Balance Sheet Antofagasta plc

Equities

ANTO

GB0000456144

Specialty Mining & Metals

Market Closed - London S.E. Other stock markets 11:35:11 2026-02-06 am EST			5-day change	1st Jan Change
3,581.00 ^GBX	+1.30%		-1.84%	+9.21%

Feb. 06	RBC Adjusts Antofagasta Earnings Estimates Post-Q4 2025 Production Results	MT
Feb. 05	Another big M&A effort bites the dust

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Published financial data: ANTOFAGASTA PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	5.13B	7.47B	5.86B	6.32B	6.61B
Total Revenues	5.13B	7.47B	5.86B	6.32B	6.61B
Cost of Goods Sold, Total	2.86B	3.12B	3.43B	3.67B	4.11B
Gross Profit	2.27B	4.35B	2.43B	2.66B	2.5B
Selling General & Admin Expenses, Total	485M	550M	559M	618M	581M
Exploration / Drilling Costs, Total	85M	103M	113M	141M	52.7M
Other Operating Expenses	127M	270M	140M	132M	252M
Other Operating Expenses, Total	697M	924M	812M	891M	886M
Operating Income	1.58B	3.43B	1.62B	1.77B	1.62B
Interest Expense, Total	-77.2M	-63.5M	-78.7M	-106M	-312M
Interest And Investment Income	18.9M	5M	40.2M	138M	184M
Net Interest Expenses	-58.3M	-58.5M	-38.5M	32.4M	-128M
Income (Loss) On Equity Invest.	5.1M	59.7M	48.1M	-13.5M	76.2M
Currency Exchange Gains (Loss)	-28.4M	49.9M	-12.8M	12.5M	82.1M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	1.49B	3.48B	1.61B	1.8B	1.65B
Gain (Loss) On Sale Of Investments	-80.8M	-	945M	167M	51M
Asset Writedown	-	-	-	-	371M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	1.41B	3.48B	2.56B	1.97B	2.07B
Income Tax Expense	526M	1.24B	604M	666M	755M
Earnings From Continuing Operations	887M	2.23B	1.96B	1.3B	1.32B
Earnings Of Discontinued Operations	7.3M	-	-	-	-
Net Income to Company	894M	2.23B	1.96B	1.3B	1.32B
Minority Interest	-388M	-945M	-422M	-464M	-487M
Net Income - (IS)	506M	1.29B	1.53B	835M	829M
Net Income to Common Incl Extra Items	506M	1.29B	1.53B	835M	829M
Net Income to Common Excl. Extra Items	499M	1.29B	1.53B	835M	829M
Per Share Items
Net EPS - Basic	0.51	1.31	1.55	0.85	0.84
Basic EPS - Continuing Operations	0.51	1.31	1.55	0.85	0.84
Basic Weighted Average Shares Outstanding	986M	986M	986M	986M	986M
Net EPS - Diluted	0.51	1.31	1.55	0.85	0.84
Diluted EPS - Continuing Operations	0.51	1.31	1.55	0.85	0.84
Diluted Weighted Average Shares Outstanding	986M	986M	986M	986M	986M
Normalized Basic EPS	0.55	1.25	0.59	0.67	0.55
Normalized Diluted EPS	0.55	1.25	0.59	0.67	0.55
Dividend Per Share	0.55	1.42	0.6	0.36	0.31
Payout Ratio	25.91	55.1	82.39	73.44	38.28
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	2.54B	4.42B	2.76B	2.89B	3.02B
EBITA	1.58B	3.43B	1.62B	1.77B	1.62B
EBIT	1.58B	3.43B	1.62B	1.77B	1.62B
