Odfjell Technology Cash Flow Statement

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

Millions NOK. 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	328	253.2	344.2	253	116.5
Depreciation & Amortization	247.5	306.9	326.1	266.7	223.9
Other Amortization	42.1	27.4	22.7	13.2	38.9
Loss (Gain) From Sale of Assets	-	-22.3	-26.9	-13.6	-4
Asset Writedown & Restructuring Costs	-	-	-0.8	8.5	-
Loss (Gain) From Sale of Investments	-	-10	-	-	-
Loss (Gain) on Equity Investments	-	-2.2	-5.1	19.9	4.6
Other Operating Activities	-40.5	49.7	-15.2	9.4	-3.3
Change in Accounts Receivable	-	-140.5	-33.2	-103.7	-164.3
Change in Inventory	-	-6.9	-16.1	-4.8	-4.1
Change in Accounts Payable	-	-8.3	65.4	39.5	87
Change in Other Net Operating Assets	4.6	72.7	36.9	79.6	73.9
Operating Cash Flow	581.7	519.7	698	567.7	369.1
Operating Cash Flow Growth	11.93%	-25.54%	22.95%	53.81%	-21.07%
Capital Expenditures	-457.9	-364.5	-237.4	-336.1	-441.7
Sale of Property, Plant & Equipment	43.9	23.9	32.8	16.6	8.4
Cash Acquisitions	-	-36.5	-	-2,313	-
Divestitures	-	-	-	-	-4
Investment in Securities	-42	-	-	-30	-
Other Investing Activities	3.1	1.9	-17.3	-43.3	-0.4
Investing Cash Flow	-452.9	-375.2	-221.9	-2,705	-437.7
Long-Term Debt Issued	308.8	875.8	-	1,296	-
Long-Term Debt Repaid	-35.3	-964.3	-295.1	-20.5	-21.2
Net Debt Issued (Repaid)	273.5	-88.5	-295.1	1,275	-21.2
Issuance of Common Stock	-	-	-	44.7	164.9
Common Dividends Paid	-239.9	-165.1	-100	-176.9	-
Other Financing Activities	-0.1	-	-	1,057	302
Financing Cash Flow	33.5	-253.6	-395.1	2,200	445.7
Foreign Exchange Rate Adjustments	-40.9	26.4	17.7	-0.1	-1.7
Miscellaneous Cash Flow Adjustments	0.1	0.1	-	-0.1	-0.1
Net Cash Flow	121.5	-82.6	98.7	62.3	375.3
Free Cash Flow	123.8	155.2	460.6	231.6	-72.6
Free Cash Flow Growth	-20.23%	-66.31%	98.88%	-	-
Free Cash Flow Margin	2.24%	2.86%	9.17%	5.96%	-2.46%
Free Cash Flow Per Share	3.08	3.82	11.42	5.87	-1.84
Cash Income Tax Paid	89.8	69.3	51.6	21.2	20.8
Levered Free Cash Flow	105.46	25.43	401.66	1,480	-18.1
Unlevered Free Cash Flow	180.21	140.74	501.04	1,550	-14.35
Change in Working Capital	4.6	-83	53	10.6	-7.5

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