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(US dollars in thousands) Assets Current assets Cash and cash equivalents Accounts receivable Cobalt inventory Other Total current assets Non-current assets Mineral stream interests Early deposit mineral stream interests Mineral royalty interest Long-term equity investments Refundable deposit - 777 PMPA Convertible notes receivable Property, plant and equipment Other Total non-current assets Total assets Liabilities Current liabilities Accounts payable and accrued liabilities Current taxes payable Current portion of performance share units Current portion of lease liabilities Total current liabilities Non-current liabilities Performance share units Lease liabilities Deferred income taxes Pension liability Total non-current liabilities Total liabilities Shareholders' equity Issued capital Reserves Retained earnings Total shareholders' equity Total liabilities and shareholders' equity /s/Randy Smallwood Randy Smallwood Director Note The accompanying notes form an integral part of these consolidated financial statements. 13 15 16 18 26 $ 696,089 $ 11 10,187 12 10,530 28 3,287 720,093 $ 19 17 20 29 27 24.1 21.2 As at December 31 2022 24.1 21.2 27 31 $ $ $ $ $ $ $ $ 22 $ 23 $ $ /s/Marilyn Schonberner Marilyn Schonberner Director As at December 31 2021 - 5,707,019 $ 5,905,797 46,092 34,741 6,606 6,606 256,095 61,477 8,073 4,210 11,718 6,039,813 $ 6,759,906 $ 12,570 $ 2,763 14,566 818 30,717 $ 226,045 11,577 8,712 3,390 249,724 6,673 1,152 165 3,524 11,514 $ 42,231 $ 17,086 5,509 15,211 6,046,427 6,296,151 13,939 132 14,807 813 29,691 11,498 2,060 100 2,685 16,343 46,034 3,698,998 3,752,662 $ 66,547 47,036 2,898,466 2,504,083 6,717,675 $ 6,250,117 6,759,906 $ 6,296,151

(US dollars in thousands) Assets Current assets Cash and cash equivalents Accounts receivable Cobalt inventory Other Total current assets Non-current assets Mineral stream interests Early deposit mineral stream interests Mineral royalty interest Long-term equity investments Refundable deposit - 777 PMPA Convertible notes receivable Property, plant and equipment Other Total non-current assets Total assets Liabilities Current liabilities Accounts payable and accrued liabilities Current taxes payable Current portion of performance share units Current portion of lease liabilities Total current liabilities Non-current liabilities Performance share units Lease liabilities Deferred income taxes Pension liability Total non-current liabilities Total liabilities Shareholders' equity Issued capital Reserves Retained earnings Total shareholders' equity Total liabilities and shareholders' equity /s/Randy Smallwood Randy Smallwood Director Note The accompanying notes form an integral part of these consolidated financial statements. 13 15 16 18 26 $ 696,089 $ 11 10,187 12 10,530 28 3,287 720,093 $ 19 17 20 29 27 24.1 21.2 As at December 31 2022 24.1 21.2 27 31 $ $ $ $ $ $ $ $ 22 $ 23 $ $ /s/Marilyn Schonberner Marilyn Schonberner Director As at December 31 2021 - 5,707,019 $ 5,905,797 46,092 34,741 6,606 6,606 256,095 61,477 8,073 4,210 11,718 6,039,813 $ 6,759,906 $ 12,570 $ 2,763 14,566 818 30,717 $ 226,045 11,577 8,712 3,390 249,724 6,673 1,152 165 3,524 11,514 $ 42,231 $ 17,086 5,509 15,211 6,046,427 6,296,151 13,939 132 14,807 813 29,691 11,498 2,060 100 2,685 16,343 46,034 3,698,998 3,752,662 $ 66,547 47,036 2,898,466 2,504,083 6,717,675 $ 6,250,117 6,759,906 $ 6,296,151

Financial Accounting Intro Concepts Meth/Uses
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter4: Balance Sheet: Presenting And Analyzing Resources And Financing
Section: Chapter Questions
Problem 14E
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Please what is the liquidity position of the above company and the liquidity trend?!?
