Topaz Energy Corp. (TSX:TPZ)

Topaz Energy Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	52.48	46.39	47.64	99.36	27.56	3.09
Depreciation & Amortization	199.3	196.45	217.39	209.46	155.42	85.49
Other Amortization	0.4	0.45	0.71	0.58	0.37	-
Stock-Based Compensation	5.59	5.36	3.2	1.48	1.98	0.89
Other Operating Activities	35.35	30.67	17.36	22.89	5.61	-0.39
Change in Other Net Operating Assets	-7.39	-3.05	14.27	-15.89	-25.92	-5.44
Operating Cash Flow	285.73	276.27	300.58	317.88	165.02	83.64
Operating Cash Flow Growth	-0.17%	-8.09%	-5.44%	92.63%	97.29%	-5.42%
Capital Expenditures	-442.92	-437.9	-54.54	-354.69	-922.1	-1.26
Cash Acquisitions	-	-	-	-	-	-171.46
Other Investing Activities	-15.02	-2.09	2.58	0.59	0.69	0.09
Investing Cash Flow	-457.95	-439.99	-51.96	-354.1	-921.4	-172.63
Long-Term Debt Issued	-	148.32	-	188	278.33	-
Long-Term Debt Repaid	-	-	-73.66	-	-	-
Net Debt Issued (Repaid)	162.73	148.32	-73.66	188	278.33	-
Issuance of Common Stock	211.21	212.03	4.82	6.58	384.93	395.42
Common Dividends Paid	-195.55	-191.17	-176.32	-157.29	-108.74	-73.13
Other Financing Activities	-9.03	-8.77	-	-1.07	-18.33	-21.25
Financing Cash Flow	169.36	160.41	-245.16	36.22	536.2	301.04
Net Cash Flow	-2.86	-3.31	3.46	-	-220.19	212.05
Free Cash Flow	-157.2	-161.63	246.04	-36.81	-757.08	82.39
Free Cash Flow Margin	-48.17%	-51.74%	76.55%	-9.96%	-357.89%	82.49%
Free Cash Flow Per Share	-1.05	-1.10	1.69	-0.26	-6.09	0.91
Levered Free Cash Flow	-207.05	-194.52	224.96	-84.49	-769.21	81.57
Unlevered Free Cash Flow	-190.04	-177.52	242.88	-76.21	-767.47	81.96
Change in Net Working Capital	17.96	1.78	-15.11	21.2	26.27	4.86

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.