STO:UTG 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	20.5	23	12.98	20.09	-16.63
Depreciation & Amortization	17.75	14.98	13.9	12.68	14.72
Other Amortization	-	0.35	-	-	-
Loss (Gain) From Sale of Assets	-0.01	-	-	1.06	-0.05
Other Operating Activities	8.96	6.56	-1.27	2.42	-3.32
Change in Accounts Receivable	-29.32	20.39	-5.43	-22.35	-55.43
Change in Inventory	-11.13	-12.83	-2.98	-14.41	-21.43
Change in Other Net Operating Assets	11.03	22.76	2.43	31.67	92.14
Operating Cash Flow	17.78	75.2	19.63	31.17	9.99
Operating Cash Flow Growth	-76.35%	283.05%	-37.01%	211.93%	-
Capital Expenditures	-1.14	-0.12	-0.17	-0.36	-0.05
Sale of Property, Plant & Equipment	-	-	-	-	0.06
Cash Acquisitions	-29.72	-2.2	-	-	-9.8
Sale (Purchase) of Intangibles	-0.85	-1.55	-0.34	-	-
Other Investing Activities	0.6	-0.22	1.4	0.34	-1.48
Investing Cash Flow	-31.11	-4.08	0.89	-0.03	-11.27
Long-Term Debt Issued	15	-	-	-	5
Total Debt Issued	15	-	-	-	5
Short-Term Debt Repaid	-	-	-	-	-20.24
Long-Term Debt Repaid	-16.09	-12.97	-15.31	-20.87	-8.13
Total Debt Repaid	-16.09	-12.97	-15.31	-20.87	-28.37
Net Debt Issued (Repaid)	-1.09	-12.97	-15.31	-20.87	-23.37
Issuance of Common Stock	-	-	-	-	35.11
Common Dividends Paid	-4.68	-4.09	-	-	-
Other Financing Activities	-3.09	-13.38	-4.29	-3.03	-0.85
Financing Cash Flow	-8.86	-30.44	-19.6	-23.9	10.9
Miscellaneous Cash Flow Adjustments	-	-	-	-	-0
Net Cash Flow	-22.19	40.68	0.92	7.24	9.62
Free Cash Flow	16.64	75.08	19.46	30.81	9.94
Free Cash Flow Growth	-77.84%	285.85%	-36.83%	209.88%	-
Free Cash Flow Margin	1.74%	8.86%	2.65%	4.41%	4.97%
Free Cash Flow Per Share	1.42	6.42	1.66	2.63	0.94
Cash Interest Paid	-	2.52	1.72	1.83	0.84
Cash Income Tax Paid	4.07	5.22	7.85	4.66	0.64
Levered Free Cash Flow	20.48	63.8	15.33	27.23	20
Unlevered Free Cash Flow	23.01	65.37	16.4	28.38	21.57
Change in Working Capital	-29.42	30.32	-5.98	-5.09	15.27

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