Gulf Bank K.S.C.P. Cash Flow Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	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	2020 - 2016
Net Income	52.38	60.17	71.21	61.8	42.11	Upgrade
Depreciation & Amortization	8.74	8.12	7.17	6.83	6.82	Upgrade
Gain (Loss) on Sale of Investments	0.01	-0.06	-0.1	-0.04	0.11	Upgrade
Total Asset Writedown	-	-	0.07	0.13	-	Upgrade
Provision for Credit Losses	48.18	34.91	40.19	37.87	59.44	Upgrade
Change in Other Net Operating Assets	-888.54	68.6	-334.59	-435.33	-635.27	Upgrade
Other Operating Activities	-1.66	-1.27	-0.23	-0.8	-0.68	Upgrade
Operating Cash Flow	-780.9	170.46	-216.29	-329.53	-527.47	Upgrade
Capital Expenditures	-8.84	-9.95	-8.17	-11.14	-7.14	Upgrade
Investment in Securities	-100.96	-4.67	-62.95	11.25	29.59	Upgrade
Other Investing Activities	1.67	1	1.01	0.8	0.68	Upgrade
Investing Cash Flow	-108.13	-13.62	-70.11	0.91	23.13	Upgrade
Long-Term Debt Issued	258.72	-	76.14	278.93	115	Upgrade
Long-Term Debt Repaid	-	-50.24	-	-	-	Upgrade
Net Debt Issued (Repaid)	258.72	-50.24	76.14	278.93	115	Upgrade
Issuance of Common Stock	-	-	60.01	13.89	2.86	Upgrade
Repurchase of Common Stock	-	-2.38	-	-	-	Upgrade
Common Dividends Paid	-37.93	-43.46	-32.01	-21.08	-15.06	Upgrade
Net Increase (Decrease) in Deposit Accounts	123.5	233.35	346.39	44.28	238.11	Upgrade
Other Financing Activities	-	-	-0.26	-	-	Upgrade
Financing Cash Flow	344.28	137.28	450.27	316.02	340.91	Upgrade
Net Cash Flow	-544.75	294.12	163.87	-12.61	-163.43	Upgrade
Free Cash Flow	-789.74	160.51	-224.46	-340.67	-534.61	Upgrade
Free Cash Flow Margin	-527.99%	103.00%	-138.75%	-225.26%	-436.58%	Upgrade
Free Cash Flow Per Share	-0.19	0.04	-0.06	-0.08	-0.14	Upgrade
Cash Interest Paid	234.71	250.15	192.07	82.11	55.74	Upgrade
Cash Income Tax Paid	2.9	3.34	2.87	-	-	Upgrade

Source: S&P Capital IQ. Banks template. Financial Sources.