NCBA Group Cash Flow Statement

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

Millions KES. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	21,457	13,865	10,299
Depreciation & Amortization	1,899	2,236	2,287
Other Amortization	1,174	1,153	1,195
Gain (Loss) on Sale of Assets	-8.46	-14.98	67.67
Gain (Loss) on Sale of Investments	-565.97	-42.07	-
Provision for Credit Losses	9,172	13,020	11,211
Change in Trading Asset Securities	8.93	-	-
Change in Other Net Operating Assets	-62,677	-52,938	940.11
Other Operating Activities	-1,374	-1,383	990.99
Operating Cash Flow	-30,957	-24,306	26,902
Operating Cash Flow Growth	-	-	425.56%
Capital Expenditures	-806.49	-534.45	-347.86
Sale of Property, Plant and Equipment	10.72	16.61	69.12
Investment in Securities	-10,502	-23,478	-51,148
Income (Loss) Equity Investments	-41.7	-203.2	-89.49
Purchase / Sale of Intangibles	-3,092	-1,393	-1,567
Other Investing Activities	116.67	90	50
Investing Cash Flow	-14,274	-25,299	-52,944
Long-Term Debt Issued	3,055	-	-
Long-Term Debt Repaid	-2,515	-3,479	-9,010
Net Debt Issued (Repaid)	539.88	-3,479	-9,010
Common Dividends Paid	-6,590	-7,002	-3,707
Net Increase (Decrease) in Deposit Accounts	76,726	32,786	48,386
Other Financing Activities	-	-155.17	-
Financing Cash Flow	70,676	22,149	35,669
Foreign Exchange Rate Adjustments	2,639	941.03	-
Net Cash Flow	28,085	-26,514	9,626
Free Cash Flow	-31,763	-24,840	26,554
Free Cash Flow Growth	-	-	504.26%
Free Cash Flow Margin	-58.67%	-52.40%	73.71%
Free Cash Flow Per Share	-19.28	-15.08	16.12
Cash Interest Paid	30,506	21,593	19,483
Cash Income Tax Paid	2,850	9,968	3,376

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