Kinross Gold Corporation(NYSE:KGC)

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It is also involved in the extraction and processing of gold-containin...
Website: http://www.kinross.com
Founded: 1993
Full Time Employees: 8,447
Sector: Basic Materials
Industry: Gold
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At a glance:
Bull Thesis:
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Quarterly
Annual
| Unit: USD | 2025-11-04 | 2025-09-30 | 2025-07-30 | 2025-06-30 | 2025-05-06 | 2025-03-31 | 2025-02-12 | 2024-12-31 | 2024-11-05 | 2024-09-30 | 2024-07-31 | 2024-06-30 | 2024-05-07 | 2024-03-31 | 2023-11-08 | 2023-09-30 | 2023-08-02 | 2023-06-30 | 2021-11-10 | 2021-09-30 | 2021-07-28 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-05-07 | 2019-03-31 | 2018-09-30 | 2017-09-30 | 2016-03-31 | 2015-12-31 | 2011-09-30 | 2011-06-30 | 2011-05-04 | 2011-03-31 | 2010-12-31 | 2010-11-29 | 2002-12-11 | 2002-12-10 | 2002-12-09 |
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revenue | |||||||||||||||||||||||||||||||||||||||||||
yoy | |||||||||||||||||||||||||||||||||||||||||||
qoq | |||||||||||||||||||||||||||||||||||||||||||
metal sales | 1,802,100,000 | 1,802,100,000 | 1,728,500,000 | 1,728,500,000 | 1,497,500,000 | 1,497,500,000 | 5,148,800,000 | 5,148,800,000 | 1,432,000,000 | 1,432,000,000 | 1,219,500,000 | 1,219,500,000 | 1,081,500,000 | 1,081,500,000 | 1,102,400,000 | 1,102,400,000 | 1,092,300,000 | 1,092,300,000 | 862,500,000 | 862,500,000 | 1,000,900,000 | 1,000,900,000 | 986,500,000 | 1,007,200,000 | 879,800,000 | 877,100,000 | 837,800,000 | 786,200,000 | 786,200,000 | 753,900,000 | 828,000,000 | 782,600,000 | -414,100,000 | 1,069,200,000 | 987,800,000 | 937,000,000 | 937,000,000 | ||||||
cost of sales | |||||||||||||||||||||||||||||||||||||||||||
production cost of sales | 598,600,000 | 598,600,000 | 568,400,000 | 568,400,000 | 546,700,000 | 546,700,000 | 2,197,100,000 | 2,197,100,000 | 564,300,000 | 564,300,000 | 536,100,000 | 536,100,000 | 512,900,000 | 512,900,000 | 520,600,000 | 520,600,000 | 497,900,000 | 497,900,000 | 421,000,000 | 421,000,000 | 460,000,000 | 460,000,000 | 419,900,000 | 428,500,000 | 421,300,000 | 440,600,000 | 426,100,000 | 411,700,000 | 411,700,000 | 484,600,000 | 427,500,000 | 462,300,000 | -136,400,000 | ||||||||||
depreciation, depletion and amortization | 285,400,000 | 285,400,000 | 262,900,000 | 262,900,000 | 288,400,000 | 288,400,000 | 1,147,500,000 | 1,147,500,000 | 296,200,000 | 296,200,000 | 295,800,000 | 295,800,000 | 270,700,000 | 270,700,000 | 263,900,000 | 263,900,000 | 239,300,000 | 239,300,000 | 208,800,000 | 208,800,000 | 225,800,000 | 225,800,000 | 207,000,000 | 210,400,000 | 193,100,000 | 176,900,000 | 179,900,000 | 164,100,000 | 164,100,000 | 204,700,000 | 207,600,000 | 207,800,000 | 23,000,000 | 143,400,000 | 149,900,000 | 145,700,000 | 145,700,000 | 19,900,000 | 19,900,000 | 19,900,000 | |||
impairment reversal | |||||||||||||||||||||||||||||||||||||||||||
total cost of sales | 884,000,000 | 884,000,000 | 831,300,000 | 831,300,000 | 835,100,000 | 835,100,000 | 3,270,500,000 | 3,270,500,000 | 786,400,000 | 786,400,000 | 831,900,000 | 831,900,000 | 783,600,000 | 783,600,000 | 784,500,000 | 784,500,000 | 737,200,000 | 737,200,000 | 629,800,000 | 629,800,000 | 685,800,000 | 685,800,000 | 626,900,000 | 590,600,000 | 614,400,000 | 617,500,000 | 606,000,000 | 575,800,000 | 575,800,000 | 689,300,000 | 635,100,000 | 670,100,000 | 568,900,000 | 552,500,000 | 526,400,000 | 526,400,000 | |||||||
gross profit | 918,100,000 | 918,100,000 | 897,200,000 | 897,200,000 | 662,400,000 | 662,400,000 | 1,878,300,000 | 1,878,300,000 | 645,600,000 | 645,600,000 | 387,600,000 | 387,600,000 | 297,900,000 | 297,900,000 | 317,900,000 | 317,900,000 | 355,100,000 | 355,100,000 | 232,700,000 | 232,700,000 | 315,100,000 | 315,100,000 | 359,600,000 | 416,600,000 | 265,400,000 | 259,600,000 | 231,800,000 | 210,400,000 | 210,400,000 | 64,600,000 | 192,900,000 | 112,500,000 | 500,300,000 | 435,300,000 | 410,600,000 | 410,600,000 | |||||||
yoy | 38.60% | 38.60% | -52.23% | -52.23% | 2.60% | 2.60% | 384.60% | 384.60% | 116.72% | 116.72% | 21.93% | 21.93% | -16.11% | -16.11% | 36.61% | 36.61% | 12.69% | 12.69% | -35.29% | -24.36% | 18.73% | 38.52% | 98.00% | 26.14% | 301.86% | 20.17% | 87.02% | -87.09% | -55.69% | -72.60% | |||||||||||||
qoq | 0.00% | 2.33% | 0.00% | 35.45% | 0.00% | -64.73% | 0.00% | 190.94% | 0.00% | 66.56% | 0.00% | 30.11% | 0.00% | -6.29% | 0.00% | -10.48% | 0.00% | 52.60% | 0.00% | -26.15% | 0.00% | -12.37% | 56.97% | 2.23% | 11.99% | 10.17% | 0.00% | 225.70% | -66.51% | 71.47% | 14.93% | 6.02% | 0.00% | ||||||||||
gross margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | NaN% | NaN% | NaN% | NaN% |
other operating expense | 26,100,000 | 26,100,000 | 31,100,000 | 31,100,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 21,100,000 | 21,100,000 | 1,900,000 | 1,900,000 | 27,600,000 | 27,600,000 | 14,900,000 | 14,900,000 | 36,000,000 | 36,000,000 | 94,000,000 | 94,000,000 | 55,800,000 | 55,800,000 | 57,900,000 | 52,900,000 | 21,900,000 | 29,100,000 | 29,500,000 | 32,900,000 | 32,900,000 | 46,700,000 | 55,100,000 | 33,900,000 | |||||||||||
exploration and business development | 50,700,000 | 50,700,000 | 61,700,000 | 61,700,000 | 42,300,000 | 42,300,000 | 197,800,000 | 197,800,000 | 49,600,000 | 49,600,000 | 55,700,000 | 55,700,000 | 41,700,000 | 41,700,000 | 51,000,000 | 51,000,000 | 49,300,000 | 49,300,000 | 36,600,000 | 36,600,000 | 34,000,000 | 34,000,000 | 25,400,000 | 17,900,000 | 19,100,000 | 35,600,000 | 28,400,000 | 19,500,000 | 19,500,000 | 32,500,000 | 26,100,000 | 16,700,000 | 38,200,000 | 26,800,000 | 23,900,000 | 23,900,000 | 2,400,000 | 2,400,000 | 2,400,000 | ||||
general and administrative | 31,200,000 | 31,200,000 | 29,600,000 | 29,600,000 | 35,700,000 | 35,700,000 | 126,200,000 | 126,200,000 | 27,200,000 | 27,200,000 | 31,700,000 | 31,700,000 | 35,400,000 | 35,400,000 | 25,800,000 | 25,800,000 | 32,000,000 | 32,000,000 | 29,200,000 | 29,200,000 | 31,400,000 | 31,400,000 | 34,000,000 | 24,700,000 | 31,800,000 | 32,300,000 | 29,600,000 | 42,600,000 | 42,600,000 | 34,200,000 | 31,600,000 | 38,300,000 | 36,200,000 | 40,100,000 | 43,300,000 | 43,300,000 | 11,314,000 | 3,200,000 | 3,200,000 | 3,200,000 | |||
operating earnings | 810,100,000 | 810,100,000 | 774,800,000 | 774,800,000 | 570,400,000 | 570,400,000 | 1,540,300,000 | 1,540,300,000 | 547,700,000 | 547,700,000 | 298,300,000 | 298,300,000 | 193,200,000 | 193,200,000 | 226,200,000 | 226,200,000 | 237,800,000 | 237,800,000 | 72,900,000 | 72,900,000 | 193,900,000 | 193,900,000 | 242,300,000 | 321,100,000 | 192,600,000 | 162,600,000 | 144,300,000 | 115,400,000 | 115,400,000 | -48,800,000 | 80,100,000 | 23,600,000 | 416,900,000 | 358,000,000 | 339,200,000 | 339,200,000 | |||||||
other income - net | 16,800,000 | 16,800,000 | -19,800,000 | -19,800,000 | -13,200,000 | -13,200,000 | 14,300,000 | 14,300,000 | -6,000,000 | -6,000,000 | 5,700,000 | 5,700,000 | 100,000 | 100,000 | -300,000 | -300,000 | -10,400,000 | -10,400,000 | 3,600,000 | 3,600,000 | -14,900,000 | -14,900,000 | 2,300,000 | 9,200,000 | -600,000 | 5,200,000 | -2,600,000 | 2,700,000 | 2,700,000 | -2,600,000 | -1,200,000 | 8,100,000 | 16,300,000 | 88,400,000 | 88,400,000 | ||||||||
finance income | 45,200,000 | 45,200,000 | 7,400,000 | 7,400,000 | 4,200,000 | 4,200,000 | 18,200,000 | 18,200,000 | 6,300,000 | 6,300,000 | 4,500,000 | 4,500,000 | 3,900,000 | 3,900,000 | 11,300,000 | 11,300,000 | 11,500,000 | 11,500,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,800,000 | 1,000,000 | 2,000,000 | 2,300,000 | 1,900,000 | 2,100,000 | 2,100,000 | 2,500,000 | 3,300,000 | 1,600,000 | 1,800,000 | 1,700,000 | 2,300,000 | 2,300,000 | |||||||
finance expense | -30,700,000 | -30,700,000 | -32,900,000 | -32,900,000 | -35,200,000 | -35,200,000 | -91,400,000 | -91,400,000 | -23,500,000 | -23,500,000 | -21,800,000 | -21,800,000 | -21,500,000 | -21,500,000 | -25,900,000 | -25,900,000 | -26,000,000 | -26,000,000 | -19,400,000 | -19,400,000 | -20,000,000 | -20,000,000 | -19,300,000 | -32,800,000 | -25,700,000 | -23,800,000 | -26,100,000 | -27,500,000 | -27,500,000 | -22,100,000 | -32,300,000 | -33,200,000 | -16,200,000 | ||||||||||
