Statement of cash flows, additional disclosures

12 Months Ended

Oct. 31, 2022

Notes to the Consolidated Statement of Cash Flows

As of October 31, 2022, the Company had cash on hand of $269.3 million (2021: $6.9 million) and cash equivalents in the form of short term guaranteed investment certificates of $309.0 million (2021: $590.0 million).

Changes in liabilities arising from financing activities comprise the following:


For the year ended October 31,							2022
	Lease liabilities		Restoration provisions		Convertible debt		Conversion feature of convertible debt















Balance, beginning of the year	$	29.4	$	0.3	$	71.9	$	29.0
Cash changes:
Repayments of lease liabilities	(4.7)		—		—		—
Repayment of loans payable	—		—		—		—
Proceeds from convertible debt	—		—		152.5		46.2
Total changes from financing cash flows	(4.7)		—		152.5		46.2
Non-cash changes:
New leases	28.8		—		—		—
Disposal	(0.2)		—		—		—
Additions to restoration provision	—		0.1		—		—
Accrued interest and accretion	—		—		14.3		—
Foreign exchange gain or (loss)	(1.5)		—		—		—
Fair value gain/loss on conversion feature of convertible debt	—		—		—		(31.3)
Accrued interest paid in kind	—		—		5.9		—
Total non-cash changes	$	27.1	$	0.1	$	20.2	$	(31.3)
Balance, end of the year	$	51.8	$	0.4	$	244.6	$	43.9