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Supplemental Guarantor Information (Tables)
 9 Months Ended
Sep. 30, 2019
Condensed Financial Information Disclosure [Abstract]  
Condensed Balance Sheet
CONDENSED CONSOLIDATING BALANCE SHEET
SEPTEMBER 30, 2019
In thousands
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
ASSETS
 
 
 
 
 
 
 
CURRENT ASSETS
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
9,254

 
$
8,547

 
$
47,518

 
$
—

 
$
65,319

Receivables
(49
)
 
10,400

 
26,944

 
—

 
37,295

Ore on leach pads
—

 
75,603

 
—

 
—

 
75,603

Inventory
—

 
27,015

 
30,463

 
—

 
57,478

Prepaid expenses and other
8,251

 
1,077

 
7,331

 
—

 
16,659

 
17,456

 
122,642

 
112,256

 
—

 
252,354

NON-CURRENT ASSETS
 
 
 
 
 
 
 
 
 
Property, plant and equipment, net
2,448

 
183,543

 
122,783

 
—

 
308,774

Mining properties, net
4,753

 
323,342

 
599,983

 
—

 
928,078

Ore on leach pads
—

 
68,975

 
—

 
—

 
68,975

Restricted assets
1,460

 
206

 
6,582

 
—

 
8,248

Equity and debt securities
22,812

 
—

 
—

 
—

 
22,812

Receivables
—

 
—

 
27,580

 
—

 
27,580

Net investment in subsidiaries
547,518

 
215

 
(152
)
 
(547,581
)
 
—

Other
302,895

 
54,584

 
12,660

 
(297,343
)
 
72,796

TOTAL ASSETS
$
899,342

 
$
753,507

 
$
881,692

 
$
(844,924
)
 
$
1,689,617

 
 
 
 
 
 
 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
CURRENT LIABILITIES
 
 
 
 
 
 
 
 
 
Accounts payable
$
2,064

 
$
27,642

 
$
43,221

 
$
—

 
$
72,927

Other accrued liabilities
10,265

 
35,139

 
72,202

 
—

 
117,606

Debt
—

 
15,164

 
6,775

 
—

 
21,939

Reclamation
—

 
1,911

 
4,641

 
—

 
6,552

 
12,329

 
79,856

 
126,839

 
—

 
219,024

NON-CURRENT LIABILITIES
 
 
 
 
 
 
 
 
 
Debt
226,709

 
35,233

 
312,182

 
(297,343
)
 
276,781

Reclamation
—

 
90,144

 
44,957

 
—

 
135,101

Deferred tax liabilities
(1,071
)
 
8,357

 
44,248

 
—

 
51,534

Other long-term liabilities
4,356

 
42,987

 
29,027

 
—

 
76,370

Intercompany payable (receivable)
(273,788
)
 
256,539

 
17,249

 
—

 
—

 
(43,794
)
 
433,260

 
447,663

 
(297,343
)
 
539,786

STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
Common stock
2,405

 
20,309

 
214,400

 
(234,709
)
 
2,405

Additional paid-in capital
3,590,056

 
242,987

 
2,006,819

 
(2,249,806
)
 
3,590,056

Accumulated deficit
(2,662,786
)
 
(22,905
)
 
(1,914,029
)
 
1,936,934

 
(2,662,786
)
Accumulated other comprehensive income (loss)
1,132

 
—

 
—

 
—

 
1,132

 
930,807

 
240,391

 
307,190

 
(547,581
)
 
930,807

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
$
899,342

 
$
753,507

 
$
881,692

 
$
(844,924
)
 
$
1,689,617


CONDENSED CONSOLIDATING BALANCE SHEET
DECEMBER 31, 2018
In thousands
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
ASSETS
 
 
 
 
 
 
 
CURRENT ASSETS
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
9,768

 
$
25,518

 
$
79,795

 
$
—

 
$
115,081

Receivables
5,333

 
5,505

 
18,906

 
—

 
29,744

Ore on leach pads
—

 
75,122

 
—

 
—

 
75,122

Inventory
—

 
31,678

 
34,601

 
—

 
66,279

Prepaid expenses and other
4,378

 
1,846

 
5,169

 
—

 
11,393

Assets held for sale
—

 
—

 
—

 
—

 
—

 
19,479

 
139,669

 
138,471

 
—

 
297,619

NON-CURRENT ASSETS
 
 
 
