Bavarian Nordic Cash Flow Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2001
Net Income	1,475	-347.38	-464.78	277.52	-346.78	-361.93	181.34	30.6	59.43	25.94	Upgrade
Depreciation & Amortization	553.82	399.25	388.31	360.15	57.05	41.64	37.53	45.36	43.53	44.95	Upgrade
Share-Based Compensation	55.48	49.28	56.86	33	26.45	0	26.8	18.19	26.75	21.32	Upgrade
Other Operating Activities	-965.28	118.9	-338.89	-98.76	-12.63	31.76	-29.6	173.45	-24.37	246.55	Upgrade
Operating Cash Flow	1,119	220.05	-358.5	571.91	-275.91	-288.53	216.07	267.6	105.32	338.75	Upgrade
Operating Cash Flow Growth	408.61%	-	-	-	-	-	-19.26%	154.08%	-68.91%	130.31%	Upgrade
Capital Expenditures	-977.41	-1,381.58	-1,058.45	-706.71	-2,671.01	-211.96	-78.7	-91.52	-59.92	-105.99	Upgrade
Acquisitions	-1,831.57	516.16	575.32	501.88	2,311	10.19	22.34	43.71	28.27	53.6	Upgrade
Change in Investments	-1,962.49	-1,672.32	-2,491.18	-3,488.19	-4,339.41	-2,686.78	-3,058.9	-1,210.6	-1,349.96	-397.81	Upgrade
Other Investing Activities	3,826	1,660	97.36	1,781	3,890	2,906	1,770	810.22	1,203	-53.46	Upgrade
Investing Cash Flow	-945.56	-877.41	-2,876.95	-1,911.53	-809.94	17.09	-1,345.21	-448.18	-178.12	-503.67	Upgrade
Common Stock Issued	1,645	37.92	2,964	2,843	10.32	5.42	248.34	702.11	28.6	265.36	Upgrade
Share Repurchases	-8.99	-9.33	-8.58	-11.1	-4.58	-4.12	-4.25	-2.85	0	0	Upgrade
Other Financing Activities	-917.79	588.57	563.72	-1,518.78	1,100	236.31	360.85	-47.76	-2.03	-49.12	Upgrade
Financing Cash Flow	735.83	635.82	3,536	1,335	1,115	245.84	613.44	657.2	26.57	216.24	Upgrade
Net Cash Flow	901.83	-16.41	306.33	-12.06	30.89	-15.86	-571.08	479.53	-24.29	51.56	Upgrade
Free Cash Flow	141.8	-1,161.52	-1,416.95	-134.8	-2,946.92	-500.49	137.37	176.08	45.4	232.76	Upgrade
Free Cash Flow Growth	-	-	-	-	-	-	-21.99%	287.83%	-80.49%	-	Upgrade
Free Cash Flow Margin	2.01%	-36.86%	-74.66%	-7.28%	-444.83%	-99.97%	10.03%	17.49%	4.45%	19.13%	Upgrade
Free Cash Flow Per Share	1.85	-16.49	-22.45	-2.49	-72.22	-4.09	1.14	1.53	0.42	2.29	Upgrade

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.