SUPPLEMENTAL FINANCIAL INFORMATION

12 Months Ended

Dec. 31, 2018

Supplemental Financial Information

SUPPLEMENTAL FINANCIAL INFORMATION

The components of operating expenses for continuing operations are as follows:

(in thousands)		2018		2017
Cost of goods and services sold:
Operating Overheads:
Mining, other development expense	$	(3,695)	$	(1,043)
Milling, conversion expense		(3,268)		(3,899)
Less absorption:
-Mineral properties		50		50
Cost of services		(8,420)		(8,454)
Inventory-non cash adjustments		(57)		(151)
Cost of goods and services sold		(15,390)		(13,497)
Reclamation asset amortization		(189)		(190)
Reclamation liability adjustments (note 16)		(369)		(71)
Operating expenses	$	(15,948)	$	(13,758)

The components of other income (expense) for continuing operations are as follows:

(in thousands)		2018		2017
Gains (losses) on:
Foreign exchange	$	(1)	$	(853)
Disposal of property, plant and equipment		(135)		27
Investment fair value through profit (loss) (note 10)		(5,411)		2,417
Extinguishment of toll milling contract liability (note 17)		-		899
Other		(318)		(495)
Other income (expense)	$	(5,865)	$	1,995

The components of finance income (expense) for continuing operations are as follows:

(in thousands)		2018		2017
Interest income	$	1,049	$	265
Interest expense		-		(6)
Accretion expense-deferred revenue (note 14)		(3,314)		(3,115)
Accretion expense-reclamation obligations (note 16)		(1,316)		(1,296)
Accretion expense-post-employment benefits (note 15)		(72)		(74)
Finance expense, net	$	(3,653)	$	(4,226)

A summary of depreciation expense recognized in the statement of income (loss) is as follows:

(in thousands)		2018		2017
Operating expenses:
Mining, other development expense	$	(3)	$	(6)
Milling, conversion expense		(3,264)		(3,895)
Cost of services		(233)		(303)
Exploration and evaluation		(124)		(123)
General and administrative		(37)		(44)
Depreciation expense-gross (note 13)	$	(3,661)	$	(4,371)

A summary of employee benefits expense recognized in the statement of income (loss) is as follows:

(in thousands)		2018		2017
Salaries and short-term employee benefits	$	(8,236)	$	(8,079)
Share-based compensation (note 21)		(1,835)		(1,299)
Termination benefits		(20)		(27)
Employee benefits expense-gross	$	(10,091)	$	(9,405)

The change in non-cash working capital items in the consolidated statements of cash flows is as follows:

(in thousands)		2018		2017
Change in non-cash working capital items:
Trade and other receivables	$	968	$	(1,586)
Inventories		(186)		(409)
Prepaid expenses and other assets		(213)		(99)
Accounts payable and accrued liabilities		(214)		639
Change in non-cash working capital items	$	355	$	(1,455)

The supplemental cash flow disclosure required for the consolidated statements of cash flows is as follows:

(in thousands)		2018		2017
Supplemental cash flow disclosure:
Interest paid	$	-	$	(6)
Income taxes paid		-		-