VP Bank AG Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Net Income	35.75	18.47	44.21	40.16	50.64	41.62	Upgrade
Depreciation & Amortization	14.31	18	19.44	20.48	24.08	19.76	Upgrade
Other Amortization	17.07	17.07	26.47	19.48	12.3	9.01	Upgrade
Gain (Loss) on Sale of Investments	2.01	2.01	0.05	-3.61	-3.16	-1.45	Upgrade
Total Asset Writedown	1.89	1.89	-	1.01	-	-	Upgrade
Change in Trading Asset Securities	-130.62	-130.62	31.28	5.88	0.36	2.68	Upgrade
Change in Other Net Operating Assets	225.06	-973.26	-426.33	82.25	-168.99	-291.82	Upgrade
Other Operating Activities	-89.23	44.68	-64.9	-17.81	-1.66	-24.33	Upgrade
Operating Cash Flow	76.24	-1,002	-369.78	147.84	-86.43	-244.53	Upgrade
Capital Expenditures	-12.64	-12.64	-18.86	-32.65	-38.62	-22.28	Upgrade
Sale of Property, Plant and Equipment	-	-	-	-	0.04	-	Upgrade
Cash Acquisitions	-	-	-	-	53.41	-	Upgrade
Investment in Securities	202.26	238.23	-66.72	-247.79	-89.49	37.23	Upgrade
Investing Cash Flow	190.35	225.59	-85.59	-280.44	-74.66	14.95	Upgrade
Long-Term Debt Issued	-	1.19	23.69	8.16	14.75	3.43	Upgrade
Long-Term Debt Repaid	-	-109.73	-17.06	-26.61	-143.05	-110.14	Upgrade
Net Debt Issued (Repaid)	-104.95	-108.54	6.63	-18.45	-128.29	-106.71	Upgrade
Issuance of Common Stock	1.53	1.53	1.31	1.14	0.91	0.96	Upgrade
Repurchase of Common Stock	-0.01	-0.01	-0.01	-0.02	-0.05	-0.2	Upgrade
Common Dividends Paid	-24.88	-30.89	-30.68	-30.52	-24.29	-33.16	Upgrade
Financing Cash Flow	-128.27	-137.9	-22.75	-47.85	-151.72	-139.11	Upgrade
Foreign Exchange Rate Adjustments	-19.9	53.6	-45.87	-10.83	-16.7	8.19	Upgrade
Net Cash Flow	118.43	-860.47	-523.99	-191.27	-329.52	-360.5	Upgrade
Free Cash Flow	63.6	-1,014	-388.64	115.19	-125.05	-266.81	Upgrade
Free Cash Flow Margin	18.54%	-307.57%	-108.84%	34.00%	-37.72%	-89.03%	Upgrade
Free Cash Flow Per Share	10.20	-163.27	-62.95	18.76	-20.50	-44.02	Upgrade
Cash Interest Paid	207.16	207.16	172.26	36.09	14.48	28.57	Upgrade
Cash Income Tax Paid	6.63	6.63	8.95	11.61	8.67	7.67	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.