Moreld 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-313.86	-711.29	-126.95
Depreciation & Amortization	1,562	1,053	-
Other Amortization	17.22	16.1	-
Other Operating Activities	512.51	900.04	-4.22
Change in Accounts Receivable	-23.65	2.42	-0.32
Change in Inventory	-0.63	-2.85	-
Change in Accounts Payable	-109.5	-32.1	255.19
Change in Other Net Operating Assets	-175.01	125.82	-122.96
Operating Cash Flow	1,471	1,351	0.74
Operating Cash Flow Growth	199165.18%	182927.37%	-
Capital Expenditures	-36.96	-28.77	-
Cash Acquisitions	-117.74	-494.3	-4,760
Sale (Purchase) of Intangibles	-58.28	-34.74	-
Other Investing Activities	258.43	258.43	-
Investing Cash Flow	45.41	-299.38	-4,760
Long-Term Debt Issued	-	2,288	-
Total Debt Issued	1,458	2,288	5,810
Long-Term Debt Repaid	-	-2,939	-
Net Debt Issued (Repaid)	-2,501	-651.22	5,810
Issuance of Common Stock	910.12	874.18	-
Other Financing Activities	15.72	-1.35	62.96
Financing Cash Flow	-1,762	221.61	5,873
Foreign Exchange Rate Adjustments	7.69	41.46	-
Net Cash Flow	-238.34	1,314	1,114
Free Cash Flow	1,434	1,322	0.74
Free Cash Flow Growth	194157.59%	179029.40%	-
Free Cash Flow Margin	14.22%	18.55%	11.49%
Free Cash Flow Per Share	8.03	7.52	-
Cash Interest Paid	252.36	221.64	-
Cash Income Tax Paid	106.09	12.03	-
Levered Free Cash Flow	-	1,522	-
Unlevered Free Cash Flow	-	1,914	-
Change in Working Capital	-308.79	93.3	131.9

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