Golden Energy Offshore Services 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 Golden Energy Offshore Services AS generated cash of -$105,980,000, which is less than the previous year. Cash used in financing activities reached the amount of $922,995,000 last year. Net change in cash is therefore $40,273,000.
Cash Flow
| 2014 | 4.55M | -502.46M | 515.23M |
|---|---|---|---|
| 2015 | 20.57M | -14.30M | -16.16M |
| 2016 | 1.56M | -2.44M | 0 |
| 2017 | 41.67M | 0 | -12.97M |
| 2018 | 4.93M | -26.80M | 1.93M |
| 2019 | 36.79M | -74.40M | 26.43M |
| 2020 | 40.64M | -31.66M | -12.90M |
| 2021 | 5.81M | 0 | -5.21M |
| 2022 | -103.85M | -7.27M | 111.02M |
| 2023 | -105.98M | -776.74M | 922.99M |
GEOS.OL Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 957K | 791K | 194.33K | 4.11M | 15.29M | 35.27M | 6.54M | 7.42M | 17.32M | 0 |
Operating activities | ||||||||||
Net income | -8.47M | -57.88M | -63.01M | -156.17M | -17.17M | 75.56M | 2.21M | -100.42M | -117.60M | -2.12M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 33.23M | -93.36M | 18.20M | 112.86M | 23.50M | 29.26M | 15.90M | 122.07M | 138.55M | 16.58M |
Stock-based compensation expense | 0 | 4.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 4.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -40.63M | -200.60M | -47.54M | 67.30M | 26.39M | 0 | 9.47M | 0 | 618.96K | 0 |
Inventories | -11.33M | -549K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -9.30M | 549K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -105.98M | -103.85M | 5.81M | 40.64M | 36.79M | 4.93M | 41.67M | 1.56M | 20.57M | 4.55M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | -74.40M | -26.80M | 0 | -2.44M | -14.30M | -502.46M |
Investments In Property Plant And Equipment | -1.01B | -7.27M | 0 | -31.66M | -74.40M | -26.80M | 0 | -2.44M | -14.30M | -502.46M |
Acquisitions Net | 240.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -776.74M | -7.27M | 0 | -31.66M | -74.40M | -26.80M | 0 | -2.44M | -14.30M | -502.46M |
Financing activities | ||||||||||
Common Stock Issued | 397.87M | 11.64M | 0 | 10.25M | 36.71M | 1.93M | 0 | 0 | 0 | 154.53M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 605.9M | 151.11M | -2.63M | -14.08M | -8.56M | 0 | 0 | 0 | -16.16M | 0 |
Cash used in financing activities | 922.99M | 111.02M | -5.21M | -12.90M | 26.43M | 1.93M | -12.97M | 0 | -16.16M | 515.23M |
Net Change In Cash | 40.27M | 166K | 596.65K | -3.92M | -11.17M | -19.97M | 28.72M | -872.71K | -9.89M | 17.32M |
Cash at end of period | 41.23M | 957K | 790.99K | 194.33K | 4.11M | 15.29M | 35.27M | 6.54M | 7.42M | 17.32M |
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