Image capturing apparatus and method of controlling the same

An image capturing apparatus which performs moving image recording and still image capturing comprises: an image sensing unit configured to output an image signal in accordance with a quantity of incident light; a developing unit configured to perform development processes for a moving image or a still image for image signals output from the image sensing unit; a storage unit configured to store image signals output from the image sensing unit; and a control unit configured to control to perform a development process for a moving image corresponding to one frame of the image signals output from the image sensing unit and a development process for part of one frame of the image signals stored in the storage unit within a one-frame period of the moving image capturing, in a case where the still image capturing is performed during moving image recording.