BW LPG Limited (BWLP)

BW LPG Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	303.91	424.96	503.96	239.65	186.94
Depreciation & Amortization	255.93	202.18	217.88	159.43	154.2
Stock-Based Compensation	1.75	2.02	1.7	1.37	0.47
Other Adjustments	-7.92	-14.18	-22.76	6.71	-34.89
Change in Receivables	-24.54	112.69	-112.65	111.99	-1.32
Changes in Inventories	-47.18	111.89	-52.66	-51.21	-39.1
Changes in Accounts Payable	41.2	-91.12	52.7	35.03	33.16
Changes in Income Taxes Payable	-30.18	-19.64	-5.37	-0.73	-0.15
Changes in Other Operating Activities	74.42	20.35	-69.45	3.07	7.99
Operating Cash Flow	567.4	749.14	513.36	505.3	307.3
Operating Cash Flow Growth	-24.26%	45.93%	1.60%	64.43%	-22.74%
Capital Expenditures	-182.3	-602.01	-116.05	-30.16	-171.37
Sale of Property, Plant & Equipment	125.23	64.69	167.59	183.3	194.49
Purchases of Intangible Assets	-0.09	-0.24	-0.63	-0.1	-0.48
Purchases of Investments	-	-30.16	-0.3	-0.02	-
Proceeds from Sale of Investments	-	2.34	-	-	27
Payments for Business Acquisitions	-	-	-	-48.59	4.63
Other Investing Activities	17.72	24.17	17.96	8.12	21.44
Investing Cash Flow	-39.43	-541.21	68.57	112.55	75.72
Short-Term Debt Issued	1,776	2,108	1,021	260.38	23.99
Short-Term Debt Repaid	-1,810	-2,118	-989.88	-306.86	-58.45
Net Short-Term Debt Issued (Repaid)	-33.97	-10.5	31.13	-46.48	-34.46
Long-Term Debt Issued	1,027	610.88	72.07	67.24	218.67
Long-Term Debt Repaid	-1,183	-300.2	-265.17	-443.28	-349.94
Net Long-Term Debt Issued (Repaid)	-155.4	310.68	-193.1	-376.04	-131.27
Issuance of Common Stock	-	1.09	-	-	-
Repurchase of Common Stock	-2.74	-0.1	-23.7	-26.32	-5.54
Net Common Stock Issued (Repurchased)	-2.74	0.99	-23.7	-26.32	-5.54
Common Dividends Paid	-199.86	-388.46	-405.49	-126.71	-99.51
Other Financing Activities	-142.2	-50.78	-54.12	53.45	-38.95
Financing Cash Flow	-534.16	-138.07	-645.29	-522.1	-309.73
Net Cash Flow	-6.19	69.86	-63.36	95.75	73.29
Free Cash Flow	385.11	147.13	397.32	475.14	135.93
Free Cash Flow Growth	161.74%	-62.97%	-16.38%	249.54%	-59.12%
FCF Margin	10.75%	4.13%	13.48%	30.49%	10.95%
Free Cash Flow Per Share	2.54	1.10	2.99	3.51	0.98
Levered Free Cash Flow	164.84	276.13	335.05	-79.69	3.82
Unlevered Free Cash Flow	476.21	86.05	562.19	387.47	208.92

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q