First Majestic Silver Corp
NYSE:AG
Cash Flow Statement
Cash Flow Statement
First Majestic Silver Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
(38)
|
(59)
|
(51)
|
(78)
|
(61)
|
(69)
|
(79)
|
(70)
|
(108)
|
(115)
|
(106)
|
(96)
|
9
|
19
|
14
|
5
|
(53)
|
(62)
|
(103)
|
(96)
|
(204)
|
(196)
|
(168)
|
(165)
|
(41)
|
(76)
|
(74)
|
(52)
|
23
|
57
|
83
|
34
|
(5)
|
0
|
(99)
|
(101)
|
(114)
|
(222)
|
(156)
|
(162)
|
(135)
|
|
Depreciation & Amortization |
44
|
49
|
54
|
57
|
61
|
65
|
68
|
70
|
76
|
79
|
81
|
84
|
80
|
80
|
79
|
77
|
78
|
78
|
82
|
88
|
95
|
93
|
87
|
77
|
67
|
64
|
55
|
58
|
56
|
58
|
79
|
91
|
118
|
133
|
139
|
145
|
137
|
141
|
140
|
132
|
126
|
|
Other Non-Cash Items |
132
|
127
|
100
|
95
|
75
|
70
|
75
|
63
|
92
|
104
|
100
|
113
|
18
|
10
|
10
|
5
|
56
|
54
|
88
|
77
|
171
|
173
|
154
|
176
|
82
|
120
|
93
|
85
|
28
|
0
|
21
|
(2)
|
15
|
(17)
|
61
|
133
|
89
|
190
|
101
|
89
|
108
|
|
Cash Taxes Paid |
7
|
8
|
12
|
13
|
14
|
14
|
8
|
6
|
4
|
3
|
3
|
5
|
5
|
9
|
8
|
6
|
6
|
1
|
5
|
6
|
7
|
8
|
7
|
6
|
6
|
6
|
5
|
6
|
5
|
14
|
57
|
72
|
77
|
94
|
76
|
66
|
63
|
51
|
26
|
24
|
25
|
|
Cash Interest Paid |
3
|
3
|
4
|
5
|
5
|
6
|
5
|
4
|
4
|
7
|
7
|
7
|
7
|
3
|
3
|
3
|
3
|
3
|
3
|
5
|
5
|
6
|
6
|
6
|
6
|
5
|
5
|
5
|
4
|
4
|
4
|
4
|
4
|
3
|
3
|
2
|
3
|
4
|
6
|
8
|
8
|
|
Change in Working Capital |
(3)
|
(9)
|
8
|
4
|
19
|
14
|
10
|
17
|
(4)
|
5
|
(9)
|
(20)
|
(7)
|
(13)
|
(5)
|
2
|
(11)
|
(8)
|
(15)
|
(33)
|
(28)
|
(14)
|
(8)
|
18
|
31
|
11
|
(1)
|
(4)
|
(28)
|
(40)
|
(94)
|
(100)
|
(60)
|
(74)
|
(60)
|
(59)
|
(98)
|
(81)
|
(19)
|
(37)
|
(38)
|
|
Cash from Operating Activities |
134
N/A
|
109
-19%
|
110
+1%
|
78
-30%
|
93
+20%
|
81
-14%
|
74
-8%
|
80
+8%
|
56
-30%
|
72
+28%
|
66
-9%
|
81
+24%
|
100
+23%
|
96
-4%
|
99
+3%
|
87
-11%
|
71
-19%
|
62
-11%
|
52
-17%
|
37
-29%
|
33
-9%
|
56
+68%
|
65
+16%
|
105
+62%
|
140
+33%
|
119
-15%
|
73
-39%
|
88
+20%
|
80
-9%
|
75
-6%
|
89
+19%
|
22
-75%
|
69
+211%
|
42
-38%
|
41
-3%
|
118
+189%
|
14
-88%
|
28
+104%
|
66
+136%
|
21
-68%
|
61
+190%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(179)
|
(161)
|
(138)
|
(117)
|
(104)
|
(91)
|
(83)
|
(70)
|
(57)
|
(54)
|
(50)
|
(52)
|
(63)
|
(70)
|
(72)
|
(79)
|
(76)
|
(81)
|
(90)
|
(102)
|
(111)
|
(118)
|
(119)
|
(115)
|
(119)
|
(120)
|
(110)
|
(113)
|
(115)
|
(127)
|
(152)
|
(165)
|
(189)
|
(183)
|
(209)
|
(220)
|
(218)
|
(229)
|
(199)
|
(176)
|
(146)
|
|
Other Items |
(10)
|
(4)
|
0
|
(2)
|
(2)
|
(4)
|
(1)
|
1
|
28
|
30
|
27
|
24
|
(4)
|
(4)
|
(3)
|
(0)
|
(0)
|
(1)
|
(3)
|
(3)
|
(6)
|
(4)
|
(3)
|
(2)
|
2
|
(1)
|
(2)
|
(4)
|
(13)
|
(13)
|
17
|
3
|
8
|
9
|
(19)
|
(1)
|
4
|
2
|
2
|
0
|
(8)
|
|
Cash from Investing Activities |
(189)
N/A
|
(165)
+13%
|
(138)
+17%
|
(119)
+13%
|
(106)
+11%
|
(94)
+11%
|
(84)
+11%
|
(70)
+17%
|
(29)
+59%
|
(25)
+14%
|
(23)
+8%
|
(29)
-24%
|
(67)
-134%
|
(74)
