China Gold International Resources Corp. Ltd.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 756.6M | 459.4M | 1.1B | 1.1B |
| Operating Revenue | 756.6M | 459.4M | 1.1B | 1.1B |
| Cost Of Revenue | 576.7M | 386.7M | 717.9M | 737.9M |
| Gross Profit | 180.0M | 72.7M | 387.0M | 399.5M |
| Selling General And Administration | 40.6M | 31.3M | 44.3M | 39.3M |
| General And Administrative Expense | 40.6M | 31.3M | 44.3M | 39.3M |
| Research And Development | 15.7M | 8.7M | 25.4M | 26.4M |
| Depreciation And Amortization In Income Statement | -- | -- | -- | 4.7M |
| Other Operating Expenses | 3.2M | 4.5M | 5.8M | 6.4M |
| Operating Expense | 59.6M | 46.4M | 75.5M | 72.2M |
| Operating Income | 120.4M | 26.3M | 311.5M | 327.3M |
| EBIT | 112.8M | 2.5M | 300.7M | 342.3M |
| Interest Expense | 19.6M | 21.2M | 25.4M | 30.6M |
| Interest Expense Non Operating | 19.6M | 21.2M | 25.4M | 30.6M |
| Interest Income | 5.1M | 7.0M | 9.1M | 6.4M |
| Interest Income Non Operating | 5.1M | 7.0M | 9.1M | 6.4M |
| Net Interest Income | -14.5M | -14.2M | -16.3M | -24.2M |
| Other Income Expense | -12.7M | -30.8M | -19.9M | 8.6M |
| Other Non Operating Income Expenses | -8.7M | -24.8M | -- | -- |
| Special Income Charges | -1.4M | -23.0M | -- | -- |
| Write Off | 0.00 | 1.9M | -- | -- |
| Gain On Sale Of Security | -2.6M | -7.9M | -19.9M | 8.6M |
| Pretax Income | 93.2M | -18.7M | 275.3M | 311.6M |
| Tax Provision | 27.9M | 4.3M | 49.9M | 43.0M |
| Tax Effect Of Unusual Items | -1.2M | -7.7M | -3.6M | 1.2M |
| Net Income From Continuing And Discontinued Operation | 62.7M | -25.5M | 222.7M | 267.4M |
| Net Income From Continuing Operation Net Minority Interest | 62.7M | -25.5M | 222.7M | 267.4M |
| Net Income Including Noncontrolling Interests | 65.3M | -23.0M | 225.4M | 268.7M |
| Minority Interests | -2.6M | -2.5M | -2.7M | -1.3M |
| Net Income Common Stockholders | 62.7M | -25.5M | 222.7M | 267.4M |
| Net Income | 62.7M | -25.5M | 222.7M | 267.4M |
| EBITDA | 258.8M | 124.2M | 508.7M | 518.1M |
| Normalized EBITDA | 262.7M | 155.0M | 528.6M | 509.5M |
| Reconciled Depreciation | 146.0M | 121.7M | 208.0M | 175.8M |
| Basic EPS | 0.16 | -0.06 | 0.56 | 0.67 |
| Diluted EPS | 0.16 | -0.06 | 0.56 | 0.67 |
| Basic Average Shares | 396.4M | 396.4M | 396.4M | 396.4M |
| Diluted Average Shares | 396.4M | 396.4M | 396.4M | 396.4M |
| Total Unusual Items | -4.0M | -30.8M | -19.9M | 8.6M |
| Total Unusual Items Excluding Goodwill | -4.0M | -30.8M | -19.9M | 8.6M |
| Tax Rate For Calcs | 0.30 | 0.25 | 0.18 | 0.14 |
| Normalized Income | 65.5M | -2.4M | 239.1M | 260.0M |
| Depreciation Amortization Depletion Income Statement | -- | -- | -- | 4.7M |
| Depreciation Income Statement | -- | -- | -- | 4.7M |
| Diluted NI Availto Com Stockholders | 62.7M | -25.5M | 222.7M | 267.4M |
| Net Income Continuous Operations | 65.3M | -23.0M | 225.4M | 268.7M |
