First Quantum Minerals 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	-65	-108	-1,243	1,149	1,089
Depreciation & Amortization	718	633	1,121	1,230	1,174
Stock-Based Compensation	58	54	50	47	33
Other Adjustments	1,734	930	2,167	799	1,156
Change in Receivables	-477	50	277	-111	-31
Changes in Inventories	-40	-5	-147	-144	-24
Changes in Accounts Payable	32	-275	-22	39	37
Changes in Income Taxes Payable	-378	-128	-625	-548	-455
Changes in Unearned Revenue	500	500	-	-	-
Changes in Other Operating Activities	-	-	-151	-129	-94
Operating Cash Flow	2,082	1,651	1,427	2,332	2,885
Operating Cash Flow Growth	26.11%	15.70%	-38.81%	-19.17%	78.86%
Capital Expenditures	-1,224	-1,340	-1,326	-1,191	-999
Payments for Business Acquisitions	-	-	-105	-	-100
Other Investing Activities	23	46	51	21	1
Investing Cash Flow	-1,201	-1,294	-1,380	-1,170	-1,098
Long-Term Debt Issued	2,566	2,967	2,759	2,532	3,204
Long-Term Debt Repaid	-3,301	-4,004	-2,800	-3,168	-3,378
Net Long-Term Debt Issued (Repaid)	-735	-1,037	-41	-636	-174
Issuance of Common Stock	-	1,103	-	-	-
Net Common Stock Issued (Repurchased)	-	1,103	-	-	-
Common Dividends Paid	-	-	-93	-75	-5
Other Financing Activities	-312	-567	-642	-620	-662
Financing Cash Flow	-1,047	-501	-776	-1,331	-841
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1	-3	-	-2	-1
Net Cash Flow	-165	-147	-729	-171	945
Free Cash Flow	858	311	101	1,141	1,886
Free Cash Flow Growth	175.88%	207.92%	-91.15%	-39.50%	88.04%
FCF Margin	16.38%	6.48%	1.56%	14.96%	26.15%
Free Cash Flow Per Share	1.03	0.38	0.15	1.65	-
Levered Free Cash Flow	-1,155	-1,650	-2,145	-345	297
Unlevered Free Cash Flow	-529.7	-927.43	-950.51	1,010	1,127

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