Fastighets AB Balder 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	7,032	7,621	3,304	-6,746	10,175	18,508
Depreciation & Amortization	94	95	97	71	52	45
Change in Accounts Receivable	-264	-436	335	-11	394	48
Change in Other Net Operating Assets	-340	-114	131	647	214	-2,422
Other Operating Activities	-2,713	-3,127	871	10,896	-5,785	-14,653
Operating Cash Flow	3,809	4,039	4,738	4,857	5,050	1,526
Operating Cash Flow Growth	-15.20%	-14.75%	-2.45%	-3.82%	230.93%	-76.59%
Acquisition of Real Estate Assets	-12,432	-12,243	-10,051	-8,592	-16,040	-25,100
Sale of Real Estate Assets	1,570	2,613	1,295	3,619	4,049	3,218
Net Sale / Acq. of Real Estate Assets	-10,862	-9,630	-8,756	-4,973	-11,991	-21,882
Investment in Marketable & Equity Securities	-4,776	-1,559	-1,800	-1,531	-1,356	-8,553
Other Investing Activities	227	1,332	1,121	316	432	556
Investing Cash Flow	-15,411	-9,857	-9,435	-6,188	-12,915	-29,879
Long-Term Debt Issued	-	31,426	19,416	25,006	26,896	33,085
Long-Term Debt Repaid	-	-22,637	-17,303	-25,176	-18,049	-7,844
Net Debt Issued (Repaid)	12,077	8,789	2,113	-170	8,847	25,241
Issuance of Common Stock	-	-	2,651	-	1,778	-
Repurchase of Common Stock	-643	-267	-	-	-	-
Other Financing Activities	-283	-299	886	-62	-128	-124
Foreign Exchange Rate Adjustments	7	-71	25	-12	46	67
Miscellaneous Cash Flow Adjustments	-	-	1	-	-	1
Net Cash Flow	-444	2,334	979	-1,575	2,678	-3,168
Cash Interest Paid	4,483	4,483	4,943	4,318	2,388	1,892
Cash Income Tax Paid	563	597	272	555	491	342
Levered Free Cash Flow	-2,238	-3,177	3,710	1,844	1,291	-740.13
Unlevered Free Cash Flow	711.5	-258.75	7,074	4,700	2,746	397.38
Change in Working Capital	-604	-550	466	636	608	-2,374