Starcore International Mines Ltd.

Financial Statements (IFRS) · Amounts in CAD

5 10 All

Annual Quarterly

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2022Apr 30, 2022	FY 2021Apr 30, 2021
Total Revenue	25.7M	26.8M
Operating Revenue	25.7M	26.8M
Cost Of Revenue	20.4M	20.4M
Gross Profit	5.3M	6.4M
Selling General And Administration	3.0M	2.6M
General And Administrative Expense	3.0M	2.6M
Other Operating Expenses	763,000	379,000
Operating Expense	3.8M	3.0M
Operating Income	1.5M	3.4M
EBIT	2.9M	1.6M
Interest Expense	160,000	123,000
Interest Expense Non Operating	160,000	123,000
Interest Income	4,000	6,000
Interest Income Non Operating	4,000	6,000
Net Interest Income	-181,000	-148,000
Other Income Expense	1.4M	-1.8M
Special Income Charges	1.6M	-1.1M
Gain On Sale Of Security	-202,000	-697,000
Pretax Income	2.7M	1.4M
Tax Provision	296,000	-1.4M
Tax Effect Of Unusual Items	148,822	-480,445
Net Income From Continuing And Discontinued Operation	2.4M	2.9M
Net Income From Continuing Operation Net Minority Interest	2.4M	2.9M
Net Income Including Noncontrolling Interests	2.4M	2.9M
Net Income Common Stockholders	2.4M	2.9M
Net Income	2.4M	2.9M
EBITDA	6.3M	6.0M
Normalized EBITDA	5.0M	7.8M
Reconciled Depreciation	3.5M	4.5M
Basic EPS	0.05	0.06
Diluted EPS	0.05	0.06
Basic Average Shares	49.6M	49.6M
Diluted Average Shares	49.6M	51.9M
Total Unusual Items	1.4M	-1.8M
Total Unusual Items Excluding Goodwill	1.4M	-1.8M
Tax Rate For Calcs	0.11	0.27
Normalized Income	1.2M	4.2M
Diluted NI Availto Com Stockholders	2.4M	2.9M
Gain On Sale Of Business	1.6M	-1.1M
Gain On Sale Of Ppe	--	0.00
Impairment Of Capital Assets	0.00	0.00
Net Income Continuous Operations	2.4M	2.9M
Net Non Operating Interest Income Expense	-181,000	-148,000
Other Gand A	1.7M	1.3M
Provision For Doubtful Accounts	--	0.00
Reconciled Cost Of Revenue	20.4M	20.4M
Salaries And Wages	1.3M	1.3M
Total Expenses	24.2M	23.4M
Total Other Finance Cost	25,000	31,000

