| CAD billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 3.4 | 6.3 | 2.9 | 6.1 | 5.6 | 7.5 | +33.0% | |
| Depreciation & amortization | 3.7 | 3.9 | 4.3 | 4.6 | 5.2 | 5.7 | +9.6% | |
| Stock-based compensation | 0.1 | 0.0 | 0.3 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 0.1 | (1.6) | (0.0) | 2.3 | (0.1) | (1.4) | −956.4% | |
| Operating cash flow | 9.8 | 9.3 | 11.2 | 14.2 | 12.6 | 13.0 | +2.8% | |
| Capital expenditure | (5.6) | (8.1) | (4.8) | (4.9) | (6.9) | (9.0) | −29.5% | |
| Acquisitions | (0.0) | (3.8) | (0.3) | (0.9) | (10.7) | 0.0 | +100.1% | |
| Investing cash flow | (5.2) | (10.7) | (5.3) | (6.0) | (20.4) | (11.2) | +45.1% | |
| Dividends paid | (6.6) | (6.8) | (7.0) | (7.3) | (7.9) | (8.2) | −4.4% | |
| Share buybacks | 0.0 | (0.4) | (1.2) | (0.1) | 0.0 | 0.0 | — | |
| Debt issued / repaid | 2.5 | 9.1 | 2.5 | 0.9 | 9.7 | 5.9 | −38.6% | |
| Financing cash flow | (4.8) | 1.2 | (5.4) | (2.9) | 3.5 | (2.4) | −168.0% | |
| Free cash flow | 4.2 | 1.2 | 6.4 | 9.3 | 5.7 | 4.0 | −29.8% | |
| Net change in cash | (0.2) | (0.2) | 0.6 | 5.1 | (4.0) | (0.7) | +82.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
