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, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 14,877 $ 8,506
Trade receivables, net 22,830 28,271
Inventories 12,513 12,815
Prepaid expenses and other assets 3,824 3,257
Taxes receivable 0 434
Deferred income taxes 2,241 1,652
Total current assets 56,285 54,935
Plant, pipeline and equipment, net 91,370 73,811
Goodwill 21,798 21,750
Other intangible assets, net 25,019 26,235
Investment in AMAK 50,658 53,023
Mineral properties in the United States 588 588
Other assets 1,053 1,732
TOTAL ASSETS 246,771 232,074
Current Liabilities    
Accounts payable 8,340 9,535
Current portion of derivative instruments 138 362
Accrued liabilities 5,872 5,020
Accrued liabilities in Saudi Arabia 495 495
Current portion of post-retirement benefit 292 286
Current portion of long-term debt 8,000 7,000
Current portion of other liabilities 1,608 2,183
Total current liabilities 24,745 24,881
Long-term debt, net of current portion 67,200 73,450
Post-retirement benefit, net of current portion 649 649
Derivative instruments, net of current portion 89 196
Other liabilities, net of current portion 2,555 1,039
Deferred income taxes 10,829 10,471
Total liabilities 106,067 110,686
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 50,112 48,282
Retained Earnings 87,896 70,420
Total Trecora Resources Stockholders' Equity 140,415 121,099
Noncontrolling Interest 289 289
Total equity 140,704 121,388
TOTAL LIABILITIES AND EQUITY $ 246,771 $ 232,074