OSL:VVL Cash Flow Statement

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

Millions NOK. 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	89.31	90.79	77.65	54.2	44.6
Depreciation & Amortization	1.85	1.27	1.42	1.53	1.79
Other Operating Activities	-71.06	1.26	94.43	68.92	-53.69
Operating Cash Flow	20.1	93.32	173.5	124.64	-7.29
Operating Cash Flow Growth	-78.46%	-46.22%	39.20%	-	-
Capital Expenditures	-6.49	-3.86	-1.3	-0.87	-
Investment in Securities	57.4	0.07	-10.1	-33.82	2.66
Other Investing Activities	5.4	4.77	3.36	4.57	1.72
Investing Cash Flow	56.31	0.98	-8.04	-30.12	4.38
Long-Term Debt Issued	500	280	275	350	180.01
Long-Term Debt Repaid	-430	-375	-217	-441.86	-275.06
Net Debt Issued (Repaid)	70	-95	58	-91.86	-95.06
Issuance of Common Stock	-	-	-	50	-
Repurchase of Common Stock	-	-	-26	-14	-
Common Dividends Paid	-36.36	-35.79	-27.76	-24.18	-24.25
Other Financing Activities	-60.1	-61.51	-52.46	-2.07	-14.76
Financing Cash Flow	-26.46	-192.29	-48.22	-82.11	-134.07
Net Cash Flow	49.95	-98	117.25	12.41	-136.98
Free Cash Flow	13.61	89.46	172.2	123.77	-7.29
Free Cash Flow Growth	-84.79%	-48.05%	39.13%	-	-
Free Cash Flow Margin	6.91%	47.15%	100.55%	95.04%	-6.66%
Free Cash Flow Per Share	5.82	38.34	73.27	53.90	-3.19
Cash Interest Paid	215.98	211.05	162.41	41.48	34.66
Cash Income Tax Paid	24.39	19.56	16.89	15.38	13.88

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