Fortis Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1995
Net Income	1,573	1,394	1,294	1,274	1,722	Upgrade
Depreciation & Amortization	1,773	1,668	1,505	1,428	1,350	Upgrade
Share-Based Compensation	66	41	100	78	98	Upgrade
Other Operating Activities	133	-29	8	-79	-507	Upgrade
Operating Cash Flow	3,545	3,074	2,907	2,701	2,663	Upgrade
Operating Cash Flow Growth	15.32%	5.74%	7.63%	1.43%	2.27%	Upgrade
Capital Expenditures	-4,169	-3,865	-3,386	-4,039	-3,720	Upgrade
Acquisitions	430	-100	0	0	995	Upgrade
Other Investing Activities	-3	-94	-102	-93	-43	Upgrade
Investing Cash Flow	-3,742	-4,059	-3,488	-4,132	-2,768	Upgrade
Dividends Paid	-768	-737	-671	-851	-561	Upgrade
Common Stock Issued	43	53	60	58	1,442	Upgrade
Share Repurchases	9,901	0	6,521	9,118	7,301	Upgrade
Other Financing Activities	11,239	1,719	7,583	11,238	6,574	Upgrade
Financing Cash Flow	613	1,035	451	1,327	154	Upgrade
Net Cash Flow	416	78	-118	-121	38	Upgrade
Free Cash Flow	-624	-791	-479	-1,338	-1,057	Upgrade
Free Cash Flow Margin	-5.42%	-7.16%	-5.07%	-14.97%	-12.03%	Upgrade
Free Cash Flow Per Share	-1.28	-1.65	-1.02	-2.87	-2.42	Upgrade

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.