Today's special offer: Access for Free!!!

Goldcorp Inc. (GG) | Statement of Financial Position, Assets

See also

ˇ Show More

The statement of financial position provides creditors, investors, and analysts with information on company's resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company's assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

Goldcorp Inc., Consolidated Statement of Financial Position, Assets

USD $ in millions

Export to Excel Export to OpenOffice.org
    Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Cash and cash equivalents
chart Accounts receivable
chart Inventories and stockpiled ore
chart Notes receivable
chart Current derivative assets
chart Prepaid expenses and other
chart Marketable securities
chart Money market investments
chart Income taxes receivable
chart Other current assets
chart Current assets
chart Mining interests owned by subsidiaries
chart Investments in associates
chart Mining interests
chart Goodwill
chart Investments in securities
chart Note receivable
chart Deposits on mining interest expenditures
chart Silver interests
chart Sales/indirect taxes recoverable
chart Non-current derivative assets
chart Stockpiled ore
chart Other
chart Other non-current assets
chart Non-current assets
chart Total assets
Source: Goldcorp Inc., Annual Reports
Item Description The company
Cash and cash equivalents Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents. Goldcorp Inc.'s cash and cash equivalents declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Accounts receivable Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Goldcorp Inc.'s accounts receivable increased from 2009 to 2010 and from 2010 to 2011.
Inventories and stockpiled ore Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). Goldcorp Inc.'s inventories and stockpiled ore increased from 2009 to 2010 and from 2010 to 2011.
Marketable securities Total debt and equity financial instruments including: (1) securities held-to-maturity, (2) trading securities, and (3) securities available-for-sale which are intended to be held for less than one year or the normal operating cycle, whichever is longer. Goldcorp Inc.'s marketable securities increased from 2009 to 2010 but then declined significantly from 2010 to 2011.
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Goldcorp Inc.'s current assets declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Mining interests owned by subsidiaries Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, and production equipment. Goldcorp Inc.'s mining interests owned by subsidiaries increased from 2009 to 2010 and from 2010 to 2011.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Goldcorp Inc.'s non-current assets increased from 2009 to 2010 and from 2010 to 2011.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Goldcorp Inc.'s total assets increased from 2009 to 2010 and from 2010 to 2011.

Top

Stock Analysis on Net (www.stock-analysis-on.net)
Copyright © 2012 EBIT Financial Analyses Center