EBITDAR	-	-	2.78B	-	-
Effective Tax Rate - (Ratio)	37.26	35.73	23.59	33.89	36.46
Total Current Taxes	409M	786M	365M	478M	457M
Total Deferred Taxes	15.4M	208M	145M	76.6M	169M
Normalized Net Income	546M	1.23B	587M	660M	544M
Interest Capitalized	23.4M	16.6M	6.3M	16M	17.9M
Interest on Long-Term Debt	36.5M	22.2M	56.2M	123M	84.3M
Non-Cash Pension Expense	11.1M	-16M	5.3M	3.6M	-8.8M
Supplemental Operating Expense Items
Exploration/Drilling Costs	85M	103M	113M	141M	52.7M
Net Rental Expense, Total	-	-	25.1M	-	-
Imputed Operating Lease Interest Expense	-	-	5.29M	-	-
Imputed Operating Lease Depreciation	-	-	19.81M	-	-
Stock-Based Comp., Other (Total)	17.2M	9M	13.1M	12.6M	15M
Total Stock-Based Compensation	17.2M	9M	13.1M	12.6M	15M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.25B	743M	810M	645M	2.19B
Short Term Investments	2.43B	2.97B	1.58B	2.73B	2.13B
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	3.67B	3.71B	2.39B	3.38B	4.32B
Accounts Receivable, Total	833M	1.04B	997M	950M	700M
Other Receivables	234M	120M	1.13B	194M	217M
Total Receivables	1.07B	1.16B	2.12B	1.14B	917M
Inventory	593M	533M	708M	671M	925M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	1.1M	-	-	-	-
Total Current Assets	5.33B	5.41B	5.22B	5.19B	6.16B
Gross Property Plant And Equipment	18.67B	20.42B	22.69B	25.16B	25.61B
Accumulated Depreciation	-8.82B	-9.88B	-11.14B	-12.48B	-11.69B
Net Property Plant And Equipment	9.85B	10.54B	11.54B	12.68B	13.92B
Long-term Investments	926M	914M	995M	1.18B	1.79B
Other Intangibles, Total	150M	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	6.4M	96.8M	78.5M	72M	9.7M
Other Long-Term Assets, Total	337M	323M	399M	526M	762M
Total Assets	16.6B	17.28B	18.24B	19.65B	22.63B
Liabilities
Accounts Payable, Total	536M	580M	752M	788M	938M
Accrued Expenses, Total	-	-	-	-	74.5M
Current Portion of Long-Term Debt	529M	267M	377M	794M	1.23B
Current Portion of Leases	74.1M	69.9M	55.1M	108M	96.5M
Current Income Taxes Payable	154M	374M	60.4M	101M	106M
Other Current Liabilities	332M	283M	361M	399M	334M
Total Current Liabilities	1.63B	1.57B	1.61B	2.19B	2.78B
Long-Term Debt	3.02B	2.75B	2.77B	3.06B	4.56B
Long-Term Leases	134M	89.9M	76.6M	117M	63.2M
Pension & Other Post Retirement Benefits	123M	108M	137M	140M	152M
Deferred Tax Liability Non Current	1.11B	1.41B	1.54B	1.66B	1.69B
Other Non Current Liabilities	510M	320M	463M	436M	437M
Total Liabilities	6.52B	6.25B	6.59B	7.6B	9.68B
Common Stock, Total	89.8M	89.8M	89.8M	89.8M	89.8M
Additional Paid In Capital	199M	199M	199M	199M	199M
Retained Earnings	7.49B	8.07B	8.33B	8.56B	9.19B
Comprehensive Income and Other	-30.6M	-10.4M	5M	104M	-18.2M
