OSL:LINK 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	84.65	255.57	67.28	-151.11	-77.56
Depreciation & Amortization	400.2	334.98	337.54	296.99	337.71
Loss (Gain) From Sale of Assets	-0	-0.21	-0.25	0.03	-0.09
Asset Writedown & Restructuring Costs	-	-	-	180.36	-
Stock-Based Compensation	10.31	24.69	78.57	47.83	134.51
Other Operating Activities	111.12	-86.16	31.4	-45.56	-12.85
Change in Accounts Receivable	16.18	110.42	-201.03	-204.6	-115.97
Change in Accounts Payable	62.65	-127.29	198.4	144.65	93.53
Change in Other Net Operating Assets	15.63	110.16	20.38	38.85	-3.33
Operating Cash Flow	700.73	622.16	723.2	420.75	355.94
Operating Cash Flow Growth	12.63%	-13.97%	71.89%	18.20%	-2.17%
Capital Expenditures	-7.64	-9.08	-5.86	-6.69	-2.51
Sale of Property, Plant & Equipment	0	0.17	-	-	-
Cash Acquisitions	-1,139	-182.89	-	1.52	-1,869
Divestitures	-	-	-	-	0.06
Sale (Purchase) of Intangibles	-198.68	-141.35	-110.27	-125.65	-137.45
Investment in Securities	-8.05	-	-	-	-
Other Investing Activities	217.64	2,212	-63.99	-109.44	-
Investing Cash Flow	-1,135	1,879	-180.11	-240.26	-2,009
Long-Term Debt Issued	1,162	1,464	-	-	1,670
Total Debt Issued	1,162	1,464	-	-	1,670
Long-Term Debt Repaid	-2,010	-2,227	-133.62	-94.86	-52.28
Total Debt Repaid	-2,010	-2,227	-133.62	-94.86	-52.28
Net Debt Issued (Repaid)	-847.23	-763.25	-133.62	-94.86	1,618
Issuance of Common Stock	23.86	14.42	2.76	6.29	60.81
Repurchase of Common Stock	-	-344.57	-	-	-
Other Financing Activities	-145.36	-140.59	-152.77	-144.47	-110.08
Financing Cash Flow	-968.73	-1,234	-283.63	-233.04	1,568
Foreign Exchange Rate Adjustments	-43.09	103.46	21.93	37.2	-23.84
Miscellaneous Cash Flow Adjustments	0	0	0	-	-
Net Cash Flow	-1,446	1,370	281.38	-15.34	-108.53
Free Cash Flow	693.1	613.08	717.34	414.05	353.44
Free Cash Flow Growth	13.05%	-14.53%	73.25%	17.15%	-0.32%
Free Cash Flow Margin	9.79%	8.77%	11.42%	8.43%	8.01%
Free Cash Flow Per Share	2.25	2.00	2.35	1.39	1.20
Cash Interest Paid	137.21	125.58	150.26	141.97	110.08
Cash Income Tax Paid	119.31	95.26	41.64	58.09	57.22
Levered Free Cash Flow	892	2,687	-2,099	80.06	302.82
Unlevered Free Cash Flow	958.5	2,789	-2,008	174.12	382.52
Change in Working Capital	94.46	93.29	17.76	-21.1	-25.77

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