← IMPERIAL OIL LTD

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $2.2b
$490.0m -77.37%
$2.3b +372.24%
$2.2b -4.93%
($1.9b) -184.41%
$2.5b +233.49%
$7.3b +196.09%
$4.9b -33.39%
$4.8b -2.02%
$3.3b -31.77%
—
Depreciation Amortization Depletion — — — — — — $1.9b $1.9b $2.0b $2.6b $2.6b
Depreciation and depletion (includes impairments) $1.6b $2.2b $1.5b $1.6b $3.3b $2.0b $1.9b $1.9b $2.0b $2.6b —
Depreciation, Depletion and Amortization $1.6b $2.2b $1.6b $1.6b $3.3b $2.0b $1.9b $1.9b $2.0b $2.6b $2.6b
Deferred Income Tax $114.0m $321.0m $806.0m ($237.0m) ($521.0m) $91.0m ($77.0m) ($85.0m) ($142.0m) ($156.0m) ($511.0m)
Deferred Income Tax Expense (Benefit) $79.0m $150.0m $773.0m ($294.0m) ($524.0m) $93.0m ($84.0m) ($76.0m) ($137.0m) ($131.0m) ($511.0m)
Deferred Tax — — — — — — ($77.0m) ($85.0m) ($142.0m) ($156.0m) ($511.0m)
Share-based Payment Arrangement, Expense $59.0m $14.0m $32.0m $34.0m $2.0m $96.0m $113.0m $52.0m $116.0m $212.0m —
Asset Impairment Charge — — — — — $0 $0 — — — $0
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — $1.5b ($2.7b) ($495.0m) $675.0m $555.0m
Accounts receivable ($442.0m) ($689.0m) $224.0m ($170.0m) $780.0m ($1.9b) ($862.0m) $237.0m ($1.3b) $1.4b ($2.6b)
Change In Receivables — — — — — — ($862.0m) $237.0m ($1.3b) $1.4b ($2.6b)
Changes In Account Receivables — — — — — — ($862.0m) $237.0m ($1.3b) $1.4b ($2.6b)
Increase (Decrease) in Accounts Receivable $442.0m $689.0m ($224.0m) $170.0m ($780.0m) $1.9b $862.0m ($237.0m) $1.3b ($1.4b) ($2.6b)
Change In Inventory — — — — — — ($477.0m) ($688.0m) $335.0m ($287.0m) ($263.0m)
Inventories, materials, supplies and prepaid expenses $197.0m ($83.0m) ($338.0m) ($74.0m) $78.0m $45.0m ($477.0m) ($688.0m) $335.0m ($287.0m) —
Inventory Write-down — — — — — $74.0m $74.0m — — — —
Accounts payable and accrued liabilities $237.0m $678.0m ($764.0m) $1.0b ($1.1b) $2.0b $948.0m $81.0m $616.0m ($346.0m) $2.9b
Net Cash Provided by (Used in) Operating Activities $2.0b
$2.8b +37.12%
$3.9b +41.95%
$4.4b +12.93%
$798.0m -81.98%
$5.5b +586.22%
$10.5b +91.42%
$3.7b -64.38%
$6.0b +60.18%
$6.7b +12.16%
$7.2b +6.98%
Cash flows from investing activities:
Additions to property, plant and equipment ($1.1b) ($993.0m) ($1.5b) ($1.6b) ($868.0m) ($1.1b) ($1.5b) ($1.8b) ($1.9b) ($2.0b) —
Capital Expenditure — — — — — — ($1.5b) ($1.8b) ($1.9b) ($2.0b) ($2.1b)
Additional investments ($1.0m) ($1.0m) $0 $0 $0 $0 ($6.0m) $0 $0 ($4.0m) —
Payments to Acquire Investments $1.0m $1.0m — — — — $6.0m $0 $0 $4.0m $0
Net Other Investing Changes — — — — — — $914.0m $91.0m $42.0m $117.0m $178.0m
Net Cash Provided by (Used in) Investing Activities $1.9b ($781.0m) ($1.6b) ($1.7b) ($802.0m) ($1.0b) ($618.0m) ($1.7b) ($1.8b) ($1.9b) ($2.0b)
Cash flows from financing activities:
