Mustang Minerals 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	-0.71	0.5	-23.15	-0.43	-0.98	Upgrade
Depreciation & Amortization	0.06	-0.59	22.78	0.01	0.02	Upgrade
Other Amortization	0	0	0	0	0.01	Upgrade
Asset Writedown & Restructuring Costs	-	0.07	0.01	-	-	Upgrade
Stock-Based Compensation	-	0.01	0.21	0.07	0.28	Upgrade
Other Operating Activities	-0.01	-0.24	-0.13	-	-	Upgrade
Change in Accounts Receivable	-0	-0.01	-0.02	0.03	0.05	Upgrade
Change in Accounts Payable	0.01	0.03	-0.05	0.04	-0.07	Upgrade
Operating Cash Flow	-0.65	-0.23	-0.34	-0.27	-0.7	Upgrade
Capital Expenditures	-0.26	-0.15	-0.35	-0.66	-1.61	Upgrade
Other Investing Activities	0.07	0.99	0.61	-	-	Upgrade
Investing Cash Flow	-0.19	0.84	0.27	-0.66	-1.61	Upgrade
Net Cash Flow	-0.84	0.61	-0.07	-0.92	-2.31	Upgrade
Free Cash Flow	-0.91	-0.38	-0.68	-0.92	-2.31	Upgrade
Free Cash Flow Per Share	-0.01	-0.01	-0.01	-0.01	-0.03	Upgrade
Levered Free Cash Flow	-0.57	-0.53	7.95	-0.76	-2.3	Upgrade
Unlevered Free Cash Flow	-0.57	-0.53	7.95	-0.76	-2.3	Upgrade
Change in Working Capital	0.01	0.02	-0.07	0.07	-0.02	Upgrade

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