Fortis 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 - 2015
Net Income	1,506	1,330	1,231	1,209	1,655	Upgrade
Depreciation & Amortization	1,542	1,460	1,313	1,282	1,199	Upgrade
Other Operating Activities	430	220	300	145	-258	Upgrade
Operating Cash Flow	3,545	3,074	2,907	2,701	2,663	Upgrade
Operating Cash Flow Growth	15.32%	5.74%	7.63%	1.43%	2.27%	Upgrade
Capital Expenditures	-3,953	-3,754	-3,293	-3,971	-3,618	Upgrade
Acquisitions	454	0	0	0	995	Upgrade
Change in Investments	-24	-100	0	0	0	Upgrade
Other Investing Activities	-219	-205	-195	-161	-145	Upgrade
Investing Cash Flow	-3,742	-4,059	-3,488	-4,132	-2,768	Upgrade
Share Issuance / Repurchase	-658	-620	-548	-728	948	Upgrade
Debt Issued / Paid	1,415	1,790	1,138	2,155	-665	Upgrade
Other Financing Activities	-144	-135	-139	-100	-129	Upgrade
Financing Cash Flow	613	1,035	451	1,327	154	Upgrade
Exchange Rate Effect	0	28	12	-17	-26	Upgrade
Net Cash Flow	416	78	-118	-121	23	Upgrade
Free Cash Flow	-408	-680	-386	-1,270	-955	Upgrade
Free Cash Flow Margin	-3.54%	-6.16%	-4.09%	-14.21%	-10.87%	Upgrade
Free Cash Flow Per Share	-0.83	-1.42	-0.82	-2.73	-2.18	Upgrade

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