XML 44 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities    
Net earnings (loss) $ 112.7 $ (104.9)
Income tax expense (Note 29) 319.0 46.1
Depreciation and amortization (Note 14) 571.7 484.2
Impairment charges (Note 15) 0.0 78.6
Net realizable value inventory charge (recovery) (Note 12, 23) 20.6 (31.8)
Gains from sale of subsidiaries (Note 9) (137.4) (6.7)
Accretion on closure and decommissioning provision (Note 18, 25) 31.3 34.2
Change in mine reclamation obligations (Note 18) 53.7 15.7
Investment loss (Note 10(b)) 14.3 5.5
Interest paid (37.3) (45.1)
Interest expense (Note 25) 47.6 51.4
Interest received 13.9 17.2
Income taxes paid (163.8) (149.4)
Other operating activities (Note 27) 5.6 2.0
Net change in non-cash working capital items (Note 27) (127.8) 53.2
Cash flows from (used in) operating activities 724.1 450.2
Investing activities    
Payments for mineral properties, plant and equipment (323.3) (379.0)
Cash acquired from Yamana Gold Inc. (Note 8) 0.0 259.5
Cash disposed in sale of subsidiaries (Note 9) (16.2) (194.1)
Cash proceeds from sale of subsidiaries (Note 9) 306.6 549.1
Proceeds from disposition of mineral properties, plant and equipment 3.8 3.8
Proceeds from disposal of investments 2.0 144.8
Net (payments) proceeds from derivatives (5.5) 13.8
Cash flows from (used in) investing activities (32.6) 397.9
Financing activities    
Proceeds from common shares issued 1.4 0.0
Contribution from non-controlling interests 0.1 11.1
Dividends paid (145.4) (130.4)
Proceeds from debt (Note 20) 0.0 315.0
Repayment of debt (Note 20) (6.7) (703.5)
Shares repurchased under Normal Course Issuer Bid (Note 22(h)) (24.3) 0.0
Payment of equipment leases (50.3) (44.0)
Cash flows from (used in) financing activities (225.2) (551.8)
Effects of exchange rate changes on cash and cash equivalents (3.1) (3.7)
Increase in cash and cash equivalents 463.2 292.6
Cash and cash equivalents at the beginning of the year 399.6 107.0
Cash and cash equivalents at the end of the year $ 862.8 $ 399.6