Company: CENX
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000949157-25-000035
Chunk: 14

Company: CENTURY ALUMINUM CO
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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4.4 Current maturities of long-term debt28.3 70.9    Total current liabilities447.4 463.7 Long-term debt444.3 447.3 Long-term debt due to affiliates10.0 10.0 Accrued benefits costs - less current portion129.3 130.4 Other liabilities95.7 92.6 Deferred taxes72.7 71.2 Asset retirement obligations - less current portion 64.4 61.5    Total noncurrent liabilities816.4 813.0 COMMITMENTS AND CONTINGENCIES (NOTE 12)SHAREHOLDERS’ EQUITY:Preferred stock (Note 13) — — Common stock (Note 13)1.0 1.0 Additional paid-in capital2,550.8 2,550.2 Treasury stock, at cost(86.3)(86.3)Accumulated other comprehensive loss(101.6)(103.3)Accumulated deficit(1,637.6)(1,667.2)    Total Century shareholders’ equity726.3 694.4 Noncontrolling interests(35.6)(31.7)Total equity690.7 662.7 Total liabilities and equity$1,954.5 $1,939.4 

See Condensed Notes to the Consolidated Financial Statements

5

CENTURY ALUMINUM COMPANYCONSOLIDATED STATEMENTS OF CASH FLOWS(in millions)(Unaudited)Three months ended March 31,20252024CASH FLOWS FROM OPERATING ACTIVITIES:Net income$25.7 $244.7 Adjustments to reconcile net income to net cash provided by (used in) operating activities:Unrealized loss (gain) on derivative instruments3.0 (6.4)Depreciation, depletion and amortization20.7 19.9 Change in deferred tax provision1.2 0.4 Bargain purchase gain— (245.9)Other non-cash items - net— (1.5)Change in operating assets and liabilities:Accounts receivable - net(12.5)(1.4)Non-trade receivables15.4 5.2 Manufacturing credit receivable(20.7)(12.6)Due from affiliates16.7 (2.