earnings before tax | 841,400,000 | 841,400,000 | 729,500,000 | 729,500,000 | 526,200,000 | 526,200,000 | 1,481,400,000 | 1,481,400,000 | 524,500,000 | 524,500,000 | 286,700,000 | 286,700,000 | 175,700,000 | 175,700,000 | 58,800,000 | 58,800,000 | 160,700,000 | 160,700,000 | 227,100,000 | 298,500,000 | 168,300,000 | 146,300,000 | 117,600,000 | 92,700,000 | 92,700,000 | -71,200,000 | 49,800,000 | 300,000 | |||||||||||||||
income tax expense - net | -232,300,000 | -232,300,000 | -170,900,000 | -170,900,000 | -136,800,000 | -136,800,000 | -487,400,000 | -487,400,000 | -134,200,000 | -134,200,000 | -77,800,000 | -77,800,000 | -69,100,000 | -69,100,000 | -102,400,000 | -102,400,000 | -62,000,000 | -62,000,000 | -104,700,000 | -104,700,000 | -42,300,000 | -42,300,000 | -77,900,000 | -102,500,000 | -45,000,000 | -85,500,000 | -46,500,000 | -28,100,000 | -28,100,000 | -15,600,000 | -116,300,000 | ||||||||||||
net earnings | 609,100,000 | 609,100,000 | 558,600,000 | 558,600,000 | 389,400,000 | 389,400,000 | 994,000,000 | 994,000,000 | 390,300,000 | 390,300,000 | 208,900,000 | 208,900,000 | 106,600,000 | 106,600,000 | 108,900,000 | 108,900,000 | 150,900,000 | 150,900,000 | -45,900,000 | -45,900,000 | 118,400,000 | 118,400,000 | 149,200,000 | 196,000,000 | 123,300,000 | 60,800,000 | 71,100,000 | 64,600,000 | 64,600,000 | -105,300,000 | 60,100,000 | 215,400,000 | 261,200,000 | 297,200,000 | 297,200,000 | ||||||||
yoy | 56.42% | 56.42% | -43.80% | -43.80% | -0.23% | -0.23% | 375.83% | 375.83% | 266.14% | 266.14% | 91.83% | 91.83% | -29.36% | -29.36% | -337.25% | -337.25% | 27.45% | 27.45% | -130.76% | -39.59% | -3.97% | 145.39% | 203.41% | 90.87% | -157.74% | 18.30% | -148.89% | -76.99% | |||||||||||||||
qoq | 0.00% | 9.04% | 0.00% | 43.45% | 0.00% | -60.82% | 0.00% | 154.68% | 0.00% | 86.84% | 0.00% | 95.97% | 0.00% | -2.11% | 0.00% | -27.83% | 0.00% | -428.76% | 0.00% | -138.77% | 0.00% | -20.64% | 58.96% | 102.80% | -14.49% | 10.06% | 0.00% | -161.35% | -275.21% | -17.53% | -12.11% | 0.00% | |||||||||||
net income margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | NaN% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | NaN% | NaN% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | NaN% | NaN% | NaN% | NaN% |
net earnings attributable to: | |||||||||||||||||||||||||||||||||||||||||||
non-controlling interests | 24,200,000 | 24,200,000 | 27,900,000 | 27,900,000 | 21,400,000 | 21,400,000 | 45,200,000 | 45,200,000 | 35,000,000 | 35,000,000 | -2,000,000 | -2,000,000 | -400,000 | -400,000 | -800,000 | -800,000 | -100,000 | -100,000 | -1,000,000 | -1,000,000 | -900,000 | -900,000 | -300,000 | ||||||||||||||||||||
common shareholders | 584,900,000 | 584,900,000 | 530,700,000 | 530,700,000 | 368,000,000 | 368,000,000 | 948,800,000 | 948,800,000 | 355,300,000 | 355,300,000 | 210,900,000 | 210,900,000 | 107,000,000 | 107,000,000 | 109,700,000 | 109,700,000 | 151,000,000 | 151,000,000 | -44,900,000 | -44,900,000 | 119,300,000 | 119,300,000 | 149,500,000 | 195,700,000 | 122,700,000 | 60,900,000 | 71,500,000 | 64,700,000 | 64,700,000 | -104,400,000 | 60,100,000 | -13,900,000 | |||||||||||
earnings per share attributable to common shareholders | |||||||||||||||||||||||||||||||||||||||||||
basic | 0.48 | 0.48 | 0.43 | 0.43 | 0.3 | 0.3 | 0.77 | 0.77 | 0.29 | 0.29 | 0.17 | 0.17 | 0.09 | 0.09 | 0.09 | 0.09 | 0.12 | 0.12 | -0.04 | 0.09 | 0.09 | 0.12 | 0.16 | 0.1 | 0.05 | 0.06 | 0.05 | 0.05 | -0.08 | 0.05 | 0.19 | 0.22 | 0.23 | 0.23 | |||||||||
diluted | 0.48 | 0.48 | 0.43 | 0.43 | 0.3 | 0.3 | 0.77 | 0.77 | 0.29 | 0.29 | 0.17 | 0.17 | 0.09 | 0.09 | 0.09 | 0.09 | 0.12 | 0.12 | -0.04 | 0.09 | 0.09 | 0.12 | 0.15 | 0.1 | 0.05 | 0.06 | 0.05 | 0.05 | -0.08 | 0.05 | 0.19 | 0.22 | 0.22 | 0.22 | |||||||||
impairment (reversal) charge | -74,100,000 | -74,100,000 | |||||||||||||||||||||||||||||||||||||||||
reversal of impairment charge | -74,100,000 | -74,100,000 | -48,300,000 | ||||||||||||||||||||||||||||||||||||||||
earnings from continuing operations before tax | 211,300,000 | 211,300,000 | 212,900,000 | 212,900,000 | |||||||||||||||||||||||||||||||||||||||
earnings from continuing operations after tax | 108,900,000 | 108,900,000 | 150,900,000 | 150,900,000 | |||||||||||||||||||||||||||||||||||||||
income from discontinued operations after tax | |||||||||||||||||||||||||||||||||||||||||||
net earnings from continuing operations attributable to: | |||||||||||||||||||||||||||||||||||||||||||
net earnings from discontinued operations attributable to: | |||||||||||||||||||||||||||||||||||||||||||
earnings per share from continuing operations attributable to common shareholders | |||||||||||||||||||||||||||||||||||||||||||
basic | 0.48 | 0.48 | 0.43 | 0.43 | 0.3 | 0.3 | 0.77 | 0.77 | 0.29 | 0.29 | 0.17 | 0.17 | 0.09 | 0.09 | 0.09 | 0.09 | 0.12 | 0.12 | -0.04 | 0.09 | 0.09 | 0.12 | 0.16 | 0.1 | 0.05 | 0.06 | 0.05 | 0.05 | -0.08 | 0.05 | 0.19 | 0.22 | 0.23 | 0.23 | |||||||||
diluted | 0.48 | 0.48 | 0.43 | 0.43 | 0.3 | 0.3 | 0.77 | 0.77 | 0.29 | 0.29 | 0.17 | 0.17 | 0.09 | 0.09 | 0.09 | 0.09 | 0.12 | 0.12 | -0.04 | 0.09 | 0.09 | 0.12 | 0.15 | 0.1 | 0.05 | 0.06 | 0.05 | 0.05 | -0.08 | 0.05 | 0.19 | 0.22 | 0.22 | 0.22 | |||||||||
earnings per share from discontinued operations attributable to common shareholders | |||||||||||||||||||||||||||||||||||||||||||
earnings per share attributable to common shareholders | |||||||||||||||||||||||||||||||||||||||||||
(loss) earnings per share attributable to common shareholders | |||||||||||||||||||||||||||||||||||||||||||
basic | -0.04 | ||||||||||||||||||||||||||||||||||||||||||
diluted | -0.04 | ||||||||||||||||||||||||||||||||||||||||||
weighted average number of common shares outstanding | |||||||||||||||||||||||||||||||||||||||||||
basic | 1,261.2 | ||||||||||||||||||||||||||||||||||||||||||
diluted | 1,261.2 | ||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding | |||||||||||||||||||||||||||||||||||||||||||
basic | 1,261.2 | 1,261.3 | 1,261.3 | 1,259.2 | 1,257.6 | 1,254.6 | 1,252.8 | 1,252.3 | 1,250.6 | 1,250.6 | 1,250.2 | 1,247 | 1,173.6 | 1,136.7 | 1,135.8 | 1,134 | 1,134 | ||||||||||||||||||||||||||
diluted | 1,261.2 | 1,270.1 | 1,270.1 | 1,268.4 | 1,268.5 | 1,265.3 | 1,263.9 | 1,261.2 | 1,259.1 | 1,259.1 | 1,250.2 | 1,257.1 | 1,173.6 | 1,142.4 | 1,141.4 | 1,139.4 | 1,139.4 | ||||||||||||||||||||||||||
non-controlling interest | 300,000 | 600,000 | -100,000 | -400,000 | -100,000 | -100,000 | -900,000 | -1,400,000 | |||||||||||||||||||||||||||||||||||
equity in (losses) earnings of joint ventures | |||||||||||||||||||||||||||||||||||||||||||
equity in earnings of joint ventures | 100,000 | ||||||||||||||||||||||||||||||||||||||||||
equity in losses of joint ventures | |||||||||||||||||||||||||||||||||||||||||||
equity in losses of joint ventures and associate | -200,000 | ||||||||||||||||||||||||||||||||||||||||||
income tax recovery (expense) - net | -34,100,000 | 10,300,000 | |||||||||||||||||||||||||||||||||||||||||
impairment charges | -552,400,000 | ||||||||||||||||||||||||||||||||||||||||||
equity in losses of associate and joint ventures | -100,000 | ||||||||||||||||||||||||||||||||||||||||||
equity in earnings (losses) of associate and joint venture | 200,000 | ||||||||||||||||||||||||||||||||||||||||||
net income | -15,300,000 | 109,162,000 | |||||||||||||||||||||||||||||||||||||||||
net income attributable to: | |||||||||||||||||||||||||||||||||||||||||||
loss per share attributable to common shareholders | |||||||||||||||||||||||||||||||||||||||||||
basic | -0.01 | ||||||||||||||||||||||||||||||||||||||||||
diluted | -0.01 | ||||||||||||||||||||||||||||||||||||||||||
operating highlights from continuing operations | |||||||||||||||||||||||||||||||||||||||||||
total gold equivalent ounces | |||||||||||||||||||||||||||||||||||||||||||
produced | -118,782,000,000 | ||||||||||||||||||||||||||||||||||||||||||
sold | -108,531,000,000 | ||||||||||||||||||||||||||||||||||||||||||
attributable gold equivalent ounces | |||||||||||||||||||||||||||||||||||||||||||
financial highlights from continuing operations | |||||||||||||||||||||||||||||||||||||||||||
operating income | 284,300,000 | ||||||||||||||||||||||||||||||||||||||||||
yoy | |||||||||||||||||||||||||||||||||||||||||||
qoq | |||||||||||||||||||||||||||||||||||||||||||
operating margin % | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | Infinity% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% |
net income attributable to common shareholders | 415,500,000 | ||||||||||||||||||||||||||||||||||||||||||
basic loss per share attributable to common shareholders | 0.36 | ||||||||||||||||||||||||||||||||||||||||||
