Burgan Bank K.P.S.C. (KWSE:BURG)

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

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	46.98	46.44	43.55	52.13	45.39	33.66
Depreciation & Amortization	14.21	13.83	15.8	14.05	12.68	12.65
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.69
Gain (Loss) on Sale of Investments	0.22	-0.4	0.88	-0.01	-0.01	0.74
Provision for Credit Losses	41.17	38.07	47.82	25.29	84.64	76.42
Change in Income Taxes	-13.47	-12.67	-9.7	-12.65	-4.74	-5.03
Change in Other Net Operating Assets	172.67	-74.63	-276.74	-104.85	-147.45	0.26
Other Operating Activities	33.29	37.64	47.05	38.56	-20.96	-16.43
Operating Cash Flow	295.06	48.27	-131.35	12.52	-30.45	102.95
Capital Expenditures	-23.51	-19.89	-19.98	-24.72	-2.95	-50.62
Cash Acquisitions	-30.05	-	-	-	-	-
Investment in Securities	-72.94	-101.16	3.39	-87.86	-31.39	-57.23
Divestitures	-	-	-51.86	-	-	-7.98
Other Investing Activities	1.18	1.13	1.48	2.03	1.29	1.87
Investing Cash Flow	-125.32	-119.92	-66.97	-110.55	-33.05	-113.96
Long-Term Debt Issued	-	-	-	160.7	-	223.02
Long-Term Debt Repaid	-	-303.85	-233.43	-	-56.63	-
Net Debt Issued (Repaid)	-273.86	-303.85	-233.43	160.7	-56.63	223.02
Issuance of Common Stock	148.5	148.5	-	-	71.25	-
Common Dividends Paid	-30.62	-30.62	-35.1	-24.45	-21.78	-40.25
Net Increase (Decrease) in Deposit Accounts	339.58	440.68	530.75	-200.61	120.85	69.84
Other Financing Activities	-3.05	-0.33	-0.82	-1.93	-0.57	-1.05
Financing Cash Flow	180.56	254.39	261.4	-66.3	113.12	251.56
Foreign Exchange Rate Adjustments	-	-	-	-	-42.6	-37.49
Net Cash Flow	350.3	182.74	63.08	-164.32	7.01	203.06
Free Cash Flow	271.55	28.38	-151.33	-12.19	-33.4	52.33
Free Cash Flow Margin	141.44%	14.83%	-87.45%	-6.02%	-22.25%	38.39%
Free Cash Flow Per Share	0.07	0.01	-0.04	-0.00	-0.01	0.01
Cash Interest Paid	461.83	447.12	283.32	167.88	133.42	140.69
Cash Income Tax Paid	13.47	12.67	9.7	12.65	4.74	5.03

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