KBC Group NV 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	3,415	3,402	2,818	2,614
Depreciation & Amortization	229	239	237	242
Other Amortization	187	177	168	147
Gain (Loss) on Sale of Investments	-22	-435	6	-20
Total Asset Writedown	513	622	1,371	751
Provision for Credit Losses	224	5	177	-312
Change in Trading Asset Securities	-10,337	-2,607	3,121	1,292
Change in Other Net Operating Assets	15,745	-21,830	3,321	8,779
Other Operating Activities	-306	-73	-126	545
Operating Cash Flow	9,848	-20,194	10,791	14,043
Operating Cash Flow Growth	-	-	-23.16%	-46.74%
Capital Expenditures	-995	-988	-575	-603
Sale of Property, Plant and Equipment	341	290	246	292
Cash Acquisitions	-	-4	-94	-71
Investment in Securities	1,074	-3,482	-3,263	1,503
Income (Loss) Equity Investments	-80	4	10	5
Divestitures	-	6,480	111	-
Purchase / Sale of Intangibles	-373	-367	-342	-307
Other Investing Activities	-	1	1	-
Investing Cash Flow	-86	1,982	-3,986	822
Long-Term Debt Issued	1,511	6,477	1,033	1,020
Long-Term Debt Repaid	-	-	-795	-
Net Debt Issued (Repaid)	1,511	6,477	238	1,020
Issuance of Common Stock	17	754	15	15
Repurchase of Common Stock	-1,191	-497	-	-
Common Dividends Paid	-2,026	-1,713	-3,635	-1,483
Financing Cash Flow	-1,689	5,021	-3,382	-448
Foreign Exchange Rate Adjustments	-626	-330	503	1,343
Net Cash Flow	7,446	-13,520	3,927	15,760
Free Cash Flow	8,853	-21,182	10,216	13,440
Free Cash Flow Growth	-	-	-23.99%	-47.77%
Free Cash Flow Margin	80.92%	-188.47%	104.97%	170.02%
Free Cash Flow Per Share	22.13	-51.04	24.50	32.23
Cash Interest Paid	14,172	14,697	6,063	1,869
Cash Income Tax Paid	699	532	525	485

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