A Gold Focused Royalty/Stream Company 8.9 Billion1 Available Capital Board of Directors Market Cap Working Cap2 = 0.7 B Pierre Lassonde, Chair Credit line = 0.5 B David Harquail, CEO TSX & NYSE Listed NO DEBT Tom Albanese S&P/TSX &…
The Gold Investment that Works 300% CAGR1: 24% FNV 250% 200% 150% 100% GOLD 50% 0% FNV IPO: S&P/TSX Global -50% Dec 2007 Gold Index -100% 2008 2009 2010 2011 2012 2013 2014 2015 FNV and S&P/TSX Global Gold Index…
Our Business Principles Goldstrike Candelaria Duketon Maximize Minimize Exploration upside Cost exposures Security of tenure Potential for encroachments Management time on new deals Involvement in operations Long term…
Business Model Benefits Risk of: Gold ETF FNV Operators Capital Costs 0% 0%1 100% Operating & Other Costs 0% 0%1 100% Benefit of: Leverage to Gold Price 1 1 1 Exploration & Expansion 0% 100% 100% Dividend Yield (0.4%)2 1.4% 0 -…
Diversified Portfolio of 380 Assets GOLD ASSETS PGM U.S. Latin America Stillwater Goldstrike Candelaria Sudbury Gold Quarry Palmarejo Pandora Marigold Cerro San Pedro Fire Creek/Midas Cobre Panama Other Canada Rest of World…
Track Record Gold Equivalent Adj Net Income2 Dividends per Ounces1 Revenue per share3 share 300 450 1.40 0.90 400 0.80 250 1.20 350 0.70 1.00 200 300 0.60 GEOs (Koz) US Millions US per share US / share 250 0.80…
2014 Q3 Revenue Sources By Commodity By Geography Oil & Gas US Rest of 21% 19% World 21% Other 3% Australia 5% PGMs Gold 12% 66% Mexico 16% Canada 37% 78% Precious Metals 79% from North America & Australia 9
Major 2014 Actions January Sabodala Stream 135 million February Fire Creek/Midas Royalties 35 million March Increased Dividend +11% April Cerro Moro Royalty 20 million August Bought Deal Financing 500 million August Karma…
Available Capital Capital Resources Working Capital1 1,312 million Marketable Securities1 39 million Credit Facility1 (undrawn) 500 million Candelaria Stream (Nov 3, 2014) (648 million) Lundin Equity Investment2 (Nov 3, 2014)…
Increasing Investment Options Cerro Moro Yamana Gold Since 1985 3rd Party Royalties Brucejack Pretium Resources Hardrock Premier Gold Mines Since Cobre Panama - First Quantum By-product Streams 2008 Palmarejo - Coeur Mining…
Franco-Nevada Provides: Gold exposure at a discount Growth organic and acquisitions Dividends vs. ETF fees 300% FNV 250% Why Own a 200% Gold ETF 150% 100% GOLD 50% 0% FNV IPO: Dec 2007 S&P/TSX Global -50% Gold…
Appendix Non IFRS Measures Twelve months ended December 31, (expressed in millions, except per share amounts) 2013 2012 Net Income (Loss) 11.7 102.6 Foreign exchange (gain) loss, net of income tax 2.3 (0.1) Mark-to-market changes…
Growth in the Near-Term Category Asset Operator Royalty/Stream Additional Avg Proj Yr Prod1 Info1 Newly Sabodala Teranga Gold Ounce payment / 6% Stream Producing 250,000 oz acquired Kirkland Lake Kirkland Lake Gold 2.5% NSR Producing…