ENDEAVOUR SILVER CORP - 40-F filing on 2022-03-10

SEGMENT DISCLOSURES (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure Of Detailed Information About Segment Disclosures [Abstract]

Disclosure of detailed information about entity reportable segments, assets and liabilities [Table Text Block]

		December 31, 2021
		Corporate		Exploration		Guanaceví		Bolanitos		El Compas		El Cubo		Terronera		Total
Cash and cash equivalents	$	67,913	$	144	$	27,060	$	4,234	$	3,349	$	236	$	367	$	103,303
Other Investments		11,200		-		-		-		-		-		-		11,200
Accounts and other receivables		35		-		6,706		6,633		308		777		3		14,462
Income tax receivable		137		1		3		2		2		32		-		177
Inventories		-		-		19,852		7,057		195		351		30		27,485
Prepaid expenses		1,229		118		844		349		20		98		2,477		5,135
Non-current deposits		76		-		321		128		-		74		-		599
Non-current IVA receivable		-		-		1,434		-		-		164		2,658		4,256
Deferred income tax asset		-		-		-		936		-		-		-		936
Non-current Income tax receivable		-		-		-		-		-		3,570		-		3,570
Intangible assets		2		1		15		17		2		-		3		40
Right-of-use leased assets		564		-		100		-		-		-		-		664
Mineral property, plant and equipment		373		18,963		54,234		27,371		2,005		-		19,251		122,197
Total assets	$	81,529	$	19,227	$	110,569	$	46,727	$	5,881	$	5,302	$	24,789	$	294,024

Accounts payable and accrued liabilities	$	9,788	$	238	$	15,247	$	4,667	$	141	$	333	$	1,577	$	31,991
Income taxes payable		29		-		3,563		636		-		-		-		4,228
Loans payable		43		-		2,005		4,048		-		-		4,398		10,494
Lease obligations		896		-				105		-		-		-		1,001
Provision for reclamation and rehabilitation		-		-		3,997		3,237		163		-		-		7,397
Deferred income tax liability		-		-		1,271		235		-		-		-		1,506
Total liabilities	$	10,756	$	238	$	26,083	$	12,928	$	304	$	333	$	5,975	$	56,617

December 31, 2020
		Corporate		Exploration		Guanaceví		Bolanitos		El Compas		El Cubo		Terronera		Total

Cash and cash equivalents	$	23,370	$	471	$	25,456	$	6,069	$	4,579	$	1,120	$	18	$	61,083
Other Investments		4,767		-		-		-		-		-		-	$	4,767
Accounts and other receivables		1,475		-		6,573		9,321		1,949		642		184	$	20,144
Income tax receivable		-		5		15		12		-		20		-	$	52
Inventories		-		-		9,252		4,645		2,461		282		-	$	16,640
Prepaid expenses		1,095		77		731		202		20		114		45	$	2,284
Non-current deposits		76		-		306		135		-		74		-	$	591
Deferred financing costs		294		-		-		-		-		-		-	$	294
Non-current IVA receivable		-		-		1,475		-		-		347		854	$	2,676
Deferred income tax asset		-		-		9,445		3,308		-		-		-	$	12,753
Intangible assets		11		79		134		135		78		46		9	$	492
Right-of-use leased assets		649		-		-		105		107		-		-	$	861
Mineral property, plant and equipment		309		8,658		40,386		24,445		3,584		3,127		7,446	$	87,955
Goodwill		-		-		-		-		-		-		-		-
Total assets	$	32,046	$	9,290	$	93,773	$	48,377	$	12,778	$	5,772	$	8,556	$	210,592

Accounts payable and accrued liabilities	$	11,008	$	610	$	10,547	$	3,809	$	1,018	$	580	$	192	$	27,764
Income taxes payable		4		-		2,367		667		-		-		-	$	3,038
Loans payable		439		-		3,105		6,128		-		-		-	$	9,672
Lease obligations		982		-		-		112		-		-		-	$	1,094
Provision for reclamation and rehabilitation		-		-		2,221		1,978		132		4,545		-	$	8,876
Deferred income tax liability		-		-		798		279		-		-		-	$	1,077
Total liabilities	$	12,433	$	610	$	19,038	$	12,973	$	1,150	$	5,125	$	192	$	51,521

Disclosure of detailed information about entity reportable segments, income and expenditures [Table Text Block]

Year ended December 31, 2021
		Corporate			Exploration			Guanaceví			Bolanitos			El Compas			El Cubo			Terronera			Total
Silver sales	$	-		$	-		$	85,854		$	10,149		$	1,254		$	-		$	-		$	97,257
Gold sales		-			-			22,638			38,645			8,739			-			-		$	70,022
Less: smelting and refining costs		-			-			-			(1,715	)		(244	)		-			-		$	(1,959	)
Total revenue	$	-		$	-		$	108,492		$	47,079		$	9,749		$	-		$	-		$	165,320

