Cash flow Fresnillo plc

Stocks

FRES

GB00B2QPKJ12

Diversified Mining

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2,424.50 ^GBX	-1.24%		-8.16%	-27.38%

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7863ea7237b303ca2a364ee708f1f92._k78HZhHWf9R3ycDQJ_r30UX7XyCAaBmS1ft5o5vMiI.qzSQKMByBrQiq1R5J-q47yBGmBH0N40yODq6nOA6cBqtJKRY6RcKkwOHFw

Published financial data: FRESNILLO PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.7B	2.43B	2.71B	3.5B	4.56B
Total Revenues	2.7B	2.43B	2.71B	3.5B	4.56B
Cost of Goods Sold, Total	1.76B	1.89B	2.21B	2.25B	1.9B
Gross Profit	942M	539M	500M	1.24B	2.66B
Selling General & Admin Expenses, Total	129M	120M	163M	157M	186M
Exploration / Drilling Costs, Total	130M	165M	182M	162M	172M
Other Operating Expenses	21.93M	-269K	-4.03M	191M	205M
Other Operating Expenses, Total	281M	285M	341M	510M	563M
Operating Income	661M	253M	159M	733M	2.09B
Interest Expense, Total	-49.39M	-63.63M	-61.96M	-45.42M	-40.71M
Interest And Investment Income	8.8M	25.46M	50.07M	45.33M	89.7M
Net Interest Expenses	-40.59M	-38.17M	-11.89M	-92K	48.99M
Currency Exchange Gains (Loss)	-1.91M	1.35M	2.01M	6.99M	-45.28M
Other Non Operating Income (Expenses)	-766K	-16.99M	-3.76M	-1.55M	-870K
EBT, Excl. Unusual Items	618M	200M	145M	738M	2.1B
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	5.03M	-	882K	1M	286K
Asset Writedown	-	-11.32M	-23.78M	-1.7M	-15.99M
Insurance Settlements	-	-	-	6.3M	200K
Other Unusual Items	-11.07M	60.24M	-8.35M	-	-
EBT, Incl. Unusual Items	612M	249M	114M	744M	2.08B
Income Tax Expense	173M	-59.72M	-174M	517M	508M
Earnings From Continuing Operations	438M	308M	288M	227M	1.57B
Net Income to Company	438M	308M	288M	227M	1.57B
Minority Interest	-17.29M	-36.39M	-54.39M	-85.77M	-190M
Net Income - (IS)	421M	272M	234M	141M	1.38B
Net Income to Common Incl Extra Items	421M	272M	234M	141M	1.38B
Net Income to Common Excl. Extra Items	421M	272M	234M	141M	1.38B
Per Share Items
Net EPS - Basic	0.57	0.37	0.32	0.19	1.88
Basic EPS - Continuing Operations	0.57	0.37	0.32	0.19	1.88
Basic Weighted Average Shares Outstanding	737M	737M	737M	737M	737M
Net EPS - Diluted	0.57	0.37	0.32	0.19	1.88
Diluted EPS - Continuing Operations	0.57	0.37	0.32	0.19	1.88
Diluted Weighted Average Shares Outstanding	737M	737M	737M	737M	737M
Normalized Basic EPS	0.5	0.12	0.05	0.51	1.52
Normalized Diluted EPS	0.5	0.12	0.05	0.51	1.52
Dividend Per Share	0.34	0.17	0.06	0.32	1.29
Payout Ratio	58.3	74.27	46.32	55.46	47.28
Supplemental Items
EBITDA	1.19B	750M	651M	1.35B	2.58B
EBITA	661M	253M	159M	733M	2.09B
EBIT	661M	253M	159M	733M	2.09B
EBITDAR	1.19B	803M	722M	1.41B	2.6B
