STO:KAPIAB 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	85.84	78.22	4.68	46.97	129.89
Other Adjustments	-36.26	-39.64	45.18	8.42	-74.31
Change in Receivables	-0.56	0.46	0.17	5.42	-1.55
Changes in Accounts Payable	0.3	-0.09	-1.52	1.32	-0.02
Changes in Other Operating Activities	11.64	3.45	-4.34	-23.99	23.14
Operating Cash Flow	60.95	42.4	44.16	38.14	77.15
Operating Cash Flow Growth	43.76%	-3.99%	15.79%	-50.57%	166.32%
Capital Expenditures	-23.37	-0.07	-3.21	-7.95	-5.24
Investing Cash Flow	-23.37	-0.07	-3.21	-7.95	-5.24
Long-Term Debt Issued	31	0	487	10	15
Long-Term Debt Repaid	-7.65	-7.3	-490.72	-5.01	-4.89
Net Long-Term Debt Issued (Repaid)	23.35	-7.3	-3.72	4.99	10.12
Common Dividends Paid	-43.8	-43.8	-43.8	-43.8	-43.8
Financing Cash Flow	-20.45	-51.1	-47.52	-38.81	-33.69
Net Cash Flow	17.12	-8.78	-6.56	-8.62	38.1
Free Cash Flow	37.58	42.32	40.95	30.19	71.92
Free Cash Flow Growth	-11.22%	3.35%	35.64%	-58.02%	496.41%
FCF Margin	40.89%	47.07%	48.20%	39.72%	99.53%
Free Cash Flow Per Share	10.29	11.60	11.22	8.27	19.70
Levered Free Cash Flow	87.24	72.85	-2.24	28.88	134.91
Unlevered Free Cash Flow	70.99	84.64	51.8	39.43	69.9