Ternium's Steel Market and Financial Performance
Cash Flow Statement
$ million
1Q2023
1Q2022
(Unaudited)
Profit (loss) for the period
479.5
877.5
Adjustments for:
Depreciation and amortization
150.6
149.5
Equity in (earnings) losses of non-consolidated companies
(34.9)
(58.7)
Changes in provisions
(1.0)
(2.6)
Net foreign exchange results and others
(6.8)
81.5
Interest accruals less payments
(36.2)
1.9
Income tax accruals less payments
(156.8)
(688.3)
Changes in working capital
218.0
331.4
Net cash provided by operating activities
612.3
692.3
Capital expenditures
(197.9)
(124.8)
Proceeds from the sale of property, plant and equipment
0.6
0.4
(Increase) decrease in other investments
(667.8)
82.2
Net cash (used in) provided by investing activities
(865.2)
(42.3)
Finance Lease Payments
(13.7)
(12.2)
Proceeds from borrowings
45.9
79.9
Repayments of borrowings
(196.0)
(202.8)
Net cash used in financing activities
(163.8)
(135.1)
Increase in cash and cash equivalents
(416.7)
514.9
Ternium I May 2023
35View entire presentation