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

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	45.59	46.44	43.55	52.13	45.39	33.66
Depreciation & Amortization	15.96	13.83	15.8	14.05	12.68	12.65
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.69
Gain (Loss) on Sale of Investments	0.65	-0.4	0.88	-0.01	-0.01	0.74
Provision for Credit Losses	60.55	38.07	47.82	25.29	84.64	76.42
Change in Income Taxes	-11.92	-12.67	-9.7	-12.65	-4.74	-5.03
Change in Other Net Operating Assets	-284.2	-74.63	-276.74	-104.85	-147.45	0.26
Other Operating Activities	24.21	37.64	47.05	38.56	-20.96	-16.43
Operating Cash Flow	-149.15	48.27	-131.35	12.52	-30.45	102.95
Capital Expenditures	-23.68	-19.89	-19.98	-24.72	-2.95	-50.62
Cash Acquisitions	-41.03	-	-	-	-	-
Investment in Securities	-16.05	-101.16	3.39	-87.86	-31.39	-57.23
Divestitures	-	-	-51.86	-	-	-7.98
Other Investing Activities	1.87	1.13	1.48	2.03	1.29	1.87
Investing Cash Flow	-78.89	-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)	28.9	-303.85	-233.43	160.7	-56.63	223.02
Issuance of Common Stock	-	148.5	-	-	71.25	-
Repurchase of Common Stock	-5.24	-	-	-	-	-
Common Dividends Paid	-32.64	-30.62	-35.1	-24.45	-21.78	-40.25
Net Increase (Decrease) in Deposit Accounts	138.92	440.68	530.75	-200.61	120.85	69.84
Other Financing Activities	-1.21	-0.33	-0.82	-1.93	-0.57	-1.05
Financing Cash Flow	128.73	254.39	261.4	-66.3	113.12	251.56
Foreign Exchange Rate Adjustments	-	-	-	-	-42.6	-37.49
Net Cash Flow	-99.31	182.74	63.08	-164.32	7.01	203.06
Free Cash Flow	-172.84	28.38	-151.33	-12.19	-33.4	52.33
Free Cash Flow Margin	-88.76%	14.83%	-87.45%	-6.02%	-22.25%	38.39%
Free Cash Flow Per Share	-0.05	0.01	-0.04	-0.00	-0.01	0.01
Cash Interest Paid	468.79	447.12	283.32	167.88	133.42	140.69
Cash Income Tax Paid	11.92	12.67	9.7	12.65	4.74	5.03

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