Aker Horizons ASA Cash Flow Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-2,947	-318	-4,479	-2,633	-1,951	-1,668
Depreciation & Amortization	434	564	637	499	93	30
Other Amortization	4	4	6	3	7	-
Asset Writedown & Restructuring Costs	1,166	1,166	5,768	4,405	-	-
Loss (Gain) on Equity Investments	570	369	-159	152	215	750
Other Operating Activities	2,365	-6,968	-4,894	-5,389	55	-288
Change in Other Net Operating Assets	-539	-539	2,014	-725	-142	576
Operating Cash Flow	181	-913	-1,315	-3,658	-1,826	-600
Capital Expenditures	-905	-442	-1,331	-3,006	-3,335	-18
Sale of Property, Plant & Equipment	51	51	-	-	6	-
Cash Acquisitions	-	-	-30	-61	-4,852	-
Divestitures	73	3,683	30	-	-	-
Sale (Purchase) of Intangibles	1	-50	-112	-65	-13	-24
Investment in Securities	580	-53	816	3,440	-939	-3,420
Other Investing Activities	-796	-474	504	-160	-124	-108
Investing Cash Flow	-996	2,715	-123	148	-9,257	-3,570
Long-Term Debt Issued	-	1,024	5	1,360	7,300	-
Total Debt Issued	712	1,024	5	1,360	7,300	4,992
Long-Term Debt Repaid	-	-449	-1,876	-653	-1,080	-
Total Debt Repaid	-3,296	-449	-1,876	-653	-1,080	-18
Net Debt Issued (Repaid)	-2,584	575	-1,871	707	6,220	4,974
Issuance of Common Stock	-	-	-	-	5,573	2,976
Repurchase of Common Stock	-	-	-	-	-	-6
Other Financing Activities	-2,877	11	45	5,542	3,973	1,878
Financing Cash Flow	-5,461	586	-1,826	6,249	15,766	9,822
Foreign Exchange Rate Adjustments	-54	68	80	532	-214	-
Miscellaneous Cash Flow Adjustments	-1	-1	-	-	-	6
Net Cash Flow	-6,331	2,455	-3,184	3,271	4,469	5,658
Free Cash Flow	-724	-1,355	-2,646	-6,664	-5,161	-618
Free Cash Flow Margin	-28.45%	-53.41%	-129.45%	-281.06%	-526.10%	-381.48%
Free Cash Flow Per Share	-1.05	-1.96	-3.83	-10.20	-9.36	-1.12
Cash Interest Paid	385	385	735	381	214	-
Cash Income Tax Paid	10	10	67	-4	1	-
Levered Free Cash Flow	-2,804	-2,647	-3,007	-5,522	-6,886	-696.29
Unlevered Free Cash Flow	-1,718	-1,592	-1,888	-5,002	-6,580	-696.29
Change in Working Capital	-539	-539	2,014	-725	-142	576

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