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Supplemental Guarantor Information | 12 Months Ended
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Dec. 31, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
SUPPLEMENTAL GUARANTOR INFORMATION | SUPPLEMENTAL GUARANTOR INFORMATION The following Condensed Consolidating Financial Statements are presented to satisfy disclosure requirements of Rule 3-10 of Regulation S-X resulting from the guarantees by Coeur Alaska, Inc., Coeur Explorations, Inc., Coeur Rochester, Inc., Coeur South America Corp., and Coeur Capital Inc. (collectively, the “Subsidiary Guarantors”) of the $300 million aggregate principal amount of 7.875% senior notes issued by Coeur on January 29, 2013. The following schedules present Condensed Consolidating Financial Statements of (a) Coeur, the parent company; (b) the Subsidiary Guarantors; and (c) certain wholly owned domestic and foreign subsidiaries of the Company (collectively, the “Non-Guarantor Subsidiaries”). Each of the Subsidiary Guarantors is 100% owned by Coeur, the guarantees are full and unconditional and no other subsidiary of Coeur guaranteed any security issued under the Registration Statement. There are no restrictions on the ability of Coeur to obtain funds from its subsidiaries by dividend or loan. CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) YEAR ENDED DECEMBER 31, 2013
|  | Coeur Mining, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Sales of metal |  | $ | — |  |  | $ | 268,023 |  |  | $ | 477,971 |  |  | $ | — |  |  | $ | 745,994 |
Production costs applicable to sales |  | — |  |  | (182,444 | ) |  | (281,219 | ) |  | — |  |  | (463,663 | )
Depreciation, depletion and amortization |  | (1,066 | ) |  | (73,802 | ) |  | (158,011 | ) |  | — |  |  | (232,879 | )
Gross profit |  | (1,066 | ) |  | 11,777 |  |  | 38,741 |  |  | — |  |  | 49,452 |
COSTS AND EXPENSES |  |  |  |  |  |  |  |  |  |
General and administrative |  | 50,213 |  |  | 3,245 |  |  | 1,885 |  |  | — |  |  | 55,343 |
Exploration |  | 1,602 |  |  | 8,920 |  |  | 11,838 |  |  | — |  |  | 22,360 |
Litigation settlement |  | — |  |  | 32,046 |  |  | — |  |  | — |  |  | 32,046 |
Write-downs |  | — |  |  | 130,694 |  |  | 642,299 |  |  | — |  |  | 772,993 |
Pre-development, care, maintenance and other |  | — |  |  | 946 |  |  | 10,923 |  |  | — |  |  | 11,869 |
Total costs and expenses |  | 51,815 |  |  | 175,851 |  |  | 666,945 |  |  | — |  |  | 894,611 |
OPERATING LOSS |  | (52,881 | ) |  | (164,074 | ) |  | (628,204 | ) |  | — |  |  | (845,159 | )
OTHER INCOME AND EXPENSE |  |  |  |  |  |  |  |  |  |
Fair value adjustments, net |  | (1,346 | ) |  | 7,896 |  |  | 76,218 |  |  | — |  |  | 82,768 |
Other than temporary impairment of marketable securities |  | (18,097 | ) |  | (211 | ) |  | — |  |  | — |  |  | (18,308 | )
Interest income and other, net |  | 13,408 |  |  | (1,539 | ) |  | 4,602 |  |  | (3,148 | ) |  | 13,323 |
Interest expense, net of capitalized interest |  | (25,652 | ) |  | (445 | ) |  | (18,354 | ) |  | 3,148 |  |  | (41,303 | )
Total other income and expense, net |  | (31,687 | ) |  | 5,701 |  |  | 62,466 |  |  | — |  |  | 36,480 |
