40-F Filing

TRIPLE FLAG PRECIOUS METALS CORP. CIK: 1829726 FY 2022

Filing Information

Form Type	40-F
Accession Number	`0001104659-23-039251`
Period End Date	20221231
Filing Date	20230330
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	tfpm-20221231x40f_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 39 Cash Flow Statement 58 Stockholders Equity 18 Comprehensive Income 10

Balance Sheet 49 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalents`	$40.67M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	$20.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	$71.10M	USD	Point-in-time
Amounts receivable and prepayments	`TradeAndOtherCurrentReceivables`	$9.60M	USD	Point-in-time
Amounts receivable and prepayments	`TradeAndOtherCurrentReceivables`	$7.02M	USD	Point-in-time
Other financial assets	`OtherCurrentFinancialAssets`	$13.67M	USD	Point-in-time
Other financial assets	`OtherCurrentFinancialAssets`	$9.91M	USD	Point-in-time
Loans receivable	`CurrentLoansAndReceivables`	$9.69M	USD	Point-in-time
Inventory	`Inventories`	$1.37M	USD	Point-in-time
Current assets	`CurrentAssets`	$72.43M	USD	Point-in-time
Current assets	`CurrentAssets`	$90.61M	USD	Point-in-time
Mineral interests	`AssetsArisingFromExplorationForAndEvaluationOfMineralResources`	$1.23B	USD	Point-in-time
Mineral interests	`AssetsArisingFromExplorationForAndEvaluationOfMineralResources`	$1.23B	USD	Point-in-time
Loans receivable	`NoncurrentLoansAndReceivables`	$11.10M	USD	Point-in-time
Other assets	`OtherNoncurrentAssets`	$4.55M	USD	Point-in-time
Other assets	`OtherNoncurrentAssets`	$3.15M	USD	Point-in-time
Deferred income tax	`DeferredTaxAssets`	$2.60M	USD	Point-in-time
Deferred income tax	`DeferredTaxAssets`	$2.61M	USD	Point-in-time
Non-current assets	`NoncurrentAssets`	$1.23B	USD	Point-in-time
Non-current assets	`NoncurrentAssets`	$1.25B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.34B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.30B	USD	Point-in-time
Amounts payable and other liabilities	`TradeAndOtherCurrentPayables`	$11.32M	USD	Point-in-time
Amounts payable and other liabilities	`TradeAndOtherCurrentPayables`	$3.87M	USD	Point-in-time
Lease obligation - current	`CurrentLeaseLiabilities`	$270.00K	USD	Point-in-time
Lease obligation - current	`CurrentLeaseLiabilities`	$277.00K	USD	Point-in-time
Income tax payable	`CurrentTaxLiabilitiesCurrent`	$334.00K	USD	Point-in-time
Income tax payable	`CurrentTaxLiabilitiesCurrent`	$989.00K	USD	Point-in-time
Current liabilities	`CurrentLiabilities`	$12.59M	USD	Point-in-time
Current liabilities	`CurrentLiabilities`	$4.47M	USD	Point-in-time
Lease obligation - non current	`NoncurrentLeaseLiabilities`	$857.00K	USD	Point-in-time
Lease obligation - non current	`NoncurrentLeaseLiabilities`	$1.64M	USD	Point-in-time
Deferred income tax	`DeferredTaxLiabilities`	$1.49M	USD	Point-in-time
Deferred income tax	`DeferredTaxLiabilities`	$2.43M	USD	Point-in-time
Other non-current liabilities	`OtherNoncurrentLiabilities`	$2.84M	USD	Point-in-time
Other non-current liabilities	`OtherNoncurrentLiabilities`	$1.03M	USD	Point-in-time
Non-current liabilities	`NoncurrentLiabilities`	$4.32M	USD	Point-in-time
Non-current liabilities	`NoncurrentLiabilities`	$5.97M	USD	Point-in-time
Share capital	`IssuedCapital`	$1.25B	USD	Point-in-time
Share capital	`IssuedCapital`	$1.25B	USD	Point-in-time
Retained earnings	`RetainedEarnings`	$63.67M	USD	Point-in-time
Retained earnings	`RetainedEarnings`	$40.30M	USD	Point-in-time
Other	`OtherReserves`	$4.62M	USD	Point-in-time
Other	`OtherReserves`	$1.31M	USD	Point-in-time
Shareholders' equity	`Equity`	$1.32B	USD	Point-in-time
