Precision Drilling 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	58.81	111.2	289.24	-34.29	-177.39	-120.14
Depreciation & Amortization	308.07	305.79	294.09	275.37	278.61	312.35
Other Amortization	6.85	7.23	7.21	6.84	13.59	10.17
Loss (Gain) From Sale of Assets	-14.66	-16.15	-24.47	-29.93	-8.52	-11.93
Loss (Gain) From Sale of Investments	3.35	1.48	6.81	-12.45	0.4	-
Stock-Based Compensation	16.4	18.89	6.66	60.09	31.95	17.77
Other Operating Activities	52.4	34.93	-46.14	17.36	13.59	-37.5
Change in Other Net Operating Assets	18.37	18.71	-32.84	-45.89	-13.02	55.39
Operating Cash Flow	449.57	482.08	500.57	237.1	139.23	226.12
Operating Cash Flow Growth	-8.16%	-3.69%	111.12%	70.30%	-38.43%	-21.53%
Capital Expenditures	-240.96	-216.65	-224.96	-184.25	-75.94	-61.54
Sale of Property, Plant & Equipment	30.36	30.4	23.84	37.2	13.09	21.09
Cash Acquisitions	-	-	-28.65	-10.2	-	-
Sale (Purchase) of Intangibles	-	-0.05	-1.79	-	-	-0.06
Investment in Securities	-0.74	2.9	4.67	-0.62	-3.5	-
Other Investing Activities	-5.89	-20.38	11.85	13.45	9.74	-0.02
Investing Cash Flow	-216.4	-202.99	-214.78	-144.42	-56.61	-40.52
Long-Term Debt Issued	-	27.98	162.65	144.89	696.34	151.07
Long-Term Debt Repaid	-	-217.59	-384.66	-257.88	-831.6	-284.33
Net Debt Issued (Repaid)	-140.02	-189.61	-222.01	-112.99	-135.26	-133.26
Issuance of Common Stock	0.21	0.69	-	9.83	-	-
Repurchase of Common Stock	-79.08	-75.49	-29.96	-10.01	-4.29	-11.32
Other Financing Activities	-1.57	3.03	-	-	-10.36	-1.04
Financing Cash Flow	-220.47	-261.39	-251.97	-113.17	-149.91	-145.62
Foreign Exchange Rate Adjustments	1.3	1.88	-1.23	1.48	-0.88	-5.91
Net Cash Flow	14.01	19.59	32.6	-19	-68.18	34.07
Free Cash Flow	208.61	265.44	275.61	52.85	63.28	164.58
Free Cash Flow Growth	-17.62%	-3.69%	421.46%	-16.48%	-61.55%	28.31%
Free Cash Flow Margin	11.38%	13.95%	14.22%	3.27%	6.41%	17.59%
Free Cash Flow Per Share	14.85	18.65	18.03	3.90	4.75	11.99
Cash Interest Paid	63.05	72.24	83.04	85.68	67.26	103.85
Cash Income Tax Paid	6.35	6.37	3.08	3.24	5.95	5.08
Levered Free Cash Flow	193.25	224.74	206.2	197.07	187.15	252.48
Unlevered Free Cash Flow	228.86	266.02	255.46	248.98	234.55	313.91
Change in Working Capital	18.37	18.71	-32.84	-45.89	-13.02	55.39

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