Bank Millennium Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 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	2015 - 2019
Net Income	1,028	719.21	575.72	-1,015	-1,357	22.82	Upgrade
Depreciation & Amortization	191.61	191.7	181.43	176.37	166.46	182.55	Upgrade
Other Amortization	34.49	34.49	30.09	32.56	27.04	27.86	Upgrade
Gain (Loss) on Sale of Assets	-56.98	-21.69	-659.93	-1.49	-8.81	-134.01	Upgrade
Change in Trading Asset Securities	-383.86	-265.14	142.27	-306.54	-206.91	277.62	Upgrade
Change in Income Taxes	-20.09	-501.62	549.44	54.24	94.58	-160.69	Upgrade
Change in Other Net Operating Assets	-5,234	-7,326	-3,903	-941.24	-9,149	-6,814	Upgrade
Other Operating Activities	6,210	7,093	5,571	3,688	3,045	2,701	Upgrade
Operating Cash Flow	1,770	-76.12	2,487	1,687	-7,389	-3,897	Upgrade
Operating Cash Flow Growth	-	-	47.40%	-	-	-	Upgrade
Capital Expenditures	-267.04	-249.12	-187.89	-157.01	-92.4	-73.95	Upgrade
Sale of Property, Plant and Equipment	82.18	35.07	27.72	15.71	9.93	25.86	Upgrade
Cash Acquisitions	-	-	-	-	-0.01	-	Upgrade
Investment in Securities	-18,918	-18,969	-12,031	1,356	-448.99	2,080	Upgrade
Other Investing Activities	4.35	3.63	3.43	3.8	52.4	3.68	Upgrade
Investing Cash Flow	-19,099	-19,180	-12,188	1,219	-479.08	2,036	Upgrade
Long-Term Debt Issued	-	2,932	2,316	-	-	13	Upgrade
Long-Term Debt Repaid	-	-	-105	-265.99	-260	-1,006	Upgrade
Net Debt Issued (Repaid)	1,300	2,932	2,211	-265.99	-260	-993.25	Upgrade
Net Increase (Decrease) in Deposit Accounts	16,391	12,488	11,909	8,308	9,954	759.19	Upgrade
Other Financing Activities	-909.88	-498.31	-150.93	-89.04	-39.35	-71.29	Upgrade
Financing Cash Flow	16,781	14,921	13,969	7,953	9,654	-305.35	Upgrade
Net Cash Flow	-547.59	-4,335	4,268	10,859	1,786	-2,166	Upgrade
Free Cash Flow	1,503	-325.23	2,299	1,530	-7,482	-3,971	Upgrade
Free Cash Flow Growth	-	-	50.24%	-	-	-	Upgrade
Free Cash Flow Margin	22.62%	-5.22%	34.09%	39.45%	-222.78%	-123.55%	Upgrade
Free Cash Flow Per Share	1.24	-0.27	1.90	1.26	-6.17	-3.27	Upgrade
Cash Interest Paid	384.52	2,761	2,775	1,310	122.31	552.88	Upgrade
Cash Income Tax Paid	-	256.4	207.09	235.49	218.47	343.18	Upgrade

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