CFG Bank Cash Flow Statement

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

Millions MAD. 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	370.45	261.82	166.03	43.89	28.55	Upgrade
Depreciation & Amortization	70.56	62.87	55.85	54.85	53.36	Upgrade
Gain (Loss) on Sale of Assets	3.79	21.91	-11.84	-3.66	0.44	Upgrade
Gain (Loss) on Sale of Investments	8.42	-15.55	-27.52	18.39	-0.04	Upgrade
Change in Income Taxes	-122.28	-45.48	-24.51	-27.62	-17.83	Upgrade
Change in Other Net Operating Assets	-926.12	613.1	-512.36	157.98	263.21	Upgrade
Other Operating Activities	240.39	107.51	44.55	67.25	56	Upgrade
Operating Cash Flow	-354.8	1,006	-309.81	311.08	383.69	Upgrade
Operating Cash Flow Growth	-	-	-	-18.92%	-	Upgrade
Capital Expenditures	-398.25	-217.79	-271.96	-317.52	-	Upgrade
Sale of Property, Plant and Equipment	-	-	-	-	31.62	Upgrade
Investment in Securities	-15.33	0.28	-1.8	-	-467.25	Upgrade
Investing Cash Flow	-413.58	-217.51	-273.76	-317.52	-435.63	Upgrade
Other Financing Activities	872.07	-166.22	648.04	-44.02	265.09	Upgrade
Financing Cash Flow	872.07	-166.22	648.04	-44.02	265.09	Upgrade
Net Cash Flow	103.69	622.45	64.47	-50.46	213.15	Upgrade
Free Cash Flow	-753.05	788.4	-581.77	-6.44	383.69	Upgrade
Free Cash Flow Margin	-64.10%	88.13%	-92.64%	-1.38%	96.94%	Upgrade
Free Cash Flow Per Share	-22.14	23.94	-17.77	-0.28	75.39	Upgrade
Cash Income Tax Paid	122.28	45.48	24.51	27.62	17.83	Upgrade

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