Reach Subsea ASA
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 Reach Subsea ASA generated cash of $952,728,000, which is more than the previous year. Cash used in financing activities reached the amount of -$487,781,000 last year. Net change in cash is therefore $244,832,000.
Cash Flow
| 2014 | 46.59M | -33.82M | -6.73M |
|---|---|---|---|
| 2015 | 26.35M | -74.61M | 42.88M |
| 2016 | -3.20M | -1.31M | -19.26M |
| 2017 | 19.01M | -12.1M | 61.45M |
| 2018 | 248.96M | -58.15M | -226.49M |
| 2019 | 191.02M | -27.11M | -189.00M |
| 2020 | 268.69M | -2.11M | -200.17M |
| 2021 | 279.21M | 6.96M | -245.13M |
| 2022 | 466.30M | -204.70M | -214.53M |
| 2023 | 952.72M | -208.39M | -487.78M |
REACH.OL Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 191.59M | 149.03M | 105.39M | 38.65M | 63.27M | 98.95M | 30.58M | 54.37M | 59.74M | 53.71M |
Operating activities | ||||||||||
Net income | 289.53M | 98.02M | 73.04M | 51.31M | -16.32M | -3.98M | -27.48M | -23.21M | 1.39M | 24.83M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 623.00M | 353.53M | 239.80M | 208.38M | 187.72M | 278.85M | 54.19M | 24.81M | 23.03M | 13.67M |
Stock-based compensation expense | 2.89M | 1.23M | 0 | 432K | 1.03M | 1.66M | 0 | 604K | 604K | 686K |
| Deferred income tax benefit | 2.89M | 1.23M | 0 | 432K | 1.03M | 1.66M | 0 | 604K | 604K | 686K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -12.53M | -39.87M | -41.16M | -31.62M | 113.91M | 0 | -47.04M | 0 | -40.92M | 0 |
Inventories | 0 | 0 | -1.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 27.03M | 31.45M | -11.86M | 11.07M | -31.26M | 0 | 44.51M | 0 | 0 | 0 |
Cash generated by operating activities | 952.72M | 466.30M | 279.21M | 268.69M | 191.02M | 248.96M | 19.01M | -3.20M | 26.35M | 46.59M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | -1.5M | 0 | -8.64M | 0 |
Investments In Property Plant And Equipment | -202.70M | -167.80M | -1.56M | -2.11M | -33.90M | -47.96M | -10.6M | -1.31M | -65.97M | -25.40M |
Acquisitions Net | 27.65M | -36.89M | -16.19M | 0 | 6.79M | -10.18M | -1.5M | 0 | -8.64M | -5.42M |
Cash generated by investing activities | -208.39M | -204.70M | 6.96M | -2.11M | -27.11M | -58.15M | -12.1M | -1.31M | -74.61M | -33.82M |
Financing activities | ||||||||||
Common Stock Issued | 123.04M | 152.27M | 3.11M | 0 | 0 | 0 | 85.89M | 8.11M | 0 | 1.03M |
Payments for dividends | -45.98M | -40.48M | -21.54M | 0 | -10.04M | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | -1.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 4.2M | -13.44M | -224.97M | -197.99M | -177.23M | -248.85M | -21.05M | -27.37M | 0 | -7.77M |
Cash used in financing activities | -487.78M | -214.53M | -245.13M | -200.17M | -189.00M | -226.49M | 61.45M | -19.26M | 42.88M | -6.73M |
Net Change In Cash | 244.83M | 42.55M | 43.63M | 66.73M | -24.62M | -35.67M | 68.36M | -23.78M | -5.37M | 6.02M |
Cash at end of period | 436.42M | 191.59M | 149.03M | 105.39M | 38.65M | 63.27M | 98.95M | 30.58M | 54.37M | 59.74M |
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