Luzerner Kantonalbank AG 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	286.64	265.4	226.6	221.38
Depreciation & Amortization	28.49	34.47	33.95	35.74
Gain (Loss) on Sale of Investments	0.72	0.46	0.03	1.35
Provision for Credit Losses	25	-	25	25
Change in Trading Asset Securities	-511.61	-80.45	-456.94	-76.83
Change in Other Net Operating Assets	-448.21	-4,656	1,671	-3,394
Other Operating Activities	57.63	57.79	36.91	21.3
Operating Cash Flow	-561.34	-4,379	1,537	-3,166
Capital Expenditures	-19.36	-17.85	-49.37	-65.76
Investment in Securities	-103.63	-21.47	-767.7	80.59
Purchase / Sale of Intangibles	15.54	-	-	-
Investing Cash Flow	-112.24	-55.69	-817.07	14.84
Long-Term Debt Issued	949.33	2,012	1,694	2,497
Long-Term Debt Repaid	-589.85	-874.79	-819.49	-831.34
Net Debt Issued (Repaid)	359.47	1,138	874.82	1,665
Issuance of Common Stock	5.34	495.87	3.49	7.54
Repurchase of Common Stock	-	-	-	-4.83
Common Dividends Paid	-123.36	-106.12	-106.08	-106.09
Net Increase (Decrease) in Deposit Accounts	253.61	1,803	-1,506	3,213
Other Financing Activities	-47.4	-84.24	115.87	258.61
Financing Cash Flow	447.67	3,246	-617.54	5,034
Net Cash Flow	-225.91	-1,189	186.95	1,883
Free Cash Flow	-580.7	-4,397	1,487	-3,231
Free Cash Flow Margin	-89.27%	-715.06%	253.92%	-555.90%
Free Cash Flow Per Share	-11.77	-89.05	35.05	-76.16

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