Tullow Oil Cash Flow Statement

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

Millions USD. 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	318.4	643	95.9	442.1	214.9
Depreciation & Amortization	376	444.2	436.6	425.8	378.9
Stock-Based Compensation	7.7	6.9	6	5.8	11.6
Other Adjustments	52.5	320.7	523.2	386.1	289.9
Change in Receivables	-78.5	0.7	-36.3	288.4	-17.9
Changes in Inventories	20.5	-25.1	66.6	-48	-41.9
Changes in Accounts Payable	-75.8	49.9	58.7	-193.1	7.5
Changes in Income Taxes Payable	-127.3	-360.3	-274.5	-229.3	-56.1
Operating Cash Flow	334.3	758.5	876.2	1,078	786.9
Operating Cash Flow Growth	-55.93%	-13.43%	-18.70%	36.97%	12.64%
Capital Expenditures	-188	-196.7	-262.3	-263.8	-150.4
Sale of Property, Plant & Equipment	334.2	-	0.7	68.1	132.8
Purchases of Intangible Assets	-7.6	-27.8	-30.2	-42.6	-86.1
Other Investing Activities	10.9	11.4	23.3	-117.9	2
Investing Cash Flow	149.5	-213.1	-268.5	-356.2	-101.7
Long-Term Debt Issued	420.3	-	129.7	-	1,800
Long-Term Debt Repaid	-742.5	-100	-432.2	-100	-2,380
Net Long-Term Debt Issued (Repaid)	-322.2	-100	-302.5	-100	-579.9
Other Financing Activities	-378	-392.2	-440	-452.8	-447.4
Financing Cash Flow	-700.2	-492.2	-742.5	-552.8	-1,027
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-6.5	2.9	-2.5	-1.6	5.8
Net Cash Flow	-216.4	53.2	-134.8	168.8	-342.1
Free Cash Flow	146.3	561.8	613.9	814	636.5
Free Cash Flow Growth	-73.96%	-8.49%	-24.58%	27.89%	32.25%
FCF Margin	17.19%	36.60%	37.57%	45.65%	49.52%
Free Cash Flow Per Share	0.10	0.37	0.42	0.55	0.43
Levered Free Cash Flow	-310.3	-133.4	-387	-359.3	-522.6
Unlevered Free Cash Flow	417.32	13.15	-313.07	-226.89	-59.79