IGM Financial 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	1,193	1,124	1,015	1,144	792.07	1,114
Depreciation & Amortization	215.2	212.91	198.13	200.65	181.58	156.5
Other Adjustments	-142.99	-175.17	-72.75	-371.46	-100.41	-87.73
Changes in Other Operating Activities	-114.46	-126.65	-48.42	-136.22	-135.58	-239.33
Operating Cash Flow	1,106	1,035	1,092	837.28	737.67	943.59
Operating Cash Flow Growth	2.29%	-5.25%	30.46%	13.50%	-21.82%	28.10%
Capital Expenditures	-49.15	-49.05	-31.28	-28.76	-37.67	-10.64
Purchases of Intangible Assets	-69.74	-70.94	-87.37	-125.01	-107.11	-75.28
Purchases of Investments	-252.7	-234.04	-99.43	-86.74	-150.51	-131.78
Proceeds from Sale of Investments	150.2	563.67	108.51	80.84	120.07	348.21
Payments for Business Acquisitions	-	-112.17	-	-2,020	-	-
Proceeds from Business Divestments	-	-	-	1,108	-	-
Other Investing Activities	281.59	203.53	-364.19	-89.71	309.93	968.61
Investing Cash Flow	364.88	301	-473.77	-1,162	134.71	1,099
Long-Term Debt Issued	-	-	-	850	-	-
Long-Term Debt Repaid	-	-	-	-550	-	-
Net Long-Term Debt Issued (Repaid)	-	-	-	300	-	-
Issuance of Common Stock	131.26	119.71	110.16	16.88	42.55	55.9
Repurchase of Common Stock	-400.46	-293.81	-122.48	-	-115.67	-
Net Common Stock Issued (Repurchased)	-269.21	-174.1	-12.32	16.88	-73.11	55.9
Common Dividends Paid	-531.46	-532.92	-534.03	-535.44	-537.2	-537.03
Other Financing Activities	-292.54	-265.03	293.42	14.8	-481.62	-1,041
Financing Cash Flow	-1,093	-972.05	-252.93	-203.77	-1,092	-1,522
Net Cash Flow	378.04	363.93	365.65	-528.26	-219.55	520.86
Free Cash Flow	1,057	985.94	1,061	808.52	700	932.95
Free Cash Flow Growth	7.23%	-7.08%	31.24%	15.50%	-24.97%	33.73%
FCF Margin	27.04%	26.03%	31.43%	24.91%	23.08%	27.06%
Free Cash Flow Per Share	4.46	4.15	4.47	3.39	2.93	3.89
Levered Free Cash Flow	1,203	1,138	1,052	1,485	875.58	885.48
Unlevered Free Cash Flow	3,842	3,712	3,429	3,255	2,972	3,264

Updated May 7, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.