TSX:GRT.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	342.81	361.88	138.5	155.82	1,310
Other Adjustments	34.37	-7.22	187.61	139.87	-1,039
Changes in Income Taxes Payable	-11.22	-8.32	-8.26	-18.09	-7.04
Changes in Other Operating Activities	22.12	-7.74	-4.66	-0.1	-2.05
Operating Cash Flow	388.08	338.61	313.18	277.5	262.26
Operating Cash Flow Growth	14.61%	8.12%	12.86%	5.81%	5.20%
Capital Expenditures	-28.73	-51.2	-131.24	-267.99	-99.76
Sale of Property, Plant & Equipment	187.52	-	43.77	63.94	35.43
Payments for Business Acquisitions	-344.25	-0.83	-102.76	-492.72	-925.45
Other Investing Activities	-18.13	-13.43	62.1	-69.8	-35.65
Investing Cash Flow	-203.58	-65.46	-128.13	-766.56	-1,025
Short-Term Debt Issued	517	-	90.23	254.8	-
Short-Term Debt Repaid	-312	-	-91.25	-264.06	-
Net Short-Term Debt Issued (Repaid)	205	-	-1.02	-9.26	-
Long-Term Debt Issued	299.26	795.71	505.23	575.88	498.06
Long-Term Debt Repaid	-316.3	-823.8	-456.23	-	-253.96
Net Long-Term Debt Issued (Repaid)	-17.04	-28.09	49	575.88	244.1
Issuance of Common Stock	-	-	-	13.12	303.06
Repurchase of Common Stock	-144.65	-45.81	-26.99	-155.53	-
Net Common Stock Issued (Repurchased)	-144.65	-45.81	-26.99	-142.41	303.06
Common Dividends Paid	-208.14	-207.85	-203.91	-202.28	-191.08
Other Financing Activities	-1.87	14.25	-20.18	-7.37	-22.6
Financing Cash Flow	-166.7	-267.5	-203.11	214.56	333.48
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-4.39	4.39	-0.89	7.07	0.92
Net Cash Flow	13.42	10.04	-18.95	-267.43	-428.77
Free Cash Flow	359.36	287.41	181.94	9.51	162.5
Free Cash Flow Growth	25.03%	57.97%	1812.93%	-94.15%	-11.68%
FCF Margin	58.08%	50.50%	34.90%	2.09%	41.30%
Free Cash Flow Per Share	-	4.55	2.85	0.15	2.54
Levered Free Cash Flow	512.95	266.54	42.31	436.27	1,446
Unlevered Free Cash Flow	468.27	398.48	219.49	304.42	229.55

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