Financial results

On 30 June 2025 KBC Ancora’s capital and reserves amounted to EUR 3,529 million. The company’s capital amounted to EUR 3,158 million and was represented by 77,011,844 shares. 

KBC Ancora’s operating expenses break down into costs relating exclusively to KBC Ancora, such as costs incurred in connection with financial services, costs in relation to stock market listing, costs in connection with management activities and costs of creditors, and operating costs incurred through the cost-sharing agreement. The latter was created by KBC Ancora and Cera to enhance the cost-effectiveness of both parties’ operations.

The following tables summarise the trend in the income and expenses of KBC Ancora in recent financial years.

 

Result of KBC Ancora (x EUR million)	Financial year 2024/2025	Financial year 2023/2024	Financial year 2022/2023
Income	322.9	378.3	311.0
Operating income	0.0	0.0	0.0
Recurring financial income (dividends from financial fixed assets)	322.9	378.3	310.9
Expenses	7.5	10.0	12.1
Operating costs	3.2	3.2	3.0
Financial expenses	4.3	6.8	9.0
RESULT	315.4	368.3	298.9

The table below represents the cash flows for the last financial years. 

 

Cash flow table (x EUR million)	Financial year 2024/2025	Financial year 2023/2024	Financial year 2022/2023
Net cash flow	0.2	-0.2	-75.7
Indirect method
Cash position at start of year	0.0	0.2	75.9
Operating activities	319.3	379.1	303.9
Net result (excl. dividend income)	-6.3	-7.7	-11.2
Movement in net working capital	-0.2	4.1	-49.5
Non-cash result	0.0	0.0	0.0
Reallocation of cash flows	4.1	6.8	54.6
Dividends received	321.7	376.01	310.1
Investing activities	-29.1	0.0	0.0
Financial fixed assets	0.0	0.0	0.0
Other (mainly term deposits)	-29.1	0.0	0.0
Financing activities	-290.0	-379.3	-379.6
Financial liabilities	-15.6	-57.4	-70.0
Interest paid	-4.1	-7.0	-9.1
Distribution of interim dividend	-270.3	-315.0	-254.9
Repurchase of shares	0.0	0.0	-45.7
Cash position at end year	0.2	0.0	0.2