Shareholders' equity	`Equity`	$1.29B	USD	Point-in-time
Shareholders' equity	`Equity`	$1.02B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`EquityAndLiabilities`	$1.30B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`EquityAndLiabilities`	$1.34B	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenue`	$151.88M	USD	Annual
Revenue	`Revenue`	$150.42M	USD	Annual
Cost of sales excluding depletion	`IfrsCostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$13.50M	USD	Annual
Cost of sales excluding depletion	`IfrsCostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$14.80M	USD	Annual
Depletion	`IfrsCostDepletion`	$53.67M	USD	Annual
Depletion	`IfrsCostDepletion`	$50.09M	USD	Annual
Gross profit	`GrossProfit`	$87.00M	USD	Annual
Gross profit	`GrossProfit`	$83.25M	USD	Annual
General administration costs	`GeneralAndAdministrativeExpense`	$15.52M	USD	Annual
General administration costs	`GeneralAndAdministrativeExpense`	$12.21M	USD	Annual
Business development costs	`ResearchAndDevelopmentExpense`	$771.00K	USD	Annual
Business development costs	`ResearchAndDevelopmentExpense`	$2.98M	USD	Annual
Impairment charges	`ImpairmentLoss`	$3.60M	USD	Annual
Sustainability initiatives	`SustainabilityInitiatives`	$805.00K	USD	Annual
Sustainability initiatives	`SustainabilityInitiatives`	$855.00K	USD	Annual
IPO readiness costs	`IpoReadinessCosts`	$670.00K	USD	Annual
Operating income	`ProfitLossFromOperatingActivities`	$68.74M	USD	Annual
Operating income	`ProfitLossFromOperatingActivities`	$64.11M	USD	Annual
Gain on disposition of mineral interests	`GainOnDispositionOfMineralInterests`	$2.10M	USD	Annual
Decrease in fair value of other financial assets	`GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss`	$-10.79M	USD	Annual
Decrease in fair value of other financial assets	`GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss`	$-4.07M	USD	Annual
Finance costs, net	`FinanceCosts`	$5.67M	USD	Annual
Finance costs, net	`FinanceCosts`	$1.41M	USD	Annual
Other expense	`OtherExpenseByFunction`	$500.00K	USD	Annual
Loss on derivatives	`LossesOnChangeInFairValueOfDerivatives`	$297.00K	USD	Annual
Foreign currency translation loss	`GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss`	$-25.00K	USD	Annual
Foreign currency translation loss	`GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss`	$-352.00K	USD	Annual
Other (expenses) income	`OtherNonOperatingIncomeExpenses`	$-4.23M	USD	Annual
Other (expenses) income	`OtherNonOperatingIncomeExpenses`	$-16.78M	USD	Annual
Earnings before income taxes	`ProfitLossBeforeTax`	$51.96M	USD	Annual
Earnings before income taxes	`ProfitLossBeforeTax`	$59.88M	USD	Annual
Income tax expense	`IncomeTaxExpenseContinuingOperations`	$4.79M	USD	Annual
Income tax expense	`IncomeTaxExpenseContinuingOperations`	$6.44M	USD	Annual
Net earnings	`ProfitLoss`	$45.53M	USD	Annual
Net earnings	`ProfitLoss`	$55.09M	USD	Annual
Earnings per share - Basic	`BasicEarningsLossPerShare`	$0.35	USD	Annual
Earnings per share - Basic	`BasicEarningsLossPerShare`	$0.31	USD	Annual
Earnings per share - Diluted	`DilutedEarningsLossPerShare`	$0.35	USD	Annual
Earnings per share - Diluted	`DilutedEarningsLossPerShare`	$0.31	USD	Annual

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$45.53M	USD	Annual
Net earnings	`ProfitLoss`	$55.09M	USD	Annual
Depletion of mineral interests	`AdjustmentsForDepletionOfMineralInterests`	$53.67M	USD	Annual
Depletion of mineral interests	`AdjustmentsForDepletionOfMineralInterests`	$50.09M	USD	Annual
Non-cash cost of sales related to prepaid gold interest	`AdjustmentsForNonCashCostOfSalesRelatedToPrepaidGoldInterest`	$836.00K	USD	Annual
