Intesa Sanpaolo Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	8,666	7,724	4,379	4,185
Depreciation & Amortization	725	1,501	1,524	1,446
Other Amortization	1,021	-	-	-
Gain (Loss) on Sale of Investments	1,148	-1,743	533	-1,755
Total Asset Writedown	44	-	-	-
Provision for Credit Losses	1,568	1,780	3,147	3,621
Change in Trading Asset Securities	-7,829	-12,202	38,051	-4,170
Change in Other Net Operating Assets	-51,185	-17,488	71,602	2,121
Other Operating Activities	5,655	2,934	-17,120	3,211
Operating Cash Flow	-40,187	-17,338	102,276	8,805
Operating Cash Flow Growth	-	-	1061.57%	-
Capital Expenditures	-286	-334	-576	-775
Sale of Property, Plant and Equipment	79	633	78	96
Cash Acquisitions	153	-	1,072	-446
Investment in Securities	133	288	78	-50
Purchase / Sale of Intangibles	-1,379	-1,248	-1,269	-1,099
Other Investing Activities	53	73	79	48
Investing Cash Flow	-1,247	-588	-538	-2,226
Issuance of Common Stock	355	417	616	-
Repurchase of Common Stock	-1,736	-1,709	-1,118	-1,538
Common Dividends Paid	-5,830	-4,293	-2,966	-4,041
Other Financing Activities	23	-7	-50	-14
Financing Cash Flow	-7,188	-5,592	-3,518	-5,593
Foreign Exchange Rate Adjustments	-115	-136	-52	37
Net Cash Flow	-48,737	-23,654	98,168	1,023
Free Cash Flow	-40,473	-17,672	101,700	8,030
Free Cash Flow Growth	-	-	1166.50%	-
Free Cash Flow Margin	-159.49%	-76.31%	564.87%	44.32%
Free Cash Flow Per Share	-2.25	-0.96	5.26	0.41

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.