International Petroleum Corporation (TSX:IPCO)

International Petroleum Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	53.37	102.2	172.95	337.68	146.03	-77.85
Depreciation & Amortization	145.44	153.13	124.71	145.19	142.33	209.26
Other Amortization	2.1	2.06	1.61	3.25	2.07	1.98
Loss (Gain) From Sale of Assets	-0.4	-0.4	-19.02	-	-	-
Stock-Based Compensation	9.07	8.54	11.69	8	6.46	4.8
Other Operating Activities	20.97	47.65	18.16	121	20.42	-50.62
Change in Other Net Operating Assets	42.27	-47.09	36.06	-13.31	-36.12	-10.41
Operating Cash Flow	272.81	266.09	346.15	601.82	281.18	77.15
Operating Cash Flow Growth	-20.05%	-23.13%	-42.48%	114.03%	264.47%	-71.50%
Capital Expenditures	-422.62	-435.08	-313.24	-157.81	-44.23	-78.09
Sale of Property, Plant & Equipment	0.22	0.22	20.19	-	-	-
Cash Acquisitions	-	-	-59.42	-	-	-27.71
Investing Cash Flow	-422.4	-434.86	-352.47	-157.81	-44.23	-105.79
Long-Term Debt Issued	-	-	137.55	300	-	41.55
Long-Term Debt Repaid	-	-3.91	-3.11	-100.98	-215.82	-
Total Debt Repaid	-3.07	-3.91	-3.11	-100.98	-215.82	-
Net Debt Issued (Repaid)	-3.07	-3.91	134.44	199.02	-215.82	41.55
Repurchase of Common Stock	-135.15	-102.19	-95.36	-80.58	-7.29	-17.6
Other Financing Activities	-1.68	-1.01	-1.52	-107.33	-1.47	-4.04
Financing Cash Flow	-139.92	-107.1	37.56	11.11	-224.58	19.91
Foreign Exchange Rate Adjustments	-0.4	5.39	-1.42	13.32	-0.06	-0.34
Net Cash Flow	-289.91	-270.48	29.83	468.43	12.31	-9.07
Free Cash Flow	-149.81	-168.99	32.92	444.01	236.95	-0.94
Free Cash Flow Growth	-	-	-92.59%	87.39%	-	-
Free Cash Flow Margin	-21.24%	-21.31%	3.88%	39.32%	35.56%	-0.29%
Free Cash Flow Per Share	-1.23	-1.34	0.24	2.96	1.50	-0.01
Cash Interest Paid	32.81	32.82	21.98	11.45	11.96	13.48
Cash Income Tax Paid	8.73	6.36	34.87	16.47	-0.43	2.61
Levered Free Cash Flow	-194.39	-155.51	-25.03	325.76	186.45	46.28
Unlevered Free Cash Flow	-172.68	-133.84	-9.61	336.83	193.72	53.91
Change in Working Capital	42.27	-47.09	36.06	-13.31	-36.12	-10.41

Source: S&P Global Market Intelligence. Standard template. Financial Sources.