TSX:INO.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	-50.04	-71.24	-30.28	-39.76	30.89
Other Adjustments	51.92	75.53	47.54	52.94	-22.51
Changes in Other Operating Activities	-2.59	2.02	-9.03	7.51	-1.54
Operating Cash Flow	-4.83	0.91	3.97	21.43	-7.92
Operating Cash Flow Growth	-	-77.01%	-81.47%	-	-
Capital Expenditures	-1.41	-0.73	-0.56	-101.79	-0.96
Sale of Property, Plant & Equipment	49.96	-	-	39.39	103.17
Purchases of Investments	-0.53	-1.19	-0.73	-0.17	-0.94
Proceeds from Sale of Investments	0.53	0.63	1.24	5.3	4.84
Other Investing Activities	2.42	1.99	2.2	-3.2	0.5
Investing Cash Flow	50.96	0.7	2.15	-60.47	106.61
Long-Term Debt Issued	9.34	0.06	-0.05	51.32	-
Long-Term Debt Repaid	-37.46	-7.98	-25.53	-19.24	-60.5
Net Long-Term Debt Issued (Repaid)	-28.12	-7.92	-25.59	32.08	-60.5
Common Dividends Paid	-	-	-13.5	-22.37	-36.69
Other Financing Activities	-	-	-	-	-0.35
Financing Cash Flow	-28.12	-7.92	-39.08	9.7	-97.54
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.79	0.07	0.28	-2.11	-4.91
Net Cash Flow	18.81	-6.24	-32.69	-31.45	-3.75
Free Cash Flow	-6.24	0.18	3.41	-80.36	-8.87
Free Cash Flow Growth	-	-94.60%	-	-	-
FCF Margin	-27.79%	0.76%	10.16%	-258.04%	-25.75%
Free Cash Flow Per Share	-	0.01	0.10	-	-
Levered Free Cash Flow	-88.09	-75.76	-64.87	-99.05	-32.66
Unlevered Free Cash Flow	13.11	19.59	17.98	-68.68	8.42

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