SKAKO Cash Flow Statement

Financials in millions DKK. Fiscal year is January - December.

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	125.68	11.01	81.24	25.07	13.19
Depreciation & Amortization	6.13	5.8	3.79	7.6	5.97
Other Amortization	0.73	0.64	0.72	2.6	1.45
Other Operating Activities	-125.49	-19.06	-53.05	-1.51	2.99
Change in Accounts Receivable	-38.35	-8.65	45.21	-25.89	-0.1
Change in Inventory	7.16	-4.09	-4.38	-9.37	-11
Change in Accounts Payable	25.4	-17.88	-61.36	30.35	17.79
Operating Cash Flow	1.26	-32.22	12.16	28.85	30.28
Operating Cash Flow Growth	-	-	-57.85%	-4.71%	529.96%
Capital Expenditures	-5.09	-5.13	-10.6	-6.17	-3.5
Sale of Property, Plant & Equipment	-	-	24.09	1.69	-
Sale (Purchase) of Intangibles	-1.53	-0.21	-0.56	-4.15	-3.96
Investment in Securities	-200	-	-	-	-
Other Investing Activities	255.03	-0.7	148.92	-	-
Investing Cash Flow	48.41	-6.04	161.85	-8.64	-7.47
Short-Term Debt Issued	-	41.81	-	2.15	4.71
Long-Term Debt Issued	-	8.63	0.57	-	1.47
Total Debt Issued	-	50.44	0.57	2.15	6.18
Short-Term Debt Repaid	-45.08	-	-34.84	-	-
Long-Term Debt Repaid	-8.23	-6.85	-13.32	-2.07	-13.73
Total Debt Repaid	-53.31	-6.85	-48.16	-2.07	-13.73
Net Debt Issued (Repaid)	-53.31	43.59	-47.59	0.08	-7.55
Common Dividends Paid	-7.83	-136.52	-15.53	-12.34	-9.25
Financing Cash Flow	-61.14	-92.93	-63.12	-12.26	-16.8
Foreign Exchange Rate Adjustments	-	-	-	-1.89	-0.36
Net Cash Flow	-11.47	-131.19	110.89	6.07	5.66
Free Cash Flow	-3.83	-37.35	1.56	22.68	26.77
Free Cash Flow Growth	-	-	-93.13%	-15.30%	-
Free Cash Flow Margin	-	-	0.63%	9.55%	7.36%
Free Cash Flow Per Share	-1.22	-11.93	0.49	7.08	8.68
Cash Interest Paid	4.25	4.61	5.49	5.88	1.37
Cash Income Tax Paid	-0.48	7.69	1.29	2.11	1.62
Levered Free Cash Flow	69.3	-41.2	71.41	8.36	18.33
Unlevered Free Cash Flow	70.55	-40.08	72.73	9.07	19.18
Change in Working Capital	-5.78	-30.62	-20.54	-4.91	6.68

Source: S&P Global Market Intelligence. Standard template. Financial Sources.