Balance Sheet Centerra Gold Inc.

Equities

CG

CA1520061021

Gold

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-12-04 pm EST			5-day change	1st Jan Change
8.530 ^CAD	-1.84%		+1.55%	+7.84%

Nov. 27	NevGold Corp. Receives Positive Record of Decision on Its Plan of Operations Permit At the Limousine Butte Project, Nevada	CI
Nov. 19	Viscount Mining Corp. and Centerra Gold Inc. Commences Drilling At Cherry Creek, Nevada	CI

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Published financial data: CENTERRA GOLD INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	1.38B	1.69B	900M	850M	1.09B
Total Revenues	1.38B	1.69B	900M	850M	1.09B
Cost of Goods Sold, Total	705M	620M	516M	608M	734M
Gross Profit	670M	1.07B	384M	243M	361M
Selling General & Admin Expenses, Total	45.26M	45.67M	27.13M	47.25M	44.88M
Exploration / Drilling Costs, Total	45.96M	47.44M	26.08M	66.52M	74.82M
Depreciation & Amortization - (IS)	240M	305M	121M	97.05M	125M
Impairment of Oil, Gas & Mineral Properties - (IS)	44.98M	-	-34.23M	48.95M	34.1M
Other Operating Expenses	180M	219M	37.73M	-71.74M	72.92M
Other Operating Expenses, Total	556M	618M	177M	188M	352M
Operating Income	115M	451M	207M	54.54M	8.88M
Interest Expense, Total	-7.69M	-6M	-770K	-679K	-657K
Interest And Investment Income	-	-	-	9.42M	19.53M
Net Interest Expenses	-7.69M	-6M	-770K	8.74M	18.87M
Currency Exchange Gains (Loss)	-511K	2.2M	-	4.93M	-1.82M
Other Non Operating Income (Expenses)	-11.4M	-28.15M	788K	-6.31M	-9.71M
EBT, Excl. Unusual Items	94.94M	419M	207M	61.91M	16.22M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-16.07M	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	97.27M	-	-1.08M
Gain (Loss) On Sale Of Assets	-	-	900K	1.4M	-1.51M
Asset Writedown	-169M	-	126M	-96.95M	-
Insurance Settlements	-	-	-	-	-
Legal Settlements	-	-	-27.55M	-15.04M	-
Other Unusual Items	-10M	-3.01M	-	4.25M	-
EBT, Incl. Unusual Items	-101M	416M	403M	-44.43M	13.63M
Income Tax Expense	-7.07M	7.71M	-44.02M	32.78M	94.91M
Earnings From Continuing Operations	-93.51M	409M	447M	-77.21M	-81.28M
Earnings Of Discontinued Operations	-	-	-829M	-	-
Net Income to Company	-93.51M	409M	-382M	-77.21M	-81.28M
Net Income - (IS)	-93.51M	409M	-382M	-77.21M	-81.28M
Net Income to Common Incl Extra Items	-93.51M	409M	-382M	-77.21M	-81.28M
Net Income to Common Excl. Extra Items	-93.51M	409M	447M	-77.21M	-81.28M
Per Share Items
Net EPS - Basic	-0.32	1.39	-1.29	-0.29	-0.37
Basic EPS - Continuing Operations	-0.32	1.39	1.51	-0.29	-0.37
Basic Weighted Average Shares Outstanding	293M	295M	297M	265M	217M
Net EPS - Diluted	-0.32	1.37	-1.3	-0.31	-0.38
Diluted EPS - Continuing Operations	-0.32	1.37	1.48	-0.31	-0.38
Diluted Weighted Average Shares Outstanding	294M	297M	298M	266M	218M
Normalized Basic EPS	0.2	0.89	0.44	0.15	0.05
