AVANGARD Joint Stock BANK Cash Flow Statement

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

Millions RUB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2020	FY 2019	2018 - 2014
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Net Income	-	-	-	3,118	7,143	Upgrade
Depreciation & Amortization	-	-	-	309.57	366.55	Upgrade
Change in Trading Asset Securities	-	-	-	4,079	-1,722	Upgrade
Change in Other Net Operating Assets	-	-	-	-8,698	-5,063	Upgrade
Other Operating Activities	-	-	-	-2,112	5,109	Upgrade
Operating Cash Flow	-	-	-	-3,304	5,834	Upgrade
Operating Cash Flow Growth	-	-	-	-	209.72%	Upgrade
Capital Expenditures	-	-	-	-1.25	-2,590	Upgrade
Sale of Property, Plant and Equipment	-	-	-	2,487	-	Upgrade
Divestitures	-	-	-	1,000	-	Upgrade
Investing Cash Flow	-	-	-	3,486	-2,590	Upgrade
Long-Term Debt Issued	-	-	-	1,300	3,000	Upgrade
Long-Term Debt Repaid	-	-	-	-4,325	-321.73	Upgrade
Net Debt Issued (Repaid)	-	-	-	-3,025	2,678	Upgrade
Common Dividends Paid	-	-	-	-6,500	-4,500	Upgrade
Net Increase (Decrease) in Deposit Accounts	-	-	-	11,924	-8,796	Upgrade
Financing Cash Flow	-	-	-	2,399	-10,618	Upgrade
Foreign Exchange Rate Adjustments	-	-	-	2,179	-1,092	Upgrade
Net Cash Flow	-	-	-	4,760	-8,466	Upgrade
Free Cash Flow	-	-	-	-3,305	3,244	Upgrade
Free Cash Flow Growth	-	-	-	-	1617.01%	Upgrade
Free Cash Flow Margin	-	-	-	-29.62%	19.93%	Upgrade
Free Cash Flow Per Share	-	-	-	-40.96	40.20	Upgrade
Cash Interest Paid	-	-	-	1,469	1,965	Upgrade
Cash Income Tax Paid	-	-	-	227.08	243.56	Upgrade

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