BPER Banca SpA Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	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	2015 - 2019
Net Income	1,403	1,519	1,449	525.12	236.93	Upgrade
Depreciation & Amortization	173.24	267.44	232.39	285.08	171.1	Upgrade
Other Amortization	123.11	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-93.04	-161.48	16.91	-63.92	-32.44	Upgrade
Total Asset Writedown	71.91	47.66	30.16	64.46	17.07	Upgrade
Provision for Credit Losses	421.7	530.56	750.79	1,154	664.71	Upgrade
Change in Trading Asset Securities	1,452	1,584	547.66	-329.81	465.49	Upgrade
Change in Other Net Operating Assets	-6,966	-8,106	10,380	294.46	-2,152	Upgrade
Other Operating Activities	919.28	898.44	-612.85	-664.81	-11.31	Upgrade
Operating Cash Flow	-2,495	-3,420	12,794	1,265	-640.9	Upgrade
Operating Cash Flow Growth	-	-	911.46%	-	-	Upgrade
Capital Expenditures	-135.67	-155.8	-164.06	-148.85	-143.21	Upgrade
Sale of Property, Plant and Equipment	36.68	71.28	41.56	25.05	20.62	Upgrade
Cash Acquisitions	-	-	279.23	-520.34	-	Upgrade
Investment in Securities	106.13	-3.85	-3.28	-1.6	-7.96	Upgrade
Purchase / Sale of Intangibles	-222.43	-225.72	-170.53	-97.39	-92.58	Upgrade
Investing Cash Flow	-215.29	-314.08	-17.07	-743.13	-223.13	Upgrade
Issuance of Common Stock	989.85	2.68	5.77	-	776.19	Upgrade
Repurchase of Common Stock	-28.66	-	-	-3.06	-	Upgrade
Common Dividends Paid	-423.83	-169.71	-84.67	-56.51	-	Upgrade
Other Financing Activities	-24.03	-11.35	-6.61	-4.56	-3.22	Upgrade
Financing Cash Flow	513.33	-178.37	-85.5	-64.13	772.97	Upgrade
Foreign Exchange Rate Adjustments	-0.34	0.15	-0.27	-0.46	0.42	Upgrade
Net Cash Flow	-2,198	-3,912	12,691	457.18	-90.64	Upgrade
Free Cash Flow	-2,631	-3,575	12,630	1,116	-784.11	Upgrade
Free Cash Flow Growth	-	-	1031.66%	-	-	Upgrade
Free Cash Flow Margin	-51.02%	-72.68%	348.13%	44.17%	-40.77%	Upgrade
Free Cash Flow Per Share	-1.82	-2.46	8.72	0.77	-1.10	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.