Normalized Diluted EPS	0.2	0.88	0.43	0.15	0.05
Dividend Per Share	-	0.14	0.19	0.21	0.21
Payout Ratio	-	9.73	-11.8	-61.74	-55.25
Supplemental Items
EBITDA	403M	777M	300M	213M	175M
EBITA	119M	454M	208M	60.16M	17.84M
EBIT	115M	451M	207M	54.54M	8.88M
EBITDAR	404M	804M	334M	241M	216M
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	7.03	1.85	-10.92	-73.76	696.14
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	3.72M	6.23M	40.09M	37.07M	85.67M
Deferred Foreign Taxes	-	-	-	-	-
Total Deferred Taxes	-10.79M	1.48M	-84.1M	-4.29M	9.24M
Normalized Net Income	59.34M	262M	129M	38.69M	10.14M
Interest on Long-Term Debt	1.94M	2.39M	715K	679K	657K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	45.26M	45.67M	27.13M	47.25M	44.88M
Exploration/Drilling Costs	45.96M	47.44M	26.08M	66.52M	74.82M
Net Rental Expense, Total	236K	26.71M	33.67M	28.67M	41.28M
Imputed Operating Lease Interest Expense	103K	22.99M	10.61M	9.12M	11.36M
Imputed Operating Lease Depreciation	133K	3.72M	23.07M	19.56M	29.91M
Maintenance & Repair Expenses, Total	28.53M	29.12M	28.72M	33.01M	28.41M
Stock-Based Comp., G&A Exp. (Total)	18.77M	18.47M	1.3M	913K	9.23M
Stock-Based Comp., Other (Total)	1M	1.88M	593K	-	765K
Total Stock-Based Compensation	19.77M	20.35M	1.89M	913K	10M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	42.72M	545M	947M	532M	613M
Short Term Investments	-	3.48M	2.17M	830K	2.83M
Total Cash And Short Term Investments	42.72M	549M	949M	533M	616M
Accounts Receivable, Total	68.13M	44.59M	61.28M	82.33M	64.9M
Other Receivables	10.89M	21.52M	15.56M	34.83M	5.87M
Total Receivables	79.02M	66.11M	76.84M	117M	70.76M
Inventory	787M	589M	225M	318M	261M
Prepaid Expenses	7.73M	8.93M	6.87M	7.21M	6M
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	16.59M	161M	12.93M	15.06M	12.56M
Total Current Assets	933M	1.37B	1.27B	991M	966M
Gross Property Plant And Equipment	3.19B	3.48B	1.72B	1.82B	1.92B
Accumulated Depreciation	-1.52B	-1.79B	-449M	-545M	-685M
Net Property Plant And Equipment	1.67B	1.69B	1.27B	1.27B	1.24B
Goodwill	-	-	-	-	-
Deferred Tax Assets Long-Term	-	-	101M	61.9M	57.9M
Other Long-Term Assets, Total	99.47M	77.1M	32.08M	10.56M	19.33M
Total Assets	2.7B	3.14B	2.68B	2.34B	2.28B
Liabilities
Accounts Payable, Total	204M	205M	131M	165M	132M
Accrued Expenses, Total	26.71M	33.26M	42.71M	34.46M	64.78M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	4.3M	4.58M	6.14M	5.24M	6.11M
Current Income Taxes Payable	1.03M	2.47M	25.25M	1.89M	40.95M
Unearned Revenue Current, Total	-	-	-	12.28M	9.54M
Other Current Liabilities	8.39M	13M	22.02M	56M	44.34M
Total Current Liabilities	245M	258M	227M	275M	297M
Long-Term Debt	70.01M	-	-	-	-
Long-Term Leases	18.34M	14.34M	14.05M	8.73M	18.1M
Pension & Other Post Retirement Benefits	3.88M	4.06M	4.38M	862K	1.24M
Deferred Tax Liability Non Current	33.73M	39.47M	54.86M	8.72M	16.81M
