Balance sheet

Consolidated Balance Sheet

  (thousands US$ dollars)
Year ended 31 Dec201820172016201520142013
             
ASSETS            
Non-current assets            
Property, plant and equipment 2,693,104 2,448,596 2,180,217 2,138,588 1,969,418 1,838,124
Available-for-sale financial assets -  144,856 116,171 71,442 86,078 63,245
Silverstream contract 498,274 506,569 438,811 358,164 358,965 334,083
Deferred tax asset 88,883  48,950 20,023 30,814 57,705 56,209
Other receivables -  129 990 2,289 3,853 14,910
Other assets 3,199  3,389 3,385 3,372 3,872 4,031
  3,453,319  3,244,109 2,865,480 2,681,044 2,564,303 2,310,602
             
Current assets            
Inventories 243,404  179,485 187,499 224,200 221,200 208,141
Trade and other receivables 411,157  342,506 286,678 237,992 287,595 188,057
Prepayments 15,488  3,543 2,839 2,966 3,356 5,330
Derivative financial instruments 294  382 6,618 117,075 14,551 2,057
Silverstream contract 20,819  32,318 28,718 26,607 33,311 38,763
Cash and cash equivalents 560,785  876,034 711,954 381,420 154,340 1,251,694
  1,302,818  1,493,856 1,424,306 1,176,668 1,777,851 1,773,452
Total assets 4,756,137  4,737,965 4,289,786 3,857,712 3,742,154 4,084,054
             
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)
Net unrealised gains on cash flow hedges -  - - 36,214  (9,946) 721
Unrealised gains on available-for-sale financial assets -  53,799 47,608 16,297  24,515 7,845
Foreign currency translation reserve (795)  (610) (728) (731)  (597) (363)
Retained earnings 2,033,860  1,962,708 1,637,888 1,296,906  1,265,877 1,269,781
  3,049,285  3,011,350 2,680,221 2,344,139  2,275,302 2,273,437
Non-controlling interest 78,968  55,245 36,147 30,202  26,539 398,534
Total equity 3,128,253  3,066,595 2,716,368 2,374,341  2,301,841 2,671,971
             
Non-current liabilities            
Provision for mine closure cost 189,842  184,775 149,109 195,476  153,802 127,008
Provision for pensions and other post-employment benefit plans 6,393  9,217 9,095  14,534  13,838 11,475
Deferred tax liability 470,925  491,677  463,050 373,009  336,751 334,181
  1,467,287  1,498,939 1,419,297  1,380,051  1,300,551 1,267,970
             
Current liabilities            
Trade and other payables 133,140  134,949 121,633  89,630  100,351 81,905
Derivative financial instruments 3,807  4,992 630  1,427  27,033 848
Income tax 10,960  18,328 18,842  -  814 -
Employee profit sharing 12,690  14,162 13,016  12,263  11,564 20,440
  160,597  172,431 154,121  103,320  139,762 144,113
Total liabilities 1,627,884  1,671,370 1,573,418  1,483,371  1,440,313 1,412,083
Total equity and liabilities 4,756,137  4,737,965 4,289,786  3,857,712  3,742,154 4,084,054