First Resources Cash Flow Statement

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

Millions USD. 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	353.93	245.79	145.4	325.2	161.11
Depreciation & Amortization	114.65	83.25	80.45	76.34	81.64
Other Amortization	-	1.55	1.83	2.48	2.52
Loss (Gain) From Sale of Assets	-0.57	1.46	-3.44	-0.09	-1.96
Asset Writedown & Restructuring Costs	3.03	6.14	6.62	1.29	0.03
Provision & Write-off of Bad Debts	-0.08	-0.19	0.58	0.59	-0.27
Other Operating Activities	43.03	14.65	-8.17	0.78	-4.06
Change in Accounts Receivable	-126.45	-37.33	59.87	-20.24	21.28
Change in Inventory	-109.11	-47.78	20.51	-50.34	1.42
Change in Accounts Payable	8.94	43.7	11.72	-9.83	30.49
Operating Cash Flow	286.47	311.24	315.37	326.16	292.19
Operating Cash Flow Growth	-7.96%	-1.31%	-3.31%	11.63%	51.88%
Capital Expenditures	-228.68	-244.72	-351.33	-78.36	-51.15
Sale of Property, Plant & Equipment	6.79	1.84	0.65	0.13	2.64
Cash Acquisitions	-324.36	-	-	-	-
Divestitures	0.03	6.88	22.78	-	-
Sale (Purchase) of Intangibles	-9.19	-8.61	-1.63	-0.03	-0.17
Investment in Securities	-78.66	-	-	-	-
Other Investing Activities	6.23	0.13	-22.38	26.28	47.35
Investing Cash Flow	-627.85	-244.49	-351.92	-51.98	-1.33
Long-Term Debt Issued	877.14	163.42	30.04	-	147.58
Total Debt Issued	877.14	163.42	30.04	-	147.58
Long-Term Debt Repaid	-241.83	-133.57	-95.9	-116.39	-209.13
Total Debt Repaid	-241.83	-133.57	-95.9	-116.39	-209.13
Net Debt Issued (Repaid)	635.31	29.85	-65.87	-116.39	-61.55
Repurchase of Common Stock	-0.38	-16.16	-4.4	-8.01	-1.13
Common Dividends Paid	-129.8	-84.08	-170.98	-85.98	-38.46
Other Financing Activities	23.03	0.23	-45.48	-7.07	0.99
Financing Cash Flow	528.17	-70.16	-286.73	-217.46	-100.15
Foreign Exchange Rate Adjustments	-2.92	-2.02	0.46	-4.4	-0.28
Net Cash Flow	183.87	-5.44	-322.82	52.33	190.42
Free Cash Flow	57.79	66.52	-35.96	247.8	241.05
Free Cash Flow Growth	-13.11%	-	-	2.80%	97.73%
Free Cash Flow Margin	3.48%	6.40%	-3.67%	20.22%	23.35%
Free Cash Flow Per Share	0.04	0.04	-0.02	0.16	0.15
Cash Interest Paid	48.97	12.14	7.13	9.3	14.61
Cash Income Tax Paid	68.93	46.66	79.99	93.98	51.21
Levered Free Cash Flow	18.15	35.82	-143.03	161.76	164.28
Unlevered Free Cash Flow	42.19	44.11	-137.96	168.37	173.47
Change in Working Capital	-226.63	-41.42	92.1	-80.41	53.19

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.