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Harmony Gold Mining Company Ltd
JSE:HAR

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Harmony Gold Mining Company Ltd
JSE:HAR
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Price: 33 929 Zac -1.23% Market Closed
Market Cap: 216.1B ZAR
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
+227%
5Y
+380%
10Y
+1 029%
Investing Cash Flow
+
3Y
-93%
5Y
-236%
10Y
-311%
Financing Cash Flow
+
3Y
-92%
5Y
-
10Y
-

Cash Flow Statement
Harmony Gold Mining Company Ltd

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Cash Flow Statement
Currency: ZAR
Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2017 Jun-2018 Dec-2018 Jun-2019 Dec-2019 Jun-2020 Dec-2020 Jun-2021 Dec-2021 Jun-2022 Dec-2022 Jun-2023 Dec-2023 Jun-2024 Dec-2024 Jun-2025
Operating Cash Flow
Net Income
(836)
0
0
0
(4 259)
0
0
0
(387)
0
0
0
668
0
0
0
256
0
0
0
3 851
0
0
0
143
0
0
0
171
0
0
0
2 686
0
0
0
0
0
0
0
(1 549)
0
0
0
(5 240)
0
0
(4 707)
0
(2 746)
0
0
0
0
0
0
0
6 606
0
11 770
10 349
21 206
Depreciation & Amortization
933
0
0
0
829
0
0
0
1 089
0
0
0
1 172
0
0
0
896
0
0
0
1 467
0
0
0
1 375
0
0
0
1 776
0
0
0
1 991
0
0
0
0
0
0
0
2 143
0
0
0
2 472
0
0
2 570
0
4 054
0
0
0
3 877
0
3 683
0
3 454
2 381
4 642
4 689
4 842
Stock-Based Compensation
0
0
0
0
0
0
0
0
95
0
0
0
45
0
0
0
42
0
0
0
113
0
0
0
148
0
0
0
139
0
0
0
95
0
0
0
266
0
0
0
270
0
0
0
208
0
0
244
0
155
0
130
194
114
109
143
111
51
51
244
429
712
Other Non-Cash Items
(193)
0
0
0
2 639
0
0
0
191
0
0
0
(2)
0
0
0
1 096
0
0
0
(2 034)
0
0
0
406
0
0
0
568
0
0
0
(95)
0
0
0
0
0
0
0
1 757
0
0
0
4 742
0
0
6 515
0
3 746
0
0
0
(498)
0
5 444
0
1 120
(515)
1 578
2 188
(33)
Cash Taxes Paid
578
582
223
87
55
51
57
12
12
12
0
7
14
25
22
72
129
118
263
343
704
728
620
498
125
104
100
81
45
41
160
133
277
169
241
346
312
420
227
0
(3)
0
0
0
(85)
(85)
196
307
115
55
119
24
154
584
537
296
0
518
1 114
2 388
3 001
4 289
Cash Interest Paid
319
344
312
275
261
231
235
212
201
199
202
201
226
240
249
383
417
470
473
332
280
177
126
117
90
111
135
137
134
145
146
138
141
129
122
123
125
125
117
129
121
115
117
92
108
85
60
180
310
387
361
370
377
234
150
319
410
363
515
507
311
258
Change in Working Capital
(289)
(1 083)
(642)
(1 050)
(323)
(570)
(716)
13
(192)
1 345
1 955
2 204
(76)
773
(179)
65
(510)
2 325
3 867
3 149
(998)
1 906
1 033
1 323
(341)
2 007
2 240
2 173
(136)
2 763
3 733
4 205
(369)
4 588
4 367
3 785
2 855
1 648
1 159
1 768
(83)
3 128
2 427
2 063
32
1 627
1 113
(494)
4 702
(375)
4 762
4 723
7 769
(582)
37 081
(1 145)
(23 692)
(1 232)
4 496
(2 340)
(2 640)
(3 368)
Cash from Operating Activities
(385)
N/A
(1 083)
-181%
(642)
+41%
(1 050)
-64%
(1 114)
-6%
(570)
+49%
(716)
-26%
13
N/A
701
+5 292%
1 345
+92%
1 955
+45%
2 204
+13%
1 762
-20%
773
-56%
(179)
N/A
65
N/A
1 738
+2 574%
2 325
+34%
3 867
+66%
3 149
-19%
2 286
-27%
1 906
-17%
1 033
-46%
1 323
+28%
1 583
+20%
2 007
+27%
2 240
+12%
2 173
-3%
2 379
+9%
2 763
