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 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	234.95	212.95	240.81	61.03	-88.13	-175.69
Depreciation & Amortization	81.05	79.05	69.3	-6.82	103.77	121.36
Loss (Gain) From Sale of Assets	3.71	3.71	-7.96	-5.04	-15.48	1.68
Asset Writedown & Restructuring Costs	-	-	-48.2	-	-65.22	7.5
Other Operating Activities	-28.9	-30.9	7.63	157.79	213.58	129.78
Change in Accounts Receivable	56.74	43.74	54.88	19.21	-39.55	-15.45
Change in Other Net Operating Assets	-79.81	-21.81	-30.04	-0.85	-0.5	0.82
Operating Cash Flow	267.73	286.73	286.43	249.7	108.46	70.01
Operating Cash Flow Growth	-5.21%	0.10%	14.71%	130.21%	54.94%	-
Capital Expenditures	-105.99	-119.99	-63.45	-64.5	-46.45	-27.09
Sale of Property, Plant & Equipment	-0.12	9.88	21.82	605.84	42.46	21.88
Investment in Securities	2.65	1.65	-0.79	-	-	-
Other Investing Activities	35.54	36.54	36.81	0.51	0.36	4.36
Investing Cash Flow	-67.91	-71.91	-5.61	541.85	-3.63	-0.86
Long-Term Debt Issued	-	-	913.42	-	-	-
Long-Term Debt Repaid	-	-146.56	-1,321	-727.86	-29.71	-19.87
Net Debt Issued (Repaid)	-135.56	-146.56	-408.04	-727.86	-29.71	-19.87
Issuance of Common Stock	-	-	286.8	1.93	-	-
Common Dividends Paid	-100.4	-107.4	-	-14.79	-	-
Other Financing Activities	-65.44	-64.44	-94.26	-107.32	-83.85	-45.23
Financing Cash Flow	-301.4	-318.4	-236.56	-848.05	-113.56	-65.1
Foreign Exchange Rate Adjustments	1.08	4.08	-2.8	4.5	-9.52	0.13
Miscellaneous Cash Flow Adjustments	1	0	-	-5.08	-153.76	-170.1
Net Cash Flow	-99.51	-99.51	41.47	-57.08	-172.01	-165.91
Free Cash Flow	161.74	166.74	222.98	185.19	62.02	42.91
Free Cash Flow Growth	-23.34%	-25.22%	20.41%	198.61%	44.52%	-
Free Cash Flow Margin	26.33%	28.74%	40.41%	38.05%	13.03%	10.62%
Free Cash Flow Per Share	-	0.36	0.53	1.46	0.49	-
Cash Interest Paid	60.23	60.23	81.55	107.32	83.85	45.23
Levered Free Cash Flow	19.89	40.09	116.88	-43.94	-9.19	-
Unlevered Free Cash Flow	60.12	82.19	176.74	31.83	57.83	-
Change in Working Capital	-23.07	21.93	24.85	18.36	-40.05	-14.62

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