Castellum 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	2,235	938	2,357	-11,592	1,750	11,828
Depreciation & Amortization	106	106	128	178	164	139
Asset Writedown	3	3	33	5	-4	-
Change in Accounts Receivable	23	83	37	326	153	-493
Change in Other Net Operating Assets	4	-186	-217	396	101	-181
Other Operating Activities	1,694	2,933	1,857	15,474	2,084	-8,690
Operating Cash Flow	4,109	3,921	4,222	4,813	4,287	2,603
Operating Cash Flow Growth	-8.75%	-7.13%	-12.28%	12.27%	64.70%	-11.58%
Acquisition of Real Estate Assets	-5,570	-5,199	-2,556	-3,797	-5,889	-12,688
Sale of Real Estate Assets	863	809	3,031	4,474	3,043	17,228
Net Sale / Acq. of Real Estate Assets	-4,707	-4,390	475	677	-2,846	4,540
Cash Acquisition	-	-	-	-	-	-6,484
Investment in Marketable & Equity Securities	-449	-840	-355	-23	107	-12,347
Other Investing Activities	69	69	-	146	333	319
Investing Cash Flow	-5,087	-5,161	120	800	-2,406	-13,972
Long-Term Debt Issued	-	21,747	17,312	16,186	29,196	5,375
Long-Term Debt Repaid	-	-21,801	-20,799	-29,994	-24,999	-14
Net Debt Issued (Repaid)	4,519	-54	-3,487	-13,808	4,197	5,361
Issuance of Common Stock	-	-	-	9,997	-	10,164
Repurchase of Common Stock	-2,011	-39	-20	-	-2,752	-1,038
Common Dividends Paid	-1,556	-1,265	-351	-973	-2,039	-1,888
Other Financing Activities	-80	346	-213	404	-1,558	-194
Foreign Exchange Rate Adjustments	3	-28	41	-3	-68	-
Net Cash Flow	-103	-2,280	312	1,230	-339	1,036
Cash Interest Paid	2,178	2,268	2,252	2,293	1,579	837
Cash Income Tax Paid	99	135	20	92	144	244
Levered Free Cash Flow	2,779	2,849	3,195	2,382	5,012	2,553
Unlevered Free Cash Flow	4,105	4,764	4,246	4,529	4,288	2,880
Change in Working Capital	27	-103	-180	722	254	-674

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