Cash Flow Statement

Currency: USD

	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023
Operating Cash Flow
Net Income	(16)	(9)	(9)	3	5	8	10	11	11	2	(1)	(3)	(6)	(13)
Depreciation & Amortization	22	15	14	13	12	10	9	8	7	7	6	5	5	5
Change in Deffered Taxes	(2)	0	(2)	(1)	(0)	0	(0)	2	3	3	3	1	1	2
Other Non-Cash Items	11	2	2	(7)	(9)	(6)	(6)	(6)	(5)	2	3	3	3	9
Cash Taxes Paid	1	1	0	0	1	2	2	2	2	2	4	2	1	0
Cash Interest Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in Working Capital	(2)	(2)	(1)	1	3	2	(1)	(3)	(3)	(6)	(3)	(1)	(2)	(0)
Cash from Operating Activities	13 N/A	7 -48%	7 +4%	10 +36%	13 +34%	14 +9%	12 -17%	12 -1%	12 +7%	7 -40%	8 +8%	5 -38%	0 -93%	2 +423%
Investing Cash Flow
Capital Expenditures	(8)	(4)	(4)	(9)	(11)	(11)	(10)	(9)	(9)	(11)	(12)	(10)	(8)	(5)
Other Items	0	0	(2)	0	0	0	0	0	0	0	0	0	0	0
Cash from Investing Activities	(8) N/A	(4) +45%	(6) -47%	(9) -35%	(11) -30%	(11) 0%	(10) +10%	(9) +11%	(9) +1%	(11) -22%	(12) -8%	(10) +13%	(8) +18%	(5) +36%
Financing Cash Flow
Net Issuance of Common Stock	3	21	0	0	0	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)
Net Issuance of Debt	(8)	(19)	(19)	(17)	(17)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	0	(0)
Other	(1)	(2)	0	0	0	0	0	0	0	0	0	0	0	0
Cash from Financing Activities	(6) N/A	1 N/A	1 +2%	3 +292%	3 +3%	(0) N/A	(1) -47%	(1) -18%	(1) -13%	(1) +22%	(0) +39%	(0) +18%	(0) +29%	(0) +4%
Change in Cash
Effect of Foreign Exchange Rates	0	0	0	0	(0)	(0)	(0)	(0)	(0)	0	1	1	1	0
Net Change in Cash	(1) N/A	3 N/A	2 -52%	4 +157%	5 +17%	2 -48%	1 -63%	2 +72%	2 +58%	(4) N/A	(3) +4%	(5) -38%	(7) -54%	(4) +52%
Free Cash Flow
Free Cash Flow	5 N/A	2 -54%	3 +24%	1 -67%	2 +71%	3 +71%	2 -42%	3 +61%	3 +32%	(3) N/A	(4) -6%	(5) -40%	(8) -54%	(3) +58%

Serinus Energy PLC
LSE:SENX