Borregaard 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	Sep '25 Sep 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	830	823	870	892	692	436
Depreciation & Amortization	570	544	473	434	405	430
Other Amortization	17	17	17	15	15	18
Asset Writedown & Restructuring Costs	-	-	-	-	-	1
Loss (Gain) on Equity Investments	-	-	-	-	-	51
Other Operating Activities	-	10	-2	52	63	-29
Change in Other Net Operating Assets	-166	-326	205	-658	256	-21
Operating Cash Flow	1,251	1,068	1,563	735	1,431	886
Operating Cash Flow Growth	-1.42%	-31.67%	112.65%	-48.64%	61.51%	27.12%
Capital Expenditures	-733	-693	-651	-459	-537	-494
Sale (Purchase) of Intangibles	-18	-18	-16	-5	-19	-9
Investment in Securities	-78	-150	-171	-	-145	-
Other Investing Activities	22	19	9	9	9	14
Investing Cash Flow	-807	-842	-829	-455	-692	-489
Long-Term Debt Issued	-	500	800	837	300	1,550
Long-Term Debt Repaid	-	-724	-843	-512	-814	-1,703
Net Debt Issued (Repaid)	2	-224	-43	325	-514	-153
Issuance of Common Stock	34	52	49	41	59	35
Repurchase of Common Stock	-52	-98	-92	-68	-118	-62
Common Dividends Paid	-424	-374	-324	-499	-249	-229
Other Financing Activities	23	-35	-5	-1	-15	28
Financing Cash Flow	-417	-679	-415	-202	-837	-381
Foreign Exchange Rate Adjustments	4	21	-1	28	7	-1
Net Cash Flow	31	-432	318	106	-91	15
Free Cash Flow	518	375	912	276	894	392
Free Cash Flow Growth	-8.80%	-58.88%	230.44%	-69.13%	128.06%	208.66%
Free Cash Flow Margin	6.79%	4.92%	12.79%	4.01%	15.40%	7.36%
Free Cash Flow Per Share	5.20	3.76	9.13	2.76	8.97	3.93
Cash Income Tax Paid	273	268	265	208	124	89
Levered Free Cash Flow	160	302	834	149.25	603.25	293.75
Unlevered Free Cash Flow	272.5	422.63	940.88	204.25	642	343.13
Change in Working Capital	-166	-326	205	-658	256	-21

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