Effective Tax Rate - (Ratio)	28.3	-24.03	-152.85	69.53	24.41
Current Domestic Taxes	277M	133M	-	-	-
Total Current Taxes	277M	133M	85M	187M	545M
Deferred Domestic Taxes	-120M	-201M	-	-	-
Total Deferred Taxes	-120M	-201M	-290M	203M	-230M
Normalized Net Income	369M	88.39M	36.4M	376M	1.12B
Interest Capitalized	8.4M	8.5M	2.1M	-	-
Interest on Long-Term Debt	8.9M	9.32M	57.24M	40.06M	39.44M
Non-Cash Pension Expense	-217K	984K	2.11M	-1.28M	2.66M
Supplemental Operating Expense Items
Selling and Marketing Expenses	25.04M	25.62M	34.02M	46.15M	66.77M
General and Administrative Expenses	104M	94.12M	128M	110M	118M
Exploration/Drilling Costs	130M	165M	182M	162M	172M
Net Rental Expense, Total	4M	53.09M	70.32M	62.2M	14.96M
Imputed Operating Lease Interest Expense	1.47M	23.98M	32.36M	25.08M	5.72M
Imputed Operating Lease Depreciation	2.53M	29.11M	37.97M	37.12M	9.24M
Maintenance & Repair Expenses, Total	199M	253M	303M	293M	294M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.24B	969M	535M	1.11B	2.66B
Short Term Investments	-	-	-	187M	92.73M
Total Cash And Short Term Investments	1.24B	969M	535M	1.3B	2.76B
Accounts Receivable, Total	265M	276M	307M	551M	766M
Other Receivables	136M	129M	176M	123M	64.1M
Notes Receivable	-	-	-	-	-
Total Receivables	401M	404M	482M	674M	831M
Inventory	396M	496M	463M	412M	433M
Prepaid Expenses	20.28M	34.43M	23.18M	13.88M	33.45M
Other Current Assets, Total	35.25M	36.45M	35.88M	44.2M	103K
Total Current Assets	2.09B	1.94B	1.54B	2.44B	4.05B
Gross Property Plant And Equipment	6.63B	7.08B	7.55B	7.81B	7.93B
Accumulated Depreciation	-3.83B	-4.22B	-4.69B	-5.27B	-5.46B
Net Property Plant And Equipment	2.8B	2.86B	2.86B	2.54B	2.47B
Long-term Investments	165M	159M	108M	140M	34.54M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	67.3M	344M	665M	467M	610M
Other Long-Term Assets, Total	648M	609M	564M	293M	115M
Total Assets	5.77B	5.91B	5.74B	5.88B	7.28B
Liabilities
Accounts Payable, Total	130M	141M	125M	118M	201M
Accrued Expenses, Total	84.14M	124M	131M	117M	190M
Short-term Borrowings	108M	-	-	-	-
Current Portion of Long-Term Debt	-	327M	72.63M	2.06M	-
Current Portion of Leases	4.68M	5.21M	4.81M	4.31M	4.86M
Current Income Taxes Payable	62.29M	81.24M	21.78M	113M	523M
Other Current Liabilities	79.39M	9.53M	17.48M	14.82M	13.87M
Total Current Liabilities	469M	688M	372M	369M	933M
Long-Term Debt	1.16B	937M	862M	840M	840M
Long-Term Leases	6.15M	9.92M	9.78M	7.58M	6.18M
Pension & Other Post Retirement Benefits	6.51M	9.46M	13.21M	11.45M	17.73M
Deferred Tax Liability Non Current	68.74M	111M	133M	209M	146M
Other Non Current Liabilities	257M	242M	280M	234M	263M
