Solstad Maritime ASA Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	236.91	230.49	61.03	-88.13	-175.69
Depreciation & Amortization	74.93	65.68	-6.82	103.77	121.36
Loss (Gain) From Sale of Assets	-1.33	-7.71	-5.04	-15.48	1.68
Asset Writedown & Restructuring Costs	-50.52	-46.78	-	-65.22	7.5
Other Operating Activities	32.72	9	157.79	213.58	129.78
Change in Accounts Receivable	23.69	26.56	19.21	-39.55	-15.45
Change in Other Net Operating Assets	-22.68	-1.55	-0.85	-0.5	0.82
Operating Cash Flow	293.72	275.69	249.7	108.46	70.01
Operating Cash Flow Growth	319.57%	10.41%	130.21%	54.94%	-
Capital Expenditures	-72.83	-60.03	-64.5	-46.45	-27.09
Sale of Property, Plant & Equipment	9.83	20.22	605.84	42.46	21.88
Investment in Securities	-1.8	-0.75	-	-	-
Other Investing Activities	37.92	35.11	0.51	0.36	4.36
Investing Cash Flow	-26.88	-5.45	541.85	-3.63	-0.86
Long-Term Debt Issued	-	839.38	-	-	-
Long-Term Debt Repaid	-	-1,220	-727.86	-29.71	-19.87
Net Debt Issued (Repaid)	-136.92	-380.5	-727.86	-29.71	-19.87
Issuance of Common Stock	67.52	262.53	1.93	-	-
Common Dividends Paid	-44.12	-20.48	-14.79	-	-
Other Financing Activities	-63.29	-73.43	-107.32	-83.85	-45.23
Financing Cash Flow	-176.81	-211.88	-848.05	-113.56	-65.1
Foreign Exchange Rate Adjustments	-0.02	-2.8	4.5	-9.52	0.13
Miscellaneous Cash Flow Adjustments	-3.98	-2.76	-5.08	-153.76	-170.1
Net Cash Flow	86.02	52.8	-57.08	-172.01	-165.91
Free Cash Flow	220.9	215.66	185.19	62.02	42.91
Free Cash Flow Growth	414.74%	16.45%	198.61%	44.52%	-
Free Cash Flow Margin	42.88%	47.52%	38.05%	13.03%	10.62%
Free Cash Flow Per Share	-	0.51	1.46	0.49	-
Cash Interest Paid	75.29	73.43	107.32	83.85	45.23
Levered Free Cash Flow	-	113.82	-43.94	-9.19	-
Unlevered Free Cash Flow	-	170.72	31.83	57.83	-
Change in Net Working Capital	-	-47.49	-4.09	32.93	-

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