Franco nevada corp (FNV)
Income statement / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Revenue (Note 10)

170,600

161,300

173,100

-

171,500

163,600

172,700

Cost of sales
Costs of sales (Note 11)

33,400

29,800

30,200

35,200

33,000

33,900

39,900

Depletion and depreciation

66,000

59,600

60,600

63,800

70,500

67,200

71,500

Total cost of sales

99,400

89,400

90,800

99,000

103,500

101,100

111,400

Gross profit

71,200

71,900

82,300

68,200

68,000

62,500

61,300

Other operating expenses (income)
General and administrative expenses

5,200

7,000

-

-

5,200

6,600

-

Corporate administration

-

-

4,500

-

-

-

5,300

Business development

-

-

700

-

-

-

800

Loss (gain) on sale of gold bullion

-200

0

300

-

200

100

-

Total other operating expenses (income)

-5,400

-7,000

-4,900

-7,000

-5,000

-6,500

-6,100

Operating income

65,800

64,900

77,400

61,200

63,000

56,000

55,200

Foreign exchange gain (loss) and other income (expense)

100

-100

600

900

-900

400

700

Income before finance items and income taxes

65,900

64,800

78,000

59,600

62,100

56,400

55,900

Finance items
Finance income

700

700

1,000

1,800

1,600

1,100

900

Finance expenses

700

800

900

1,000

800

800

800

Net income before income taxes

65,900

64,700

78,100

60,400

62,900

56,700

56,000

Income tax expense (Note 13)

13,800

11,100

13,500

16,900

2,900

11,100

10,400

Net income

52,100

53,600

64,600

43,500

60,000

45,600

45,600

Other comprehensive income (loss)
Items that may be reclassified subsequently to profit and loss:
Changes in the fair value of available-for-sale investments, net of income tax (Note 5)

-

-

-

-

17,700

-11,800

1,500

Currency translation adjustment

11,200

-17,300

-23,200

-4,700

41,400

30,800

9,700

Items that will not be reclassified subsequently to profit and loss
Changes in the fair value of equity investments at fair value through other comprehensive income, net of income tax (Note 5)

13,600

10,400

-25,700

-

-

-

-

Other comprehensive income (loss)

24,800

-6,900

-48,900

28,700

59,100

19,000

11,200

Comprehensive income

76,900

46,700

15,700

72,200

119,100

64,600

56,800

Basic earnings per share (Note 15) (in dollars per share)

0.28

0.29

0.35

0.23

0.32

0.25

0.26

Diluted earnings per share (Note 15) (in dollars per share)

0.28

0.29

0.35

0.24

0.32

0.25

0.25