Trican Well Service Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	112.19	109.48	121.01	79.22	12.06
Depreciation & Amortization	88.05	77.54	77.2	80.22	87.81
Stock-Based Compensation	-	0.07	0.59	1.22	2.16
Other Adjustments	39.34	34.22	39.54	29.12	-0.96
Change in Receivables	3.69	-29.49	-5.69	-47.65	-51.03
Changes in Inventories	-7.31	1.28	3.14	-5.65	2.56
Changes in Accounts Payable	-23.26	23.03	15.76	21.13	19.3
Changes in Other Operating Activities	-0.21	2.72	-0.71	-3.89	0.74
Operating Cash Flow	167.58	154.84	248.46	152.23	74.1
Operating Cash Flow Growth	8.22%	-37.68%	63.21%	105.45%	4.71%
Capital Expenditures	-62.89	-75.07	-79.29	-103.62	-53.88
Sale of Property, Plant & Equipment	4.51	11.41	7.47	20.03	10.16
Payments for Business Acquisitions	-54.66	-	-	-	-
Proceeds from Business Divestments	-	-	-	-	7.76
Other Investing Activities	-13.07	-12.26	-3.27	-2.2	-3.39
Investing Cash Flow	-126.1	-75.92	-75.09	-85.8	-39.35
Short-Term Debt Issued	92.9	-	-29.86	30	-
Net Short-Term Debt Issued (Repaid)	92.9	-	-29.86	30	-
Long-Term Debt Repaid	-39.66	-	-	-	-
Net Long-Term Debt Issued (Repaid)	-39.66	-	-	-	-
Issuance of Common Stock	-6.56	-5.77	3.6	4.44	2.22
Repurchase of Common Stock	-54.66	-95.03	-78.46	-68.99	-26.75
Net Common Stock Issued (Repurchased)	-61.22	-100.8	-74.86	-64.55	-24.53
Common Dividends Paid	-41.6	-35.58	-34.34	-	-
Other Financing Activities	-5.72	-5.01	-3.67	-3.28	-3.31
Financing Cash Flow	-55.29	-141.39	-142.73	-37.83	-27.84
Net Cash Flow	-13.82	-62.47	30.64	28.6	6.9
Free Cash Flow	104.69	79.78	169.17	48.61	20.21
Free Cash Flow Growth	31.23%	-52.84%	248.00%	140.50%	-65.14%
FCF Margin	9.55%	8.13%	17.39%	5.61%	3.59%
Free Cash Flow Per Share	0.53	0.39	0.76	0.20	0.08
Levered Free Cash Flow	159.82	138.99	107.26	97.42	73.75
Unlevered Free Cash Flow	110.12	141.24	139.14	69.11	70.65

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.