 
 
 
 
 
 
Property, plant and equipment, net
2,755

 
179,152

 
116,544

 
—

 
298,451

Mining properties, net
4,753

 
235,638

 
731,176

 
—

 
971,567

Ore on leach pads
—

 
66,964

 
—

 
—

 
66,964

Restricted assets
4,872

 
207

 
7,054

 
—

 
12,133

Equity and debt securities
17,797

 
9

 
—

 
—

 
17,806

Receivables
—

 
1,301

 
29,850

 
—

 
31,151

Net investment in subsidiaries
594,584

 
57

 
284

 
(594,925
)
 
—

Other
291,249

 
11,619

 
2,169

 
(288,228
)
 
16,809

TOTAL ASSETS
$
935,489

 
$
634,616

 
$
1,025,548

 
$
(883,153
)
 
$
1,712,500

 
 
 
 
 
 
 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
CURRENT LIABILITIES
 
 
 
 
 
 
 
 
 
Accounts payable
$
2,181

 
$
19,244

 
$
25,785

 
—

 
$
47,210

Other accrued liabilities
22,274

 
14,124

 
46,221

 
—

 
82,619

Debt
—

 
16,873

 
8,064

 
—

 
24,937

Reclamation
—

 
1,911

 
4,641

 
—

 
6,552

 
24,455

 
52,152

 
84,711

 
—

 
161,318

NON-CURRENT LIABILITIES
 
 
 
 
 
 
 
 
 
Debt
380,854

 
36,377

 
304,886

 
(288,228
)
 
433,889

Reclamation
—

 
84,092

 
44,902

 
—

 
128,994

Deferred tax liabilities
218

 
3,855

 
74,997

 
—

 
79,070

Other long-term liabilities
2,465

 
4,639

 
49,613

 
—

 
56,717

Intercompany payable (receivable)
(325,014
)
 
303,084

 
21,930

 
—

 
—

 
58,523

 
432,047

 
496,328

 
(288,228
)
 
698,670

STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
Common stock
2,033

 
19,630

 
214,400

 
(234,030
)
 
2,033

Additional paid-in capital
3,443,082

 
164,506

 
2,043,869

 
(2,208,375
)
 
3,443,082

Accumulated deficit
(2,592,545
)
 
(33,719
)
 
(1,813,760
)
 
1,847,480

 
(2,592,544
)
Accumulated other comprehensive income (loss)
(59
)
 
—

 
—

 
—

 
(59
)
 
852,511

 
150,417

 
444,509

 
(594,925
)
 
852,512

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
$
935,489

 
$
634,616

 
$
1,025,548

 
$
(883,153
)
 
$
1,712,500
Schedule of Comprehensive Income (Loss)
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
NINE MONTHS ENDED SEPTEMBER 30, 2019
In thousands
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Revenue
$
—

 
$
298,361

 
$
218,101

 
$
—

 
$
516,462

COSTS AND EXPENSES
 
 
 
 
 
 
 
 
 
Costs applicable to sales(1)
—

 
220,680

 
183,870

 
—

 
404,550

Amortization
656

 
58,922

 
71,180

 
—

 
130,758

General and administrative
24,429

 
778

 
1,652

 
—

 
26,859

Exploration
1,116

 
8,219

 
5,991

 
—

 
15,326

Pre-development, reclamation, and other
255

 
8,397

 
4,967

 
—

 
13,619

Total costs and expenses
26,456

 
296,996

 
267,660

 
—

 
591,112

OTHER INCOME (EXPENSE), NET
 
 
 
 
 
 
 
 
 
Loss on debt extinguishment
(1,282
)
 
—

 
—

 
—

 
(1,282
)
Fair value adjustments, net
8,210

 
(9
)
 
—

 
—

 
8,201

Other, net
14,648

 
(376
)
 
(4,230
)
 
(12,973
)
 
(2,931
)
Interest expense, net of capitalized interest
(16,273
)
 
(1,738
)
 
(14,221
)
 
12,973

 
(19,259
)
Total other income (expense), net
5,303

 
(2,123
)
 
(18,451
)
 
—

 
(15,271
)
Income (loss) from continuing operations before income and mining taxes
(21,153
)
 
(758
)
 
(68,010
)
 
