Net cash from operating activities totaled USD 50.6 million in 2021. Net cash from investing activities amounted to USD 4.6 million. Net cash from financing activities amounted to USD 32.8 million, of which issuance of shares amounted to USD 80.2 million and net repayment of borrowings and lease liabilities totaled USD 47.4 million.
Total liquidity amounted to USD 263.0 million at year-end 2021. Thereof cash and cash equivalents amounted to USD 204.8 million and marketable securities amounted to USD 58.2 million. In addition, the Company had USD 172.0 million in committed undrawn revolving facilities, whereof USD 120 million were in the form of a credit line 90% guaranteed by the Icelandic government.