Guldbrev Holding 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
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
Net Income	76.16	37.84	9.08	2.57	-8.48
Depreciation & Amortization	7.46	7.46	7.58	7.48	7.48
Other Operating Activities	5.73	-2.26	-4.63	-1.09	-1.83
Change in Accounts Receivable	-23.42	-9.27	-0.83	-1.95	-0.93
Change in Inventory	-6.1	-0.27	-0.05	0.19	-0.1
Change in Other Net Operating Assets	10.85	1.4	-1.41	2.59	-1.13
Operating Cash Flow	70.68	34.9	9.73	9.79	-4.99
Operating Cash Flow Growth	626.14%	258.57%	-0.59%	-	-
Sale (Purchase) of Intangibles	-	-	-	-	-0.11
Investment in Securities	0.38	0.38	-	-	-
Other Investing Activities	-	-	0.13	0.11	-
Investing Cash Flow	0.38	0.38	0.13	0.11	-0.11
Long-Term Debt Issued	-	-	-	-	2.73
Long-Term Debt Repaid	-	-15.43	-5.03	-5.11	-8.97
Net Debt Issued (Repaid)	-	-15.43	-5.03	-5.11	-6.24
Common Dividends Paid	-70.63	-21	-	-	-
Financing Cash Flow	-70.63	-36.43	-5.03	-5.11	-6.24
Foreign Exchange Rate Adjustments	-0.4	-0.4	-0.32	-0.31	-
Net Cash Flow	0.04	-1.55	4.52	4.49	-11.34
Cash Income Tax Paid	4.21	2.26	4.51	1.09	1.83
Levered Free Cash Flow	-	30.15	11.05	9.55	-
Unlevered Free Cash Flow	-	30.52	11.94	10.31	-
Change in Working Capital	-18.66	-8.13	-2.29	0.83	-2.16

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