-11%
|
(76)
-2%
|
(80)
-5%
|
(76)
+5%
|
(83)
-9%
|
(94)
-13%
|
(105)
-13%
|
(117)
-11%
|
(122)
-5%
|
(122)
+0%
|
(116)
+5%
|
(117)
-1%
|
(121)
-4%
|
(112)
+8%
|
(117)
-5%
|
(127)
-9%
|
(140)
-10%
|
(134)
+4%
|
(162)
-21%
|
(181)
-11%
|
(174)
+4%
|
(228)
-31%
|
(221)
+3%
|
(214)
+3%
|
(226)
-6%
|
(197)
+13%
|
(175)
+11%
|
(154)
+12%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
(1)
|
(1)
|
(1)
|
1
|
1
|
(0)
|
23
|
23
|
23
|
25
|
51
|
65
|
65
|
66
|
17
|
6
|
6
|
3
|
3
|
2
|
3
|
37
|
53
|
68
|
99
|
79
|
63
|
167
|
138
|
129
|
186
|
84
|
88
|
99
|
60
|
42
|
117
|
117
|
177
|
177
|
94
|
|
Net Issuance of Debt |
1
|
(8)
|
(10)
|
(16)
|
(26)
|
(28)
|
(35)
|
(36)
|
(35)
|
(25)
|
(18)
|
(16)
|
(13)
|
(19)
|
(19)
|
(14)
|
(12)
|
141
|
24
|
25
|
27
|
(121)
|
(4)
|
(3)
|
(5)
|
(16)
|
(17)
|
(17)
|
(18)
|
(7)
|
(8)
|
21
|
32
|
30
|
29
|
28
|
7
|
6
|
6
|
(24)
|
(15)
|
|
Cash Paid for Dividends |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(4)
|
0
|
(6)
|
(6)
|
(7)
|
(8)
|
(6)
|
(6)
|
(6)
|
|
Other |
(3)
|
(3)
|
26
|
25
|
25
|
24
|
(5)
|
(4)
|
(4)
|
(7)
|
(7)
|
(7)
|
(7)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(6)
|
(8)
|
(8)
|
|
Cash from Financing Activities |
(2)
N/A
|
(11)
-571%
|
15
N/A
|
10
-36%
|
(1)
N/A
|
(4)
-258%
|
(17)
-302%
|
(17)
-1%
|
(16)
+9%
|
(8)
+53%
|
26
N/A
|
42
+60%
|
45
+7%
|
43
-3%
|
(5)
N/A
|
(12)
-153%
|
(9)
+27%
|
141
N/A
|
25
-82%
|
22
-10%
|
25
+14%
|
(90)
N/A
|
43
N/A
|
59
+37%
|
88
+49%
|
58
-34%
|
41
-28%
|
145
+250%
|
117
-20%
|
118
+1%
|
173
+47%
|
98
-43%
|
112
+14%
|
123
+10%
|
80
-35%
|
61
-23%
|
114
+85%
|
110
-3%
|
170
+54%
|
139
-19%
|
65
-53%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(0)
|
2
|
2
|
(0)
|
1
|
1
|
2
|
3
|
1
|
(1)
|
(2)
|
(3)
|
(1)
|
(0)
|
(1)
|
1
|
(2)
|
(2)
|
(2)
|
0
|
4
|
5
|
2
|
(0)
|
0
|
(2)
|
(3)
|
(0)
|
0
|
3
|
5
|
3
|
|
Net Change in Cash |
(57)
N/A
|
(68)
-20%
|
(12)
+82%
|
(33)
-168%
|
(15)
+56%
|
(19)
-32%
|
(29)
-52%
|
(9)
+70%
|
11
N/A
|
39
+269%
|
70
+80%
|
96
+37%
|
78
-19%
|
66
-16%
|
19
-72%
|
(2)
N/A
|
(11)
-541%
|
122
N/A
|
(18)
N/A
|
(49)
-176%
|
(61)
-26%
|
(158)
-158%
|
(15)
+91%
|
46
N/A
|
112
+141%
|
54
-52%
|
1
-99%
|
114
+18 850%
|
70
-39%
|
57
-19%
|
132
+133%
|
(40)
N/A
|
(1)
+98%
|
(9)
-1 262%
|
(109)
-1 132%
|
(44)
+60%
|
(86)
-97%
|
(88)
-2%
|
43
N/A
|
(10)
N/A
|
(26)
-147%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
(44)
N/A
|
(52)
-18%
|
(27)
+48%
|
(39)
-43%
|
(11)
+72%
|
(10)
+6%
|
(9)
+14%
|
10
N/A
|
(1)
N/A
|
18
N/A
|
15
-14%
|
29
+91%
|
38
+29%
|
26
-31%
|
26
+1%
|
8
-69%
|
(5)
N/A
|
(19)
-280%
|
(39)
-104%
|
(66)
-70%
|
(78)
-19%
|
(62)
+20%
|
(54)
+14%
|
(10)
+82%
|
21
N/A
|
(1)
N/A
|
(37)
-3 282%
|
(25)
+33%
|
(35)
-39%
|
(52)
-49%
|
(62)
-21%
|
(143)
-129%
|
(120)
+16%
|
(141)
-17%
|
(168)
-20%
|
(102)
+40%
|
(204)
-101%
|
(201)
+2%
|
(132)
+34%
|
(155)
-17%
|
(85)
+45%
|