Kuwait Finance House K.S.C.P. Website

Kuwait Finance House K.S.C.P.

KWSE-KFH

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Interest Income On Loans

931.6

892.9

871.5

1,322.3

2,194.2

2,618.8

Interest Income, Total

931.6

892.9

871.5

1,322.3

2,194.2

2,618.8

Interest On Deposits

401.3

278.7

285.8

521.8

1,228.3

1,552.5

Interest Expense, Total

401.3

278.7

285.8

521.8

1,228.3

1,552.5

Net Interest Income

530.3

614.2

585.7

800.5

965.9

1,066.2

Gain (Loss) on Sale of Assets

20.1

15.2

20.4

3.7

71.7

71.7

Gain (Loss) on Sale of Invest. & Securities

32.6

-6.1

15.4

7.5

100.4

100.4

Income (Loss) on Equity Invest.

22.4

-7.1

-3.4

7.1

30.4

30.4

Total Other Non Interest Income

209

179.3

192.9

253.6

292.4

281.2

Non Interest Income, Total

284.1

181.4

225.3

271.8

494.9

483.7

Revenues Before Provison For Loan Losses

814.4

795.6

811

1,072.3

1,460.9

1,549.9

Provision For Loan Losses

186.9

257.6

133.5

50.2

41.4

21.9

Total Revenues

627.5

538

677.5

1,022.1

1,419.4

1,528

Total Revenues % Chg.

-4.3%

-14.3%

25.9%

50.9%

38.9%

15.9%

Salaries And Other Employee Benefits

182.4

172.3

184

209.1

286.7

321

Occupancy Expense

43

42.6

41.8

45.3

78.6

83.4

Selling General & Admin Expenses, Total

79.8

81.8

83.3

95.7

151.4

165.1

Total Other Non Interest Expense

—

—

—

—

—

—

—

—

—

77.6

Non Operating (Income) Expenses

—

—

—

—

—

—

—

—

—

—

Non Interest Expense, Total

305.2

296.6

309

350.1

516.8

647

EBT, Excl. Unusual Items

322.3

241.4

368.5

672

902.7

881

Impairment of Goodwill

—

—

—

—

—

—

—

Asset Writedown

-10

-26.5

-1.9

-11.9

-2.9

-2.9

Other Unusual Items

—

—

—

—

—

—

—

-127.6

-72.8

-72.8

EBT, Incl. Unusual Items

312.3

214.9

366.6

532.5

826.9

805.2

Income Tax Expense

50.5

30.7

56.5

97.9

151.8

170.8

Earnings From Continuing Operations

261.8

184.2

310.1

434.6

675.1

634.4

Earnings Of Discontinued Operations

—

—

—

—

—

—

—

Minority Interest

-10.8

-35.8

-66.7

-76.9

-90.6

-42.1

Net Income

251

148.4

243.4

357.7

584.5

592.3

Preferred Dividend and Other Adjustments

—

—

—

—

—

—

—

4.1

14.5

21.7

22.1

Net Income to Common Incl Extra Items

251

148.4

239.3

343.2

562.8

570.2

Net Income to Common Excl. Extra Items

251

148.4

239.3

343.2

562.8

570.2

Total Shares Outstanding

11,009.9

11,039.4

11,039.4

15,979.2

15,873.4

15,930.4

Weighted Avg. Shares Outstanding

10,995.6

11,032.6

11,039.4

12,591.9

15,936.9

15,916.7

Weighted Avg. Shares Outstanding Dil

10,995.6

11,032.6

11,039.4

12,591.9

15,936.9

15,916.7

EPS

0

0

0

0

0

0

EPS Diluted

0

0

0

0

0

0

Effective Tax Rate

16.2%

14.3%

15.4%

18.4%

18.4%

21.2%