Borgestad 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	13.83	45.23	-78.28	-124.81	-24.08	-165.51
Depreciation & Amortization	36.27	34.73	31.75	31.8	33.31	39.89
Loss (Gain) From Sale of Assets	-5.48	-5.48	0.03	-	-	-
Asset Writedown & Restructuring Costs	-	-	90.13	91.71	-38.76	106.03
Loss (Gain) From Sale of Investments	-	-	1.31	-9.54	27.25	-
Other Operating Activities	28.34	24.91	39.32	-3.13	-18.07	-5.71
Change in Accounts Receivable	49.91	49.91	82.67	-36.62	26.65	22.03
Operating Cash Flow	62.91	149.3	166.91	-50.59	6.3	-3.28
Operating Cash Flow Growth	-48.56%	-10.55%	-	-	-	-
Capital Expenditures	-11.55	-7.49	-37.91	-12.41	-19.73	-9.46
Sale of Property, Plant & Equipment	5.97	6.08	1.33	0.14	77.69	0
Sale (Purchase) of Intangibles	-0.41	-0.41	-	-	-	-
Sale (Purchase) of Real Estate	-4.33	-4.33	-	-6.72	-	-
Investment in Securities	-13.19	-13.19	-	9.81	-4.36	-2.21
Other Investing Activities	-	-	-	1.04	1.71	-
Investing Cash Flow	-26.37	-19.34	-36.58	-8.15	55.3	-11.67
Short-Term Debt Issued	-	-	-	58.54	-	19.76
Long-Term Debt Issued	-	-	-	-	65.28	-
Total Debt Issued	63.23	-	-	58.54	65.28	19.76
Short-Term Debt Repaid	-	-24.1	-34.44	-	-81.34	-
Long-Term Debt Repaid	-	-38.09	-330.99	-172.1	-59.14	-46.25
Total Debt Repaid	-64.21	-62.19	-365.43	-172.1	-140.48	-46.25
Net Debt Issued (Repaid)	-0.98	-62.19	-365.43	-113.56	-75.2	-26.49
Issuance of Common Stock	-	-	296.73	215.02	-	-
Common Dividends Paid	-28.05	-	-	-	-	-
Other Financing Activities	-6.58	-	-	-	0	-0.27
Financing Cash Flow	-35.61	-62.19	-68.7	101.46	-75.2	-26.75
Miscellaneous Cash Flow Adjustments	-	-	-	-	-0	-
Net Cash Flow	0.93	67.77	61.63	42.72	-13.59	-41.7
Free Cash Flow	51.36	141.82	129	-63	-13.43	-12.74
Free Cash Flow Growth	-42.81%	9.93%	-	-	-	-
Free Cash Flow Margin	4.68%	12.44%	11.66%	-6.86%	-1.52%	-1.52%
Free Cash Flow Per Share	1.46	4.04	15.18	-22.47	-42.24	-40.07
Cash Income Tax Paid	12.15	12.15	1.68	3.61	-	3
Levered Free Cash Flow	37.53	120.71	-21.53	30.86	-21.52	14.39
Unlevered Free Cash Flow	56.49	137.84	10.91	60.5	11.4	47.09
Change in Working Capital	-10.05	49.91	82.67	-36.62	26.65	22.03

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