Total Common Equity	7.75B	8.35B	8.63B	8.95B	9.46B
Minority Interest	2.33B	2.68B	3.02B	3.1B	3.49B
Total Equity	10.08B	11.03B	11.64B	12.05B	12.95B
Total Liabilities And Equity	16.6B	17.28B	18.24B	19.65B	22.63B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	986M	986M	986M	986M	986M
ECS Total Common Shares Outstanding	986M	986M	986M	986M	986M
Book Value / Share	7.86	8.47	8.75	9.08	9.6
Tangible Book Value	7.6B	8.35B	8.63B	8.95B	9.46B
Tangible Book Value Per Share	7.71	8.47	8.75	9.08	9.6
Total Debt	3.75B	3.17B	3.28B	4.08B	5.95B
Net Debt	82M	-540M	886M	703M	1.63B
Debt Equivalent of Unfunded Proj. Benefit Obligation	123M	108M	137M	140M	152M
Debt Equivalent Oper. Leases	-	-	201M	-	-
Minority Interest, Total (Incl. Fin. Div)	2.33B	2.68B	3.02B	3.1B	3.49B
Equity Method Investments, Total	915M	906M	905M	891M	1.78B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	178M	156M	221M	231M	267M
Inventories - Work In Process, Total	339M	316M	405M	375M	500M
Inventories - Finished Goods, Total	75.2M	60.7M	81.8M	64.6M	159M
Land - (BS)	61.9M	61.9M	61.9M	73.4M	55.8M
Buildings, Total	5.93B	5.8B	5.98B	5.96B	9.08B
Machinery, Total	7.47B	7.45B	7.45B	7.45B	9.17B
Full Time Employees	6.73K	6.88K	7.49K	7.75K	8.1K
Accumulated Allowance for Doubtful Accounts (Supple)	1.5M	1.2M	1M	1.2M	1.2M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	506M	1.29B	1.53B	835M	829M
Depreciation & Amortization - CF	1.05B	1.08B	1.14B	1.21B	1.57B
Depreciation & Amortization, Total	1.05B	1.08B	1.14B	1.21B	1.57B
(Gain) Loss From Sale Of Asset	6.3M	9.2M	2.1M	-	5.6M
(Gain) Loss on Sale of Investments - (CF)	80.8M	-	-945M	-167M	-422M
Asset Writedown & Restructuring Costs	-	178M	-	-	-
Provision for Credit Losses	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-5.1M	-59.7M	-48.1M	13.5M	-76.2M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	638M	1.33B	233M	407M	316M
Change In Accounts Receivable	-260M	-207M	27M	-57.9M	243M
Change In Inventories	-13.6M	10.9M	-181M	-31.6M	-166M
Change In Accounts Payable	31M	55.7M	141M	137M	-10.7M
Change in Other Net Operating Assets	26.4M	-19M	-26.5M	-14.5M	-800K
Cash from Operations	2.06B	3.67B	1.88B	2.33B	2.29B
Capital Expenditure	-1.31B	-1.78B	-1.88B	-2.13B	-2.41B
Sale of Property, Plant, and Equipment	800K	1.5M	200K	-	300K
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-894M	-577M	1.32B	-80.9M	148M
Other Investing Activities, Total	12.6M	150M	79.1M	117M	184M
Cash from Investing	-2.19B	-2.2B	-478M	-2.09B	-2.08B
Long-Term Debt Issued, Total	2.4B	149M	866M	1.06B	2.82B
Total Debt Issued	2.4B	149M	866M	1.06B	2.82B
Long-Term Debt Repaid, Total	-1.48B	-784M	-857M	-463M	-1.07B
