Receivables

12 Months Ended

Dec. 31, 2019

Receivables consist of the following:



In thousands	December 31, 2019		December 31, 2018
Current receivables:
Trade receivables	$	6,028	$	5,147
Value added tax (“VAT”) receivable	10,729		18,609
Income tax receivable	105		6
Manquiri Notes Receivable	—		5,487
Other	1,804		495
	$	18,666	$	29,744
Non-current receivables:
VAT receivable⁽¹⁾	$	28,009	$	26,817
RMC Receivable⁽²⁾	700		4,334
	28,709		31,151
Total receivables	$	47,375	$	60,895

(1) Represents VAT that was paid to the Mexican government associated with Coeur Mexicana’s prior royalty agreement with a subsidiary of Franco-Nevada Corporation. The Company continues to pursue recovery from the Mexican government (including through ongoing litigation). See Note 21 -- Commitments and Contingencies for additional detail.

(2) In November 2018, RMC, a U.S.-based precious metals refiner, filed Chapter 11 bankruptcy. Approximately 0.4 million ounces of Coeur’s silver and 6,500 ounces of Coeur’s gold was impacted by RMC’s bankruptcy filing. In September 2019, the Company received a partial settlement payment of $2.6 million in respect of its claims in the bankruptcy proceedings and as a result, the Company recorded a $1.0 million charge in Other, net, against the receivable balance to reflect the new carrying value of the Company’s remaining claims.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details