PEYUF 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	370.91	280.57	292.64	390.66	152.25	-35.56
Depreciation & Amortization	398.06	387.15	321.36	308.81	267.23	243.15
Loss (Gain) From Sale of Assets	-	-	-	1.25	-1.51	1.87
Asset Writedown & Restructuring Costs	-	-	-	-	-	3.6
Stock-Based Compensation	14.67	14.11	15.16	11.7	5.98	6.08
Other Operating Activities	1.72	7.24	28.78	104.94	38.01	-6.44
Change in Other Net Operating Assets	19.3	-16.7	-13.06	-5.59	-4.07	-9.66
Operating Cash Flow	804.67	672.36	644.87	811.78	457.87	203.05
Operating Cash Flow Growth	21.96%	4.26%	-20.56%	77.29%	125.50%	-35.93%
Capital Expenditures	-449.33	-456.87	-411.03	-473.2	-328.95	-235.7
Sale of Property, Plant & Equipment	0.93	0.47	-	-	-	-
Cash Acquisitions	-	-	-699.36	-48.28	-36.11	-
Other Investing Activities	-2.63	24.16	-36.48	4.57	13.63	3.12
Investing Cash Flow	-451.02	-432.24	-1,147	-516.91	-351.43	-232.58
Long-Term Debt Issued	-	75	644	-	49.54	50
Total Debt Issued	75	75	644	-	49.54	50
Long-Term Debt Repaid	-	-124.46	-101.43	-211.43	-156.35	-1.35
Total Debt Repaid	-206.87	-124.46	-101.43	-211.43	-156.35	-1.35
Net Debt Issued (Repaid)	-131.87	-49.46	542.57	-211.43	-106.82	48.65
Issuance of Common Stock	69.37	45.64	214.06	24.72	11.54	0.21
Common Dividends Paid	-262.58	-257.91	-226.37	-102.17	-15	-16.49
Other Financing Activities	4.15	-1.93	-2.99	0.21	0.25	0.29
Financing Cash Flow	-320.93	-263.66	527.27	-288.68	-110.04	32.66
Net Cash Flow	32.72	-23.54	25.27	6.19	-3.59	3.13
Free Cash Flow	355.34	215.49	233.84	338.58	128.93	-32.65
Free Cash Flow Growth	69.61%	-7.85%	-30.94%	162.61%	-	-
Free Cash Flow Margin	35.30%	25.14%	24.73%	22.97%	15.34%	-8.63%
Free Cash Flow Per Share	1.76	1.09	1.30	1.93	0.76	-0.20
Cash Interest Paid	90.54	79.36	64.57	48.78	58.91	59.99
Cash Income Tax Paid	78.35	65.22	56.28	-	-	-
Levered Free Cash Flow	401.48	240.31	-221.85	236.69	142.92	-28.53
Unlevered Free Cash Flow	450.43	299.18	-186.03	266.1	179.8	8.26
Change in Working Capital	19.3	-16.7	-13.06	-5.59	-4.07	-9.66

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