Odfjell Drilling Cash Flow Statement

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

Millions USD. 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	142.8	64.7	222.1	129.6	74.4	143.38
Depreciation & Amortization	194.3	194.9	185.5	171.5	151.2	200.59
Other Amortization	0.1	0.1	-	-	0.1	8.68
Loss (Gain) From Sale of Assets	-	-	-	-0.6	-0.4	-2.53
Asset Writedown & Restructuring Costs	-	-	-163.4	-	-	-
Loss (Gain) on Equity Investments	-	-	-	0.4	0.5	-
Other Operating Activities	16.7	12.7	25.4	-29.4	-11.3	-7.79
Change in Accounts Receivable	-15.3	-15.3	-11.4	-17.1	2.8	13.91
Change in Inventory	-	-	-	-0.4	-0.5	-0.17
Change in Accounts Payable	4.4	4.4	-11.2	13.3	4.7	-3.37
Change in Other Net Operating Assets	29.1	26.2	17.7	-4.7	-6.8	-6.94
Operating Cash Flow	372.1	287.7	264.7	275.2	256.5	345.74
Operating Cash Flow Growth	38.33%	8.69%	-3.82%	7.29%	-25.81%	74.34%
Capital Expenditures	-161	-132	-66.2	-66.6	-102.5	-114.05
Sale of Property, Plant & Equipment	-	-	-	0.9	1	3.13
Cash Acquisitions	-	-	-	-	-	-0.1
Divestitures	-	-	-	-	-0.5	-
Investment in Securities	-	-	-	-1.8	-	-
Other Investing Activities	1.6	1.7	-19.7	-43.5	4.6	-2.11
Investing Cash Flow	-159.4	-130.3	-85.9	-111	-97.4	-113.12
Long-Term Debt Issued	-	91.7	534.9	241.5	-	25
Long-Term Debt Repaid	-	-198.2	-702.9	-335.7	-184.4	-214.03
Net Debt Issued (Repaid)	-109	-106.5	-168	-94.2	-184.4	-189.03
Preferred Dividends Paid	-	-	-	-	-4.3	-4.11
Common Dividends Paid	-125.9	-57.2	-28.4	-	-	-
Dividends Paid	-125.9	-57.2	-28.4	-2.2	-4.3	-4.11
Other Financing Activities	-	-	-	-	-0.1	0
Financing Cash Flow	-234.9	-163.7	-196.4	-171.6	-188.8	-193.14
Foreign Exchange Rate Adjustments	0.6	-4.8	-10.3	-8.5	-4.2	-2.28
Miscellaneous Cash Flow Adjustments	-0.1	-	-0.1	-	-	-0
Net Cash Flow	-21.7	-11.1	-28	-15.9	-33.9	37.2
Free Cash Flow	211.1	155.7	198.5	208.6	154	231.7
Free Cash Flow Growth	25.96%	-21.56%	-4.84%	35.45%	-33.53%	-
Free Cash Flow Margin	24.54%	20.07%	27.10%	32.12%	26.92%	24.92%
Free Cash Flow Per Share	0.88	0.65	0.84	0.88	0.65	0.98
Cash Interest Paid	-	-	-	-	-	66.65
Cash Income Tax Paid	8.3	8.4	6	2.1	1.7	3.19
Levered Free Cash Flow	155.31	118.14	295	186.19	71.49	180.66
Unlevered Free Cash Flow	191.94	160.26	342	220.81	104.36	220.26
Change in Working Capital	18.2	15.3	-4.9	-8.9	0.2	3.43

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