VEF AB Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. 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	85.45	-89.86	60.07	-377.36	275.51	Upgrade
Depreciation & Amortization	0.05	0.05	0.06	0.1	0.11	Upgrade
Loss (Gain) From Sale of Investments	-101.88	78.37	-74.4	369.94	-284.57	Upgrade
Other Operating Activities	42.27	7.66	39.18	-38.72	-83.33	Upgrade
Change in Accounts Receivable	0	0.14	-0.75	-1.88	-0.41	Upgrade
Change in Other Net Operating Assets	-0.06	-0.63	-0.1	-0.05	0.39	Upgrade
Operating Cash Flow	25.83	-4.28	24.06	-47.97	-90.13	Upgrade
Long-Term Debt Issued	-	-	38.28	53.08	-	Upgrade
Long-Term Debt Repaid	-16.83	-	-48.48	-	-	Upgrade
Net Debt Issued (Repaid)	-16.83	-	-10.21	53.08	-	Upgrade
Issuance of Common Stock	0.01	0.02	-	0.01	101.97	Upgrade
Repurchase of Common Stock	-5.2	-	-	-2.91	-	Upgrade
Other Financing Activities	-2.96	-4.02	-7.52	-1.9	-4.2	Upgrade
Financing Cash Flow	-24.98	-3.99	-17.73	48.28	97.77	Upgrade
Foreign Exchange Rate Adjustments	0.98	-0.75	2.76	-2.83	-0.74	Upgrade
Net Cash Flow	1.83	-9.03	9.1	-2.52	6.91	Upgrade
Free Cash Flow	25.83	-4.28	24.06	-47.97	-90.13	Upgrade
Free Cash Flow Margin	25.36%	-	32.34%	-	-31.63%	Upgrade
Free Cash Flow Per Share	0.03	-0.00	0.02	-0.05	-0.10	Upgrade
Cash Interest Paid	2.96	4.02	7.52	1.9	0.01	Upgrade
Cash Income Tax Paid	0.29	0.29	0.07	0.07	-	Upgrade
Levered Free Cash Flow	82.35	-55.9	37.12	-237.09	174.68	Upgrade
Unlevered Free Cash Flow	84.48	-53.22	42.1	-235.2	174.68	Upgrade
Change in Working Capital	-0.06	-0.49	-0.85	-1.94	-0.02	Upgrade

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