Vow Green Metals AS Cash Flow Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-39.67	-25.97	-17.37	-10.73
Depreciation & Amortization	5.06	0.35	0.27	0.04
Other Amortization	0.58	0.43	-	-
Other Operating Activities	1.81	0.08	1.37	1.33
Change in Accounts Receivable	-7.67	-3.96	0.3	-1.31
Change in Inventory	0.07	-0.07	-	-
Change in Other Net Operating Assets	34.52	21.29	2.33	2.98
Operating Cash Flow	-5.3	-7.83	-13.1	-7.69
Capital Expenditures	-159.36	-45.98	-47.2	-73.75
Sale of Property, Plant & Equipment	0.01	-	-	-
Sale (Purchase) of Intangibles	-10.35	-4.93	-4.2	-0.97
Other Investing Activities	-0	0	-	-
Investing Cash Flow	-169.7	-50.91	-51.4	-74.72
Long-Term Debt Issued	141	50	-	-
Long-Term Debt Repaid	-12.71	-0.3	-0.28	-0.02
Net Debt Issued (Repaid)	128.29	49.7	-0.28	-0.02
Issuance of Common Stock	17.87	-	0.39	150.56
Repurchase of Common Stock	-	-	-	-0.03
Other Financing Activities	58.01	7.82	38.81	0
Financing Cash Flow	204.17	57.52	38.92	150.51
Net Cash Flow	29.17	-1.23	-25.58	68.1
Free Cash Flow	-164.67	-53.82	-60.3	-81.44
Free Cash Flow Margin	-76589.30%	-	-	-
Free Cash Flow Per Share	-0.81	-0.33	-0.36	-0.93
Cash Interest Paid	1.99	0.03	-	-
Levered Free Cash Flow	-142.53	-63.86	-59.58	-
Unlevered Free Cash Flow	-140.86	-63.06	-59.56	-
Change in Net Working Capital	-46.51	-2.5	-2.62	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.