Danaos 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	494.61	505.07	576.3	559.21	1,053
Depreciation & Amortization	163.37	143.81	108.07	77.57	89.3
Other Amortization	49.77	31.49	20.86	23.69	26.09
Loss (Gain) From Sale of Assets	-	-8.33	-1.64	-37.23	-
Loss (Gain) From Sale of Investments	-25.92	28.81	-14.25	180.01	-540.03
Loss (Gain) on Equity Investments	1.04	1.63	3.99	-	-68.03
Stock-Based Compensation	16.76	14.56	12.68	5.97	15.28
Other Operating Activities	-35.35	-49.14	-27.25	-26.44	-115.38
Change in Accounts Receivable	-3.78	-5.4	-4.3	1.48	0.79
Change in Inventory	-	0.63	-8.41	-3.52	-2.07
Change in Accounts Payable	-6.64	7.06	-0.39	5.58	4.52
Change in Unearned Revenue	-	-46.86	-77.53	158.26	-0.83
Change in Other Net Operating Assets	-9.1	-1.57	-11.84	-9.84	-34.37
Operating Cash Flow	644.75	621.75	576.29	934.74	428.11
Operating Cash Flow Growth	3.70%	7.89%	-38.35%	118.34%	61.14%
Capital Expenditures	-296.69	-659.34	-268.04	-199.14	-355.72
Sale of Property, Plant & Equipment	1.68	10.2	3.91	129.07	-
Cash Acquisitions	-	-	-	-	16.22
Investment in Securities	-30.69	-1.64	-74.41	246.64	196.35
Investing Cash Flow	-325.7	-650.79	-338.53	176.57	-143.15
Long-Term Debt Issued	620.68	362	-	182.73	1,240
Long-Term Debt Repaid	-190.76	-27.97	-100.43	-1,046	-1,398
Net Debt Issued (Repaid)	429.91	334.03	-100.43	-863.75	-157.21
Repurchase of Common Stock	-75.74	-53.33	-70.61	-28.55	-
Common Dividends Paid	-63.55	-62.81	-60.7	-61.48	-30.89
Other Financing Activities	-25.77	-7.28	-1.89	-19.62	-32.77
Financing Cash Flow	264.85	210.61	-233.62	-973.4	-220.87
Net Cash Flow	583.91	181.58	4.14	137.91	64.09
Free Cash Flow	348.06	-37.59	308.26	735.61	72.39
Free Cash Flow Growth	-	-	-58.09%	916.16%	-23.81%
Free Cash Flow Margin	33.39%	-3.71%	31.66%	74.05%	10.50%
Free Cash Flow Per Share	18.84	-1.94	15.49	35.88	3.52
Cash Interest Paid	25.77	21.57	18.08	53.95	42.84
Levered Free Cash Flow	75.42	-181.86	154.2	252.18	4.44
Unlevered Free Cash Flow	98.77	-165.55	167.05	281.76	33.91
Change in Working Capital	-19.52	-46.14	-102.47	151.96	-31.96

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