NorAm Drilling AS Cash Flow Statement

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

Millions USD. 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	14.17	4.45	22.63	3.01	-19.53
Depreciation & Amortization	5.91	19.68	18.94	18.88	18.31
Change in Receivables	0.1	-1.04	3.51	-8.66	-1.72
Changes in Accounts Payable	5.05	-0.77	-0.22	1.61	1.67
Changes in Income Taxes Payable	-1.86	-0.29	0.08	-	0.43
Changes in Other Operating Activities	-1.4	-0.53	1.59	1.21	-1.1
Operating Cash Flow	21.97	21.5	46.52	16.05	-1.96
Operating Cash Flow Growth	2.15%	-53.78%	189.89%	-	-
Capital Expenditures	-1.49	-3.37	-4.98	-3.36	-3.38
Investing Cash Flow	-1.49	-3.37	-4.98	-3.36	-3.38
Long-Term Debt Repaid	-	-	-	-80	1.78
Net Long-Term Debt Issued (Repaid)	-	-	-	-80	1.78
Issuance of Common Stock	0.01	0.02	-	72	-
Net Common Stock Issued (Repurchased)	0.01	0.02	-	72	-
Common Dividends Paid	-18.47	-21.93	-42.5	-4.38	-
Financing Cash Flow	-18.46	-21.91	-42.5	-12.37	1.78
Net Cash Flow	2.02	-3.78	-0.96	0.32	-3.56
Free Cash Flow	20.48	18.14	41.54	12.69	-5.34
Free Cash Flow Growth	12.91%	-56.34%	227.41%	-	-
FCF Margin	20.25%	17.59%	35.12%	13.29%	-10.59%
Free Cash Flow Per Share	0.47	0.42	0.96	0.45	-0.23
Levered Free Cash Flow	21.03	16.98	34.63	-58.69	-1.14
Unlevered Free Cash Flow	20.67	16.89	34.32	25.14	4.05