Sotkamo Silver 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	2020 - 2016
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	2020 - 2016
Net Income	-52.8	-16.4	27.2	-27.8	-17.5	Upgrade
Depreciation & Amortization	71	76.5	73	87.4	84.7	Upgrade
Other Operating Activities	32.6	21.3	16.6	-33.9	-0.5	Upgrade
Change in Accounts Receivable	-29	41.8	-	-8.1	-26.7	Upgrade
Change in Inventory	0.8	-13.7	2.7	-1.6	-1.3	Upgrade
Change in Other Net Operating Assets	5.2	2.1	-7.7	-2.7	-3.1	Upgrade
Operating Cash Flow	27.8	111.6	111.8	13.3	35.6	Upgrade
Operating Cash Flow Growth	-75.09%	-0.18%	740.60%	-62.64%	1680.00%	Upgrade
Capital Expenditures	-58.2	-69.7	-46.7	-60.6	-48.4	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-0.3	-	Upgrade
Investing Cash Flow	-58.2	-69.7	-46.7	-60.9	-48.4	Upgrade
Long-Term Debt Issued	11.1	-	-	82.9	-	Upgrade
Long-Term Debt Repaid	-50.2	-35.2	-12.8	-71.6	-21.3	Upgrade
Net Debt Issued (Repaid)	-39.1	-35.2	-12.8	11.3	-21.3	Upgrade
Issuance of Common Stock	-	-	38.6	-	37.3	Upgrade
Other Financing Activities	-1.6	-	-10.2	-	-2.5	Upgrade
Financing Cash Flow	-40.7	-35.2	15.6	11.3	13.5	Upgrade
Foreign Exchange Rate Adjustments	-3.4	2.7	-2.6	0.5	0.7	Upgrade
Miscellaneous Cash Flow Adjustments	-0.1	-	-	-0.1	-0.1	Upgrade
Net Cash Flow	-74.6	9.4	78.1	-35.9	1.3	Upgrade
Free Cash Flow	-30.4	41.9	65.1	-47.3	-12.8	Upgrade
Free Cash Flow Growth	-	-35.64%	-	-	-	Upgrade
Free Cash Flow Margin	-7.69%	10.13%	15.81%	-12.38%	-3.30%	Upgrade
Free Cash Flow Per Share	-0.09	0.15	0.20	-0.24	-0.06	Upgrade
Cash Interest Paid	24.4	20.5	17.7	22.5	21	Upgrade
Levered Free Cash Flow	-32.25	17.86	47.1	-26.65	31.76	Upgrade
Unlevered Free Cash Flow	-0.56	39.18	68.29	-10.71	47.26	Upgrade
Change in Working Capital	-23	30.2	-5	-12.4	-31.1	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.