Balance sheet

Consolidated Balance Sheet

  (thousands US$ dollars)
Year ended 31 Dec20162015201420132012
           
ASSETS          
Non-current assets          
Property, plant and equipment 2,180,217 2,138,588 1,969,418 1,838,124 1,497,684
Available-for-sale financial assets 116,171 71,442 86,078 63,245 127,442
Silverstream contract 438,811 358,164 358,965 334,083 419,489
Deferred tax asset 20,023 30,814 57,705 56,209 70,815
Other receivables 990 2,289 3,853 14,910 21,003
Other assets 3,385 3,372 3,872 4,031 2,171
    2,681,044 2,564,303 2,310,602 2,138,604
           
Current assets          
Inventories 187,499 224,200 221,200 208,141 194,614
Trade and other receivables 286,678 237,992 287,595 188,057 263,644
Prepayments 2,839 2,966 3,356 5,330 3,103
Derivative financial instruments - 117,075 14,551 2,057 2,842
Silverstream contract 28,718 26,607 33,311 38,763 68,290
Cash and cash equivalents 711,954 381,420 154,340 1,251,694 613,773
  - 1,176,668 1,777,851 1,773,452 1,146,266
Total assets 4,289,786 3,857,712 3,742,154 4,084,054 3,284,870
           
EQUITY AND LIABILITIES          
Capital and reserves attributable to equity shareholders of the Company          
Share capital 368,546 368,546  368,546 368,546 358,680
Share premium 1,153,817 1,153,817  1,153,817 1,153,817 818,597
Capital Reserve (526,910) (526,910)  (526,910) (526,910) (526,910)
Net unrealised gains on cash flow hedges - 36,214  (9,946) 721 684
Unrealised gains on available-for-sale financial assets 47,608 16,297  24,515 7,845 52,573
Foreign currency translation reserve (728) (731)  (597) (363) (542)
Retained earnings 1,637,888 1,296,906  1,265,877 1,269,781 1,536,075
  2,680,221 2,344,139  2,275,302 2,273,437 2,239,157
Non-controlling interest 36,147 30,202  26,539 398,534 373,082
Total equity 2,716,368 2,374,341  2,301,841 2,671,971 2,612,239
           
Non-current liabilities          
Provision for mine closure cost 149,109 195,476  153,802 127,008 104,712
Provision for pensions and other post-employment benefit plans 9,095  14,534  13,838 11,475 10,723
Deferred tax liability  463,050 373,009  336,751 334,181 379,961
  1,419,297  1,380,051  1,300,551 1,267,970 495,396
           
Current liabilities          
Trade and other payables 121,633  89,630  100,351 81,905 95,287
Derivative financial instruments 630  1,427  27,033 848 1,128
Income tax 18,842  -  814 - 28,994
Employee profit sharing 13,016  12,263  11,564 20,440 51,826
  154,121  103,320  139,762 144,113 177,235
Total liabilities 1,573,418  1,483,371  1,440,313 1,412,083 672,631
Total equity and liabilities 4,289,786  3,857,712  3,742,154 4,084,054 3,284,870