Baytex Energy 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	214.63	236.6	-233.36	855.61	1,614	-2,439
Depreciation & Amortization	1,327	1,408	1,911	365.23	-1,050	509.37
Other Amortization	12.01	16.69	11.94	6.29	4.86	6.62
Loss (Gain) From Sale of Assets	-4.55	1.22	141.3	-4.9	-9.67	-0.9
Asset Writedown & Restructuring Costs	-	-	-	-	-	2,360
Stock-Based Compensation	-	-	16.24	3.16	6.39	7.22
Other Operating Activities	146.96	263.76	-330.36	-78.58	174.03	-139.22
Change in Other Net Operating Assets	31.31	-17.92	-220.9	26.07	-26.58	48.76
Operating Cash Flow	1,727	1,908	1,296	1,173	712.38	353.1
Operating Cash Flow Growth	-9.75%	47.27%	10.47%	64.64%	101.75%	-57.71%
Capital Expenditures	-1,307	-1,314	-1,056	-524.04	-315.77	-282.62
Sale of Property, Plant & Equipment	53.58	46.5	160.26	25.65	7.8	0.18
Cash Acquisitions	-	-	-662.58	-	-	-
Other Investing Activities	14.73	-11.38	46.81	9.4	-2.8	-32.03
Investing Cash Flow	-1,239	-1,279	-1,512	-488.99	-310.76	-314.47
Long-Term Debt Issued	-	780.94	1,524	-	-	795.4
Long-Term Debt Repaid	-	-1,136	-954.39	-517.3	-401.62	-839.6
Net Debt Issued (Repaid)	-354.76	-355.16	569.19	-517.3	-401.62	-44.2
Repurchase of Common Stock	-70.89	-222.2	-221.93	-158.98	-	-
Common Dividends Paid	-69.52	-71.99	-37.52	-	-	-
Other Financing Activities	-3.79	-18.82	-43.49	-2.14	-	-
Financing Cash Flow	-498.96	-668.17	266.25	-678.42	-401.62	-44.2
Net Cash Flow	-10.89	-39.21	50.35	5.46	-	-5.57
Free Cash Flow	419.76	593.85	239.61	648.83	396.62	70.48
Free Cash Flow Growth	-27.09%	147.83%	-63.07%	63.59%	462.77%	-74.69%
Free Cash Flow Margin	13.73%	17.84%	8.83%	27.89%	25.94%	8.68%
Free Cash Flow Per Share	0.54	0.73	0.34	1.15	0.69	0.13
Cash Interest Paid	183.34	200.22	153.22	84.23	93.11	102.36
Cash Income Tax Paid	23.37	19.43	3.6	2.3	0.25	1.16
Levered Free Cash Flow	332.8	441.7	776.78	353.69	-227.33	130.52
Unlevered Free Cash Flow	443.48	564.25	872.19	401.58	-171.61	194.63
Change in Working Capital	31.31	-17.92	-220.9	26.07	-26.58	48.76

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