Björn Borg AB Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	86.73	72.67	75.97	50.87	86.03	18.83
Depreciation & Amortization	28.23	30.29	29.7	31.48	32.25	37.22
Other Amortization	1.84	1.84	3.32	3.26	3.25	3.63
Other Operating Activities	-8.25	-4.03	-14.62	22.41	15.29	-6.32
Change in Accounts Receivable	-12.02	-12.02	4.83	-12.24	-8.34	41.18
Change in Inventory	-75.13	-75.13	16.78	-49.14	-28.64	5.07
Change in Accounts Payable	53.17	53.17	29.77	8.99	19.79	21.38
Change in Other Net Operating Assets	-7.05	9.24	-24.46	4.88	-5.7	21.59
Operating Cash Flow	67.53	76.04	121.28	60.5	113.93	142.58
Operating Cash Flow Growth	9.25%	-37.30%	100.47%	-46.90%	-20.10%	26.72%
Capital Expenditures	-8.63	-11.41	-9.05	-8.06	-5.68	-5.49
Sale (Purchase) of Intangibles	-2.41	-2.64	-2.09	-0.27	-4.83	-3.47
Investing Cash Flow	-11.04	-14.05	-11.14	-8.32	-10.51	-8.96
Short-Term Debt Issued	-	17.28	-	-	-	-
Long-Term Debt Issued	-	-	-	30	-	40
Total Debt Issued	5.57	17.28	-	30	-	40
Short-Term Debt Repaid	-	-	-	-	-	-7.24
Long-Term Debt Repaid	-	-19.96	-52.16	-103.07	-42.4	-123.07
Total Debt Repaid	-20.86	-19.96	-52.16	-103.07	-42.4	-130.32
Net Debt Issued (Repaid)	-15.29	-2.68	-52.16	-73.07	-42.4	-90.32
Issuance of Common Stock	-	0.26	0.9	-	-	-
Other Financing Activities	37.72	-	-	-	-	-
Financing Cash Flow	-53.01	-77.86	-101.55	-135.94	-80.12	-90.32
Foreign Exchange Rate Adjustments	5.31	-2	2.02	3.05	3.21	-2.07
Net Cash Flow	8.79	-17.88	10.61	-80.71	26.51	41.23
Free Cash Flow	58.9	64.63	112.23	52.44	108.25	137.09
Free Cash Flow Growth	17.11%	-42.41%	114.02%	-51.55%	-21.04%	32.10%
Free Cash Flow Margin	5.66%	6.53%	12.87%	6.28%	14.09%	19.44%
Free Cash Flow Per Share	2.34	2.57	4.46	2.08	4.30	5.45
Cash Interest Paid	6.39	6.39	4.71	4.29	4.25	8.36
Cash Income Tax Paid	27.27	27.27	34.9	9.36	2.8	13.25
Levered Free Cash Flow	22.59	29.47	83.62	31.36	68.15	106.33
Unlevered Free Cash Flow	27.68	34.26	87.45	34.03	71.27	110.38
Change in Working Capital	-41.02	-24.73	26.92	-47.52	-22.89	89.22

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