AB Sagax 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	3,248	5,255	-13	2,718	9,807	3,711	Upgrade
Depreciation & Amortization	1	1	1	1	1	1	Upgrade
Other Amortization	-	-	-	-	-	47	Upgrade
Gain (Loss) on Sale of Investments	-84	-	-	-	-	-	Upgrade
Asset Writedown	412	-546	1,297	-1,697	-3,876	-1,244	Upgrade
Income (Loss) on Equity Investments	-838	-783	556	-1,375	-2,718	-609	Upgrade
Change in Accounts Receivable	258	196	79	-159	-	77	Upgrade
Change in Other Net Operating Assets	-746	-431	1	371	32	260	Upgrade
Other Operating Activities	1,000	-341	1,644	3,368	-867	314	Upgrade
Operating Cash Flow	3,251	3,351	3,565	3,227	2,379	2,557	Upgrade
Operating Cash Flow Growth	-5.27%	-6.00%	10.47%	35.64%	-6.96%	39.04%	Upgrade
Acquisition of Real Estate Assets	-4,741	-6,033	-6,250	-3,975	-5,498	-6,261	Upgrade
Sale of Real Estate Assets	184	215	350	80	917	1,432	Upgrade
Net Sale / Acq. of Real Estate Assets	-4,557	-5,818	-5,900	-3,895	-4,581	-4,829	Upgrade
Investment in Marketable & Equity Securities	-735	316	1,197	-1,943	-2,441	-673	Upgrade
Other Investing Activities	-179	-230	-46	-64	-1	-	Upgrade
Investing Cash Flow	-5,471	-5,732	-4,749	-5,902	-7,023	-5,502	Upgrade
Long-Term Debt Issued	-	13,405	7,326	7,631	13,997	7,886	Upgrade
Long-Term Debt Repaid	-	-9,683	-9,206	-4,050	-7,880	-4,791	Upgrade
Net Debt Issued (Repaid)	3,533	3,722	-1,880	3,581	6,117	3,095	Upgrade
Issuance of Common Stock	5	15	4,212	39	36	533	Upgrade
Preferred Share Repurchases	-	-	-	-	-571	-	Upgrade
Common Dividends Paid	-1,437	-1,301	-1,111	-935	-	-	Upgrade
Common & Preferred Dividends Paid	-	-	-	-	-792	-679	Upgrade
Total Dividends Paid	-1,437	-1,301	-1,111	-935	-792	-679	Upgrade
Other Financing Activities	-481	203	-86	-19	-87	-64	Upgrade
Foreign Exchange Rate Adjustments	1	1	1	2	-	-2	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-	-1	1	-	Upgrade
Net Cash Flow	-599	259	-48	-8	60	-62	Upgrade
Cash Interest Paid	-	-	-	-	-	298	Upgrade
Cash Income Tax Paid	146	162	130	149	146	55	Upgrade
Levered Free Cash Flow	2,265	1,924	3,474	-507.38	1,162	1,520	Upgrade
Unlevered Free Cash Flow	2,885	2,485	3,926	-226.75	1,420	1,757	Upgrade
Change in Working Capital	-488	-235	80	212	32	337	Upgrade

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