Boliden 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	8,051	10,022	6,073	12,410	8,701	6,799
Depreciation & Amortization	8,306	6,730	6,209	6,131	5,596	5,683
Other Amortization	53	53	37	31	25	10
Other Operating Activities	-530	-1,068	-858	577	-457	-190
Change in Accounts Receivable	-2,893	-2,893	-706	-1,243	1,209	-1,709
Change in Inventory	1,722	1,722	738	-3,878	-2,950	-562
Change in Other Net Operating Assets	7,508	3,093	690	2,370	1,020	1,224
Operating Cash Flow	22,204	17,659	12,183	16,398	13,144	11,255
Operating Cash Flow Growth	45.42%	44.95%	-25.70%	24.76%	16.78%	19.20%
Capital Expenditures	-15,399	-14,966	-15,420	-9,970	-5,957	-6,256
Cash Acquisitions	-14,391	-	-	-	-	-
Sale (Purchase) of Intangibles	-60	-22	-111	-58	-32	-43
Investment in Securities	-30	-8	-5	-41	-6	2
Other Investing Activities	1	-	-1	-	-1	-
Investing Cash Flow	-29,879	-14,996	-15,537	-10,069	-5,996	-6,297
Long-Term Debt Issued	-	14,946	9,227	5,559	-	8,176
Long-Term Debt Repaid	-	-13,485	-5,806	-870	-60	-7,533
Net Debt Issued (Repaid)	7,150	1,461	3,421	4,689	-60	643
Common Dividends Paid	-	-2,051	-4,103	-2,872	-2,257	-1,915
Other Financing Activities	-	-	-	-1	1	1
Financing Cash Flow	10,787	-590	-3,827	-2,423	-3,957	-1,271
Foreign Exchange Rate Adjustments	-7	1	-1	2	-	-
Miscellaneous Cash Flow Adjustments	-1	-1	1	-	-	-1
Net Cash Flow	3,104	2,073	-7,181	3,908	3,191	3,686
Free Cash Flow	6,805	2,693	-3,237	6,428	7,187	4,999
Free Cash Flow Growth	6705.00%	-	-	-10.56%	43.77%	666.72%
Free Cash Flow Margin	7.46%	3.02%	-4.12%	7.44%	10.47%	8.88%
Free Cash Flow Per Share	24.39	9.85	-11.84	23.50	26.28	18.28
Cash Interest Paid	906	906	674	227	114	108
Cash Income Tax Paid	1,490	2,171	1,763	2,815	1,863	1,608
Levered Free Cash Flow	2,911	-3,278	-5,264	2,923	5,000	3,348
Unlevered Free Cash Flow	3,591	-2,681	-4,831	3,080	5,074	3,421
Change in Working Capital	6,337	1,922	722	-2,751	-721	-1,047

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