Kinross Gold Corporation (KGCRF)

Kinross Gold Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	2,470	994	415.4	30.6	-30.7
Depreciation & Amortization	1,105	1,148	986.8	784	695.7
Stock-Based Compensation	13.1	9	6.7	9.3	10.8
Other Adjustments	551.1	406.3	261	432.6	256.3
Change in Receivables	9.5	27.5	68.7	17.9	-70.1
Changes in Inventories	-83.9	14.3	-91.4	-261.6	-125
Changes in Accounts Payable	114.1	26	95.5	130.4	116.2
Changes in Other Operating Activities	-418.4	-178.2	-137.4	-93.1	282
Operating Cash Flow	3,760	2,446	1,605	1,003	695.1
Operating Cash Flow Growth	53.72%	52.40%	60.13%	44.22%	-64.49%
Capital Expenditures	-1,194	-1,076	-1,098	-764.2	-821.7
Purchases of Investments	-72.1	-43.2	-	-	-66.3
Proceeds from Sale of Investments	189.8	4.8	1.7	-67.2	-
Payments for Business Acquisitions	-	-	-	-1,028	-
Other Investing Activities	73.1	-66	-25.6	257.1	-304.6
Investing Cash Flow	-1,003	-1,180	-1,122	-1,602	-1,193
Long-Term Debt Issued	-	-	588.1	1,298	200
Long-Term Debt Repaid	-700	-800	-960	-340	-500
Net Long-Term Debt Issued (Repaid)	-700	-800	-371.9	957.6	-300
Repurchase of Common Stock	-600.3	-	-	-300.8	-100.2
Net Common Stock Issued (Repurchased)	-600.3	-	-	-300.8	-100.2
Common Dividends Paid	-152.1	-147.5	-147.3	-154	-151.1
Other Financing Activities	-175.6	-58.4	-29.8	-65.3	-71.9
Financing Cash Flow	-1,628	-1,006	-549	437.5	-623.2
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1.7	-1.5	0.2	0.8	1.2
Net Cash Flow	1,131	259.1	-65.7	-113.4	-679.4
Free Cash Flow	2,566	1,371	507	238.3	-126.6
Free Cash Flow Growth	87.20%	170.39%	112.76%	-	-
FCF Margin	36.40%	26.63%	11.96%	6.90%	-4.87%
Free Cash Flow Per Share	2.10	1.11	0.41	0.18	-0.10
Levered Free Cash Flow	1,213	82.9	-200.4	785	-182.7
Unlevered Free Cash Flow	2,057	967.62	225	-170.75	120.94

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.