Multiconsult ASA Cash Flow Statement

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

Millions NOK. 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	252.96	416.49	318.12	303.02	234.67
Depreciation & Amortization	256.94	244.08	235.22	202.77	188.62
Other Amortization	-	4.8	4.43	4.24	5.36
Loss (Gain) on Equity Investments	-7.9	-9.76	-12.61	-15.26	-0.2
Other Operating Activities	34.85	20.92	45.53	38.46	9.75
Change in Accounts Receivable	-248.73	-	-	-	-
Change in Accounts Payable	15.15	-	-	-	-
Change in Other Net Operating Assets	-51.93	-4.75	-167.37	28.39	20.43
Operating Cash Flow	251.33	671.78	423.33	561.61	458.63
Operating Cash Flow Growth	-62.59%	58.69%	-24.62%	22.45%	-31.31%
Capital Expenditures	-78.15	-95.97	-100.94	-43.17	-41.9
Sale of Property, Plant & Equipment	-	-	1.93	1.3	1.22
Cash Acquisitions	-308.8	-62.24	-92.65	-47.38	-314.19
Investment in Securities	2.74	4.62	-	2.58	-7
Other Investing Activities	-15.57	-1.59	-1.67	-7.35	-2.14
Investing Cash Flow	-399.78	-155.17	-193.33	-94.01	-364.02
Long-Term Debt Issued	1,420	350	450	100	180
Long-Term Debt Repaid	-990.5	-726.18	-160.25	-429.75	-140.52
Net Debt Issued (Repaid)	429.5	-376.18	289.75	-329.75	39.48
Issuance of Common Stock	109.61	95.22	88.94	57.6	61.9
Repurchase of Common Stock	-172.99	-59.1	-143.79	-32.07	-64.87
Common Dividends Paid	-277.04	-221.14	-247.29	-164.38	-215.44
Other Financing Activities	-69.94	-71.13	-60.62	-42.57	-33.13
Financing Cash Flow	19.15	-632.33	-73.01	-511.17	-212.07
Foreign Exchange Rate Adjustments	1.45	2.12	6.54	1.96	-3.82
Miscellaneous Cash Flow Adjustments	0	-	-0	0	-
Net Cash Flow	-127.85	-113.6	163.53	-41.61	-121.27
Free Cash Flow	173.19	575.81	322.39	518.44	416.73
Free Cash Flow Growth	-69.92%	78.61%	-37.81%	24.40%	-35.14%
Free Cash Flow Margin	3.06%	10.70%	6.71%	12.38%	10.96%
Free Cash Flow Per Share	6.31	20.89	11.72	18.93	15.39
Cash Interest Paid	69.93	71.13	60.52	42.5	32.99
Cash Income Tax Paid	104.5	84.68	93.28	76.13	86.9
Levered Free Cash Flow	37.3	417.14	206.1	452.51	372.48
Unlevered Free Cash Flow	95.57	461.4	243.08	479.36	395.16
Change in Working Capital	-285.51	-4.75	-167.37	28.39	20.43

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