B2GOLD CORP (BTG)
B2Gold Corp. operates as a prominent gold mining enterprise, currently running three active production sites across different continents. Its primary operational mines include the Fekola Mine in Mali, the Masbate Mine situated in the Philippines, and the Otjikoto Mine located in Namibia. In addition to its wholly-owned assets, the company holds a 25% ownership stake in Calibre Mining Corp. and an approximate 19% interest in BeMetals Corp. Furthermore, B2Gold manages a diverse collection of evaluation and exploration assets spread across Mali, Uzbekistan, and Finland. The company, which was founded in 2006, bases its corporate headquarters in Vancouver, Canada.
Sector: Gold and Silver Ores
Industry: Gold
B2Gold Corp.
NYSE:BTGBasic Materials · Gold
-1.85%$4.78
AH Close$4.81+0.63%vs close
AH Close$4.81+0.63%vs close
Mkt Cap$6.31B
Float1.32B
O/S1.32B
Inst Own60.3%
Div Yield1.67%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.06B
Net Income$401.91M
Total Assets$5.87B
Free Cash Flow$66.38M
Debt & Equity
Debt 15%
Equity 85%
Total Debt$629.31M
Total Equity$3.59B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BTG's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5.87B
Liabilities$2.23B
Accounts Receivable$90.26M
Accounts Payable$174.48M
Inventory$626.08M
PP&E (Net)$3.75B
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
| Revenue | $3.06B | $1.9B | $1.93B | $1.73B | $1.76B | $1.79B | $1.16B | $1.23B | $638.68M | $683.29M | $553.66M | $486.62M | $544.27M | $259.05M | $225.35M | $127.52M | $20.64M | $0 | $0 |
| YoY Growth | 60.9% | -1.7% | 11.6% | -1.7% | -1.5% | 54.8% | -5.7% | 91.8% | -6.5% | 23.4% | 13.8% | -10.6% | 110.1% | 15.0% | 76.7% | 517.9% | - | - | - |
| Cost of Revenue | $1.53B | $1.2B | $1.15B | $1.13B | $993.71M | $830.64M | $705.18M | $860.4M | $488.39M | $473.22M | $466.63M | $392.76M | $397.33M | $132.03M | $88.15M | $62.76M | $18.22M | $2.3M | $1.79M |
| Gross Profit | $1.53B | $706.2M | $780M | $604.24M | $768.55M | $958.29M | $450.46M | $364.66M | $150.28M | $210.08M | $87.03M | $93.87M | $146.95M | $127.02M | $137.2M | $64.76M | $2.42M | -$2.3M | -$1.79M |
| Gross Margin | 50.0% | 37.1% | 40.3% | 34.9% | 43.6% | 53.6% | 39.0% | 29.8% | 23.5% | 30.7% | 15.7% | 19.3% | 27.0% | 49.0% | 60.9% | 50.8% | 11.7% | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $92.04M | $84.16M | $83.28M | $79.32M | $72.76M | $69.22M | $74.92M | $73.82M | $67.25M | $59.62M | $56.29M | $61.61M | $58.28M | $41.08M | $22.82M | $16.46M | $11.32M | $10.56M | $4.23M |
| Other | $34.16M | $27.23M | $22.08M | $22.52M | -$17.8M | -$163.87M | -$132.47M | $20.79M | -$3.62M | $24.2M | $125.51M | $773.55M | -$27.53M | $11.93M | $27.44M | $25.8M | $3M | $89K | -$1.37M |
| Total Operating Expenses | $126.2M | $111.39M | $105.36M | $101.85M | $54.96M | -$94.65M | -$57.55M | $94.61M | $63.63M | $83.82M | $181.8M | $835.17M | $30.75M | $46.18M | $50.27M | $42.26M | $14.31M | $10.65M | $2.86M |
| Operating Income (EBIT) | $1.4B | $594.8M | $674.64M | $502.4M | $713.59M | $1.05B | $508.01M | $286.11M | $86.65M | $126.26M | -$94.77M | -$741.3M | $116.2M | $84.14M | $85.69M | $22.5M | -$11.9M | -$9.21M | -$4.65M |