+16%
3 733
+35%
4 205
+13%
4 213
+0%
4 588
+9%
4 367
-5%
3 785
-13%
2 855
-25%
1 648
-42%
1 159
-30%
1 768
+53%
2 268
+28%
3 128
+38%
2 427
-22%
2 063
-15%
2 006
-3%
1 627
-19%
1 113
-32%
3 884
+249%
4 702
+21%
4 679
0%
4 762
+2%
4 723
-1%
7 769
+64%
9 179
+18%
37 081
+304%
6 924
-81%
(23 692)
N/A
9 948
N/A
13 878
+40%
15 650
+13%
18 840
+20%
22 647
+20%
Investing Cash Flow
Capital Expenditures
(880)
(945)
(1 189)
(1 271)
(802)
(1 466)
(1 456)
(1 567)
(1 747)
(1 959)
(2 019)
(2 348)
(2 740)
(2 820)
(2 225)
(3 235)
(3 976)
0
0
0
(3 088)
0
(1 797)
(2 785)
(3 353)
(4 101)
(3 150)
(2 849)
(3 144)
(3 064)
(2 997)
(3 050)
(3 225)
(3 450)
(3 718)
(3 813)
(3 789)
(3 514)
(3 091)
(2 855)
(2 661)
(2 694)
(2 818)
(2 929)
(2 836)
(2 780)
(1 970)
(4 571)
(4 406)
(5 036)
(4 906)
(3 610)
(3 706)
(5 142)
(5 946)
(6 214)
(6 690)
(7 640)
(7 862)
(8 398)
(9 336)
(11 855)
Other Items
1 106
2 724
(674)
(524)
2 373
19
4 894
2 711
(15)
(15)
(2 464)
(283)
(64)
1 854
299
1 711
1 603
517
1 293
(379)
3 905
(775)
638
1 068
(63)
1 093
529
227
490
221
138
283
347
185
108
1 434
1 311
1 464
1 537
48
21
35
(88)
(54)
(72)
(79)
(17)
(3 504)
(3 426)
239
227
52
(3 299)
(3 322)
(29 968)
14
26 931
(2 956)
217
37
(267)
(100)
Cash from Investing Activities
226
N/A
1 779
+687%
(1 863)
N/A
(1 795)
+4%
1 571
N/A
(1 447)
N/A
3 438
N/A
1 144
-67%
(1 762)
N/A
(1 974)
-12%
(4 483)
-127%
(2 631)
+41%
(2 804)
-7%
(966)
+66%
(1 926)
-99%
(1 524)
+21%
(2 373)
-56%
(2 368)
+0%
(1 691)
+29%
(1 646)
+3%
817
N/A
(775)
N/A
(1 159)
-50%
(1 717)
-48%
(3 416)
-99%
(3 008)
+12%
(2 621)
+13%
(2 622)
0%
(2 654)
-1%
(2 843)
-7%
(2 859)
-1%
(2 767)
+3%
(2 878)
-4%
(3 265)
-13%
(3 610)
-11%
(2 379)
+34%
(2 478)
-4%
(2 050)
+17%
(1 554)
+24%
(2 807)
-81%
(2 640)
+6%
(2 659)
-1%
(2 906)
-9%
(2 983)
-3%
(2 908)
+3%
(2 859)
+2%
(1 987)
+31%
(8 075)
-306%
(7 832)
+3%
(4 797)
+39%
(4 679)
+2%
(3 558)
+24%
(7 005)
-97%
(8 464)
-21%
(35 914)
-324%
(6 200)
+83%
20 241
N/A
(10 596)
N/A
(7 645)
+28%
(8 361)
-9%
(9 603)
-15%
(11 955)
-24%
Financing Cash Flow
Net Issuance of Common Stock
132
0
0
0
20
0
0
0
183
0
0
0
138
0
0
0
87
0
1 075
2 030
1 953
0
970
21
18
26
29
36
44
45
48
38
26
17
6
3
1
1
1
0
0
0
0
0
0
0
0
1 003
1 214
211
0
3 466
3 466
0
0
0
0
0
0
0
0
0
Net Issuance of Debt
388
501
469
624
191
(214)
(122)
725
(393)
(98)
(99)
(857)
802
1 088
813
941
414
(460)
(882)
(1 182)
(3 738)
(3 157)
(1 791)
(1 781)
845
845
595
839
379
833
(303)
(252)
195
69
971
682
345
633
446
(12)
144
(465)
(462)
(382)
148
448
409
2 874
2 305
169
(256)
842
(1 029)
(3 610)
(1 723)
(721)
3 018
1 348
(4 380)
(3 993)
(1 661)
(115)
Cash Paid for Dividends
(395)
(106)
(198)
(95)
(97)
(95)
(2)
(2)
(7)
(7)
0
(7)
(7)
(7)
0
0
(6)
(6)
(6)
(6)
0
(213)
(213)
(213)
(213)
(214)
(214)
(214)
(214)
(258)
(258)
(431)
(431)
(391)
(391)
(435)
(435)
(217)
(217)
0
0
0
0
0
0
0
(154)
(154)
0
0
0
(3)
0
(684)
(857)
(430)
(402)
(154)
(495)
(1 437)
(1 577)
(2 100)
Other
(79)
(201)
(188)
(193)
(80)
