OSL:RING Cash Flow Statement

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

Millions NOK. 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	734	703.6	461.6	420.6	445.5
Depreciation & Amortization	-	13	13	14	16
Other Operating Activities	322	764.4	-164.6	-277.6	85.5
Operating Cash Flow	1,056	1,481	310	157	547
Operating Cash Flow Growth	-28.70%	377.74%	97.45%	-71.30%	330.71%
Capital Expenditures	-31	-	-	-	-5
Sale of Property, Plant and Equipment	7	6	-	11	9
Investment in Securities	7	-273	-101	-196	-65
Other Investing Activities	57	36	111	64	111
Investing Cash Flow	40	-231	10	-121	50
Short-Term Debt Issued	-	-	-	-	60
Long-Term Debt Issued	250	300	1,300	1,750	820
Total Debt Issued	250	300	1,300	1,750	880
Short-Term Debt Repaid	-	-	-	-	-560
Long-Term Debt Repaid	-654	-1,138	-1,383	-1,405	-656
Total Debt Repaid	-654	-1,138	-1,383	-1,405	-1,216
Net Debt Issued (Repaid)	-404	-838	-83	345	-336
Issuance of Common Stock	-	150	200	-	-
Common Dividends Paid	-482	-313	-205	-253	-34
Other Financing Activities	-218	-242	-219	-128	-87
Financing Cash Flow	-1,104	-1,243	-307	-36	-601
Net Cash Flow	-8	7	13	1	-4
Free Cash Flow	1,025	1,481	310	157	542
Free Cash Flow Growth	-30.79%	377.74%	97.45%	-71.03%	721.21%
Free Cash Flow Margin	70.74%	109.30%	29.05%	16.86%	58.47%
Free Cash Flow Per Share	65.49	94.73	19.77	10.03	34.66
Cash Interest Paid	-	956	742	323	148
Cash Income Tax Paid	-	115	115	115	97

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.