| Operating Margin | 45.9% | 31.3% | 34.9% | 29.0% | 40.5% | 58.9% | 44.0% | 23.4% | 13.6% | 18.5% | -17.1% | -152.3% | 21.3% | 32.5% | 38.0% | 17.6% | -57.6% | - | - |
| Interest Expense | $37.7M | $34.85M | $13.93M | $10.84M | $11.8M | $15.8M | $26.55M | $30.64M | $12.91M | $10.18M | $16.1M | $5.7M | $5.6M | $193K | $611K | $4.7M | $804K | $171K | $402K |
| Interest Income | $12.45M | $20.73M | $18.52M | $11.96M | $2.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $262K | $2.23M | $584K |
| Other Income (Expense) | -$427.79M | -$904.03M | -$354.3M | $28.22M | $12.63M | -$18.51M | -$25.62M | -$18.99M | -$17.75M | -$57.73M | -$48.67M | -$10.15M | -$29.09M | -$6.87M | -$5.18M | $6.31M | -$16.67M | -$16.99M | $0 |
| Income Before Tax (EBT) | $976.8M | -$309.22M | $320.33M | $530.62M | $726.23M | $1.03B | $482.39M | $267.13M | $68.9M | $68.53M | -$143.44M | -$751.45M | $87.11M | $77.27M | $80.51M | $28.81M | -$28.57M | -$26.19M | -$5.06M |
| Income Tax Expense | $550.1M | $317.43M | $278.75M | $243.89M | $265.4M | $362.01M | $173.53M | $132.36M | $7.33M | $29.93M | $1.67M | -$85.06M | $19.8M | $25.36M | $24.21M | $9.1M | -$782K | -$308K | -$458K |
| Net Income | $401.91M | -$629.89M | $10.1M | $252.87M | $420.06M | $628.06M | $293.38M | $28.94M | $56.85M | $39.13M | -$149.95M | -$665.27M | $67.3M | $51.91M | $56.3M | $20.03M | -$27.79M | -$29.99M | -$4.2M |
| Net Income Margin | 13.1% | -33.1% | 0.5% | 14.6% | 23.8% | 35.1% | 25.4% | 2.4% | 8.9% | 5.7% | -27.1% | -136.7% | 12.4% | 20.0% | 25.0% | 15.7% | -134.6% | - | - |
| Supplementary Data | |||||||||||||||||||
| EPS | 0.31 | -0.48 | 0.01 | 0.24 | 0.40 | 0.60 | 0.29 | 0.03 | 0.06 | 0.04 | -0.16 | -0.90 | 0.10 | 0.14 | 0.17 | 0.07 | -0.12 | -0.18 | -0.14 |
| Diluted EPS | 0.28 | -0.48 | 0.01 | 0.24 | 0.40 | 0.59 | 0.29 | 0.10 | 0.06 | 0.04 | -0.16 | -0.90 | 0.07 | 0.13 | 0.16 | 0.06 | -0.12 | -0.18 | -0.14 |
| Weighted Average OS | 1.33B | 1.31B | 1.23B | 1.06B | 1.05B | 1.04B | 1.01B | 1.05B | 976.37M | 941.74M | 922.11M | 739.19M | 636.13M | 384.73M | 338.54M | 307.07M | 237.09M | 145.81M | 32.38M |
| EBITDA | $1.46B | $93.03M | $736.63M | $925.31M | $1.12B | $1.35B | $760.25M | $517.92M | $242.27M | $250.09M | $16.95M | -$633.2M | $178.56M | $112.44M | $106.26M | $50.67M | -$25.55M | -$25.95M | -$4.61M |
| EBITDA Margin | 47.5% | 4.9% | 38.1% | 53.4% | 63.4% | 75.6% | 65.8% | 42.3% | 37.9% | 36.6% | 3.1% | -130.1% | 32.8% | 43.4% | 47.2% | 39.7% | -123.8% | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
| Assets | |||||||||||||||||||
| Current Assets | |||||||||||||||||||
| Cash and Cash Equivalents | $379.73M | $336.77M | $305.32M | $651.65M | $672.09M | $479.69M | $140.6M | $102.75M | $147.47M | $144.67M | $85.14M | $132.56M | $252.74M | $67.95M | $102.29M | $70.01M | $2.92M | $13.23M | $98.98M |
| Short-Term Investments | $4.86M | $11.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $483K | $369K | $33.05M | $0 |
| Cash and Short-Term Investments | $384.59M | $348.33M | $305.32M | $651.65M | $672.09M | $479.69M | $140.6M | $102.75M | $147.47M | $144.67M | $85.14M | $132.56M | $252.74M | $67.95M | $102.29M | $70.5M | $3.29M | $46.28M | $98.98M |
