Modern Times Group MTG 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	-199	-210	164	6,579	-400	-228
Depreciation & Amortization	1,147	540	487	670	477	247
Other Amortization	-	-	-	-	-	36
Asset Writedown & Restructuring Costs	-	-	-	193	139	-10
Loss (Gain) on Equity Investments	-	-	-	-	2	3
Other Operating Activities	250	747	632	-6,403	115	192
Change in Accounts Receivable	34	34	-201	-45	-174	186
Change in Inventory	-	-	-	-	1	10
Change in Accounts Payable	-	-	-	-151	186	-6
Change in Other Net Operating Assets	-22	229	176	25	-40	-160
Operating Cash Flow	1,210	1,340	1,258	9,327	306	270
Operating Cash Flow Growth	-7.35%	6.52%	-86.51%	2948.04%	13.33%	-
Capital Expenditures	-204	-98	-212	-234	-252	-208
Cash Acquisitions	-7,234	-529	-2,026	-379	-3,059	-2,263
Divestitures	-15	-15	-	-	-	-
Investment in Securities	-23	91	-114	-23	-29	-
Other Investing Activities	1	-	-1	-	-32	-
Investing Cash Flow	-7,475	-551	-2,353	-636	-3,372	-2,471
Long-Term Debt Issued	-	-	-	100	1,900	1,800
Total Debt Issued	4,698	-	-	100	1,900	1,800
Short-Term Debt Repaid	-	-	-	-	-1,142	-
Long-Term Debt Repaid	-	-38	-38	-2,035	-1,847	-41
Total Debt Repaid	-38	-38	-38	-2,035	-2,989	-41
Net Debt Issued (Repaid)	4,660	-38	-38	-1,935	-1,089	1,759
Issuance of Common Stock	-	-	-	-	3,605	-
Repurchase of Common Stock	-308	-350	-499	-3,176	-	-
Other Financing Activities	-4	-	1	137	299	-202
Financing Cash Flow	4,348	-388	-536	-4,974	2,815	1,557
Foreign Exchange Rate Adjustments	-56	186	-147	74	41	-27
Miscellaneous Cash Flow Adjustments	-3	-	1	-1	-	-
Net Cash Flow	-1,976	587	-1,777	3,790	-210	-671
Free Cash Flow	1,006	1,242	1,046	9,093	54	62
Free Cash Flow Growth	-16.52%	18.74%	-88.50%	16738.89%	-12.90%	-
Free Cash Flow Margin	9.91%	20.65%	17.95%	164.22%	1.37%	1.55%
Free Cash Flow Per Share	8.54	10.25	8.46	77.48	0.52	0.92
Cash Interest Paid	-	-	-	10	16	2
Cash Income Tax Paid	770	522	431	408	286	199
Levered Free Cash Flow	2,462	1,877	471.63	1,458	841.75	292.88
Unlevered Free Cash Flow	2,573	1,879	472.25	1,607	942.38	302.25
Change in Working Capital	12	263	-25	-171	-27	30

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.