Balco Group AB Cash Flow Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	-6.48	-35.78	1.06	45.88	76.15	90.24
Depreciation & Amortization	46.09	46.09	50.12	44.31	42	37.59
Other Operating Activities	-45.07	-39.37	-14.99	0.51	-30.46	-21.59
Change in Accounts Receivable	-34.76	-34.76	71.61	4.28	2.88	51.41
Change in Inventory	-2.48	2.82	4.2	7.39	-4.61	-18.04
Change in Other Net Operating Assets	122.53	76.03	-26.72	-128.51	67.06	-77.1
Operating Cash Flow	79.83	15.03	85.28	-26.13	153.02	62.52
Operating Cash Flow Growth	196.96%	-82.38%	-	-	144.76%	-44.05%
Capital Expenditures	-0.71	-4.21	-6.81	-7.75	-16.94	-13.57
Cash Acquisitions	-20.63	-20.63	-80.82	-39.51	-28.45	-85.29
Sale (Purchase) of Intangibles	-11.75	-12.65	-6.28	-5.64	-7.2	-3.25
Other Investing Activities	-10.52	-11.62	-1.78	-	-	-
Investing Cash Flow	-43.61	-49.11	-95.69	-52.9	-52.59	-102.11
Long-Term Debt Issued	-	113.59	132.85	100	-	148.34
Total Debt Issued	113.69	113.59	132.85	100	-	148.34
Long-Term Debt Repaid	-	-22.36	-19.48	-23.36	-125.08	-207.78
Total Debt Repaid	-8.86	-22.36	-19.48	-23.36	-125.08	-207.78
Net Debt Issued (Repaid)	104.82	91.22	113.37	76.64	-125.08	-59.43
Common Dividends Paid	-	-	-	-32.86	-43.82	-
Other Financing Activities	-0.47	-0.37	-0.26	-14.16	1.22	1.94
Financing Cash Flow	104.35	90.85	113.1	29.62	-167.68	-57.49
Foreign Exchange Rate Adjustments	5.34	-1.76	-2.44	0.35	1.62	0.45
Net Cash Flow	145.91	55.01	100.26	-49.06	-65.63	-96.63
Free Cash Flow	79.12	10.82	78.47	-33.88	136.08	48.95
Free Cash Flow Growth	347.78%	-86.21%	-	-	178.02%	-50.07%
Free Cash Flow Margin	6.19%	0.83%	5.53%	-2.79%	10.20%	4.37%
Free Cash Flow Per Share	3.44	0.47	3.42	-1.55	6.16	2.17
Cash Interest Paid	30.07	30.07	28.66	16.53	7.01	6.42
Cash Income Tax Paid	11.49	11.49	6.07	5.79	40.96	34.09
Levered Free Cash Flow	123.12	55.63	121.4	-41.07	120.08	23.45
Unlevered Free Cash Flow	141.49	72.82	136.09	-31.29	124.34	26.31
Change in Working Capital	85.29	44.09	49.09	-116.84	65.33	-43.73

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