FCXXF 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	1,064	204.93	-134.06	-160	460.13
Depreciation & Amortization	2.51	2.57	3.9	5.67	6.02
Other Amortization	6.5	9.31	7.42	6.97	7.63
Gain (Loss) on Sale of Investments	-0.31	-0.45	-0.47	9.58	-14.79
Asset Writedown	-79.79	8.16	419.95	402.81	-197.5
Restructuring Activities	0.45	-	-	-	-
Stock-Based Compensation	18.89	16	3.35	2.52	16.96
Income (Loss) on Equity Investments	35.74	38.94	-48.5	0.2	1.46
Change in Accounts Receivable	0.65	5.94	4.52	1.81	18.51
Change in Accounts Payable	-13.87	-17.73	0.4	3.25	5.33
Change in Other Net Operating Assets	3.77	-9.76	1	-13.4	-13.91
Other Operating Activities	-775.44	11.06	4.47	-6.91	-40.24
Operating Cash Flow	206.71	233.79	227.73	251.22	249.61
Operating Cash Flow Growth	-11.58%	2.66%	-9.35%	0.64%	13.72%
Acquisition of Real Estate Assets	-174.59	-157.22	-219.51	-188.81	-168.02
Sale of Real Estate Assets	161.43	195.62	278.89	187.96	319.07
Net Sale / Acq. of Real Estate Assets	-13.16	38.4	59.38	-0.84	151.05
Investment in Marketable & Equity Securities	-2.07	-15.62	0.33	1.44	-0.91
Other Investing Activities	-23.34	-25.6	-31.6	60.62	-4.43
Investing Cash Flow	-50.89	33.38	83.69	133.98	154.89
Long-Term Debt Issued	819.02	806.44	286.21	297.14	-
Long-Term Debt Repaid	-893.9	-834.01	-335.74	-494.28	-373.98
Net Debt Issued (Repaid)	-74.88	-27.56	-49.53	-197.15	-373.98
Issuance of Common Stock	-	-	-	0.12	0.98
Repurchase of Common Stock	-	-	-25.69	-94.46	-
Common Dividends Paid	-188.59	-183.39	-183.66	-116.72	-102.62
Other Financing Activities	10.96	6.65	2.18	21	5.37
Net Cash Flow	-96.68	62.87	54.73	-2.01	-65.75
Cash Interest Paid	159.17	154.74	150.11	149.24	149.49
Levered Free Cash Flow	199.83	109.65	133.62	232.72	57.7
Unlevered Free Cash Flow	292.58	204.19	222.51	319.53	145.48
Change in Working Capital	-65.87	-56.73	-28.32	-10.18	9.93

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.