Long Term Debt Payments — — — — — — ($1.0b) ($22.0m) ($22.0m) ($18.0m) ($18.0m)
Net Issuance Payments Of Debt — — — — — — ($1.0b) ($22.0m) ($122.0m) ($18.0m) ($18.0m)
Net Long Term Debt Issuance — — — — — — ($1.0b) ($22.0m) ($22.0m) ($18.0m) ($18.0m)
Net Short Term Debt Issuance — — — — — — $0 $0 ($100.0m) $0 $0
Proceeds from Issuance of Long-term Debt $495.0m — — — — — — — — — —
Repayment Of Debt — — — — — — ($1.0b) ($22.0m) ($22.0m) ($18.0m) ($18.0m)
Repayments of Long-term Debt $2.0b — — — — — $1.0b $0 $0 — ($18.0m)
Short-term debt - net ($1.7b) $0 $0 $36.0m $0 ($111.0m) $0 $0 ($100.0m) $0 —
Common Stock Dividend Paid — — — — — — ($851.0m) ($1.1b) ($1.2b) ($1.4b) ($1.5b)
Common Stock Payments — — — — — — ($6.4b) ($3.8b) ($2.7b) ($3.2b) ($3.2b)
Net Common Stock Issuance — — — — — — ($6.4b) ($3.8b) ($2.7b) ($3.2b) ($3.2b)
Payments for Repurchase of Common Stock — $627.0m $2.0b $1.4b $274.0m $2.2b $6.4b $3.8b $2.7b $3.2b —
Payments of Ordinary Dividends, Common Stock $492.0m $524.0m $572.0m $631.0m $649.0m $706.0m $851.0m $1.1b $1.2b $1.4b ($1.5b)
Repurchase Of Capital Stock — — — — — — ($6.4b) ($3.8b) ($2.7b) ($3.2b) ($3.2b)
Cash Dividends Paid — — — — — — ($851.0m) ($1.1b) ($1.2b) ($1.4b) ($1.5b)
Dividends Payable — — — — — — — — — $350.0m —
Dividends paid ($492) ($524) ($572) ($631) ($649) ($706) ($851) ($1k) ($1k) ($1k) ($1.5b)
Net Cash Provided by (Used in) Financing Activities ($3.8b)
($1.2b) +68.79%
($2.6b) -118.17%
($2.0b) +22.37%
($943.0m) +52.73%
($3.1b) -226.83%
($8.3b) -168.27%
($4.9b) +40.43%
($4.0b) +17.95%
($4.7b) -15.14%
($4.8b) -2.30%
Increase (decrease) in cash and cash equivalents — — — — ($947.0m) $1.4b $1.6b ($2.9b) $115.0m $163.0m —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — ($947.0m) $1.4b $1.6b ($2.9b) $115.0m $163.0m $2.8b
Beginning Cash Position — — — — — — $2.2b $3.7b $864.0m $979.0m $2.4b
Cash and cash equivalents at beginning of year — — — — $771.0m $2.2b $3.7b $864.0m $979.0m $1.1b $2.4b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $3.7b $864.0m $979.0m $1.1b $2.8b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
(Gain) loss on asset sales ($2.2b) ($220.0m) ($54.0m) ($46.0m) ($35.0m) ($49.0m) ($158.0m) ($73.0m) ($18.0m) $5.0m —
Additional Financial Items
All other items - net $324.0m $525.0m $171.0m $107.0m $253.0m $615.0m ($5.0m) ($203.0m) ($137.0m) $337.0m —
Asset Retirement Obligation, Accretion Expense $97.0m $92.0m $85.0m $80.0m $82.0m $99.0m $101.0m $132.0m $163.0m $171.0m —
Cash Flow From Continuing Financing Activities — — — — — — ($8.3b) ($4.9b) ($4.0b) ($4.7b) ($4.8b)
Cash Flow From Continuing Investing Activities — — — — — — ($618.0m) ($1.7b) ($1.8b) ($1.9b) ($2.0b)
