Franco-Nevada Corporation(NYSE:FNV)
Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Latin America, Canada, Australia, Europe, and Africa, and internationally. It operates through two segment, Mining and Energy. The company manages its portfolio with a focus on precious metals, such...
Website: http://www.franco-nevada.com
Founded: 1983
Full Time Employees: 38
Sector: Basic Materials
Industry: Gold
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At a glance:
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Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-05-04 | 2021-12-31 | 2021-11-03 | 2021-06-30 | 2021-05-05 | 2020-12-31 | 2020-11-04 | 2020-06-30 | 2020-05-06 | 2019-12-31 | 2019-11-12 | 2019-06-30 | 2019-05-08 | 2018-12-31 | 2018-09-30 | 2018-08-31 | 2018-05-31 | 2018-04-06 | 2018-03-31 | 2017-11-30 | 2017-08-31 | 2017-05-01 | 2017-04-10 | 2017-03-31 | 2016-11-07 | 2016-06-30 | 2016-03-31 | 2016-03-10 | 2015-12-31 | 2015-09-30 | 2015-08-10 | 2015-03-31 | 2015-03-25 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2014-03-19 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-05-08 | 2013-03-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2012-03-21 | 2011-12-31 | 2011-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 1,219,000,000 | 309,500,000 | 329,900,000 | 276,300,000 | 1,315,700,000 | 304,200,000 | 352,300,000 | 338,800,000 | 1,300,000,000 | 316,300,000 | 347,100,000 | 308,900,000 | 1,020,200,000 | 279,800,000 | 195,400,000 | 240,500,000 | 844,100,000 | 235,700,000 | 170,500,000 | 179,800,000 | 653,200,000 | 170,600,000 | 161,300,000 | 173,100,000 | 675,000,000 | 675,000,000 | 171,500,000 | 163,600,000 | 172,700,000 | 610,200,000 | 610,200,000 | 172,000,000 | 150,900,000 | 132,000,000 | 443,600,000 | 443,600,000 | 103,700,000 | 109,400,000 | 109,200,000 | 442,400,000 | 442,400,000 | 107,600,000 | 107,700,000 | 104,100,000 | 400,900,000 | 400,900,000 | 93,300,000 | 427,000,000 | 108,800,000 | 105,200,000 | 102,700,000 | 105,000,000 | 411,200,000 | 411,200,000 | 113,264,000 | ||||||||
yoy | -7.35% | 1.74% | -6.36% | -18.45% | 1.21% | -3.83% | 1.50% | 9.68% | 27.43% | 13.05% | 77.64% | 28.44% | 20.86% | 18.71% | 14.60% | 33.76% | 29.23% | 38.16% | 5.70% | 3.87% | -3.23% | -74.73% | -5.95% | 5.81% | 290.85% | 10.62% | -71.89% | -4.88% | 14.45% | 362.27% | 37.56% | -61.23% | 45.52% | 20.66% | 306.23% | 0.27% | -76.56% | 1.67% | 1.39% | 324.98% | 10.35% | -73.16% | 11.58% | -6.11% | 268.47% | -9.15% | 306.67% | -73.54% | -74.42% | -9.33% | |||||||||||||
qoq | 293.86% | -6.18% | 19.40% | -79.00% | 332.51% | -13.65% | 3.98% | -73.94% | 311.00% | -8.87% | 12.37% | -69.72% | 264.62% | 43.19% | -18.75% | -71.51% | 258.12% | 38.24% | -5.17% | -72.47% | 282.88% | 5.77% | -6.82% | -74.36% | 0.00% | 293.59% | 4.83% | -5.27% | -71.70% | 0.00% | 254.77% | 13.98% | 14.32% | -70.24% | 0.00% | 327.77% | -5.21% | 0.18% | -75.32% | 0.00% | 311.15% | -0.09% | 3.46% | -74.03% | 0.00% | -78.15% | 292.46% | 3.42% | 2.43% | -2.19% | -74.46% | 0.00% | 263.05% | ||||||||||
revenue from royalty, streams and working interests | 483,600,000 | 366,700,000 | 365,500,000 | 318,600,000 | 272,900,000 | 257,600,000 | 255,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest revenue | 4,100,000 | 2,700,000 | 2,900,000 | 2,400,000 | 2,800,000 | 2,200,000 | 900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other interest income | 300,000 | 300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenue | 487,700,000 | 369,400,000 | 368,400,000 | 321,000,000 | 275,700,000 | 260,100,000 | 256,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
costs of sales | 47,200,000 | 33,500,000 | 38,500,000 | 34,400,000 | 31,900,000 | 29,100,000 | 33,600,000 | 179,300,000 | 48,900,000 | 47,100,000 | 38,200,000 | 176,900,000 | 42,000,000 | 45,500,000 | 43,600,000 | 178,300,000 | 42,000,000 | 47,300,000 | 40,600,000 | 158,800,000 | 40,500,000 | 28,000,000 | 43,600,000 | 144,800,000 | 38,700,000 | 27,400,000 | 32,400,000 | 118,200,000 | 33,400,000 | 29,800,000 | 30,200,000 | 142,000,000 | 142,000,000 | 33,000,000 | 33,900,000 | 39,900,000 | 105,800,000 | 105,800,000 | 28,000,000 | 27,700,000 | 24,400,000 | 93,100,000 | 93,100,000 | 22,400,000 | 24,000,000 | 22,400,000 | 72,900,000 | 72,900,000 | 18,400,000 | 15,200,000 | 14,600,000 | 60,200,000 | 60,200,000 | 13,900,000 | 59,200,000 | ||||||||
depletion and depreciation | 87,000,000 | 64,000,000 | 68,400,000 | 60,000,000 | 54,200,000 | 52,900,000 | 58,200,000 | 273,100,000 | 68,100,000 | 75,100,000 | 61,000,000 | 286,200,000 | 68,500,000 | 69,600,000 | 74,600,000 | 299,600,000 | 73,000,000 | 77,200,000 | 71,200,000 | 241,000,000 | 56,800,000 | 52,300,000 | 64,400,000 | 263,200,000 | 70,700,000 | 58,900,000 | 60,900,000 | 247,700,000 | 66,000,000 | 59,600,000 | 60,600,000 | 273,000,000 | 273,000,000 | 70,500,000 | 67,200,000 | 71,500,000 | 273,800,000 | 273,800,000 | 72,900,000 | 68,200,000 | 65,500,000 | 216,300,000 | 216,300,000 | 49,700,000 | 49,100,000 | 51,700,000 | 163,100,000 | 163,100,000 | 38,500,000 | 39,600,000 | 36,100,000 | 129,300,000 | 129,300,000 | 28,200,000 | 126,700,000 | 34,400,000 | 31,200,000 | 31,000,000 | 31,700,000 | 130,600,000 | 130,600,000 | 34,695,000 | |
total costs of sales | 134,200,000 | 97,500,000 | 106,900,000 | 94,400,000 | 86,100,000 | 82,000,000 | 91,800,000 | 452,400,000 | 117,000,000 | 122,200,000 | 99,200,000 | 463,100,000 | 110,500,000 | 115,100,000 | 118,200,000 | 477,900,000 | 115,000,000 | 124,500,000 | 111,800,000 | 399,800,000 | 97,300,000 | 80,300,000 | 108,000,000 | 408,000,000 | 109,400,000 | 86,300,000 | 93,300,000 | 365,900,000 | |||||||||||||||||||||||||||||||||||
gross profit | 353,500,000 | 271,900,000 | 261,500,000 | 226,600,000 | 189,600,000 | 178,100,000 | 165,000,000 | 766,600,000 | 192,500,000 | 207,700,000 | 177,100,000 | 852,600,000 | 193,700,000 | 237,200,000 | 220,600,000 | 822,100,000 | 201,300,000 | 222,600,000 | 197,100,000 | 620,400,000 | 182,500,000 | 115,100,000 | 132,500,000 | 436,100,000 | 126,300,000 | 84,200,000 | 86,500,000 | 287,300,000 | 71,200,000 | 71,900,000 | 82,300,000 | 260,000,000 | 260,000,000 | 68,000,000 | 62,500,000 | 61,300,000 | 230,600,000 | 230,600,000 | |||||||||||||||||||||||||
yoy | 86.45% | 52.67% | 58.48% | -70.44% | -1.51% | -14.25% | -6.83% | -10.09% | -0.62% | -12.44% | -19.72% | 3.71% | -3.78% | 6.56% | 11.92% | 32.51% | 10.30% | 93.40% | 48.75% | 42.26% | 44.50% | 36.70% | 53.18% | 51.79% | 77.39% | 17.11% | 5.10% | 10.50% | -72.62% | 5.74% | 31.68% | 324.14% | 12.75% | -70.51% | |||||||||||||||||||||||||||||
qoq | 30.01% | 3.98% | 15.40% | 19.51% | 6.46% | 7.94% | -78.48% | 298.23% | -7.32% | 17.28% | -79.23% | 340.17% | -18.34% | 7.52% | -73.17% | 308.40% | -9.57% | 12.94% | -68.23% | 239.95% | 58.56% | -13.13% | -69.62% | 245.29% | 50.00% | -2.66% | -69.89% | 303.51% | -0.97% | -12.64% | -68.35% | 0.00% | 282.35% | 8.80% | 1.96% | -73.42% | 0.00% | ||||||||||||||||||||||||||
gross margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | 62.89% | 62.20% | 62.96% | 64.10% | 64.80% | 63.68% | 67.33% | 65.11% | 63.24% | 63.64% | 64.13% | 63.81% | 60.81% | 65.23% | 58.90% | 55.09% | 51.66% | 53.59% | 49.38% | 48.11% | 43.98% | 41.74% | 44.58% | 47.54% | 38.52% | 38.52% | 39.65% | 38.20% | 35.50% | 37.79% | 37.79% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | NaN% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
other operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative expenses | 8,600,000 | 5,700,000 | 8,700,000 | 8,900,000 | 7,800,000 | 8,400,000 | 5,700,000 | 24,500,000 | 5,000,000 | 6,200,000 | 6,200,000 | 22,500,000 | 4,700,000 | 5,800,000 | 5,600,000 | 19,600,000 | 4,800,000 | 5,400,000 | 6,200,000 | 28,800,000 | 6,300,000 | 11,700,000 | 6,200,000 | 28,800,000 | 5,600,000 | 5,600,000 | 6,900,000 | 22,600,000 | 5,200,000 | 7,000,000 | |||||||||||||||||||||||||||||||||
share-based compensation expenses | 7,700,000 | 2,800,000 | 5,700,000 | 1,000,000 | 2,400,000 | 1,800,000 | 2,800,000 | 4,400,000 | 700,000 | 2,400,000 | 3,200,000 | 10,100,000 | 400,000 | 4,300,000 | 11,200,000 | -200,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
impairment reversal | -700,000 | -4,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of royalty interests | -300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of gold and silver bullion | -3,100,000 | -42,200,000 | -7,100,000 | -2,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other operating expenses | 12,500,000 | -33,900,000 | 8,000,000 | 9,200,000 | 7,600,000 | 9,100,000 | 6,800,000 | 1,194,600,000 | 5,500,000 | 7,200,000 | 5,000,000 | 31,900,000 | 5,500,000 | 5,600,000 | 8,600,000 | -38,600,000 | 4,500,000 | 17,300,000 | 5,600,000 | 283,900,000 | 4,200,000 | 9,300,000 | 275,900,000 | 25,900,000 | 4,100,000 | 5,200,000 | 6,500,000 | 98,500,000 | 5,400,000 | 7,000,000 | 4,900,000 | 24,600,000 | 24,600,000 | 5,000,000 | 6,500,000 | 6,100,000 | 75,200,000 | 75,200,000 | |||||||||||||||||||||||||
operating income | 341,000,000 | 305,800,000 | 253,500,000 | 217,400,000 | 182,000,000 | 169,000,000 | 158,200,000 | -428,000,000 | 187,000,000 | 200,500,000 | 172,100,000 | 820,700,000 | 188,200,000 | 231,600,000 | 212,000,000 | 860,700,000 | 196,800,000 | 205,300,000 | 191,500,000 | 336,500,000 | 178,300,000 | 105,800,000 | -143,400,000 | 410,200,000 | 122,200,000 | 79,000,000 | 80,000,000 | 188,800,000 | 65,800,000 | 64,900,000 | 77,400,000 | 235,400,000 | 235,400,000 | 63,000,000 | 56,000,000 | 55,200,000 | 155,400,000 | 155,400,000 | 67,500,000 | 49,000,000 | 36,400,000 | 53,500,000 | 53,500,000 | 26,600,000 | 30,900,000 | 30,400,000 | 156,300,000 | 156,300,000 | 46,600,000 | 47,600,000 | 48,700,000 | 49,600,000 | 49,600,000 | 42,500,000 | 138,400,000 | 53,300,000 | 55,000,000 | 51,500,000 | 53,700,000 | 28,000,000 | 28,000,000 | 57,471,000 | |
yoy | 87.36% | 80.95% | 60.24% | -150.79% | -2.67% | -15.71% | -8.08% | -152.15% | -0.64% | -13.43% | -18.82% | -4.65% | -4.37% | 12.81% | 10.70% | 155.78% | 10.38% | 94.05% | -233.54% | -17.97% | 45.91% | 33.92% | -279.25% | 117.27% | 85.71% | 21.73% | 3.36% | -19.80% | -72.05% | 3.02% | 38.21% | 326.45% | 51.48% | -59.46% | -17.04% | 12.65% | 326.92% | 190.47% | 26.17% | 84.21% | 17.80% | 75.99% | -65.77% | -82.98% | -33.69% | -36.13% | 220.94% | 215.12% | -6.05% | 14.59% | -64.16% | -6.94% | -17.48% | 157.73% | 90.36% | 96.43% | -10.39% | ||||||
qoq | 11.51% | 20.63% | 16.61% | 19.45% | 7.69% | 6.83% | -136.96% | -328.88% | -6.73% | 16.50% | -79.03% | 336.08% | -18.74% | 9.25% | -75.37% | 337.35% | -4.14% | 7.21% | -43.09% | 88.73% | 68.53% | -173.78% | -134.96% | 235.68% | 54.68% | -1.25% | -57.63% | 186.93% | 1.39% | -16.15% | -67.12% | 0.00% | 273.65% | 12.50% | 1.45% | -64.48% | 0.00% | 130.22% | 37.76% | 34.62% | -31.96% | 0.00% | 101.13% | -13.92% | 1.64% | -80.55% | 0.00% | 235.41% | -2.10% | -2.26% | -1.81% | 0.00% | -69.29% | 159.66% | -3.09% | 6.80% | -4.10% | 91.79% | 0.00% | -51.28% | |||
