First Ship Lease Trust Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	8.63	8.26	3.67	13.27	-1.52	6.25
Other Amortization	2.68	3.07	3.08	4.12	6.08	15.53
Loss (Gain) From Sale of Assets	-3.02	-2.28	-0.46	-9.16	-1.09	-4.97
Asset Writedown & Restructuring Costs	-1.97	-1.97	-	0.95	2.72	10.5
Other Operating Activities	0.1	0.25	0.07	0.78	0.56	1.86
Change in Accounts Receivable	0.01	0.21	-0.14	3.54	0.69	8.11
Change in Accounts Payable	-0.02	-0.18	0.31	0.15	-1	-0.06
Change in Unearned Revenue	-	-	-	-	-0.76	0.76
Operating Cash Flow	6.42	7.35	6.53	13.66	5.68	37.97
Operating Cash Flow Growth	5.28%	12.53%	-52.21%	140.42%	-85.03%	-14.54%
Capital Expenditures	13.11	7.11	-1	45.8	54.94	63.07
Other Investing Activities	0.33	0.38	1.21	-0.27	-1.29	0.31
Investing Cash Flow	13.44	7.49	0.21	45.52	53.66	63.38
Long-Term Debt Issued	-	-	-	-	18.95	-
Total Debt Issued	-	-	-	-	18.95	-
Long-Term Debt Repaid	-	-5.12	-3.56	-3.56	-31.5	-40.88
Net Debt Issued (Repaid)	-5.57	-5.12	-3.56	-3.56	-12.55	-40.88
Common Dividends Paid	-	-26.52	-	-28.29	-61.88	-79.56
Other Financing Activities	0.03	-0.57	-1.11	-0.88	-1.43	-2.66
Financing Cash Flow	-5.54	-32.22	-4.68	-32.74	-75.87	-123.09
Net Cash Flow	14.33	-17.39	2.06	26.45	-16.53	-21.74
Free Cash Flow	19.53	14.46	5.53	59.46	60.63	101.04
Free Cash Flow Growth	257.22%	161.41%	-90.70%	-1.93%	-40.00%	219.43%
Free Cash Flow Margin	265.41%	171.00%	64.98%	245.45%	242.75%	209.05%
Free Cash Flow Per Share	0.01	0.01	0.00	0.03	0.03	0.06
Cash Interest Paid	0.47	0.75	1.11	0.88	0.62	2.66
Cash Income Tax Paid	-	0.13	0	0	0.01	0.03
Levered Free Cash Flow	17.68	12.39	3.32	65.56	50.49	133
Unlevered Free Cash Flow	17.92	12.8	3.95	66.04	50.76	134.11
Change in Working Capital	-0.01	0.03	0.17	3.69	-1.07	8.8

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.