Thurgauer Kantonalbank 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	158.02	158.95	147.85	145.55
Depreciation & Amortization	7.11	7.5	7.8	8.28
Other Amortization	3.36	4.45	5.17	5.72
Gain (Loss) on Sale of Investments	0.26	0.52	0.46	0.14
Provision for Credit Losses	57.37	63.1	2.69	12.99
Change in Trading Asset Securities	-33.8	45.51	-112.39	-7.31
Change in Other Net Operating Assets	148.19	170.77	425.66	-617.31
Other Operating Activities	0.48	-1.46	2.94	12.78
Operating Cash Flow	340.99	449.33	480.2	-437.12
Operating Cash Flow Growth	-24.11%	-6.43%	-	-
Capital Expenditures	-4.14	-5.21	-12.41	-13.44
Sale of Property, Plant and Equipment	0.18	0.46	0.18	0.19
Investment in Securities	-115.22	-10.58	-272.37	-82.81
Net Decrease (Increase) in Loans Originated / Sold - Investing	-1,390	-830.75	-374.78	-277.81
Investing Cash Flow	-1,519	-850.61	-659.38	-373.87
Short-Term Debt Issued	1,104	-	-	-
Long-Term Debt Issued	1,846	1,405	1,917	1,531
Total Debt Issued	2,950	1,405	1,917	1,531
Short-Term Debt Repaid	-	-1,144	-61.89	-384.8
Long-Term Debt Repaid	-1,121	-815.08	-861.72	-874.83
Total Debt Repaid	-1,121	-1,959	-923.6	-1,260
Net Debt Issued (Repaid)	1,829	-553.34	993.59	271.71
Common Dividends Paid	-77.25	-72.94	-72.57	-70.12
Net Increase (Decrease) in Deposit Accounts	470.47	-107.07	347.96	1,023
Other Financing Activities	2.88	-26.76	178.01	3.75
Financing Cash Flow	2,225	-760.1	1,447	1,228
Net Cash Flow	1,047	-1,161	1,268	416.92
Free Cash Flow	336.85	444.12	467.78	-450.56
Free Cash Flow Growth	-24.15%	-5.06%	-	-
Free Cash Flow Margin	82.23%	107.16%	125.54%	-128.01%
Free Cash Flow Per Share	16.84	22.21	23.39	-22.53

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