← BUENAVENTURA MINING CO INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net Income | — | — | — | — | — | — | $602.5m | $19.9m | $402.7m | $782.1m | |
| Depreciation and amortization | $613.7m | $544.2m | $668.5m | $679.9m | $624.5m | $636.1m | $504.8m | $543.7m | $585.3m | $654.0m | |
| Loss on asset values impairment | $889.5m | $0 | $0 | $0 | $0 | ($97.6m) | $0 | $3.5m | $19k | $21k | |
| Share-based payments cost | — | — | — | $1.6m | $2.3m | $2.9m | $2.5m | $2.8m | $2.2m | $2.6m | |
| Adjustments For Income Tax Expense | — | — | — | — | $9.7m | $9.7m | — | — | — | — | |
| Income tax expense | $263.1m | $486.0m | $367.0m | $317.2m | $288.6m | $9.7m | $544.8m | $571.7m | $588.4m | $754.9m | |
| Additional Financial Items | |||||||||||
| Interest Received Classified As Operating Activities | $2.1m | $3.2m | $2.4m | $4.3m | $1.7m | $207k | $2.9m | $5.1m | $5.2m | — | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | $7.6m | $4.1m | $5.2m | $4.6m | $4.5m | $4.1m | — | |
| Payments To Acquire Or Redeem Entitys Shares | $1.2m | $0 | $0 | — | — | — | — | — | — | — | |
| Proceeds From Borrowings Classified As Financing Activities | $200.5m | $341.2m | $95.0m | $55.0m | $18.0m | $50.0m | $0 | $49.0m | $0 | — | |
| Purchase Of Interests In Associates | — | — | — | — | $13.5m | $0 | — | — | $400k | — | |
| Repayments Of Borrowings Classified As Financing Activities | $443.0m | $300.0m | $95.0m | $95.0m | $7.2m | $65.8m | $50.0m | $49.0m | $0 | — | |
| Profit for the year | ($327.8m) | $64.4m | ($11.7m) | ($28.5m) | ($150.3m) | ($262.8m) | $602.9m | $32.7m | $416.3m | $830.2m | |
| Proceeds from sales of goods and services | $1.0b | $1.2b | $1.2b | $783.0m | $708.2m | $945.6m | $809.7m | $782.4m | $1.1b | $1.5b | |
| Recovery of taxes | — | $102.5m | $106.7m | $45.7m | $43.0m | $28.2m | $32.8m | $48.4m | $35.5m | $98.0m | |
| Interest received | $2.1m | $3.2m | $2.4m | $4.3m | $1.7m | $207k | $2.9m | $5.1m | $5.2m | $19.0m | |
| Payments to suppliers and third parties, and other net | ($672.4m) | ($872.5m) | ($861.3m) | ($610.7m) | ($454.1m) | ($608.7m) | ($580.5m) | ($484.9m) | ($550.2m) | ($733.0m) | |
| Payments to and for employees | ($138.1m) | ($160.9m) | ($151.6m) | ($137.3m) | ($129.4m) | ($125.8m) | ($123.9m) | ($136.6m) | ($149.5m) | ($178.1m) | |
| Payments of royalties to third parties | ($20.1m) | ($20.2m) | ($13.2m) | ($4.7m) | ($6.2m) | ($7.0m) | ($11.1m) | ($12.8m) | ($15.8m) | ($16.2m) | |
| Payments for tax litigation | — | $0 | $0 | ($36.3m) | ($22.4m) | ($552.6m) | ($7.5m) | ($10.1m) | ($6.9m) | ($8.3m) | |
| Work in progress stockpiles write-off | — | — | — | — | — | $0 | $7.7m | $1.5m | $0 | $0 | |
| Accretion on the provision for remediation and mine closure | — | $4.6m | $4.3m | $4.0m | $4.2m | $3.7m | $4.6m | $9.9m | $11.2m | $11.4m | |
| Loss on materials obsolescence, net | — | — | — | — | — | $3.6m | $4.1m | $12.5m | $13.8m | $959k | |
| Gain on uncertain income tax positions | — | — | — | ($13.8m) | $1.3m | ($14.4m) | ($19.7m) | ($1.6m) | ($2.4m) | ($26.7m) | |
| Canceled capital projects | — | — | — | $0 | $6.3m | $195k | $18k | $2.2m | $0 | $0 | |
| Trade and other receivables | ($175.9m) | ($45.0m) | $60.1m | ($25.8m) | ($146.1m) | ($39.3m) | ($95.4m) | $113.4m | $78.5m | ($389.8m) | |
| Other accounts receivable | $2.0m | ($7.1m) | $2.0m | $3.5m | $623k | $3.0m | ($4.1m) | $1.2m | ($825k) | ($4.4m) | |
| Inventories and stockpiles and ore on leach pads | $87.9m | $135.4m | ($42.3m) | ($21.5m) | $24.3m | ($35.7m) | ($54.1m) | ($22.3m) | $35.9m | ($10.5m) | |
| Other non-financial assets | $113.4m | $227.0m | ($76.2m) | ($38.7m) | ($17.4m) | ($27.7m) | ($22.4m) | $52.2m | $9.4m | ($39.2m) | |
| Trade and other payables | $5.6m | $3.7m | $32.6m | ($2.5m) | ($30.1m) | $52.6m | $60.6m | ($31.4m) | ($9.9m) | $36.2m | |
