Topaz Energy Corp. (TSX:TPZ)

Topaz Energy Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	62.91	46.39	47.64	99.36	27.56	3.09
Depreciation & Amortization	203.12	196.45	217.39	209.46	155.42	85.49
Other Amortization	0.47	0.45	0.71	0.58	0.37	-
Stock-Based Compensation	5.76	5.36	3.2	1.48	1.98	0.89
Other Operating Activities	25.92	30.67	17.36	22.89	5.61	-0.39
Change in Other Net Operating Assets	-0.54	-3.05	14.27	-15.89	-25.92	-5.44
Operating Cash Flow	297.65	276.27	300.58	317.88	165.02	83.64
Operating Cash Flow Growth	5.66%	-8.09%	-5.44%	92.63%	97.29%	-5.42%
Capital Expenditures	-366.25	-437.9	-54.54	-354.69	-922.1	-1.26
Cash Acquisitions	-	-	-	-	-	-171.46
Other Investing Activities	-18.51	-2.09	2.58	0.59	0.69	0.09
Investing Cash Flow	-384.76	-439.99	-51.96	-354.1	-921.4	-172.63
Long-Term Debt Issued	-	148.32	-	188	278.33	-
Long-Term Debt Repaid	-	-	-73.66	-	-	-
Net Debt Issued (Repaid)	84.45	148.32	-73.66	188	278.33	-
Issuance of Common Stock	211.21	212.03	4.82	6.58	384.93	395.42
Common Dividends Paid	-201.47	-191.17	-176.32	-157.29	-108.74	-73.13
Other Financing Activities	-6.78	-8.77	-	-1.07	-18.33	-21.25
Financing Cash Flow	87.41	160.41	-245.16	36.22	536.2	301.04
Net Cash Flow	0.31	-3.31	3.46	-	-220.19	212.05
Free Cash Flow	-68.6	-161.63	246.04	-36.81	-757.08	82.39
Free Cash Flow Margin	-20.84%	-51.74%	76.55%	-9.96%	-357.89%	82.49%
Free Cash Flow Per Share	-0.45	-1.10	1.69	-0.26	-6.09	0.91
Levered Free Cash Flow	-120.55	-194.52	224.96	-84.49	-769.21	81.57
Unlevered Free Cash Flow	-103.74	-177.52	242.88	-76.21	-767.47	81.96
Change in Working Capital	-0.54	-3.05	14.27	-15.89	-25.92	-5.44

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.