Kenya Airways Plc (NASE:KQ)
Kenya · Delayed Price · Currency is KES 5.70
-0.02 (-0.35%)
At close: Sep 7, 2026
Kenya Airways Cash Flow Statement
Financials in millions KES. Fiscal year is January - December.
Millions KES. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -21,066 | -17,134 | 5,511 | -22,717 | -38,252 | -15,882 |
Depreciation & Amortization | 22,740 | 22,740 | 19,229 | 15,527 | 14,875 | 16,136 |
Other Amortization | 214 | 214 | 315 | 954 | 509 | 473 |
Loss (Gain) From Sale of Assets | -288 | -288 | - | - | - | - |
Asset Writedown & Restructuring Costs | 349 | 349 | -1,926 | 214 | 461 | 129 |
Other Operating Activities | 16,188 | 8,578 | 3,373 | 28,348 | 32,009 | 7,980 |
Change in Accounts Receivable | -521 | -521 | -1,543 | -4,294 | -5,191 | 554 |
Change in Inventory | 223 | 223 | -223 | -530 | -121 | 21 |
Change in Accounts Payable | 10,389 | 10,389 | -1,904 | 11,179 | 4,744 | 620 |
Change in Unearned Revenue | -2,356 | -2,356 | -2,994 | 9,268 | 8,059 | -3,016 |
Change in Other Net Operating Assets | -4,102 | -4,102 | -2,098 | -13,492 | -6,727 | -2,106 |
Operating Cash Flow | 21,770 | 18,092 | 17,740 | 24,457 | 10,366 | 4,909 |
Operating Cash Flow Growth | 24.19% | 1.98% | -27.46% | 135.94% | 111.16% | -24.26% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -6,391 | -6,047 | -7,791 | -8,135 | -7,560 | -2,658 |
Sale of Property, Plant & Equipment | 920 | 1,053 | 9 | 13 | 6 | 18 |
Sale (Purchase) of Intangibles | -49 | -49 | -19 | -53 | -19 | - |
Other Investing Activities | 411 | 484 | 333 | 316 | 3,240 | 1,057 |
Investing Cash Flow | -5,109 | -4,559 | -7,468 | -7,859 | -4,333 | -1,583 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 219 | 7,504 | 1,402 | 26,393 | 14,000 |
Total Debt Issued | 77 | 219 | 7,504 | 1,402 | 26,393 | 14,000 |
Long-Term Debt Repaid | - | -13,761 | -19,534 | -19,555 | -28,841 | -18,886 |
Lease Payments | -13,039 | -12,466 | -14,517 | -14,352 | -23,005 | -14,814 |
Total Debt Repaid | -13,791 | -13,761 | -19,534 | -19,555 | -28,841 | -18,886 |
Net Debt Issued (Repaid) | -13,714 | -13,542 | -12,030 | -18,153 | -2,448 | -4,886 |
Other Financing Activities | -3,187 | -494 | -7 | -53 | -47 | -73 |
Financing Cash Flow | -16,901 | -14,036 | -12,037 | -18,206 | -2,495 | -4,959 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 55 | 55 | -219 | -260 | -279 | - |
Net Cash Flow | -185 | -448 | -1,984 | -1,868 | 3,259 | -1,633 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 15,379 | 12,045 | 9,949 | 16,322 | 2,806 | 2,251 |
Free Cash Flow Growth | 57.91% | 21.07% | -39.05% | 481.68% | 24.66% | -53.90% |
Free Cash Flow Margin | 9.14% | 7.46% | 5.28% | 9.14% | 2.40% | 3.21% |
Free Cash Flow Per Share | 2.63 | 2.07 | 1.33 | 2.80 | 0.48 | 0.39 |
Levered Free Cash Flow | -9,193 | 19,431 | -1,761 | 40,252 | 1,186 | 1,459 |
Unlevered Free Cash Flow | -2,209 | 26,363 | 5,961 | 49,325 | 7,730 | 6,595 |
Free Cash Flow After Leases | 2,340 | -421 | -4,568 | 1,970 | -20,199 | -12,563 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 2,598 | 1,641 | 3,106 | 3,690 | 5,528 | 3,217 |
Cash Income Tax Paid | 52 | 49 | 76 | 56 | 82 | 65 |
Change in Working Capital | 3,633 | 3,633 | -8,762 | 2,131 | 764 | -3,927 |