North American Construction Group Ltd
TSX:NOA
Cash Flow Statement
Cash Flow Statement
North American Construction Group Ltd
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
(18)
|
(16)
|
(3)
|
(1)
|
(1)
|
(1)
|
(8)
|
(7)
|
(1)
|
(1)
|
(1)
|
(0)
|
3
|
1
|
2
|
5
|
7
|
13
|
15
|
15
|
11
|
25
|
32
|
37
|
49
|
48
|
47
|
49
|
50
|
39
|
46
|
51
|
46
|
50
|
57
|
67
|
76
|
80
|
72
|
63
|
53
|
|
Depreciation & Amortization |
50
|
52
|
55
|
47
|
48
|
45
|
44
|
42
|
45
|
42
|
41
|
42
|
43
|
45
|
47
|
46
|
49
|
52
|
52
|
59
|
70
|
81
|
92
|
102
|
105
|
95
|
92
|
89
|
88
|
102
|
105
|
108
|
108
|
108
|
112
|
119
|
125
|
123
|
125
|
131
|
139
|
|
Change in Deffered Taxes |
(4)
|
(3)
|
1
|
0
|
(2)
|
1
|
(0)
|
(0)
|
5
|
1
|
0
|
(0)
|
1
|
1
|
1
|
1
|
2
|
4
|
5
|
6
|
4
|
4
|
2
|
3
|
6
|
7
|
13
|
11
|
10
|
9
|
7
|
8
|
7
|
9
|
11
|
15
|
19
|
19
|
15
|
16
|
9
|
|
Other Non-Cash Items |
64
|
53
|
44
|
3
|
(1)
|
(2)
|
1
|
3
|
4
|
6
|
4
|
4
|
5
|
4
|
4
|
5
|
6
|
8
|
12
|
15
|
17
|
8
|
5
|
3
|
(7)
|
(2)
|
(7)
|
(8)
|
(8)
|
(7)
|
(10)
|
(14)
|
(14)
|
(23)
|
(30)
|
(32)
|
(32)
|
(37)
|
(25)
|
(10)
|
9
|
|
Cash Taxes Paid |
(4)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
5
|
|
Cash Interest Paid |
26
|
18
|
13
|
11
|
11
|
0
|
13
|
9
|
10
|
12
|
7
|
6
|
6
|
5
|
5
|
6
|
7
|
7
|
8
|
9
|
12
|
15
|
19
|
20 039
|
20 040
|
20 040
|
20 038
|
19
|
17
|
16
|
15
|
17
|
16
|
19
|
22
|
24
|
27
|
30
|
29
|
33
|
39
|
|
Change in Working Capital |
28
|
35
|
19
|
(7)
|
1
|
17
|
40
|
40
|
24
|
8
|
4
|
(6)
|
(6)
|
6
|
(5)
|
(7)
|
(0)
|
(7)
|
(7)
|
14
|
15
|
7
|
(19)
|
13
|
6
|
12
|
23
|
5
|
0
|
(12)
|
14
|
12
|
2
|
14
|
7
|
(1)
|
(11)
|
(4)
|
1
|
70
|
41
|
|
Cash from Operating Activities |
120
N/A
|
121
+0%
|
117
-3%
|
41
-65%
|
45
+8%
|
60
+35%
|
76
+27%
|
77
+1%
|
77
-1%
|
55
-28%
|
48
-13%
|
40
-18%
|
45
+13%
|
57
+26%
|
48
-15%
|
50
+3%
|
64
+28%
|
70
+10%
|
78
+11%
|
109
+41%
|
118
+8%
|
125
+6%
|
112
-10%
|
158
+41%
|
159
+1%
|
160
+0%
|
167
+4%
|
147
-12%
|
140
-5%
|
131
-6%
|
161
+23%
|
165
+2%
|
147
-11%
|
158
+7%
|
157
0%
|
169
+8%
|
177
+5%
|
182
+3%
|
188
+3%
|
270
+44%
|
250
-7%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(37)
|
(44)
|
(44)
|
(36)
|
(44)
|
(32)
|
(27)
|
(33)
|
(27)
|
(25)
|
(27)
|
(27)
|
(43)
|
(48)
|
(45)
|
(54)
|
(53)
|
(69)
|
(82)
|
(81)
|
(104)
|
(124)
|
(139)
|
(157)
|
(158)
|
(141)
|
(129)
|
(117)
|
(105)
|
(109)
|
(114)
|
(114)
|
(111)
|
(110)
|
(113)
|
(115)
|
(125)
|
(135)
|
(143)
|
(203)
|
(235)
|
|
Other Items |
190
|
192
|
(27)
|
17
|
46
|
45
|
45
|
38
|
9
|
13
|
14
|
17
|
26
|
21
|
20
|
20
|
13
|
14
|
17
|
(147)
|
(147)
|
(144)
|
(147)
|
(3)
|
(6)
|
(8)
|
(7)
|
5
|
13
|
19
|
15
|
15
|
7
|
2
|
9
|
18
|
13
|
9
|
18
|
(41)
|
(26)
|
|
Cash from Investing Activities |
153
N/A
|
148
-3%
|
(71)
N/A
|
(19)
+72%
|
3
N/A
|
13
+372%
|
18
+35%
|
5
-73%
