Nordic Mining ASA 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	-437.85	-115.02	-46.11	202.41	5.37
Depreciation & Amortization	107.76	2.73	0.35	0.16	0.14
Loss (Gain) From Sale of Assets	-	-	-3.24	10.48	-0.19
Loss (Gain) From Sale of Investments	-	-	-	-283.84	-66.37
Stock-Based Compensation	-	-	-	-	0.23
Other Operating Activities	12.84	64.21	10.5	29.25	-0.41
Change in Other Net Operating Assets	-	-	-2.5	-7.29	1.26
Operating Cash Flow	-317.25	-48.09	-40.99	-48.83	-59.97
Capital Expenditures	-171.55	-1,161	-887.72	-234.65	-2.21
Sale of Property, Plant & Equipment	-	-	0.36	-	0.36
Investment in Securities	-	-	-	474.36	-24.03
Other Investing Activities	-	-0	-	-	-0
Investing Cash Flow	-171.55	-1,161	-887.37	239.71	-25.88
Short-Term Debt Issued	-	-	-	132.5	-
Long-Term Debt Issued	566.15	-	-	-	-
Total Debt Issued	566.15	-	-	132.5	-
Long-Term Debt Repaid	-0.75	-0.31	-0.44	-0.15	-0.16
Net Debt Issued (Repaid)	565.4	-0.31	-0.44	132.35	-0.16
Issuance of Common Stock	-	-	1,022	7.43	80
Other Financing Activities	-171.49	1,015	382.94	-202.31	-4.13
Financing Cash Flow	393.91	1,014	1,404	-62.54	75.71
Foreign Exchange Rate Adjustments	-30.45	14.22	-5.79	4.27	-
Miscellaneous Cash Flow Adjustments	-	-	-	0	0
Net Cash Flow	-125.35	-180.21	470.28	132.62	-10.14
Free Cash Flow	-488.8	-1,209	-928.71	-283.48	-62.18
Free Cash Flow Margin	-10238.75%	-	-	-	-
Free Cash Flow Per Share	-4.51	-11.14	-10.26	-21.13	-5.47
Cash Interest Paid	171.1	136.32	88.69	17.44	-
Levered Free Cash Flow	-538.79	-109.62	-872.94	-1,277	-40.31
Unlevered Free Cash Flow	-423.29	-107.69	-854.07	-1,264	-40.29
Change in Working Capital	-	-	-2.5	-7.29	1.26

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