Receivables (Tables)

3 Months Ended

Mar. 31, 2020

Receivables consist of the following:



In thousands	March 31, 2020		December 31, 2019
Current receivables:
Trade receivables	$	6,607	$	6,028
Value added tax (“VAT”) receivable	11,354		10,729
Income tax receivable	116		105
Other	1,645		1,804
	$	19,722	$	18,666
Non-current receivables:
VAT receivable⁽¹⁾	$	22,449	$	28,009
RMC receivable⁽²⁾	700		700
	23,149		28,709
Total receivables	$	42,871	$	47,375

(1) Represents VAT that was paid to the Mexican government associated with Coeur Mexicana’s prior royalty agreement with a subsidiary of Franco-Nevada Corporation. The Company continues to pursue recovery from the Mexican government (including through ongoing litigation). See Note 17 -- Commitments and Contingencies for additional detail. The $5.6 million decrease in the three months ended March 31, 2020 is attributable to a weaker Mexican Peso.

(2) Represents receivable due from the successor to Republic Metals Corporation, whose filed bankruptcy filing in November 2018 impacted approximately 0.4 million ounces of Coeur’s silver and 6,500 ounces of Coeur’s gold. In September 2019, the Company received a partial settlement payment of $2.6 million in respect of its claims in the bankruptcy proceedings and as a result, the Company recorded a $1.0 million charge in Other, net, against the receivable balance to reflect the new carrying value of the Company’s remaining claims.