Kongsberg Gruppen 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	7,953	5,126	3,712	2,773	2,159
Depreciation & Amortization	1,724	1,213	1,157	1,103	1,082
Other Amortization	-	285	237	167	130
Loss (Gain) From Sale of Assets	-1,206	-	-135	-	-
Asset Writedown & Restructuring Costs	4	23	43	22	11
Loss (Gain) on Equity Investments	-628	-441	-358	-387	-244
Other Operating Activities	1,972	1,822	1,244	923	949
Change in Accounts Receivable	-	-7,136	-4,736	-4,475	-987
Change in Inventory	-	-425	-1,355	-1,187	-174
Change in Unearned Revenue	-	12,691	6,837	3,150	2,170
Change in Income Taxes	-	-865	-1,049	-414	-366
Change in Other Net Operating Assets	2,939	1,451	230	-569	240
Operating Cash Flow	12,758	13,744	5,827	1,106	4,970
Operating Cash Flow Growth	-7.17%	135.87%	426.85%	-77.75%	80.66%
Capital Expenditures	-2,333	-1,840	-1,962	-656	-564
Sale of Property, Plant & Equipment	-	120	49	56	21
Cash Acquisitions	-486	-84	-163	-601	-85
Divestitures	1,365	53	1,115	6	47
Sale (Purchase) of Intangibles	-523	-459	-403	-400	-215
Sale (Purchase) of Real Estate	-	-49	-18	-22	-21
Investment in Securities	-125	-	-	-44	-39
Other Investing Activities	974	497	229	318	87
Investing Cash Flow	-1,128	-1,762	-1,153	-1,343	-769
Long-Term Debt Issued	100	-	1,000	-	500
Long-Term Debt Repaid	-532	-980	-940	-408	-1,878
Net Debt Issued (Repaid)	-432	-980	60	-408	-1,378
Repurchase of Common Stock	-	-100	-347	-583	-408
Common Dividends Paid	-3,870	-2,463	-638	-2,736	-1,440
Other Financing Activities	-479	-319	-344	-275	-193
Financing Cash Flow	-4,781	-3,862	-2,759	-4,002	-3,419
Foreign Exchange Rate Adjustments	-92	198	128	54	-84
Miscellaneous Cash Flow Adjustments	-	-	-	-1	-1
Net Cash Flow	6,757	8,318	2,043	-4,186	697
Free Cash Flow	10,425	11,904	3,865	450	4,406
Free Cash Flow Growth	-12.42%	208.00%	758.89%	-89.79%	102.48%
Free Cash Flow Margin	33.03%	24.36%	9.52%	1.42%	16.05%
Free Cash Flow Per Share	11.85	13.53	4.39	0.51	4.92
Cash Interest Paid	388	319	358	296	208
Cash Income Tax Paid	-	865	1,049	414	366
Levered Free Cash Flow	-2,854	10,633	2,406	177.75	3,609
Unlevered Free Cash Flow	-2,762	10,939	2,618	365.88	3,746
Change in Working Capital	2,939	5,716	-73	-3,495	883

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