Bank of the Philippine Islands (PSE:BPI)

PSE:BPI Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	62,049	51,687	39,605	23,880
Depreciation & Amortization	5,257	6,615	5,445	6,249
Gain (Loss) on Sale of Assets	703	-361	-4,981	44
Gain (Loss) on Sale of Investments	-2,258	-929	-184	-7
Total Asset Writedown	375	27	83	457
Provision for Credit Losses	5,389	3,977	8,381	12,770
Change in Trading Asset Securities	-23,569	-1,455	-801	16,134
Change in Income Taxes	-587	798	1,382	-707
Change in Other Net Operating Assets	-236,367	-183,954	-228,063	-93,016
Other Operating Activities	-4,008	-1,081	-4,077	2,744
Operating Cash Flow	-195,786	-126,132	-184,273	-32,496
Capital Expenditures	-3,416	-4,778	-1,657	-5,595
Sale of Property, Plant and Equipment	849	2,144	1,200	789
Cash Acquisitions	22,124	769	694	1,432
Investment in Securities	26,026	-77,234	-46,210	-101,885
Income (Loss) Equity Investments	-2,738	-1,372	-1,055	-1,086
Other Investing Activities	-325	-170	534	834
Investing Cash Flow	45,258	-79,269	-40,718	-104,437
Long-Term Debt Issued	11,127	39,601	2,464	-
Long-Term Debt Repaid	-2,066	-1,893	-1,624	-58,808
Net Debt Issued (Repaid)	9,061	37,708	840	-58,808
Issuance of Common Stock	573	456	208	256
Repurchase of Common Stock	-	-372	-	-
Common Dividends Paid	-20,877	-15,934	-9,568	-8,124
Net Increase (Decrease) in Deposit Accounts	173,533	199,096	140,855	238,976
Other Financing Activities	-157	-191	-177	-
Financing Cash Flow	162,133	220,763	132,158	172,300
Net Cash Flow	11,605	15,362	-92,833	35,367
Free Cash Flow	-199,202	-130,910	-185,930	-38,091
Free Cash Flow Margin	-121.81%	-97.46%	-170.02%	-45.20%
Free Cash Flow Per Share	-37.83	-27.61	-37.81	-7.75
Cash Interest Paid	61,860	38,683	17,238	15,352
Cash Income Tax Paid	16,084	14,004	12,938	7,497

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