VEF AB Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Mar '26 Mar 31, 2026	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	56.16	85.45	-89.86	60.07	-377.36	275.51	Upgrade
Depreciation & Amortization	0.04	0.05	0.05	0.06	0.1	0.11	Upgrade
Loss (Gain) From Sale of Investments	-70.66	-101.88	78.37	-74.4	369.94	-284.57	Upgrade
Other Operating Activities	25.32	42.27	7.66	39.18	-38.72	-83.33	Upgrade
Change in Accounts Receivable	-0.13	0	0.14	-0.75	-1.88	-0.41	Upgrade
Change in Other Net Operating Assets	1.06	-0.06	-0.63	-0.1	-0.05	0.39	Upgrade
Operating Cash Flow	11.78	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	-4.02	-48.48	-	-	Upgrade
Net Debt Issued (Repaid)	-16.83	-16.83	-4.02	-10.21	53.08	-	Upgrade
Issuance of Common Stock	0.01	0.01	0.02	-	0.01	101.97	Upgrade
Repurchase of Common Stock	-5.2	-5.2	-	-	-2.91	-	Upgrade
Other Financing Activities	-2.6	-2.96	-	-7.52	-1.9	-4.2	Upgrade
Financing Cash Flow	-24.62	-24.98	-3.99	-17.73	48.28	97.77	Upgrade
Foreign Exchange Rate Adjustments	0.29	0.98	-0.75	2.76	-2.83	-0.74	Upgrade
Net Cash Flow	-12.55	1.83	-9.03	9.1	-2.52	6.91	Upgrade
Free Cash Flow	11.78	25.83	-4.28	24.06	-47.97	-90.13	Upgrade
Free Cash Flow Margin	16.68%	25.36%	-	32.34%	-	-31.63%	Upgrade
Free Cash Flow Per Share	0.01	0.03	-0.00	0.02	-0.05	-0.10	Upgrade
Cash Interest Paid	2.6	2.96	-	7.52	1.9	0.01	Upgrade
Cash Income Tax Paid	0.29	0.29	0.29	0.07	0.07	-	Upgrade
Levered Free Cash Flow	61.88	56.58	-55.85	37.12	-237.09	174.68	Upgrade
Unlevered Free Cash Flow	63.79	58.72	-53.18	42.1	-235.2	174.68	Upgrade
Change in Working Capital	0.93	-0.06	-0.49	-0.85	-1.94	-0.02	Upgrade

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