| Net Non Operating Interest Income Expense | -14.5M | -14.2M | -16.3M | -24.2M |
| Other Gand A | 22.4M | 16.8M | 28.2M | 24.1M |
| Other Special Charges | 1.4M | 23.0M | -- | -- |
| Provision For Doubtful Accounts | 0.00 | 1.9M | -- | -- |
| Reconciled Cost Of Revenue | 576.7M | 386.7M | 717.9M | 737.9M |
| Salaries And Wages | 18.2M | 14.5M | 16.1M | 15.2M |
| Total Expenses | 636.3M | 433.1M | 793.4M | 810.1M |
| Total Operating Income As Reported | 123.2M | 32.0M | 316.9M | 333.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 183.8M | 97.2M | 428.5M | 208.1M |
| Cash Cash Equivalents And Short Term Investments | 302.0M | 97.2M | 428.5M | 208.1M |
| Other Short Term Investments | 118.2M | 0.00 | -- | -- |
| Accounts Receivable | 2.3M | 1.4M | 1.0M | 1.1M |
| Receivables | 7.4M | 19.4M | 8.7M | 25.9M |
| Inventory | 290.4M | 291.6M | 293.1M | 299.6M |
| Prepaid Assets | 1.5M | 339,000 | 810,000 | 1.3M |
| Current Assets | 668.0M | 476.2M | 732.6M | 541.4M |
| Gross PPE | 3.7B | 3.7B | 3.7B | 3.8B |
| Accumulated Depreciation | -1.5B | -1.4B | -1.3B | -1.1B |
| Net PPE | 2.2B | 2.3B | 2.4B | 2.7B |
| Investments And Advances | 48.4M | 47.2M | 37.3M | 29.0M |
| Other Non Current Assets | 15.6M | 15.8M | 18.0M | 19.6M |
| Total Non Current Assets | 2.3B | 2.4B | 2.5B | 2.7B |
| Total Assets | 2.9B | 2.8B | 3.2B | 3.3B |
| Current Debt | 148.7M | 143.5M | 399.6M | 97.6M |
| Current Debt And Capital Lease Obligation | 149.2M | 144.1M | 400.1M | 98.1M |
| Accounts Payable | 175.1M | 18.9M | 38.8M | 43.3M |
| Payables | 175.1M | 156.4M | 214.9M | 215.0M |
| Payables And Accrued Expenses | 175.1M | 158.2M | 218.1M | 222.0M |
| Current Accrued Expenses | -- | 1.9M | 3.2M | 7.0M |
| Current Deferred Revenue | 8.1M | 71,000 | 6.3M | 10.3M |
| Current Liabilities | 341.0M | 305.4M | 638.6M | 343.7M |
| Long Term Debt | 593.5M | 622.9M | 433.5M | 873.0M |
| Long Term Debt And Capital Lease Obligation | 593.9M | 623.9M | 435.0M | 875.1M |
| Long Term Capital Lease Obligation | 459,000 | 937,000 | 1.5M | 2.2M |
| Other Non Current Liabilities | 32.8M | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 808.7M | 801.5M | 652.8M | 1.1B |
| Total Liabilities Net Minority Interest | 1.1B | 1.1B | 1.3B | 1.4B |
| Common Stock | 1.2B | 1.2B | 1.2B | 1.2B |
| Capital Stock | 1.2B | 1.2B | 1.2B | 1.2B |
| Retained Earnings | 433.6M | 380.4M | 571.2M | 482.2M |
| Gains Losses Not Affecting Retained Earnings | 99.7M | 97.4M | 83.7M | 104.7M |
| Other Equity Adjustments | -- | -- | 130.8M | 87.7M |
| Common Stock Equity | 1.8B | 1.7B | 1.9B | 1.8B |
| Stockholders Equity | 1.8B | 1.7B | 1.9B | 1.8B |
| Total Equity Gross Minority Interest | 1.8B | 1.7B | 1.9B | 1.8B |
| Minority Interest | 23.8M | 20.9M | 19.5M | 17.5M |
| Total Capitalization | 2.4B | 2.3B | 2.3B | 2.7B |
| Net Tangible Assets | 1.8B | 1.7B | 1.9B | 1.8B |
| Tangible Book Value | 1.8B | 1.7B | 1.9B | 1.8B |
