Kina Securities Cash Flow Statement

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

Millions PGK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	115.74	100.3	104.96	116.49	70.81	75.97
Depreciation & Amortization	34.57	21.29	19.98	26.59	27.18	27.35
Other Amortization	13.24	10.03	9.97	11.61	9.22	7.71
Gain (Loss) on Sale of Assets	-0.15	-0.15	-0.09	-0.25	-0.11	-0.22
Gain (Loss) on Sale of Investments	-7.49	-7.49	-2.63	-2.72	-0.22	-2.4
Provision for Credit Losses	18.15	18.15	9.9	4.83	-	-
Change in Income Taxes	-1.13	-1.13	7.26	-7.47	-	-
Change in Other Net Operating Assets	-349.08	-442.68	-43.42	450.05	120.46	-177.2
Other Operating Activities	27.46	-10.16	-3.46	3.38	18.87	-4.81
Operating Cash Flow	-147.72	-310.87	99.52	589.68	247.02	-72.87
Operating Cash Flow Growth	-	-	-83.12%	138.72%	-	-
Capital Expenditures	-30.16	-27.33	-12.82	-14.01	-28.43	-22.92
Sale of Property, Plant and Equipment	0.18	0.15	0.09	0.31	0.15	0.26
Investment in Securities	489.19	548.64	-39.53	-452.94	-50.49	52.36
Other Investing Activities	-	-	-	-	76.16	-
Investing Cash Flow	459.21	521.46	-52.26	-466.64	-2.62	29.7
Long-Term Debt Repaid	-	-12.45	-11.84	-11.35	-	-
Net Debt Issued (Repaid)	-19.09	-12.45	-11.84	-11.35	-	-
Issuance of Common Stock	4.05	2.56	-	-	-	217.72
Common Dividends Paid	-75.25	-76.09	-74.24	-82.7	-72.03	-44.65
Financing Cash Flow	-95.09	-85.98	-86.08	-94.05	-72.03	173.07
Foreign Exchange Rate Adjustments	4.66	8.36	2.18	-3.85	-4.18	0.55
Net Cash Flow	221.06	132.97	-36.65	25.15	168.19	130.45
Free Cash Flow	-177.88	-338.21	86.7	575.68	218.59	-95.8
Free Cash Flow Growth	-	-	-84.94%	163.36%	-	-
Free Cash Flow Margin	-36.36%	-72.46%	21.99%	159.17%	66.68%	-32.72%
Free Cash Flow Per Share	-0.61	-1.17	0.30	1.99	0.75	-0.47
Cash Interest Paid	53.93	50.63	51.87	29.97	33.94	27.38
Cash Income Tax Paid	83.45	82.44	68.51	54.44	28.92	36.2

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