ARC Resources Cash Flow Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,275	1,124	1,597	2,302	786.6
Depreciation & Amortization	1,568	1,370	1,424	1,331	1,077
Loss (Gain) From Sale of Assets	-4	-80	-84.4	-2	-
Asset Writedown & Restructuring Costs	-	3.2	-	-3.6	-137.5
Loss (Gain) From Sale of Investments	-2.5	2	-7.3	6.7	4
Stock-Based Compensation	0.7	1	1.2	1.2	2.6
Other Operating Activities	355.1	52.7	-290.5	76.9	682.5
Change in Other Net Operating Assets	-98.9	-123.9	-245.3	120.8	-408.9
Operating Cash Flow	3,094	2,349	2,394	3,833	2,007
Operating Cash Flow Growth	31.72%	-1.91%	-37.54%	91.04%	206.01%
Capital Expenditures	-1,891	-1,833	-1,838	-1,429	-1,055
Sale of Property, Plant & Equipment	4	80	117.8	11.9	79.7
Cash Acquisitions	-1,672	-	-	-	4.9
Investment in Securities	-3.5	-6.8	-5.4	-12	-2.5
Other Investing Activities	26.1	-146.5	35.2	15.7	164.7
Investing Cash Flow	-3,536	-1,906	-1,691	-1,413	-808.1
Long-Term Debt Issued	7,596	7,348	4,248	7,027	7,629
Long-Term Debt Repaid	-6,204	-7,205	-4,163	-7,833	-8,368
Net Debt Issued (Repaid)	1,392	143.4	85.1	-805.8	-739
Issuance of Common Stock	10.4	16.5	16.6	29.4	13.9
Repurchase of Common Stock	-514	-202.4	-469.3	-1,292	-340.6
Common Dividends Paid	-444	-405.7	-392	-294.3	-133.1
Other Financing Activities	4.9	4.7	-	-	-
Financing Cash Flow	449.5	-443.5	-759.6	-2,363	-1,199
Net Cash Flow	7	-1.1	-56	57.1	-0.4
Free Cash Flow	1,203	515.7	556	2,405	951.6
Free Cash Flow Growth	133.28%	-7.25%	-76.88%	152.68%	197.19%
Free Cash Flow Margin	19.80%	10.11%	9.83%	27.83%	18.62%
Free Cash Flow Per Share	2.06	0.86	0.91	3.63	1.52
Cash Interest Paid	129.5	117.4	88.1	82.8	118.9
Cash Income Tax Paid	183.3	199.7	510.2	-1.8	56.9
Levered Free Cash Flow	822.75	261.9	189.04	1,848	1,243
Unlevered Free Cash Flow	906.63	336.71	246.73	1,901	1,322
Change in Working Capital	-98.9	-123.9	-245.3	120.8	-408.9

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