Transfer Group 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	-27.65	30.95	-29.6	-41.48	-13.22
Depreciation & Amortization	13.69	9.3	12.4	29.11	11.44
Other Amortization	6.11	1.37	0.82	0.73	0.61
Loss (Gain) From Sale of Assets	-	-43.61	-	-5.94	-
Asset Writedown & Restructuring Costs	-	-	1.41	-	-
Other Operating Activities	3.32	12.3	-5.09	-14.35	-3.08
Change in Accounts Receivable	-30.37	-19.29	-13.38	15.31	11.64
Change in Inventory	-0.19	-1.59	4.18	-1.5	-1.76
Change in Other Net Operating Assets	79.23	21.01	5.18	3.2	6.05
Operating Cash Flow	44.13	10.43	-12.78	-14.92	11.68
Operating Cash Flow Growth	323.18%	-	-	-	-
Capital Expenditures	-1.93	-2.4	-3.87	-2.82	-0.98
Sale of Property, Plant & Equipment	0.36	-	0.4	-	-
Cash Acquisitions	2.84	-	-	0.41	-22.1
Divestitures	-	-8.52	-	13.5	0.66
Sale (Purchase) of Intangibles	-5.86	-5.19	-0.94	-6.45	-1.61
Investment in Securities	-	-0.39	0.09	-	-
Investing Cash Flow	-4.58	-16.49	-4.32	4.65	-24.03
Short-Term Debt Issued	-	-	-	7.48	0.05
Long-Term Debt Issued	41.37	1.14	65.76	15.29	10.08
Total Debt Issued	41.37	1.14	65.76	22.77	10.13
Short-Term Debt Repaid	-	-	-11.94	-	-
Long-Term Debt Repaid	-15.74	-10.39	-35.97	-18.75	-4.85
Total Debt Repaid	-15.74	-10.39	-47.91	-18.75	-4.85
Net Debt Issued (Repaid)	25.62	-9.25	17.85	4.02	5.28
Issuance of Common Stock	-	-	15.37	-	22.35
Other Financing Activities	-	-0.03	0.25	-0.45	0.04
Financing Cash Flow	25.62	-9.27	33.47	3.57	27.67
Foreign Exchange Rate Adjustments	-2.33	-0.1	-0.43	0.03	-
Net Cash Flow	62.84	-15.43	15.94	-6.67	15.32
Free Cash Flow	42.2	8.03	-16.66	-17.74	10.71
Free Cash Flow Growth	425.58%	-	-	-	-
Free Cash Flow Margin	19.80%	4.35%	-12.10%	-5.03%	5.57%
Free Cash Flow Per Share	0.13	0.03	-0.06	-0.09	0.10
Cash Interest Paid	8.39	4.4	5.8	4.81	2.26
Cash Income Tax Paid	-0.42	0.83	1.99	1.67	0.96
Levered Free Cash Flow	67.63	-13.44	-4.78	-11.02	9.36
Unlevered Free Cash Flow	72.87	-10.69	-2.34	-8.01	10.77
Change in Working Capital	48.67	0.13	-4.02	17.01	15.93

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