Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (unaudited)

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CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 8,654 $ 8,506
Trade receivables, net 22,122 28,271
Inventories 15,058 12,815
Prepaid expenses and other assets 3,400 3,257
Taxes receivable 0 434
Deferred income taxes 1,481 1,652
Total current assets 50,715 54,935
Plant, pipeline and equipment, net 86,652 73,811
Goodwill 21,798 21,750
Other intangible assets, net 25,293 26,235
Investment in AMAK 52,712 53,023
Mineral properties in the United States 588 588
Other assets 1,186 1,732
TOTAL ASSETS 238,944 232,074
Current Liabilities    
Accounts payable 8,180 9,535
Current portion of derivative instruments 152 362
Accrued liabilities 3,407 5,020
Accrued liabilities in Saudi Arabia 495 495
Current portion of post-retirement benefit 290 286
Current portion of long-term debt 7,263 7,000
Current portion of other liabilities 2,691 2,183
Total current liabilities 22,478 24,881
Long-term debt, net of current portion 69,687 73,450
Post-retirement benefit, net of current portion 649 649
Derivative instruments, net of current portion 117 196
Other liabilities, net of current portion 901 1,039
Deferred income taxes 10,231 10,471
Total liabilities 104,063 110,686
EQUITY    
Common stock authorized 40 million shares of $.10 par value; issued and outstanding 24.1 million and 24.0 million shares in 2015 and 2014, respectively 2,407 2,397
Additional paid-in capital 49,607 48,282
Retained Earnings 82,578 70,420
Total Trecora Resources Stockholders' Equity 134,592 121,099
Noncontrolling Interest 289 289
Total equity 134,881 121,388
TOTAL LIABILITIES AND EQUITY $ 238,944 $ 232,074