PetroNor E&P 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	7.31	33.64	67.83	27.04	12.31
Depreciation & Amortization	22.35	23.73	19.72	10.14	5.59
Asset Writedown & Restructuring Costs	7.4	-	-	-	-
Other Operating Activities	1.85	10.67	-5.07	6.26	10.5
Change in Accounts Receivable	60.43	-34.81	-30.29	12.63	-8.06
Change in Inventory	-1.83	4.57	0.25	-10.08	-2.65
Change in Accounts Payable	1.3	-10.85	-2.07	-11.88	7.76
Change in Other Net Operating Assets	-37.35	33.81	-0.95	1.06	-5.58
Operating Cash Flow	61.46	60.76	49.43	35.17	19.87
Operating Cash Flow Growth	1.15%	22.93%	40.53%	76.98%	-
Capital Expenditures	-19.44	-13.06	-38.25	-35.76	-19.76
Sale (Purchase) of Intangibles	-0.98	-0.78	-1.51	-2.35	-0.81
Other Investing Activities	-	-1.53	21.27	-	-
Investing Cash Flow	-20.42	-15.37	-18.49	-38.11	-20.57
Long-Term Debt Issued	-	-	-	11	-
Long-Term Debt Repaid	-	-5.5	-5.5	-13.24	-5.99
Net Debt Issued (Repaid)	-	-5.5	-5.5	-2.24	-5.99
Issuance of Common Stock	-	-	-	-	27.94
Repurchase of Common Stock	-55.81	-	-	-	-
Other Financing Activities	-6.02	-6.44	-4	-1.76	-3.61
Financing Cash Flow	-61.83	-11.94	-9.5	-4	18.34
Net Cash Flow	-20.79	33.44	21.43	-6.94	17.64
Free Cash Flow	42.02	47.7	11.17	-0.59	0.11
Free Cash Flow Growth	-11.92%	326.90%	-	-	-
Free Cash Flow Margin	50.55%	23.32%	5.96%	-0.40%	0.11%
Free Cash Flow Per Share	0.29	0.34	0.08	-0.00	0.00
Cash Interest Paid	0.01	0.38	0.83	2.44	2.05
Cash Income Tax Paid	31.39	39.98	39.85	47.58	33.1
Levered Free Cash Flow	57.52	52.69	13.44	14.13	19.64
Unlevered Free Cash Flow	57.52	52.91	13.94	15.58	20.92
Change in Working Capital	22.55	-7.27	-33.05	-8.27	-8.53

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