ENDEAVOUR SILVER CORP.
CONSOLIDATED BALANCE SHEETS
(expressed in thousands of US dollars)
--------------------------------------------------------------------------- March 31, December 31, 2013 2012---------------------------------------------------------------------------ASSETSCurrent assets Cash and cash equivalents $ 28,365 $ 18,617 Investments 2,868 8,520 Accounts receivable 32,180 20,526 Inventories 39,993 40,797 Prepaid expenses 14,808 9,940---------------------------------------------------------------------------Total current assets 118,214 98,400Non-current deposits 1,121 1,451Mineral property, plant and equipment 354,700 338,431Goodwill 39,245 39,245---------------------------------------------------------------------------Total assets $ 513,280 $ 477,527----------------------------------------------------------------------------LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities Accounts payable and accrued liabilities $ 35,171 $ 34,631 Income taxes payable 4,173 3,854 Derivative liabilities 3,884 5,336 Revolving credit facility 33,000 9,000---------------------------------------------------------------------------Total current liabilities 76,228 52,821Provision for reclamation and rehabilitation 6,506 6,496Contingent liability 6,006 8,497Deferred income tax liability 71,970 69,517---------------------------------------------------------------------------Total liabilities 160,710 137,331---------------------------------------------------------------------------Shareholders' equityCommon shares, unlimited shares authorized, no par value, issuedand outstanding 99,688,010 shares (Dec 31, 357,979 357,296 2012 - 99,541,522 shares)Contributed surplus 12,042 12,828Accumulated comprehensive income (loss) (8,170) (5,331)Deficit (9,281) (24,597)---------------------------------------------------------------------------Total shareholders' equity 352,570 340,196---------------------------------------------------------------------------Total liabilities and shareholders' equity $ 513,280 $ 477,527---------------------------------------------------------------------------
This statement should be read in conjunction with the audited consolidated financial statements for the period ended March 31, 2013 and the related notes contained therein.
Contacts:
Endeavour Silver Corp.
Meghan Brown
Director Investor Relations
(604) 685-9775 or Toll Free: (877) 685-9775
(604) 685-9744 (FAX)
mbrown@edrsilver.com
www.edrsilver.com