Total Liabilities	1.96B	2B	1.67B	1.67B	2.2B
Common Stock, Total	369M	369M	369M	369M	369M
Additional Paid In Capital	1.15B	1.15B	1.15B	1.15B	1.15B
Retained Earnings	2.54B	2.61B	2.74B	2.8B	3.62B
Comprehensive Income and Other	-447M	-449M	-488M	-468M	-509M
Total Common Equity	3.62B	3.69B	3.77B	3.86B	4.63B
Minority Interest	185M	231M	295M	355M	442M
Total Equity	3.8B	3.92B	4.07B	4.21B	5.07B
Total Liabilities And Equity	5.77B	5.91B	5.74B	5.88B	7.28B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	737M	737M	737M	737M	737M
ECS Total Common Shares Outstanding	737M	737M	737M	737M	737M
Book Value / Share	4.91	5	5.12	5.23	6.29
Tangible Book Value	3.62B	3.69B	3.77B	3.86B	4.63B
Tangible Book Value Per Share	4.91	5	5.12	5.23	6.29
Total Debt	1.28B	1.28B	949M	853M	851M
Net Debt	41.01M	310M	414M	-444M	-1.91B
Debt Equivalent of Unfunded Proj. Benefit Obligation	6.51M	9.46M	13.21M	11.45M	17.73M
Debt Equivalent Oper. Leases	32M	425M	563M	498M	120M
Minority Interest, Total (Incl. Fin. Div)	185M	231M	295M	355M	442M
Account Code - Inventory Valuation	6	6	6	6	6
Land - (BS)	350M	408M	431M	473M	535M
Machinery, Total	2.64B	2.82B	3.13B	3.22B	3.23B
Full Time Employees	7.36K	8.07K	7.26K	7.18K	7.18K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	421M	272M	234M	141M	1.38B
Depreciation & Amortization - CF	529M	502M	498M	621M	492M
Depreciation & Amortization, Total	529M	502M	498M	621M	492M
(Gain) Loss From Sale Of Asset	-5.04M	305K	-882K	-25.15M	-13.34M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	11.32M	1.92M	1.7M	15.99M
Other Operating Activities, Total	-108M	-217M	-328M	724M	540M
Change In Accounts Receivable	85.58M	7.2M	-45.6M	-196M	-208M
Change In Inventories	-44.6M	-99.56M	54.63M	50.56M	-20.42M
Change In Accounts Payable	19.25M	40.28M	1.2M	-28.02M	121M
Change in Other Net Operating Assets	-2.23M	-14.06M	10.4M	10.74M	-20.08M
Cash from Operations	895M	502M	426M	1.3B	2.29B
Capital Expenditure	-592M	-592M	-483M	-371M	-400M
Sale of Property, Plant, and Equipment	6.04M	1.36M	1.59M	12.56M	16.51M
Investment in Marketable and Equity Securities, Total	-	-	-2.31M	-184M	271M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	84.44M	76.59M	115M	76.29M	180M
Cash from Investing	-502M	-514M	-370M	-465M	67.44M
Short Term Debt Issued, Total	41.66M	-	-	-	-
Long-Term Debt Issued, Total	-	8.14M	22.73M	-	-
Total Debt Issued	41.66M	8.14M	22.73M	-	-
Long-Term Debt Repaid, Total	-5.97M	-15.13M	-357M	-97.8M	-6.74M
Total Debt Repaid	-5.97M	-15.13M	-357M	-97.8M	-6.74M
Common Dividends Paid	-246M	-202M	-108M	-78.16M	-654M
Common & Preferred Stock Dividends Paid	-246M	-202M	-108M	-78.16M	-654M
