Kina Securities Limited (ASX:KSL)

Kina Securities Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	285.63	274.47	253.34	224.6	206.94	199.69
Interest Income on Investments	0.81	0.94	0.66	0.47	0.56	0.14
Total Interest Income	286.44	275.41	254	225.07	207.5	199.82
Interest Paid on Deposits	61.76	52.25	50.02	43.39	29.62	29.96
Net Interest Income	224.67	223.17	203.98	181.68	177.87	169.86
Net Interest Income Growth (YoY)	3.32%	9.41%	12.27%	2.14%	4.72%	47.78%
Gain (Loss) on Sale of Assets	0.18	0.15	0.09	0.25	0.11	3.25
Gain (Loss) on Sale of Investments	6.94	7.91	2.73	3.61	0.82	2.51
Other Non-Interest Income	276.58	253.67	197.36	180.96	155.57	139.18
Total Non-Interest Income	283.69	261.73	200.18	184.82	156.49	144.94
Non-Interest Income Growth (YoY)	25.07%	30.75%	8.31%	18.11%	7.97%	59.92%
Revenues Before Loan Losses	508.36	484.9	404.16	366.5	334.36	314.79
Provision for Loan Losses	19.12	18.15	9.9	4.83	6.52	22.02
Revenue	489.24	466.75	394.26	361.68	327.84	292.78
Revenue Growth (YoY)	13.53%	18.39%	9.01%	10.32%	11.98%	46.45%
Salaries and Employee Benefits	103.46	100.19	84.26	83.5	71.42	72.18
Occupancy Expenses	40.78	37.68	34.28	43.18	41.72	38.42
Selling, General & Administrative	124.12	113.93	83.99	69.66	67.04	56.72
Other Non-Interest Expense	19.43	34.85	16.19	16.92	13.92	15.56
Total Non-Interest Expense	287.8	286.64	218.72	213.26	194.1	182.87
EBT Excluding Unusual Items	201.45	180.11	175.54	148.42	133.75	109.91
Other Unusual Items	-	-	-	-	-27.7	-
Pretax Income	201.45	180.11	175.54	148.42	106.02	109.91
Income Tax Expense	85.7	79.81	70.58	31.93	35.21	33.93
Net Income	115.74	100.3	104.96	116.49	70.81	75.97
Preferred Dividends & Other Adjustments	-	-	-	-	-0	-
Net Income to Common	115.74	100.3	104.96	116.49	70.81	75.97
Net Income Growth	14.78%	-4.45%	-9.89%	64.51%	-6.80%	24.81%
Basic Shares Outstanding	288	287	287	287	287	204
Diluted Shares Outstanding	290	289	289	289	290	205
Shares Change (YoY)	-0.19%	0.01%	0.14%	-0.57%	41.61%	20.38%
EPS (Basic)	0.40	0.35	0.37	0.41	0.25	0.37
EPS (Diluted)	0.40	0.35	0.36	0.40	0.24	0.37
EPS Growth	14.52%	-4.67%	-9.81%	65.44%	-34.19%	3.69%
Dividend Per Share	0.281	0.261	0.256	0.264	0.268	0.269
Dividend Growth	6.04%	1.95%	-3.03%	-1.31%	-0.56%	5.49%
Effective Tax Rate	42.54%	44.31%	40.20%	21.51%	33.21%	30.87%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.