← TORM plc

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net Income — — — — — — $562.8m $648.3m $612.5m $285.3m
Net Income From Continuing Operations — — — — — — $562.6m $648.0m $611.5m $286.0m
Depreciation — — — — — $130.9m — — — —
Depreciation Amortization Depletion — — — — — — $139.0m $149.3m $192.0m $214.5m
Adjustments For Deferred Tax Of Prior Periods ($100k) ($100k) $100k — — ($100k) — — — —
Deferred Income Tax — — — — — — ($5.9m) $4.0m ($2.0m) $9.2m
Deferred Tax — — — — — — ($5.9m) $4.0m ($2.0m) $9.2m
Adjustments For Share-Based Payments $2.0m $1.9m $0 $1.9m $1.7m $2.3m $2.2m $22.5m $30.2m $34.1m
Asset Impairment Charge — — — — — $4.6m $2.6m $0 $0 —
Adjustments For Income Tax Expense $760k $777k $1.6m $784k $1.4m $1.3m ($5.9m) $4.0m ($2.0m) $9.2m
Earnings (Loss)es From Equity Investments — — — — — $104k ($200k) $0 $0 —
Additional Financial Items
Adjustments For Current Tax Of Prior Period ($300k) ($100k) ($100k) ($400k) $100k ($100k) ($100k) $0 ($1.0m) ($300k)
Adjustments For Finance Costs $37.3m $40.6m $39.3m $41.9m $49.9m $42.4m $48.8m $60.9m $74.1m $74.4m
Adjustments For Finance Income $2.8m $4.3m $3.3m $2.8m $536k — $4.0m $14.3m $24.8m $13.3m
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates $176k $3k $189k ($422k) ($242k) — — — — —
Adjustments For Unrealised Foreign Exchange Losses Gains ($2.4m) $1.8m $2.0m ($900k) ($200k) ($700k) ($300k) $100k ($600k) $500k
Goodwill $0 $0 $0 — — — $1.8m $1.8m $1.7m $1.8m
Increase Decrease In Working Capital ($8.3m) $13.0m $12.7m ($11.9m) ($15.9m) $48.5m $180.9m ($47.8m) ($47.8m) $33.5m
Interest Received Classified As Operating Activities $2.7m $1.6m $2.7m $2.5m $583k $241k $4.0m $14.3m $24.8m $11.9m
Proceeds From Borrowings Classified As Financing Activities $49.3m $175.4m $114.5m $261.8m $734.3m $548.8m $96.3m $676.4m $419.4m $338.0m
Proceeds From Issuing Shares — — $100.0m $4.2m $788k $2.9m $8.0m $6.2m $12.5m $2.3m
Purchase Of Intangible Assets Classified As Investing Activities — — — — — — $618k $563k $1.1m $1.8m
Repayments Of Borrowings Classified As Financing Activities $142.7m $125.5m $110.8m $169.2m $746.5m $253.4m $275.2m $585.4m $256.3m $567.7m
Beginning Cash Position — — — — — — $144.8m $320.5m $265.5m $271.9m
Cash Flow From Continuing Financing Activities — — — — — — ($337.6m) ($489.4m) ($378.3m) ($460.1m)
Cash Flow From Continuing Investing Activities — — — — — — $11.2m ($370.6m) ($442.1m) ($152.6m)
Change In Account Payable — — — — — — $4.7m $3.2m $7.9m $4.8m
Change In Inventory — — — — — — ($21.8m) $1.2m ($10.2m) ($1.3m)
Change In Other Working Capital — — — — — $11k ($15k) $17k — —
Change In Payable — — — — — — $4.7m $3.2m $7.9m $4.8m
Change In Payables And Accrued Expense — — — — — — $4.7m $3.2m $7.9m $4.8m
Change In Prepaid Assets — — — — — — ($5.7m) ($1.8m) $8.4m ($3.8m)
Change In Receivables — — — — — — ($158.1m) $45.2m $41.7m ($33.2m)
Change In Working Capital — — — — — — ($180.9m) $47.8m $47.8m ($33.5m)
Changes In Cash — — — — — — $175.7m ($55.0m) $6.4m ($113.8m)
End Cash Position — — — — — — $323.8m $295.6m $291.2m $163.5m
Financing Cash Flow — — — — — — ($337.6m) ($489.4m) ($378.3m) ($460.1m)
Free Cash Flow — — — — — — $382.1m $294.7m $243.3m $188.6m
