BCI Cash Flow Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Net Income	164.77	171.22	228.62	194.11	155.5	605.01	Upgrade
Depreciation & Amortization	249.29	251.84	234.98	245.12	210.74	214.64	Upgrade
Gain (Loss) on Sale of Investments	-251.18	-252.38	246.09	325.37	594.26	343.57	Upgrade
Provision for Credit Losses	953.92	814.75	140.01	132.82	176.84	75.75	Upgrade
Change in Income Taxes	-735.76	-615.33	13.63	-484.25	-386.96	-340.48	Upgrade
Change in Other Net Operating Assets	-6,530	-1,968	2,603	-1,314	-2,109	-2,574	Upgrade
Other Operating Activities	538.03	513.43	482.46	421.55	450.59	441.61	Upgrade
Operating Cash Flow	-5,618	-1,081	3,955	-479.11	-904.85	-1,231	Upgrade
Capital Expenditures	-297.94	-238.92	-152.77	-72.29	-132.14	-377.61	Upgrade
Investment in Securities	16.71	-2.29	-11.14	1.32	-3.16	8.24	Upgrade
Income (Loss) Equity Investments	-6.43	4.05	6.53	0.24	2.69	3.08	Upgrade
Investing Cash Flow	-279.48	-239.46	-162.16	-69.64	-133.75	-367.43	Upgrade
Common Dividends Paid	-239.03	-239.03	-132.79	-571.01	-	-398.38	Upgrade
Other Financing Activities	9	792.48	-751.92	-0.32	-2.37	501.68	Upgrade
Financing Cash Flow	-230.03	553.45	-884.71	-571.32	-2.37	103.3	Upgrade
Net Cash Flow	-6,127	-766.87	2,908	-1,120	-1,041	-1,495	Upgrade
Free Cash Flow	-5,916	-1,320	3,802	-551.4	-1,037	-1,609	Upgrade
Free Cash Flow Margin	-207.99%	-47.06%	152.54%	-22.23%	-48.23%	-61.42%	Upgrade
Free Cash Flow Per Share	-450.66	-99.39	286.33	-41.52	-78.09	-121.13	Upgrade
Cash Income Tax Paid	735.76	615.33	-13.63	484.25	386.96	340.48	Upgrade

Source: S&P Capital IQ. Banks template. Financial Sources.