KNOT Offshore Partners LP Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. 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	52.76	14.07	-34.33	58.67	53.88	65.23
Depreciation & Amortization	98.34	96.92	99.02	105.98	98.65	88.83
Other Amortization	16.3	16.16	13.74	2.69	3.52	2.5
Loss (Gain) From Sale of Assets	-1.34	-0.7	-	-	-	-
Asset Writedown & Restructuring Costs	-	16.38	49.65	-	29.42	-
Other Operating Activities	-2.52	9.07	-15.84	-55.6	-23.87	18.73
Change in Inventory	-0.29	0.58	2.14	-2.16	-0.65	-0.23
Change in Accounts Payable	1.15	-4.38	5.87	0.25	0.02	0.7
Change in Unearned Revenue	-2.49	6.81	-1.5	-4.68	0.76	-1.47
Change in Other Net Operating Assets	-8.45	-17.76	12.9	-4.2	4.69	-5.06
Operating Cash Flow	153.45	137.15	131.64	100.94	166.41	169.24
Operating Cash Flow Growth	17.84%	4.18%	30.41%	-39.34%	-1.67%	2.14%
Capital Expenditures	-0.23	-0.95	-2.78	-3.31	-11.54	-0.34
Cash Acquisitions	-25.44	0.61	-	-32.21	-	-21.09
Investing Cash Flow	-26	-0.34	-2.78	-35.51	-11.54	-21.43
Long-Term Debt Issued	-	60	250	167	444.3	33
Long-Term Debt Repaid	-	-182.39	-349.64	-166.61	-505.82	-92.83
Net Debt Issued (Repaid)	-104.62	-122.39	-99.64	0.39	-61.52	-59.83
Issuance of Common Stock	-	-	-	-	0.98	-
Repurchase of Common Stock	-1.64	-	-	-	-	-
Preferred Dividends Paid	-6.8	-6.8	-6.8	-6.8	-7	-7.2
Common Dividends Paid	-3.61	-3.61	-3.61	-72.67	-72.39	-72.14
Dividends Paid	-10.41	-10.41	-10.41	-79.47	-79.39	-79.34
Other Financing Activities	-0.53	-0.52	-2.46	-0.89	-5.22	-0.09
Financing Cash Flow	-117.2	-133.32	-112.51	-79.97	-145.15	-139.26
Foreign Exchange Rate Adjustments	-0.27	-0.48	-0.01	-0.17	-0.02	0.51
Net Cash Flow	9.98	3.01	16.34	-14.71	9.71	9.06
Free Cash Flow	153.22	136.2	128.86	97.63	154.88	168.9
Free Cash Flow Growth	18.47%	5.69%	31.99%	-36.96%	-8.30%	1.94%
Free Cash Flow Margin	43.44%	43.57%	44.76%	36.45%	57.43%	60.49%
Free Cash Flow Per Share	3.90	3.47	3.28	2.50	4.09	5.07
Cash Interest Paid	61.3	65.7	69.3	37.3	25.1	-
Cash Income Tax Paid	0.05	0.04	0.67	0.42	0.08	0.09
Levered Free Cash Flow	149.98	125	133.94	114.91	115.07	126.37
Unlevered Free Cash Flow	184.9	160.63	173.08	116.34	148.2	159.47
Change in Working Capital	-10.09	-14.74	19.4	-10.79	4.82	-6.05

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