Gulf Bank K.S.C.P. (KWSE:GBK)

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

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	52.45	52.38	60.17	71.21	61.8	42.11
Depreciation & Amortization	8.9	8.74	8.12	7.17	6.83	6.82
Gain (Loss) on Sale of Investments	-0.02	0.01	-0.06	-0.1	-0.04	0.11
Total Asset Writedown	-	-	-	0.07	0.13	-
Provision for Credit Losses	47.25	48.18	34.91	40.19	37.87	59.44
Change in Other Net Operating Assets	-816.87	-888.54	68.6	-334.59	-435.33	-635.27
Other Operating Activities	-1.61	-1.66	-1.27	-0.23	-0.8	-0.68
Operating Cash Flow	-709.9	-780.9	170.46	-216.29	-329.53	-527.47
Capital Expenditures	-8.71	-8.84	-9.95	-8.17	-11.14	-7.14
Investment in Securities	-38.34	-100.96	-4.67	-62.95	11.25	29.59
Other Investing Activities	1.71	1.67	1	1.01	0.8	0.68
Investing Cash Flow	-45.34	-108.13	-13.62	-70.11	0.91	23.13
Long-Term Debt Issued	-	258.72	-	76.14	278.93	115
Long-Term Debt Repaid	-	-	-50.24	-	-	-
Net Debt Issued (Repaid)	102.61	258.72	-50.24	76.14	278.93	115
Issuance of Common Stock	-	-	-	60.01	13.89	2.86
Repurchase of Common Stock	-	-	-2.38	-	-	-
Common Dividends Paid	-37.93	-37.93	-43.46	-32.01	-21.08	-15.06
Net Increase (Decrease) in Deposit Accounts	420.71	123.5	233.35	346.39	44.28	238.11
Other Financing Activities	-	-	-	-0.26	-	-
Financing Cash Flow	485.39	344.28	137.28	450.27	316.02	340.91
Net Cash Flow	-269.86	-544.75	294.12	163.87	-12.61	-163.43
Free Cash Flow	-718.61	-789.74	160.51	-224.46	-340.67	-534.61
Free Cash Flow Margin	-479.06%	-527.99%	103.00%	-138.75%	-225.26%	-436.58%
Free Cash Flow Per Share	-0.17	-0.19	0.04	-0.06	-0.08	-0.14
Cash Interest Paid	236.29	234.71	250.15	192.07	82.11	55.74
Cash Income Tax Paid	2.9	2.9	3.34	2.87	-	-

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