diluted loss per share attributable to common shareholders | 0.36 | ||||||||||||||||||||||||||||||||||||||||||
adjusted net earnings attributable to common shareholders | -222.1 | ||||||||||||||||||||||||||||||||||||||||||
adjusted net earnings per share | -0.19 | ||||||||||||||||||||||||||||||||||||||||||
net cash flow provided from operating activities | -26.5 | ||||||||||||||||||||||||||||||||||||||||||
adjusted operating cash flow | -237.2 | ||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -21.8 | ||||||||||||||||||||||||||||||||||||||||||
average realized gold price per ounce | -104 | ||||||||||||||||||||||||||||||||||||||||||
consolidated production cost of sales per equivalent ounce | -23 | ||||||||||||||||||||||||||||||||||||||||||
attributable | -24 | ||||||||||||||||||||||||||||||||||||||||||
"total" includes 100% of chirano production. "attributable" includes kinross' share of chirano (90%) production. | |||||||||||||||||||||||||||||||||||||||||||
the definition and reconciliation of these non-gaap financial measures is included in section 11 of this document. | |||||||||||||||||||||||||||||||||||||||||||
production costs | 425,500,000 | 402,600,000 | 380,700,000 | 380,700,000 | |||||||||||||||||||||||||||||||||||||||
other operating costs | 9,000,000 | 10,400,000 | 4,200,000 | 4,200,000 | |||||||||||||||||||||||||||||||||||||||
equity in gains of associates | 200,000 | ||||||||||||||||||||||||||||||||||||||||||
earnings before taxes | 386,800,000 | 360,100,000 | 413,500,000 | 413,500,000 | |||||||||||||||||||||||||||||||||||||||
attributed to non-controlling interest | 2,800,000 | 13,800,000 | 41,700,000 | 41,700,000 | |||||||||||||||||||||||||||||||||||||||
attributed to common shareholders | 212,600,000 | 247,400,000 | 255,500,000 | 255,500,000 | |||||||||||||||||||||||||||||||||||||||
earnings per share | |||||||||||||||||||||||||||||||||||||||||||
basic | 0.48 | 0.48 | 0.43 | 0.43 | 0.3 | 0.3 | 0.77 | 0.77 | 0.29 | 0.29 | 0.17 | 0.17 | 0.09 | 0.09 | 0.09 | 0.09 | 0.12 | 0.12 | -0.04 | 0.09 | 0.09 | 0.12 | 0.16 | 0.1 | 0.05 | 0.06 | 0.05 | 0.05 | -0.08 | 0.05 | 0.19 | 0.22 | 0.23 | 0.23 | |||||||||
diluted | 0.48 | 0.48 | 0.43 | 0.43 | 0.3 | 0.3 | 0.77 | 0.77 | 0.29 | 0.29 | 0.17 | 0.17 | 0.09 | 0.09 | 0.09 | 0.09 | 0.12 | 0.12 | -0.04 | 0.09 | 0.09 | 0.12 | 0.15 | 0.1 | 0.05 | 0.06 | 0.05 | 0.05 | -0.08 | 0.05 | 0.19 | 0.22 | 0.22 | 0.22 | |||||||||
equity in losses of associates | -200,000 | ||||||||||||||||||||||||||||||||||||||||||
gold revenue | 318,389,000 | ||||||||||||||||||||||||||||||||||||||||||
costs and expenses | |||||||||||||||||||||||||||||||||||||||||||
operating | 125,070,000 | 39,000,000 | 39,000,000 | 39,000,000 | |||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 57,606,000 | ||||||||||||||||||||||||||||||||||||||||||
accretion | 391,000 | ||||||||||||||||||||||||||||||||||||||||||
royalties | 17,552,000 | ||||||||||||||||||||||||||||||||||||||||||
profit from mining operations | 117,770,000 | ||||||||||||||||||||||||||||||||||||||||||
depreciation | 18,000 | ||||||||||||||||||||||||||||||||||||||||||
interest expense and bank charges | 642,000 | ||||||||||||||||||||||||||||||||||||||||||
stock based compensation | 8,998,000 | ||||||||||||||||||||||||||||||||||||||||||
write-off of exploration costs | 2,110,000 | ||||||||||||||||||||||||||||||||||||||||||
interest income | -1,248,000 | ||||||||||||||||||||||||||||||||||||||||||
income before the undernoted items | 95,936,000 | ||||||||||||||||||||||||||||||||||||||||||
foreign exchange gain | 6,190,000 | ||||||||||||||||||||||||||||||||||||||||||
gain on sale of marketable securities | 3,020,000 | ||||||||||||||||||||||||||||||||||||||||||
other income | 13,174,000 | ||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 118,320,000 | ||||||||||||||||||||||||||||||||||||||||||
current income tax expense | -1,621,000 | ||||||||||||||||||||||||||||||||||||||||||
future income tax recovery | -6,529,000 | ||||||||||||||||||||||||||||||||||||||||||
net income before minority interest | 110,170,000 | ||||||||||||||||||||||||||||||||||||||||||
minority interest | -1,008,000 | ||||||||||||||||||||||||||||||||||||||||||
deficit, beginning of the year | -42,332,000 | ||||||||||||||||||||||||||||||||||||||||||
retained earnings (deficit), end of the year | 66,830,000 | ||||||||||||||||||||||||||||||||||||||||||
income per common share – basic | 480 | ||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding - basic | 227,412,339,000 | ||||||||||||||||||||||||||||||||||||||||||
income per common share – diluted | 480 | ||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding - diluted | 228,976,372,000 | ||||||||||||||||||||||||||||||||||||||||||
mining revenue | 56,500,000 | 56,500,000 | 56,500,000 | ||||||||||||||||||||||||||||||||||||||||
interest and other income | 6,000,000 | 6,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||
expenses | |||||||||||||||||||||||||||||||||||||||||||
gain on sale of assets | -500,000 | -500,000 | -500,000 | ||||||||||||||||||||||||||||||||||||||||
foreign exchange loss | |||||||||||||||||||||||||||||||||||||||||||
interest expense on long-term liabilities | 1,200,000 | 1,200,000 | 1,200,000 | ||||||||||||||||||||||||||||||||||||||||
share in loss of investee companies | -800,000 | -800,000 | -800,000 | ||||||||||||||||||||||||||||||||||||||||
loss before taxes and dividends on convertible preferred shares of subsidiary company | -3,800,000 | -3,800,000 | -3,800,000 | ||||||||||||||||||||||||||||||||||||||||
provision for income and mining taxes | -1,700,000 | -1,700,000 | -1,700,000 | ||||||||||||||||||||||||||||||||||||||||
loss for the period before dividends on convertible preferred shares of subsidiary company | -5,500,000 | -5,500,000 | -5,500,000 | ||||||||||||||||||||||||||||||||||||||||
dividends on convertible preferred shares of subsidiary company | -300,000 | -300,000 | -300,000 | ||||||||||||||||||||||||||||||||||||||||
net loss for the period | -5,800,000 | -5,800,000 | -5,800,000 | ||||||||||||||||||||||||||||||||||||||||
increase in equity component of convertible debentures | -1,300,000 | -1,300,000 | -1,300,000 | ||||||||||||||||||||||||||||||||||||||||
net loss attributable to common shares | -7,100,000 | -7,100,000 | -7,100,000 | ||||||||||||||||||||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||||||||||||
basic and diluted | -0.02 | -0.02 | -0.02 | ||||||||||||||||||||||||||||||||||||||||
weighted-average number common shares outstanding | 358.3 | 358.3 | 358.3 | ||||||||||||||||||||||||||||||||||||||||
total outstanding and issued common shares at september 30 | |||||||||||||||||||||||||||||||||||||||||||
mark-to-market loss on call options | -300,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-11-04 | 2025-09-30 | 2025-07-30 | 2025-06-30 | 2025-05-06 | 2025-03-31 | 2025-02-12 | 2024-12-31 | 2024-11-05 | 2024-09-30 | 2024-07-31 | 2024-06-30 | 2024-05-07 | 2024-03-31 | 2023-11-08 | 2023-09-30 | 2023-08-02 | 2023-06-30 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-11-10 | 2021-09-30 | 2021-07-28 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-05-07 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2016-12-31 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-06-30 | 2014-03-31 | 2012-06-30 | 2011-09-30 | 2011-06-30 | 2011-05-04 | 2011-03-31 | 2010-12-31 | 2009-12-31 | 2002-12-11 | 2002-12-09 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | 2,748,600,000 | 2,243,000,000 | 2,126,700,000 | 2,030,100,000 | 1,928,400,000 | 1,831,700,000 | 1,978,500,000 | 1,939,000,000 | 1,852,600,000 | 1,914,100,000 | 2,388,700,000 | 2,189,600,000 | 1,948,900,000 | 1,962,300,000 | 2,021,700,000 | 2,315,100,000 | 2,825,600,000 | 2,409,600,000 | 1,824,700,000 | 1,624,600,000 | 1,661,500,000 | 1,597,400,000 | 1,597,900,000 | 1,774,600,000 | 2,176,200,000 | 2,255,800,000 | 2,284,400,000 | 2,315,800,000 | 2,062,600,000 | 2,264,700,000 | 2,171,800,000 | 2,292,100,000 | 2,500,300,000 | 2,545,700,000 | 2,544,600,000 | 2,587,100,000 | 2,429,400,000 | 2,366,300,000 | 2,796,200,000 | 3,073,200,000 | 2,406,700,000 | 2,809,800,000 | 2,668,500,000 | ||||||||||||||||||
