Thurgauer 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	-	-	-	147.85	145.55
Depreciation & Amortization	-	-	-	13.44	14.14
Provision for Credit Losses	-	-	-	23	31.22
Other Adjustments	-	-	0	45.91	74.21
Changes in Accrued Expenses	-	-	-	2.61	2.04
Changes in Other Operating Activities	-	-	-	82.31	71.57
Operating Cash Flow	155.65	172.87	171.09	215.67	230.46
Operating Cash Flow Growth	-9.96%	1.04%	-20.67%	-6.42%	1.07%
Capital Expenditures	-	-	-	12.59	13.62
Other Investing Activities	-	-	-	0.05	7.42
Investing Cash Flow	-	-	-9.77	0.18	0.19
Financing Cash Flow	-	-	-	7,013	7,108
Net Cash Flow	-161.06	-1,047	1,161	7,229	7,338
Free Cash Flow	155.65	172.87	171.09	228.26	244.08
Free Cash Flow Growth	-9.96%	1.04%	-25.04%	-6.48%	1.98%
FCF Margin	35.45%	41.12%	40.08%	61.26%	66.67%
Free Cash Flow Per Share	38.91	43.22	42.77	57.06	61.02