The National Bank Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	-0.02	1.03	14.4	17	8.5	-5.82
Depreciation & Amortization	4.46	4.95	4.3	3.6	6.18	8.46
Other Amortization	1.12	1.12	1.62	2.57	1.26	1.31
Gain (Loss) on Sale of Assets	0.06	0.06	-0	0.01	-	-0.07
Gain (Loss) on Sale of Investments	0.08	0.05	0.05	-0.35	-0.52	0.16
Total Asset Writedown	-	-	-	-	0.69	0.09
Provision for Credit Losses	15.26	14.53	6.26	4.59	10.25	28.19
Change in Other Net Operating Assets	-21.96	102.71	17.11	-59.04	-3.66	-277.46
Other Operating Activities	0.18	-2.23	-0.98	2.53	4.81	-0.62
Operating Cash Flow	-1.69	121.96	41.52	-32.88	25.54	-245.91
Operating Cash Flow Growth	-	193.72%	-	-	-	-
Capital Expenditures	-1.12	-2.9	-5.45	-4	-1.45	-3.47
Sale of Property, Plant and Equipment	-	-	0.03	0.03	0.09	0.17
Cash Acquisitions	-	-	-	-	-	76.41
Investment in Securities	9.78	-1.24	-10.68	31.7	-16.81	30.05
Income (Loss) Equity Investments	-0.87	-0.25	-1.22	-3.8	-1.96	-0.15
Divestitures	-	-	-	-	-363.36	-
Purchase / Sale of Intangibles	-0.42	-0.6	-0.51	-1.34	-0.72	-1.04
Other Investing Activities	0.05	0.2	1.5	2.32	1.62	1.3
Investing Cash Flow	8.3	-4.55	-15.12	28.72	-380.64	103.6
Long-Term Debt Issued	-	-	37.11	-	-	46.33
Long-Term Debt Repaid	-	-20.93	-14.24	-36.13	-37.38	-2.38
Net Debt Issued (Repaid)	18.28	-20.93	22.87	-36.13	-37.38	43.95
Issuance of Common Stock	-	-	-	-	12.79	-
Common Dividends Paid	-	-0.06	-5.44	-0.05	-	-
Net Increase (Decrease) in Deposit Accounts	66.78	-26.12	-42.26	-5.72	134.66	197.32
Financing Cash Flow	85.07	-47.11	-24.83	-41.9	110.07	241.26
Net Cash Flow	91.69	70.31	1.57	-46.07	-245.02	98.96
Free Cash Flow	-2.8	119.06	36.07	-36.88	24.1	-249.37
Free Cash Flow Growth	-	230.09%	-	-	-	-
Free Cash Flow Margin	-7.30%	285.68%	60.65%	-59.40%	32.32%	-335.77%
Free Cash Flow Per Share	-0.02	1.05	0.32	-0.33	0.23	-2.75
Cash Interest Paid	20.08	20.08	14.63	17.67	22.59	19.4
Cash Income Tax Paid	3.47	3.47	2.49	-0.31	4.39	6.59

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