Total Debt Repaid	-1.48B	-784M	-857M	-463M	-1.07B
Common Dividends Paid	-131M	-711M	-1.26B	-613M	-317M
Preferred Dividends Paid	-100K	-100K	-100K	-100K	-100K
Common & Preferred Stock Dividends Paid	-131M	-711M	-1.26B	-613M	-318M
Other Financing Activities, Total	-70M	-604M	-80M	-388M	-83.3M
Cash from Financing	717M	-1.95B	-1.33B	-402M	1.35B
Foreign Exchange Rate Adjustments	4.8M	-20.3M	1.4M	-3.7M	-5.6M
Net Change in Cash	593M	-503M	67M	-166M	1.54B
Supplemental Items
Cash Interest Paid	52.7M	60.7M	74.3M	166M	324M
Cash Income Tax Paid (Refund)	320M	777M	787M	528M	667M
Levered Free Cash Flow	644M	1.59B	-965M	1.26B	123M
Unlevered Free Cash Flow	692M	1.63B	-916M	1.33B	318M
Change In Net Working Capital	51.1M	-183M	1.2B	-1.13B	-138M
Net Debt Issued / Repaid	918M	-634M	9.2M	599M	1.75B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	6.31	12.64	5.69	5.83	4.78
Return on Total Capital	7.58	15.27	6.94	7.11	5.78
Return On Equity %	9.1	21.17	17.25	10.97	10.53
Return on Common Equity	6.6	16.03	18.06	9.5	9.01
Margin Analysis
Gross Profit Margin %	44.3	58.23	41.44	42.03	37.87
SG&A Margin	9.45	7.37	9.53	9.78	8.79
EBITDA Margin %	49.57	59.21	47.06	45.77	45.71
EBITA Margin %	30.72	45.86	27.59	27.94	24.47
EBIT Margin %	30.72	45.86	27.59	27.94	24.47
Income From Continuing Operations Margin %	17.28	29.92	33.36	20.55	19.9
Net Income Margin %	9.87	17.27	26.15	13.2	12.54
Net Avail. For Common Margin %	9.73	17.27	26.15	13.2	12.54
Normalized Net Income Margin	10.65	16.45	10.01	10.43	8.22
Levered Free Cash Flow Margin	12.55	21.34	-16.47	19.97	1.86
Unlevered Free Cash Flow Margin	13.49	21.88	-15.63	21.02	4.81
Asset Turnover
Asset Turnover	0.33	0.44	0.33	0.33	0.31
Fixed Assets Turnover	0.53	0.73	0.53	0.52	0.5
Receivables Turnover (Average Receivables)	7.31	7.98	5.76	6.5	8.02
Inventory Turnover (Average Inventory)	4.85	5.54	5.53	5.32	5.15
Short Term Liquidity
Current Ratio	3.28	3.43	3.25	2.37	2.22
Quick Ratio	2.92	3.1	2.81	2.06	1.89
Operating Cash Flow to Current Liabilities	1.27	2.33	1.17	1.07	0.82
Days Sales Outstanding (Average Receivables)	50.07	45.75	63.42	56.19	45.65
Days Outstanding Inventory (Average Inventory)	75.53	65.83	65.97	68.65	71.08
Average Days Payable Outstanding	67.11	66.55	67.32	77.42	72.4
Cash Conversion Cycle (Average Days)	58.49	45.03	62.07	47.42	44.33
Long Term Solvency
Total Debt/Equity	37.25	28.77	28.14	33.86	45.9
Total Debt / Total Capital	27.14	22.34	21.96	25.29	31.46
LT Debt/Equity	31.26	25.71	24.43	26.37	35.69
Long-Term Debt / Total Capital	22.78	19.97	19.06	19.7	24.46
Total Liabilities / Total Assets	39.29	36.17	36.15	38.68	42.77
EBIT / Interest Expense	20.41	53.95	20.55	16.72	5.18
