Banca Generali Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
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	2019 - 2015
Net Income	-	431.23	326.14	213.03	323.1	274.92	Upgrade
Depreciation & Amortization	-	29.34	42.77	39.51	26.65	26.19	Upgrade
Other Amortization	-	16	-	-	11.68	9.42	Upgrade
Gain (Loss) on Sale of Investments	-	-10.3	-5.43	9.7	-3.7	4.23	Upgrade
Provision for Credit Losses	-	-1.84	0.53	8.33	2.52	0.66	Upgrade
Change in Trading Asset Securities	-	-498.79	135.76	1,411	176.37	66.18	Upgrade
Change in Other Net Operating Assets	-	-99.01	1,346	-3,624	-1,874	-809.67	Upgrade
Other Operating Activities	-	-36.48	-35.23	-24.43	-4.44	26.32	Upgrade
Net Cash from Discontinued Operations	-	-	-	-0.16	-	-	Upgrade
Operating Cash Flow	-	-169.85	1,811	-1,967	-1,342	-401.75	Upgrade
Capital Expenditures	-	-2.93	-1.5	-1.38	-2	-1.19	Upgrade
Cash Acquisitions	-	-1.42	-	-	108.92	-	Upgrade
Investment in Securities	-	-1.97	0.09	-0.8	-0.6	-	Upgrade
Divestitures	-	-	-	0.13	-	-0.29	Upgrade
Purchase / Sale of Intangibles	-	-21.41	-26.06	-18.46	-12.97	-14.08	Upgrade
Investing Cash Flow	-	-27.73	-27.47	-20.5	93.36	-15.57	Upgrade
Issuance of Common Stock	-	50	-	-	-	-	Upgrade
Repurchase of Common Stock	-	-9.94	-12.25	-24.39	-25.98	-12.44	Upgrade
Common Dividends Paid	-	-253.3	-210.48	-209.08	-285.4	-2.25	Upgrade
Net Increase (Decrease) in Deposit Accounts	-	847.95	-1,716	1,375	2,514	476.89	Upgrade
Financing Cash Flow	-	634.71	-1,938	1,141	2,203	462.2	Upgrade
Net Cash Flow	-	437.14	-155.27	-846.1	954.39	44.88	Upgrade
Free Cash Flow	-	-172.78	1,809	-1,968	-1,344	-402.94	Upgrade
Free Cash Flow Margin	-	-17.30%	225.43%	-306.36%	-187.26%	-63.78%	Upgrade
Free Cash Flow Per Share	-	-1.51	15.86	-17.18	-11.68	-3.49	Upgrade

Source: S&P Capital IQ. Banks template. Financial Sources.