Linamar 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	584.52	258.26	503.05	426.19	420.56
Depreciation & Amortization	622.3	605.36	491.52	440.97	448.75
Stock-Based Compensation	3.56	3.49	3.94	3.06	3.27
Other Adjustments	53.2	597.77	3.59	-4.95	-10.2
Change in Receivables	-58.94	202.18	-120.03	-215.35	24.82
Changes in Inventories	141.62	-37.02	-239.84	-351.13	-227.45
Changes in Accounts Payable	15.09	-313.83	74.79	239.29	166.24
Changes in Income Taxes Payable	16.68	-81.93	72.84	-82.87	-19.36
Changes in Other Operating Activities	-47.25	19.76	3.69	12.92	102.14
Operating Cash Flow	1,331	1,254	793.55	468.13	908.76
Operating Cash Flow Growth	6.12%	58.03%	69.52%	-48.49%	-36.63%
Capital Expenditures	-404.21	-532.6	-762.71	-410.65	-243.06
Sale of Property, Plant & Equipment	10.68	66.83	3.78	36.17	6.88
Purchases of Intangible Assets	-17.53	-31.1	-27.58	-12.6	-11.48
Payments for Business Acquisitions	-425.77	-620.5	-407.06	-325.53	-
Other Investing Activities	-0.44	-0.08	-0.44	-3.13	-19.66
Investing Cash Flow	-837.27	-1,117	-1,194	-715.74	-267.32
Long-Term Debt Issued	-419.5	542.25	307.66	462.92	-487.8
Long-Term Debt Repaid	-	-75	-	-	-
Net Long-Term Debt Issued (Repaid)	-419.5	467.25	307.66	462.92	-487.8
Issuance of Common Stock	7.35	-	2.06	1.08	-
Repurchase of Common Stock	-77.59	-42.03	-	-236.08	-
Net Common Stock Issued (Repurchased)	-70.24	-42.03	2.06	-235	-
Common Dividends Paid	-67	-61.54	-54.15	-51.12	-44.51
Other Financing Activities	-88.77	-127.76	-48.18	-20.42	-39.78
Financing Cash Flow	-645.5	235.92	207.4	156.39	-572.08
Effect of Exchange Rate Changes on Cash and Cash Equivalents	8.48	28.75	-14.12	23.31	-2.04
Net Cash Flow	-143.52	401.27	-207.19	-67.91	67.33
Free Cash Flow	926.57	721.44	30.84	57.48	665.71
Free Cash Flow Growth	28.43%	2239.06%	-46.34%	-91.36%	-43.09%
FCF Margin	9.06%	6.82%	0.32%	0.73%	10.18%
Free Cash Flow Per Share	15.43	11.71	0.50	0.90	-
Levered Free Cash Flow	509.25	385.25	451.01	737.65	160.03
Unlevered Free Cash Flow	1,478	550.81	636.13	587.97	979.95

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