Havila Shipping 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	10.03	10.38	112.87	-112.7	65.67
Depreciation & Amortization	196.77	146.25	131.63	183.73	203.62
Loss (Gain) From Sale of Assets	-0.17	-7.42	-212.32	-139.41	-0.99
Asset Writedown & Restructuring Costs	-32	-154	-865.02	-226	-235.32
Loss (Gain) on Equity Investments	-6.77	1.93	3.06	6.31	1.29
Other Operating Activities	79.63	198.18	1,041	463.31	64.32
Change in Accounts Receivable	32.03	52.06	0.45	-30.8	33.59
Change in Accounts Payable	-30.7	-17.73	-115.9	72.34	-5.7
Operating Cash Flow	248.83	229.64	95.77	216.77	126.47
Operating Cash Flow Growth	8.36%	139.78%	-55.82%	71.41%	-5.97%
Capital Expenditures	-118.99	-58.75	-48.1	-48.07	-60.5
Investing Cash Flow	-93.07	-32.84	-22.26	-22.22	-34.19
Long-Term Debt Issued	-	499.56	-	-	-
Total Debt Issued	-	499.56	-	-	-
Long-Term Debt Repaid	-85.86	-650.15	-127.55	-144.92	-98.2
Net Debt Issued (Repaid)	-85.86	-150.59	-127.55	-144.92	-98.2
Other Financing Activities	-	-0	-	-	-
Financing Cash Flow	-85.86	-150.59	-127.55	-144.92	-98.2
Foreign Exchange Rate Adjustments	0.47	3.64	4.38	-3.12	0.28
Miscellaneous Cash Flow Adjustments	-	0	-	-	-
Net Cash Flow	70.38	49.86	-49.66	46.52	-5.63
Free Cash Flow	129.84	170.89	47.67	168.71	65.97
Free Cash Flow Growth	-24.02%	258.48%	-71.74%	155.74%	16.85%
Free Cash Flow Margin	20.02%	29.45%	6.82%	24.63%	12.20%
Free Cash Flow Per Share	0.23	6.81	0.08	7.10	0.12
Cash Interest Paid	54.38	59.03	64.52	79.75	56.04
Cash Income Tax Paid	2.11	2.55	3.05	4.6	4.7
Levered Free Cash Flow	154.95	222.03	543.27	-274.46	139.03
Unlevered Free Cash Flow	156.06	223.91	545.25	-271.77	142.98
Change in Working Capital	1.34	34.32	-115.44	41.55	27.89

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