NRC Group 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	-92	-1,000	38	-363	-26	-63
Depreciation & Amortization	210	194	211	218	251	273
Loss (Gain) From Sale of Assets	-27	-16	-61	-32	-75	-15
Asset Writedown & Restructuring Costs	-	650	-	356	9	-
Loss (Gain) on Equity Investments	-	18	2	15	-	-
Other Operating Activities	153	155	79	92	38	36
Change in Accounts Receivable	-26	-26	2	-78	66	178
Change in Inventory	10	10	-6	-1	5	238
Change in Accounts Payable	-92	-92	58	146	-23	9
Change in Other Net Operating Assets	-100	138	53	-118	113	-344
Operating Cash Flow	36	31	376	235	358	316
Operating Cash Flow Growth	-74.10%	-91.75%	60.00%	-34.36%	13.29%	345.07%
Capital Expenditures	-26	-49	-35	-47	-25	-34
Sale of Property, Plant & Equipment	41	60	30	55	90	23
Cash Acquisitions	-	4	-17	-24	-47	-123
Divestitures	4	-	97	-	-	-
Investment in Securities	-17	-13	15	-14	16	-
Other Investing Activities	1	1	-1	1	-	-16
Investing Cash Flow	3	3	89	-29	34	-150
Long-Term Debt Issued	-	-	400	-	-	-
Long-Term Debt Repaid	-	-221	-865	-318	-315	-298
Total Debt Repaid	-222	-221	-865	-318	-315	-298
Net Debt Issued (Repaid)	-206	-221	-465	-318	-315	-298
Issuance of Common Stock	1	-	3	4	5	701
Repurchase of Common Stock	-3	-3	-3	-7	-4	-6
Other Financing Activities	157	157	-88	-45	-63	-93
Financing Cash Flow	-51	-67	-553	-366	-377	304
Foreign Exchange Rate Adjustments	5	21	-15	6	2	-14
Miscellaneous Cash Flow Adjustments	-1	-	-	-	-1	-
Net Cash Flow	-8	-12	-103	-154	16	456
Free Cash Flow	10	-18	341	188	333	282
Free Cash Flow Growth	-89.47%	-	81.38%	-43.54%	18.09%	809.68%
Free Cash Flow Margin	0.15%	-0.26%	5.07%	2.67%	5.59%	4.37%
Free Cash Flow Per Share	0.06	-0.19	4.59	2.58	4.57	3.90
Cash Interest Paid	85	84	93	55	78	70
Cash Income Tax Paid	14	8	-3	13	30	10
Levered Free Cash Flow	-418.53	-308.78	273.3	164.38	357.25	177.6
Unlevered Free Cash Flow	-363.53	-256.28	326.43	203.13	397.88	226.98
Change in Working Capital	-208	30	107	-51	161	81

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