CREDICORP LTD

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net Income $4.6b $4.9b $5.5b $6.9b
Net Income From Continuing Operations $4.8b $5.0b $5.6b $7.1b
Net income for the period after the net change in assets and liabilities, and adjustments $6.2b $16.2b $11.3b
Depreciation $643.6m $667.1m $722.6m $901.9m
Depreciation Amortization Depletion $643.6m $667.1m $722.6m $901.9m
Depreciation and amortization $407.1m $420.0m $429.1m $455.0m $497.9m $522.0m $532.2m $511.2m $570.8m $746.2m
Depreciation of investment properties $4.4m $6.4m $7.4m $6.7m $7.0m $6.9m $7.1m $8.1m $9.1m $8.8m
Depreciation of right-of-use assets $0 $160.4m $172.0m $161.3m $151.3m $147.8m $142.6m $146.9m
Deferred Income Tax $113.1m ($76.1m) ($54.9m) ($125.7m)
Deferred Tax $113.1m ($76.1m) ($54.9m) ($125.7m)
Deferred income tax $28.2m ($3.6m) $91.1m ($52.5m) ($1.1b) $547.4m $113.1m ($76.1m) ($54.9m) ($125.7m)
Adjustments For Share-Based Payments $73.9m $62.0m $65.5m $120.1m $103.6m $74.0m $88.7m $83.3m $104.8m
Asset Impairment Charge $0 $72.0m $27.3m $0
Expense for share-based payment transactions $73.9m $62.0m $65.5m $120.1m $103.6m $74.0m $88.7m $83.3m $104.8m $149.0m
Impairment loss on goodwill $94k $0 $38.2m $0 $64.0m $0 $0 $72.0m $27.3m $0
Proceeds From Sales Of Investments Other Than Investments Accounted For Using Equity Method $0
Additional Financial Items
Acquisition of Pacifico EPS shares, net cash acquired $-0.00 $-0.00 ($375,952,000.00) $-0.00 $-0.00 $-0.00 ($5,564,000.00) $-0.00 ($727,180,000.00)
Beginning Cash Position $39.3b $34.1b $33.9b $47.6b
Bonds and notes issued $274.8m $788.1m ($1.3b) $670.9m ($96.2m) ($90.2m) ($298.6m) ($2.2b) $348.5m ($4.1b)
Cash Flow From Continuing Financing Activities ($1.6b) ($2.3b) ($1.8b) ($1.8b)
Cash Flow From Continuing Investing Activities ($1.1b) ($1.3b) $527.6m ($1.6b)
Cash Flow From Continuing Operating Activities ($1.4b) $9.3b ($122.0m) $6.9b $12.7b $4.0b ($1.2b) $4.1b $14.5b $8.6b
Cash collateral, reverse repurchase agreements and securities borrowings ($28.9m) ($79.0m) $3.6b ($265.2m) $2.1b $783.0m $622.6m ($330.4m) $383.4m ($1.3b)
Change In Other Current Assets $1.0b $189.9m ($728.3m) ($3.3b)
Change In Other Current Liabilities $3.1b $2.6b $2.4b $5.2b
Change In Other Working Capital $2.9b $105.7m $9.5b $18.9b
Change In Receivables $0 $0 ($1.6b)
Change In Working Capital ($7.7b) ($3.2b) $6.0b $985.6m
Changes In Cash ($3.8b) $560.3m $13.2b $5.2b
Deposits and obligations ($2.0b) $12.8b $5.6b $7.5b $25.9b $2.5b ($46.2m) $2.3b $13.3b $17.2b
Due to Banks and correspondents ($188.7m) $661.7m $267.4m $426.4m ($3.1b) $1.1b $1.8b $3.5b ($1.6b) $379.6m
End Cash Position $34.1b $33.9b $47.6b $49.0b
Financing Cash Flow ($1.6b) ($2.3b) ($1.8b) ($1.8b)
Free Cash Flow ($2.0b) $2.9b $13.4b $7.3b
Gain Loss On Investment Securities ($5.5m) ($425.1m) ($362.3m) ($400.7m)
Gain Loss On Sale Of Business $0 $0 ($235.5m)
Gain Loss On Sale Of PPE ($15.0m) ($1.7m) ($68.0m) ($37.6m)
Gain on remeasurement of previously held equity interest in Pacifico Entidad Prestadora de Salud $0 $0 ($235.5m)
Goodwill $636.1m $636.0m $591.3m $886.0m $113.4m $113.4m $772.2m $132.5m $722.4m
Intangible losses due to withdrawals and dismissed projects $0 $22.5m $40.3m $17.6m $19.4m $97.0m $131.1m $79.3m
