Telefonaktiebolaget LM Ericsson (publ)

OM-ERIC B

Operating Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Net Income	25,022	374	-26,104	19,112	22,980	17,623	1,840	-6,276	-32,433	1,895	13,673
Net Income
Depreciation & Amortization	9,871	25,734	—	—	8,969	8,674	9,089	8,318	27,892	9,119	10,206
Depreciation, Amortization and Impairment Losses
Other Adjustments	3,014	4,883	51,710	17,638	8,174	11,257	3,137	-488	-8,568	-3,007	405
Taxes
Earnings/ Dividends in JV and Associated Companies
Other
Adjustments to Reconcile Net Income to Cash
Changes in Trade Receivables	-1,652	5,331	4,625	3,034	1,585	-2,815	10,137	-962	2,177	4,983	7,824
Customer Finance, Current and Non-Current
Trade Receivables and Contract Assets
Changes in Inventories	138	10,208	9,304	-7,740	-5,565	384	261	-4,807	4,719	-613	-366
Inventories
Changes in Accounts Payable	1,474	496	-10,037	-1,995	1,385	4,303	-372	2,436	1,886	2,775	-2,676
Trade Payables
Changes in Accrued Expenses	-2,220	-53	1,308	2,339	-118	-2,669	-3,729	6,696	4,755	3,106	544
Provisions and Post-Employment Benefits
Changes in Unearned Revenue	3,991	4,598	-7,088	5,794	4,014	-560	-1,579	-808	5,024	—	—
Contract Liabilities
Changes in Other Operating Activities	-5,678	-5,310	-16,541	-7,319	-2,359	-7,264	-1,911	5,233	4,149	-4,248	-9,013
Other Operating Assets and Liabilities, Net
Interest Received
Interest Paid
Taxes Paid
Cash from Operating Activities	33,960	46,261	7,177	30,863	39,065	28,933	16,873	9,342	9,601	14,010	20,597
Cash Flow from Operating Activities

Investing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Capital Expenditure	-2,448	-2,340	-3,297	-4,477	-3,663	-4,493	-5,118	-3,975	-3,877	-6,129	-8,338
Investments in Property, Plant and Equipment
Proceeds from Sale of Property, Plant & Equipment	150	116	163	249	115	254	744	334	1,016	482	1,301
Sales of Property, Plant and Equipment
Purchases of Intangible Assets	-1,109	-1,300	-2,173	-1,720	-962	-817	-1,545	-925	-1,444	-4,483	-3,302
Product Development
Purchases of Investments	-35,090	-19,622	-15,304	-13,582	-35,415	—	—	—	—	—	—
Purchase of Interest-Bearing Securities
Proceeds from Sale of Investments	14,426	11,247	11,739	40,541	20,114	-1,348	4,214	2,242	-11,578	5,473	5,095
Sales of Interest-Bearing Securities
Interest-Bearing Securities
Proceeds from Business Divestments	—	—	-625	307	—	—	—	—	—	—	—
Divestments of Subsidiaries and Other Operations
Other Investing Activities	9,341	-4,053	784	-55,715	-72	-8,797	-1,836	-1,808	-187	-3,626	-2,743
Acquisitions/Divestments of Subsidiaries and Other Operations, Net
Other Investing Activities
Cash from Investing Activities	-14,730	-15,952	-8,713	-34,397	-19,883	-15,201	-3,541	-4,132	-16,070	-8,283	-7,987
Cash Flow from Investing Activities

Financing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Issuance of Long-Term Debt	683	3,615	19,728	10,755	7,882	3,219	—	—	—	—	—
Proceeds from Issuance of Borrowings
Repayments of Long-Term Debt	-910	-15,917	-7,884	-16,029	-5,791	-9,031	—	—	—	—	—
Repayment of Borrowings
Net Issuance / (Repayments) of Long-Term Debt	-227	-12,302	11,844	-5,274	2,091	-5,812	—	—	—	—	—
Issuance of Common Shares	—	—	—	—	42	—	—	—	—	—	—
Proceeds from Stock Issue
Sale/Repurchase of Own Shares
Net Issuance / (Repurchases) of Common Shares	—	—	—	—	42	—	—	—	—	—	—
Common Share Dividends Paid	-9,325	-9,233	-9,104	-8,415	-6,889	-5,996	-4,450	-3,425	-3,424	-12,263	-11,337
Dividends Paid
Other Financing Activities	-1,275	-2,330	-1,733	-2,241	-4,551	-684	-2,450	-652	8,902	521	627
Repayment of Lease Liabilities
Other Financing Activities
Cash from Financing Activities	-10,827	-23,865	1,007	-15,930	-9,307	-12,492	-6,900	-4,077	5,478	-11,742	-10,710
Cash Flow from Financing Activities

Free Cash Flow	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Free Cash Flow	31,512	43,921	3,880	26,386	35,402	24,440	11,755	5,367	5,724	7,881	12,259
NOPAT	25,484.5	623	-22,753.5	20,984.4	24,967.7	18,009	2,218.4	5,328	-31,337.1	2,964.9	15,003
Levered Free Cash Flow	29,545	21,051	-40,953	52	27,448	10,046	-1,136	6,563	11,972	5,726	3,906
Unlevered Free Cash Flow	30,612.5	33,956	-49,104.5	7,586.4	27,630.7	16,384	-1,140.6	18,421	13,210.9	6,974.9	5,360
Net Change in Cash	8,403	6,444	-529	-19,464	9,875	1,240	6,432	1,133	-991	-6,015	1,900