Avanza Bank Holding AB Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Mar '26 Mar 31, 2026	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	2,678	2,631	2,254	1,982	1,666	2,047	Upgrade
Depreciation & Amortization, Total	97	96	92	88	81	70	Upgrade
Change in Other Net Operating Assets	36,755	28,730	-94	6,399	1,877	4,671	Upgrade
Other Operating Activities	-628	40	1,741	175	4,025	-2,260	Upgrade
Operating Cash Flow	38,906	31,501	3,993	8,644	7,649	4,528	Upgrade
Capital Expenditures	-81	-74	-42	-24	-27	-22	Upgrade
Cash Acquisitions	-14	-14	-	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-	-17	-34	Upgrade
Investment in Securities	-34,093	-23,781	-1,155	-3,260	-4,331	-2,563	Upgrade
Other Investing Activities	2	1	-	-	1	-	Upgrade
Investing Cash Flow	-34,186	-23,868	-1,197	-3,284	-4,374	-2,619	Upgrade
Long-Term Debt Repaid	-	-35	-43	-43	-40	-37	Upgrade
Net Debt Issued (Repaid)	-36	-35	-43	-43	-40	-37	Upgrade
Issuance of Common Stock	1,314	814	-	115	96	63	Upgrade
Common Dividends Paid	-1,881	-1,870	-1,808	-1,175	-1,431	-591	Upgrade
Other Financing Activities	9	10	16	12	12	11	Upgrade
Financing Cash Flow	-594	-1,081	-1,835	-1,091	-1,363	-554	Upgrade
Net Cash Flow	4,126	6,552	961	4,269	1,912	1,355	Upgrade
Free Cash Flow	38,825	31,427	3,951	8,620	7,622	4,506	Upgrade
Free Cash Flow Growth	227.94%	695.42%	-54.16%	13.09%	69.15%	-34.61%	Upgrade
Free Cash Flow Margin	763.97%	633.74%	92.05%	229.74%	230.62%	120.42%	Upgrade
Free Cash Flow Per Share	245.93	199.16	25.10	54.96	48.79	28.62	Upgrade
Cash Interest Paid	787	787	1,178	966	147	106	Upgrade
Cash Income Tax Paid	1,103	419	-1,380	137	-3,751	2,653	Upgrade

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