40-F Filing

SSR MINING INC. CIK: 921638 FY 2019

Filing Information

Form Type	40-F
Accession Number	`0001193125-20-079310`
Period End Date	20191231
Filing Date	20200319
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	ssrm-20191231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 40 Cash Flow Statement 68 Stockholders Equity 20 Comprehensive Income 18

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalents`	$503.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	$459.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	$419.21M	USD	Point-in-time
Trade and other receivables	`TradeAndOtherCurrentReceivables`	$87.31M	USD	Point-in-time
Trade and other receivables	`TradeAndOtherCurrentReceivables`	$42.84M	USD	Point-in-time
Marketable securities	`CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome`	$29.54M	USD	Point-in-time
Marketable securities	`CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome`	$66.45M	USD	Point-in-time
Inventories	`Inventories`	$237.57M	USD	Point-in-time
Inventories	`Inventories`	$232.75M	USD	Point-in-time
Other	`OtherCurrentAssets`	$8.78M	USD	Point-in-time
Other	`OtherCurrentAssets`	$4.69M	USD	Point-in-time
Current assets	`CurrentAssets`	$899.66M	USD	Point-in-time
Current assets	`CurrentAssets`	$733.12M	USD	Point-in-time
Mineral properties, plant and equipment	`PropertyPlantAndEquipment`	$769.46M	USD	Point-in-time
Mineral properties, plant and equipment	`PropertyPlantAndEquipment`	$701.17M	USD	Point-in-time
Deferred income tax assets	`DeferredTaxAssets`	$7.52M	USD	Point-in-time
Deferred income tax assets	`DeferredTaxAssets`	$63.00K	USD	Point-in-time
Goodwill	`Goodwill`	$49.79M	USD	Point-in-time
Goodwill	`Goodwill`	$49.79M	USD	Point-in-time
Other	`OtherNoncurrentAssets`	$29.54M	USD	Point-in-time
Other	`OtherNoncurrentAssets`	$31.13M	USD	Point-in-time
Total assets	`Assets`	$1.52B	USD	Point-in-time
Total assets	`Assets`	$1.75B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableandAccruedLiabilties1`	$83.04M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableandAccruedLiabilties1`	$111.12M	USD	Point-in-time
Reclamation and closure cost provision	`ShorttermProvisionForDecommissioningRestorationAndRehabilitationCosts`	$8.77M	USD	Point-in-time
Reclamation and closure cost provision	`ShorttermProvisionForDecommissioningRestorationAndRehabilitationCosts`	$211.00K	USD	Point-in-time
Current portion of debt	`ShorttermBorrowings`	-	USD	Point-in-time
Current portion of debt	`ShorttermBorrowings`	$114.28M	USD	Point-in-time
Current liabilities	`CurrentLiabilities`	$234.17M	USD	Point-in-time
Current liabilities	`CurrentLiabilities`	$83.25M	USD	Point-in-time
Deferred income tax liabilities	`DeferredTaxLiabilities`	$127.81M	USD	Point-in-time
Deferred income tax liabilities	`DeferredTaxLiabilities`	$107.91M	USD	Point-in-time
Reclamation and closure cost provision	`LongtermProvisionForDecommissioningRestorationAndRehabilitationCosts`	$75.47M	USD	Point-in-time
Reclamation and closure cost provision	`LongtermProvisionForDecommissioningRestorationAndRehabilitationCosts`	$61.96M	USD	Point-in-time
Debt	`LongtermBorrowings`	$169.77M	USD	Point-in-time
Debt	`LongtermBorrowings`	$247.55M	USD	Point-in-time
Other	`OtherNoncurrentLiabilities`	$14.49M	USD	Point-in-time
Other	`OtherNoncurrentLiabilities`	$8.93M	USD	Point-in-time
Total liabilities	`Liabilities`	$515.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$616.15M	USD	Point-in-time
Share capital	`IssuedCapital`	$1.06B	USD	Point-in-time
Share capital	`IssuedCapital`	$1.08B	USD	Point-in-time
Other reserves	`OtherReserves`	$-16.30M	USD	Point-in-time
Other reserves	`OtherReserves`	$19.76M	USD	Point-in-time
