Loblaw Companies Cash Flow Statement

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

Millions CAD. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 3, 2026	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Net Income	2,738	2,275	2,187	1,994	1,976
Depreciation & Amortization	2,734	2,966	2,906	2,795	2,664
Other Adjustments	1,916	1,842	1,612	1,371	993
Change in Receivables	-2	-105	-228	-512	-302
Changes in Income Taxes Payable	-1,002	-1,143	-917	-439	-643
Changes in Other Operating Activities	-120	-33	94	-454	139
Operating Cash Flow	6,264	5,802	5,654	4,755	4,827
Operating Cash Flow Growth	7.96%	2.62%	18.91%	-1.49%	-7.01%
Capital Expenditures	-1,712	-1,823	-1,665	-1,152	-803
Sale of Property, Plant & Equipment	262	363	321	164	80
Purchases of Intangible Assets	-350	-377	-407	-419	-379
Purchases of Investments	-55	-184	-138	-	-
Proceeds from Sale of Investments	100	81	45	-42	-164
Payments for Business Acquisitions	-	-	-	-813	-
Other Investing Activities	-133	-81	-1	-106	-5
Investing Cash Flow	-1,888	-2,021	-1,845	-2,368	-1,271
Long-Term Debt Issued	1,059	1,557	833	1,818	772
Long-Term Debt Repaid	-1,895	-2,288	-1,833	-2,237	-1,623
Net Long-Term Debt Issued (Repaid)	-836	-731	-1,000	-419	-851
Issuance of Common Stock	59	147	61	88	102
Repurchase of Common Stock	-1,944	-1,826	-1,801	-1,396	-1,250
Net Common Stock Issued (Repurchased)	-1,885	-1,679	-1,740	-1,308	-1,148
Repurchase of Preferred Stock	-225	-	-	-	-
Net Preferred Stock Issued (Repurchased)	-225	-	-	-	-
Common Dividends Paid	-812	-459	-562	-529	-484
Other Financing Activities	-683	-947	-630	-495	-766
Financing Cash Flow	-4,441	-3,816	-3,932	-2,751	-3,249
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-5	9	3	-4	1
Net Cash Flow	-70	-26	-120	-368	308
Free Cash Flow	4,552	3,979	3,989	3,603	4,024
Free Cash Flow Growth	14.40%	-0.25%	10.71%	-10.46%	-7.94%
FCF Margin	7.12%	6.62%	6.70%	6.38%	7.57%
Free Cash Flow Per Share	3.80	3.22	3.12	2.72	2.94
Levered Free Cash Flow	1,731	1,407	1,518	2,252	2,381
Unlevered Free Cash Flow	3,026	2,531	3,210	3,256	3,734

Updated Jan 3, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.