| Other accounts payable | $70.9m | $49.9m | $48.1m | $37.1m | $47.4m | ($28.2m) | ($7.1m) | ($16.7m) | $2.7m | $18.7m | |
| Benefits to employees | $27.5m | $33.3m | ($50.4m) | ($8.3m) | $18.2m | $60.6m | ($16.7m) | ($26.4m) | $2.7m | $23.5m | |
| Other provisions | ($60.9m) | $70.6m | ($11.6m) | $52.6m | ($18.9m) | ($2.9m) | ($3.3m) | $2.1m | $14.9m | ($4.3m) | |
| Interest on lease payments | — | — | — | ($5.2m) | ($4.9m) | ($4.4m) | ($3.9m) | ($3.7m) | ($3.3m) | ($5.1m) | |
| Payments for acquisition of other assets | ($5.2m) | ($5.4m) | ($8.5m) | ($3.7m) | ($1.6m) | ($357k) | ($290k) | ($3.8m) | ($2.5m) | ($6.9m) | |
| Stripping activity asset | ($61.3m) | ($153.6m) | ($177.3m) | ($197.0m) | ($92.9m) | ($214.2m) | ($304.2m) | ($344.1m) | ($312.6m) | ($381.6m) | |
| Cash contribution in associates | — | — | — | — | — | — | $0 | $0 | ($400k) | $0 | |
| Issuance of Senior Notes, net of issuance costs | — | — | — | $0 | $0 | $539.3m | $0 | $0 | $0 | $634.3m | |
| Proceeds from bank loans | $200.5m | $341.2m | $95.0m | $55.0m | $18.0m | $50.0m | $0 | $49.0m | $0 | $0 | |
| Senior notes bonds issued, net of issuance costs | — | — | — | — | — | — | ($323.1m) | ($31.0m) | ($79.6m) | — | |
| Payments of financial obligations | ($33.5m) | ($32.6m) | ($45.2m) | ($186.2m) | ($39.0m) | ($21.6m) | ($323.1m) | ($31.0m) | ($79.6m) | ($556.8m) | |
| Payments of bank loans | ($443.0m) | ($300.0m) | ($95.0m) | ($95.0m) | ($7.2m) | ($65.8m) | ($50.0m) | ($49.0m) | $0 | $0 | |
| Lease payments | ($169k) | ($161k) | $0 | ($7.6m) | ($9.6m) | ($5.2m) | ($4.6m) | ($4.5m) | ($4.1m) | ($3.4m) | |
| Decrease (increase) of bank accounts in trust | — | — | ($410k) | ($166k) | $2.1m | $17k | ($733k) | $34k | $33k | $0 | |
| Changes in estimates of mine closure plans | — | $10.6m | $42.9m | $26.7m | $31.6m | ($3.3m) | ($21.9m) | $11.9m | $65.4m | $67.2m | |
| Additions of work in progress | — | — | — | — | — | — | — | $1.7m | $11.2m | $18.3m | |
| Leases additions | — | — | — | $19.9m | $5.2m | $3.0m | $11.7m | $1.1m | $497k | $2.6m | |
| Due from for sales of assets | — | — | — | — | $8.2m | $7.5m | $2.1m | $2.7m | $100k | $101k | |
| Changes on the provision for remediation and mine closure | — | ($3.7m) | ($32.0m) | $41.1m | ($37.6m) | $18.3m | $17.8m | ($40.4m) | $36.9m | $8.2m | |
| Beginning Cash Position | — | — | — | — | — | — | $377.0m | $253.9m | $219.8m | $478.4m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($370.5m) | ($55.6m) | ($109.5m) | ($48.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $205.8m | ($205.5m) | ($117.9m) | ($477.7m) | |
| Changes In Cash | — | — | — | — | — | — | ($123.1m) | ($34.1m) | $258.6m | $51.4m | |
| Classesof Cash Payments | — | — | — | — | — | — | ($846.9m) | ($716.8m) | ($829.0m) | ($1.1b) | |
| End Cash Position | — | — | — | — | — | — | $253.9m | $219.8m | $478.4m | $529.8m | |
| Financing Cash Flow | — | — | — | — | — | — | ($370.5m) | ($55.6m) | ($109.5m) | ($48.2m) | |
| Free Cash Flow | — | — | — | — | — | — | ($110.3m) | ($11.6m) | $148.3m | $104.3m | |
| Interest Received Direct | — | — | — | — | — | — | $2.9m | $5.1m | $5.2m | $19.0m | |
| Investing Cash Flow | — | — | — | — | — | — | $205.8m | ($205.5m) | ($117.9m) | ($477.7m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $298.3m | $27.0m | $660k | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($138.9m) | ($229.0m) | ($326.6m) | ($470.8m) | |
| Paymentson Behalfof Employees | — | — | — | — | — | — | ($123.9m) | ($136.6m) | ($149.5m) | ($178.1m) | |
| Paymentsto Suppliersfor Goodsand Services | — | — | — | — | — | — | ($580.5m) | ($527.2m) | ($597.9m) | ($733.0m) | |
| Purchase Of Business | — | — | — | — | — | — | ($1.7m) | $0 | ($400k) | $0 | |
| Purchase Of PPE | — | $259.5m | $111.3m | $71.5m | — | $90.3m | ($152.0m) | ($238.7m) | ($337.7m) | ($473.0m) | |