Interest Received Classified As Operating Activities $10.6b $10.9b $11.5b $12.3b $11.2b $11.6b $14.7b $18.7b $19.9b ($1.6b)
Interest payments of leasing contracts $0 $0 ($37.4m) ($32.3m) ($27.4m) ($25.1m) ($25.6m) ($22.8m) ($37.2m)
Interest received $10.6b $10.9b $11.5b $12.3b $11.2b $11.6b $14.7b $18.7b $19.9b $20.0b
Investing Cash Flow ($1.1b) ($1.3b) $527.6m ($1.6b)
Investments at fair value through other comprehensive income $0 $0 ($837.7m) $771.7m ($15.9b) $7.5b ($465.5m) ($5.2b) ($2.6b) $1.5b
Investments at fair value through profit or loss ($1.7b) ($16.4m) $530.9m ($206.5m) ($2.2b) $745.2m $1.6b ($456.6m) $412.4m ($204.9m)
Issuance Of Capital Stock $3.8m $9.9m $0 $0
Loans ($6.6b) ($8.4b) ($10.2b) ($6.8b) ($20.6b) ($9.6b) ($5.4b) ($1.1b) ($4.5b) ($13.4b)
Net Business Purchase And Sale $0 ($5.6m) $0 ($727.2m)
Net Intangibles Purchase And Sale ($703.7m) ($828.8m) ($801.3m) ($984.0m)
Net PPE Purchase And Sale ($187.3m) ($269.2m) ($211.9m) ($124.4m)
Net gain from sale of foreclosed assets ($1.4m) ($2.5m) $3.4m $9.6m ($728k) ($2.9m) ($11.4m) $1.9m ($27.2m) ($30.1m)
Net gain from sale of loan portfolio ($83.5m) ($21.3m) ($1.8m)
Net gain of trading derivatives ($44.5m) ($103.6m) ($13.3m) ($6.0m) ($40.8m) ($185.3m) ($65.2m) ($53.7m) ($156.2m) ($51.9m)
Net gain on sale of securities ($336.8m) ($741.8m) ($242.8m) ($546.8m) ($523.1m) ($28.6m) ($5.5m) ($425.1m) ($362.3m) ($400.7m)
Net result after income tax $3.6b $4.2b $4.1b $4.4b $334.1m $3.7b $4.7b $5.0b $5.6b $7.1b
Operating Cash Flow ($1.4b) $9.3b ($122.0m) $6.9b $12.7b $4.0b ($1.2b) $4.1b $14.5b $8.6b
Operating Gains Losses ($115.7m) ($562.1m) ($635.0m) ($757.6m)
Other Non Cash Items $16.0m $327.1m $528.9m $157.5m
Other assets $1.5b $425.2m ($1.1b) ($1.1b) ($335.2m) ($351.6m) $300.7m $520.3m ($1.1b) ($2.0b)
Other liabilities $1.1b $1.7b $1.5b $1.6b $1.3b $1.3b $2.4b $2.6b $2.4b $5.2b
Others $60.6m ($17.4m) ($16.0m) ($19.7m) $33.8m ($5.5m) $45.4m $3.0m $145.5m $65.0m
Payables from repurchase agreements and securities lending $518.8m $1.6b ($4.1b) ($1.7b) $20.2b ($5.9b) ($9.0b) ($2.8b) ($1.1b) ($704.3m)
Payments To Acquire Or Redeem Entitys Shares $66.5m $71.0m
Principal payments of leasing contracts $0 $0 ($147.8m) ($163.4m) ($155.1m) ($156.5m) ($157.4m) ($152.7m) ($152.9m)
Proceeds From Borrowings Classified As Financing Activities ($401.3m) ($40.0m) $0
Provision for credit losses on loan portfolio $2.1b $2.1b $1.8b $2.1b $6.1b $1.6b $2.2b $4.0b $3.9b $2.9b
Provision for sundry risks $28.1m $29.0m $42.2m $27.3m $140.9m $70.8m $43.8m $95.9m $315.2m $149.7m
Purchase Of Business $0 ($5.6m) $0 ($727.2m)
Purchase Of Intangible Assets Classified As Investing Activities $277.3m $271.7m $419.8m $372.0m $535.2m $532.2m $703.7m $828.8m $801.3m $984.0m
Purchase Of Intangibles ($703.7m) ($828.8m) ($801.3m) ($984.0m)
Purchase Of PPE ($192.7m) ($322.4m) ($310.1m) ($284.7m)
Purchase of intangible assets ($277.3m) ($271.7m) ($419.8m) ($372.0m) ($535.2m) ($532.2m) ($703.7m) ($828.8m) ($801.3m) ($984.0m)
Purchase of non-controlling interest of subsidiaries ($489.9m) $0 ($174.5m) $0 $0 ($7.8m) ($5.9m) ($1.8m) ($36.8m) ($17.9m)
Purchase of property, furniture and equipment ($88.2m) ($9.2m) ($49.5m) ($33.3m) ($26.5m) ($12.1m) ($87.1m) ($37.7m) ($70.4m) ($183.6m)
Purchase of treasury stock ($66.5m) ($71.0m) ($95.4m) ($103.2m) ($151.9m) ($58.9m) ($83.6m) ($85.6m) ($110.9m) ($119.3m)
