Kuwait International Bank K.S.C.P. (KWSE: KIB)

KIB 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	28.49	19.09	13.6	10.89	0	17.15
Depreciation & Amortization	7.29	6.74	5.06	4.42	4.24	3.69
Gain (Loss) on Sale of Assets	-	-2.48	-2.64	-	-0.06	-
Gain (Loss) on Sale of Investments	-0.1	0.24	0.16	-1.27	-0.14	-0.68
Total Asset Writedown	-	-	-	-	0.12	-
Provision for Credit Losses	15.52	16.13	16.98	9.22	27.4	7.89
Change in Other Net Operating Assets	-257.6	273.46	-211.54	-447.94	-172.25	49.61
Other Operating Activities	-16.05	-16.02	-17.78	1.54	-3.44	-1.56
Operating Cash Flow	-222.56	297.01	-196.24	-423.26	-144.13	76.08
Capital Expenditures	-8.58	-8.36	-6.12	-9.22	-3.99	-4.61
Investment in Securities	-126.59	-45.28	-26.82	-110.26	-8.27	-69.17
Income (Loss) Equity Investments	-0.11	-0.16	-0.08	-0.13	-0.01	-0.02
Other Investing Activities	3.07	3.53	2.62	2.43	1.74	3.07
Investing Cash Flow	-132.16	-64.93	-30.31	-117.05	-10.58	-70.71
Issuance of Common Stock	92.4	60.03	0.01	-	90.4	90.28
Common Dividends Paid	-12.87	-9.45	-9.26	-5.26	-11.8	-12.79
Net Increase (Decrease) in Deposit Accounts	249.33	-220.02	277.26	416.82	175.23	151.04
Other Financing Activities	-0.75	-0.41	-0.19	-0.13	-0.13	-
Financing Cash Flow	236.14	-169.85	267.83	411.43	253.7	228.53
Foreign Exchange Rate Adjustments	-1.71	0.14	1.14	-0.23	0.06	-0.12
Net Cash Flow	-120.29	62.37	42.42	-129.1	99.06	233.79
Free Cash Flow	-231.13	288.66	-202.36	-432.48	-148.11	71.48
Free Cash Flow Margin	-284.81%	424.69%	-338.65%	-818.65%	-439.46%	122.92%
Free Cash Flow Per Share	-0.15	0.21	-0.17	-0.38	-0.13	0.06

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