Veidekke 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	1,350	1,261	1,069	1,092	958	2,108
Depreciation & Amortization	1,117	1,068	1,034	920	907	909
Loss (Gain) From Sale of Assets	-135	-135	-59	-248	-147	-153
Asset Writedown & Restructuring Costs	38	38	10	19	12	-
Stock-Based Compensation	-30	-30	-35	-31	-38	4
Other Operating Activities	-96	-174	-104	87	354	-837
Change in Accounts Receivable	529	529	35	-790	868	-369
Change in Accounts Payable	-763	-763	760	219	-348	-45
Change in Other Net Operating Assets	969	431	229	141	-372	740
Operating Cash Flow	2,979	2,225	2,939	1,409	2,194	2,270
Operating Cash Flow Growth	2.94%	-24.29%	108.59%	-35.78%	-3.35%	26.75%
Capital Expenditures	-657	-695	-844	-785	-751	-819
Sale of Property, Plant & Equipment	221	221	175	356	278	138
Cash Acquisitions	-231	-231	-797	-299	-75	-89
Divestitures	39	39	55	3	135	18
Investment in Securities	-30	333	-397	-7	108	-545
Other Investing Activities	32	17	-211	31	23	6,961
Investing Cash Flow	-631	-316	-2,019	-701	-282	5,664
Short-Term Debt Issued	-	5	-	1	-	28
Long-Term Debt Issued	-	3	-	37	-	4,229
Total Debt Issued	-32	8	-	38	-	4,257
Short-Term Debt Repaid	-	-	-13	-	-16	-
Long-Term Debt Repaid	-	-496	-572	-791	-383	-2,405
Total Debt Repaid	-893	-496	-585	-791	-399	-2,405
Net Debt Issued (Repaid)	-925	-488	-585	-753	-399	1,852
Issuance of Common Stock	-	-	5	-	-	-
Repurchase of Common Stock	-	-	-	-5	-	-
Common Dividends Paid	-1,215	-1,066	-1,046	-945	-776	-337.44
Other Financing Activities	-25	-107	-127	-105	-139	-3,854
Financing Cash Flow	-2,165	-1,661	-1,753	-1,808	-1,314	-5,039
Foreign Exchange Rate Adjustments	14	68	182	-	-3	7
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	76
Net Cash Flow	197	316	-651	-1,100	595	2,978
Free Cash Flow	2,322	1,530	2,095	624	1,443	1,451
Free Cash Flow Growth	6.66%	-26.97%	235.74%	-56.76%	-0.55%	32.88%
Free Cash Flow Margin	5.46%	3.69%	4.86%	1.61%	3.84%	3.80%
Free Cash Flow Per Share	17.05	11.32	15.50	4.61	10.65	10.73
Cash Interest Paid	80	80	76	55	79	47
Cash Income Tax Paid	372	427	308	290	128	81
Levered Free Cash Flow	2,411	1,507	981.38	1,263	1,158	7,449
Unlevered Free Cash Flow	2,459	1,557	1,029	1,306	1,199	7,478
Change in Working Capital	735	197	1,024	-430	148	326

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.