—

 
(89,921
)
Income and mining tax (expense) benefit
1,420

 
(4,888
)
 
17,454

 
—

 
13,986

Income (loss) from continuing operations
(19,733
)
 
(5,646
)
 
(50,556
)
 
—

 
(75,935
)
Equity income (loss) in consolidated subsidiaries
(56,200
)
 
(634
)
 
355

 
56,479

 
—

Income (loss) from discontinued operations
5,693

 
—

 
—

 
—

 
5,693

NET INCOME (LOSS)
$
(70,240
)
 
$
(6,280
)
 
$
(50,201
)
 
$
56,479

 
$
(70,242
)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on debt securities, net of tax
59

 
—

 
—

 
—

 
59

Unrealized gain (loss) on hedges, net of tax of $363 for the three and nine months ended September 30, 2019
1,132

 
—

 
—

 
—

 
1,132

COMPREHENSIVE INCOME (LOSS)
$
(69,049
)
 
$
(6,280
)
 
$
(50,201
)
 
$
56,479

 
$
(69,051
)
 






























CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
NINE MONTHS ENDED SEPTEMBER 30, 2018
In thousands
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Revenue
$
—

 
$
281,762

 
$
200,287

 
$
—

 
$
482,049

COSTS AND EXPENSES
 
 
 
 
 
 
 
 
 
Costs applicable to sales(1)
—

 
219,948

 
104,495

 
—

 
324,443

Amortization
714

 
43,876

 
46,830

 
—

 
91,420

General and administrative
24,113

 
15

 
55

 
—

 
24,183

Exploration
1,168

 
7,289

 
12,812

 
—

 
21,269

Pre-development, reclamation, and other
1,912

 
9,391

 
4,663

 
—

 
15,966

Total costs and expenses
27,907

 
280,519

 
168,855

 
—

 
477,281

OTHER INCOME (EXPENSE), NET
 
 
 
 
 
 
 
 
 
Fair value adjustments, net
3,335

 
(428
)
 


 
—

 
2,907

Other, net
(4,890
)
 
187

 
(3,607
)
 
(11,536
)
 
(19,846
)
Interest expense, net of capitalized interest
(15,786
)
 
(1,092
)
 
(12,459
)
 
11,536

 
(17,801
)
Total other income (expense), net
(17,341
)
 
(1,333
)
 
(16,066
)
 
—

 
(34,740
)
Income (loss) from continuing operations before income and mining taxes
(45,248
)
 
(90
)
 
15,366

 
—

 
(29,972
)
Income and mining tax (expense) benefit
286

 
(2,997
)
 
(16,740
)
 
—

 
(19,451
)
Income (loss) from continuing operations
(44,962
)
 
(3,087
)
 
(1,374
)
 
—

 
(49,423
)
Equity income (loss) in consolidated subsidiaries
(4,922
)
 
(113
)
 
(590
)
 
5,625

 
—

Income (loss) from discontinued operations
1,010

 
(284
)
 
(176
)
 
—

 
550

NET INCOME (LOSS)
$
(48,874
)
 
$
(3,484
)
 
$
(2,140
)
 
$
5,625

 
$
(48,873
)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on debt securities, net of tax
(173
)
 
—

 
—

 
—

 
(173
)
COMPREHENSIVE INCOME (LOSS)
$
(49,047
)
 
$
(3,484
)
 
$
(2,140
)
 
$
5,625

 
$
(49,046
)





































CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
THREE MONTHS ENDED SEPTEMBER 30, 2019
In thousands
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Revenue
$
—

 
$
116,808

 
$
82,661

 
$
—

 
$
199,469

COSTS AND EXPENSES


 


 


 


 


Costs applicable to sales(1)
—

 
79,367

 
61,585

 
—

 
140,952

Amortization
216

 
21,751

 
23,711

 
—

 
45,678

General and administrative
8,973

 
208

 
454

 
—

 
9,635

Exploration
430

 
5,010

 
453

 
—

 
5,893

Pre-development, reclamation, and other
15

 
4,465

 
371

 
—

 
4,851

Total costs and expenses
9,634

 
110,801

 
86,574

 
—

 
207,009

OTHER INCOME (EXPENSE), NET

 

 

 

 

Loss on debt extinguishment
(1,282
)
 
—

 
—

 
—

 
(1,282
)
Fair value adjustments, net
4,378

 
(1
)
 
