George Weston 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	2,473	2,496	2,625	2,803	1,425
Depreciation & Amortization	2,380	2,611	2,532	2,407	2,419
Other Adjustments	3,172	2,034	1,923	1,361	2,286
Change in Receivables	-2	-105	-228	-512	-302
Changes in Income Taxes Payable	-1,121	-1,285	-1,028	-592	-706
Changes in Other Operating Activities	-640	314	27	-555	-3
Operating Cash Flow	6,262	6,065	5,851	4,912	5,119
Operating Cash Flow Growth	3.25%	3.66%	19.12%	-4.04%	-7.28%
Capital Expenditures	-2,061	-2,018	-1,935	-1,446	-1,056
Sale of Property, Plant & Equipment	337	331	409	239	334
Purchases of Intangible Assets	-350	-377	-407	-419	-400
Payments for Business Acquisitions	-	-	-	-813	-
Proceeds from Business Divestments	-	-	-	-	1,207
Other Investing Activities	-69	-236	267	-141	-376
Investing Cash Flow	-2,143	-2,300	-1,666	-2,580	-291
Short-Term Debt Issued	-150	-63	155	206	-135
Net Short-Term Debt Issued (Repaid)	-150	-63	155	206	-135
Long-Term Debt Issued	1,855	2,613	1,939	2,609	1,440
Long-Term Debt Repaid	-2,089	-2,957	-2,368	-2,393	-2,028
Net Long-Term Debt Issued (Repaid)	-234	-344	-429	216	-588
Issuance of Common Stock	90	195	68	124	134
Repurchase of Common Stock	-1,069	-1,072	-1,962	-1,846	-1,431
Net Common Stock Issued (Repurchased)	-979	-877	-1,894	-1,722	-1,297
Repurchase of Preferred Stock	-969	-1,008	-	-	-
Net Preferred Stock Issued (Repurchased)	-969	-1,008	-	-	-
Common Dividends Paid	-442	-399	-381	-367	-342
Preferred Share Dividends Paid	-44	-44	-44	-44	-44
Other Financing Activities	-1,278	-1,445	-1,456	-1,295	-2,020
Financing Cash Flow	-4,321	-4,180	-4,049	-3,006	-4,426
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-6	12	2	3	1
Net Cash Flow	-208	-403	138	-671	403
Free Cash Flow	4,201	4,047	3,916	3,466	4,063
Free Cash Flow Growth	3.81%	3.35%	12.98%	-14.69%	-5.20%
FCF Margin	6.51%	6.67%	6.51%	6.08%	7.56%
Free Cash Flow Per Share	10.86	10.15	9.46	7.98	9.02
Levered Free Cash Flow	-684	574	862	2,052	362
Unlevered Free Cash Flow	1,862	2,514	2,893	3,328	3,614

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