cash and cash equivalents | 1,721,700,000 | 1,721,700,000 | 1,136,500,000 | 1,136,500,000 | 694,600,000 | 694,600,000 | 611,500,000 | 611,500,000 | 472,800,000 | 472,800,000 | 480,000,000 | 480,000,000 | 406,900,000 | 406,900,000 | 464,900,000 | 464,900,000 | 478,400,000 | 478,400,000 | 418,100,000 | 488,400,000 | 719,100,000 | 454,200,000 | 531,500,000 | 586,100,000 | 586,100,000 | 675,600,000 | 675,600,000 | 1,056,100,000 | 1,527,100,000 | 1,138,600,000 | 575,100,000 | 358,000,000 | 475,400,000 | 406,900,000 | 406,900,000 | 349,000,000 | 470,100,000 | 918,700,000 | 997,900,000 | 1,025,800,000 | 992,100,000 | 756,400,000 | 968,200,000 | 750,400,000 | 1,043,900,000 | 1,024,800,000 | 1,031,400,000 | 1,010,500,000 | 983,500,000 | 1,080,300,000 | 1,560,800,000 | 1,560,800,000 | 150,471,000 | 84,500,000 | |||||||
restricted cash | 14,200,000 | 14,200,000 | 12,700,000 | 11,900,000 | 10,200,000 | 10,800,000 | 9,500,000 | 10,300,000 | 8,900,000 | 8,700,000 | 11,500,000 | 12,000,000 | 13,300,000 | 2,100,000 | 21,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable and prepaid assets | 154,000,000 | 154,000,000 | 239,900,000 | 247,400,000 | 257,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories | 1,381,200,000 | 1,381,200,000 | 1,344,700,000 | 1,271,600,000 | 1,243,200,000 | 1,232,200,000 | 1,144,000,000 | 1,117,700,000 | 1,202,300,000 | 1,189,300,000 | 1,156,100,000 | 1,150,800,000 | 1,004,200,000 | 749,400,000 | 76,779,000 | 39,400,000 | |||||||||||||||||||||||||||||||||||||||||||||
other current assets | 142,700,000 | 142,700,000 | 14,800,000 | 17,500,000 | 3,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | 8,047,300,000 | 8,047,300,000 | 7,972,700,000 | 7,924,400,000 | 7,968,600,000 | 7,943,100,000 | 7,922,600,000 | 7,942,400,000 | 7,843,100,000 | 7,815,400,000 | 7,620,400,000 | 7,590,800,000 | 5,656,200,000 | 8,333,800,000 | 269,246,000 | 348,500,000 | 348,500,000 | ||||||||||||||||||||||||||||||||||||||||||||
long-term investments | 71,100,000 | 71,100,000 | 89,600,000 | 66,500,000 | 51,900,000 | 64,700,000 | 53,000,000 | 49,400,000 | 65,200,000 | 89,400,000 | 86,300,000 | 107,000,000 | 154,300,000 | 113,400,000 | 11,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other long-term assets | 597,800,000 | 597,800,000 | 647,200,000 | 714,700,000 | 713,100,000 | 707,900,000 | 722,600,000 | 716,800,000 | 700,600,000 | 696,400,000 | 559,700,000 | 561,400,000 | 581,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets | 5,300,000 | 5,300,000 | 5,300,000 | 12,600,000 | 12,600,000 | 12,600,000 | 5,700,000 | 6,500,000 | 5,900,000 | 5,000,000 | 48,400,000 | 13,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
total assets | 12,130,000,000 | 12,130,000,000 | 11,463,400,000 | 11,463,400,000 | 10,953,900,000 | 10,953,900,000 | 10,865,600,000 | 10,865,600,000 | 10,758,400,000 | 10,758,400,000 | 10,639,200,000 | 10,639,200,000 | 10,552,900,000 | 10,552,900,000 | 10,593,100,000 | 10,593,100,000 | 10,546,700,000 | 10,546,700,000 | 10,396,400,000 | 10,539,500,000 | 10,930,800,000 | 11,122,000,000 | 10,428,100,000 | 10,411,200,000 | 10,411,200,000 | 10,462,900,000 | 10,462,900,000 | 10,782,400,000 | 10,364,700,000 | 9,826,600,000 | 9,076,000,000 | 8,444,000,000 | 8,407,300,000 | 8,217,300,000 | 8,217,300,000 | 8,063,800,000 | 8,169,200,000 | 8,223,800,000 | 8,231,500,000 | 8,157,200,000 | 8,089,100,000 | 8,012,300,000 | 8,306,900,000 | 8,132,900,000 | 7,735,400,000 | 8,562,400,000 | 8,709,900,000 | 8,803,400,000 | 8,951,400,000 | 10,178,600,000 | 10,166,300,000 | 16,874,400,000 | 18,847,800,000 | 17,928,700,000 | 18,068,000,000 | 16,397,100,000 | |||||
liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | 750,900,000 | 673,100,000 | 615,500,000 | 598,700,000 | 576,500,000 | 529,200,000 | 612,400,000 | 577,800,000 | 586,500,000 | 1,300,700,000 | 693,300,000 | 874,600,000 | 943,400,000 | 927,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 700,400,000 | 700,400,000 | 611,300,000 | 529,500,000 | 543,000,000 | 548,100,000 | 546,900,000 | 466,800,000 | 545,800,000 | 556,400,000 | 482,400,000 | 469,400,000 | 384,400,000 | 371,100,000 | 43,256,000 | 37,700,000 | |||||||||||||||||||||||||||||||||||||||||||||
current income tax payable | 442,100,000 | 442,100,000 | 285,900,000 | 193,100,000 | 236,700,000 | 205,800,000 | 110,100,000 | 68,600,000 | 79,800,000 | 71,800,000 | 142,300,000 | 64,400,000 | 58,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 199,900,000 | 59,500,000 | 23,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of provisions | 51,000,000 | 51,000,000 | 60,000,000 | 59,400,000 | 62,500,000 | 51,100,000 | 49,900,000 | 47,000,000 | 58,600,000 | 53,400,000 | 85,000,000 | 65,300,000 | 63,300,000 | 21,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 12,800,000 | 12,800,000 | 9,500,000 | 11,300,000 | 18,000,000 | 7,900,000 | 10,600,000 | 12,100,000 | 16,100,000 | 19,800,000 | 31,800,000 | 32,000,000 | 22,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt | 1,236,900,000 | 1,236,900,000 | 1,236,400,000 | 1,235,900,000 | 1,235,500,000 | 410,100,000 | 28,400,000 | 28,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
provisions | 977,200,000 | 977,200,000 | 964,300,000 | 956,300,000 | 941,500,000 | 903,800,000 | 900,400,000 | 893,900,000 | 768,900,000 | 806,100,000 | 855,500,000 | 865,000,000 | 823,200,000 | 575,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | 55,600,000 | 55,600,000 | 56,300,000 | 78,600,000 | 78,900,000 | 93,800,000 | 89,300,000 | 86,800,000 | 129,100,000 | 133,300,000 | 119,800,000 | 123,000,000 | 101,500,000 | 107,300,000 | 5,700,000 | 5,700,000 | |||||||||||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 571,100,000 | 571,100,000 | 551,700,000 | 551,100,000 | 549,000,000 | 455,400,000 | 435,200,000 | 458,600,000 | 394,300,000 | 320,800,000 | 476,900,000 | 485,400,000 | 236,800,000 | 894,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 4,047,100,000 | 4,047,100,000 | 3,775,400,000 | 3,775,400,000 | 3,615,200,000 | 3,615,200,000 | 3,865,000,000 | 3,865,000,000 | 3,965,600,000 | 3,965,600,000 | 4,191,800,000 | 4,191,800,000 | 4,283,500,000 | 4,283,500,000 | 4,428,100,000 | 4,428,100,000 | 4,456,500,000 | 4,456,500,000 | 4,514,200,000 | 4,306,300,000 | 4,604,600,000 | 4,684,200,000 | 3,778,500,000 | 3,662,000,000 | 3,662,000,000 | 3,575,300,000 | 3,575,300,000 | 4,010,800,000 | 4,743,800,000 | 4,475,400,000 | 3,743,400,000 | 3,658,200,000 | 3,687,500,000 | 3,606,400,000 | 3,606,400,000 | 3,536,500,000 | 3,591,800,000 | 3,574,600,000 | 3,528,600,000 | 3,538,000,000 | 3,672,800,000 | 3,682,700,000 | 3,995,700,000 | 3,898,100,000 | 3,802,200,000 | 3,806,300,000 | 3,891,300,000 | 3,933,800,000 | 4,059,600,000 | 3,967,400,000 | 4,025,400,000 | 4,160,300,000 | 3,676,900,000 | 2,842,900,000 | 2,970,000,000 | 2,996,600,000 | |||||
equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shareholders' equity | 7,553,700,000 | 7,202,300,000 | 6,861,600,000 | 6,645,900,000 | 6,320,100,000 | 6,151,900,000 | 6,060,400,000 | 5,997,800,000 | 5,823,700,000 | 6,176,900,000 | 6,255,600,000 | 6,367,700,000 | 6,580,900,000 | 6,681,000,000 | 6,819,800,000 | 6,704,500,000 | 5,605,900,000 | 5,336,500,000 | 5,318,500,000 | 4,765,800,000 | 4,699,700,000 | 4,590,400,000 | 4,506,700,000 | 4,555,900,000 | 4,613,800,000 | 4,667,200,000 | 4,583,600,000 | 4,379,700,000 | 4,289,400,000 | 4,270,700,000 | 4,192,300,000 | 3,889,300,000 | 4,709,800,000 | 4,771,900,000 | 4,821,600,000 | 6,136,000,000 | 6,065,400,000 | 12,642,400,000 | 15,093,600,000 | 15,011,300,000 | 14,793,200,000 | ||||||||||||||||||||
common share capital | 4,419,000,000 | 4,419,000,000 | 4,451,000,000 | 4,493,600,000 | 4,487,300,000 | 4,486,800,000 | 4,486,700,000 | 4,486,500,000 | 4,480,800,000 | 4,480,200,000 | 4,471,800,000 | 4,490,500,000 | 14,919,200,000 | 965,300,000 | 965,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||
contributed surplus | 10,369,600,000 | 10,369,600,000 | 10,503,700,000 | 10,631,400,000 | 10,643,000,000 | 10,641,400,000 | 10,640,400,000 | 10,640,300,000 | 10,645,800,000 | 10,643,100,000 | 10,686,200,000 | 10,697,200,000 | 234,600,000 | 168,300,000 | 7,201,000 | 12,900,000 | 12,900,000 | ||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -6,807,700,000 | -6,807,700,000 | -7,356,200,000 | -7,850,200,000 | -8,181,300,000 | -8,420,000,000 | -8,738,400,000 | -8,912,500,000 | -9,011,200,000 | -9,084,100,000 | -8,452,100,000 | -8,369,400,000 | -10,483,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -24,000,000 | -24,000,000 | -44,800,000 | -72,500,000 | -87,400,000 | -62,300,000 | -68,600,000 | -62,400,000 | -149,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total common shareholders' equity | 7,956,900,000 | 7,956,900,000 | 7,553,700,000 | 7,202,300,000 | 6,861,600,000 | 6,645,900,000 | 6,320,100,000 | 6,151,900,000 | 6,060,400,000 | 5,997,800,000 | 6,681,000,000 | 6,819,800,000 | 4,590,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests | 126,000,000 | 126,000,000 | 134,300,000 | 134,300,000 | 136,400,000 | 136,400,000 | 139,000,000 | 139,000,000 | 146,900,000 | 146,900,000 | 127,300,000 | 127,300,000 | 117,500,000 | 117,500,000 | 104,600,000 | 104,600,000 | 92,400,000 | 92,400,000 | 58,500,000 | 56,300,000 | 70,600,000 | 70,100,000 | 68,700,000 | 68,200,000 | 68,200,000 | 67,800,000 | 67,800,000 | 67,100,000 | |||||||||||||||||||||||||||||||||
