Balance Sheet
Consolidated
Balance Sheets
(Unaudited)
(In Thousands)
| |
|
As At |
|
| |
|
|
|
| |
|
March 31/00 |
December 31/99 |
March 31/99 |
|
|
|
| Assets |
|
|
|
|
|
|
|
| Current assets |
|
|
|
|
|
|
|
| |
Cash |
$57,281 |
|
$45,469 |
|
$48,890 |
|
|
| |
Accounts receivable |
95,706 |
|
138,691 |
|
94,415 |
|
|
| |
Inventories |
374,918 |
|
356,828 |
|
350,975 |
|
|
| |
Supplies and prepaid
expenses |
43,318 |
|
47,695 |
|
51,749 |
|
|
|
|
| |
|
571,223 |
|
588,683 |
|
546,029 |
|
|
| |
|
|
|
|
|
|
|
|
| |
Property, plant and
equipment |
2,160,522 |
|
2,135,843 |
|
2,304,031 |
|
|
| |
Long-term receivables,
investments and other |
187,497 |
|
175,736 |
|
203,549 |
|
|
| |
Inventories |
40,121 |
|
63,881 |
|
183,089 |
|
|
|
|
| |
|
2,388,140 |
|
2,375,460 |
|
2,690,669 |
|
|
|
|
| Total assets |
$2,959,363 |
|
$2,964,143 |
|
$3,236,698 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Liabilities and Shareholders' Equity |
|
|
|
|
|
|
|
| Current liabilities |
|
|
|
|
|
|
|
| |
Short-term debt |
$ - |
|
$
- |
|
$32,651 |
|
|
| |
Accounts payable
and accrued liabilities |
74,458 |
|
105,873 |
|
92,558 |
|
|
| |
Dividends payable |
7,080 |
|
7,160 |
|
7,209 |
|
|
| |
Current portion of
long-term debt |
30,430 |
|
30,241 |
|
28,231 |
|
|
| |
Current portion of
other liabilities |
4,490 |
|
5,568 |
|
5,432 |
|
|
| |
Deferred income taxes |
30,597 |
|
32,549 |
|
29,794 |
|
|
|
|
| |
|
147,055 |
|
181,391 |
|
195,875 |
|
|
| |
|
|
|
|
|
|
|
|
| |
Long-term debt |
354,877 |
|
328,963 |
|
574,938 |
|
|
| |
Provision for reclamation |
105,016 |
|
103,411 |
|
107,692 |
|
|
| |
Other liabilities |
18,818 |
|
15,618 |
|
13,511 |
|
|
| |
Deferred income taxes |
419,222 |
|
412,417 |
|
442,449 |
|
|
|
|
| |
|
897,933 |
|
860,409 |
|
1,138,590 |
|
|
| |
|
|
|
|
|
|
|
|
| Shareholders' equity |
|
|
|
|
|
|
|
| |
Preferred securities |
177,563 |
|
176,248 |
|
184,373 |
|
|
| |
Share capital |
676,231 |
|
683,787 |
|
688,534 |
|
|
| |
Contributed surplus
|
485,633 |
|
490,771 |
|
496,745 |
|
|
| |
Retained earnings |
554,465 |
|
552,154 |
|
510,972 |
|
|
| |
Cumulative translation
account |
20,483 |
|
19,383 |
|
21,609 |
|
|
|
|
| |
|
1,914,375 |
|
1,922,343 |
|
1,902,233 |
|
|
|
|
| Total liabilities and shareholders' equity |
$2,959,363 |
|
$2,964,143 |
|
$3,236,698 |
|
|
|
|
| See accompanying notes
to consolidated financial statements |
