Sýn hf. Cash Flow Statement

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

Millions ISK. 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	-634	-1,518	2,109	888	2,100
Depreciation & Amortization	1,553	1,665	1,779	2,247	2,344
Other Amortization	2,842	2,452	2,358	2,806	3,354
Loss (Gain) From Sale of Assets	-59	-	-2,436	-2	-2,552
Asset Writedown & Restructuring Costs	-	1,161	-	-	-
Loss (Gain) on Equity Investments	-7	-7	-	-	251
Stock-Based Compensation	36	3	-	-	-
Other Operating Activities	-286	-284	188	-154	355
Change in Accounts Receivable	-92	2,149	674	-	-
Change in Inventory	-17	282	77	-193	-117
Change in Accounts Payable	-101	-1,550	-788	-	-
Change in Other Net Operating Assets	-	-	-	35	-718
Operating Cash Flow	3,235	4,173	3,917	5,627	5,017
Operating Cash Flow Growth	-22.48%	6.54%	-30.39%	12.16%	-15.14%
Capital Expenditures	-399	-714	-1,401	-1,000	-400
Sale of Property, Plant & Equipment	-	-	1,000	2	6,946
Cash Acquisitions	-	-	-365	-	-
Divestitures	-	-64	-	-	-
Sale (Purchase) of Intangibles	-2,751	-3,223	-3,759	-2,972	-3,355
Investment in Securities	-	100	-	-22	1,047
Other Investing Activities	-8	-	-1	-	-
Investing Cash Flow	-3,158	-3,901	-4,526	-3,992	4,238
Short-Term Debt Issued	751	475	1,441	-	-
Total Debt Issued	751	475	1,441	-	-
Long-Term Debt Repaid	-986	-1,028	-982	-1,840	-5,902
Total Debt Repaid	-986	-1,028	-982	-1,840	-5,902
Net Debt Issued (Repaid)	-235	-553	459	-1,840	-5,902
Repurchase of Common Stock	-	-76	-1,007	-1,955	-
Common Dividends Paid	-	-	-281	-	-
Other Financing Activities	1	1	1	-	-
Financing Cash Flow	-234	-628	-828	-3,795	-5,902
Foreign Exchange Rate Adjustments	-	-5	-2	8	29
Miscellaneous Cash Flow Adjustments	-	1	-	2	-
Net Cash Flow	-157	-360	-1,439	-2,150	3,382
Free Cash Flow	2,836	3,459	2,516	4,627	4,617
Free Cash Flow Growth	-18.01%	37.48%	-45.62%	0.22%	-13.99%
Free Cash Flow Margin	12.90%	15.98%	11.57%	20.13%	21.21%
Free Cash Flow Per Share	11.44	13.95	10.02	17.20	15.61
Cash Interest Paid	1,278	1,356	1,247	976	602
Cash Income Tax Paid	-	-	-	3	-
Levered Free Cash Flow	-535	-61.25	-3,706	885.75	2,073
Unlevered Free Cash Flow	260	785	-2,975	1,510	2,456
Change in Working Capital	-210	881	-37	-158	-835

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