Andean Precious Metals 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	77.47	19.22	41.94	-10.09	4.27	45.96
Depreciation & Amortization	17.47	21.78	6.59	8.21	11.33	11.24
Other Amortization	-	-	-	-	2.37	-
Loss (Gain) From Sale of Assets	0.09	0.52	0.52	-	-	-
Loss (Gain) From Sale of Investments	-31.29	0.53	1.26	-0.71	2.46	-1.73
Stock-Based Compensation	1.44	1.03	0.67	2.16	1.8	-
Other Operating Activities	35.45	14.32	-38.47	0.82	16.71	-17.21
Change in Accounts Receivable	-1.07	-0.78	-0.47	-0.2	-	-
Change in Inventory	-21.31	-15.07	1.45	-2.98	1.94	-0.58
Change in Accounts Payable	-3.39	5.99	4.28	1.23	0.76	2.23
Change in Income Taxes	-4.88	-	-	-0.49	-	-
Change in Other Net Operating Assets	-4.33	9.1	-8.45	-0.69	-4.75	-2.78
Operating Cash Flow	65.65	56.64	9.31	-2.74	33.62	37.44
Operating Cash Flow Growth	56.25%	508.55%	-	-	-10.21%	237.81%
Capital Expenditures	-24.62	-22.11	-6.02	-2.2	-3.38	-2.18
Sale of Property, Plant & Equipment	1.55	1.55	-	-	-	-
Cash Acquisitions	-4.61	-4.61	-12.92	-	0.08	-
Investment in Securities	3.63	-35.12	-1.22	-1.52	-0.61	-0.71
Other Investing Activities	-1.27	-	-0.36	-	-	33.13
Investing Cash Flow	-25.31	-60.28	-20.52	-3.72	-3.91	30.24
Long-Term Debt Issued	-	19.41	-	-	-	3.78
Short-Term Debt Repaid	-	-	-	-	-	-3.52
Long-Term Debt Repaid	-	-9.82	-7.8	-0.15	-0.22	-44.6
Total Debt Repaid	-36.94	-9.82	-7.8	-0.15	-0.22	-48.12
Net Debt Issued (Repaid)	-26.52	9.59	-7.8	-0.15	-0.22	-44.35
Issuance of Common Stock	-	-	-	-	19.62	10
Repurchase of Common Stock	-2.27	-4.58	-1.66	-0.2	-	-
Other Financing Activities	1.7	1.7	0.14	1.07	-	-9.65
Financing Cash Flow	-27.1	6.71	-9.32	0.72	19.4	-43.99
Foreign Exchange Rate Adjustments	-16.55	-5.53	4.35	-0.81	-0.37	0.79
Miscellaneous Cash Flow Adjustments	-	-	0.36	-	-	-
Net Cash Flow	-3.3	-2.47	-15.82	-6.55	48.74	24.48
Free Cash Flow	41.03	34.53	3.29	-4.94	30.23	35.26
Free Cash Flow Growth	74.54%	949.39%	-	-	-14.25%	368.90%
Free Cash Flow Margin	13.72%	13.59%	2.63%	-4.58%	20.96%	26.98%
Free Cash Flow Per Share	0.27	0.22	0.02	-0.03	0.20	0.29
Cash Income Tax Paid	3.04	3.04	-4.09	-	-	-
Levered Free Cash Flow	22.55	20.24	-34.94	-8.1	38.52	61.79
Unlevered Free Cash Flow	25.89	23.73	-34.56	-7.99	38.74	63.5
Change in Working Capital	-34.98	-0.76	-3.19	-3.12	-2.06	-1.13

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.