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

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