Northern Ocean Ltd. (OSL: NOL)

Northern Ocean Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	-52.02	-70.9	-92.89	-11.03	-36.51	-8.23
Depreciation & Amortization	46.06	42.89	40.21	42.66	29.58	2.98
Other Amortization	92.37	65.29	0.72	1.98	2.06	1.35
Provision & Write-off of Bad Debts	-	-	-	5.44	-	-
Other Operating Activities	-27.16	-29.94	-2.77	-80.52	-14.09	-2.39
Change in Accounts Receivable	-18.77	-28.75	-19.16	10.77	6.68	-22.89
Change in Unearned Revenue	-57.51	-42.87	-	1.18	8.77	27.94
Change in Other Net Operating Assets	12.86	33.68	21.08	7.71	18	-14.18
Operating Cash Flow	-4.17	-30.59	-52.82	-21.81	14.5	-15.42
Capital Expenditures	-41.92	-48.97	-4.68	-0.21	-41.29	-230.76
Investing Cash Flow	-41.92	-48.97	-4.68	-0.21	-41.29	-230.76
Long-Term Debt Issued	-	60.17	21.78	-	50	200
Long-Term Debt Repaid	-	-	-10	-	-40	-10
Net Debt Issued (Repaid)	-4.94	60.17	11.78	-	10	190
Issuance of Common Stock	59.6	0.96	103.86	-	0.4	98.3
Other Financing Activities	-1.25	-	-0.83	-	-	-2.95
Financing Cash Flow	53.41	61.13	114.8	-	10.4	285.35
Net Cash Flow	7.32	-18.43	57.31	-22.02	-16.4	39.17
Free Cash Flow	-46.09	-79.56	-57.49	-22.02	-26.8	-246.18
Free Cash Flow Margin	-15.20%	-36.66%	-265.41%	-37.90%	-30.63%	-2061.79%
Free Cash Flow Per Share	-0.25	-0.44	-0.50	-0.35	-0.42	-51.99
Cash Interest Paid	-	-	-	18.21	14.12	0.98
Levered Free Cash Flow	67.15	20.42	-21.56	-139.34	50.03	-599.45
Unlevered Free Cash Flow	98.53	48.88	-4.87	-125.82	59.33	-598.72
Change in Net Working Capital	-1.7	-4.69	0.42	138.99	-85.84	366.96

Source: S&P Capital IQ. Standard template. Financial Sources.