Cash Flow Statement

Operating Cash Flow

+9%

-18%

10Y

Currency: CAD

	Dec-2001	Mar-2002	Jun-2002	Sep-2002	Dec-2002	Mar-2003	Jun-2003	Sep-2003	Dec-2003	Mar-2004	Jun-2004	Sep-2004	Dec-2004	Mar-2005	Jun-2005	Sep-2005	Dec-2005	Mar-2006	Jun-2006	Sep-2006	Dec-2006	Mar-2007	Jun-2007	Sep-2007	Dec-2007	Mar-2008	Jun-2008	Sep-2008	Dec-2008	Mar-2009	Jun-2009	Sep-2009	Dec-2009	Mar-2010	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	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	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025
Operating Cash Flow
Net Income	242	232	301	332	200	188	80	122	234	232	234	152	170	172	173	188	186	206	267	251	45	32	2	33	309	286	276	271	235	244	191	196	181	206	282	262	280	434	386	401	343	231	(577)	(569)	(547)	(648)	172	100	(4)	61	(2)	14	232	192	66	288	116	154	329	108	276	237	221	169	(118)	(47)	(118)	(147)	(90)	(223)	(130)	14	176	250	189	(7)	(253)	(296)	(233)	(533)	(425)	(220)	(307)	208	161	289	445	768	796	700	669	228	239	43	(129)	(161)
Depreciation & Amortization	276	285	255	187	277	283	307	341	369	387	395	391	390	387	393	388	401	415	419	439	438	428	421	411	415	422	426	429	451	465	483	494	493	488	490	506	511	522	528	522	532	545	565	568	564	563	558	570	585	596	596	603	595	592	599	604	605	594	603	611	664	688	700	715	708	709	718	722	710	723	714	711	709	719	734	752	798	818	803	805	719	632	574	556	599	658	716	677	621	569	527	520	531	553	572	574
Change in Deffered Taxes	50	64	77	26	(54)	(49)	(70)	(14)	27	15	14	5	18	29	28	28	6	0	(30)	(58)	(164)	(172)	(129)	(111)	(34)	(43)	(43)	(46)	1	36	8	13	21	14	50	49	54	131	103	105	80	(6)	88	83	89	61	(26)	12	(47)	(12)	(16)	(43)	(26)	(46)	43	15	86	73	(34)	(25)	15	15	20	18	(15)	36	45	35	(34)	(52)	(93)	(77)	(18)	(35)	(7)	(32)	(85)	(81)	(20)	(37)	(11)	16	8	74	127	92	92	69	34	47	18	(11)	(63)	(71)	(101)	(66)
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2 200	0	0	0	1 200	1	2	3	1 700	3	2	1	1 500	201	201	202	2	2	2	2	4	0	0	0	2	0	0	0	3	0	0	0	3	0	0	0	0	0	0	0	10	0	0	0	8	0	0	0	4	0	0	0	13	0	0	0	13	0	0	0	15	0	0	0	11	0	0	0	8	0	0	0	18	0	0	0
Other Non-Cash Items	107	129	52	45	89	74	196	52	(97)	(101)	(147)	27	(4)	(8)	6	(11)	47	71	70	66	362	374	386	377	92	152	157	176	141	41	27	9	34	24	18	20	(40)	(250)	(156)	(174)	(146)	2	416	475	470	590	101	66	157	104	105	73	(78)	(50)	20	(200)	(133)	(168)	(245)	(12)	(284)	(264)	(252)	(181)	165	158	212	255	278	276	208	99	(139)	(204)	(183)	(53)	153	193	141	525	544	381	457	142	306	407	481	66	(111)	(159)	(254)	78	51	120	319	280
