TSX:HMM.A 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	14.41	18.37	18.76	12	7.7
Depreciation & Amortization	11.04	9.82	8.45	7.56	6.79
Other Adjustments	6.8	9.32	9.42	6.06	4.35
Change in Receivables	-4.49	-0.26	-1.16	-2.11	-6.6
Changes in Inventories	2.96	1.31	-4.39	-17.97	-3.61
Changes in Accounts Payable	6.64	1.03	-4.81	2.71	9.81
Changes in Other Operating Activities	-11.88	-5.93	-9.34	-3.42	-4.17
Operating Cash Flow	25.47	33.67	16.94	4.82	14.26
Operating Cash Flow Growth	-24.33%	98.79%	251.06%	-66.18%	-9.10%
Capital Expenditures	-5.68	-11.98	-13.65	-20.17	-11.45
Sale of Property, Plant & Equipment	0.01	0.01	0.14	0.06	0.02
Purchases of Intangible Assets	-0.1	-0.07	-0.11	-0.05	-0.12
Investing Cash Flow	-5.78	-12.04	-13.62	-20.16	-11.54
Short-Term Debt Issued	-0.29	-0.19	-14.02	13.46	-1.69
Net Short-Term Debt Issued (Repaid)	-0.29	-0.19	-14.02	13.46	-1.69
Long-Term Debt Issued	-	-	26	4.34	5.66
Long-Term Debt Repaid	-5.95	-3.74	-3.43	-2.94	-1.92
Net Long-Term Debt Issued (Repaid)	-5.95	-3.74	22.57	1.41	3.74
Common Dividends Paid	-0.68	-0.68	-0.68	-0.68	-0.45
Other Financing Activities	-3.24	-2.76	-2.68	-3.09	-2.89
Financing Cash Flow	-10.17	-7.37	5.2	11.09	-1.3
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1.17	1.57	-0.52	1.12	-0.14
Net Cash Flow	8.36	15.82	7.99	-3.13	1.28
Free Cash Flow	19.79	21.69	3.28	-15.35	2.82
Free Cash Flow Growth	-8.74%	560.76%	-	-	-72.35%
FCF Margin	7.03%	8.86%	1.38%	-6.79%	1.48%
Free Cash Flow Per Share	1.74	1.91	0.29	-	-
Levered Free Cash Flow	11.24	8.68	3.58	-4.43	7.12
Unlevered Free Cash Flow	25.37	14.92	-2.66	-16.74	6.29

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