the price of gold , silver , copper , nickel and other metals has fluctuated widely in recent years and most recently has experienced declines from highs experienced in the first half of our fiscal year 2013. the marketability and the price of metals are influenced by numerous factors beyond the control of the company and significant declines in the price of gold , silver , copper or nickel could have a material and adverse effect on the company 's results of operations and financial condition . for the fiscal years ended june 30 , 2015 , 2014 and 2013 , gold , silver , copper and nickel price averages and percentage of revenue by metal were as follows : replace_table_token_20_th operators ' production estimates by royalty and stream interest for calendar 2015 we received annual production estimates from many of the operators of our producing mines during the first calendar quarter of 2015. the following table shows such production estimates for our principal producing properties for calendar 2015 as well as the actual production reported to us by the various operators through june 30 , 2015. the estimates and production reports are prepared by the operators of the mining properties . we do not participate in the preparation or calculation of the operators ' estimates or production reports and have not independently assessed or verified the accuracy of such information . please refer to part i , item 2 , properties , of this report for further discussion on any updates at our principal producing and development properties . 43 operators ' estimated and actual production by royalty and stream interest for calendar 2015 principal producing properties replace_table_token_21_th ( 1 ) production estimates received from our operators are for calendar 2015. there can be no assurance that production estimates received from our operators will be achieved . please refer to our cautionary language regarding forward-looking statements following this md & a , as well as the risk factors identified in part i , item 1a , of this report for information regarding factors that could affect actual results . ( 2 ) the operators of our voisey 's bay and robinson royalty interests did not release public production guidance for calendar 2015 , thus estimated and actual production information is not shown in the table . ( 3 ) actual production figures shown are for the period january 1 , 2015 through june 30 , 2015 , unless otherwise noted . ( 4 ) actual production figures for andacollo and cortez are based on information provided to us by the operators , and actual production figures for holt , mount milligan , mulatos and peñasquito ( gold ) are the operators ' publicly reported figures . ( 5 ) the estimated and actual production figures shown for andacollo are contained gold in concentrate . ( 6 ) the estimated and actual production figures shown for mount milligan are payable gold in concentrate . ( 7 ) actual production shown is for the period ended march 31 , 2015. production information for the quarter ended june 30 , 2015 , was not available from the operator as of the date of this report . ( 8 ) the estimated gold and silver production figures reflect payable gold and silver in concentrate and doré , while the estimated lead and zinc production figures reflect payable metal in concentrate . ( 9 ) the actual gold production figure for gold reflects payable gold in concentrate and doré as reported by the operator . the actual production for silver , lead and zinc were not publicly available . the company 's royalty interest at peñasquito includes gold , silver , lead and zinc . 44 historical production the following table discloses historical production for the past three fiscal years for the principal producing properties that are subject to our royalty interests , as reported to us by the operators of the mines : historical production ( 1 ) by property principal producing properties for the fiscal years ended june 30 , 2015 , 2014 and 2013 replace_table_token_22_th ( 1 ) historical production relates to the amount of metal sales , subject to our royalty and stream interests for each fiscal year presented , as reported to us by the operators of the mines , and may differ from the operators ' public reporting . critical accounting policies listed below are the accounting policies that the company believes are critical to its financial statements due to the degree of uncertainty regarding the estimates or assumptions involved and the magnitude of the asset , liability , revenue or expense being reported . please refer to note 2 of the notes to consolidated financial statements for a discussion on recently issued accounting pronouncements . use of estimates the preparation of our financial statements , in conformity with accounting principles generally accepted in the united states of america , requires management to make estimates and assumptions . these estimates and