← Aris Mining Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $861.0m | $1.5b | ($1.4b) | $4.6b | $3.6b | $3.3b | ($4.9m) | $11.4m | $23.3m | $79.4m | |
| Net Income From Continuing Operations | — | — | — | — | — | — | ($4.9m) | $11.4m | $23.3m | $79.4m | |
| Depreciation and depletion | $1.6b | $1.6b | $1.5b | $2.0b | $2.2b | $2.1b | $33.5m | $36.5m | $34.1m | $54.1m | |
| Amortization of deferred revenue and cumulative catch-up | — | — | — | — | — | — | — | ($3.9m) | ($3.9m) | ($6.3m) | |
| Depreciation | — | — | — | — | — | — | $33.5m | $36.5m | $34.1m | $54.1m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $33.5m | $36.5m | $34.1m | $54.1m | |
| Deferred Income Tax | — | — | — | — | — | — | $62.6m | $47.4m | $56.0m | $127.7m | |
| Deferred Tax | — | — | — | — | — | — | $62.6m | $47.4m | $56.0m | $127.7m | |
| Share-based compensation | — | — | — | — | — | — | $1.4m | $5.1m | $5.3m | $42.1m | |
| Impairment charges (reversals) (notes 10 and 21) | ($250.0m) | ($212.0m) | $900.0m | ($1.4b) | ($269.0m) | ($63.0m) | $1.7b | $312.0m | ($457.0m) | $12.0m | |
| Income tax expense | $917.0m | $1.2b | $1.2b | $1.8b | $1.3b | $1.3b | $62.6m | $47.4m | $56.0m | $127.7m | |
| Proceeds from sales of investments other than investments accounted for using equity method | $0 | $7.0m | ($159.0m) | ($4.0m) | $220.0m | — | ($381.0m) | — | $97.0m | $43.0m | |
| Dividends received from investments accounted for using equity method, classified as investing activities | — | — | — | — | $141.0m | $520.0m | $869.0m | $273.0m | $198.0m | $254.0m | |
| Purchase of investments other than investments accounted for using equity method | — | — | — | ($4.0m) | — | ($46.0m) | — | ($23.0m) | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $44.0m | ($59k) | $2.9m | $0 | |
| Changes in non-cash operating working capital items | ($428.0m) | ($590.0m) | ($173.0m) | ($357.0m) | ($211.0m) | ($273.0m) | ($21.6m) | ($7.9m) | ($18.7m) | $12.1m | |
| Loss from investments in associates | — | — | — | — | — | — | $12.9m | ($59k) | $2.9m | $0 | |
| Finance costs | $788.0m | $705.0m | $560.0m | $500.0m | $364.0m | $355.0m | $301.0m | $29.2m | $41.0m | $40.7m | |
| Loss on financial instruments | — | — | — | — | — | — | ($13.1m) | $13.1m | $16.2m | $76.8m | |
| Loss on disposal of Juby Project | — | — | — | — | — | — | — | — | $0 | $3.2m | |
| Unrealized foreign exchange loss (gain) | $199.0m | $72.0m | $136.0m | $109.0m | $50.0m | $29.0m | ($1.9m) | $15.5m | ($14.9m) | $31.7m | |
| Loss on termination of Soto Norte Project Precious Metals Purchase Agreement | — | — | — | — | — | — | — | — | $0 | $5.0m | |
| Other | ($63.0m) | ($319.0m) | ($62.0m) | ($1.1b) | ($381.0m) | — | — | $28k | $2.5m | $1.0m | |
| Payment of Deferred Share Units and Performance Share Units | — | — | — | — | — | — | $0 | ($47k) | ($2.2m) | ($2.2m) | |
| Termination of Soto Norte Project Precious Metals Purchase Agreement | — | — | — | — | — | — | — | — | $0 | ($10.0m) | |
| Precious metal stream deposit received | — | — | — | — | — | — | — | $0 | $40.0m | $0 | |
| Operating cash flows before taxes | $3.6b | $3.1b | $2.5b | $3.8b | $6.4b | $5.9b | $127.6m | $157.1m | $179.6m | $455.3m | |
| Additions to mining interests, plant and equipment | $1.1b | $1.4b | ($1.4b) | ($1.7b) | ($2.1b) | ($2.4b) | ($115.0m) | ($113.7m) | ($181.4m) | ($243.9m) | |
| Contributions to investment in associates | — | — | — | — | — | — | ($1.3m) | ($5.1m) | ($2.6m) | $0 | |
| Cash proceeds from sale of Juby Project | $135.0m | $28.0m | $70.0m | $41.0m | $45.0m | $35.0m | $88.0m | $13.0m | $0 | $13.1m | |
| Purchase of marketable securities | — | — | — | — | — | — | — | — | $0 | ($1.4m) | |
| Acquisition costs and project funding | — | — | — | — | — | — | — | $0 | ($6.1m) | $0 | |
| Acquisition of 49% interest in Soto Norte Project | — | — | — | — | — | — | — | — | $0 | ($50.0m) | |
| Repayments of bonds and notes | — | — | — | — | — | — | ($1.8m) | ($7.4m) | ($321.3m) | $16.1m | |
| Net proceeds from Senior Notes 2029 | — | — | — | — | — | — | — | $0 | $441.3m | $0 | |
