MERC: the cash flow

MyFinsight

For the year ending 2025-12-31, MERC had $1,880K increase in cash & cash equivalents over the period. -$79,996K in free cash flow.

Cash Flow	2025-12-31
Net loss	-497,889
Depreciation and amortization	160,048
Deferred income tax recovery	-11,318
Inventory impairment	54,400
Impairments of long-lived assets	215,682
Impairment of sandalwood business	0
Loss on disposal of investment in joint venture	0
Goodwill impairment	0
Defined benefit pension plans and other post-retirement benefit plan expense	692
Stock compensation expense	2,285
Foreign exchange transaction losses (gains)	-16,390
Other	-7,107
Defined benefit pension plans and other post-retirement benefit plan contributions, net of withdrawals	3,025
Accounts receivable	-52,588
Inventories	-526
Accounts payable and accrued expenses	7,162
Prepaid expenses and other	2,111
Net cash from (used in) operating activities	8,587
Purchase of property, plant and equipment	88,583
Proceeds from sale of property, plant and equipment	6,383
Acquisition, net of cash acquired	0
Property insurance proceeds	0
Proceeds from government grants	3,357
Other	2,483
Net cash used in investing activities	-81,326
Redemption of senior notes	0
Proceeds from issuance of senior notes	0
Proceeds from (repayment of) revolving credit facilities, net	102,888
Dividend payments	10,039
Payment of debt issuance costs	0
Payment of finance lease obligations	13,181
Other	138
Net cash from (used in) financing activities	79,806
Effect of exchange rate changes on cash and cash equivalents	-5,187
Net increase (decrease) in cash and cash equivalents	1,880
Cash and cash equivalents at beginning of period	184,925
Cash and cash equivalents at end of period	186,805

Unit: Thousand (K) dollars (except for numbers of shares and EPS).