NGM:SDS 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	-113.68	-11.82	-16.01	-75.42	6.02
Depreciation & Amortization	26.56	8.43	10.59	9.65	8.28
Other Amortization	-	37.15	34.36	38.81	28.66
Asset Writedown & Restructuring Costs	0.54	-	-	9.93	-
Provision & Write-off of Bad Debts	-	-	-	-12	-
Other Operating Activities	58.88	18.83	12.57	-2.05	0.12
Change in Accounts Receivable	-	-44.29	-31.74	16.74	-19.79
Change in Inventory	-	0.29	0.35	-0.26	0.25
Change in Other Net Operating Assets	22.92	4.84	-8.63	27.67	-20.44
Operating Cash Flow	-4.76	13.42	1.49	13.07	3.1
Operating Cash Flow Growth	-	798.53%	-88.57%	321.48%	-
Capital Expenditures	-	-1.23	-2.5	-3.47	-6.12
Cash Acquisitions	-	-	-	-	-115.63
Sale (Purchase) of Intangibles	-	-20.76	-30.37	-45.72	-37.29
Other Investing Activities	-24.93	0.41	-0.2	0.05	-0.33
Investing Cash Flow	-24.93	-21.58	-33.07	-49.14	-159.36
Short-Term Debt Issued	-	-	0.01	9.11	-
Long-Term Debt Issued	-	-	-	-	192.29
Total Debt Issued	-	-	0.01	9.11	192.29
Short-Term Debt Repaid	-	-9.12	-	-	-7.19
Long-Term Debt Repaid	-	-2.88	-4.04	-3.56	-24.06
Total Debt Repaid	-	-12	-4.04	-3.56	-31.25
Net Debt Issued (Repaid)	-	-12	-4.03	5.55	161.04
Issuance of Common Stock	14.47	23.74	31.48	19.9	-
Other Financing Activities	12.43	-0	0	-	-
Financing Cash Flow	26.89	11.74	27.44	25.45	161.04
Foreign Exchange Rate Adjustments	1.99	-4.38	0.6	1.16	0.14
Miscellaneous Cash Flow Adjustments	-0	0	-0	-	-
Net Cash Flow	-0.82	-0.8	-3.53	-9.46	4.92
Free Cash Flow	-4.76	12.2	-1.01	9.6	-3.02
Free Cash Flow Margin	-2.78%	5.39%	-0.38%	3.91%	-1.05%
Free Cash Flow Per Share	-0.24	0.64	-0.08	0.93	-0.31
Cash Income Tax Paid	-	2.48	2.76	9.1	4.05
Levered Free Cash Flow	7.22	-27.19	-36.46	-11.81	-32.1
Unlevered Free Cash Flow	25.36	-5.7	-17.86	3.07	-21.89
Change in Working Capital	22.92	-39.17	-40.02	44.15	-39.99

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