Beijer Ref 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	2,325	2,326	2,227	2,375	1,248	979
Depreciation & Amortization	1,024	1,019	948	840	538	452
Other Amortization	43	43	41	32	33	21
Loss (Gain) From Sale of Assets	-9	-9	2	-5	-20	-4
Asset Writedown & Restructuring Costs	8	8	-	-	-	1
Other Operating Activities	69	174	-11	-724	252	30
Change in Accounts Receivable	-812	-812	251	-157	-537	-92
Change in Inventory	678	678	-339	-382	-1,597	-1,145
Change in Other Net Operating Assets	745	782	-39	-226	164	-153
Operating Cash Flow	4,071	4,209	3,080	1,753	81	89
Operating Cash Flow Growth	35.38%	36.66%	75.70%	2064.20%	-8.99%	-93.31%
Capital Expenditures	-421	-421	-445	-360	-220	-202
Sale of Property, Plant & Equipment	29	29	17	14	25	16
Cash Acquisitions	-2,342	-2,342	-2,311	-8,919	-1,144	-578
Divestitures	-	-	7	-	-	-
Other Investing Activities	-382	-1	2	30	8	15
Investing Cash Flow	-3,116	-2,735	-2,730	-9,235	-1,331	-749
Long-Term Debt Issued	-	14,425	11,528	24,143	6,553	1,289
Long-Term Debt Repaid	-	-14,495	-10,142	-29,359	-4,413	-352
Net Debt Issued (Repaid)	-70	-70	1,386	-5,216	2,140	937
Issuance of Common Stock	26	26	14	13,707	-	45
Repurchase of Common Stock	-	-	-	-39	-21	-
Common Dividends Paid	-840	-840	-700	-477	-425	-380
Other Financing Activities	384	-14	-35	-8	-2	-133
Financing Cash Flow	-500	-898	665	7,967	1,692	469
Foreign Exchange Rate Adjustments	-17	-218	85	-46	72	41
Miscellaneous Cash Flow Adjustments	1	-	1	-	-	-
Net Cash Flow	439	358	1,101	439	514	-150
Free Cash Flow	3,650	3,788	2,635	1,393	-139	-113
Free Cash Flow Growth	42.47%	43.76%	89.16%	-	-	-
Free Cash Flow Margin	9.94%	10.22%	7.39%	4.33%	-0.61%	-0.67%
Free Cash Flow Per Share	7.20	7.47	5.20	2.86	-0.36	-0.29
Cash Interest Paid	441	450	572	618	184	84
Cash Income Tax Paid	738	654	819	658	491	290
Levered Free Cash Flow	2,060	4,034	294.5	-463.75	-874.63	-137.69
Unlevered Free Cash Flow	2,363	4,351	677.63	-126.88	-760.88	-88.94
Change in Working Capital	611	648	-127	-765	-1,970	-1,390

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