EBITDA / Interest Expense	33.99	70.94	35.05	28.18	10.2
(EBITDA - Capex) / Interest Expense	17.06	42.95	11.17	8.03	2.47
Total Debt / EBITDA	1.43	0.7	1.19	1.37	1.87
Net Debt / EBITDA	0.03	-0.12	0.32	0.24	0.51
Total Debt / (EBITDA - Capex)	2.85	1.16	3.73	4.8	7.7
Net Debt / (EBITDA - Capex)	0.06	-0.2	1.01	0.83	2.11
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	3.32	45.64	-21.53	7.89	4.57
Gross Profit, 1 Yr. Growth %	13.57	91.42	-44.15	9.42	-5.78
EBITDA, 1 Yr. Growth %	16.3	73.97	-38.76	8.64	4.44
EBITA, 1 Yr. Growth %	16.44	117.45	-52.79	9.25	-8.4
EBIT, 1 Yr. Growth %	16.44	117.45	-52.79	9.25	-8.4
Earnings From Cont. Operations, 1 Yr. Growth %	5.16	152.06	-12.51	-33.54	1.28
Net Income, 1 Yr. Growth %	1	154.78	18.82	-45.53	-0.68
Normalized Net Income, 1 Yr. Growth %	8.9	124.94	-52.26	12.47	-17.56
Diluted EPS Before Extra, 1 Yr. Growth %	-0.46	158.51	18.82	-45.53	-0.68
Accounts Receivable, 1 Yr. Growth %	45.84	24.91	-4.12	-4.71	-26.37
Inventory, 1 Yr. Growth %	1.07	-10.11	32.9	-5.24	37.87
Net Property, Plant and Equip., 1 Yr. Growth %	3.09	6.97	9.54	9.83	9.77
Total Assets, 1 Yr. Growth %	13.65	4.06	5.56	7.72	15.21
Tangible Book Value, 1 Yr. Growth %	5.07	9.86	3.32	3.76	5.7
Common Equity, 1 Yr. Growth %	4.97	7.74	3.32	3.76	5.7
Cash From Operations, 1 Yr. Growth %	-1.54	78.27	-48.86	24.3	-2.04
Capital Expenditures, 1 Yr. Growth %	21.19	35.96	5.72	13.3	13.42
Levered Free Cash Flow, 1 Yr. Growth %	-26.97	147.65	-160.55	-230.86	-90.27
Unlevered Free Cash Flow, 1 Yr. Growth %	-27.23	136.12	-156.07	-245.09	-76.07
Dividend Per Share, 1 Yr. Growth %	207.3	160.51	-58.11	-39.7	-12.78
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.1	22.67	6.9	-7.99	6.22
Gross Profit, 2 Yr. CAGR %	8.64	47.44	3.39	-21.83	1.53
EBITDA, 2 Yr. CAGR %	10.22	42.25	4.16	-19.84	6.51
EBITA, 2 Yr. CAGR %	8.74	59.12	1.32	-28.18	0.03
EBIT, 2 Yr. CAGR %	8.74	59.12	1.32	-28.18	0.03
Earnings From Cont. Operations, 2 Yr. CAGR %	3.42	62.81	48.51	-23.75	-17.96
Net Income, 2 Yr. CAGR %	-3.49	60.41	73.99	-19.55	-26.45
Normalized Net Income, 2 Yr. CAGR %	10.62	56.51	3.63	-26.72	-3.71
Diluted EPS Before Extra, 2 Yr. CAGR %	0.68	60.41	75.26	-19.55	-26.45
Accounts Receivable, 2 Yr. CAGR %	32.33	34.97	9.43	-4.42	-16.24
Inventory, 2 Yr. CAGR %	1.41	-4.68	9.3	12.22	14.3
Net Property, Plant and Equip., 2 Yr. CAGR %	3.57	5.01	8.25	9.69	9.8
Total Assets, 2 Yr. CAGR %	8.51	8.75	4.8	6.63	11.4
Tangible Book Value, 2 Yr. CAGR %	2.68	7.44	6.54	3.54	4.73
Common Equity, 2 Yr. CAGR %	2.62	6.34	5.51	3.54	4.73
Cash From Operations, 2 Yr. CAGR %	25.32	32.49	-4.52	-20.27	10.34
Capital Expenditures, 2 Yr. CAGR %	22.38	28.36	19.89	9.45	13.36
