Commercial Bank of Kuwait K.P.S.C. (KWSE: CBK)

KWSE: CBK Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	100.53	111.15	73.59	54.64	0.07	0.06
Depreciation & Amortization	2.19	2.73	1.91	1.99	2.26	4.18
Gain (Loss) on Sale of Investments	-0.01	-0.02	-0.13	0.07	0.11	-0.12
Total Asset Writedown	8.52	-	-	-	-	-
Provision for Credit Losses	-9.84	-15.06	-0.47	31.41	75.01	90.77
Change in Other Net Operating Assets	-257.72	-76.02	-309.68	9.92	-365.4	-399.54
Other Operating Activities	22.38	19.36	22.85	-9.09	9.9	15.12
Operating Cash Flow	-133.95	42.14	-211.94	88.94	-278.06	-289.53
Capital Expenditures	-0.36	-0.57	-0.3	-0.42	-0.55	-0.66
Sale of Property, Plant and Equipment	0	0.24	0.67	0.47	0	0.01
Cash Acquisitions	-	-	-	-0.33	-	-
Investment in Securities	-28.97	48.75	-15	87.27	-19.47	43.47
Other Investing Activities	3.56	3.75	3.2	3.65	3.61	4.56
Investing Cash Flow	-25.77	52.17	-11.44	90.64	-16.41	47.38
Long-Term Debt Issued	-	128.65	91.98	75.81	253.71	132.27
Total Debt Issued	66.84	128.65	91.98	75.81	253.71	132.27
Net Debt Issued (Repaid)	66.84	128.65	91.98	75.81	253.71	132.27
Repurchase of Common Stock	-23.21	-49.57	-44.57	-	-10.65	-17.11
Common Dividends Paid	-66.34	-69.37	-39.62	-	-	-35.98
Net Increase (Decrease) in Deposit Accounts	274.31	-139.95	220.67	-249.26	-84.06	161.04
Other Financing Activities	-	-	-	-0.03	-	-
Financing Cash Flow	251.6	-130.24	228.47	-173.49	159	240.22
Net Cash Flow	91.88	-35.93	5.09	6.09	-135.47	-1.93
Free Cash Flow	-134.32	41.57	-212.24	88.52	-278.61	-290.19
Free Cash Flow Margin	-82.38%	24.45%	-186.05%	87.90%	-693.01%	-577.79%
Free Cash Flow Per Share	-0.07	0.02	-0.11	0.05	-0.14	-0.14

Source: S&P Capital IQ. Banks template. Financial Sources.