Solstad Offshore ASA 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	141	111.98	34.02	-34.88	-125.14
Depreciation & Amortization	47	75.97	108.8	101.16	143.49
Loss (Gain) From Sale of Assets	-63	-63.54	-51.94	-18.26	10.81
Asset Writedown & Restructuring Costs	-	-46.52	29.29	-59.3	5.11
Other Operating Activities	13	47.19	193.3	228.04	130.63
Change in Accounts Receivable	52	-6.84	-36.14	-27.32	3.95
Change in Other Net Operating Assets	-41	-31	29.92	-12.14	-11.8
Operating Cash Flow	149	87.23	263.86	146.75	157.07
Operating Cash Flow Growth	70.81%	-66.94%	79.80%	-6.57%	73.49%
Capital Expenditures	-8	-7.19	-62.16	-62.21	-36.87
Sale of Property, Plant & Equipment	-	0.03	711.32	45.7	32.94
Investment in Securities	-7	6.04	5.07	-	-
Other Investing Activities	32	887.15	0.63	3.97	1.26
Investing Cash Flow	17	886.03	654.86	-12.54	-2.67
Long-Term Debt Issued	-	96.42	-	-	-
Long-Term Debt Repaid	-113	-1,168	-817.95	-58.3	-69.32
Total Debt Repaid	-113	-1,168	-817.95	-58.3	-69.32
Net Debt Issued (Repaid)	-113	-1,072	-817.95	-58.3	-69.32
Issuance of Common Stock	-	-	1.39	-	-
Common Dividends Paid	-4	-	-	-	-
Other Financing Activities	-11	-31.51	-136.69	-108.89	-80.4
Financing Cash Flow	-128	-1,103	-953.25	-167.19	-149.72
Foreign Exchange Rate Adjustments	2	-1.92	6.22	3.65	0.67
Miscellaneous Cash Flow Adjustments	-	-	-	-0	-
Net Cash Flow	40	-132.13	-28.31	-29.33	5.35
Free Cash Flow	141	80.04	201.7	84.54	120.19
Free Cash Flow Growth	76.16%	-60.32%	138.58%	-29.66%	230.43%
Free Cash Flow Margin	48.62%	36.67%	30.39%	18.17%	20.65%
Free Cash Flow Per Share	-	0.97	2.58	1.10	1.60
Cash Interest Paid	11	31.51	136.69	108.89	80.4
Levered Free Cash Flow	89.06	1,149	-1,092	-54.19	21.8
Unlevered Free Cash Flow	111.56	1,180	-988.67	13.26	92.99
Change in Working Capital	11	-37.85	-6.22	-39.46	-7.84

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