SFL Corporation Ltd. (SFL)

SFL Corporation 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	34.31	130.65	83.94	202.77	164.34	-224.43
Depreciation & Amortization	245.96	239.18	214.06	187.83	138.33	111.28
Other Amortization	8.23	7.58	7.73	7.21	6.7	15.68
Loss (Gain) From Sale of Assets	-9.63	-5.37	-18.67	-13.23	-39.41	-4.14
Asset Writedown & Restructuring Costs	34.09	-	7.39	-	1.93	333.15
Loss (Gain) From Sale of Investments	1.97	0.85	1.91	-18.17	-1	22.45
Loss (Gain) on Equity Investments	-2.47	-2.8	-2.85	-2.83	-4.19	-4.29
Other Operating Activities	21.69	12.2	23.41	4.55	33.16	11.47
Change in Accounts Receivable	4.3	4.3	-20.94	-9.03	-4.07	-2.35
Change in Inventory	-5.66	-5.66	4.67	-6.27	-1.32	-0.87
Change in Accounts Payable	4.05	4.05	22.37	6.12	0.45	-2.2
Change in Other Net Operating Assets	-5.66	-15.13	20.07	-3.81	-1.33	20.72
Operating Cash Flow	331.18	369.86	343.09	355.13	293.6	276.48
Operating Cash Flow Growth	10.55%	7.80%	-3.39%	20.96%	6.19%	10.72%
Capital Expenditures	-480.77	-644.86	-264.42	-602.5	-581.62	-55.02
Sale of Property, Plant & Equipment	56.89	22.74	156.2	83.33	183.89	210.92
Divestitures	-	-	-	-	-	14.68
Investment in Securities	-1.75	2.51	2.64	17.91	18.66	52.87
Other Investing Activities	2.1	2.1	1.68	2.17	-9.97	17.92
Investing Cash Flow	-423.53	-617.51	-103.89	-499.09	-389.05	176.34
Long-Term Debt Issued	-	1,398	944.59	959.6	586.75	397.23
Long-Term Debt Repaid	-	-1,109	-1,041	-662.51	-565.44	-759.76
Net Debt Issued (Repaid)	138.77	289.2	-96.04	297.08	21.31	-362.53
Issuance of Common Stock	96.25	96.25	-	-	89.38	61.49
Repurchase of Common Stock	-10.03	-	-10.17	-	-	-
Common Dividends Paid	-143.21	-138.49	-122.99	-111.57	-77.55	-109.39
Other Financing Activities	-19.67	-30.26	-32.86	-7.14	-8.12	-21
Financing Cash Flow	62.11	216.7	-262.07	178.37	25.02	-431.43
Net Cash Flow	-30.24	-30.94	-22.87	34.4	-70.44	21.38
Free Cash Flow	-149.59	-275	78.67	-247.37	-288.03	221.46
Free Cash Flow Growth	-	-	-	-	-	5.27%
Free Cash Flow Margin	-17.55%	-30.76%	10.57%	-37.22%	-56.58%	47.48%
Free Cash Flow Per Share	-1.12	-2.12	0.62	-1.80	-2.07	2.03
Cash Interest Paid	161.24	161.24	148.51	109.68	96.83	131.03
Cash Income Tax Paid	8.29	8.29	1.99	-	-	-
Levered Free Cash Flow	-156.8	-351.93	13.19	-276.82	-332.9	132.31
Unlevered Free Cash Flow	-43.38	-240.95	116.1	-214.02	-275.28	235.53
Change in Working Capital	-2.97	-12.44	26.17	-12.99	-6.27	15.3

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

SEC Filings: 10-K · 10-Q