Other Non Current Liabilities	265M	354M	332M	232M	273M
Total Liabilities	636M	670M	633M	526M	607M
Common Stock, Total	960M	975M	984M	886M	862M
Additional Paid In Capital	26.28M	30.6M	30.81M	29.56M	33.87M
Retained Earnings	1.08B	1.45B	1.02B	898M	771M
Comprehensive Income and Other	-752K	11.6M	6.83M	-3.32M	7.45M
Total Common Equity	2.07B	2.47B	2.04B	1.81B	1.67B
Total Equity	2.07B	2.47B	2.04B	1.81B	1.67B
Total Liabilities And Equity	2.7B	3.14B	2.68B	2.34B	2.28B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	294M	296M	297M	218M	216M
ECS Total Common Shares Outstanding	294M	296M	297M	218M	215M
Book Value / Share	7.03	8.34	6.88	8.29	7.77
Tangible Book Value	2.07B	2.47B	2.04B	1.81B	1.67B
Tangible Book Value Per Share	7.03	8.34	6.88	8.29	7.77
Total Debt	92.65M	18.92M	20.2M	13.98M	24.21M
Net Debt	49.93M	-530M	-929M	-519M	-592M
Debt Equivalent Oper. Leases	1.89M	214M	269M	229M	330M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	428M	239M	30.14M	46.06M	8.1M
Inventories - Work In Process, Total	58.6M	19.45M	25.42M	76.38M	45.37M
Inventories - Finished Goods, Total	78.49M	114M	99.82M	120M	98.63M
Inventories - Others	233M	237M	74.24M	84.75M	115M
Buildings, Total	1.11B	2.01B	1.19B	1.14B	1.19B
Machinery, Total	552M	-	-	-	-
Full Time Employees	3.65K	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-93.51M	409M	-382M	-77.21M	-81.28M
Depreciation & Amortization - CF	246M	315M	126M	103M	130M
Amortization of Goodwill and Intangible Assets - (CF)	4.38M	3.25M	1.63M	5.62M	8.97M
Impairment of Oil, Gas & Mineral Properties - (CF)	44.98M	7.39M	-34.23M	48.95M	34.1M
Depreciation & Amortization, Total	295M	326M	93.77M	158M	173M
Amortization of Deferred Charges, Total - (CF)	755K	1.47M	-	-	-
(Gain) Loss From Sale Of Asset	-	3.16M	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-6.08M	-97.27M	-	-
Asset Writedown & Restructuring Costs	186M	-	-126M	96.95M	-
Stock-Based Compensation (CF)	19.77M	20.35M	1.36M	770K	10M
Net Cash From Discontinued Operations	-	-	144M	-	-
Other Operating Activities, Total	-9.18M	99.63M	793M	-116M	101M
Change In Accounts Receivable	-35.84M	46.69M	-6.52M	-13.65M	6.77M
Change In Inventories	-67.91M	53.07M	-21.4M	-76.4M	40.23M
Change In Accounts Payable	40.25M	-5.83M	15.06M	30.96M	-8.58M
Change In Income Taxes	-	-	-	-	-2.35M
Change in Other Net Operating Assets	-815K	-16.57M	90K	-4.94M	7.17M
Cash from Operations	334M	930M	415M	-1.98M	246M
Capital Expenditure	-299M	-326M	-92.5M	-80.93M	-85.31M
Sale of Property, Plant, and Equipment	723K	-	11.87M	2.02M	1.52M
Cash Acquisitions	-	-	-	-177M	-31.5M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	210M	-	25M
Other Investing Activities, Total	-10.93M	22.86M	-93.23M	-	-
Cash from Investing	-310M	-303M	36.43M	-256M	-90.29M
