Gulf Marine Services PLC (LON:GMS)

Instructure Holdings Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	37.98	41.34	25.33	31	-124.34
Depreciation & Amortization	30.84	27.49	26.33	25.23	28.38
Other Amortization	5.33	4.69	5.61	5.5	3.07
Loss (Gain) From Sale of Assets	-	-	-	-	1.81
Asset Writedown & Restructuring Costs	-9.23	-33.43	-7.79	-14.96	87.16
Loss (Gain) From Sale of Investments	-	-	-0.8	-	1.55
Stock-Based Compensation	-	-	0.05	-0.02	0.17
Provision & Write-off of Bad Debts	2.01	0.21	1.83	0.06	0.01
Other Operating Activities	31.8	43.97	21.4	15.63	45.36
Change in Accounts Receivable	1.89	2	5.61	-17.09	4.87
Change in Accounts Payable	2.95	8.14	5.01	-4.85	-3.77
Operating Cash Flow	103.56	94.4	82.57	40.51	44.27
Operating Cash Flow Growth	9.70%	14.34%	103.81%	-8.49%	-13.78%
Capital Expenditures	-2.79	-3.46	-3.35	-7.9	-5.62
Sale of Property, Plant & Equipment	-	-	-	-	0.86
Other Investing Activities	-5.98	-9.33	-2.96	-3.6	-7.59
Investing Cash Flow	-8.77	-12.79	-6.3	-11.5	-12.35
Long-Term Debt Issued	241.19	2	-	2	21.5
Long-Term Debt Repaid	-280.42	-59.5	-53.97	-33.33	-13.95
Total Debt Repaid	-280.42	-59.5	-53.97	-33.33	-13.95
Net Debt Issued (Repaid)	-39.23	-57.5	-53.97	-31.33	7.55
Issuance of Common Stock	3.9	-	-	27.76	-
Common Dividends Paid	-	-	-	-	-0.65
Other Financing Activities	-28.12	-27.72	-18.29	-20.97	-43.43
Financing Cash Flow	-63.45	-85.22	-72.26	-24.54	-36.52
Net Cash Flow	31.34	-3.61	4	4.47	-4.61
Free Cash Flow	100.77	90.94	79.22	32.61	38.65
Free Cash Flow Growth	10.81%	14.80%	142.91%	-15.61%	-17.25%
Free Cash Flow Margin	60.16%	59.99%	59.49%	28.33%	37.70%
Free Cash Flow Per Share	0.09	0.09	0.08	0.05	0.11
Cash Interest Paid	22.07	27.67	17.7	13.1	28.1
Cash Income Tax Paid	2.4	2.15	1.08	0.85	0.76
Levered Free Cash Flow	64.7	65.61	63.04	12.48	22.73
Unlevered Free Cash Flow	78.5	84.39	73.42	23.54	41.65
Change in Net Working Capital	-4.96	-21.06	-20.07	20.15	-3.78

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