Orexo AB Cash Flow Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	639.3	-203	-128.3	-177.6	-223.5
Depreciation & Amortization	66.9	179.4	67	59	48.2
Other Amortization	0.2	9.8	10.1	9.7	4.9
Loss (Gain) From Sale of Assets	-	-	-	-0.2	-
Stock-Based Compensation	-0.8	-	-	-0.1	1.5
Other Operating Activities	-957.5	-326.2	10.1	-97.7	-76.7
Change in Accounts Receivable	10.7	-	45.9	10.1	-21.8
Change in Inventory	-	15.9	21.7	36.4	27.8
Change in Other Net Operating Assets	45.8	-2.4	-121.5	3.8	10.6
Operating Cash Flow	828.1	-32.7	-95	-156.6	-229
Capital Expenditures	-	-3.1	-18.5	-18.8	-24.7
Sale of Property, Plant & Equipment	-	-	-	0.8	-
Sale (Purchase) of Intangibles	-	-1.6	-0.7	-5.1	-28.1
Investment in Securities	-19.2	-0.7	220	-211.6	-
Other Investing Activities	-	0.1	-	-	-0.1
Investing Cash Flow	-19.2	-5.3	200.8	-234.7	-52.9
Long-Term Debt Issued	20	457.7	-	-	490.1
Long-Term Debt Repaid	-22.3	-473.3	-70.1	-21.4	-239.5
Net Debt Issued (Repaid)	-2.3	-15.6	-70.1	-21.4	250.6
Other Financing Activities	-	0.1	-	-	-
Financing Cash Flow	-2.3	-15.5	-70.1	-21.4	250.6
Foreign Exchange Rate Adjustments	-17.5	5.8	3.1	40.9	30
Miscellaneous Cash Flow Adjustments	-	-	-	-0.1	0.1
Net Cash Flow	789.1	-47.7	38.8	-371.9	-1.2
Free Cash Flow	828.1	-35.8	-113.5	-175.4	-253.7
Free Cash Flow Margin	3185.00%	-120.54%	-17.77%	-28.09%	-44.90%
Free Cash Flow Per Share	23.92	-1.04	-3.30	-5.11	-7.39
Cash Interest Paid	47.1	60.2	37.6	22.4	22.9
Cash Income Tax Paid	-	-	1.6	-1.5	-8.2
Levered Free Cash Flow	-18.6	-174.4	-61.3	-59.49	-143.06
Unlevered Free Cash Flow	10.03	-142.53	-37.11	-43.68	-130
Change in Working Capital	56.5	13.5	-53.9	50.3	16.6

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