total equity | 8,082,900,000 | 8,082,900,000 | 7,688,000,000 | 7,338,700,000 | 7,000,600,000 | 6,792,800,000 | 6,447,400,000 | 6,269,400,000 | 6,165,000,000 | 6,090,200,000 | 6,749,200,000 | 6,887,600,000 | 4,610,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 12,130,000,000 | 12,130,000,000 | 11,463,400,000 | 10,953,900,000 | 10,865,600,000 | 10,758,400,000 | 10,639,200,000 | 10,552,900,000 | 10,593,100,000 | 10,546,700,000 | 10,411,200,000 | 10,462,900,000 | 8,217,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding | 1,209,993,934,000,000 | 1,209,993,934,000,000 | 1,218,782,161,000,000 | 1,230,443,992,000,000 | 1,229,125,606,000,000 | 1,229,048,190,000,000 | 1,229,025,839,000,000 | 1,228,982,701,000,000 | 1,227,699,367,000,000 | 1,227,579,280,000,000 | 1,256,648,138,000,000 | 1,261,933,539,000,000 | 1,252,293,410,000,000 | 1,135,354,559,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subsequent events | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities, including current portion of long-term debt | 966,700,000 | 793,300,000 | 1,060,100,000 | 1,262,600,000 | 1,517,000,000 | 1,593,800,000 | 732,300,000 | 1,232,900,000 | 751,500,000 | 643,100,000 | 796,200,000 | 661,100,000 | 741,400,000 | 771,500,000 | 661,100,000 | 1,072,000,000 | 545,700,000 | 585,300,000 | 584,400,000 | 535,500,000 | 777,400,000 | 674,200,000 | 701,800,000 | 737,100,000 | 528,300,000 | 522,600,000 | 604,400,000 | 570,800,000 | 599,200,000 | ||||||||||||||||||||||||||||||||
total debt, including current portion | 1,236,400,000 | 1,733,200,000 | 1,732,600,000 | 1,732,000,000 | 1,732,500,000 | 1,983,000,000 | 1,982,200,000 | 1,981,400,000 | 1,980,600,000 | 2,030,100,000 | 2,029,100,000 | 2,058,100,000 | 2,086,500,000 | 2,090,900,000 | 1,623,600,000 | 1,442,400,000 | 465,600,000 | 469,600,000 | 503,000,000 | ||||||||||||||||||||||||||||||||||||||||||
total debt and credit facilities, including current portion | 1,235,900,000 | 1,435,400,000 | 1,684,700,000 | 2,034,000,000 | 2,233,300,000 | 2,415,300,000 | 2,475,400,000 | 2,592,900,000 | 2,511,600,000 | 2,610,200,000 | 2,728,800,000 | 1,629,900,000 | 1,428,700,000 | 1,427,400,000 | 1,925,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||
current income tax recoverable | 900,000 | 1,100,000 | 1,500,000 | 2,700,000 | 6,200,000 | 5,500,000 | 6,500,000 | 16,500,000 | 73,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable and other assets | 307,600,000 | 276,900,000 | 283,200,000 | 280,900,000 | 240,200,000 | 202,100,000 | 166,800,000 | 92,700,000 | 360,700,000 | 12,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized fair value of derivative assets | 5,600,000 | 16,500,000 | 10,900,000 | 15,300,000 | 16,900,000 | 6,900,000 | 136,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt and credit facilities | 449,700,000 | 799,500,000 | 999,300,000 | 32,000,000 | 531,500,000 | 30,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt and credit facilities | 1,235,000,000 | 1,234,500,000 | 1,234,000,000 | 2,383,300,000 | 1,943,900,000 | 1,398,700,000 | 1,397,400,000 | 1,870,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term lease liabilities | 15,000,000 | 15,400,000 | 16,400,000 | 20,200,000 | 19,500,000 | 39,600,000 | 43,400,000 | 41,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -55,000,000 | -41,400,000 | -24,900,000 | 1,500,000 | -80,100,000 | 15,099,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 158,800,000 | 158,800,000 | 158,800,000 | 6,085,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in joint venture | 17,800,000 | 18,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred payment obligation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total long-term financial liabilities | 2,293,800,000 | 2,305,800,000 | 2,330,500,000 | 3,517,600,000 | 3,364,600,000 | 2,714,900,000 | 2,711,700,000 | 2,766,400,000 | 2,735,500,000 | 2,551,400,000 | 2,583,400,000 | 2,579,800,000 | 2,569,600,000 | 2,563,100,000 | 2,585,700,000 | 2,589,100,000 | 2,590,400,000 | 2,581,000,000 | 2,452,700,000 | 2,534,700,000 | 2,786,900,000 | 2,778,900,000 | 2,779,000,000 | 2,733,500,000 | 2,728,400,000 | 1,898,800,000 | 2,176,100,000 | 1,159,000,000 | 1,132,500,000 | 987,000,000 | |||||||||||||||||||||||||||||||
statistics | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
working capital | 1,190,800,000 | 1,360,600,000 | 1,243,100,000 | 2,074,700,000 | 1,736,500,000 | 1,209,200,000 | 1,025,900,000 | 1,085,000,000 | 1,068,200,000 | 985,500,000 | 1,196,800,000 | 1,589,700,000 | 1,710,100,000 | 1,699,100,000 | 1,731,400,000 | 1,527,100,000 | 1,487,300,000 | 1,497,600,000 | 1,590,300,000 | 1,763,200,000 | 2,017,400,000 | 2,022,000,000 | 1,982,700,000 | 1,858,600,000 | 1,767,100,000 | 1,495,500,000 | 2,379,900,000 | 1,532,100,000 | 1,866,400,000 | 1,741,100,000 | |||||||||||||||||||||||||||||||
working capital ratio | 2,540,000 | 3,060,000 | 2,160,000 | 3,760,000 | 3,580,000 | 2,960,000 | 2,710,000 | 2,880,000 | 3,020,000 | 2,610,000 | 3,070,000 | 3,710,000 | 4,130,000 | 3,900,000 | 3,960,000 | 3,850,000 | 2,910,000 | 3,220,000 | 3,270,000 | 3,390,000 | 4,820,000 | 4,870,000 | 4,280,000 | 4,260,000 | 3,950,000 | 2,150,000 | 4,430,000 | 2,750,000 | 2,980,000 | 2,880,000 | |||||||||||||||||||||||||||||||
total debt and credit facilities | 2,671,600,000 | 2,488,000,000 | 1,837,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interest | 15,000,000 | 14,700,000 | 14,100,000 | 20,000,000 | 20,100,000 | 20,500,000 | 20,500,000 | 20,600,000 | 21,500,000 | 35,400,000 | 35,700,000 | 35,600,000 | 36,600,000 | 40,200,000 | 40,500,000 | 42,500,000 | 43,900,000 | 46,300,000 | 46,700,000 | 48,000,000 | 48,800,000 | 75,200,000 | 75,500,000 | 71,700,000 | 77,300,000 | 74,500,000 | 304,800,000 | 304,800,000 | |||||||||||||||||||||||||||||||||
total debt | 1,836,800,000 | 1,891,200,000 | 1,870,600,000 | 1,735,000,000 | 1,734,400,000 | 1,733,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating segments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fort knox | 35,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
round mountain | 58,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bald mountain | 57,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
paracatu | 34,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maricunga | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
kupol | 8,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tasiast | 75,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
chirano | 2,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-operating segment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
