Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY)

Grupo Financiero Banorte Cash Flow Statement

Financials in millions MXN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	56,638	56,188	52,418	45,408	35,048	30,508
Depreciation & Amortization	6,759	6,562	5,409	5,414	2,590	2,287
Change in Trading Asset Securities	2,502	7,831	6,744	-8,720	21,307	-25,924
Change in Income Taxes	-24,423	-21,179	-21,855	-10,524	-11,587	-7,034
Change in Other Net Operating Assets	-74,098	-121,537	-172,030	-71,154	-55,445	-68,704
Other Operating Activities	25,625	25,129	23,376	18,930	43,690	27,966
Net Cash from Discontinued Operations	2,032	-	-	-	-	-
Operating Cash Flow	-7,129	-49,000	-107,314	-21,561	33,821	-42,515
Capital Expenditures	-10,744	-8,272	-9,064	-11,791	-4,523	-7,435
Sale of Property, Plant and Equipment	5,334	2,905	3,940	962	1,519	2,884
Cash Acquisitions	-16.87	-	-	-	-	-139
Investment in Securities	-3	-3	-94	-914	-	-
Income (Loss) Equity Investments	-1,612	-1,713	-1,413	-966	-1,782	-1,614
Divestitures	-	-	-	-	4	-
Other Investing Activities	1,443	1,400	954	1,817	1,818	1,969
Investing Cash Flow	-3,986	-3,970	-4,264	-9,926	-1,182	-2,721
Long-Term Debt Repaid	-	-767	-362	-1,018	-	-
Net Debt Issued (Repaid)	-781.6	-767	-362	-1,018	-	-
Repurchase of Common Stock	-4,394	-12,674	-	-1,042	-	-2,146
Common Dividends Paid	-38,047	-35,938	-37,704	-34,283	-16,759	-
Net Increase (Decrease) in Deposit Accounts	37,150	77,083	159,226	98,166	-22,687	97,222
Other Financing Activities	14,748	23,439	-17,457	-20,869	-3,689	-3,342
Financing Cash Flow	8,676	51,143	103,703	40,954	-43,135	91,734
Foreign Exchange Rate Adjustments	-131.8	301	-149	-55	32	11
Net Cash Flow	-2,571	-1,526	-8,024	9,412	-10,464	46,509
Free Cash Flow	-17,873	-57,272	-116,378	-33,352	29,298	-49,950
Free Cash Flow Margin	-13.27%	-44.66%	-98.51%	-31.52%	32.64%	-60.95%
Free Cash Flow Per Share	-6.22	-20.10	-40.65	-11.57	10.16	-17.32
Cash Interest Paid	383.8	387	379	408	3,689	3,342
Cash Income Tax Paid	24,423	21,179	21,855	10,524	11,587	7,034

Source: S&P Global Market Intelligence. Banks template. Financial Sources.