STO:BRE2 Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Net Income	109.12	109.29	85.31	74.19	81.18	37.88	Upgrade
Depreciation & Amortization	137.67	138.43	142.78	145.92	125.27	62.14	Upgrade
Other Amortization	-	-	-	0.18	0.4	0.05	Upgrade
Asset Writedown & Restructuring Costs	-	-	-	0.34	-0.06	0.06	Upgrade
Other Operating Activities	6.52	7.02	22.13	7.52	-5.29	11.37	Upgrade
Change in Accounts Receivable	-3	-3	7.17	35.47	21.35	33.14	Upgrade
Change in Other Net Operating Assets	21.94	4.47	-0.71	-6.09	-4.86	5.37	Upgrade
Operating Cash Flow	272.25	256.21	256.68	257.54	218	150.02	Upgrade
Operating Cash Flow Growth	4.50%	-0.18%	-0.33%	18.14%	45.32%	81.70%	Upgrade
Capital Expenditures	-30.63	-32.29	-28.07	-23.34	-14.8	-12.19	Upgrade
Cash Acquisitions	-25.25	-76.93	-	-	-	-194.92	Upgrade
Sale (Purchase) of Intangibles	-3.76	-5.33	0.12	-30.53	-8.37	-5.76	Upgrade
Investment in Securities	-	-	-	-	3.15	-	Upgrade
Other Investing Activities	-	-	0	0	-	-	Upgrade
Investing Cash Flow	-59.64	-114.55	-27.95	-53.87	-20.02	-212.87	Upgrade
Long-Term Debt Issued	-	32.5	-	-	30	100.17	Upgrade
Long-Term Debt Repaid	-	-120	-108.44	-135.72	-157.42	-36.53	Upgrade
Net Debt Issued (Repaid)	-112.98	-87.5	-108.44	-135.72	-127.42	63.65	Upgrade
Common Dividends Paid	-86.14	-86.14	-76.57	-76.57	-47.86	-35.05	Upgrade
Other Financing Activities	-	-	-	-	-16.49	-	Upgrade
Financing Cash Flow	-199.12	-173.64	-185.01	-212.29	-191.77	28.6	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-0	0	-	-	-	Upgrade
Net Cash Flow	13.49	-31.98	43.72	-8.62	6.22	-34.26	Upgrade
Free Cash Flow	241.62	223.92	228.61	234.19	203.2	137.83	Upgrade
Free Cash Flow Growth	5.24%	-2.05%	-2.38%	15.25%	47.43%	90.77%	Upgrade
Free Cash Flow Margin	13.66%	12.96%	14.47%	15.29%	13.44%	17.49%	Upgrade
Free Cash Flow Per Share	0.25	0.23	0.24	0.24	0.21	0.19	Upgrade
Cash Interest Paid	12.05	12.05	12.35	10.77	9.67	3.92	Upgrade
Levered Free Cash Flow	199.36	187.87	200.63	171.43	183.2	201.34	Upgrade
Unlevered Free Cash Flow	206.94	195.4	208.35	178.16	189.24	203.9	Upgrade
Change in Working Capital	18.94	1.47	6.45	29.38	16.49	38.51	Upgrade

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