assumptions affect the reported amounts of assets and liabilities , at the date of the financial statements , as well as the reported amounts of revenues and expenses during the reporting period . our most critical accounting estimates relate to our assumptions regarding future gold , silver , nickel , copper and other metal prices and the estimates of reserves , production and recoveries of third-party mine operators . we rely on reserve estimates reported by the operators on the properties in which we have royalty and stream interests . these estimates and the underlying assumptions affect the potential impairments of long-lived assets and the ability to realize income tax benefits associated with deferred tax assets . these estimates and assumptions also affect the rate at which we recognize revenue 45 or charge depreciation , depletion and amortization to earnings . on an ongoing basis , management evaluates these estimates and assumptions ; however , actual amounts could differ from these estimates and assumptions . story_separator_special_tag refer to note 4 of our notes to consolidated financial statements for further discussion on the impairments recognized during our fiscal year 2015. during the fiscal year ended june 30 , 2015 , we recognized income tax expense totaling $ 9.6 million compared with $ 19.5 million during the fiscal year ended june 30 , 2014. this resulted in an effective tax rate of 15.4 % during the current period , compared with 23.5 % in the prior period . the decrease in the effective tax rate for the fiscal year ended june 30 , 2015 , is primarily attributable to ( i ) a decrease in tax expense relating to a decrease in unrealized taxable foreign currency exchange gains , ( ii ) a favorable tax rate associated with certain operations in lower-tax jurisdictions , ( iii ) a valuation allowance release as a result of the strengthening u.s. dollar , ( iv ) a decrease in tax expense due to the chilean tax legislation enacted in the quarter ended september 30 , 2014 , and the corresponding re-measurement of the chilean long term deferred tax asset to the higher corporate income tax rate , and ( v ) the impairment charge on the wolverine royalty interest and the corresponding tax benefit recorded in the quarter ended december 31 , 2014 , and ( vi ) net of the effect of an increase in tax expense due to canadian tax legislation enacted in the quarter ended june 30 , 2015 , which resulted in the re-measurement of canadian deferred tax liabilities at the higher tax rate . excluding the enactment of the chilean tax legislation during the quarter ended september 30 , 2014 , the impairment charge on the wolverine royalty interest during the quarter ended december 31 , 2014 , and the enactment of canadian tax legislation during the quarter ended june 30 , 2015 , the effective tax rate for the twelve months ended june 30 , 2015 , would have been 19.6 % . fiscal year ended june 30 , 2014 , compared with fiscal year ended june 30 , 2013 for the fiscal year ended june 30 , 2014 , we recorded net income available to royal gold common stockholders of $ 62.6 million , or $ 0.96 per basic share and diluted share , compared to net income available to royal gold common stockholders of $ 69.2 million , or $ 1.09 per basic share and diluted share , for the fiscal year ended june 30 , 2013. the decrease in our earnings per share was primarily 52 attributable to a decrease in revenue and an increase in certain costs and expenses , as discussed further below . for the fiscal year ended june 30 , 2014 , we recognized total revenue of $ 237.2 million , at an average gold price of $ 1,296 per ounce , an average silver price of $ 20.57 per ounce , an average nickel price of $ 6.89 per pound and an average copper price of $ 3.18 per pound , compared to total revenue of $ 289.2 million , at an average gold price of $ 1,605 per ounce , an average silver price of $ 28.97 per ounce , an average nickel price of $ 7.44 per pound and an average copper price of $ 3.48 per pound , for the fiscal year ended june 30 , 2013. revenue and the corresponding production , attributable to our royalty and stream interests , for the fiscal year ended june 30 , 2014 compared to the fiscal year ended june 30 , 2013 is as follows : revenue and reported production subject to our royalty and stream interests fiscal years ended june 30 , 2014 and 2013 ( in thousands , except reported production in ozs . and lbs . ) replace_table_token_25_th ( 1 ) reported production relates to the amount of metal sales , subject to our royalty interests , for the twelve months ended june 30 , 2014 and june 30 , 2013 , as reported to us by the operators of the mines . ( 2 ) individually , no royalty included within the `` other `` category contributed greater than 5 % of our total revenue for either period . ( 3 ) during the fiscal year 2014 , the company sold approximately 21,100 ounces and had approximately 7,800 ounces of gold in inventory as of june 30 , 2014 . 