Clarke 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	13.02	37.82	3.42	3.23	16.38
Other Adjustments	4.66	-19.77	9.66	9.49	-13.98
Changes in Other Operating Activities	-1.58	-0.17	-4.93	-9.31	-9.61
Operating Cash Flow	16.1	17.88	8.16	3.4	-7.21
Operating Cash Flow Growth	-9.95%	119.23%	139.77%	-	-
Capital Expenditures	-11.92	-13.68	-9.26	-7.45	-6.77
Sale of Property, Plant & Equipment	0.03	-	-	-	0.24
Purchases of Investments	-97.19	-77.09	-40.04	-35.99	-17.63
Proceeds from Sale of Investments	-	9.73	7.46	5.89	75.06
Payments for Business Acquisitions	-	-	-	-0.35	-21.08
Proceeds from Business Divestments	0.86	-	15.86	-	-
Other Investing Activities	-	-	1.05	1.06	0.91
Investing Cash Flow	-108.23	-81.04	-24.93	-36.83	30.73
Long-Term Debt Issued	207.88	43.52	88.9	13.73	13.14
Long-Term Debt Repaid	-121.08	-3.01	-48.32	-19.71	-7.12
Net Long-Term Debt Issued (Repaid)	86.8	40.51	40.58	-5.99	6.02
Repurchase of Common Stock	-8.13	-0.13	-1.48	-3.78	-5.46
Net Common Stock Issued (Repurchased)	-8.13	-0.13	-1.48	-3.78	-5.46
Other Financing Activities	13.21	22.65	-22.48	25.86	-8.38
Financing Cash Flow	91.87	63.03	16.62	16.1	-7.82
Net Cash Flow	-0.25	-0.12	-0.16	-17.33	15.69
Free Cash Flow	4.18	4.2	-1.11	-4.05	-13.98
Free Cash Flow Growth	-0.50%	-	-	-	-
FCF Margin	5.13%	5.58%	-1.50%	-6.30%	-33.77%
Free Cash Flow Per Share	0.30	0.30	-	-0.28	-0.76
Levered Free Cash Flow	86.31	64.48	29.81	-19.52	6.02
Unlevered Free Cash Flow	-1.5	-2.29	-8.62	-11.32	-15.44

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