Frontline 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 Frontline Ltd. generated cash of $856,181,000, which is more than the previous year. Cash used in financing activities reached the amount of $433,072,000 last year. Net change in cash is therefore $53,797,000.
Cash Flow
| 2014 | 53.39M | 21.75M | -64.82M |
|---|---|---|---|
| 2015 | 207.34M | -459.27M | 219.51M |
| 2016 | 286.01M | -396.75M | 48.61M |
| 2017 | 125.69M | -722.56M | 498.61M |
| 2018 | 46.17M | -199.21M | 116.06M |
| 2019 | 280.18M | -190.57M | 19.85M |
| 2020 | 604.05M | -715.96M | 124.18M |
| 2021 | 62.93M | -363.05M | 223.55M |
| 2022 | 370.89M | -239.47M | 10.02M |
| 2023 | 856.18M | -1.23B | 433.07M |
FRO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 254.52M | 113.07M | 189.64M | 177.37M | 67.90M | 104.88M | 202.40M | 264.52M | 235.80M | 53.75M |
Operating activities | ||||||||||
Net income | 656.41M | 472.71M | -11.14M | 413.00M | 139.98M | -8.39M | -264.32M | 117.51M | 255.38M | -171.66M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 230.94M | 156.20M | 152.98M | 144.39M | 122.49M | 125.03M | 143.66M | 143.07M | 54.52M | 83.72M |
Stock-based compensation expense | 10.71M | 4.7M | 185K | 0 | 400K | 0 | 2.1M | 0 | 0 | 0 |
| Deferred income tax benefit | 10.71M | 4.7M | 185K | 0 | 400K | 0 | 2.1M | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 14.81M | -59.58M | -22.44M | 21.99M | -13.60M | -133K | -506K | 4.28M | -21.03M | -12.46M |
Inventories | -27.67M | -98.55M | -26.71M | 43.85M | -9.8M | -48.80M | -16.99M | -5.41M | 24.87M | 16.47M |
Accounts payable | 10.47M | 5.66M | -5.53M | -3.84M | -9.17M | 10.40M | 7.48M | -5.17M | 2.83M | -10.20M |
Cash generated by operating activities | 856.18M | 370.89M | 62.93M | 604.05M | 280.18M | 46.17M | 125.69M | 286.01M | 207.34M | 53.39M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -1.50M | -357K | -750K | 0 | -6M | -46.1M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.63B | -317.96M | -462.4M | -724.31M | -195.97M | -216.31M | -713.56M | -622.46M | -786.77M | -44.99M |
Acquisitions Net | 142.74M | -1.50M | 5.62M | -14.89M | 3M | -6M | -18.68M | 173.18M | 87.44M | 2.01M |
Cash generated by investing activities | -1.23B | -239.47M | -363.05M | -715.96M | -190.57M | -199.21M | -722.56M | -396.75M | -459.27M | 21.75M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 52.44M | 5.82M | 98.41M | 0 | 0 | 98.2M | 0 | 52.93M |
Payments for dividends | -638.92M | -33.39M | 0 | -312.38M | -19.68M | 0 | -51.4M | -164.55M | -39.22M | 0 |
Repurchases of common stock | 0 | 0 | -357K | 0 | 0 | 0 | 0 | -17K | 0 | -50.39M |
Repayments of term debt | 1.07B | 46.83M | -224.71M | -444.03M | -54.48M | -116.36M | 548.72M | -237.74M | 117.45M | -147.13M |
Cash used in financing activities | 433.07M | 10.02M | 223.55M | 124.18M | 19.85M | 116.06M | 498.61M | 48.61M | 219.51M | -64.82M |
Net Change In Cash | 53.79M | 141.45M | -76.57M | 12.27M | 109.47M | -36.98M | -98.25M | -62.12M | 28.72M | 10.32M |
Cash at end of period | 308.32M | 254.52M | 113.07M | 189.64M | 177.37M | 67.90M | 104.14M | 202.40M | 264.52M | 64.08M |
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