AS LHV Group (TAL:LHV1T)

AS LHV Group Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	114.27	148.97	139.6	59.81	58.26
Depreciation & Amortization	10.38	8.61	11.21	5.88	4.25
Other Amortization	1.14	1.33	1.3	1.5	3.96
Change in Trading Asset Securities	2.89	-7.02	-7.06	-0.04	-0.14
Change in Other Net Operating Assets	-935.38	-636.42	-332.55	-466.98	-483.49
Other Operating Activities	16.02	53.35	43.52	18.7	8.34
Operating Cash Flow	-790.69	-431.18	-143.99	-381.13	-408.83
Capital Expenditures	-0.08	-1.21	-3.42	-11.3	-6.69
Investment in Securities	-	-	-	-244.78	188.16
Purchase / Sale of Intangibles	-2.61	-4.42	-4.71	-	-
Other Investing Activities	-0.01	-1.62	-8.77	-	-
Investing Cash Flow	-2.7	-7.25	-16.9	-256.08	181.47
Long-Term Debt Issued	130	20	35	20.26	139.39
Long-Term Debt Repaid	-53.52	-23.4	-41.95	-1.42	-41.25
Net Debt Issued (Repaid)	76.48	-3.4	-6.95	18.84	98.13
Issuance of Common Stock	8	4.02	2.63	45.5	26.94
Repurchase of Common Stock	-7.27	-	-	-	-
Common Dividends Paid	-29.18	-41.58	-12.62	-11.95	-8.36
Net Increase (Decrease) in Deposit Accounts	1,265	1,165	806.31	-909.05	1,690
Other Financing Activities	-2.03	-0.7	-1.23	-2.1	-2.1
Financing Cash Flow	1,311	1,124	788.15	-858.76	1,805
Foreign Exchange Rate Adjustments	-23.17	14.49	0.79	-0.44	0.07
Net Cash Flow	494.58	699.76	628.05	-1,496	1,578
Free Cash Flow	-790.77	-432.39	-147.41	-392.43	-415.51
Free Cash Flow Margin	-260.70%	-134.26%	-50.15%	-230.10%	-304.55%
Free Cash Flow Per Share	-2.37	-1.32	-0.45	-1.24	-1.39
Cash Interest Paid	180.58	144.58	57.07	21.16	29.89
Cash Income Tax Paid	25.17	24.43	23.66	12.73	10.8

Source: S&P Global Market Intelligence. Banks template. Financial Sources.