| Receiptsfrom Customers | — | — | — | — | — | — | $809.7m | $782.4m | $1.1b | $1.5b | |
| Sale Of Business | — | — | — | — | — | — | $300.0m | $27.0m | $1.1m | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $13.1m | $9.7m | $11.1m | $2.2m | |
| Profit or Loss | ($327.8m) | $64.4m | ($11.7m) | ($28.5m) | ($150.3m) | ($262.8m) | $602.9m | $32.7m | $416.3m | — | |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | $7.2m | $2.0m | $2.2m | $726k | $24.4m | $739k | $13.1m | $9.7m | $11.1m | ($473.0m) | |
| Capital Expenditure | — | — | — | — | — | — | ($152.0m) | ($238.7m) | ($337.7m) | ($473.0m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $1.6m | $245k | $210.5m | $0 | |
| Proceeds from sale of investments | — | — | — | $0 | $0 | $3.6m | $1.6m | $0 | $0 | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $1.6m | $245k | $210.5m | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | $44.7m | ($3.8m) | ($2.5m) | ($6.9m) | |
| Net cash flows used in investing activities | ($364.9m) | ($138.2m) | ($117.6m) | ($105.6m) | ($62.2m) | ($86.3m) | $205.8m | ($205.5m) | ($117.9m) | ($477.7m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $0 | $49.0m | $0 | $634.3m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $49.0m | $0 | $634.3m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($54.6m) | ($4.5m) | ($4.1m) | $631.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($54.6m) | ($4.5m) | ($4.1m) | $631.0m | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($15.8m) | ($50.0m) | — | — | — | |
| Short Term Debt Issuance | — | — | — | — | — | $50.0m | $0 | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($54.6m) | ($53.5m) | ($4.1m) | ($3.4m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($54.6m) | ($53.5m) | ($4.1m) | ($3.4m) | |
| Short Term Debt Payments | — | — | — | — | — | ($65.8m) | ($50.0m) | — | — | — | |
| Dividends paid | ($15) | ($28) | $28 | $29 | $5 | $6 | $21 | $20 | $26 | — | |
| Dividends Received From Associates Classified As Investing Activities | — | — | — | — | $4 | $148 | $79 | $147 | $169 | — | |
| Dividends received from associates | — | — | $47 | $33 | $4 | $148 | $79 | $147 | $169 | $118 | |
| Dividends received from financial investments | $142.3m | $9.8m | $46.8m | $33.4m | $2.5m | $3.4m | $0 | $150k | $1.1m | $1.1m | |
| Dividends | ($300.0m) | $0 | ($200.0m) | ($150.0m) | $0 | ($700.0m) | ($400.0m) | ($750.0m) | ($850.0m) | ($550.0m) | |
| Cash Dividends Paid | — | — | — | — | — | $0 | — | ($18.5m) | — | — | |
| Dividends Received Direct | — | — | — | — | — | — | $79.1m | $147.4m | $170.0m | $119.2m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($315.9m) | ($51.1m) | ($105.4m) | ($679.2m) | |
| Net cash flows used in financing activities | ($24.5m) | $59.6m | ($74.1m) | ($100.6m) | ($35.3m) | $425.3m | ($370.5m) | ($55.7m) | ($109.5m) | ($48.2m) | |
| Increase (decrease) in cash and cash equivalents for the year, net | $2.0m | $134.0m | $154.6m | ($159.2m) | $25.4m | $141.6m | ($123.1m) | ($34.1m) | $258.6m | $51.4m | |
| Cash and cash equivalents at beginning of year | $80.5m | $214.6m | $369.2m | $210.0m | $235.4m | $377.0m | $253.9m | $219.8m | $478.4m | $529.8m | |
| Reversal of Supplemental fund retirement deferred | — | — | — | — | — | — | — | $0 | ($5.4m) | $0 | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($123.1m) | ($34.1m) | $258.6m | $51.4m | |
| Interest Paid Classified As Operating Activities | $34.1m | $30.4m | $27.7m | $28.3m | $21.7m | $14.5m | $41.1m | $39.6m | $38.2m | ($11.5m) | |
| Income Taxes Paid Refund Classified As Operating Activities | $35.4m | $38.1m | $30.9m | $24.9m | ($20.1m) | ($15.7m) | ($934.1m) | ($606.4m) | ($547.9m) | ($651.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.