Mountain Province Diamonds Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|
| Total Revenue | 388.9M | 308.7M |
| Operating Revenue | 388.9M | 308.7M |
| Cost Of Revenue | 218.3M | 195.0M |
| Gross Profit | 170.5M | 113.7M |
| Selling General And Administration | 16.9M | 13.6M |
| General And Administrative Expense | 11.0M | 8.4M |
| Depreciation And Amortization In Income Statement | 224,000 | 211,000 |
| Other Operating Expenses | 14.2M | 6.3M |
| Operating Expense | 31.4M | 20.1M |
| Operating Income | 139.2M | 93.6M |
| EBIT | 102.1M | 329.4M |
| Interest Expense | 31.7M | 32.5M |
| Interest Expense Non Operating | 31.7M | 32.5M |
| Interest Income | 3.2M | 202,000 |
| Interest Income Non Operating | 3.2M | 202,000 |
| Net Interest Income | -34.5M | -39.7M |
| Other Income Expense | -34.2M | 242.9M |
| Other Non Operating Income Expenses | 6.5M | 143,000 |
| Special Income Charges | -10.0M | 240.6M |
| Gain On Sale Of Security | -30.7M | 2.2M |
| Pretax Income | 70.4M | 296.9M |
| Tax Provision | 21.2M | 20.7M |
| Tax Effect Of Unusual Items | -12.3M | 16.9M |
| Net Income From Continuing And Discontinued Operation | 49.2M | 276.2M |
| Net Income From Continuing Operation Net Minority Interest | 49.2M | 276.2M |
| Net Income Including Noncontrolling Interests | 49.2M | 276.2M |
| Net Income Common Stockholders | 49.2M | 276.2M |
| Net Income | 49.2M | 276.2M |
| EBITDA | 159.2M | 368.8M |
| Normalized EBITDA | 200.0M | 126.0M |
| Reconciled Depreciation | 57.2M | 39.4M |
| Basic EPS | 0.23 | 1.31 |
| Diluted EPS | 0.23 | 1.31 |
| Basic Average Shares | 210.9M | 210.5M |
| Diluted Average Shares | 212.7M | 212.0M |
| Total Unusual Items | -40.7M | 242.8M |
| Total Unusual Items Excluding Goodwill | -40.7M | 242.8M |
| Tax Rate For Calcs | 0.30 | 0.07 |
| Normalized Income | 77.6M | 50.3M |
| Average Dilution Earnings | 731,000 | 534,000 |
| Depreciation Amortization Depletion Income Statement | 224,000 | 211,000 |
| Depreciation Income Statement | 224,000 | 211,000 |
| Diluted NI Availto Com Stockholders | 49.9M | 276.7M |
| Impairment Of Capital Assets | 0.00 | -240.6M |
| Net Income Continuous Operations | 49.2M | 276.2M |
| Net Non Operating Interest Income Expense | -34.5M | -39.7M |
| Other Gand A | 8.3M | 7.0M |
| Other Special Charges | 10.0M | -- |
| Reconciled Cost Of Revenue | 161.4M | 155.8M |
| Salaries And Wages | 2.7M | 1.4M |
| Selling And Marketing Expense | 5.9M | 5.3M |
| Total Expenses | 249.7M | 215.1M |
| Total Operating Income As Reported | 141.0M | 334.9M |
| Total Other Finance Cost | 6.1M | 7.3M |
| Line Item | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|
| Cash And Cash Equivalents | 17.2M | 25.0M |
| Cash Cash Equivalents And Short Term Investments | 17.2M | 25.0M |
| Cash Financial | 17.2M | 25.0M |
| Receivables | 912,000 | 877,000 |
| Inventory | 160.8M | 109.8M |
| Prepaid Assets | -- | 820,000 |
| Other Current Assets | 345,000 | 1.1M |
| Current Assets | 181.5M | 137.6M |
| Gross PPE | 1.2B | 1.1B |
| Accumulated Depreciation | -509.2M | -426.6M |
| Net PPE | 686.1M | 714.5M |
| Other Non Current Assets | 31.0M | 25.4M |
| Total Non Current Assets | 717.0M | 739.9M |
| Total Assets | 898.5M | 877.5M |
| Current Debt | -- | 375.5M |
| Current Debt And Capital Lease Obligation | 317,000 | 375.7M |
| Accounts Payable | 43.6M | 36.9M |
| Payables | 43.6M | 36.9M |
| Payables And Accrued Expenses | 43.6M | 36.9M |
| Other Current Liabilities | 7.2M | -- |
| Current Liabilities | 52.2M | 413.3M |
| Long Term Debt | 317.0M | -- |
| Long Term Debt And Capital Lease Obligation | 317.1M | 336,000 |
| Long Term Capital Lease Obligation | 119,000 | 336,000 |
