Capstone 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	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	311.16	82.91	-101.67	122.2	226.83	12.56
Depreciation & Amortization	95.75	236.6	179.55	144.09	-25.4	60.87
Other Amortization	180.72	79.55	57.34	32.09	26.25	22.2
Loss (Gain) From Sale of Assets	3.53	-	-	-0.23	-	0.34
Stock-Based Compensation	15.44	16.01	19.01	31.76	74.01	27.03
Other Operating Activities	133.13	-13.23	53.24	-148.67	229.87	12.62
Change in Accounts Receivable	-62.26	-11.4	46.84	-35.52	-8.7	5.93
Change in Inventory	-59.13	-40.02	-0.45	54.02	-5	-6.13
Change in Accounts Payable	34.61	17.41	-101.23	-61.91	2.35	19.42
Change in Other Net Operating Assets	25.05	30.8	-35.8	-50.41	33.13	-7.66
Operating Cash Flow	678	398.64	116.82	87.42	553.35	147.17
Operating Cash Flow Growth	131.64%	241.25%	33.62%	-84.20%	275.99%	58.45%
Capital Expenditures	-488.16	-508.29	-678.27	-590.66	-133.43	-97.53
Sale of Property, Plant & Equipment	-0.12	1.4	2.17	-	-	-
Cash Acquisitions	0.07	0.07	-	219.21	-	-
Investment in Securities	0.05	0.05	2.83	0.71	1.17	1.12
Other Investing Activities	-0.08	-	-	-	-11.44	0.03
Investing Cash Flow	-488.24	-506.77	-673.28	-370.74	-143.69	-96.37
Long-Term Debt Issued	-	331.5	674.28	542.24	32	45
Long-Term Debt Repaid	-	-441.83	-163.09	-271.47	-220.22	-71.6
Net Debt Issued (Repaid)	119.94	-110.33	511.18	270.78	-188.22	-26.6
Issuance of Common Stock	0.79	256.72	2.72	3.11	4.36	2.87
Other Financing Activities	-138.09	-30.45	-5.44	-81.75	-20.42	-10.4
Financing Cash Flow	-17.36	115.94	508.47	192.14	-204.28	-34.13
Foreign Exchange Rate Adjustments	-0.91	-2.23	3.7	-0.61	0.14	-0.02
Net Cash Flow	171.49	5.58	-44.29	-91.79	205.51	16.64
Free Cash Flow	189.84	-109.65	-561.45	-503.24	419.92	49.65
Free Cash Flow Growth	-	-	-	-	745.83%	-
Free Cash Flow Margin	8.95%	-6.86%	-41.73%	-38.83%	52.84%	10.94%
Free Cash Flow Per Share	0.25	-0.15	-0.81	-0.80	1.01	0.13
Cash Interest Paid	126.37	30.99	6.59	7.59	3.52	11.4
Cash Income Tax Paid	48.08	24.87	21.7	69.94	33.27	5.24
Levered Free Cash Flow	33.7	-70.71	-419.64	-366.93	286.39	45.03
Unlevered Free Cash Flow	105.49	-52.06	-413.93	-372.04	298.12	54.57
Change in Working Capital	-61.73	-3.2	-90.64	-93.81	21.78	11.55

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