FLEX LNG Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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
Net Income	74.82	117.68	120.04	188.04	162.21
Depreciation & Amortization	65.72	65.9	65.73	72.22	69.83
Other Amortization	13.2	12.08	10.13	4.06	4.94
Stock-Based Compensation	0.08	1.06	1.75	0.33	-1.27
Other Operating Activities	1.64	-13.27	-3.44	-59.19	-27.44
Change in Accounts Receivable	0.35	0.1	-0.73	0.17	-
Change in Inventory	-4.18	0.27	0.17	1.19	-2.8
Change in Accounts Payable	8.51	-1.51	1.71	-0.22	-1.36
Change in Other Net Operating Assets	-19.39	0.48	-20.32	13.28	10.74
Operating Cash Flow	140.74	182.8	175.03	219.88	214.84
Operating Cash Flow Growth	-23.01%	4.44%	-20.40%	2.34%	140.58%
Capital Expenditures	-	-0	-0	-0.01	-265.93
Investing Cash Flow	-	-0	-0	-0.01	-265.93
Long-Term Debt Issued	2,180	1,699	2,407	1,408	723.56
Long-Term Debt Repaid	-2,142	-1,702	-2,313	-1,328	-490.39
Net Debt Issued (Repaid)	37.31	-3.21	93.83	80.26	233.16
Issuance of Common Stock	-	1.91	-	15.42	-
Repurchase of Common Stock	-	-	-	-	-7.79
Common Dividends Paid	-162.27	-161.67	-144.98	-159.52	-98.93
Other Financing Activities	-5.72	7.37	-9.15	1.65	-3.34
Financing Cash Flow	-130.68	-155.61	-96.54	-88.76	123.1
Foreign Exchange Rate Adjustments	0.44	-0.53	-0.35	0.12	0.2
Miscellaneous Cash Flow Adjustments	0	-	-	-	-
Net Cash Flow	10.49	26.66	78.14	131.23	72.21
Free Cash Flow	140.74	182.8	175.03	219.88	-51.09
Free Cash Flow Growth	-23.01%	4.44%	-20.39%	-	-
Free Cash Flow Margin	40.48%	51.30%	47.18%	63.20%	-14.88%
Free Cash Flow Per Share	2.60	3.38	3.24	4.11	-0.96
Cash Interest Paid	4.42	105.11	112.53	63.45	49
Cash Income Tax Paid	-	0.13	0.06	0.1	0.15
Levered Free Cash Flow	111.44	149.03	137.59	218.79	-84.21
Unlevered Free Cash Flow	171.68	198.24	191.62	212.79	-65.5
Change in Working Capital	-14.71	-0.66	-19.16	14.41	6.58

Source: S&P Global Market Intelligence. Standard template. Financial Sources.