| Payment of lease obligations | — | — | — | ($28.0m) | ($26.0m) | ($20.0m) | ($3.1m) | ($3.0m) | ($2.5m) | ($2.8m) | |
| Increase in gold in trust account | — | — | — | — | — | — | $0 | ($769k) | $0 | ($234k) | |
| Repayment of convertible debenture | — | — | — | — | — | — | — | $0 | ($1.3m) | $0 | |
| Proceeds from exercise of stock options and warrants, net of issuance costs | — | — | — | — | — | — | $988k | $3.0m | $30.2m | $126.1m | |
| Income from equity investees (note 16) | — | — | — | — | ($288.0m) | ($446.0m) | ($258.0m) | ($232.0m) | ($241.0m) | ($444.0m) | |
| Net expense for business combination | — | — | — | — | — | — | — | — | $0 | $625.0m | |
| Gain on sale of non-current assets (note 9) | — | ($911.0m) | ($68.0m) | ($441.0m) | ($180.0m) | ($213.0m) | ($405.0m) | ($364.0m) | ($24.0m) | ($1.5b) | |
| Other operating activities (note 15) | — | — | — | — | ($190.0m) | ($203.0m) | ($217.0m) | ($113.0m) | ($280.0m) | ($375.0m) | |
| Interest received | — | — | — | — | — | $35.0m | $89.0m | $237.0m | $237.0m | $189.0m | |
| Cash receipts from repayment of advances and loans made to other parties | — | — | — | — | $79.0m | $2.0m | $0 | $7.0m | $155.0m | $298.0m | |
| Share buyback program (note 31) | — | — | — | — | — | $0 | ($424.0m) | $0 | ($498.0m) | ($1.5b) | |
| Funding from non-controlling interests (note 32) | $70.0m | $13.0m | $24.0m | $140.0m | $11.0m | $12.0m | $0 | $40.0m | $146.0m | $362.0m | |
| Disbursements to non-controlling interests (note 32) | ($95.0m) | ($139.0m) | ($108.0m) | ($421.0m) | ($1.4b) | ($1.1b) | ($833.0m) | ($554.0m) | ($785.0m) | ($1.8b) | |
| Proceeds from issue of bonds, notes and debentures | — | — | — | — | — | $327.0m | $444.0m | $242.0m | $52.0m | ($9.0m) | |
| Return of capital (note 31) | — | — | — | — | $0 | ($750.0m) | $0 | — | — | — | |
| Remeasurement of Turquoise Ridge to fair value (note 4) | — | — | $0 | ($1.9b) | $0 | — | — | — | — | — | |
| Lease repayments | — | — | $0 | ($28.0m) | — | — | — | — | — | — | |
| Beginning Cash Position | — | — | — | — | — | — | $323.6m | $299.5m | $194.6m | $252.5m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($39.3m) | ($33.3m) | $121.3m | $21.0m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($54.5m) | ($180.3m) | ($198.8m) | ($257.2m) | |
| Change In Inventory | — | — | — | — | — | — | ($4.1m) | ($6.1m) | ($14.3m) | ($3.4m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($2.4m) | ($7.7m) | $2.4m | $44.0m | |
| Change In Prepaid Assets | — | — | — | — | — | — | $399k | ($1.3m) | $584k | ($5.5m) | |
| Change In Receivables | — | — | — | — | — | — | ($15.5m) | $7.1m | ($7.4m) | ($23.1m) | |
| Change In Working Capital | — | — | — | — | — | — | ($21.6m) | ($7.9m) | ($18.7m) | $12.1m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($15.5m) | $12.1m | $2.6m | ($5.1m) | |
| Changes In Cash | — | — | — | — | — | — | ($16.9m) | ($108.9m) | $63.8m | $136.7m | |
| End Cash Position | — | — | — | — | — | — | $299.5m | $194.6m | $252.5m | $391.9m | |
| Financing Cash Flow | — | — | — | — | — | — | ($39.3m) | ($33.3m) | $121.3m | $21.0m | |
| Free Cash Flow | — | — | — | — | — | — | ($38.1m) | ($9.0m) | ($40.2m) | $129.1m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($13.1m) | $13.1m | $16.2m | $76.8m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $0 | $10.6m | $0 | $3.2m | |
| Interest Received CFI | — | — | — | — | — | — | ($1.1m) | ($6.7m) | ($13.8m) | ($25.0m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($54.5m) | ($180.3m) | ($198.8m) | ($257.2m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $56.9m | ($59.8m) | ($3.5m) | $0 | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($1.9m) | $15.5m | ($14.9m) | $31.7m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($115.0m) | ($113.7m) | ($181.4m) | ($243.9m) | |
| Operating Gains Losses | — | — | — | — | — | — | $30.2m | $39.1m | $15.7m | $111.7m | |
| Other Non Cash Items | — | — | — | — | — | — | $27.4m | $24.1m | $64.0m | $28.2m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $988k | $3.0m | $30.2m | $126.1m | |
| Provisionand Write Offof Assets | — | — | — | — | — | $1.6m | ($1.1m) | $1.4m | $1.2m | — | |
