TSX:FCR.UN 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	1,069	1,061	203.25	-134.36	-159.76	473.64
Depreciation & Amortization	2.45	2.51	2.57	3.9	5.67	6.02
Stock-Based Compensation	2.58	11.4	10.62	-	-	-
Other Adjustments	-779.84	-1,549	100.27	386.52	415.49	-239.97
Change in Receivables	-5.95	-	-	-	-	-
Changes in Inventories	-15.97	-	-	-	-	-
Changes in Accounts Payable	-5.83	-	-	-	-	-
Changes in Other Operating Activities	-83.29	-65.87	-56.73	-28.32	-10.18	9.93
Operating Cash Flow	214.48	206.71	233.79	227.73	251.22	249.61
Operating Cash Flow Growth	-8.15%	-11.58%	2.66%	-9.35%	0.64%	13.72%
Capital Expenditures	-158.94	-174.59	-157.22	-219.51	-188.81	-168.02
Sale of Property, Plant & Equipment	98.17	161.43	195.62	278.89	187.96	319.07
Other Investing Activities	-35.53	-37.73	-5.02	24.32	134.83	3.84
Investing Cash Flow	-95.65	-50.89	33.38	83.69	133.98	154.89
Short-Term Debt Issued	-107.13	-204.82	-428.47	53.67	206.37	-24.75
Net Short-Term Debt Issued (Repaid)	-107.13	-204.82	-428.47	53.67	206.37	-24.75
Long-Term Debt Issued	819.02	819.02	806.44	232.54	90.77	-
Long-Term Debt Repaid	-773.6	-689.08	-405.54	-335.74	-494.28	-349.23
Net Long-Term Debt Issued (Repaid)	45.42	129.94	400.91	-103.2	-403.52	-349.23
Issuance of Common Stock	-	-	-	-	0.12	0.98
Repurchase of Common Stock	-	-	-	-25.69	-94.46	-
Net Common Stock Issued (Repurchased)	-	-	-	-25.69	-94.34	0.98
Common Dividends Paid	-189.86	-188.59	-183.39	-183.66	-116.72	-102.62
Other Financing Activities	10.46	10.96	6.65	2.18	21	5.37
Financing Cash Flow	-241.11	-252.5	-204.3	-256.7	-387.21	-470.25
Net Cash Flow	-122.29	-96.68	62.87	54.73	-2.01	-65.75
Free Cash Flow	55.54	32.12	76.57	8.22	62.42	81.59
Free Cash Flow Growth	72.90%	-58.05%	831.38%	-86.83%	-23.50%	-
FCF Margin	7.54%	4.39%	10.73%	1.19%	9.01%	12.09%
Free Cash Flow Per Share	0.26	0.15	0.36	0.04	0.28	0.37
Levered Free Cash Flow	748.53	751.2	-34.01	-427.52	-550.45	-65.92
Unlevered Free Cash Flow	1,273	1,402	206.53	166.66	252.26	239.05

Updated May 5, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.