The segment information by geographical region for the years ended December 31, 2014 and 2013 are as follows:
Reportable Segments
Canada
Peru
Mexico
Total
Year ended December 31, 2014
Sales to external customers
$
– $
66,054 $ 107,952 $ 174,006
Silver-gold concentrates
–
–
107,952
107,952
Silver-lead concentrates
–
47,978
–
47,978
Zinc concentrates
–
18,076
–
18,076
Year ended December 31, 2013
Sales to external customers
$
– $ 72,306 $ 65,088 $ 137,394
Silver-gold concentrates
–
–
65,088
65,088
Silver-lead concentrates
–
57,013
–
57,013
Zinc concentrates
–
15,293
–
15,293
Reportable Segments
Canada
Peru
Mexico
Total
As at December 31, 2014
Non current assets
$ 2,323 $ 67,196 $ 166,419 $ 235,938
As at December 31, 2013
Non current assets
$ 3,038 $ 64,938
$ 151,018
$ 218,994
For the year ended December 31, 2014, there were six (2013: six) customers, respectively, represented 100% of total
sales to external customers as follows:
Years ended December 31,
External Sales by Customer and Region
2014
2013
Customer 1
$ 35,624
54%
$ 29,341
41%
Customer 2
12,324
19%
42,968
59%
Customer 3
–
0%
9
0%
Customer 4
16,869
26%
(12)
0%
Customer 5
1,237
2%
–
0%
Bateas/Peru
$
66,054
100%
$
72,306 100%
% of total sales
38%
53%
Customer 1
$
50,278
47%
$
63,955
98%
Customer 2
–
0%
$
1,133
2%
Customer 3
57,674
53%
–
0%
Cuzcatlan/Mexico
$ 107,952
100%
$
65,088 100%
% of total sales
62%
47%
Consolidated
$ 174,006
100%
$ 137,394 100%
% of total sales
100%
100%
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013
(All amounts in US$’000’s unless otherwise stated)
102
FORTUNA SILVER MINES INC. | 2014 ANNUAL REPORT
17. Segmented Information (Continued)
