Statement of cash flows

For the year ended December 31, 2025

Notes

2025

2024

Cash from operating activities for the year ended Dec. 31, 2025

Inflows

Interest received on loans

11,904

9,806

Repayments on loans

(3)

54,971

50,060

Loan conversion difference

46

-

Sales of equity instruments

60,374

15,635

Dividends and fees received

2,096

1,295

Other received amounts

2,975

4,531

Outflows

Disbursements on loans

(3)

-46,576

-78,303

Investments in equity instruments and associates

(5),(6)

-14,851

-26,828

Disbursements on development contributions

-3,434

-5,955

Other financial assets investment

-1,669

-2,912

Remuneration FMO

-10,093

-12,188

Other paid amounts

-5,957

-3,641

Net cash from operating activities

49,786

-48,500

Cash flow financing activities

Contribution DGIS current year

(12)

20,000

2,000

Net cash from financing activities

20,000

2,000

Net change in cash & cash equivalents

69,786

-46,500

Position at January 1 1

63,685

107,558

Ex MCP consolidated

-357

-

Foreign exchange translation

-2,749

2,627

Position at December 31 1

130,365

63,685

1 Cash includes current account with FMO.

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