Whitecap Resources 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	984.6	812.3	889	1,676	1,777
Depreciation & Amortization	1,773	1,029	905.4	188.6	-1,277
Loss (Gain) From Sale of Assets	-7.6	-246.4	-78.8	-2.3	-23.3
Stock-Based Compensation	22.2	16.6	14.4	11.1	7.9
Other Operating Activities	165.6	20.9	61.4	449.3	613.9
Change in Other Net Operating Assets	-251.9	201.3	-48.9	-139.7	25.3
Operating Cash Flow	2,686	1,834	1,743	2,183	1,124
Operating Cash Flow Growth	46.49%	5.22%	-20.18%	94.23%	149.68%
Capital Expenditures	-2,077	-1,137	-1,125	-686.5	-428.5
Sale of Property, Plant & Equipment	305.3	508.8	360.2	23.4	186.4
Cash Acquisitions	111.3	-	6.7	-1,879	-216.8
Other Investing Activities	307.5	64.1	-7.6	45.6	71.4
Investing Cash Flow	-1,352	-563.8	-765.6	-2,497	-387.5
Long-Term Debt Issued	1,043	-	-	788.9	-
Long-Term Debt Repaid	-1,788	-343.7	-495.5	-4.1	-453.4
Net Debt Issued (Repaid)	-745.3	-343.7	-495.5	784.8	-453.4
Repurchase of Common Stock	-193.3	-129.7	-122.7	-242.7	-164.2
Common Dividends Paid	-735.5	-433.3	-372.8	-237.2	-126.1
Other Financing Activities	37.7	-0.7	14.1	8.5	7.2
Financing Cash Flow	-1,636	-907.4	-976.9	313.4	-736.5
Net Cash Flow	-302.9	362.3	-	-	-
Free Cash Flow	609.4	696.8	617.6	1,497	695.5
Free Cash Flow Growth	-12.54%	12.82%	-58.73%	115.18%	173.51%
Free Cash Flow Margin	11.79%	20.88%	19.12%	38.19%	30.53%
Free Cash Flow Per Share	0.61	1.17	1.01	2.41	1.15
Cash Interest Paid	135.4	71.2	71.9	61.6	43.7
Cash Income Tax Paid	293.7	125.8	-	-	-
Levered Free Cash Flow	678.04	686.2	784.44	524.04	-16.75
Unlevered Free Cash Flow	766.35	742.33	836.63	548.98	6.31
Change in Working Capital	-251.9	201.3	-48.9	-139.7	25.3

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