BALANCE SHEET HIGHLIGHTS
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Balance Sheet Highlights as at May 31 |
 Download (Excel) |
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(thousand of US$ dollars ) |
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2011
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2010
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2009
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2008
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Assets |
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Current assets |
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Cash |
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14,178
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8,691
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9,496
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18,601
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Accounts receivable |
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2,473
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2,351
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2,899
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2,810
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Inventories |
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17,363
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18,090
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17,642
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16,749
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Prepaid expenses and other |
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1,164
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1,220
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915
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1,004
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Total current assets |
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35,178
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30,352
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30,952
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39,164
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Property plant and equipment and mineral properties |
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29,836
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18,757
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16,953
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29,681
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Deferred exploration |
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25,662
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24,850
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12,437
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8,948
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Future income tax assets |
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5,148
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4,181
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3,001
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5,375
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Restricted cash |
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223
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191
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173
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191
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Total Assets |
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96,047
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78,331
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63,516
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83,359
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LIABILITIES AND SHAREHOLDERS' EQUITY |
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Current liabilities |
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Accounts payable and accrued liabilities |
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12,362
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11,510
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7,354
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8,816
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Current portion of long term debt |
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14
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19
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37
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2,275
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Restructure Plan |
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0
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0
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250
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0
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Unrealized fair value of derivatives |
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0
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0
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464
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0
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Total current liabilities |
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12,376
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11,529
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8,105
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11,091
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Long term tax payable |
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1,774
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1,774
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0
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2,414
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Long term debt |
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0
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14
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0
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25
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Asset retirement obligation |
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2,942
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2,954
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2,862
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2,869
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Total Liabilities |
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17,092
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16,271
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10,967
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16,399
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Capital stocks, warrants and convertible notes |
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42,692
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42,344
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34,642
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35,055
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Contributed surplus |
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5,248
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4,647
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4,239
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3,882
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Accumulated other comprehensive income |
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-19
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-19
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-19
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(19)
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Retained earnings |
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31,034
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15,088
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13,687
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28,042
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Total shareholder's equity |
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78,955
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62,060
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52,549
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66,960
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Total liabilities and shareholder's equity |
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96,047
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78,331
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63,516
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83,359
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