Other Financing Activities, Total	-17.45M	-45.16M	-53.3M	-72.32M	-144M
Cash from Financing	-227M	-254M	-496M	-248M	-805M
Foreign Exchange Rate Adjustments	-1.39M	-117K	4.96M	-10.23M	990K
Net Change in Cash	165M	-266M	-434M	576M	1.55B
Supplemental Items
Cash Interest Paid	49.33M	55.31M	62.96M	45.92M	40.62M
Cash Income Tax Paid (Refund)	350M	158M	233M	94.96M	358M
Levered Free Cash Flow	482M	-90.27M	-18.83M	607M	1.79B
Unlevered Free Cash Flow	513M	-50.5M	19.9M	636M	1.81B
Change In Net Working Capital	-162M	119M	94.47M	72.63M	-413M
Net Debt Issued / Repaid	35.69M	-6.99M	-334M	-97.8M	-6.74M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	7.22	2.71	1.7	7.89	19.9
Return on Total Capital	8.32	3.08	1.94	9.09	23.83
Return On Equity %	11.82	7.99	7.22	5.48	33.9
Return on Common Equity	11.87	7.45	6.27	3.7	32.61
Margin Analysis
Gross Profit Margin %	34.84	22.14	18.47	35.54	58.27
SG&A Margin	4.77	4.95	6.03	4.48	4.09
EBITDA Margin %	43.84	30.81	24.07	38.57	56.6
EBITA Margin %	24.45	10.42	5.87	20.96	45.92
EBIT Margin %	24.45	10.42	5.87	20.96	45.92
Income From Continuing Operations Margin %	16.22	12.67	10.66	6.48	34.5
Net Income Margin %	15.58	11.18	8.65	4.03	30.34
Net Avail. For Common Margin %	15.58	11.18	8.65	4.03	30.34
Normalized Net Income Margin	13.64	3.63	1.35	10.74	24.58
Levered Free Cash Flow Margin	17.83	-3.71	-0.7	17.37	39.21
Unlevered Free Cash Flow Margin	18.97	-2.08	0.74	18.18	39.77
Asset Turnover
Asset Turnover	0.47	0.42	0.46	0.6	0.69
Fixed Assets Turnover	0.98	0.86	0.95	1.3	1.82
Receivables Turnover (Average Receivables)	9.13	8.99	9.29	8.15	6.92
Inventory Turnover (Average Inventory)	4.71	4.25	4.6	5.15	4.5
Short Term Liquidity
Current Ratio	4.45	2.82	4.14	6.63	4.35
Quick Ratio	3.49	2	2.73	5.35	3.85
Operating Cash Flow to Current Liabilities	1.91	0.73	1.14	3.53	2.45
Days Sales Outstanding (Average Receivables)	39.99	40.6	39.3	44.89	52.71
Days Outstanding Inventory (Average Inventory)	77.47	85.93	79.34	71.08	81.05
Average Days Payable Outstanding	21.98	24.82	22.29	20.06	30.19
Cash Conversion Cycle (Average Days)	95.49	101.71	96.34	95.92	103.57
Long Term Solvency
Total Debt/Equity	33.56	32.64	23.33	20.27	16.77
Total Debt / Total Capital	25.13	24.61	18.92	16.85	14.36
LT Debt/Equity	30.6	24.16	21.43	20.12	16.67
Long-Term Debt / Total Capital	22.91	18.22	17.37	16.73	14.28
Total Liabilities / Total Assets	34.07	33.77	29.11	28.4	30.29
EBIT / Interest Expense	13.38	3.98	2.56	16.14	51.46
EBITDA / Interest Expense	24.1	11.87	10.61	29.81	63.54
(EBITDA - Capex) / Interest Expense	12.11	2.56	2.81	21.65	53.71
Total Debt / EBITDA	1.07	1.69	1.44	0.63	0.33
