← Hudbay Minerals Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net income for the year | ($35.2m) | $163.9m | — | ($343.8m) | ($144.6m) | ($244.4m) | $70.4m | $69.5m | $67.8m | $564.3m | — | |
| Net Income | — | — | — | — | — | — | $70.4m |
$66.4m
-5.66%
|
$76.7m
+15.51%
|
$568.5m
+641.20%
|
$680.0m
+19.61%
|
|
| Profit or Loss | ($35.2m) | $163.9m | $85.4m | ($343.8m) | ($144.6m) | ($244.4m) | $70.4m | $69.5m | $67.8m | $564.3m | — | |
| Depreciation and amortization | $299.1m | $293.2m | — | $346.6m | $363.6m | $359.8m | $339.1m | $393.1m | $428.0m | $441.2m | $426.0m | |
| Amortization of deferred revenue and variable consideration | — | — | — | ($76.1m) | ($73.9m) | ($73.1m) | ($73.2m) | ($77.3m) | ($70.5m) | ($75.0m) | — | |
| Amortization of community agreements | — | — | — | — | — | — | — | $12.2m | $13.7m | $12.4m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $339.1m | $393.1m | $428.0m | $441.2m | $426.0m | |
| Adjustments For Deferred Tax Of Prior Periods | $266k | ($1.4m) | $691k | $817k | ($494k) | $8.7m | ($1.2m) | $5.5m | ($2.8m) | ($1.1m) | — | |
| Deferred Tax | — | — | — | — | — | — | $25.4m | $82.3m | $183.8m | $347.7m | $487.0m | |
| Adjustments For Share-Based Payments | $9.9m | $15.9m | ($2.4m) | $2.7m | $15.0m | $12.1m | $2.1m | $7.4m | $19.3m | $61.3m | — | |
| Share-based compensation | $9.9m | $15.9m | — | $2.7m | $15.0m | $12.1m | $2.1m | $7.4m | $19.3m | $61.3m | $81.2m | |
| Impairment reversal | $0 | $11.3m | — | $322.2m | $0 | $193.5m | $0 | — | $0 | ($322.3m) | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $95.0m | $0 | $27.4m | ($318.8m) | ($318.2m) | |
| Proceeds From Sales Of Investments Other Than Investments Accounted For Using Equity Method | — | — | — | — | — | $1.2m | $1.9m | $53k | ($3.2m) | ($61.8m) | — | |
| Change In Working Capital | — | — | — | — | — | — | $96.1m | ($93.1m) | ($24.9m) | ($57.0m) | $5.2m | |
| Change In Receivables | — | — | — | — | — | — | $88.5m | ($70.3m) | ($36.5m) | ($141.3m) | $35.6m | |
| Inventory adjustments | — | — | — | — | $2.3m | $4.0m | $3.6m | $2.3m | $2.9m | $4.1m | — | |
| Change In Inventory | — | — | — | — | — | — | ($13.0m) | $18.2m | $10.0m | ($13.6m) | ($42.0m) | |
| Other | $2.6m | $4.2m | — | $2.9m | $2.7m | $3.2m | ($2.0m) | $8.7m | ($3.8m) | ($27.7m) | — | |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | ($192.8m) | ($249.8m) | — | ($259.2m) | ($361.2m) | ($377.4m) | $4.1m | $874k | $0 | ($466.7m) | — | |
| Equipment financing payments | — | — | — | — | — | — | $0 | ($1.9m) | ($10.2m) | ($20.2m) | — | |
| Capital Expenditure | — | — | — | — | — | — | ($309.0m) | ($281.1m) | ($348.9m) | ($469.5m) | ($548.0m) | |
| Net purchase of investments | — | — | — | — | $0 | $1.2m | $1.9m | $53k | ($3.2m) | ($61.8m) | — | |
| Maturity of (investment in) short-term investments | — | — | — | — | — | — | — | $0 | ($40.0m) | $40.0m | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($37.5m) | ($10.6m) | ($5.2m) | ($16.0m) | ($24.2m) | |