53 the decrease in total revenue for the fiscal year ended june 30 , 2014 , compared with the fiscal year ended june 30 , 2013 , resulted primarily from a decrease in the average gold , silver , copper and nickel prices and decreases in production primarily at andacollo , voisey 's bay , mulatos , and robinson . these decreases during the current period were partially offset by new production at mount milligan and production increases at peñasquito . refer to part i , item 2 , properties , for discussion and any updates on our principal producing properties . cost of sales were approximately $ 9.2 million for the fiscal year ended june 30 , 2014 , compared to zero for the fiscal year ended june 30 , 2013. cost of sales for our fiscal year 2014 is specific to our streaming agreement for mount milligan , which began production during the current period , and is the result of the company 's purchases of gold for a cash payment of the lesser of $ 435 per ounce , or the prevailing market price of gold when purchased . general and administrative expenses decreased to $ 21.2 million for the fiscal year ended june 30 , 2014 , from $ 24.0 million for the fiscal year ended june 30 , 2013. the decrease was primarily due to a decrease in non-cash stock based compensation expense of approximately $ 3.1 million as a result of management 's change in estimate

liquidity and capital resources overview at june 30 , 2015 , we had current assets of $ 790.8 million compared to current liabilities of $ 25.0 million resulting in a working capital surplus of $ 765.8 million and a current ratio of 32 to 1. this compares to current assets of $ 736.0 million and current liabilities of $ 22.5 million at june 30 , 2014 , resulting in a working capital surplus of $ 713.5 million and a current ratio of approximately 33 to 1. during the fiscal year ended june 30 , 2015 , liquidity needs were met from $ 278.0 million in revenue and our available cash resources . as of june 30 , 2015 , the company had $ 650 million available and no amounts outstanding under its revolving credit facility . the company was in compliance with each financial covenant under its revolving credit facility as of june 30 , 2015. refer to note 6 of our notes to consolidated financial statements and below ( `` recent liquidity and capital resource developments '' ) for further discussion on our debt . working capital , combined with the company 's undrawn revolving credit facility , totaled approximately $ 1.4 billion in liquidity at june 30 , 2015. as discussed further in item 1 , business , recent developments , the company entered into several new significant transactions that , when added to existing firm commitments , totaled approximately $ 1.1 billion in anticipated capital expenditures in fiscal year 2016. the company plans to fund these commitments with its existing $ 1.4 billion in liquidity plus cash flow from operations . before considering our expected cash flow from operations , at june 30 , 2016 we would have approximately $ 350 million in available liquidity after all of these commitments are funded .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources overview at june 30 , 2015 , we had current assets of $ 790.8 million compared to current liabilities of $ 25.0 million resulting in a working capital surplus of $ 765.8 million and a current ratio of 32 to 1. this compares to current assets of $ 736.0 million and current liabilities of $ 22.5 million at june 30 , 2014 , resulting in a working capital surplus of $ 713.5 million and a current ratio of approximately 33 to 1. during the fiscal year ended june 30 , 2015 , liquidity needs were met from $ 278.0 million in revenue and our available cash resources . as of june 30 , 2015 , the company had $ 650 million available and no amounts outstanding under its revolving credit facility . the company was in compliance with each financial covenant under its revolving credit facility as of june 30 , 2015. refer to note 6 of our notes to consolidated financial statements and below ( `` recent liquidity and capital resource developments '' ) for further discussion on our debt . working capital , combined with the company 's undrawn revolving credit facility , totaled approximately $ 1.4 billion in liquidity at june 30 , 2015. as discussed further in item 1 , business , recent developments , the company entered into several new significant transactions that , when added to existing firm commitments , totaled approximately $ 1.1 billion in anticipated capital expenditures in fiscal year 2016. the company plans to fund these commitments with its existing $ 1.4 billion in liquidity plus cash flow from operations . before considering our expected cash flow from operations , at june 30 , 2016 we would have approximately $ 350 million in available liquidity after all of these commitments are funded .
