Gjensidige Forsikring ASA (OSL:GJF)

Gjensidige Forsikring ASA Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	6,556	5,141	4,132	3,438	7,141
Depreciation & Amortization	552.8	464.2	451.6	387.4	347.7
Other Amortization	195.7	209.7	208.6	184.8	200.7
Other Operating Activities	-878.9	-1,583	68.2	-1,748	-662.7
Operating Cash Flow	6,444	4,239	4,860	2,262	7,027
Operating Cash Flow Growth	52.02%	-12.78%	114.83%	-67.81%	-4.20%
Capital Expenditures	-163.4	-419.7	-717.3	-565.1	-532.6
Purchase / Sale of Intangible Assets	-	-	-	5.2	-
Cash Acquisitions	-557.1	-27.9	-311.6	-	-867
Other Investing Activities	-	-	-	0.1	-
Investing Cash Flow	-720.5	-447.6	-1,029	2,753	-1,400
Long-Term Debt Issued	-	975.7	358.5	-	864.2
Total Debt Repaid	-470.9	-202.2	-189.4	-233.1	-173.4
Net Debt Issued (Repaid)	-470.9	773.5	169.1	-233.1	690.8
Issuance of Common Stock	708.2	796.8	-	-	200
Repurchases of Common Stock	-26.9	-24.7	-20.7	-22.3	-23.4
Common Dividends Paid	-5,160	-4,505	-4,197	-3,850	-6,945
Other Financing Activities	-35.5	-39.2	-32	-71.4	-29.2
Financing Cash Flow	-4,985	-2,999	-4,080	-4,177	-6,107
Foreign Exchange Rate Adjustments	0.1	-14.7	35.5	8.3	-33.5
Miscellaneous Cash Flow Adjustments	-0.1	-78.4	-	-0.1	-
Net Cash Flow	739.2	699.5	-213.3	847.1	-513.1
Free Cash Flow	6,281	3,820	4,143	1,697	6,494
Free Cash Flow Growth	64.45%	-7.81%	144.10%	-73.87%	-4.80%
Free Cash Flow Margin	13.59%	9.11%	11.00%	5.24%	19.41%
Free Cash Flow Per Share	12.56	7.64	8.28	3.39	12.99
Cash Interest Paid	35.5	39.2	32	71.4	29.5
Cash Income Tax Paid	1,800	1,471	1,998	1,789	1,933
Levered Free Cash Flow	1,187	705.08	-23,963	-39,159	1,972
Unlevered Free Cash Flow	1,595	1,153	-23,711	-38,933	2,140

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