Amortization	`AdjustmentsForAmortisationExpense`	$399.00K	USD	Annual
Amortization	`AdjustmentsForAmortisationExpense`	$374.00K	USD	Annual
Impairment charges	`AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss`	$3.60M	USD	Annual
Gain on disposition of mineral interests	`AdjustmentsForGainLossOnDispositionOfMineralInterests`	$2.10M	USD	Annual
Decrease in fair value of other financial assets	`AdjustmentsForFairValueGainsLosses`	$10.79M	USD	Annual
Decrease in fair value of other financial assets	`AdjustmentsForFairValueGainsLosses`	$4.07M	USD	Annual
Stock option expense	`AdjustmentsForSharebasedPayments`	$3.30M	USD	Annual
Stock option expense	`AdjustmentsForSharebasedPayments`	$1.31M	USD	Annual
Income tax expense	`AdjustmentsForIncomeTaxExpense`	$4.79M	USD	Annual
Income tax expense	`AdjustmentsForIncomeTaxExpense`	$6.44M	USD	Annual
Finance and other costs	`AdjustmentsForFinanceAndOtherCosts`	$3.77M	USD	Annual
Finance and other costs	`AdjustmentsForFinanceAndOtherCosts`	$6.41M	USD	Annual
Operating cash flow before working capital and taxes	`CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital`	$123.81M	USD	Annual
Operating cash flow before working capital and taxes	`CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital`	$124.54M	USD	Annual
Income taxes paid	`IncomeTaxesPaidClassifiedAsOperatingActivities`	$5.03M	USD	Annual
Income taxes paid	`IncomeTaxesPaidClassifiedAsOperatingActivities`	$5.30M	USD	Annual
Change in working capital	`IncreaseDecreaseInWorkingCapital`	$400.00K	USD	Annual
Change in working capital	`IncreaseDecreaseInWorkingCapital`	$-775.00K	USD	Annual
Operating cash flow	`CashFlowsFromUsedInOperatingActivities`	$120.02M	USD	Annual
Operating cash flow	`CashFlowsFromUsedInOperatingActivities`	$118.38M	USD	Annual
Acquisition of mineral interests	`PurchaseOfExplorationAndEvaluationAssets`	$51.26M	USD	Annual
Acquisition of mineral interests	`PurchaseOfExplorationAndEvaluationAssets`	$52.28M	USD	Annual
Proceeds on disposition of mineral interests	`ProceedsFromDisposalOfExplorationAndEvaluationAssets`	$4.50M	USD	Annual
Proceeds on sale of investments	`ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod`	$6.26M	USD	Annual
Proceeds on sale of investments	`ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod`	$3.44M	USD	Annual
Acquisition of investments	`PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod`	$322.00K	USD	Annual
Acquisition of investments	`PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod`	$2.59M	USD	Annual
Acquisition of prepaid gold interest	`AcquisitionOfPrepaidGoldInterest`	$4.80M	USD	Annual
Net cash used in investing activities	`CashFlowsFromUsedInInvestingActivities`	$-48.92M	USD	Annual
Net cash used in investing activities	`CashFlowsFromUsedInInvestingActivities`	$-48.15M	USD	Annual
Proceeds from long-term debt	`ProceedsFromNoncurrentBorrowings`	$44.00M	USD	Annual
Repayments of long-term debt	`RepaymentsOfNoncurrentBorrowings`	$319.00M	USD	Annual
Proceeds from share issuance	`ProceedsFromIssuingShares`	$245.12M	USD	Annual
Normal course issuer bid purchase of common shares	`PaymentsToAcquireOrRedeemEntitysShares`	$4.13M	USD	Annual
Normal course issuer bid purchase of common shares	`PaymentsToAcquireOrRedeemEntitysShares`	$1.68M	USD	Annual
Dividends paid	`DividendsPaidClassifiedAsFinancingActivities`	$30.41M	USD	Annual
Dividends paid	`DividendsPaidClassifiedAsFinancingActivities`	$14.84M	USD	Annual
Repayments and interest on lease obligation	`PaymentsOfLeaseLiabilitiesIncludingInterestClassifiedAsFinancingActivities`	$339.00K	USD	Annual
Repayments and interest on lease obligation	`PaymentsOfLeaseLiabilitiesIncludingInterestClassifiedAsFinancingActivities`	$359.00K	USD	Annual
