Maple Leaf Foods 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	203.93	96.6	-124.98	-311.89	102.82	113.28
Depreciation & Amortization	236.14	249.49	254.81	213.48	180.42	176.18
Other Amortization	15.2	16.17	16.16	16.2	18.62	17.38
Loss (Gain) From Sale of Assets	-17.6	-9.3	-0.52	1.97	3.82	-2.02
Asset Writedown & Restructuring Costs	15.48	16.11	-20.73	219.26	4.24	2.27
Loss (Gain) From Sale of Investments	-	-	1.95	-	-	-
Stock-Based Compensation	22.5	21.91	11.98	19.39	21.96	17.3
Other Operating Activities	48.95	67.19	27.09	-1.14	11.81	22.96
Change in Other Net Operating Assets	-46.86	6.76	11.12	-107.94	-38.9	-25.88
Operating Cash Flow	477.75	464.92	176.88	49.32	304.79	321.45
Operating Cash Flow Growth	21.87%	162.84%	258.66%	-83.82%	-5.18%	18.98%
Capital Expenditures	-107.08	-96.62	-201.15	-377.95	-600.69	-440.75
Sale of Property, Plant & Equipment	24.44	14.08	18.04	0.61	1.5	37.37
Cash Acquisitions	-	-	-	-	-41.93	-
Investment in Securities	-	-	-0.2	-0.6	-3.18	-14.05
Other Investing Activities	-	-	-5.26	0.93	20.82	-
Investing Cash Flow	-82.64	-82.54	-188.57	-377.02	-623.48	-417.43
Long-Term Debt Issued	-	-	253.06	453.89	500.3	215.6
Long-Term Debt Repaid	-	-323.33	-32.95	-33.89	-36.84	-37.55
Net Debt Issued (Repaid)	-274.13	-323.33	220.11	420	463.45	178.05
Issuance of Common Stock	26.24	2.5	15.87	6.14	13.53	1.01
Repurchase of Common Stock	-13.03	-	-16.09	-66.38	-7.51	-
Common Dividends Paid	-103.08	-86.68	-92.54	-99.08	-89.05	-78.93
Other Financing Activities	-0.55	-2.32	-3.38	-3.94	-0.53	-0.6
Financing Cash Flow	-364.55	-409.84	123.97	256.74	379.9	99.53
Net Cash Flow	30.57	-27.46	112.29	-70.96	61.2	3.54
Free Cash Flow	370.68	368.3	-24.27	-328.63	-295.9	-119.31
Free Cash Flow Growth	31.15%	-	-	-	-	-
Free Cash Flow Margin	7.27%	7.52%	-0.50%	-6.93%	-6.54%	-2.77%
Free Cash Flow Per Share	2.94	2.96	-0.20	-2.66	-2.37	-0.96
Cash Interest Paid	114.28	148.93	150.43	54.9	22.09	28.84
Cash Income Tax Paid	-	-75.71	-39.03	30.16	69.6	26.21
Levered Free Cash Flow	-11.44	310.91	-36.75	-381.9	-244.04	-38.74
Unlevered Free Cash Flow	56.58	406.49	52.43	-350.41	-234.1	-24.67
Change in Working Capital	-46.86	6.76	11.12	-107.94	-38.9	-25.88

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.