Loss before income taxes |  | (84,568 | ) |  | (158,373 | ) |  | (565,738 | ) |  | — |  |  | (808,679 | )
Income tax benefit |  | 78,332 |  |  | (155 | ) |  | 79,939 |  |  | — |  |  | 158,116 |
Total loss after taxes |  | (6,236 | ) |  | (158,528 | ) |  | (485,799 | ) |  | — |  |  | (650,563 | )
Equity income (loss) in consolidated subsidiaries |  | (644,327 | ) |  | (68 | ) |  | — |  |  | 644,395 |  |  | — |
NET INCOME (LOSS) |  | $ | (650,563 | ) |  | $ | (158,596 | ) |  | $ | (485,799 | ) |  | $ | 644,395 |  |  | $ | (650,563 | )
OTHER COMPREHENSIVE INCOME (LOSS), net of tax: |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) on available for sale securities |  | (8,489 | ) |  | (552 | ) |  | — |  |  | 552 |  |  | (8,489 | )
Reclassification adjustments for losses included in net income |  | 11,221 |  |  | 211 |  |  | — |  |  | (211 | ) |  | 11,221 |
Reclassification adjustments for realized loss on sale of marketable securities |  | 83 |  |  | — |  |  | — |  |  | — |  |  | 83 |
Other comprehensive income (loss) |  | 2,815 |  |  | (341 | ) |  | — |  |  | 341 |  |  | 2,815 |
COMPREHENSIVE INCOME (LOSS) |  | $ | (647,748 | ) |  | $ | (158,937 | ) |  | $ | (485,799 | ) |  | $ | 644,736 |  |  | $ | (647,748 | )
CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) YEAR ENDED DECEMBER 31, 2012
|  | Coeur Mining, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Sales of metal |  | $ | — |  |  | $ | 243,380 |  |  | $ | 652,112 |  |  | $ | — |  |  | $ | 895,492 |
Production costs applicable to sales |  | — |  |  | (159,151 | ) |  | (295,411 | ) |  | — |  |  | (454,562 | )
Depreciation, depletion and amortization |  | (521 | ) |  | (49,750 | ) |  | (168,586 | ) |  | — |  |  | (218,857 | )
Gross profit |  | (521 | ) |  | 34,479 |  |  | 188,115 |  |  | — |  |  | 222,073 |
COSTS AND EXPENSES |  |  |  |  |  |  |  |  |  |
General and administrative |  | 30,699 |  |  | 1,101 |  |  | 1,177 |  |  | — |  |  | 32,977 |
Exploration |  | 1,946 |  |  | 7,930 |  |  | 16,394 |  |  | — |  |  | 26,270 |
Write-downs |  | — |  |  | — |  |  | 5,825 |  |  | — |  |  | 5,825 |
Pre-development, care, maintenance and other |  | — |  |  | (362 | ) |  | 1,623 |  |  | — |  |  | 1,261 |
Total costs and expenses |  | 32,645 |  |  | 8,669 |  |  | 25,019 |  |  | — |  |  | 66,333 |
OPERATING INCOME (LOSS) |  | (33,166 | ) |  | 25,810 |  |  | 163,096 |  |  | — |  |  | 155,740 |
OTHER INCOME AND EXPENSE |  |  |  |  |  |  |  |  |  |
Loss on debt extinguishments |  | — |  |  | (1,036 | ) |  | — |  |  | — |  |  | (1,036 | )
Fair value adjustments, net |  | 3,477 |  |  | 4,089 |  |  | (31,053 | ) |  | — |  |  | (23,487 | )
Other than temporary impairment of marketable securities |  | (605 | ) |  | — |  |  | — |  |  | — |  |  | (605 | )
Interest income and other, net |  | 5,744 |  |  | 859 |  |  | 13,071 |  |  | (4,633 | ) |  | 15,041 |
Interest expense, net of capitalized interest |  | (4,158 | ) |  | (2,997 | ) |  | (23,647 | ) |  | 4,633 |  |  | (26,169 | )
Total other income and expense, net |  | 4,458 |  |  | 915 |  |  | (41,629 | ) |  | — |  |  | (36,256 | )
