Balance sheet
Consolidated Balance Sheet
(thousands US$ dollars) | ||||||
---|---|---|---|---|---|---|
Year ended 31 Dec | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
ASSETS | ||||||
Non-current assets | ||||||
Property, plant and equipment | 2,862,564 | 2,799,075 | 2,708,195 | 2,813,417 | 2,693,104 | 2,448,596 |
Available-for-sale financial assets | - | - | - | - | - | 144,856 |
Equity instruments at FVOCI | 158,813 | 164,525 | 212,576 | 123,024 | 78,219 | - |
Silverstream contract | 475,256 | 494,392 | 534,697 | 518,696 | 498,274 | 506,569 |
Deferred tax asset | 343,688 | 67,300 | 120,676 | 110,770 | 88,883 | 48,950 |
Inventories | 91,620 | 91,620 | 91,620 | 91,620 | 91,620 | 89,351 |
Other receivables | 38,458 | 58,548 | - | 23,014 | - | 129 |
Other assets | 3,700 | 3,587 | 3,429 | 3,622 | 3,199 | 3,389 |
3,974,099 | 3,679,047 | 3,671,193 | 3,684,163 | 3,453,319 | 3,244,109 | |
Current assets | ||||||
Inventories | 495,744 | 396,184 | 351,587 | 272,120 | 243,404 | 179,485 |
Trade and other receivables | 404,499 | 401,424 | 512,927 | 437,642 | 411,157 | 342,506 |
Income tax recoverable | - | - | - | 57,124 | 50,871 | 59,588 |
Prepayments | 34,429 | 20,282 | 18,207 | 18,344 | 15,488 | 3,543 |
Derivative financial instruments | 231 | 96 | 6,290 | 2,623 | 294 | 382 |
Silverstream contract | 36,218 | 35,152 | 41,443 | 22,558 | 20,819 | 32,318 |
Short-term investment | - | - | - | - | - | - |
Cash and cash equivalents | 969,060 | 1,235,282 | 1,070,415 | 336,576 | 560,785 | 876,034 |
1,940,181 | 2,088,420 | 2,000,869 | 1,146,987 | 1,302,818 | 1,493,856 | |
Total assets | 5,914,280 | 5,767,467 | 5,672,062 | 4,831,150 | 4,756,137 | 4,737,965 |
EQUITY AND LIABILITIES | ||||||
Capital and reserves attributable to equity shareholders of the Company | ||||||
Share capital | 368,546 | 368,546 | 368,546 | 368,546 | 368,546 | 368,546 |
Share premium | 1,153,817 | 1,153,817 | 1,153,817 | 1,153,817 | 1,153,817 | 1,153,817 |
Capital reserve | (526,910) | (526,910) | (526,910) | (526,910) | (526,910) | (526,910) |
Hedging reserve | (91) | (2,042) | 3,292 | 139 | (229) | |
Cost of hedging reserve | - | (38) | 1,072 | 918 | (2,374) | |
Fair value reserve of financial assets at FVOCI | 79,786 | 83,784 | 117,420 | 54,734 | 23,370 | - |
Unrealised gains on available-for-sale financial assets | - | - | - | - | - | 53,799 |
Foreign currency translation reserve | (1,886) | (2,120) | (1,467) | (250) | (795) | (610) |
Retained earnings | 2,612,469 | 2,543,087 | 2,363,275 | 2,093,666 | 2,033,860 | 1,962,708 |
3,685,731 | 3,618,124 | 3,479,045 | 3,144,660 | 3,049,285 | 3,011,350 | |
Non-controlling interest | 231,206 | 184,548 | 135,559 | 134,059 | 78,968 | 55,245 |
Total equity | 3,916,937 | 3,802,672 | 3,614,604 | 3,278,719 | 3,128,253 | 3,066,595 |
Non-current liabilities | ||||||
Interest-bearing loans | 840,678 | 1,157,545 | 1,156,670 | 801,239 | 800,127 | 799,046 |
Derivative financial instruments | - | - | - | - | - | 14,224 |
Lease liabilities | 9,920 | 6,146 | 7,697 | 8,009 | - | - |
Provision for mine closure cost | 242,380 | 256,956 | 245,688 | 231,056 | 189,842 | 184,775 |
Pensions and other post-employment benefit plans | 9,462 | 6,506 | 11,977 | 10,704 | 6,393 | 9,217 |
Deferred tax liability | 111,120 | 68,745 | 295,595 | 321,347 | 470,925 | 491,677 |
1,309,413 | 1,495,898 | 1,717,627 | 1,372,355 | 1,467,287 | 1,498,939 | |
Current liabilities | ||||||
Trade and other payables | 378,235 | 225,208 | 159,768 | 133,140 | 134,949 | |
Derivative financial instruments | 487 | 3,885 | - | 1,789 | 3,807 | 4,992 |
Income tax payable | 81,235 | 62,287 | 88,066 | 3,991 | 10,960 | 18,328 |
Lease liabilities | 5,209 | 4,681 | 5,048 | 4,535 | - | - |
Employee profit sharing | 10,317 | 16,458 | 21,509 | 9,993 | 12,690 | 14,162 |
687,930 | 468,897 | 339,831 | 180,076 | 160,597 | 172,431 | |
Total liabilities | 1,997,343 | 1,964,795 | 2,057,458 | 1,552,431 | 1,627,884 | 1,671,370 |
Total equity and liabilities | 5,914,280 | 5,767,467 | 5,672,062 | 4,831,150 | 4,756,137 | 4,737,965 |