Guldbrev Holding AB Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	70.78	28.25	9.08	2.57	-8.48
Depreciation & Amortization	7.46	7.46	7.58	7.48	7.48
Other Operating Activities	15.73	7.33	-4.63	-1.09	-1.83
Change in Accounts Receivable	-8.72	-8.73	-0.83	-1.95	-0.93
Change in Inventory	-2.8	-0.27	-0.05	0.19	-0.1
Change in Accounts Payable	2.2	-1.07	-	-	-
Change in Other Net Operating Assets	2.06	1.93	-1.41	2.59	-1.13
Operating Cash Flow	86.71	34.9	9.73	9.79	-4.99
Operating Cash Flow Growth	148.42%	258.57%	-0.59%	-	-
Capital Expenditures	-16.1	-0.01	-	-	-
Sale of Property, Plant & Equipment	-	0.4	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-	-0.11
Investment in Securities	-1.41	-	-	-	-
Other Investing Activities	-	-	0.13	0.11	-
Investing Cash Flow	-17.51	0.38	0.13	0.11	-0.11
Long-Term Debt Issued	8	-	-	-	2.73
Long-Term Debt Repaid	-0.13	-15.43	-5.03	-5.11	-8.97
Net Debt Issued (Repaid)	7.87	-15.43	-5.03	-5.11	-6.24
Common Dividends Paid	-50.63	-21	-	-	-
Financing Cash Flow	-42.76	-36.43	-5.03	-5.11	-6.24
Foreign Exchange Rate Adjustments	-0.12	-0.4	-0.32	-0.31	-
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-
Net Cash Flow	26.31	-1.55	4.52	4.49	-11.34
Free Cash Flow	70.6	34.89	9.73	9.79	-4.99
Free Cash Flow Growth	102.35%	258.43%	-0.59%	-	-
Free Cash Flow Margin	17.44%	19.40%	9.07%	11.69%	-6.33%
Free Cash Flow Per Share	3.36	1.69	0.47	0.47	-
Cash Income Tax Paid	5.44	2.26	4.51	1.09	1.83
Levered Free Cash Flow	56.9	30.14	11.05	9.55	-
Unlevered Free Cash Flow	57.01	30.51	11.94	10.31	-
Change in Working Capital	-7.25	-8.13	-2.29	0.83	-2.16

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