Income (loss) before income taxes |  | (28,708 | ) |  | 26,725 |  |  | 121,467 |  |  | — |  |  | 119,484 |
Income tax provision |  | (3,844 | ) |  | (2,930 | ) |  | (64,033 | ) |  | — |  |  | (70,807 | )
Total income (loss) after taxes |  | (32,552 | ) |  | 23,795 |  |  | 57,434 |  |  | — |  |  | 48,677 |
Equity income (loss) in consolidated subsidiaries |  | 81,229 |  |  | — |  |  | — |  |  | (81,229 | ) |  | — |
NET INCOME (LOSS) |  | $ | 48,677 |  |  | $ | 23,795 |  |  | $ | 57,434 |  |  | $ | (81,229 | ) |  | $ | 48,677 |
OTHER COMPREHENSIVE INCOME (LOSS), net of tax: |  |  |  |  |  |  |  |  |  |
Unrealized loss on available for sale securities |  | (3,351 | ) |  | — |  |  | — |  |  | — |  |  | (3,351 | )
Reclassification adjustments for losses included in net income |  | 605 |  |  | — |  |  | — |  |  | — |  |  | 605 |
Other comprehensive loss |  | (2,746 | ) |  | — |  |  | — |  |  | — |  |  | (2,746 | )
COMPREHENSIVE INCOME (LOSS) |  | $ | 45,931 |  |  | $ | 23,795 |  |  | $ | 57,434 |  |  | $ | (81,229 | ) |  | $ | 45,931 |
CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) YEAR ENDED DECEMBER 31, 2011
|  | Coeur Mining, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Sales of metal |  | $ | — |  |  | $ | 208,517 |  |  | $ | 812,683 |  |  | $ | — |  |  | $ | 1,021,200 |
Production costs applicable to sales |  | — |  |  | (129,520 | ) |  | (290,027 | ) |  | — |  |  | (419,547 | )
Depreciation, depletion and amortization |  | (450 | ) |  | (38,670 | ) |  | (185,380 | ) |  | — |  |  | (224,500 | )
Gross profit |  | (450 | ) |  | 40,327 |  |  | 337,276 |  |  | — |  |  | 377,153 |
COSTS AND EXPENSES |  |  |  |  |  |  |  |  |  |
General and administrative |  | 28,407 |  |  | 937 |  |  | 2,035 |  |  | — |  |  | 31,379 |
Exploration |  | 1,504 |  |  | 3,754 |  |  | 13,870 |  |  | — |  |  | 19,128 |
Pre-development, care, maintenance and other |  | — |  |  | 19,311 |  |  | 130 |  |  | — |  |  | 19,441 |
Total costs and expenses |  | 29,911 |  |  | 24,002 |  |  | 16,035 |  |  | — |  |  | 69,948 |
OPERATING INCOME (LOSS) |  | (30,361 | ) |  | 16,325 |  |  | 321,241 |  |  | — |  |  | 307,205 |
OTHER INCOME AND EXPENSE |  |  |  |  |  |  |  |  |  |
Loss on debt extinguishments |  | (5,526 | ) |  | — |  |  | — |  |  | — |  |  | (5,526 | )
Fair value adjustments, net |  | (3,566 | ) |  | (8,438 | ) |  | (40,046 | ) |  | — |  |  | (52,050 | )
Interest income and other, net |  | 8,871 |  |  | 1,170 |  |  | (7,372 | ) |  | (9,279 | ) |  | (6,610 | )
Interest expense, net of capitalized interest |  | (6,328 | ) |  | (4,910 | ) |  | (32,815 | ) |  | 9,279 |  |  | (34,774 | )
Total other income and expense, net |  | (6,549 | ) |  | (12,178 | ) |  | (80,233 | ) |  | — |  |  | (98,960 | )
Income (loss) before income taxes |  | (36,910 | ) |  | 4,147 |  |  | 241,008 |  |  | — |  |  | 208,245 |
Income tax provision |  | (20,904 | ) |  | (440 | ) |  | (93,402 | ) |  | — |  |  | (114,746 | )
Total income (loss) after taxes |  | (57,814 | ) |  | 3,707 |  |  | 147,606 |  |  | — |  |  | 93,499 |
Equity income (loss) in consolidated subsidiaries |  | 151,313 |  |  | — |  |  | — |  |  | (151,313 | ) |  | — |