corporate and other | 4,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total | 276,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in joint ventures | 18,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized fair value of derivative liabilities | 3,400,000 | 39,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(a) includes long-term debt and provisions. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(b) calculated as current assets less current liabilities. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(c) calculated as current assets divided by current liabilities. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(a) includes long-term debt, provisions, and unrealized fair value of derivative liabilities. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shareholders’ equity | 4,843,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and short-term investments | 738,700,000 | 704,000,000 | 1,340,300,000 | 1,874,600,000 | 1,466,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(a) includes long-term debt, provisions, unrealized fair value of derivative liabilities, and other long-term liabilities. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(b) current assets divided by current liabilities. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in associates and working interest | 477,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges and other long-term assets | 224,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current tax payable | 121,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of unrealized fair value of derivative liabilities | 369,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common share capital and common share purchase warrants | 14,614,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 159,800,000 | 66,830,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity | 13,400,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 32,795,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses | 2,298,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges | 490,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mineral properties and related expenditures | 429,052,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bank loan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes payable | 929,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations | 11,492,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
future income tax liability | 55,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 2,073,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 1,008,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share capital | 758,243,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges and other assets | 8,500,000 | 8,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
site restoration cost accruals | 45,600,000 | 45,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
future income and mining taxes | 3,300,000 | 3,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue | 5,800,000 | 5,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt component of convertible debentures | 22,800,000 | 22,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable retractable preferred shares | 2,400,000 | 2,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred shares of subsidiary company | 12,600,000 | 12,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity component of convertible debentures | 130,400,000 | 130,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deficit | -746,700,000 | -746,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative translation adjustments | -24,900,000 | -24,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted bullion inventory | 5,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long — term investments | 11,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of site restoration cost accruals | 7,800,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-05-06 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-05-07 | 2024-03-31 | 2023-09-30 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-05-07 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2011-05-04 | 2011-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net inflow (outflow) of cash related to the following activities: | |||||||||||||||||||||||||||||||||||||||||
operating: | |||||||||||||||||||||||||||||||||||||||||
net earnings | 50,500,000 | 169,200,000 | 389,400,000 | 389,400,000 | 603,700,000 | 181,400,000 | 102,300,000 | 106,600,000 | 106,600,000 | -164,300,000 | 6,500,000 | 64,600,000 | 64,600,000 | 297,200,000 | 297,200,000 | ||||||||||||||||||||||||||
adjustments to reconcile net earnings to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
depreciation, depletion and amortization | 22,500,000 | -25,500,000 | 288,400,000 | 288,400,000 | 851,300,000 | 400,000 | 25,100,000 | 270,700,000 | 270,700,000 | 24,600,000 | -17,000,000 | 15,800,000 | 164,100,000 | 164,100,000 | 145,700,000 | 145,700,000 | |||||||||||||||||||||||||
impairment reversal | |||||||||||||||||||||||||||||||||||||||||
share-based compensation expense | 200,000 | -1,400,000 | 4,600,000 | 4,600,000 | 7,700,000 | -1,500,000 | 900,000 | 200,000 | -1,600,000 | 4,600,000 | 4,600,000 | 8,200,000 | 8,200,000 | ||||||||||||||||||||||||||||
finance expense | -2,200,000 | -2,300,000 | 35,200,000 | 35,200,000 | 67,900,000 | 1,700,000 | 300,000 | 21,500,000 | 21,500,000 | -100,000 | -600,000 | -1,400,000 | 27,500,000 | 27,500,000 | |||||||||||||||||||||||||||
deferred tax expense | 3,500,000 | 3,500,000 | 90,600,000 | 8,600,000 | 8,600,000 | 64,400,000 | 8,400,000 | 8,400,000 | |||||||||||||||||||||||||||||||||
gain on sale of asante gold corporation holdings | |||||||||||||||||||||||||||||||||||||||||
foreign exchange (gains) losses and other | -15,000,000 | -15,000,000 | |||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||
accounts receivable and other assets | -55,200,000 | 100,000 | 7,100,000 | 7,100,000 | 36,600,000 | -65,900,000 | 30,700,000 | 10,300,000 | 10,300,000 | -63,200,000 | 14,100,000 | -54,900,000 | 14,600,000 | 14,600,000 | -39,900,000 | ||||||||||||||||||||||||||
inventories | -28,800,000 | 47,300,000 | -38,400,000 | -38,400,000 | 25,800,000 | -14,000,000 | -3,400,000 | 5,900,000 | 5,900,000 | 29,800,000 | -2,400,000 | -24,800,000 | 37,400,000 | 37,400,000 | -16,000,000 | ||||||||||||||||||||||||||
accounts payable, accrued liabilities and other | 60,700,000 | ||||||||||||||||||||||||||||||||||||||||
cash flow provided from operating activities | -21,000,000 | 327,000,000 | 775,400,000 | 775,400,000 | 1,871,900,000 | 96,000,000 | 203,500,000 | 453,200,000 | 453,200,000 | -128,100,000 | -135,000,000 | 48,000,000 | 268,600,000 | 268,600,000 | 405,700,000 | 405,700,000 | |||||||||||||||||||||||||
income taxes paid | 52,700,000 | 68,300,000 | -178,300,000 | -178,300,000 | -159,000,000 | 33,500,000 | 26,100,000 | -78,800,000 | -78,800,000 | 6,300,000 | 16,700,000 | -17,000,000 | -17,000,000 | -70,600,000 | |||||||||||||||||||||||||||
net cash flow provided from operating activities | 31,700,000 | 395,300,000 | 597,100,000 | 597,100,000 | 1,712,900,000 | 129,500,000 | 229,600,000 | 374,400,000 | 374,400,000 | -118,300,000 | 81,400,000 | 251,600,000 | 251,600,000 | 335,100,000 | 335,100,000 | ||||||||||||||||||||||||||
investing: | |||||||||||||||||||||||||||||||||||||||||
additions to property, plant and equipment | -6,100,000 | -98,400,000 | -207,700,000 | -207,700,000 | -796,800,000 | -4,500,000 | -32,300,000 | -241,900,000 | -241,900,000 | -2,000,000 | -25,600,000 | -11,900,000 | -264,800,000 | -264,800,000 | -255,900,000 | ||||||||||||||||||||||||||
interest paid capitalized to property, plant and equipment | -13,500,000 | -13,500,000 | -59,600,000 | -16,000,000 | 17,900,000 | -34,900,000 | -34,900,000 | -34,500,000 | -7,000,000 | ||||||||||||||||||||||||||||||||
proceeds from long-term investments and other assets | |||||||||||||||||||||||||||||||||||||||||
additions to long-term investments and other assets | |||||||||||||||||||||||||||||||||||||||||
increase in restricted cash - net | -700,000 | 900,000 | -1,700,000 | -1,700,000 | 900,000 | -500,000 | -500,000 | ||||||||||||||||||||||||||||||||||
interest received and other - net | 2,100,000 | 4,800,000 | 4,200,000 | 4,200,000 | 11,000,000 | 2,200,000 | -100,000 | 3,900,000 | 3,900,000 | 2,400,000 | -2,400,000 | ||||||||||||||||||||||||||||||
net cash flow of continuing operations used in investing activities | -871,500,000 | -16,100,000 | -25,800,000 | -276,500,000 | -276,500,000 | -28,600,000 | |||||||||||||||||||||||||||||||||||
net cash flow of discontinued operations provided from investing activities | |||||||||||||||||||||||||||||||||||||||||
financing: | |||||||||||||||||||||||||||||||||||||||||
repayment of debt | -200,000,000 | -200,000,000 | -450,000,000 | -150,000,000 | -330,000,000 | -55,000,000 | -25,000,000 | -25,000,000 | -105,200,000 | ||||||||||||||||||||||||||||||||
interest paid | -24,000,000 | -24,000,000 | -18,500,000 | -18,500,000 | -18,500,000 | -24,200,000 | -16,700,000 | 26,200,000 | -27,300,000 | -27,300,000 | -4,600,000 | ||||||||||||||||||||||||||||||
payment of lease liabilities | -500,000 | 0 | -1,500,000 | -1,500,000 | -8,800,000 | 100,000 | 0 | -3,400,000 | -3,400,000 | 1,200,000 | -500,000 | ||||||||||||||||||||||||||||||
funding from non-controlling interest | 27,200,000 | -7,600,000 | -3,800,000 | 15,500,000 | 15,500,000 | ||||||||||||||||||||||||||||||||||||
