Gold resource corp (GORO)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Cash flows from operating activities:
Net income

1,829

5,832

6,516

2,757

4,713

9,288

2,759

8,121

5,231

4,150

6,209

3,222

7,966

4,387

5,665

3,602

-1,194

3,062

7,542

5,967

12,964

15,036

14,041

14,255

5,072

5,334

0

0

0

Adjustments to reconcile net income to net cash from operating activities:
Deferred income taxes

-2,605

2,940

1,057

1,908

-18

-501

11,491

12,760

14,107

14,991

1,228

-2,081

-774

-1,555

6,905

5,154

5,642

5,133

0

0

0

-

-

-

-

-

-

-

-

Depreciation and amortization

27,053

23,318

19,373

15,704

15,317

15,169

15,492

15,657

15,987

14,998

13,847

13,286

12,395

12,588

12,109

11,378

10,496

9,097

7,775

6,404

5,198

4,551

3,842

3,333

2,783

2,626

0

0

0

Reclamation and remediation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Stock-based compensation

2,066

1,932

1,988

2,226

1,597

1,497

1,405

1,294

1,228

1,192

1,120

1,137

1,022

1,240

1,176

2,045

2,824

3,472

4,397

4,908

5,234

4,951

5,468

5,883

6,888

7,617

0

0

0

Currency exchange (gain) loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

0

0

Impairment loss on gold and silver bullion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Unrealized loss (gain) on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Other operating adjustments

-2,230

-322

-2,143

-1,878

-3,313

-2,535

-1,599

-1,501

28

-1,285

-1,221

-1,159

-1,313

-298

129

-1,184

-1,980

-2,874

0

0

0

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-473

6,618

7,732

5,263

4,233

220

-2,236

451

-117

2,254

1,251

-769

852

309

562

1,357

-6,552

-1,095

-4,155

-5,415

976

-891

598

2,514

-5,079

-4,368

0

0

0

Inventories

5,017

7,846

9,599

10,667

7,861

2,820

2,192

2,645

4,419

2,797

1,026

383

-167

738

-62

639

272

430

-639

2,093

1,014

-206

108

-709

478

32

0

0

0

Prepaid expenses and other current assets

-1,397

-1,443

-1,478

327

1,064

417

1,796

1,527

-571

448

-548

-1,757

-248

-793

-2,333

69

-651

-233

1,321

-921

204

-930

46

2,444

2,340

5,127

0

0

0

Other non-current assets

2,722

3,603

2,884

2,016

-105

-130

-89

-102

-57

7

-51

-63

-54

-79

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and other accrued liabilities

-222

3,802

-1,698

3,108

1,985

1,489

1,853

3,876

2,784

1,636

2,514

316

-2,816

-3,579

-4,486

1,083

3,126

3,357

2,968

-2,562

-3,337

-2,832

-1,325

-1,757

-907

-548

0

0

0

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

IVA taxes payable/receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Mining royalty and income taxes payable, net

2,522

-106

-1,410

-5,407

-6,167

-3,894

15

2,388

4,954

2,887

-551

1,123

4,448

4,695

497

-202

-6,797

-7,721

-6,179

-6,595

3,782

10,256

14,607

11,913

-800

-5,756

0

0

0

Total adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,032

-

25,853

19,363

26,168

37,653

0

0

0

-

-

-

-

Net cash provided by operating activities

27,041

21,416

9,205

3,901

7,650

22,256

32,951

41,076

40,589

35,633

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Cash flows from investing activities:
Capital expenditures

37,617

39,474

43,157

46,406

41,530

40,076

31,135

29,722

26,702

25,432

22,885

15,682

15,515

15,140

17,485

25,018

27,435

26,685

29,211

22,403

18,645

17,898

11,336

9,028

7,211

6,703

0

0

0

Proceeds from the sale of equity investments

-

-

-

-

-

-

-

-

-

-

-

-

-

749

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of gold and silver bullion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,050

0

0

0

Proceeds from conversion of gold and silver bullion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

660

1,316

0

0

0

Purchase of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,805

1,805

1,805

1,805

231

0

0

0

Other investing activities

-2

-2

-3

-3

-5

-6

-13

66

177

257

252

492

382

302

410

80

60

55

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-27,332

-

-27,845

-19,305

-15,560

-16,617

0

0

0

-

-

-

-

Net cash used in investing activities

-37,615

-39,472

-43,154

-46,403

-41,525

-40,070

-31,122

-29,788

-26,879

-25,689

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Cash flows from financing activities:
Proceeds from the exercise of stock options

-

98

98

235

1,115

1,261

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

100

0

0

0

-

-

-

-

Repayments of capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,362

1,553

1,501

1,493

1,483

1,476

1,469

0

0

0

-

-

-

-

Proceeds from issuance of stock

23,993

24,449

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

1,845

1,491

1,233

1,195

1,167

1,149

1,145

1,140

1,138

1,137

1,704

1,695

1,683

1,670

2,444

3,794

5,148

6,502

6,502

6,502

6,502

6,494

9,708

12,881

17,649

25,514

0

0

0

Repayment of loans payable

841

812

769

700

643

596

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of finance leases

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

20,880

21,825

26,455

24,068

14,039

3,452

-783

-742

-1,384

-1,394

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,701

-

-7,995

-7,985

-7,978

-7,863

0

0

0

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-467

-455

-350

-272

-254

-266

-277

-311

-348

-326

-235

-168

-72

23

-23

-84

-118

-146

0

0

0

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

9,839

3,314

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rates on cash and equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

11,978

-

-1,233

3,146

6,314

1,344

2,960

-7,759

-11,119

-14,719

-10,695

-8,604

1,987

12,568

7,166

-787

-9,569

-20,807

0

0

0

Supplemental Cash Flow Information
Interest expense paid

147

157

158

162

170

177

181

146

101

65

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

-

75

101

88

149

0

0

0

-

-

-

-

Income and mining taxes paid

3,731

3,743

3,989

3,667

6,547

7,068

7,160

7,031

2,484

3,102

2,764

2,369

1,348

256

1,306

2,449

4,531

9,514

0

0

0

-

-

-

-

14,328

0

0

0

Non-cash investing activities:
Change in capital expenditures in accounts payable

-3,803

-550

-475

1,170

5,798

3,302

4,466

-2,369

353

1,041

406

4,229

-759

-2,868

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in estimate for asset retirement costs

2,145

2,172

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equipment purchased through loan payable

-

330

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equipment purchased under capital lease

-

-

-

-

-

-

-

-

-

-

-

-

-

300

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issued for the acquisition of mineral rights

-

-

-

-

-

-

-

-

-

1,300

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-