Banca Mediolanum 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	-	1,120	821.87	506.83	713.06	434.46	Upgrade
Depreciation & Amortization	-	24.15	66.65	67.2	48.9	49.07	Upgrade
Other Amortization	-	31.02	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-2,371	-1,627	2,268	-1,008	-350.29	Upgrade
Total Asset Writedown	-	4.07	-	-0	-	-	Upgrade
Provision for Credit Losses	-	-	-	-	-	21.27	Upgrade
Change in Trading Asset Securities	-	405.47	-98	-644.76	657.39	463.83	Upgrade
Change in Other Net Operating Assets	-	-757.34	-2,924	2,921	-2,945	-566.65	Upgrade
Other Operating Activities	-	2,696	2,006	-2,819	3,443	-27.32	Upgrade
Operating Cash Flow	-	1,152	-1,754	2,298	909.3	24.37	Upgrade
Operating Cash Flow Growth	-	-	-	152.75%	3631.08%	-93.29%	Upgrade
Capital Expenditures	-	-15.56	-13.28	-22.03	-23.25	-10.46	Upgrade
Sale of Property, Plant and Equipment	-	4.83	-	-	-	-	Upgrade
Purchase / Sale of Intangibles	-	-40.92	-38.99	-37.46	-37.56	-32.3	Upgrade
Other Investing Activities	-	36.13	28.34	25.42	22.66	4.6	Upgrade
Investing Cash Flow	-	-15.52	-23.93	-34.06	-38.14	-38.16	Upgrade
Issuance of Common Stock	-	2.17	15.22	6.51	5.74	4.93	Upgrade
Repurchase of Common Stock	-	-57.63	-	-	-	-	Upgrade
Common Dividends Paid	-	-584.9	-400.86	-438.02	-493.35	-	Upgrade
Financing Cash Flow	-	-640.36	-385.65	-431.51	-737.97	4.93	Upgrade
Net Cash Flow	-	496.31	-2,164	1,833	133.19	-8.87	Upgrade
Free Cash Flow	-	1,137	-1,767	2,276	886.05	13.91	Upgrade
Free Cash Flow Growth	-	-	-	156.90%	6271.28%	-96.06%	Upgrade
Free Cash Flow Margin	-	48.22%	-94.51%	165.25%	55.40%	1.15%	Upgrade
Free Cash Flow Per Share	-	1.52	-2.38	3.06	1.20	0.02	Upgrade

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