| Accounts Receivable | $90.26M | $66.47M | $48.45M | $43.26M | $42.3M | $28.2M | $46.74M | $26.31M | $41.94M | $27.71M | $32.13M | $31.12M | $46.1M | $26.43M | $6.37M | $4.96M | $9.8M | $545K | $3.15M |
| Inventory | $626.08M | $477.3M | $344.72M | $331.88M | $271.99M | $238.06M | $217.92M | $233.97M | $206.44M | $104.69M | $86.32M | $95.99M | $75.67M | $41.61M | $26.7M | $19.44M | $10.26M | $0 | $104K |
| Other Current Assets | $0 | $0 | $0 | $3.85M | $54.19M | $11.86M | $22.02M | -$1.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.94M |
| Total Current Assets | $1.13B | $901.25M | $707.09M | $1.03B | $1.04B | $762.7M | $429.5M | $363.03M | $395.85M | $277.07M | $203.6M | $259.67M | $374.5M | $135.99M | $149.51M | $101.06M | $23.35M | $46.91M | $105.28M |
| Long-Term Assets | |||||||||||||||||||
| Property, Plant & Equipment Net | $3.75B | $3.29B | $3.55B | $2.27B | $2.23B | $2.39B | $2.05B | $2.04B | $2.12B | $1.95B | $1.72B | $1.72B | $1.52B | $432.73M | $341.76M | $235.74M | $170.31M | $55.86M | $8.08M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41.94M | $0 | $0 | $0 | $202.07M | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $458.33M | $227.43M | $274.88M | $184.03M | $164.9M | $104.69M | $144.19M | $76.23M | $75.57M | $63.75M | $52.56M | $86.33M | $170.94M | $105.66M | $70.78M | $0 | $51.91M | $0 | $17.3M |
| Deferred Tax Assets | $76.3M | $0 | $16.84M | $0 | $1.45M | $24.55M | $1.34M | $10.91M | $27.43M | $0 | $0 | $0 | $40.77M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $452.87M | $392.98M | $305.61M | $187.13M | $116.61M | $83.43M | $61.31M | $35.3M | $39.85M | $44.96M | $44.86M | $49.78M | $4.17M | $2.09M | $996K | $1.06M | $1.78M | $49.45M | -$17K |
| Total Long-Term Assets | $4.74B | $3.91B | $4.14B | $2.64B | $2.51B | $2.6B | $2.25B | $2.18B | $2.29B | $2.06B | $1.82B | $1.86B | $1.94B | $540.48M | $413.53M | $236.79M | $224M | $105.31M | $25.36M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.87B | $4.81B | $4.85B | $3.68B | $3.56B | $3.36B | $2.68B | $2.55B | $2.69B | $2.34B | $2.02B | $2.12B | $2.31B | $676.47M | $563.04M | $337.85M | $247.35M | $152.22M | $130.64M |
| Liabilities | |||||||||||||||||||
| Current Liabilities | |||||||||||||||||||
| Accounts Payable | $174.48M | $156.26M | $166.26M | $114.74M | $111.56M | $89.06M | $83.37M | $80.32M | $95.09M | $64.86M | $58.74M | $53.05M | $65.81M | $24.22M | $22.25M | $10.58M | $10.05M | $2.91M | $1.11M |
| Short-Term Debt | $33.81M | $16.41M | $16.17M | $15.51M | $25.37M | $34.11M | $26.03M | $25.01M | $302.63M | $13.94M | $11.73M | $10.46M | $12.96M | $0 | $81K | $102K | $1.06M | $2.57M | $2.57M |
| Current Income Tax Payable | $0 | $0 | $120.06M | $95.58M | $92.15M | $154.71M | $53.4M | $66.9M | $26.45M | $13.18M | $10.69M | $16.61M | $15.66M | $13.8M | $6.25M | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30M | $60M | $57.45M | $11.17M | $17.67M | $17.01M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $584.45M | $304.18M | $9.37M | $7.68M | $1.79M | $8.21M | $2.27M | $5.02M | $10.37M | $9.75M | $17.28M | $3.54M | $3.04M | $5.86M | $1.74M | $1.39M | $658K | -$447 | $0 |
| Total Current Liabilities | $1.06B | $580.34M | $311.87M | $233.51M | $230.88M | $286.09M | $165.06M | $207.25M | $494.54M | $176.04M | $98.92M | $84.72M | $98.82M | $43.88M | $30.32M | $16.49M | $11.77M | $5.59M | $11.29M |