Line Item	FY 2022Apr 30, 2022	FY 2021Apr 30, 2021
Cash And Cash Equivalents	8.8M	4.4M
Cash Cash Equivalents And Short Term Investments	9.3M	5.2M
Cash Financial	8.8M	4.4M
Other Short Term Investments	492,000	779,000
Accounts Receivable	315,000	380,000
Receivables	1.6M	1.2M
Inventory	1.5M	1.8M
Prepaid Assets	472,000	367,000
Current Assets	12.9M	8.5M
Gross PPE	102.6M	95.2M
Accumulated Depreciation	-66.8M	-60.8M
Net PPE	35.8M	34.5M
Other Non Current Assets	--	165,000
Total Non Current Assets	39.1M	38.0M
Total Assets	52.0M	46.5M
Current Debt And Capital Lease Obligation	636,000	447,000
Accounts Payable	3.1M	2.2M
Payables	3.1M	2.2M
Payables And Accrued Expenses	3.1M	2.2M
Current Liabilities	3.8M	2.7M
Long Term Debt And Capital Lease Obligation	262,000	500,000
Long Term Capital Lease Obligation	262,000	500,000
Total Non Current Liabilities Net Minority Interest	8.2M	7.5M
Total Liabilities Net Minority Interest	12.0M	10.2M
Common Stock	50.7M	50.7M
Capital Stock	50.7M	50.7M
Retained Earnings	-24.2M	-26.6M
Gains Losses Not Affecting Retained Earnings	13.5M	12.2M
Other Equity Adjustments	11.3M	11.3M
Common Stock Equity	40.1M	36.3M
Stockholders Equity	40.1M	36.3M
Total Equity Gross Minority Interest	40.1M	36.3M
Total Capitalization	40.1M	36.3M
Net Tangible Assets	40.1M	36.3M
Tangible Book Value	40.1M	36.3M
Working Capital	9.1M	5.8M
Invested Capital	40.1M	36.3M
Total Debt	898,000	947,000
Share Issued	49.6M	49.6M
Ordinary Shares Number	49.6M	49.6M
Capital Lease Obligations	898,000	947,000
Current Capital Lease Obligation	636,000	447,000
Finished Goods	42,000	0.00
Foreign Currency Translation Adjustments	2.2M	816,000
Leases	156,000	208,000
Long Term Provisions	2.4M	2.0M
Machinery Furniture Equipment	740,000	725,000
Non Current Deferred Assets	3.3M	3.3M
Non Current Deferred Liabilities	5.6M	5.1M
Non Current Deferred Taxes Assets	3.3M	3.3M
Non Current Deferred Taxes Liabilities	5.6M	5.1M
Non Current Prepaid Assets	--	165,000
Other Inventories	367,000	938,000
Other Properties	--	979,000
Other Receivables	152,000	130,000
Raw Materials	1.0M	758,000
Taxes Receivable	1.1M	660,000
Work In Process	80,000	85,000

Line Item	FY 2022Apr 30, 2022	FY 2021Apr 30, 2021
Operating Cash Flow	5.8M	7.7M
Cash Flow From Continuing Operating Activities	5.8M	7.7M
Depreciation And Amortization	3.5M	4.5M
Depreciation Amortization Depletion	3.5M	4.5M
Stock Based Compensation	140,000	72,000
Deferred Tax	296,000	-1.4M
Deferred Income Tax	296,000	-1.4M
Change In Working Capital	554,000	412,000
Change In Receivables	-450,000	629,000
Change In Inventory	183,000	-332,000
Change In Payables And Accrued Expense	939,000	230,000
Change In Payable	939,000	230,000
Other Non Cash Items	241,000	229,000
Capital Expenditure	-2.8M	-1.6M
Purchase Of PPE	-2.8M	-1.6M
Net PPE Purchase And Sale	-1.2M	-1.6M
Sale Of Business	0.00	456,000
Investing Cash Flow	-1.0M	-1.1M
Cash Flow From Continuing Investing Activities	-1.0M	-1.1M
Issuance Of Debt	--	0.00
Repayment Of Debt	-611,000	-3.7M
Net Issuance Payments Of Debt	-611,000	-3.7M
Financing Cash Flow	-611,000	-4.0M
Cash Flow From Continuing Financing Activities	-611,000	-4.0M
Effect Of Exchange Rate Changes	221,000	-364,000
Changes In Cash	4.2M	2.7M
Beginning Cash Position	4.4M	2.1M
End Cash Position	8.8M	4.4M
Free Cash Flow	3.1M	6.2M
Amortization Cash Flow	647,000	719,000
Amortization Of Intangibles	647,000	719,000
Asset Impairment Charge	--	0.00
Cash Dividends Paid	0.00	0.00
Change In Prepaid Assets	-118,000	-115,000
Depreciation	2.8M	3.7M
Gain Loss On Sale Of Business	40,000	1.1M
Gain Loss On Sale Of PPE	-1.6M	0.00
Interest Paid Cff	0.00	-235,000
Interest Received Cfi	--	0.00
Long Term Debt Issuance	--	0.00
Long Term Debt Payments	-611,000	-3.7M
Net Business Purchase And Sale	0.00	456,000
Net Income From Continuing Operations	2.4M	2.9M
Net Long Term Debt Issuance	-611,000	-3.7M
Net Other Investing Changes	134,000	--
Operating Gains Losses	-1.6M	1.1M
Provisionand Write Offof Assets	--	0.00
Sale Of PPE	1.6M	0.00
Unrealized Gain Loss On Investment Securities	287,000	0.00