Meren Energy 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	Sep '25 Sep 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	65.4	-279.1	87.1	-60.3	190.7	-17.61
Depreciation & Amortization	155.7	-	62.2	170.6	-	215.6
Loss (Gain) From Sale of Investments	75.8	436.7	-	-	-	-
Loss (Gain) on Equity Investments	-152.6	-187.3	-181	-138.4	-226.9	-240.36
Stock-Based Compensation	1.5	1.5	11.3	9.5	6.3	2.97
Other Operating Activities	8.8	2.1	-4.1	1.6	18.9	30.16
Change in Other Net Operating Assets	29.6	-14.8	-28.8	1.5	0.2	3.9
Operating Cash Flow	184.2	-40.9	-53.3	-15.5	-10.8	-5.35
Capital Expenditures	-49.4	-	-	-	-	-0.09
Sale (Purchase) of Intangibles	-7.7	-7.7	-15.4	-3.3	-4.6	-20.8
Investment in Securities	-29.5	-88.6	-44.4	-24.8	-2	-568.36
Other Investing Activities	72.1	35	174.5	248	194.3	194.98
Investing Cash Flow	365.9	-61.3	114.7	219.9	187.7	-394.27
Long-Term Debt Issued	-	-	-	-	98	250
Long-Term Debt Repaid	-	-0.5	-	-	-239	-110.19
Net Debt Issued (Repaid)	-390.7	-0.5	-	-	-141	139.81
Issuance of Common Stock	-	-	-	-	1.1	-
Repurchase of Common Stock	-14.5	-45.3	-6	-39.9	-0.4	-0.33
Common Dividends Paid	-75.2	-22.6	-23.1	-23.8	-	-
Other Financing Activities	-28.1	-	-	-	-18.2	-28.84
Financing Cash Flow	-508.5	-68.4	-29.1	-63.7	-158.5	110.64
Foreign Exchange Rate Adjustments	-1	-	-	0.1	-	-0.01
Net Cash Flow	40.6	-170.6	32.3	140.8	18.4	-288.99
Free Cash Flow	134.8	-40.9	-53.3	-15.5	-10.8	-5.44
Free Cash Flow Per Share	0.24	-0.09	-0.11	-0.03	-0.02	-0.01
Cash Interest Paid	28.1	-	-	-	18.3	28.84
Levered Free Cash Flow	181.46	-41.21	-31.26	87.11	-25.27	9.67
Unlevered Free Cash Flow	199.03	-38.15	-26.51	89.3	-13.83	28
Change in Working Capital	29.6	-14.8	-28.8	1.5	0.2	3.9

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