SSAB 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	4,902	6,522	13,029	-10,886	14,662
Depreciation & Amortization	3,967	4,100	3,682	3,386	3,258
Other Amortization	100	102	-	-	-
Loss (Gain) From Sale of Assets	-69	8	9	-43	-1
Asset Writedown & Restructuring Costs	5	6	-8	33,309	-1
Loss (Gain) From Sale of Investments	-	8	-38	14	-
Loss (Gain) on Equity Investments	-40	4	29	-26	22
Other Operating Activities	59	-1,325	-65	682	2,419
Change in Accounts Receivable	-554	1,313	1,157	-313	-3,667
Change in Inventory	1,507	1,399	5,131	-10,387	-7,566
Change in Accounts Payable	-1,777	1,223	-2,536	2,271	4,762
Change in Other Net Operating Assets	1,979	-1,464	1,083	149	985
Operating Cash Flow	10,079	11,896	21,473	18,156	14,873
Operating Cash Flow Growth	-15.27%	-44.60%	18.27%	22.07%	240.66%
Capital Expenditures	-13,532	-8,215	-6,567	-4,948	-3,382
Sale of Property, Plant & Equipment	2,720	1,646	1,264	1,537	1,235
Cash Acquisitions	-138	-38	-52	-433	-32
Divestitures	144	-	61	-	-
Investment in Securities	-1	-	-20	-79	-98
Other Investing Activities	65	-4	23	32	5
Investing Cash Flow	-10,742	-6,611	-5,291	-3,891	-2,272
Long-Term Debt Issued	2,793	-	2,232	-	4,337
Long-Term Debt Repaid	-825	-1,198	-2,788	-2,324	-10,011
Net Debt Issued (Repaid)	1,968	-1,198	-556	-2,324	-5,674
Repurchase of Common Stock	-	-1,215	-1,292	-	-
Common Dividends Paid	-2,591	-4,983	-8,960	-5,406	-
Other Financing Activities	-2,375	83	-1,957	7,007	645
Financing Cash Flow	-2,998	-7,313	-12,765	-723	-5,029
Foreign Exchange Rate Adjustments	-1,384	923	599	-2,439	-827
Miscellaneous Cash Flow Adjustments	1	-1	-	-	-
Net Cash Flow	-5,044	-1,106	4,016	11,103	6,745
Free Cash Flow	-3,453	3,681	14,906	13,208	11,491
Free Cash Flow Growth	-	-75.31%	12.86%	14.94%	431.50%
Free Cash Flow Margin	-3.59%	3.56%	12.47%	10.26%	11.98%
Free Cash Flow Per Share	-3.46	3.69	14.50	12.83	11.16
Cash Interest Paid	420	854	776	474	512
Cash Income Tax Paid	932	3,230	3,879	5,947	1,357
Levered Free Cash Flow	-3,460	-11.25	11,543	-13,270	6,616
Unlevered Free Cash Flow	-3,089	450	12,036	-12,939	6,906
Change in Working Capital	1,155	2,471	4,835	-8,280	-5,486

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.