TSX:MKZ.UN Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	0.44	0.49	0.52	0.53	0.6	Upgrade
Change in Accounts Receivable	0.02	-0	0.01	0.02	-0	Upgrade
Change in Income Taxes	-0.02	-0.01	-0.01	-0.02	0	Upgrade
Change in Other Net Operating Assets	0.01	0	0	0.01	-0.01	Upgrade
Operating Cash Flow	0.45	0.48	0.52	0.54	0.59	Upgrade
Operating Cash Flow Growth	-6.70%	-6.99%	-3.06%	-9.57%	6.74%	Upgrade
Common Dividends Paid	-0.49	-0.52	-0.53	-0.6	-0.6	Upgrade
Financing Cash Flow	-0.49	-0.52	-0.53	-0.6	-0.6	Upgrade
Net Cash Flow	-0.04	-0.03	-0.01	-0.07	-0.01	Upgrade
Levered Free Cash Flow	0.44	0.45	0.48	0.49	0.54	Upgrade
Unlevered Free Cash Flow	0.44	0.45	0.48	0.49	0.54	Upgrade
Change in Working Capital	0.01	-0.01	0	0	-0.01	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.