Capital Power Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	413	699	744	138	98	136
Depreciation & Amortization	553	498	570	554	539	478
Other Amortization	5	5	4	6	49	31
Loss (Gain) on Sale of Investments	-282	-282	-	-	-	-
Loss (Gain) on Equity Investments	66	44	-29	-16	2	14
Asset Writedown	-27	-	-	-	58	13
Change in Accounts Receivable	194	194	275	-465	-1	-23
Change in Inventory	77	77	-4	-8	1	-31
Change in Accounts Payable	-58	-58	-470	655	86	89
Change in Unearned Revenue	-5	-5	-4	-7	16	-5
Change in Other Net Operating Assets	-19	-35	-23	4	-2	-4
Other Operating Activities	278	7	-241	74	21	-100
Net Cash from Discontinued Operations	-	-	-	-	-	13
Operating Cash Flow	1,195	1,144	822	935	867	611
Operating Cash Flow Growth	73.69%	39.17%	-12.09%	7.84%	41.90%	-15.14%
Capital Expenditures	-971	-1,070	-723	-682	-622	-318
Cash Acquisitions	-2,974	-908	-134	-273	-	-79
Divestitures	333	333	-	-	-	-
Investment in Securities	-	-316	-	-	-	-
Other Investing Activities	65	45	50	45	57	48
Investing Cash Flow	-3,547	-1,916	-807	-910	-565	-349
Short-Term Debt Issued	-	-	399	-	-	-
Long-Term Debt Issued	-	1,050	1,200	447	236	578
Total Debt Issued	1,817	1,050	1,599	447	236	578
Long-Term Debt Repaid	-	-788	-151	-77	-347	-450
Net Debt Issued (Repaid)	1,705	262	1,448	370	-111	128
Issuance of Common Stock	1,147	486	8	16	309	18
Repurchase of Common Stock	-	-	-	-	-	-10
Common Dividends Paid	-	-	-	-259	-168	-190
Preferred Dividends Paid	-	-	-	-37	-51	-52
Dividends Paid	-	-280	-290	-296	-219	-242
Other Financing Activities	-439	-116	-63	-42	-54	-40
Financing Cash Flow	2,413	202	1,103	-102	-275	-146
Foreign Exchange Rate Adjustments	-5	17	-2	-3	-7	3
Miscellaneous Cash Flow Adjustments	-5	-5	-	-	-	-
Net Cash Flow	51	-558	1,116	-80	20	119
Free Cash Flow	224	74	99	253	245	293
Free Cash Flow Growth	-	-25.25%	-60.87%	3.26%	-16.38%	244.71%
Free Cash Flow Margin	6.64%	2.01%	2.43%	9.33%	13.94%	16.36%
Free Cash Flow Per Share	1.55	0.57	0.84	2.16	2.17	2.77
Cash Interest Paid	233	163	111	89	111	132
Cash Income Tax Paid	18	51	227	52	14	63
Levered Free Cash Flow	-235.5	-333.38	-5.63	449.25	398.5	382.5
Unlevered Free Cash Flow	-63	-194	96.25	536.75	469.5	476.5
Change in Working Capital	189	173	-226	179	100	26

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