Petrofac Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	-572	-505	-320	-245	-192	73
Depreciation & Amortization	85	88	80	69	124	138
Other Amortization	5	5	10	12	14	-
Asset Writedown & Restructuring Costs	10	10	-10	37	159	100
Loss (Gain) From Sale of Investments	3	8	-1	-1	2	-
Loss (Gain) on Equity Investments	2	-2	-5	-7	-5	-17
Stock-Based Compensation	11	8	6	7	15	18
Provision & Write-off of Bad Debts	8	15	-21	-25	5	16
Other Operating Activities	43	19	-44	80	8	88
Change in Accounts Receivable	262	243	172	289	531	-149
Change in Inventory	3	6	7	-15	4	1
Change in Accounts Payable	100	59	-95	120	-156	161
Change in Unearned Revenue	351	135	81	-40	-153	-231
Change in Other Net Operating Assets	-245	-186	-6	-442	-386	40
Operating Cash Flow	66	-97	-146	-161	-30	238
Operating Cash Flow Growth	-	-	-	-	-	-56.96%
Capital Expenditures	-11	-10	-38	-43	-33	-62
Sale of Property, Plant & Equipment	2	2	1	5	1	-
Cash Acquisitions	-	-4	-2	-	-3	-21
Divestitures	-1	-1	98	9	31	12
Sale (Purchase) of Intangibles	-6	-6	-8	-10	-10	-30
Investment in Securities	13	13	-	-	-	-
Other Investing Activities	33	38	47	77	7	42
Investing Cash Flow	30	32	98	38	-7	-59
Long-Term Debt Issued	-	38	62	1,484	870	1,390
Long-Term Debt Repaid	-	-122	-90	-1,569	-1,065	-1,157
Net Debt Issued (Repaid)	-110	-84	-28	-85	-195	233
Issuance of Common Stock	-	-	-	250	-	-
Repurchase of Common Stock	-	-	-	-2	-11	-33
Common Dividends Paid	-	-	-	-	-	-129
Other Financing Activities	-71	-101	-86	-59	-36	-41
Financing Cash Flow	-181	-185	-114	104	-242	30
Foreign Exchange Rate Adjustments	-4	1	-8	-	4	-
Net Cash Flow	-89	-249	-170	-19	-275	209
Free Cash Flow	55	-107	-184	-204	-63	176
Free Cash Flow Growth	-	-	-	-	-	-61.99%
Free Cash Flow Margin	2.20%	-4.29%	-7.17%	-6.71%	-1.54%	3.18%
Free Cash Flow Per Share	0.11	-0.21	-0.36	-0.56	-0.19	0.51
Cash Interest Paid	71	101	86	36	36	51
Cash Income Tax Paid	23	35	52	42	74	133
Levered Free Cash Flow	398.75	162.63	-104.13	-55.88	407.25	-85.25
Unlevered Free Cash Flow	463.13	233.88	-43.5	-23.38	429.75	-51.5
Change in Working Capital	471	257	159	-88	-160	-178

Updated Sep 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.