Saturn Oil & Gas 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Net Income	208.16	54.11	290.62	74.82	-65.06	-7.76	Upgrade
Depreciation & Amortization	285.39	229.03	148.91	46.04	16.23	4.52	Upgrade
Stock-Based Compensation	10.41	10.35	7.55	0.54	0.45	0.69	Upgrade
Other Operating Activities	-56.39	55.32	-184.08	-4.54	73.82	5.9	Upgrade
Change in Other Net Operating Assets	-1.15	-36.87	20.99	-14.54	-26.72	-2.5	Upgrade
Operating Cash Flow	446.41	311.94	283.99	102.31	-1.29	0.85	Upgrade
Operating Cash Flow Growth	67.44%	9.84%	177.56%	-	-	-90.73%	Upgrade
Capital Expenditures	259.08	-246.32	-130.57	-89.11	-8.69	-1.13	Upgrade
Cash Acquisitions	-564.41	-564.41	-466.66	-248.37	-82.3	-	Upgrade
Divestitures	-0.58	25.13	-	-	-	-	Upgrade
Other Investing Activities	-9.03	36.06	20.83	19.23	3.14	-0.23	Upgrade
Investing Cash Flow	-314.94	-749.53	-576.41	-318.24	-87.86	-1.35	Upgrade
Long-Term Debt Issued	-	874.34	361.4	229.97	84.06	0.99	Upgrade
Total Debt Issued	-16.35	874.34	361.4	229.97	84.06	0.99	Upgrade
Long-Term Debt Repaid	-	-513.86	-170.04	-95.12	-19.89	-0.55	Upgrade
Total Debt Repaid	-127.03	-513.86	-170.04	-95.12	-19.89	-0.55	Upgrade
Net Debt Issued (Repaid)	-143.38	360.49	191.37	134.85	64.18	0.44	Upgrade
Issuance of Common Stock	0.24	150.24	125	96.94	32.25	-	Upgrade
Repurchase of Common Stock	-28.13	-15.77	-	-	-	-	Upgrade
Other Financing Activities	7.82	-35.4	-7.75	-8.03	-5.44	-0.47	Upgrade
Financing Cash Flow	-163.45	459.55	308.62	223.77	90.99	-0.04	Upgrade
Net Cash Flow	-31.98	21.96	16.2	7.84	1.85	-0.54	Upgrade
Free Cash Flow	705.48	65.62	153.42	13.21	-9.98	-0.28	Upgrade
Free Cash Flow Growth	1613.62%	-57.23%	1061.44%	-	-	-	Upgrade
Free Cash Flow Margin	64.05%	8.13%	24.55%	3.92%	-10.14%	-3.87%	Upgrade
Free Cash Flow Per Share	3.39	0.35	1.19	0.29	-0.52	-0.02	Upgrade
Levered Free Cash Flow	622.14	53.88	143.69	15.99	-1.94	-4.35	Upgrade
Unlevered Free Cash Flow	686.52	112.32	203.11	37.14	6.81	2.01	Upgrade
Change in Net Working Capital	99.38	-3.91	-17.88	-19.48	-36.17	2.72	Upgrade

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