Havila Shipping 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	39	10.38	112.87	-112.7	65.67	1,172
Depreciation & Amortization	184.09	146.25	131.63	183.73	203.62	350.75
Loss (Gain) From Sale of Assets	-5.8	-7.42	-212.32	-139.41	-0.99	-
Asset Writedown & Restructuring Costs	-32	-154	-865.02	-226	-235.32	783
Loss (Gain) on Equity Investments	-3.22	1.93	3.06	6.31	1.29	-11
Other Operating Activities	60.65	198.18	1,041	463.31	64.32	-2,216
Change in Accounts Receivable	-21.87	52.06	0.45	-30.8	33.59	86.15
Change in Accounts Payable	-34.74	-17.73	-115.9	72.34	-5.7	-30.84
Operating Cash Flow	186.1	229.64	95.77	216.77	126.47	134.5
Operating Cash Flow Growth	-30.75%	139.78%	-55.82%	71.41%	-5.97%	41.51%
Capital Expenditures	-120.96	-58.75	-48.1	-48.07	-60.5	-78.04
Investing Cash Flow	-95.05	-32.84	-22.26	-22.22	-34.19	-52.12
Short-Term Debt Issued	-	-	-	-	-	100
Long-Term Debt Issued	-	499.56	-	-	-	-
Total Debt Issued	499.56	499.56	-	-	-	100
Long-Term Debt Repaid	-	-650.15	-127.55	-144.92	-98.2	-160.33
Net Debt Issued (Repaid)	-106.02	-150.59	-127.55	-144.92	-98.2	-60.33
Other Financing Activities	-0	-0	-	-	-	-
Financing Cash Flow	-106.02	-150.59	-127.55	-144.92	-98.2	-60.33
Foreign Exchange Rate Adjustments	0.6	3.64	4.38	-3.12	0.28	-16.55
Miscellaneous Cash Flow Adjustments	0	0	-	-	-	-
Net Cash Flow	-14.37	49.86	-49.66	46.52	-5.63	5.49
Free Cash Flow	65.14	170.89	47.67	168.71	65.97	56.46
Free Cash Flow Growth	-67.25%	258.48%	-71.74%	155.74%	16.85%	319.75%
Free Cash Flow Margin	9.90%	29.45%	6.82%	24.63%	12.20%	8.08%
Free Cash Flow Per Share	0.15	6.81	0.08	7.10	0.12	2.37
Cash Interest Paid	68.53	59.03	64.52	79.75	56.04	97.1
Cash Income Tax Paid	2.09	2.55	3.05	4.6	4.7	5.84
Levered Free Cash Flow	110.91	222.03	543.27	-274.46	139.03	176.08
Unlevered Free Cash Flow	112.02	223.91	545.25	-271.77	142.98	235.51
Change in Working Capital	-56.61	34.32	-115.44	41.55	27.89	55.31

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