Equity component of convertible notes	`ReserveOfEquityComponentOfConvertibleInstruments`	$106.42M	USD	Point-in-time
Equity component of convertible notes	`ReserveOfEquityComponentOfConvertibleInstruments`	$68.35M	USD	Point-in-time
Deficit	`RetainedEarnings`	$-76.00M	USD	Point-in-time
Deficit	`RetainedEarnings`	$-133.31M	USD	Point-in-time
Total shareholders' equity attributable to SSR Mining shareholders	`EquityAttributableToOwnersOfParent`	$974.15M	USD	Point-in-time
Total shareholders' equity attributable to SSR Mining shareholders	`EquityAttributableToOwnersOfParent`	$1.13B	USD	Point-in-time
Non-controlling interest	`NoncontrollingInterests`	$31.83M	USD	Point-in-time
Non-controlling interest	`NoncontrollingInterests`	-	USD	Point-in-time
Total equity	`Equity`	$1.13B	USD	Point-in-time
Total equity	`Equity`	$1.02B	USD	Point-in-time
Total equity	`Equity`	$1.01B	USD	Point-in-time
Total liabilities and equity	`EquityAndLiabilities`	$1.52B	USD	Point-in-time
Total liabilities and equity	`EquityAndLiabilities`	$1.75B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractsWithCustomers`	$420.68M	USD	Annual
Revenue	`RevenueFromContractsWithCustomers`	$606.85M	USD	Annual
Production costs	`CostOfGoodSoldProductionCosts`	$329.81M	USD	Annual
Production costs	`CostOfGoodSoldProductionCosts`	$245.11M	USD	Annual
Depletion and depreciation	`CostOfGoodSoldDepletionDepreciationAndAmortization`	$98.72M	USD	Annual
Depletion and depreciation	`CostOfGoodSoldDepletionDepreciationAndAmortization`	$106.16M	USD	Annual
Cost of sales	`CostOfSales`	$435.97M	USD	Annual
Cost of sales	`CostOfSales`	$343.83M	USD	Annual
Income from mine operations	`GrossProfit`	$76.84M	USD	Annual
Income from mine operations	`GrossProfit`	$170.88M	USD	Annual
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$30.93M	USD	Annual
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$32.94M	USD	Annual
Exploration, evaluation and reclamation expenses	`ExpenseArisingFromExplorationForAndEvaluationOfMineralResources`	$17.62M	USD	Annual
Exploration, evaluation and reclamation expenses	`ExpenseArisingFromExplorationForAndEvaluationOfMineralResources`	$14.01M	USD	Annual
Operating income	`ProfitLossFromOperatingActivities`	$29.89M	USD	Annual
Operating income	`ProfitLossFromOperatingActivities`	$122.34M	USD	Annual
Interest and other finance income	`FinanceIncome`	$11.76M	USD	Annual
Interest and other finance income	`FinanceIncome`	$11.91M	USD	Annual
Interest expense and other finance costs	`FinanceCosts`	$31.60M	USD	Annual
Interest expense and other finance costs	`FinanceCosts`	$33.63M	USD	Annual
Loss on redemption of convertible debt	`LossOnRedemptionOfConvertibleDebt`	$5.42M	USD	Annual
Loss on redemption of convertible debt	`LossOnRedemptionOfConvertibleDebt`	-	USD	Annual
Other (expense) income	`NonoperatingIncomeExpenses`	$-9.09M	USD	Annual
Other (expense) income	`NonoperatingIncomeExpenses`	$-5.74M	USD	Annual
Foreign exchange (loss) gain	`GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss`	$9.16M	USD	Annual
Foreign exchange (loss) gain	`GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss`	$-5.36M	USD	Annual
Income before income taxes	`ProfitLossBeforeTax`	$86.13M	USD	Annual
Income before income taxes	`ProfitLossBeforeTax`	$8.09M	USD	Annual
Income tax expense	`IncomeTaxExpenseContinuingOperations`	$8.12M	USD	Annual
Income tax expense	`IncomeTaxExpenseContinuingOperations`	$30.37M	USD	Annual
Net income (loss)	`ProfitLoss`	$-31.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$55.76M	USD	Annual
Equity holders of SSR Mining	`ProfitLossAttributableToOwnersOfParent`	$57.31M	USD	Annual
Equity holders of SSR Mining	`ProfitLossAttributableToOwnersOfParent`	$6.38M	USD	Annual
