FLEX LNG Ltd.
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 FLEX LNG Ltd. generated cash of $175,034,000, which is less than the previous year. Cash used in financing activities reached the amount of -$96,541,000 last year. Net change in cash is therefore $78,143,000.
Cash Flow
| 2014 | -1.26M | -543K | 7.00M |
|---|---|---|---|
| 2015 | -2.80M | -208K | 8K |
| 2016 | -1.07M | -1.20M | 0 |
| 2017 | -17.72M | -77.71M | 103.95M |
| 2018 | 35.71M | -584.43M | 593.85M |
| 2019 | 51.52M | -291.54M | 313.99M |
| 2020 | 89.30M | -691.39M | 603.32M |
| 2021 | 214.84M | -265.93M | 123.10M |
| 2022 | 219.88M | -5K | -88.76M |
| 2023 | 175.03M | -2K | -96.54M |
FLNG Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 332.40M | 201.17M | 128.96M | 129.09M | 55.09M | 9.96M | 1.43M | 3.72M | 6.73M | 1.52M |
Operating activities | ||||||||||
Net income | 120.03M | 188.04M | 162.20M | 8.10M | 16.96M | 11.77M | -10.39M | -1.79M | -2.47M | -2.62M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 73.36M | 72.22M | 69.83M | 41.84M | 28.74M | 17.41M | 2K | 2K | 3K | 1K |
Stock-based compensation expense | 1.74M | 331K | 0 | 284K | 324K | 0 | 115K | 97K | 91K | 215K |
| Deferred income tax benefit | 1.74M | 331K | 0 | 284K | 324K | 0 | 115K | 97K | 91K | 215K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 168K | -1.22M | 1.37M | -5.42M | -995K | -6.54M | 204K | -205K | 53K |
Inventories | 169K | 1.19M | -2.79M | -970K | -1.77M | 126K | -1.04M | 0 | 0 | 0 |
Accounts payable | 1.71M | -222K | -1.35M | 2.79M | -10K | 516K | 272K | 579K | 0 | 0 |
Cash generated by operating activities | 175.03M | 219.88M | 214.84M | 89.30M | 51.52M | 35.71M | -17.72M | -1.07M | -2.80M | -1.26M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -2K | -5K | -265.93M | -691.39M | -291.54M | -584.43M | -77.71M | -1.20M | -209K | -543K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 0 |
Cash generated by investing activities | -2K | -5K | -265.93M | -691.39M | -291.54M | -584.43M | -77.71M | -1.20M | -208K | -543K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 15.42M | 723.55M | 718.28M | 0 | 295.31M | 220.98M | 0 | 8K | 3K |
Payments for dividends | -181.22M | -186.09M | -98.93M | -10.81M | -5.41M | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | -7.78M | -1.66M | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 93.82M | 80.25M | -490.39M | -84.94M | 324.42M | -286.06M | -117M | 0 | 0 | -7M |
Cash used in financing activities | -96.54M | -88.76M | 123.10M | 603.32M | 313.99M | 593.85M | 103.95M | 0 | 8K | 7.00M |
Net Change In Cash | 78.14M | 131.23M | 72.20M | -136K | 74.00M | 45.13M | 8.52M | -2.28M | -3.00M | 5.20M |
Cash at end of period | 410.54M | 332.40M | 201.17M | 128.96M | 129.09M | 55.09M | 9.96M | 1.43M | 3.72M | 6.73M |
| Data source | Data source | Data source | Data source | Data source |