HF Group 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	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	524.69	388.16	265.57	-667.75	-1,707
Depreciation & Amortization	238.52	369.19	360.78	445.42	500.39
Gain (Loss) on Sale of Assets	-	-2.84	-	-1.19	-0.01
Gain (Loss) on Sale of Investments	-	-	-	-55.96	463.79
Total Asset Writedown	-20	-36	1	100	-
Change in Other Net Operating Assets	-8,357	-2,846	-2,247	2,922	-1,190
Other Operating Activities	-78.23	-135.27	-112.19	-203.25	-213.65
Operating Cash Flow	-7,672	-2,406	-1,678	2,607	-2,050
Capital Expenditures	-166.9	-85.18	-19.92	-9.73	-32.41
Sale of Property, Plant and Equipment	-	3.58	-	-	0.06
Investment in Securities	-168.56	-	-75.1	19.81	-
Income (Loss) Equity Investments	-23.24	-31.95	6.27	15.74	96.13
Purchase / Sale of Intangibles	-115.86	-158.41	-52.76	-47.76	-66.68
Investing Cash Flow	-451.32	-204.32	-41.53	-181.55	-136.88
Long-Term Debt Issued	-	-	700	1,515	-
Long-Term Debt Repaid	-1,132	-670.12	-798.01	-987.42	-2,306
Net Debt Issued (Repaid)	-1,132	-670.12	-98.01	527.16	-2,306
Issuance of Common Stock	7,504	-	-	-	-
Common Dividends Paid	-	-	-	-6.12	-6.66
Net Increase (Decrease) in Deposit Accounts	4,415	3,740	1,505	-2,818	3,206
Other Financing Activities	-1,718	-30.42	-24.31	-	-
Financing Cash Flow	9,070	3,039	1,382	-2,297	893.73
Foreign Exchange Rate Adjustments	-	-	-	-1.29	13.96
Net Cash Flow	946.1	428.43	-337.08	127.36	-1,279
Free Cash Flow	-7,839	-2,492	-1,698	2,598	-2,083
Free Cash Flow Margin	-210.95%	-72.40%	-57.69%	124.56%	-105.52%
Free Cash Flow Per Share	-13.46	-6.48	-4.42	6.75	-5.42
Cash Interest Paid	23.61	30.42	24.31	-	-
Cash Income Tax Paid	37.45	31.68	47.98	7.67	197.16

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.