| Address:
|
PARK PLACE, SUITE 3150 - 666 BURRARD ST.
|
| City: |
VANCOUVER |
|
State: |
|
|
Zip Code: |
V6C 2X8 |
| Telephone: |
604 684 3123 |
|
Description of Business
|
Primary SIC Code:
1040 |
| (As filed with the SEC)
|
|
|
Silver Wheaton Corp. ("Silver Wheaton" or "the Company") is engaged in the
silver mining business.
On October 15, 2004, the Company entered into an agreement to purchase all of
the silver produced by Wheaton River Minerals Ltd's ("Wheaton River") Luismin
mining operations in Mexico for a payment equal to the lesser of US$3.90 or the
prevailing market rate per ounce of delivered silver, subject to adjustment
(Note 3). On April 15, 2005, Wheaton River amalgamated with Goldcorp Inc. to
form Goldcorp Inc. ("Goldcorp") and the silver purchase agreement with Silver
Wheaton was assumed by Goldcorp.
In addition, on December 8, 2004, the Company entered into an agreement to
purchase all of the silver produced by Lundin Mining Corporation's Zinkgruvan
mine in Sweden for a payment equal to the lesser of US$3.90 or the prevailing
market rate per ounce of delivered silver, subject to adjustment (Note 3). ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.71 | 0.030 | 17.22 | | 06/2011 | 1.40 | 0.030 | 23.57 | | 03/2011 | 1.04 | 0.030 | 41.69 | | 12/2010 | 0.83 | NA | 47.04 | | 09/2010 | 0.63 | NA | 42.30 | | 06/2010 | 0.54 | NA | 37.22 | | 03/2010 | 0.45 | NA | 34.84 | | 12/2009 | 0.38 | NA | 39.53 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.20 | Total Liab/Total Assets | 0.14 | | Net Inc/Total Assets | 0.11 | Total Liab/Inv Cap | 0.15 | | Net Inc/Inv Cap | 0.12 | Total Liab/Comm Equity | 0.26 | | Pretax Inc/Net Sales | 0.65 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.69 | Curr Debt/Equity | 0.01 | | Cash Flow/Net Sales | 0.76 | LTD/Equity | 0.03 | | SG&A/NetSales | 0.06 | Total Debt/Equity | 0.05 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 70.74 | Quick Ratio | 2.55 | | Inventory Turnover | NA | Current Ratio | 2.55 | | Inventory Day Sales | NA | Net Rec/Curr Assets | 0.02 | | Net Sales/Work Cap | 1.60 | Inv/Curr Assets | NA | | Net Sales/PP&E | NA | | |
Income Statement (Millions) |
| |
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Total Revenues(Net Sales)
|
423.35
|
239.29
|
166.72
|
175.43
|
|
Cost of Goods Sold
|
82.75
|
63.72
|
43.89
|
72.76
|
|
Selling & Admin Exps
|
24.67
|
17.29
|
17.31
|
10.06
|
|
Operating Income
|
283.03
|
134.42
|
86.02
|
92.61
|
|
Interest Exp
|
NA
|
NA
|
0.12
|
NA
|
|
Pretax Income
|
276.49
|
117.92
|
294.08
|
91.88
|
|
Other Income
|
18.13
|
0.79
|
208.17
|
-214.10
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
290.09
|
117.92
|
291.16
|
-121.51
|
|
Assets
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Cash & Short Term Investments
|
428.64
|
227.57
|
7.11
|
9.97
|
|
Receivables - Total
|
7.09
|
4.88
|
0.77
|
1.43
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
436.45
|
233.47
|
8.70
|
11.70
|
|
Net Property, Plant & Equipment
|
NA
|
NA
|
NA
|
NA
|
|
Total Assets
|
2,635.07
|
2,237.22
|
1,270.65
|
1,208.47
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
142.77
|
140.76
|
4.82
|
6.38
|
|
Debt in Current Liabilities
|
28.56
|
28.56
|
28.56
|
28.56
|
|
Total Current Liabilities
|
171.33
|
169.32
|
33.38
|
34.94
|
|
Long-Term Debt
|
78.62
|
107.18
|
383.63
|
878.80
|
|
Total Liabilities
|
373.12
|
513.30
|
417.02
|
913.74
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
1,449.35
|
1,333.19
|
662.12
|
495.70
|
|
Retained Earnings
|
633.93
|
343.83
|
225.91
|
208.66
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
2,261.95
|
1,723.93
|
853.63
|
294.74
|
|
Total Liabilities and Stockholders' Equity
|
2,635.07
|
2,237.22
|
1,270.65
|
1,208.47
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Net Cash Provided by Operating Activities
|
319.76
|
165.93
|
111.14
|
119.26
|
|
Net Cash Provided by Investing Activities
|
-201.33
|
-221.21
|
-188.88
|
-577.02
|
|
Net Cash Provided by Financing Activities
|
79.78
|
276.33
|
74.46
|
407.50
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 158.54 | -90.75 | 0.37 | | 12/2007 | 175.43 | -121.51 | 0.37 | | 12/2008 | 166.72 | 291.16 | 0.07 | | 12/2009 | 239.29 | 117.92 | 0.38 | | 12/2010 | 423.35 | 290.09 | 0.83 | | Growth Rates | 27.83 | -- | 22.38 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 282 | 182,322 | 51.58 |
|
Report Date :
2/6/2012
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