| Long-Term Liabilities | |||||||||||||||||||
| Long-Term Debt | $544.96M | $391.46M | $141.91M | $0 | $0 | $0 | $192.29M | $454.53M | $399.55M | $472.85M | $451.47M | $368.83M | $300.45M | $0 | $0 | $0 | $8.64M | $0 | $2.4M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $127.59M | $30M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $151.07M | $169.64M | $187.14M | $182.43M | $187.63M | $220.9M | $145.59M | $103.38M | $81.52M | $74.07M | $68.94M | $77.58M | $186.81M | $34.15M | $26.64M | $16.37M | $11.62M | $11.92M | $652K |
| Other Long-Term Liabilities | $427.84M | $606.05M | $285.73M | $111.55M | $131.31M | $118.88M | $84.95M | $129.79M | $113.15M | $158.61M | $92.52M | $62.13M | $52.28M | $32.12M | $30.75M | $21.49M | $15.66M | $0 | $0 |
| Total Long-Term Liabilities | $1.17B | $1.2B | $647.84M | $335.68M | $368.6M | $415.7M | $466.36M | $687.7M | $624.22M | $705.53M | $612.92M | $508.54M | $539.54M | $66.27M | $57.39M | $32.72M | $35.92M | $11.92M | $3.06M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.23B | $1.78B | $959.71M | $569.19M | $599.47M | $701.79M | $631.42M | $894.95M | $1.12B | $881.57M | $711.84M | $593.26M | $638.36M | $110.15M | $87.71M | $49.22M | $47.69M | $17.5M | $14.35M |
| Stockholders' Equity | |||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $3.6B | $3.51B | $3.44B | $2.49B | $2.42B | $2.41B | $2.34B | $2.23B | $2.2B | $2.15B | $2.04B | $2.02B | $1.52B | $468.55M | $435.05M | $312.83M | $233.84M | $0 | $0 |
| Retained Earnings | -$220.21M | -$515.31M | $393.83M | $587.87M | $506.69M | $254.34M | -$261.25M | -$547.84M | -$610.91M | -$667.76M | -$706.89M | -$536.62M | $132.64M | $62.81M | $13.63M | -$32.49M | -$61.98M | -$34.19M | -$4.2M |
| Comprehensive Income & Other | $55.85M | -$102.71M | -$124.62M | -$145.8M | -$136.11M | -$138.53M | -$145.07M | -$146.15M | -$94.29M | -$95.44M | -$96.25M | -$71.55M | -$40.54M | -$6.79M | -$45.49M | -$18.43M | -$2.28M | $11.31M | $2.64M |
| Other Stockholders' Equity | $206.8M | -$11.58M | -$40.08M | -$67.61M | -$69.18M | -$90.06M | -$88.39M | -$75.26M | -$34.26M | -$39.24M | -$26.2M | -$11.76M | $11.79M | $28.59M | $22.71M | $9.79M | $27.8M | $168.91M | $120.49M |
| Total Equity | $3.59B | $2.98B | $3.79B | $3.01B | $2.86B | $2.57B | $1.99B | $1.61B | $1.55B | $1.44B | $1.3B | $1.47B | $1.66B | $559.95M | $471.39M | $290.13M | $199.66M | $134.72M | $116.29M |
| Minority Interest | $47.86M | $52.6M | $99.09M | $103.62M | $100.58M | $88.57M | $61.41M | $41.91M | $14.29M | $9.57M | $8.86M | $55.25M | $7.72M | $6.37M | $3.94M | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.82B | $4.76B | $4.75B | $3.58B | $3.46B | $3.27B | $2.62B | $2.51B | $2.67B | $2.33B | $2.02B | $2.06B | $2.3B | $670.09M | $559.1M | $339.35M | $247.35M | $152.22M | $130.64M |
| Supplementary Data | |||||||||||||||||||
| Total Debt | $629.31M | $437.62M | $191.14M | $57.2M | $75.03M | $110.02M | $261.85M | $479.54M | $702.18M | $486.78M | $463.19M | $379.29M | $313.41M | $0 | $81K | $102K | $9.7M | $2.67M | $5.08M |