Cash Taxes Paid	42	0	0	0	123	0	0	0	34	44	50	58	5	7	8	13	15	26	20	6	36	35	49	75	75	99	98	65	47	24	19	30	43	26	26	(13)	(51)	(63)	(70)	(35)	(1)	20	30	28	30	27	28	39	46	50	48	34	31	29	0	46	17	25	32	16	27	21	18	15	14	24	83	84	87	83	27	32	35	39	40	40	36	36	43	47	57	63	74	70	67	86	93	85	94	69	61	79	104	159	161	128
Cash Interest Paid	163	0	0	0	211	0	0	0	215	266	332	375	218	210	199	194	184	176	175	161	181	172	169	157	142	135	132	128	106	102	105	109	149	148	134	159	142	161	181	181	197	210	221	232	234	227	240	230	240	240	241	239	230	232	0	267	242	263	357	224	235	236	238	240	230	245	216	224	188	183	169	182	185	192	199	191	201	213	214	228	220	216	215	218	229	244	261	270	277	273	271	264	269	275	274	287
Change in Working Capital	42	(254)	(224)	(209)	(111)	(64)	51	214	(61)	(38)	(182)	(252)	16	(24)	(21)	(12)	(19)	(21)	(96)	(71)	(189)	(39)	43	23	66	(63)	(59)	(26)	210	98	61	50	(149)	(64)	(103)	(70)	47	12	(15)	(20)	(119)	(67)	168	(95)	(56)	27	(198)	98	74	39	64	63	73	(18)	(148)	(143)	(242)	(99)	59	58	73	74	5	(54)	(114)	(86)	(46)	(96)	(44)	(247)	(68)	53	121	251	111	113	89	111	13	297	174	386	254	(400)	(316)	(558)	(706)	(75)	124	89	383	76	38	(86)	(53)	3
Cash from Operating Activities	717 N/A	456 -36%	461 +1%	381 -17%	401 +5%	432 +8%	564 +31%	715 +27%	472 -34%	495 +5%	314 -37%	323 +3%	590 +83%	556 -6%	579 +4%	581 +0%	621 +7%	671 +8%	630 -6%	627 0%	492 -22%	623 +27%	723 +16%	733 +1%	848 +16%	754 -11%	757 +0%	804 +6%	1 038 +29%	884 -15%	770 -13%	762 -1%	580 -24%	668 +15%	737 +10%	767 +4%	852 +11%	849 0%	846 0%	834 -1%	690 -17%	705 +2%	660 -6%	462 -30%	520 +13%	593 +14%	607 +2%	846 +39%	765 -10%	788 +3%	747 -5%	710 -5%	796 +12%	670 -16%	580 -13%	564 -3%	432 -23%	554 +28%	712 +29%	740 +4%	744 +1%	750 +1%	694 -7%	667 -4%	626 -6%	770 +23%	811 +5%	769 -5%	820 +7%	477 -42%	631 +32%	800 +27%	849 +6%	981 +16%	844 -14%	773 -8%	702 -9%	745 +6%	704 -6%	1 057 +50%	1 001 -5%	1 195 +19%	986 -17%	580 -41%	877 +51%	888 +1%	1 028 +16%	1 505 +46%	1 464 -3%	1 246 -15%	1 343 +8%	891 -34%	796 -11%	559 -30%	608 +9%	630 +4%
Investing Cash Flow
Capital Expenditures	(1 247)	(1 355)	(1 346)	(1 170)	(946)	(970)	(783)	(700)	(434)	(232)	(196)	(197)	(346)	(293)	(323)	(300)	(326)	(317)	(279)	(268)	(224)	(249)	(320)	(443)	(599)	(695)	(794)	(911)	(1 006)	(987)	(1 029)	(992)	(904)	(898)	(924)	(855)	(837)	(804)	(607)	(539)	(483)	(534)	(611)	(973)	(1 054)	(1 043)	(1 019)	(693)	(610)	(555)	(521)	(503)	(534)	(587)	(588)	(573)	(502)	(461)	(412)	(377)	(379)	(354)	(376)	(420)	(389)	(353)	(315)	(270)	(297)	(306)	(354)	(355)	(431)	(468)	(433)	(465)	(500)	(525)	(568)	(564)	(489)	(483)	(493)	(649)	(949)	(1 143)	(1 207)	(1 091)	(888)	(670)	(536)	(445)	(321)	(286)	(305)	(282)