| Total Non Current Liabilities Net Minority Interest | 439.1M | 113.4M |
| Total Liabilities Net Minority Interest | 491.4M | 526.8M |
| Common Stock | 637.9M | 631.7M |
| Capital Stock | 637.9M | 631.7M |
| Retained Earnings | -240.6M | -289.8M |
| Gains Losses Not Affecting Retained Earnings | 1.3M | 1.3M |
| Common Stock Equity | 407.2M | 350.7M |
| Stockholders Equity | 407.2M | 350.7M |
| Total Equity Gross Minority Interest | 407.2M | 350.7M |
| Total Capitalization | 724.1M | 350.7M |
| Net Tangible Assets | 407.2M | 350.7M |
| Tangible Book Value | 407.2M | 350.7M |
| Working Capital | 129.3M | -275.7M |
| Invested Capital | 724.1M | 726.3M |
| Total Debt | 317.4M | 376.0M |
| Net Debt | 299.7M | 350.5M |
| Share Issued | 211.5M | 210.7M |
| Ordinary Shares Number | 211.5M | 210.7M |
| Capital Lease Obligations | 436,000 | 519,000 |
| Construction In Progress | 10.3M | 10.2M |
| Current Capital Lease Obligation | 317,000 | 183,000 |
| Current Provisions | 1.1M | 721,000 |
| Financial Assets | -- | 0.00 |
| Finished Goods | 56.7M | 44.3M |
| Hedging Assets Current | 2.2M | 775,000 |
| Line Of Credit | -- | 0.00 |
| Long Term Provisions | 80.1M | 92.4M |
| Non Current Deferred Liabilities | 41.9M | 20.7M |
| Non Current Deferred Taxes Liabilities | 41.9M | 20.7M |
| Non Current Prepaid Assets | -- | 250,000 |
| Other Current Borrowings | -- | 375.5M |
| Other Equity Interest | 8.6M | 7.5M |
| Other Properties | 1.0B | 961.5M |
| Other Receivables | 90,000 | 155,000 |
| Raw Materials | 104.0M | 65.6M |
| Taxes Receivable | 822,000 | 722,000 |
| Line Item | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|
| Operating Cash Flow | 172.6M | 112.6M |
| Cash Flow From Continuing Operating Activities | 172.6M | 112.6M |
| Depreciation Amortization Depletion | 57.2M | 39.4M |
| Stock Based Compensation | 1.9M | 868,000 |
| Deferred Tax | 21.2M | 20.7M |
| Deferred Income Tax | 21.2M | 20.7M |
| Change In Working Capital | -27.7M | -21.4M |
| Change In Receivables | -35,000 | -79,000 |
| Change In Inventory | -33.9M | -18.4M |
| Change In Payables And Accrued Expense | 5.8M | -4.1M |
| Other Non Cash Items | 45.7M | 39.6M |
| Capital Expenditure | -60.4M | -43.8M |
| Purchase Of PPE | -60.4M | -43.8M |
| Net PPE Purchase And Sale | -60.4M | -43.8M |
| Investing Cash Flow | -64.6M | -53.7M |
| Cash Flow From Continuing Investing Activities | -64.6M | -53.7M |
| Issuance Of Debt | 329.0M | 37.5M |
| Repayment Of Debt | -409.7M | -70.8M |
| Net Issuance Payments Of Debt | -80.8M | -33.3M |
| Financing Cash Flow | -115.5M | -69.8M |
| Cash Flow From Continuing Financing Activities | -115.5M | -69.8M |
| Effect Of Exchange Rate Changes | -249,000 | 807,000 |
| Changes In Cash | -7.5M | -11.0M |
| Beginning Cash Position | 25.0M | 35.2M |
| End Cash Position | 17.2M | 25.0M |
| Free Cash Flow | 112.2M | 68.8M |
| Cash Dividends Paid | 0.00 | 0.00 |
| Change In Prepaid Assets | 476,000 | 1.2M |
| Gain Loss On Investment Securities | -3.0M | 67,000 |
| Gain Loss On Sale Of PPE | 0.00 | -240.6M |
| Interest Paid Cff | -30.9M | -36.5M |
| Interest Received Cfi | 1.4M | 202,000 |
| Long Term Debt Issuance | 322.6M | 37.5M |
| Long Term Debt Payments | -403.4M | -39.3M |
| Net Foreign Currency Exchange Gain Loss | 28.2M | -2.3M |
| Net Income From Continuing Operations | 49.2M | 276.2M |
| Net Long Term Debt Issuance | -80.8M | -1.8M |
| Net Other Financing Charges | -3.8M | -36.5M |
| Net Other Investing Changes | -5.6M | -10.1M |
| Net Short Term Debt Issuance | 81,000 | -31.5M |
| Operating Gains Losses | 25.1M | -242.8M |
| Short Term Debt Issuance | 6.4M | 0.00 |
| Short Term Debt Payments | -6.3M | -31.5M |