Kinross Gold Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,865	2,390	948.8	416.3	-605.2	221.2
Depreciation & Amortization	1,092	1,105	1,148	1,024	809.5	706.3
Asset Writedown & Restructuring Costs	-116.1	-116.1	-74.1	-	243.2	49.3
Loss (Gain) From Sale of Investments	-63	-63	-	-	-	-
Stock-Based Compensation	15.1	13.1	9	6.7	9.3	10.8
Other Operating Activities	425.8	391.7	347.4	85.7	659	-213.6
Change in Accounts Receivable	5	9.5	27.5	68.7	17.9	-70.1
Change in Inventory	-9.7	-83.9	14.3	-91.4	-261.6	-125
Change in Accounts Payable	78.4	114.1	26	95.5	130.4	116.2
Operating Cash Flow	4,293	3,761	2,446	1,605	1,050	1,135
Operating Cash Flow Growth	60.24%	53.72%	52.40%	52.87%	-7.50%	-42.01%
Capital Expenditures	-1,283	-1,214	-1,168	-1,212	-807.9	-869.5
Cash Acquisitions	-	-	-	-	-1,028	-
Investment in Securities	101.5	117.7	-38.4	1.7	-67.2	-66.3
Other Investing Activities	103.7	92.9	26.6	88.5	300.8	-256.8
Investing Cash Flow	-1,078	-1,003	-1,180	-1,122	-1,602	-1,193
Long-Term Debt Issued	-	-	-	588.1	1,298	200
Long-Term Debt Repaid	-	-707.2	-812.1	-990.2	-363.2	-533.8
Net Debt Issued (Repaid)	-507.9	-707.2	-812.1	-402.1	934.4	-333.8
Repurchase of Common Stock	-862.5	-600.3	-	-	-300.8	-100.2
Common Dividends Paid	-163.1	-152.1	-147.5	-147.3	-154	-151.1
Other Financing Activities	-191.9	-168.4	-46.3	0.4	-42.1	-38.1
Financing Cash Flow	-1,725	-1,628	-1,006	-549	437.5	-623.2
Foreign Exchange Rate Adjustments	0.8	1.7	-1.5	0.2	0.8	1.2
Net Cash Flow	1,490	1,131	259.1	-65.7	-113.4	-679.4
Free Cash Flow	3,010	2,547	1,278	392.9	242.2	265.7
Free Cash Flow Growth	92.12%	99.21%	225.35%	62.22%	-8.85%	-73.26%
Free Cash Flow Margin	37.80%	36.12%	24.83%	9.27%	7.01%	10.22%
Free Cash Flow Per Share	2.47	2.08	1.03	0.32	0.19	0.21
Cash Interest Paid	58.4	65.2	35.6	53.2	52.4	46.9
Cash Income Tax Paid	688.7	418.4	178.2	137.4	140.7	158.1
Levered Free Cash Flow	2,847	2,383	992.85	254.73	177.43	-431.5
Unlevered Free Cash Flow	2,888	2,434	1,024	297.85	220.05	-386.75
Change in Working Capital	73.7	39.7	67.8	72.8	-113.3	-78.9

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