TORM
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 TORM generated cash of $805,050,000, which is more than the previous year. Cash used in financing activities reached the amount of -$489,394,000 last year. Net change in cash is therefore -$28,460,176.
Cash Flow
| 2014 | 26.9M | 313.02M | -324.40M |
|---|---|---|---|
| 2015 | 213.95M | -158.78M | 75.02M |
| 2016 | 171.14M | -119.40M | -144.02M |
| 2017 | 109.84M | -113.73M | 62.12M |
| 2018 | 70.73M | -175.59M | 95.99M |
| 2019 | 171.09M | -322.82M | 84.49M |
| 2020 | 235.80M | -119.80M | -83.33M |
| 2021 | 47.9M | -290.6M | 297.97M |
| 2022 | 501.91M | 11.27M | -337.57M |
| 2023 | 805.05M | -350.76M | -489.39M |
TRMD Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 323.76M | 144.84M | 89.5M | 56.84M | 124.08M | 132.94M | 75.97M | 168.25M | 38.05M | 29.10M |
Operating activities | ||||||||||
Net income | 647.96M | 562.57M | -42.1M | 88.11M | 166.02M | -34.77M | 2.40M | -107.21M | 142.95M | -211.03M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 152.32M | 139.02M | 130.9M | 121.92M | 110.12M | 114.48M | 114.45M | 122.21M | 67.32M | 96.31M |
Stock-based compensation expense | 22.5M | 2.2M | 2.3M | 1.7M | 1.9M | 0 | 1.9M | 2M | 0 | 100K |
| Deferred income tax benefit | 22.5M | 2.2M | 2.3M | 1.7M | 1.9M | 0 | 1.9M | 2M | 0 | 100K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 45.2M | -158.1M | -44.01M | 13.8M | -3.2M | -8.9M | -13.79M | 20.8M | 11M | 19.6M |
Inventories | 1.22M | -21.81M | -26.9M | 12.4M | 5.1M | -6.2M | -1.6M | -6.1M | 15.6M | 1.7M |
Accounts payable | 3.2M | 182.76M | 4.9M | -20.3M | 22.8M | 11.7M | -4.5M | -5.4M | -11.9M | -15.3M |
Cash generated by operating activities | 805.05M | 501.91M | 47.9M | 235.80M | 171.09M | 70.73M | 109.84M | 171.14M | 213.95M | 26.9M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | -275.56K | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -509.63M | -119.96M | -319.8M | -173.05M | -384.34M | -202.43M | -145.11M | -119.40M | -253.96M | -42.25M |
Acquisitions Net | 0 | 1.07M | 9.64M | 89.92M | -275K | 25.98M | 33.37M | 0 | 77.54M | 0 |
Cash generated by investing activities | -350.76M | 11.27M | -290.6M | -119.80M | -322.82M | -175.59M | -113.73M | -119.40M | -158.78M | 313.02M |
Financing activities | ||||||||||
Common Stock Issued | 6.14M | 8.10M | 2.47M | 788K | 4.20M | 99.99M | 0 | 0 | 14.04M | 0 |
Payments for dividends | -586.38M | -169.28M | 0 | -70.61M | 0 | 0 | -1.24M | -25M | 0 | 0 |
Repurchases of common stock | 0 | -8.10M | 0 | -1.34M | 0 | 0 | 0 | -22.12M | -176K | 0 |
Repayments of term debt | 90.97M | -178.90M | -295.39M | -746.47M | 92.65M | -113.73M | 63.36M | -146.15M | 63.88M | -349.40M |
Cash used in financing activities | -489.39M | -337.57M | 297.97M | -83.33M | 84.49M | 95.99M | 62.12M | -144.02M | 75.02M | -324.40M |
Net Change In Cash | -28.46M | 175.61M | 82.2M | 32.66M | -51.60M | -5.58M | 58.23M | -92.28M | 130.20M | 15.52M |
Cash at end of period | 295.30M | 320.45M | 171.7M | 89.51M | 72.48M | 127.36M | 134.20M | 75.97M | 168.25M | 44.63M |
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