Net Debt / EBITDA	0.03	0.41	0.63	-0.33	-0.74
Total Debt / (EBITDA - Capex)	2.13	7.84	5.46	0.87	0.39
Net Debt / (EBITDA - Capex)	0.07	1.9	2.38	-0.45	-0.87
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	11.24	-9.99	11.18	29.25	30.46
Gross Profit, 1 Yr. Growth %	4.25	-42.79	-6.25	148.66	113.88
EBITDA, 1 Yr. Growth %	-5.21	-37.36	-10.99	107.09	91.44
EBITA, 1 Yr. Growth %	-10.01	-62.3	-32.53	361.27	185.78
EBIT, 1 Yr. Growth %	-10.01	-62.3	-32.53	361.27	185.78
Earnings From Cont. Operations, 1 Yr. Growth %	16.75	-29.69	-6.48	-21.37	594.26
Net Income, 1 Yr. Growth %	12.59	-35.45	-13.97	-39.75	882.11
Normalized Net Income, 1 Yr. Growth %	-6.98	-76.02	-58.02	932.04	198.43
Diluted EPS Before Extra, 1 Yr. Growth %	12.59	-35.45	-13.97	-39.75	882.11
Accounts Receivable, 1 Yr. Growth %	-18.77	3.91	11.17	79.52	39.15
Inventory, 1 Yr. Growth %	12.68	25.13	-6.61	-10.92	4.95
Net Property, Plant and Equip., 1 Yr. Growth %	3.36	2.27	-0.06	-11.26	-2.86
Total Assets, 1 Yr. Growth %	1.68	2.55	-2.99	2.49	23.79
Tangible Book Value, 1 Yr. Growth %	4	1.87	2.34	2.21	20.17
Common Equity, 1 Yr. Growth %	4	1.87	2.34	2.21	20.17
Cash From Operations, 1 Yr. Growth %	-2.46	-43.9	-15.19	205.17	76.16
Capital Expenditures, 1 Yr. Growth %	43.59	0.01	-18.36	-23.35	7.99
Levered Free Cash Flow, 1 Yr. Growth %	-2.66	-118.46	-81.45	-3.33K	194.47
Unlevered Free Cash Flow, 1 Yr. Growth %	-4.73	-109.71	-132.24	3.1K	185.32
Dividend Per Share, 1 Yr. Growth %	31.4	-50.74	-66.47	480.36	296.68
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	12.93	0.06	0.04	19.88	29.85
Gross Profit, 2 Yr. CAGR %	42.81	-22.77	-27.15	52.68	130.62
EBITDA, 2 Yr. CAGR %	28.83	-22.57	-26.23	35.77	99.11
EBITA, 2 Yr. CAGR %	71.99	-41.25	-51.38	76.41	263.08
EBIT, 2 Yr. CAGR %	71.99	-41.25	-51.38	76.41	263.08
Earnings From Cont. Operations, 2 Yr. CAGR %	45.96	-9.4	-18.92	-14.25	133.64
Net Income, 2 Yr. CAGR %	43.69	-14.75	-25.48	-28.01	143.24
Normalized Net Income, 2 Yr. CAGR %	81.46	-52.78	-68.58	108.16	454.97
Diluted EPS Before Extra, 2 Yr. CAGR %	43.69	-14.75	-25.48	-28.01	143.24
Accounts Receivable, 2 Yr. CAGR %	13.25	-8.13	7.48	41.31	58.05
Inventory, 2 Yr. CAGR %	20.66	18.74	8.1	-8.79	-3.31
Net Property, Plant and Equip., 2 Yr. CAGR %	-0.26	2.81	1.1	-5.83	-7.16
Total Assets, 2 Yr. CAGR %	9.26	2.11	-0.26	-0.29	12.64
Tangible Book Value, 2 Yr. CAGR %	7.26	2.93	2.1	2.28	10.83
Common Equity, 2 Yr. CAGR %	7.26	2.93	2.1	2.28	10.83
Cash From Operations, 2 Yr. CAGR %	43.3	-26.02	-31.02	60.88	131.86
Capital Expenditures, 2 Yr. CAGR %	2.89	19.84	-9.64	-20.89	-9.02
Levered Free Cash Flow, 2 Yr. CAGR %	407.39	-57.3	-80.38	144.65	874.66
