SWX:HBLN Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	20.45	21.28	18.03	-
Depreciation & Amortization	1.61	7.38	2.14	-
Other Amortization	7.02	-	2.31	-
Gain (Loss) on Sale of Investments	0.92	-0.03	0.05	-
Change in Trading Asset Securities	4.46	4	-8.43	-
Change in Other Net Operating Assets	-538	-442.88	-432.29	-
Other Operating Activities	-0.6	4.85	-0.69	-
Operating Cash Flow	-504.15	-405.4	-418.88	-
Capital Expenditures	-1.66	-1.84	-0.96	-
Investment in Securities	-8.47	-0.1	-2.74	-
Purchase / Sale of Intangibles	-11.36	-12.18	-11.55	-
Investing Cash Flow	-21.48	-14.13	-15.26	-
Long-Term Debt Issued	131.91	31.92	91.46	-
Long-Term Debt Repaid	-22.1	-29.18	-56.86	-
Net Debt Issued (Repaid)	109.81	2.74	34.6	-
Issuance of Common Stock	3.02	3.97	3.17	-
Repurchase of Common Stock	-2.92	-4.39	-3.08	-
Common Dividends Paid	-8.64	-8.28	-8.28	-
Net Increase (Decrease) in Deposit Accounts	245.14	274.51	316.61	-
Other Financing Activities	-5.62	2.5	0.25	-
Financing Cash Flow	340.8	271.05	343.26	-
Net Cash Flow	-184.83	-148.48	-90.88	-
Free Cash Flow	-505.8	-407.25	-419.84	-
Free Cash Flow Margin	-445.87%	-366.62%	-478.10%	-
Free Cash Flow Per Share	-7046.84	-5675.22	-5846.62	-

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