Apex Silver Mines Ltd

(AMEX:SIL)
  Jun 30, 2008 Mar 31, 2008 Dec 31, 2007 Sep 30, 2007
Assets
Current Assets
Cash & Equivalents 82,188 32,543 40,736 82,123
Restricted Cash 41,747 77,232 12,313 23,645
Marketable Securities 7,086 7,708 52,243 56,906
Accounts Receivable 1,126 19,932 3,110 1,110
Loans Receivable 2,702 2,702 2,728 —
Other Receivable 6,705 5,451 2,745 —
Receivables 10,533 28,085 8,583 1,110
Raw Materials 38,484 29,636 20,000 17,908
Work in Progress — — — —
Purchased Components — — — —
Finished Goods — — — —
Other Inventories 57,577 24,724 24,211 10,468
Inventories Adjustments and Allowances — — — —
Inventories 96,062 54,360 44,211 28,376
Prepaid Expenses 7,167 14,239 9,266 8,010
Current Deferred Income Taxes 9,843 3,433 — —
Other Current Assets 8,896 3,296 1,456 2,193
Total Current Assets 263,522 220,896 168,808 202,363
Land and Improvements 247,618 247,849 238,833 246,002
Building and Improvements 14,603 14,576 14,576 14,571
Machinery Furniture and Equipment 532,073 526,103 599,370 595,625
Construction in Progress 15,143 6,302 9,287 2,048
Other Fixed Assets 82,673 81,390 12,283 12,283
Total Fixed Assets 892,110 876,220 874,349 870,529
Gross Fixed Assets 892,110 876,220 874,349 870,529
Accumulated Depreciation and Depletion 57,542 42,355 32,368 22,773
Net Fixed Assets 834,568 833,865 841,981 847,756
Intangibles — — — —
Cost in Excess — — — —
Non Current Deferred Income Taxes — — 15,990 1,720
Other Non Current Assets 324,632 296,738 298,132 314,147
Total Non Current Assets 1,159,200 1,130,603 1,156,103 1,163,623
Total Assets 1,422,722 1,351,499 1,324,911 1,365,986
Liabilities
Current Liabilities
Accounts Payable 39,488 63,525 55,957 54,534
Notes Payable — — — —
Short Term Debt 85,009 41,067 41,155 8,914
Accrued Expenses — — — —
Accrued Liabilities 56,871 3,156 4,982 2,218
Deferred Revenues 52,667 — — —
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities 219,491 325,269 266,820 303,624
Total Current Liabilities 453,526 433,017 368,914 369,290
Non Current Liabilities
Long Term Debt 500,742 545,384 546,981 581,623
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities 8,082 8,370 — —
Other Non Current Liabilities 239,974 457,579 493,117 695,746
Minority Interest Liabilities 97,358 — — 588
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 1,299,682 1,444,350 1,409,012 1,647,247
Total Liabilities 846,156 1,011,333 1,040,098 1,277,957
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 123,040 -92,851 -84,101 -281,261
Common Par 590 590 589 587
Additional Paid in Capital 679,418 678,273 677,203 675,287
Cumulative Translation Adjustment — — — —
Retained Earnings -558,522 -771,036 -761,783 -957,046
Treasury Stock — — — —
Other Equity Adjustments 1,554 -678 -110 -89
Total Capitalization 623,782 452,533 462,880 300,362
Cash Flow 248,156 -82,107 27,488 -641,423
Working Capital -190,004 -212,121 -200,106 -166,927
Free Cash Flow 65,762 -423 -314,889 -259,424
Invested Capital 623,782 452,533 462,880 300,362
Total Equity 123,040 -92,851 -84,101 -281,261
Total Liabilities and Stock Equity 1,422,722 1,351,499 1,324,911 1,365,986