← GRAN TIERRA ENERGY INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $139.0m ($6.3m) $3.2m ($193.1m)
Net Income (Loss) Attributable to Parent ($465.6m) ($31.7m) $102.6m $38.7m ($778.0m) $42.5m $139.0m ($6.3m) $3.2m ($193.1m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($465.6m) — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 — — — — — — — — —
Depreciation, Depletion and Amortization $130.2m $126.8m $197.0m $220.8m $160.8m $135.7m $175.8m $209.7m $223.1m $267.9m
Amortization of Debt Issuance Costs $5.7m $2.4m $3.2m $3.4m $3.6m $3.8m $3.5m $5.8m $12.9m $16.9m
Results of Operations, Depreciation, Depletion, Amortization and Accretion $139.5m $131.3m $197.9m $225.0m $164.2m $139.9m $180.3m $215.6m $230.6m $278.4m
Depreciation Amortization Depletion — — — — — — $180.3m $215.6m $230.6m $278.4m
Deferred Income Tax Expense (Benefit) ($204.8m) $44.7m $5.0m $40.2m ($76.1m) ($23.8m) $25.3m $56.8m ($27.9m) ($55.6m)
Deferred Income Tax — — — — — — $25.3m $56.8m ($27.9m) ($55.6m)
Deferred Tax — — — — — — $25.3m $56.8m ($27.9m) ($55.6m)
Share-based Payment Arrangement, Noncash Expense $6.3m $9.8m $8.3m $1.4m $1.2m $8.4m $9.0m $5.7m $9.7m $3.2m
Goodwill, Impairment Loss — $0 $0 $0 $102.6m $0 $0 — — —
Asset Impairment Charge — — — — — — $0 $0 $0 $136.3m
Gain (Loss) on Disposition of Business — ($44.4m) $0 $0 — — — — — —
Income Tax Expense (Benefit) ($184.7m) $69.0m $48.9m $57.3m ($75.4m) ($19.3m) $105.9m $112.4m $41.4m ($39.8m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — — — — — — — — $756k ($29k)
Increase (Decrease) in Inventories ($5.5m) $78k $2.1m $3.2m $2.6m $2.4m $4.2m — — —
Asset Retirement Obligation, Accretion Expense $2.8m $3.8m $2.8m $3.4m $3.5m $4.2m $4.5m $5.4m $7.2m $10.4m
Foreign Currency Transaction Gain (Loss), before Tax $1.5m ($2.1m) ($10.0m) ($627k) ($4.2m) ($20.5m) ($2.6m) ($11.8m) $8.8m ($8.7m)
Foreign Currency Transaction Gain (Loss), Unrealized $1.4m ($837k) ($11.5m) ($1.8m) ($5.3m) ($21.9m) ($10.3m) $5.1m $7.9m ($1.0m)
Gain (Loss) on Investments — — — — — ($3.4m) $7k — — —
General and Administrative Expense $33.2m $39.0m $39.5m $34.7m $23.7m $36.3m $41.0m $45.8m $49.6m $60.1m
Goodwill $102.6m $102.6m $102.6m $102.6m $0 — — — — —
Inventory Write-down $664k $0 $0 — $4.2m $0 $0 — — —
Marketable Securities, Unrealized Gain (Loss) ($1.4m) $837k $786k $49.9m ($46.9m) ($2.0m) $0 $0 — $1.0m
Operating Costs and Expenses $86.9m $109.9m $111.3m $142.1m $111.9m $132.3m $162.4m $186.9m $202.3m $248.7m
Proceeds from Stock Options Exercised $0 $0 $1.4m $0 $0 $100k $1.3m $8k $373k $51k
Unrealized Gain (Loss) on Derivatives ($1.4m) $837k $11.5m $1.8m $5.3m $21.9m $10.3m ($5.1m) ($7.9m) $8.6m
Beginning Cash Position — — — — — — $31.4m $133.4m $71.0m $111.3m
Cash Flow From Continuing Financing Activities — — — — — — ($113.3m) ($69.6m) $156.9m ($59.8m)
Cash Flow From Continuing Investing Activities — — — — — — ($210.3m) ($226.6m) ($352.5m) ($272.5m)
Change In Account Payable — — — — — $48.2m ($5.8m) — — —
Change In Inventory — — — — — ($2.4m) ($4.2m) — — —
Change In Other Current Liabilities — — — — — ($5.8m) ($12.6m) — — —
Change In Other Working Capital — — — — — — $73.7m ($36.0m) $26.4m ($9.3m)
Change In Payable — — — — — $48.2m ($5.8m) — — —
Change In Payables And Accrued Expense — — — — — — ($5.8m) ($1.3m) $669k ($2.4m)
Change In Prepaid Assets — — — — — — ($5.9m) ($9.6m) ($12.0m) $148.4m
Change In Receivables — — — — — — $2.4m ($1.6m) $949k $5.2m
Change In Working Capital — — — — — — $64.3m ($48.4m) $16.1m $141.9m
Changes In Account Receivables — — — — — — $2.4m ($1.6m) $949k $5.2m
Changes In Cash — — — — — — $104.1m ($68.2m) $43.7m ($19.1m)
End Cash Position — — — — — — $133.4m $71.0m $111.3m $92.7m
