Boursa Kuwait Securities Company K.P.S.C. (KWSE:BOURSA)

KWSE:BOURSA Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	28.18	18.18	15.8	18	15.89
Depreciation & Amortization	0.75	0.62	0.55	0.53	0.66
Other Amortization	0.34	0.23	0.24	0.33	0.36
Loss (Gain) From Sale of Assets	-0.01	-0.01	-0	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	0
Provision & Write-off of Bad Debts	0.07	0.02	0	0.13	0.06
Other Operating Activities	7.17	4.65	3.07	4.91	-0.66
Change in Accounts Receivable	-0.76	-0.34	-0.2	0.04	0.16
Change in Accounts Payable	1.38	0.98	-0.86	0.33	0.3
Change in Other Net Operating Assets	-2.4	-	-	-	-
Operating Cash Flow	34.73	24.33	18.6	24.28	16.76
Operating Cash Flow Growth	42.72%	30.83%	-23.39%	44.83%	4.06%
Capital Expenditures	-0.62	-1.2	-0.57	-0.42	-0.58
Sale of Property, Plant & Equipment	0.01	0.01	0	-	-
Sale (Purchase) of Intangibles	-1.1	-0.96	-0.61	-1.25	-0.3
Investment in Securities	-11.84	-12.64	3.22	-5.94	-18.85
Other Investing Activities	2.86	2.68	2.15	1.46	1.06
Investing Cash Flow	-10.69	-12.12	4.19	-6.14	-18.67
Long-Term Debt Repaid	-0.18	-0.21	-0.25	-0.25	-0.18
Net Debt Issued (Repaid)	-0.18	-0.21	-0.25	-0.25	-0.18
Common Dividends Paid	-16.51	-14.85	-16.82	-12.85	-7.81
Other Financing Activities	-6.51	-4.51	-4.51	-2.6	-2.6
Financing Cash Flow	-23.2	-19.57	-21.59	-15.71	-10.59
Net Cash Flow	0.84	-7.35	1.21	2.43	-12.49
Free Cash Flow	34.11	23.13	18.03	23.86	16.18
Free Cash Flow Growth	47.44%	28.29%	-24.42%	47.42%	1.44%
Free Cash Flow Margin	76.03%	70.51%	63.32%	73.25%	57.30%
Free Cash Flow Per Share	0.17	0.12	0.09	0.12	0.08
Cash Income Tax Paid	0.73	0.61	0.75	0.54	0.27
Levered Free Cash Flow	17.67	10.53	7.58	11.73	10.34
Unlevered Free Cash Flow	17.68	10.55	7.6	11.75	10.37
Change in Working Capital	-1.78	0.64	-1.06	0.37	0.46

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