Minera Valparaiso 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	171.46	243.98	333.11	413.91	436.65	95.87
Depreciation & Amortization	235.27	213.47	204.83	218.98	212.48	245.48
Other Amortization	3.79	2.01	1.18	0.67	0.84	1.28
Other Operating Activities	203.58	68.21	253.3	9.22	-141.51	157.78
Operating Cash Flow	614.1	527.68	792.42	642.77	508.46	500.4
Operating Cash Flow Growth	23.30%	-33.41%	23.28%	26.41%	1.61%	-27.59%
Capital Expenditures	-317.17	-236.03	-521.76	-274.43	-252.93	-112.56
Sale of Property, Plant & Equipment	1.23	1.23	5.15	-	0.18	0.18
Cash Acquisitions	-402.89	-403.52	-6.16	-	-	-
Investment in Securities	-	-	-	-	-	-5.34
Other Investing Activities	-688.84	835.81	186.85	-35.21	985.68	44.14
Investing Cash Flow	-1,408	197.49	-335.92	-309.64	732.92	-73.57
Short-Term Debt Issued	-	0.64	5.01	3.53	245.26	46.91
Long-Term Debt Issued	-	200	108.84	258.84	600	500
Total Debt Issued	750.13	200.64	113.85	262.37	845.26	546.91
Short-Term Debt Repaid	-	-0.07	-3.75	-0.16	-	-
Long-Term Debt Repaid	-	-241.3	-44.53	-376.69	-79.38	-426.51
Total Debt Repaid	-301.59	-241.36	-48.28	-376.86	-79.38	-426.51
Net Debt Issued (Repaid)	448.54	-40.72	65.57	-114.49	765.88	120.41
Common Dividends Paid	-186.34	-235.42	-301.69	-286.73	-1,066	-325.66
Other Financing Activities	-179.46	-99.57	-98.65	-110.99	-79.06	-125.45
Financing Cash Flow	82.74	-375.71	-334.77	-512.21	-1,072	-525.7
Foreign Exchange Rate Adjustments	-6.29	-15.84	-0.86	-12.44	-41.96	15.35
Net Cash Flow	-717.12	333.61	120.87	-191.52	127.01	-83.52
Free Cash Flow	296.93	291.65	270.66	368.34	255.53	387.85
Free Cash Flow Growth	62.94%	7.75%	-26.52%	44.15%	-34.12%	-35.11%
Free Cash Flow Margin	18.70%	18.50%	13.51%	18.66%	17.74%	28.74%
Free Cash Flow Per Share	2.38	2.33	2.17	2.95	2.04	3.10
Cash Interest Paid	101.59	96.19	98.67	90.3	79.46	81.27
Cash Income Tax Paid	81.31	129.42	32.92	243.9	111.66	142.28
Levered Free Cash Flow	-85.22	108.99	-269.62	321.8	164.52	189.79
Unlevered Free Cash Flow	-39.57	150.1	-216.42	374.79	213.91	238.85

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