XML 76 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 227,790 $ 418,855
Trade accounts receivable, net (Note 2) 52,430 70,679
Inventory (Note 5) 287,376 111,943
Deferred charges (Note 15) 9,412 7,318
Deferred tax assets (Note 15) 9,789 0
Income tax receivable 25,087 10,514
Prepaid expenses and other current assets 21,794 19,735
Total current assets 633,678 639,044
Non-current assets:    
Deposits (Note 6) 26,769 23,286
Property, plant and equipment, net (Note 7) 1,544,304 561,628
Inventory (Note 5) 26,096 4,362
Intangible assets, net (Note 9) 450,938 3,072
Investments 64,036 20,000
Goodwill (Note 9) 239,742 3,432
Other non-current assets 6,972 301
Total non-current assets 2,358,857 616,081
Total assets 2,992,535 1,255,125
Current liabilities:    
Trade accounts payable 241,994 161,587
Accrued expenses (Note 12) 59,013 12,898
Income tax payable 15,267 0
Deferred tax liabilities (Note 15) 0 1,356
Debt and capital lease obligations (Note 14) 39,604 1,516
Other current liabilities 3,539 1,266
Total current liabilities 359,417 178,623
Non-current liabilities:    
Asset retirement obligation (Note 13) 18,586 15,145
Deferred tax liabilities (Note 15) 160,675 18,899
Debt and capital lease obligations (Note 14) 1,188,832 196,545
Derivative liability (Note 25) 7,816 0
Pension liabilities (Note 26) 3,292 0
Other non-current liabilities 2,659 683
Total non-current liabilities 1,381,860 231,272
Total liabilities 1,741,277 409,895
Commitments and contingencies (Note 19)      
Stockholders’ equity:    
Common stock, $0.001 par value; 350,000,000 shares authorized at December 31, 2012 (Note 16) 139 84
Preferred stock, $0.001 par value; 5,000,000 shares authorized at December 31, 2012 (Note 16) 2 2
Additional paid-in capital 1,691,429 838,547
Accumulated other comprehensive loss (9,433) (8,481)
(Deficit) retained earnings (466,091) 15,078
Total Molycorp stockholders’ equity 1,216,046 845,230
Noncontrolling interests 35,212 0
Total stockholders’ equity 1,251,258 845,230
Total liabilities and stockholders’ equity $ 2,992,535 $ 1,255,125