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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	34.29	102.2	172.95	337.68	146.03	-77.85
Depreciation & Amortization	147.19	153.13	124.71	145.19	142.33	209.26
Other Amortization	2.11	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	9.26	8.54	11.69	8	6.46	4.8
Other Operating Activities	30.39	47.65	18.16	121	20.42	-50.62
Change in Other Net Operating Assets	27.41	-47.09	36.06	-13.31	-36.12	-10.41
Operating Cash Flow	250.26	266.09	346.15	601.82	281.18	77.15
Operating Cash Flow Growth	-16.84%	-23.13%	-42.48%	114.03%	264.47%	-71.50%
Capital Expenditures	-403.72	-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	-403.5	-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	-3.26	-3.91	-3.11	-100.98	-215.82	-
Net Debt Issued (Repaid)	23.32	-3.91	134.44	199.02	-215.82	41.55
Repurchase of Common Stock	-121.51	-102.19	-95.36	-80.58	-7.29	-17.6
Other Financing Activities	-1.67	-1.01	-1.52	-107.33	-1.47	-4.04
Financing Cash Flow	-99.88	-107.1	37.56	11.11	-224.58	19.91
Foreign Exchange Rate Adjustments	-1.42	5.39	-1.42	13.32	-0.06	-0.34
Net Cash Flow	-254.54	-270.48	29.83	468.43	12.31	-9.07
Free Cash Flow	-153.46	-168.99	32.92	444.01	236.95	-0.94
Free Cash Flow Growth	-	-	-92.59%	87.39%	-	-
Free Cash Flow Margin	-21.78%	-21.31%	3.88%	39.32%	35.56%	-0.29%
Free Cash Flow Per Share	-1.28	-1.34	0.24	2.96	1.50	-0.01
Cash Interest Paid	33.32	32.82	21.98	11.45	11.96	13.48
Cash Income Tax Paid	6.96	6.36	34.87	16.47	-0.43	2.61
Levered Free Cash Flow	-154.75	-155.51	-25.03	325.76	186.45	46.28
Unlevered Free Cash Flow	-132.43	-133.84	-9.61	336.83	193.72	53.91
Change in Working Capital	27.41	-47.09	36.06	-13.31	-36.12	-10.41

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