Aker 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	3,930	7,197	3,235	14,177	4,242
Depreciation & Amortization	1,517	1,171	1,231	1,386	816
Loss (Gain) From Sale of Assets	-4,747	13	5,716	-10,669	-1,896
Asset Writedown & Restructuring Costs	1,624	1,218	-	-	-
Loss (Gain) on Equity Investments	208	-4,931	-7,023	-3,693	-383
Other Operating Activities	3,319	3,650	-2,157	-2,173	-3,554
Operating Cash Flow	4,491	9,743	1,537	-2,780	1,796
Operating Cash Flow Growth	-53.91%	533.90%	-	-	-36.02%
Capital Expenditures	-2,547	-1,703	-2,682	-4,691	-5,875
Sale of Property, Plant & Equipment	118	355	273	191	9
Cash Acquisitions	-	1,350	-30	-41	-4,852
Divestitures	166	7,135	-469	-	-
Sale (Purchase) of Intangibles	-498	-380	-501	-	-
Investment in Securities	-8,681	-2,165	969	1,600	1,092
Other Investing Activities	-	1	1	-1	3,290
Investing Cash Flow	-11,442	4,593	-2,439	-2,942	-6,336
Long-Term Debt Issued	11,587	15,811	2,378	5,506	18,115
Long-Term Debt Repaid	-6,257	-22,022	-4,285	-5,623	-12,701
Net Debt Issued (Repaid)	5,330	-6,211	-1,907	-117	5,414
Issuance of Common Stock	29	700	3	-	2
Repurchase of Common Stock	-93	-	-	-10	-
Common Dividends Paid	-3,929	-3,789	-2,229	-1,077	-1,745
Other Financing Activities	-3,958	-1,062	67	5,524	10,800
Financing Cash Flow	-2,621	-10,362	-4,066	3,243	14,471
Foreign Exchange Rate Adjustments	-113	166	180	899	47
Miscellaneous Cash Flow Adjustments	-	1	1	-	-
Net Cash Flow	-9,685	4,141	-4,787	-1,580	9,978
Free Cash Flow	1,944	8,040	-1,145	-7,471	-4,079
Free Cash Flow Growth	-75.82%	-	-	-	-
Free Cash Flow Margin	10.59%	62.39%	-17.06%	-28.34%	-45.77%
Free Cash Flow Per Share	26.17	108.21	-15.41	-100.56	-54.91
Cash Interest Paid	1,838	2,403	1,643	950	1,090
Cash Income Tax Paid	135	-29	110	88	-79
Levered Free Cash Flow	1,086	-5,482	-5,348	2,091	-4,541
Unlevered Free Cash Flow	3,221	-3,371	-4,156	2,896	-4,013

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