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FINANCIAL RISK MANAGEMENT (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of general information about financial statements [Abstract]  
Schedule Of Contractual Obligations
The following table shows our contractual obligations as at December 31, 2017:
 
 
Payment due (in thousands) by period 
 (Stated in thousands of U.S dollars)
 
Less than 1
Year 
 
1 to 3 years 
 
3 to 5 years  
 
More than
5 Years 
 
Total 
Accounts payable and accrued liabilities 1
 
$
108,121

 
$

 
$

 
$

 
$
108,121

Debt 2
 
15,864

 
90,977

 
834

 

 
107,675

Interest on long term debt
 
7,546

 
13,572

 
56

 

 
21,174

Purchase obligations
 
12,731

 

 

 

 
12,731

Rehabilitation provisions 3
 
6,566

 
30,133

 
25,844

 
15,386

 
77,929

Total
 
$
150,828

 
$
134,682

 
$
26,734

 
$
15,386

 
$
327,630

1  
Includes the current portion of the PSU liabilities of $13.5 million. The long term portion of the PSU liability is not included in this table as those PSU's have not yet vested. The long term PSU liability is recognized on the balance at $6.8 million.
2  
Includes the 7% Convertible Debentures maturing in August 2021, the loan from RGI, the finance leases and the vendor agreement. Golden Star may not redeem the 7% Convertible Debentures prior to August 15, 2019, except in the event of certain changes in applicable tax law. On or after August 15, 2019, the Company may redeem all or part of the outstanding 7% Convertible Debentures at the redemption price, only if the last reported sales price of the Company's common shares for 20 or more trading days in a period of 30 consecutive trading days ending on the trading day prior to the date the Company provides the notice of redemption to holders exceeds 130% of the conversion price in effect on each such trading day. The presentation shown above assumes payment is made in cash and also assumes no conversions of the 7% Convertible Debentures into common shares by the holders prior to the maturity date.
3 
Rehabilitation provisions indicates the expected undiscounted cash flows for each period.