Panoro Energy ASA Cash Flow Statement

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

Millions USD. 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	31.23	60.68	33.38	19.89	49.32	-5.33
Depreciation & Amortization	53.92	54.33	39.69	35.16	27.55	6.96
Stock-Based Compensation	2	2	1.84	1.59	1.23	0.9
Other Operating Activities	-15.44	-7.62	10.64	30.18	-23.81	-3.71
Change in Accounts Receivable	-7.24	-7.24	10.8	19.19	18.11	0.46
Change in Inventory	8.88	8.88	-22.07	-5.66	6.19	-0.31
Change in Accounts Payable	1.39	1.39	5.57	12.49	-7.21	4.62
Operating Cash Flow	54.77	112.42	79.85	112.61	70.4	0.45
Operating Cash Flow Growth	-32.17%	40.78%	-29.09%	59.96%	15544.00%	-96.34%
Capital Expenditures	-57.73	-103.08	-67.81	-64.31	-55.74	-13.85
Cash Acquisitions	-0.41	-5.76	-2.97	-3.45	-140.48	-
Divestitures	-	-	0.32	-	-	-
Investment in Securities	-	-	0.03	-	-	-
Other Investing Activities	0.14	0.14	0.08	0.06	0.08	0.06
Investing Cash Flow	-57.99	-108.7	-70.36	-67.71	-196.14	-13.79
Long-Term Debt Issued	-	180	15	-	90	-
Long-Term Debt Repaid	-	-100.87	-26.47	-19.03	-16.74	-4.48
Net Debt Issued (Repaid)	79.32	79.13	-11.47	-19.03	73.26	-4.48
Issuance of Common Stock	-	-	-	-	81.24	-
Repurchase of Common Stock	-4.35	-4.35	-	-	-	-
Common Dividends Paid	-27.01	-18.32	-13.17	-	-	-
Other Financing Activities	-19.73	-15.14	10.3	-17.73	-9.9	3.01
Financing Cash Flow	28.23	41.33	-14.35	-36.75	144.59	-1.47
Miscellaneous Cash Flow Adjustments	-	-	-	-0.01	0	-0
Net Cash Flow	25.01	45.05	-4.85	8.14	18.86	-14.82
Free Cash Flow	-2.96	9.34	12.04	48.3	14.66	-13.4
Free Cash Flow Growth	-	-22.43%	-75.07%	229.40%	-	-
Free Cash Flow Margin	-1.24%	3.49%	5.52%	26.79%	12.89%	-55.46%
Free Cash Flow Per Share	-0.02	0.08	0.10	0.42	0.14	-0.19
Cash Income Tax Paid	29.35	20.98	39.26	21.71	16.66	4.31
Levered Free Cash Flow	-10.09	-32.12	36.15	38.06	-37.89	-7.11
Unlevered Free Cash Flow	2.46	-21.72	44.28	44.41	-33.45	-5.91
Change in Working Capital	-16.94	3.03	-5.69	26.02	17.09	4.77

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.