Lundin Mining 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	1,623	1,418	267.6	276.85	463.53	879.3
Depreciation & Amortization	615.1	618.9	574.2	497.87	554.75	522.76
Stock-Based Compensation	14.2	12.4	6.4	7.3	7.8	14.84
Other Adjustments	-524.2	-352.9	336.7	212.38	47.99	233.46
Changes in Inventories	-1.9	5.8	-7.2	-71.92	10.26	-68.59
Changes in Unearned Revenue	-69.1	-72.1	-78.1	-64.7	-73.61	-83.33
Changes in Other Operating Activities	1,491	920.7	1,731	986.07	-133.84	-13.5
Operating Cash Flow	1,658	1,343	1,519	1,017	876.89	1,485
Operating Cash Flow Growth	16.05%	-11.61%	49.41%	15.93%	-40.95%	162.41%
Capital Expenditures	-691.2	-684.6	-786.1	-857.14	-842.9	-532.1
Purchases of Investments	-5	-5	-41.7	-	-	-
Payments for Business Acquisitions	-	-610.7	-	-648.57	-126.38	-
Proceeds from Business Divestments	1,317	2,004	-	5.72	16.83	-
Other Investing Activities	608.1	634.4	-1,014	-1,693	-60.91	12.08
Investing Cash Flow	600.5	631	-1,007	-1,675	-1,013	-520.01
Long-Term Debt Issued	779.9	1,715	1,501	2,491	282.94	33.17
Long-Term Debt Repaid	-2,334	-3,245	-944.3	-1,449	-160.82	-195.81
Net Long-Term Debt Issued (Repaid)	-1,554	-1,530	556.3	1,041	122.11	-162.64
Issuance of Common Stock	14.3	10.2	21	11.38	26.18	15.28
Repurchase of Common Stock	-122.4	-153.7	-24.4	-	-59.41	-40.71
Net Common Stock Issued (Repurchased)	-108.1	-143.5	-3.4	11.38	-33.23	-25.44
Common Dividends Paid	-105.7	-105.7	-202.5	-206.54	-275.45	-227.39
Other Financing Activities	-2,329	-2,390	-1,038	594.55	-65.06	-81.17
Financing Cash Flow	-2,117	-2,089	-344.3	728.59	-251.63	-496.64
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1.6	1.5	-4.2	6.74	-14.58	-15.68
Net Cash Flow	112	-114.1	163.5	77.41	-402.68	452.62
Free Cash Flow	966.5	658	732.8	159.47	33.99	952.86
Free Cash Flow Growth	46.88%	-10.21%	359.51%	369.23%	-96.43%	607.64%
FCF Margin	22.75%	16.23%	22.41%	5.81%	1.12%	28.62%
Free Cash Flow Per Share	1.13	0.77	0.94	0.21	0.04	1.29
Levered Free Cash Flow	1,231	541.4	1,786	1,773	63.63	442.96
Unlevered Free Cash Flow	2,217	1,618	1,490	486.2	-477.9	354.83

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.