Norconsult 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	FY 2022	FY 2021	FY 2020
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	Dec '20 Dec 31, 2020
Net Income	850	567	674	612	479	429.82
Depreciation & Amortization	551	489	459	404	359	235.26
Other Adjustments	-18	64	-139	-45	-7	-133.41
Change in Receivables	-	98	-308	-194	-27	50.35
Changes in Accounts Payable	-	281	206	179	135	129.11
Changes in Other Operating Activities	-261	-2	30	-14	-21	5.78
Operating Cash Flow	1,123	1,497	922	941	919	716.91
Operating Cash Flow Growth	-24.98%	62.36%	-2.02%	2.39%	28.19%	43.98%
Capital Expenditures	-77	-81	-59	-69	-50	-53.09
Sale of Property, Plant & Equipment	2	1	1	12	8	0.92
Purchases of Intangible Assets	-43	-33	-23	-30	-19	-9.24
Purchases of Investments	-	-	-	-	-	-250
Proceeds from Sale of Investments	147	-	-	-	-	0
Payments for Business Acquisitions	-1,538	-59	-113	-206	-143	-6.96
Other Investing Activities	32	34	30	11	5	5.98
Investing Cash Flow	-1,477	-138	-165	-282	-198	-312.39
Long-Term Debt Issued	1,293	-	-	-	-	-1.52
Long-Term Debt Repaid	-415	-389	-365	-312	-274	0
Net Long-Term Debt Issued (Repaid)	878	-389	-365	-312	-274	-1.52
Issuance of Common Stock	80	51	-	-	11	60.56
Repurchase of Common Stock	-	-	80	-97	-54	-
Net Common Stock Issued (Repurchased)	80	51	80	-97	-43	60.56
Common Dividends Paid	-512	-343	-869	-254	-245	-199.88
Other Financing Activities	-68	-46	-43	-3	-73	-25.01
Financing Cash Flow	377	-728	-1,197	-666	-636	-165.85
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1	14	22	6	-8	0
Net Cash Flow	24	631	-439	-7	84	238.67
Free Cash Flow	1,046	1,416	863	872	869	663.81
Free Cash Flow Growth	-26.13%	64.08%	-1.03%	0.34%	30.91%	47.12%
FCF Margin	9.17%	13.59%	9.01%	10.35%	11.71%	9.58%
Free Cash Flow Per Share	3.42	4.72	3.05	3.04	2.90	-
Levered Free Cash Flow	1,742	794	787	642	491	613.4
Unlevered Free Cash Flow	870.61	1,188	1,151	964.39	875.06	621.6

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.