Net earnings in the second quarter of 2012 were US$141.4 million ( US$0.40 per share), compared with US$148.1 ( US$0.42 per share) for the same period in 2011, a decrease of 5%. Cash flow from operations in the second quarter of 2012 was US$172.9 million ( US$0.49 per share [ 1]), compared with US$168.3 million ( US$0.48 per share [ 1]) for the same period in 2011, an increase of 3%. The change in net earnings and operating cash flows is primarily due to a 36% increase in the number of silver equivalent ounces sold, which was partially offset by a 24% decrease in the realized price per silver equivalent ounce.Balance Sheet
Silver Wheaton Reports Record Quarterly Financial Results Including Operating Cash Flows Of Over US$172 Million
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