Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Newmont Corp., consolidated cash flow statement

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income (loss)	(2,467)	(369)	233)	2,791)	2,884)
Depreciation and amortization	2,108)	2,185)	2,323)	2,300)	1,960)
Impairment charges	1,891)	1,320)	25)	49)	5)
Loss on assets held for sale	—)	—)	571)	—)	—)
Gain on formation of Nevada Gold Mines	—)	—)	—)	—)	(2,390)
Net (income) loss from discontinued operations	(27)	(30)	(57)	(163)	72)
Reclamation and remediation	1,506)	892)	1,827)	353)	258)
(Gain) loss on asset and investment sales, net	197)	(35)	(212)	(677)	(30)
Deferred income taxes	(104)	(278)	(109)	(222)	334)
Stock-based compensation	80)	73)	72)	72)	97)
Change in fair value of investments	47)	46)	135)	(252)	(166)
Charges from pension settlement	9)	137)	4)	92)	—)
Other non-cash adjustments	27)	98)	(5)	252)	161)
Trade and other receivables	(240)	5)	142)	29)	(193)
Inventories, stockpiles and ore on leach pads	(187)	(161)	(136)	(139)	(132)
Other assets	50)	(84)	36)	34)	29)
(Increase) decrease in operating assets	(377)	(240)	42)	(76)	(296)
Accounts payable	(42)	102)	(11)	(50)	144)
Reclamation and remediation liabilities	(275)	(247)	(161)	(101)	(102)
Accrued tax liabilities	(197)	(343)	(317)	378)	47)
Other accrued liabilities	378)	(113)	(94)	144)	(102)
Increase (decrease) in operating liabilities	(136)	(601)	(583)	371)	(13)
Net change in operating assets and liabilities	(513)	(841)	(541)	295)	(309)
Adjustments	5,221)	3,567)	4,033)	2,099)	(8)
Net cash provided by operating activities	2,754)	3,198)	4,266)	4,890)	2,876)
Additions to property, plant and mine development	(2,666)	(2,131)	(1,653)	(1,302)	(1,463)
Maturities of investments	1,363)	93)	—)	—)	—)
Acquisitions, net	668)	(15)	(328)	—)	127)
Purchases of investments	(551)	(940)	(59)	(37)	(112)
Proceeds from sales of investments	234)	171)	194)	307)	67)
Contributions to equity method investees	(108)	(194)	(150)	(60)	(28)
Return of investment from equity method investees	36)	62)	18)	58)	132)
Proceeds from sales of mining operations and other assets, net	—)	16)	84)	1,156)	30)
Other	22)	(45)	26)	44)	21)
Net cash (used in) provided by investing activities	(1,002)	(2,983)	(1,868)	166)	(1,226)
Dividends paid to common stockholders	(1,415)	(1,746)	(1,757)	(834)	(889)
Distributions to noncontrolling interests	(150)	(191)	(200)	(197)	(186)
Funding from noncontrolling interests	138)	117)	100)	112)	93)
Payments on finance lease and other financing obligations	(67)	(66)	(73)	(66)	(55)
Payments for Norte Abierto deferred payment obligation	(64)	(8)	(26)	—)	—)
Payments for withholding of employee taxes related to stock-based compensation	(25)	(39)	(32)	(48)	(50)
Acquisition of noncontrolling interests	—)	(348)	—)	—)	—)
Repayment of debt	—)	(89)	(1,382)	(1,160)	(1,876)
Proceeds from issuance of debt, net	—)	—)	992)	985)	690)
Repurchases of common stock	—)	—)	(525)	(521)	(479)
Other	(20)	14)	(55)	49)	(25)
Net cash used in financing activities	(1,603)	(2,356)	(2,958)	(1,680)	(2,777)
Net cash provided by (used in) operating activities of discontinued operations	9)	22)	13)	(8)	(10)
Net cash used in investing activities of discontinued operations	—)	—)	—)	(75)	—)
Net cash provided by (used in) discontinued operations	9)	22)	13)	(83)	(10)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(2)	(30)	(8)	6)	(3)
Net change in cash, cash equivalents and restricted cash	156)	(2,149)	(555)	3,299)	(1,140)
Cash, cash equivalents and restricted cash at beginning of period	2,944)	5,093)	5,648)	2,349)	3,489)
Cash, cash equivalents and restricted cash at end of period	3,100)	2,944)	5,093)	5,648)	2,349)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Cash flow statement item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Newmont Corp. net cash provided by operating activities decreased from 2021 to 2022 and from 2022 to 2023.
Net cash (used in) provided by investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Newmont Corp. net cash (used in) provided by investing activities decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Net cash used in financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Newmont Corp. net cash used in financing activities increased from 2021 to 2022 and from 2022 to 2023.

Newmont Corp. (NYSE:NEM)

Cash Flow Statement