| Net cash flows from investing activities | ($147.1m) | ($234.3m) | — | ($292.4m) | ($359.0m) | ($375.0m) | ($337.7m) | ($271.8m) | ($382.9m) | ($468.4m) | — | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds From Borrowings Classified As Financing Activities | $62.2m | $25.0m | — | — | — | — | $0 | $100.0m | ($100.0m) | — | — | |
| Repayments Of Borrowings Classified As Financing Activities | $176.5m | $281.4m | — | — | $400.0m | $600.0m | $0 | $143.0m | $0 | $0 | — | |
| Issuance Of Debt | — | — | — | — | — | $591.9m | $0 | $100.0m | — | — | — | |
| Long Term Debt Issuance | — | — | — | — | — | $591.9m | $0 | $100.0m | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($35.8m) | ($173.1m) | ($223.5m) | ($159.2m) | ($586.9m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($35.8m) | ($73.1m) | ($223.5m) | ($159.2m) | ($314.9m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($35.8m) | ($73.1m) | ($223.5m) | ($159.2m) | ($314.9m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($35.8m) | ($173.1m) | ($223.5m) | ($159.2m) | ($586.9m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($4.0m) | ($4.5m) | ($5.5m) | ($5.6m) | ($8.5m) | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $14.2m | $398.0m | $26.8m | $22.6m | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $14.2m | $398.0m | $26.8m | $22.6m | |
| Dividends paid | $3.6m | $3.7m | $4.0m | $3.9m | $3.8m | $4.1m | $4.0m | $4.5m | $5.5m | $5.6m | ($8.5m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($4.0m) | ($4.5m) | ($5.5m) | ($5.6m) | ($8.5m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($94.0m) | ($45.2m) | ($95.3m) | ($21.1m) | $398.2m | |
| Net cash flows from financing activities | ($236.1m) |
($92.8m)
+60.67%
|
— | ($137.8m) |
$162.1m
+217.65%
|
($175.9m)
-208.52%
|
($196.3m)
-11.60%
|
($182.4m)
+7.09%
|
$10.2m
+105.59%
|
($214.4m)
-2201.96%
|
— | |
| Cash and cash equivalents, beginning of the year | $146.9m | $356.5m | — | $396.1m | $439.1m | $271.0m | $225.7m | $249.8m | $541.8m | $568.9m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $271.0m | $225.7m | $249.8m | $541.8m | $625.5m | |
| Change in restricted cash | $45.9m | $16.9m | — | $3.4m | $0 | ($100k) | ($49k) | $126k | $800k | $800k | — | |
| Effect of movement in exchange rates on cash | $1.1m | ($2.8m) | — | ($59k) | $434k | ($1.1m) | $843k | $1.4m | ($1.5m) | $2.6m | — | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $843k | $1.4m | ($1.5m) | $2.6m | ($4.3m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Adjustments For Current Tax Of Prior Period | — | — | $707k | $6.3m | ($398k) | $0 | ($704k) | ($4.4m) | $200k | ($1.2m) | — | |
| Adjustments For Finance Costs | $164.3m | $100.2m | $143.6m | $154.4m | $31.9m | $49.1m | $22.1m | $145.3m | $148.7m | $19.4m | — | |
| Adjustments For Income Tax Expense | $40.8m | $34.8m | $85.4m | ($109.0m) | ($34.5m) | $41.6m | $25.4m | $82.3m | $183.8m | $347.7m | — | |
| Goodwill | — | — | — | — | — | — | — | $75.3m | $69.2m | $72.6m | ($318.2m) | |
| Income Taxes Paid Refund Classified As Operating Activities | $13.6m | $10.6m | $37.3m | $26.9m | $12.6m | $20.1m | $39.6m | $54.8m | $132.5m | $268.4m | — | |
