2020 Bulkers 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 - 2017
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 - 2017
Net Income	29.6	76.3	25.6	31.9	70.8	Upgrade
Depreciation & Amortization	7.9	9.5	11.6	11.7	11.7	Upgrade
Other Amortization	0.6	1.2	-	-	-	Upgrade
Loss (Gain) From Sale of Assets	-	-40.9	-	-	-	Upgrade
Stock-Based Compensation	0.2	0.2	0.1	0.1	-	Upgrade
Other Operating Activities	-4.5	-3	-	-	-	Upgrade
Change in Accounts Receivable	-0.9	-	1.3	-1.5	-0.3	Upgrade
Change in Accounts Payable	0.1	-0.1	-0.4	0.3	-	Upgrade
Change in Other Net Operating Assets	1.5	-1.1	3	-0.2	1.3	Upgrade
Operating Cash Flow	34.5	42.1	41.2	42.3	83.5	Upgrade
Operating Cash Flow Growth	-18.05%	2.18%	-2.60%	-49.34%	283.03%	Upgrade
Sale of Property, Plant & Equipment	-	125.8	-	-	-	Upgrade
Divestitures	-	0.3	-	-	-	Upgrade
Investing Cash Flow	-	126.1	-	-	-	Upgrade
Long-Term Debt Repaid	-	-96.8	-14.8	-14.8	-14	Upgrade
Net Debt Issued (Repaid)	-	-96.8	-14.8	-14.8	-14	Upgrade
Issuance of Common Stock	0.1	-	3.2	-	0.4	Upgrade
Common Dividends Paid	-28.6	-86	-14.5	-35.9	-64.9	Upgrade
Other Financing Activities	-	-	-	-	-0.9	Upgrade
Financing Cash Flow	-28.5	-182.8	-26.1	-50.7	-79.4	Upgrade
Net Cash Flow	6	-14.6	15.1	-8.4	4.1	Upgrade
Free Cash Flow	34.5	42.1	41.2	42.3	83.5	Upgrade
Free Cash Flow Growth	-18.05%	2.18%	-2.60%	-49.34%	-	Upgrade
Free Cash Flow Margin	53.16%	36.90%	58.19%	55.58%	73.37%	Upgrade
Free Cash Flow Per Share	1.51	1.84	1.82	1.88	3.70	Upgrade
Cash Interest Paid	7.1	9	10.8	9.1	9	Upgrade
Cash Income Tax Paid	0.8	1.3	0.1	-	-	Upgrade
Levered Free Cash Flow	-211.61	53.26	34.39	29.06	56.59	Upgrade
Unlevered Free Cash Flow	-207.46	56.31	41.39	34.94	62.53	Upgrade
Change in Working Capital	0.7	-1.2	3.9	-1.4	1	Upgrade

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