Unlevered Free Cash Flow, 2 Yr. CAGR %	439.55	-69.37	-80.44	220.97	854.82
Dividend Per Share, 2 Yr. CAGR %	52.9	-19.55	-59.36	39.5	379.81
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.71	4.7	3.64	8.96	23.3
Gross Profit, 3 Yr. CAGR %	6.45	5.28	-17.91	9.69	70.84
EBITDA, 3 Yr. CAGR %	8.6	1.63	-19.54	4.07	52.25
EBITA, 3 Yr. CAGR %	8.78	4.3	-39.96	2.92	107.19
EBIT, 3 Yr. CAGR %	8.78	4.3	-39.96	2.92	107.19
Earnings From Cont. Operations, 3 Yr. CAGR %	7.81	14.42	-8.44	-19.74	72.19
Net Income, 3 Yr. CAGR %	6.38	10.05	-14.49	-30.58	72.02
Normalized Net Income, 3 Yr. CAGR %	7.45	-7.58	-54.88	0.63	134.71
Diluted EPS Before Extra, 3 Yr. CAGR %	6.38	10.05	-14.49	-30.58	72.02
Accounts Receivable, 3 Yr. CAGR %	7.57	10.05	-2.1	27.55	40.59
Inventory, 3 Yr. CAGR %	17.63	22.13	9.61	1.35	-4.42
Net Property, Plant and Equip., 3 Yr. CAGR %	1.29	0.58	1.85	-3.2	-4.85
Total Assets, 3 Yr. CAGR %	6.64	6.98	0.38	0.65	7.17
Tangible Book Value, 3 Yr. CAGR %	5.87	5.43	2.73	2.14	7.92
Common Equity, 3 Yr. CAGR %	5.87	5.43	2.73	2.14	7.92
Cash From Operations, 3 Yr. CAGR %	15.01	4.83	-22.58	13.24	65.82
Capital Expenditures, 3 Yr. CAGR %	-3.98	1.92	5.44	-14.46	-12.25
Levered Free Cash Flow, 3 Yr. CAGR %	71.98	68.95	-66.37	7.5	160.24
Unlevered Free Cash Flow, 3 Yr. CAGR %	92.33	42.06	-66.69	6.94	208.62
Dividend Per Share, 3 Yr. CAGR %	7.35	4.82	-39.9	-1.4	97.64
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.24	3.05	5.16	10.53	13.42
Gross Profit, 5 Yr. CAGR %	1.31	-10.26	-8.54	21.9	24.09
EBITDA, 5 Yr. CAGR %	0.6	-8.26	-6.78	13.56	15.61
EBITA, 5 Yr. CAGR %	-3.84	-20.26	-20.91	26.82	23.32
EBIT, 5 Yr. CAGR %	-3.84	-20.26	-20.91	26.82	23.32
Earnings From Cont. Operations, 5 Yr. CAGR %	0.63	-11.28	-3.8	1.95	33.18
Net Income, 5 Yr. CAGR %	-0.27	-13.47	-7.74	-7.13	29.9
Normalized Net Income, 5 Yr. CAGR %	-4.06	-27.7	-34.29	27.39	23.11
Diluted EPS Before Extra, 5 Yr. CAGR %	-0.27	-13.47	-7.74	-7.13	29.9
Accounts Receivable, 5 Yr. CAGR %	6.96	4.05	7.53	21.62	18.59
Inventory, 5 Yr. CAGR %	16.14	22.53	13.72	8.67	4.25
Net Property, Plant and Equip., 5 Yr. CAGR %	5.12	3.17	1.22	-2.03	-1.86
Total Assets, 5 Yr. CAGR %	6.1	4.54	3.82	4.01	5.12
Tangible Book Value, 5 Yr. CAGR %	6.18	4.12	4.34	4.16	5.9
Common Equity, 5 Yr. CAGR %	6.18	4.12	4.34	4.16	5.9
Cash From Operations, 5 Yr. CAGR %	-0.06	-7.99	-6.26	24.42	20.07
Capital Expenditures, 5 Yr. CAGR %	6.41	-0.42	-6.28	-7.9	-0.6
Levered Free Cash Flow, 5 Yr. CAGR %	-1.29	-8.99	-27.61	100.56	29.29
Unlevered Free Cash Flow, 5 Yr. CAGR %	-0.74	-21.27	-22.7	104.88	27.51
Dividend Per Share, 5 Yr. CAGR %	2.41	-16.2	-27.21	17.52	37.96