Mcewen mining inc. (MUX)
Balance Sheet / Yearly
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'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

28,774

46,452

4,262

9,325

11,907

15,756

40,839

16,028

29,904

27,153

68,962

24,781

28,890

37,440

38,812

36,749

34,623

25,874

30,902

22,371

16,569

12,380

17,622

15,149

19,471

24,321

31,062

34,773

45,122

70,921

18,520

23,398

41,133

13,416

32,807

53,351

6,818

Investments (note 5)

875

1,885

3,224

5,147

4,222

3,131

3,162

2,312

2,573

7,971

9,225

11,096

15,329

8,543

7,056

4,692

460

1,032

855

1,334

1,945

1,082

-

-

-

2

-

-

-

-

-

-

-

-

-

-

-

Receivables, prepaids and other assets (note 6)

5,138

5,265

6,268

4,605

-

3,765

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,095

3,933

-

3,710

-

Marketable equity securities - note 4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

486

1,104

1,480

2,248

-

4,576

Investment in gold and silver bullion (market value: 2013 - nil; 2012 - $2,062) (note 4)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,416

1,690

1,690

1,690

12,963

17,922

22,810

26,613

-

4,569

Value added taxes receivable

-

-

-

-

1,204

-

2,751

4,934

5,099

5,250

7,913

8,283

6,340

4,304

3,275

2,455

4,126

10,032

10,855

10,455

10,405

11,739

10,873

14,483

13,081

11,591

10,129

9,031

7,887

9,150

8,139

6,068

3,962

2,983

-

-

-

Inventories (note 7)

38,327

38,376

34,368

32,987

30,682

22,039

27,806

27,299

29,051

31,951

19,560

20,018

29,453

26,620

22,337

19,172

15,769

14,975

12,425

13,771

12,931

12,404

9,202

10,170

9,323

8,800

7,807

7,967

6,692

7,262

2,783

-

-

139

-

-

-

Restricted cash (note 18)

-

-

8,764

13,112

14,762

14,685

-

3,621

8,837

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gold and silver bullion (market value - $36,766) - note 3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,220

-

Other current assets

-

-

-

-

2,883

-

3,212

4,026

4,161

4,539

2,790

1,896

1,703

1,667

3,323

1,636

1,994

2,530

1,831

7,532

1,697

2,096

2,005

2,279

1,817

2,057

1,922

4,617

5,289

2,895

4,882

2,967

3,751

3,122

3,054

3,645

1,259

Other inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

834

2,379

-

-

-

-

Assets held for sale - note 7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,763

-

-

-

-

-

Total current assets

73,114

91,978

56,886

65,176

65,660

59,376

77,770

58,220

79,625

86,864

108,450

66,074

81,715

78,574

74,803

64,704

56,972

54,443

56,868

55,463

43,547

39,701

39,702

42,081

43,692

46,771

50,920

57,804

66,680

91,918

36,020

48,479

73,346

47,883

64,722

94,926

17,222

Mineral property interests and plant and equipment, net (note 8)

333,651

418,791

-

-

-

423,879

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mineral property interests, net (note 4)

-

-

-

-

-

-

301,704

302,540

296,034

293,437

282,721

283,170

242,107

242,640

242,350

243,051

237,373

237,245

257,106

258,625

287,490

287,812

521,526

521,884

642,646

642,968

724,841

731,449

766,675

767,067

785,278

843,764

842,732

245,454

245,453

236,224

235,153

Mineral property interests and plant and equipment, net (note 7)

-

-

424,837

436,120

435,659

-

101,037

74,187

57,828

51,046

14,049

14,360

14,255

14,252

14,525

14,011

15,664

15,759

17,739

17,849

17,816

17,896

18,085

16,972

16,917

15,143

15,143

11,599

12,660

12,767

13,483

13,742

14,472

11,772

11,715

11,316

4,391

Restricted time deposits for reclamation bonding (note 6)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

4,817

5,183

5,183

5,183

5,183

5,183

5,183

5,190

5,190

5,190

5,190

5,190

5,190

4,777

Investment in Minera Santa Cruz S.A. (note 8)

107,507

110,183

116,994

119,347

123,484

127,814

133,254

140,356

145,001

150,064

154,590

157,320

159,985

162,320

167,626

170,807

169,444

167,107

172,506

174,147

177,347

177,018

203,614

210,425

216,031

212,947

177,080

176,282

273,711

273,948

271,180

225,989

226,197

-

-

-

-

Inventories, long-term (note 7)

8,685

9,603

7,737

-

-

4,591

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

669

668

757

2,564

4,173

1,281

6,881

9,707

9,659

10,718

11,227

10,348

1,316

532

531

531

537

531

531

531

533

531

531

91

142

54

84

54

54

54

54

54

56

56

6

4

82

TOTAL ASSETS

523,626

631,223

607,211

623,207

628,976

616,941

620,646

585,010

588,147

592,129

571,037

531,272

499,378

498,318

499,835

493,104

479,990

475,085

504,750

506,615

526,733

522,958

783,460

796,270

924,611

923,066

973,251

982,371

1,124,963

1,150,937

1,111,205

1,137,218

1,161,993

310,355

327,086

347,660

261,625

LIABILITIES & SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable and accrued liabilities

27,805

34,070

32,110

28,726

27,292

30,817

37,608

37,637

38,268

34,880

25,082

18,388

22,836

20,044

19,057

16,849

17,072

18,429

19,227

20,219

19,875

21,654

18,310

12,238

11,930

9,797

10,041

10,694

12,645

21,235

7,181

8,223

8,678

5,612

5,673

3,581

2,718

Flow-through share premium (note 13)

-

-

839

2,344

2,893

2,950

-

301

1,000

1,643

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt, current portion (note 10)

