BVC:CREDIFAMI Cash Flow Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
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	2020 - 2016
Net Income	16,163	10,431	17,052	27,721	16,417	Upgrade
Depreciation & Amortization	414.48	370.24	182.96	497.25	507.56	Upgrade
Other Amortization	645.69	323.62	116.63	93.81	86.12	Upgrade
Loss (Gain) From Sale of Investments	-2,739	-2,436	-1,517	-45.89	-78.42	Upgrade
Provision for Credit Losses	2,633	4,224	5,345	5,636	2,049	Upgrade
Change in Accounts Payable	243.31	-381.72	532.49	-9,940	-2,879	Upgrade
Change in Income Taxes	-2,128	-1,744	-1,671	-1,195	-	Upgrade
Change in Other Net Operating Assets	50,883	67,016	-15,506	59,431	-58,094	Upgrade
Other Operating Activities	-38,931	-33,338	-55,365	-62,491	2,842	Upgrade
Operating Cash Flow	27,184	44,466	-51,359	86,692	10,288	Upgrade
Operating Cash Flow Growth	-38.87%	-	-	742.62%	-	Upgrade
Capital Expenditures	-163.52	-200.79	-85.21	-84.57	-902.04	Upgrade
Investment in Securities	-	-	-	-11,066	8,950	Upgrade
Investing Cash Flow	-163.52	-200.79	-85.21	-11,151	8,048	Upgrade
Long-Term Debt Issued	-	-	79,386	11,688	22,418	Upgrade
Long-Term Debt Repaid	-21,305	-18,672	-690.21	-35,132	-6,785	Upgrade
Net Debt Issued (Repaid)	-21,305	-18,672	78,696	-23,444	15,633	Upgrade
Common Dividends Paid	-4,694	-8,949	-11,921	-7,388	-4,504	Upgrade
Other Financing Activities	-4,239	-33,786	-15,059	-19,475	-17,092	Upgrade
Financing Cash Flow	-30,238	-61,407	51,717	-50,307	-5,963	Upgrade
Net Cash Flow	-3,217	-17,142	272.61	25,234	12,373	Upgrade
Free Cash Flow	27,020	44,265	-51,444	86,608	9,386	Upgrade
Free Cash Flow Growth	-38.96%	-	-	822.69%	-	Upgrade
Free Cash Flow Margin	41.35%	74.66%	-65.62%	94.19%	17.85%	Upgrade
Free Cash Flow Per Share	749.29	1227.50	-1426.58	2401.68	260.29	Upgrade
Cash Interest Paid	4,239	33,786	15,029	30,327	21,051	Upgrade

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