Scatec ASA Cash Flow Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	56	978	1,309	628	-1,334	388
Depreciation & Amortization	1,131	1,100	1,148	878	886	847
Loss (Gain) on Sale of Assets	56	-645	-1,491	-1,276	45	9
Loss (Gain) on Equity Investments	-883	-964	-714	-46	-749	-765
Asset Writedown	80	68	146	64	946	76
Change in Accounts Receivable	-108	-68	-9	18	-	-
Change in Accounts Payable	47	-12	67	-422	-	-
Change in Other Net Operating Assets	198	361	14	551	-45	158
Other Operating Activities	1,690	1,642	2,658	1,805	1,888	1,359
Operating Cash Flow	2,242	2,460	3,128	2,200	1,637	2,072
Operating Cash Flow Growth	-8.38%	-21.36%	42.18%	34.39%	-20.99%	24.00%
Capital Expenditures	-6,857	-6,029	-3,268	-7,344	-2,867	-967
Sale of Property, Plant & Equipment	-	1,965	407	390	-	-
Cash Acquisitions	-	-	-	-	-	-7,848
Investment in Securities	-48	-34	-77	-447	-204	688
Other Investing Activities	1,357	1,351	1,360	627	784	46
Investing Cash Flow	-5,548	-2,747	-1,578	-6,774	-2,287	-8,081
Long-Term Debt Issued	-	10,238	6,153	10,178	3,468	4,742
Long-Term Debt Repaid	-	-5,812	-4,527	-5,193	-1,201	-775
Net Debt Issued (Repaid)	5,808	4,426	1,626	4,985	2,267	3,967
Issuance of Common Stock	80	-	-	-	-	42
Common Dividends Paid	-	-	-	-308	-403	-173
Other Financing Activities	-2,164	-2,143	-2,694	-1,200	-1,643	-1,423
Financing Cash Flow	3,724	2,283	-1,068	3,477	221	2,413
Foreign Exchange Rate Adjustments	-216	-291	340	78	389	-20
Miscellaneous Cash Flow Adjustments	-1	-	-33	-12	-	-1
Net Cash Flow	201	1,705	789	-1,031	-40	-3,617
Free Cash Flow	-4,615	-3,569	-140	-5,144	-1,230	1,105
Free Cash Flow Margin	-127.59%	-98.35%	-3.20%	-151.34%	-40.97%	36.37%
Free Cash Flow Per Share	-28.87	-22.35	-0.88	-32.37	-7.74	6.92
Cash Interest Paid	2,140	2,079	2,360	1,989	1,128	1,195
Cash Income Tax Paid	213	159	162	261	170	234
Levered Free Cash Flow	-4,894	-1,685	-4,647	-5,316	-3,122	-237.13
Unlevered Free Cash Flow	-3,524	-322.25	-3,045	-4,237	-2,232	577.25
Change in Working Capital	137	281	72	147	-45	158

Source: S&P Global Market Intelligence. Utility template. Financial Sources.