STO:AJA.B 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	-46.13	604.55	-374.13	328.17	607.22
Depreciation & Amortization	-	-	-	42.5	39.15
Other Amortization	-	-	-	2.27	1.5
Gain (Loss) on Sale of Assets	-	-	-	124.46	-573.48
Income (Loss) on Equity Investments	-	-	-	-445.53	-22.67
Change in Accounts Receivable	-	-	-	10.37	40.12
Change in Accounts Payable	-	-	-	-2.38	-27.95
Change in Other Net Operating Assets	340.46	-2.2	46.19	-6.27	74.14
Other Operating Activities	31.33	-585.03	427.88	-13.28	-6.06
Operating Cash Flow	325.67	17.32	99.95	40.31	131.96
Operating Cash Flow Growth	1779.97%	-82.67%	147.95%	-69.45%	-
Acquisition of Real Estate Assets	-	-1.68	-1.68	-4.5	-0.94
Net Sale / Acq. of Real Estate Assets	-	-1.68	-1.68	-4.5	-0.94
Cash Acquisition	-	-	-	-	-2.31
Investment in Marketable & Equity Securities	-	-0.51	-119.69	-109.26	-120.61
Investing Cash Flow	-	-2.25	154.78	-121.02	-123.21
Long-Term Debt Issued	-	-	-	31.91	26.2
Long-Term Debt Repaid	-0.94	-46.51	-155.92	-66.95	-49.69
Total Debt Repaid	-0.94	-46.51	-155.92	-66.95	-49.69
Net Debt Issued (Repaid)	-0.94	-46.51	-155.92	-35.04	-23.49
Issuance of Common Stock	-	-	-	-	24.36
Repurchase of Common Stock	-5.7	-	-	-	-
Common Dividends Paid	-245.17	-	-8.02	-14.58	-
Other Financing Activities	0.72	-9.47	-22.06	-5.58	-35.83
Miscellaneous Cash Flow Adjustments	-0	-245.03	-	-	-
Net Cash Flow	74.59	-285.93	68.73	-135.9	-26.2
Cash Interest Paid	-	0.51	19.43	14.8	12.71
Cash Income Tax Paid	-	-	-3.31	2.13	4.41
Levered Free Cash Flow	-41.76	-69.27	-83.16	219.4	274.34
Unlevered Free Cash Flow	-41.76	-68.95	-69.1	228.59	282.28
Change in Working Capital	340.46	-2.2	46.19	1.72	86.31

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.