Cash flow Barrick Gold Corporation

Equities

ABX

CA0679011084

Gold

Market Closed - Toronto S.E. Other stock markets 16:16:58 2024-09-11 EDT			5-day change	1st Jan Change
26.85 ^CAD	+0.64%		+2.76%	+12.16%

12:05am	Barrick Gold's Lumwana Mine Expansion Feasibility Study Likely to Complete by Year-End	MT
09-11	Barrick Gold Says Feasibility Study on Lumwana Super Pit Expansion Expected by Year-End	MT

8952a7ebbceb022a1.cHdkKlbNcAOwYiS0XucjGUeAqjq8eIxF3Zc55WoviNo.KCQUTz79KmjbGgn6MtZMUgywmlzZPrk0vttXhzxWx44WBDwaFZlJctkvdQ

Published financial data: BARRICK GOLD CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	9.72B	12.6B	11.98B	11.01B	11.4B
Total Revenues	9.72B	12.6B	11.98B	11.01B	11.4B
Cost of Goods Sold, Total	6.86B	7.42B	7.11B	7.54B	7.93B
Gross Profit	2.86B	5.18B	4.88B	3.47B	3.46B
Selling General & Admin Expenses, Total	201M	193M	167M	174M	136M
Exploration / Drilling Costs, Total	291M	286M	271M	335M	351M
Impairment of Oil, Gas & Mineral Properties - (IS)	-433M	-417M	12M	454M	268M
Other Operating Expenses	-95M	186M	148M	-84M	241M
Other Operating Expenses, Total	-36M	248M	598M	879M	996M
Operating Income	2.9B	4.93B	4.28B	2.59B	2.47B
Interest Expense, Total	-429M	-325M	-347M	-342M	-351M
Interest And Investment Income	51M	49M	57M	111M	290M
Net Interest Expenses	-378M	-276M	-290M	-231M	-61M
Income (Loss) On Equity Invest.	165M	288M	446M	258M	232M
Currency Exchange Gains (Loss)	-109M	-50M	-29M	-16M	-93M
Other Non Operating Income (Expenses)	7M	6M	-2M	-1M	-1M
EBT, Excl. Unusual Items	2.58B	4.9B	4.4B	2.6B	2.55B
Restructuring Charges	-97M	-23M	-	-	-
Merger & Related Restructuring Charges	-62M	-	-	-	-
Impairment of Goodwill	-	-	-	-1.19B	-
Gain (Loss) On Sale Of Investments	2.29B	-	-16M	304M	228M
Gain (Loss) On Sale Of Assets	33M	180M	213M	-	-
Asset Writedown	990M	-148M	75M	-29M	76M
Insurance Settlements	-	-	-	22M	-
Legal Settlements	-26M	-19M	-42M	-41M	-36M
Other Unusual Items	643M	59M	-	14M	-
EBT, Incl. Unusual Items	6.36B	4.95B	4.63B	1.68B	2.81B
Income Tax Expense	1.78B	1.33B	1.34B	664M	861M
Earnings From Continuing Operations	4.57B	3.61B	3.29B	1.02B	1.95B
Net Income to Company	4.57B	3.61B	3.29B	1.02B	1.95B
Minority Interest	-605M	-1.29B	-1.27B	-585M	-681M
Net Income - (IS)	3.97B	2.32B	2.02B	432M	1.27B
Net Income to Common Incl Extra Items	3.97B	2.32B	2.02B	432M	1.27B
Net Income to Common Excl. Extra Items	3.97B	2.32B	2.02B	432M	1.27B
Per Share Items
Net EPS - Basic	2.26	1.31	1.14	0.24	0.72
Basic EPS - Continuing Operations	2.26	1.31	1.14	0.24	0.72
Basic Weighted Average Shares Outstanding	1.76B	1.78B	1.78B	1.77B	1.76B
Net EPS - Diluted	2.26	1.31	1.14	0.24	0.72
Diluted EPS - Continuing Operations	2.26	1.31	1.14	0.24	0.72
Diluted Weighted Average Shares Outstanding	1.76B	1.78B	1.78B	1.77B	1.76B
Normalized Basic EPS	0.57	1	0.83	0.59	0.52
Normalized Diluted EPS	0.57	1	0.83	0.59	0.52
Dividend Per Share	0.2	0.33	0.37	0.4	0.4
Payout Ratio	13.81	23.54	31.36	264.58	55.03
Supplemental Items
EBITDA	4.55B	6.74B	6.42B	5.09B	4.85B
EBITA	2.97B	4.99B	4.33B	2.66B	2.56B
EBIT	2.9B	4.93B	4.28B	2.59B	2.47B
Effective Tax Rate - (Ratio)	28.05	26.93	29.02	39.5	30.6
Current Domestic Taxes	5M	14M	-9M	-8M	-3M
Current Foreign Taxes	705M	1.17B	1.01B	713M	683M
Total Current Taxes	710M	1.18B	999M	705M	680M
Deferred Domestic Taxes	-	-6M	38M	3M	-
Deferred Foreign Taxes	1.07B	157M	307M	-44M	181M
Total Deferred Taxes	1.07B	151M	345M	-41M	181M
