NCC 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	92	142	1,571	1,573	1,069	1,508
Depreciation & Amortization	1,267	1,267	1,271	1,219	1,231	1,307
Loss (Gain) From Sale of Assets	-36	-36	-60	-336	-112	-178
Asset Writedown & Restructuring Costs	15	15	27	2	-	16
Other Operating Activities	1,050	1,135	258	-335	-192	176
Change in Accounts Receivable	-534	-534	527	-1,175	-78	-204
Change in Inventory	-686	-670	2,002	-1,731	-1,580	71
Change in Other Net Operating Assets	633	593	-958	1,590	-73	-436
Operating Cash Flow	1,801	1,912	4,638	807	265	2,260
Operating Cash Flow Growth	-55.94%	-58.77%	474.72%	204.53%	-88.27%	44.04%
Capital Expenditures	-514	-486	-481	-602	-939	-710
Sale of Property, Plant & Equipment	120	120	62	195	360	168
Divestitures	20	-	-	265	190	189
Sale (Purchase) of Intangibles	-362	-362	-284	-300	-33	-58
Investment in Securities	-33	-33	56	-4	22	48
Other Investing Activities	-	-	-	-	-1	-
Investing Cash Flow	-769	-761	-647	-446	-401	-363
Long-Term Debt Issued	-	3	1,312	1,381	1,895	-
Long-Term Debt Repaid	-	-1,970	-2,240	-996	-2,273	-719
Net Debt Issued (Repaid)	-1,967	-1,967	-928	385	-378	-719
Repurchase of Common Stock	-	-	-	-	-1,009	-13
Common Dividends Paid	-1,076	-1,076	-781	-586	-618	-538
Other Financing Activities	577	-128	-81	14	109	-222
Financing Cash Flow	-2,466	-3,171	-1,790	-187	-1,896	-1,492
Foreign Exchange Rate Adjustments	-	-2	2	-	4	2
Miscellaneous Cash Flow Adjustments	-2	-1	-	-1	1	-1
Net Cash Flow	-1,436	-2,023	2,203	173	-2,027	406
Free Cash Flow	1,287	1,426	4,157	205	-674	1,550
Free Cash Flow Growth	-65.21%	-65.70%	1927.81%	-	-	60.12%
Free Cash Flow Margin	2.37%	2.56%	6.75%	0.36%	-1.24%	2.90%
Free Cash Flow Per Share	13.16	14.58	42.55	2.10	-6.49	14.40
Cash Income Tax Paid	-	-16	103	52	218	241
Levered Free Cash Flow	1,513	1,835	3,165	100.38	-1,080	1,112
Unlevered Free Cash Flow	1,637	1,957	3,305	137.88	-1,039	1,138
Change in Working Capital	-587	-611	1,571	-1,316	-1,731	-569

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