Asanko gold inc. (AKG)
Income statement / Yearly
Dec'17Dec'16
Revenue

256,203

185,167

Royalties

12,810

9,258

Net revenue

243,393

175,909

Cost of sales:
Production costs

116,628

88,688

Depreciation and depletion

64,153

52,958

Total cost of sales

180,781

141,646

Write-off of deferred stripping asset

0

7,123

Income from mine operations

62,612

27,140

Exploration and evaluation expenditures

2,050

1,425

General and administrative expenses

12,590

12,538

Income from operations

47,972

13,177

Finance income

609

634

Finance expense

17,476

13,849

Foreign exchange loss

-383

-1,777

Gain on derivatives

0

37

Income (loss) before income taxes

30,722

-1,778

Current income tax expense

1,301

1,531

Deferred income tax expense

22,774

9,907

Net income (loss) and comprehensive income (loss) for the year

6,647

-13,216

Net income (loss) attributable to:
Common shareholders of the Company

6,077

-13,216

Non-controlling interest

570

0

Net income (loss) for the year

6,647

-13,216

Earnings (loss) per share attributable to common shareholders:
Basic

0.03

-0.07

Diluted

0.03

-0.07

Weighted average number of shares outstanding:
Basic

203,333

198,973

Diluted

204,394

198,973