Transat A.T. Cash Flow Statement

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Net Income	241.92	-114.03	-25.29	-445.32	-389.56
Depreciation & Amortization	253.15	217.51	176.44	146.43	150.64
Other Amortization	3.65	4.36	18.07	7	9.13
Loss (Gain) From Sale of Assets	-19.24	-24.89	-2.17	-3.93	-17.35
Asset Writedown & Restructuring Costs	-	-	4.59	0.78	33.45
Loss (Gain) From Sale of Investments	-	-3.11	-	-	-
Loss (Gain) on Equity Investments	-	-0.13	-2.76	2.48	4.7
Stock-Based Compensation	0.17	-0.05	0.24	0.14	-
Other Operating Activities	-340.54	38.46	58.93	102.96	-19.56
Change in Other Net Operating Assets	17.87	-23.45	93.71	11.61	-289.9
Operating Cash Flow	156.98	94.67	321.75	-177.85	-518.44
Operating Cash Flow Growth	65.81%	-70.58%	-	-	-
Capital Expenditures	-97.86	-138.57	-57.57	-32.53	-5.6
Sale of Property, Plant & Equipment	92.07	88.13	-	-	0.42
Cash Acquisitions	-	-	-	-	-15
Divestitures	-	-	48.11	-	-
Investment in Securities	-	20.41	-	-0.71	-0.82
Other Investing Activities	-4.41	-1.43	1.52	-0.55	25.54
Investing Cash Flow	-10.21	-31.45	-7.94	-33.78	4.54
Long-Term Debt Issued	30	-	-	213.22	599.85
Long-Term Debt Repaid	-246.87	-242.28	-204.36	-111.68	-74.54
Net Debt Issued (Repaid)	-216.87	-242.28	-204.36	101.54	525.31
Issuance of Common Stock	1.93	1.99	1.53	0.91	-
Other Financing Activities	-28.25	-	-0.19	-2.76	-3.24
Financing Cash Flow	-243.19	-240.29	-203.02	99.69	522.07
Foreign Exchange Rate Adjustments	1	1.76	2.32	1.29	-1.41
Net Cash Flow	-95.42	-175.31	113.11	-110.66	6.76
Free Cash Flow	59.12	-43.9	264.18	-210.39	-524.04
Free Cash Flow Margin	1.74%	-1.34%	8.67%	-12.81%	-419.85%
Free Cash Flow Per Share	1.42	-1.13	6.90	-5.56	-13.88
Cash Interest Paid	120.18	92.16	85.17	-	-
Cash Income Tax Paid	1.29	0.95	3.98	-12.17	-2.38
Levered Free Cash Flow	148.9	-12.09	237.84	-112.46	-481.38
Unlevered Free Cash Flow	231.47	74.57	306.38	-48.5	-433.86
Change in Working Capital	17.87	-23.45	93.71	11.61	-289.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.