Glarner Kantonalbank 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	21.83	24.29	26	25.29	24.46
Depreciation & Amortization	5.28	4.74	5.68	5.74	5.87
Provision for Credit Losses	3.76	6.45	4.34	9.91	8.49
Other Adjustments	0.31	1.91	2.5	1.03	2.25
Changes in Trading Assets	13.38	61.44	4.31	42.52	39.31
Changes in Accrued Interest and Accounts Receivable	12.09	9.2	0.63	3.49	2.24
Changes in Accrued Expenses	18.14	49.88	24.14	13.42	33.59
Changes in Other Operating Activities	13.5	14.85	-	12.9	13.15
Operating Cash Flow	24.88	20.71	30.73	9.72	129.36
Operating Cash Flow Growth	20.13%	-32.60%	216.01%	-92.48%	134.56%
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	2.45	71.6	23.33	79.35	143.14
Net Change in Loans Held-for-Investment	222.6	378.66	16.73	661.06	333.78
Net Change in Securities and Investments	18.01	184.99	222.1	363.41	25.06
Capital Expenditures	3.23	3.66	-	4.83	7.4
Other Investing Activities	0.05	0.08	-	-	1.33
Investing Cash Flow	3.27	3.74	262.16	4.83	510.71
Net Change in Deposits	162.26	86.25	-	299.76	406.48
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	256.54	455.47	-	71.82	162.66
Long-Term Debt Issued	566	225.67	514.23	420.52	434.36
Net Long-Term Debt Issued (Repaid)	566	225.67	514.23	420.52	434.36
Issuance of Common Stock	-	-	-	0.35	35.34
Net Common Stock Issued (Repurchased)	-	-	-	0.35	35.34
Financing Cash Flow	21.61	24.45	24.64	14.91	1,039
Net Cash Flow	14.77	224.08	317.53	140.92	238.27
Free Cash Flow	28.1	24.37	30.73	14.55	136.76
Free Cash Flow Growth	15.30%	-20.68%	111.14%	-89.36%	123.64%
FCF Margin	29.34%	24.75%	30.07%	15.26%	150.72%
Free Cash Flow Per Share	1.98	1.72	2.21	1.08	10.13