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