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 Suspicious Activity Report : the price of gold , silver , copper , nickel and other metals has fluctuated widely in recent years and most recently has experienced declines from highs experienced in the first half of our fiscal year 2013. the marketability and the price of metals are influenced by numerous factors beyond the control of the company and significant declines in the price of gold , silver , copper or nickel could have a material and adverse effect on the company 's results of operations and financial condition . for the fiscal years ended june 30 , 2015 , 2014 and 2013 , gold , silver , copper and nickel price averages and percentage of revenue by metal were as follows : replace_table_token_20_th operators ' production estimates by royalty and stream interest for calendar 2015 we received annual production estimates from many of the operators of our producing mines during the first calendar quarter of 2015. the following table shows such production estimates for our principal producing properties for calendar 2015 as well as the actual production reported to us by the various operators through june 30 , 2015. the estimates and production reports are prepared by the operators of the mining properties . we do not participate in the preparation or calculation of the operators ' estimates or production reports and have not independently assessed or verified the accuracy of such information . please refer to part i , item 2 , properties , of this report for further discussion on any updates at our principal producing and development properties . 43 operators ' estimated and actual production by royalty and stream interest for calendar 2015 principal producing properties replace_table_token_21_th ( 1 ) production estimates received from our operators are for calendar 2015. there can be no assurance that production estimates received from our operators will be achieved . please refer to our cautionary language regarding forward-looking statements following this md & a , as well as the risk factors identified in part i , item 1a , of this report for information regarding factors that could affect actual results . ( 2 ) the operators of our voisey 's bay and robinson royalty interests did not release public production guidance for calendar 2015 , thus estimated and actual production information is not shown in the table . ( 3 ) actual production figures shown are for the period january 1 , 2015 through june 30 , 2015 , unless otherwise noted . ( 4 ) actual production figures for andacollo and cortez are based on information provided to us by the operators , and actual production figures for holt , mount milligan , mulatos and peñasquito ( gold ) are the operators ' publicly reported figures . ( 5 ) the estimated and actual production figures shown for andacollo are contained gold in concentrate . ( 6 ) the estimated and actual production figures shown for mount milligan are payable gold in concentrate . ( 7 ) actual production shown is for the period ended march 31 , 2015. production information for the quarter ended june 30 , 2015 , was not available from the operator as of the date of this report . ( 8 ) the estimated gold and silver production figures reflect payable gold and silver in concentrate and doré , while the estimated lead and zinc production figures reflect payable metal in concentrate . ( 9 ) the actual gold production figure for gold reflects payable gold in concentrate and doré as reported by the operator . the actual production for silver , lead and zinc were not publicly available . the company 's royalty interest at peñasquito includes gold , silver , lead and zinc . 44 historical production the following table discloses historical production for the past three fiscal years for the principal producing properties that are subject to our royalty interests , as reported to us by the operators of the mines : historical production ( 1 ) by property principal producing properties for the fiscal years ended june 30 , 2015 , 2014 and 2013 replace_table_token_22_th ( 1 ) historical production relates to the amount of metal sales , subject to our royalty and stream interests for each fiscal year presented , as reported to us by the operators of the mines , and may differ from the operators ' public reporting . critical accounting policies listed below are the accounting policies that the company believes are critical to its financial statements due to the degree of uncertainty regarding the estimates or assumptions involved and the magnitude of the asset , liability , revenue or expense being reported . please refer to note 2 of the notes to consolidated financial statements for a discussion on recently issued accounting pronouncements . use of estimates the preparation of our financial statements , in conformity with accounting principles generally accepted in the united states of america , requires management to make estimates and assumptions . these estimates and assumptions affect the reported amounts of assets and liabilities , at the date of the financial statements , as well as the reported amounts of revenues and expenses during the reporting period . our most critical accounting estimates relate to our assumptions regarding future gold , silver , nickel , copper and other metal prices and the estimates of reserves , production and recoveries of third-party mine operators . we rely on reserve estimates reported by the operators on the properties in which we have royalty and stream interests . these estimates and the underlying assumptions affect the potential impairments of long-lived assets and the ability to realize income