• Gold$: 1,120.50
 
Growing Cash Flow

On a per share basis, Kinross' adjusted operating cash flow has grown in 2009 to $1.36 from $0.45 in 2004, up 204%, a compounded annual growth rate of 25%.


Adjusted operating cash flow figures are non-GAAP financial measures which are meant to provide additional information and should not be used as a substitute for performance measures prepared in accordance with GAAP.  For more information about these non-GAAP financial measures, and a reconciliation of these non-GAAP financial measures for the three and twelve months ended December 31, 2009 and December 31, 2008, please refer to the press release dated February 17, 2010, available on our website at www.kinross.com under the heading “Reconciliation of non-GAAP financial measures”. Comparative figures for the periods 2004 to 2008 represent cash flow from operating activities adjusted for changes in working capital only.  Prior to the three and six months ended December 31, 2009, the Company did not prepare a reconciliation of adjusted operating cash flow, and readers should refer to the Company’s financial statements and Management’s Discussion and Analysis for the applicable periods for additional financial information prepared in accordance with GAAP.

For detailed information relating to Kinross' financial results, please visit the Financials section of our website.

This web page contains forward-looking information. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. Readers are cautioned that actual results may differ materially from those set forth herein and are referred to our Legal Disclaimer for more information.