Topaz Energy Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2017
Period Ending	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	2019 - 2017
Net Income	46.39	47.64	99.36	27.56	3.09	Upgrade
Depreciation & Amortization	196.45	217.39	209.46	155.42	85.49	Upgrade
Other Amortization	0.45	0.71	0.58	0.37	-	Upgrade
Stock-Based Compensation	5.36	3.2	1.48	1.98	0.89	Upgrade
Other Operating Activities	30.67	17.36	22.89	5.61	-0.39	Upgrade
Change in Other Net Operating Assets	-3.05	14.27	-15.89	-25.92	-5.44	Upgrade
Operating Cash Flow	276.27	300.58	317.88	165.02	83.64	Upgrade
Operating Cash Flow Growth	-8.09%	-5.44%	92.63%	97.29%	-5.42%	Upgrade
Capital Expenditures	-437.9	-54.54	-354.69	-922.1	-1.26	Upgrade
Cash Acquisitions	-	-	-	-	-171.46	Upgrade
Other Investing Activities	-2.09	2.58	0.59	0.69	0.09	Upgrade
Investing Cash Flow	-439.99	-51.96	-354.1	-921.4	-172.63	Upgrade
Long-Term Debt Issued	148.32	-	188	278.33	-	Upgrade
Long-Term Debt Repaid	-	-73.66	-	-	-	Upgrade
Net Debt Issued (Repaid)	148.32	-73.66	188	278.33	-	Upgrade
Issuance of Common Stock	212.03	4.82	6.58	384.93	395.42	Upgrade
Common Dividends Paid	-191.17	-176.32	-157.29	-108.74	-73.13	Upgrade
Other Financing Activities	-8.77	-	-1.07	-18.33	-21.25	Upgrade
Financing Cash Flow	160.41	-245.16	36.22	536.2	301.04	Upgrade
Net Cash Flow	-3.31	3.46	-	-220.19	212.05	Upgrade
Free Cash Flow	-161.63	246.04	-36.81	-757.08	82.39	Upgrade
Free Cash Flow Margin	-51.74%	76.55%	-9.96%	-357.89%	82.49%	Upgrade
Free Cash Flow Per Share	-1.10	1.69	-0.26	-6.09	0.91	Upgrade
Levered Free Cash Flow	-194.52	224.96	-84.49	-769.21	81.57	Upgrade
Unlevered Free Cash Flow	-177.52	242.88	-76.21	-767.47	81.96	Upgrade
Change in Net Working Capital	1.78	-15.11	21.2	26.27	4.86	Upgrade

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