|
Income Statement Annually View: Annual Data | Quarterly Data |
(In thousands of Canadian dollars) | |||
|
PERIOD ENDING |
31-Dec-07 |
31-Dec-06 |
31-Dec-05 |
|
|
Gross metal sales |
26,792 |
11,925 |
19,915 |
|
|
Treatment charges |
3,749 |
1,006 |
1,641 |
|
|
Net metal sales |
23,043 |
$10,919 |
$18,274 |
|
|
Expenses |
||||
Operating |
38,260 |
13,897 |
16,346 |
|
Amortization of property, plant and equipment |
3,042 |
2,743 |
4,675 |
|
Write-down of properties (Note 8) |
- |
25,001 |
18,512 |
|
Write-down of the Joe Mann property |
- |
|||
General administration |
3,473 |
2,945 |
3,688 |
|
Stock-based compensation expense (Note 13c) |
336 |
496 |
||
CCAA and reorganisation costs |
779 |
6,511 |
||
Exploration |
- |
(159) |
854 |
|
Care and maintenance |
175 |
146 |
345 |
|
|
|
$46,065 |
$51,580 |
$44,420 |
|
|
Loss before the following items |
23,022 |
40,661 |
26,146 |
|
|
Interest expense on short-term loan |
312 |
501 |
392 |
|
|
Interest and financial expenses on long-term debt (Note 14) |
1,770 |
692 |
770 |
|
|
Interest income |
(151) |
(173) |
(900) |
|
|
Amortization of deferred charges related to the sale of the royalty (Note 5) |
- |
- |
1,851 |
|
|
Loss from operations |
24,953 |
$41,681 |
$28,259 |
|
|
Other (income) expense |
||||
Foreign exchange (gain) loss |
(1,217) |
31 |
(334) |
|
Gain on sale of subsidiaries |
- |
- |
||
Other income (Note 15) |
(4,748) |
(552) |
(3,577) |
|
Share of loss of affiliate |
- |
- |
||
|
|
(5,965) |
(521) |
(3,911) |
|
|
Loss before taxes and non-controlling interest |
18,988 |
41,160 |
24,348 |
|
|
Income and mining tax expense (Note 16) |
- |
35 |
82 |
|
|
|
18,988 |
41,195 |
||
|
Non-controlling interest |
- |
- |
- |
|
|
Net loss |
18,988 |
$41,195 |
$24,430 |
|
|
Weighted average number of common shares |
394,131 |
150,562 |
107,925 |
|
|
Loss per share undiluted and diluted |
0.05 |
0.27 |
0.23 |
|