STO:K2A.B Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-18.6	-202.4	-536.6	159.5	755.5	219.1
Depreciation & Amortization	8.1	8.8	8.9	8.6	6.7	6.6
Gain (Loss) on Sale of Assets	1.8	1.8	2	0.1	-	0.1
Income (Loss) on Equity Investments	140.1	140.1	76	-71.8	-127.8	-11.3
Change in Accounts Receivable	75.1	47.1	-34.4	61.7	-142.2	-2
Change in Other Net Operating Assets	-54.9	-16.1	67.9	-97.4	150.2	69.2
Other Operating Activities	-177.2	78.1	547.6	-12.2	-577.1	-171.1
Operating Cash Flow	-25.6	57.4	133.7	62	65.3	105.6
Operating Cash Flow Growth	-	-57.07%	115.64%	-5.05%	-38.16%	-
Acquisition of Real Estate Assets	-40.6	-426.5	-1,276	-1,577	-2,019	-1,561
Sale of Real Estate Assets	623.7	1,128	1,841	87.2	-	-
Net Sale / Acq. of Real Estate Assets	583.1	701.8	564.1	-1,490	-2,019	-1,561
Investment in Marketable & Equity Securities	375.2	-	-	-60.2	-57.3	-0.7
Other Investing Activities	102.8	-65.4	-54	-5.3	-5.3	-0.6
Investing Cash Flow	1,061	636.2	510	-1,556	-2,087	-1,563
Long-Term Debt Issued	-	941.3	854.1	1,688	2,090	1,614
Total Debt Issued	689.2	941.3	854.1	1,688	2,090	1,614
Long-Term Debt Repaid	-	-1,550	-1,529	-172.8	-492.4	-36.2
Net Debt Issued (Repaid)	-803.4	-608.7	-674.5	1,515	1,598	1,578
Issuance of Common Stock	-	-	-	-	476.2	175
Repurchase of Common Stock	-0.1	-22.9	-41.1	-28.6	-20.2	-
Common Dividends Paid	-	-	-12.9	-12.9	-8.5	-
Preferred Dividends Paid	-	-9	-36.1	-36.1	-36.1	-36.1
Total Dividends Paid	-	-9	-49	-49	-44.6	-36.1
Other Financing Activities	-	-	-96.6	-24.3	-20	-5.2
Net Cash Flow	231.8	53	-217.5	-81.2	-32.9	253.8
Cash Income Tax Paid	0.1	0.5	0.5	0.6	0.7	-
Levered Free Cash Flow	-25.76	-53.6	-37.14	10.43	13.24	100.53
Unlevered Free Cash Flow	133.93	174.65	144.36	97.11	67.99	139.21
Change in Working Capital	20.2	31	35.8	-22.2	8	62.2

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