LON:0AAU Cash Flow Statement

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

Millions SEK. 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	66.82	131.65	233.97	187.97	86.25
Depreciation & Amortization	83.37	41.36	38.4	35.66	23.9
Other Amortization	-	19.15	17.21	15.93	9.62
Other Operating Activities	-8.7	10.95	-45.64	-44.46	-34
Change in Accounts Receivable	-87.61	-20.24	31.91	-70.76	-84.57
Change in Inventory	-16.39	-11.56	-19.57	-21.72	6.46
Change in Other Net Operating Assets	42.31	-34.09	-17.99	26.87	31.43
Operating Cash Flow	79.8	137.23	238.29	129.49	39.08
Operating Cash Flow Growth	-41.85%	-42.41%	84.03%	231.31%	68.28%
Capital Expenditures	-11.68	-6.1	-10.46	-9.35	-3.87
Cash Acquisitions	-84.91	-	-	-	-2,718
Sale (Purchase) of Intangibles	-37.66	-41.43	-33.67	-25.2	-10.51
Other Investing Activities	0	-	-	-	-
Investing Cash Flow	-134.25	-47.53	-44.13	-34.55	-2,733
Long-Term Debt Issued	-	235.41	-	17.09	-
Long-Term Debt Repaid	-259.72	-2.23	-1.26	-	-31.72
Total Debt Repaid	-259.72	-2.23	-1.26	-	-31.72
Net Debt Issued (Repaid)	-259.72	233.18	-1.26	17.09	-31.72
Issuance of Common Stock	-	-	-	-	3,039
Other Financing Activities	0.05	-5.53	17.11	-	-84.87
Financing Cash Flow	-259.68	227.65	15.85	17.09	2,922
Foreign Exchange Rate Adjustments	-37.6	16.44	-9.38	5.02	0.59
Net Cash Flow	-351.73	333.79	200.63	117.05	229.52
Free Cash Flow	68.12	131.12	227.84	120.14	35.21
Free Cash Flow Growth	-48.05%	-42.45%	89.65%	241.18%	54.26%
Free Cash Flow Margin	6.86%	14.83%	25.81%	14.97%	9.60%
Free Cash Flow Per Share	1.33	2.57	4.47	2.36	0.82
Cash Income Tax Paid	49.5	27.69	14.55	8.48	3.43
Levered Free Cash Flow	-217.78	279.47	94.14	95.86	17.79
Unlevered Free Cash Flow	-213.91	279.94	94.55	96.19	18.11
Change in Working Capital	-61.7	-65.89	-5.65	-65.61	-46.69

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