Securitas 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	5,409	5,115	5,160	1,285	4,310	3,133
Depreciation & Amortization	3,729	3,789	3,985	3,827	3,219	2,682
Other Amortization	325	325	377	349	315	312
Asset Writedown & Restructuring Costs	1,453	1,453	417	53	-118	210
Other Operating Activities	-654	-309	-472	3,452	-245	-75
Change in Accounts Receivable	-111	-806	-837	-2,986	-1,943	117
Change in Accounts Payable	330	-466	181	1,477	-	-
Change in Other Net Operating Assets	-51	365	-843	5	77	-399
Operating Cash Flow	10,430	9,466	7,968	7,462	5,615	5,980
Operating Cash Flow Growth	25.00%	18.80%	6.78%	32.89%	-6.10%	-25.92%
Capital Expenditures	-2,281	-2,281	-2,305	-2,563	-2,276	-1,785
Cash Acquisitions	-134	-310	-173	-161	-32,211	-1,244
Investing Cash Flow	-2,072	-2,591	-2,478	-2,724	-34,487	-3,029
Short-Term Debt Issued	-	1,294	5,216	6,335	2,565	2,650
Long-Term Debt Issued	-	5,530	8,599	14,846	28,867	3,864
Total Debt Issued	6,824	6,824	13,815	21,181	31,432	6,514
Short-Term Debt Repaid	-	-1,294	-7,108	-4,442	-3,265	-1,950
Long-Term Debt Repaid	-	-9,883	-10,641	-17,727	-5,833	-5,959
Total Debt Repaid	-11,565	-11,177	-17,749	-22,169	-9,098	-7,909
Net Debt Issued (Repaid)	-4,741	-4,353	-3,934	-988	22,334	-1,395
Issuance of Common Stock	-	-	-	-	9,512	-
Common Dividends Paid	-2,578	-2,578	-2,177	-1,977	-1,604	-1,460
Financing Cash Flow	-7,319	-6,931	-6,111	-2,965	30,242	-2,855
Foreign Exchange Rate Adjustments	-67	-320	106	-154	144	-7
Net Cash Flow	972	-376	-515	1,619	1,514	89
Free Cash Flow	8,149	7,185	5,663	4,899	3,339	4,195
Free Cash Flow Growth	34.94%	26.88%	15.60%	46.72%	-20.41%	-33.58%
Free Cash Flow Margin	5.37%	4.63%	3.50%	3.12%	2.51%	3.90%
Free Cash Flow Per Share	14.22	12.54	9.88	8.55	7.13	11.50
Cash Interest Paid	2,179	2,179	2,678	2,242	906	480
Cash Income Tax Paid	1,589	1,549	2,162	1,348	1,641	1,265
Levered Free Cash Flow	8,477	8,328	4,881	7,499	587.88	3,850
Unlevered Free Cash Flow	9,645	9,583	6,550	9,061	1,169	4,123
Change in Working Capital	168	-907	-1,499	-1,504	-1,866	-282

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