Balance sheet

Consolidated Balance Sheet

  (thousands US$ dollars)
Year ended 31 Dec2015201420132012
         
ASSETS        
Non-current assets        
Property, plant and equipment 2,138,588 1,969,418 1,838,124 1,497,684
Available-for-sale financial assets 71,442 86,078 63,245 127,442
Silverstream contract 358,164 358,965 334,083 419,489
Deferred tax asset 30,814 57,705 56,209 70,815
Other receivables 2,289 3,853 14,910 21,003
Other assets 3,372 3,872 4,031 2,171
  2,681,044 2,564,303 2,310,602 2,138,604
         
Current assets        
Inventories 224,200 221,200 208,141 194,614
Trade and other receivables 237,992 287,595 188,057 263,644
Prepayments 2,966 3,356 5,330 3,103
Derivative financial instruments 117,075 14,551 2,057 2,842
Silverstream contract 26,607 33,311 38,763 68,290
Cash and cash equivalents 381,420 154,340 1,251,694 613,773
  1,176,668 1,777,851 1,773,452 1,146,266
Total assets 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  368,546 368,546 358,680
Share premium 1,153,817  1,153,817 1,153,817 818,597
Capital Reserve (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 16,297  24,515 7,845 52,573
Foreign currency translation reserve (731)  (597) (363) (542)
Retained earnings 1,296,906  1,265,877 1,269,781 1,536,075
  2,344,139  2,275,302 2,273,437 2,239,157
Non-controlling interest 30,202  26,539 398,534 373,082
Total equity 2,374,341  2,301,841 2,671,971 2,612,239
         
Non-current liabilities        
Provision for mine closure cost 195,476  153,802 127,008 104,712
Provision for pensions and other post-employment benefit plans 14,534  13,838 11,475 10,723
Deferred tax liability 373,009  336,751 334,181 379,961
  1,380,051  1,300,551 1,267,970 495,396
         
Current liabilities        
Trade and other payables 89,630  100,351 81,905 95,287
Derivative financial instruments 1,427  27,033 848 1,128
Income tax 814 - 28,994
Employee profit sharing 12,263  11,564 20,440 51,826
  103,320  139,762 144,113 177,235
Total liabilities 1,483,371  1,440,313 1,412,083 672,631
Total equity and liabilities 3,857,712  3,742,154 4,084,054 3,284,870