STO:FNOVA.B 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 2022	2021 - 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Aug '22 Aug 31, 2022	2021 - 2019
Net Income	125.3	113.6	-262.9	159	238.6	Upgrade
Depreciation & Amortization	-	0.8	0.6	0.3	-	Upgrade
Asset Writedown	-60.6	-	-	-	-	Upgrade
Change in Accounts Receivable	0.1	64.1	44.1	-35.1	15.6	Upgrade
Change in Other Net Operating Assets	6.4	-63.7	14.1	34.2	-18.7	Upgrade
Other Operating Activities	25.5	-31.4	331.9	-74.48	-161.7	Upgrade
Operating Cash Flow	109.6	96.1	127.8	83.93	73.8	Upgrade
Operating Cash Flow Growth	14.05%	-24.80%	52.28%	13.72%	14.06%	Upgrade
Acquisition of Real Estate Assets	-231.5	-24.7	-62.1	-107.33	-124.8	Upgrade
Sale of Real Estate Assets	10	3.8	-	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-221.5	-20.9	-62.1	-107.33	-124.8	Upgrade
Cash Acquisition	-	-	-442.9	-353.18	-454	Upgrade
Investing Cash Flow	-221.5	-0.2	-471.4	-460.58	-579.6	Upgrade
Long-Term Debt Issued	134	-	149.1	-	774.2	Upgrade
Total Debt Issued	134	-	149.1	606.53	774.2	Upgrade
Long-Term Debt Repaid	-49.8	-84.2	-56.9	-	-38	Upgrade
Total Debt Repaid	-49.8	-84.2	-56.9	-34.5	-38	Upgrade
Net Debt Issued (Repaid)	84.2	-84.2	92.2	572.03	736.2	Upgrade
Common Dividends Paid	-	-	-37	-17.7	-23.6	Upgrade
Other Financing Activities	-	-	0.7	-	-	Upgrade
Net Cash Flow	-27.7	11.7	-287.7	177.68	206.8	Upgrade
Cash Interest Paid	0.6	-	-	-	-	Upgrade
Cash Income Tax Paid	18.9	12.3	10.5	3.53	11.2	Upgrade
Levered Free Cash Flow	149.04	0.39	-2.53	-	52.33	Upgrade
Unlevered Free Cash Flow	216.54	97.14	113.73	-	17.51	Upgrade
Change in Working Capital	19.4	13.1	58.2	-0.9	-3.1	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.