Repurchase Of Capital Stock ($83.6m) ($85.6m) ($110.9m) ($119.3m)
Sale Of PPE $5.4m $53.2m $98.2m $160.3m
Sale of written off portfolio $60.7m $193.8m $36.9m $24.5m $24.5m $239.6m $55.2m $7.3m
Short-term and low-value lease payments $0 $0 ($63.0m) ($74.0m) ($86.4m) ($106.4m) ($108.4m) ($118.2m) ($143.9m)
Stock Based Compensation $81.7m $83.3m $104.8m $149.0m
Subordinated bonds, net ($40.0m) $0 ($977.0m) $684.2m $183.2m ($94.7m) $62.0m $2.3b $1.8b
Termination of the Joint Venture Agreement $0 $0 ($180.0m)
Profit or Loss $3.6b $4.2b $4.1b $4.4b $334.1m $3.7b $4.7b $5.0b $5.6b
Capital Expenditure ($896.4m) ($1.2b) ($1.1b) ($1.3b)
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities $47.0m $44.1m $95.1m $35.4m $23.0m $11.5m $5.4m $53.2m $98.2m $160.3m
Net Investment Properties Purchase And Sale ($87.5m) ($37.7m) ($23.3m) ($182.3m)
Net Investment Purchase And Sale ($116.5m) ($113.8m) $1.6b $424.7m
Purchase Of Investment ($1.1b) ($1.4b) ($176.6m) ($435.2m)
Purchase Of Investment Properties ($87.5m) ($37.7m) ($70.4m) ($183.6m)
Purchase of investment at amortized cost $0 ($3.6b) ($1.7b) ($2.8b) ($3.7b) ($1.1b) ($1.4b) ($176.6m) ($255.2m)
Collections for maturities and coupons of investment at amortized cost $0 $0 $296.0m $3.3b $1.6b $590.6m $1.0b $1.2b $1.7b $859.9m
Proceeds from sale of investment property $0 ($359k) $0 $47.1m $1.3m
Sale Of Investment $1.0b $1.2b $1.7b $859.9m
Sale Of Investment Properties $0 $0 $47.1m $1.3m
Net Issuance Payments Of Debt ($251.2m) ($95.3m) $2.1b $1.6b
Net Long Term Debt Issuance ($251.2m) ($95.3m) $2.1b $1.6b
Long Term Debt Payments ($156.5m) ($157.4m) ($152.7m) ($152.9m)
Repayment Of Debt ($156.5m) ($157.4m) ($152.7m) ($152.9m)
Common Stock Issuance $3.8m $9.9m $0 $0
Net Common Stock Issuance ($73.7m) ($85.6m) ($110.9m) ($119.3m)
Common Stock Payments ($83.6m) ($85.6m) ($110.9m) ($119.3m)
Cash Dividends Paid ($1.2b) ($2.0b) ($3.7b) ($3.2b)
Common Stock Dividend Paid ($1.2b) ($2.0b) ($3.7b) ($3.2b)
Dividends Paid Classified As Financing Activities $184.7m $298.1m $343.5m $481.2m $702.1m $96.5m $318.5m $540.4m $740.0m
Dividends Paid Ordinary Shares Per Share $2.30 $3.70 $4.30 $20.00 $30.00 $5.00 $15.00 $25.00 $35.00
Dividends paid ($653) ($980) ($1k) ($2k) ($2k) ($399) ($1k) ($2k) ($4k) ($3k)
Net Other Financing Charges ($54.5m) ($63.8m) ($143.6m) ($138.8m)
Effect Of Exchange Rate Changes ($1.3b) ($760.7m) $410.3m ($3.8b)
Effect of changes in exchange rate of cash and cash equivalents ($454.1m) ($784.7m) $705.0m ($294.9m) $2.0b $2.8b ($1.3b) ($760.7m) $410.3m ($3.8b)
Net increase of cash and cash equivalents before effect of changes in exchange rate ($5.0b) $7.4b ($1.8b) $4.1b $8.7b ($220.0m) ($3.8b) $560.3m $13.2b $5.2b
Cash and cash equivalents at the beginning of the period $16.6b $23.2b $22.2b $26.0b $36.7b $39.3b $34.1b $33.9b $47.6b $49.0b
Change In Cash Supplemental As Reported ($3.8b) $560.3m $13.2b $5.2b
Interest Paid Classified As Operating Activities ($2.8b) ($2.9b) $3.0b $3.2b $3.0b $2.2b $2.8b $5.1b $5.9b ($1.6b)
Income taxes paid (refund), classified as operating activities ($1.1b) ($1.0b) ($1.1b) ($1.2b) ($1.2b) ($1.1b) ($1.1b) ($2.1b) ($1.7b) ($2.7b)
Taxes Refund Paid ($1.1b) ($2.1b) ($1.7b) ($2.7b)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.