Richards Group Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	22.37	35.85	38.89	45.17	2.07	50.14
Depreciation & Amortization	16.93	12.47	11.15	12.28	12.4	12.21
Other Amortization	0.56	0.56	0.5	0.11	0.03	0.02
Other Operating Activities	3.75	0.33	-1.25	-1.84	47.03	18.51
Change in Accounts Receivable	1.95	2.65	2.82	-5.69	-0.51	-11.21
Change in Inventory	-0.43	-2.96	25.59	6.93	-12.81	-14.8
Change in Accounts Payable	-6.92	-1.06	4.78	-20.01	10.6	24.19
Change in Other Net Operating Assets	-0.49	3.37	0.72	3.36	-1.92	-4.72
Operating Cash Flow	37.72	51.21	83.19	40.31	56.87	74.34
Operating Cash Flow Growth	-35.13%	-38.44%	106.38%	-29.12%	-23.50%	86.02%
Capital Expenditures	-1.73	-1.12	-1.48	-0.86	-1.81	-2.66
Cash Acquisitions	-62.51	-4.05	-	-	-	-49.92
Sale (Purchase) of Intangibles	-1.32	-0.92	-1.23	-0.66	-0.56	-
Other Investing Activities	-1.05	-	-	-49.53	-9.13	-2
Investing Cash Flow	-66.61	-6.08	-2.71	-51.05	-11.49	-54.58
Long-Term Debt Issued	-	-	-	53	-	35
Long-Term Debt Repaid	-	-27.27	-55.71	-19.69	-9.1	-34.34
Net Debt Issued (Repaid)	48.57	-27.27	-55.71	33.31	-9.1	0.66
Repurchase of Common Stock	-	-	-	-	-16.8	-
Common Dividends Paid	-14.47	-14.3	-14.62	-22.02	-14.77	-14.82
Other Financing Activities	-2.48	-1.3	-3.85	-3.69	-4.28	-7.3
Financing Cash Flow	31.63	-46.97	-78.18	7.6	-44.95	-21.46
Foreign Exchange Rate Adjustments	0.9	-0.09	0.37	0.17	0.27	1.4
Net Cash Flow	3.63	-1.93	2.67	-2.98	0.7	-0.3
Free Cash Flow	35.99	50.09	81.71	39.45	55.06	71.68
Free Cash Flow Growth	-36.47%	-38.69%	107.10%	-28.35%	-23.18%	87.63%
Free Cash Flow Margin	8.48%	12.28%	19.18%	8.83%	12.20%	14.65%
Free Cash Flow Per Share	3.15	4.39	7.16	3.46	4.74	6.38
Cash Interest Paid	7.89	6.7	3.85	3.69	1.01	1.04
Cash Income Tax Paid	14.04	13.81	17.74	13.89	17.65	25.19
Levered Free Cash Flow	17.14	42.44	73.48	-22.42	86.12	51.33
Unlevered Free Cash Flow	19.43	43.58	76.3	-19.96	87.58	52.8
Change in Working Capital	-5.9	2	33.9	-15.41	-4.64	-6.54

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