Stella-Jones 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	339	319	326	241	227	210
Depreciation & Amortization	133	123	103	85	71	74
Other Amortization	7	7	6	4	3	2
Other Operating Activities	-51	16	17	30	-27	48
Change in Accounts Receivable	13	56	-7	-43	-19	-32
Change in Inventory	104	-82	-353	-75	-21	-123
Change in Accounts Payable	-42	-40	9	22	24	1
Change in Income Taxes	-	-	-2	-	-	-
Change in Other Net Operating Assets	10	9	8	-9	-7	-2
Operating Cash Flow	513	408	107	255	251	178
Operating Cash Flow Growth	81.27%	281.31%	-58.04%	1.59%	41.01%	97.78%
Capital Expenditures	-114	-132	-152	-93	-46	-42
Cash Acquisitions	-58	-4	-93	-46	-129	-
Sale (Purchase) of Intangibles	-10	-11	-10	-11	-16	-13
Sale (Purchase) of Real Estate	-	-	-3	-4	-2	-
Other Investing Activities	33	10	-	-	-	1
Investing Cash Flow	-149	-137	-258	-154	-193	-54
Short-Term Debt Issued	-	-	-	-	125	-
Long-Term Debt Issued	-	568	395	202	247	20
Total Debt Issued	414	568	395	202	372	20
Short-Term Debt Repaid	-	-	-	-	-123	-
Long-Term Debt Repaid	-	-636	-51	-74	-153	-43
Total Debt Repaid	-562	-636	-51	-74	-276	-43
Net Debt Issued (Repaid)	-148	-68	344	128	96	-23
Repurchase of Common Stock	-80	-90	-142	-180	-108	-60
Common Dividends Paid	-67	-63	-53	-49	-47	-40
Other Financing Activities	-	-	2	-	1	-1
Financing Cash Flow	-295	-221	151	-101	-58	-124
Net Cash Flow	69	50	-	-	-	-
Free Cash Flow	399	276	-45	162	205	136
Free Cash Flow Growth	179.02%	-	-	-20.98%	50.73%	466.67%
Free Cash Flow Margin	11.42%	7.96%	-1.36%	5.29%	7.46%	5.33%
Free Cash Flow Per Share	7.17	4.89	-0.78	2.64	3.15	2.02
Cash Interest Paid	75	85	68	32	23	26
Cash Income Tax Paid	112	87	99	65	91	42
Levered Free Cash Flow	284.25	118.75	-117.25	46.88	138.38	102.5
Unlevered Free Cash Flow	331.13	173.75	-74.75	67.5	152.75	118.13
Change in Working Capital	85	-57	-345	-105	-23	-156

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