Borr Drilling Limited (BORR)

Borr Drilling Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	82.1	22.1	-292.8	-193	-317.6
Depreciation & Amortization	131.2	117.4	116.5	119.6	117.9
Other Amortization	74	66.9	44.6	19.1	34.5
Loss (Gain) From Sale of Assets	-0.4	-0.6	-4.2	-4.8	-19
Asset Writedown & Restructuring Costs	-	-	131.7	-	77.1
Loss (Gain) on Equity Investments	1.2	-4.9	-1.2	-16.1	-9.5
Stock-Based Compensation	9.1	5.6	2.6	0.9	0.7
Other Operating Activities	-97.5	-101	-5.7	-2.7	17.6
Change in Other Net Operating Assets	-122.4	-156.2	71	18.1	43.5
Operating Cash Flow	77.3	-50.7	62.5	-58.9	-54.8
Capital Expenditures	-409.4	-114	-83.3	-18.9	-42.4
Sale of Property, Plant & Equipment	-	-	0.7	2.7	37.7
Investment in Securities	-	-	-	57.1	-115
Other Investing Activities	-	9.8	-	-	-
Investing Cash Flow	-409.4	-104.2	-82.6	40.9	-119.7
Long-Term Debt Issued	672	1,882	150	-	5
Total Debt Issued	672	1,882	150	-	5
Long-Term Debt Repaid	-286.1	-1,801	-355.5	-	-
Net Debt Issued (Repaid)	385.9	80.9	-205.5	-	5
Issuance of Common Stock	2.3	58.9	313.8	46	62.8
Repurchase of Common Stock	-19.9	-0.8	-	-	-
Common Dividends Paid	-76.3	-	-	-	-
Other Financing Activities	-	-	-15.7	-1.2	-2.6
Financing Cash Flow	292	139	92.6	44.8	65.2
Net Cash Flow	-40.1	-15.9	72.5	26.8	-109.3
Free Cash Flow	-332.1	-164.7	-20.8	-77.8	-97.2
Free Cash Flow Margin	-32.86%	-21.34%	-4.69%	-31.72%	-31.61%
Free Cash Flow Per Share	-1.30	-0.66	-0.12	-0.58	-1.29
Cash Interest Paid	186.9	217.4	83.9	57.2	40.1
Cash Income Tax Paid	55.2	38.2	16.2	-0.8	8.6
Levered Free Cash Flow	-227.29	33.58	90.8	7.24	-84.81
Unlevered Free Cash Flow	-113.28	122.03	169.9	62.86	-32.29
Change in Net Working Capital	133.5	87.7	-81.4	-4.6	56.2

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q