operating margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -35.11% | 60.42% | 60.78% | 62.29% | 62.38% | 61.87% | 65.74% | 62.57% | 66.21% | 62.22% | 59.15% | 61.99% | 32.98% | 63.72% | 54.15% | -59.63% | 48.60% | 51.85% | 46.33% | 44.49% | 28.90% | 38.57% | 40.24% | 44.71% | 34.87% | 34.87% | 36.73% | 34.23% | 31.96% | 25.47% | 25.47% | 39.24% | 32.47% | 27.58% | 12.06% | 12.06% | 25.65% | 28.24% | 27.84% | 35.33% | 35.33% | 43.31% | 44.20% | 46.78% | 12.37% | 12.37% | NaN% | 45.55% | 32.41% | 48.99% | 52.28% | 50.15% | 51.14% | 6.81% | 6.81% | 50.74% |
foreign exchange gain and other income | 14,200,000 | 4,100,000 | 5,700,000 | 14,400,000 | -1,800,000 | 1,700,000 | 2,200,000 | 3,600,000 | -2,300,000 | -400,000 | 6,200,000 | -3,000,000 | -400,000 | -100,000 | 2,800,000 | 500,000 | -100,000 | -100,000 | 2,800,000 | 1,800,000 | 100,000 | -100,000 | 600,000 | 1,100,000 | 1,100,000 | -900,000 | 400,000 | 700,000 | 200,000 | 200,000 | 4,400,000 | 1,900,000 | 1,400,000 | 1,300,000 | 800,000 | ||||||||||||||||||||||||||||
income before finance items and income taxes | 355,200,000 | 309,900,000 | 259,200,000 | 209,400,000 | 180,700,000 | 159,200,000 | 156,600,000 | -413,600,000 | 185,200,000 | 202,200,000 | 174,300,000 | 824,300,000 | 185,900,000 | 231,200,000 | 218,200,000 | 857,700,000 | 196,400,000 | 204,100,000 | 191,400,000 | 339,300,000 | 178,800,000 | 105,700,000 | -143,500,000 | 413,000,000 | 122,200,000 | 79,000,000 | 80,000,000 | 190,600,000 | 65,900,000 | 64,800,000 | 78,000,000 | 234,000,000 | 234,000,000 | 62,100,000 | 56,400,000 | 55,900,000 | 168,000,000 | 168,000,000 | 67,500,000 | 53,400,000 | 38,300,000 | 46,100,000 | 46,100,000 | 23,000,000 | 32,300,000 | 27,800,000 | 154,700,000 | 154,700,000 | 45,400,000 | 48,900,000 | 49,500,000 | 32,400,000 | 32,400,000 | 33,200,000 | 146,400,000 | 48,600,000 | 63,300,000 | 48,900,000 | 57,600,000 | 37,100,000 | 37,100,000 | 62,507,000 | |
finance items | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
finance income | 8,000,000 | 6,600,000 | 11,100,000 | 13,500,000 | 14,900,000 | 16,200,000 | 16,000,000 | 52,300,000 | 15,500,000 | 10,000,000 | 10,500,000 | 12,600,000 | 2,400,000 | 2,800,000 | 700,000 | 3,700,000 | 600,000 | 1,700,000 | 700,000 | 3,700,000 | 1,100,000 | 1,000,000 | 900,000 | 3,500,000 | 800,000 | 1,200,000 | 700,000 | 3,100,000 | 700,000 | 700,000 | 1,000,000 | 5,400,000 | 5,400,000 | 1,600,000 | 1,100,000 | 900,000 | 3,500,000 | 3,500,000 | 500,000 | 1,000,000 | 1,100,000 | 5,300,000 | 5,300,000 | 1,300,000 | 1,100,000 | 800,000 | 3,900,000 | 3,900,000 | 1,200,000 | 1,100,000 | 700,000 | 3,500,000 | 3,500,000 | 800,000 | 9,600,000 | 900,000 | 3,500,000 | 2,500,000 | 2,200,000 | 4,300,000 | 4,300,000 | 1,302,000 | |
finance expenses | -800,000 | -800,000 | -700,000 | -700,000 | -700,000 | -600,000 | -600,000 | -2,900,000 | -700,000 | -700,000 | -700,000 | -3,200,000 | -800,000 | -800,000 | -900,000 | -3,600,000 | -800,000 | -1,100,000 | -800,000 | -3,500,000 | -800,000 | -800,000 | -1,100,000 | -10,600,000 | -3,500,000 | -2,500,000 | -2,500,000 | -4,600,000 | -700,000 | -800,000 | -900,000 | -3,400,000 | -3,400,000 | -800,000 | -800,000 | -800,000 | -3,600,000 | -3,600,000 | -700,000 | ||||||||||||||||||||||||
net income before income taxes | 362,400,000 | 315,700,000 | 269,600,000 | 222,200,000 | 194,900,000 | 174,800,000 | 172,000,000 | -364,200,000 | 200,000,000 | 211,500,000 | 184,100,000 | 833,700,000 | 187,500,000 | 233,200,000 | 218,000,000 | 857,800,000 | 196,200,000 | 204,700,000 | 191,300,000 | 339,500,000 | 179,100,000 | 105,900,000 | -143,700,000 | 405,900,000 | 119,500,000 | 77,700,000 | 78,200,000 | 189,100,000 | 65,900,000 | 64,700,000 | 78,100,000 | 236,000,000 | 236,000,000 | 62,900,000 | 56,700,000 | 56,000,000 | 167,900,000 | 167,900,000 | 67,300,000 | 53,600,000 | 38,100,000 | 48,500,000 | 48,500,000 | 23,700,000 | 32,900,000 | 28,200,000 | 157,000,000 | 157,000,000 | 46,200,000 | 49,600,000 | 49,800,000 | 34,000,000 | 34,000,000 | 33,600,000 | 154,900,000 | 48,800,000 | 66,500,000 | 51,200,000 | 59,400,000 | 39,100,000 | 39,100,000 | 63,616,000 | |
income tax expense | 74,900,000 | 68,600,000 | 59,800,000 | 46,800,000 | 42,200,000 | 95,300,000 | 27,500,000 | 102,200,000 | 24,900,000 | 27,000,000 | 27,600,000 | 133,100,000 | 30,400,000 | 36,700,000 | 36,000,000 | 124,100,000 | 30,200,000 | 29,400,000 | 19,800,000 | 13,300,000 | 25,200,000 | 11,500,000 | 61,800,000 | 17,900,000 | 13,700,000 | 13,000,000 | 50,100,000 | 13,800,000 | 11,100,000 | 13,500,000 | 41,300,000 | 41,300,000 | 2,900,000 | 11,100,000 | 10,400,000 | 45,700,000 | 45,700,000 | 12,900,000 | 11,300,000 | 8,100,000 | 23,900,000 | 23,900,000 | 8,500,000 | 11,300,000 | 9,000,000 | 50,300,000 | 50,300,000 | 13,000,000 | 12,700,000 | 14,400,000 | 22,300,000 | 22,300,000 | 12,000,000 | 52,300,000 | 13,400,000 | 14,500,000 | 14,300,000 | 12,600,000 | 45,900,000 | 45,900,000 | 19,528,000 | ||
net income | 287,500,000 | 247,100,000 | 209,800,000 | 175,400,000 | 152,700,000 | 79,500,000 | 144,500,000 | -466,400,000 | 175,100,000 | 184,500,000 | 156,500,000 | 700,600,000 | 157,100,000 | 196,500,000 | 182,000,000 | 733,700,000 | 166,000,000 | 175,300,000 | 171,500,000 | 326,200,000 | 153,900,000 | 94,400,000 | -98,800,000 | 344,100,000 | 101,600,000 | 64,000,000 | 65,200,000 | 139,000,000 | 52,100,000 | 53,600,000 | 64,600,000 | 194,700,000 | 194,700,000 | 60,000,000 | 45,600,000 | 45,600,000 | 122,200,000 | 122,200,000 | 54,400,000 | 42,300,000 | 30,000,000 | 24,600,000 | 24,600,000 | 15,200,000 | 21,600,000 | 19,200,000 | 106,700,000 | 106,700,000 | 33,200,000 | 36,900,000 | 35,400,000 | 11,700,000 | 11,700,000 | 21,600,000 | 102,600,000 | 35,400,000 | 52,000,000 | 36,900,000 | 46,800,000 | -6,800,000 | -6,800,000 | 44,088,000 | |
yoy | 88.28% | 210.82% | 45.19% | -137.61% | -12.79% | -56.91% | -7.67% | -166.57% | 11.46% | -6.11% | -14.01% | -4.51% | -5.36% | 12.09% | 6.12% | 124.92% | 7.86% | 85.70% | -273.58% | -5.20% | 51.48% | 47.50% | -251.53% | 147.55% | 95.01% | 19.40% | 0.93% | -28.61% | -73.24% | -10.67% | 41.67% | 326.97% | 59.33% | -50.90% | -16.18% | 7.80% | 307.33% | 396.75% | 121.14% | 178.29% | 38.89% | 28.13% | -76.94% | -85.75% | -34.94% | -47.97% | 201.41% | 811.97% | 183.76% | 63.89% | -88.60% | -66.95% | -41.46% | 119.23% | -620.59% | -864.71% | -16.30% | ||||||
qoq | 16.35% | 17.78% | 19.61% | 14.87% | 92.08% | -44.98% | -130.98% | -366.36% | -5.09% | 17.89% | -77.66% | 345.96% | -20.05% | 7.97% | -75.19% | 341.99% | -5.31% | 2.22% | -47.42% | 111.96% | 63.03% | -195.55% | -128.71% | 238.68% | 58.75% | -1.84% | -53.09% | 166.79% | -2.80% | -17.03% | -66.82% | 0.00% | 224.50% | 31.58% | 0.00% | -62.68% | 0.00% | 124.63% | 28.61% | 41.00% | 21.95% | 0.00% | 61.84% | -29.63% | 12.50% | -82.01% | 0.00% | 221.39% | -10.03% | 4.24% | 202.56% | 0.00% | -78.95% | 189.83% | -31.92% | 40.92% | -21.15% | -788.24% | 0.00% | -115.42% | |||
net income margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -38.26% | 56.58% | 55.93% | 56.64% | 53.25% | 51.64% | 55.78% | 53.72% | 56.44% | 52.48% | 50.50% | 55.52% | 31.97% | 55.00% | 48.31% | -41.08% | 40.77% | 43.11% | 37.54% | 36.26% | 21.28% | 30.54% | 33.23% | 37.32% | 28.84% | 28.84% | 34.99% | 27.87% | 26.40% | 20.03% | 20.03% | 31.63% | 28.03% | 22.73% | 5.55% | 5.55% | 14.66% | 19.74% | 17.58% | 24.12% | 24.12% | 30.86% | 34.26% | 34.01% | 2.92% | 2.92% | NaN% | 23.15% | 24.03% | 32.54% | 49.43% | 35.93% | 44.57% | -1.65% | -1.65% | 38.92% |
other comprehensive income, net of taxes | 172,200,000 | 126,900,000 | 151,500,000 | -105,000,000 | 48,400,000 | 3,100,000 | -37,400,000 | 42,100,000 | -28,200,000 | 24,500,000 | 6,400,000 | -128,700,000 | -85,900,000 | -126,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
items that may be reclassified subsequently to profit and loss: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
currency translation adjustment | -52,600,000 | 95,700,000 | 2,700,000 | -103,900,000 | 24,100,000 | -12,300,000 | -39,200,000 | 34,800,000 | -31,700,000 | 30,300,000 | -400,000 | -92,000,000 | -83,400,000 | -49,200,000 | 22,200,000 | -4,000,000 | -38,000,000 | 17,700,000 | 9,400,000 | 19,600,000 | 13,600,000 | 29,400,000 | -63,600,000 | 32,300,000 | -10,500,000 | 14.1 | 14 | -68,300,000 | 11,200,000 | -17,300,000 | -23,200,000 | 77,200,000 | 77,200,000 | 41,400,000 | 30,700,000 | 9,700,000 | 21,300,000 | 21,300,000 | -4,100,000 | 49,500,000 | 14,700,000 | 39,000,000 | 23,100,000 | 45,200,000 | 18,000,000 | ||||||||||||||||||
items that will not be reclassified subsequently to profit and loss: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on changes in the fair value of equity investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
at fair value through other comprehensive income (fvtoci), | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net of income tax | 224,800,000 | 31,200,000 | 148,800,000 | -1,100,000 | 24,300,000 | 15,400,000 | 1,800,000 | 7,300,000 | 3,500,000 | -5,800,000 | 6,800,000 | -36,700,000 | -2,500,000 | -76,800,000 | 19,700,000 | 22,600,000 | -53,500,000 | 46,700,000 | 18,600,000 | 43,800,000 | 7,500,000 | 37,000,000 | -35,300,000 | 9,900,000 | -43,400,000 | ||||||||||||||||||||||||||||||||||||||
comprehensive income | 459,700,000 | 374,000,000 | 361,300,000 | 70,400,000 | 201,100,000 | 82,600,000 | 107,100,000 | -424,300,000 | 146,900,000 | 209,000,000 | 162,900,000 | 571,900,000 | 71,200,000 | 70,500,000 | 223,900,000 | 752,300,000 | 74,500,000 | 239,700,000 | 199,500,000 | 389,600,000 | 175,000,000 | 160,800,000 | -197,700,000 | 386,300,000 | 47,700,000 | 102.9 | 22.9 | 52,300,000 | 76,900,000 | 46,700,000 | |||||||||||||||||||||||||||||||||
earnings per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1.49 | 1.28 | 1.09 | 0.91 | 0.79 | 0.41 | 0.75 | -2.43 | 0.91 | 0.96 | 0.82 | 3.66 | 0.82 | 1.03 | 0.95 | 3.84 | 0.87 | 0.92 | 0.9 | 1.71 | 0.81 | 0.5 | -0.52 | 1.83 | 0.54 | 0.34 | 0.35 | ||||||||||||||||||||||||||||||||||||
diluted | 1.49 | 1.28 | 1.09 | 0.91 | 0.79 | 0.41 | 0.75 | -2.43 | 0.91 | 0.96 | 0.81 | 3.65 | 0.82 | 1.02 | 0.95 | 3.83 | 0.87 | 0.92 | 0.9 | 1.71 | 0.81 | 0.5 | -0.52 | 1.83 | 0.54 | 0.34 | 0.35 | ||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 192.7 | 192.7 | 192.6 | 192.5 | 192.3 | 192.3 | 192.2 | 192 | 192.1 | 191.9 | 191.9 | 191.5 | 191.6 | 191.5 | 191.3 | 191.1 | 191.1 | 191 | 191 | 190.3 | 190.3 | 190.2 | 189.4 | 187.7 | 187.7 | 187.2 | 187 | ||||||||||||||||||||||||||||||||||||
diluted | 193 | 193 | 192.9 | 192.8 | 192.5 | 192.5 | 192.4 | 192.3 | 192.4 | 192.2 | 192.2 | 191.9 | 191.9 | 191.9 | 191.7 | 191.5 | 191.5 | 191.4 | 191.3 | 190.7 | 190.7 | 190.6 | 189.8 | 188 | 188.1 | 187.5 | 187.3 | ||||||||||||||||||||||||||||||||||||
