Santander Bank Polska 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
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
Net Income	5,554	5,213	4,831	2,799	1,112	1,037
Depreciation & Amortization	595.12	614.2	569.48	523.59	578.97	593.6
Gain (Loss) on Sale of Assets	-9.66	4.04	5.02	26.5	-84.14	-236.8
Total Asset Writedown	12.05	14.09	5.57	9.59	64.94	48.74
Change in Trading Asset Securities	-1,661	689.24	-416.84	327.59	26.16	-110.89
Change in Other Net Operating Assets	-4,980	-39,211	-23,369	-15,925	-9,960	-2,592
Other Operating Activities	10,634	9,442	9,604	6,682	4,437	4,753
Operating Cash Flow	10,028	-23,337	-8,868	-5,640	-3,900	3,407
Capital Expenditures	-551.99	-632.69	-634.9	-449.04	-424.36	-388.99
Sale of Property, Plant and Equipment	16.08	29.52	34.72	54.22	88.31	98.02
Investment in Securities	-11,241	-8,301	-6,945	12,370	-6,247	-23,470
Income (Loss) Equity Investments	-116.1	-102.3	-96.94	-84.05	-74.07	-86.36
Other Investing Activities	2,723	2,890	2,342	1,470	1,275	1,034
Investing Cash Flow	-9,054	-6,015	-5,204	13,445	-5,308	-22,727
Long-Term Debt Issued	-	12,371	10,071	10,977	17,811	10,108
Long-Term Debt Repaid	-	-9,421	-10,782	-16,119	-17,284	-11,481
Net Debt Issued (Repaid)	1,243	2,950	-711.06	-5,142	527	-1,373
Issuance of Common Stock	-	-	-	-	-	1.01
Repurchase of Common Stock	-82.37	-72.33	-48.88	-	-	-
Common Dividends Paid	-4,739	-4,561	-2,376	-273.87	-	-
Net Increase (Decrease) in Deposit Accounts	5,190	26,541	18,119	14,366	13,888	17,466
Other Financing Activities	-1,089	-1,078	-828.84	-608.59	-273.09	-407.15
Financing Cash Flow	522.02	23,779	14,154	8,342	13,922	15,686
Net Cash Flow	1,495	-5,572	82.15	16,147	4,714	-3,634
Free Cash Flow	9,476	-23,969	-9,503	-6,089	-4,324	3,018
Free Cash Flow Margin	55.99%	-149.19%	-64.25%	-53.59%	-54.47%	44.21%
Free Cash Flow Per Share	92.73	-234.56	-92.99	-59.59	-42.31	29.53
Cash Interest Paid	4,538	5,017	5,640	3,175	282.45	897.54
Cash Income Tax Paid	2,113	2,136	665.19	818.32	925.15	1,181

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