| Net Debt | $249.57M | $100.85M | -$114.18M | -$594.45M | -$597.06M | -$369.66M | $121.25M | $376.78M | $554.71M | $342.11M | $378.05M | $246.72M | $60.68M | -$67.95M | -$102.21M | -$69.91M | $6.78M | -$10.56M | -$93.9M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
| Operating Activities | |||||||||||||||||||
| Net Income | $408.94M | -$626.65M | $41.59M | $242.85M | $416.37M | $661.24M | $293.06M | $45.12M | $61.57M | $38.6M | -$115.08M | -$666.38M | $67.3M | $51.91M | $56.3M | $29.49M | -$27.79M | -$29.99M | -$4.2M |
| Depreciation & Amortization | $440.83M | $367.41M | $402.37M | $383.85M | $378.89M | $301.49M | $251.31M | $235.54M | $160.47M | $172.32M | $144.29M | $112.56M | $85.86M | $34.97M | $27.44M | $15.93M | $2.28M | $89K | $47K |
| Deferred Income Tax | -$147.08M | $7.39M | -$9.14M | -$3.76M | -$5.22M | $54.85M | $60.45M | $40.04M | -$17.99M | $7.63M | -$6.84M | -$93.05M | -$3.1M | $7.51M | $17.92M | $4.45M | -$782K | -$308K | -$482K |
| Stock-Based Compensation | $0 | $24.34M | $18.17M | $0 | $0 | $0 | $0 | $21.69M | $18.13M | $13.65M | $15.21M | $16.11M | $18.33M | $16.64M | $6.19M | $1.94M | $3.22M | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||
| Accounts Receivable | -$15.31M | -$74.61M | -$105.21M | -$493K | -$47.83M | $3.42M | -$19.52M | $3.35M | -$6.77M | $3.73M | $3.05M | $10.09M | $1.41M | -$5.91M | -$1.18M | -$680K | -$4.33M | $480K | -$1.18M |
| Inventory | -$85.1M | -$185.75M | -$50.48M | -$48.28M | -$23.83M | -$26.13M | -$18.87M | -$41.19M | -$58.06M | -$17.86M | $7.64M | -$7.5M | $11.48M | -$13.91M | -$6.79M | -$7.33M | -$2.46M | $0 | $0 |
| Accounts Payable | $70.25M | -$1.24M | -$21.38M | $1.14M | $11.97M | $7.41M | $5.43M | $1.36M | $20.39M | $11.93M | $7.17M | -$3.56M | -$7.81M | $2.95M | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$15.24M | -$21.18M | $49.66M | -$63.84M | -$45.31M | $100.16M | -$15.14M | $47M | -$1.62M | $10.13M | -$10.04M | -$8.05M | -$1.6M | $7.54M | $1.39M | $6.48M | -$2.42M | -$504K | $755K |
| Total Working Capital Change | -$45.4M | -$282.78M | -$127.42M | -$111.48M | -$104.99M | $84.86M | -$48.11M | $10.52M | -$46.06M | $126.39M | $7.83M | -$9.02M | -$5.88M | -$9.32M | -$6.58M | -$1.52M | -$9.21M | $51K | -$428K |
| Other Non-Cash Items | $235.45M | $1.39B | $388.87M | $56.44M | $26.52M | -$114.69M | -$76.19M | $97.95M | -$21.11M | $53.21M | $129.99M | $757.04M | -$14.68M | $3.37M | $1.08M | -$15.97M | $19.53M | $13.58M | $3.02M |
| Net Cash from Operating | $892.75M | $877.6M | $714.45M | $567.91M | $711.56M | $987.76M | $480.52M | $450.87M | $155M | $411.81M | $175.4M | $117.24M | $147.83M | $105.08M | $102.35M | $34.33M | -$12.75M | -$16.59M | -$2.04M |
| Investing Activities | |||||||||||||||||||
| Capital Expenditures | -$877.93M | -$874.29M | -$20.39M | -$328.52M | -$299.66M | -$371.2M | -$267.23M | -$271.59M | -$340.72M | -$387.98M | -$291.96M | -$244.22M | -$323.9M | -$63.74M | -$94.04M | -$14.05M | -$55.56M | -$26.27M | -$7.09M |
| Acquisitions | $0 | $7.14M | $31.41M | -$3.2M | $31.41M | $25.82M | $52.73M | -$2.5M | -$1.5M | -$6M | -$6.14M | $17.3M | $85.14M | $0 | $17.82M | $0 | -$15.26M | -$9M | $282K |
| Purchases of Investments | -$88.12M | -$45.53M | -$33.28M | -$11.28M | -$13.83M | -$12.19M | $0 | $0 | $0 | $0 | $0 | -$1.69M | -$14.99M | -$5.07M | $0 | $0 | -$2.6M | -$33.05M | -$7.7M |
