Kina Securities Cash Flow Statement

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

Millions PGK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	120.73	100.3	104.96	116.49	70.81
Depreciation & Amortization	32.5	21.29	19.98	26.59	27.18
Other Amortization	-	10.03	9.97	11.61	9.22
Gain (Loss) on Sale of Assets	-	-0.15	-0.09	-0.25	-0.11
Gain (Loss) on Sale of Investments	-	-7.49	-2.63	-2.72	-0.22
Provision for Credit Losses	-	18.15	9.9	4.83	-
Change in Income Taxes	-	-1.13	7.26	-7.47	-
Change in Other Net Operating Assets	-300.3	-442.68	-43.42	450.05	120.46
Other Operating Activities	22.61	-10.16	-3.46	3.38	18.87
Operating Cash Flow	-124.46	-310.87	99.52	589.68	247.02
Operating Cash Flow Growth	-	-	-83.12%	138.72%	-
Capital Expenditures	-9.2	-27.33	-12.82	-14.01	-28.43
Sale of Property, Plant and Equipment	0.02	0.15	0.09	0.31	0.15
Investment in Securities	-149.67	548.64	-39.53	-452.94	-50.49
Other Investing Activities	-0	-	-	-	76.16
Investing Cash Flow	-158.85	521.46	-52.26	-466.64	-2.62
Long-Term Debt Repaid	-18.21	-12.45	-11.84	-11.35	-
Net Debt Issued (Repaid)	-18.21	-12.45	-11.84	-11.35	-
Issuance of Common Stock	17.47	2.56	-	-	-
Common Dividends Paid	-81.15	-76.09	-74.24	-82.7	-72.03
Net Increase (Decrease) in Deposit Accounts	211.53	-	-	-	-
Other Financing Activities	-18.22	-	-	-	-
Financing Cash Flow	111.43	-85.98	-86.08	-94.05	-72.03
Foreign Exchange Rate Adjustments	6.9	8.36	2.18	-3.85	-4.18
Net Cash Flow	-163.52	132.97	-36.65	25.15	168.19
Free Cash Flow	-133.67	-338.21	86.7	575.68	218.59
Free Cash Flow Growth	-	-	-84.94%	163.36%	-
Free Cash Flow Margin	-26.39%	-72.46%	21.99%	159.17%	66.68%
Free Cash Flow Per Share	-0.46	-1.17	0.30	1.99	0.75
Cash Interest Paid	65.79	50.63	51.87	29.97	33.94
Cash Income Tax Paid	81.59	82.44	68.51	54.44	28.92

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