
Western Energy Services Corp
TSX:WRG

Cash Flow Statement
Cash Flow Statement
Western Energy Services Corp
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
26
|
9
|
(82)
|
(129)
|
(151)
|
(162)
|
(103)
|
(62)
|
(60)
|
(53)
|
(47)
|
(37)
|
(39)
|
(38)
|
(36)
|
(41)
|
(42)
|
(37)
|
(38)
|
(81)
|
(89)
|
(87)
|
(86)
|
(41)
|
(33)
|
(37)
|
(37)
|
(36)
|
251 136
|
11
|
23
|
29
|
231
|
(1)
|
(3)
|
(7)
|
(462 792)
|
(6)
|
(6)
|
(7)
|
40 073
|
|
Depreciation & Amortization |
59
|
55
|
48
|
40
|
33
|
44
|
52
|
60
|
69
|
67
|
67
|
66
|
66
|
66
|
66
|
66
|
66
|
66
|
65
|
63
|
60
|
56
|
52
|
48
|
46
|
44
|
43
|
42
|
156 667
|
51
|
50
|
40
|
167 957
|
51
|
52
|
42
|
157 522
|
53
|
53
|
41
|
51
|
|
Other Non-Cash Items |
73
|
74
|
139
|
152
|
144
|
139
|
63
|
10
|
11
|
6
|
7
|
6
|
6
|
5
|
5
|
6
|
4
|
1
|
0
|
42
|
51
|
56
|
56
|
15
|
6
|
10
|
14
|
17
|
(5 803)
|
(25)
|
(25)
|
(29)
|
119 986
|
20
|
19
|
14
|
332 483
|
14
|
14
|
8
|
10
|
|
Cash Taxes Paid |
9
|
9
|
9
|
8
|
2
|
(1)
|
(8)
|
(8)
|
(10)
|
(7)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
68 323
|
0
|
0
|
0
|
65 529
|
0
|
0
|
0
|
48 333
|
8 104
|
(2 157)
|
0
|
0
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
9
|
17
|
17
|
17
|
17
|
15
|
15
|
15 404
|
8
|
10
|
9
|
21 768
|
19
|
16
|
11
|
28 060
|
16
|
15
|
10
|
15
|
|
Change in Working Capital |
24
|
13
|
23
|
29
|
34
|
7
|
17
|
9
|
(8)
|
2
|
(3)
|
(10)
|
(8)
|
(3)
|
(7)
|
2
|
8
|
(3)
|
1
|
7
|
6
|
11
|
13
|
6
|
8
|
(6)
|
(9)
|
(6)
|
(230 285)
|
(10)
|
(10)
|
(11)
|
(177 688)
|
(18)
|
(9)
|
2
|
(81 350)
|
(7)
|
(14)
|
5
|
(7)
|
|
Cash from Operating Activities |
182
N/A
|
151
-17%
|
128
-16%
|
91
-29%
|
60
-34%
|
28
-54%
|
29
+5%
|
17
-43%
|
11
-33%
|
23
+109%
|
24
+3%
|
25
+3%
|
25
+3%
|
31
+23%
|
27
-12%
|
33
+21%
|
35
+6%
|
26
-25%
|
28
+5%
|
32
+14%
|
27
-14%
|
36
+30%
|
35
-3%
|
28
-20%
|
28
N/A
|
11
-59%
|
10
-8%
|
17
+60%
|
171 715
+1 032 400%
|
27
-100%
|
37
+34%
|
29
-22%
|
110 486
+387 013%
|
52
-100%
|
58
+12%
|
51
-12%
|
(54 137)
N/A
|
54
N/A
|
47
-14%
|
47
+1%
|
49
+6%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(106)
|
(88)
|
(61)
|
(34)
|
(17)
|
(9)
|
(5)
|
(5)
|
(6)
|
(9)
|
(15)
|
(18)
|
(20)
|
(22)
|
(20)
|
(20)
|
(18)
|
(14)
|
(11)
|
(8)
|
(6)
|
(5)
|
(4)
|
(3)
|
(3)
|
(5)
|
(7)
|
(7)
|
(107 467)
|
(26)
|
(33)
|
(34)
|
(143 581)
|
(33)
|
(32)
|
(23)
|
(152 873)
|
(20)
|
(21)
|
(22)
|
(27)
|
|
Other Items |
2
|
(6)
|
(3)
|
(12)
|
(8)
|
(2)
|
(1)
|
1
|
2
|
3
|
5
|
4
|
4
|
1
|
(1)
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
2
|
2
|
1
|
(7 954)
|
5
|
8
|
5
|
124 170
|
(0)
|
(1)
|
(3)
|
40 633
|
1
|
(0)
|
(0)
|
1
|
|
Cash from Investing Activities |
(105)
N/A
|
(94)
+10%
|
(64)
+32%
|
(46)
+29%
|
(24)
+46%
|
(12)
+52%
|
(6)
+48%
|
(4)
+31%
|
(5)
-10%
|
(6)
-33%
|
(10)
-57%
|
(15)
-52%
|
(17)
-16%
|
(21)
-25%
|
(21)
+1%
|
