Wayland Group Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep '18 Sep 30, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Net Income	-42.96	-67.01	-8.3	-3.6	-2.14	-0.45
Depreciation & Amortization	5.83	1.78	0.7	0.44	0.18	0.02
Loss (Gain) From Sale of Assets	-	-	0	0	-	-
Stock-Based Compensation	6.82	8.36	1.48	0.34	0.12	-
Other Operating Activities	-3.81	38.38	-1.66	-1.37	-0.46	-
Change in Accounts Receivable	-0.33	0.03	-0.1	0	-	-
Change in Inventory	0.96	1.65	2.1	0.97	-	-
Change in Accounts Payable	1.48	0.76	0.35	0.84	0.31	0.12
Change in Unearned Revenue	-0.09	-0.16	0.16	-	-	-
Change in Other Net Operating Assets	-2.01	-3.3	-0.09	0.05	-0.06	-0.28
Operating Cash Flow	-34.11	-19.51	-5.34	-2.32	-2.04	-0.6
Capital Expenditures	-50.68	-18.76	-3.36	-1.32	-2.81	-0.23
Sale of Property, Plant & Equipment	-	-	-	0	-	-
Cash Acquisitions	-3.91	-1.6	-	-	-	-
Other Investing Activities	-13.63	-0.77	-	-	-	-
Investing Cash Flow	-68.55	-21.5	-3.36	-1.32	-2.81	-0.23
Short-Term Debt Issued	-	-	2.71	1.2	1.94	-
Long-Term Debt Issued	-	31	22.5	-	-	-
Total Debt Issued	31	31	25.21	1.2	1.94	1.22
Short-Term Debt Repaid	-	-2.69	-3.3	-0.75	-	-
Long-Term Debt Repaid	-	-0.14	-0.15	-0.02	-	-
Total Debt Repaid	-0.14	-2.82	-3.44	-0.77	-	-
Net Debt Issued (Repaid)	30.86	28.18	21.76	0.43	1.94	1.22
Issuance of Common Stock	16.26	23.1	3.13	3.16	2.69	0
Other Financing Activities	69.24	-1.85	-	-	-	-
Financing Cash Flow	116.37	49.43	24.9	3.6	4.63	1.22
Foreign Exchange Rate Adjustments	-0.36	-0.03	-	-	-	-
Net Cash Flow	13.35	8.38	16.19	-0.04	-0.22	0.39
Free Cash Flow	-84.79	-38.27	-8.71	-3.64	-4.85	-0.83
Free Cash Flow Margin	-3163.19%	-1187.45%	-214.43%	-184.54%	-1094230.93%	-
Free Cash Flow Per Share	-0.70	-0.56	-0.23	-0.10	-0.19	-1.36
Cash Interest Paid	2.05	0.05	0.34	-	-	-
Levered Free Cash Flow	-67.24	-23.39	-4.35	1.4	-	-
Unlevered Free Cash Flow	-67.24	-23.36	-4.14	1.43	-	-
Change in Working Capital	0.01	-1.01	2.42	1.86	0.26	-0.16

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