Cash flows from (used in) financing activities ($3.8b) ($1.2b) ($2.6b) ($2.0b) ($943.0m) ($3.1b) ($8.3b) ($4.9b) ($4.0b) ($4.7b) —
Cash flows from (used in) investing activities $1.9b ($781.0m) ($1.6b) ($1.7b) ($802.0m) ($1.0b) ($618.0m) ($1.7b) ($1.8b) ($1.9b) —
Change In Account Payable — — — — — — $948.0m $81.0m $616.0m ($346.0m) $2.9b
Change In Cash Supplemental As Reported — — — — — — $1.6b ($2.9b) $115.0m $163.0m —
Change In Income Tax Payable $36.0m ($431.0m) $8.0m $41.0m ($106.0m) $248.0m $1.9b ($2.3b) ($170.0m) ($79.0m) $500.0m
Change In Payable — — — — — — $2.8b ($2.2b) $446.0m ($425.0m) $2.9b
Change In Tax Payable — — — — — — $1.9b ($2.3b) ($170.0m) ($79.0m) $500.0m
Changes In Cash — — — — — — $1.6b ($2.9b) $115.0m $163.0m $453.0m
Common shares purchased — ($627.0m) ($2.0b) ($1.4b) ($274.0m) ($2.2b) ($6.4b) ($3.8b) ($2.7b) ($3.2b) —
End Cash Position — — — — — — $3.7b $864.0m $979.0m $1.1b $2.8b
Finance lease obligations - reduction — — — ($27.0m) ($20.0m) ($20.0m) ($22.0m) ($22.0m) ($22.0m) ($18.0m) —
Financing Cash Flow — — — — — — ($8.3b)
($4.9b) +40.43%
($4.0b) +17.95%
($4.7b) -15.14%
($4.8b) -2.30%
Free Cash Flow — — — — — — $9.0b $1.9b $4.1b $4.7b $5.0b
Gain (Loss) on Derivative Instruments, Net, Pretax — ($5.0m) ($18.0m) ($10.0m) ($34.0m) ($79.0m) $148.0m ($5.0m) — — —
Gain (Loss) on Disposition of Assets $2.2b $220.0m $54.0m $46.0m $35.0m $49.0m $158.0m $73.0m $18.0m ($5.0m) —
Goodwill $186.0m $186.0m $186.0m $186.0m $166.0m $166.0m $166.0m $166.0m $166.0m $166.0m $0
Income Tax Expense (Benefit) $279.0m $92.0m $759.0m ($154.0m) ($551.0m) $804.0m $2.1b $1.5b $1.4b $994.0m —
Income Taxes Paid, Net — — — $145.0m ($42.0m) $58.0m ($374.0m) $4.2b $1.8b $1.4b —
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $91.0m $62.0m $43.0m $60.0m $69.0m $42.0m $28.0m —
Investing Cash Flow — — — — — — ($618.0m) ($1.7b) ($1.8b) ($1.9b) ($2.0b)
Loans to equity companies - net — — ($127.0m) ($150.0m) ($16.0m) $15.0m $10.0m $5.0m $17.0m $16.0m —
Net Investment Purchase And Sale — — — — — — ($6.0m) $0 $0 ($4.0m) $0
Net PPE Purchase And Sale — — — — — — ($1.5b) ($1.8b) ($1.9b) ($2.0b) ($2.1b)
Operating Gains Losses — — — — — — ($158.0m) ($73.0m) ($18.0m) $5.0m ($48.0m)
Other Non Cash Items — — — — — — ($5.0m) ($203.0m) ($137.0m) $337.0m —
Proceeds from Stock Options Exercised $0 $0 — — — — — — — — —
Proceeds from asset sales $3.0b $232.0m $59.0m $82.0m $82.0m $81.0m $904.0m $86.0m $25.0m $101.0m —
Purchase Of Investment — — — — — — ($6.0m) $0 $0 ($4.0m) $0
Purchase Of PPE $1.1b $993.0m $1.5b $1.6b $868.0m $1.1b ($1.5b) ($1.8b) ($1.9b) ($2.0b) ($2.1b)
Revenue from Contract with Customer, Including Assessed Tax — — — — — — $52.3b $44.5b $40.9b $38.7b —
Supplemental disclosure of cash flow information:

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.