MAC Copper Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-56.2	-81.69	-144.55	-24.97	12.98
Depreciation & Amortization	77.88	78.36	46.72	-	-
Loss (Gain) From Sale of Investments	28.62	80.65	47.26	-1.48	-
Other Operating Activities	55.67	29.87	17.87	16.71	-14.32
Change in Accounts Receivable	-6.37	25.2	-31.46	-	-
Change in Inventory	-12.06	-6.59	11.07	-	-
Change in Accounts Payable	6.95	-0.58	-2.47	0.32	-
Change in Other Net Operating Assets	32.61	-8.48	43.85	6.53	0.09
Operating Cash Flow	127.09	116.74	-11.71	-2.9	-1.25
Capital Expenditures	-69.3	-60.41	-25.15	-	-
Sale of Property, Plant & Equipment	-	-	16.56	-	-
Cash Acquisitions	-5.48	-79.87	-770.52	-	-
Investment in Securities	1.02	-1.85	-	-	-
Other Investing Activities	-	-23.21	-	-	-318.18
Investing Cash Flow	-73.76	-165.34	-779.11	-	-318.18
Short-Term Debt Issued	-	-	16.38	1.99	-
Long-Term Debt Issued	-	-	501.66	-	-
Total Debt Issued	62.73	-	518.04	1.99	0.18
Short-Term Debt Repaid	-	-11.52	-1.87	-	-
Long-Term Debt Repaid	-	-83.28	-25.3	-	-
Total Debt Repaid	-194.5	-94.8	-27.17	-	-0.18
Net Debt Issued (Repaid)	-131.78	-94.8	490.87	1.99	-
Issuance of Common Stock	97.87	302.67	332.28	-	321.78
Other Financing Activities	-	-12.97	-	-	-1.21
Financing Cash Flow	-33.9	194.9	823.14	1.99	320.57
Foreign Exchange Rate Adjustments	-6.05	-6.77	-	-	-
Net Cash Flow	13.37	139.53	32.33	-0.91	1.15
Free Cash Flow	57.79	56.33	-36.86	-2.9	-1.25
Free Cash Flow Margin	17.96%	16.53%	-23.18%	-	-
Free Cash Flow Per Share	0.72	0.79	-1.23	-0.44	-0.06
Cash Interest Paid	35.43	47.07	9.32	-	-
Levered Free Cash Flow	126.97	-20.78	114.08	2.75	-
Unlevered Free Cash Flow	167.69	15.82	138.82	15.4	-
Change in Working Capital	21.13	9.55	21	6.85	0.09

Source: S&P Global Market Intelligence. Standard template. Financial Sources.