Other Items	170	106	905	1 030	914	596	(115)	(85)	121	585	427	340	289	136	161	188	84	113	175	60	(37)	(57)	(79)	(47)	189	227	204	196	425	582	490	475	(694)	(814)	(800)	(733)	60	(55)	29	(86)	(125)	(106)	(118)	(57)	6	10	1	7	(93)	(103)	149	123	242	257	16	(7)	(71)	(36)	(45)	(13)	52	99	123	121	476	382	312	277	(97)	(88)	(111)	(66)	(81)	(86)	(53)	(94)	(187)	(178)	(36)	43	17	50	(24)	38	208	292	265	100	74	(20)	(16)	24	(199)	(320)	(311)	(342)
Cash from Investing Activities	(1 077) N/A	(1 249) -16%	(441) +65%	(140) +68%	(32) +77%	(374) -1 069%	(898) -140%	(785) +13%	(313) +60%	353 N/A	231 -35%	143 -38%	(57) N/A	(157) -175%	(162) -3%	(112) +31%	(242) -116%	(204) +16%	(104) +49%	(208) -100%	(261) -25%	(306) -17%	(399) -30%	(490) -23%	(410) +16%	(468) -14%	(590) -26%	(715) -21%	(581) +19%	(405) +30%	(539) -33%	(517) +4%	(1 598) -209%	(1 712) -7%	(1 724) -1%	(1 588) +8%	(777) +51%	(859) -11%	(578) +33%	(625) -8%	(608) +3%	(640) -5%	(729) -14%	(1 030) -41%	(1 048) -2%	(1 033) +1%	(1 018) +1%	(686) +33%	(703) -2%	(658) +6%	(372) +43%	(380) -2%	(292) +23%	(330) -13%	(572) -73%	(580) -1%	(573) +1%	(497) +13%	(457) +8%	(390) +15%	(327) +16%	(255) +22%	(253) +1%	(299) -18%	87 N/A	29 -67%	(3) N/A	7 N/A	(394) N/A	(394) N/A	(465) -18%	(421) +9%	(512) -22%	(554) -8%	(486) +12%	(559) -15%	(687) -23%	(703) -2%	(604) +14%	(521) +14%	(472) +9%	(433) +8%	(517) -19%	(611) -18%	(741) -21%	(851) -15%	(942) -11%	(991) -5%	(814) +18%	(690) +15%	(552) +20%	(421) +24%	(520) -24%	(606) -17%	(616) -2%	(624) -1%
Financing Cash Flow
Net Issuance of Common Stock	17	125	110	107	(48)	197	248	265	265	33	(2)	0	1	(299)	(289)	(286)	(280)	23	18	16	13	(160)	(158)	(184)	(231)	(56)	(177)	(158)	(115)	(119)	(3)	1	398	399	402	399	292	292	289	292	269	268	269	778	510	0	509	0	0	0	0	161	161	0	0	0	0	0	0	0	0	0	0	0	0	(1)	(4)	(14)	(23)	(22)	(37)	(36)	(68)	(77)	(69)	(62)	(57)	(52)	(34)	(32)	4	(6)	(17)	(27)	(49)	(67)	(101)	(91)	(82)	(79)	(99)	(122)	(131)	(105)	(69)	(44)
