Bang & Olufsen Cash Flow Statement

Financials in millions DKK. Fiscal year is June - May.

Millions DKK. Fiscal year is Jun - May.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Net Income	-63	2	-7	-152	-8
Depreciation & Amortization	259	245	239	222	211
Other Adjustments	16	-38	35	15	21
Changes in Other Operating Activities	-108	47	-41	113	-148
Operating Cash Flow	104	256	226	198	76
Operating Cash Flow Growth	-59.38%	13.27%	14.14%	160.53%	-74.41%
Capital Expenditures	-57	-39	-55	-54	-68
Sale of Property, Plant & Equipment	6	-	-	-	-
Purchases of Intangible Assets	-194	-200	-163	-169	-181
Purchases of Investments	-	-	-	-110	-447
Proceeds from Sale of Investments	140	9	6	124	456
Other Investing Activities	-	-1	3	5	1
Investing Cash Flow	-105	-231	-209	-204	-239
Long-Term Debt Issued	105	-	-	110	256
Long-Term Debt Repaid	-63	-255	-54	-43	-40
Net Long-Term Debt Issued (Repaid)	42	-255	-54	67	216
Issuance of Common Stock	-	217	-	-	-
Repurchase of Common Stock	-50	-20	-	-	-37
Net Common Stock Issued (Repurchased)	-50	197	-	-	-37
Other Financing Activities	-	-	-	-3	-34
Financing Cash Flow	-8	-58	-54	64	145
Foreign Exchange Rate Adjustments	-2	1	-2	-4	2
Net Cash Flow	-9	-33	-37	58	-18
Free Cash Flow	47	217	171	144	8
Free Cash Flow Growth	-78.34%	26.90%	18.75%	1700.00%	-96.76%
FCF Margin	1.90%	8.50%	6.61%	5.23%	0.27%
Free Cash Flow Per Share	0.32	1.47	1.39	1.17	0.07
Levered Free Cash Flow	29	-31	72	207	181
Unlevered Free Cash Flow	-35.08	21	186.71	165.97	167.5