Hemlo Mining 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-36.93	-0.09	26.12
Depreciation & Amortization	0.14	-	29.06
Stock-Based Compensation	3.35	0.01	-
Other Operating Activities	30.36	-	18.97
Change in Accounts Receivable	-4.17	-	-0.03
Change in Inventory	-16.96	-	-4.44
Change in Accounts Payable	0.9	-0	0.85
Change in Income Taxes	1.61	-	-
Change in Other Net Operating Assets	-2.94	0.01	-12.19
Operating Cash Flow	-24.63	-0.08	58.34
Capital Expenditures	-7.31	-	-41.25
Cash Acquisitions	-877.93	-	-
Other Investing Activities	-1.87	-	-
Investing Cash Flow	-887.11	-	-41.25
Long-Term Debt Issued	226.78	-	-
Long-Term Debt Repaid	-0.18	-	-2.66
Net Debt Issued (Repaid)	226.6	-	-2.66
Issuance of Common Stock	541	0.06	-
Common Dividends Paid	-	-	-14.13
Other Financing Activities	274.23	-	-
Financing Cash Flow	1,042	0.06	-16.79
Foreign Exchange Rate Adjustments	1.65	-0.02	-
Net Cash Flow	131.74	-0.04	0.31
Free Cash Flow	-31.94	-0.08	17.09
Free Cash Flow Margin	-	-	6.26%
Free Cash Flow Per Share	-0.88	-0.02	-
Cash Interest Paid	1.5	-	0.12
Cash Income Tax Paid	-	-	4.2
Levered Free Cash Flow	-7	-27.94	-
Unlevered Free Cash Flow	-5.93	-27.94	-
Change in Working Capital	-21.56	0	-15.8

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