NET INCOME (LOSS) |  | $ | 93,499 |  |  | $ | 3,707 |  |  | $ | 147,606 |  |  | $ | (151,313 | ) |  | $ | 93,499 |
OTHER COMPREHENSIVE INCOME (LOSS) net of tax: |  |  |  |  |  |  |  |  |  |
Unrealized loss on available for sale securities |  | (4,975 | ) |  | — |  |  | — |  |  | — |  |  | (4,975 | )
Reclassification adjustments for losses included in net income |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other comprehensive loss |  | (4,975 | ) |  | — |  |  | — |  |  | — |  |  | (4,975 | )
COMPREHENSIVE INCOME (LOSS) |  | $ | 88,524 |  |  | $ | 3,707 |  |  | $ | 147,606 |  |  | $ | (151,313 | ) |  | $ | 88,524 |
CONSOLIDATING STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 2013
|  | Coeur Mining, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |  |
Cash provided by operating activities |  | $ | (701,653 | ) |  | $ | 17,456 |  |  | $ | 151,491 |  |  | $ | 646,173 |  |  | 113,467 |
CASH FLOWS FROM INVESTING ACTIVITIES |  |  |  |  |  |  |  |  |  |
Purchase of short term investments and marketable securities |  | (2,921 | ) |  | (66 | ) |  | (5,065 | ) |  | — |  |  | (8,052 | )
Proceeds from sales and maturities of short term investments |  | 29,274 |  |  | 75 |  |  | 5,447 |  |  | — |  |  | 34,796 |
Capital expenditures |  | (3,573 | ) |  | (50,810 | ) |  | (46,430 | ) |  | — |  |  | (100,813 | )
Acquisitions |  | (113,214 | ) |  | (3,684 | ) |  | — |  |  | — |  |  | (116,898 | )
Other |  | 3,266 |  |  | 444 |  |  | 768 |  |  | — |  |  | 4,478 |
Investments in consolidated subsidiaries |  | 642,617 |  |  | 68 |  |  | 3,488 |  |  | (646,173 | ) |  | — |
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES |  | 555,449 |  |  | (53,973 | ) |  | (41,792 | ) |  | (646,173 | ) |  | (186,489 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |
Proceeds from issuance of notes and bank borrowings |  | 300,000 |  |  | — |  |  | — |  |  | — |  |  | 300,000 |
Payments on long-term debt, capital leases, and associated costs |  | (52,568 | ) |  | (3,171 | ) |  | (4,889 | ) |  | — |  |  | (60,628 | )
Payments on gold production royalty |  | — |  |  | — |  |  | (57,034 | ) |  | — |  |  | (57,034 | )
Share repurchases |  | (27,552 | ) |  | — |  |  | — |  |  | — |  |  | (27,552 | )
Net intercompany borrowings (lending) |  | (22,874 | ) |  | 40,279 |  |  | (17,405 | ) |  | — |  |  | — |
Other |  | (514 | ) |  | — |  |  | — |  |  | — |  |  | (514 | )
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES |  | 196,492 |  |  | 37,108 |  |  | (79,328 | ) |  | — |  |  | 154,272 |
NET CHANGE IN CASH AND CASH EQUIVALENTS |  | 50,288 |  |  | 591 |  |  | 30,371 |  |  | — |  |  | 81,250 |
Cash and cash equivalents at beginning of period |  | 86,788 |  |  | 400 |  |  | 38,252 |  |  | — |  |  | 125,440 |
Cash and cash equivalents at end of period |  | $ | 137,076 |  |  | $ | 991 |  |  | $ | 68,623 |  |  | $ | — |  |  | $ | 206,690 |
CONSOLIDATING STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 2012
|  | Coeur Mining, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |  |
Cash provided by operating activities |  | $ | 58,754 |  |  | $ | 37,426 |  |  | $ | 256,683 |  |  | $ | (81,229 | ) |  | $ | 271,634 |
