Equinor ASA 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	5,043	8,806	11,885	28,746	8,563
Depreciation & Amortization	9,992	9,755	9,321	9,220	10,607
Loss (Gain) From Sale of Assets	-287	-772	8	-823	-1,519
Asset Writedown & Restructuring Costs	2,481	151	1,260	-2,487	1,283
Other Operating Activities	750	-48	-2,733	5,096	14,428
Change in Other Net Operating Assets	1,992	2,218	4,960	-4,616	-4,546
Operating Cash Flow	19,971	20,110	24,701	35,136	28,816
Operating Cash Flow Growth	-0.69%	-18.59%	-29.70%	21.93%	177.45%
Capital Expenditures	-13,994	-12,177	-10,575	-8,758	-8,040
Sale of Property, Plant & Equipment	2,456	1,470	272	966	1,864
Cash Acquisitions	-26	-1,710	-1,195	147	-111
Investment in Securities	1,571	9,364	443	-10,089	-9,951
Other Investing Activities	397	-479	-1,354	1,871	27
Investing Cash Flow	-9,596	-3,532	-12,409	-15,863	-16,211
Short-Term Debt Issued	-	933	2,593	-	1,195
Long-Term Debt Issued	5,915	-	-	-	-
Total Debt Issued	5,915	933	2,593	-	1,195
Short-Term Debt Repaid	-2,875	-	-	-5,102	-
Long-Term Debt Repaid	-3,859	-4,083	-4,240	-1,616	-3,913
Total Debt Repaid	-6,734	-4,083	-4,240	-6,718	-3,913
Net Debt Issued (Repaid)	-819	-3,150	-1,647	-6,718	-2,718
Repurchase of Common Stock	-5,916	-6,013	-5,589	-3,315	-321
Common Dividends Paid	-4,791	-3,860	-3,332	-2,498	-1,797
Other Financing Activities	-	-	-	-1	-
Financing Cash Flow	-11,526	-17,741	-18,142	-15,414	-4,836
Foreign Exchange Rate Adjustments	284	-359	-87	-2,268	-538
Miscellaneous Cash Flow Adjustments	-	1	-1	1	-1
Net Cash Flow	-867	-1,521	-5,938	1,592	7,230
Free Cash Flow	5,977	7,933	14,126	26,378	20,776
Free Cash Flow Growth	-24.66%	-43.84%	-46.45%	26.96%	987.75%
Free Cash Flow Margin	5.65%	7.74%	13.22%	17.70%	22.91%
Free Cash Flow Per Share	2.30	2.81	4.67	8.29	6.38
Cash Interest Paid	665	891	1,042	747	698
Cash Income Tax Paid	20,460	20,592	28,276	43,856	8,588
Levered Free Cash Flow	20,201	7,456	20,942	46,149	28,629
Unlevered Free Cash Flow	21,098	7,882	21,521	46,609	29,110
Change in Working Capital	1,992	2,218	4,960	-4,616	-4,546

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