PEICMC Annual Report 2026

PRINCE EDWARD ISLAND CANNABIS MANAGEMENT CORPORATION Statement of Cash Flow Year Ended March 31, 2026

2026

2025

Cash flows from operating activities Net income Items not affecting cash:

$2,454,995

$2,644,182

317,313 195,595

Amortization of property and equipment Amortization of right-of-use assets

304,798 195,595

2,967,903

3,144,575

Changes in non-cash working capital: Accounts receivable Inventory Prepaid expense

3,743 177,608 (3,847) 946,679 4,730

(7,996) (816,734) 2,482 (572,518) 4,944

Accounts payable and accrued liabilities Deferred revenue

1,128,913

(1,389,822)

4,096,816

1,754,753

Cash flows from investing activities

(125,888)

Purchase of property and equipment

(44,976)

Cash flows from financing activities Advances from the Province of Prince Edward Island Annual income distribution to Province of Prince Edward Island Repayment of lease liabilities

(553,443) (2,454,995) (180,508)

(45,567) (2,644,182) (187,110)

(3,188,946)

(2,876,859)

781,982 2,017,293 2,799,275

Increase (decrease) in cash Cash - beginning of year Cash - end of year

(1,167,082) 2,799,275 $1,632,193

Cash consists of: Cash on hand

$44,782 2,754,493

$44,782 1,587,411

Cash in financial institutions

$2,799,275

$1,632,193

Cash flow supplementary information Interest received Interest paid

$100,718 $58,292

$52,724 $51,690

Notes 1 - 18 are an integral part of these financial statements

PEICMC 2025-2026 Annual Report | 31