distributions paid to non-controlling interest | -3,000,000 | -6,000,000 | -24,000,000 | -24,000,000 | |||||||||||||||||||||||||||||||||||||
dividends paid to common shareholders | 300,000 | 200,000 | -36,900,000 | -36,900,000 | -110,600,000 | -100,000 | 100,000 | -36,900,000 | -36,900,000 | 100,000 | 100,000 | -56,800,000 | |||||||||||||||||||||||||||||
repurchase and cancellation of shares | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||
other - net | -1,600,000 | 300,000 | 300,000 | 9,200,000 | -5,300,000 | ||||||||||||||||||||||||||||||||||||
net cash flow used in financing activities | -29,200,000 | 48,100,000 | -286,400,000 | -286,400,000 | -583,300,000 | -194,100,000 | |||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 0 | 300,000 | 200,000 | 200,000 | -1,800,000 | 400,000 | 300,000 | -400,000 | -400,000 | 2,500,000 | -4,300,000 | 4,400,000 | -1,400,000 | 14,500,000 | -9,600,000 | -3,000,000 | -400,000 | 1,700,000 | 1,700,000 | -6,800,000 | 5,600,000 | -4,300,000 | -400,000 | 1,700,000 | -4,800,000 | 700,000 | 1,900,000 | ||||||||||||||
increase in cash and cash equivalents | 143,300,000 | 358,800,000 | 83,100,000 | 83,100,000 | 266,300,000 | -80,300,000 | 18,600,000 | 54,500,000 | 54,500,000 | -20,900,000 | 92,700,000 | 56,700,000 | 291,000,000 | -225,700,000 | -154,800,000 | -175,000,000 | 563,500,000 | -185,900,000 | 10,600,000 | 57,900,000 | 57,900,000 | -228,200,000 | -369,400,000 | 268,000,000 | -429,600,000 | 511,300,000 | -293,500,000 | 67,000,000 | -27,500,000 | -6,100,000 | 27,000,000 | 1,050,000,000 | 62,500,000 | 94,200,000 | 94,200,000 | ||||||
cash and cash equivalents, beginning of period | 441,900,000 | 83,100,000 | 611,500,000 | 611,500,000 | -127,600,000 | 73,100,000 | 54,500,000 | 352,400,000 | 352,400,000 | 7,400,000 | 264,900,000 | -77,300,000 | 531,500,000 | 535,300,000 | -380,500,000 | -154,800,000 | 1,210,900,000 | 563,500,000 | 575,100,000 | 68,500,000 | 57,900,000 | 349,000,000 | 349,000,000 | 107,100,000 | -79,200,000 | -27,900,000 | 1,025,800,000 | -234,300,000 | 217,800,000 | -293,500,000 | 1,043,900,000 | -47,900,000 | 20,900,000 | 27,000,000 | 983,500,000 | -1,636,900,000 | 34,700,000 | -30,500,000 | 734,500,000 | 1,466,600,000 | 1,466,600,000 |
cash and cash equivalents, end of period | 585,200,000 | 441,900,000 | 694,600,000 | 694,600,000 | 138,700,000 | -7,200,000 | 73,100,000 | 406,900,000 | 406,900,000 | -13,500,000 | -230,700,000 | 264,900,000 | 454,200,000 | -54,600,000 | -89,500,000 | -380,500,000 | 1,056,100,000 | 388,500,000 | 1,138,600,000 | -117,400,000 | 68,500,000 | 406,900,000 | 406,900,000 | -121,100,000 | -448,600,000 | -79,200,000 | 997,900,000 | 33,700,000 | -211,800,000 | 217,800,000 | 750,400,000 | 19,100,000 | -6,600,000 | 20,900,000 | 1,010,500,000 | -586,900,000 | 97,200,000 | 34,700,000 | 704,000,000 | 1,560,800,000 | 1,560,800,000 |
deferred tax (recovery) expense | 11,100,000 | -37,200,000 | -37,200,000 | ||||||||||||||||||||||||||||||||||||||
foreign exchange losses (gains) and other | |||||||||||||||||||||||||||||||||||||||||
net additions to long-term investments and other assets | -5,700,000 | -9,100,000 | -9,100,000 | 500,000 | -6,400,000 | -6,400,000 | |||||||||||||||||||||||||||||||||||
net cash flow used in investing activities | -84,900,000 | -227,800,000 | -227,800,000 | -32,200,000 | 19,600,000 | -300,000,000 | -300,000,000 | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net earnings to net cash provided from operating activities: | |||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 100,600,000 | 100,600,000 | 249,400,000 | 9,200,000 | 100,100,000 | 12,100,000 | 12,100,000 | -106,200,000 | 26,600,000 | 70,800,000 | -14,200,000 | -14,200,000 | |||||||||||||||||||||||||||||
impairment (reversal) charge | |||||||||||||||||||||||||||||||||||||||||
foreign exchange gains and other | -2,900,000 | ||||||||||||||||||||||||||||||||||||||||
reclamation expense | |||||||||||||||||||||||||||||||||||||||||
net (additions) disposals to long-term investments and other assets | -27,000,000 | 4,300,000 | -12,600,000 | -3,100,000 | -3,100,000 | 7,900,000 | |||||||||||||||||||||||||||||||||||
proceeds from issuance or drawdown of debt | |||||||||||||||||||||||||||||||||||||||||
reversal of impairment charge | |||||||||||||||||||||||||||||||||||||||||
foreign exchange losses and other | 17,500,000 | 17,500,000 | -2,700,000 | -5,300,000 | 7,200,000 | 7,200,000 | |||||||||||||||||||||||||||||||||||
reclamation recovery | |||||||||||||||||||||||||||||||||||||||||
distributions to non-controlling interest | |||||||||||||||||||||||||||||||||||||||||
(increase) decrease in restricted cash - net | |||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash - net | 1,200,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from drawdown of debt | |||||||||||||||||||||||||||||||||||||||||
net cash flow (used in) provided from financing activities | -43,000,000 | -43,000,000 | 445,800,000 | ||||||||||||||||||||||||||||||||||||||
earnings from continuing operations after tax | -42,000,000 | ||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net earnings from continuing operations to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
reclamation (recovery) expense | |||||||||||||||||||||||||||||||||||||||||
net cash flow of continuing operations provided from operating activities | -121,800,000 | ||||||||||||||||||||||||||||||||||||||||
net cash flow of discontinued operation provided from (used in) operating activities | |||||||||||||||||||||||||||||||||||||||||
acquisitions net of cash acquired | |||||||||||||||||||||||||||||||||||||||||
net cash flow of continuing operations (used in) provided from financing activities | 171,400,000 | ||||||||||||||||||||||||||||||||||||||||
net cash flow of discontinued operations provided from financing activities | |||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents of continuing operations | -1,900,000 | -600,000 | -6,200,000 | 4,000,000 | -3,500,000 | 8,400,000 | -6,800,000 | ||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents of discontinued operations | -6,000,000 | 9,600,000 | -3,900,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents of assets held for sale, beginning of period | -115,500,000 | ||||||||||||||||||||||||||||||||||||||||
net cash flow of discontinued operations (used in) provided from operating activities | |||||||||||||||||||||||||||||||||||||||||
decrease (increase) in restricted cash - net | |||||||||||||||||||||||||||||||||||||||||
reclassified to assets held for sale | 115,500,000 | -134,000,000 | |||||||||||||||||||||||||||||||||||||||
cash flow: | |||||||||||||||||||||||||||||||||||||||||
of continuing operations provided from operating activities | -83,900,000 | 151,900,000 | 105,200,000 | 599,500,000 | 64,900,000 | -82,900,000 | 250,100,000 | -243,000,000 | 210,500,000 | ||||||||||||||||||||||||||||||||
of discontinued operations | 47,600,000 | -2,400,000 | |||||||||||||||||||||||||||||||||||||||
of continuing operations used in investing activities | -55,500,000 | 988,300,000 | -1,159,300,000 | -475,600,000 | -13,700,000 | 26,300,000 | -169,600,000 | 545,600,000 | |||||||||||||||||||||||||||||||||
of discontinued operations provided from | -226,600,000 | ||||||||||||||||||||||||||||||||||||||||
of continuing operations | -73,600,000 | ||||||||||||||||||||||||||||||||||||||||
of discontinued operations used in financing activities | |||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -27,900,000 | -30,500,000 | |||||||||||||||||||||||||||||||||||||||
of discontinued operations provided from operating activities | 91,400,000 | ||||||||||||||||||||||||||||||||||||||||
of discontinued operations used in investing activities | -11,200,000 | ||||||||||||||||||||||||||||||||||||||||
of continuing operations provided from | 1,034,500,000 | ||||||||||||||||||||||||||||||||||||||||
provided from operating activities | 279,800,000 | 133,200,000 | 299,600,000 | -109,000,000 | 293,500,000 | 753,900,000 | -49,700,000 | 101,400,000 | 214,500,000 | ||||||||||||||||||||||||||||||||
used in investing activities | -368,800,000 | 96,600,000 | -339,600,000 | -291,400,000 | -453,400,000 | -89,000,000 | 657,900,000 | -756,000,000 | |||||||||||||||||||||||||||||||||
used in financing activities | -29,600,000 | -34,200,000 | |||||||||||||||||||||||||||||||||||||||
acquisitions | |||||||||||||||||||||||||||||||||||||||||
