Storebrand ASA 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	-	5,524	3,377	2,376	3,130
Depreciation & Amortization	-	426	828	931	844
Other Amortization	-	382	-	-	-
Change in Other Net Operating Assets	-6,168	-2,646	-44,252	-36,388	-8,839
Other Operating Activities	10,882	-1,350	38,792	35,911	1,376
Operating Cash Flow	4,714	2,336	-1,255	2,830	-3,489
Operating Cash Flow Growth	101.80%	-	-	-	-
Capital Expenditures	-122	-1,687	-127	-137	-292
Cash Acquisitions	-18	-252	-345	-2,405	-408
Investment in Securities	-8	-27	-168	-632	-4
Other Investing Activities	-1	-1	-	1	-
Investing Cash Flow	-149	-654	-640	-3,173	111
Long-Term Debt Issued	22,052	20,547	25,746	29,560	15,275
Total Debt Repaid	-17,705	-19,226	-17,796	-21,429	-8,962
Net Debt Issued (Repaid)	4,347	1,321	7,950	8,131	6,313
Issuance of Common Stock	85	65	300	145	44
Repurchases of Common Stock	-1,501	-1,555	-1,670	-500	-144
Common Dividends Paid	-2,057	-1,847	-1,741	-1,659	-1,522
Other Financing Activities	1,145	-2,812	-2,191	-1,157	-648
Financing Cash Flow	2,019	-4,828	2,648	4,960	4,043
Foreign Exchange Rate Adjustments	271	114	294	-52	68
Net Cash Flow	6,855	-3,032	1,047	4,565	733
Free Cash Flow	4,592	649	-1,382	2,693	-3,781
Free Cash Flow Growth	607.55%	-	-	-	-
Free Cash Flow Margin	19.51%	0.80%	-2.36%	-	-3.17%
Free Cash Flow Per Share	10.70	1.47	-3.02	5.75	-8.10
Cash Interest Paid	-	6,803	5,178	2,621	712
Cash Income Tax Paid	-	1,036	536	152	222
Levered Free Cash Flow	6,664	54,046	25,032	-575,866	45,352
Unlevered Free Cash Flow	9,310	56,530	26,897	-575,033	45,837
Change in Working Capital	-6,168	-2,646	-44,252	-36,388	-8,839

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