Nedbank Group Cash Flow Statement

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

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	16,251	16,834	15,305	14,287	11,238	3,467
Depreciation & Amortization	2,553	2,553	2,275	2,224	2,305	2,491
Other Amortization	1,875	1,875	1,850	1,864	1,705	1,436
Gain (Loss) on Sale of Assets	20	20	66	-336	30	106
Gain (Loss) on Sale of Investments	9,143	9,143	10,472	8,781	8,792	14,690
Total Asset Writedown	147	147	337	91	469	706
Change in Trading Asset Securities	-6,031	-6,031	-13,909	33,071	25,948	-
Accrued Interest Receivable	186	186	1,871	1,955	754	-1,580
Change in Other Net Operating Assets	-83,138	-95,061	-34,413	-115,934	-59,284	-61,366
Other Operating Activities	3,568	4,844	3,840	3,966	-57	1,798
Operating Cash Flow	-57,447	-67,511	-17,015	-54,289	-7,273	-34,912
Capital Expenditures	-6,035	-4,623	-3,872	-3,176	-3,455	-4,313
Sale of Property, Plant and Equipment	464	405	69	91	29	56
Cash Acquisitions	-50	-1,043	-	-	-	-
Investment in Securities	-1,857	-243	214	120	1,376	-560
Income (Loss) Equity Investments	-1,313	-1,313	-1,449	-879	-786	76
Divestitures	-	-	-	339	-	-
Investing Cash Flow	-7,478	-5,504	-3,589	-2,626	-2,050	-4,817
Long-Term Debt Issued	-	12,587	4,842	1,424	6,579	7,189
Long-Term Debt Repaid	-	-12,882	-9,932	-8,748	-9,233	-8,020
Net Debt Issued (Repaid)	5,896	-295	-5,090	-7,324	-2,654	-831
Issuance of Common Stock	-	-	-	-	-	437
Repurchase of Common Stock	-2,971	-1,658	-5,044	-	-	-
Preferred Share Repurchases	-	-	-	-	-3,144	-
Common Dividends Paid	-10,227	-9,767	-8,615	-7,826	-2,178	-3,500
Net Increase (Decrease) in Deposit Accounts	86,322	86,322	46,659	73,143	19,412	48,244
Other Financing Activities	657	839	-1,147	-87	564	-893
Financing Cash Flow	79,677	75,441	26,763	57,906	12,000	43,457
Foreign Exchange Rate Adjustments	399	638	305	41	527	19
Net Cash Flow	15,151	3,064	6,464	1,032	3,204	3,747
Free Cash Flow	-63,482	-72,134	-20,887	-57,465	-10,728	-39,225
Free Cash Flow Margin	-94.71%	-110.15%	-34.27%	-102.10%	-20.79%	-97.63%
Free Cash Flow Per Share	-132.99	-150.71	-42.69	-114.78	-21.68	-80.26
Cash Interest Paid	83,451	81,754	71,171	41,565	34,273	45,213
Cash Income Tax Paid	5,658	5,886	5,627	4,960	5,599	3,182

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.