v3.25.2
CASH FLOW – OTHER ITEMS (Tables)
 6 Months Ended
Jun. 30, 2025
Cash flow statement [Abstract]  
Schedule of cash flow - other items Cash Flow - Other Items
Operating Cash Flows – Other Items For the three months ended June 30 For the six months ended June 30
   2025 2024 2025 2024
Adjustments for non-cash income statement items:
Loss on non-hedge derivatives $1  $—  $1  $— 
Loss (gain) on warrant investments at FVPL (1) 1  ($1) $3 
Litigation settlement accruals —  —  91  — 
Tax interest and penalties —  61  —  61 
Share-based compensation expense 27  5  69  18 
Change in estimate of rehabilitation costs at closed mines (17) (15) (7) (27)
Inventory impairment charges —  8  1  22 
Non-cash revenue recognized on Pueblo Viejo gold and silver streaming agreement (8) (9) (15) (16)
Change in other assets and liabilities (66) (34) (108) (43)
Settlement of share-based compensation —  (7) (53) (46)
Settlement of rehabilitation obligations (39) (39) (90) (71)
Other operating activities ($103) ($29) ($112) ($99)
Cash flow arising from changes in:
Accounts receivable ($216) $42  ($204) $81 
Inventory 2  40  (65) 12 
Value added taxes receivable1
 (36) (52) (96) (151)
Other current assets (15) (12) (17) (13)
Accounts payable 64  91  40  (50)
Other current liabilities 72  3  108  (8)
Change in working capital ($129) $112  ($234) ($129)
1 Excludes $58 million (Q2 2024: $12 million) for Q2 2025 and $75 million (YTD 2024: $29 million) for YTD 2025 of VAT receivables that were settled against offsetting of income taxes payable and $4 million (Q2 2024: $8 million) for Q2 2025 and $48 million (YTD 2024: $8 million) for YTD 2025 of VAT receivables that were settled against offsetting of other duties and liabilities.