Boubyan Bank K.S.C.P. Cash Flow Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	100.46	100.54	96.8	80.44	57.79	48.49
Depreciation & Amortization	19.63	19.22	16.86	14.34	12.37	9.57
Gain (Loss) on Sale of Assets	-1.29	-1.29	0.96	-	-1.17	-0.48
Gain (Loss) on Sale of Investments	0.07	1.03	-0.46	-1.39	4.16	-2.72
Total Asset Writedown	-0.29	-2.15	2.33	-1.61	5.85	10
Provision for Credit Losses	9.8	11.58	17.48	30.86	33.84	40.21
Change in Other Net Operating Assets	-776.41	-926.85	-591.17	-424.38	-640.67	-649.24
Other Operating Activities	12.14	10.69	12.48	15.1	11.09	-4.99
Operating Cash Flow	-635.75	-787.18	-444.76	-287.15	-517.45	-549.56
Capital Expenditures	-33.21	-38.49	-35.77	-34.92	-32.8	-26.41
Investment in Securities	5.85	-29.65	-210.47	-271.26	-141.06	-35.24
Income (Loss) Equity Investments	0.13	0.05	-0.03	-0.51	-0.71	-0.4
Other Investing Activities	11.21	10.82	8.02	7.31	3.76	3.05
Investing Cash Flow	-17.64	-58.81	-236.58	-336.08	-180.39	-32.64
Long-Term Debt Issued	-	307.53	-	61.49	152.23	181.5
Long-Term Debt Repaid	-	-232.24	-101.9	-131.79	-16.89	-7.22
Net Debt Issued (Repaid)	152.65	75.29	-101.9	-70.3	135.34	174.28
Issuance of Common Stock	-	-	-	-	200	150.39
Repurchase of Common Stock	-	-	-	-	-	-75.39
Common Dividends Paid	-48.08	-48.06	-37.75	-28.51	-21.96	-5.35
Net Increase (Decrease) in Deposit Accounts	479.43	677.35	942.81	560.74	350.66	511.06
Other Financing Activities	-2.49	-2.49	-0.71	-5.4	-1.06	3.43
Financing Cash Flow	581.51	702.08	802.45	456.54	662.97	758.42
Foreign Exchange Rate Adjustments	-1.07	0.64	0.89	0.97	-1.71	2.59
Net Cash Flow	-72.94	-143.26	122.01	-165.72	-36.58	178.81
Free Cash Flow	-668.97	-825.67	-480.53	-322.07	-550.26	-575.97
Free Cash Flow Margin	-262.55%	-329.63%	-209.62%	-174.38%	-353.70%	-422.10%
Free Cash Flow Per Share	-0.14	-0.17	-0.10	-0.07	-0.12	-0.13

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