Western Copper and Gold 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	-3.12	-6.92	-3.34	-4.99	-3.71	Upgrade
Depreciation & Amortization	0.1	0.16	0.21	0.17	0.1	Upgrade
Loss (Gain) From Sale of Investments	-2.38	-0.05	-0.62	0.69	-0.37	Upgrade
Stock-Based Compensation	2.27	2.45	1.08	1.55	1.24	Upgrade
Other Operating Activities	-0.06	0.01	0.03	-0.72	-0.87	Upgrade
Change in Accounts Payable	-0.92	0.86	-0.19	0.33	-0.22	Upgrade
Change in Other Net Operating Assets	0.75	-1.24	0.29	-0.36	-0.05	Upgrade
Operating Cash Flow	-3.37	-4.73	-2.54	-3.34	-3.87	Upgrade
Capital Expenditures	-20.56	-13.82	-19.9	-20.93	-11.4	Upgrade
Investment in Securities	28.14	-47.5	16	-5	-16	Upgrade
Investing Cash Flow	7.58	-61.32	-3.9	-25.93	-27.4	Upgrade
Long-Term Debt Repaid	-0.11	-0.19	-0.25	-0.21	-0.11	Upgrade
Net Debt Issued (Repaid)	-0.11	-0.19	-0.25	-0.21	-0.11	Upgrade
Issuance of Common Stock	2.68	57.75	31.62	0.13	34.98	Upgrade
Other Financing Activities	1.28	-3.27	-0.31	-	-1.56	Upgrade
Financing Cash Flow	3.84	54.29	31.07	-0.08	33.31	Upgrade
Net Cash Flow	8.06	-11.77	24.63	-29.35	2.04	Upgrade
Free Cash Flow	-23.92	-18.55	-22.44	-24.27	-15.27	Upgrade
Free Cash Flow Per Share	-0.12	-0.10	-0.14	-0.16	-0.11	Upgrade
Levered Free Cash Flow	-22.63	-17.39	-20.6	-20.62	-11.01	Upgrade
Unlevered Free Cash Flow	-22.63	-17.39	-20.6	-20.62	-11.01	Upgrade
Change in Working Capital	-0.17	-0.38	0.11	-0.04	-0.26	Upgrade

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