FLEX LNG 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	Jun '25 Jun 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	99.07	117.68	120.04	188.04	162.21	8.11
Depreciation & Amortization	61.04	65.9	65.73	72.22	69.83	41.85
Other Amortization	17.02	12.08	10.13	4.06	4.94	2.4
Stock-Based Compensation	0.42	1.06	1.75	0.33	-1.27	0.28
Other Operating Activities	-1.67	-13.27	-3.44	-59.19	-27.44	27.63
Change in Accounts Receivable	-0.06	-	-	-	-	-
Change in Inventory	0.15	0.27	0.17	1.19	-2.8	-0.97
Change in Accounts Payable	-0.29	-1.51	1.71	-0.22	-1.36	2.79
Change in Other Net Operating Assets	-8.16	0.58	-21.05	13.44	10.74	7.23
Operating Cash Flow	167.52	182.8	175.03	219.88	214.84	89.3
Operating Cash Flow Growth	-8.34%	4.44%	-20.40%	2.34%	140.58%	73.32%
Capital Expenditures	-0	-0	-0	-0.01	-265.93	-691.39
Investing Cash Flow	-0	-0	-0	-0.01	-265.93	-691.39
Long-Term Debt Issued	-	1,699	2,407	1,408	723.56	718.28
Long-Term Debt Repaid	-	-1,702	-2,313	-1,328	-490.39	-84.94
Net Debt Issued (Repaid)	40.85	-3.21	93.83	80.26	233.16	633.34
Issuance of Common Stock	1.03	1.91	-	15.42	-	-
Repurchase of Common Stock	-	-	-	-	-7.79	-1.66
Common Dividends Paid	-162.1	-161.67	-144.98	-159.52	-98.93	-10.82
Other Financing Activities	-4.98	7.37	-9.15	1.65	-3.34	-17.54
Financing Cash Flow	-125.2	-155.61	-96.54	-88.76	123.1	603.32
Foreign Exchange Rate Adjustments	0.17	-0.53	-0.35	0.12	0.2	-1.37
Net Cash Flow	42.48	26.66	78.14	131.23	72.21	-0.14
Free Cash Flow	167.51	182.8	175.03	219.88	-51.09	-602.09
Free Cash Flow Growth	-8.35%	4.44%	-20.39%	-	-	-
Free Cash Flow Margin	47.08%	51.30%	47.18%	63.20%	-14.88%	-366.09%
Free Cash Flow Per Share	3.10	3.38	3.24	4.11	-0.96	-11.09
Cash Interest Paid	105.11	105.11	112.53	63.45	49	37.08
Cash Income Tax Paid	0.13	0.13	0.06	0.1	0.15	0.18
Levered Free Cash Flow	129.87	149.03	137.59	218.79	-84.21	-632.41
Unlevered Free Cash Flow	186.62	198.24	191.62	212.79	-65.5	-592.95
Change in Working Capital	-8.37	-0.66	-19.16	14.41	6.58	9.05

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