BOC Kenya Income Statement

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

Millions KES. 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
Revenue	1,204	1,539	1,287	1,382	1,098
Revenue Growth (YoY)	-21.77%	19.58%	-6.84%	25.83%	12.53%
Cost of Revenue	604.27	782.95	763.1	821.88	616.94
Gross Profit	599.93	756.4	524.15	559.89	481.16
Selling, General & Admin	342.72	459.09	335.49	434.69	369.26
Other Operating Expenses	-	-	-	-	-0.01
Operating Expenses	377.45	486.68	347.65	430.83	369.26
Operating Income	222.48	269.72	176.51	129.06	111.9
Interest Expense	-0.99	-1	-1.06	-1.01	-1.19
Interest & Investment Income	73.97	27.52	36.9	41.86	37.07
EBT Excluding Unusual Items	295.45	296.24	212.35	169.91	147.79
Gain (Loss) on Sale of Assets	-	12.84	1.08	-0.92	8.49
Pretax Income	295.45	309.08	213.43	168.99	156.27
Income Tax Expense	83.81	111.02	65.43	60.64	54.62
Net Income	211.65	198.06	147.99	108.35	101.66
Net Income to Common	211.65	198.06	147.99	108.35	101.66
Net Income Growth	6.86%	33.83%	36.59%	6.58%	81.85%
Shares Outstanding (Basic)	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20
EPS (Basic)	10.84	10.14	7.58	5.55	5.21
EPS (Diluted)	10.84	10.14	7.58	5.55	5.21
EPS Growth	6.86%	33.83%	36.59%	6.58%	81.85%
Free Cash Flow	146.96	407.74	-254.95	89.39	5.41
Free Cash Flow Per Share	7.53	20.88	-13.06	4.58	0.28
Dividend Per Share	8.650	6.050	6.050	4.400	4.150
Dividend Growth	42.98%	-	37.50%	6.02%	76.60%
Gross Margin	49.82%	49.14%	40.72%	40.52%	43.82%
Operating Margin	18.48%	17.52%	13.71%	9.34%	10.19%
Profit Margin	17.58%	12.87%	11.50%	7.84%	9.26%
Free Cash Flow Margin	12.20%	26.49%	-19.80%	6.47%	0.49%
EBITDA	292.78	354.91	269.06	224.98	206.9
EBITDA Margin	24.31%	23.06%	20.90%	16.28%	18.84%
D&A For EBITDA	70.3	85.2	92.55	95.91	94.99
EBIT	222.48	269.72	176.51	129.06	111.9
EBIT Margin	18.48%	17.52%	13.71%	9.34%	10.19%
Effective Tax Rate	28.37%	35.92%	30.66%	35.89%	34.95%

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.