The largest item line reported in the assets section of the consolidated statement of financial position is Mineral Stream interests $5,707,019 explain why makes sense that the largest asset is the one identified? Consolidated Balance Sheets(US dollars in thousands)AssetsCurrent assetsCash and cash equivalentsAccounts receivableCobalt inventoryOtherTotal current assetsNon-current assetsMineral stream interestsEarly deposit mineral stream interestsMineral royalty interestLong-term equity investmentsRefundable deposit - 777 PMPAConvertible notes receivableProperty, plant and equipmentOtherTotal non-current assetsTotal assetsLiabilitiesCurrent liabilitiesAccounts payable and accrued liabilities.Current taxes payableCurrent portion of performance share unitsCurrent portion of lease liabilitiesTotal current liabilitiesNon-current liabilitiesPerformance share unitsLease liabilitiesDeferred income taxesPension liabilityTotal non-current liabilitiesTotal liabilitiesShareholders' equityIssued capitalReservesRetained earningsTotal shareholders' equityTotal liabilities and shareholders' equity/s/ Randy SmallwoodRandy SmallwoodDirectorNote26 $1112281819172029As atDecember 3120222724.121.224.121.22731$13 $ 5,707,019 $1516$$69$$$$$$As atDecember 312021696,089 $10,18710,5303,287720,093 $/s/Marilyn SchonbernerMarilyn SchonbernerDirector46,0926,606256,0958,0734,21011,7186,039,813 $6,759,906 $12,570 $2,76314,56681830,717 $22 $ 3,752,662 $2366,5472.898.4666,717,675 $6.759,906 $6,6731.1521653.52411,514 $42,231 $226,04511,5778,7123,390249,7245,905,79734,7416,60661,47717,0865,50915,2116,046,4276,296,15113,93913214,80781329,69111,4982,0601002,68516.34346,0343.698,99847,0362,504,0836,250.1176,296,151

Consolidated Financial Statements: These relate to the overall financial statements of the group.…

The largest item line reported in the assets section of the consolidated statement of financial position is Mineral Stream interests $5,707,019 explain why makes sense that the largest asset is the one identified?

The largest item line reported in the assets section of the consolidated statement of financial position is Mineral Stream interests $5,707,019 explain why makes sense that the largest asset is the one identified?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Consolidated Balance Sheets
(US dollars in thousands)
Assets
Current assets
Cash and cash equivalents
Accounts receivable
Cobalt inventory
Other
Total current assets
Non-current assets
Mineral stream interests
Early deposit mineral stream interests
Mineral royalty interest
Long-term equity investments
Refundable deposit - 777 PMPA
Convertible notes receivable
Property, plant and equipment
Other
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable and accrued liabilities.
Current taxes payable
Current portion of performance share units
Current portion of lease liabilities
Total current liabilities
Non-current liabilities
Performance share units
Lease liabilities
Deferred income taxes
Pension liability
Total non-current liabilities
Total liabilities
Shareholders' equity
Issued capital
Reserves
Retained earnings
Total shareholders' equity
Total liabilities and shareholders' equity
/s/ Randy Smallwood
Randy Smallwood
Director
Note
26 $
11
12
28
18
19
17
20
29
As at
December 31
2022
27
24.1
21.2
24.1
21.2
27
31
$
13 $ 5,707,019 $
15
16
$
$
69
$
$
$
$
$
$
As at
December 31
2021
696,089 $
10,187
10,530
3,287
720,093 $
/s/Marilyn Schonberner
Marilyn Schonberner
Director
46,092
6,606
256,095
8,073
4,210
11,718
6,039,813 $
6,759,906 $
12,570 $
2,763
14,566
818
30,717 $
22 $ 3,752,662 $
23
66,547
2.898.466
6,717,675 $
6.759,906 $
6,673
1.152
165
3.524
11,514 $
42,231 $
226,045
11,577
8,712
3,390
249,724
5,905,797
34,741
6,606
61,477
17,086
5,509
15,211
6,046,427
6,296,151
13,939
132
14,807
813
29,691
11,498
2,060
100
2,685
16.343
46,034
3.698,998
47,036
2,504,083
6,250.117
6,296,151

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