SFL Corporation 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 SFL Corporation Ltd. generated cash of $343,089,000, which is less than the previous year. Cash used in financing activities reached the amount of -$262,065,000 last year. Net change in cash is therefore -$22,870,000.
Cash Flow
| 2014 | 132.40M | -21.94M | -118.28M |
|---|---|---|---|
| 2015 | 258.40M | -205.78M | -33.26M |
| 2016 | 230.07M | 39.39M | -277.26M |
| 2017 | 177.79M | 48.36M | -135.48M |
| 2018 | 200.97M | -866.56M | 724.93M |
| 2019 | 249.70M | -169.88M | -89.20M |
| 2020 | 276.47M | 176.33M | -431.43M |
| 2021 | 293.59M | -389.05M | 25.01M |
| 2022 | 355.12M | -499.08M | 178.36M |
| 2023 | 343.08M | -103.89M | -262.06M |
SFL Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 188.36M | 153.96M | 224.39M | 203.01M | 212.39M | 153.05M | 62.38M | 70.17M | 50.81M | 58.64M |
Operating activities | ||||||||||
Net income | 83.93M | 202.76M | 164.34M | -224.42M | 89.17M | 73.62M | 101.20M | 146.40M | 200.83M | 122.81M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 214.06M | 198.31M | 151.70M | 126.96M | 129.76M | 115.51M | 95.91M | 103.94M | 78.08M | 76.68M |
Stock-based compensation expense | 0 | 1.4M | 1M | 900K | 800K | 400K | 400K | 400K | 0 | 0 |
| Deferred income tax benefit | 0 | 1.4M | 1M | 900K | 800K | 400K | 400K | 400K | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -24.06M | -9.03M | -4.07M | -2.35M | -1.60M | 9.60M | -9.03M | -1.49M | 1.19M | 5.10M |
Inventories | 4.66M | -6.27M | -1.31M | -873K | 613K | -3.42M | -42K | -27K | -2.52M | -320K |
Accounts payable | 22.37M | 6.11M | 447K | -2.19M | 1.5M | 2.37M | -742K | 394K | -1.57M | -1.09M |
Cash generated by operating activities | 343.08M | 355.12M | 293.59M | 276.47M | 249.70M | 200.97M | 177.79M | 230.07M | 258.40M | 132.40M |
Investing activities | ||||||||||
Purchases Of Investments | -275K | 0 | -1.31M | 195.25M | -18.19M | -24.16M | -4.01M | -25.48M | -20.72M | -7.87M |
Investments In Property Plant And Equipment | -264.41M | -602.49M | -581.62M | -120.04M | -39.32M | -1.13B | -81.66M | -188.14M | -496.66M | -395.19M |
Acquisitions Net | 156.2M | 2.91M | 9.99M | 46.14M | 15.92M | 83.48M | 27.32M | 193.51M | 111.09M | 88.58M |
Cash generated by investing activities | -103.89M | -499.08M | -389.05M | 176.33M | -169.88M | -866.56M | 48.36M | 39.39M | -205.78M | -21.94M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 89.28M | 61.48M | 0 | 0 | 88K | 0 | 675K | 0 |
Payments for dividends | -122.99M | -111.57M | -77.55M | -109.39M | -150.65M | -149.26M | -152.90M | -168.28M | -162.59M | -152.14M |
Repurchases of common stock | -10.17M | 0 | -215.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -96.03M | 297.08M | -21.31M | -362.52M | 107.48M | -887.63M | 49.07M | -104.2M | 135.81M | 41.58M |
Cash used in financing activities | -262.06M | 178.36M | 25.01M | -431.43M | -89.20M | 724.93M | -135.48M | -277.26M | -33.26M | -118.28M |
Net Change In Cash | -22.87M | 34.40M | -70.43M | 21.38M | -9.37M | 59.34M | 90.67M | -7.79M | 19.35M | -7.82M |
Cash at end of period | 165.49M | 188.36M | 153.96M | 224.39M | 203.01M | 212.39M | 153.05M | 62.38M | 70.17M | 50.81M |
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