Equinox Gold 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	221.47	339.29	28.88	-106.03	554.89
Depreciation & Amortization	517.52	222.62	216.12	188.84	198.13
Loss (Gain) From Sale of Assets	-	-	-	12.23	-81.97
Loss (Gain) From Sale of Investments	-	-579.82	-34.47	-	-186.07
Loss (Gain) on Equity Investments	-	-	17.47	6.18	-
Provision & Write-off of Bad Debts	-	-	13.8	0.45	-
Other Operating Activities	176.12	448.11	285.65	42.63	-220.86
Change in Accounts Receivable	13.32	6.96	-27.09	-14.42	-3.82
Change in Inventory	-157.79	-72.37	-165.7	-69.61	20.22
Change in Accounts Payable	29.92	18.74	20.08	1.13	37.41
Change in Other Net Operating Assets	17.79	-11.35	3.72	-4.93	2.84
Operating Cash Flow	818.35	372.18	358.46	56.47	320.78
Operating Cash Flow Growth	119.88%	3.83%	534.75%	-82.39%	25.41%
Capital Expenditures	-692.35	-412.07	-523.3	-557.07	-395.13
Sale of Property, Plant & Equipment	83.23	-	-	53.25	90.48
Cash Acquisitions	153.11	-744.11	-	-	8.27
Investment in Securities	3.02	48.19	67.28	81.26	-40.86
Other Investing Activities	-5.69	-3.73	-6.65	3.57	-10.32
Investing Cash Flow	-458.67	-1,112	-462.67	-419	-347.57
Long-Term Debt Issued	85	560	426.17	299.8	-
Long-Term Debt Repaid	-121.37	-29.49	-327.72	-37.18	-55.29
Net Debt Issued (Repaid)	-36.37	530.51	98.45	262.62	-55.29
Issuance of Common Stock	-	349.23	45.29	19.48	77.25
Other Financing Activities	-135.52	-87.26	-51.24	-27.79	-23.55
Financing Cash Flow	-171.89	792.48	92.5	254.31	-1.6
Foreign Exchange Rate Adjustments	2.9	-5.61	2.94	-1.09	-6.47
Net Cash Flow	190.68	47.33	-8.77	-109.3	-34.85
Free Cash Flow	126	-39.89	-164.84	-500.6	-74.35
Free Cash Flow Margin	6.93%	-4.37%	-15.15%	-52.57%	-6.87%
Free Cash Flow Per Share	0.20	-0.08	-0.52	-1.65	-0.22
Cash Interest Paid	132.58	112.65	65.86	33.59	22.11
Cash Income Tax Paid	129.23	19.6	13.57	22.12	24.93
Levered Free Cash Flow	-305.67	79.27	-372.5	-292.19	-283.16
Unlevered Free Cash Flow	-193.62	136.34	-334.87	-266.97	-257.19
Change in Working Capital	-96.76	-58.01	-168.99	-87.82	56.66

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