Philippine National Bank Cash Flow Statement

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

Millions PHP. 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	24,519	21,053	17,979	11,532	31,631	2,615
Depreciation & Amortization	2,521	2,498	2,852	2,832	2,846	3,155
Other Amortization	1,175	1,216	1,214	1,499	116.9	229.42
Gain (Loss) on Sale of Assets	-2,725	-1,995	-4,542	-7,732	-17,022	-91.66
Gain (Loss) on Sale of Investments	-3,103	-4,685	-3,362	345.01	-16,877	-3,520
Total Asset Writedown	582.5	3,828	7,033	38.34	1,899	827.63
Provision for Credit Losses	-1.91	-1.91	6.68	7,160	10,980	16,055
Change in Trading Asset Securities	6,644	-6,757	-2,770	3,609	11,813	-9,476
Change in Income Taxes	892.52	-1,485	1,435	1,519	246.63	-2,376
Change in Other Net Operating Assets	-60,952	-24,100	-35,018	115.28	-20,292	31,712
Other Operating Activities	3,910	2,597	-135.19	9,066	9,037	-6,817
Net Cash from Discontinued Operations	-	-	-	-	-489.58	358.61
Operating Cash Flow	-26,957	-8,250	-15,576	29,996	13,071	32,478
Operating Cash Flow Growth	-	-	-	129.49%	-59.76%	-
Capital Expenditures	-420.29	-445.45	-419.86	-547.08	-1,121	-1,231
Sale of Property, Plant and Equipment	95.31	166.64	1,295	108.25	201.59	36.75
Investment in Securities	-41,421	-28,448	-12,376	-15,977	-5,598	-5,452
Income (Loss) Equity Investments	-419.52	-419.51	-268.09	56.06	-50.79	-88.48
Divestitures	-	-	-	-	1,002	521.82
Purchase / Sale of Intangibles	-1,067	-946.94	-598.97	-881.57	-655.46	-283.47
Investing Cash Flow	-39,642	-27,771	-6,987	-10,452	-5,877	-6,197
Long-Term Debt Issued	-	226,936	140,965	237,507	237,328	168,973
Long-Term Debt Repaid	-	-253,766	-153,902	-278,116	-288,855	-137,382
Net Debt Issued (Repaid)	13,729	-26,829	-12,937	-40,609	-51,528	31,592
Net Increase (Decrease) in Deposit Accounts	7,289	43,686	56,720	-23,726	4,603	64,182
Financing Cash Flow	16,806	16,857	43,783	-64,335	-46,924	95,774
Net Cash Flow	-49,793	-19,164	21,220	-44,791	-39,730	122,055
Free Cash Flow	-27,378	-8,695	-15,996	29,449	11,950	31,247
Free Cash Flow Growth	-	-	-	146.44%	-61.76%	-
Free Cash Flow Margin	-43.48%	-15.50%	-31.00%	65.62%	18.03%	109.93%
Free Cash Flow Per Share	-17.94	-5.70	-10.48	19.30	7.83	20.48
Cash Interest Paid	17,078	18,169	13,298	7,312	7,690	11,937
Cash Income Tax Paid	4,391	4,144	3,919	2,050	2,286	1,649

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