Normalized Net Income	1.01B	1.77B	1.49B	1.04B	910M
Interest Capitalized	14M	24M	16M	29M	42M
Interest on Long-Term Debt	332M	309M	309M	437M	498M
Non-Cash Pension Expense	1M	2M	-	-	-
Supplemental Operating Expense Items
Marketing Expenses	7M	9M	16M	15M	10M
Selling and Marketing Expenses	7M	9M	16M	15M	10M
General and Administrative Expenses	194M	184M	151M	159M	126M
Research And Development Expense From Footnotes	1M	1M	-	-	-
Exploration/Drilling Costs	291M	286M	271M	335M	351M
Stock-Based Comp., G&A Exp. (Total)	37M	67M	33M	34M	25M
Stock-Based Comp., Other (Total)	34M	20M	48M	21M	41M
Total Stock-Based Compensation	71M	87M	81M	55M	66M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3.31B	5.19B	5.28B	4.44B	4.15B
Total Cash And Short Term Investments	3.31B	5.19B	5.28B	4.44B	4.15B
Accounts Receivable, Total	68M	265M	242M	188M	246M
Other Receivables	597M	501M	700M	718M	932M
Total Receivables	665M	766M	942M	906M	1.18B
Inventory	2.29B	1.88B	1.73B	1.78B	1.78B
Prepaid Expenses	174M	227M	206M	243M	203M
Restricted Cash	-	-	-	945M	-
Other Current Assets, Total	445M	84M	87M	150M	127M
Total Current Assets	6.89B	8.14B	8.25B	8.46B	7.44B
Gross Property Plant And Equipment	61.86B	63.75B	64.94B	68.54B	70.86B
Accumulated Depreciation	-37.72B	-39.12B	-39.98B	-42.72B	-44.44B
Net Property Plant And Equipment	24.14B	24.63B	24.95B	25.82B	26.42B
Long-term Investments	4.78B	5.1B	5.01B	4.1B	4.26B
Goodwill	4.77B	4.77B	4.77B	3.58B	3.58B
Other Intangibles, Total	226M	169M	150M	149M	149M
Loans Receivable Long-Term	202M	154M	123M	160M	187M
Deferred Tax Assets Long-Term	235M	98M	29M	19M	-
Other Long-Term Assets, Total	3.15B	3.45B	3.61B	3.68B	3.78B
Total Assets	44.39B	46.51B	46.89B	45.96B	45.81B
Liabilities
Accounts Payable, Total	715M	929M	539M	1.69B	678M
Accrued Expenses, Total	488M	596M	966M	865M	875M
Current Portion of Long-Term Debt	350M	7M	9M	32M	32M
Current Portion of Leases	25M	13M	15M	13M	11M
Current Income Taxes Payable	224M	436M	285M	163M	303M
Unearned Revenue Current, Total	328M	47M	43M	54M	58M
Other Current Liabilities	246M	192M	229M	307M	399M
Total Current Liabilities	2.38B	2.22B	2.09B	3.12B	2.36B
Long-Term Debt	5.09B	5.29B	5.4B	5.15B	5.14B
Long-Term Leases	71M	53M	53M	57M	45M
Unearned Revenue Non Current	425M	596M	592M	573M	560M
Pension & Other Post Retirement Benefits	62M	68M	90M	82M	72M
Deferred Tax Liability Non Current	3.09B	3.03B	3.29B	3.25B	3.44B
Other Non Current Liabilities	3.45B	3.53B	3.07B	2.45B	2.2B
Total Liabilities	14.56B	14.8B	14.58B	14.68B	13.81B
Common Stock, Total	29.23B	29.24B	28.5B	28.11B	28.12B
Additional Paid In Capital	2.01B	2B	1.91B	1.88B	1.88B
Retained Earnings	-9.72B	-7.95B	-6.57B	-7.28B	-6.71B
Comprehensive Income and Other	-84M	52M	15M	64M	62M
Total Common Equity	21.43B	23.34B	23.86B	22.77B	23.34B
Minority Interest	8.4B	8.37B	8.45B	8.52B	8.66B
Total Equity	29.83B	31.71B	32.31B	31.29B	32B
Total Liabilities And Equity	44.39B	46.51B	46.89B	45.96B	45.81B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.78B	1.78B	1.78B	1.76B	1.76B
ECS Total Common Shares Outstanding	1.78B	1.78B	1.78B	1.76B	1.76B
Book Value / Share	12.05	13.13	13.41	12.97	13.3
Tangible Book Value	16.44B	18.4B	18.94B	19.04B	19.61B
Tangible Book Value Per Share	9.25	10.35	10.64	10.85	11.17
Total Debt	5.54B	5.36B	5.47B	5.25B	5.22B
Net Debt	2.22B	176M	193M	810M	1.08B
Debt Equivalent of Unfunded Proj. Benefit Obligation	39M	42M	-	-	-
