STO:PLAZ.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 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	698	379	-943	3,026	1,706	Upgrade
Depreciation & Amortization	7	5	5	4	4	Upgrade
Change in Accounts Receivable	55	94	40	-216	-24	Upgrade
Change in Other Net Operating Assets	-279	129	6	266	160	Upgrade
Other Operating Activities	130	318	1,632	-2,464	-1,160	Upgrade
Operating Cash Flow	611	925	740	616	686	Upgrade
Operating Cash Flow Growth	-33.95%	25.00%	20.13%	-10.20%	40.00%	Upgrade
Acquisition of Real Estate Assets	-498	-2,511	-2,832	-1,412	-2,798	Upgrade
Sale of Real Estate Assets	894	188	253	3,011	505	Upgrade
Net Sale / Acq. of Real Estate Assets	396	-2,323	-2,579	1,599	-2,293	Upgrade
Investment in Marketable & Equity Securities	-2	-5	-45	-359	-39	Upgrade
Investing Cash Flow	394	-2,328	-2,624	1,240	-2,332	Upgrade
Long-Term Debt Issued	4,950	6,659	5,070	2,296	4,077	Upgrade
Long-Term Debt Repaid	-5,880	-4,793	-2,961	-3,625	-2,130	Upgrade
Net Debt Issued (Repaid)	-930	1,866	2,109	-1,329	1,947	Upgrade
Repurchase of Common Stock	-40	-	-	-	-	Upgrade
Common Dividends Paid	-252	-239	-275	-264	-251	Upgrade
Other Financing Activities	-18	-	-	-217	-27	Upgrade
Net Cash Flow	-235	224	-50	46	23	Upgrade
Cash Interest Paid	560	595	525	256	209	Upgrade
Cash Income Tax Paid	2	29	25	72	107	Upgrade
Levered Free Cash Flow	1,136	-219.13	183	1,382	663.5	Upgrade
Unlevered Free Cash Flow	1,524	128.38	733.63	1,123	681.63	Upgrade
Change in Working Capital	-224	223	46	50	136	Upgrade

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