Sea1 Offshore Cash Flow Statement

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

Millions USD. 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	113.75	172.76	174.52	30.9	107.86
Depreciation & Amortization	51.33	49.27	58.09	54.81	55.52
Other Amortization	-	8.51	9.93	9.5	8.02
Loss (Gain) From Sale of Assets	-	25.59	0.18	0.1	-1
Asset Writedown & Restructuring Costs	-	-159.12	-66.97	-	-
Loss (Gain) on Equity Investments	-	0.05	-0.55	-0.45	-0.04
Provision & Write-off of Bad Debts	-	-	-5.77	-	-
Other Operating Activities	-43.96	50.11	-28.21	-7.5	-99.93
Change in Accounts Receivable	7.03	-13.52	-5.92	-2.65	9.17
Change in Other Net Operating Assets	-	-2.58	2.32	-0.53	2.49
Operating Cash Flow	128.15	131.07	137.62	84.17	82.1
Operating Cash Flow Growth	-2.23%	-4.76%	63.50%	2.53%	106.78%
Capital Expenditures	-86.42	-44.69	-22.24	-15.78	-19.1
Sale of Property, Plant & Equipment	114.35	93.73	0.02	0.1	52.46
Sale (Purchase) of Real Estate	-	-	-0.73	-	-
Investment in Securities	-	0.38	2.58	-	-
Other Investing Activities	-0	12.93	-4.56	-8.38	-4.43
Investing Cash Flow	27.93	62.36	-24.94	-24.06	28.93
Long-Term Debt Issued	150	150	-	-	-
Long-Term Debt Repaid	-194.66	-267.35	-113.99	-56.78	-126.2
Total Debt Repaid	-194.66	-267.35	-113.99	-56.78	-126.2
Net Debt Issued (Repaid)	-44.66	-117.35	-113.99	-56.78	-126.2
Common Dividends Paid	-94.18	-72.84	-	-	-
Other Financing Activities	0.56	-32.07	3.11	1.67	11.7
Financing Cash Flow	-138.28	-222.26	-110.88	-55.11	-114.5
Foreign Exchange Rate Adjustments	0.27	-0.19	0.57	-1.89	-7.91
Miscellaneous Cash Flow Adjustments	0	-0	0	-0	-
Net Cash Flow	18.06	-29.02	2.38	3.11	-11.39
Free Cash Flow	41.73	86.38	115.38	68.39	63
Free Cash Flow Growth	-51.70%	-25.13%	68.72%	8.55%	126.97%
Free Cash Flow Margin	15.37%	25.35%	34.34%	24.93%	24.75%
Free Cash Flow Per Share	0.27	0.44	0.48	0.29	0.43
Cash Interest Paid	23.79	26.61	28.76	17.43	23.34
Cash Income Tax Paid	4.21	1.61	-0.58	0.79	-0.36
Levered Free Cash Flow	16.75	53.09	59.76	56.24	30.11
Unlevered Free Cash Flow	33.32	71.32	81.14	70.84	45.23
Change in Working Capital	7.03	-16.1	-3.6	-3.18	11.67

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