Odfjell Technology 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	337	253.2	344.2	253	116.5	130.7
Depreciation & Amortization	228.2	306.9	326.1	266.7	223.9	254.52
Other Amortization	58.1	27.4	22.7	13.2	38.9	2.09
Loss (Gain) From Sale of Assets	-22.3	-22.3	-26.9	-13.6	-4	-12.15
Asset Writedown & Restructuring Costs	-	-	-0.8	8.5	-	-
Loss (Gain) From Sale of Investments	-10	-10	-	-	-	-
Loss (Gain) on Equity Investments	-2.2	-2.2	-5.1	19.9	4.6	-
Other Operating Activities	-34.3	49.7	-15.2	9.4	-3.3	-14.32
Change in Accounts Receivable	-140.5	-140.5	-33.2	-103.7	-164.3	0.38
Change in Inventory	-6.9	-6.9	-16.1	-4.8	-4.1	-1.46
Change in Accounts Payable	-8.3	-8.3	65.4	39.5	87	-6.87
Change in Other Net Operating Assets	31.6	72.7	36.9	79.6	73.9	114.72
Operating Cash Flow	430.4	519.7	698	567.7	369.1	467.62
Operating Cash Flow Growth	-46.19%	-25.54%	22.95%	53.81%	-21.07%	80.23%
Capital Expenditures	-470.1	-364.5	-237.4	-336.1	-441.7	-183.53
Sale of Property, Plant & Equipment	30.4	23.9	32.8	16.6	8.4	16.82
Cash Acquisitions	-4.1	-36.5	-	-2,313	-	-0.86
Divestitures	-	-	-	-	-4	-
Investment in Securities	-42	-	-	-30	-	-
Other Investing Activities	3.1	1.9	-17.3	-43.3	-0.4	-21.09
Investing Cash Flow	-482.7	-375.2	-221.9	-2,705	-437.7	-188.67
Long-Term Debt Issued	-	875.8	-	1,296	-	-
Long-Term Debt Repaid	-	-964.3	-295.1	-20.5	-21.2	-15.63
Net Debt Issued (Repaid)	276	-88.5	-295.1	1,275	-21.2	-15.63
Issuance of Common Stock	-	-	-	44.7	164.9	-
Common Dividends Paid	-240	-165.1	-100	-176.9	-	-383.72
Other Financing Activities	0.1	-	-	1,057	302	183.15
Financing Cash Flow	36.1	-253.6	-395.1	2,200	445.7	-216.2
Foreign Exchange Rate Adjustments	-39.2	26.4	17.7	-0.1	-1.7	-38.67
Miscellaneous Cash Flow Adjustments	0.1	0.1	-	-0.1	-0.1	-
Net Cash Flow	-55.3	-82.6	98.7	62.3	375.3	24.08
Free Cash Flow	-39.7	155.2	460.6	231.6	-72.6	284.08
Free Cash Flow Growth	-	-66.31%	98.88%	-	-	2201.72%
Free Cash Flow Margin	-0.71%	2.86%	9.17%	5.96%	-2.46%	12.13%
Free Cash Flow Per Share	-0.99	3.82	11.42	5.87	-1.84	-
Cash Income Tax Paid	98.3	69.3	51.6	21.2	20.8	25.43
Levered Free Cash Flow	-136.79	25.43	401.66	1,480	-18.1	246.49
Unlevered Free Cash Flow	-34.23	140.74	501.04	1,550	-14.35	249.76
Change in Working Capital	-124.1	-83	53	10.6	-7.5	106.77

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