Holmen 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	2,892	3,105	3,235	4,545	5,802	3,029
Depreciation & Amortization	1,454	1,464	1,388	1,360	1,345	1,261
Other Adjustments	-591	-668	-895	-593	-379	-914
Change in Receivables	544	261	4	899	-1,284	-156
Changes in Inventories	-192	-238	-824	11	-1,007	-236
Changes in Accounts Payable	200	-73	409	-417	1,007	247
Operating Cash Flow	4,311	3,851	3,317	5,805	5,484	3,229
Operating Cash Flow Growth	24.92%	16.10%	-42.86%	5.85%	69.84%	31.42%
Capital Expenditures	-1,681	-1,968	-1,956	-1,497	-1,225	-1,534
Sale of Property, Plant & Equipment	18	14	38	15	14	19
Purchases of Intangible Assets	-	-4	-1	-46	-6	-13
Purchases of Investments	-	0	-8	0	-11	-63
Proceeds from Sale of Investments	-	10	0	0	4	-
Other Investing Activities	-	-167	-138	-124	-125	283
Investing Cash Flow	-1,663	-2,115	-2,066	-1,653	-1,349	-1,307
Long-Term Debt Issued	941	2,999	1,388	-64	-261	89
Long-Term Debt Repaid	-	-900	-1,000	-1,000	-500	-
Net Long-Term Debt Issued (Repaid)	941	2,099	388	-1,064	-761	89
Repurchase of Common Stock	-1,529	-1,649	-647	-1,119	-	-
Net Common Stock Issued (Repurchased)	-1,529	-1,649	-647	-1,119	-	-
Common Dividends Paid	-1,888	-1,888	-1,831	-2,592	-1,862	-1,741
Other Financing Activities	-133	-137	-130	-114	-90	-113
Financing Cash Flow	-2,610	-1,576	-2,221	-4,888	-2,713	-1,764
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-2	-4	2	3	5	2
Net Cash Flow	37	161	-970	-736	1,422	158