Hemlo Mining 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	107.7	61.24	26.12
Depreciation & Amortization	36.98	37.18	29.06
Other Operating Activities	29.23	16.5	18.97
Change in Accounts Receivable	0.01	-0.03	-0.03
Change in Inventory	-0.9	2.08	-4.44
Change in Accounts Payable	6.89	1.7	0.85
Change in Other Net Operating Assets	-10.41	2.18	-12.19
Operating Cash Flow	169.48	120.85	58.34
Operating Cash Flow Growth	-	107.14%	-
Capital Expenditures	-40.33	-38.04	-41.25
Sale of Property, Plant & Equipment	-0.89	0.21	-
Investing Cash Flow	-41.94	-37.83	-41.25
Long-Term Debt Repaid	-	-3.03	-2.66
Net Debt Issued (Repaid)	-1.54	-3.03	-2.66
Common Dividends Paid	-129.72	-83.99	-14.13
Financing Cash Flow	-131.26	-87.02	-16.79
Net Cash Flow	-3.72	-4.01	0.31
Free Cash Flow	129.15	82.8	17.09
Free Cash Flow Growth	-	384.43%	-
Free Cash Flow Margin	30.31%	23.99%	6.26%
Cash Interest Paid	1.2	0.81	0.12
Cash Income Tax Paid	30.23	14.16	4.2
Levered Free Cash Flow	-	80.87	-
Unlevered Free Cash Flow	-	81.38	-
Change in Working Capital	-4.42	5.93	-15.8

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