Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (unaudited)

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CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 7,587 $ 18,623
Trade receivables, net 19,829 19,474
Inventories 18,376 15,804
Prepaid expenses and other assets 3,939 2,392
Taxes receivable 3,578 7,672
Deferred income taxes 1,703 2,116
Total current assets 55,012 66,081
Plant, pipeline and equipment, net 129,738 96,907
Goodwill 21,798 21,798
Other intangible assets, net 23,134 24,549
Investment in AMAK 52,776 47,697
Mineral properties in the United States 588 588
Other assets 109 171
TOTAL ASSETS 283,155 257,791
Current Liabilities    
Accounts payable 9,229 8,090
Current portion of derivative instruments 80 118
Accrued liabilities 4,228 4,062
Current portion of post-retirement benefit 480 294
Current portion of long-term debt 8,061 8,061
Current portion of other liabilities 771 2,050
Total current liabilities 22,849 22,675
Long-term debt, net of current portion 70,123 73,169
Post-retirement benefit, net of current portion 649 649
Derivative instruments, net of current portion 8 59
Other liabilities, net of current portion 2,383 2,351
Deferred income taxes 22,817 16,503
Total liabilities 118,829 115,406
EQUITY    
Common stock-authorized 40 million shares of $.10 par value; issued and outstanding 24.2 million and 24.1 million shares in 2016 and 2015, respectively 2,451 2,416
Additional paid-in capital 52,804 50,662
Common stock in treasury, at cost 0.3 million shares (284) 0
Retained earnings 109,066 89,018
Total Trecora Resources Stockholders' Equity 164,037 142,096
Noncontrolling Interest 289 289
Total equity 164,326 142,385
TOTAL LIABILITIES AND EQUITY $ 283,155 $ 257,791