Investor Presentation
Balance Sheet Summary
⑆CORSA
RS,
TSX-V: CSO | OTCQX: CRSXF
$mm as of:
12/31/2019
12/31/2020
12/31/2021
12/31/2022
12/31/2023
Balance Sheet Summary
Total Assets
$269.3
$210.1
$215.5
$192.6
$191.3
Total Liabilities
$118.2
$122.4
$126.2
$131.0
$105.8
Total Equity
$151.1
$87.7
$89.3
$61.6
$85.5
Select Balance Sheet Items
Cash
$4.3
$24.8
$12.7
$7.0
$11.4
Working Capital
$16.3
$22.1
$14.2
($9.3)
$9.9
Debt
Revolving Credit Facility
$14.5
$0.0
$0.0
$0.0
$0.0
Equipment Loan
$10.9
$8.3
$4.1
$0.9
$0.0
Loans Payable
$0.0
$25.4
$25.3
$25.3
$16.6
Notes Payable
Lease Liabilities
$0.0
$0.0
$0.0
$0.0
$0.0
$3.5
$4.2
$3.1
$4.1
$5.1
Total Debt
$28.9
$37.9
$32.5
$30.3
$21.7
Net Debt
$24.6
$13.1
$19.8
$23.3
$10.3
Significant Non Debt Liabilities
Site Reclamation Liability (1)
$33.8
$36.9
$40.5
$40.6
$44.8
Cash Collateral
$5.5
$6.9
$8.1
$9.5
$11.1
Net Liability
$28.3
$30.0
$32.4
$31.1
$33.7
Water Treatment Liability
$25.3
$30.6
$24.0
$29.1
$14.6
Cash Held in Trusts
Net Liability
Workers Compensation Liability
Cash Collateral
$27.6
$27.9
$31.0
$26.9
$28.8
($2.3)
$2.7
($7.0)
$2.2
($14.2)
$6.1
$6.4
$6.3
$5.2
$5.9
$4.1
$4.6
$4.3
$5.2
$6.0
Net Liability
$2.0
$1.8
$2.0
$0.0
($0.1)
Asset Retirement Obligations Cash Expenditures
$6.1
$3.3
$4.1
$5.4
$5.3
(1) $67,210,000 in surety bonds are posted against this liability as of 12/31/2023
Source: Company filing.
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