CannTrust Holdings Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Mar '19 Mar 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Jan '15 Jan 1, 2015
Net Income	-12.19	-13.55	6.89	-12.82	-6.41	-12.75
Depreciation & Amortization	4.29	4.08	2.22	1.23	1.12	0.47
Other Amortization	-	-	-	0.01	0.74	-
Loss (Gain) From Sale of Assets	-	-	-	0.03	0.14	0.04
Loss (Gain) From Sale of Investments	0.71	2.09	-	-	-	-
Loss (Gain) on Equity Investments	0.46	0.39	0.15	0.15	-	-
Stock-Based Compensation	7.83	8.06	2.45	1.03	0.52	-
Other Operating Activities	-13.7	-9.21	-8.83	7.01	-2.33	7.85
Change in Accounts Receivable	-1.86	-5.41	-0.08	-0.08	-0.06	-
Change in Inventory	-15.96	-13.86	-3.53	-0.61	0.45	-0.28
Change in Accounts Payable	4.52	6.23	4.74	1.16	0.29	0.93
Change in Other Net Operating Assets	-10.68	0.75	-4.51	0.9	0.93	0.96
Operating Cash Flow	-36.57	-20.45	-0.5	-2	-4.62	-2.78
Capital Expenditures	-36.98	-33.02	-23.99	-1.21	-0.71	-5.63
Sale of Property, Plant & Equipment	-	-	0.14	-	-	0.01
Cash Acquisitions	-	-	-6.5	-	-	-
Investment in Securities	-53	-76.7	-0.48	0.13	0.2	-
Other Investing Activities	0.2	0.21	0.05	-	-	-
Investing Cash Flow	-89.78	-109.51	-30.79	-1.07	-0.51	-5.62
Short-Term Debt Issued	-	-	-	-	0.8	0.3
Long-Term Debt Issued	-	13.28	-	1.04	2.55	-
Total Debt Issued	3.75	13.28	-	1.04	3.35	0.3
Short-Term Debt Repaid	-	-	-	-	-0.2	-0.3
Long-Term Debt Repaid	-	-0.44	-	-	-	-
Total Debt Repaid	-0.65	-0.44	-	-	-0.2	-0.3
Net Debt Issued (Repaid)	3.1	12.84	-	1.04	3.15	-
Issuance of Common Stock	96.58	98.91	1.38	4.47	2.2	5.74
Other Financing Activities	9.12	9.27	42.97	-0.24	-	-0.03
Financing Cash Flow	108.8	121.02	44.35	5.28	5.35	10.79
Net Cash Flow	-17.55	-8.94	13.07	2.2	0.22	2.39
Free Cash Flow	-73.55	-53.47	-24.5	-3.2	-5.33	-8.41
Free Cash Flow Margin	-134.57%	-117.13%	-118.35%	-73.13%	-875.96%	-
Free Cash Flow Per Share	-0.72	-0.54	-0.30	-0.07	-0.14	-0.24
Cash Interest Paid	0.63	0.48	0.57	-	-	0.12
Levered Free Cash Flow	-75.77	-50.92	-29.21	-4.12	-2.05	-
Unlevered Free Cash Flow	-75.22	-50.5	-28.9	-3.66	-2.56	-
Change in Working Capital	-23.98	-12.29	-3.37	1.36	1.61	1.61

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