Balance sheet

Consolidated Balance Sheet

  (thousands US$ dollars)
Year ended 31 Dec20172016201520142013
           
ASSETS          
Non-current assets          
Property, plant and equipment 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 506,569 438,811 358,164 358,965 334,083
Deferred tax asset 48,950 20,023 30,814 57,705 56,209
Other receivables 129 990 2,289 3,853 14,910
Other assets 3,389 3,385 3,372 3,872 4,031
  3,244,109 2,865,480 2,681,044 2,564,303 2,310,602
           
Current assets          
Inventories 179,485 187,499 224,200 221,200 208,141
Trade and other receivables 342,506 286,678 237,992 287,595 188,057
Prepayments 3,543 2,839 2,966 3,356 5,330
Derivative financial instruments 382 6,618 117,075 14,551 2,057
Silverstream contract 32,318 28,718 26,607 33,311 38,763
Cash and cash equivalents 876,034 711,954 381,420 154,340 1,251,694
  1,493,856 1,424,306 1,176,668 1,777,851 1,773,452
Total assets 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
Share premium 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)
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 (610) (728) (731)  (597) (363)
Retained earnings 1,962,708 1,637,888 1,296,906  1,265,877 1,269,781
  3,011,350 2,680,221 2,344,139  2,275,302 2,273,437
Non-controlling interest 55,245 36,147 30,202  26,539 398,534
Total equity 3,066,595 2,716,368 2,374,341  2,301,841 2,671,971
           
Non-current liabilities          
Provision for mine closure cost 184,775 149,109 195,476  153,802 127,008
Provision for pensions and other post-employment benefit plans 9,217 9,095  14,534  13,838 11,475
Deferred tax liability 491,677  463,050 373,009  336,751 334,181
  1,498,939 1,419,297  1,380,051  1,300,551 1,267,970
           
Current liabilities          
Trade and other payables 134,949 121,633  89,630  100,351 81,905
Derivative financial instruments 4,992 630  1,427  27,033 848
Income tax 18,328 18,842  814 -
Employee profit sharing 14,162 13,016  12,263  11,564 20,440
  172,431 154,121  103,320  139,762 144,113
Total liabilities 1,671,370 1,573,418  1,483,371  1,440,313 1,412,083
Total equity and liabilities 4,737,965 4,289,786  3,857,712  3,742,154 4,084,054