Savaria 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	62.6	48.51	37.84	35.31	11.54	26.46
Depreciation & Amortization	46.3	44.17	41.05	40.56	39.66	14.72
Other Amortization	8.97	8.93	9.21	9.66	11.07	2.98
Loss (Gain) From Sale of Assets	0.25	-0.72	1.4	0.67	-0.08	-0.09
Asset Writedown & Restructuring Costs	-	-	-	-	2.29	-
Stock-Based Compensation	2.84	2.76	1.97	1.86	1.75	1.05
Other Operating Activities	13.83	10.39	1.96	16.6	4.1	-1.91
Change in Accounts Receivable	5.24	5.1	-12.16	0.51	-5.59	4.64
Change in Inventory	5.98	0.93	-4.63	-19.64	-13.83	-2.56
Change in Accounts Payable	-6.86	5.86	-0.06	-3.14	10.77	0.16
Change in Unearned Revenue	-2.7	-6.83	1.33	2.07	6.94	1.01
Change in Other Net Operating Assets	0.81	1	0.71	6.29	-11.32	2.85
Operating Cash Flow	137.27	120.1	78.62	90.74	57.28	49.31
Operating Cash Flow Growth	11.61%	52.77%	-13.36%	58.43%	16.16%	62.70%
Capital Expenditures	-10.98	-11.94	-10.8	-11.51	-6.57	-3.36
Sale of Property, Plant & Equipment	0.3	0.02	0.31	0.32	0.23	0.31
Cash Acquisitions	-3.96	-7.14	-0.19	-1.38	-380.96	-0.71
Divestitures	0.75	6.65	12.39	-	-	-
Sale (Purchase) of Intangibles	-9.94	-8.22	-8.06	-9.01	-9.15	-3.62
Investing Cash Flow	-18.88	-20.63	-6.36	-21.58	-396.44	-7.38
Long-Term Debt Issued	-	-	-	-	332.59	-
Long-Term Debt Repaid	-	-72.29	-95.56	-39.66	-124.14	-4.7
Net Debt Issued (Repaid)	-78.17	-72.29	-95.56	-39.66	208.45	-4.7
Issuance of Common Stock	3.12	7.08	94.31	2.82	196.48	2.63
Common Dividends Paid	-38.57	-37.31	-34.36	-32.5	-29.52	-23.59
Other Financing Activities	-12.3	-15.47	-27.49	-13.91	-23.62	-1.67
Financing Cash Flow	-125.92	-118	-63.11	-83.25	351.8	-27.33
Foreign Exchange Rate Adjustments	0.38	-0.32	0.19	3.58	-3.32	-0.12
Miscellaneous Cash Flow Adjustments	-	-	-	-8.25	-	-
Net Cash Flow	-7.16	-18.83	9.35	-18.77	9.31	14.48
Free Cash Flow	126.28	108.17	67.82	79.23	50.71	45.95
Free Cash Flow Growth	14.01%	59.50%	-14.41%	56.24%	10.37%	88.63%
Free Cash Flow Margin	14.11%	12.46%	8.10%	10.04%	7.67%	12.96%
Free Cash Flow Per Share	1.75	1.51	1.02	1.23	0.81	0.90
Cash Interest Paid	11.99	15.47	21.5	13.91	9.93	1.57
Cash Income Tax Paid	25.45	29.19	30.4	10.36	15.73	12.82
Levered Free Cash Flow	115.01	89.4	54.09	53.28	24.76	36.56
Unlevered Free Cash Flow	123.75	100.76	68.2	63.14	31.64	38.59
Change in Working Capital	2.47	6.07	-14.81	-13.91	-13.04	6.09

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