Questerre Energy Corp (Canada)
TSX:QEC
Cash Flow Statement
Cash Flow Statement
Questerre Energy Corp (Canada)
Dec-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
(19)
|
(17)
|
(15)
|
(14)
|
(37)
|
(39)
|
(38)
|
(57)
|
(74)
|
(73)
|
(77)
|
(60)
|
0
|
(0)
|
(1)
|
(3)
|
(25)
|
(24)
|
(20)
|
(19)
|
13
|
12
|
10
|
13
|
66
|
(47)
|
(48)
|
(50)
|
(118)
|
(3)
|
3
|
6
|
(4)
|
(3)
|
3
|
4
|
14
|
13
|
5
|
2
|
(24)
|
|
Depreciation & Amortization |
9
|
9
|
8
|
8
|
8
|
8
|
9
|
10
|
10
|
10
|
10
|
10
|
9
|
8
|
8
|
9
|
10
|
11
|
12
|
12
|
12
|
12
|
12
|
13
|
13
|
13
|
12
|
11
|
9
|
8
|
7
|
6
|
6
|
6
|
7
|
8
|
10
|
11
|
12
|
13
|
13
|
|
Change in Deffered Taxes |
(5)
|
(4)
|
(3)
|
(4)
|
(4)
|
(5)
|
(7)
|
(9)
|
2
|
3
|
4
|
6
|
0
|
1
|
1
|
1
|
6
|
5
|
5
|
5
|
6
|
6
|
7
|
7
|
7
|
7
|
6
|
6
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
Other Non-Cash Items |
28
|
27
|
25
|
24
|
47
|
46
|
46
|
68
|
71
|
71
|
72
|
51
|
(2)
|
(2)
|
(2)
|
(0)
|
16
|
18
|
18
|
18
|
(16)
|
(17)
|
(19)
|
(21)
|
(71)
|
42
|
42
|
42
|
114
|
2
|
1
|
0
|
13
|
13
|
13
|
13
|
2
|
3
|
2
|
2
|
27
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Change in Working Capital |
1
|
(1)
|
(1)
|
0
|
(1)
|
2
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
1
|
6
|
8
|
3
|
4
|
0
|
(2)
|
(0)
|
(1)
|
(4)
|
(3)
|
2
|
0
|
(0)
|
0
|
(2)
|
(2)
|
0
|
(0)
|
0
|
(1)
|
2
|
2
|
2
|
3
|
(1)
|
0
|
|
Cash from Operating Activities |
14
N/A
|
14
-1%
|
14
-3%
|
15
+5%
|
14
-2%
|
13
-10%
|
11
-14%
|
11
+2%
|
9
-21%
|
8
-6%
|
8
-10%
|
6
-23%
|
7
+16%
|
6
-7%
|
6
-1%
|
13
+103%
|
15
+16%
|
13
-11%
|
19
+48%
|
16
-17%
|
13
-18%
|
13
-2%
|
9
-29%
|
8
-8%
|
11
+34%
|
16
+45%
|
13
-24%
|
9
-31%
|
6
-25%
|
5
-23%
|
9
+77%
|
13
+47%
|
14
+10%
|
16
+13%
|
23
+45%
|
27
+18%
|
29
+6%
|
29
-1%
|
23
-21%
|
16
-27%
|
16
-1%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(52)
|
(39)
|
(46)
|
(60)
|
(64)
|
(59)
|
(53)
|
(36)
|
(21)
|
(16)
|
(12)
|
(10)
|
(14)
|
(15)
|
(22)
|
(22)
|
(32)
|
(36)
|
(36)
|
(37)
|
(31)
|
(25)
|
(25)
|
(26)
|
(25)
|
(25)
|
(18)
|
(12)
|
(6)
|
(3)
|
(3)
|
(3)
|
(5)
|
(9)
|
(11)
|
(13)
|
(12)
|
(10)
|
(10)
|
(9)
|
(10)
|
|
Other Items |
3
|
9
|
10
|
16
|
13
|
7
|
3
|
(10)
|
(14)
|
(14)
|
(9)
|
(8)
|
(5)
|
2
|
4
|
(3)
|
(1)
|
(0)
|
(5)
|
1
|
1
|
(6)
|
1
|
2
|
1
|
0
|
(7)
|
(6)
|
(5)
|
(4)
|
(1)
|
(1)
|
1
|
5
|
4
|
1
|
(0)
|
(1)
|
1
|
0
|
(1)
|
|
Cash from Investing Activities |
(49)
N/A
|
(29)
+40%
|
(36)
-24%
|
(44)
-22%
|
(51)
-15%
|
