Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

ANTO Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

Free Cash Flow = Operating Cash Flow - Capital Expenditures

Using above formula to calculate Free Cash Flow for Antofagasta plc (ANTO), the free cash flow value is 1.8926B.

All amounts in USD

Operating Cash
3.67B
Capital Expenditure
-1.78B
Free Cash Flow
1.8926B

Antofagasta plc has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

ANTO Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Antofagasta plc (LSE:ANTO).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income1.29B506.4M501.4M543.7M
Depreciation1.08B1.05B914.3M760.5M
Change To Netincome1.46B719.7M407.3M248.4M
Change To Account Receivables-206.8M-259.9M211.5M-151.5M
Change To Liabilities55.7M31M88M-7M
Change To Inventory10.9M-13.6M-7.6M-81.7M
Change To Operating Activities-19M26.4M-24.1M-1.6M
Total Cash From Operating Activities3.67B2.06B2.09B1.31B
Capital Expenditures-1.78B-1.31B-1.08B-872.9M
Investments-577.2M-893.5M-678.3M297.4M
Other Cashflows From Investing Activities149.9M12.6M99M29.8M
Total Cashflows From Investing Activities-2.2B-2.19B-1.66B-399.8M
Dividends Paid-710.9M-131.2M-470.4M-467M
Net Borrowings-634.5M918.3M60.8M-347.1M
Other Cashflows From Financing Activities-604.5M-70M-400M-120M
Total Cash From Financing Activities-1.95B717.1M-809.6M-934.1M
Effect Of Exchange Rate-20.3M4.8M-5.7M-26.1M
Change In Cash-503.4M593.1M-380.7M-49.2M