Nederman Holding AB Cash Flow Statement

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

Millions SEK. 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	273.9	345.2	340.9	328.7	305.3
Depreciation & Amortization	289.2	192	182.2	143	121.6
Other Amortization	-	81.1	76	58.8	52.7
Loss (Gain) From Sale of Assets	-	-6.3	0.4	-0.4	0.2
Asset Writedown & Restructuring Costs	-	-	0.3	-	-
Other Operating Activities	-52.9	-23.7	-15.6	-35.4	-5.4
Change in Accounts Receivable	-	19.1	-45.8	-114	-86.1
Change in Inventory	-	48.5	9.3	-186.5	-92.8
Change in Other Net Operating Assets	-128.5	-60	28.6	151.5	224.3
Operating Cash Flow	381.7	595.9	576.3	345.7	519.8
Operating Cash Flow Growth	-35.95%	3.40%	66.70%	-33.49%	58.72%
Capital Expenditures	-224.5	-161.4	-103.9	-70.7	-39.2
Sale of Property, Plant & Equipment	-	9.1	1	0.6	1.7
Cash Acquisitions	-148.2	-40.8	-38.4	-445.3	-13.8
Sale (Purchase) of Intangibles	-	-103.3	-91.7	-100.1	-69.8
Investment in Securities	-	2.9	-3.7	0.2	0.2
Investing Cash Flow	-372.7	-293.5	-236.7	-615.3	-120.9
Long-Term Debt Issued	-	56.4	52.7	1,946	120
Long-Term Debt Repaid	-	-223.8	-145.3	-1,420	-441.7
Net Debt Issued (Repaid)	-	-167.4	-92.6	525.5	-321.7
Common Dividends Paid	-140.5	-138.7	-131.6	-122.8	-35.1
Other Financing Activities	38.4	-15.1	-	-	-
Financing Cash Flow	-102.1	-321.2	-224.2	402.7	-356.8
Foreign Exchange Rate Adjustments	-64.6	28.8	-21.4	46.5	32.7
Net Cash Flow	-157.7	10	94	179.6	74.8
Free Cash Flow	157.2	434.5	472.4	275	480.6
Free Cash Flow Growth	-63.82%	-8.02%	71.78%	-42.78%	63.91%
Free Cash Flow Margin	2.72%	7.36%	7.63%	5.31%	11.89%
Free Cash Flow Per Share	4.48	12.38	13.46	7.84	13.70
Cash Interest Paid	-	144.7	107.6	64.2	42.2
Cash Income Tax Paid	134.8	143.5	214.3	134.9	76.1
Levered Free Cash Flow	198.19	326.01	387.44	52.99	364.28
Unlevered Free Cash Flow	272.69	417.45	468.13	92.93	389.71
Change in Working Capital	-128.5	7.6	-7.9	-149	45.4

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