TSX:WTE Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	98.55	90.7	115.25	116.56	66.84	107.81
Depreciation & Amortization	33.42	33.18	33.97	30.53	30.22	28.42
Other Adjustments	60.72	56.25	70.53	51.71	42.24	57.54
Change in Receivables	-27.22	-37.92	8.68	-33.04	5.94	-3.08
Changes in Inventories	-5.01	-4.41	-0.17	-0.9	0.18	0.4
Changes in Accounts Payable	-1.51	9.91	13.76	12.87	-2.13	-0.79
Changes in Unearned Revenue	1.86	6.07	15.37	-9.86	-0.83	-0.26
Changes in Other Operating Activities	250.8	250.83	159.99	21.72	1.69	-53.48
Operating Cash Flow	411.59	404.61	396.07	189.59	144.15	136.57
Operating Cash Flow Growth	-8.29%	2.15%	108.91%	31.52%	5.55%	-22.58%
Capital Expenditures	-355.01	-320.47	-296.38	-91.06	-53.81	-0.93
Purchases of Intangible Assets	-3.82	-3.73	-1.62	-0.58	-1.12	-7.18
Investing Cash Flow	-358.83	-324.2	-298.01	-91.64	-54.93	-8.11
Repurchase of Common Stock	-	-	-17.66	-7.58	-10.09	-2.08
Net Common Stock Issued (Repurchased)	-	-	-17.66	-7.58	-10.09	-2.08
Common Dividends Paid	-92.66	-92.66	-113.56	-84.49	-167.63	-82.89
Other Financing Activities	0.52	1.54	4.99	3.8	0.08	-1.43
Financing Cash Flow	-92.14	-91.11	-126.22	-88.27	-177.64	-86.4
Net Cash Flow	-39.37	-10.71	-28.15	9.68	-88.42	42.06
Free Cash Flow	56.59	84.14	99.69	98.54	90.34	135.64
Free Cash Flow Growth	-32.75%	-15.60%	1.17%	9.07%	-33.40%	-14.96%
FCF Margin	17.04%	26.05%	24.63%	25.86%	30.42%	39.84%
Free Cash Flow Per Share	0.92	1.36	1.61	1.58	1.43	2.14
Levered Free Cash Flow	23.09	65.8	41.79	79.86	42.16	81.18
Unlevered Free Cash Flow	4.91	46.03	57.73	81.76	49.23	88.24

Updated May 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.