Kaldalón Cash Flow Statement

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

Millions ISK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	2,721	3,231	3,160	1,967	1,150	370.54
Asset Writedown & Restructuring Costs	-3,047	-3,991	-3,791	-2,490	-1,188	-
Loss (Gain) on Equity Investments	-42	-	-	2	11.18	-
Other Operating Activities	2,492	2,505	1,553	896	9.81	-592.63
Change in Other Net Operating Assets	71	381	-84	11	-60.96	-
Operating Cash Flow	2,195	2,126	838	386	-77.87	-222.09
Operating Cash Flow Growth	97.57%	153.70%	117.10%	-	-	-
Capital Expenditures	-1	-1	-	-	-	-
Cash Acquisitions	-5,269	-5,269	-	-	-783.66	681.76
Divestitures	-	-	460	99	435.59	-
Sale (Purchase) of Real Estate	-7,846	-5,928	-11,043	-9,907	80.6	-
Other Investing Activities	-189	-23	-	-1	-	-685.41
Investing Cash Flow	-13,305	-11,221	-10,583	-9,809	-267.48	-3.65
Short-Term Debt Issued	-	-	-	-	-	1,011
Long-Term Debt Issued	-	18,945	24,827	7,928	171.06	-
Total Debt Issued	18,334	18,945	24,827	7,928	171.06	1,011
Long-Term Debt Repaid	-	-9,454	-15,528	-1,971	-396.41	-905.48
Total Debt Repaid	-8,897	-9,454	-15,528	-1,971	-396.41	-905.48
Net Debt Issued (Repaid)	9,437	9,491	9,299	5,957	-225.35	105.1
Issuance of Common Stock	-	115	-	4,446	1,789	83
Repurchase of Common Stock	-613	-613	-	-	-	-
Other Financing Activities	-1	-1	-	-	0	-
Financing Cash Flow	8,823	8,992	9,299	10,403	1,564	188.1
Miscellaneous Cash Flow Adjustments	-	-	-1	1	-4.61	-
Net Cash Flow	-2,287	-103	-447	981	1,214	-37.64
Free Cash Flow	2,194	2,125	838	386	-77.87	-222.09
Free Cash Flow Growth	97.48%	153.58%	117.10%	-	-	-
Free Cash Flow Margin	43.75%	47.14%	25.96%	21.92%	-33.43%	-
Free Cash Flow Per Share	1.95	1.85	0.71	0.48	-0.18	-
Cash Interest Paid	2,344	2,126	1,567	805	45.86	20.03
Cash Income Tax Paid	18	18	-	214	-	-
Levered Free Cash Flow	-1,297	-815.38	1,395	1,422	1,445	-1,773
Unlevered Free Cash Flow	231.5	585.88	2,390	1,926	1,515	-1,720
Change in Working Capital	71	381	-84	11	-60.96	-

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