FRA:CRC 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	6,655	6,106	8,233	10,937	7,664	-435
Depreciation & Amortization	7,703	6,910	6,343	6,014	5,909	6,251
Loss (Gain) From Sale of Investments	-	-50	-34	-182	-132	185
Stock-Based Compensation	141	279	491	804	514	-82
Other Operating Activities	296	884	-263	1,739	-441	-1,039
Change in Other Net Operating Assets	-25	-743	-2,417	79	964	-166
Operating Cash Flow	14,770	13,386	12,353	19,391	14,478	4,714
Operating Cash Flow Growth	0.01%	8.36%	-36.30%	33.93%	207.13%	-46.61%
Capital Expenditures	-6,642	-5,383	-4,909	-5,136	-4,493	-2,560
Cash Acquisitions	-9,163	-9,163	-	-	-	-
Investment in Securities	-	575	-	-	128	-
Other Investing Activities	-96	-124	51	149	662	-259
Investing Cash Flow	-15,901	-14,095	-4,858	-4,987	-3,703	-2,819
Long-Term Debt Issued	-	8,105	-	-	-	1,819
Long-Term Debt Repaid	-	-1,333	-701	-4,242	-7,171	-1,722
Net Debt Issued (Repaid)	6,761	6,772	-701	-4,242	-7,171	97
Issuance of Common Stock	223	280	372	442	707	108
Repurchase of Common Stock	-1,706	-2,660	-3,318	-5,571	-1,581	-271
Common Dividends Paid	-4,755	-4,429	-3,891	-3,222	-2,170	-1,950
Other Financing Activities	-	-	-	69	-	166
Financing Cash Flow	523	-37	-7,538	-14,228	-10,215	-1,850
Net Cash Flow	-608	-746	-43	176	560	45
Free Cash Flow	8,128	8,003	7,444	14,255	9,985	2,154
Free Cash Flow Growth	-16.30%	7.51%	-47.78%	42.76%	363.56%	-58.74%
Free Cash Flow Margin	21.05%	22.45%	20.70%	33.70%	33.22%	12.75%
Free Cash Flow Per Share	3.86	3.74	3.38	6.20	4.21	0.91
Cash Interest Paid	845	586	602	613	-	-
Cash Income Tax Paid	1,384	1,144	3,317	3,057	-62	-29
Levered Free Cash Flow	6,238	6,765	6,062	11,522	9,067	2,337
Unlevered Free Cash Flow	6,841	7,186	6,494	11,941	9,531	2,854
Change in Working Capital	-25	-743	-2,417	79	964	-166

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