Consolidated Statements of Earnings (US dollars and shares in thousands, except per share amounts) Sales Cost of sales Cost of sales, excluding depletion Depletion Total cost of sales Gross margin General and administrative expenses Share based compensation Donations and community investments Impairment (impairment reversal) of mineral stream interests Earnings from operations Gain on disposal of mineral stream interest Other (income) expense Earnings before finance costs and income taxes Finance costs Earnings before income taxes Income tax (expense) recovery Net earnings Basic earnings per share Diluted earnings per share Weighted average number of shares outstanding Basic Diluted 1) Presentation of historical figures have been revised to conform with current year classifications - see Note 2. Years Ended December 31 2021¹ Note 2022 6 $ 1,065,053 $ 1,201,665 The accompanying notes form an integral part of these consolidated financial statements. Consolidated Statements of Comprehensive Income (US dollars in thousands) Net earnings Other comprehensive income Items that will not be reclassified to net earnings Gain (loss) on LTIs¹ Income tax recovery (expense) related to LTIS Total other comprehensive income (loss) Total comprehensive income 1) LTIs-long-term investments-common shares held. 13 7 8 9 14 13 10 21.3 27 25 25 $ Note $ $ $ $ $ $ $ $ $ 18 $ 27 267,621 $ 231,952 $ $ 499,573 $ 565,480 $ 35,831 20,060 6,296 (8,611) 669,635 $ (509) 669,126 $ 511,904 $ 754,657 (155,868) (7,449) 675,221 $ 5,586 1.482 $ 1.479 $ 451,570 452,344 WHEATON PRECIOUS METALS 2022 ANNUAL REPORT - FINANCIAL STATEMENTS [7] 287,947 254,793 542,740 2022 669,126 $ 658,925 35,119 19,265 6,601 (156,717) 21,052 $ (6,513) 14,539 $ 683,665 $ (5,776) 760,433 5,817 754,616 269 754,885 1.677 1.673 Years Ended December 31 450,138 451,170 2021 754,885 (14,000) (2,314) (16,314) 738,571
Transcribed Image Text:Consolidated Statements of Earnings (US dollars and shares in thousands, except per share amounts) Sales Cost of sales Cost of sales, excluding depletion Depletion Total cost of sales Gross margin General and administrative expenses Share based compensation Donations and community investments Impairment (impairment reversal) of mineral stream interests Earnings from operations Gain on disposal of mineral stream interest Other (income) expense Earnings before finance costs and income taxes Finance costs Earnings before income taxes Income tax (expense) recovery Net earnings Basic earnings per share Diluted earnings per share Weighted average number of shares outstanding Basic Diluted 1) Presentation of historical figures have been revised to conform with current year classifications - see Note 2. Years Ended December 31 2021¹ Note 2022 6 $ 1,065,053 $ 1,201,665 The accompanying notes form an integral part of these consolidated financial statements. Consolidated Statements of Comprehensive Income (US dollars in thousands) Net earnings Other comprehensive income Items that will not be reclassified to net earnings Gain (loss) on LTIs¹ Income tax recovery (expense) related to LTIS Total other comprehensive income (loss) Total comprehensive income 1) LTIs-long-term investments-common shares held. 13 7 8 9 14 13 10 21.3 27 25 25 $ Note $ $ $ $ $ $ $ $ $ 18 $ 27 267,621 $ 231,952 $ $ 499,573 $ 565,480 $ 35,831 20,060 6,296 (8,611) 669,635 $ (509) 669,126 $ 511,904 $ 754,657 (155,868) (7,449) 675,221 $ 5,586 1.482 $ 1.479 $ 451,570 452,344 WHEATON PRECIOUS METALS 2022 ANNUAL REPORT - FINANCIAL STATEMENTS [7] 287,947 254,793 542,740 2022 669,126 $ 658,925 35,119 19,265 6,601 (156,717) 21,052 $ (6,513) 14,539 $ 683,665 $ (5,776) 760,433 5,817 754,616 269 754,885 1.677 1.673 Years Ended December 31 450,138 451,170 2021 754,885 (14,000) (2,314) (16,314) 738,571
