Pandox 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	3,139	1,689	-585	4,217	610	Upgrade
Depreciation & Amortization	331	287	286	334	280	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	19	Upgrade
Asset Writedown	-606	-474	1,107	-1,180	368	Upgrade
Change in Accounts Receivable	-	-	-	-14	-378	Upgrade
Change in Other Net Operating Assets	633	-39	230	146	-8	Upgrade
Other Operating Activities	-396	363	1,155	-1,126	-461	Upgrade
Operating Cash Flow	3,101	1,826	2,193	2,377	430	Upgrade
Operating Cash Flow Growth	69.83%	-16.73%	-7.74%	452.79%	-6.52%	Upgrade
Acquisition of Real Estate Assets	-1,087	-1,024	-922	-863	-990	Upgrade
Net Sale / Acq. of Real Estate Assets	-1,087	-1,024	-922	-863	-990	Upgrade
Cash Acquisition	-15,860	-3,762	-1,465	-901	-482	Upgrade
Investment in Marketable & Equity Securities	-78	-15	12	3	-49	Upgrade
Investing Cash Flow	-16,876	-4,121	-1,481	-1,637	-1,521	Upgrade
Long-Term Debt Issued	26,127	20,760	12,944	12,811	8,196	Upgrade
Long-Term Debt Repaid	-11,527	-19,283	-14,168	-13,601	-8,088	Upgrade
Net Debt Issued (Repaid)	14,600	1,477	-1,224	-790	108	Upgrade
Issuance of Common Stock	-	2,000	-	-	-	Upgrade
Common Dividends Paid	-827	-735	-460	-	-	Upgrade
Other Financing Activities	-16	-45	-17	-16	-15	Upgrade
Foreign Exchange Rate Adjustments	-82	115	128	103	-31	Upgrade
Net Cash Flow	-100	517	-861	37	-1,029	Upgrade
Cash Interest Paid	1,502	1,492	1,243	893	841	Upgrade
Cash Income Tax Paid	610	280	178	86	60	Upgrade
Levered Free Cash Flow	861.63	1,050	1,334	2,446	680.88	Upgrade
Unlevered Free Cash Flow	1,992	2,566	3,389	1,614	795.25	Upgrade
Change in Working Capital	633	-39	230	132	-386	Upgrade

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