CASH FLOWS FROM INVESTING ACTIVITIES |  |  |  |  |  |  |  |  |  |
Purchase of short term investments and marketable securities |  | (12,913 | ) |  | (46 | ) |  | — |  |  | — |  |  | (12,959 | )
Proceeds from sales and maturities of short term investments |  | 21,590 |  |  | 45 |  |  | 60 |  |  | — |  |  | 21,695 |
Capital expenditures |  | (1,531 | ) |  | (48,788 | ) |  | (65,322 | ) |  | — |  |  | (115,641 | )
Acquisition of Joaquin mineral rights |  | (29,338 | ) |  | — |  |  | 41 |  |  | — |  |  | (29,297 | )
Other |  | 3,538 |  |  | 130 |  |  | (581 | ) |  | — |  |  | 3,087 |
Investments in consolidated subsidiaries |  | (81,229 | ) |  | — |  |  | — |  |  | 81,229 |  |  | — |
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES |  | (99,883 | ) |  | (48,659 | ) |  | (65,802 | ) |  | 81,229 |  |  | (133,115 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |
Payments on long-term debt, capital leases, and associated costs |  | (4,005 | ) |  | (79,839 | ) |  | (13,326 | ) |  | — |  |  | (97,170 | )
Payments on gold production royalty |  | — |  |  | — |  |  | (74,734 | ) |  | — |  |  | (74,734 | )
Reductions of restricted assets associated with the Kensington Term Facility |  | — |  |  | 4,645 |  |  | — |  |  | — |  |  | 4,645 |
Share repurchases |  | (19,971 | ) |  | — |  |  | — |  |  | — |  |  | (19,971 | )
Net intercompany borrowings (lending) |  | 67,082 |  |  | 86,394 |  |  | (153,476 | ) |  | — |  |  | — |
Other |  | (861 | ) |  | — |  |  | — |  |  | — |  |  | (861 | )
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES |  | 42,245 |  |  | 11,200 |  |  | (241,536 | ) |  | — |  |  | (188,091 | )
NET CHANGE IN CASH AND CASH EQUIVALENTS |  | 1,116 |  |  | (33 | ) |  | (50,655 | ) |  | — |  |  | (49,572 | )
Cash and cash equivalents at beginning of period |  | 85,672 |  |  | 433 |  |  | 88,907 |  |  | — |  |  | 175,012 |
Cash and cash equivalents at end of period |  | $ | 86,788 |  |  | $ | 400 |  |  | $ | 38,252 |  |  | $ | — |  |  | $ | 125,440 |
CONSOLIDATING STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 2011
|  | Coeur Mining, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |  |
Cash provided by operating activities |  | $ | 132,318 |  |  | $ | 38,152 |  |  | $ | 397,016 |  |  | $ | (151,313 | ) |  | $ | 416,173 |
CASH FLOWS FROM INVESTING ACTIVITIES |  |  |  |  |  |  |  |  |  |
Purchase of short term investments and marketable securities |  | (49,321 | ) |  | (60 | ) |  | (120 | ) |  | — |  |  | (49,501 | )
Proceeds from sales and maturities of short term investments |  | 6,138 |  |  | 48 |  |  | 60 |  |  | — |  |  | 6,246 |
Capital expenditures |  | (567 | ) |  | (61,288 | ) |  | (58,133 | ) |  | — |  |  | (119,988 | )
Other |  | 1,216 |  |  | 903 |  |  | 163 |  |  | — |  |  | 2,282 |
Investments in consolidated subsidiaries |  | (151,313 | ) |  | — |  |  | — |  |  | 151,313 |  |  | — |
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES |  | (193,847 | ) |  | (60,397 | ) |  | (58,030 | ) |  | 151,313 |  |  | (160,961 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |
Proceeds from issuance of notes and bank borrowings |  | — |  |  | 27,500 |  |  | — |  |  | — |  |  | 27,500 |
