Gold Strategy 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	-0.12	-0.19	-0.05	-0.06	-0.08	Upgrade
Asset Writedown & Restructuring Costs	-	0.11	-	-	-	Upgrade
Other Operating Activities	-	-	-0.01	0.01	0.01	Upgrade
Change in Accounts Receivable	-0	0.01	-0.01	0	-0	Upgrade
Change in Accounts Payable	0.02	0.02	0	0	0	Upgrade
Change in Other Net Operating Assets	0	-	-	0.01	-0	Upgrade
Operating Cash Flow	-0.11	-0.05	-0.07	-0.04	-0.07	Upgrade
Capital Expenditures	-	-	-	-0.01	-0.08	Upgrade
Investing Cash Flow	-	-	-	-0.01	-0.08	Upgrade
Long-Term Debt Issued	0.09	0.01	-	-	-	Upgrade
Total Debt Issued	0.09	0.01	-	-	-	Upgrade
Net Debt Issued (Repaid)	0.09	0.01	-	-	-	Upgrade
Issuance of Common Stock	0.29	-	-	0.15	0.16	Upgrade
Other Financing Activities	-0	-	-	-	-	Upgrade
Financing Cash Flow	0.37	0.01	-	0.15	0.16	Upgrade
Net Cash Flow	0.27	-0.04	-0.07	0.1	0.01	Upgrade
Free Cash Flow	-0.11	-0.05	-0.07	-0.05	-0.15	Upgrade
Free Cash Flow Per Share	-0.12	-0.06	-0.08	-0.05	-0.19	Upgrade
Levered Free Cash Flow	0.06	-0	-0.04	-0	-0.41	Upgrade
Unlevered Free Cash Flow	0.06	-0	-0.04	-0	-0.41	Upgrade
Change in Working Capital	0.02	0.02	-0.01	0.01	-0.01	Upgrade

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