Hafnia Limited (HAFN)

Hafnia Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2021	FY 2020
Period Ending	Dec 31, 2025	Dec 31, 2021	Dec 31, 2020
Net Income	339.68	-55.49	148.78
Depreciation & Amortization	202.13	151.68	156.44
Stock-Based Compensation	3.21	3.15	1.18
Other Adjustments	17.67	52.66	57.63
Change in Receivables	-15.35	-37.46	70.73
Changes in Inventories	25.13	-1.43	1.76
Changes in Accounts Payable	41.33	-5.13	-36.04
Changes in Other Operating Activities	-10.91	-4.44	-2
Operating Cash Flow	602.89	106.39	398.47
Operating Cash Flow Growth	466.69%	-73.30%	-
Capital Expenditures	-146.2	-26.66	-47.58
Sale of Property, Plant & Equipment	75.54	-	11.9
Purchases of Intangible Assets	-	-0.37	-1.02
Purchases of Investments	-311.46	-13.71	-
Proceeds from Sale of Investments	1	-	-
Other Investing Activities	17.4	-47.33	-13.86
Investing Cash Flow	-363.72	-47.88	-50.56
Long-Term Debt Issued	900	641.44	118.94
Long-Term Debt Repaid	-422.77	-622.48	-230.87
Net Long-Term Debt Issued (Repaid)	477.23	18.96	-111.93
Repurchase of Common Stock	-27.66	-	-12.64
Net Common Stock Issued (Repurchased)	-27.66	-	-12.64
Common Dividends Paid	-198.64	-	-98.32
Other Financing Activities	-581.1	-78.11	-115.97
Financing Cash Flow	-330.17	-59.15	-338.86
Net Cash Flow	-90.99	-0.6	9.06
Free Cash Flow	456.69	79.73	350.9
Free Cash Flow Growth	472.83%	-77.28%	-
FCF Margin	20.01%	9.83%	40.14%
Free Cash Flow Per Share	0.91	0.22	0.96
Levered Free Cash Flow	928.39	77.48	109.43
Unlevered Free Cash Flow	478.37	108.74	262.76

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q