Long-Term Debt Issued, Total	303M	250M	-	-	-
Total Debt Issued	303M	250M	-	-	-
Long-Term Debt Repaid, Total	-435M	-334M	-6.48M	-6.76M	-6.8M
Total Debt Repaid	-435M	-334M	-6.48M	-6.76M	-6.8M
Issuance of Common Stock	7.95M	7.79M	5.04M	3.48M	2.06M
Repurchase of Common Stock	-	-	-	-104M	-20.42M
Common Dividends Paid	-	-39.76M	-45.04M	-47.67M	-44.91M
Common & Preferred Stock Dividends Paid	-	-39.76M	-45.04M	-47.67M	-44.91M
Other Financing Activities, Total	-9.29M	-8.52M	-2.65M	-2.26M	-4.21M
Cash from Financing	-133M	-124M	-49.14M	-158M	-74.28M
Miscellaneous Cash Flow Adjustments	-	-188K	-	-	-
Net Change in Cash	-109M	502M	402M	-415M	81.02M
Supplemental Items
Cash Interest Paid	9.29M	8.52M	2.65M	2.26M	4.21M
Cash Income Tax Paid (Refund)	4.09M	-18.49M	17.18M	55.63M	44.2M
Levered Free Cash Flow	-133M	376M	602M	23.82M	232M
Unlevered Free Cash Flow	-129M	378M	603M	24.24M	232M
Change In Net Working Capital	216M	-76.74M	-470M	87.82M	-129M
Net Debt Issued / Repaid	-132M	-83.51M	-6.48M	-6.76M	-6.8M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	2.59	9.66	4.44	1.36	0.24
Return on Total Capital	3.18	12.15	5.68	1.75	0.32
Return On Equity %	-4.44	18.03	19.82	-4.01	-4.66
Return on Common Equity	-4.44	18.03	19.82	-4.01	-4.66
Margin Analysis
Gross Profit Margin %	48.73	63.3	42.63	28.53	32.93
SG&A Margin	3.29	2.7	3.01	5.56	4.1
EBITDA Margin %	29.33	46	33.36	25	15.97
EBITA Margin %	8.65	26.91	23.12	7.08	1.63
EBIT Margin %	8.33	26.72	22.94	6.42	0.81
Income From Continuing Operations Margin %	-6.8	24.19	49.65	-9.08	-7.42
Net Income Margin %	-6.8	24.19	-42.41	-9.08	-7.42
Net Avail. For Common Margin %	-6.8	24.19	49.65	-9.08	-7.42
Normalized Net Income Margin	4.31	15.52	14.34	4.55	0.93
Levered Free Cash Flow Margin	-9.64	22.28	66.9	2.8	21.19
Unlevered Free Cash Flow Margin	-9.35	22.41	66.95	2.85	21.22
Asset Turnover
Asset Turnover	0.5	0.58	0.31	0.34	0.47
Fixed Assets Turnover	0.77	1.01	0.61	0.67	0.87
Receivables Turnover (Average Receivables)	23.56	29.99	17	11.84	14.87
Inventory Turnover (Average Inventory)	1.02	0.9	1.27	2.24	2.53
Short Term Liquidity
Current Ratio	3.81	5.32	5.59	3.6	3.25
Quick Ratio	0.5	2.38	4.51	2.36	2.31
Operating Cash Flow to Current Liabilities	1.36	3.61	1.82	-0.01	0.83
Days Sales Outstanding (Average Receivables)	15.49	12.2	21.46	30.83	24.54
Days Outstanding Inventory (Average Inventory)	356.51	406.07	287.54	163.25	143.99
Average Days Payable Outstanding	74.8	177.45	350.51	77.11	80
Cash Conversion Cycle (Average Days)	297.21	240.83	-41.5	116.97	88.53
Long Term Solvency
Total Debt/Equity	4.48	0.77	0.99	0.77	1.45
Total Debt / Total Capital	4.29	0.76	0.98	0.77	1.43
LT Debt/Equity	4.28	0.58	0.69	0.48	1.08
Long-Term Debt / Total Capital	4.09	0.58	0.68	0.48	1.07
Total Liabilities / Total Assets	23.53	21.36	23.65	22.5	26.59
EBIT / Interest Expense