Balance sheet

Consolidated Balance Sheet

  (thousands US$ dollars)
Year ended 31 Dec202220212020201920182017
             
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