—

 
—

 
4,377

Other, net
4,557

 
(814
)
 
(3,017
)
 
(4,360
)
 
(3,634
)
Interest expense, net of capitalized interest
(4,729
)
 
(838
)
 
(4,773
)
 
4,360

 
(5,980
)
Total other income (expense), net
2,924

 
(1,653
)
 
(7,790
)
 
—

 
(6,519
)
Income (loss) from continuing operations before income and mining taxes
(6,710
)
 
4,354

 
(11,703
)
 
—

 
(14,059
)
Income and mining tax (expense) benefit
3,808

 
(3,740
)
 
(286
)
 
—

 
(218
)
Income (loss) from continuing operations
(2,902
)
 
614

 
(11,989
)
 
—

 
(14,277
)
Equity income (loss) in consolidated subsidiaries
(11,371
)
 
(4
)
 
95

 
11,280

 
—

NET INCOME (LOSS)
$
(14,273
)
 
$
610

 
$
(11,894
)
 
$
11,280

 
$
(14,277
)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:


 


 


 


 


Unrealized gain (loss) on debt securities, net of tax
—

 
—

 
—

 
—

 
—

Unrealized gain (loss) on hedges, net of tax of $363 for the three and nine months ended September 30, 2019
1,132

 
—

 
—

 
—

 
1,132

COMPREHENSIVE INCOME (LOSS)
$
(13,141
)
 
$
610

 
$
(11,894
)
 
$
11,280

 
$
(13,145
)
(1) Excludes amortization.






















CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
THREE MONTHS ENDED SEPTEMBER 30, 2018
In thousands
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Revenue
$
—

 
$
89,289

 
$
59,506

 
$
—

 
$
148,795

COSTS AND EXPENSES
 
 
 
 
 
 
 
 
 
Costs applicable to sales(1)
—

 
73,768

 
43,089

 
—

 
116,857

Amortization
232

 
15,084

 
15,868

 
—

 
31,184

General and administrative
7,682

 
3

 
44

 
—

 
7,729

Exploration
383

 
2,245

 
5,529

 
—

 
8,157

Pre-development, reclamation, and other
1,302

 
5,456

 
1,363

 
—

 
8,121

Total costs and expenses
9,599

 
96,556

 
65,893

 
—

 
172,048

OTHER INCOME (EXPENSE), NET
 
 
 
 
 
 
 
 
 
Fair value adjustments, net
745

 
(30
)
 
—

 
—

 
715

Other, net
(14,194
)
 
(189
)
 
(2,599
)
 
(3,921
)
 
(20,903
)
Interest expense, net of capitalized interest
(5,445
)
 
(372
)
 
(3,922
)
 
3,921

 
(5,818
)
Total other income (expense), net
(18,894
)
 
(591
)
 
(6,521
)
 
—

 
(26,006
)
Income (loss) from continuing operations before income and mining taxes
(28,493
)
 
(7,858
)
 
(12,908
)
 
—

 
(49,259
)
Income and mining tax (expense) benefit
(430
)
 
(489
)
 
(2,866
)
 
—

 
(3,785
)
Income (loss) from continuing operations
(28,923
)
 
(8,347
)
 
(15,774
)
 
—

 
(53,044
)
Equity income (loss) in consolidated subsidiaries
(24,122
)
 
(47
)
 
(174
)
 
24,343

 
—

NET INCOME (LOSS)
$
(53,045
)
 
$
(8,394
)
 
$
(15,948
)
 
$
24,343

 
$
(53,044
)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on marketable securities, net of tax
192

 
—

 
—

 
—

 
192

COMPREHENSIVE INCOME (LOSS)
$
(52,853
)
 
$
(8,394
)
 
$
(15,948
)
 
$
24,343

 
$
(52,852
)
(1) Excludes amortization.

