Komplett ASA Cash Flow Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	-174	-192	-1,038	-32	300	221
Depreciation & Amortization	258	304	282	209	129	137
Other Amortization	145	80	53	47	-	-
Asset Writedown & Restructuring Costs	-	-	983	-	-	-
Loss (Gain) on Equity Investments	-1	-1	-3	-4	-3	-2
Stock-Based Compensation	-	-	-	-	5	-
Other Operating Activities	132	117	127	24	73	64
Change in Accounts Receivable	-	-	-	-	22	11
Change in Inventory	234	748	-50	958	-423	-36
Change in Other Net Operating Assets	109	22	512	-124	-48	77
Operating Cash Flow	703	1,078	866	1,102	65	472
Operating Cash Flow Growth	4.92%	24.48%	-21.42%	1595.38%	-86.23%	537.68%
Capital Expenditures	-155	-168	-212	-177	-56	-39
Cash Acquisitions	-	-	-	-1,526	-59	-
Other Investing Activities	1	5	4	2	1	-
Investing Cash Flow	-154	-163	-208	-1,701	-114	-39
Short-Term Debt Issued	-	-	-	-	155	-
Long-Term Debt Issued	-	300	1,255	1,500	400	-
Total Debt Issued	-	300	1,255	1,500	555	-
Short-Term Debt Repaid	-	-	-625	-524	-	-324
Long-Term Debt Repaid	-	-549	-1,041	-1,147	-72	-72
Total Debt Repaid	-368	-549	-1,666	-1,671	-72	-396
Net Debt Issued (Repaid)	-368	-249	-411	-171	483	-396
Issuance of Common Stock	-	-	1	987	-	-
Dividends Paid	-	-	-	-	-420	-10
Other Financing Activities	-169	-170	-168	-110	-27	-24
Financing Cash Flow	-537	-419	-578	706	36	-430
Miscellaneous Cash Flow Adjustments	1	-	1	1	-	1
Net Cash Flow	13	496	81	108	-13	4
Free Cash Flow	548	910	654	925	9	433
Free Cash Flow Growth	14.89%	39.14%	-29.30%	10177.78%	-97.92%	989.06%
Free Cash Flow Margin	3.62%	6.09%	4.21%	6.47%	0.08%	4.43%
Free Cash Flow Per Share	3.13	5.19	3.73	8.83	0.18	29.96
Cash Interest Paid	171	171	167	109	14	14
Cash Income Tax Paid	-	9	29	19	-	-
Levered Free Cash Flow	195.19	545.81	509.06	63.75	-141.85	327.01
Unlevered Free Cash Flow	282	635.13	593.63	133.13	-124.25	343.51
Change in Working Capital	343	770	462	834	-449	52

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.