Keyera Corp. (TSX:KEY)

Keyera Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	432.34	486.63	424.03	328.29	324.21
Depreciation & Amortization	374.95	352.39	322.51	258.26	257.64
Other Adjustments	46.34	123.42	280.95	232.29	184.03
Changes in Other Operating Activities	-79.08	303.35	-52.01	106.48	-182.03
Operating Cash Flow	774.54	1,266	975.49	925.33	583.84
Operating Cash Flow Growth	-38.81%	29.76%	5.42%	58.49%	-15.16%
Capital Expenditures	-282.52	-252.33	-336.15	-895.93	-505.47
Sale of Property, Plant & Equipment	-	5.71	-	39.82	18.19
Payments for Business Acquisitions	-212.57	-	-366.54	-	-11.17
Other Investing Activities	29.66	11.31	-117.03	12.19	101.32
Investing Cash Flow	-465.43	-235.31	-819.71	-843.92	-397.12
Short-Term Debt Issued	100	350	1,330	700	620
Short-Term Debt Repaid	-100	-820	-900	-890	-670
Net Short-Term Debt Issued (Repaid)	-	-470	430	-190	-50
Long-Term Debt Issued	2,800	250	-	400	350
Long-Term Debt Repaid	-317.26	-192.65	-30	-60	-
Net Long-Term Debt Issued (Repaid)	2,483	57.35	-30	340	350
Issuance of Common Stock	-	-	-	230.09	-
Net Common Stock Issued (Repurchased)	-	-	-	230.09	-
Common Dividends Paid	-485.95	-467.47	-485.81	-424.36	-424.36
Other Financing Activities	-85.69	-55.53	-48.46	-56.38	-49.49
Financing Cash Flow	1,911	-935.65	-134.26	-100.65	-173.85
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-7.14	3.53	0.38	1.5	0.18
Net Cash Flow	2,213	98.35	21.89	-17.74	13.04
Free Cash Flow	492.02	1,013	639.34	29.4	78.37
Free Cash Flow Growth	-51.45%	58.52%	2074.76%	-62.49%	-18.26%
FCF Margin	7.18%	14.20%	9.06%	0.42%	1.57%
Free Cash Flow Per Share	2.15	4.42	2.79	0.13	0.35
Levered Free Cash Flow	2,928	477.4	758.39	-52.89	194.34
Unlevered Free Cash Flow	624.83	1,064	507.79	-61.25	22.68

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