PBAM Cash Flow Statement

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

Millions USD. 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	35.82	40.86	24.71	21.03
Depreciation & Amortization	1.82	2.24	2.17	1.49
Other Amortization	0.01	0.01	0.01	0.01
Gain (Loss) on Sale of Investments	-0.14	0.19	0.35	-1.56
Total Asset Writedown	-	-0.3	0.3	-
Provision for Credit Losses	2.69	-6.15	2.18	2.71
Net Decrease (Increase) in Loans Originated / Sold - Operating	0.37	7.01	20.79	-7.72
Accrued Interest Receivable	0.65	-2.48	-1.02	1.85
Other Operating Activities	-2.88	-4.18	-7.29	-0.71
Operating Cash Flow	37.73	33.52	41.17	8.03
Operating Cash Flow Growth	12.56%	-18.57%	412.92%	-83.11%
Capital Expenditures	-1.51	-0.84	-0.36	-0.56
Investment in Securities	-44.44	7.31	-19.52	-76.63
Net Decrease (Increase) in Loans Originated / Sold - Investing	-234.95	-246.23	-357.36	-225.29
Other Investing Activities	-0.67	-1.9	-2.11	-0.31
Investing Cash Flow	-281.57	-241.65	-379.35	-302.78
Long-Term Debt Issued	-	57	-	-
Long-Term Debt Repaid	-29	-	-10	-65
Net Debt Issued (Repaid)	-29	57	-10	-65
Issuance of Common Stock	0.03	0.44	0.21	0.04
Repurchase of Common Stock	-0.51	-0.1	-1.93	-0.14
Net Increase (Decrease) in Deposit Accounts	259.09	200.25	329.46	232.72
Financing Cash Flow	229.62	257.59	317.74	167.62
Net Cash Flow	-14.22	49.46	-20.44	-127.14
Free Cash Flow	36.22	32.69	40.8	7.47
Free Cash Flow Growth	10.81%	-19.89%	446.59%	-84.19%
Free Cash Flow Margin	34.76%	32.34%	48.87%	11.07%
Free Cash Flow Per Share	6.26	5.73	7.22	1.33
Cash Interest Paid	54.17	33.51	5.95	4.76
Cash Income Tax Paid	13.54	18.47	10.21	10.4

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