Mainstreet Equity Corp. (TSX:MEQ)

Mainstreet Equity Cash Flow Statement

Financials in millions CAD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	287.01	199.88	109.41	120.54	225.53
Depreciation & Amortization	0.46	0.48	0.51	0.56	0.52
Other Amortization	9.39	7.88	7.13	6.27	5.25
Gain (Loss) on Sale of Assets	-0.52	-2.01	-0.44	-4.17	-0.11
Asset Writedown	-234.44	-144.86	-69.51	-86.89	-212
Change in Accounts Receivable	0.27	-4.06	-0.09	-0.35	0.11
Change in Accounts Payable	-1.16	3.13	1.74	1.13	-1.28
Change in Other Net Operating Assets	-0.87	-0.59	-0.19	-0.46	0.14
Other Operating Activities	29.49	24.9	22.15	16.02	18.35
Operating Cash Flow	84.83	91.46	70.76	52.68	35.61
Operating Cash Flow Growth	-7.24%	29.25%	34.31%	47.95%	0.44%
Acquisition of Real Estate Assets	-85.47	-176.2	-159.29	-116.2	-241.46
Sale of Real Estate Assets	2.06	4.02	1.11	14.16	1.24
Net Sale / Acq. of Real Estate Assets	-83.4	-172.18	-158.19	-102.03	-240.22
Investing Cash Flow	-83.53	-172.19	-158.59	-102.23	-240.4
Long-Term Debt Repaid	-90.33	-155.22	-118.94	-67.71	-105.94
Total Debt Repaid	-90.33	-155.22	-118.94	-67.71	-105.94
Net Debt Issued (Repaid)	-90.33	-155.22	-118.94	-67.71	-105.94
Repurchase of Common Stock	-1.74	-	-0.92	-2.1	-0.31
Common Dividends Paid	-1.38	-0.77	-	-	-
Other Financing Activities	357.86	203.78	244.89	144.69	291.8
Net Cash Flow	265.72	-32.94	37.2	25.34	-19.25
Cash Interest Paid	56.11	49.69	40.95	36.57	33.48
Levered Free Cash Flow	74.97	69.33	49.41	48.87	12.25
Unlevered Free Cash Flow	106.57	97.59	72.52	69.51	31.35
Change in Working Capital	-6.56	5.19	1.51	0.36	-1.93

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.