Richelieu Hardware Cash Flow Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Net Income	85.82	85.75	111.47	168.39	141.76
Depreciation & Amortization	75.85	67.69	59.88	47.75	36.01
Other Amortization	-	1.27	1.05	0.89	0.94
Stock-Based Compensation	2.75	2.9	2.57	2.65	1.99
Other Operating Activities	16.06	8.09	15.51	8.11	2.28
Change in Accounts Receivable	-9.7	-0.01	-	-	-
Change in Inventory	30.1	-15.8	-	-	-
Change in Accounts Payable	-	-8.1	-	-	-
Change in Other Net Operating Assets	1.51	-8.23	80.17	-260.65	-78.59
Operating Cash Flow	202.38	133.56	270.66	-32.86	104.41
Operating Cash Flow Growth	51.53%	-50.65%	-	-	-29.70%
Capital Expenditures	-15.21	-29.95	-36.43	-20.85	-15.96
Cash Acquisitions	-47.06	-20.29	-19.69	-44.26	-49.44
Sale (Purchase) of Intangibles	-	-0.6	-2.69	-1.8	-1.1
Sale (Purchase) of Real Estate	-	-0.01	-2.98	0.08	-
Investing Cash Flow	-62.27	-50.84	-61.79	-66.83	-66.49
Long-Term Debt Repaid	-52.71	-44.31	-39.41	-31.06	-25.87
Net Debt Issued (Repaid)	-52.71	-44.31	-39.41	-31.06	-25.87
Issuance of Common Stock	3.58	3.45	8.55	6.28	5.16
Repurchase of Common Stock	-16.24	-38.71	-0.77	-12.29	-13.09
Common Dividends Paid	-33.88	-33.5	-33.52	-29.08	-15.65
Other Financing Activities	-5.12	-4.8	-7.2	-3.81	-0.51
Financing Cash Flow	-104.37	-117.87	-72.36	-69.95	-53.69
Foreign Exchange Rate Adjustments	-0.82	-0.84	-0.81	-1.05	0.55
Net Cash Flow	34.92	-35.99	135.7	-170.7	-15.22
Free Cash Flow	187.17	103.61	234.23	-53.71	88.45
Free Cash Flow Growth	80.66%	-55.77%	-	-	-35.99%
Free Cash Flow Margin	9.53%	5.66%	13.10%	-2.98%	6.14%
Free Cash Flow Per Share	3.38	1.85	4.17	-0.95	1.57
Cash Interest Paid	3.24	2.33	6.39	3.31	-
Cash Income Tax Paid	-	37.55	61.49	72.83	36.7
Levered Free Cash Flow	152.11	88.16	194.19	-109.36	45.61
Unlevered Free Cash Flow	161.07	95.45	202.49	-104.9	47.29
Change in Working Capital	21.91	-32.14	80.17	-260.65	-78.59

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