Imperial Oil Limited

TSX-IMO

Operating Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Net Income	4,001	4,790	4,889	7,340	2,479	-1,857	2,200	2,314	490	2,165	1,122
Net Income
Depreciation & Amortization	2,449	1,983	1,907	1,897	1,977	3,273	1,598	1,509	2,172	1,628	1,450
Depreciation and Depletion (Includes Impairments)
Other Adjustments	-189	-160	-158	-235	42	-536	-283	798	101	-2,130	329
Gain on Asset Sales
Gain on Asset Sales, After Tax
Impairment of Intangible Assets
Inventory Write-Down to Current Market Value
Deferred Income Taxes and Other
Changes in Trade Receivables	364	-1,276	237	-862	-1,950	780	-170	224	-689	-442	-42
Accounts Receivable
Changes in Inventories	-536	335	-688	-477	45	78	-74	-338	-83	197	-172
Inventories, Materials, Supplies and Prepaid Expenses
Changes in Accounts Payable	353	616	81	948	2,020	-1,087	1,010	-764	678	237	-1,030
Accounts Payable and Accrued Liabilities
Changes in Income Taxes Payable	-25	-170	-2,331	1,876	248	-106	41	8	-431	36	418
Income Taxes Payable
Changes in Other Operating Activities	162	-137	-203	-5	615	253	107	171	525	324	92
All Other Items - Net
Cash from Operating Activities	6,579	5,981	3,734	10,482	5,476	798	4,429	3,922	2,763	2,015	2,167
Cash Flows from Operating Activities

Investing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Capital Expenditure	-1,796	-1,867	-1,785	-1,526	-1,108	-868	-1,636	-1,491	-993	-1,073	-2,994
Additions to Property, Plant and Equipment
Proceeds from Sale of Property, Plant & Equipment	52	25	86	904	81	82	82	59	232	3,021	142
Proceeds from Asset Sales
Purchases of Investments	—	—	—	-6	—	—	—	—	-1	-1	-32
Additional Investments
Payments for Business Acquisitions	—	—	—	—	—	—	—	—	—	—	—
Acquisition
Other Investing Activities	13	17	5	10	15	-16	-150	-127	-19	—	—
Repayment of Loan from Equity Company
Loans to Equity Company
Loans to Equity Companies - Net
Cash from Investing Activities	-1,735	-1,825	-1,694	-618	-1,012	-802	-1,704	-1,559	-781	1,947	-2,884
Cash Flows from Investing Activities

Financing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Issuance of Long-Term Debt	—	—	—	—	—	—	—	—	—	495	1,206
Long-Term Debt Issued
Repayments of Long-Term Debt	-18	-22	-22	-1,022	-20	-20	-27	-27	-27	-2,028	-20
Repayment of Long-Term Debt
Finance Lease Obligations - Reduction
Net Issuance / (Repayments) of Long-Term Debt	-18	-22	-22	-1,022	-20	-20	-27	-27	-27	-1,533	1,186
Issuance of Common Shares	—	—	—	—	—	—	—	—	—	—	—
Issuance of Common Shares Under Stock Option Plan
Repurchases of Common Shares	-2,998	-2,681	-3,800	-6,395	-2,245	-274	-1,373	-1,971	-627	—	—
Common Shares Purchased
Net Issuance / (Repurchases) of Common Shares	-2,998	-2,681	-3,800	-6,395	-2,245	-274	-1,373	-1,971	-627	—	—
Common Share Dividends Paid	-1,357	-1,238	-1,103	-851	-706	-649	-631	-572	-524	-492	-449
Dividends Paid
Other Financing Activities	—	-100	—	—	-111	—	36	—	—	-1,749	-32
Short-Term Debt - Net
Cash from Financing Activities	-4,473	-4,041	-4,925	-8,268	-3,082	-943	-1,995	-2,570	-1,178	-3,774	705
Cash Flows from Financing Activities

Free Cash Flow	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Free Cash Flow	4,783	4,114	1,949	8,956	4,368	-70	2,793	2,431	1,770	942	-827
NOPAT	3,894.2	4,688.7	4,737	7,187.5	2,457.9	-1,887.8	2,193.5	2,293.7	303.9	180.7	1,067.7
Levered Free Cash Flow	4,590	5,528	1,848	9,031	6,256	-334	3,219	1,382	2,331	1,981	72
Unlevered Free Cash Flow	4,501.2	5,448.7	1,718	9,900.5	6,254.9	-344.8	3,239.5	1,388.7	2,171.9	1,529.7	-1,168.3
Net Change in Cash	371	115	-2,885	1,596	1,382	-947	730	-207	804	188	-12