BCE Inc. (TSX:BCE)
Canada · Delayed Price · Currency is CAD 32.72
-0.48 (-1.45%)
May 15, 2026, 4:00 PM EST
BCE Inc. Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 | 6,444 | 6,460 | 344 | 2,263 | 2,868 | 2,840 |
Depreciation & Amortization | 4,097 | 4,013 | 3,899 | 3,885 | 3,797 | 3,758 |
Other Amortization | 1,243 | 1,243 | 1,149 | 1,033 | 926 | 851 |
Asset Writedown & Restructuring Costs | 726 | 964 | 2,236 | 99 | 233 | 160 |
Loss (Gain) From Sale of Investments | -5,218 | -5,217 | -57 | -80 | -24 | 6 |
Loss (Gain) on Equity Investments | - | - | 247 | 581 | 42 | - |
Other Operating Activities | -98 | 187 | -296 | 322 | 198 | 108 |
Change in Accounts Receivable | - | - | - | - | -59 | 278 |
Change in Other Net Operating Assets | -623 | -657 | -534 | -157 | 384 | 7 |
Operating Cash Flow | 6,571 | 6,993 | 6,988 | 7,946 | 8,365 | 8,008 |
Operating Cash Flow Growth | -11.53% | 0.07% | -12.06% | -5.01% | 4.46% | 3.28% |
Capital Expenditures | -3,812 | -3,700 | -3,897 | -4,581 | -5,133 | -4,852 |
Cash Acquisitions | -4,905 | -4,905 | -624 | -222 | -429 | -12 |
Divestitures | 102 | 102 | - | 209 | 52 | - |
Sale (Purchase) of Intangibles | -3 | -3 | -531 | -183 | -3 | -2,082 |
Investment in Securities | 4,561 | 5,001 | 578 | -1,000 | - | - |
Other Investing Activities | -108 | -95 | 36 | -4 | -4 | -72 |
Investing Cash Flow | -4,165 | -3,600 | -4,438 | -5,781 | -5,517 | -7,018 |
Short-Term Debt Issued | - | - | - | - | 700 | - |
Long-Term Debt Issued | - | 8,261 | 5,779 | 5,195 | 2,062 | 5,336 |
Total Debt Issued | 6,213 | 8,261 | 5,779 | 5,195 | 2,762 | 5,336 |
Short-Term Debt Repaid | - | - | - | - | - | -150 |
Long-Term Debt Repaid | - | -10,092 | -3,303 | -2,653 | -2,023 | -2,751 |
Total Debt Repaid | -5,825 | -10,092 | -3,303 | -2,653 | -2,023 | -2,901 |
Net Debt Issued (Repaid) | 388 | -1,831 | 2,476 | 2,542 | 739 | 2,435 |
Issuance of Common Stock | - | - | - | 18 | 171 | 261 |
Repurchase of Common Stock | -214 | -216 | -235 | -223 | -255 | -297 |
Preferred Dividends Paid | -148 | -151 | -187 | -182 | -136 | -125 |
Common Dividends Paid | -1,832 | -2,026 | -3,613 | -3,486 | -3,312 | -3,132 |
Dividends Paid | -1,980 | -2,177 | -3,800 | -3,668 | -3,448 | -3,257 |
Other Financing Activities | -207 | -240 | -99 | -71 | -70 | -67 |
Financing Cash Flow | -2,190 | -4,646 | -1,750 | -1,542 | -2,988 | -925 |
Foreign Exchange Rate Adjustments | 1 | 1 | - | - | - | - |
Miscellaneous Cash Flow Adjustments | -1 | -1 | - | -175 | -50 | - |
Net Cash Flow | 216 | -1,253 | 800 | 448 | -190 | 65 |
Free Cash Flow | 2,759 | 3,293 | 3,091 | 3,365 | 3,232 | 3,156 |
Free Cash Flow Growth | -27.45% | 6.54% | -8.14% | 4.12% | 2.41% | -11.15% |
Free Cash Flow Margin | 11.17% | 13.46% | 12.66% | 13.64% | 13.37% | 13.46% |
Free Cash Flow Per Share | 2.96 | 3.54 | 3.39 | 3.69 | 3.54 | 3.48 |
Cash Interest Paid | 1,871 | 1,808 | 1,759 | 1,486 | 1,197 | 1,080 |
Cash Income Tax Paid | 1,210 | 737 | 783 | 700 | 749 | 913 |
Levered Free Cash Flow | 2,681 | 3,318 | 2,425 | 2,777 | 2,841 | 572.75 |
Unlevered Free Cash Flow | 3,804 | 4,427 | 3,495 | 3,698 | 3,557 | 1,249 |
Change in Working Capital | -623 | -657 | -534 | -157 | 325 | 285 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.