Transat A.T. Cash Flow Statement

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Net Income	241.92	-114.03	-25.29	-445.32	-389.44
Depreciation & Amortization	256.8	221.87	186.36	154.21	159.77
Stock-Based Compensation	0.17	-0.05	0.24	0.14	-
Other Adjustments	-359.78	10.33	66.74	101.5	1.13
Changes in Other Operating Activities	17.87	-23.45	93.71	11.61	-289.9
Operating Cash Flow	156.98	94.67	321.75	-177.85	-518.44
Operating Cash Flow Growth	65.81%	-70.58%	-	-	-
Capital Expenditures	-97.86	-138.57	-57.57	-32.53	-5.6
Sale of Property, Plant & Equipment	92.07	88.13	-	-	0.42
Proceeds from Business Divestments	-	20.41	48.11	-	-
Other Investing Activities	-4.41	-1.43	1.52	-1.25	9.72
Investing Cash Flow	-10.21	-31.45	-7.94	-33.78	4.54
Long-Term Debt Issued	30	-	-	213.22	599.85
Long-Term Debt Repaid	-55.14	-57	-52.97	-3.34	-
Net Long-Term Debt Issued (Repaid)	-25.14	-57	-52.97	209.87	599.85
Issuance of Common Stock	1.93	1.99	1.53	0.91	-
Net Common Stock Issued (Repurchased)	1.93	1.99	1.53	0.91	-
Repurchase of Preferred Stock	-16.27	-	-	-	-
Net Preferred Stock Issued (Repurchased)	-16.27	-	-	-	-
Other Financing Activities	-203.71	-185.28	-151.58	-111.1	-77.78
Financing Cash Flow	-243.19	-240.29	-203.02	99.69	522.07
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1	1.76	2.32	1.29	-1.41
Net Cash Flow	-95.42	-175.31	113.11	-110.66	6.76
Free Cash Flow	59.12	-43.9	264.18	-210.39	-524.04
FCF Margin	1.74%	-1.34%	-	-12.81%	-419.85%
Free Cash Flow Per Share	1.42	-1.13	6.90	-5.56	-13.88
Levered Free Cash Flow	393.59	-111.18	169.53	-102.16	74.56
Unlevered Free Cash Flow	186.52	46.53	222.49	-167.33	-536.98

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