Philippine National Bank Cash Flow Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	25,255	21,053	17,979	11,532	31,631
Depreciation & Amortization	2,287	2,498	2,852	2,832	2,846
Other Amortization	1,405	1,216	1,214	1,499	116.9
Gain (Loss) on Sale of Assets	-2,413	-1,995	-4,542	-7,732	-17,022
Gain (Loss) on Sale of Investments	4,492	-4,685	-3,282	345.01	-16,877
Total Asset Writedown	1,645	3,828	1,569	38.34	1,899
Provision for Credit Losses	2.82	-1.91	5,390	7,160	10,980
Change in Trading Asset Securities	-16,432	-6,757	-2,770	3,609	11,813
Change in Income Taxes	774.32	-1,485	1,435	1,519	246.63
Change in Other Net Operating Assets	-111,247	-23,098	-34,780	115.28	-20,292
Other Operating Activities	2,935	2,597	-135.19	9,066	9,037
Net Cash from Discontinued Operations	-	-	-	-	-489.58
Operating Cash Flow	-91,792	-7,248	-15,338	29,996	13,071
Operating Cash Flow Growth	-	-	-	129.49%	-59.76%
Capital Expenditures	-750.18	-445.45	-419.86	-547.08	-1,121
Sale of Property, Plant and Equipment	156.19	166.64	1,295	108.25	201.59
Investment in Securities	-3,907	-28,448	-12,376	-15,977	-5,598
Income (Loss) Equity Investments	-496	-419.51	-268.09	56.06	-50.79
Divestitures	-	-	-	-	1,002
Purchase / Sale of Intangibles	-983.81	-946.94	-598.97	-881.57	-655.46
Investing Cash Flow	-2,980	-28,773	-7,225	-10,452	-5,877
Long-Term Debt Issued	343,622	226,936	140,965	237,507	237,328
Long-Term Debt Repaid	-339,186	-253,766	-153,902	-278,116	-288,855
Net Debt Issued (Repaid)	4,436	-26,829	-12,937	-40,609	-51,528
Common Dividends Paid	-4,211	-	-	-	-
Net Increase (Decrease) in Deposit Accounts	89,530	43,686	56,720	-23,726	4,603
Financing Cash Flow	89,755	16,857	43,783	-64,335	-46,924
Net Cash Flow	-5,017	-19,164	21,220	-44,791	-39,730
Free Cash Flow	-92,542	-7,693	-15,758	29,449	11,950
Free Cash Flow Growth	-	-	-	146.44%	-61.76%
Free Cash Flow Margin	-146.29%	-13.71%	-30.64%	65.62%	18.03%
Free Cash Flow Per Share	-60.65	-5.04	-10.33	19.30	7.83
Cash Interest Paid	16,417	18,169	13,298	7,312	7,690
Cash Income Tax Paid	4,306	4,144	3,919	2,050	2,286

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