Solstad Maritime ASA Cash Flow Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,619	618.85	-868.27	-1,548
Depreciation & Amortization	746.21	-69.19	1,022	1,069
Loss (Gain) From Sale of Assets	-87.65	-51.11	-152.53	14.8
Asset Writedown & Restructuring Costs	-531.48	-	-642.6	66.05
Other Operating Activities	102.28	1,600	2,104	1,143
Change in Accounts Receivable	301.78	194.75	-389.63	-136.07
Change in Other Net Operating Assets	-17.63	-8.62	-4.94	7.27
Operating Cash Flow	3,132	2,532	1,069	616.75
Operating Cash Flow Growth	23.70%	136.95%	73.26%	-
Capital Expenditures	-681.97	-654.1	-457.59	-238.68
Sale of Property, Plant & Equipment	229.67	6,143	418.34	192.76
Investment in Securities	-8.47	-	-	-
Other Investing Activities	398.88	5.2	3.51	38.38
Investing Cash Flow	-61.9	5,495	-35.74	-7.54
Long-Term Debt Issued	9,536	-	-	-
Long-Term Debt Repaid	-13,859	-7,381	-292.68	-175.05
Net Debt Issued (Repaid)	-4,323	-7,381	-292.68	-175.05
Issuance of Common Stock	2,983	19.54	-	-
Common Dividends Paid	-232.68	-150	-	-
Other Financing Activities	-834.17	-1,088	-826.12	-398.45
Financing Cash Flow	-2,407	-8,600	-1,119	-573.49
Foreign Exchange Rate Adjustments	-31.81	45.66	-93.83	1.19
Miscellaneous Cash Flow Adjustments	-31.39	-51.51	-1,515	-1,499
Net Cash Flow	599.83	-578.83	-1,695	-1,462
Free Cash Flow	2,450	1,878	611.01	378.07
Free Cash Flow Growth	30.47%	207.35%	61.61%	-
Free Cash Flow Margin	47.52%	38.05%	13.03%	10.62%
Free Cash Flow Per Share	5.78	14.80	4.82	-
Cash Interest Paid	834.17	1,088	826.12	398.45
Levered Free Cash Flow	1,293	-445.52	-90.58	-
Unlevered Free Cash Flow	1,939	322.8	569.71	-
Change in Net Working Capital	-539.56	-41.45	324.4	-

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