TORM
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of TORM generated cash of $805,050,000, which is more than the previous year. Cash used in financing activities reached the amount of -$489,394,000 last year. Net change in cash is therefore -$54,913,000.
Cash Flow
| 2014 | 104.59M | -2.32B | 2.44B |
|---|---|---|---|
| 2015 | 1.47B | -1.09B | 515.53M |
| 2016 | 1.20B | -843.43M | -1.02B |
| 2017 | 681.57M | -705.68M | 389.14M |
| 2018 | 461.00M | -1.14B | 625.59M |
| 2019 | 171.09M | -322.82M | 84.49M |
| 2020 | 235.80M | -119.80M | -83.33M |
| 2021 | 47.94M | -290.59M | 297.97M |
| 2022 | 501.91M | 11.27M | -337.57M |
| 2023 | 805.05M | -370.56M | -489.39M |
0RG4.L Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 320.45M | 144.84M | 89.51M | 56.84M | 124.08M | 824.92M | 523.52M | 1.15B | 233.79M | 0 |
Operating activities | ||||||||||
Net income | 648.26M | 562.75M | -42.08M | 88.11M | 166.02M | -226.65M | 14.93M | -1.00B | 865.67M | 79.98M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 149.31M | 139.02M | 130.85M | 121.92M | 110.12M | 746.06M | 710.15M | 862.55M | 457.81M | 153.81M |
Stock-based compensation expense | 23M | 2.9M | 2.3M | 1.7M | 1.9M | 0 | 11.78M | 14.12M | 0 | 0 |
| Deferred income tax benefit | 23M | 2.9M | 2.3M | 1.7M | 1.9M | 0 | 11.78M | 14.12M | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 45.2M | -158.1M | -37.5M | 14.9M | -2.5M | -67.77M | -76.94M | 128.55M | 41.91M | 0 |
Inventories | 1.2M | -21.8M | -26.9M | 13.20M | 5.1M | -40.40M | -9.92M | -43.08M | 107.19M | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 805.05M | 501.91M | 47.94M | 235.80M | 171.09M | 461.00M | 681.57M | 1.20B | 1.47B | 104.59M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -509.63M | -119.34M | -319.78M | -173.05M | -384.34M | -1.31B | -900.40M | -843.43M | -1.74B | -2.32B |
Acquisitions Net | 0 | 1.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -370.56M | 11.27M | -290.59M | -119.80M | -322.82M | -1.14B | -705.68M | -843.43M | -1.09B | -2.32B |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 4.55B | 0 | 0 | 0 | 1.05B | 0 | 0 |
Payments for dividends | -586.38M | -166.65M | 0 | -70.61M | 0 | 0 | -7.69M | -176.58M | 0 | -6.76M |
Repurchases of common stock | 0 | 0 | 0 | -1.34M | 0 | 0 | 0 | -20.39M | -1.20M | 0 |
Repayments of term debt | 0 | 0 | -295.39M | -12.12M | 0 | -741.19M | 0 | -1.03B | 0 | 0 |
Cash used in financing activities | -489.39M | -337.57M | 297.97M | -83.33M | 84.49M | 625.59M | 389.14M | -1.02B | 515.53M | 2.44B |
Net Change In Cash | -54.91M | 175.61M | 55.33M | 32.66M | -67.24M | -16.24M | 301.39M | -632.63M | 922.36M | 233.79M |
Cash at end of period | 265.54M | 320.45M | 144.84M | 89.51M | 56.84M | 808.68M | 824.92M | 523.52M | 1.15B | 233.79M |
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