CONSOLIDATED FINANCIAL STATEMENTS 2021

5. STATEMENTOF CASH FLOWS

31.12.2021

31.12.2020

(in thousands of euros)

Pre-tax income

242 567

243 924

67 112

64 598

Net depreciation and impairment of property, plant & equipment and intangible assets

-63

Impairment of goodwill and other fixed assets

33 748

15 359

Net addition to provisions

-7 552

-6 988

Share of net income (loss) of equity-accounted entities

Net income (loss) from investment activities Net income (loss) from financing activities

4 441

5 926

23 718

70 700

Other movements

Total Non-cash and other adjustment items included in pre-tax income

121 403

149 596 -259 078

-5 240 149

Change in interbank items

5 140 639 24 287 089

Change in customer items

-2 942 458

-8 140 062

Change in financial assets and liabilities

2 588 141

-1 192 931

Change in non-financial assets and liabilities

Dividends received from equity-accounted entities Taxes paid

-75 366

-61 787

Net change in assets and liabilities used in operating activities Cash provided (used) by discontinued operations Total Net cash flows from (used by) operating activities (A) Change in property, plant & equipment and intangible assets Cash provided (used) by discontinued operations Total Net cash flows from (used by) investing activities (B) Cash received from (paid to) shareholders (2) Other cash provided (used) by financing activities (3) Cash provided (used) by discontinued operations Total Net cash flows from (used by) financing activities (C) Impact of exchange rate changes on cash and cash equivalent (D) Net increase/(decrease) in cash and cash equivalent (A + B + C + D) Change in equity investments (1)

-529 193

14 633 231

-165 224 15 026 751

879

-4 964 -64 041

-52 179

-51 300

-69 005 78 264 -34 319

-200 338

-35 672

-236 010

43 945

630

-32

-451 903

15 001 659

Cash and cash equivalents at beginning of period Net cash accounts and accounts with central banks *

46 668 003 31 666 344

47 806 019

9 151 647

Net demand loans and deposits with credit institutions **

-1 138 016

22 514 697

Cash and cash equivalents at end of period

46 216 100 46 668 003

Net cash accounts and accounts with central banks *

46 953 943

47 806 019

Net demand loans and deposits with credit institutions **

-737 843

-1 138 016

NET CHANGE IN CASH AND CASH EQUIVALENTS

-451 903

15 001 659

11