Frontline plc (FRO)

Frontline Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	238.02	495.58	656.41	475.54	-14.96	412.88
Depreciation & Amortization	308.08	316.38	212.99	146.04	144.17	134.75
Other Amortization	22.75	22.75	17.98	16.32	16	5.62
Loss (Gain) From Sale of Assets	-112.08	-112.08	-21.96	-4.6	-3.23	-26.69
Loss (Gain) From Sale of Investments	-5.8	-5.8	-31.03	-111.98	-25.19	2.49
Loss (Gain) on Equity Investments	0.6	0.6	-3.38	-14.24	0.72	4.42
Stock-Based Compensation	-2.19	-2.19	10.72	4.7	0.19	-
Other Operating Activities	178.23	24.91	22.95	15.66	-10.38	25.68
Change in Accounts Receivable	7.04	7.04	15.39	-138.08	-26.24	58.62
Change in Inventory	-2.32	-2.32	-28.25	-26.41	-22.93	7.22
Change in Accounts Payable	3.4	3.4	-2.69	36.37	-5.53	-3.84
Change in Other Net Operating Assets	-11.86	-11.86	7.04	-13.99	32.64	-17.09
Operating Cash Flow	623.88	736.41	856.18	385.33	85.26	604.06
Operating Cash Flow Growth	-11.76%	-13.99%	122.19%	351.94%	-85.89%	115.59%
Capital Expenditures	-9.16	-915.25	-1,631	-335.82	-473.76	-724.32
Sale of Property, Plant & Equipment	49.5	431.85	142.74	80	80	24.74
Divestitures	-	-	-	-	5.63	-14.14
Investment in Securities	0.36	-	251.84	-1.51	13.72	-0.75
Other Investing Activities	-	-	1.39	-	-	-1.5
Investing Cash Flow	40.7	-483.4	-1,235	-257.32	-374.42	-715.97
Long-Term Debt Issued	-	2,167	1,609	651.25	403.87	1,377
Total Debt Issued	2,246	2,167	1,609	651.25	403.87	1,377
Long-Term Debt Repaid	-	-1,881	-537.45	-599.96	-228.81	-932.97
Total Debt Repaid	-2,495	-1,881	-537.45	-599.96	-228.81	-932.97
Net Debt Issued (Repaid)	-248.78	286.31	1,072	51.29	175.06	444.03
Issuance of Common Stock	-	-	-	-	52.45	5.83
Common Dividends Paid	-298.32	-434.12	-638.93	-33.39	-	-312.39
Other Financing Activities	-	-	-	-4.46	-	-13.29
Financing Cash Flow	-547.1	-147.8	433.07	13.44	227.51	124.18
Net Cash Flow	117.48	105.21	53.8	141.45	-61.65	12.27
Free Cash Flow	614.72	-178.84	-775.24	49.52	-388.5	-120.26
Free Cash Flow Margin	33.70%	-8.72%	-43.02%	3.46%	-51.84%	-9.85%
Free Cash Flow Per Share	2.76	-0.80	-3.48	0.23	-1.95	-0.61
Cash Interest Paid	274.69	274.69	165.19	83.04	60.48	67.86
Cash Income Tax Paid	4.53	4.53	0.12	0.2	4.99	0.03
Levered Free Cash Flow	520.45	-349.04	-1,032	-63.36	-376.42	-291.3
Unlevered Free Cash Flow	690.13	-165.84	-925.26	-35.18	-348.92	-234.59
Change in Working Capital	-3.74	-3.74	-8.51	-142.11	-22.05	44.91

Updated Aug 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q