VERMILION 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:
Net Income $1.3b ($237.6m) ($46.7m) ($653.6m)
Net Income From Continuing Operations $1.3b ($237.6m) ($46.7m) ($653.6m)
Depletion and depreciation $528.0m $491.7m $609.1m $675.2m $580.5m $571.7m $577.1m $712.6m $683.2m $743.4m
Depreciation Amortization Depletion $577.1m $712.6m $683.2m $743.4m
Deferred tax recovery ($82.9m) $30.1m $39.5m $56.1m ($374.3m) $187.3m $288.7m ($190.2m) ($38.0m) ($37.6m)
Deferred Income Tax $288.7m ($190.2m) ($38.0m) ($37.6m)
Deferred Tax $288.7m ($190.2m) ($38.0m) ($37.6m)
Impairment expense $0 $46.1m $1.7b ($1.3b) ($192.1m) $1.0b $944.5m
Asset Impairment Charge ($192.1m) $1.0b $0 $944.5m
Adjustments For Income Tax Expense $30.2m $2.8m ($1.7m) ($32.0m) ($877k) $32.6m $304.5m $43.0m $185.0m
Changes in non-cash investing working capital ($12.3m) $407k $55.5m ($57.1m) ($8.4m) $36.7m $26.1m ($19.4m) $10.2m ($40.4m)
Changes in non-cash financing working capital $2.8m ($2.3m)
Additional Financial Items
Adjustments For Unrealised Foreign Exchange Losses Gains $792k ($71.7m) $63.2m ($57.2m) ($49.0m) $65.0m $84.5m ($12.4m) $58.5m
Increase Decrease In Working Capital ($8.4m) ($665k) $6.9m $65.1m ($12.4m) $56.9m ($216.9m) $61.1m $182.7m
Payments Of Lease Liabilities Classified As Financing Activities $18.9m $26.4m $25.0m $22.2m $21.2m $17.1m $101.5m
Payments To Acquire Or Redeem Entitys Shares $71.7m $94.8m $140.7m
Operating Cash Flow $509.5m $593.9m $816.0m $823.5m $500.2m $834.5m $1.8b $1.0b $967.8m $943.7m
Cash Flow From Continuing Operating Activities $509.5m $593.9m $816.0m $823.5m $500.2m $834.5m $1.8b $1.0b $967.8m $943.7m
Net loss ($160.1m) $62.3m $271.6m $32.8m ($1.5b) $1.1b $1.3b ($237.6m) ($46.7m) ($653.6m)
Accretion $24.8m $27.0m $31.2m $32.7m $35.3m $43.6m $58.2m $78.2m $74.5m $75.9m
Unrealized (gain) loss on derivative instruments $138.0m $1.1m ($109.3m) $57.4m $101.0m $181.1m ($540.8m) ($179.7m) $452.9m ($116.3m)
Equity based compensation $69.2m $61.6m $60.7m $64.2m $42.9m $41.6m $44.4m $42.8m $15.6m $18.8m
Unrealized foreign exchange loss $792k ($71.7m) $63.2m ($57.2m) ($49.0m) $65.0m $84.5m ($12.4m) $58.5m $41.4m
Unrealized other (income) expense $131k $637k $801k $825k $833k $778k $1.8m $0 $5.8m ($6.3m)
Asset retirement obligations settled ($9.6m) ($9.3m) ($15.8m) ($19.4m) ($14.3m) ($28.5m) ($37.5m) ($57.0m) ($55.3m) ($62.5m)
Drilling and development ($241.5m) ($290.6m) ($503.8m) ($486.7m) ($352.5m) ($339.4m) ($528.1m) ($569.1m) ($587.0m) ($617.2m)
Exploration and evaluation ($863k) ($29.9m) ($14.4m) ($36.5m) ($14.7m) ($35.4m) ($23.8m) ($21.1m) ($36.0m) ($17.7m)
Acquisitions, net of cash acquired ($98.5m) ($27.6m) ($276.3m) ($38.5m) ($25.8m) ($131.6m) ($510.3m) ($142.3m) ($12.7m) ($1.1b)
Acquisition of securities $0 ($23.3m) ($21.6m) ($9.4m)
Dispositions $0 $197.0m $483.5m
Cash flows used in investing activities ($353.2m) ($347.7m) ($739.0m) ($618.7m) ($401.4m) ($469.7m) ($1.1b) ($576.4m) ($634.9m) ($1.2b)
Net borrowings (repayments) on the revolving credit facility ($1.1b) ($146.3m)
Repayment of senior unsecured notes and term loan ($146.3m) ($31.6m) ($903.5m)
Payments on lease obligations ($4.9m) ($18.9m) ($26.4m) ($25.0m) ($22.2m) ($21.2m) ($17.1m) ($101.5m) ($13.4m)
Repurchase of shares $0 ($71.7m) ($94.8m) ($140.7m) ($35.7m)
Cash flows from (used in) financing activities ($131.4m) ($263.7m) ($97.9m) ($203.0m) ($120.6m) ($363.4m) ($748.4m) ($320.3m) ($344.1m) $180.9m
