Balance sheet
Consolidated Balance Sheet
(thousands US$ dollars) | |||||||
---|---|---|---|---|---|---|---|
Year ended 31 Dec | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
ASSETS | |||||||
Non-current assets | |||||||
Property, plant and equipment | 2,799,075 | 2,708,195 | 2,813,417 | 2,693,104 | 2,448,596 | 2,180,217 | 2,138,588 |
Available-for-sale financial assets | - | - | - | - | 144,856 | 116,171 | 71,442 |
Equity instruments at FVOCI | 164,525 | 212,576 | 123,024 | 78,219 | - | - | - |
Silverstream contract | 494,392 | 534,697 | 518,696 | 498,274 | 506,569 | 438,811 | 358,164 |
Deferred tax asset | 67,300 | 120,676 | 110,770 | 88,883 | 48,950 | 20,023 | 30,814 |
Inventories | 91,620 | 91,620 | 91,620 | 91,620 | 89,351 | 76,375 | 84,412 |
Other receivables | 58,548 | - | 23,014 | - | 129 | 990 | 2,289 |
Other assets | 3,587 | 3,429 | 3,622 | 3,199 | 3,389 | 3,385 | 3,372 |
3,679,047 | 3,671,193 | 3,684,163 | 3,453,319 | 3,244,109 | 2,865,480 | 2,681,044 | |
Current assets | |||||||
Inventories | 396,184 | 351,587 | 272,120 | 243,404 | 179,485 | 187,499 | 224,200 |
Trade and other receivables | 401,424 | 512,927 | 437,642 | 411,157 | 342,506 | 286,678 | 237,992 |
Income tax recoverable | - | - | 57,124 | 50,871 | 59,588 | - | 67,690 |
Prepayments | 20,282 | 18,207 | 18,344 | 15,488 | 3,543 | 2,839 | 2,966 |
Derivative financial instruments | 96 | 6,290 | 2,623 | 294 | 382 | 6,618 | 117,075 |
Silverstream contract | 35,152 | 41,443 | 22,558 | 20,819 | 32,318 | 28,718 | 26,607 |
Short-term investment | - | - | - | - | - | 200,000 | 118,718 |
Cash and cash equivalents | 1,235,282 | 1,070,415 | 336,576 | 560,785 | 876,034 | 711,954 | 381,420 |
2,088,420 | 2,000,869 | 1,146,987 | 1,302,818 | 1,493,856 | 1,424,306 | 1,176,668 | |
Total assets | 5,767,467 | 5,672,062 | 4,831,150 | 4,756,137 | 4,737,965 | 4,289,786 | 3,857,712 |
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 | 368,546 |
Share premium | 1,153,817 | 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) | (526,910) |
Hedging reserve | (2,042) | 3,292 | 139 | (229) | |||
Cost of hedging reserve | (38) | 1,072 | 918 | (2,374) | |||
Fair value reserve of financial assets at FVOCI | 83,784 | 117,420 | 54,734 | 23,370 | - | - | - |
Unrealised gains on available-for-sale financial assets | - | - | - | - | 53,799 | 47,608 | 16,297 |
Foreign currency translation reserve | (2,120) | (1,467) | (250) | (795) | (610) | (728) | (731) |
Retained earnings | 2,543,087 | 2,363,275 | 2,093,666 | 2,033,860 | 1,962,708 | 1,637,888 | 1,296,906 |
3,618,124 | 3,479,045 | 3,144,660 | 3,049,285 | 3,011,350 | 2,680,221 | 2,344,139 | |
Non-controlling interest | 184,548 | 135,559 | 134,059 | 78,968 | 55,245 | 36,147 | 30,202 |
Total equity | 3,802,672 | 3,614,604 | 3,278,719 | 3,128,253 | 3,066,595 | 2,716,368 | 2,374,341 |
Non-current liabilities | |||||||
Interest-bearing loans | 1,157,545 | 1,156,670 | 801,239 | 800,127 | 799,046 | 798,027 | 797,032 |
Derivative financial instruments | - | - | - | - | 14,224 | - | - |
Lease liabilities | 6,146 | 7,697 | 8,009 | - | - | - | - |
Provision for mine closure cost | 256,956 | 245,688 | 231,056 | 189,842 | 184,775 | 149,109 | 195,476 |
Pensions and other post-employment benefit plans | 6,506 | 11,977 | 10,704 | 6,393 | 9,217 | 9,095 | 14,534 |
Deferred tax liability | 68,745 | 295,595 | 321,347 | 470,925 | 491,677 | 463,050 | 373,009 |
1,495,898 | 1,717,627 | 1,372,355 | 1,467,287 | 1,498,939 | 1,419,297 | 1,380,051 | |
Current liabilities | |||||||
Trade and other payables | 378,235 | 225,208 | 159,768 | 133,140 | 134,949 | 121,633 | 89,630 |
Derivative financial instruments | 3,885 | - | 1,789 | 3,807 | 4,992 | 630 | 1,427 |
Income tax payable | 62,287 | 88,066 | 3,991 | 10,960 | 18,328 | 18,842 | - |
Lease liabilities | 4,681 | 5,048 | 4,535 | - | - | - | - |
Employee profit sharing | 16,458 | 21,509 | 9,993 | 12,690 | 14,162 | 13,016 | 12,263 |
468,897 | 339,831 | 180,076 | 160,597 | 172,431 | 154,121 | 103,320 | |
Total liabilities | 1,964,795 | 2,057,458 | 1,552,431 | 1,627,884 | 1,671,370 | 1,573,418 | 1,483,371 |
Total equity and liabilities | 5,767,467 | 5,672,062 | 4,831,150 | 4,756,137 | 4,737,965 | 4,289,786 | 3,857,712 |