Canadian National Railway Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2002
Net Income	5,625	5,118	4,899	3,545	4,216	4,328	5,484	3,640	3,538	3,167	Upgrade
Depreciation & Amortization	1,817	1,729	1,598	1,589	1,562	1,329	1,281	1,225	1,158	1,050	Upgrade
Other Operating Activities	-477	-180	474	1,031	145	261	-1,249	337	444	164	Upgrade
Operating Cash Flow	6,965	6,667	6,971	6,165	5,923	5,918	5,516	5,202	5,140	4,381	Upgrade
Operating Cash Flow Growth	4.47%	-4.36%	13.07%	4.09%	0.08%	7.29%	6.04%	1.21%	17.32%	23.48%	Upgrade
Capital Expenditures	-3,058	-2,750	-2,891	-2,863	-3,865	-3,337	-2,673	-2,610	-2,706	-2,124	Upgrade
Acquisitions	-390	0	-22	-8	-259	0	0	0	0	0	Upgrade
Change in Investments	-	-	-	0	0	0	0	0	0	-15	Upgrade
Other Investing Activities	-20	240	40	-75	-66	-67	-65	-72	-61	-37	Upgrade
Investing Cash Flow	-3,468	-2,510	-2,873	-2,946	-4,190	-3,404	-2,738	-2,682	-2,767	-2,176	Upgrade
Dividends Paid	-2,071	-2,004	-1,740	-1,634	-1,544	-1,333	-1,239	-1,159	-996	-818	Upgrade
Share Issuance / Repurchase	-4,534	-4,777	-1,583	-346	-1,667	-1,951	-2,038	-2,006	-1,765	-1,475	Upgrade
Debt Issued / Paid	3,212	2,079	-489	-705	1,392	974	454	691	540	-77	Upgrade
Other Financing Activities	-13	35	-45	-22	-84	2	-72	-65	-2	-	Upgrade
Financing Cash Flow	-3,406	-4,667	-3,857	-2,707	-1,903	-2,308	-2,895	-2,539	-2,223	-2,370	Upgrade
Exchange Rate Effect	-1	3	0	0	-1	0	-2	15	11	3	Upgrade
Net Cash Flow	90	-507	241	512	-171	206	-119	-4	161	-162	Upgrade
Free Cash Flow	3,907	3,917	4,080	3,302	2,058	2,581	2,843	2,592	2,434	2,257	Upgrade
Free Cash Flow Growth	-0.26%	-4.00%	23.56%	60.45%	-20.26%	-9.22%	9.68%	6.49%	7.84%	38.72%	Upgrade
Free Cash Flow Margin	23.22%	22.90%	28.18%	23.89%	13.80%	18.02%	21.80%	21.53%	19.30%	18.60%	Upgrade
Free Cash Flow Per Share	5.94	5.71	5.76	4.64	2.86	3.51	3.77	3.34	3.04	2.75	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).