Vitec Software 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	435.36	410.1	339.18	244.87	206.94
Depreciation & Amortization	621.56	488.93	343.09	261.26	213.7
Other Amortization	-	162.3	124.9	90.5	71.9
Asset Writedown & Restructuring Costs	189.85	-	5.6	3.7	-
Stock-Based Compensation	-	-	-	0.69	0.68
Other Operating Activities	-152.56	-37.5	55.12	-4.25	3.13
Change in Accounts Receivable	-22.76	16.7	-81.6	-2.06	-16.33
Change in Inventory	-0.03	1.14	-0.95	-0.03	0.19
Change in Accounts Payable	0.59	-4.66	-10.08	-2.61	9.37
Change in Other Net Operating Assets	38.28	-87.96	-56.87	-28.7	-1.56
Operating Cash Flow	1,110	949.05	718.4	563.37	488.02
Operating Cash Flow Growth	16.99%	32.11%	27.52%	15.44%	11.85%
Capital Expenditures	-27.2	-24.81	-25.83	-17.96	-18.57
Cash Acquisitions	-717.16	-1,526	-1,286	-1,144	-1,260
Sale (Purchase) of Intangibles	-428.94	-377.78	-351.13	-267.39	-209.61
Investment in Securities	-10.25	-28.01	-15.9	-10	-21.71
Investing Cash Flow	-1,184	-1,956	-1,679	-1,439	-1,510
Long-Term Debt Issued	3,490	833.64	984.65	1,327	508.65
Long-Term Debt Repaid	-3,039	-684.22	-404.3	-738.81	-347.12
Net Debt Issued (Repaid)	451.61	149.42	580.35	587.78	161.53
Issuance of Common Stock	-	1,125	0.02	839.28	925.1
Repurchase of Common Stock	-47.71	-49.81	-7.53	-	-
Common Dividends Paid	-137.03	-109.24	-82.66	-68.14	-53.18
Other Financing Activities	-	-18.84	-0.27	-14.39	-15.62
Financing Cash Flow	266.87	1,097	489.91	1,345	1,018
Foreign Exchange Rate Adjustments	-20.65	-17.48	26.32	27.2	-10.64
Net Cash Flow	172.96	71.7	-443.94	495.93	-14.84
Free Cash Flow	1,083	924.24	692.57	545.41	469.45
Free Cash Flow Growth	17.19%	33.45%	26.98%	16.18%	10.02%
Free Cash Flow Margin	29.81%	27.72%	24.93%	27.57%	29.88%
Free Cash Flow Per Share	27.27	24.20	18.52	15.04	13.68
Cash Interest Paid	99.53	120.84	93.97	42.13	18.08
Cash Income Tax Paid	145.5	124.29	109.8	72.01	54.7
Levered Free Cash Flow	562.4	740.37	358.36	478.17	243.56
Unlevered Free Cash Flow	629.67	818.4	420.35	505.55	256.81
Change in Working Capital	16.08	-74.78	-149.49	-33.4	-8.33

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