Fresnillo Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,384	140.92	233.91	271.9	421.21
Depreciation & Amortization	490.6	620.87	498.47	501.77	529.39
Loss (Gain) From Sale of Assets	-	-25.15	-0.88	0.31	-5.04
Asset Writedown & Restructuring Costs	-	1.7	1.92	11.32	-
Other Operating Activities	543.2	724.38	-328.12	-216.96	-108.42
Change in Accounts Receivable	-	-196.2	-45.6	7.2	85.58
Change in Inventory	-	50.56	54.63	-99.56	-44.6
Change in Accounts Payable	-	-28.02	1.2	40.28	19.25
Change in Other Net Operating Assets	-128.1	10.74	10.4	-14.06	-2.23
Operating Cash Flow	2,290	1,300	425.92	502.19	895.14
Operating Cash Flow Growth	76.16%	205.17%	-15.19%	-43.90%	-2.46%
Capital Expenditures	-400.1	-370.54	-483.41	-592.13	-592.05
Sale of Property, Plant & Equipment	16.6	12.56	1.59	1.36	6.04
Investment in Securities	178.3	-183.77	-2.31	-	-
Other Investing Activities	85.9	76.29	114.6	76.59	84.45
Investing Cash Flow	-119.3	-465.46	-369.53	-514.18	-501.57
Long-Term Debt Issued	-	-	22.73	8.14	41.67
Total Debt Issued	-	-	22.73	8.14	41.67
Long-Term Debt Repaid	-	-97.8	-356.91	-15.13	-5.97
Net Debt Issued (Repaid)	-	-97.8	-334.19	-6.99	35.69
Common Dividends Paid	-654.3	-78.16	-108.35	-201.95	-245.56
Other Financing Activities	-57.4	-72.32	-53.3	-45.17	-17.45
Financing Cash Flow	-711.7	-248.28	-495.83	-254.11	-227.32
Foreign Exchange Rate Adjustments	-	-10.23	4.96	-0.12	-1.39
Net Cash Flow	1,459	575.83	-434.48	-266.22	164.87
Free Cash Flow	1,890	929.26	-57.49	-89.94	303.09
Free Cash Flow Growth	103.34%	-	-	-	-40.02%
Free Cash Flow Margin	41.43%	26.58%	-2.13%	-3.70%	11.21%
Free Cash Flow Per Share	-	1.26	-0.08	-0.12	0.41
Cash Interest Paid	-	45.92	62.96	55.31	49.33
Cash Income Tax Paid	369.5	94.96	233.06	158.34	349.84
Levered Free Cash Flow	1,761	607.39	-18.83	-101.48	488.98
Unlevered Free Cash Flow	1,761	635.78	19.9	-61.71	519.85
Change in Working Capital	-128.1	-162.92	20.63	-66.15	58

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.