Payments on long-term debt, capital leases, and associated costs |  | (37,983 | ) |  | (30,493 | ) |  | (17,043 | ) |  | — |  |  | (85,519 | )
Additions to funds held financing |  | — |  |  | (1,326 | ) |  | — |  |  | — |  |  | (1,326 | )
Payments on gold production royalty |  | — |  |  | — |  |  | (73,191 | ) |  | — |  |  | (73,191 | )
Payments on gold lease facility |  | (13,800 | ) |  | — |  |  | — |  |  | — |  |  | (13,800 | )
Net intercompany borrowings (lending) |  | 163,224 |  |  | 26,239 |  |  | (189,463 | ) |  | — |  |  | — |
Other |  | 18 |  |  | — |  |  | — |  |  | — |  |  | 18 |
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES |  | 111,459 |  |  | 21,920 |  |  | (279,697 | ) |  | — |  |  | (146,318 | )
NET CHANGE IN CASH AND CASH EQUIVALENTS |  | 49,930 |  |  | (325 | ) |  | 59,289 |  |  | — |  |  | 108,894 |
Cash and cash equivalents at beginning of period |  | 35,742 |  |  | 758 |  |  | 29,618 |  |  | — |  |  | 66,118 |
Cash and cash equivalents at end of period |  | $ | 85,672 |  |  | $ | 433 |  |  | $ | 88,907 |  |  | $ | — |  |  | $ | 175,012 |
CONSOLIDATING BALANCE SHEET DECEMBER 31, 2013
|  | Coeur Mining, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 137,076 |  |  | $ | 991 |  |  | $ | 68,623 |  |  | $ | — |  |  | $ | 206,690 |
Investments |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Receivables |  | 530 |  |  | 19,982 |  |  | 60,562 |  |  | — |  |  | 81,074 |
Ore on leach pad |  | — |  |  | 50,495 |  |  | — |  |  | — |  |  | 50,495 |
Metal and other inventory |  | — |  |  | 35,290 |  |  | 96,733 |  |  | — |  |  | 132,023 |
Deferred tax assets |  | — |  |  | — |  |  | 35,008 |  |  | — |  |  | 35,008 |
Prepaid expenses and other |  | 4,128 |  |  | 5,282 |  |  | 16,530 |  |  | — |  |  | 25,940 |
|  | 141,734 |  |  | 112,040 |  |  | 277,456 |  |  | — |  |  | 531,230 |
NON-CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Property, plant and equipment, net |  | 5,980 |  |  | 143,118 |  |  | 337,175 |  |  | — |  |  | 486,273 |
Mining properties, net |  | — |  |  | 235,537 |  |  | 1,515,964 |  |  | — |  |  | 1,751,501 |
Ore on leach pad |  | — |  |  | 31,528 |  |  | — |  |  | — |  |  | 31,528 |
Restricted assets |  | 830 |  |  | 50 |  |  | 6,134 |  |  | — |  |  | 7,014 |
Marketable securities |  | — |  |  | 14,521 |  |  | — |  |  | — |  |  | 14,521 |
Receivables |  | — |  |  | — |  |  | 36,574 |  |  | — |  |  | 36,574 |
Debt issuance costs, net |  | 10,812 |  |  | — |  |  | — |  |  | — |  |  | 10,812 |
Deferred tax assets |  | 955 |  |  | — |  |  | 234 |  |  | — |  |  | 1,189 |
Net investment in subsidiaries |  | 1,242,480 |  |  | 46,215 |  |  | 1,578,799 |  |  | (2,867,494 | ) |  | — |
Other |  | 53,858 |  |  | 14,616 |  |  | 320,425 |  |  | (373,563 | ) |  | 15,336 |
TOTAL ASSETS |  | $ | 1,456,649 |  |  | $ | 597,625 |  |  | $ | 4,072,761 |  |  | $ | (3,241,057 | ) |  | $ | 2,885,978 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 1,963 |  |  | $ | 15,864 |  |  | $ | 36,020 |  |  | $ | — |  |  | $ | 53,847 |
Accrued liabilities and other |  | 1,545 |  |  | 950 |  |  | 4,348 |  |  | — |  |  | 6,843 |