| Increase Decrease In Working Capital | ($87.2m) | ($9.0m) | $13.9m | ($3.6m) | $2.4m | $104.0m | ($96.1m) | $93.1m | $24.9m | $57.0m | $5.2m | |
| Interest Paid Classified As Financing Activities | $126.5m | $52.7m | $74.8m | $74.8m | $81.5m | $84.4m | $63.8m | $74.0m | $67.9m | $58.4m | — | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | — | $36.0m | $37.7m | $35.8m | $25.2m | $31.4m | $36.9m | — | |
| Proceeds From Issuing Shares | — | — | — | — | — | — | — | — | $398.0m | $26.8m | — | |
| Purchase Of Intangible Assets Classified As Investing Activities | — | — | — | — | — | — | — | — | $1.8m | $2.8m | — | |
| Purchase Of Interests In Associates | — | — | $19.1m | — | — | — | — | — | — | — | — | |
| Net finance expenses | $164.3m | $100.2m | — | $17.6m | $31.9m | $49.1m | $22.1m | $145.3m | $148.7m | $19.4m | — | |
| Pension and other employee benefit payments, net of accruals | ($11.1m) | $3.1m | — | $2.1m | $3.0m | $8.0m | $1.5m | $7.0m | $11.9m | $5.3m | — | |
| Re-evaluation adjustment - environmental obligation | — | — | — | — | — | ($4.6m) | ($133.5m) | ($11.4m) | ($3.5m) | $200k | — | |
| Write-down/loss on disposal of PP&E | — | — | — | — | — | — | — | $0 | $27.4m | $3.5m | — | |
| Decommissioning and restoration payments | — | — | — | ($4.1m) | ($18.7m) | ($21.7m) | ($15.5m) | ($2.1m) | ($2.1m) | ($1.7m) | — | |
| Change in non-cash working capital | $87.2m | $9.0m | — | $3.6m | ($2.4m) | ($104.0m) | $96.1m | ($93.1m) | ($24.9m) | ($57.0m) | — | |
| Acquisition of intangibles | — | — | — | — | — | — | — | $0 | ($1.8m) | ($2.8m) | — | |
| Community agreements | — | — | — | — | — | ($26.5m) | ($37.5m) | ($10.7m) | ($9.1m) | ($17.5m) | — | |
| Grants received | — | — | — | — | — | — | — | $0 | $3.1m | $700k | — | |
| Consideration received from sale of non-core project | — | — | — | — | — | — | — | — | $0 | $14.9m | — | |
| Investment income received | $212k | $890k | — | $8.1m | $2.2m | $1.3m | $2.8m | $8.0m | $14.4m | $24.0m | — | |
| Repayment of revolving credit facility | ($176.5m) | ($281.4m) | — | — | ($400.0m) | ($600.0m) | $0 | ($143.0m) | $0 | $0 | — | |
| Repurchase of senior unsecured notes, net of discount | — | — | — | — | — | — | — | $0 | ($81.9m) | ($102.1m) | — | |
| Copper Mountain non-controlling interest - acquisition payment | — | — | — | — | — | — | — | — | $0 | ($6.0m) | — | |
| Equity and flow-through share issuance, net of issuance costs | — | — | — | — | — | — | — | $14.2m | $398.0m | $26.8m | — | |
| Financing costs | ($21.8m) | ($26.6m) | — | ($26.1m) | ($16.2m) | ($19.6m) | ($12.3m) | ($12.2m) | ($15.1m) | ($11.7m) | — | |
| Lease payments | — | — | — | ($33.0m) | ($36.0m) | ($37.7m) | ($35.8m) | ($25.2m) | ($31.4m) | ($36.9m) | — | |
| Gold prepayment repayments | — | — | — | — | — | $0 | ($71.7m) | ($26.7m) | ($62.3m) | $0 | — | |
| Deferred Rosemont acquisition payment | — | — | — | — | — | $0 | ($10.0m) | ($10.0m) | ($10.0m) | $0 | — | |
| Net payments on settlement of non-QP hedges | — | — | — | — | — | — | — | $0 | ($7.9m) | ($3.4m) | — | |
| Net proceeds from exercise of stock options and warrants | — | — | — | — | $0 | $980k | $1.3m | $190k | $4.4m | $3.1m | — | |
