Mongolia Growth Group 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	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-12.74	-7.39	-13.18	7.94	15.55	3.73
Depreciation & Amortization	0.09	0.08	0.08	0.03	0.07	0.07
Gain (Loss) on Sale of Assets	-	-	-	-	0.07	-0.11
Gain (Loss) on Sale of Investments	11.93	6.47	-4.57	-9.82	-18.25	-7.55
Asset Writedown	-	-	-	-	0.39	2.74
Change in Accounts Payable	-0.09	0.08	0.37	-0.34	0.35	-0.18
Change in Other Net Operating Assets	2.32	-0.19	-1.89	-1.98	9.14	0.48
Other Operating Activities	-0.5	-0.28	15.84	1.62	0.57	-0.1
Net Cash from Discontinued Operations	-	-	-1.39	0.31	-	-
Operating Cash Flow	0.7	-2.83	-4.28	-1.13	8.98	-0.94
Acquisition of Real Estate Assets	-	-0.2	-	-0.71	-0.94	-0
Sale of Real Estate Assets	-	-	-	-	2.13	0.58
Net Sale / Acq. of Real Estate Assets	-	-0.2	-	-0.71	1.18	0.58
Investment in Marketable & Equity Securities	31.25	7.76	2.21	1.21	-6.64	1.19
Other Investing Activities	-	0.38	10.46	0.82	-0.31	-
Investing Cash Flow	31.25	7.94	12.68	1.32	-5.77	1.77
Long-Term Debt Issued	-	-	-	-	0.02	0.04
Short-Term Debt Repaid	-	-	-0.04	-	-	-
Total Debt Repaid	0.02	-	-0.04	-	-	-
Net Debt Issued (Repaid)	0.02	-	-0.04	-	0.02	0.04
Repurchase of Common Stock	-0.49	-1.73	-0.77	-0.46	-2.16	-0.34
Foreign Exchange Rate Adjustments	0.11	0.17	0.1	-0.08	-0.04	0.1
Net Cash Flow	31.59	3.55	7.68	-0.35	1.03	0.62
Cash Interest Paid	0.04	0.04	0.01	0	0	0
Cash Income Tax Paid	1.43	1.43	0.42	0	0	0.03
Levered Free Cash Flow	1.37	-1.78	-7.29	2.07	11.01	0.27
Unlevered Free Cash Flow	1.37	-1.75	-7.29	2.07	11.01	0.27
Change in Working Capital	1.93	-1.71	-1.07	-1.2	10.52	0.29

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