Foreign exchange gain on cash held in foreign currencies ($3.8m) $1.3m $1.2m $470k ($240k) ($2.2m) $1.2m ($137k) $1.5m $1.5m
Beginning Cash Position $6.0m $13.8m $141.5m $131.7m
Cash Flow From Continuing Financing Activities ($748.4m) ($320.3m) ($344.1m) $180.9m
Cash Flow From Continuing Investing Activities ($1.1b) ($576.4m) ($634.9m) ($1.2b)
Change In Working Capital $216.9m ($61.1m) ($182.7m) ($4.1m)
Changes In Cash $6.6m $127.8m ($11.2m) ($114.2m)
End Cash Position $13.8m $141.5m $131.7m $19.1m
Financing Cash Flow ($748.4m) ($320.3m) ($344.1m) $180.9m
Free Cash Flow $1.3b $292.1m $344.8m $308.7m
Gain Loss On Investment Securities ($540.8m) ($179.7m) $452.9m ($116.3m)
Gain Loss On Sale Of Business $0 $352.4m $0
Investing Cash Flow ($1.1b) ($576.4m) ($634.9m) ($1.2b)
Net Business Purchase And Sale ($510.3m) $54.7m ($12.7m) ($605.2m)
Net Foreign Currency Exchange Gain Loss $84.5m ($12.4m) $58.5m $41.4m
Net PPE Purchase And Sale ($551.8m) ($535.5m) ($623.0m) ($634.9m)
Operating Gains Losses ($456.3m) $160.2m $511.3m ($74.9m)
Other Non Cash Items $22.5m ($418.3m) $25.0m $7.1m
Purchase Of Business ($510.3m) ($142.3m) ($12.7m) ($1.1b)
Purchase Of PPE ($551.8m) ($732.5m) ($623.0m) ($634.9m)
Repurchase Of Capital Stock ($71.7m) ($94.8m) ($140.7m) ($35.7m)
Sale Of Business $0 $197.0m $0 $483.5m
Sale Of PPE $197.0m $0
Stock Based Compensation $44.4m $42.8m $15.6m $18.8m
Profit or Loss ($160.1m) $62.3m $271.6m $32.8m ($1.5b) $1.1b $1.3b ($237.6m) ($46.7m)
Capital Expenditure ($551.8m) ($732.5m) ($623.0m) ($634.9m)
Net Investment Purchase And Sale ($23.3m) ($21.6m) ($9.4m) $41.8m
Purchase Of Investment ($23.3m) ($21.6m) ($9.4m) $0
Sale Of Investment $0 $41.8m
Net Other Investing Changes $26.1m ($19.4m) $10.2m ($40.4m)
Cash flows from financing activities:
Issuance Of Debt $499.0m $0 $0 $1.0b
Long Term Debt Issuance $499.0m $0 $0 $1.0b
Net Issuance Payments Of Debt ($644.0m) ($163.4m) ($133.1m) $317.3m
Net Long Term Debt Issuance ($644.0m) ($163.4m) ($133.1m) $91.4m
Net Short Term Debt Issuance ($341.3m) $0 $225.9m
Long Term Debt Payments ($1.1b) ($163.4m) ($133.1m) ($916.9m)
Repayment Of Debt ($1.1b) ($163.4m) ($133.1m) ($916.9m)
Net Common Stock Issuance ($71.7m) ($94.8m) ($140.7m) ($35.7m)
Common Stock Payments ($71.7m) ($94.8m) ($140.7m) ($35.7m)
Dividends paid $299.1m $311.4m $388.1m $427.3m
Dividends Paid Classified As Financing Activities $104.7m $200.1m $330.2m $391.5m $117.7m $0 $32.7m $62.1m $73.0m
Dividends Paid Ordinary Shares Per Share $2.58 $2.58 $2.72 $2.76 $0.58 $0.00
Cash dividends ($104.7m) ($200.1m) ($330.2m) ($391.5m) ($117.7m) $0 ($32.7m) ($62.1m) ($73.0m) ($98.4m)
Cash Dividends Paid ($32.7m) ($62.1m) ($73.0m) ($98.4m)
Net Other Financing Charges $2.8m ($2.3m)
Effect Of Exchange Rate Changes $1.2m ($137k) $1.5m $1.5m
Net change in cash and cash equivalents $21.1m ($16.2m) ($19.8m) $2.2m ($22.1m) ($876k) $7.8m $127.6m ($9.7m) ($112.6m)
Cash and cash equivalents, beginning of period $62.8m $46.6m $26.8m $29.0m $6.9m $6.0m $13.8m $141.5m $131.7m $19.1m
Change In Cash Supplemental As Reported $7.8m $127.6m ($9.7m) ($112.6m)
Interest Paid Classified As Operating Activities $60.2m $49.7m $70.0m $73.8m $74.1m $71.4m $75.0m $84.5m $85.6m $131.2m
Income Taxes Paid Refund Classified As Operating Activities ($10.5m) $29.3m $45.2m $84.2m $15.2m $13.2m $144.8m $306.9m $263.0m $125.6m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.