Financing Cash Flow — — — — — — ($113.3m) ($69.6m) $156.9m ($59.8m)
Free Cash Flow — — — — — — $217.4m $1.4m $5.1m $32.9m
Gain Loss On Investment Securities — — — — — — $26.6m $15k $3.4m ($8.6m)
Investing Cash Flow — — — — — — ($210.3m) ($226.6m) ($352.5m) ($272.5m)
Issuance Of Capital Stock — — — — — $0 $2k — — —
Net Business Purchase And Sale — — — — — — $0 $0 ($162.7m) $0
Net Foreign Currency Exchange Gain Loss — — — — — — $10.3m ($5.1m) ($7.9m) $1.0m
Net PPE Purchase And Sale — — — — — — ($210.3m) ($226.6m) ($189.9m) ($272.5m)
Operating Gains Losses — — — — — — $36.9m ($5.1m) ($4.5m) ($7.6m)
Other Non Cash Items — — — — — — ($27.2m) $9.7m $12.1m $9.9m
Proceeds From Stock Option Exercised — — — — — — $1.3m $8k $373k $51k
Purchase Of Business — — — — — — $0 $0 ($162.7m) $0
Purchase Of PPE — — — — — — ($210.3m) ($226.6m) ($234.2m) ($280.3m)
Repurchase Of Capital Stock — — — — — — ($27.3m) ($17.3m) ($15.3m) ($3.5m)
Sale Of PPE — — — — — — $0 $0 $44.4m $7.9m
Stock Based Compensation — — — — — — $9.0m $5.7m $9.7m $3.2m
Derivative, Gain (Loss) on Derivative, Net — — — — — ($48.8m) — $0 $3.4m ($8.6m)
Gain (Loss) on Derivative Instruments, Net, Pretax — — — — — ($48.8m) ($26.6m) $0 ($2.3m) $18.9m
Other Operating Income (Expense), Net $929k $0 — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $93.0m $189.6m $284.5m $177.7m $81.1m $244.8m $427.7m $228.0m $239.3m $313.2m
Cash flows from investing activities:
Capital Expenditure — — — — — — ($210.3m) ($226.6m) ($234.2m) ($280.3m)
Payments to Acquire Businesses, Net of Cash Acquired $502.6m $0 $0 — — — — — $162.7m $0
Net Investment Purchase And Sale — — — — — $43.1m $0 $0 — —
Sale Of Investment — — — — — $43.1m $0 $0 — —
Net Other Investing Changes — — — — — $1.4m $26.3m ($7.7m) — —
Net Cash Provided by (Used in) Investing Activities ($620.6m) ($243.8m) ($382.6m) ($464.9m) ($144.9m) ($105.3m) ($210.3m) ($226.6m) ($352.5m) ($272.5m)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $0 $48.0m $221.5m $116.5m
Long Term Debt Issuance — — — — — — $0 $48.0m $221.5m $116.5m
Net Issuance Payments Of Debt — — — — — — ($87.3m) ($39.0m) $171.8m ($56.4m)
Net Long Term Debt Issuance — — — — — — ($87.3m) ($39.0m) $171.8m ($56.4m)
Repayments of Long-term Debt $252.2m $110.0m $153.0m $349.2m $17.0m $122.5m — — — —
Long Term Debt Payments — — — — — — ($87.3m) ($87.0m) ($49.7m) ($173.0m)
Repayment Of Debt — — — — — — ($87.3m) ($87.0m) ($49.7m) ($173.0m)
Proceeds from Issuance of Common Stock $128.3m $0 $0 — — — $2k — — —
Common Stock Issuance — — — — — $0 $2k — — —
Net Common Stock Issuance — — — — — — ($27.3m) ($17.3m) ($15.3m) ($3.5m)
Payments for Repurchase of Common Stock $0 $17.9m $12.7m $37.6m $0 $0 $27.3m $17.3m $15.3m $3.5m
Common Stock Payments — — — — — — ($27.3m) ($17.3m) ($15.3m) ($3.5m)
Net Cash Provided by (Used in) Financing Activities $407.1m $39.1m $128.4m $245.1m $70.5m ($124.8m) ($113.3m) ($69.6m) $156.9m ($59.8m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $354k ($1.6m) ($2.7m) ($1.0m) ($156k) ($821k) ($2.1m) $5.9m ($3.4m) $387k
Effect Of Exchange Rate Changes — — — — — — ($2.1m) $5.9m ($3.4m) $387k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — ($16.6m) $27.6m ($43.2m) $6.4m $13.9m $102.0m ($62.3m) $40.3m ($18.7m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $354k $26.7m $54.3m $11.1m $17.5m $31.4m $133.4m $71.0m $111.3m $92.7m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $102.0m ($62.3m) $40.3m ($18.7m)
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — — $50.2m $50.1m $43.4m $43.8m $60.6m $74.4m
Income Taxes Paid, Net — — — — $14.6m $36.4m $37.1m $101.7m $62.2m $11.9m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.