Boliden AB 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	8,051	10,022	6,073	12,410	8,701	6,799	Upgrade
Depreciation & Amortization	8,306	6,730	6,209	6,131	5,596	5,683	Upgrade
Other Amortization	53	53	37	31	25	10	Upgrade
Other Operating Activities	-530	-1,068	-858	577	-457	-190	Upgrade
Change in Accounts Receivable	-2,893	-2,893	-706	-1,243	1,209	-1,709	Upgrade
Change in Inventory	1,722	1,722	738	-3,878	-2,950	-562	Upgrade
Change in Other Net Operating Assets	7,508	3,093	690	2,370	1,020	1,224	Upgrade
Operating Cash Flow	22,204	17,659	12,183	16,398	13,144	11,255	Upgrade
Operating Cash Flow Growth	45.42%	44.95%	-25.70%	24.76%	16.78%	19.20%	Upgrade
Capital Expenditures	-15,399	-14,966	-15,420	-9,970	-5,957	-6,256	Upgrade
Cash Acquisitions	-14,391	-	-	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-60	-22	-111	-58	-32	-43	Upgrade
Investment in Securities	-30	-8	-5	-41	-6	2	Upgrade
Other Investing Activities	1	-	-1	-	-1	-	Upgrade
Investing Cash Flow	-29,879	-14,996	-15,537	-10,069	-5,996	-6,297	Upgrade
Long-Term Debt Issued	-	14,946	9,227	5,559	-	8,176	Upgrade
Long-Term Debt Repaid	-	-13,485	-5,806	-870	-60	-7,533	Upgrade
Net Debt Issued (Repaid)	7,150	1,461	3,421	4,689	-60	643	Upgrade
Common Dividends Paid	-	-2,051	-4,103	-2,872	-2,257	-1,915	Upgrade
Other Financing Activities	-	-	-	-1	1	1	Upgrade
Financing Cash Flow	10,787	-590	-3,827	-2,423	-3,957	-1,271	Upgrade
Foreign Exchange Rate Adjustments	-7	1	-1	2	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	-1	-1	1	-	-	-1	Upgrade
Net Cash Flow	3,104	2,073	-7,181	3,908	3,191	3,686	Upgrade
Free Cash Flow	6,805	2,693	-3,237	6,428	7,187	4,999	Upgrade
Free Cash Flow Growth	6705.00%	-	-	-10.56%	43.77%	666.72%	Upgrade
Free Cash Flow Margin	7.46%	3.02%	-4.12%	7.44%	10.47%	8.88%	Upgrade
Free Cash Flow Per Share	24.39	9.85	-11.84	23.50	26.28	18.28	Upgrade
Cash Interest Paid	906	906	674	227	114	108	Upgrade
Cash Income Tax Paid	1,490	2,171	1,763	2,815	1,863	1,608	Upgrade
Levered Free Cash Flow	2,911	-3,278	-5,264	2,923	5,000	3,348	Upgrade
Unlevered Free Cash Flow	3,591	-2,681	-4,831	3,080	5,074	3,421	Upgrade
Change in Working Capital	6,337	1,922	722	-2,751	-721	-1,047	Upgrade

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