NGM:ASTOR 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	39.82	0.41	-3.63
Depreciation & Amortization	31.6	14.07	4.66
Other Operating Activities	-8.64	6.52	-1.48
Change in Accounts Receivable	-27.76	-21.04	-
Change in Inventory	-10.63	1.24	-12.35
Change in Accounts Payable	-2.5	11.04	-
Change in Other Net Operating Assets	10.18	-1.71	0.3
Operating Cash Flow	32.08	10.53	-12.49
Operating Cash Flow Growth	204.68%	-	-
Capital Expenditures	-65.67	-22.97	-3.01
Cash Acquisitions	-184.13	-120.35	-30.46
Sale (Purchase) of Intangibles	-19.26	-6.76	-6.18
Investing Cash Flow	-269.06	-150.08	-39.66
Short-Term Debt Issued	-	2.66	-
Long-Term Debt Issued	27.5	72	21.5
Total Debt Issued	27.5	74.66	21.5
Short-Term Debt Repaid	-	-	-1.73
Long-Term Debt Repaid	-81.61	-44.96	-6.45
Total Debt Repaid	-81.61	-44.96	-8.18
Net Debt Issued (Repaid)	-54.11	29.7	13.32
Issuance of Common Stock	470	162.27	55.27
Other Financing Activities	-20.93	-14.41	-2.98
Financing Cash Flow	394.96	177.56	65.61
Foreign Exchange Rate Adjustments	-0.42	-	-
Net Cash Flow	157.56	38.01	13.46
Free Cash Flow	-33.59	-12.44	-15.5
Free Cash Flow Margin	-7.52%	-5.58%	-18.68%
Free Cash Flow Per Share	-0.57	-0.31	-0.47
Cash Interest Paid	-	4.73	2.76
Cash Income Tax Paid	-	2.53	0.14
Levered Free Cash Flow	-112.16	-52.19	-
Unlevered Free Cash Flow	-106.17	-49.23	-
Change in Working Capital	-30.7	-10.47	-12.05

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