Net Issuance of Debt	559	1 050	293	(113)	(91)	(101)	278	(31)	(226)	(680)	(438)	(262)	(367)	99	7	(62)	37	(344)	(359)	(223)	(49)	66	82	166	67	18	293	381	(49)	(59)	80	62	943	993	910	713	(109)	(43)	(306)	(236)	(79)	(79)	59	0	226	153	138	(161)	(58)	(143)	(487)	(185)	(563)	(451)	(245)	(235)	(66)	(366)	(303)	(316)	(58)	232	(326)	(278)	(545)	(865)	(678)	(665)	(540)	(165)	235	118	280	120	(29)	3	533	522	533	543	(41)	67	59	56	351	346	387	369	(181)	(180)	(223)	(206)	6	112	91	(14)
Cash Paid for Dividends	(173)	(204)	(237)	(148)	(116)	(109)	(98)	(153)	(158)	(165)	(170)	(111)	(135)	(131)	(101)	(129)	(99)	(99)	(129)	(102)	(134)	(155)	(173)	(188)	(205)	(202)	(205)	(214)	(212)	(215)	(218)	(218)	(226)	(231)	(238)	(226)	(216)	(208)	(195)	(201)	(206)	(208)	(186)	(159)	(136)	(112)	(136)	(121)	(154)	(184)	(172)	(200)	(181)	(164)	(165)	(171)	(170)	(174)	(154)	(131)	(111)	(87)	(86)	(87)	(86)	(86)	(76)	(85)	(86)	(75)	(86)	(86)	(85)	(95)	(95)	(86)	(86)	(87)	(87)	(87)	(87)	(89)	(90)	(93)	(97)	(101)	(105)	(108)	(109)	(111)	(115)	(119)	(123)	(124)	(124)	(125)
Other	(34)	(114)	(75)	(33)	(33)	(33)	(26)	(8)	(47)	(43)	(36)	(75)	(47)	(53)	(70)	(54)	(54)	(56)	(59)	(65)	(73)	(80)	(81)	(83)	(76)	(61)	(69)	(74)	(91)	(102)	(92)	(77)	(62)	(77)	(74)	(67)	(59)	(45)	(53)	(52)	(54)	(58)	(51)	(48)	(96)	(95)	(96)	105	165	184	310	84	80	138	218	213	385	452	224	217	6	(166)	(71)	(71)	(72)	(20)	23	(4)	(2)	(41)	(191)	(143)	(141)	(149)	(121)	(129)	(118)	(115)	(123)	(147)	(158)	(160)	(162)	(169)	(160)	(192)	(215)	(265)	(1 060)	(1 011)	(962)	(865)	(43)	(22)	(19)	(14)
Cash from Financing Activities	369 N/A	857 +132%	91 -89%	(187) N/A	(288) -54%	(46) +84%	402 N/A	73 -82%	(166) N/A	(855) -415%	(646) +24%	(448) +31%	(548) -22%	(384) +30%	(453) -18%	(531) -17%	(396) +25%	(476) -20%	(529) -11%	(374) +29%	(243) +35%	(329) -35%	(330) 0%	(289) +12%	(445) -54%	(301) +32%	(158) +47%	(65) +59%	(467) -614%	(495) -6%	(233) +53%	(232) +0%	1 053 N/A	1 084 +3%	1 000 -8%	819 -18%	(92) N/A	(4) +96%	(265) -6 525%	(197) +26%	(70) +64%	(77) -10%	91 N/A	571 +527%	504 -12%	456 -10%	415 -9%	(177) N/A	(47) +73%	(143) -204%	(349) -144%	(140) +60%	(503) -259%	(316) +37%	(31) +90%	(193) -523%	149 N/A	(88) N/A	(233) -165%	(230) +1%	(163) +29%	(21) +87%	(483) -2 200%	(436) +10%	(703) -61%	(972) -38%	(735) +24%	(768) -4%	(651) +15%	(303) +53%	(79) +74%	(147) -86%	(14) +90%	(201) -1 336%	(314) -56%	(274) +13%	272 N/A	268 -1%	289 +8%	277 -4%	(282) N/A	(188) +33%	(210) -12%	(233) -11%	45 N/A	(14) N/A	(34) -143%	(95) -179%	(1 432) -1 407%	(1 381) +4%	(1 399) -1%	(1 312) +6%	(291) +78%	(139) +52%	(121) +13%	(197) -63%
Change in Cash
