NCBA 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	21,881	21,457	13,865	10,299
Depreciation & Amortization	1,960	1,899	2,236	2,287
Other Amortization	1,193	1,174	1,153	1,195
Gain (Loss) on Sale of Assets	-21.28	-8.46	-14.98	67.67
Gain (Loss) on Sale of Investments	378.45	1,165	-42.07	-
Total Asset Writedown	219.04	-	-	-
Provision for Credit Losses	5,046	7,441	13,020	11,211
Change in Trading Asset Securities	-9.65	8.93	-	-
Change in Other Net Operating Assets	37,258	-62,677	-52,938	940.11
Other Operating Activities	-1,553	-1,374	-1,383	990.99
Operating Cash Flow	66,265	-30,957	-24,306	26,902
Operating Cash Flow Growth	-	-	-	425.56%
Capital Expenditures	-2,696	-806.49	-534.45	-347.86
Sale of Property, Plant and Equipment	32.83	10.72	16.61	69.12
Cash Acquisitions	-866.86	-	-	-
Investment in Securities	19,512	-10,502	-23,478	-51,148
Income (Loss) Equity Investments	-87.03	-41.7	-203.2	-89.49
Purchase / Sale of Intangibles	-817.22	-3,092	-1,393	-1,567
Other Investing Activities	-	116.67	90	50
Investing Cash Flow	15,165	-14,274	-25,299	-52,944
Long-Term Debt Issued	6,843	3,055	-	-
Long-Term Debt Repaid	-2,719	-2,515	-3,479	-9,010
Net Debt Issued (Repaid)	4,124	539.88	-3,479	-9,010
Common Dividends Paid	-8,649	-6,590	-7,002	-3,707
Net Increase (Decrease) in Deposit Accounts	-77,864	76,726	32,786	48,386
Other Financing Activities	-	-	-155.17	-
Financing Cash Flow	-82,389	70,676	22,149	35,669
Foreign Exchange Rate Adjustments	492.05	2,639	941.03	-
Net Cash Flow	-466.79	28,085	-26,514	9,626
Free Cash Flow	63,569	-31,763	-24,840	26,554
Free Cash Flow Growth	-	-	-	504.26%
Free Cash Flow Margin	112.16%	-58.67%	-52.40%	73.71%
Free Cash Flow Per Share	38.59	-19.28	-15.08	16.12
Cash Interest Paid	40,695	30,506	21,593	19,483
Cash Income Tax Paid	3,984	2,850	9,968	3,376

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