Golden star resources ltd. (GSS)
CashFlow / Quarterly
Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
OPERATING ACTIVITIES:
Net income/(loss)

-8,236

7,913

-30,529

3,342

9,059

7,337

-9,429

-5,865

5,455

-16,402

15,318

-4,642

-8,879

Depreciation, depletion and amortization

20,157

29,160

25,541

25,175

19,050

19,353

15,621

15,274

21,218

23,384

22,558

27,376

25,457

Amortization of loan acquisition cost

0

0

0

0

895

570

321

318

354

335

1,088

-159

-36

Loss/(gain) on sale of investments

-

-

-70

-25

-

-

0

0

0

-

-

-

-

Loss on extinguishment of debt

-

-

14

-582

-

-

0

0

-

-

-

-

-

Gain on sale of assets

72

9,079

52

76

22,370

1,014

338

-2

0

-477

-4

-71

1,724

Non-cash employee compensation

1,694

1,374

1,033

1,125

2,579

601

564

879

1,341

607

449

502

1,417

Deferred income tax expense

-1,153

-2,648

4,002

2,931

12,531

-940

2,908

3,040

3,307

2,413

-215

152

1,024

Fair value of derivatives loss

0

0

0

0

-162

7,056

-1,700

-930

-4,249

-416

312

-812

1,131

Fair value (gain)/loss on convertible debt

-7,646

-4,107

30,055

1,145

892

-3,946

2,084

-6,107

-18,185

-829

-18,965

8,949

14,053

Accretion of asset retirement obligations

634

705

703

705

703

-1,455

2,184

2,183

933

1,001

601

601

600

Reclamation expenditures

883

814

967

1,847

2,575

6,651

8,416

7,945

3,883

4,171

1,934

2,049

1,551

Changes in working capital

2,315

-

5,530

-

3,042

-

-4,268

-

-

-

-

-

-

Reconciliation, Total

-

-

-

33,107

-

-

-

2,709

14,789

-

18,592

31,613

29,230

Accounts receivable

-

-

-

-1,005

-

-

-

1,779

1,025

-

-9,214

11,692

735

Inventories

-

-

-

8,492

-

-

-

15

406

-

3,016

291

3,901

Deposits

-

-

-

591

-

-

-

245

-945

-

-1,495

-364

-84

Accounts payable and accrued liabilities

-

-

-

-8,546

-

-

-

-2,185

-16,614

-

6,388

6,722

-2,119

Other

-

-

-

-95

-

-

-

-425

-1,664

-

-59

1,399

-1,083

Net cash provided by operating activities

2,180

34,524

24,312

17,570

17,884

19,491

11,467

-1,450

-5,865

18,129

29,624

27,387

21,476

Expenditures on mining properties

14,106

12,440

11,079

7,326

12,537

19,785

12,211

9,191

8,840

9,908

15,253

7,217

1,964

Expenditures on property, plant and equipment

3,553

17,497

7,996

7,492

12,128

17,812

13,678

9,951

9,912

3,594

9,966

5,461

11,828

Cash securing letters of credit (used)/refunded

-

-

-

-

-

-

-

-

-

-

-2,598

-

-

Change in accounts payable and deposits on mine equipment and material

-730

4,704

2,544

1,007

-3,696

2,592

2,499

-4,077

893

4,720

-5,186

2,593

-1,226

Increase in restricted cash

-

-

755

-

-

-

0

-

-

-

-

-

-

Cash used for equity investments

0

-

0

0

938

-

1,200

0

0

-

-

-

-

Proceeds from sale of investments

-72

-

-

-

-6,605

-

-

-

-

-

-

-

-

Other

-

-

-399

-80

-

-1,235

-681

0

0

-46

752

-1,332

-2,114

Net cash used in investing activities

-18,317

-15,742

-16,887

-13,731

-22,694

-32,570

-23,909

-23,219

-17,859

-11,334

-28,559

-8,753

-12,904

Principal payments on debt

1,879

46,330

8,055

2,271

2,150

2,437

2,622

2,573

2,765

12,825

8,814

8,197

8,213

Proceeds from debt agreements and equipment financing

0

0

1,124

350

7,036

5,014

1,391

3,470

0

0

11,168

4,506

10,000

Other

152

-

-

0

91

-

-

26

132

-2,206

-646

1,437

405

Exercise of options

-

-

99

0

-

-

52

0

-

-

-

-

-

Net cash used in financing activities

-1,727

-46,220

-6,832

-1,921

4,977

2,429

-1,179

923

-2,633

-12,783

1,708

-2,254

2,192

Decrease/(increase) in cash and cash equivalents

-17,864

-27,438

593

1,918

167

-10,650

-13,621

-23,746

-26,357

-5,988

2,773

16,380

10,764