Hexagon AB Cash Flow Statement

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

Millions EUR. 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	617.4	1,023	858.9	1,008	801.6
Depreciation & Amortization	791.2	296.9	303.2	283.4	226.6
Other Amortization	-	242.3	205.3	173.5	179
Loss (Gain) From Sale of Assets	157.2	-0.5	-10.2	-1.3	0.6
Asset Writedown & Restructuring Costs	-	38.3	54.5	10.1	173.3
Stock-Based Compensation	35.5	46.9	56.3	40.5	25.1
Other Operating Activities	-67.3	-153.1	-19.4	-9.2	-61.2
Change in Accounts Receivable	3.6	15.7	-57.5	-196.2	-142.2
Change in Inventory	-43.8	2.7	-23.2	-131.5	-48.8
Change in Other Net Operating Assets	126.4	75.6	2.5	153.9	169.6
Operating Cash Flow	1,620	1,588	1,370	1,331	1,324
Operating Cash Flow Growth	2.02%	15.89%	2.98%	0.54%	1.50%
Capital Expenditures	-87.6	-115.5	-136.7	-161.5	-151
Sale of Property, Plant & Equipment	-	9.9	28.3	14.8	5.5
Cash Acquisitions	-505.2	-112.4	-375.8	-1,195	-748.4
Divestitures	-	27.8	-	-	0.3
Sale (Purchase) of Intangibles	-510.4	-516.8	-489.9	-413.9	-312.2
Sale (Purchase) of Real Estate	-	-	-	-1.2	-
Investment in Securities	-	-2.9	-56.8	-58.2	-3.5
Other Investing Activities	-152.2	-0.2	0.4	17.2	43.2
Investing Cash Flow	-1,255	-710.1	-1,031	-1,798	-1,166
Long-Term Debt Issued	-	1,163	839.6	1,586	714.7
Long-Term Debt Repaid	-	-1,480	-706	-717.5	-494.8
Net Debt Issued (Repaid)	-	-317.5	133.6	868.7	219.9
Repurchase of Common Stock	-	-88.8	-47.1	-71	-62.2
Common Dividends Paid	-383.7	-349	-322.8	-295.8	-238.4
Other Financing Activities	206.3	-8.8	-13	-8.6	-5.8
Financing Cash Flow	-177.4	-764.1	-249.3	493.3	-86.5
Foreign Exchange Rate Adjustments	-63.2	2.7	-29.8	-12.3	3.7
Net Cash Flow	124.2	116.7	60.8	14.2	74.7
Free Cash Flow	1,533	1,473	1,234	1,169	1,173
Free Cash Flow Growth	4.07%	19.37%	5.51%	-0.28%	-2.05%
Free Cash Flow Margin	28.25%	27.27%	22.70%	22.66%	27.01%
Free Cash Flow Per Share	0.57	0.54	0.46	0.43	0.45
Cash Interest Paid	-	172.1	159.8	46.6	33.6
Cash Income Tax Paid	244.9	243.2	276.2	235.9	189.4
Levered Free Cash Flow	-33.65	720.35	594.84	641.41	750.9
Unlevered Free Cash Flow	57.35	826.6	690.34	663.23	762.84
Change in Working Capital	86.2	94	-78.2	-173.8	-21.4

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