| Address:
|
BCE PLACE, CANADA TRUST TOWER
161 BAY STREET SUITE 3700 |
| City: |
TORONTO ONTARIO CANA |
|
State: |
|
|
Zip Code: |
M5J2S1 |
| Telephone: |
416-307-7470 |
|
Description of Business
|
Primary SIC Code:
1040 |
| (As filed with the SEC)
|
|
|
Barrick has traditionally grown its reserve base through a combination of
acquisitions and focused exploration on and around its operating properties.
Barrick believes there is a higher probability of finding new mineral reserves
around existing mines. Once found, these new reserves can be developed more
quickly and profitably due to existing infrastructure. The Company's strategy is
to maintain a geographic mix of projects at different stages in the exploration
and development sequence. The low gold price environment that existed in recent
years required that major mining companies undertake more early stage
exploration than in the past because junior exploration companies had been less
active, and there were fewer new discoveries to buy or joint ventures to fund.
Accordingly, Barrick is engaged in early stage exploration in four major areas
where it possesses significant infrastructure: Peru, Tanzania, Australia and
Chile/Argentina. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 03/2009 | 0.73 | NA | 44.41 | | 12/2008 | 0.89 | 0.200 | 41.31 | | 09/2008 | 2.02 | NA | 18.19 | | 06/2008 | 2.14 | 0.200 | 21.26 | | 03/2008 | 2.03 | NA | 21.40 | | 12/2007 | 1.27 | 0.150 | 33.11 | | 09/2007 | 0.80 | NA | 50.35 | | 06/2007 | 0.85 | 0.150 | 34.20 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2008 |
Leverage |
2008 |
| Net Inc/Comm Equity | 0.06 | Total Liab/Total Assets | 0.37 | | Net Inc/Total Assets | 0.03 | Total Liab/Inv Cap | 0.41 | | Net Inc/Inv Cap | 0.04 | Total Liab/Comm Equity | 0.66 | | Pretax Inc/Net Sales | 0.18 | Interest Coverage Ratio | 70.10 | | Net Inc/Net Sales | 0.10 | Curr Debt/Equity | 0.04 | | Cash Flow/Net Sales | 0.28 | LTD/Equity | 0.31 | | SG&A/NetSales | 0.05 | Total Debt/Equity | 0.36 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 20.63 | Quick Ratio | 1.52 | | Inventory Turnover | 3.37 | Current Ratio | 2.23 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.09 | | Net Sales/Work Cap | 3.49 | Inv/Curr Assets | 0.32 | | Net Sales/PP&E | 0.65 | | |
Income Statement (Millions) |
| |
12/31/2008
|
12/31/2007
|
12/31/2006
|
12/31/2005
|
|
Total Revenues(Net Sales)
|
7,913.00
|
6,332.00
|
5,636.00
|
2,350.00
|
|
Cost of Goods Sold
|
4,092.00
|
3,363.00
|
2,907.00
|
1,355.00
|
|
Selling & Admin Exps
|
398.00
|
353.00
|
266.00
|
71.00
|
|
Operating Income
|
1,394.00
|
1,349.00
|
1,592.00
|
497.00
|
|
Interest Exp
|
21.00
|
113.00
|
126.00
|
7.00
|
|
Pretax Income
|
1,451.00
|
1,480.00
|
1,560.00
|
455.00
|
|
Other Income
|
78.00
|
244.00
|
94.00
|
-35.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
785.00
|
1,119.00
|
1,506.00
|
401.00
|
|
Assets
|
12/31/2008
|
12/31/2007
|
12/31/2006
|
12/31/2005
|
|
Cash & Short Term Investments
|
2,367.00
|
2,672.00
|
3,043.00
|
1,165.00
|
|
Receivables - Total
|
350.00
|
417.00
|
234.00
|
155.00
|
|
Inventories - Total
|
1,309.00
|
1,118.00
|
931.00
|
402.00
|
|
Total Current Assets
|
4,112.00
|
4,288.00
|
4,796.00
|
1,748.00
|
|
Net Property, Plant & Equipment
|
12,235.00
|
9,106.00
|
8,703.00
|
4,397.00
|
|
Total Assets
|
24,161.00
|
21,951.00
|
21,373.00
|
6,862.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
1,018.00
|
846.00
|
845.00
|
386.00
|
|
Debt in Current Liabilities
|
646.00
|
333.00
|
945.00
|
80.00
|
|
Total Current Liabilities
|
1,844.00
|
1,296.00
|
1,852.00
|
560.00
|
|
Long-Term Debt
|
4,785.00
|
3,218.00
|
3,244.00
|
1,721.00
|
|
Total Liabilities
|
8,884.00
|
6,695.00
|
7,174.00
|
3,012.00
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
182.00
|
82.00
|
1.00
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
13,372.00
|
13,273.00
|
13,106.00
|
4,222.00
|
|
Retained Earnings
|
2,261.00
|
1,832.00
|
974.00
|
-341.00
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
15,277.00
|
15,256.00
|
14,199.00
|
3,850.00
|
|
Total Liabilities and Stockholders' Equity
|
24,161.00
|
21,951.00
|
21,373.00
|
6,862.00
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2008
|
12/31/2007
|
12/31/2006
|
12/31/2005
|
|
Net Cash Provided by Operating Activities
|
2,206.00
|
1,753.00
|
2,151.00
|
726.00
|
|
Net Cash Provided by Investing Activities
|
-3,912.00
|
-1,562.00
|
1,195.00
|
-1,180.00
|
|
Net Cash Provided by Financing Activities
|
933.00
|
-1,036.00
|
-1,336.00
|
93.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2004 | 1,932.00 | 248.00 | -- | | 12/2005 | 2,350.00 | 401.00 | 0.73 | | 12/2006 | 5,636.00 | 1,506.00 | 1.42 | | 12/2007 | 6,332.00 | 1,119.00 | 1.27 | | 12/2008 | 7,913.00 | 785.00 | 0.89 | | Growth Rates | 42.26 | 33.38 | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 03/31/09 | 521 | 581,641 | 66.61 |
|
Report Date :
6/23/2009
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