Minority Interest, Total (Incl. Fin. Div)	8.4B	8.37B	8.45B	8.52B	8.66B
Equity Method Investments, Total	4.53B	4.67B	4.59B	3.98B	4.13B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	1.16B	881M	788M	781M	793M
Inventories - Work In Process, Total	141M	117M	108M	138M	148M
Inventories - Finished Goods, Total	323M	211M	166M	99M	130M
Inventories - Others	669M	669M	672M	763M	711M
Buildings, Total	18.44B	18.26B	17.24B	18.47B	19.12B
Full Time Employees	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	3.97B	2.32B	2.02B	432M	1.27B
Depreciation & Amortization - CF	2.03B	2.19B	2.1B	2B	2.04B
Amortization of Goodwill and Intangible Assets - (CF)	77M	57M	51M	67M	87M
Impairment of Oil, Gas & Mineral Properties - (CF)	-433M	-417M	12M	454M	268M
Depreciation & Amortization, Total	1.67B	1.83B	2.16B	2.52B	2.4B
Amortization of Deferred Charges, Total - (CF)	2M	2M	1M	1M	1M
(Gain) Loss From Sale Of Asset	-33M	-180M	-8M	-105M	-12M
(Gain) Loss on Sale of Investments - (CF)	-2.29B	-	-189M	-304M	-347M
Asset Writedown & Restructuring Costs	-990M	148M	-75M	1.22B	44M
(Income) Loss On Equity Investments - (CF)	-165M	-288M	-446M	-258M	-232M
Stock-Based Compensation (CF)	71M	87M	81M	55M	66M
Other Operating Activities, Total	956M	1.8B	1.1B	248M	994M
Change In Accounts Receivable	-118M	-192M	-46M	89M	-155M
Change In Inventories	9M	121M	-163M	-219M	-97M
Change In Accounts Payable	-108M	42M	140M	93M	-37M
Change in Other Net Operating Assets	-140M	-279M	-204M	-285M	-163M
Cash from Operations	2.83B	5.42B	4.38B	3.48B	3.73B
Capital Expenditure	-1.7B	-2.05B	-2.44B	-3.05B	-3.09B
Sale of Property, Plant, and Equipment	41M	45M	35M	88M	13M
Cash Acquisitions	751M	-	-	-	-
Divestitures	750M	283M	27M	-	-
Investment in Marketable and Equity Securities, Total	119M	361M	474M	1.25B	-23M
Other Investing Activities, Total	90M	79M	2M	-	280M
Cash from Investing	50M	-1.29B	-1.9B	-1.71B	-2.82B
Short Term Debt Issued, Total	-	42M	131M	177M	65M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	42M	131M	177M	65M
Long-Term Debt Repaid, Total	-309M	-379M	-27M	-395M	-56M
Total Debt Repaid	-309M	-379M	-27M	-395M	-56M
Repurchase of Common Stock	-	-	-750M	-424M	-
Common Dividends Paid	-548M	-547M	-634M	-1.14B	-700M
Common & Preferred Stock Dividends Paid	-548M	-547M	-634M	-1.14B	-700M
Other Financing Activities, Total	-282M	-1.37B	-1.11B	-819M	-514M
Cash from Financing	-1.14B	-2.25B	-2.39B	-2.6B	-1.2B
Foreign Exchange Rate Adjustments	-1M	-3M	-1M	-6M	-3M
Net Change in Cash	1.74B	1.87B	92M	-840M	-292M
Supplemental Items
Cash Interest Paid	333M	295M	303M	305M	300M
Cash Income Tax Paid (Refund)	612M	718M	1.27B	767M	524M
Levered Free Cash Flow	798M	3.56B	2.11B	885M	676M
Unlevered Free Cash Flow	1.06B	3.76B	2.33B	1.1B	894M
Change In Net Working Capital	790M	-817M	152M	43M	27M
Net Debt Issued / Repaid	-309M	-337M	104M	-218M	9M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	5.4	6.78	5.72	3.49	3.36
Return on Total Capital	7.17	8.51	7.14	4.35	4.18
Return On Equity %	23.33	11.75	10.27	3.2	6.17
Return on Common Equity	27.35	10.38	8.57	1.85	5.52
Margin Analysis
Gross Profit Margin %	29.44	41.1	40.68	31.49	30.4
SG&A Margin	2.07	1.53	1.39	1.58	1.19
EBITDA Margin %	46.78	53.51	53.58	46.18	42.56
EBITA Margin %	30.61	39.59	36.11	24.12	22.43
EBIT Margin %	29.81	39.13	35.69	23.51	21.66
Income From Continuing Operations Margin %	47.07	28.69	27.43	9.23	17.14
Net Income Margin %	40.85	18.45	16.87	3.92