Equity Group Holdings Cash Flow 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	46,549	41,977	44,894	39,175
Depreciation & Amortization	6,248	6,247	5,859	5,818
Other Amortization	1,903	1,074	1,512	1,410
Gain (Loss) on Sale of Assets	-434	-41	82	253
Gain (Loss) on Sale of Investments	150	999	-546	258
Total Asset Writedown	-2,057	791	454	71
Provision for Credit Losses	27,007	35,352	14,909	5,720
Change in Trading Asset Securities	-8,172	-2,754	-2,406	-2,383
Change in Other Net Operating Assets	42,196	-197,387	-169,646	-149,526
Other Operating Activities	13,414	36,308	11,992	6,052
Operating Cash Flow	126,804	-77,434	-92,896	-93,152
Capital Expenditures	-5,830	-7,254	-5,704	-1,770
Sale of Property, Plant and Equipment	3,142	16	48	7
Cash Acquisitions	-	919	-	-
Investment in Securities	-26,408	-109,779	-36,588	-184,314
Purchase / Sale of Intangibles	-1,594	-3,814	-3,814	-3,270
Investing Cash Flow	-30,690	-119,949	-46,268	-189,386
Long-Term Debt Issued	17,265	42,011	68,617	94,852
Long-Term Debt Repaid	-87,700	-59,464	-43,842	-62,307
Net Debt Issued (Repaid)	-70,435	-17,453	24,775	32,545
Common Dividends Paid	-15,095	-15,095	-11,321	-
Net Increase (Decrease) in Deposit Accounts	43,159	306,066	93,185	218,176
Other Financing Activities	-12,830	-29,005	-7,849	-4,730
Financing Cash Flow	-55,201	244,513	98,790	245,991
Foreign Exchange Rate Adjustments	12,150	-1,194	-2,189	-
Net Cash Flow	53,063	45,936	-42,563	-36,547
Free Cash Flow	120,974	-84,688	-98,600	-94,922
Free Cash Flow Margin	75.15%	-62.98%	-81.48%	-94.92%
Free Cash Flow Per Share	32.05	-22.44	-26.13	-25.15
Cash Interest Paid	12,830	29,005	7,849	4,730
Cash Income Tax Paid	15,871	9,631	12,692	12,195

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