Non-controlling interest	`ProfitLossAttributableToNoncontrollingInterests`	$-6.41M	USD	Annual
Non-controlling interest	`ProfitLossAttributableToNoncontrollingInterests`	$-1.56M	USD	Annual
Basic (usd per share)	`BasicEarningsLossPerShare`	$0.47	USD	Annual
Basic (usd per share)	`BasicEarningsLossPerShare`	$0.05	USD	Annual
Diluted (usd per share)	`DilutedEarningsLossPerShare`	$0.05	USD	Annual
Diluted (usd per share)	`DilutedEarningsLossPerShare`	$0.47	USD	Annual

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) for the year	`ProfitLoss`	$-31.00K	USD	Annual
Net income (loss) for the year	`ProfitLoss`	$55.76M	USD	Annual
Depreciation and depletion	`AdjustmentsForDepreciationAndAmortisationExpense`	$100.48M	USD	Annual
Depreciation and depletion	`AdjustmentsForDepreciationAndAmortisationExpense`	$108.25M	USD	Annual
Interest and other finance income	`Adjustmentsforinterestandotherfinanceincomeoperating`	$11.76M	USD	Annual
Interest and other finance income	`Adjustmentsforinterestandotherfinanceincomeoperating`	$11.91M	USD	Annual
Interest expense	`AdjustmentsForFinanceCosts`	$32.33M	USD	Annual
Interest expense	`AdjustmentsForFinanceCosts`	$30.01M	USD	Annual
Income tax expense	`AdjustmentsForIncomeTaxExpense`	$30.37M	USD	Annual
Income tax expense	`AdjustmentsForIncomeTaxExpense`	$8.12M	USD	Annual
Non-cash foreign exchange loss (gain)	`AdjustmentsForUnrealisedForeignExchangeLossesGains`	$2.16M	USD	Annual
Non-cash foreign exchange loss (gain)	`AdjustmentsForUnrealisedForeignExchangeLossesGains`	$-13.00M	USD	Annual
Loss on redemption of convertible debt	`LossOnRedemptionOfConvertibleDebt`	$5.42M	USD	Annual
Loss on redemption of convertible debt	`LossOnRedemptionOfConvertibleDebt`	-	USD	Annual
Other	`OtherAdjustmentsToReconcileProfitLoss`	$11.54M	USD	Annual
Other	`OtherAdjustmentsToReconcileProfitLoss`	$6.88M	USD	Annual
Net changes in non-cash working capital items	`IncreaseDecreaseInWorkingCapital`	$30.93M	USD	Annual
Net changes in non-cash working capital items	`IncreaseDecreaseInWorkingCapital`	$61.05M	USD	Annual
Cash generated from operating activities before interest and taxes	`CashFlowsFromUsedInOperations`	$170.56M	USD	Annual
Cash generated from operating activities before interest and taxes	`CashFlowsFromUsedInOperations`	$92.08M	USD	Annual
Moratorium paid	`IncomeTaxesMoratoriumPaidRefundClassifiedAsOperatingActivities`	$3.86M	USD	Annual
Moratorium paid	`IncomeTaxesMoratoriumPaidRefundClassifiedAsOperatingActivities`	$5.68M	USD	Annual
Interest paid	`InterestPaidClassifiedAsOperatingActivities`	$13.83M	USD	Annual
Interest paid	`InterestPaidClassifiedAsOperatingActivities`	$11.65M	USD	Annual
Income taxes paid	`IncomeTaxesPaidRefundClassifiedAsOperatingActivities`	$20.85M	USD	Annual
Income taxes paid	`IncomeTaxesPaidRefundClassifiedAsOperatingActivities`	$12.80M	USD	Annual
Cash generated by operating activities	`CashFlowsFromUsedInOperatingActivities`	$59.77M	USD	Annual
Cash generated by operating activities	`CashFlowsFromUsedInOperatingActivities`	$134.20M	USD	Annual
Expenditures on mineral properties, plant and equipment	`PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities`	$135.77M	USD	Annual
Expenditures on mineral properties, plant and equipment	`PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities`	$158.03M	USD	Annual
Purchase of marketable securities	`OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities`	$3.44M	USD	Annual
Purchase of marketable securities	`OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities`	$23.06M	USD	Annual
Loan to joint venture partner	`CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities`	$1.97M	USD	Annual
