STO:EMIL.B 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	Jun '26 Jun 30, 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	464	414	297	233	182.4	131
Other Adjustments	-42	-34	-27	-38	-31.6	-21.1
Change in Receivables	-34	-51	7	0	4	-56.8
Changes in Accounts Payable	82	98	53	26	47.2	57.4
Operating Cash Flow	471	426	329	222	202	110.5
Operating Cash Flow Growth	44.92%	29.48%	48.20%	9.90%	82.80%	3.76%
Capital Expenditures	-2,801	-3,129	-1,532	-254	-2,262	-1,668
Sale of Property, Plant & Equipment	6	30	44	-	76.6	12.6
Investing Cash Flow	-2,795	-3,098	-1,489	-255	-2,185	-1,656
Long-Term Debt Issued	2,025	2,411	1,361	390	2,517	1,302
Long-Term Debt Repaid	-112	-323	-675	-513	-1,208	-193.3
Net Long-Term Debt Issued (Repaid)	1,913	2,088	686	-123	1,309	1,108
Issuance of Common Stock	-	526	416	195	699.5	84.6
Net Common Stock Issued (Repurchased)	-	526	416	195	699.5	84.6
Issuance of Preferred Stock	352	267	-	-	147.6	368.5
Net Preferred Stock Issued (Repurchased)	352	267	-	-	147.6	368.5
Common Dividends Paid	-	-	-	-	-	-2.8
Preferred Share Dividends Paid	-60	-51	-41	-41	-41.3	-
Other Financing Activities	-	-	-12	-10	-	-
Financing Cash Flow	2,206	2,832	1,048	21	2,115	1,559
Net Cash Flow	-118	160	-112	-12	131.7	13.5
Free Cash Flow	-2,330	-2,703	-1,203	-32	-2,060	-1,558
Free Cash Flow Growth	-	-	-	-	-	-
FCF Margin	-309.84%	-301.67%	-178.49%	-5.40%	-453.72%	-555.49%
Free Cash Flow Per Share	-18.47	-22.26	-11.11	-0.34	-25.57	-23.97
Levered Free Cash Flow	-201	-419	-505	-318	-635.2	-43.2
Unlevered Free Cash Flow	-2,086	-2,495	-1,101	-44.62	-1,968	-1,450