cobre panama arbitration expenses | 3,900,000 | 700,000 | 2,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses | 1,173,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange gain and other (expenses) income | -8,000,000 | -1,300,000 | -9,800,000 | -1,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of gold bullion | -2,600,000 | -1,100,000 | -1,400,000 | -3,900,000 | -1,400,000 | -700,000 | -700,000 | 400,000 | -200,000 | -1,300,000 | -1,400,000 | -100,000 | -600,000 | -600,000 | -7,000,000 | -2,100,000 | -2,400,000 | -2,000,000 | -2,900,000 | -400,000 | -400,000 | -100,000 | -300,000 | -200,000 | -100,000 | ||||||||||||||||||||||||||||||||||||||
gain on sale of royalty interest | -3,700,000 | -3,700,000 | -14,100,000 | -14,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale of gold bullion | -200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment reversals | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charges | 7,500,000 | 67,500,000 | 67,500,000 | 62,900,000 | 62,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | 41,900,000 | 18,600,000 | -91,500,000 | 64,400,000 | 28,000,000 | 63,400,000 | 21,100,000 | 66,400,000 | -98,900,000 | 42,200,000 | -53,900,000 | 24.8 | 36.9 | -86,700,000 | 24,800,000 | -6,900,000 | -48,900,000 | 118,000,000 | 118,000,000 | 59,100,000 | 19,000,000 | 11,200,000 | 63,600,000 | 63,600,000 | 3,800,000 | 4,000,000 | 16,100,000 | 45,200,000 | |||||||||||||||||||||||||||||||||||
impairment | -68,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange loss and other income | -1,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charges and reversals | 262,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on changes in the fair value of equity investments at fair | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
value through other comprehensive income (fvtoci), | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty, stream and working interests | 100,000 | 31,100,000 | 31,100,000 | 112,900,000 | 112,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty, streams and working interests | 271,700,000 | 76,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax | -44,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
value through other comprehensive income ("fvtoci"), | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of gold bullion | -1,500,000 | 200,000 | -2,300,000 | -700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in the fair value of equity investments at fair value | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
through other comprehensive income ("fvtoci"), | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in the fair value of equity investments at fair value through | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of sales | 15,100,000 | 14,300,000 | 15,600,000 | 15,600,000 | 63,300,000 | 63,300,000 | 16,232,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in the fair value of equity investments at fair value through other | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on investments | 2,000,000 | 2,000,000 | 12,400,000 | 12,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of investments | -4,500,000 | -4,500,000 | 400,000 | 400,000 | 30,700,000 | 30,700,000 | 4,500,000 | 8,600,000 | 1,400,000 | 17,500,000 | 17,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in the fair value of available-for-sale investments, net of income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification for realized loss in fair value of available-for-sale investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income, net of income tax | -18,400,000 | 13,600,000 | 10,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | 0.75 | 0.28 | 0.29 | 0.35 | 1.06 | 1.06 | 0.32 | 0.25 | 0.26 | 0.7 | 0.7 | 0.31 | 0.24 | 0.18 | 0.16 | 0.16 | 0.1 | 0.14 | 0.12 | 0.71 | 0.71 | 0.22 | 0.25 | 0.24 | 0.08 | 0.08 | 0.15 | 0.72 | 0.24 | 0.36 | 0.26 | 0.33 | -0.05 | -0.05 | 0.35 | ||||||||||||||||||||||||||||
diluted earnings per share | 0.75 | 0.28 | 0.29 | 0.35 | 1.06 | 1.06 | 0.32 | 0.25 | 0.25 | 0.69 | 0.69 | 0.3 | 0.24 | 0.18 | 0.16 | 0.16 | 0.1 | 0.14 | 0.12 | 0.7 | 0.7 | 0.22 | 0.25 | 0.24 | 0.08 | 0.08 | 0.15 | 0.71 | 0.24 | 0.35 | 0.25 | 0.33 | -0.05 | -0.05 | 0.34 | ||||||||||||||||||||||||||||
total cost of sales | 99,400,000 | 89,400,000 | 90,800,000 | 415,000,000 | 415,000,000 | 103,500,000 | 101,100,000 | 111,400,000 | 379,600,000 | 379,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income: | 63,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
corporate administration | 4,500,000 | 21,300,000 | 21,300,000 | 4,300,000 | 5,800,000 | 5,300,000 | 20,700,000 | 20,700,000 | 3,800,000 | 5,700,000 | 5,400,000 | 15,100,000 | 15,100,000 | 4,000,000 | 4,100,000 | 4,100,000 | 16,400,000 | 16,400,000 | 3,300,000 | 4,500,000 | 4,200,000 | 15,200,000 | 15,200,000 | 3,600,000 | 17,400,000 | 3,700,000 | 4,200,000 | 3,800,000 | 3,600,000 | 18,000,000 | 18,000,000 | 4,432,000 | |||||||||||||||||||||||||||||||
business development | 700,000 | 3,600,000 | 3,600,000 | 900,000 | 800,000 | 800,000 | 3,400,000 | 3,400,000 | 500,000 | 300,000 | 300,000 | 2,700,000 | 2,700,000 | 1,000,000 | 1,300,000 | 500,000 | 2,200,000 | 2,200,000 | 600,000 | 800,000 | 500,000 | 3,000,000 | 3,000,000 | 600,000 | 2,600,000 | 900,000 | 500,000 | 800,000 | 400,000 | 2,600,000 | 2,600,000 | 434,000 | |||||||||||||||||||||||||||||||
changes in the fair value of available-for-sale investments, net of income tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in the fair value of equity investments at fair value through other comprehensive | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income, net of income tax | -25,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | 15,700,000 | 312,700,000 | 312,700,000 | 119,100,000 | 64,600,000 | 56,800,000 | 185,800,000 | 185,800,000 | 58,200,000 | 46,300,000 | 93,800,000 | -164,700,000 | -164,700,000 | -53,900,000 | 37,700,000 | -76,700,000 | -34,100,000 | 82,100,000 | 3,200,000 | -39,400,000 | 141,800,000 | 5,700,000 | 112,200,000 | 6,900,000 | 70,800,000 | -20,100,000 | -20,100,000 | -18,650,000 | |||||||||||||||||||||||||||||||||||
(gain) on sale of gold bullion | -300,000 | -300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in the fair value of available-for-sale investments, net of income tax expense of 6.1 | 38,400,000 | 38,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification of realized gain in fair value of available-for-sale investments, net of income tax recovery of 0.2 | 2,400,000 | 2,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in the fair value of available-for-sale investments, net of income tax expense of 2.7 | 17,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in the market value of available-for-sale investments, net of income tax recovery of 1.8 | -11,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized change in market value of available-for-sale investments | -200,000 | 1,100,000 | 1,100,000 | 400,000 | 400,000 | 6,500,000 | 6,500,000 | 8,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in the market value of available-for-sale investments, net of income tax expense of 0.2 | 1,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in the market value of available-for-sale investments, net of income tax expense of 5.3 | 52,900,000 | 52,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized change in market value of available-for-sale investments, net of income tax expense of 1.6 | -10,600,000 | -10,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
costs and expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in the market value of available-for-sale investments, net of income tax expense of 1.2 | 8,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain | 10,800,000 | 15,800,000 | 100,000 | 2,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in the market value of available-for-sale investments, net of an income tax recovery of 1.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in market value of available-for-sale investments, net of income tax recovery of 1.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
items that may be classified subsequently to profit and loss: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized change in market value of available-for-sale investments, net of an income tax expense of 0.7 | 2,200,000 | 2,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss for the year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income for the year | 10,400,000 | 10,400,000 | -96,600,000 | -96,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty interests | 200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in market value of available-for-sale investments, net of income recovery of 1.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in market value of available-for-sale investments, net of income tax of 1.2, | 6,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in market value of available-for-sale investments, net of income tax of 0.9 | 5,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized change in market value of available-for-sale investments, net of an income tax recovery of 3.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income for the year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange gains/ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in market value of available-for-sale investments, net of income tax of 1.9 and 2.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-cash items | 0.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax expense | 3.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based payments | 2.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange loss | 2.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mark-to-market on warrants | 9.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in non-cash assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in receivables | 19.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in prepaid expenses and other | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase/(decrease) in accounts payable and accrued liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 145 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds on sale of short-term investments | 163.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of interest in oil & gas properties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of working interest in oil & gas properties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of interests in mineral properties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of capital on investments | 1.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of property and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of oil & gas well equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | 40.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of dividends | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