(53)
-3%
|
(50)
+5%
|
(46)
+8%
|
(34)
+26%
|
(30)
+11%
|
(21)
+30%
|
(18)
+15%
|
(20)
-10%
|
(14)
+30%
|
(17)
-25%
|
(26)
-48%
|
(33)
-30%
|
(36)
-7%
|
(41)
-15%
|
(36)
+11%
|
(30)
+16%
|
(31)
-3%
|
(24)
+23%
|
(24)
+1%
|
(24)
-2%
|
(25)
-2%
|
(25)
-1%
|
(18)
+30%
|
(10)
+42%
|
(7)
+30%
|
(4)
+40%
|
(5)
-10%
|
(4)
+20%
|
(4)
+1%
|
(7)
-95%
|
(11)
-56%
|
(12)
-7%
|
(11)
+7%
|
(9)
+21%
|
(9)
+2%
|
(11)
-26%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
41
|
40
|
40
|
40
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
13
|
39
|
39
|
35
|
58
|
33
|
33
|
32
|
1
|
0
|
14
|
14
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
0
|
0
|
0
|
0
|
0
|
0
|
7
|
11
|
15
|
20
|
14
|
8
|
8
|
(3)
|
(5)
|
(7)
|
(9)
|
(6)
|
(1)
|
3
|
(0)
|
4
|
(0)
|
1
|
2
|
1
|
5
|
(1)
|
(1)
|
(3)
|
(7)
|
(9)
|
(12)
|
(14)
|
(12)
|
(7)
|
(3)
|
(1)
|
(0)
|
(0)
|
(0)
|
|
Other |
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
1
|
2
|
(3)
|
(2)
|
(5)
|
(5)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash from Financing Activities |
39
N/A
|
37
-5%
|
37
0%
|
37
N/A
|
0
-100%
|
0
-80%
|
7
+35 900%
|
11
+58%
|
15
+28%
|
20
+39%
|
14
-31%
|
12
-13%
|
21
+71%
|
34
+64%
|
36
+4%
|
30
-16%
|
46
+53%
|
26
-44%
|
27
+4%
|
30
+15%
|
1
-98%
|
4
+549%
|
13
+200%
|
15
+12%
|
16
+9%
|
15
-9%
|
5
-70%
|
(1)
N/A
|
(1)
-16%
|
(3)
-168%
|
(7)
-158%
|
(9)
-20%
|
(12)
-38%
|
(14)
-15%
|
(12)
+12%
|
(7)
+38%
|
(3)
+54%
|
(1)
+77%
|
(0)
+93%
|
(0)
-6%
|
(0)
N/A
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Net Change in Cash |
5
N/A
|
22
+357%
|
15
-34%
|
8
-49%
|
(36)
N/A
|
(40)
-9%
|
(32)
+20%
|
(23)
+26%
|
(11)
+54%
|
(2)
+84%
|
0
N/A
|
0
-78%
|
8
+8 711%
|
27
+238%
|
25
-8%
|
17
-31%
|
28
+61%
|
3
-89%
|
5
+64%
|
10
+103%
|
(17)
N/A
|
(14)
+16%
|
(2)
+89%
|
(0)
+81%
|
3
N/A
|
6
+94%
|
(8)
N/A
|
(10)
-23%
|
(5)
+52%
|
(5)
-4%
|
(3)
+45%
|
(0)
+83%
|
(2)
-236%
|
(1)
+7%
|
4
N/A
|
9
+126%
|
13
+56%
|
17
+24%
|
14
-18%
|
8
-43%
|
5
-31%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
(38)
N/A
|
(24)
+36%
|
(32)
-32%
|
(45)
-41%
|
(49)
-9%
|
(47)
+6%
|
(42)
+9%
|
(25)
+41%
|
(12)
+53%
|
(8)
+30%
|
(5)
+44%
|
(4)
+8%
|
(8)
-80%
|
(9)
-21%
|
(15)
-69%
|
(10)
+36%
|
(18)
-78%
|
(22)
-28%
|
(17)
+26%
|
(21)
-26%
|
(18)
+15%
|
(12)
+31%
|
(16)
-31%
|
(18)
-8%
|
(14)
+22%
|
(9)
+37%
|
(6)
+36%
|
(3)
+44%
|
1
N/A
|
2
+114%
|
6
+228%
|
9
+71%
|
9
-1%
|
7
-28%
|
12
+71%
|
15
+27%
|
17
+17%
|
19
+8%
|
13
-30%
|
8
-40%
|
6
-21%
|