Five-Year Historical Review | 2006

2007 2006 2005 2004 2003

 Dollars and shares in thousands, except per share and per ounce
Operating Results 2006   
Sales of products $218,895  
Gross profit (loss) $74,897  
Provision for closed operations
and environmental matters
$3,556  
Net income $69,122  
Preferred stock dividends ($552)  
Income applicable to common shareholders $68,570  
Basic income per common share $0.57  
Dividends paid per preferred share $3.58  
Balance Sheet    
Current assets $165,561  
Total assets $346,269  
Working capital (deficit) $113,244  
Long-term debt $- -  
Common stock $29,957  
Preferred stock $39  
Total shareholders' equity $224,728  
Cash and Cash Flow    
Net cash provided by operating activities $61,494  
Net cash provided by investing
and financing activities
$8,076  
Cash and cash equivalents at end of year $75,878  
Short-term investments at end of year $25,455  
Common Share Data    
Number of shares outstanding at end of year 119,771  
Weighted average number of shares
outstanding for the year
119,255  
High per share price during the year (closing) $7.84  
Low per share price during the year (closing) $4.00  
Operational Data    
Silver production (oz) 5,509,746  
Gold production (oz) 179,276  
Lead production (tons) 22,899  
Zinc production (tons) 24,207  
Total cash cost per ounce - silver (1) $0.24  
Total production cost per ounce - silver $2.41  
Total cash cost per ounce - gold (1) $345.00  
Total production cost per ounce - gold $520.00  
Average London Final gold price per ounce $604.00  
Average London Fix silver price per ounce $11.57  
Other Data    
Market capitalization $917,445  
Financial ratios:    
     Current ratio 3.2  
     Total liabilities to equity 0.5  
     Book value per common share $1.88  

(1) Total cash costs per ounce of silver and gold represent non-U.S. Generally Accepted Accounting Principles (GAAP) measurements. A reconciliation of total cash costs to cost of sales and other direct production costs and depreciation, depletion and amortization (GAAP) for the years ended 2006, 2005 and 2004 can be found in the cash costs per ounce reconciliation section in the Company's Form 10-K.

2007 2006 2005 2004 2003