Pan american silver corp (PAAS)
Balance Sheet / TTM
Dec'17Dec'16
Assets
Current assets
Cash and cash equivalents (Note 25)

175

180

Short-term investments (Note 8)

51

36

Trade and other receivables (Note 7)

109

130

Income taxes receivable

16

17

Inventories (Note 9)

218

237

Derivative financial instruments (Note 7)

1

0

Assets held for sale (Note 10)

7

0

Prepaid expenses and other current assets

13

10

Current assets

595

612

Non-current assets
Mineral properties, plant and equipment (Note 10)

1,336

1,222

Long-term refundable tax

0

7

Deferred tax assets (Note 28)

2

1

Investment in associates (Note 12)

55

49

Other assets (Note 13)

0

0

Goodwill (Note 11)

3

3

Total Assets

1,993

1,898

Liabilities
Current liabilities
Accounts payable and accrued liabilities (Note 14)

139

143

Loans payable (Note 15)

3

0

Derivative financial instruments (Note 7)

1

2

Current portion of provisions (Note 16)

8

8

Current portion of finance lease (Note 17)

5

3

Income tax payable

26

25

Current liabilities

184

184

Non-current liabilities
Long-term portion of provisions (Note 16)

61

51

Deferred tax liabilities (Note 28)

171

170

Long-term portion of finance lease (Note 17)

1

3

Long-term debt (Note 18)

0

36

Deferred revenue (Note 12)

12

11

Other long-term liabilities (Note 19)

26

27

Share purchase warrants (Note 12)

14

13

Total Liabilities

472

499

Equity
Capital and reserves (Note 20)
Issued capital

2,318

2,303

Share option reserve

22

22

Investment revaluation reserve

1

0

Deficit

-825

-931

Total Equity attributable to equity holders of the Company

1,516

1,396

Non-controlling interests

4

2

Total Equity

1,521

1,399

Total Liabilities and Equity

1,993

1,898