Fresnillo Results Presentation Deck
2021 PRELIMINARY RESULTS CASH FLOW (IFRS)
(MILLION USD)
CONCEPT
CASH GENERATED BY OPERATIONS BEFORE CHANGES IN WORKING CAPITAL
WORKING CAPITAL
INCOME TAX AND PROFIT SHARING PAID
NET CASH FROM OPERATING ACTIVITIES
OTHER PROCEEDS
CAPITAL CONTRIBUTIONS / LOANS BY MINORITY SHAREHOLDERS
PROCEEDS FROM THE LAYBACK AGREEMENT
SILVERSTREAM CONTRACT
FINANCIAL EXPENSES AND FOREIGN EXCHANGE EFFECTS
PROCEEDS FROM THE SALE OF PROPERTY, PLANT AND EQUIPMENT
TOTAL OTHER PROCEEDS
PURCHASE OF PROPERTY, PLANT AND EQUIPMENT
DIVIDENDS PAID
OTHERS
USES OF CASH
NET INCREASE / (DECREASE) IN CASH DURING THE PERIOD
CASH AND CASH EQUIVALENTS AT 01 JANUARY
CASH AND CASH EQUIVALENTS AT 31 DECEMBER
2022
743.1
(66.1)
(174.7)
502.2
18.3
15.0
33.4
(36.5)
1.4
31.5
(592.1)
(202.0)
(5.8)
(799.9)
(266.2)
1,235.3
969.1
• Increase in inventories -US$99.6 million
• Increase in prepayments and other assets -US$14.1 million
• Increase in trade and other payable +US$40.3 million
• Decrease in trade and other accounts receivables
(+US$7.2M):Trade receivables from related parties
-US$10.4 million, VAT +US$15.2 million, Exchange rate
effect +US$4.4 million and Others -US$2.0 million
2,065,436.8 silver payable ounces from the
silverstream contract, which do not go through the
Income Statement
*
•
Fresnillo US$103.7 million
Mine development and mining works
Construction of the Fe Flotation Plant
Purchase of in-mine equipment
Saucito US$100.2 million
Mining Works
Purchase of in-mine equipment
Tailings dam construction
Herradura US$54.6 million
Purchase of in-mine equipment
Leaching pads construction
San Julián Veins US$39.1 million
Mining Works
Purchase of in-mine equipment
Ciénega US$41.2 million
Mining Works
Purchase of in-mine equipment
San Julian JM US$3.7
Purchase of in-mine equipment
Mining Works
Noche Buena US$0.7 million
Purchase of in-mine equipment
Leaching pads construction
Juanicipio US$248.2million
Others US$0.7
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