Payments of interest and other financing fees	`PaymentsOfInterestAndOtherFinancingFees`	$5.09M	USD	Annual
Payments of interest and other financing fees	`PaymentsOfInterestAndOtherFinancingFees`	$2.01M	USD	Annual
Debt issue costs and other	`PaymentsForDebtIssueCosts`	$1.84M	USD	Annual
Net cash used in financing activities	`CashFlowsFromUsedInFinancingActivities`	$-51.84M	USD	Annual
Net cash used in financing activities	`CashFlowsFromUsedInFinancingActivities`	$-38.75M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	$-284.00K	USD	Annual
Increase in cash and cash equivalents during the period	`IncreaseDecreaseInCashAndCashEquivalents`	$30.43M	USD	Annual
Increase in cash and cash equivalents during the period	`IncreaseDecreaseInCashAndCashEquivalents`	$20.04M	USD	Annual
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalents`	$40.67M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalents`	$20.64M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalents`	$71.10M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalents`	$40.67M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalents`	$20.64M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalents`	$71.10M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning	`Equity`	$1.32B	USD	Point-in-time
Balance at beginning	`Equity`	$1.29B	USD	Point-in-time
Balance at beginning	`Equity`	$1.02B	USD	Point-in-time
Balance at beginning (in shares)	`NumberOfSharesOutstanding`	155.69M	shares	Point-in-time
Issuance of shares	`IssueOfEquity`	$245.12M	USD	Annual
Normal course issuer bid purchase of common shares	`IfrsStockRepurchasedDuringPeriodValue`	$1.68M	USD	Annual
Normal course issuer bid purchase of common shares	`IfrsStockRepurchasedDuringPeriodValue`	$4.13M	USD	Annual
Stock-based compensation	`IncreaseDecreaseThroughSharebasedPaymentTransactions`	$3.30M	USD	Annual
Stock-based compensation	`IncreaseDecreaseThroughSharebasedPaymentTransactions`	$1.31M	USD	Annual
Net earnings	`ProfitLoss`	$45.53M	USD	Annual
Net earnings	`ProfitLoss`	$55.09M	USD	Annual
Dividends	`DividendsPaid`	$14.84M	USD	Annual
Dividends	`DividendsPaid`	$30.41M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncome`	$243.00K	USD	Annual
Balance at ending	`Equity`	$1.32B	USD	Point-in-time
Balance at ending	`Equity`	$1.29B	USD	Point-in-time
Balance at ending	`Equity`	$1.02B	USD	Point-in-time
Balance at ending (in shares)	`NumberOfSharesOutstanding`	155.69M	shares	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$45.53M	USD	Annual
Net earnings	`ProfitLoss`	$55.09M	USD	Annual
Unrealized gain (loss) on derivative designated as cash flow hedge	`UnrealizedGainLossOnDerivativeDesignatedAsCashFlowHedgeBeforeTax`	$34.00K	USD	Annual
Unrealized tax (expense) recovery on derivative designated as cash flow hedge	`UnrealizedTaxExpenseRecoveryOnDerivativeDesignatedAsCashFlowHedge`	$9.00K	USD	Annual
Realized loss on derivative designated as cash flow hedge	`RealizedGainLossOnDerivativeDesignatedAsCashFlowHedgeBeforeTax`	$297.00K	USD	Point-in-time
Realized loss on derivative designated as cash flow hedge	`RealizedGainLossOnDerivativeDesignatedAsCashFlowHedgeBeforeTax`	$297.00K	USD	Annual
Realized tax (recovery) on derivative designated as cash flow hedge	`RealizedTaxExpenseRecoveryOnDerivativeDesignatedAsCashFlowHedge`	$79.00K	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncome`	$243.00K	USD	Annual
Total comprehensive income	`ComprehensiveIncome`	$45.77M	USD	Annual
Total comprehensive income	`ComprehensiveIncome`	$55.09M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.