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 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	11	-62	-210	164	6,579	-400
Depreciation & Amortization	1,045	1,012	308	553	670	477
Other Amortization	407	407	268	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	193	139
Loss (Gain) on Equity Investments	-4	-4	-	-1	-	2
Other Operating Activities	505	211	711	567	-6,403	115
Change in Accounts Receivable	-99	-99	34	-201	-45	-174
Change in Inventory	-	-	-	-	-	1
Change in Accounts Payable	-	-	-	-	-151	186
Change in Other Net Operating Assets	287	258	229	176	25	-40
Operating Cash Flow	2,152	1,723	1,340	1,258	9,327	306
Operating Cash Flow Growth	75.96%	28.58%	6.52%	-86.51%	2948.04%	13.33%
Capital Expenditures	-278	-198	-98	-212	-234	-252
Cash Acquisitions	-1,846	-7,260	-529	-2,026	-379	-3,059
Divestitures	-	-	-15	-	-	-
Investment in Securities	-45	-45	91	-114	-23	-29
Other Investing Activities	2	1	-	-1	-	-32
Investing Cash Flow	-2,167	-7,502	-551	-2,353	-636	-3,372
Long-Term Debt Issued	-	5,024	-	-	100	1,900
Total Debt Issued	610	5,024	-	-	100	1,900
Short-Term Debt Repaid	-	-	-	-	-	-1,142
Long-Term Debt Repaid	-	-852	-38	-38	-2,035	-1,847
Total Debt Repaid	-852	-852	-38	-38	-2,035	-2,989
Net Debt Issued (Repaid)	-242	4,172	-38	-38	-1,935	-1,089
Issuance of Common Stock	-	-	-	-	-	3,605
Repurchase of Common Stock	-407	-345	-350	-499	-3,176	-
Other Financing Activities	11	-	-	1	137	299
Financing Cash Flow	-638	3,827	-388	-536	-4,974	2,815
Foreign Exchange Rate Adjustments	-142	-360	186	-147	74	41
Miscellaneous Cash Flow Adjustments	-1	-1	-	1	-1	-
Net Cash Flow	-796	-2,313	587	-1,777	3,790	-210
Free Cash Flow	1,874	1,525	1,242	1,046	9,093	54
Free Cash Flow Growth	63.10%	22.79%	18.74%	-88.50%	16738.89%	-12.90%
Free Cash Flow Margin	15.38%	13.17%	20.65%	17.95%	164.22%	1.37%
Free Cash Flow Per Share	15.95	13.02	10.31	8.46	77.48	0.52
Cash Interest Paid	236	236	-	-	10	16
Cash Income Tax Paid	499	695	522	431	408	286
Levered Free Cash Flow	1,209	2,137	2,101	537.63	1,458	841.75
Unlevered Free Cash Flow	1,432	2,313	2,103	538.25	1,607	942.38
Change in Working Capital	188	159	263	-25	-171	-27

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