Train Alliance 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	97.77	28.09	36.92	116.69	19.38
Depreciation & Amortization	15.91	14.29	16.01	16.79	12.4
Other Operating Activities	3.07	11.7	-3.95	-1.69	-
Change in Accounts Receivable	3.11	335.59	-293.88	-74.03	-17.53
Change in Inventory	-171.65	-80.13	179.4	-344.93	-17.39
Change in Other Net Operating Assets	166.56	-14.44	81.14	22.21	-17.47
Operating Cash Flow	114.77	295.09	15.64	-264.96	-20.61
Operating Cash Flow Growth	-61.11%	1787.36%	-	-	-
Capital Expenditures	-75.88	-96.21	-124.93	-41.27	-426.32
Sale of Property, Plant & Equipment	-	8.59	9.32	518.51	14.81
Investment in Securities	-331.15	-0.43	-28.91	-14.84	-4.85
Other Investing Activities	-0.4	-11.44	-18.51	-	-
Investing Cash Flow	-407.43	-99.48	-163.02	462.4	-416.35
Long-Term Debt Issued	240	10.08	260	5	35
Long-Term Debt Repaid	-25.42	-24.08	-11.32	-89.78	-52.49
Net Debt Issued (Repaid)	214.58	-14.01	248.68	-84.78	-17.49
Issuance of Common Stock	-	-	-	-	550.66
Common Dividends Paid	-	-18.21	-165.18	-	-
Other Financing Activities	0.29	-0.02	0.01	-	-11.66
Financing Cash Flow	214.87	-32.23	83.51	-84.78	521.51
Net Cash Flow	-77.79	163.37	-63.88	112.66	84.54
Free Cash Flow	38.89	198.88	-109.29	-306.23	-446.93
Free Cash Flow Growth	-80.45%	-	-	-	-
Free Cash Flow Margin	13.19%	73.32%	-65.71%	-211.13%	-315.07%
Free Cash Flow Per Share	0.49	2.51	-1.38	-3.87	-6.00
Cash Interest Paid	25.39	18.26	22.47	7.12	5.99
Cash Income Tax Paid	9.34	1.91	1.72	0.41	0.61
Levered Free Cash Flow	-10.19	172.4	-134.54	-350.04	-434.85
Unlevered Free Cash Flow	5.68	183.8	-122.13	-345.59	-431.11
Change in Working Capital	-1.99	241.01	-33.34	-396.75	-52.39

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