|
(18)
N/A
|
(12)
+35%
|
(13)
-14%
|
(11)
+22%
|
(17)
-59%
|
(27)
-63%
|
(26)
+6%
|
(34)
-31%
|
(41)
-21%
|
(55)
-35%
|
(65)
-19%
|
(229)
-252%
|
(250)
-10%
|
(268)
-7%
|
(286)
-7%
|
(161)
+44%
|
(164)
-2%
|
(149)
+9%
|
(136)
+9%
|
(113)
+17%
|
(93)
+18%
|
(90)
+3%
|
(100)
-11%
|
(99)
+0%
|
(105)
-5%
|
(108)
-3%
|
(104)
+3%
|
(97)
+7%
|
(112)
-14%
|
(126)
-13%
|
(125)
+1%
|
(245)
-96%
|
(261)
-6%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
(10)
|
(10)
|
(11)
|
(3)
|
(7)
|
(10)
|
(10)
|
(8)
|
(8)
|
(9)
|
(10)
|
(13)
|
(13)
|
(17)
|
(23)
|
(19)
|
(18)
|
(15)
|
(14)
|
(14)
|
(10)
|
(6)
|
(8)
|
(8)
|
(21)
|
(25)
|
(19)
|
(18)
|
(23)
|
(19)
|
(21)
|
(22)
|
(6)
|
(24)
|
(36)
|
(36)
|
(35)
|
(18)
|
(6)
|
(6)
|
(6)
|
|
Net Issuance of Debt |
(237)
|
(249)
|
(38)
|
(30)
|
(37)
|
(29)
|
(47)
|
(38)
|
(35)
|
(40)
|
(33)
|
(33)
|
(4)
|
(6)
|
(7)
|
3
|
(34)
|
(29)
|
(8)
|
147
|
157
|
169
|
199
|
3
|
47
|
42
|
21
|
28
|
(26)
|
(38)
|
(56)
|
(63)
|
(39)
|
(25)
|
(2)
|
25
|
(26)
|
(18)
|
(29)
|
24
|
108
|
|
Cash Paid for Dividends |
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
|
Other |
(3)
|
(3)
|
(3)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(2)
|
(2)
|
(3)
|
(3)
|
(1)
|
(1)
|
0
|
(1)
|
(3)
|
(4)
|
(4)
|
(3)
|
(0)
|
(0)
|
0
|
(1)
|
0
|
(4)
|
(5)
|
(4)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(16)
|
0
|
|
Cash from Financing Activities |
(250)
N/A
|
(262)
-5%
|
(53)
+80%
|
(35)
+35%
|
(47)
-35%
|
(42)
+9%
|
(61)
-45%
|
(50)
+17%
|
(46)
+9%
|
(52)
-12%
|
(45)
+13%
|
(48)
-7%
|
(22)
+54%
|
(28)
-24%
|
(35)
-27%
|
(22)
+38%
|
(55)
-155%
|
(47)
+15%
|
(23)
+50%
|
131
N/A
|
141
+8%
|
158
+12%
|
186
+18%
|
(11)
N/A
|
23
N/A
|
13
-44%
|
(3)
N/A
|
5
N/A
|
(54)
N/A
|
(66)
-22%
|
(87)
-32%
|
(93)
-7%
|
(54)
+42%
|
(54)
0%
|
(45)
+17%
|
(19)
+57%
|
(70)
-260%
|
(46)
+35%
|
(44)
+3%
|
(8)
+82%
|
75
N/A
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
2
|
(1)
|
|
Net Change in Cash |
24
N/A
|
7
-72%
|
(7)
N/A
|
(13)
-85%
|
1
N/A
|
31
+3 718%
|
33
+6%
|
31
-4%
|
12
-61%
|
(8)
N/A
|
(10)
-27%
|
(19)
-85%
|
6
N/A
|
2
-69%
|
(12)
N/A
|
(5)
+56%
|
(32)
-482%
|
(32)
+1%
|
(10)
+67%
|
11
N/A
|
8
-27%
|
15
+76%
|
12
-18%
|
(14)
N/A
|
18
N/A
|
24
+31%
|
28
+18%
|
38
+36%
|
(7)
N/A
|
(25)
-257%
|
(25)
+0%
|
(27)
-7%
|
(11)
+58%
|
(4)
+62%
|
8
N/A
|
53
+543%
|
(4)
N/A
|
10
N/A
|
17
+72%
|
19
+13%
|
64
+231%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
83
N/A
|
77
-7%
|
73
-6%
|
5
-93%
|
1
-78%
|
28
+2 413%
|
49
+76%
|
44
-10%
|
50
+13%
|
31
-38%
|
21
-31%
|
12
-41%
|
2
-83%
|
8
+295%
|
3
-65%
|
(4)
N/A
|
10
N/A
|
1
-90%
|
(4)
N/A
|
28
N/A
|
14
-49%
|
1
-91%
|
(27)
N/A
|
0
N/A
|
2
+241%
|
20
+1 059%
|
38
+95%
|
29
-23%
|
34
+17%
|
22
-36%
|
47
+115%
|
51
+10%
|
36
-30%
|
48
+32%
|
44
-8%
|
54
+23%
|
52
-4%
|
46
-11%
|
45
-3%
|
67
+49%
|
16
-76%
|