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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH PROVIDED (USED IN) BY OPERTING ACTIVITIES    
Net earnings $ 144.2 $ 96.1
Adjustments for items not involving cash:    
Amortization 153.8 165.0
Foreign exchange loss (gain) 1.4 (0.3)
Current income tax expense 30.1 12.7
Deferred income tax expense 43.9 20.1
Share-based compensation 10.3 9.2
Finance expense 4.3 2.5
Other items (note 13) (5.1) (12.2)
Changes in working capital and taxes paid (note 13) (14.5) (32.7)
Cash flows from (used in) operating activities 368.4 260.4
INVESTING ACTIVITIES    
Mineral property, plant and equipment (246.1) (263.6)
Payments for Purchase of Outstanding Royalty (54.8) 0.0
Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities 19.5 0.0
Other cash receipts from sales of equity or debt instruments of other entities (9.7) 0.0
Investment in equity securities (3.4) (4.0)
Cash flows from (used in) investing activities (314.1) (267.6)
FINANCING ACTIVITIES    
Proceeds from current borrowings 100.0 0.0
Repayments of current borrowings 100.0 0.0
Proceeds from issue of ordinary shares (8.3) 0.0
Repayment of debt and equipment financing obligations (0.5) (3.3)
Credit facility interest and transaction fees (1.5) (1.2)
Proceeds received from the exercise of stock options and warrants 7.5 7.0
Dividends paid (23.9) (15.6)
Outflows of cash from investing activities (5.5) (11.4)
Proceeds from issuance of flow-through shares 0.0 7.5
Cash flows from (used in) financing activities (15.6) (17.0)
Effect of exchange rates on cash and cash equivalents (1.0) 1.0
Increase (decrease) in cash and cash equivalents 37.7 (23.2)
Cash and cash equivalents - beginning of year 182.8 206.0
CASH AND CASH EQUIVALENTS - END OF YEAR $ 220.5 $ 182.8