Nelly 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 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	168.5	168.5	83.4	-1.5	-71.7	-47.8
Depreciation & Amortization	44.2	44.2	41.6	37.9	36.3	27.5
Other Amortization	14.5	14.5	10.9	10.6	7.7	7.6
Loss (Gain) From Sale of Assets	-	-	-	1.2	-0.1	1.8
Stock-Based Compensation	-	-	-	-	-	0.5
Other Operating Activities	-30	-17.3	4.1	-0.5	5.2	3.6
Change in Accounts Receivable	6	6	7.1	12.7	-21.2	28.8
Change in Inventory	-39.1	-39.1	-20.4	73.3	-20.6	-13.2
Change in Accounts Payable	-4.4	-4.4	-4.9	-52.8	-1.1	0.5
Change in Other Net Operating Assets	-50	-49.3	32.8	-21.6	0.5	9.4
Operating Cash Flow	109.7	123.1	154.6	59.3	-65	18.7
Operating Cash Flow Growth	-24.97%	-20.38%	160.71%	-	-	-
Capital Expenditures	-10.1	-11.5	-1.2	-8.2	-0.5	-11.2
Divestitures	-	-	-	-	-	0.2
Sale (Purchase) of Intangibles	-20.6	-20.6	-21.2	-14.7	-10.6	-11.9
Investing Cash Flow	-30.7	-32.1	-22.4	-22.9	-11.1	-22.9
Long-Term Debt Repaid	-	-34.1	-31.5	-27.6	-25.1	-23.1
Net Debt Issued (Repaid)	-36.4	-34.1	-31.5	-27.6	-25.1	-23.1
Issuance of Common Stock	-	-	-	47.4	-	-
Common Dividends Paid	-	-	-24.9	-	-	-
Other Financing Activities	-	-	-	-2	0.1	-6.1
Financing Cash Flow	-36.4	-34.1	-56.4	17.8	-25	-29.2
Foreign Exchange Rate Adjustments	-0.1	-	-	0.1	0.3	0.8
Miscellaneous Cash Flow Adjustments	0.2	-	-	-	0.1	-
Net Cash Flow	42.7	56.9	75.8	54.3	-100.7	-32.6
Free Cash Flow	99.6	111.6	153.4	51.1	-65.5	7.5
Free Cash Flow Growth	-34.08%	-27.25%	200.20%	-	-	-
Free Cash Flow Margin	7.91%	8.83%	14.02%	4.82%	-5.04%	0.53%
Free Cash Flow Per Share	3.32	3.72	5.12	1.96	-3.63	0.42
Cash Interest Paid	13.4	13.4	17.3	17.4	13.1	6.7
Cash Income Tax Paid	0.1	0.1	-0.8	2.1	-0.7	-1.2
Levered Free Cash Flow	61.66	69.09	54.08	38.19	-47.15	16.7
Unlevered Free Cash Flow	69.54	77.4	64.95	49.06	-38.96	20.89
Change in Working Capital	-87.5	-86.8	14.6	11.6	-42.4	25.5

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