PrairieSky Royalty 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	220.8	215.3	227.6	317.5	123.3	31.7
Depreciation & Amortization	161	165.5	147.6	153.5	109.6	111
Other Amortization	0.6	0.5	0.4	0.7	0.3	-
Stock-Based Compensation	-5.9	7.5	-2.9	23.3	11.8	0.6
Other Operating Activities	-5	-8.3	9.8	12.6	28.4	3.5
Change in Accounts Receivable	-3	-7.4	18.7	-27.9	-	-
Change in Accounts Payable	2.2	5	-0.1	2	-	-
Change in Income Taxes	-4.8	2	-82	83.8	-	-
Change in Other Net Operating Assets	-1.2	-0.2	-0.2	-	-21.4	5.5
Operating Cash Flow	364.7	379.9	318.9	565.5	252	152.3
Operating Cash Flow Growth	-12.46%	19.13%	-43.61%	124.41%	65.46%	-27.37%
Capital Expenditures	-103.3	-49.1	-57.9	-30.6	-985.6	-9.4
Sale of Property, Plant & Equipment	0.7	-	-	-	-	-
Other Investing Activities	-	-	-	-	-0.8	0.8
Investing Cash Flow	-102.6	-49.1	-57.9	-30.6	-986.4	-8.6
Long-Term Debt Issued	-	-	-	-	602.1	35.6
Total Debt Issued	150.8	-	-	-	602.1	35.6
Long-Term Debt Repaid	-	-93.1	-31.5	-426.6	-0.8	-0.7
Total Debt Repaid	-7.1	-93.1	-31.5	-426.6	-0.8	-0.7
Net Debt Issued (Repaid)	143.7	-93.1	-31.5	-426.6	601.3	34.9
Issuance of Common Stock	-	-	-	-	220.1	-
Repurchase of Common Stock	-161.7	-	-	-	-22.7	-90.9
Common Dividends Paid	-242	-236.4	-229.2	-107.6	-62.4	-87.8
Other Financing Activities	-2.1	-1.3	-0.3	-0.7	-1.9	0.1
Financing Cash Flow	-262.1	-330.8	-261	-534.9	734.4	-143.7
Free Cash Flow	261.4	330.8	261	534.9	-733.6	142.9
Free Cash Flow Growth	-29.08%	26.74%	-51.21%	-	-	-28.44%
Free Cash Flow Margin	56.81%	70.34%	54.42%	86.37%	-249.86%	89.48%
Free Cash Flow Per Share	1.10	1.38	1.09	2.24	-3.28	0.62
Cash Interest Paid	9.4	10.3	17	17.8	4.3	1.5
Cash Income Tax Paid	71.5	63.5	140.8	1.8	3.4	5.9
Levered Free Cash Flow	221.66	306.48	210.64	511.88	-772.94	129.13
Unlevered Free Cash Flow	228.38	313.6	221.18	522.8	-770.05	130.06
Change in Working Capital	-6.8	-0.6	-63.6	57.9	-21.4	5.5

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