Loblaw Companies Limited

TSX-L

Operating Activities	Jun '25	Mar '25	Dec '24	Oct '24	Jun '24	Mar '24
Net Income	2,567	2,308	2,275	2,367	2,196	2,239
Net Earnings
Depreciation & Amortization	2,902	2,981	2,966	2,952	2,929	2,921
Depreciation and Amortization
Other Adjustments	1,576	1,628	1,842	1,820	1,743	1,638
Income Taxes
Net Interest Expense and Other Financing Charges
Adjustment to Fair Value of Investment Properties
Asset Impairments, Net of Recoveries
Gain on Disposal of Assets
Recognition of Fair Value Increment on Inventory Sold
Charge Related to Inventory Measurement and Other Conversion Differences
Change in Allowance for Credit Card Receivables
Change in Provisions
PC Optimum Program
Changes in Trade Receivables	-28	43	-105	12	-28	-151
Change in Credit Card Receivables
Changes in Income Taxes Payable	-1,016	-1,054	-1,143	-1,068	-1,016	-1,006
Income Taxes (Paid) Received
Changes in Other Operating Activities	-200	-66	-33	-489	-143	-72
Change in Non-Cash Working Capital
Interest Received
Interest Received from Finance Leases
Other
Cash from Operating Activities	5,861	5,899	5,802	5,620	5,707	5,595
Cash Flows from Operating Activities

Investing Activities	Jun '25	Mar '25	Dec '24	Oct '24	Jun '24	Mar '24
Capital Expenditure	-1,610	-1,692	-1,823	-1,834	-1,831	-1,749
Fixed Asset Purchases
Proceeds from Sale of Property, Plant & Equipment	529	379	363	502	260	253
Proceeds from Disposal of Assets
Purchases of Intangible Assets	-363	-367	-377	-377	-385	-395
Intangible Asset Additions
Purchases of Investments	—	—	-184	—	—	—
Purchase of Short Term Investments
Proceeds from Sale of Investments	98	112	81	51	108	45
Proceeds from Sale of Short Term Investments
Disposal of Long Term Securities
Payments for Business Acquisitions	—	—	—	—	—	—
Business Acquisitions - Net of Cash Acquired
Proceeds from Business Divestments	—	—	—	—	—	—
Proceeds from Disposition of Gas Bar Operations
Other Investing Activities	-107	-124	-81	-37	3	32
Cash Assumed on Initial Consolidation of Franchises
Cash Disposed of Related to Discontinued Operations
Change in Short Term Investments
Change in Security Deposits
Lease Payments Received from Finance Leases
Other
Cash from Investing Activities	-2,041	-2,370	-2,021	-1,636	-1,726	-1,587
Cash Flows from Investing Activities

Financing Activities	Jun '25	Mar '25	Dec '24	Oct '24	Jun '24	Mar '24
Issuance of Long-Term Debt	922	1,641	1,557	1,349	1,510	1,239
Issued
Repayments of Long-Term Debt	-1,848	-2,289	-2,288	-2,326	-2,280	-1,811
Repayments
Cash Rent Paid on Lease Liabilities - Principal
Redemption of Capital Securities
Net Issuance / (Repayments) of Long-Term Debt	-926	-648	-731	-977	-770	-572
Issuance of Common Shares	67	112	147	167	157	103
Issued
Repurchases of Common Shares	-1,687	-1,791	-1,826	-1,891	-1,787	-1,761
Purchased and Held in Trust
Purchased for Cancellation
Net Issuance / (Repurchases) of Common Shares	-1,620	-1,679	-1,679	-1,724	-1,630	-1,658
Issuance of Preferred Shares	—	—	—	—	—	—
Issuance of Preferred Share Capital
Net Issuance / (Repurchases) of Preferred Shares	—	—	—	—	—	—
Common Share Dividends Paid	-630	-617	-459	-601	-569	-562
Dividends Paid
Other Financing Activities	-663	-627	-947	-997	-892	-1,030
Change in Bank Indebtedness
Change in Short Term Debt
Change in Demand Deposits from Customers
Interest Paid
Cash Rent Paid on Lease Liabilities - Interest
Proceeds from Other Financing
Proceeds from Financial Liabilities
Other
Cash from Financing Activities	-4,152	-3,884	-3,816	-4,226	-3,913	-3,889
Cash Flows from Financing Activities