credit facility amendment costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of warrants | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 126.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 631.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 758.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest expense and loan standby fees during the period | 0.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid during the period | 35.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty and stream interests | 74,100,000 | 151,200,000 | 151,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange gain | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from equity investee | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on acquisition of gold wheaton | 5,700,000 | 5,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of available-for-sale investments | 8,200,000 | 8,200,000 | 6,245,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss from equity investee | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized change in market value of available-for-sale investments, net of income tax | 7,500,000 | 15,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange gains and other income/ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in market value of available-for-sale investments, net of income tax of 0.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange gain and other income/ | 8,300,000 | 3,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale/acquisition of investments/gold wheaton | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange loss and other expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
costs and expenses - sum | 55,793,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-05-04 | 2022-03-31 | 2021-12-31 | 2021-11-03 | 2021-09-30 | 2021-06-30 | 2021-05-05 | 2021-04-16 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-04-01 | 2020-03-31 | 2019-12-31 | 2019-11-12 | 2019-09-30 | 2019-06-30 | 2019-05-08 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-08-31 | 2018-06-30 | 2018-05-31 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-08-31 | 2017-06-30 | 2017-05-01 | 2017-03-31 | 2016-12-31 | 2016-11-07 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2016-03-10 | 2015-12-31 | 2015-09-30 | 2015-08-10 | 2015-06-30 | 2015-03-31 | 2015-03-25 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2014-03-19 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-05-08 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2012-03-21 | 2011-12-31 | 2011-09-30 | 1995-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 236,700,000 | 160,300,000 | 1,128,100,000 | 1,451,300,000 | 1,317,300,000 | 1,439,000,000 | 1,352,000,000 | 1,421,900,000 | 1,297,100,000 | 1,295,100,000 | 1,248,400,000 | 1,196,500,000 | 1,057,400,000 | 910,600,000 | 722,700,000 | 539,300,000 | 346,700,000 | 346,700,000 | 197,700,000 | 538,500,000 | 538,500,000 | 534,200,000 | 466,800,000 | 378,500,000 | 209,800,000 | 132,100,000 | 91,700,000 | 91,700,000 | 398,900,000 | 72,600,000 | 72,600,000 | 69,700,000 | 76,900,000 | 72,100,000 | 72,100,000 | 87,700,000 | 87,700,000 | 511,100,000 | 533,300,000 | 614,300,000 | 614,300,000 | 283,000,000 | 253,000,000 | 277,600,000 | 277,600,000 | 225,800,000 | 176,300,000 | 149,200,000 | 149,200,000 | 605,400,000 | 610,800,000 | 610,800,000 | 598,500,000 | 592,500,000 | 592,500,000 | 1,221,900,000 | 702,100,000 | 669,900,000 | 770,000,000 | 770,000,000 | 758,200,000 | 631,700,000 | 718,500,000 | 631,700,000 | 951,200,000 | 961,000,000 | 847,000,000 | 794,100,000 | 794,100,000 | 333,634,000 | ||||||
receivables | 190,700,000 | 146,700,000 | 160,200,000 | 151,800,000 | 133,900,000 | 120,900,000 | 126,700,000 | 111,000,000 | 134,800,000 | 144,400,000 | 151,800,000 | 135,700,000 | 150,000,000 | 144,300,000 | 144,500,000 | 119,800,000 | 147,800,000 | 147,800,000 | 115,700,000 | 102,300,000 | 102,300,000 | 93,400,000 | 93,500,000 | 78,400,000 | 83,100,000 | 97,800,000 | 85,600,000 | 85,600,000 | 70,800,000 | 68,600,000 | 68,600,000 | 75,500,000 | 60,700,000 | 62,300,000 | 62,300,000 | 61,400,000 | 61,400,000 | 65,900,000 | 64,900,000 | 55,100,000 | 55,100,000 | 69,100,000 | 71,100,000 | 72,400,000 | 72,400,000 | 56,400,000 | 49,900,000 | 65,100,000 | 65,100,000 | 50,000,000 | 51,200,000 | 51,200,000 | 55,900,000 | 72,100,000 | 72,100,000 | 69,100,000 | 73,700,000 | 72,600,000 | 78,000,000 | 78,000,000 | 63,900,000 | 83,400,000 | 76,100,000 | 77,800,000 | 72,800,000 | 67,400,000 | 79,100,000 | 79,100,000 | 78,952,000 | |||||||
gold and silver bullion and stream inventory | 10,300,000 | 7,000,000 | 89,400,000 | 96,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable | 23,700,000 | 17,800,000 | 11,900,000 | 5,900,000 | 110,500,000 | 10,200,000 | 65,400,000 | 24,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other current assets | 81,100,000 | 25,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | 542,500,000 | 357,300,000 | 1,394,900,000 | 1,716,800,000 | 1,551,000,000 | 1,668,300,000 | 1,570,200,000 | 1,615,300,000 | 1,516,500,000 | 1,503,300,000 | 1,446,400,000 | 1,383,100,000 | 1,263,200,000 | 1,102,800,000 | 949,600,000 | 751,400,000 | 584,900,000 | 584,900,000 | 358,900,000 | 677,000,000 | 677,000,000 | 663,700,000 | 601,000,000 | 515,700,000 | 340,100,000 | 278,700,000 | 261,000,000 | 261,000,000 | 540,200,000 | 172,900,000 | 172,900,000 | 178,500,000 | 172,500,000 | 179,900,000 | 179,900,000 | 188,300,000 | 188,300,000 | 616,400,000 | 662,900,000 | 719,500,000 | 719,500,000 | 388,100,000 | 361,200,000 | 361,200,000 | 384,800,000 | 384,800,000 | 318,400,000 | 269,300,000 | 274,700,000 | 274,700,000 | 719,300,000 | 712,600,000 | 712,600,000 | 698,000,000 | 698,900,000 | 698,900,000 | 1,335,300,000 | 837,100,000 | 791,600,000 | 912,300,000 | 912,300,000 | 879,400,000 | 879,200,000 | 916,300,000 | 1,230,200,000 | 1,076,800,000 | 1,026,800,000 | 894,400,000 | 894,400,000 | 457,389,000 | ||||||
royalty, stream and working interests | 6,087,100,000 | 5,899,800,000 | 4,539,000,000 | 4,098,800,000 | 4,230,600,000 | 4,031,100,000 | 4,078,700,000 | 4,027,100,000 | 5,156,900,000 | 5,086,600,000 | 4,973,300,000 | 4,927,500,000 | 4,864,700,000 | 4,998,200,000 | 5,095,100,000 | 5,149,300,000 | 5,124,600,000 | 5,124,600,000 | 5,222,400,000 | 4,748,700,000 | 4,748,700,000 | 4,632,100,000 | 4,512,400,000 | 4,423,800,000 | 4,449,400,000 | 4,797,800,000 | 4,845,700,000 | 4,845,700,000 | 4,595,800,000 | 4,604,400,000 | 4,604,400,000 | 4,555,600,000 | 4,436,000,000 | 4,403,000,000 | 4,403,000,000 | 4,385,000,000 | 4,385,000,000 | 3,939,200,000 | 3,877,500,000 | 3,752,900,000 | 3,752,900,000 | 3,665,400,000 | 3,668,300,000 | 3,684,700,000 | 3,684,700,000 | 3,720,000,000 | 3,749,500,000 | 3,257,500,000 | 3,257,500,000 | 2,423,100,000 | 2,508,500,000 | 2,508,500,000 | 2,537,800,000 | 2,636,900,000 | 2,636,900,000 | 2,081,700,000 | 2,135,500,000 | 2,121,100,000 | 2,050,200,000 | 2,050,200,000 | 2,168,700,000 | 2,223,600,000 | 2,172,100,000 | 1,925,200,000 | 1,933,600,000 | 1,974,400,000 | 1,912,100,000 | 1,912,100,000 | 2,020,650,000 | |||||||
investments | 774,200,000 | 597,800,000 | 539,900,000 | 325,500,000 | 323,300,000 | 278,000,000 | 257,200,000 | 254,500,000 | 239,700,000 | 232,300,000 | 235,200,000 | 227,200,000 | 225,700,000 | 213,200,000 | 260,600,000 | 143,800,000 | 143,800,000 | 33,400,000 | 197,600,000 | 197,600,000 | 169,700,000 | 197,700,000 | 178,900,000 | 178,900,000 | 169,400,000 | 169,400,000 | 203,100,000 | 166,200,000 | 140,800,000 | 140,800,000 | 150,600,000 | 147,400,000 | 131,700,000 | 131,700,000 | 123,400,000 | 114,000,000 | 94,800,000 | 94,800,000 | 112,000,000 | 109,800,000 | 109,800,000 | 75,800,000 | 67,100,000 | 67,100,000 | 43,100,000 | 54,800,000 | 45,900,000 | 38,200,000 | 38,200,000 | 68,400,000 | 108,400,000 | 93,600,000 | 121,800,000 | 95,000,000 | 101,500,000 | 74,400,000 | 74,400,000 | 62,842,000 | ||||||||||||||||||
deferred income tax assets | 24,100,000 | 25,700,000 | 26,600,000 | 30,800,000 | 30,700,000 | 35,400,000 | 35,100,000 | 37,000,000 | 37,900,000 | 35,200,000 | 37,000,000 | 39,900,000 | 41,400,000 | 46,500,000 | 48,200,000 | 49,400,000 | 51,200,000 | 51,200,000 | 46,700,000 | 51,800,000 | 51,800,000 | 45,100,000 | 45,800,000 | 54,000,000 | 52,800,000 | 6,800,000 | 7,200,000 | 7,200,000 | 16,900,000 | 16,800,000 | 16,800,000 | 17,300,000 | 14,900,000 | 6,500,000 | 6,500,000 | 14,500,000 | 14,500,000 | 14,500,000 | 20,500,000 | 22,400,000 | 22,400,000 | 21,900,000 | 21,300,000 | 23,300,000 | 23,300,000 | 18,800,000 | 16,400,000 | 16,100,000 | 16,100,000 | 14,800,000 | 14,400,000 | 14,400,000 | 14,800,000 | 13,900,000 | 13,900,000 | 13,800,000 | 13,100,000 | 13,600,000 | 15,800,000 | 15,800,000 | 9,400,000 | 8,700,000 | 10,700,000 | 8,900,000 | 12,400,000 | 13,700,000 | 10,600,000 | 10,600,000 | 10,168,000 | |||||||
other assets | 12,100,000 | 57,500,000 | 54,800,000 | 54,400,000 | 53,500,000 | 52,700,000 | 52,700,000 | 35,400,000 | 34,900,000 | 49,800,000 | 49,000,000 | 49,100,000 | 48,700,000 | 49,800,000 | 46,900,000 | 23,900,000 | 18,800,000 | 18,800,000 | 18,900,000 | 19,000,000 | 19,000,000 | 13,600,000 | 8,700,000 | 8,800,000 | 8,500,000 | 14,100,000 | 12,400,000 | 12,400,000 | 13,000,000 | 13,400,000 | 13,400,000 | 10,700,000 | 13,400,000 | 13,700,000 | 13,700,000 | 14,600,000 | 14,600,000 | 15,200,000 | 17,700,000 | 19,900,000 | 19,900,000 | 21,800,000 | 23,400,000 | 26,500,000 | 26,500,000 | 29,300,000 | 32,000,000 | |||||||||||||||||||||||||||||
total assets | 7,516,900,000 | 7,020,600,000 | 6,653,400,000 | 6,330,400,000 | 6,299,600,000 | 6,141,200,000 | 6,059,300,000 | 5,994,100,000 | 6,985,900,000 | 6,907,200,000 | 6,740,900,000 | 6,626,800,000 | 6,443,700,000 | 6,410,500,000 | 6,400,400,000 | 6,209,900,000 | 5,984,700,000 | 5,984,700,000 | 5,955,100,000 | 5,747,200,000 | 5,747,200,000 | 5,592,900,000 | 5,357,500,000 | 5,182,200,000 | 4,981,700,000 | 5,280,600,000 | 5,270,100,000 | 5,270,100,000 | 5,358,700,000 | 5,005,100,000 | 5,005,100,000 | 4,931,800,000 | 4,834,500,000 | 4,782,000,000 | 4,782,000,000 | 4,771,800,000 | 4,771,800,000 | 4,788,400,000 | 4,744,800,000 | 4,655,500,000 | 4,655,500,000 | 4,247,800,000 | 4,221,600,000 | 4,221,600,000 | 4,251,000,000 | 4,251,000,000 | 4,209,900,000 | 4,181,200,000 | 3,674,300,000 | 3,674,300,000 | 3,311,700,000 | 3,391,400,000 | 3,391,400,000 | 3,372,500,000 | 3,466,900,000 | 3,466,900,000 | 3,526,100,000 | 3,095,200,000 | 3,027,200,000 | 3,044,900,000 | 3,044,900,000 | 3,152,600,000 | 3,243,900,000 | 3,219,200,000 | 3,243,900,000 | 3,308,900,000 | 3,139,300,000 | 3,137,500,000 | 2,901,000,000 | 2,901,000,000 | 2,559,899,000 | |||||
liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 66,100,000 | 33,600,000 | 30,700,000 | 28,700,000 | 26,200,000 | 30,100,000 | 41,800,000 | 30,900,000 | 35,000,000 | 52,200,000 | 46,800,000 | 43,100,000 | 40,000,000 | 34,900,000 | 36,800,000 | 33,600,000 | 29,500,000 | 29,500,000 | 32,800,000 | 33,800,000 | 33,800,000 | 40,800,000 | 37,000,000 | 35,300,000 | 38,600,000 | 41,800,000 | 34,400,000 | 34,400,000 | 39,100,000 | 36,900,000 | 36,900,000 | 23,600,000 | 21,200,000 | 20,700,000 | 20,700,000 | 21,400,000 | 21,400,000 | 21,500,000 | 22,300,000 | 20,500,000 | 20,500,000 | 16,800,000 | 21,000,000 | 19,500,000 | 19,500,000 | 19,300,000 | 18,200,000 | 18,000,000 | 18,000,000 | 16,900,000 | 21,900,000 | 21,900,000 | 22,600,000 | 17,700,000 | 17,700,000 | 20,500,000 | 18,800,000 | 17,600,000 | 46,100,000 | 46,100,000 | 40,600,000 | 44,000,000 | 41,400,000 | 38,100,000 | 38,300,000 | 32,600,000 | 35,900,000 | 35,900,000 | 31,985,000 | |||||||
income tax liabilities | 50,800,000 | 50,400,000 | 30,200,000 | 38,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | 116,900,000 | 84,000,000 | 60,900,000 | 67,500,000 | 66,300,000 | 57,300,000 | 53,400,000 | 39,200,000 | 40,200,000 | 56,300,000 | 50,300,000 | 50,200,000 | 51,900,000 | 42,400,000 | 43,700,000 | 43,200,000 | 43,100,000 | 43,100,000 | 36,400,000 | 41,300,000 | 41,300,000 | 53,200,000 | 41,800,000 | 38,100,000 | 40,600,000 | 53,400,000 | 41,000,000 | 41,000,000 | 202,000,000 | 41,800,000 | 41,800,000 | 25,000,000 | 22,600,000 | 21,500,000 | 21,500,000 | 23,000,000 | 23,000,000 | 22,600,000 | 31,400,000 | 38,700,000 | 38,700,000 | 31,900,000 | 37,600,000 | 37,600,000 | 27,200,000 | 27,200,000 | 22,200,000 | 19,900,000 | 20,800,000 | 20,800,000 | 21,200,000 | 24,300,000 | 24,300,000 | 26,700,000 | 21,100,000 | 21,100,000 | 23,000,000 | 21,300,000 | 21,200,000 | 51,100,000 | 51,100,000 | 43,600,000 | 56,800,000 | 49,300,000 | ||||||||||||
deferred income tax liabilities | 369,000,000 | 311,600,000 | 265,100,000 | 238,000,000 | 242,000,000 | 234,100,000 | 181,600,000 | 180,100,000 | 168,700,000 | 165,400,000 | 159,200,000 | 153,000,000 | 135,100,000 | 135,700,000 | 145,100,000 | 135,400,000 | 108,400,000 | 108,400,000 | 115,100,000 | 98,400,000 | 98,400,000 | 91,500,000 | 80,900,000 | 69,400,000 | 60,400,000 | 82,400,000 | 78,500,000 | 78,500,000 | 81,400,000 | 74,800,000 | 74,800,000 | 67,300,000 | 67,000,000 | 60,300,000 | 60,300,000 | 61,700,000 | 61,700,000 | 60,300,000 | 49,500,000 | 43,600,000 | 43,600,000 | 41,000,000 | 37,500,000 | 35,700,000 | 35,700,000 | 29,800,000 | 27,100,000 | 33,200,000 | 33,200,000 | 43,600,000 | 44,200,000 | 44,200,000 | 39,200,000 | 40,300,000 | 40,300,000 | 37,800,000 | 39,000,000 | 33,400,000 | 30,000,000 | 30,000,000 | 38,800,000 | 38,000,000 | 39,100,000 | 38,000,000 | 39,100,000 | 31,100,000 | 28,600,000 | 23,500,000 | 23,500,000 | 34,267,000 | ||||||
other liabilities | 8,500,000 | 10,000,000 | 8,400,000 | 8,500,000 | 4,500,000 | 4,600,000 | 4,800,000 | 5,700,000 | 5,700,000 | 6,000,000 | 5,800,000 | 6,000,000 | 5,300,000 | 5,700,000 | 5,900,000 | 6,100,000 | 4,000,000 | 4,000,000 | 4,100,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,300,000 | 4,300,000 | 4,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 517,600,000 | 418,600,000 | 360,900,000 | 333,800,000 | 312,800,000 | 296,000,000 | 239,800,000 | 225,000,000 | 214,600,000 | 227,700,000 | 215,300,000 | 209,200,000 | 192,300,000 | 183,800,000 | 194,700,000 | 184,700,000 | 155,500,000 | 155,500,000 | 155,600,000 | 144,100,000 | 144,100,000 | 149,100,000 | 127,000,000 | 111,800,000 | 105,300,000 | 218,400,000 | 364,500,000 | 364,500,000 | 558,400,000 | 276,600,000 | 276,600,000 | 299,900,000 | 89,600,000 | 81,800,000 | 81,800,000 | 84,700,000 | 84,700,000 | 82,900,000 | 80,900,000 | 82,300,000 | 82,300,000 | 72,900,000 | 75,100,000 | 75,100,000 | 62,900,000 | 62,900,000 | 52,000,000 | 47,000,000 | 511,300,000 | 511,300,000 | 64,800,000 | 68,500,000 | 68,500,000 | 65,900,000 | 61,400,000 | 61,400,000 | 60,800,000 | 60,300,000 | 54,600,000 | 81,100,000 | 81,100,000 | 82,400,000 | 94,800,000 | 88,400,000 | 87,700,000 | 83,600,000 | 69,200,000 | 66,800,000 | 66,800,000 | 71,356,000 | ||||||
shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share capital | 5,799,600,000 | 5,789,200,000 | 5,782,200,000 | 5,769,100,000 | 5,762,100,000 | 5,753,900,000 | 5,742,200,000 | 5,728,200,000 | 5,722,100,000 | 5,713,600,000 | 5,704,400,000 | 5,695,300,000 | 5,669,800,000 | 5,657,000,000 | 5,647,200,000 | 5,628,500,000 | 5,611,100,000 | 5,611,100,000 | 5,600,000,000 | 5,588,200,000 | 5,588,200,000 | 5,580,100,000 | 5,565,400,000 | 5,531,900,000 | 5,448,700,000 | 5,390,700,000 | 5,316,200,000 | 5,316,200,000 | 5,210,900,000 | 5,196,500,000 | 5,196,500,000 | 5,158,300,000 | ||||||||||||||||||||||||||||||||||||||||||||
contributed surplus | 20,200,000 | 19,300,000 | 17,900,000 | 23,000,000 | 21,900,000 | 20,300,000 | 19,300,000 | 20,600,000 | 19,900,000 | 18,200,000 | 17,000,000 | 15,600,000 | 19,600,000 | 17,900,000 | 16,200,000 | 16,100,000 | 18,700,000 | 18,700,000 | 17,100,000 | 15,600,000 | 15,600,000 | 14,000,000 | 16,200,000 | 15,100,000 | 15,200,000 | 14,200,000 | 17,300,000 | 17,300,000 | 17,800,000 | 16,800,000 | 16,800,000 | 15,600,000 | 18,700,000 | 17,100,000 | 17,100,000 | 15,700,000 | 15,700,000 | 14,200,000 | 16,000,000 | 16,100,000 | 16,100,000 | 43,200,000 | 41,600,000 | 43,200,000 | 43,200,000 | 42,000,000 | 42,500,000 | 44,300,000 | 44,300,000 | 49,100,000 | 47,700,000 | 47,700,000 | 46,400,000 | 45,500,000 | 45,500,000 | 47,100,000 | 46,300,000 | 45,900,000 | 45,800,000 | 45,800,000 | 47,900,000 | 47,200,000 | 48,000,000 | 48,900,000 | 78,200,000 | 77,700,000 | 99,500,000 | 99,500,000 | 93,687,000 | |||||||
retained earnings | 1,078,400,000 | 806,600,000 | 626,400,000 | 486,500,000 | 380,300,000 | 294,000,000 | 283,700,000 | 212,300,000 | 1,260,700,000 | 1,150,900,000 | 1,031,500,000 | 940,400,000 | 836,900,000 | 740,800,000 | 605,300,000 | 484,900,000 | 321,300,000 | 321,300,000 | 212,900,000 | 93,800,000 | 93,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 101,100,000 | 10,500,000 | 15,100,000 | 105,800,000 | 76,100,000 | 120,800,000 | 60,600,000 | 90,600,000 | 66,600,000 | 66,600,000 | 35,513,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 6,999,300,000 | 6,602,000,000 | 6,292,500,000 | 5,996,600,000 | 5,986,800,000 | 5,845,200,000 | 5,819,500,000 | 5,769,100,000 | 6,771,300,000 | 6,679,500,000 | 6,525,600,000 | 6,417,600,000 | 6,251,400,000 | 6,226,700,000 | 6,205,700,000 | 6,025,200,000 | 5,829,200,000 | 5,829,200,000 | 5,799,500,000 | 5,603,100,000 | 5,603,100,000 | 5,443,800,000 | 5,230,500,000 | 5,070,400,000 | 4,876,400,000 | 5,062,200,000 | 4,905,600,000 | 4,905,600,000 | 4,800,400,000 | 4,728,500,000 | 4,728,500,000 | 4,631,900,000 | 4,744,900,000 | 4,700,200,000 | 4,700,200,000 | 4,687,100,000 | 4,687,100,000 | 4,705,500,000 | 4,663,900,000 | 4,573,200,000 | 4,573,200,000 | 4,174,900,000 | 4,146,500,000 | 4,146,500,000 | 4,188,100,000 | 4,188,100,000 | 4,157,900,000 | 4,134,200,000 | 3,163,000,000 | 3,163,000,000 | 3,246,900,000 | 3,322,900,000 | 3,322,900,000 | 3,306,600,000 | 3,405,500,000 | 3,405,500,000 | 3,465,300,000 | 3,034,900,000 | 2,972,600,000 | 2,963,800,000 | 2,963,800,000 | 3,070,200,000 | 3,149,100,000 | 3,130,800,000 | 3,149,100,000 | 3,221,200,000 | 3,055,700,000 | 3,068,300,000 | 2,834,200,000 | 2,834,200,000 | 2,488,543,000 | |||||
total liabilities and shareholders’ equity | 7,516,900,000 | 7,020,600,000 | 6,653,400,000 | 6,330,400,000 | 6,299,600,000 | 6,141,200,000 | 6,059,300,000 | 5,994,100,000 | 6,985,900,000 | 6,907,200,000 | 6,740,900,000 | 6,626,800,000 | 6,443,700,000 | 6,410,500,000 | 6,400,400,000 | 6,209,900,000 | 5,984,700,000 | 5,984,700,000 | 5,955,100,000 | 5,747,200,000 | 5,747,200,000 | 5,592,900,000 | 5,357,500,000 | 5,182,200,000 | 4,981,700,000 | 5,280,600,000 | 5,270,100,000 | 5,270,100,000 | 5,358,800,000 | 5,005,100,000 | 5,005,100,000 | 4,931,800,000 | 4,834,500,000 | 4,782,000,000 | 4,782,000,000 | 4,771,800,000 | 4,771,800,000 | 4,788,400,000 | 4,744,800,000 | 4,655,500,000 | 4,655,500,000 | 4,247,800,000 | 4,221,600,000 | 4,251,000,000 | 4,251,000,000 | 4,209,900,000 | 4,181,200,000 | 3,674,300,000 | 3,674,300,000 | 3,311,700,000 | 3,391,400,000 | 3,391,400,000 | 3,372,500,000 | 3,466,900,000 | 3,466,900,000 | 3,526,100,000 | 3,095,200,000 | 3,027,200,000 | 3,044,900,000 | 3,044,900,000 | 3,152,600,000 | 3,243,900,000 | 3,219,200,000 | 3,308,900,000 | 3,139,300,000 | 3,137,500,000 | 2,901,000,000 | 2,901,000,000 | 2,559,899,000 | |||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -13,100,000 | -134,000,000 | -282,000,000 | -177,500,000 | -223,000,000 | -225,700,000 | -192,000,000 | -231,400,000 | -203,200,000 | -227,300,000 | -233,700,000 | -274,900,000 | -189,000,000 | -63,000,000 | -104,300,000 | -121,900,000 | -121,900,000 | -30,500,000 | -94,500,000 | -94,500,000 | -115,900,000 | -190,600,000 | -210,800,000 | -277,200,000 | -178,300,000 | -196,400,000 | -196,400,000 | -142,200,000 | -180,200,000 | -180,200,000 | -220,300,000 | -164,600,000 | -189,400,000 | -189,400,000 | -182,500,000 | -182,500,000 | -106,500,000 | -135,200,000 | -194,300,000 | -194,300,000 | -213,300,000 | -224,500,000 | -216,500,000 | -216,500,000 | ||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 5,300,000 | 11,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gold bullion, prepaid expenses and other current assets | 99,800,000 | 98,200,000 | 91,500,000 | 82,400,000 | 84,600,000 | 63,800,000 | 46,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current income tax liabilities | 40,100,000 | 27,200,000 | 11,600,000 | 8,300,000 | 5,200,000 | 4,100,000 | 3,500,000 | 7,100,000 | 11,900,000 | 7,500,000 | 6,900,000 | 9,600,000 | 13,600,000 | 13,600,000 | 3,600,000 | 7,500,000 | 7,500,000 | 12,400,000 | 4,800,000 | 2,800,000 | 2,000,000 | 11,600,000 | 6,600,000 | 6,600,000 | 2,900,000 | 4,900,000 | 4,900,000 | 1,400,000 | 1,400,000 | 800,000 | 800,000 | 1,600,000 | 1,600,000 | 1,100,000 | 9,100,000 | 18,200,000 | 18,200,000 | 15,100,000 | 16,600,000 | 7,700,000 | 7,700,000 | 2,900,000 | 1,700,000 | 2,800,000 | 2,800,000 | 4,300,000 | 2,400,000 | 2,400,000 | 4,100,000 | 3,400,000 | 3,400,000 | 2,500,000 | 2,500,000 | 3,600,000 | 5,000,000 | 5,000,000 | 3,000,000 | 12,800,000 | 7,900,000 | 10,500,000 | 14,200,000 | 8,000,000 | 7,400,000 | 7,400,000 | 5,104,000 | |||||||||||
