| Dec'17 | Dec'16 | |||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss for the year | ||||||
1,290 | -4,118 | |||||
Items not involving cash: | ||||||
Amortization and depletion | ||||||
3,954 | 5,576 | |||||
Impairment charges | ||||||
0 | 1,679 | |||||
Unrealized foreign exchange loss (gain) | ||||||
-159 | 10,692 | |||||
Income tax expense (recovery) | ||||||
1,466 | 1,509 | |||||
Share-based compensation | ||||||
1,413 | 1,026 | |||||
Other non-cash items | ||||||
-39 | -306 | |||||
Total items not involving cash | ||||||
7,925 | 16,058 | |||||
Interest received | ||||||
631 | 142 | |||||
Income taxes paid | ||||||
2,187 | 225 | |||||
Cash flows from (used in) operations before changes in working capital | ||||||
6,369 | 15,975 | |||||
Changes in non-cash working capital: | ||||||
Trade and other receivables | ||||||
-3,688 | -2,285 | |||||
Inventories | ||||||
355 | -94 | |||||
Other current assets | ||||||
135 | 215 | |||||
Trade payables and accrued liabilities | ||||||
2,532 | -179 | |||||
Net cash from operating activities | ||||||
5,703 | 13,632 | |||||
Cash flows from investing activities: | ||||||
Additions to mineral properties, plant and equipment | ||||||
5,265 | 4,695 | |||||
Investments in short-term deposits | ||||||
5,071 | 15,020 | |||||
Cash received upon acquisition of Coricancha | ||||||
105 | 0 | |||||
Proceeds from disposal of plant and equipment | ||||||
186 | 0 | |||||
Cash restricted for Coricancha environmental bond | ||||||
-1,234 | 0 | |||||
Net cash used in investing activities | ||||||
-11,279 | -19,715 | |||||
Cash flows from financing activities: | ||||||
Proceeds from financings, net of expenses | ||||||
0 | 33,084 | |||||
Proceeds from exercise of share options | ||||||
1,207 | 2,240 | |||||
Net cash from financing activities | ||||||
1,207 | 35,324 | |||||
Effect of foreign currency translation on cash and cash equivalents | ||||||
-476 | -1,284 | |||||
Increase (decrease) in cash and cash equivalents | ||||||
-4,845 | 27,957 | |||||