Norske Skog 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	Sep '25 Sep 30, 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	-106	-982	481	2,572	-363	-1,884
Depreciation & Amortization	510	518	514	546	433	437
Loss (Gain) From Sale of Assets	-2	43	-57	-191	-16	-153
Asset Writedown & Restructuring Costs	308	297	88	164	-22	451
Other Operating Activities	-573	482	373	-484	130	1,299
Change in Other Net Operating Assets	184	-52	583	-567	29	399
Operating Cash Flow	93	-15	1,928	2,040	191	549
Operating Cash Flow Growth	-89.99%	-	-5.49%	968.06%	-65.21%	-8.80%
Capital Expenditures	-1,304	-1,558	-3,084	-2,228	-1,021	-632
Sale of Property, Plant & Equipment	10	3	69	28	17	933
Investment in Securities	79	-91	-	245	112	1
Other Investing Activities	594	448	326	-1	1	-
Investing Cash Flow	-621	-1,198	-2,689	-1,956	-891	302
Long-Term Debt Issued	-	1,981	1,366	1,354	1,202	472
Total Debt Issued	179	1,981	1,366	1,354	1,202	472
Long-Term Debt Repaid	-	-2,086	-346	-321	-383	-811
Total Debt Repaid	-477	-2,086	-346	-321	-383	-811
Net Debt Issued (Repaid)	-298	-105	1,020	1,033	819	-339
Issuance of Common Stock	-	-	-	-	388	-
Repurchase of Common Stock	-	-	-415	-	-	-
Common Dividends Paid	-	-	-57	-	-	-516
Other Financing Activities	-	-	1	-	-	-
Financing Cash Flow	-298	-105	549	1,033	1,207	-855
Foreign Exchange Rate Adjustments	-20	32	25	43	2	16
Miscellaneous Cash Flow Adjustments	-1	-	-	1	-	-1
Net Cash Flow	-847	-1,286	-187	1,161	509	11
Free Cash Flow	-1,211	-1,573	-1,156	-188	-830	-83
Free Cash Flow Margin	-12.80%	-17.04%	-11.69%	-1.29%	-8.43%	-0.91%
Free Cash Flow Per Share	-14.28	-18.55	-13.63	-1.99	-8.91	-1.01
Cash Interest Paid	226	230	211	122	107	109
Cash Income Tax Paid	13	-1	598	101	106	102
Levered Free Cash Flow	-572.75	-682.63	-1,610	-519.88	-529.75	1,135
Unlevered Free Cash Flow	-405.25	-550.13	-1,480	-438	-456.63	1,209
Change in Working Capital	184	-52	583	-567	29	399

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.