Profit and Loss Statement
COSTS AND
EXPENSES
Mining and milling cost
General and
administrative expenses
Excise taxes and
royalties
Petroleum and other
production costs
Handling, hauling, and
storage
2014
23.12%
2015
-9.40%
2016
-0.22%
2017
-1.85%
2018
0.77%
2019
-69.80%
2020
-30.98%
-28.07%
-33.34%
-40.64%
-2.69%
-15.82%
-5.99%
-0.07%
-5.47%
-13.87%
3.56%
0.00%
11.95%
-15.65%
27.16%
128.46%
-59.41%
-
-
-
-
-5.43%
-95.24%
2103.29%
-
-
-
-
32.49%
2019
2020
11.57% 28.24%
10.98% 0.40%
Profit and Loss Statement
2015
2016
2017
REVENUE
2014
Gold
5.51%
-3.72%
9.51%
-12.51%
Copper
0.77%
-25.25%
15.26%
12.55%
Silver
Smelting
charges
Petroleum and
others
-4.75%
-10.80%
24.03%
-10.74%
2018
24.36%
22.34%
27.82%
28.85%
-1.56%
6.78%
-5.70%
-
-
-
Gross Profit
2.51%
10.01%
-2.52%
16.43%
Current Assets
Non Current
Assets
Current
Liabilities
Non Current
Liabilities
44.57% -45.44%
-15.16%
6.49%
14.89%
-
-
11.13% 15.38%
2014
21.35%
Statement of Financial Position
2015
2016
2017
2018
12.10% 17.83% 15.79% 10.94%
2019
7.71%
2020
8.85%
78.65%
87.90%
82.17%
84.21%
89.06%
92.29%
91.15%
16.85%
13.12%
14.43%
12.24%
16.73%
13.01%
10.84%
22.57%
24.23%
25.05%
25.43%
25.06%
26.39%
26.95%
Gross Profit
Cost and
Expenses
Net Income
Comprehensive
Income
Excise Tax
Profitability
Profit
Margin
Return on
Asset
Return on
Equity
Asset
Turnover
Receivable
Turnover
2014
94.95%
Profit and Loss Statement
2015
2016
2017
2018
92.77% 91.30% 91.56% 100.00%
2019
100.00%
2020
100.00%
79.52%
79.70%
67.18%
67.88%
89.27%
101.87%
80.40%
6.64%
8.44%
-9.02%
16.61%
7.97%
-9.54%
15.68%
5.87%
10.47%
14.57%
17.30%
8.51%
-10.76%
16.68%
1.85%
1.82%
1.78%
1.84%
2.67%
4.00%
2.85%
2018
2019
2020
2014
2015
Profitability Ratios
2016
2017
6.99%
9.10%
16.71%
18.14%
7.97%
-9.54%
15.68%
1.66%
1.76%
3.81%
4.23%
1.51%
-1.65%
3.20%
2.65%
2.86%
6.18%
6.89%
2.51%
-2.78%
5.21%
0.24
0.19
0.23
0.23
0.19
0.17
0.20
14.87
8.73
13.55
12.38
11.84
18.96
19.93
Liquidity Ratios
2016
2017
1.24
1.29
Liquidity
2014
2015
2018
Current Ratio 1.27
0.92
0.65
Working
Capital
2,007,665 -443,427 1,317,170 1,410,076 -2,357,487
Acid Test
Ratio
1.02
0.59
0.82
0.98
0.49
Solvency
Debt-Equity
Ratio
Debt to Assets
Ratio
Times Interest
Earned
2019
2020
0.59
0.82
2,007,821 -776,176
0.38
0.50
2014
2015
Solvency Ratio
2016
2017
0.65
0.60
0.65
0.60
0.72
0.65
0.61
0.39
0.37
0.39
0.38
0.42
0.39
0.38
3.00
3.12
-0.33
3.34
9.05
2.82
5.07
2018
2019
2020
2014
2015
Gross Output to Excise Tax
2016
2017
2018
2019
2020
Coppe
35,496,162 34,211,936 35,064,366 30,202,844 26,636,663 25,790,271 26,434,914
r and
Gold
Excise
195,940
167,476
182,657
183,463
204,373
271,257
222,915
Taxes