Tieto Oyj 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	-140.5	-62.8	172.2	188.6	291.6
Depreciation & Amortization	90.9	95.1	141.4	153	159.1
Other Amortization	-	-	11	10.8	11.1
Loss (Gain) From Sale of Assets	128.2	-4.6	-7	7.8	-104.1
Asset Writedown & Restructuring Costs	85.8	1	4.8	18.7	5.3
Loss (Gain) on Equity Investments	-	-0.9	-1.3	-1	-1.5
Other Operating Activities	-6.9	3.8	40.2	-18.9	32.9
Change in Accounts Receivable	8.6	81.3	-64.7	-41.7	-8.2
Change in Other Net Operating Assets	5	-54.9	-30.5	-40.4	-18.7
Operating Cash Flow	295.9	325.7	266.1	276.9	367.5
Operating Cash Flow Growth	-9.15%	22.40%	-3.90%	-24.65%	3.61%
Capital Expenditures	-20.1	-35	-31.9	-51.9	-80.8
Sale of Property, Plant & Equipment	0.9	1.2	10.6	0.5	0.8
Cash Acquisitions	4	-1	-156.3	-	-
Divestitures	201.5	13.1	0.4	-0.3	179.5
Sale (Purchase) of Intangibles	-51.3	-50.6	-52.2	-43.5	-
Other Investing Activities	-	0.1	-	-	-
Investing Cash Flow	135.1	-71.8	-229.3	-92	99.8
Short-Term Debt Issued	144.6	333.7	195.2	-	-
Long-Term Debt Issued	300	350	214	-	-
Total Debt Issued	444.6	683.7	409.2	-	-
Short-Term Debt Repaid	-449.5	-407.4	-131.3	-1.5	-19.7
Long-Term Debt Repaid	-282.2	-377.4	-157.6	-79.4	-218.9
Total Debt Repaid	-731.7	-784.8	-288.9	-80.9	-238.6
Net Debt Issued (Repaid)	-287.1	-101.1	120.3	-80.9	-238.6
Repurchase of Common Stock	-5.9	-	-9.8	-3.7	-3.8
Common Dividends Paid	-177.7	-174.2	-171.7	-165.8	-156.3
Other Financing Activities	-	-0.1	-	-	-0.1
Financing Cash Flow	-470.7	-275.4	-61.2	-250.4	-398.8
Foreign Exchange Rate Adjustments	-9	-3.1	-5.5	-8.6	3
Miscellaneous Cash Flow Adjustments	-	0.1	-0.2	0.1	-
Net Cash Flow	-48.7	-24.5	-30.1	-74	71.5
Free Cash Flow	275.8	290.7	234.2	225	286.7
Free Cash Flow Growth	-5.13%	24.13%	4.09%	-21.52%	5.71%
Free Cash Flow Margin	14.89%	15.47%	8.21%	7.68%	10.15%
Free Cash Flow Per Share	2.32	2.45	1.97	1.90	2.42
Cash Interest Paid	41.4	42.7	31.1	22.1	23.2
Cash Income Tax Paid	35.3	43.8	27.7	59.8	40.6
Levered Free Cash Flow	34.48	91.58	112.6	135.9	251.03
Unlevered Free Cash Flow	56.16	118.64	148.41	150.03	265.21
Change in Working Capital	13.6	26.4	-95.2	-82.1	-26.9

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.