AAK AB (publ.) (FRA:6AA0)

AAK AB (publ.) Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	3,429	3,536	2,946	1,770	1,437
Depreciation & Amortization	882	862	858	791	717
Loss (Gain) From Sale of Assets	-	3	-109	7	5
Asset Writedown & Restructuring Costs	-	-	19	8	241
Other Operating Activities	-450	764	27	61	257
Change in Accounts Receivable	-661	-466	1,241	-1,149	-1,710
Change in Inventory	-1,250	-2,409	2,463	-1,427	-2,181
Change in Accounts Payable	-737	198	-1,545	-812	1,793
Change in Other Net Operating Assets	-351	-136	-586	678	-51
Operating Cash Flow	862	2,352	5,314	-73	508
Operating Cash Flow Growth	-63.35%	-55.74%	-	-	-74.89%
Capital Expenditures	-1,303	-1,198	-1,205	-1,215	-613
Sale of Property, Plant & Equipment	8	1	131	7	-
Cash Acquisitions	-	-	-89	-14	-31
Divestitures	-	646	-	-	-
Sale (Purchase) of Intangibles	-	-47	-40	-11	-6
Investing Cash Flow	-1,295	-598	-1,203	-1,233	-650
Long-Term Debt Issued	1,505	430	259	4,625	1,630
Long-Term Debt Repaid	-138	-796	-3,606	-2,413	-1,539
Net Debt Issued (Repaid)	1,367	-366	-3,347	2,212	91
Issuance of Common Stock	175	-	-	147	434
Common Dividends Paid	-1,298	-960	-714	-646	-590
Other Financing Activities	-	-	-	80	-
Financing Cash Flow	244	-1,326	-4,061	1,793	-65
Foreign Exchange Rate Adjustments	-156	-20	-62	27	8
Net Cash Flow	-345	408	-12	514	-199
Free Cash Flow	-441	1,154	4,109	-1,288	-105
Free Cash Flow Growth	-	-71.91%	-	-	-
Free Cash Flow Margin	-0.96%	2.56%	8.93%	-2.55%	-0.30%
Free Cash Flow Per Share	-1.69	4.43	15.83	-4.97	-0.41
Cash Interest Paid	-	241	283	188	90
Cash Income Tax Paid	1,203	936	979	617	521
Levered Free Cash Flow	301.88	852.13	3,276	-2,443	-672.38
Unlevered Free Cash Flow	461.88	999	3,451	-2,316	-611.75
Change in Working Capital	-2,999	-2,813	1,573	-2,710	-2,149

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