NorAm Drilling AS Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	14.81	2.25	19.23	2.98	-18.83	Upgrade
Depreciation & Amortization	5.91	19.68	18.94	18.88	18.31	Upgrade
Other Operating Activities	-2.5	1.91	3.48	0.03	-0.28	Upgrade
Change in Accounts Receivable	0.1	-1.04	3.51	-8.66	-1.72	Upgrade
Change in Accounts Payable	5.05	-0.77	-0.22	1.61	1.67	Upgrade
Change in Other Net Operating Assets	-1.4	-0.53	1.59	1.21	-1.1	Upgrade
Operating Cash Flow	21.97	21.5	46.52	16.05	-1.96	Upgrade
Operating Cash Flow Growth	2.15%	-53.78%	189.89%	-	-	Upgrade
Capital Expenditures	-1.49	-3.37	-4.98	-3.36	-3.38	Upgrade
Investing Cash Flow	-1.49	-3.37	-4.98	-3.36	-3.38	Upgrade
Long-Term Debt Issued	-	-	-	-	1.78	Upgrade
Total Debt Issued	-	-	-	-	1.78	Upgrade
Long-Term Debt Repaid	-	-	-	-80	-	Upgrade
Net Debt Issued (Repaid)	-	-	-	-80	1.78	Upgrade
Issuance of Common Stock	0.01	0.02	-	72	-	Upgrade
Common Dividends Paid	-18.47	-21.93	-42.5	-4.38	-	Upgrade
Financing Cash Flow	-18.46	-21.91	-42.5	-12.37	1.78	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-	-0	-	-	Upgrade
Net Cash Flow	2.02	-3.78	-0.96	0.32	-3.56	Upgrade
Free Cash Flow	20.48	18.14	41.54	12.69	-5.34	Upgrade
Free Cash Flow Growth	12.91%	-56.34%	227.41%	-	-	Upgrade
Free Cash Flow Margin	20.25%	17.59%	35.12%	13.29%	-10.59%	Upgrade
Free Cash Flow Per Share	0.47	0.42	0.95	0.44	-0.23	Upgrade
Cash Income Tax Paid	1.86	0.29	-0.08	-	-0.43	Upgrade
Levered Free Cash Flow	10.36	17.06	20.43	32.68	2	Upgrade
Unlevered Free Cash Flow	10.38	17.11	20.46	36.53	6.5	Upgrade
Change in Working Capital	3.75	-2.34	4.88	-5.84	-1.16	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.