Frontline Ltd.
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in …
Oil & Gas Midstream
BM, Hamilton [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 298.00 | 317.00 | 57.00 | 68.00 | -42.00 | 53.00 | 207.00 | 286.00 | 125.00 | 46.00 | 280.00 | 604.00 | 62.00 | 370.00 | 856.00 | |
| Operating Cash (Net) | 298.00 | 317.00 | 57.00 | 68.00 | -42.00 | 53.00 | 207.00 | 286.00 | 125.00 | 46.00 | 280.00 | 604.00 | 62.00 | 370.00 | 856.00 | |
| Accounts Receivable | 15.00 | -7.00 | 10.00 | 13.00 | 11.00 | -12.00 | -21.00 | 4.00 | - - | - - | -13.00 | 21.00 | -22.00 | -59.00 | 14.00 | |
| Accounts Payable | 9.00 | -23.00 | -7.00 | 1.00 | 7.00 | -10.00 | 2.00 | -5.00 | 7.00 | 10.00 | -9.00 | -3.00 | -5.00 | 5.00 | 10.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -18.00 | -34.00 | -40.00 | 19.00 | -24.00 | 17.00 | -4.00 | -15.00 | -2.00 | -38.00 | -3.00 | 44.00 | -35.00 | -132.00 | -8.00 | |
| Other WC | -50.00 | 21.00 | -61.00 | 54.00 | -60.00 | 23.00 | -11.00 | -9.00 | 7.00 | - - | 28.00 | -17.00 | 19.00 | 20.00 | -6.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -69.00 | -260.00 | 425.00 | -2.00 | 8.00 | 21.00 | -459.00 | -396.00 | -722.00 | -199.00 | -190.00 | -715.00 | -363.00 | -239.00 | -1,235.00 | |
| Capital Expenditure | -147.00 | -548.00 | -82.00 | -14.00 | -7.00 | -44.00 | -786.00 | -622.00 | -713.00 | -216.00 | -195.00 | -724.00 | -462.00 | -317.00 | -1,631.00 | |
| Purchases of Investments | - - | 10.00 | -24.00 | -13.00 | -6.00 | - - | - - | - - | -46.00 | -6.00 | - - | - - | - - | -1.00 | -395.00 | |
| Sale/Maturity of Investment | 75.00 | 276.00 | 46.00 | 23.00 | 2.00 | - - | 35.00 | - - | 27.00 | 17.00 | - - | - - | 14.00 | 1.00 | 253.00 | |
| Property, Plant, Equipment (P&PE) | -147.00 | -548.00 | -82.00 | -14.00 | -7.00 | -44.00 | -786.00 | -622.00 | -713.00 | -216.00 | -195.00 | -724.00 | -462.00 | -317.00 | -1,631.00 | |
| Acquisitions (Net) | - - | - - | 129.00 | -13.00 | -5.00 | 2.00 | 87.00 | 173.00 | -18.00 | -6.00 | 3.00 | -14.00 | 5.00 | -1.00 | 142.00 | |
| Other Investing Activities | 2.00 | 1.00 | 356.00 | 14.00 | 25.00 | 64.00 | 240.00 | 225.00 | 28.00 | 5.00 | 2.00 | 23.00 | 80.00 | 80.00 | 1.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -337.00 | -36.00 | -498.00 | -88.00 | -49.00 | -64.00 | -219.00 | -48.00 | -498.00 | -116.00 | -19.00 | -124.00 | -223.00 | -10.00 | -433.00 | |
| Debt Repayment | -508.00 | -453.00 | -552.00 | -88.00 | -74.00 | -147.00 | -545.00 | -237.00 | -130.00 | -116.00 | -54.00 | -444.00 | -224.00 | -603.00 | -1,072.00 | |
| Dividends Paid | -70.00 | -155.00 | -17.00 | - - | - - | - - | -39.00 | -164.00 | -51.00 | - - | -19.00 | -312.00 | - - | -33.00 | -638.00 | |
|
Common Stock
|
- - | - - | - - | - - | - - | 103 | - - | 98 | - - | - - | - - | - - | 52 | - - | - - | |
| Issued | - - | - - | - - | - - | 4.00 | 52.00 | - - | 98.00 | - - | - - | 98.00 | 5.00 | 52.00 | - - | - - | |
| Repurchased | - - | - - | - - | - - | - - | -50.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Other Financing Activities | 240.00 | 645.00 | 70.00 | 227.00 | 19.00 | 29.00 | 804.00 | 352.00 | 680.00 | - - | 94.00 | -7.00 | 396.00 | 646.00 | - - | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 190.00 | 82.00 | 176.00 | 160.00 | 137.00 | 53.00 | 235.00 | 264.00 | 202.00 | 104.00 | 67.00 | 177.00 | 189.00 | 113.00 | 254.00 | |
| End of Period | 82.00 | 176.00 | 160.00 | 137.00 | 53.00 | 64.00 | 264.00 | 202.00 | 104.00 | 67.00 | 177.00 | 189.00 | 113.00 | 254.00 | 308.00 | |
| Change | -108.00 | 94.00 | -16.00 | -22.00 | -83.00 | 10.00 | 28.00 | -62.00 | -98.00 | -36.00 | 109.00 | 12.00 | -76.00 | 141.00 | 53.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 238.00 | 214.00 | 202.00 | 115.00 | 102.00 | 83.00 | 54.00 | 143.00 | 143.00 | 125.00 | 122.00 | 144.00 | 152.00 | 156.00 | 230.00 | |
| Stock Based Compensation | - - | - - | - - | - - | - - | - - | - - | - - | 2.00 | - - | - - | - - | - - | 4.00 | 10.00 | |
| Other | -27.00 | -25.00 | 424.00 | 16.00 | 70.00 | 124.00 | -98.00 | 40.00 | 249.00 | -31.00 | 21.00 | 1.00 | -43.00 | -126.00 | 441.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 151.00 | -231.00 | -25.00 | 54.00 | -49.00 | 8.00 | -579.00 | -336.00 | -587.00 | -170.00 | 84.00 | -120.00 | -399.00 | 52.00 | -775.00 | |
| Cash Conversion Cycle (CCC) | 39.00 | 81.00 | 73.00 | 95.00 | 81.00 | 84.00 | 169.00 | 94.00 | 98.00 | 98.00 | 106.00 | 68.00 | 100.00 | 31.00 | 113.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | 61.00 | - - | - - | - - | - - | - - | - - | - - | - - |