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	2015 - 2019
Period Ending	Jun '25 Jun 30, 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	2015 - 2019
Net Income	110.98	109.29	85.31	74.19	81.18	37.88	Upgrade
Depreciation & Amortization	136.39	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	7.96	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	24.99	4.47	-0.71	-6.09	-4.86	5.37	Upgrade
Operating Cash Flow	277.32	256.21	256.68	257.54	218	150.02	Upgrade
Operating Cash Flow Growth	3.55%	-0.18%	-0.33%	18.14%	45.32%	81.70%	Upgrade
Capital Expenditures	-23.37	-32.29	-28.07	-23.34	-14.8	-12.19	Upgrade
Cash Acquisitions	-25.25	-76.93	-	-	-	-194.92	Upgrade
Sale (Purchase) of Intangibles	-9.37	-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	-58	-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)	-83.59	-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	-32.5	-	-	-	-16.49	-	Upgrade
Financing Cash Flow	-202.23	-173.64	-185.01	-212.29	-191.77	28.6	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-0	0	-	-	-	Upgrade
Net Cash Flow	17.09	-31.98	43.72	-8.62	6.22	-34.26	Upgrade
Free Cash Flow	253.95	223.92	228.61	234.19	203.2	137.83	Upgrade
Free Cash Flow Growth	13.60%	-2.05%	-2.38%	15.25%	47.43%	90.77%	Upgrade
Free Cash Flow Margin	14.04%	12.96%	14.47%	15.29%	13.44%	17.49%	Upgrade
Free Cash Flow Per Share	0.27	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	208.51	187.87	200.63	171.43	183.2	201.34	Upgrade
Unlevered Free Cash Flow	215.75	195.4	208.35	178.16	189.24	203.9	Upgrade
Change in Working Capital	22	1.47	6.45	29.38	16.49	38.51	Upgrade

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