TSX:CAR.UN 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	59.83	292.74	-411.57	13.64	1,393	925.93
Depreciation & Amortization	6.25	6.36	6.21	7.46	8.23	7.67
Other Amortization	-	-	-	-	14.57	23.73
Gain (Loss) on Sale of Assets	-	-	-	3.32	0.24	1.39
Gain (Loss) on Sale of Investments	-0.43	22.02	-1.13	101.26	-14.09	3.98
Asset Writedown	166.57	-58.41	912.65	482.61	-1,049	-595.86
Stock-Based Compensation	9.22	5.07	8.26	-3.41	15.11	5.16
Income (Loss) on Equity Investments	-	-	-	-0.65	-18.46	-17.17
Change in Accounts Receivable	5.45	-2.23	-2.77	0.49	-0.86	-0.61
Change in Accounts Payable	-2.41	-7.98	4.67	-6.58	5.96	2.24
Change in Other Net Operating Assets	-5.06	6.89	-9.68	19.05	-4.61	-39.96
Other Operating Activities	236.62	399.29	164.48	106.71	200.36	169.04
Operating Cash Flow	575.71	648.85	615.92	598.03	551.43	481.36
Operating Cash Flow Growth	-9.97%	5.35%	2.99%	8.45%	14.56%	4.97%
Acquisition of Real Estate Assets	-549.84	-582.45	-550.2	-876.03	-1,144	-1,058
Sale of Real Estate Assets	2,841	2,135	373.68	306.95	29.19	33.31
Net Sale / Acq. of Real Estate Assets	2,291	1,553	-176.52	-569.08	-1,115	-1,025
Investment in Marketable & Equity Securities	0.24	138.19	29.17	-13.62	-	-8.02
Other Investing Activities	5.23	5.44	8.88	11.54	6.67	11.41
Investing Cash Flow	2,343	1,742	-138.47	-502.97	-1,108	-1,021
Long-Term Debt Issued	-	887.93	770.08	1,394	1,530	1,530
Long-Term Debt Repaid	-	-2,253	-715.24	-887.17	-677.48	-994.5
Net Debt Issued (Repaid)	-1,649	-1,365	54.85	506.85	852.79	535.46
Issuance of Common Stock	2.49	2.9	2.74	2.75	3.14	2.48
Repurchase of Common Stock	-506.6	-327.15	-100.91	-237.77	-	-
Common Dividends Paid	-243.07	-242.39	-236.46	-210.49	-177.77	-179.15
Other Financing Activities	-443.87	-354.93	-215.46	-193.66	-165.66	-173.34
Foreign Exchange Rate Adjustments	0.59	1.9	0	11.16	-4.26	-1.04
Net Cash Flow	78.85	106.72	-17.78	-26.11	-48.31	-355.61
Cash Interest Paid	179.48	197.77	184.2	156.27	139.65	133.3
Levered Free Cash Flow	1,931	13.36	504.25	126.38	370.03	303.77
Unlevered Free Cash Flow	2,058	152.48	638.03	240.68	449.47	371.37
Change in Working Capital	0.09	0.41	-3.64	4.83	-11.35	-55.04

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.