Fortinova Fastigheter AB (Publ) (STO: FNOVA.B)

FNOVA.B Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Net Income	-121.1	-262.9	159	238.6	311.2	86.4
Depreciation & Amortization	0.6	0.6	0.3	-	-	-
Change in Accounts Receivable	128.3	44.1	-35.1	15.6	-0.8	1
Change in Other Net Operating Assets	-38	14.1	34.2	-18.7	-5.7	-12.8
Other Operating Activities	169.7	331.9	-74.48	-161.7	-240	-44.6
Operating Cash Flow	139.5	127.8	83.93	73.8	64.7	30
Operating Cash Flow Growth	-	52.28%	13.72%	14.06%	115.67%	-10.45%
Acquisition of Real Estate Assets	-51.4	-62.1	-107.33	-124.8	-33.9	-6.5
Sale of Real Estate Assets	3.8	-	-	-	-	1.6
Net Sale / Acq. of Real Estate Assets	-47.6	-62.1	-107.33	-124.8	-33.9	-4.9
Cash Acquisition	-139.4	-442.9	-353.18	-454	-620.3	-369.3
Investment in Marketable & Equity Securities	-	-	-	-	2.2	-
Investing Cash Flow	-127.9	-471.4	-460.58	-579.6	-622.6	-357.5
Long-Term Debt Issued	-	149.1	-	774.2	34.7	52.4
Total Debt Issued	13.5	149.1	606.53	774.2	34.7	52.4
Long-Term Debt Repaid	-	-56.9	-	-38	-108.4	-27.5
Total Debt Repaid	-82.8	-56.9	-34.5	-38	-108.4	-27.5
Net Debt Issued (Repaid)	-69.3	92.2	572.03	736.2	-73.7	24.9
Issuance of Common Stock	-	-	-	-	800.8	427.9
Common Dividends Paid	-	-37	-17.7	-23.6	-13.9	-13.4
Other Financing Activities	-	0.7	-	-	-38.6	-
Net Cash Flow	-57.7	-287.7	177.68	206.8	116.7	111.9
Cash Income Tax Paid	17.8	10.5	3.53	11.2	3	2.8
Levered Free Cash Flow	-25.51	-2.53	-	52.33	20.15	30.33
Unlevered Free Cash Flow	100.99	113.73	-	17.51	29.96	35.51
Change in Net Working Capital	17.8	-3.5	-	61.3	30.1	-2.2

Source: S&P Capital IQ. Real Estate template. Financial Sources.