BHG Group 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	145.3	-678.8	-1,565	34.1	480.9
Depreciation & Amortization	427.7	357.6	494.8	463.8	313.6
Other Amortization	-	89.7	90.7	84.7	57.8
Loss (Gain) From Sale of Assets	-	-14.3	1,185	4.6	-1.1
Asset Writedown & Restructuring Costs	-	59.7	112.3	375.8	-
Other Operating Activities	171.5	583.2	-36.3	-440.6	126.8
Change in Accounts Receivable	-	29.1	35.4	20.2	-43.5
Change in Inventory	-	173.2	1,101	-355.8	-877.3
Change in Accounts Payable	-	-28.1	10.9	-116	-32.3
Change in Other Net Operating Assets	-61.6	85.9	121.4	-176.4	-52.5
Operating Cash Flow	682.9	657.2	1,550	-105.6	-27.6
Operating Cash Flow Growth	3.91%	-57.60%	-	-	-
Capital Expenditures	-	-18.7	-37.8	-57.7	-78.4
Sale of Property, Plant & Equipment	2.6	11.3	3.4	1.7	11.7
Cash Acquisitions	-143.6	-49.9	-467.1	-257.7	-1,611
Divestitures	56.3	74.9	-32.8	0.6	-
Sale (Purchase) of Intangibles	-	-115	-147	-140.7	-114.2
Investment in Securities	-	-	0.5	0.1	-0.5
Other Investing Activities	-120.7	19.8	26.4	5.7	1.9
Investing Cash Flow	-205.4	-77.6	-654.4	-454.9	-1,855
Long-Term Debt Issued	202.1	500	-	800	2,650
Long-Term Debt Repaid	-664.8	-784.9	-856.7	-1,620	-2,480
Net Debt Issued (Repaid)	-462.7	-284.9	-856.7	-819.6	170.5
Issuance of Common Stock	-	-	80.7	1,694	1,719
Other Financing Activities	-156.6	-192.5	-194.9	-109.1	-38.2
Financing Cash Flow	-619.3	-477.4	-970.9	765.1	1,852
Foreign Exchange Rate Adjustments	-30.7	0.6	-32.3	-0.5	5.8
Miscellaneous Cash Flow Adjustments	-	-0.1	0.1	-	-
Net Cash Flow	-172.5	102.7	-107.3	204.1	-25.5
Free Cash Flow	682.9	638.5	1,512	-163.3	-106
Free Cash Flow Growth	6.95%	-57.78%	-	-	-
Free Cash Flow Margin	6.45%	6.41%	12.83%	-1.22%	-0.84%
Free Cash Flow Per Share	3.81	3.56	8.44	-1.19	-0.87
Cash Interest Paid	157.4	347.2	366.1	164.5	88.6
Cash Income Tax Paid	12.7	32.4	46.1	216.2	105.6
Levered Free Cash Flow	606.78	256.24	1,331	-99.74	-571.28
Unlevered Free Cash Flow	695.4	372.36	1,452	-34.18	-531.46
Change in Working Capital	-61.6	260.1	1,269	-628	-1,006

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