Sherritt International Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-34	-65.4	-73.1	-64.3	63.7	-13.4
Depreciation & Amortization	13.8	14.1	14	14.3	26	35
Stock-Based Compensation	6.2	4.9	0.3	-1.5	17.5	13.9
Other Adjustments	29.5	60.2	68.1	117.8	-68.8	-64.6
Changes in Other Operating Activities	-5.3	7.2	-35.4	-39	50.3	24.7
Operating Cash Flow	7	21	-26.1	27.3	88.7	-4.4
Operating Cash Flow Growth	-	-	-	-69.22%	-	-
Capital Expenditures	-13.1	-16	-6.6	-20.1	-27.7	-9.9
Sale of Property, Plant & Equipment	0.3	-	-	-	1.3	-
Purchases of Intangible Assets	-	-	-0.2	-1.2	-0.8	-0.8
Other Investing Activities	2	2.5	42.9	2.9	3.8	0.8
Investing Cash Flow	-10.5	-13.5	36.1	-18.4	-23.4	-9.9
Long-Term Debt Issued	10	-	11	13	37	-
Long-Term Debt Repaid	-1.8	-7	-3.9	-24.6	-128.1	-6.1
Net Long-Term Debt Issued (Repaid)	8.2	-7	7.1	-11.6	-91.1	-6.1
Other Financing Activities	-13.3	-15.9	-	-0.1	-2.2	-0.8
Financing Cash Flow	-5.1	-22.9	7.1	-11.7	-93.3	-6.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-3.4	-5.4	9.5	-2	6.3	-0.6
Net Cash Flow	-12	-20.8	26.6	-4.8	-21.7	-21.8
Free Cash Flow	-6.1	5	-32.7	7.2	61	-14.3
Free Cash Flow Growth	-	-	-	-88.20%	-	-
FCF Margin	-3.53%	2.82%	-20.59%	3.22%	34.12%	-12.98%
Free Cash Flow Per Share	-0.01	0.01	-0.08	0.02	0.15	-0.04
Levered Free Cash Flow	-30.7	-67.4	-93.7	-121	21	25.3
Unlevered Free Cash Flow	-15.13	-20.94	-53.71	-112.41	26.36	-35.18