XML 23 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 1,109,700,000 $ 1,199,693,000
Short-term investments 213,614,000 306,347,000
Accounts receivable [1] 3,477,000 4,638,000
Other receivables 9,568,000 7,232,000
Current portion of loans receivable 4,458,000 4,664,000
Prepaids and other assets 7,827,000 9,395,000
Inventory 53,216,000 38,043,000
Total current assets 1,401,860,000 1,570,012,000
Investments in equity accounted investees 933,000 557,000
Advances to joint ventures 18,598,000 19,437,000
Loan receivable, net 65,371,000 44,967,000
Property, plant and equipment 164,290,000 161,809,000
Right-of-use assets 10,100,000 6,546,000
Intangible assets 69,399,000 72,320,000
Goodwill 179,736,000 214,794,000
Total assets 1,910,287,000 2,090,442,000
Current liabilities    
Accounts payable and other liabilities 28,316,000 35,301,000
Current portion of lease obligation 1,206,000 427,000
Derivative liabilities 205,714,000 297,160,000
Total current liabilities 235,236,000 332,888,000
Due to non-controlling interests 3,048,000 1,844,000
Lease obligation 8,958,000 6,680,000
Total liabilities 247,242,000 341,412,000
Commitments and contingencies [2]
Shareholders’ equity    
Share capital [3],[4] 565,211,000 561,165,000
Additional paid-in capital 27,046,000 23,234,000
Retained earnings 1,106,709,000 1,137,646,000
Accumulated other comprehensive income (loss) (33,970,000) 27,838,000
Total equity attributable to shareholders of Cronos Group 1,664,996,000 1,749,883,000
Non-controlling interests (1,951,000) (853,000)
Total shareholders’ equity 1,663,045,000 1,749,030,000
Total liabilities and shareholders’ equity $ 1,910,287,000 $ 2,090,442,000
[1] Net of current expected credit loss allowance of $80 as of June 30, 2020 (December 31, 2019 – $136)
[2] Refer to Note 19 and Note 20 in the notes to condensed consolidated financial statements.
[3] Authorized for issuance as of June 30, 2020: unlimited (December 31, 2019 – unlimited).
[4] Shares issued as of June 30, 2020: 349,886,402 (as of December 31, 2019: 348,817,472)