Accrued income taxes |  | 34 |  |  | — |  |  | 3,085 |  |  | — |  |  | 3,119 |
Accrued payroll and related benefits |  | 5,152 |  |  | 7,062 |  |  | 6,115 |  |  | — |  |  | 18,329 |
Accrued interest payable |  | 9,962 |  |  | 4 |  |  | 1,063 |  |  | (1,054 | ) |  | 9,975 |
Debt and capital leases |  | — |  |  | 1,262 |  |  | 309,472 |  |  | (308,229 | ) |  | 2,505 |
Royalty obligations |  | — |  |  | 3,934 |  |  | 44,085 |  |  | — |  |  | 48,019 |
Reclamation and mine closure |  | — |  |  | — |  |  | 794 |  |  | 119 |  |  | 913 |
Deferred tax liabilities |  | — |  |  | — |  |  | 1,011 |  |  | — |  |  | 1,011 |
|  | 18,656 |  |  | 29,076 |  |  | 405,993 |  |  | (309,164 | ) |  | 144,561 |
NON-CURRENT LIABILITIES |  |  |  |  |  |  |  |  |  |
Debt and capital leases |  | 305,335 |  |  | 255 |  |  | 64,820 |  |  | (64,280 | ) |  | 306,130 |
Royalty obligations |  | — |  |  | 17,696 |  |  | 47,446 |  |  | — |  |  | 65,142 |
Reclamation and mine closure |  | — |  |  | 45,894 |  |  | 11,740 |  |  | (119 | ) |  | 57,515 |
Deferred tax liabilities |  | 37,095 |  |  | 1,618 |  |  | 517,533 |  |  | — |  |  | 556,246 |
Other long-term liabilities |  | 2,467 |  |  | 544 |  |  | 22,806 |  |  | — |  |  | 25,817 |
Intercompany payable (receivable) |  | (637,471 | ) |  | 427,085 |  |  | 210,386 |  |  | — |  |  | — |
|  | (292,574 | ) |  | 493,092 |  |  | 874,731 |  |  | (64,399 | ) |  | 1,010,850 |
STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |
Common stock |  | 1,028 |  |  | 250 |  |  | 122,666 |  |  | (122,916 | ) |  | 1,028 |
Additional paid-in capital |  | 2,781,164 |  |  | 79,712 |  |  | 3,258,037 |  |  | (3,337,749 | ) |  | 2,781,164 |
Accumulated deficit |  | (1,046,719 | ) |  | 401 |  |  | (588,666 | ) |  | 588,265 |  |  | (1,046,719 | )
Accumulated other comprehensive loss |  | (4,906 | ) |  | (4,906 | ) |  | — |  |  | 4,906 |  |  | (4,906 | )
|  | 1,730,567 |  |  | 75,457 |  |  | 2,792,037 |  |  | (2,867,494 | ) |  | 1,730,567 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY |  | $ | 1,456,649 |  |  | $ | 597,625 |  |  | $ | 4,072,761 |  |  | $ | (3,241,057 | ) |  | $ | 2,885,978 |
CONSOLIDATING BALANCE SHEET DECEMBER 31, 2012
|  | Coeur Mining, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 86,788 |  |  | $ | 400 |  |  | $ | 38,252 |  |  | $ | — |  |  | $ | 125,440 |
Investments |  | 999 |  |  | — |  |  | — |  |  | — |  |  | 999 |
Receivables |  | 8,520 |  |  | 7,643 |  |  | 46,275 |  |  | — |  |  | 62,438 |
Ore on leach pad |  | — |  |  | 22,991 |  |  | — |  |  | — |  |  | 22,991 |
Metal and other inventory |  | — |  |  | 45,906 |  |  | 124,764 |  |  | — |  |  | 170,670 |
Deferred tax assets |  | — |  |  | — |  |  | 2,458 |  |  | — |  |  | 2,458 |
Prepaid expenses and other |  | 3,395 |  |  | 5,947 |  |  | 11,844 |  |  | — |  |  | 21,186 |
|  | 99,702 |  |  | 82,887 |  |  | 223,593 |  |  | — |  |  | 406,182 |
NON-CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Property, plant and equipment, net |  | 4,183 |  |  | 208,857 |  |  | 470,820 |  |  | — |  |  | 683,860 |
Mining properties, net |  | — |  |  | 301,506 |  |  | 1,690,445 |  |  | — |  |  | 1,991,951 |
