TSX:CHE.UN Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	139.39	126.91	249.32	109.12	-235.21
Depreciation & Amortization	220.09	188.55	217.49	216.95	239.62
Other Amortization	-	-	4.98	-	7.05
Loss (Gain) From Sale of Assets	-0.06	8.5	-26.34	-14.83	6.76
Asset Writedown & Restructuring Costs	43.48	-	-	-	130
Loss (Gain) From Sale of Investments	-	3.83	-	-	-
Other Operating Activities	3.95	45.56	-43.97	51.96	60.74
Change in Other Net Operating Assets	-51.78	-31.28	-0.02	5.99	10.08
Operating Cash Flow	355.07	342.07	401.46	369.19	219.04
Operating Cash Flow Growth	3.80%	-14.79%	8.74%	68.55%	-18.93%
Capital Expenditures	-176.59	-180.07	-166.4	-115.44	-86.14
Sale of Property, Plant & Equipment	-	-	-	12.49	182.67
Cash Acquisitions	-212.83	-	-	-	-
Divestitures	-	-	47.94	-	-
Sale (Purchase) of Intangibles	-39.14	-	-	-	-
Investment in Securities	-	-	-	-5.93	-
Investing Cash Flow	-428.57	-180.07	-118.46	-108.88	96.53
Long-Term Debt Issued	206.93	-	110	-	148.29
Long-Term Debt Repaid	-314.64	-269.93	-380.52	-230.7	-469.06
Net Debt Issued (Repaid)	-107.71	-269.93	-270.52	-230.7	-320.77
Issuance of Common Stock	375	250	-	86.54	70.07
Common Dividends Paid	-78.85	-76.61	-58.03	-54.75	-51.94
Other Financing Activities	-112.43	-62.76	-4.98	-4.09	-11.48
Financing Cash Flow	76.01	-159.3	-333.53	-203	-314.12
Foreign Exchange Rate Adjustments	-0.6	1.28	-0.52	1.35	-0.05
Net Cash Flow	1.92	3.97	-51.05	58.66	1.4
Free Cash Flow	178.48	162	235.07	253.75	132.9
Free Cash Flow Growth	10.18%	-31.09%	-7.36%	90.94%	-31.18%
Free Cash Flow Margin	8.93%	9.06%	12.73%	13.99%	9.71%
Free Cash Flow Per Share	1.56	1.05	1.49	1.72	1.31
Cash Interest Paid	54.94	48.04	44.29	53.41	66.31
Cash Income Tax Paid	49.4	52.4	63.22	16.65	5.82
Levered Free Cash Flow	84.73	179.42	220.23	246.56	333.37
Unlevered Free Cash Flow	130.75	211.05	252.87	283.6	375.99
Change in Working Capital	-51.78	-31.28	-0.02	5.99	10.08

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.