Tiernan Gold Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	44.3	0.24	-0.73
Other Operating Activities	0.05	0.07	0.04
Change in Accounts Receivable	0.03	0.06	-19.4
Change in Accounts Payable	0.81	-3.37	21.41
Operating Cash Flow	0.84	-2.99	1.32
Capital Expenditures	-2.38	-1.54	-1.32
Other Investing Activities	-	21.58	-
Investing Cash Flow	-2.38	20.04	-1.32
Issuance of Common Stock	-	-	0.03
Financing Cash Flow	-	-	0.03
Net Cash Flow	-1.54	17.05	0.04
Free Cash Flow	-1.54	-4.54	0.01
Free Cash Flow Per Share	-0.11	-0.32	0.00
Levered Free Cash Flow	-	16.52	-
Unlevered Free Cash Flow	-	16.52	-
Change in Working Capital	0.84	-3.3	2.01

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