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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,323	1,202	719.21	575.72	-1,015	-1,357
Depreciation & Amortization	195.51	190.99	191.7	181.43	176.37	166.46
Other Amortization	33.39	33.39	34.49	30.09	32.56	27.04
Gain (Loss) on Sale of Assets	-40.08	-40.52	-21.69	-659.93	-1.49	-8.81
Change in Trading Asset Securities	-365.13	-200.48	-124.71	142.27	-306.54	-206.91
Change in Income Taxes	3.35	-111.94	-501.62	549.44	54.24	94.58
Change in Other Net Operating Assets	-4,153	-1,202	-64.47	-3,903	-941.24	-9,149
Other Operating Activities	488.25	236.54	297.14	5,571	3,688	3,045
Operating Cash Flow	-2,514	107.91	530.05	2,487	1,687	-7,389
Operating Cash Flow Growth	-	-79.64%	-78.68%	47.40%	-	-
Capital Expenditures	-275.61	-275.65	-221.67	-187.89	-157.01	-92.4
Sale of Property, Plant and Equipment	66.78	64.61	35.07	27.72	15.71	9.93
Cash Acquisitions	-	-	-	-	-	-0.01
Investment in Securities	-19,165	-13,510	-13,629	-12,031	1,356	-448.99
Other Investing Activities	4.26	4.31	3.63	3.43	3.8	52.4
Investing Cash Flow	-19,369	-13,717	-13,812	-12,188	1,219	-479.08
Long-Term Debt Issued	-	1,800	2,932	2,316	-	-
Long-Term Debt Repaid	-	-292.64	-219.48	-105	-265.99	-260
Net Debt Issued (Repaid)	2,945	1,507	2,712	2,211	-265.99	-260
Net Increase (Decrease) in Deposit Accounts	15,491	13,518	9,752	11,909	8,308	9,954
Other Financing Activities	-692.88	-685.62	-526.94	-150.93	-89.04	-39.35
Financing Cash Flow	17,743	14,340	11,937	13,969	7,953	9,654
Net Cash Flow	-4,140	730.73	-1,345	4,268	10,859	1,786
Free Cash Flow	-2,790	-167.75	308.38	2,299	1,530	-7,482
Free Cash Flow Growth	-	-	-86.59%	50.24%	-	-
Free Cash Flow Margin	-39.90%	-2.39%	4.67%	34.09%	39.45%	-222.78%
Free Cash Flow Per Share	-2.30	-0.14	0.25	1.90	1.26	-6.17
Cash Interest Paid	2,685	2,750	2,761	2,775	1,310	122.31
Cash Income Tax Paid	477.79	529.91	657.43	207.09	235.49	218.47

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