Securitas 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	5,043	5,160	1,285	4,310	3,133	2,419
Depreciation & Amortization	3,906	3,985	3,827	3,219	2,682	2,751
Other Amortization	377	377	349	315	312	225
Asset Writedown & Restructuring Costs	-119	-119	53	-118	210	327
Other Operating Activities	571	64	3,452	-245	-75	-62
Change in Accounts Receivable	-362	-837	-2,986	-1,943	117	123
Change in Accounts Payable	-370	181	1,477	-	-	-
Change in Other Net Operating Assets	416	-843	5	77	-399	2,289
Operating Cash Flow	9,462	7,968	7,462	5,615	5,980	8,072
Operating Cash Flow Growth	11.30%	6.78%	32.89%	-6.10%	-25.92%	40.46%
Capital Expenditures	-2,305	-2,305	-2,563	-2,276	-1,785	-1,756
Cash Acquisitions	144	-173	-161	-32,211	-1,244	-1,682
Investing Cash Flow	-1,697	-2,478	-2,724	-34,487	-3,029	-3,438
Short-Term Debt Issued	-	5,216	6,335	2,565	2,650	3,115
Long-Term Debt Issued	-	8,599	14,846	28,867	3,864	86
Total Debt Issued	13,815	13,815	21,181	31,432	6,514	3,201
Short-Term Debt Repaid	-	-7,108	-4,442	-3,265	-1,950	-3,870
Long-Term Debt Repaid	-	-10,641	-17,727	-5,833	-5,959	-1,237
Total Debt Repaid	-18,367	-17,749	-22,169	-9,098	-7,909	-5,107
Net Debt Issued (Repaid)	-4,552	-3,934	-988	22,334	-1,395	-1,906
Issuance of Common Stock	-	-	-	9,512	-	-
Common Dividends Paid	-2,377	-2,177	-1,977	-1,604	-1,460	-1,752
Financing Cash Flow	-6,929	-6,111	-2,965	30,242	-2,855	-3,658
Foreign Exchange Rate Adjustments	-179	106	-154	144	-7	-204
Net Cash Flow	657	-515	1,619	1,514	89	772
Free Cash Flow	7,157	5,663	4,899	3,339	4,195	6,316
Free Cash Flow Growth	20.53%	15.60%	46.72%	-20.41%	-33.58%	70.38%
Free Cash Flow Margin	4.52%	3.50%	3.12%	2.51%	3.90%	5.85%
Free Cash Flow Per Share	12.49	9.88	8.55	7.13	11.50	17.31
Cash Interest Paid	2,678	2,678	2,242	906	480	589
Cash Income Tax Paid	1,543	2,162	1,348	1,641	1,265	862
Levered Free Cash Flow	7,953	4,881	7,499	587.88	3,850	7,320
Unlevered Free Cash Flow	9,622	6,550	9,061	1,169	4,123	7,659
Change in Working Capital	-316	-1,499	-1,504	-1,866	-282	2,412

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