STO:SBB.B 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	-2,326	-6,057	-22,339	-9,634	24,583
Depreciation & Amortization	8	19	6	10	5
Gain (Loss) on Sale of Assets	-	-	-	3,202	-
Asset Writedown	5,808	6,849	20,642	5,353	-
Income (Loss) on Equity Investments	1,020	1,611	5,560	2,170	-2,770
Change in Accounts Receivable	116	-727	1,057	164	611
Change in Other Net Operating Assets	189	-45	-929	-1,529	1,542
Other Operating Activities	1,537	564	3,443	2,108	-19,359
Net Cash from Discontinued Operations	-5,150	-2,440	-6,090	276	-
Operating Cash Flow	1,202	-226	1,350	2,120	4,612
Operating Cash Flow Growth	-	-	-36.32%	-54.03%	-
Acquisition of Real Estate Assets	-1,390	-1,162	-2,976	-5,250	-4,694
Sale of Real Estate Assets	-	-	-	172	152
Net Sale / Acq. of Real Estate Assets	-1,390	-1,162	-2,976	-5,078	-4,542
Cash Acquisition	-358	-1,762	-1,629	-9,367	-26,883
Investment in Marketable & Equity Securities	2,156	-445	3,057	4,406	-14,439
Other Investing Activities	283	-	-998	-728	-55
Investing Cash Flow	9,531	8,345	10,129	-1,090	-27,937
Long-Term Debt Issued	6,946	8,237	21,545	62,038	61,561
Total Debt Issued	6,946	8,237	21,545	62,038	61,561
Long-Term Debt Repaid	-15,505	-14,640	-38,885	-59,710	-42,348
Total Debt Repaid	-15,505	-14,640	-38,885	-59,710	-42,348
Net Debt Issued (Repaid)	-8,559	-6,403	-17,340	2,328	19,213
Issuance of Common Stock	404	-	-	-	5,025
Repurchase of Common Stock	-	-3,489	-	-727	-3,472
Preferred Share Repurchases	-	-	-	-	-20
Common Dividends Paid	-59	-2,538	-1,659	-2,837	-
Common & Preferred Dividends Paid	-	-	-	-	-1,846
Total Dividends Paid	-59	-2,538	-1,659	-2,837	-1,846
Other Financing Activities	-205	2,943	6,952	-5,204	629
Foreign Exchange Rate Adjustments	-9	14	-16	2	27
Miscellaneous Cash Flow Adjustments	-1	-	-	-	-
Net Cash Flow	2,304	-1,354	-584	-5,408	-3,769
Cash Interest Paid	1,432	1,427	2,236	1,059	1,285
Cash Income Tax Paid	153	364	856	294	247
Levered Free Cash Flow	713.5	-4,676	-477.75	-2,929	9,806
Unlevered Free Cash Flow	1,481	-3,933	286	-2,366	10,243
Change in Working Capital	305	-772	128	-1,365	2,153

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