Gran tierra energy inc. (GTE)
Balance Sheet / 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'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
Current Assets
Cash and Cash Equivalents, at Carrying Value

39

8

13

147

32

51

130

125

160

12

15

53

26

25

48

171

51

145

186

166

203

331

360

332

390

428

353

281

235

212

127

128

230

351

226

211

253

355

308

293

270

Restricted Cash and Cash Equivalents, Current

0

0

0

0

1

1

1

2

3

11

3

5

7

8

13

9

18

0

0

0

0

-

0

0

0

1

3

2

1

1

2

4

2

1

2

11

7

0

0

0

1

Accounts receivable

7

36

27

38

43

26

64

63

49

45

38

35

46

45

20

43

35

29

21

51

64

83

104

111

106

49

143

114

147

119

171

95

145

69

143

156

137

43

73

74

35

Investment (Note 10)

26

94

41

53

31

32

37

32

21

25

-

-

-

0

2

3

5

6

7

9

7

7

11

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivatives (Note 10)

-

-

-

-

-

-

-

0

3

-

0

2

1

0

5

7

-

0

-

-

-

-

0

0

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

-

-

-

-

-

-

-

-

-

-

6

7

7

7

11

9

10

19

19

33

16

17

13

25

14

13

16

14

18

33

21

27

14

7

6

7

6

5

5

6

4

Taxes receivable

80

135

100

87

96

78

70

62

55

40

34

24

23

26

31

30

34

28

27

28

8

15

10

14

13

9

6

7

14

39

20

19

19

21

21

20

16

6

2

1

1

Prepaid taxes (Notes 2 and 9)

-

-

-

-

-

-

-

-

-

-

0

0

0

12

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

31

15

16

13

14

13

14

14

10

9

2

3

4

5

3

5

5

5

3

3

5

7

3

4

7

6

5

3

4

4

2

3

4

3

2

2

3

1

1

2

1

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

0

-

1

1

0

2

2

1

1

2

3

3

3

3

2

2

2

4

2

3

4

Total Current Assets

184

290

200

340

220

202

318

302

304

145

101

131

117

131

136

280

162

234

266

295

307

463

506

504

536

512

530

426

423

413

350

280

419

457

404

411

427

418

394

382

320

Oil and Gas Properties (using the full cost method of accounting)
Oil and Gas Properties
Proved

1,254

1,258

1,063

992

914

853

804

750

676

629

508

473

460

412

429

372

472

469

546

721

770

801

768

760

795

794

790

801

802

813

680

665

627

618

579

567

544

442

431

440

474

Unproved

300

310

504

502

523

456

441

423

452

464

613

610

620

647

766

366

373

310

326

324

334

316

516

479

489

456

435

445

418

383

428

425

433

417

430

434

402

278

270

248

234

Total Oil and Gas Properties

1,555

1,569

1,568

1,494

1,438

1,310

1,245

1,174

1,129

1,094

1,122

1,083

1,080

1,060

1,196

738

845

780

872

1,046

1,105

1,117

1,284

1,239

1,285

1,250

1,225

1,247

1,220

1,196

1,109

1,091

1,061

1,036

1,010

1,001

946

721

702

689

709

Other capital assets

6

7

5

5

6

2

2

3

4

5

5

5

6

6

7

8

8

8

9

10

10

11

9

9

10

10

9

9

8

8

9

8

8

7

7

7

6

5

5

4

3

Total Property, Plant and Equipment (Note 3)

1,562

1,577

1,573

1,500

1,444

1,312

1,248

1,178

1,134

1,099

1,127

1,088

1,087

1,066

1,203

747

854

788

882

1,057

1,116

1,128

1,294

1,248

1,295

1,260

1,234

1,256

1,229

1,205

1,118

1,100

1,069

1,044

1,017

1,009

953

727

707

693

712

Other Long-Term Assets
Deferred tax assets

0

44

44

46

44

45

58

18

43

57

66

82

100

1

-

-

-

3

0

0

0

-

1

1

1

1

2

2

2

1

9

7

6

4

13

12

2

0

7

7

7

Prepaid taxes (Notes 2 and 9)

-

-

-

-

-

-

-

-

-

-

0

0

0

41

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash and cash equivalents (Notes 7 and 11)

-

-

-

-

-

-

-

-

-

-

10

9

-

-

9

6

6

-

3

3

3

-

2

2

2

2

3

3

2

1

33

33

43

13

1

1

2

1

0

0

0

Taxes receivable

58

25

29

30

-

0

-

-

-

-

-

-

-

-

9

9

8

-

9

13

15

9

9

10

14

18

14

13

2

1

1

-

-

0

-

-

-

-

-

-

-

Investment (Note 13)

-

-

4

6

8

8

17

15

15

19

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

1

4

4

4

4

4

5

5

6

6

13

13

24

23

24

15

13

16

6

6

4

9

6

7

6

7

6

6

7

6

6

9

4

3

0

0

0

0

0

0

0

Goodwill (Note 4)

