Vår Energi ASA (OSL:VAR)

Vår Energi ASA Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	4,307	3,313	3,357	5,856	2,647
Depreciation & Amortization	2,710	1,916	1,423	1,448	1,705
Other Adjustments	-528.4	479.3	731.37	1,195	497.24
Changes in Income Taxes Payable	-2,059	-2,523	-2,463	-2,687	164.44
Changes in Other Operating Activities	178.1	202.98	372.57	-130.29	-403.03
Operating Cash Flow	4,607	3,408	3,420	5,682	4,580
Operating Cash Flow Growth	35.19%	-0.36%	-39.80%	24.06%	162.63%
Capital Expenditures	-2,820	-2,874	-2,641	-2,593	-2,585
Sale of Property, Plant & Equipment	-0.1	90.75	13.6	0.3	24.4
Purchases of Intangible Assets	-	-	-	-	-0.3
Payments for Business Acquisitions	-181.7	-1,394	-	-	-32.21
Other Investing Activities	-116.4	-66.79	-40.69	-70.32	-70.42
Investing Cash Flow	-3,118	-4,244	-2,668	-2,663	-2,633
Short-Term Debt Issued	-1,984	1,970	-500	-4,021	4,494
Net Short-Term Debt Issued (Repaid)	-1,984	1,970	-500	-4,021	4,494
Long-Term Debt Issued	2,589	-	651.36	2,464	-5,335
Long-Term Debt Repaid	-	-	-	-300	-
Net Long-Term Debt Issued (Repaid)	2,589	-	651.36	2,164	-5,335
Common Dividends Paid	-1,170	-1,080	-1,110	-775	-950
Other Financing Activities	-555.5	-441.8	499.34	-271.25	-185.32
Financing Cash Flow	-1,121	448.2	-459.3	-2,903	-1,976
Effect of Exchange Rate Changes on Cash and Cash Equivalents	52.6	-68.08	-2.55	105.53	-19.37
Net Cash Flow	368.3	-387.95	292.85	115.49	-29.46
Free Cash Flow	1,787	533.48	779.24	3,089	1,995
Free Cash Flow Growth	235.04%	-31.54%	-74.77%	54.80%	-
FCF Margin	22.08%	7.16%	11.38%	31.43%	32.86%
Free Cash Flow Per Share	0.72	0.21	0.31	1.24	5000.72
Levered Free Cash Flow	-600.9	-997.43	-2,547	-4,883	-1,305
Unlevered Free Cash Flow	-1,168	-2,905	-2,670	-2,944	-362.46

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.