KWSE:KPROJ Cash Flow Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	16.33	15.65	30.03	25.26	17.46
Depreciation & Amortization	71.24	63.12	65.41	33.1	28.33
Gain (Loss) on Sale of Investments	16.8	13.19	65.02	210.98	15.78
Total Asset Writedown	-	-	-	-	15.13
Provision for Credit Losses	25.7	35.21	42.02	34.19	74.17
Change in Trading Asset Securities	53.91	-28.94	4.9	-58.51	-6.8
Change in Other Net Operating Assets	-1,579	-426.71	-208.81	-358.25	-246.6
Other Operating Activities	40.74	53.83	-65.56	-213.43	-85.54
Net Cash from Discontinued Operations	-	-	-	-	4.22
Operating Cash Flow	-1,346	-284.35	-77.94	-344.06	-227.54
Cash Acquisitions	0.01	2.52	24.42	-	33.63
Investment in Securities	-0.3	1.1	-1.52	61.47	-14.55
Income (Loss) Equity Investments	8.84	-8.87	-10.95	-16.86	-42.98
Divestitures	-	-	5.28	51.59	-
Other Investing Activities	2.75	184.68	66.56	11.12	15.33
Investing Cash Flow	-7.29	168.34	94.45	124.99	45.94
Long-Term Debt Issued	504.21	-	65.19	338.61	297.67
Long-Term Debt Repaid	-97.07	-223.93	-250.84	-	-350.34
Net Debt Issued (Repaid)	407.14	-223.93	-185.65	338.61	-52.67
Issuance of Common Stock	-	1.55	0.25	3.93	76.54
Repurchase of Common Stock	-	-0.58	-0.64	-	-
Common Dividends Paid	-0.44	-0.01	-0.31	-12.17	-9.05
Net Increase (Decrease) in Deposit Accounts	456.51	514.07	858.39	-10.86	89.25
Other Financing Activities	-104.72	-55.48	-2.57	-1.53	50.72
Financing Cash Flow	758.48	235.63	669.48	317.99	154.79
Foreign Exchange Rate Adjustments	-36.76	-14.41	-43.67	-34.23	-23.74
Net Cash Flow	-631.37	105.21	642.31	64.69	-50.56
Cash Interest Paid	614.08	623.45	449.71	259.08	224.42

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.