Spyglass Resources Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2014	FY 2013	FY 2012	FY 2011	FY 2010
Period Ending	Sep '15 Sep 30, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010
Net Income	-358.32	-155.82	43.33	-152.99	16.71	-40.25
Depreciation & Amortization	73.58	97.72	83.18	136.55	70.51	125.31
Loss (Gain) From Sale of Assets	17.61	13.54	-5.16	-	-0.77	0.14
Asset Writedown & Restructuring Costs	225.71	115.41	-	123.01	-0.09	-
Stock-Based Compensation	-1.35	0.23	2	3.56	3.19	1.97
Other Operating Activities	70.91	-18.98	-79.8	-53.29	5.96	-37.41
Change in Other Net Operating Assets	0.98	3.06	-22	7.2	-4.49	-5.08
Operating Cash Flow	29.12	55.15	21.56	64.04	91.01	44.68
Operating Cash Flow Growth	-47.60%	155.78%	-66.33%	-29.63%	103.68%	1.61%
Capital Expenditures	-24.43	-77.53	-59.65	-83.22	-127.57	-114.47
Sale of Property, Plant & Equipment	120.14	163.92	22.71	-	1.98	0.61
Cash Acquisitions	-	-	11.89	-	-	-
Other Investing Activities	-20.07	1.6	1.97	-29.02	29.66	3.34
Investing Cash Flow	75.64	87.99	-23.08	-112.24	-95.93	-110.52
Long-Term Debt Issued	-	-	24.54	49.07	1.75	116.25
Long-Term Debt Repaid	-	-112.3	-	-	-	-
Net Debt Issued (Repaid)	-98.9	-112.3	24.54	49.07	1.75	116.25
Issuance of Common Stock	-	-	-	-	-	61.04
Repurchase of Common Stock	-0.1	-0.1	-	-0.89	-2.06	-
Common Dividends Paid	-3.84	-27.86	-25.93	-	-	-
Other Financing Activities	-1.92	-2.88	2.88	0.04	4.42	-110.61
Financing Cash Flow	-104.76	-143.14	1.49	48.22	4.11	66.68
Net Cash Flow	-	-	-0.04	0.01	-0.82	0.84
Free Cash Flow	4.7	-22.38	-38.09	-19.18	-36.56	-69.79
Free Cash Flow Margin	4.01%	-10.28%	-17.61%	-11.56%	-18.29%	-48.43%
Free Cash Flow Per Share	0.04	-0.17	-0.34	-0.31	-0.59	-1.47
Cash Interest Paid	11.92	15.44	14.12	8.23	7.36	3.75
Levered Free Cash Flow	-0.56	-9.72	13.06	-14.09	-10.6	-
Unlevered Free Cash Flow	7.18	0.15	21.47	-8.97	-5.89	-
Change in Working Capital	0.98	3.06	-22	7.2	-4.49	-5.08

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