Julius Bär Gruppe AG Cash Flow Statement

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

Millions CHF. 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	763.7	1,022	454	949.6	1,082
Depreciation & Amortization	98.7	106.6	115.4	138	153.6
Other Amortization	146	134.4	120.6	102.4	83.5
Gain (Loss) on Sale of Assets	-27.2	-103.6	-84.1	-20	-4.5
Gain (Loss) on Sale of Investments	212.5	14.8	606.3	16	1.8
Total Asset Writedown	5.4	3.8	8.8	69.2	18.7
Change in Trading Asset Securities	1,900	-3,765	1,360	1,073	-846.8
Accrued Interest Receivable	-1,094	68.5	951.6	745.9	-1,127
Change in Other Net Operating Assets	-947.7	4,618	-4,507	-4,954	2,556
Other Operating Activities	174.5	26.2	46	86.6	164.6
Operating Cash Flow	1,232	2,126	-929.1	-1,794	2,082
Operating Cash Flow Growth	-42.04%	-	-	-	-67.10%
Capital Expenditures	-247.3	-253.8	-239.6	-196.7	-196.8
Sale of Property, Plant and Equipment	0.3	0.7	0.4	3.3	0.2
Cash Acquisitions	-	-1.9	-1.5	-0.7	-43.5
Investment in Securities	1,197	3,111	-1,454	-4,352	497.4
Divestitures	78.4	8.1	-	42.5	-
Other Investing Activities	-	-	-	0.1	-0.1
Investing Cash Flow	1,029	2,864	-1,694	-4,504	257.2
Long-Term Debt Issued	411	186.4	847.3	147.5	1,202
Total Debt Issued	411	186.4	847.3	147.5	1,202
Net Debt Issued (Repaid)	411	186.4	847.3	147.5	1,202
Repurchase of Common Stock	-63.4	-58.6	-232	-226.3	-443
Common Dividends Paid	-535.6	-535.6	-535.6	-554.1	-385.8
Other Financing Activities	-	-1.6	-0.4	-1.4	-2.6
Financing Cash Flow	-188	-409.4	79.3	-634.3	370.1
Foreign Exchange Rate Adjustments	-56	12	-147.8	44.2	27.6
Net Cash Flow	2,017	4,592	-2,692	-6,887	2,737
Free Cash Flow	984.8	1,872	-1,169	-1,990	1,885
Free Cash Flow Growth	-47.39%	-	-	-	-69.31%
Free Cash Flow Margin	26.19%	48.49%	-36.08%	-51.65%	48.86%
Free Cash Flow Per Share	4.79	9.11	-5.68	-9.55	8.81
Cash Interest Paid	2,782	2,786	2,600	517.1	86.7
Cash Income Tax Paid	231.5	81.6	102.7	135	105.3

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