Loan to joint venture partner	`CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities`	$8.03M	USD	Annual
Net proceeds from sale of marketable securities	`ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities`	$63.45M	USD	Annual
Net proceeds from sale of marketable securities	`ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities`	$3.31M	USD	Annual
Interest received	`InterestReceivedClassifiedAsInvestingActivities`	$9.22M	USD	Annual
Interest received	`InterestReceivedClassifiedAsInvestingActivities`	$9.70M	USD	Annual
Acquisition of non-controlling interest	`OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities`	-	USD	Annual
Acquisition of non-controlling interest	`OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities`	$2.42M	USD	Annual
Other	`OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities`	$252.00K	USD	Annual
Other	`OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities`	$526.00K	USD	Annual
Cash used in investing activities	`CashFlowsFromUsedInInvestingActivities`	$-130.33M	USD	Annual
Cash used in investing activities	`CashFlowsFromUsedInInvestingActivities`	$-115.93M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromExerciseOfOptions`	$7.24M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromExerciseOfOptions`	$5.32M	USD	Annual
Funding from non-controlling interest	`ProceedsFromContributionsOfNoncontrollingInterests`	$3.71M	USD	Annual
Funding from non-controlling interest	`ProceedsFromContributionsOfNoncontrollingInterests`	$15.20M	USD	Annual
Redemption of convertible notes	`RedemptionofBorrowings`	$152.25M	USD	Annual
Redemption of convertible notes	`RedemptionofBorrowings`	-	USD	Annual
Issuance of convertible notes	`ProceedsFromBorrowingsClassifiedAsFinancingActivities`	-	USD	Annual
Issuance of convertible notes	`ProceedsFromBorrowingsClassifiedAsFinancingActivities`	$230.00M	USD	Annual
Convertible notes issuance costs	`PaymentsForDebtIssueCosts`	-	USD	Annual
Convertible notes issuance costs	`PaymentsForDebtIssueCosts`	$7.07M	USD	Annual
Lease payments	`PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities`	$1.08M	USD	Annual
Lease payments	`PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities`	-	USD	Annual
Cash generated by financing activities	`CashFlowsFromUsedInFinancingActivities`	$80.55M	USD	Annual
Cash generated by financing activities	`CashFlowsFromUsedInFinancingActivities`	$20.52M	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	$12.00K	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	$-5.01M	USD	Annual
Increase (decrease) in cash and cash equivalents	`IncreaseDecreaseInCashAndCashEquivalents`	$84.44M	USD	Annual
Increase (decrease) in cash and cash equivalents	`IncreaseDecreaseInCashAndCashEquivalents`	$-40.65M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalents`	$503.65M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalents`	$459.86M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalents`	$419.21M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalents`	$503.65M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalents`	$459.86M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalents`	$419.21M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`Equity`	$1.13B	USD	Point-in-time
Beginning balance	`Equity`	$1.02B	USD	Point-in-time
Beginning balance	`Equity`	$1.01B	USD	Point-in-time
Exercise of stock options (in shares)	`NumberOfShareOptionsExercisedInSharebasedPaymentArrangement`	899,050.00	shares	Annual
Exercise of stock options (in shares)	`NumberOfShareOptionsExercisedInSharebasedPaymentArrangement`	1.09M	shares	Annual
Exercise of stock options	`IncreaseDecreaseThroughExerciseOfOptions`	$5.32M	USD	Annual