| Sales of Investments | $55.91M | $97.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.49M | $0 | $0 | $0 | $1.5M | $33.05M | $0 | $0 |
| Other Investing Activities | $1.78M | $51.43M | -$823.08M | -$30.38M | -$1.67M | $1.76M | -$54.4M | $626K | -$4.63M | $2.14M | $3.18M | -$67.01M | $1.17M | -$79.03M | -$1.47M | $2.29M | $4.14M | -$850K | -$2.37M |
| Net Cash from Investing | -$908.37M | -$763.3M | -$845.34M | -$373.38M | -$283.76M | -$355.81M | -$268.9M | -$273.47M | -$346.84M | -$391.85M | -$294.92M | -$290.14M | -$252.58M | -$147.84M | -$77.69M | -$10.26M | -$36.24M | -$69.16M | -$16.88M |
| Financing Activities | |||||||||||||||||||
| Debt Repaid | -$202.73M | -$240.21M | -$135.85M | $21.32M | $31.88M | $196.91M | $234.73M | $193.88M | -$196.78M | $24.1M | -$89.15M | -$71.07M | -$181.19M | $10K | $21K | $13.5M | -$14.44M | - | $86K |
| Common Stock Issuance | $81.4M | $10.07M | $13.09M | $13.71M | $6.38M | $48.59M | $74.63M | $21.64M | $27.46M | $44.47M | $519K | $2.82M | $7.46M | $8.62M | $7.94M | $57.12M | $25.26M | $0 | $116.93M |
| Common Stock Repurchases | -$10.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$105.25M | -$184.63M | -$190.15M | -$163.87M | -$166.89M | -$121.36M | -$10.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$90.41M | -$134.72M | -$150.17M | -$27.15M | -$33.6M | -$10.81M | -$3.03M | -$48.27M | -$31.22M | $20.1M | -$14.28M | -$17.62M | $4.93M | -$192K | -$301K | $0 | -$1.02M | $0 | $0 |
| Net Cash from Financing | $78.44M | -$69.07M | -$191.37M | -$198.63M | -$225.99M | -$280.49M | -$173.64M | -$220.51M | $193.02M | $40.47M | $75.39M | $56.27M | $289.54M | $8.41M | $7.62M | $42.66M | $38.68M | $0 | $117.91M |
| Forex Effect | -$19.86M | -$15.15M | -$21.66M | -$16.34M | -$9.41M | -$12.37M | -$139K | -$1.61M | $1.62M | -$906K | -$3.3M | -$3.54M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $42.96M | $30.08M | -$345.05M | -$20.44M | $192.4M | $339.09M | $37.84M | -$44.72M | $2.8M | $59.53M | -$47.42M | -$120.17M | $184.79M | -$34.34M | $32.28M | $67.09M | -$10.31M | -$85.75M | $98.98M |
| Supplementary Data | |||||||||||||||||||
| Operating Cash Flow | $892.75M | $877.6M | $714.45M | $567.91M | $711.56M | $987.76M | $480.52M | $450.87M | $155M | $411.81M | $175.4M | $113.7M | $147.83M | $105.08M | $102.35M | $34.33M | -$12.75M | -$16.59M | -$2.04M |
| Capital Expenditure | -$826.37M | -$901.26M | -$76.37M | -$267.41M | -$244.04M | -$320.47M | -$267.23M | -$271.59M | -$372.4M | -$350.95M | -$210.41M | -$244.22M | -$275.92M | -$63.74M | -$94.04M | -$14.05M | -$5.02M | -$26.27M | -$7.09M |
| Free Cash Flow | $66.38M | -$23.66M | $638.09M | $300.5M | $467.53M | $667.28M | $213.29M | $179.27M | -$217.4M | $60.86M | -$35M | -$130.52M | -$128.09M | $41.34M | $8.3M | $20.28M | -$17.77M | -$42.85M | -$9.13M |
| Cash at Beginning | $336.77M | $306.89M | $651.95M | $672.09M | $479.69M | $140.6M | $102.75M | $147.47M | $144.67M | $85.14M | $132.56M | $252.74M | $67.95M | $102.29M | $70.01M | $2.92M | $13.23M | $98.98M | $0 |
| Cash at End | $379.73M | $336.97M | $306.89M | $651.65M | $672.09M | $479.69M | $140.6M | $102.75M | $147.47M | $144.67M | $85.14M | $132.56M | $252.74M | $67.95M | $102.29M | $70.01M | $2.92M | $13.23M | $98.98M |