NatWest Group Cash Flow Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	7,708	6,276	6,066	4,870	4,311
Depreciation & Amortization	1,154	1,058	934	833	923
Provision for Credit Losses	671	359	572	266	-1,335
Other Adjustments	-1,273	11,678	8,118	2,510	11,281
Changes in Other Operating Activities	1,124	-23,403	-78,070	-146,564	138,962
Operating Cash Flow	7,072	1,772	-17,438	-43,597	53,684
Operating Cash Flow Growth	299.10%	-	-	-	84.51%
Net Change in Securities and Investments	-12,792	-10,514	-18,612	14,124	7,290
Capital Expenditures	-665	-464	-811	-639	-901
Sale of Property, Plant & Equipment	60	198	128	154	165
Other Investing Activities	-368	-1,919	4,601	5,420	-3,489
Investing Cash Flow	-13,765	-12,699	-14,694	19,059	3,065
Long-Term Debt Issued	5,692	6,437	4,584	4,369	5,017
Long-Term Debt Repaid	-4,177	-3,853	-5,486	-8,685	-4,765
Net Long-Term Debt Issued (Repaid)	1,515	2,584	-902	-4,316	252
Repurchase of Common Stock	-579	-2,716	-2,416	-2,054	-1,806
Net Common Stock Issued (Repurchased)	-579	-2,716	-2,416	-2,054	-1,806
Issuance of Preferred Stock	1,248	1,390	-	-	937
Repurchase of Preferred Stock	-1,979	-	-	-	-
Net Preferred Stock Issued (Repurchased)	-731	1,390	-	-	937
Common Dividends Paid	-2,376	-1,800	-1,703	-3,205	-1,016
Other Financing Activities	-1,152	-1,170	-1,059	-1,077	-968
Financing Cash Flow	-3,494	-1,886	-6,304	-10,652	-2,601
Effect of Exchange Rate Changes on Cash and Cash Equivalents	775	-1,166	-1,189	2,933	-2,641
Net Cash Flow	-9,412	-13,979	-39,625	-32,257	51,507
Free Cash Flow	6,407	1,308	-18,249	-44,236	52,783
Free Cash Flow Growth	389.83%	-	-	-	83.79%
FCF Margin	40.12%	9.12%	-128.75%	-345.08%	506.12%
Free Cash Flow Per Share	1.58	0.31	-3.96	-8.91	9.74

SEC Filings: 10-K · 10-Q