LON:0MTD 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	2015 - 2019
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	2015 - 2019
Net Income	13	3,885	2,409	2,638	2,679	3,245	Upgrade
Depreciation & Amortization	3,572	3,589	3,030	2,190	1,924	1,958	Upgrade
Other Amortization	105	105	105	83	75	65	Upgrade
Asset Writedown & Restructuring Costs	6,597	-15	65	146	7	-	Upgrade
Other Operating Activities	-2,040	4	21	325	-329	99	Upgrade
Change in Accounts Receivable	-178	-178	-900	-1,982	452	-185	Upgrade
Change in Inventory	-159	-159	286	413	-318	-1,325	Upgrade
Change in Other Net Operating Assets	-529	157	-546	763	980	1,069	Upgrade
Operating Cash Flow	7,381	7,388	4,470	4,576	5,470	4,926	Upgrade
Operating Cash Flow Growth	10.78%	65.28%	-2.32%	-16.34%	11.04%	35.55%	Upgrade
Capital Expenditures	-47	-170	-873	-72	-47	-41	Upgrade
Sale of Property, Plant & Equipment	-	-	-	-	3	8	Upgrade
Cash Acquisitions	-	-	-16,961	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-3,130	-2,835	-4,070	-1,405	-323	-3,811	Upgrade
Investment in Securities	-39	-	-	-	-	-120	Upgrade
Other Investing Activities	-102	-86	-	-	-	-	Upgrade
Investing Cash Flow	-3,318	-3,091	-21,904	-1,477	-367	-3,964	Upgrade
Long-Term Debt Issued	-	14,220	35,876	13,675	14,193	13,575	Upgrade
Long-Term Debt Repaid	-	-18,826	-24,790	-16,227	-18,316	-15,145	Upgrade
Net Debt Issued (Repaid)	-4,427	-4,606	11,086	-2,552	-4,123	-1,570	Upgrade
Issuance of Common Stock	47	427	6,206	89	-	-	Upgrade
Other Financing Activities	806	178	-280	-439	-351	288	Upgrade
Financing Cash Flow	-3,574	-4,001	17,012	-2,902	-4,474	-1,282	Upgrade
Foreign Exchange Rate Adjustments	-43	-61	-35	119	12	-13	Upgrade
Miscellaneous Cash Flow Adjustments	-1	1	-	-	-	-	Upgrade
Net Cash Flow	445	236	-457	316	641	-333	Upgrade
Free Cash Flow	7,334	7,218	3,597	4,504	5,423	4,885	Upgrade
Free Cash Flow Growth	26.34%	100.67%	-20.14%	-16.95%	11.01%	35.81%	Upgrade
Free Cash Flow Margin	26.33%	27.73%	16.26%	23.97%	34.92%	32.01%	Upgrade
Free Cash Flow Per Share	21.27	20.89	11.04	15.09	18.27	16.41	Upgrade
Cash Interest Paid	659	1,091	949	309	324	333	Upgrade
Cash Income Tax Paid	1,105	307	641	673	1,124	918	Upgrade
Levered Free Cash Flow	5,268	1,529	503.75	3,535	4,485	287.63	Upgrade
Unlevered Free Cash Flow	5,824	2,303	1,198	3,821	4,747	571.38	Upgrade
Change in Working Capital	-866	-180	-1,160	-806	1,114	-441	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.