Salaries, wages and benefits:
mining	$	-		$	-		$	8,352		$	5,574		$	1,314		$	-		$	-		$	15,240
processing		-			-			3,303			1,799			614			-			-			5,716
administrative		-			-			5,406			3,331			823			-			-			9,560
stock based compensation		-			-			180			180			61			-			-			421
change in inventory		-			-			(2,946	)		(764	)		342			-			-			(3,368	)
Total salaries, wages and benefits		-			-			14,295			10,120			3,154			-			-			27,569

Direct costs:
mining		-			-		$	25,253		$	11,076		$	2,746			-			-			39,075
processing		-			-			12,220			5,373			1,205			-			-			18,798
administrative		-			-			5,981			3,813			1,380			-			-			11,174
change in inventory		-			-			(5,808	)		(1,306	)		522			-			-			(6,592	)
Total direct production costs		-			-			37,646			18,956			5,853			-			-			62,455

Depreciation and depletion:
depreciation and depletion		-			-			11,842			13,696			1,436			-			-			26,974
change in inventory		-			-			(3,899	)		(205	)		1,107			-			-			(2,997	)
Total depreciation and depletion		-			-			7,943			13,491			2,543			-			-			23,977

Royalties		-			-			13,165			265			350			3			-			13,783
Write down of inventory to NRV		-			-			539			357			272			-			-			1,168

Total cost of sales	$	-		$	-		$	73,588		$	43,189		$	12,172		$	3		$	-		$	128,952

Care and maintenance costs		-			-			-			-			497			859			-			1,356
Severance costs		-			-			-			-			870			-			-			870
Impairment (reversal of impairment)		-			-			-			-			-			(16,791	)		-			(16,791	)

Earnings (loss) before taxes	$	(2,605	)	$	(10,648	)	$	34,904		$	3,890		$	(3,790	)	$	15,929		$	(7,992	)	$	29,688

Current income tax expense (recovery)		-			-			3,206			275			-			-			-			3,481
Deferred income tax expense (recovery)		-			-			9,924			2,328			-			-			-			12,252
Total income tax expense (recovery)		-			-			13,130			2,603			-			-			-			15,733

Net earnings (loss)	$	(2,605	)	$	(10,648	)	$	21,774		$	1,287		$	(3,790	)	$	15,929		$	(7,992	)	$	13,955

Year ended December 31, 2020
		Corporate			Exploration			Guanaceví			Bolanitos			El Compas			El Cubo			Terronera			Total
Silver sales	$	-		$	-		$	65,501		$	7,471		$	1,761		$	-		$	-		$	74,733
Gold sales		-			-			17,458			33,970			14,126			-			-		$	65,554
Less: smelting and refining costs								-			(1,393	)		(433	)							$	(1,826	)
Total revenue	$	-		$	-		$	82,959		$	40,048		$	15,454		$	-		$	-		$	138,461

Salaries, wages and benefits:
mining	$	-		$	-		$	5,825		$	3,660		$	1,430		$	-		$	-		$	10,915
processing		-			-			1,846			1,275			916			-			-			4,037
administrative		-			-			2,721			2,434			1,142			-			-			6,297
stock based compensation		-			-			114			108			108			-			-			330
change in inventory		-			-			(239	)		(172	)		(219	)		-			-			(630	)
Total salaries, wages and benefits		-			-			10,267			7,305			3,377			-			-			20,949

Direct costs:
mining		-			-			18,324			9,108			3,914			-			-			31,346
processing		-			-			9,549			3,427			2,204			-			-			15,180
administrative		-			-			3,461			2,484			1,835			-			-			7,780
change in inventory		-			-			(794	)		(420	)		390			-			-			(824	)
Total direct production costs		-			-			30,540			14,599			8,343			-			-			53,482

Depreciation and depletion:
depreciation and depletion		-			-			9,223			9,341			10,793			-			-			29,357
change in inventory		-			-			(438	)		(394	)		(389	)		-			-			(1,221	)
Total depreciation and depletion		-			-			8,785			8,947			10,404			-			-			28,136

Royalties		-			-			7,407			197			550			-			-			8,154
Write down of inventory to NRV		-			-			-			-			405			-			-			405

Total cost of sales	$	-		$	-		$	56,999		$	31,048		$	23,079		$	-		$	-		$	111,126

Care and maintenance costs		-			-			886			832			504			3,011			-			5,233
Impaiment (reversal of impairment)		-			-			(2,576	)		-			3,000			-			-			424

Earnings (loss) before taxes	$	(12,976	)	$	(7,323	)	$	27,650		$	8,168		$	(11,129	)	$	(3,011	)	$	(2,433	)	$	(1,054	)

Current income tax expense (recovery)		-			-			2,007			918			68			-			-			2,993
Deferred income tax expense (recovery)		-			-			(5,811	)		774			(169	)		-			-			(5,206	)
Total income tax expense (recovery)		-			-			(3,804	)		1,692			(101	)		-			-			(2,213	)

Net earnings (loss)	$	(12,976	)	$	(7,323	)	$	31,454		$	6,476		$	(11,028	)	$	(3,011	)	$	(2,433	)	$	1,159