Balance Sheet
Consolidated Balance Sheets
(Unaudited)
(In Thousands)
| |
|
|
As At |
| |
|
|
|
| |
|
|
Sept 30/00 |
|
December 31/99 |
|
Sept 30/99 |
|
| Assets |
|
|
|
|
|
|
|
|
|
| Current assets |
|
|
|
|
|
|
|
|
|
| |
Cash |
|
$18,013 |
|
|
$45,469 |
|
|
$35,971 |
|
| |
Accounts receivable |
|
70,397 |
|
|
138,691 |
|
|
91,079 |
|
| |
Inventories |
|
374,298 |
|
|
356,828 |
|
|
372,134 |
|
| |
Supplies and prepaid expenses |
|
53,801 |
|
|
47,695 |
|
|
52,998 |
|
| |
Current portion of long-term receivables |
|
34,417 |
|
|
- |
|
|
- |
|
|
| |
|
|
550,926 |
|
|
588,683 |
|
|
552,182 |
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Property, plant and equipment |
|
2,047,113 |
|
|
2,135,843 |
|
|
2,122,771 |
|
| |
Long-term receivables, investments and other |
|
169,734 |
|
|
175,736 |
|
|
187,041 |
|
| |
Inventories |
|
27,203 |
|
|
63,881 |
|
|
83,015 |
|
|
| |
|
|
2,244,050 |
|
|
2,375,460 |
|
|
2,392,827 |
|
|
| Total assets |
|
$2,794,976 |
|
|
$2,964,143 |
|
|
$2,945,009 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
| Liabilities and Shareholders' Equity |
|
|
|
|
|
|
|
|
|
| Current liabilities |
|
|
|
|
|
|
|
|
|
| |
Accounts payable and accrued liabilities |
|
$77,364 |
|
|
$105,873 |
|
|
$89,135 |
|
| |
Dividends payable |
|
6,867 |
|
|
7,160 |
|
|
7,215 |
|
| |
Current portion of long-term debt |
|
31,353 |
|
|
30,241 |
|
|
27,611 |
|
| |
Current portion of other liabilities |
|
1,304 |
|
|
5,568 |
|
|
3,211 |
|
| |
Deferred income taxes |
|
28,461 |
|
|
32,549 |
|
|
43,811 |
|
|
| |
|
|
145,349 |
|
|
181,391 |
|
|
170,983 |
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Long-term debt |
|
323,964 |
|
|
328,963 |
|
|
350,930 |
|
| |
Provision for reclamation |
|
108,654 |
|
|
103,411 |
|
|
103,627 |
|
| |
Other liabilities |
|
9,908 |
|
|
15,618 |
|
|
11,417 |
|
| |
Deferred income taxes |
|
429,177 |
|
|
412,417 |
|
|
381,141 |
|
|
| |
|
|
871,703 |
|
|
860,409 |
|
|
847,115 |
|
| |
|
|
|
|
|
|
|
|
|
|
| Shareholders' equity |
|
|
|
|
|
|
|
|
|
| |
Preferred securities |
|
184,330 |
|
|
176,248 |
|
|
179,546 |
|
| |
Share capital |
|
657,231 |
|
|
683,787 |
|
|
689,440 |
|
| |
Contributed surplus |
|
472,488 |
|
|
490,771 |
|
|
496,745 |
|
| |
Retained earnings |
|
440,764 |
|
|
552,154 |
|
|
541,188 |
|
| |
Cumulative translation account |
|
23,111 |
|
|
19,383 |
|
|
19,992 |
|
|
| |
|
|
1,777,924 |
|
|
1,922,343 |
|
|
1,926,911 |
|
|
| Total liabilities and shareholders' equity |
|
$2,794,976 |
|
|
$2,964,143 |
|
|
$2,945,009 |
|
|
| Note: See accompanying notes
to consolidated financial statements. |
