TSX:BAM Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	681	541	451	38
Loss (Gain) on Equity Investments	136	83	56	-42
Stock-Based Compensation	18	3	6	-
Other Operating Activities	-144	2	-	2
Change in Accounts Payable	-172	-133	63	1,562
Change in Other Net Operating Assets	-123	131	-68	-1,564
Operating Cash Flow	376	627	508	-4
Operating Cash Flow Growth	-57.80%	23.43%	-	-
Capital Expenditures	-40	-41	-41	-
Investing Cash Flow	49	-41	-41	-
Short-Term Debt Issued	-	-	256	-
Total Debt Issued	384	-	256	562
Short-Term Debt Repaid	-	-37	-	-
Total Debt Repaid	-37	-37	-	-
Net Debt Issued (Repaid)	347	-37	256	562
Repurchase of Common Stock	-126	-10	-323	-556
Common Dividends Paid	-717	-630	-505	-
Other Financing Activities	71	94	113	-
Financing Cash Flow	-425	-583	-459	6
Net Cash Flow	4	3	8	2
Free Cash Flow	336	586	467	-4
Free Cash Flow Growth	-62.16%	25.48%	-	-
Free Cash Flow Per Share	0.78	1.40	1.18	-0.01
Cash Interest Paid	26	16	9	-
Levered Free Cash Flow	-498.75	116.88	114.13	-
Unlevered Free Cash Flow	-369.38	201.88	158.5	-
Change in Net Working Capital	702	52	26	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.