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

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