Birchcliff Energy Ltd. (TSX:BIR)

Birchcliff Energy Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	64.87	56.1	9.78	656.83	314.68
Depreciation & Amortization	266.97	251.04	230.91	213.81	212.76
Stock-Based Compensation	4.35	6.04	13.64	6.46	2.43
Other Adjustments	83.33	-92.2	46.72	73.84	6.67
Change in Receivables	-15.9	-3.81	-	-	-
Changes in Accounts Payable	0.24	-27.92	-	-	-
Changes in Other Operating Activities	-13.26	-13.21	19.48	-25.66	-21.16
Operating Cash Flow	407.71	203.71	320.53	925.28	515.37
Operating Cash Flow Growth	100.14%	-36.45%	-65.36%	79.54%	173.87%
Capital Expenditures	-307.78	-283	-308	-368.55	-232.48
Sale of Property, Plant & Equipment	-	0.26	0.09	0.32	-
Purchases of Investments	-0.5	-0.22	-1.24	-1.96	-1.25
Other Investing Activities	-5.29	-10.39	-29.71	31.65	-13.65
Investing Cash Flow	-313.56	-293.36	-338.86	-338.54	-247.38
Short-Term Debt Issued	-58.38	196.74	238.42	-369.07	-228.02
Net Short-Term Debt Issued (Repaid)	-58.38	196.74	238.42	-369.07	-228.02
Issuance of Common Stock	11.17	10.78	7.16	23.01	12.64
Repurchase of Common Stock	-	-	-11.46	-57.21	-31.51
Net Common Stock Issued (Repurchased)	11.17	10.78	-4.3	-34.2	-18.87
Repurchase of Preferred Stock	-	-	-	-88.27	-1.66
Net Preferred Stock Issued (Repurchased)	-	-	-	-88.27	-1.66
Common Dividends Paid	-32.76	-107.83	-213.34	-	-
Other Financing Activities	-14.19	-10.04	-2.46	-95.19	-19.44
Financing Cash Flow	-94.16	89.65	18.32	-586.73	-267.98
Net Cash Flow	-0.02	-0.01	-0.02	0.01	0
Free Cash Flow	99.93	-79.29	12.53	556.73	282.89
Free Cash Flow Growth	-	-	-97.75%	96.80%	-
FCF Margin	14.37%	-13.19%	1.79%	46.48%	32.26%
Free Cash Flow Per Share	0.36	-0.29	0.05	2.02	1.03
Levered Free Cash Flow	-47.34	179.75	190.58	107.37	45.78
Unlevered Free Cash Flow	95.63	-53.39	94.1	641.99	420.8

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.