Franco Nevada (FNV) quarterly cash flow statement covering the six quarters from June 2017 to September 2018, as reported to the SEC.
A cash flow statement shows the cash that actually came in and went out, split between running the business, investing and financing.
| Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | |||||||||||||||||||||
Net income | |||||||||||||||||||||
52,100 | 53,600 | 64,600 | 43,500 | 60,000 | 45,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net income | 52,100 | 53,600 | 64,600 | 43,500 | 60,000 | 45,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||||
Depletion and depreciation | |||||||||||||||||||||
66,000 | 59,600 | 60,600 | 63,800 | 70,500 | 67,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Depletion and depreciation | 66,000 | 59,600 | 60,600 | 63,800 | 70,500 | 67,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-cash costs of sales | |||||||||||||||||||||
2,000 | 1,800 | 1,900 | 3,000 | 600 | 2,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Non-cash costs of sales | 2,000 | 1,800 | 1,900 | 3,000 | 600 | 2,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Share-based payments | |||||||||||||||||||||
1,500 | 1,400 | 1,200 | 600 | 900 | 1,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Share-based payments | 1,500 | 1,400 | 1,200 | 600 | 900 | 1,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Unrealized foreign exchange gain | |||||||||||||||||||||
- | - | - | -1,100 | - | -200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Unrealized foreign exchange gain | - | - | - | -1,100 | - | -200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income tax expense | |||||||||||||||||||||
-4,300 | 5,700 | 6,100 | 11,600 | 4,200 | 3,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income tax expense | -4,300 | 5,700 | 6,100 | 11,600 | 4,200 | 3,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other non-cash items | |||||||||||||||||||||
-300 | -300 | -300 | -100 | -1,300 | -300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other non-cash items | -300 | -300 | -300 | -100 | -1,300 | -300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Acquisition of gold bullion | |||||||||||||||||||||
6,100 | 6,900 | 6,400 | 6,300 | 5,700 | 6,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Acquisition of gold bullion | 6,100 | 6,900 | 6,400 | 6,300 | 5,700 | 6,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from sale of gold bullion | |||||||||||||||||||||
1,800 | 700 | 5,600 | 5,700 | 3,900 | 6,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from sale of gold bullion | 1,800 | 700 | 5,600 | 5,700 | 3,900 | 6,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating cash flows before changes in non-cash working capital | |||||||||||||||||||||
112,700 | 115,500 | 133,300 | 123,400 | 133,100 | 119,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating cash flows before changes in non-cash working capital | 112,700 | 115,500 | 133,300 | 123,400 | 133,100 | 119,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Changes in non-cash working capital: | |||||||||||||||||||||
Decrease in receivables | |||||||||||||||||||||
1,600 | -900 | 4,500 | -1,000 | -9,800 | 14,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Decrease in receivables | 1,600 | -900 | 4,500 | -1,000 | -9,800 | 14,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Increase (decrease) in prepaid expenses and other | |||||||||||||||||||||
12,800 | -1,800 | -700 | 13,200 | -600 | -13,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Increase (decrease) in prepaid expenses and other | 12,800 | -1,800 | -700 | 13,200 | -600 | -13,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Decrease in current liabilities | |||||||||||||||||||||
- | -1,500 | 400 | -9,300 | -6,700 | 6,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Decrease in current liabilities | - | -1,500 | 400 | -9,300 | -6,700 | 6,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash provided by operating activities | |||||||||||||||||||||
128,200 | 111,300 | 137,500 | 126,300 | 116,000 | 126,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash provided by operating activities | 128,200 | 111,300 | 137,500 | 126,300 | 116,000 | 126,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash flows from investing activities | |||||||||||||||||||||
Acquisition of royalty, stream and working interests | |||||||||||||||||||||
88,900 | 90,400 | 523,000 | 128,400 | 172,900 | 136,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Acquisition of royalty, stream and working interests | 88,900 | 90,400 | 523,000 | 128,400 | 172,900 | 136,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Acquisition of oil & gas well equipment | |||||||||||||||||||||
500 | 400 | 200 | 400 | 400 | 500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Acquisition of oil & gas well equipment | 500 | 400 | 200 | 400 | 400 | 500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash used in investing activities | |||||||||||||||||||||
-89,400 | -90,800 | -523,200 | -116,200 | -185,600 | -137,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash used in investing activities | -89,400 | -90,800 | -523,200 | -116,200 | -185,600 | -137,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash flows from financing activities | |||||||||||||||||||||
Credit facility amendment costs | |||||||||||||||||||||
- | - | 500 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Credit facility amendment costs | - | - | 500 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Payment of dividends | |||||||||||||||||||||
33,900 | 35,000 | 35,600 | 31,800 | 31,800 | 32,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Payment of dividends | 33,900 | 35,000 | 35,600 | 31,800 | 31,800 | 32,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from exercise of stock options | |||||||||||||||||||||
- | - | - | -200 | 2,500 | 7,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from exercise of stock options | - | - | - | -200 | 2,500 | 7,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash (used in) provided by financing activities | |||||||||||||||||||||
-33,800 | -35,000 | -36,100 | -32,000 | -29,300 | 332,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash (used in) provided by financing activities | -33,800 | -35,000 | -36,100 | -32,000 | -29,300 | 332,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Effect of exchange rate changes on cash and cash equivalents | |||||||||||||||||||||
-200 | -1,100 | -1,600 | -300 | 17,900 | 10,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Effect of exchange rate changes on cash and cash equivalents | -200 | -1,100 | -1,600 | -300 | 17,900 | 10,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change in cash and cash equivalents | |||||||||||||||||||||
4,800 | -15,600 | -423,400 | -22,200 | -81,000 | 331,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change in cash and cash equivalents | 4,800 | -15,600 | -423,400 | -22,200 | -81,000 | 331,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Supplemental cash flow information: | |||||||||||||||||||||
Cash paid for interest expense and loan standby fees | |||||||||||||||||||||
600 | 500 | 600 | 600 | 600 | 600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash paid for interest expense and loan standby fees | 600 | 500 | 600 | 600 | 600 | 600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income taxes paid | |||||||||||||||||||||
4,900 | 8,300 | 7,700 | 1,600 | 7,200 | 19,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income taxes paid | 4,900 | 8,300 | 7,700 | 1,600 | 7,200 | 19,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||