Moreld 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	284.65	-711.29	-126.95
Depreciation & Amortization	1,399	1,053	-
Other Amortization	3.01	16.1	-
Asset Writedown & Restructuring Costs	1.79	-	-
Other Operating Activities	200.32	900.04	-4.22
Change in Accounts Receivable	256.34	2.42	-0.32
Change in Inventory	-9.98	-2.85	-
Change in Accounts Payable	-342.4	-32.1	255.19
Change in Other Net Operating Assets	-378.95	125.82	-122.96
Operating Cash Flow	1,413	1,351	0.74
Operating Cash Flow Growth	4.64%	182927.37%	-
Capital Expenditures	-19.37	-28.77	-
Cash Acquisitions	-11.16	-494.3	-4,760
Sale (Purchase) of Intangibles	-61.15	-34.74	-
Other Investing Activities	-	258.43	-
Investing Cash Flow	-91.67	-299.38	-4,760
Long-Term Debt Issued	1,458	2,288	-
Total Debt Issued	1,458	2,288	5,810
Long-Term Debt Repaid	-2,909	-2,939	-
Net Debt Issued (Repaid)	-1,451	-651.22	5,810
Issuance of Common Stock	51.99	874.18	-
Repurchase of Common Stock	-37.41	-	-
Common Dividends Paid	-224.02	-	-
Other Financing Activities	-6.2	-1.35	62.96
Financing Cash Flow	-1,667	221.61	5,873
Foreign Exchange Rate Adjustments	-63.98	41.46	-
Net Cash Flow	-409.29	1,314	1,114
Free Cash Flow	1,394	1,322	0.74
Free Cash Flow Growth	5.45%	179029.40%	-
Free Cash Flow Margin	14.18%	18.55%	11.49%
Free Cash Flow Per Share	7.79	7.52	-
Cash Interest Paid	100.68	221.64	-
Cash Income Tax Paid	95.82	12.03	-
Levered Free Cash Flow	1,096	1,522	-
Unlevered Free Cash Flow	1,379	1,914	-
Change in Working Capital	-474.99	93.3	131.9

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