| Working Capital | 327.0M | 170.8M | 94.0M | 197.8M |
| Invested Capital | 2.5B | 2.5B | 2.7B | 2.8B |
| Total Debt | 743.1M | 767.9M | 835.1M | 973.3M |
| Net Debt | 558.4M | 669.2M | 404.6M | 762.4M |
| Share Issued | 396.4M | 396.4M | 396.4M | 396.4M |
| Ordinary Shares Number | 396.4M | 396.4M | 396.4M | 396.4M |
| Allowance For Doubtful Accounts Receivable | -180,000 | -105,000 | -106,000 | -163,000 |
| Available For Sale Securities | 48.4M | 47.2M | 37.3M | 29.0M |
| Buildings And Improvements | 624.0M | 516.4M | 651.5M | 708.0M |
| Capital Lease Obligations | 928,000 | 1.5M | 2.0M | 2.7M |
| Construction In Progress | 44.6M | 126.5M | 6.6M | 2.0M |
| Current Capital Lease Obligation | 469,000 | 540,000 | 516,000 | 533,000 |
| Current Deferred Liabilities | 16.7M | 3.1M | 20.5M | 23.6M |
| Current Deferred Taxes Liabilities | 8.7M | 3.0M | 14.2M | 13.3M |
| Duefrom Related Parties Current | 1.6M | 654,000 | 965,000 | 1.9M |
| Finished Goods | 32.4M | 25.4M | 27.7M | 27.9M |
| Foreign Currency Translation Adjustments | -- | -- | -47.1M | 16.9M |
| Gross Accounts Receivable | 2.5M | 1.5M | 1.1M | 1.3M |
| Investmentin Financial Assets | 48.4M | 47.2M | 37.3M | 29.0M |
| Land And Improvements | 45.0M | 38.3M | 40.4M | 22.9M |
| Leases | 98,000 | 98,000 | 98,000 | 98,000 |
| Long Term Provisions | 69.9M | 75.9M | 92.3M | 85.1M |
| Machinery Furniture Equipment | 340.3M | 339.0M | 336.5M | 351.7M |
| Non Current Deferred Assets | -- | -- | 0.00 | 4.8M |
| Non Current Deferred Liabilities | 112.0M | 101.7M | 125.6M | 119.7M |
| Non Current Deferred Revenue | 19,000 | 19,000 | 186,000 | 1.1M |
| Non Current Deferred Taxes Assets | -- | -- | 0.00 | 4.8M |
| Non Current Deferred Taxes Liabilities | 112.0M | 101.7M | 125.4M | 118.6M |
| Non Current Prepaid Assets | 6.0M | 0.00 | 735,000 | 1.2M |
| Other Current Borrowings | 148.7M | 143.5M | 399.6M | 97.6M |
| Other Payable | -- | 136.0M | 160.8M | 166.3M |
| Other Properties | 228.3M | 228.8M | 229.4M | 230.0M |
| Other Receivables | 3.5M | 15.1M | 6.7M | 22.9M |
| Raw Materials | 35.4M | 44.4M | 43.6M | 42.7M |
| Restricted Cash | 66.7M | 67.7M | 1.6M | 6.4M |
| Taxes Receivable | 0.00 | 2.3M | 0.00 | -- |
| Total Tax Payable | -- | 1.5M | 15.3M | 5.4M |
| Work In Process | 222.6M | 221.7M | 221.8M | 229.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 306.9M | 1.6M | 447.3M | 417.3M |
| Cash Flow From Continuing Operating Activities | 306.9M | 1.6M | 447.3M | 417.3M |
| Depreciation And Amortization | 146.0M | 121.7M | 208.0M | 175.8M |
| Depreciation Amortization Depletion | 146.0M | 121.7M | 208.0M | 175.8M |
| Change In Working Capital | 83.1M | -54.1M | 2.4M | -15.4M |
| Changes In Account Receivables | -- | -- | -- | -4.6M |
| Change In Receivables | 7.3M | -10.1M | 12.9M | -4.6M |
| Change In Inventory | 226,000 | 820,000 | 2.8M | -631,000 |
