ASSA ABLOY AB 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	14,701	15,639	13,633	13,291	10,900
Depreciation & Amortization	6,081	5,645	5,174	4,088	3,841
Loss (Gain) From Sale of Assets	-	-152	-59	-	175
Asset Writedown & Restructuring Costs	-645	-748	-613	-404	-563
Loss (Gain) on Equity Investments	-	-42	-15	-21	-14
Other Operating Activities	1,642	841	-662	234	-387
Change in Accounts Receivable	-	-280	-49	-1,445	-1,289
Change in Inventory	-	-60	2,380	-2,340	-2,943
Change in Accounts Payable	-	153	-214	-408	1,959
Change in Other Net Operating Assets	-367	395	1,719	1,362	777
Operating Cash Flow	21,412	21,391	21,294	14,357	12,456
Operating Cash Flow Growth	0.10%	0.46%	48.32%	15.26%	-8.80%
Capital Expenditures	-2,598	-2,284	-2,367	-1,712	-1,420
Sale of Property, Plant & Equipment	-	499	220	6	84
Cash Acquisitions	-11,409	-12,136	-53,566	-8,583	-2,121
Divestitures	835	460	8,114	37	699
Sale (Purchase) of Intangibles	-	-278	-271	-269	-228
Sale (Purchase) of Real Estate	-	-	-1	-15	-65
Investment in Securities	9	-186	-27	-26	-43
Other Investing Activities	-	-	-1	1	-
Investing Cash Flow	-13,163	-13,925	-47,899	-10,561	-3,094
Short-Term Debt Issued	-	185	2,247	2,795	282
Long-Term Debt Issued	-	7,044	33,129	1,997	8
Total Debt Issued	-	7,229	35,376	4,792	290
Long-Term Debt Repaid	-4,617	-5,533	-5,202	-4,708	-3,715
Total Debt Repaid	-4,617	-5,533	-5,202	-4,708	-3,715
Net Debt Issued (Repaid)	-4,617	1,696	30,174	84	-3,425
Repurchase of Common Stock	-	-112	-79	-61	-54
Common Dividends Paid	-6,554	-5,999	-5,332	-4,665	-4,331
Other Financing Activities	-10	-32	-37	-57	-3
Financing Cash Flow	-11,181	-4,447	24,726	-4,699	-7,813
Foreign Exchange Rate Adjustments	-174	20	-71	-5	20
Miscellaneous Cash Flow Adjustments	-	-1	-1	-	-
Net Cash Flow	-3,106	3,038	-1,951	-908	1,569
Free Cash Flow	18,814	19,107	18,927	12,645	11,036
Free Cash Flow Growth	-1.53%	0.95%	49.68%	14.58%	-9.86%
Free Cash Flow Margin	12.34%	12.72%	13.45%	10.47%	11.62%
Free Cash Flow Per Share	16.94	17.20	17.04	11.38	9.94
Cash Interest Paid	-	3,366	2,136	812	564
Cash Income Tax Paid	5,170	4,772	7,289	4,366	3,117
Levered Free Cash Flow	16,602	15,417	15,859	7,942	8,265
Unlevered Free Cash Flow	18,683	17,584	17,436	8,516	8,668
Change in Working Capital	-367	208	3,836	-2,831	-1,496

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