Consolidated Balance Sheets
(Expressed in thousands of United States dollars - Unaudited)
| |
As at,
September 30, 2007 |
|
| |
|
|
| ASSETS |
|
|
| |
|
|
| CURRENT |
|
|
| Cash |
44,502 |
131,937 |
| Restricted cash |
6,363 |
5,665 |
| Accounts receivable |
40,270 |
4,363 |
| Prepaid expenses and deposits |
1,697 |
1,445 |
| Inventories and stockpiled ore (Note 4) |
43,905 |
23,243 |
| Investment in Golden Star Resources Limited |
- |
1,056 |
| |
136,737 |
167,709 |
| INVESTMENT IN CREW MINERALS ASA (Note 5) |
13,883 |
- |
| MINING INTERESTS (Note 6(a)) |
422,280 |
396,775 |
| PROPERTY, PLANT AND EQUIPMENT (Note 6(b)) |
310,028 |
244,190 |
| GOODWILL (Note 6(c)) |
104,592 |
104,592 |
| OTHER MINERAL PROPERTY INTERESTS |
817 |
1,889 |
| OTHER ASSETS |
2,346 |
2,907 |
| |
990,683 |
918,062 |
| |
|
|
| LIABILITIES |
|
|
| |
|
|
| CURRENT |
|
|
| Accounts payable and accrued liabilities (Note 14) |
70,638 |
38,791 |
| |
|
|
| RECLAMATION AND CLOSURE COST OBLIGATIONS |
3,196 |
3,196 |
| CONVERTIBLE BONDS (Note 7) |
225,636 |
191,509 |
| OTHER LONG-TERM DEBT (Note 8) |
140,465 |
128,011 |
| FUTURE INCOME TAXES |
96,033 |
96,462 |
| NON-CONTROLLING INTERESTS |
- |
40,734 |
| |
535,968 |
498,703 |
| |
|
|
| SHAREHOLDERS' EQUITY |
|
|
| |
|
|
| Share capital (Note 9) |
573,199 |
508,106 |
| Equity component of convertible bonds (Note 7) |
15,607 |
15,607 |
| Contributed surplus |
10,049 |
4,275 |
| Accumulated other comprehensive income (Note 10) |
538 |
761 |
| Deficit |
(144,678) |
(109,390) |
| |
454,715 |
419,359 |
| |
990,683 |
918,062 |
CONTINUING OPERATIONS (Note 1)
SUBSEQUENT EVENTS (Note 13)
ON BEHALF OF THE BOARD:
| "Simon J. Russell" |
|
"Jan A. Vestrum" |
| Simon J. Russell, Director |
|
Jan A. Vestrum, Director |
|
