KUWAIT PROJECTS COMPANY (HOLDING)

Kuwait Projects Company Holding (K.S.C.P.)

KPROJStocksBoursa KuwaitBanks

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operations
Operating Cash Flow	-284.35M	-77.94M	-344.06M	-227.54M	-90.19M
Investing & Financing
Investing Cash Flow	168.34M	94.45M	124.99M	45.94M	6.23M
Financing Cash Flow	235.63M	669.48M	317.99M	154.79M	4.85M
Dividends Paid	-0.01M	-0.31M	-12.17M	-9.05M	-17.96M
Share Repurchase	-0.58M	-0.64M	—	—	-1.18M
Operating Activities
Operating Cash Flow	-284.35M	-77.94M	-344.06M	-227.54M	-90.19M
Net Income	15.65M	30.03M	25.26M	17.46M	1.14M
Change in Other Net Operating Assets	-426.71M	-208.81M	-358.25M	-246.60M	-74.43M
Change in Trading Asset Securities	-28.94M	4.90M	-58.51M	-6.80M	-32.96M
Net Increase (Decrease) in Deposit Accounts	514.07M	858.39M	-10.86M	89.25M	77.00M
Other Operating Activities	53.83M	-65.56M	-213.43M	-85.54M	-115.89M
Provision for Credit Losses	35.21M	42.02M	34.19M	74.17M	65.39M
Depreciation & Amortization	63.12M	65.41M	33.10M	28.33M	27.91M
Cash Interest Paid	623.45M	449.71M	259.08M	224.42M	276.16M
Cash Income Tax Paid	—	—	—	—	13.28M
Net Cash from Discontinued Operations	—	—	—	4.22M	3.14M
Loss (Gain) on Equity Investments	-8.87M	-10.95M	-16.86M	-42.98M	-11.67M
Total Asset Writedown	—	—	—	15.13M	46.28M
Investing Activities
Investing Cash Flow	168.34M	94.45M	124.99M	45.94M	6.23M
Cash Acquisitions	2.52M	24.42M	—	33.63M	—
Divestitures	—	5.28M	51.59M	—	—
Investment in Securities	1.10M	-1.52M	61.47M	-14.55M	0.49M
Other Investing Activities	184.68M	66.56M	11.12M	15.33M	9.54M
Gain (Loss) on Sale of Investments	13.19M	65.02M	210.98M	15.78M	—
Financing Activities
Financing Cash Flow	235.63M	669.48M	317.99M	154.79M	4.85M
Common Dividends Paid	-0.01M	-0.31M	-12.17M	-9.05M	-17.96M
Issuance of Common Stock	1.55M	0.25M	3.93M	76.54M	1.22M
Repurchase of Common Stock	-0.58M	-0.64M	—	—	-1.18M
Long-Term Debt Issued	—	65.19M	338.61M	297.67M	155.47M
Long-Term Debt Repaid	-223.93M	-250.84M	—	-350.34M	-180.27M
Net Debt Issued (Repaid)	-223.93M	-185.65M	338.61M	-52.67M	-24.80M
Other Financing Activities	-55.48M	-2.57M	-1.53M	50.72M	-29.42M
Free Cash Flow & Returns
Net Cash Flow	105.21M	642.31M	64.69M	-50.56M	-115.53M
Foreign Exchange Rate Adjustments	-14.41M	-43.67M	-34.23M	-23.74M	-36.42M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operations
Operating Cash Flow	-284.35M	-77.94M	-344.06M	-227.54M	-90.19M
Investing & Financing
Investing Cash Flow	168.34M	94.45M	124.99M	45.94M	6.23M
Financing Cash Flow	235.63M	669.48M	317.99M	154.79M	4.85M
Dividends Paid	-0.01M	-0.31M	-12.17M	-9.05M	-17.96M
Share Repurchase	-0.58M	-0.64M	—	—	-1.18M
Operating Activities
Operating Cash Flow	-284.35M	-77.94M	-344.06M	-227.54M	-90.19M
Net Income	15.65M	30.03M	25.26M	17.46M	1.14M
Change in Other Net Operating Assets	-426.71M	-208.81M	-358.25M	-246.60M	-74.43M
Change in Trading Asset Securities	-28.94M	4.90M	-58.51M	-6.80M	-32.96M
Net Increase (Decrease) in Deposit Accounts	514.07M	858.39M	-10.86M	89.25M	77.00M
Other Operating Activities	53.83M	-65.56M	-213.43M	-85.54M	-115.89M
Provision for Credit Losses	35.21M	42.02M	34.19M	74.17M	65.39M
Depreciation & Amortization	63.12M	65.41M	33.10M	28.33M	27.91M
Cash Interest Paid	623.45M	449.71M	259.08M	224.42M	276.16M
Cash Income Tax Paid	—	—	—	—	13.28M
Net Cash from Discontinued Operations	—	—	—	4.22M	3.14M
Loss (Gain) on Equity Investments	-8.87M	-10.95M	-16.86M	-42.98M	-11.67M
Total Asset Writedown	—	—	—	15.13M	46.28M
Investing Activities
Investing Cash Flow	168.34M	94.45M	124.99M	45.94M	6.23M
Cash Acquisitions	2.52M	24.42M	—	33.63M	—
Divestitures	—	5.28M	51.59M	—	—
Investment in Securities	1.10M	-1.52M	61.47M	-14.55M	0.49M
Other Investing Activities	184.68M	66.56M	11.12M	15.33M	9.54M
Gain (Loss) on Sale of Investments	13.19M	65.02M	210.98M	15.78M	—
Financing Activities
Financing Cash Flow	235.63M	669.48M	317.99M	154.79M	4.85M
Common Dividends Paid	-0.01M	-0.31M	-12.17M	-9.05M	-17.96M
Issuance of Common Stock	1.55M	0.25M	3.93M	76.54M	1.22M
Repurchase of Common Stock	-0.58M	-0.64M	—	—	-1.18M
Long-Term Debt Issued	—	65.19M	338.61M	297.67M	155.47M
Long-Term Debt Repaid	-223.93M	-250.84M	—	-350.34M	-180.27M
Net Debt Issued (Repaid)	-223.93M	-185.65M	338.61M	-52.67M	-24.80M
Other Financing Activities	-55.48M	-2.57M	-1.53M	50.72M	-29.42M
Free Cash Flow & Returns
Net Cash Flow	105.21M	642.31M	64.69M	-50.56M	-115.53M
Foreign Exchange Rate Adjustments	-14.41M	-43.67M	-34.23M	-23.74M	-36.42M