ECIT AS
Cash Flow
Last updated:
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 ECIT AS generated cash of $423,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$137,000,000 last year. Net change in cash is therefore $9,000,000.
Cash Flow
| 2018 | 70.22M | -255.01M | 134.78M |
|---|---|---|---|
| 2019 | 129.87M | -118.23M | -19.67M |
| 2020 | 264.58M | -108.71M | -69.67M |
| 2021 | 249M | -319M | 95M |
| 2022 | 327M | -315M | -94M |
| 2023 | 423M | -284M | -137M |
ECIT.OL Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 183M | 265M | 246M | 152.02M | 160.65M | 204.29M |
Operating activities | ||||||
Net income | 110M | 229M | 150M | 164.07M | 58.68M | 67.65M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 196M | 191M | 166M | 134.72M | 104.69M | 37.92M |
Stock-based compensation expense | 6M | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 6M | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 423M | 327M | 249M | 264.58M | 129.87M | 70.22M |
Investing activities | ||||||
Purchases Of Investments | 0 | -55M | -7M | -28.91M | -8.94M | -4.04M |
Investments In Property Plant And Equipment | -26M | -75M | -47M | -49.55M | -34.93M | -244.64M |
Acquisitions Net | -171M | -237M | -276M | -108.48M | -74.36M | -218.38M |
Cash generated by investing activities | -284M | -315M | -319M | -108.71M | -118.23M | -255.01M |
Financing activities | ||||||
Common Stock Issued | 11M | 1M | 385M | 10.67M | 10.75M | 130.18M |
Payments for dividends | -18M | -92M | -144M | -53M | 0 | 0 |
Repurchases of common stock | -28M | -13M | -35M | -17.61M | -3.60M | 0 |
Repayments of term debt | 207M | 26M | -35M | -41.12M | 38.89M | -143K |
Cash used in financing activities | -137M | -94M | 95M | -69.67M | -19.67M | 134.78M |
Net Change In Cash | 9M | -82M | 19M | 94.40M | -8.63M | -43.63M |
Cash at end of period | 192M | 183M | 265M | 246.42M | 152.02M | 160.65M |
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