tax benefits associated with deferred tax assets . these estimates and assumptions also affect the rate at which we recognize revenue 45 or charge depreciation , depletion and amortization to earnings . on an ongoing basis , management evaluates these estimates and assumptions ; however , actual amounts could differ from these estimates and assumptions . story_separator_special_tag refer to note 4 of our notes to consolidated financial statements for further discussion on the impairments recognized during our fiscal year 2015. during the fiscal year ended june 30 , 2015 , we recognized income tax expense totaling $ 9.6 million compared with $ 19.5 million during the fiscal year ended june 30 , 2014. this resulted in an effective tax rate of 15.4 % during the current period , compared with 23.5 % in the prior period . the decrease in the effective tax rate for the fiscal year ended june 30 , 2015 , is primarily attributable to ( i ) a decrease in tax expense relating to a decrease in unrealized taxable foreign currency exchange gains , ( ii ) a favorable tax rate associated with certain operations in lower-tax jurisdictions , ( iii ) a valuation allowance release as a result of the strengthening u.s. dollar , ( iv ) a decrease in tax expense due to the chilean tax legislation enacted in the quarter ended september 30 , 2014 , and the corresponding re-measurement of the chilean long term deferred tax asset to the higher corporate income tax rate , and ( v ) the impairment charge on the wolverine royalty interest and the corresponding tax benefit recorded in the quarter ended december 31 , 2014 , and ( vi ) net of the effect of an increase in tax expense due to canadian tax legislation enacted in the quarter ended june 30 , 2015 , which resulted in the re-measurement of canadian deferred tax liabilities at the higher tax rate . excluding the enactment of the chilean tax legislation during the quarter ended september 30 , 2014 , the impairment charge on the wolverine royalty interest during the quarter ended december 31 , 2014 , and the enactment of canadian tax legislation during the quarter ended june 30 , 2015 , the effective tax rate for the twelve months ended june 30 , 2015 , would have been 19.6 % . fiscal year ended june 30 , 2014 , compared with fiscal year ended june 30 , 2013 for the fiscal year ended june 30 , 2014 , we recorded net income available to royal gold common stockholders of $ 62.6 million , or $ 0.96 per basic share and diluted share , compared to net income available to royal gold common stockholders of $ 69.2 million , or $ 1.09 per basic share and diluted share , for the fiscal year ended june 30 , 2013. the decrease in our earnings per share was primarily 52 attributable to a decrease in revenue and an increase in certain costs and expenses , as discussed further below . for the fiscal year ended june 30 , 2014 , we recognized total revenue of $ 237.2 million , at an average gold price of $ 1,296 per ounce , an average silver price of $ 20.57 per ounce , an average nickel price of $ 6.89 per pound and an average copper price of $ 3.18 per pound , compared to total revenue of $ 289.2 million , at an average gold price of $ 1,605 per ounce , an average silver price of $ 28.97 per ounce , an average nickel price of $ 7.44 per pound and an average copper price of $ 3.48 per pound , for the fiscal year ended june 30 , 2013. revenue and the corresponding production , attributable to our royalty and stream interests , for the fiscal year ended june 30 , 2014 compared to the fiscal year ended june 30 , 2013 is as follows : revenue and reported production subject to our royalty and stream interests fiscal years ended june 30 , 2014 and 2013 ( in thousands , except reported production in ozs . and lbs . ) replace_table_token_25_th ( 1 ) reported production relates to the amount of metal sales , subject to our royalty interests , for the twelve months ended june 30 , 2014 and june 30 , 2013 , as reported to us by the operators of the mines . ( 2 ) individually , no royalty included within the `` other `` category contributed greater than 5 % of our total revenue for either period . ( 3 ) during the fiscal year 2014 , the company sold approximately 21,100 ounces and had approximately 7,800 ounces of gold in inventory as of june 30 , 2014 . 53 the decrease in total revenue for the fiscal year ended june 30 , 2014 , compared with the fiscal year ended june 30 , 2013 , resulted primarily from a decrease in the average gold , silver , copper and nickel prices and decreases in production primarily at andacollo , voisey 's bay , mulatos , and robinson . these decreases during the current period were partially offset by new production at mount milligan and production increases at peñasquito . refer to part i , item 2 , properties , for discussion and any updates on our principal producing properties . cost of sales were approximately $ 9.2 million for the fiscal year ended june 30 , 2014 , compared to zero for the fiscal year ended june 30 , 2013. cost of sales for our fiscal year 2014 is specific to our streaming agreement for mount milligan , which began production during the current period , and is the result of the company 's purchases of gold for a cash payment of the lesser of $ 435 per ounce , or the prevailing market price of gold when purchased . general and administrative expenses decreased to $ 21.2 million for the fiscal year ended june 30 , 2014 , from $ 24.0 million for the fiscal year ended june 30 , 2013. the decrease was primarily due to a decrease in non-cash stock based compensation expense of approximately $ 3.1 million as a result of management 's change in estimate