| Purchase Of Business | — | — | — | — | — | — | ($38.9m) | ($59.8m) | ($8.7m) | $0 | |
| Purchase Of PPE | — | — | — | — | — | — | ($115.0m) | ($113.7m) | ($181.4m) | ($243.9m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($5.9m) | ($3.1m) | — | — | — | |
| Sale Of Business | — | — | — | — | — | — | $95.8m | $0 | $5.3m | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $1.4m | $5.1m | $5.3m | $42.1m | |
| Net cash provided by operating activities | $2.6b | $2.1b | $1.8b | $2.8b | $5.4b | $4.4b | $76.9m | $104.7m | $141.2m | $373.0m | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | ($35.0m) | — | $0 | ($1.4m) | |
| Purchase Of Investment | — | — | — | — | — | $0 | ($35.0m) | — | $0 | ($1.4m) | |
| Proceeds from divestitures | $588.0m | $990.0m | $0 | $750.0m | $283.0m | $27.0m | $0 | — | $0 | $2.2b | |
| Cash advances and loans made to other parties, classified as investing activities | — | — | — | — | — | — | — | $0 | ($59.0m) | ($1.0m) | |
| Other investing activities (note 15) | ($9.0m) | $48.0m | ($5.0m) | $213.0m | $220.0m | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | ($4.5m) | $4.6m | — | — | $13.1m | |
| Net cash used in investing activities | ($412.0m) | ($337.0m) | ($1.5b) | $50.0m | ($1.3b) | ($1.9b) | ($54.5m) | ($180.3m) | ($198.8m) | ($257.2m) | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $0 | $441.3m | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $441.3m | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($4.9m) | ($10.4m) | $117.6m | ($18.9m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($4.9m) | ($10.4m) | $117.6m | ($18.9m) | |
| Debt repayments | ($902.0m) | ($180.0m) | ($28.0m) | ($29.0m) | ($353.0m) | ($7.0m) | ($375.0m) | ($43.0m) | $0 | ($14.0m) | |
| Long Term Debt Payments | — | — | — | — | — | — | ($4.9m) | ($10.4m) | ($323.7m) | ($18.9m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($4.9m) | ($10.4m) | ($323.7m) | ($18.9m) | |
| Net Common Stock Issuance | — | — | — | — | — | ($5.9m) | ($3.1m) | — | — | — | |
| Common Stock Payments | — | — | — | — | — | ($5.9m) | ($3.1m) | — | — | — | |
| Dividends (note 31) | ($86.0m) | ($125.0m) | ($125.0m) | ($548.0m) | ($547.0m) | ($634.0m) | ($1.1b) | ($700.0m) | ($696.0m) | ($890.0m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($10.4m) | $0 | $0 | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | ($11.5m) | ($10.4m) | $0 | — | — | |
| Other financing activities (note 15) | — | — | ($29.0m) | ($1.0m) | $28.0m | $115.0m | $191.0m | $65.0m | — | — | |
| Net Other Financing Charges | — | — | — | — | — | $131.3m | ($3.1m) | ($769k) | — | ($50.2m) | |
| Net cash provided by financing activities | ($2.3b) | ($1.9b) | ($925.0m) | ($1.1b) | ($2.3b) | ($2.4b) | ($39.3m) | ($33.3m) | $121.3m | $21.0m | |
| Impact of foreign exchange rate changes on cash and equivalents | $3.0m | $3.0m | ($9.0m) | ($1.0m) | ($3.0m) | ($1.0m) | ($7.2m) | $4.1m | ($5.8m) | $2.6m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($7.2m) | $4.1m | ($5.8m) | $2.6m | |
| Increase in cash acquired with Soto Norte Acquisition | — | — | $0 | $751.0m | $0 | — | $95.1m | $0 | $5.3m | $0 | |
| Increase in cash and cash equivalents | ($66.0m) | ($155.0m) | ($663.0m) | $1.7b | $1.9b | $92.0m | ($24.1m) | ($104.8m) | $57.9m | $139.3m | |
| Cash and cash equivalents, beginning of year | $2.4b | $2.2b | $1.6b | $3.3b | $5.2b | $323.6m | $299.5m | $194.6m | $252.5m | $391.9m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($24.1m) | ($104.8m) | $57.9m | $139.3m | |
| Capitalized interest paid (net) | — | — | — | — | — | — | ($1.4m) | ($6.7m) | ($13.8m) | ($25.0m) | |
| Interest paid | ($513.0m) | ($425.0m) | ($350.0m) | ($333.0m) | ($295.0m) | ($303.0m) | ($22.0m) | ($25.1m) | ($26.5m) | ($36.0m) | |
| Income taxes paid | ($487.0m) | ($649.0m) | ($398.0m) | ($612.0m) | ($718.0m) | ($1.3b) | ($50.7m) | ($52.4m) | ($38.4m) | ($82.3m) | |
| Income taxes paid (refund), classified as investing activities | — | — | — | — | — | — | ($50.7m) | ($52.4m) | $0 | ($175.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.