loan receivable | 40,400,000 | 39,700,000 | 39,000,000 | 39,000,000 | 15,000,000 | 34,000,000 | 34,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other | 50,900,000 | 55,800,000 | 47,900,000 | 42,000,000 | 52,600,000 | 51,400,000 | 51,400,000 | 45,500,000 | 36,200,000 | 36,200,000 | 36,100,000 | 40,700,000 | 43,800,000 | 47,200,000 | 48,800,000 | 49,700,000 | 49,700,000 | 37,100,000 | 31,700,000 | 31,700,000 | 33,300,000 | 34,900,000 | 45,500,000 | 45,500,000 | 39,200,000 | 39,200,000 | 39,400,000 | 52,000,000 | 50,100,000 | 50,100,000 | 36,000,000 | 37,100,000 | 34,800,000 | 34,800,000 | 36,200,000 | 32,500,000 | 41,600,000 | 41,600,000 | 55,400,000 | 50,600,000 | 50,600,000 | 43,600,000 | 34,300,000 | 34,300,000 | 44,300,000 | 47,400,000 | 38,800,000 | 46,300,000 | 46,300,000 | 18,500,000 | 15,900,000 | 14,400,000 | 21,800,000 | 16,900,000 | 6,600,000 | 4,500,000 | 4,500,000 | 6,864,000 | ||||||||||||||||||
● | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments and loan receivable | 235,900,000 | 205,200,000 | 205,200,000 | 308,200,000 | 250,700,000 | 250,700,000 | 238,400,000 | 189,600,000 | 179,900,000 | 130,900,000 | 183,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subsequent events | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt | 80,000,000 | 160,000,000 | 157,200,000 | 157,200,000 | 207,600,000 | 457,300,000 | 457,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deficit | -34,400,000 | -160,500,000 | -265,800,000 | -310,300,000 | -164,400,000 | -231,500,000 | -231,500,000 | -286,100,000 | -304,600,000 | -304,600,000 | -321,700,000 | -245,500,000 | -252,600,000 | -252,600,000 | -261,600,000 | -261,600,000 | -310,000,000 | -310,300,000 | -327,500,000 | -327,500,000 | -330,600,000 | -336,800,000 | -292,600,000 | -292,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
subsequent event | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
jason o’connellsenior vice president, energy | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
individual performance considerations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mr. o’connell: evaluated numerous business development opportunities during the course of the year continued to implement a robust in-house asset management program including compliance audits to ensure proper payments of royalties extensively engaged with shareholders on the corporation’s energy strategy | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities | 2,600,000 | 2,600,000 | 2,600,000 | 2,800,000 | 2,800,000 | 2,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt | 242,400,000 | 242,400,000 | 272,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term investments | 192,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares | 5,136,300,000 | 5,125,100,000 | 5,125,100,000 | 5,115,500,000 | 5,115,500,000 | 5,107,800,000 | 5,093,400,000 | 5,078,900,000 | 5,078,900,000 | 4,675,600,000 | 4,666,200,000 | 4,654,000,000 | 4,654,000,000 | 4,643,900,000 | 4,626,700,000 | 3,709,000,000 | 3,709,000,000 | 3,684,000,000 | 3,674,400,000 | 3,674,400,000 | 3,664,600,000 | 3,656,600,000 | 3,656,600,000 | 3,641,900,000 | 3,147,500,000 | 3,137,800,000 | 3,133,000,000 | 3,133,000,000 | 3,122,200,000 | 3,116,700,000 | 3,117,100,000 | 3,112,300,000 | 3,007,200,000 | 3,006,700,000 | 2,803,600,000 | 2,803,600,000 | 2,372,719,000 | |||||||||||||||||||||||||||||||||||||||
commitments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 12,700,000 | 10,600,000 | 18,800,000 | 18,800,000 | 8,500,000 | 13,900,000 | 10,300,000 | 18,000,000 | 18,000,000 | 38,800,000 | 148,200,000 | 107,300,000 | 148,200,000 | 179,400,000 | 26,100,000 | 105,800,000 | 16,700,000 | 16,700,000 | 37,939,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total cash and cash equivalents | 253,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets | 3,860,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities | 37,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared | 156,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total common shares outstanding | 178,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
key financial ratios | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
working capital | 323,600,000 | 822,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt to equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 31,200,000 | 31,200,000 | 42,500,000 | 46,100,000 | 46,100,000 | 46,100,000 | 50,100,000 | 50,100,000 | 52,200,000 | 54,700,000 | 55,000,000 | 28,400,000 | 28,400,000 | 26,700,000 | 24,000,000 | 26,500,000 | 22,800,000 | 21,500,000 | 21,100,000 | 9,500,000 | 9,500,000 | 8,850,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
statement of financial position | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities - sum | 37,089,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-05-05 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-05-08 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-05-31 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-05-01 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2012-03-21 | 2011-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 40,400,000 | 37,300,000 | 209,800,000 | 22,700,000 | -71,300,000 | 79,500,000 | 144,500,000 | 175,100,000 | 157,100,000 | 196,500,000 | 182,000,000 | 733,700,000 | 166,000,000 | 175,300,000 | 171,500,000 | 171,500,000 | 176,700,000 | 153,900,000 | 94,400,000 | -98,800,000 | 113,300,000 | 101,600,000 | 64,000,000 | 65,200,000 | 65,200,000 | 139,000,000 | 52,100,000 | 53,600,000 | 64,600,000 | 64,600,000 | 43,500,000 | 60,000,000 | 45,600,000 | 45,600,000 | 45,600,000 | -131,200,000 | 54,400,000 | 42,300,000 | 30,000,000 | 24,600,000 | 15,200,000 | 21,600,000 | 19,200,000 | 1,200,000 | 33,200,000 | 36,900,000 | 35,400,000 | 35,400,000 | 50,600,000 | 15,100,000 | -9,900,000 | 46,800,000 | -6,800,000 | -6,800,000 | ||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depletion and depreciation | 23,000,000 | -4,400,000 | 68,400,000 | 5,800,000 | -56,900,000 | 52,900,000 | 58,200,000 | 68,100,000 | 68,500,000 | 69,600,000 | 74,600,000 | 299,600,000 | 73,000,000 | 77,200,000 | 71,200,000 | 71,200,000 | 67,500,000 | 56,800,000 | 52,300,000 | 64,400,000 | 72,700,000 | 70,700,000 | 58,900,000 | 60,900,000 | 60,900,000 | 247,700,000 | 66,000,000 | 59,600,000 | 60,600,000 | 60,600,000 | 63,800,000 | 70,500,000 | 67,200,000 | 71,500,000 | 71,500,000 | -139,400,000 | 72,900,000 | 68,200,000 | 65,500,000 | 216,300,000 | 49,700,000 | 49,100,000 | 51,700,000 | 48,900,000 | 38,500,000 | 39,600,000 | 36,100,000 | 34,400,000 | 95,500,000 | 200,000 | -700,000 | 31,700,000 | 130,600,000 | 130,600,000 | ||
share-based compensation expenses | 700,000 | -1,100,000 | 2,100,000 | -100,000 | -1,600,000 | 1,500,000 | 1,400,000 | 1,500,000 | 1,600,000 | 1,400,000 | 1,600,000 | 8,000,000 | 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||
impairment reversal | 3,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of royalty interests | 0 | -300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange loss | 3,500,000 | 800,000 | -6,000,000 | 4,900,000 | 1,500,000 | 100,000 | 200,000 | 100,000 | 100,000 | -100,000 | 100,000 | -400,000 | 100,000 | 0 | 200,000 | 3,700,000 | 1,200,000 | -700,000 | 2,500,000 | 1,500,000 | 800,000 | 300,000 | 100,000 | 200,000 | ||||||||||||||||||||||||||||||||
deferred income tax expense | -600,000 | 28,100,000 | 9,100,000 | -5,400,000 | -48,600,000 | 50,900,000 | 5,400,000 | 1,500,000 | 9,000,000 | 6,200,000 | 7,000,000 | 37,100,000 | -1,700,000 | 3,300,000 | 14,100,000 | 2,000,000 | 3,300,000 | 3,300,000 | 10,000,000 | -4,300,000 | 5,700,000 | 6,100,000 | 6,100,000 | 11,600,000 | 4,200,000 | 3,400,000 | 2,600,000 | 2,600,000 | 300,000 | -300,000 | 2,600,000 | 1,100,000 | 5,200,000 | 1,700,000 | 3,300,000 | 5,700,000 | 4,000,000 | 5,600,000 | 200,000 | 4,400,000 | 3,100,000 | 1,300,000 | ||||||||||||||
gain on sale of gold and silver bullion | 39,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on derivative financial instruments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-cash items | 3,800,000 | 2,100,000 | -7,400,000 | 1,300,000 | -1,400,000 | 500,000 | -800,000 | -200,000 | 1,600,000 | -4,300,000 | -1,700,000 | -3,000,000 | -300,000 | -1,200,000 | -1,200,000 | -1,200,000 | -2,800,000 | -3,600,000 | -3,100,000 | -2,500,000 | -3,800,000 | -2,100,000 | -2,200,000 | 300,000 | 300,000 | -1,100,000 | -300,000 | -300,000 | -300,000 | -300,000 | -100,000 | -1,300,000 | -300,000 | -400,000 | -400,000 | 100,000 | 100,000 | 100,000 | 1,300,000 | 0 | 100,000 | 100,000 | 400,000 | 100,000 | 1,300,000 | 1,300,000 | ||||||||||
gold and silver bullion from royalties received in-kind | -20,600,000 | 8,300,000 | -19,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of gold and silver bullion | -115,800,000 | 116,900,000 | 30,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in other assets | 0 | -17,400,000 | 0 | -3,300,000 | -23,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
operating cash flows before changes in non-cash working capital | -36,000,000 | 141,700,000 | 287,000,000 | 29,500,000 | -157,600,000 | 178,900,000 | 185,700,000 | 247,700,000 | 237,100,000 | 269,200,000 | 240,500,000 | 996,400,000 | 229,400,000 | 274,100,000 | 237,700,000 | 237,700,000 | 237,800,000 | 231,200,000 | 152,000,000 | 181,900,000 | 186,300,000 | 188,000,000 | 122,600,000 | 134,600,000 | 134,600,000 | 470,400,000 | 112,700,000 | 115,500,000 | 133,300,000 | 133,300,000 | 123,400,000 | 133,100,000 | 119,700,000 | 119,400,000 | 119,400,000 | |||||||||||||||||||||
changes in non-cash working capital: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivables | -8,400,000 | -2,900,000 | 5,800,000 | -15,700,000 | -5,700,000 | -7,700,000 | -16,800,000 | -8,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other current assets | 14,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable and accrued liabilities | -3,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | -82,300,000 | 141,400,000 | 288,900,000 | 29,400,000 | -159,300,000 | 194,300,000 | 178,600,000 | 236,000,000 | 232,300,000 | 257,300,000 | 230,600,000 | 955,400,000 | 206,900,000 | 245,200,000 | 224,300,000 | 224,300,000 | 246,300,000 | 212,200,000 | 150,200,000 | 195,200,000 | 184,600,000 | 170,400,000 | 119,100,000 | 143,600,000 | 143,600,000 | 474,800,000 | 128,200,000 | 111,300,000 | 137,500,000 | 137,500,000 | 126,300,000 | 116,000,000 | 126,500,000 | 119,800,000 | 119,800,000 | 71,900,000 | 81,900,000 | 49,600,000 | 63,600,000 | 76,500,000 | 3,000,000 | -18,100,000 | 84,100,000 | 287,800,000 | 287,800,000 | |||||||||||
capital expenditures | 0 | 1,900,000 | -2,000,000 | 0 | 0 | 0 | -100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||