    
Condensed Cash Flow Statement
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
NINE MONTHS ENDED SEPTEMBER 30, 2019
In thousands
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
 
 
 
 
 
 
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES
$
(96,935
)
 
$
76,116

 
$
16,925

 
$
56,479

 
$
52,585

 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES
 
 
 
 
 
 
 
 
 
Capital expenditures
(349
)
 
(38,999
)
 
(39,517
)
 
—

 
(78,865
)
Proceeds from the sale of assets
—

 
836

 
94

 
—

 
930

Purchase of investments
—

 
—

 
—

 
—

 
—

Sales of investments
2,109

 
—

 
—

 
—

 
2,109

Proceeds from notes receivable
7,168

 
—

 
—

 
—

 
7,168

Other
2,034

 
69

 
(142
)
 
—

 
1,961

Investments in consolidated subsidiaries
56,112

 
130

 
237

 
(56,479
)
 
—

CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
67,074

 
(37,964
)
 
(39,328
)
 
(56,479
)
 
(66,697
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Issuance of common stock
122,668

 
—

 
—

 
—

 
122,668

Issuance of notes and bank borrowings, net of issuance costs
45,000

 
—

 
—

 
—

 
45,000

Payments on debt, capital leases, and associated costs
(180,841
)
 
(13,445
)
 
(6,765
)
 
—

 
(201,051
)
Net intercompany financing activity
44,863

 
(48,628
)
 
3,765

 
—

 
—

Other
(2,958
)
 
—

 
—

 
—

 
(2,958
)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES
28,732

 
(62,073
)
 
(3,000
)
 
—

 
(36,341
)
Effect of exchange rate changes on cash and cash equivalents
—

 
76

 
(11
)
 
—

 
65

NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH
(1,129
)
 
(23,845
)
 
(25,414
)
 
—

 
(50,388
)
Cash, cash equivalents and restricted cash at beginning of period
12,748

 
32,793

 
72,528

 
—

 
118,069

Cash, cash equivalents and restricted cash at end of period
$
11,619

 
$
8,948

 
$
47,114

 
$
—

 
$
67,681































CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
NINE MONTHS ENDED SEPTEMBER 30, 2018
In thousands
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Cash provided by (used in) activities of continuing operations
$
(36,687
)
 
$
33,173

 
$
17,925

 
$
5,625

 
20,036

Cash provided by (used in) activities of discontinued operations
—

 
—

 
(2,690
)
 
—

 
(2,690
)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES
(36,687
)
 
33,173

 
15,235

 
5,625

 
17,346

 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES
 
 
 
 
 
 
 
 
 
Capital expenditures
(303
)
 
(43,598
)
 
(79,081
)
 
—

 
(122,982
)
Proceeds from the sale of assets
23

 
437

 
89

 
—

 
549

Purchase of investments
(415
)
 
—

 
—

 
—

 
(415
)
Sales of investments
11,694

 
988

 
—

 
—

 
12,682

Proceeds from notes receivable
15,000

 
—

 
—

 
—

 
15,000

Other
45

 
109

 
(188
)
 
—

 
(34
)
Investments in consolidated subsidiaries
4,922

 
121

 
582

 
(5,625
)
 
—

Cash provided by (used in) activities of continuing operations
30,966

 
(41,943
)
 
(78,598
)
 
(5,625
)
 
(95,200
)
Cash provided by (used in) activities of discontinued operations
—

 
—

 
(28,470
)
 
—

 
(28,470
)
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
30,966

 
(41,943
)
 
(107,068
)
 
(5,625
)
 
(123,670
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Issuance of notes and bank borrowings, net of issuance costs
40,000

 
—

 
—

 
—

 
40,000

Payments on debt, capital leases, and associated costs
(20,000
)
 
(8,462
)
 
(19,893
)
 
—

 
(48,355
)
Net intercompany financing activity
(41,498
)
 
(12,436
)
 
53,934

 
—

 
—

Other
(4,916
)
 
—

 
—

 
—

 
(4,916
)
Cash provided by (used in) activities of continuing operations
(26,414
)
 
(20,898
)
 
34,041

 
—

 
(13,271
)
Cash provided by (used in) activities of discontinued operations
—

 
—

 
(22
)
 
—

 
(22
)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES
(26,414
)
 
(20,898
)
 
34,019

 
—

 
(13,293
)
Effect of exchange rate changes on cash and cash equivalents
—

 
(6
)
 
571

 
—

 
565

Less net cash provided by (used in) discontinued operations
—

 
—

 
(32,930
)
 
—

 
(32,930
)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH
(32,135
)
 
(29,674
)
 
(24,313
)
 
—

 
(86,122
)
Cash, cash equivalents and restricted cash at beginning of period
56,033

