PrairieSky Royalty Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Net Income	205	215.3	227.6	317.5	123.3
Depreciation & Amortization	154.6	165.5	147.6	153.5	109.6
Other Amortization	0.6	0.5	0.4	0.7	0.3
Stock-Based Compensation	-11.9	7.5	-2.9	23.3	11.8
Other Operating Activities	4.7	-8.3	9.8	12.6	28.4
Change in Accounts Receivable	5.7	-7.4	18.7	-27.9	-
Change in Accounts Payable	3.9	5	-0.1	2	-
Change in Income Taxes	-5.4	2	-82	83.8	-
Change in Other Net Operating Assets	0.2	-0.2	-0.2	-	-21.4
Operating Cash Flow	357.4	379.9	318.9	565.5	252
Operating Cash Flow Growth	-5.92%	19.13%	-43.61%	124.41%	65.46%
Capital Expenditures	-99.9	-49.1	-57.9	-30.6	-985.6
Sale of Property, Plant & Equipment	0.7	-	-	-	-
Other Investing Activities	-	-	-	-	-0.8
Investing Cash Flow	-99.2	-49.1	-57.9	-30.6	-986.4
Long-Term Debt Issued	147.2	-	-	-	602.1
Total Debt Issued	147.2	-	-	-	602.1
Long-Term Debt Repaid	-0.1	-93.1	-31.5	-426.6	-0.8
Net Debt Issued (Repaid)	147.1	-93.1	-31.5	-426.6	601.3
Issuance of Common Stock	-	-	-	-	220.1
Repurchase of Common Stock	-161.7	-	-	-	-22.7
Common Dividends Paid	-242.8	-236.4	-229.2	-107.6	-62.4
Other Financing Activities	-0.8	-1.3	-0.3	-0.7	-1.9
Financing Cash Flow	-258.2	-330.8	-261	-534.9	734.4
Free Cash Flow	257.5	330.8	261	534.9	-733.6
Free Cash Flow Growth	-22.16%	26.74%	-51.21%	-	-
Free Cash Flow Margin	57.45%	70.34%	54.42%	86.37%	-249.86%
Free Cash Flow Per Share	1.09	1.38	1.09	2.24	-3.28
Cash Interest Paid	12	10.3	17	17.8	4.3
Cash Income Tax Paid	68.1	63.5	140.8	1.8	3.4
Levered Free Cash Flow	206.09	306.48	210.64	511.88	-772.94
Unlevered Free Cash Flow	213.8	313.6	221.18	522.8	-770.05
Change in Working Capital	4.4	-0.6	-63.6	57.9	-21.4

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