Kjell Group AB 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	-370.08	-19.89	12.4	71.2	62.42	58.84
Depreciation & Amortization	163.34	173.21	178.53	163.35	146.59	139.62
Other Amortization	17.51	17.51	14.89	12.53	9.51	-
Stock-Based Compensation	3.27	3.27	3.33	2.13	0.64	-
Provision & Write-off of Bad Debts	0.5	0.5	-	-	-	-
Other Operating Activities	59.38	-9.36	-15.54	-25.87	-8.95	26.63
Change in Accounts Receivable	-13.8	-30.56	-6.32	16.28	-14.63	-16.27
Change in Inventory	47.39	-41.68	47.36	65.51	-107.34	-32.64
Change in Other Net Operating Assets	-60.25	46.17	25.07	-62.87	64.05	60.8
Operating Cash Flow	119.05	139.16	259.71	242.25	152.29	236.98
Operating Cash Flow Growth	-22.29%	-46.42%	7.21%	59.07%	-35.74%	30.67%
Capital Expenditures	-82.37	-7.73	-12.9	-30.04	-31.69	-26.22
Cash Acquisitions	-	-	-	-73.94	-242.86	-
Sale (Purchase) of Intangibles	-13.05	-10.23	-11.2	-14.16	-17.4	-15.03
Investing Cash Flow	-95.42	-17.96	-24.1	-118.15	-291.94	-41.25
Long-Term Debt Issued	-	-	33.33	258.98	723.74	150
Long-Term Debt Repaid	-	-139.41	-188.48	-463.38	-1,111	-299.34
Net Debt Issued (Repaid)	-144.57	-139.41	-155.15	-204.4	-387.33	-149.34
Issuance of Common Stock	185.65	-	-	-	400	-
Other Financing Activities	-	-	-	-	-22.92	-
Financing Cash Flow	41.08	-139.41	-155.15	-204.4	-10.25	-149.34
Foreign Exchange Rate Adjustments	-4.29	0.77	-1.8	4.15	3.25	-5.37
Net Cash Flow	60.43	-17.45	78.66	-76.15	-146.65	41.02
Free Cash Flow	36.68	131.43	246.81	212.21	120.6	210.76
Free Cash Flow Growth	-74.92%	-46.75%	16.30%	75.95%	-42.78%	30.95%
Free Cash Flow Margin	1.49%	5.09%	9.64%	8.14%	5.03%	10.54%
Free Cash Flow Per Share	0.89	4.22	7.92	6.81	7.17	18.37
Cash Income Tax Paid	10.06	11.13	14.54	39.46	33.17	14.33
Levered Free Cash Flow	82.77	173.66	239.26	109.71	183.57	166.91
Unlevered Free Cash Flow	104.8	198.84	264.8	126.97	214.04	205.21
Change in Working Capital	-26.65	-26.08	66.1	18.91	-57.92	11.9

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