Birchcliff 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	72.92	56.1	9.78	656.83	314.68	-57.82
Depreciation & Amortization	263.32	251.04	230.91	213.81	212.76	212.4
Stock-Based Compensation	4.71	6.04	13.64	6.46	2.43	2.43
Other Adjustments	51.16	-92.2	46.72	73.84	6.67	25.19
Changes in Other Operating Activities	-14.97	-17.27	19.48	-25.66	-21.16	5.98
Operating Cash Flow	359.86	203.71	320.53	925.28	515.37	188.18
Operating Cash Flow Growth	51.79%	-36.45%	-65.36%	79.54%	173.87%	-42.46%
Capital Expenditures	-324.85	-283	-308	-368.55	-232.48	-289.66
Sale of Property, Plant & Equipment	0.1	0.26	0.09	0.32	-	12.88
Purchases of Investments	-0.47	-0.22	-1.24	-1.96	-1.25	-
Other Investing Activities	-12.43	-10.39	-29.71	31.65	-13.65	-1.87
Investing Cash Flow	-337.65	-293.36	-338.86	-338.54	-247.38	-278.66
Short-Term Debt Issued	33.55	196.74	238.42	-369.07	-228.02	121.12
Net Short-Term Debt Issued (Repaid)	33.55	196.74	238.42	-369.07	-228.02	121.12
Issuance of Common Stock	9.85	10.78	7.16	23.01	12.64	0.01
Repurchase of Common Stock	-	-	-11.46	-57.21	-31.51	-0.61
Net Common Stock Issued (Repurchased)	9.85	10.78	-4.3	-34.2	-18.87	-0.6
Repurchase of Preferred Stock	-	-	-	-88.27	-1.66	-9.14
Net Preferred Stock Issued (Repurchased)	-	-	-	-88.27	-1.66	-9.14
Common Dividends Paid	-51.65	-107.83	-213.34	-	-	-
Other Financing Activities	-13.97	-10.04	-2.46	-95.19	-19.44	-20.91
Financing Cash Flow	-22.22	89.65	18.32	-586.73	-267.98	90.47
Net Cash Flow	-0.02	-0.01	-0.02	0.01	0	-0.01
Free Cash Flow	35.01	-79.29	12.53	556.73	282.89	-101.48
Free Cash Flow Growth	-	-	-97.75%	96.80%	-	-
FCF Margin	5.27%	-13.19%	1.79%	46.48%	32.26%	-19.37%
Free Cash Flow Per Share	0.13	-0.29	0.05	2.02	1.03	-0.38
Levered Free Cash Flow	29.96	203.61	190.58	107.37	45.78	-7.98
Unlevered Free Cash Flow	315.18	-29.54	94.1	641.99	420.8	-11.8

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.