| Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net income | ||||||
213,800 | 221,700 | 213,700 | 194,700 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Depletion and depreciation | ||||||
250,000 | 254,500 | 262,100 | 273,000 | 0 | 0 | 0 |
Non-cash costs of sales | ||||||
8,700 | 7,300 | 7,800 | 7,700 | 0 | 0 | 0 |
Share-based payments | ||||||
4,700 | 4,100 | 4,300 | 4,600 | 0 | 0 | 0 |
Unrealized foreign exchange gain | ||||||
- | - | - | -1,700 | 0 | 0 | 0 |
Deferred income tax expense | ||||||
19,100 | 27,600 | 25,300 | 21,800 | 0 | 0 | 0 |
Other non-cash items | ||||||
-1,000 | -2,000 | -2,000 | -2,100 | 0 | 0 | 0 |
Acquisition of gold bullion | ||||||
25,700 | 25,300 | 24,600 | 24,100 | 0 | 0 | 0 |
Proceeds from sale of gold bullion | ||||||
13,800 | 15,900 | 21,500 | 19,000 | 0 | 0 | 0 |
Operating cash flows before changes in non-cash working capital | ||||||
484,900 | 505,300 | 509,500 | 495,600 | 0 | 0 | 0 |
Changes in non-cash working capital: | ||||||
Decrease in receivables | ||||||
4,200 | -7,200 | 7,700 | 5,200 | 0 | 0 | 0 |
Increase (decrease) in prepaid expenses and other | ||||||
23,500 | 10,100 | -1,500 | 3,300 | 0 | 0 | 0 |
Decrease in current liabilities | ||||||
- | -17,100 | -9,400 | -15,500 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||
503,300 | 491,100 | 506,300 | 488,600 | 0 | 0 | 0 |
Cash flows from investing activities | ||||||
Acquisition of royalty, stream and working interests | ||||||
830,700 | 914,700 | 961,000 | 499,500 | 0 | 0 | 0 |
Acquisition of oil & gas well equipment | ||||||
1,500 | 1,400 | 1,500 | 1,700 | 0 | 0 | 0 |
Net cash used in investing activities | ||||||
-819,600 | -915,800 | -962,200 | -500,900 | 0 | 0 | 0 |
Cash flows from financing activities | ||||||
Credit facility amendment costs | ||||||
500 | 500 | 500 | 1,000 | 0 | 0 | 0 |
Payment of dividends | ||||||
136,300 | 134,200 | 131,300 | 125,800 | 0 | 0 | 0 |
Proceeds from exercise of stock options | ||||||
- | - | - | 10,100 | 0 | 0 | 0 |
Net cash (used in) provided by financing activities | ||||||
-136,900 | -132,400 | 234,600 | 239,700 | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | ||||||
-3,200 | 14,900 | 26,000 | 30,700 | 0 | 0 | 0 |
Net change in cash and cash equivalents | ||||||
-456,400 | -542,200 | -195,300 | 258,100 | 0 | 0 | 0 |
Supplemental cash flow information: | ||||||
Cash paid for interest expense and loan standby fees | ||||||
2,300 | 2,300 | 2,400 | 2,400 | 0 | 0 | 0 |
Income taxes paid | ||||||
22,500 | 24,800 | 35,800 | 38,200 | 0 | 0 | 0 |