8,000

5,000

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt to related party, current portion (note 10)

8,000

5,000

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of capital lease liabilities (note 20)

-

-

-

-

-

-

1,039

248

321

470

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term bank indebtedness

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,395

5,171

5,764

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities, current portion

2,117

2,115

2,045

2,007

1,710

1,511

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset retirement obligation, current portion (note 11)

1,905

2,610

1,435

1,218

1,087

734

1,233

834

743

646

689

689

530

537

174

215

215

215

2,514

2,485

2,456

2,427

1,458

1,455

1,454

1,392

1,351

1,311

1,272

130

323

510

458

512

624

509

461

Current deferred income tax liability - note 7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

393

393

393

Other current liabilities - note 7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78

124

108

Total current liabilities

47,827

48,795

40,429

34,295

32,982

36,012

39,880

39,020

40,332

37,639

25,771

19,077

23,366

20,581

19,231

17,064

17,287

22,039

26,912

28,468

22,331

24,081

19,768

13,693

13,384

11,189

11,392

12,005

13,917

25,195

7,504

8,733

9,136

6,124

6,768

4,607

3,680

Litigation settlement liability (notes 10 and 17)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,830

-

-

-

-

-

-

-

Deferred rent expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

278

-

295

304

311

319

328

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities, long-term

4,356

5,018

5,465

6,001

5,611

4,918

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income and mining tax liability (note 9)

-

-

-

-

-

-

5,286

6,744

8,176

8,430

23,363

23,301

22,121

23,665

24,180

24,641

25,014

26,899

36,875

38,201

50,652

51,899

106,150

114,864

139,898

158,855

198,497

210,654

223,059

229,522

242,761

268,615

274,630

78,786

78,573

78,573

78,573

Capital lease liabilities, less current portion (note 20)

-

-

-

-

-

-

3,078

-

40

81

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt (note 10)

16,799

19,758

22,718

24,678

24,640

24,603

24,566

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt to related party (note 10)

16,799

19,758

22,718

24,678

24,640

24,603

24,566

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset retirement obligation, long-term (note 11)

29,998

29,591

28,319

33,771

32,380

28,668

28,060

28,824

24,399

24,076

9,995

9,663

9,411

9,306

7,951

7,826

7,693

7,569

5,654

5,572

5,116

5,044

5,976

5,940

5,894

5,855

5,265

5,237

5,200

6,229

6,169

6,108

5,941

5,741

5,735

5,819

5,692

Other liabilities

3,604

3,910

4,018

5,208

4,077

5,765

554

593

581

630

657

686

1,705

1,727

1,261

1,270

-

286

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

400

Deferred income and mining tax liability

3,805

4,914

5,836

6,562

6,449

6,426

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

123,188

131,744

129,503

135,193

130,779

130,995

125,990

75,181

73,528

70,856

59,786

52,727

56,603

55,279

52,623

50,801

50,272

56,793

70,136

72,945

78,810

81,743

132,622

134,897

159,576

176,299

215,554

228,296

242,576

261,346

256,834

283,856

290,107

91,051

91,476

89,399

88,345

Commitments and Contingencies (note 14)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Shareholders' equity:
Common stock and additional paid-in capital, no par value, 500,000 shares authorized (in thousands); Common: 400,399 as of March 31, 2020 and 400,339 as of December 31, 2019 issued and outstanding (in thousands) (note 12)

1,530,852

1,530,702

1,483,799

1,480,006

1,477,342

1,457,422

1,445,143

1,443,203

1,442,613

1,447,879

1,435,953

1,397,780

1,359,224

1,360,345

1,359,846

1,359,435

1,357,424

1,359,144

1,360,655

1,361,865

1,361,520

1,360,668

1,357,934

1,355,434

1,355,076

1,354,696

1,354,279

1,353,924

1,353,555

1,349,777

1,288,478

1,287,343

1,285,991

613,831

613,064

612,124

504,389

Warrants (note 12)

-

-

-

2,634

2,467

-

-

3,823

3,823

-

3,822

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-1,130,414

-1,031,223

-1,006,091

-994,626

-981,612

-971,476

-950,487

-937,197

-931,817

-929,606

-931,772

-923,700

-921,990

-918,972

-914,481

-918,689

-927,042

-940,027

-925,039

-927,672

-913,556

-919,577

-706,802

-693,769

-589,747

-607,634

-596,291

-599,555

-470,874

-459,892

-433,816

-433,691

-412,440

-393,238

-376,934

-353,254

-331,366

Accumulated other comprehensive income

-

-

-

-

-

-

-

-

-

3,000

3,248

4,465

5,541

1,666

1,847

1,557

-664

-825

-1,002

-523

-41

124

-294

-292

-294

-295

-291

-294

-294

-294

-291

-290

-1,665

-1,289

-520

-609

257

Total shareholders' equity

400,438

499,479

477,708

488,014

498,197

485,946

494,656

509,829

514,619

521,273

511,251

478,545

442,775

443,039

447,212

442,303

429,718

418,292

434,614

433,670

447,923

441,215

650,838

661,373

765,035

746,767

757,697

754,075

882,387

889,591

854,371

853,362

871,886

219,304

235,610

258,261

173,280

TOTAL LIABILITIES & SHAREHOLDERS' EQUITY

523,626

631,223

607,211

623,207

628,976

616,941

620,646

585,010

588,147

592,129

571,037

531,272

499,378

498,318

499,835

493,104

479,990

475,085

504,750

506,615

526,733

522,958

783,460

796,270

924,611

923,066

973,251

982,371

1,124,963

1,150,937

1,111,205

1,137,218

1,161,993

310,355

327,086

347,660

261,625