Consolidated Balance Sheets (US dollars in thousands) Assets Current assets Cash and cash equivalents Accounts receivable Cobalt inventory Other Total current assets Non-current assets Mineral stream interests Early deposit mineral stream interests Mineral royalty interest Long-term equity investments Refundable deposit - 777 PMPA Convertible notes receivable Property, plant and equipment Other Total non-current assets Total assets Liabilities Current liabilities Accounts payable and accrued liabilities Current taxes payable Current portion of performance share units Current portion of lease liabilities Total current liabilities Non-current liabilities Performance share units Lease liabilities Deferred income taxes Pension liability Total non-current liabilities Total liabilities Shareholders' equity Issued capital Reserves Retained earnings Total shareholders' equity Total liabilities and shareholders' equity /s/ Randy Smallwood Randy Smallwood Director Note The accompanying notes form an integral part of these consolidated financial statements. 26 $ 11 12 28 13 15 16 18 197 20 29 As at December 31 2022 27 24.1 21.2 24.1 21.2 27 31 $ 13 $ 5,707,019 $ 5,905,797 $ $ $ $ $ $ 22 $ 23 $ $ /s/Marilyn Schonberner Marilyn Schonberner Director 696,089 $ 10,187 10,530 3,287 720,093 $ As at December 31 2021 46,092 6,606 256,095 8,073 226,045 11,577 8,712 3,390 249,724 12,570 $ 2,763 14,566 818 30,717 $ 17,086 4,210 5,509 11,718 15,211 6,039,813 $ 6,046,427 6,759,906 $ 6,296,151 6,673 1,152 165 3,524 11,514 $ 42,231 $ 34,741 6,606 61,477 13,939 132 14,807 813 29,691 11,498 2,060 100 2,685 16,343 46,034 3,752,662 $ 3,698,998 66,547 47,036 2,898,466 2,504,083 6,717,675 $ 6,250,117 6,759,906 $ 6,296,151
Transcribed Image Text:Consolidated Balance Sheets (US dollars in thousands) Assets Current assets Cash and cash equivalents Accounts receivable Cobalt inventory Other Total current assets Non-current assets Mineral stream interests Early deposit mineral stream interests Mineral royalty interest Long-term equity investments Refundable deposit - 777 PMPA Convertible notes receivable Property, plant and equipment Other Total non-current assets Total assets Liabilities Current liabilities Accounts payable and accrued liabilities Current taxes payable Current portion of performance share units Current portion of lease liabilities Total current liabilities Non-current liabilities Performance share units Lease liabilities Deferred income taxes Pension liability Total non-current liabilities Total liabilities Shareholders' equity Issued capital Reserves Retained earnings Total shareholders' equity Total liabilities and shareholders' equity /s/ Randy Smallwood Randy Smallwood Director Note The accompanying notes form an integral part of these consolidated financial statements. 26 $ 11 12 28 13 15 16 18 197 20 29 As at December 31 2022 27 24.1 21.2 24.1 21.2 27 31 $ 13 $ 5,707,019 $ 5,905,797 $ $ $ $ $ $ 22 $ 23 $ $ /s/Marilyn Schonberner Marilyn Schonberner Director 696,089 $ 10,187 10,530 3,287 720,093 $ As at December 31 2021 46,092 6,606 256,095 8,073 226,045 11,577 8,712 3,390 249,724 12,570 $ 2,763 14,566 818 30,717 $ 17,086 4,210 5,509 11,718 15,211 6,039,813 $ 6,046,427 6,759,906 $ 6,296,151 6,673 1,152 165 3,524 11,514 $ 42,231 $ 34,741 6,606 61,477 13,939 132 14,807 813 29,691 11,498 2,060 100 2,685 16,343 46,034 3,752,662 $ 3,698,998 66,547 47,036 2,898,466 2,504,083 6,717,675 $ 6,250,117 6,759,906 $ 6,296,151
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