Ore on leach pad |  | — |  |  | 21,356 |  |  | — |  |  | — |  |  | 21,356 |
Restricted assets |  | 18,922 |  |  | 60 |  |  | 5,988 |  |  | — |  |  | 24,970 |
Marketable securities |  | 27,065 |  |  | — |  |  | — |  |  | — |  |  | 27,065 |
Receivables |  | — |  |  | — |  |  | 48,767 |  |  | — |  |  | 48,767 |
Debt issuance costs, net |  | 3,713 |  |  | — |  |  | — |  |  | — |  |  | 3,713 |
Deferred tax assets |  | 955 |  |  | — |  |  | — |  |  | — |  |  | 955 |
Net investment in subsidiaries |  | 1,553,434 |  |  | — |  |  | 1,285,862 |  |  | (2,839,296 | ) |  | — |
Other |  | 39,120 |  |  | 12,360 |  |  | 318,330 |  |  | (357,228 | ) |  | 12,582 |
TOTAL ASSETS |  | $ | 1,747,094 |  |  | $ | 627,026 |  |  | $ | 4,043,805 |  |  | $ | (3,196,524 | ) |  | $ | 3,221,401 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 2,954 |  |  | $ | 17,211 |  |  | $ | 37,317 |  |  | $ | — |  |  | $ | 57,482 |
Accrued liabilities and other |  | 1,418 |  |  | 4,014 |  |  | 4,570 |  |  | — |  |  | 10,002 |
Accrued income taxes |  | 257 |  |  | — |  |  | 26,851 |  |  | — |  |  | 27,108 |
Accrued payroll and related benefits |  | 7,477 |  |  | 8,158 |  |  | 5,671 |  |  | — |  |  | 21,306 |
Accrued interest payable |  | 463 |  |  | 5 |  |  | 1,002 |  |  | (992 | ) |  | 478 |
Debt and capital leases |  | 48,081 |  |  | 3,013 |  |  | 309,539 |  |  | (304,650 | ) |  | 55,983 |
Royalty obligations |  | — |  |  | — |  |  | 65,104 |  |  | — |  |  | 65,104 |
Reclamation and mine closure |  | — |  |  | — |  |  | 1,445 |  |  | (777 | ) |  | 668 |
Deferred tax liabilities |  | — |  |  | — |  |  | 121 |  |  | — |  |  | 121 |
|  | 60,650 |  |  | 32,401 |  |  | 451,620 |  |  | (306,419 | ) |  | 238,252 |
NON-CURRENT LIABILITIES |  |  |  |  |  |  |  |  |  |
Debt and capital leases |  | — |  |  | 1,675 |  |  | 53,367 |  |  | (51,582 | ) |  | 3,460 |
Royalty obligations |  | — |  |  | — |  |  | 141,879 |  |  | — |  |  | 141,879 |
Reclamation and mine closure |  | — |  |  | 23,149 |  |  | 10,744 |  |  | 777 |  |  | 34,670 |
Deferred tax liabilities |  | 115,425 |  |  | — |  |  | 462,063 |  |  | — |  |  | 577,488 |
Other long-term liabilities |  | 955 |  |  | 8,086 |  |  | 18,331 |  |  | — |  |  | 27,372 |
Intercompany payable (receivable) |  | (628,216 | ) |  | 390,480 |  |  | 237,736 |  |  | — |  |  | — |
|  | (511,836 | ) |  | 423,390 |  |  | 924,120 |  |  | (50,805 | ) |  | 784,869 |
STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |
Common stock |  | 903 |  |  | 350 |  |  | 22,760 |  |  | (23,110 | ) |  | 903 |
Additional paid-in capital |  | 2,601,254 |  |  | 107,734 |  |  | 2,748,173 |  |  | (2,855,907 | ) |  | 2,601,254 |
Accumulated deficit |  | (396,156 | ) |  | 63,151 |  |  | (102,868 | ) |  | 39,717 |  |  | (396,156 | )
Accumulated other comprehensive loss |  | (7,721 | ) |  | — |  |  | — |  |  | — |  |  | (7,721 | )
|  | 2,198,280 |  |  | 171,235 |  |  | 2,668,065 |  |  | (2,839,300 | ) |  | 2,198,280 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY |  | $ | 1,747,094 |  |  | $ | 627,026 |  |  | $ | 4,043,805 |  |  | $ | (3,196,524 | ) |  | $ | 3,221,401 |

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