Tsakos Energy Navigation Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	176.23	300.18	204.23	-151.4	24
Depreciation & Amortization	139.81	123.12	121.58	126.82	127.28
Other Amortization	23.72	24.75	23.3	19.68	13.6
Loss (Gain) From Sale of Assets	-48.66	-81.2	0.44	5.82	6.45
Asset Writedown & Restructuring Costs	-	26.37	-	86.37	28.78
Stock-Based Compensation	8.13	-	-	-	-
Other Operating Activities	-37.37	-24.59	-17.35	-38.42	-3.02
Change in Accounts Receivable	16.87	28.37	-35.24	-1.33	19.66
Change in Inventory	3.57	3.7	-3.3	-1.11	-8.78
Change in Accounts Payable	12.96	-11.83	-27.06	23.37	14.98
Change in Unearned Revenue	5.51	5.85	17.03	-3.6	0.56
Change in Other Net Operating Assets	6.93	0.56	4.9	-13.08	-18.09
Operating Cash Flow	307.68	395.28	288.53	53.11	205.42
Operating Cash Flow Growth	-22.16%	37.00%	443.26%	-74.15%	11.43%
Capital Expenditures	-650.02	-298.39	-333.37	-61.23	-188.24
Sale of Property, Plant & Equipment	228.42	165.94	31.56	53.22	93.63
Investment in Securities	-20	-5	-	-	-
Investing Cash Flow	-441.61	-137.44	-301.81	-8	-94.61
Long-Term Debt Issued	410.63	411.42	701.11	189.76	348.9
Long-Term Debt Repaid	-228.47	-427.88	-497.1	-318.9	-383.66
Net Debt Issued (Repaid)	182.16	-16.46	204	-129.15	-34.76
Issuance of Common Stock	-	-	43.84	53.48	3.46
Repurchase of Common Stock	-	-	-	-0.17	-9.83
Preferred Dividends Paid	-27	-30.91	-34.72	-33.47	-37.33
Common Dividends Paid	-44.82	-29.51	-7.29	-1.98	-9.38
Dividends Paid	-71.82	-60.42	-42.01	-35.45	-46.71
Other Financing Activities	-4.81	-5.4	-7.99	-2.13	1.04
Financing Cash Flow	105.54	-190.58	195.53	-89.68	-136.8
Net Cash Flow	-28.38	67.26	182.24	-44.57	-26
Free Cash Flow	-342.34	96.89	-44.84	-8.12	17.18
Free Cash Flow Growth	-	-	-	-	-79.09%
Free Cash Flow Margin	-42.58%	10.89%	-5.21%	-1.49%	2.67%
Free Cash Flow Per Share	-11.60	3.28	-1.59	-0.41	0.92
Cash Interest Paid	108.65	101.34	48.95	40.84	53.81
Levered Free Cash Flow	-348.82	54.52	-154.07	83.27	62.45
Unlevered Free Cash Flow	-281.7	113.92	-124.2	106.16	91.93
Change in Working Capital	45.83	26.65	-43.67	4.25	8.32

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