Gain Loss On Investment Securities — — — — — — $600k ($1.5m) ($6.6m) $6.8m
Gain Loss On Sale Of PPE — — — — — — ($10.2m) ($50.4m) ($51.3m) ($19.0m)
Interest Received CFO — — — — — — $4.0m $14.3m $24.8m $11.9m
Investing Cash Flow — — — — — — $11.3m ($370.6m) ($442.1m) ($152.6m)
Net Business Purchase And Sale — — — — — $0 $1.0m $0 $0 —
Net Foreign Currency Exchange Gain Loss — — — — — — ($300k) $100k ($600k) $500k
Net Intangibles Purchase And Sale — — — — — — ($600k) ($600k) ($1.1m) ($1.8m)
Net PPE Purchase And Sale — — — — — — ($12.7m) ($343.3m) ($451.8m) ($164.7m)
Operating Gains Losses — — — — — — ($10.1m) ($51.8m) ($58.5m) ($11.7m)
Other Cash Adjustment Outside Changein Cash — — — — — — $3.3m $30.1m $19.3m $5.4m
Other Non Cash Items — — — — — — $45.0m $46.5m $49.2m $61.1m
Provisionand Write Offof Assets — — — — — — ($6.3m) ($6.5m) $0 $0
Purchase Of Intangibles — — — — — — ($600k) ($600k) ($1.1m) ($1.8m)
Purchase Of PPE — $145.1m $202.4m $384.3m $173.1m $319.8m ($119.3m) ($509.7m) ($582.4m) ($308.5m)
Repurchase Of Capital Stock — — — — — $0 $0 — — —
Sale Of Business — — — — — $0 $1.0m $0 $0 —
Sale Of PPE — — — — — — $106.6m $166.4m $130.6m $143.8m
Stock Based Compensation — — — — — — $2.2m $22.5m $30.2m $34.1m
Profit or Loss $142.5m $2.4m ($34.8m) $166.0m $88.1m ($42.1m) $562.6m $648.0m $611.5m $286.0m
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities — $31.4m $26.8m $61.8m $83.7m $10.0m $106.6m $166.4m $130.6m $143.8m
Capital Expenditure — — — — — — ($119.9m) ($510.3m) ($583.5m) ($310.3m)
Net Other Investing Changes — — — — — — $23.6m ($26.7m) $10.8m $13.9m
Cash flows from financing activities:
Issuance Of Debt — — — — — — $96.3m $676.4m $419.4m $338.0m
Long Term Debt Issuance — — — — — — $96.3m $676.4m $419.4m $338.0m
Net Issuance Payments Of Debt — — — — — — ($178.9m) $91.0m $163.1m ($258.8m)
Net Long Term Debt Issuance — — — — — — ($178.9m) $91.0m $163.1m ($258.8m)
Long Term Debt Payments — — — — — — ($275.2m) ($585.4m) ($256.3m) ($596.8m)
Repayment Of Debt — — — — — — ($275.2m) ($585.4m) ($256.3m) ($596.8m)
Net Common Stock Issuance — — — — — $0 $0 — — —
Common Stock Payments — — — — — $0 $0 — — —
Dividends paid $25.0m $1.2m — — $70.6m $0 $166.7m $586.4m $553.3m $199.7m
Dividends Paid Classified As Financing Activities $25.0m $1.2m — — $70.6m — $166.7m $586.4m $553.3m $199.7m
Dividends Paid Ordinary Shares Per Share — — — — — $0.00 $2.04 — — —
Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners — — — — — — — $126.3m $0 $0
Dividends Recognised As Distributions To Owners Of Parent Relating To Current Year — — — — — — $378.7m $370.9m $485.3m $209.9m
Cash Dividends Paid — — — — — — ($166.7m) ($586.4m) ($553.3m) ($199.7m)
Common Stock Dividend Paid — — — — — — ($166.7m) ($586.4m) ($553.3m) ($199.7m)
Dividend Received CFO — — — — — $275k $0 $0 $0 —
Net Other Financing Charges — — — — — — $8.0m $6.0m $11.9m ($1.6m)
Change In Cash Supplemental As Reported — — — — — — $175.7m ($55.0m) $6.4m ($113.8m)
Interest Paid Classified As Operating Activities $31.4m $36.7m $39.8m $45.3m $52.9m $41.0m $49.6m $66.0m $66.9m $70.0m
Taxes Refund Paid — — — — — — ($700k) ($3.1m) ($1.3m) ($2.7m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.