(56)
1
11
0
32
53
46
0
88
8
64
0
53
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
2
2
0
0
0
0
0
0
0
0
0
0
0
0
0
(8)
(5)
3
0
0
0
0
(5)
0
0
Cash from Financing Activities
46
N/A
326
+609%
215
-34%
468
+118%
34
-93%
(345)
N/A
(103)
+70%
754
N/A
(217)
N/A
110
N/A
130
+18%
(635)
N/A
933
N/A
1 206
+29%
851
-29%
1 035
+22%
495
-52%
(390)
N/A
182
N/A
778
+327%
(1 785)
N/A
(1 423)
+20%
(1 034)
+27%
(1 973)
-91%
650
N/A
655
+1%
410
-37%
661
+61%
209
-68%
620
+197%
(513)
N/A
(645)
-26%
(210)
+67%
(305)
-45%
586
N/A
250
-57%
(87)
N/A
419
N/A
232
-45%
(9)
N/A
144
N/A
(465)
N/A
(462)
+1%
(382)
+17%
148
N/A
448
+203%
255
-43%
3 723
+1 360%
3 519
-5%
380
-89%
(256)
N/A
4 305
N/A
2 426
-44%
(4 299)
N/A
(2 577)
+40%
(1 151)
+55%
2 616
N/A
1 194
-54%
(4 875)
N/A
(5 435)
-11%
(3 243)
+40%
(2 215)
+32%
Change in Cash
Effect of Foreign Exchange Rates
(222)
(168)
(364)
(255)
(65)
(134)
9
113
151
182
185
63
(48)
(24)
(37)
42
61
48
(70)
211
217
200
322
8
3
24
0
(37)
(11)
13
7
(22)
(45)
(77)
(37)
16
26
5
(25)
(43)
(32)
(14)
(11)
(8)
(8)
(10)
8
(72)
(56)
25
35
(106)
(223)
46
133
56
90
(127)
(117)
(28)
(34)
(69)
Net Change in Cash
(335)
N/A
854
N/A
(2 654)
N/A
(2 632)
+1%
426
N/A
(2 496)
N/A
2 628
N/A
2 024
-23%
(1 127)
N/A
(337)
+70%
(2 213)
-557%
(999)
+55%
(157)
+84%
989
N/A
(1 291)
N/A
(382)
+70%
(79)
+79%
(385)
-387%
2 288
N/A
2 492
+9%
1 535
-38%
(92)
N/A
(838)
-811%
(2 359)
-182%
(1 180)
+50%
(322)
+73%
29
N/A
175
+503%
(77)
N/A
553
N/A
368
-33%
771
+110%
1 080
+40%
941
-13%
1 306
+39%
1 672
+28%
316
-81%
22
-93%
(188)
N/A
(1 091)
-480%
(260)
+76%
(10)
+96%
(952)
-9 420%
(1 310)
-38%
(762)
+42%
(794)
-4%
(611)
+23%
(540)
+12%
333
N/A
287
-14%
(138)
N/A
5 364
N/A
2 967
-45%
(3 538)
N/A
(1 277)
+64%
(371)
+71%
(745)
-101%
419
N/A
1 241
+196%
1 826
+47%
5 960
+226%
8 408
+41%
Free Cash Flow
Free Cash Flow
(1 265)
N/A
(2 028)
-60%
(1 831)
+10%
(2 321)
-27%
(1 916)
+17%
(2 036)
-6%
(2 172)
-7%
(1 554)
+28%
(1 046)
+33%
(614)
+41%
(64)
+90%
(144)
-125%
(978)
-579%
(2 047)
-109%
(2 404)
-17%
(3 170)
-32%
(2 238)
+29%
2 325
N/A
3 867
+66%
3 149
-19%
(802)
N/A
1 906
N/A
(764)
N/A
(1 462)
-91%
(1 770)
-21%
(2 094)
-18%
(910)
+57%
(676)
+26%
(765)
-13%
(301)
+61%
736
N/A
1 155
+57%
988
-14%
1 138
+15%
649
-43%
(28)
N/A
(934)
-3 236%
(1 866)
-100%
(1 932)
-4%
(1 087)
+44%
(393)
+64%
434
N/A
(391)
N/A
(866)
-121%
(830)
+4%
(1 153)
-39%
(857)
+26%
(687)
+20%
296
N/A
(357)
N/A
(144)
+60%
1 113
N/A
4 063
+265%
4 037
-1%
31 135
+671%
710
-98%
(30 382)
N/A
2 308
N/A
6 016
+161%
7 252
+21%
9 504
+31%
10 792
+14%

See Also

Summary
HAR intrinsic value, competitors valuation, and company profile.
DCF Valuation
HAR stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HAR stock valuation using valuation multiples.
Wall Street Estimates
HAR price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
HAR stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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