BOK Cash Flows
 

Please note: Bank of Kigali’s summarized, audited IFRS-based Q4 & FY 2015 results, released 22 February 2016, are available for download here

Period ended: 31-Dec-10 31-Dec-11 31-Dec-12 31-Dec-13 31-Dec-14
Unit: RWF ‘000s RWF ‘000s RWF ‘000s RWF ‘000s RWF ‘000s
Statement type: Audited Audited Audited Audited Audited
View original statement: Download Download Download Download Download
Cash flows from operating activities
 
Profit before tax 8,681,392 10,653,908 14,466,909 18,756,236 22,758,705
Adjusted for:
Depreciation of property and equipment 1,357,181 2,285,972 3,466,258 4,304,344 3,469,943
Amortisation of intangible assets 180,602 146,348 211,840 336,593 193,591
Gains on disposal of fixed assets -51,182 -24,753 -84,496
Loss on revaluation of long-term finance 392,446 400,937
Impairment of equity investments 46,733 49,920
Dividend received -10,477 -33,180 -96 -54,254
Cash flows before changes in working capital  10,255,431 13,102,968 18,093,729 23,763,566 26,684,426
           
Changes in working capital 
Increase in loans and advances -24,306,791 -21,728,030 -61,936,066 -13,958,489 -34,414,268
Increase in other assets -1,112,872 -10,529,769 2,295,732 4,929,704 29,620
Increase in clients balances and deposits 26,194,942 45,341,908 27,404,925 68,624,395 44,111,697
Increase/Decrease in other liabilities 2,452,533 11,822,067 -208,848 -6,370,132 2,479,683
Income tax paid -2,911,451 -2,714,134 -2,578,194 -2,862,521 -5,665,044
Net cash generated from operating activities 10,571,792 35,295,010 -16,928,722 74,126,523 33,226,114
           
Investing activities
Purchase of intangible assets -344,313 -112,094 -403,610 -237,478 -188,642
Purchase of property and equipment -3,080,383 -3,526,858 -5,594,737 -3,874,221 -3,049,369
Proceeds for sale of fixed assets 106,000 205,000 179,393
Increase in held to maturity investments 7,088,511 -2,916,209 -4,928,801 -37,701,365 -7,776,217
Purchase of investment shares -2,970
Dividends received 10,477 33,180 96 54,254
Net cash flows from investing activities 3,674,292 -6,521,981 -10,821,052 41,608,064 -10,783,551
           
Financing activities
Increase in share capital 11,130 29,206
Increase in share premium 19,902,023 -125,477 127,995 335,869
Receipts from long term finance 4,998,112 946,866 27,853,095 5,338,511
Dividends paid -2,643,482 -4,340,706 -5,892,885 -7,411,110
Net cash flows from financing activities -2,643,482 24,900,135 -3,519,317 22,099,335 -1,707,524
Net increase/decrease in cash and cash equivalents 11,602,602 53,673,164 -31,269,091 54,617,794 20,735,039
Cash and cash equivalents at 1 January 37,373,290 48,975,892 102,649,056 71,379,965 125,997,759
Cash and cash equivalents at 31 December 48,975,892 102,649,056 71,379,965 125,997,759 146,732,798