Levered Free Cash Flow, 2 Yr. CAGR %	25.17	34.49	22.45	-10.99	-64.31
Unlevered Free Cash Flow, 2 Yr. CAGR %	19.84	31.08	15.06	-9.81	-41.07
Dividend Per Share, 2 Yr. CAGR %	11.75	182.94	4.47	-49.74	-27.48
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.6	16.43	5.7	7.23	-3.98
Gross Profit, 3 Yr. CAGR %	-1.71	31.22	6.68	5.36	-16.81
EBITDA, 3 Yr. CAGR %	1.79	28.33	8.06	4.42	-12.45
EBITA, 3 Yr. CAGR %	-4.86	37	6.13	3.9	-22.12
EBIT, 3 Yr. CAGR %	-4.86	37	6.13	3.9	-22.12
Earnings From Cont. Operations, 3 Yr. CAGR %	-9.53	39.18	32.37	13.59	-16.18
Net Income, 3 Yr. CAGR %	-12.29	33.38	45.14	18.14	-13.7
Normalized Net Income, 3 Yr. CAGR %	-7.81	40.15	5.36	6.5	-23.79
Diluted EPS Before Extra, 3 Yr. CAGR %	-12.7	37.86	45.14	18.72	-13.7
Accounts Receivable, 3 Yr. CAGR %	12.24	29.81	20.43	4.5	-12.38
Inventory, 3 Yr. CAGR %	7.02	-2.58	6.49	4.22	20.19
Net Property, Plant and Equip., 3 Yr. CAGR %	2.82	4.69	6.5	8.77	9.71
Total Assets, 3 Yr. CAGR %	5.33	7	7.67	5.77	9.42
Tangible Book Value, 3 Yr. CAGR %	1.97	5.02	6.05	5.61	4.26
Common Equity, 3 Yr. CAGR %	1.93	4.3	5.33	4.92	4.26
Cash From Operations, 3 Yr. CAGR %	-0.62	40.94	-3.53	4.26	-14.61
Capital Expenditures, 3 Yr. CAGR %	13.2	26.75	20.32	17.65	10.75
Levered Free Cash Flow, 3 Yr. CAGR %	-8.44	57.14	3.07	25.19	-57.43
Unlevered Free Cash Flow, 3 Yr. CAGR %	-8.25	50.24	-1.24	24.31	-42.04
Dividend Per Share, 3 Yr. CAGR %	2.43	48.18	49.69	-13.02	-39.6
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.72	15.58	4.3	5.97	5.9
Gross Profit, 5 Yr. CAGR %	20.98	23.42	0.3	6.66	4.59
EBITDA, 5 Yr. CAGR %	24.31	24.28	2.73	6.7	6.7
EBITA, 5 Yr. CAGR %	41.22	30.26	-2.43	5.81	3.65
EBIT, 5 Yr. CAGR %	41.22	30.26	-2.43	5.81	3.65
Earnings From Cont. Operations, 5 Yr. CAGR %	58.58	66.24	10.31	9.41	9.31
Net Income, 5 Yr. CAGR %	-3.6	52.19	15.35	8.96	10.59
Normalized Net Income, 5 Yr. CAGR %	56.13	24.73	-3.4	8.13	1.63
Diluted EPS Before Extra, 5 Yr. CAGR %	150.11	60.88	15.37	11.14	10.59
Accounts Receivable, 5 Yr. CAGR %	16.81	11.4	11.11	14.85	4.15
Inventory, 5 Yr. CAGR %	14.81	6.25	7.92	3.09	9.55
Net Property, Plant and Equip., 5 Yr. CAGR %	2.75	3.82	4.95	6.66	7.81
Total Assets, 5 Yr. CAGR %	4.17	4.72	5.12	6.86	9.15
Tangible Book Value, 5 Yr. CAGR %	3.19	4.61	3.78	4.42	5.52
Common Equity, 5 Yr. CAGR %	3.12	4.15	3.35	4	5.09
Cash From Operations, 5 Yr. CAGR %	39.29	26.38	-2.2	12.22	1.79
Capital Expenditures, 5 Yr. CAGR %	3.02	17.25	15.83	19.52	17.49
Levered Free Cash Flow, 5 Yr. CAGR %	4.65	56.64	2.85	25.18	-32.56
Unlevered Free Cash Flow, 5 Yr. CAGR %	7.06	48.95	0.45	22.5	-19.67
Dividend Per Share, 5 Yr. CAGR %	77.55	50.59	3.24	-3.85	12.02