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v3.19.1

Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017
Cash flows from operating activities |  |
Net (loss) income for the year | $ (31) | $ 71,466
Adjustments for: |  |
Depreciation, depletion and amortization | 100,479 | 102,482
Net finance expense | 20,564 | 26,467
Impairment reversal | 0 | (24,357)
Income tax expense | 8,121 | 3,121
Non-cash foreign exchange gain | (13,002) | (4,373)
Net changes in non-cash working capital items | (30,934) | (4,886)
Other operating activities | 6,883 | 3,610
Cash generated from operating activities before interest and taxes | 92,080 | 173,530
Moratorium paid | (5,683) | (9,270)
Interest paid | (13,831) | (15,235)
Income taxes paid | (12,797) | (4,300)
Cash generated by operating activities | 59,769 | 144,725
Cash flows from investing activities |  |
Purchase of property, plant and equipment | (67,747) | (28,897)
Capitalized stripping costs | (7,489) | (22,863)
Underground mine development costs | (9,074) | (8,294)
Capitalized exploration costs | (13,473) | (5,368)
Chinchillas project costs | (60,248) | (11,432)
Closing payment on formation of joint venture, net of cash acquired | 0 | (12,972)
Loan to joint venture partner | (8,032) | 0
Investment in marketable securities | (23,057) | 0
Net proceeds from sale of marketable securities | 63,445 | 68,641
Interest received | 9,219 | 3,944
Other investing activities | 526 | 1,747
Cash used in investing activities | (115,930) | (15,494)
Cash flows from financing activities |  |
Proceeds from exercise of stock options | 5,320 | 2,281
Funding from non-controlling interest | 15,196 | 2,320
Cash generated by financing activities | 20,516 | 4,601
Effect of foreign exchange rate changes on cash and cash equivalents | (5,007) | (1,095)
Increase (decrease) in cash and cash equivalents | (40,652) | 132,737
Cash and cash equivalents, beginning of year | 459,864 | 327,127
Cash and cash equivalents, end of year | $ 419,212 | $ 459,864

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- Definition The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2018-01-01 -Paragraph 16 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=7&date=2018-03-01&anchor=para_16_a&doctype=Standard -URIDate 2018-03-16 + Details
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- Definition Adjustments To Reconcile Profit (Loss), Non-Cash [Abstract] + References No definition available. + Details
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- Definition Capitalized Stripping Costs, Classified As Investing Activities + References No definition available. + Details
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- Definition Income Taxes Moratorium Paid (Refund), Classified As Operating Activities + References No definition available. + Details
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- Definition Underground Mine Development Costs, Classified As Investing Activities + References No definition available. + Details
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