Banco de Valores S.A. (BCBA:VALO)

Banco de Valores Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	40,690	21,180	18,138	1,610	1,350	2,060
Depreciation & Amortization	785.19	637.72	838.74	204.2	257.15	157.32
Gain (Loss) on Sale of Investments	-	-	-	28.02	-	-
Provision for Credit Losses	9,236	3,323	2,092	72.86	107.56	11.07
Change in Trading Asset Securities	-41,253	-1,308	-119.6	-7.97	-98.2	-13.97
Change in Other Net Operating Assets	-405,131	340,303	-1,505,525	47,026	-170,053	-36,108
Other Operating Activities	34,686	29,464	84,845	8,535	4,700	1,524
Operating Cash Flow	-360,989	393,600	-1,399,731	57,468	-163,736	-32,370
Capital Expenditures	-1,711	-507.99	-187.24	-2.12	-97.54	-70.71
Investment in Securities	-1,191	-734.39	-2,998	-	-	-
Investing Cash Flow	-2,902	-1,242	-3,185	-2.12	-97.54	-70.71
Short-Term Debt Issued	-	-	-	0.02	-	-
Total Debt Issued	61,778	-	-	0.02	-	-
Short-Term Debt Repaid	-	-0.03	-0.1	-	-0.33	-0.11
Total Debt Repaid	-0	-0.03	-0.1	-	-0.33	-0.11
Net Debt Issued (Repaid)	61,778	-0.03	-0.1	0.02	-0.33	-0.11
Common Dividends Paid	-	-16,927	-8,124	-1,050	-	-
Net Increase (Decrease) in Deposit Accounts	192,368	-146,172	1,983,896	-20,345	182,738	61,642
Financing Cash Flow	258,031	-163,099	1,975,772	-21,395	182,738	61,642
Foreign Exchange Rate Adjustments	-6,812	-608.5	5,186	431.62	515.49	187.73
Net Cash Flow	-148,981	-157,612	154,824	-1,453	-20,535	11,448
Free Cash Flow	-362,700	393,092	-1,399,918	57,466	-163,834	-32,440
Free Cash Flow Margin	-236.10%	202.46%	-499.57%	228.84%	-830.34%	-362.17%
Free Cash Flow Per Share	-378.96	469.37	-1672.97	68.74	-201.31	-39.86
Cash Income Tax Paid	22,729	22,729	9,402	676.4	1,510	1,668

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