Exercise of stock options	`IncreaseDecreaseThroughExerciseOfOptions`	$7.33M	USD	Annual
Acquisition of non-controlling interest	`IncreaseDecreaseThroughChangeInEquityOfSubsidiaries`	$-14.30M	USD	Annual
Equity-settled share-based compensation	`IncreaseDecreaseThroughSharebasedPaymentTransactions`	$2.16M	USD	Annual
Equity-settled share-based compensation	`IncreaseDecreaseThroughSharebasedPaymentTransactions`	$4.00M	USD	Annual
Transfer of equity-settled Performance Share Units	`TransferofEquitySettledPerformanceStockUnits`	$1.36M	USD	Annual
Equity value of convertible debt issued	`IssueOfConvertibleInstruments`	$42.90M	USD	Annual
Equity value of convertible debt redeemed	`Redemptionofconvertibleinstruments`	$4.83M	USD	Annual
Funding from non-controlling interest	`IncreaseDecreaseThroughOtherContributionsByOwners`	$15.20M	USD	Annual
Funding from non-controlling interest	`IncreaseDecreaseThroughOtherContributionsByOwners`	$3.71M	USD	Annual
Total comprehensive income (loss) for the year	`ComprehensiveIncome`	$87.80M	USD	Annual
Total comprehensive income (loss) for the year	`ComprehensiveIncome`	$-40.62M	USD	Annual
Ending balance	`Equity`	$1.13B	USD	Point-in-time
Ending balance	`Equity`	$1.02B	USD	Point-in-time
Ending balance	`Equity`	$1.01B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-31.00K	USD	Annual
Income tax relating to components of other comprehensive income that will not be reclassified to profit or loss	`IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss`	$-4.81M	USD	Annual
Net income (loss)	`ProfitLoss`	$55.76M	USD	Annual
Income tax relating to components of other comprehensive income that will not be reclassified to profit or loss	`IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss`	$6.06M	USD	Annual
Income tax relating to components of other comprehensive income that will be reclassified to profit or loss	`IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss`	$850.00K	USD	Annual
Income tax relating to components of other comprehensive income that will be reclassified to profit or loss	`IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss`	$-702.00K	USD	Annual
Gain (loss) on marketable securities, at FVTOCI, net of tax (expense) recovery of ($4,811) and $6,059	`OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments`	$-37.69M	USD	Annual
Gain (loss) on marketable securities, at FVTOCI, net of tax (expense) recovery of ($4,811) and $6,059	`OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments`	$29.82M	USD	Annual
Unrealized gain (loss) on effective portion of derivative, net of tax (expense) recovery of ($702) and $850	`OtherComprehensiveIncomeUnrealizedGainlossOnEffectivePortionOfDerivativeNetOfTax`	$-2.91M	USD	Annual
Unrealized gain (loss) on effective portion of derivative, net of tax (expense) recovery of ($702) and $850	`OtherComprehensiveIncomeUnrealizedGainlossOnEffectivePortionOfDerivativeNetOfTax`	$2.23M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncome`	$32.05M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncome`	$-40.59M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncome`	$87.80M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncome`	$-40.62M	USD	Annual
Equity holders of SSR Mining	`ComprehensiveIncomeAttributableToOwnersOfParent`	$-34.21M	USD	Annual
Equity holders of SSR Mining	`ComprehensiveIncomeAttributableToOwnersOfParent`	$89.36M	USD	Annual
Non-controlling interest	`ComprehensiveIncomeAttributableToNoncontrollingInterests`	$-1.56M	USD	Annual
Non-controlling interest	`ComprehensiveIncomeAttributableToNoncontrollingInterests`	$-6.41M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.