(20)
+7%
|
(19)
+4%
|
(15)
+23%
|
(12)
+15%
|
(9)
+27%
|
(7)
+27%
|
(5)
+18%
|
(4)
+26%
|
(3)
+25%
|
(3)
+10%
|
(3)
-12%
|
(4)
-46%
|
(6)
-29%
|
(115 421)
-2 029 459%
|
(21)
+100%
|
(25)
-20%
|
(29)
-16%
|
(19 411)
-66 945%
|
(34)
+100%
|
(33)
+3%
|
(25)
+22%
|
(112 240)
-440 870%
|
(19)
+100%
|
(21)
-12%
|
(22)
-4%
|
(26)
-18%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
6
|
(2)
|
(6)
|
(7)
|
(5)
|
(4)
|
(0)
|
0
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(5)
|
(39)
|
(55)
|
(44)
|
(40)
|
1
|
1
|
(1)
|
(5)
|
(1)
|
(11)
|
(10)
|
6
|
(9)
|
7
|
5
|
(8)
|
(39 571)
|
(20)
|
(21)
|
(18)
|
76 302
|
(2)
|
(13)
|
(18)
|
74 652
|
(19)
|
(20)
|
(17)
|
(11)
|
|
Cash Paid for Dividends |
(22)
|
(23)
|
(22)
|
(22)
|
(20)
|
(15)
|
(9)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(31 068)
|
0
|
0
|
0
|
(42 484)
|
0
|
0
|
0
|
(19 639)
|
(4 919)
|
(4 934)
|
0
|
0
|
|
Other |
(19)
|
(18)
|
(18)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
(22)
|
(21)
|
(21)
|
(24)
|
(24)
|
(24)
|
(21)
|
(19)
|
(16)
|
(16)
|
(18)
|
(18)
|
(18)
|
(17)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(10 755)
|
21
|
19
|
20
|
(212 320)
|
(19)
|
(16)
|
(11)
|
(5 767)
|
(16)
|
(15)
|
(10)
|
(15)
|
|
Cash from Financing Activities |
(37)
N/A
|
(43)
-18%
|
(48)
-12%
|
(50)
-3%
|
(47)
+5%
|
(42)
+11%
|
(33)
+23%
|
(26)
+19%
|
(22)
+15%
|
(22)
+1%
|
(22)
+1%
|
(6)
+74%
|
(40)
-597%
|
(56)
-40%
|
(41)
+27%
|
(59)
-42%
|
(16)
+74%
|
(15)
+2%
|
(19)
-22%
|
(23)
-22%
|
(19)
+18%
|
(28)
-52%
|
(25)
+11%
|
(9)
+63%
|
(24)
-150%
|
(8)
+68%
|
(10)
-30%
|
(23)
-129%
|
(81 394)
-357 079%
|
2
N/A
|
(1)
N/A
|
2
N/A
|
(178 502)
N/A
|
(21)
+100%
|
(29)
-42%
|
(29)
+2%
|
49 246
N/A
|
(35)
N/A
|
(35)
+0%
|
(27)
+23%
|
(26)
+4%
|
|
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
|
29 611
|
0
|
0
|
0
|
27 842
|
0
|
0
|
0
|
28 736
|
6 862
|
(7 877)
|
0
|
0
|
|
Net Change in Cash |
41
N/A
|
14
-65%
|
16
+10%
|
(4)
N/A
|
(11)
-171%
|
(26)
-129%
|
(9)
+64%
|
(14)
-48%
|
(16)
-13%
|
(5)
+69%
|
(8)
-56%
|
4
N/A
|
(32)
N/A
|
(47)
-46%
|
(35)
+25%
|
(45)
-29%
|
1
N/A
|
(3)
N/A
|
(3)
+6%
|
0
N/A
|
2
N/A
|
2
-10%
|
5
+189%
|
15
+194%
|
2
-90%
|
1
-54%
|
(4)
N/A
|
(12)
-201%
|
4 511
N/A
|
8
-100%
|
10
+24%
|
1
-87%
|
(59 585)
N/A
|
(3)
+100%
|
(4)
-52%
|
(3)
+29%
|
(88 395)
-2 998 374%
|
6 862
N/A
|
(7 887)
N/A
|
(2)
+100%
|
(2)
-1%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
76
N/A
|
63
-16%
|
66
+5%
|
57
-13%
|
44
-24%
|
18
-58%
|
24
+30%
|
12
-50%
|
5
-58%
|
14
+182%
|
9
-35%
|
7
-29%
|
5
-25%
|
9
+78%
|
8
-13%
|
13
+72%
|
18
+34%
|
13
-29%
|
17
+33%
|
24
+43%
|
21
-12%
|
31
+47%
|
31
0%
|
25
-19%
|
25
-1%
|
6
-76%
|
4
-35%
|
10
+155%
|
64 248
+657 842%
|
2
-100%
|
4
+126%
|
(6)
N/A
|
(33 095)
-581 841%
|
18
N/A
|
26
+41%
|
29
+11%
|
(207 010)
N/A
|
34
N/A
|
25
-26%
|
25
-1%
|
23
-9%
|