VG: the cashflow

MyFinsight

For the quarter ending 2025-09-30, VG had $620M increase in cash & cash equivalents over the period. -$1,411M in free cash flow.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30	2025-03-31
Net income	550	475	517
Gain (loss) on interest rate swaps	-	-	-230
(gain) loss on derivatives, net	-120	-419	-
Cash from settlement of derivatives, net	627	321	46
Loss on financing transactions	-141	-63	0
Deferred taxes	86	115	149
Non-cash interest expense	20	40	41
Depreciation and amortization	218	267	216
Stock-based compensation	11	11	12
Accounts receivable	-41	41	279
Inventory	41	-3	18
Prepaid expenses and other current assets	-23	4	28
Accounts payable and accrued liabilities	65	31	249
Other, net	-22	12	21
Net cash from operating activities	1,883	1,458	1,114
Purchases of property, plant and equipment	3,294	2,980	3,466
Other investing activities	-121	-46	4
Net cash used by investing activities	-3,173	-2,934	-3,470
Proceeds from issuance of debt	4,000	2,500	-
Issuance of class a common stock	-	0	1,750
Proceeds from project credit facilities	3,622	1,268	-
Ipo issuance of class a common stock	1,750	-	-
Proceeds from issuance of vglng series a preferred shares	0	-	-
Proceeds from project credit facilities	-	-	383
Repayment of debt	4,882	2,769	46
Payments of financing and issuance costs	666	157	75
Payments of dividends and subsidiary distributions	176	57	190
Other financing activities	12	-38	-46
Net cash from financing activities	1,910	364	1,776
Net decrease in cash, cash equivalents and restricted cash	620	-1,112	-580
Cash and cash equivalents at beginning of period	2,922	4,034	4,614
Cash and cash equivalents at end of period	3,542	2,922	4,034

Unit: Million (M) dollars