0

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

Total Other Long-Term Assets

60

176

185

190

159

161

184

141

168

185

193

209

227

169

146

134

131

122

122

126

126

121

122

124

127

131

129

129

117

113

153

153

157

124

117

116

107

104

111

111

110

Total Assets

1,807

2,044

1,959

2,031

1,824

1,676

1,750

1,622

1,606

1,429

1,423

1,429

1,432

1,367

1,487

1,162

1,148

1,146

1,270

1,479

1,549

1,714

1,923

1,878

1,959

1,904

1,894

1,812

1,771

1,732

1,623

1,534

1,646

1,626

1,539

1,537

1,488

1,249

1,212

1,186

1,143

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Accounts payable and accrued liabilities

139

195

201

184

186

154

164

126

126

126

119

95

112

107

96

65

77

70

-

-

-

187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

34

44

-

49

58

51

72

70

66

66

102

55

51

37

82

41

49

42

76

37

39

36

Accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

53

60

-

89

98

103

89

79

79

78

66

67

55

90

66

63

74

60

32

47

31

40

Derivatives (Note 10)

5

0

0

0

1

1

17

27

21

21

0

0

0

3

-

-

-

0

0

0

1

-

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other current liabilities

2

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term debt (Notes 6 and 11)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

127

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency derivative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank debt (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31

31

-

-

-

-

Taxes payable

-

-

0

0

3

4

9

3

23

9

2

2

38

38

6

1

0

1

0

2

8

25

29

13

121

102

88

41

31

22

35

13

120

95

69

40

66

43

38

32

28

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

-

1

1

1

1

1

1

0

0

-

-

-

0

-

-

-

-

-

-

-

Replacement warrants (Notes 3 and 6)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

Asset retirement obligation

-

-

-

-

-

-

-

0

0

-

0

0

1

5

3

2

3

2

4

5

9

8

7

4

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Equity compensation award liability (Note 7 and 13)

-

-

3

4

5

9

16

11

8

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Current Liabilities

147

199

205

189

197

169

208

169

180

156

122

98

151

155

234

69

81

73

75

95

125

224

177

176

279

266

241

188

176

191

158

119

248

244

174

196

202

152

123

103

105

Long-Term Liabilities
Long-term debt (Notes 5 and 10)

786

700

637

692

516

399

398

398

397

256

229

263

193

197

172

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

42

59

53

47

29

23

28

24

26

28

29

32

36

107

161

5

30

34

74

156

158

176

168

179

169

177

183

190

211

225

197

196

198

186

211

231

216

204

213

211

216

Convertible senior notes (Notes 6 and 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

3

3

3

5

7

6

6

10

10

0

-

-

-

Deferred remittance tax and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

1

1

0

Asset retirement obligation

43

43

48

43

43

43

38

35

33

31

43

41

42

38

45

40

43

31

27

25

25

27

19

15

22

21

20

19

18

18

15

12

12

12

10

10

9

4

5

4

4

Equity compensation award liability (Note 6 and 10)

0

4

4

4

4

8

14

9

5

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

4

4

4

7

7

2

9

9

9

8

13

11

11

11

11

10

8

4

6

7

7

8

12

11

10

9

9

7

7

3

1

2

2

2

0

5

-

1

-

-

-

Total Long-Term Liabilities

877

812

748

795

601

477

490

477

472

336

316

349

283

353

390

166

82

70

108

189

191

213

200

206

203

208

213

219

241

250

218

216

219

207

229

258

237

210

219

217

221

Contingencies (Note 9)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

Shareholders’ Equity
Common Stock (Note 6) (366,981,556 and 366,981,556 shares issued and outstanding of Common Stock, par value $0.001 per share, as at March 31, 2020, and December 31, 2019, respectively)

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

9

8

7

7

7

7

7

5

5

5

4

4

3

1

Additional paid-in capital

1,283

1,282

1,282

1,295

1,312

1,318

1,328

1,328

1,326

1,327

1,334

1,334

1,343

1,342

1,218

1,052

1,047

1,019

1,022

1,028

1,026

1,026

1,025

1,019

1,011

1,008

1,006

1,004

1,001

998

995

992

983

980

975

971

968

821

817

811

766

Warrants (Note 7)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

1

1

1

2

2

2

3

27

Deficit

-511

-260

-287

-258

-296

-298

-287

-363

-383

-401

-360

-363

-356

-493

-366

-136

-73

-28

54

156

194

239

509

465

456

410

423

390

342

284

242

197

184

185

152

103

71

58

44

48

20

Total Shareholders’ Equity

781

1,032

1,005

1,046

1,025

1,029

1,051

975

953

936

984

980

996

858

862

925

984

1,001

1,087

1,194

1,231

1,276

1,545

1,495

1,477

1,429

1,439

1,404

1,353

1,291

1,246

1,198

1,178

1,174

1,135

1,082

1,047

886

869

865

816

Total Liabilities and Shareholders’ Equity

1,807

2,044

1,959

2,031

1,824

1,676

1,750

1,622

1,606

1,429

1,423

1,429

1,432

1,367

1,487

1,162

1,148

1,146

1,270

1,479

1,549

1,714

1,923

1,878

1,959

1,904

1,894

1,812

1,771

1,732

1,623

1,534

1,646

1,626

1,539

1,537

1,488

1,249

1,212

1,186

1,143