Effect of Foreign Exchange Rates	1	(12)	0	7	1	6	(17)	(8)	(7)	(5)	12	(1)	(7)	(9)	(11)	(9)	(3)	(3)	4	2	1	2	4	6	(8)	(5)	(11)	(16)	9	7	6	7	(3)	(4)	(6)	2	(1)	(2)	3	(3)	2	3	1	2	2	3	2	1	0	0	1	0	0	0	0	1	3	0	0	0	(3)	0	(1)	(2)	(1)	(2)	0	0	0	0	(2)	(1)	(1)	3	5	4	5	0	(4)	(3)	(3)	(1)	(3)	0	6	3	2	(4)	(4)	(3)	7	12	4	5	0	1
Net Change in Cash	10 N/A	52 +420%	111 +113%	61 -45%	82 +34%	18 -78%	51 +183%	(5) N/A	(14) -180%	(12) +14%	(89) -642%	17 N/A	(22) N/A	6 N/A	(47) N/A	(71) -51%	(20) +72%	(12) +40%	1 N/A	47 +4 600%	(11) N/A	(10) +9%	(2) +80%	(40) -1 900%	(15) +64%	(20) -40%	(2) +89%	8 N/A	(1) N/A	(9) -800%	4 N/A	20 +400%	32 +60%	36 +13%	7 -81%	0 N/A	(18) N/A	(16) +11%	6 N/A	9 +50%	14 +56%	(9) N/A	23 N/A	5 -78%	(22) N/A	19 N/A	6 -68%	(16) N/A	15 N/A	(13) N/A	27 N/A	190 +604%	1 -99%	24 +2 300%	(23) N/A	(208) -804%	11 N/A	(31) N/A	22 N/A	120 +445%	251 +109%	474 +89%	(43) N/A	(70) -63%	9 N/A	(175) N/A	73 N/A	8 -89%	(225) N/A	(220) +2%	85 N/A	231 +172%	322 +39%	229 -29%	49 -79%	(56) N/A	292 N/A	310 +6%	385 +24%	810 +110%	244 -70%	573 +135%	256 -55%	(264) N/A	187 N/A	26 -86%	54 +108%	415 +669%	(786) N/A	(828) -5%	(601) +27%	(830) -38%	(11) +99%	(181) -1 545%	(129) +29%	(190) -47%
Free Cash Flow
Free Cash Flow	(530) N/A	(899) -70%	(885) +2%	(789) +11%	(545) +31%	(538) +1%	(219) +59%	15 N/A	38 +153%	263 +592%	118 -55%	126 +7%	244 +94%	263 +8%	256 -3%	281 +10%	295 +5%	354 +20%	351 -1%	359 +2%	268 -25%	374 +40%	403 +8%	290 -28%	249 -14%	59 -76%	(37) N/A	(107) -188%	32 N/A	(103) N/A	(259) -151%	(230) +11%	(324) -41%	(230) +29%	(187) +19%	(88) +53%	15 N/A	45 +200%	239 +431%	295 +23%	207 -30%	171 -17%	49 -71%	(511) N/A	(534) -5%	(450) +16%	(412) +8%	153 N/A	155 +1%	233 +50%	226 -3%	207 -8%	262 +27%	83 -68%	(8) N/A	(9) -13%	(70) -678%	93 N/A	300 +223%	363 +21%	365 +1%	396 +8%	318 -20%	247 -22%	237 -4%	417 +76%	496 +19%	499 +1%	523 +5%	171 -67%	277 +62%	445 +61%	418 -6%	513 +23%	411 -20%	308 -25%	202 -34%	220 +9%	136 -38%	493 +263%	512 +4%	712 +39%	493 -31%	(69) N/A	(72) -4%	(255) -254%	(179) +30%	414 N/A	576 +39%	576 N/A	807 +40%	446 -45%	475 +7%	273 -43%	303 +11%	348 +15%

Income Statement Balance Sheet Cash Flow Statement

TransAlta Corp
TSX:TA

Cash Flow Statement

Cash Flow Statement
TransAlta Corp

See Also

Company

Help

Tools

Stocks

TransAlta Corp TSX:TA

Cash Flow Statement

Cash Flow Statement TransAlta Corp

See Also

Company

Help

Tools

Stocks

TransAlta Corp
TSX:TA

Cash Flow Statement
TransAlta Corp