AAK AB (publ.) (STO:AAK)
Sweden · Delayed Price · Currency is SEK 178.00
+1.10 (0.62%)
Nov 2, 2026, 5:29 PM CET
AAK AB (publ.) Cash Flow Statement
Financials in millions SEK. Fiscal year is January - December.
Millions SEK. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 3,548 | 3,429 | 3,536 | 2,946 | 1,770 | 1,437 |
Depreciation & Amortization | 804 | 837 | 862 | 858 | 791 | 717 |
Loss (Gain) From Sale of Assets | 2 | 2 | 3 | -109 | 7 | 5 |
Asset Writedown & Restructuring Costs | 45 | 45 | - | 19 | 8 | 241 |
Other Operating Activities | 144 | -452 | 764 | 27 | 61 | 257 |
Change in Accounts Receivable | -227 | -661 | -466 | 1,241 | -1,149 | -1,710 |
Change in Inventory | 102 | -1,250 | -2,409 | 2,463 | -1,427 | -2,181 |
Change in Accounts Payable | -27 | -737 | 198 | -1,545 | -812 | 1,793 |
Change in Other Net Operating Assets | -131 | -351 | -136 | -586 | 678 | -51 |
Operating Cash Flow | 4,260 | 862 | 2,352 | 5,314 | -73 | 508 |
Operating Cash Flow Growth | 515.61% | -63.35% | -55.74% | - | - | -74.89% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -1,394 | -1,263 | -1,198 | -1,205 | -1,215 | -613 |
Sale of Property, Plant & Equipment | 8 | 8 | 1 | 131 | 7 | - |
Cash Acquisitions | - | - | - | -89 | -14 | -31 |
Divestitures | - | - | 646 | - | - | - |
Sale (Purchase) of Intangibles | -40 | -40 | -47 | -40 | -11 | -6 |
Investing Cash Flow | -1,426 | -1,295 | -598 | -1,203 | -1,233 | -650 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Long-Term Debt Issued | - | 3,857 | 430 | 259 | 4,625 | 1,630 |
Long-Term Debt Repaid | - | -2,490 | -796 | -3,606 | -2,413 | -1,539 |
Lease Payments | -122 | -138 | -197 | -181 | -152 | -151 |
Net Debt Issued (Repaid) | 25 | 1,367 | -366 | -3,347 | 2,212 | 91 |
Issuance of Common Stock | 462 | 175 | - | - | 147 | 434 |
Common Dividends Paid | -2,449 | -1,298 | -960 | -714 | -646 | -590 |
Other Financing Activities | 6 | - | - | - | 80 | - |
Financing Cash Flow | -2,445 | 244 | -1,326 | -4,061 | 1,793 | -65 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 83 | -156 | -20 | -62 | 27 | 8 |
Net Cash Flow | 472 | -345 | 408 | -12 | 514 | -199 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 2,866 | -401 | 1,154 | 4,109 | -1,288 | -105 |
Free Cash Flow Growth | - | - | -71.91% | - | - | - |
Free Cash Flow Margin | 6.23% | -0.87% | 2.56% | 8.93% | -2.55% | -0.30% |
Free Cash Flow Per Share | 10.98 | -1.54 | 4.43 | 15.83 | -4.97 | -0.41 |
Levered Free Cash Flow | 1,337 | 331.25 | 852.13 | 3,276 | -2,443 | -672.38 |
Unlevered Free Cash Flow | 1,463 | 445 | 999 | 3,451 | -2,316 | -611.75 |
Free Cash Flow After Leases | 2,744 | -539 | 957 | 3,928 | -1,440 | -256 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 196 | 196 | 241 | 283 | 188 | 90 |
Cash Income Tax Paid | 882 | 1,203 | 936 | 979 | 617 | 521 |
Change in Working Capital | -283 | -2,999 | -2,813 | 1,573 | -2,710 | -2,149 |