Havsfrun Investment 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	12.95	-2.52	0.98	-5.03	3.4
Depreciation & Amortization	-	0.01	0.01	0.01	0.01
Loss (Gain) From Sale of Investments	-6.62	-1.32	7.54	11.15	-11.3
Other Operating Activities	0.26	0.06	-0.15	0.1	0.44
Change in Accounts Receivable	-0.02	29.18	-28.99	2.99	-1.47
Change in Other Net Operating Assets	0.1	0.68	-	0.04	-0.05
Operating Cash Flow	13.62	-8.32	-0.74	10.68	-3.67
Investment in Securities	-2.08	-	-	-	-
Investing Cash Flow	-2.08	-	-	-	-
Common Dividends Paid	-13.32	-12.11	-12.11	-	-18.16
Financing Cash Flow	-13.32	-12.11	-12.11	-	-18.16
Net Cash Flow	-1.78	-20.43	-12.85	10.68	-21.83
Free Cash Flow	13.62	-8.32	-0.74	10.68	-3.67
Free Cash Flow Margin	70.68%	-392.22%	-16.61%	1572.31%	-37.35%
Free Cash Flow Per Share	1.13	-0.69	-0.06	0.88	-0.30
Cash Interest Paid	-	0	-	-	-
Cash Income Tax Paid	0.03	-0.06	0.15	-0.1	0.13
Levered Free Cash Flow	7.53	27.9	-29.42	0.49	1.85
Unlevered Free Cash Flow	7.53	27.9	-29.42	0.49	1.85
Change in Working Capital	7.04	-4.55	-9.13	4.45	3.79

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.