TSX:BRE 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	-1.94	7.27	-10.32	4	20.97	4.76
Depreciation & Amortization	12.27	12.31	12.49	7.43	7.62	7.63
Other Adjustments	10.86	-9.46	10.65	1.95	-13.28	3.1
Changes in Other Operating Activities	-0.33	-0.2	4.28	0.29	0.24	-0.36
Operating Cash Flow	16.37	9.91	17.1	13.67	15.56	15.14
Operating Cash Flow Growth	7.22%	-42.04%	25.11%	-12.16%	2.77%	-23.79%
Capital Expenditures	-6.11	-5.18	-1.53	-0.87	-	-
Other Investing Activities	-	-	4.01	-0.6	-1.05	-0.28
Investing Cash Flow	-7.53	-5.18	2.48	-1.48	-1.05	-0.28
Long-Term Debt Issued	15.5	12.6	-	-	-	-
Long-Term Debt Repaid	-6.25	-4.5	-	-	-1.5	-5
Net Long-Term Debt Issued (Repaid)	9.25	8.1	-	-	-1.5	-5
Common Dividends Paid	-12.8	-12.8	-12.8	-12.8	-12.8	-12.8
Other Financing Activities	-3.03	-3.36	-3.43	-0.06	-	-
Financing Cash Flow	-13.88	-8.07	-16.24	-12.87	-14.3	-17.8
Net Cash Flow	-1.24	-3.34	3.35	-0.68	0.2	-2.94
Free Cash Flow	10.26	4.73	15.57	12.79	15.56	15.14
Free Cash Flow Growth	117.00%	-69.63%	21.70%	-17.77%	2.77%	-23.79%
FCF Margin	2.57%	1.16%	4.44%	26.40%	31.20%	30.16%
Free Cash Flow Per Share	0.72	0.30	1.64	1.35	1.21	1.18
Levered Free Cash Flow	13.14	22.29	4.92	10.84	27.33	7.04
Unlevered Free Cash Flow	12.34	12.43	24.78	15.71	22.26	16.86

Updated May 13, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.