FTAI INFRASTRUCTURE INC.

FIP ·Industrials, Railroads, United States
Financial Statements Cash Flow Statement
Annual Quarterly

Cash Flow Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020
Operating Activities
Net Income $-152.1M $-266.1M $-159.8M $-187.5M $-106.3M $-71.7M
Depreciation & Amortization $132.5M $79.4M $81.0M $70.7M $54.0M $31.1M
Depreciation
Amortization
Stock-Based Compensation
Net Cash from Operating Activities $-118.0M $-15.3M $5.5M $-42.7M $-61.7M $-46.9M
Investing Activities
Capital Expenditures $280.5M $79.5M $99.0M $217.1M $140.9M $247.5M
Business Acquisitions $856.6M $0 $4.4M $3.8M $627.1M
Net Cash from Investing Activities $-1.14B $-118.1M $-147.1M $-267.3M $-828.7M $-252.2M
Financing Activities
Dividends Paid $13.8M $13.1M $12.4M $3.1M $0 $0
Stock Repurchases
Net Cash from Financing Activities $1.44B $193.2M $79.4M $157.7M $1.14B $337.6M
Net Change in Cash $178.7M $59.8M $-62.2M $-152.2M $246.4M $38.6M
Free Cash Flow $-398.5M $-94.8M $-93.5M $-259.8M $-202.6M $-294.4M