| Net increase in cash and cash equivalents | $93.0m | $209.6m | — | ($119.4m) | $43.0m | ($168.1m) | ($45.3m) | $24.1m | $292.0m | $27.1m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($196.3m) | ($182.4m) | $10.2m | ($214.4m) | $43.4m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($337.7m) | ($271.8m) | ($382.9m) | ($468.4m) | ($604.6m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($45.3m) | $24.1m | $292.0m | $27.1m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $23.6m | ($25.9m) | ($29.8m) | $42.1m | ($12.6m) | |
| Change In Payable | — | — | — | — | — | — | $2.4m | ($31.5m) | $43.2m | $52.3m | $28.6m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($5.4m) | $16.4m | ($11.8m) | $3.5m | ($4.4m) | |
| Changes In Cash | — | — | — | — | — | — | ($46.2m) | $22.7m | $293.5m | $24.5m | $269.7m | |
| End Cash Position | — | — | — | — | — | — | $225.7m | $249.8m | $541.8m | $568.9m | $895.2m | |
| Financing Cash Flow | — | — | — | — | — | — | ($196.3m) |
($182.4m)
+7.08%
|
$10.2m
+105.59%
|
($214.4m)
-2201.96%
|
$43.4m
+120.24%
|
|
| Free Cash Flow | — | — | — | — | — | — | $178.8m | $195.8m | $317.3m | $237.8m | $282.9m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $3.6m | $700k | $9.2m | $2.3m | $600k | |
| Interest Received CFI | — | — | — | — | — | — | $2.8m | $8.0m | $14.4m | $24.0m | $27.6m | |
| Investing Cash Flow | — | — | — | — | — | — | ($337.7m) | ($271.8m) | ($382.9m) | ($468.4m) | ($604.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | $11.0m | $0 | $14.9m | $26.8m | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($5.4m) | $5.3m | $21.0m | ($18.6m) | $26.1m | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | — | $0 | ($1.8m) | ($2.8m) | ($1.3m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $1.9m | $100k | ($43.2m) | ($21.8m) | ($86.7m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($304.9m) | ($280.3m) | ($347.1m) | ($466.7m) | ($546.8m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($191k) | $13.0m | $42.1m | ($11.0m) | $31.6m | |
| Other Non Cash Items | — | — | — | — | — | — | ($101.3m) | $45.5m | $47.7m | $3.2m | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $1.5m | $7.0m | $11.9m | $5.3m | $4.9m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $1.3m | $200k | $4.4m | $3.1m | $4.5m | |
| Purchase Of Intangibles | — | — | — | — | — | — | — | $0 | ($1.8m) | ($2.8m) | ($1.3m) | |
| Purchase Of Investment | — | — | — | — | — | — | — | — | ($43.2m) | ($61.8m) | ($86.7m) | |
| Purchase Of PPE | — | $249.8m | $190.9m | $259.2m | $361.2m | $377.4m | ($309.0m) | ($281.1m) | ($347.1m) | ($466.7m) | ($548.0m) | |
| Sale Of Business | — | — | — | — | — | — | $0 | $11.0m | $0 | $14.9m | $14.9m | |
| Sale Of Investment | — | — | — | — | — | $1.2m | $1.9m | $53k | — | $40.0m | $0 | |
| Sale Of PPE | — | — | — | — | — | $0 | $4.1m | $800k | $0 | — | $100k | |
| Stock Based Compensation | — | — | — | — | — | — | $2.1m | $7.4m | $19.3m | $61.3m | $81.2m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $942k | $14.0m | $7.5m | ($55.2m) | ($155.8m) |