Company: CENX
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000949157-25-000024
Chunk: 103

Company: CENTURY ALUMINUM CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 103
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 liabilities42.0 50.9 Derivative liabilities4.4 1.4 Deferred credit - preliminary bargain purchase gain— 273.4 Current debt due to affiliates— 10.0 Current maturities of long-term debt70.9 38.3    Total current liabilities463.7 763.0 Long-term debt447.3 430.9 Long-term debt due to affiliates10.0 — Accrued benefits costs - less current portion130.4 120.3 Other liabilities92.6 66.3 Due to affiliates - less current portion— — Deferred taxes71.2 72.4 Asset retirement obligations - less current portion61.5 49.5    Total noncurrent liabilities813.0 739.4 COMMITMENTS AND CONTINGENCIES (NOTE 17)SHAREHOLDERS’ EQUITY:Preferred stock (Note 9)0.00.0Common stock (Note 9)1.0 1.0 Additional paid-in capital2,550.2 2,542.9 Treasury stock, at cost(86.3)(86.3)Accumulated other comprehensive loss(103.3)(97.9)Accumulated deficit(1,667.2)(2,004.1)   Total Century shareholders’ equity694.4 355.6 Noncontrolling interest(31.7)(11.5)Total equity662.7 344.1      TOTAL$1,939.4 $1,846.5 

See notes to consolidated financial statements.

56

CENTURY ALUMINUM COMPANYCONSOLIDATED STATEMENTS OF CASH FLOWS(in millions) Year Ended December 31, 202420232022CASH FLOWS FROM OPERATING ACTIVITIES:   Net income (loss)$320.7 $(52.3)$(14.1)Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:Lower of cost or NRV inventory adjustment2.3 — 39.6 Unrealized (gain) loss on derivative instruments(5.0)87.1 (201.5)Depreciation, depletion and amortization81.8 74.7 73.4 Change in deferred tax (benefit) provision(1.3)(30.