free cash flows | -82,300,000 | 143,300,000 | 286,900,000 | 29,400,000 | -159,300,000 | 194,300,000 | 178,500,000 | 236,000,000 | 232,300,000 | 257,300,000 | 230,600,000 | 955,400,000 | 206,900,000 | 245,200,000 | 224,300,000 | 224,300,000 | 246,300,000 | 212,200,000 | 150,200,000 | 195,200,000 | 184,600,000 | 170,400,000 | 119,100,000 | 143,600,000 | 143,600,000 | 474,800,000 | 128,200,000 | 111,300,000 | 137,500,000 | 137,500,000 | 126,300,000 | 116,000,000 | 126,500,000 | 119,800,000 | 119,800,000 | 71,900,000 | 81,900,000 | 49,600,000 | 63,600,000 | 76,500,000 | 3,000,000 | -18,100,000 | 84,100,000 | |||||||||||||
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of royalty, stream and working interests | 1,068,600,000 | -855,200,000 | -505,200,000 | 234,300,000 | -75,500,000 | -16,200,000 | -146,900,000 | -165,000,000 | -2,500,000 | -10,000,000 | -2,800,000 | -758,700,000 | -6,700,000 | -543,200,000 | -190,300,000 | -190,300,000 | -137,100,000 | -135,700,000 | -4,000,000 | -34,300,000 | -7,600,000 | -340,700,000 | -38,300,000 | -57,300,000 | -57,300,000 | -988,000,000 | -88,900,000 | -90,400,000 | -523,000,000 | -523,000,000 | -128,400,000 | -172,900,000 | -136,700,000 | -61,500,000 | -61,500,000 | |||||||||||||||||||||
proceeds from sale of investments | 68,600,000 | 6,100,000 | 9,700,000 | -3,600,000 | 11,800,000 | 100,000 | 0 | 200,000 | 1,500,000 | 12,700,000 | 0 | 500,000 | 12,200,000 | 12,200,000 | 200,000 | 6,200,000 | 500,000 | 5,000,000 | 1,300,000 | 1,300,000 | 900,000 | 400,000 | ||||||||||||||||||||||||||||||||||
acquisition of investments | 49,300,000 | -52,300,000 | -7,700,000 | -16,900,000 | -4,300,000 | -6,700,000 | -8,400,000 | -27,800,000 | -17,200,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of loan receivable | -8,900,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of property and equipment | 0 | 1,900,000 | -2,000,000 | 0 | -100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of energy well equipment | -100,000 | 800,000 | -1,200,000 | 300,000 | 0 | -400,000 | -300,000 | -400,000 | -600,000 | -300,000 | -300,000 | -1,800,000 | -400,000 | -400,000 | -300,000 | -300,000 | -1,000,000 | -300,000 | 0 | -200,000 | -400,000 | -400,000 | -200,000 | -300,000 | -300,000 | -1,600,000 | ||||||||||||||||||||||||||||||
advances of loans receivable | 48,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposal of royalty interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | 1,130,100,000 | -787,100,000 | -551,000,000 | 247,900,000 | -51,800,000 | -36,700,000 | -190,500,000 | -173,700,000 | -30,900,000 | -14,800,000 | -1,600,000 | -765,000,000 | -7,100,000 | -543,100,000 | -178,400,000 | -178,400,000 | -137,900,000 | -117,600,000 | -19,000,000 | -34,500,000 | -1,800,000 | -344,500,000 | -33,500,000 | -56,300,000 | -56,300,000 | -988,700,000 | -89,400,000 | -90,800,000 | -523,200,000 | -523,200,000 | -116,200,000 | -185,600,000 | -137,200,000 | -61,900,000 | -61,900,000 | 39,200,000 | ||||||||||||||||||||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of dividends | -300,000 | 3,200,000 | -70,200,000 | -1,000,000 | 58,100,000 | -60,300,000 | -58,900,000 | -56,800,000 | -48,200,000 | -51,300,000 | -50,100,000 | -179,600,000 | -46,400,000 | -45,200,000 | -41,800,000 | -41,800,000 | -39,800,000 | -39,100,000 | -39,800,000 | -36,200,000 | -35,300,000 | -32,900,000 | -35,100,000 | -34,900,000 | -34,900,000 | -136,100,000 | -33,900,000 | -35,000,000 | -35,600,000 | -35,600,000 | -31,800,000 | -31,800,000 | -32,100,000 | -30,100,000 | -30,100,000 | |||||||||||||||||||||
proceeds from draw down of corporate revolver | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of corporate revolver | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 2,200,000 | -2,500,000 | 3,400,000 | 1,900,000 | 800,000 | 0 | 0 | 2,700,000 | 2,500,000 | 400,000 | 0 | 100,000 | 1,300,000 | 4,800,000 | 1,200,000 | 4,700,000 | 6,000,000 | 1,500,000 | 1,000,000 | 1,000,000 | 4,200,000 | -200,000 | 2,500,000 | 500,000 | 5,400,000 | 10,200,000 | 10,500,000 | 0 | 200,000 | 300,000 | 3,100,000 | 500,000 | 200,000 | 700,000 | 300,000 | 1,200,000 | 13,200,000 | 13,200,000 | ||||||||||||||||||
revolving credit facility amendment costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 1,900,000 | 700,000 | -66,800,000 | -900,000 | 56,200,000 | -59,200,000 | -58,100,000 | -56,800,000 | -49,100,000 | -48,600,000 | -47,600,000 | -180,200,000 | -47,300,000 | -44,900,000 | -41,900,000 | -41,900,000 | -39,700,000 | -9,400,000 | 34,800,000 | -77,500,000 | -142,600,000 | -133,900,000 | 241,400,000 | -84,700,000 | -84,700,000 | 77,600,000 | -33,800,000 | -35,000,000 | -36,100,000 | -36,100,000 | -32,000,000 | -29,300,000 | 332,000,000 | -31,000,000 | -31,000,000 | -382,700,000 | -29,400,000 | -23,800,000 | 405,400,000 | -20,000,000 | 126,400,000 | 163,500,000 | 323,700,000 | 323,700,000 | ||||||||||||
effect of exchange rate changes on cash and cash equivalents | -5,500,000 | 400,000 | 5,700,000 | -20,700,000 | 16,100,000 | -11,400,000 | 100,000 | -3,500,000 | -5,500,000 | -6,000,000 | 2,000,000 | -5,100,000 | -3,500,000 | 2,000,000 | 300,000 | 300,000 | -1,300,000 | 3,100,000 | 2,700,000 | -5,500,000 | 200,000 | 800,000 | -700,000 | 300,000 | 300,000 | -5,100,000 | -200,000 | -1,100,000 | -1,600,000 | -1,600,000 | -300,000 | 17,900,000 | 10,000,000 | 3,100,000 | 3,100,000 | 1,100,000 | -2,100,000 | 4,600,000 | 8,100,000 | |||||||||||||||||
net change in cash and cash equivalents | 1,044,200,000 | -644,600,000 | -323,200,000 | 255,700,000 | -138,800,000 | 87,000,000 | -69,900,000 | 2,000,000 | 146,800,000 | 187,900,000 | 183,400,000 | 5,100,000 | 149,000,000 | -340,800,000 | 4,300,000 | 4,300,000 | 67,400,000 | 88,300,000 | 168,700,000 | 77,700,000 | 40,400,000 | -307,200,000 | 326,300,000 | 2,900,000 | 2,900,000 | -441,400,000 | 4,800,000 | -15,600,000 | -423,400,000 | -423,400,000 | -22,200,000 | -81,000,000 | 331,300,000 | 30,000,000 | 30,000,000 | 51,800,000 | 49,500,000 | 27,100,000 | -5,400,000 | 12,300,000 | 6,000,000 | |||||||||||||||
cash and cash equivalents at beginning of period | -967,800,000 | -323,200,000 | 1,451,300,000 | 17,100,000 | 0 | 1,421,900,000 | 0 | 0 | 0 | 539,300,000 | 0 | 0 | 534,200,000 | 534,200,000 | 0 | 0 | 132,100,000 | 0 | 0 | 0 | 69,700,000 | 69,700,000 | 511,100,000 | 0 | 0 | 511,100,000 | 511,100,000 | 0 | 0 | 253,000,000 | 253,000,000 | 0 | 0 | 149,200,000 | 592,500,000 | 0 | 0 | 592,500,000 | 0 | 0 | 770,000,000 | 631,700,000 | 794,100,000 | |||||||||||||
cash and cash equivalents at end of period | 76,400,000 | -967,800,000 | 1,128,100,000 | -121,700,000 | 87,000,000 | 1,352,000,000 | 2,000,000 | 146,800,000 | 187,900,000 | 722,700,000 | 149,000,000 | -340,800,000 | 538,500,000 | 538,500,000 | 88,300,000 | 168,700,000 | 209,800,000 | 40,400,000 | -307,200,000 | 326,300,000 | 72,600,000 | 72,600,000 | 69,700,000 | 4,800,000 | -15,600,000 | 87,700,000 | 87,700,000 | -81,000,000 | 331,300,000 | 283,000,000 | 283,000,000 | 51,800,000 | 49,500,000 | 176,300,000 | 149,200,000 | -5,400,000 | 12,300,000 | 598,500,000 | 519,800,000 | 32,200,000 | 669,900,000 | 718,500,000 | 847,000,000 | |||||||||||||
supplemental cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | 1,100,000 | -400,000 | 46,100,000 | 3,100,000 | -28,400,000 | 35,100,000 | 7,400,000 | 16,100,000 | 21,000,000 | 36,800,000 | 22,500,000 | 93,500,000 | 20,300,000 | 29,700,000 | 21,600,000 | 21,600,000 | 5,200,000 | 12,500,000 | 15,100,000 | 18,400,000 | 5,500,000 | 8,000,000 | 18,100,000 | 7,000,000 | 7,000,000 | 28,500,000 | 4,900,000 | 8,300,000 | 7,700,000 | 7,700,000 | 1,600,000 | 7,200,000 | 19,300,000 | 10,100,000 | 10,100,000 | |||||||||||||||||||||
dividend income received | -800,000 | -1,100,000 | 3,300,000 | -1,800,000 | 900,000 | 2,100,000 | 2,100,000 | 3,100,000 | 6,900,000 | 5,700,000 | 2,500,000 | 30,200,000 | 10,500,000 | 4,900,000 | 9,000,000 | 9,000,000 | ||||||||||||||||||||||||||||||||||||||||
interest and standby fees paid | 800,000 | -600,000 | 1,000,000 | 600,000 | 400,000 | 600,000 | 500,000 | 700,000 | 600,000 | 2,400,000 | 500,000 | 700,000 | 600,000 | 600,000 | ||||||||||||||||||||||||||||||||||||||||||
decrease in receivables | -26,400,000 | -13,400,000 | -8,900,000 | 4,700,000 | 14,700,000 | -2,200,000 | 6,900,000 | 6,900,000 | -9,600,000 | 1,600,000 | -900,000 | 4,500,000 | 4,500,000 | -9,800,000 | 14,000,000 | 2,000,000 | 2,000,000 | -6,500,000 | 15,200,000 | 7,000,000 | 1,200,000 | 4,700,000 | 16,200,000 | -3,000,000 | 4,600,000 | -1,100,000 | 5,400,000 | 7,400,000 | 11,700,000 | 16,700,000 | 16,700,000 | |||||||||||||||||||||||||
decrease in stream inventory, prepaid expenses and other | 8,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in current liabilities | 1,400,000 | 8,500,000 | -4,500,000 | 7,800,000 | 7,900,000 | -14,800,000 | 7,200,000 | -1,500,000 | 1,600,000 | 6,000,000 | -600,000 | -1,700,000 | -8,500,000 | 8,600,000 | 8,000,000 | 2,600,000 | 3,600,000 | 3,600,000 | 2,400,000 | 400,000 | 400,000 | -9,300,000 | -6,700,000 | |||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 534,200,000 | 413,900,000 | 413,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | 539,300,000 | 794,100,000 | 794,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of gold bullion | 12,400,000 | -16,500,000 | -15,900,000 | -15,900,000 | -11,700,000 | -13,500,000 | -9,500,000 | -40,000,000 | -12,900,000 | -10,700,000 | -10,500,000 | -10,500,000 | -10,500,000 | -9,800,000 | -8,800,000 | -8,800,000 | -8,200,000 | -8,000,000 | -8,000,000 | -7,600,000 | -7,600,000 | -25,600,000 | -6,100,000 | -6,900,000 | -6,400,000 | -6,400,000 | -6,300,000 | -5,700,000 | -6,200,000 | -5,900,000 | -5,900,000 | |||||||||||||||||||||||||
proceeds from sale of gold bullion | -3,900,000 | 5,900,000 | 10,700,000 | 1,900,000 | 9,600,000 | 10,400,000 | 16,100,000 | 27,500,000 | 3,700,000 | 10,000,000 | 7,500,000 | 7,500,000 | 10,400,000 | 14,200,000 | 14,600,000 | 13,500,000 | 8,000,000 | 10,300,000 | 6,700,000 | 11,200,000 | 11,200,000 | 12,500,000 | 1,800,000 | 700,000 | 5,600,000 | 5,600,000 | 5,700,000 | 3,900,000 | 6,300,000 | 3,100,000 | 3,100,000 | 13,300,000 | ||||||||||||||||||||||||
decrease (increase) in prepaid expenses and other | 5,700,000 | 7,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows used in investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows used in financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest expense and loan standby fees | 600,000 | 500,000 | 500,000 | 800,000 | 1,800,000 | 3,300,000 | 2,200,000 | 2,200,000 | 2,200,000 | 3,700,000 | 600,000 | 500,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | |||||||||||||||||||||||||||||||||||||
interest revenue | -2,200,000 | -900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other interest income | -300,000 | -300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange gain | 6,700,000 | 1,100,000 | 500,000 | 0 | -100,000 | -100,000 | -400,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of royalty interests | 6,500,000 | 4,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in prepaid expenses and other | 700,000 | 5,300,000 | -13,100,000 | -9,800,000 | -2,200,000 | 11,600,000 | -700,000 | 4,100,000 | 4,100,000 | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