| Change In Payables And Accrued Expense | 68.4M | -39.2M | -10.7M | -19.8M |
| Change In Other Working Capital | 8.0M | -6.0M | -3.0M | 7.5M |
| Other Non Cash Items | 11.4M | 9.9M | 3.2M | 30.4M |
| Capital Expenditure | -84.6M | -61.5M | -45.6M | -154.1M |
| Purchase Of PPE | -84.6M | -61.5M | -45.6M | -154.1M |
| Net PPE Purchase And Sale | -84.6M | -61.4M | -45.6M | -154.1M |
| Purchase Of Business | -- | -- | -- | -88,000 |
| Purchase Of Investment | -133.4M | 0.00 | 0.00 | -88,000 |
| Sale Of Investment | 14.0M | 0.00 | -- | -- |
| Net Investment Purchase And Sale | -119.4M | 0.00 | 0.00 | -88,000 |
| Investing Cash Flow | -204.9M | -121.3M | -33.3M | -150.7M |
| Cash Flow From Continuing Investing Activities | -204.9M | -121.3M | -33.3M | -150.7M |
| Issuance Of Debt | 142.6M | 344.7M | 0.00 | -- |
| Repayment Of Debt | -157.6M | -402.1M | -85.5M | -258.7M |
| Net Issuance Payments Of Debt | -14.9M | -57.5M | -85.5M | -258.7M |
| Common Stock Dividend Paid | 0.00 | -146.7M | -99.1M | -48.4M |
| Financing Cash Flow | -16.2M | -205.2M | -185.3M | -307.5M |
| Cash Flow From Continuing Financing Activities | -16.2M | -205.2M | -185.3M | -307.5M |
| Effect Of Exchange Rate Changes | 692,000 | -6.3M | -8.3M | 5.8M |
| Changes In Cash | 85.8M | -325.0M | 228.6M | -41.0M |
| Beginning Cash Position | 97.2M | 428.5M | 208.1M | 243.3M |
| End Cash Position | 183.8M | 97.2M | 428.5M | 208.1M |
| Free Cash Flow | 222.3M | -59.9M | 401.7M | 263.2M |
| Amortization Cash Flow | 19.9M | 10.4M | 41.4M | 37.4M |
| Amortization Of Intangibles | 19.9M | 10.4M | 41.4M | 37.4M |
| Asset Impairment Charge | 291,000 | 1.8M | 453,000 | 0.00 |
| Cash Dividends Paid | 0.00 | -146.7M | -99.1M | -48.4M |
| Change In Prepaid Assets | -824,000 | 383,000 | 318,000 | 2.1M |
| Depreciation | 126.1M | 111.3M | 166.6M | 138.4M |
| Dividends Received Cfi | 2.1M | 2.0M | 2.7M | 1.0M |
| Gain Loss On Investment Securities | -2.1M | -2.0M | -2.7M | -1.0M |
| Gain Loss On Sale Of PPE | 620,000 | -23,000 | 0.00 | 168,000 |
| Interest Paid Cfo | -19.5M | -21.0M | -24.1M | -30.9M |
| Interest Received Cfi | 3.1M | 4.5M | 4.7M | 3.7M |
| Long Term Debt Issuance | 142.6M | 344.7M | 0.00 | -- |
| Long Term Debt Payments | -157.6M | -402.1M | -85.5M | -258.7M |
| Net Business Purchase And Sale | -- | -- | -- | -88,000 |
| Net Foreign Currency Exchange Gain Loss | 1.4M | 3.8M | 19.7M | -11.9M |
| Net Income From Continuing Operations | 93.2M | -18.7M | 275.3M | 311.6M |
| Net Long Term Debt Issuance | -14.9M | -57.5M | -85.5M | -258.7M |
| Net Other Financing Charges | -1.2M | -1.1M | -700,000 | -413,000 |
| Net Other Investing Changes | -6.1M | -66.4M | 4.9M | -1.2M |
| Operating Gains Losses | -72,000 | 1.8M | 17.0M | -12.7M |
| Provisionand Write Offof Assets | 2.1M | 1.7M | 1.7M | 44,000 |
| Sale Of PPE | 0.00 | 66,000 | 0.00 | -- |
| Taxes Refund Paid | -9.5M | -41.5M | -36.6M | -41.6M |