BK Group Cash Flow Statement

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

Millions RWF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	89,693	73,869	58,986	51,078	37,911
Depreciation & Amortization	7,604	7,399	5,673	4,538	2,322
Other Amortization	3,519	3,121	2,865	1,970	1,377
Gain (Loss) on Sale of Assets	-141.65	-122.88	-91.02	-	-270.09
Gain (Loss) on Sale of Investments	4,975	3,603	165.44	1,011	224.85
Total Asset Writedown	-3,412	1,586	-	-	-
Provision for Credit Losses	33,749	12,901	9,426	32,768	36,824
Change in Other Net Operating Assets	-177,813	-166,380	-162,779	-171,001	-152,134
Other Operating Activities	10,465	21,281	-5,740	2,341	1,888
Operating Cash Flow	-31,360	-42,742	-91,493	-77,295	-71,857
Capital Expenditures	-7,811	-8,647	-5,087	-3,834	-4,584
Sale of Property, Plant and Equipment	562.37	143.79	259.56	-	270.09
Investment in Securities	-88,883	22,091	-56,214	-27,101	-30,608
Purchase / Sale of Intangibles	-7,847	-2,909	-3,086	-3,779	-3,070
Other Investing Activities	42.03	70.35	40.45	-	125
Investing Cash Flow	-103,937	10,749	-64,086	-34,713	-37,867
Long-Term Debt Issued	22,004	7,875	57,459	2,150	35,833
Long-Term Debt Repaid	-16,280	-11,358	-13,942	-10,730	-24,096
Net Debt Issued (Repaid)	5,724	-3,483	43,517	-8,580	11,737
Issuance of Common Stock	675.15	2,566	3,520	-	-
Common Dividends Paid	-23,677	-37,587	-26,086	-12,305	-4.79
Net Increase (Decrease) in Deposit Accounts	271,509	299,154	100,694	183,683	148,112
Other Financing Activities	-8,097	-8,526	-	-	-
Financing Cash Flow	246,133	252,125	121,644	162,798	159,844
Foreign Exchange Rate Adjustments	-	-	-4,128	2,730	-4,780
Net Cash Flow	110,836	220,133	-38,063	53,520	45,341
Free Cash Flow	-39,171	-51,388	-96,580	-81,129	-76,441
Free Cash Flow Margin	-17.44%	-24.24%	-56.31%	-57.91%	-74.60%
Free Cash Flow Per Share	-42.10	-55.37	-105.15	-89.69	-84.51
Cash Interest Paid	54,971	52,039	8,174	10,339	5,177
Cash Income Tax Paid	30,312	33,523	33,867	21,700	23,692

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