investment in loan receivable | -41,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in fair value of financial instruments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of royalty interest | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange (gain) loss | -6,200,000 | -1,100,000 | -400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in receivables | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in prepaid expenses and other | -6,500,000 | -2,200,000 | -10,800,000 | -3,900,000 | -1,500,000 | -1,500,000 | 12,800,000 | -700,000 | -600,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of royalty interest | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from loan receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
credit facility amendment costs | -1,000,000 | -900,000 | 0 | -100,000 | -100,000 | 0 | 0 | 0 | -800,000 | -800,000 | -500,000 | 0 | 0 | -500,000 | -500,000 | 0 | 0 | 0 | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||
proceeds from settlement of loan receivable from noront resources ltd. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
● | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment reversals | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from settlement of loan receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from draw of revolving credit facilities | 150,000,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of revolving credit facilities | -150,000,000 | 0 | -85,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charges | 0 | 62,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment (reversals) charges | -68,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in current liabilities | -1,500,000 | 6,600,000 | -5,700,000 | -2,300,000 | -2,300,000 | -5,700,000 | -5,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of term loan | -80,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from at-the-market equity offerings | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of loan receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based payments | 1,400,000 | 1,400,000 | 1,800,000 | 1,300,000 | 1,300,000 | 1,200,000 | 1,000,000 | 1,300,000 | 1,200,000 | 1,400,000 | 1,400,000 | 5,200,000 | 1,500,000 | 1,400,000 | 1,200,000 | 1,200,000 | 600,000 | 900,000 | 1,600,000 | 1,500,000 | 1,500,000 | 1,300,000 | 1,100,000 | 1,300,000 | 4,500,000 | 1,400,000 | 1,300,000 | 1,400,000 | 200,000 | 1,200,000 | 1,300,000 | 1,200,000 | 1,200,000 | -200,000 | -100,000 | 900,000 | 4,500,000 | 4,500,000 | ||||||||||||||||||
deferred income tax recovery | -2,300,000 | -2,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charges and reversals | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax (recovery) expense | 4,400,000 | 18,300,000 | 1,400,000 | -59,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from draw of term loan | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from draw of credit facilities | 237,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty, stream and working interests | 0 | 0 | 271,700,000 | 76,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayment) proceeds from draw of term loan | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from at-the-market equity offering | 69,800,000 | 37,500,000 | 53,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash costs of sales | 7,100,000 | 2,000,000 | 1,800,000 | 1,900,000 | 1,900,000 | 3,000,000 | 600,000 | 2,300,000 | 1,800,000 | 1,800,000 | 1,800,000 | 6,600,000 | 1,700,000 | 2,200,000 | 1,100,000 | |||||||||||||||||||||||||||||||||||||||||
repayment of credit facilities | -160,000,000 | -50,000,000 | -50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of investments | 2,000,000 | 1,400,000 | 17,500,000 | 17,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of credit facility | -27,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of warrants | 0 | 0 | 0 | 0 | 1,600,000 | 200,000 | 179,300,000 | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
acquisition of oil & gas well equipment | -500,000 | -400,000 | -200,000 | -200,000 | -400,000 | -400,000 | -500,000 | -400,000 | -400,000 | |||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mark-to-market on warrants | 500,000 | 0 | 100,000 | 200,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common shares | 0 | 0 | 883,500,000 | 367,400,000 | 367,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options and warrants | 100,000 | 100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
statistical measures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average gold price | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
geos1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
statement of income and other comprehensive income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-ifrs measures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjusted ebitda2,3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjusted ebitda2,3 per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
margin2,3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjusted net income2,3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjusted net income2,3 per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
statement of cash flows | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
statement of financial position | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
working capital | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in non-cash assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by operating activities | 82,300,000 | 99,100,000 | 253,500,000 | 63,300,000 | 69,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of oil & gas well equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest expense and loan standby fees during the period | 600,000 | 1,200,000 | 3,000,000 | 500,000 | 400,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | -300,000 | 300,000 | 100,000 | 1,000,000 | 900,000 | |||||||||||||||||||||||||||||||||||||||||
income taxes paid during the period | 15,900,000 | 5,500,000 | 27,800,000 | 3,300,000 | 11,100,000 | 9,800,000 | -4,100,000 | 19,700,000 | 5,900,000 | 17,500,000 | 4,100,000 | -3,200,000 | 13,000,000 | 52,600,000 | 52,600,000 | |||||||||||||||||||||||||||||||||||||||||
non-cash cost of sales | 1,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds on sale of investments | 10,600,000 | 25,600,000 | 0 | 0 | 14,000,000 | 13,600,000 | 17,600,000 | 21,000,000 | 21,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of gold bullion | 24,900,000 | 60,800,000 | 9,700,000 | 12,700,000 | 14,200,000 | 22,600,000 | 9,200,000 | 23,400,000 | 30,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
purchase of property and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from draw of credit facility | 480,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by financing activities | 374,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of interests in mineral properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) provided by financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used in investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of dividends, net of drip | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used in financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in prepaid expenses and other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable and accrued liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of interests in mineral and oil & gas properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from equity offering | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 86,800,000 | 61,100,000 | 52,900,000 | 380,200,000 | 380,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest expense and loan standby fees during the year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid during the year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of working interest in oil & gas properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of capital on investments | 1,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from equity offering | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds on sale of short-term investments | 55,200,000 | -60,200,000 | 20,800,000 | 67,600,000 | 260,600,000 | 260,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of interest in oil & gas properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from (used in) financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mark-to-market gain on gold wheaton shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of available-for-sale investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from equity investee | 1,700,000 | 1,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of royalty interest in oil & gas properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of gold wheaton, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of lumina | 300,000 | 300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from drawn credit facility | 164,600,000 | 164,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of credit facility and secured notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
statement of income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjusted net income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjusted net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjusted ebitda | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjusted ebitda per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities, before changes in non-cash assets and liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mark-to-market on investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mark-to-market on conversion feature of note receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 114,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | -9,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of working interest in oil and gas properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of oil and gas well equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty and stream interests | 151,200,000 | 151,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of secured notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds of royalty interest in oil and gas properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of royalty interest in oil and gas properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of moydow mines international | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
future income tax expense |