 
52,239

 
95,130

 
—

 
203,402

Cash, cash equivalents and restricted cash at end of period
$
23,898

 
$
22,565

 
$
70,817

 
$
—

 
$
117,280


CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
THREE MONTHS ENDED SEPTEMBER 30, 2019
In thousands
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
 
 
 
 
 
 
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES
$
(18,772
)
 
$
24,553

 
$
24,935

 
$
11,280

 
$
41,996

 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES
 
 
 
 
 
 
 
 
 
Capital expenditures
(239
)
 
(16,748
)
 
(13,691
)
 
—

 
(30,678
)
Proceeds from the sale of assets
—

 
26

 
—

 
—

 
26

Sales of investments
1,007

 
—

 
—

 
—

 
1,007

Proceeds from notes receivable
—

 
—

 
—

 
—

 
—

Other
2

 
(44
)
 
(15
)
 
—

 
(57
)
Investments in consolidated subsidiaries
11,372

 
45

 
(137
)
 
(11,280
)
 
—

CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
12,142

 
(16,721
)
 
(13,843
)
 
(11,280
)
 
(29,702
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Issuance of common stock
73,781

 
—

 
—

 
—

 
73,781

Issuance of notes and bank borrowings, net of issuance costs
30,000

 
—

 
—

 
—

 
30,000

Payments on debt, capital leases, and associated costs
(83,034
)
 
(3,305
)
 
(1,439
)
 
—

 
(87,778
)
Net intercompany financing activity
(6,842
)
 
(12,322
)
1

19,164

1

—

 
—

Other
301

 
—

 
—

 
—

 
301

Cash provided by (used in) activities of continuing operations
14,206

 
(15,627
)
 
17,725

 
—

 
16,304

Cash provided by (used in) activities of discontinued operations
—

 
—

 
—

 
—

 
—

CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES
14,206

 
(15,627
)
 
17,725

 
—

 
16,304

Effect of exchange rate changes on cash and cash equivalents
—

 
74

 
(266
)
 
—

 
(192
)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH
7,576

 
(7,721
)
 
28,551

 
—

 
28,406

Cash, cash equivalents and restricted cash at beginning of period
4,043

 
16,669

 
18,563

 
—

 
39,275

Cash, cash equivalents and restricted cash at end of period
$
11,619

 
$
8,948

 
$
47,114

 
$
—

 
$
67,681































CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
THREE MONTHS ENDED SEPTEMBER 30, 2018
In thousands
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
 
 
 
 
 
 
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES
$
(37,112
)
 
$
7,058

 
$
11,500

 
$
24,343

 
$
5,789

 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES
 
 
 
 
 
 
 
 
 
Capital expenditures
(119
)
 
(16,720
)
 
(22,633
)
 
—

 
(39,472
)
Proceeds from the sale of assets
—

 
304

 
89

 
—

 
393

Purchase of investments
(15
)
 
—

 
—

 
—

 
(15
)
Sales of investments
(126
)
 
48

 
—

 
—

 
(78
)
Proceeds from notes receivable
15,000

 
—

 
—

 
—

 
15,000

Other
124

 
—

 
(60
)

—

 
64

Investments in consolidated subsidiaries
24,121

 
56

 
166

 
(24,343
)
 
—

CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
38,985

 
(16,312
)
 
(22,438
)
 
(24,343
)
 
(24,108
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Issuance of notes and bank borrowings
25,000

 
—

 
—

 
—

 
25,000

Payments on debt, capital leases, and associated costs
(20,000
)
 
(3,535
)
 
(1,998
)
 
—

 
(25,533
)
Net intercompany financing activity
(7,130
)
 
(4,844
)
 
11,974

 
—

 
—

Other
(77
)
 
—

 
—

 
—

 
(77
)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES
(2,207
)
 
(8,379
)
 
9,976

 
—

 
(610
)
Effect of exchange rate changes on cash and cash equivalents
—

 
(2
)
 
185

 
—

 
183

NET CHANGE IN CASH AND CASH EQUIVALENTS
(334
)
 
(17,635
)
 
(777
)
 
—

 
(18,746
)
Cash and cash equivalents at beginning of period
24,232

 
40,200

 
71,594

 
—

 
136,026

Cash and cash equivalents at end of period
$
23,898

 
$
22,565

 
$
70,817

 
$
—

 
$
117,280