net (additions to) proceeds from the sale of long-term investments and other assets | |||||||||||||||||||||||||||||||||||||||||
net proceeds from the sale of property, plant and equipment | 200,000 | 300,000 | 900,000 | 900,000 | 200,000 | 200,000 | |||||||||||||||||||||||||||||||||||
(decrease) increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||
(used in) provided from financing activities | -64,400,000 | ||||||||||||||||||||||||||||||||||||||||
provided from financing activities | -419,300,000 | 613,100,000 | |||||||||||||||||||||||||||||||||||||||
equity in losses of joint ventures | |||||||||||||||||||||||||||||||||||||||||
income taxes recovered | |||||||||||||||||||||||||||||||||||||||||
acquisition of la coipa phase 7 mining concessions | |||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash | |||||||||||||||||||||||||||||||||||||||||
interest received and other | 300,000 | 900,000 | 900,000 | ||||||||||||||||||||||||||||||||||||||
net proceeds from issuance/drawdown of debt | -60,000,000 | 160,000,000 | 160,000,000 | ||||||||||||||||||||||||||||||||||||||
other | -600,000 | 200,000 | 200,000 | -300,000 | |||||||||||||||||||||||||||||||||||||
net cash flow provided from financing activities | -90,000,000 | 104,600,000 | 104,600,000 | ||||||||||||||||||||||||||||||||||||||
settlement of deferred payment obligation and acquisition | -30,000,000 | -30,000,000 | |||||||||||||||||||||||||||||||||||||||
increase in restricted cash | -600,000 | -600,000 | |||||||||||||||||||||||||||||||||||||||
payment of finance lease liabilities | -3,300,000 | -3,300,000 | |||||||||||||||||||||||||||||||||||||||
cash flow | |||||||||||||||||||||||||||||||||||||||||
gain on disposition of associate and other interests - net | |||||||||||||||||||||||||||||||||||||||||
reversal of impairment charges | |||||||||||||||||||||||||||||||||||||||||
equity in losses of joint ventures and associate | |||||||||||||||||||||||||||||||||||||||||
acquisition | |||||||||||||||||||||||||||||||||||||||||
net proceeds from disposition of associate and other interests | |||||||||||||||||||||||||||||||||||||||||
issuance of common shares on exercise of options | |||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of debt | |||||||||||||||||||||||||||||||||||||||||
dividend paid to non-controlling interest | |||||||||||||||||||||||||||||||||||||||||
provided from (used in) investing activities | |||||||||||||||||||||||||||||||||||||||||
(a) "nm" means not meaningful. | |||||||||||||||||||||||||||||||||||||||||
provided from (used in) financing activities | -248,700,000 | 246,100,000 | |||||||||||||||||||||||||||||||||||||||
of continuing operations used in financing activities | -55,700,000 | -72,500,000 | 47,500,000 | -51,000,000 | 569,300,000 | -35,100,000 | |||||||||||||||||||||||||||||||||||
(a) on june 10, 2013, the company announced its decision to cease development of fdn. as a result, fdn was classified as a discontinued operation. on december 17, 2014, the company sold its interest in fdn. | |||||||||||||||||||||||||||||||||||||||||
of discontinued operation | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||
(b) "nm" means not meaningful. | |||||||||||||||||||||||||||||||||||||||||
net earnings from continuing operations | |||||||||||||||||||||||||||||||||||||||||
losses on sale of other assets - net | |||||||||||||||||||||||||||||||||||||||||
impairment charges | |||||||||||||||||||||||||||||||||||||||||
impairment of investments | |||||||||||||||||||||||||||||||||||||||||
equity in losses of associate and joint venture | |||||||||||||||||||||||||||||||||||||||||
non-hedge derivative losses - net | |||||||||||||||||||||||||||||||||||||||||
settlement of derivative instruments | -10,300,000 | ||||||||||||||||||||||||||||||||||||||||
accretion expense | 12,600,000 | 12,600,000 | |||||||||||||||||||||||||||||||||||||||
deferred tax recovery | |||||||||||||||||||||||||||||||||||||||||
net cash flow of discontinued operations used in operating activities | |||||||||||||||||||||||||||||||||||||||||
disposals of short-term investments | |||||||||||||||||||||||||||||||||||||||||
interest received | 1,400,000 | 1,400,000 | |||||||||||||||||||||||||||||||||||||||
net cash flow of discontinued operations used in investing activities | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt | 93,000,000 | 93,000,000 | |||||||||||||||||||||||||||||||||||||||
net cash flow of continuing operations used in financing activities | |||||||||||||||||||||||||||||||||||||||||
net cash flow of discontinued operations used in financing activities | |||||||||||||||||||||||||||||||||||||||||
of continuing operations provided from (used in) investing activities | -196,700,000 | ||||||||||||||||||||||||||||||||||||||||
(a) on june 10, 2013, the company announced its decision to cease development of fdn. as a result, the comparative figures have been recast to exclude the results of fdn. | |||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash of and cash equivalents of continuing operations | |||||||||||||||||||||||||||||||||||||||||
(a)the comparative figures have been recast to exclude crixás results due to its disposal. | |||||||||||||||||||||||||||||||||||||||||
provided from (used) in investing activities | |||||||||||||||||||||||||||||||||||||||||
provided from (used) in financing activities | |||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | 5,000,000 | 5,000,000 | |||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net earnings to net cash provided from (used in) operating activities: | |||||||||||||||||||||||||||||||||||||||||
(gain) loss on acquisition/disposition of assets and investments - net | |||||||||||||||||||||||||||||||||||||||||
equity in (gains) losses of associates | |||||||||||||||||||||||||||||||||||||||||
non-hedge derivative gains - net | -41,000,000 | ||||||||||||||||||||||||||||||||||||||||
business acquisitions - net of cash acquired | |||||||||||||||||||||||||||||||||||||||||
net proceeds from the sale of long-term investments and other assets | 101,100,000 | 101,100,000 | |||||||||||||||||||||||||||||||||||||||
disposals (additions) to short-term investments | |||||||||||||||||||||||||||||||||||||||||
decrease (increase) in restricted cash | |||||||||||||||||||||||||||||||||||||||||
cash flow used in investing activities | |||||||||||||||||||||||||||||||||||||||||
issuance of common shares on exercise of options and warrants | 8,900,000 | 8,900,000 | |||||||||||||||||||||||||||||||||||||||
dividends paid to non-controlling shareholder | |||||||||||||||||||||||||||||||||||||||||
cash flow provided from (used in) financing activities | |||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net earnings to net cash from | |||||||||||||||||||||||||||||||||||||||||
operating activities: | |||||||||||||||||||||||||||||||||||||||||
gain on acquisition/disposition of assets and investments - net | -30,800,000 | ||||||||||||||||||||||||||||||||||||||||
equity in losses of associates | 200,000 | 200,000 | |||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities, excluding interest and taxes | 64,000,000 | ||||||||||||||||||||||||||||||||||||||||
disposals (additions) to long-term investments and other assets | -11,700,000 | ||||||||||||||||||||||||||||||||||||||||
cash flow provided from investing activities | -165,200,000 | ||||||||||||||||||||||||||||||||||||||||
cash flow used in financing activities | -80,700,000 | ||||||||||||||||||||||||||||||||||||||||
short-term investments | |||||||||||||||||||||||||||||||||||||||||
cash flows from (used in) operating activities | |||||||||||||||||||||||||||||||||||||||||
net income | |||||||||||||||||||||||||||||||||||||||||
items not affecting cash | |||||||||||||||||||||||||||||||||||||||||
amortization and depreciation | |||||||||||||||||||||||||||||||||||||||||
accretion | |||||||||||||||||||||||||||||||||||||||||
deferred charges | |||||||||||||||||||||||||||||||||||||||||
foreign exchange gain | |||||||||||||||||||||||||||||||||||||||||
future income taxes | |||||||||||||||||||||||||||||||||||||||||
gain on sale of marketable securities | |||||||||||||||||||||||||||||||||||||||||
minority interest | |||||||||||||||||||||||||||||||||||||||||
stock based compensation | |||||||||||||||||||||||||||||||||||||||||
write off of exploration costs | |||||||||||||||||||||||||||||||||||||||||
net changes in non-cash working capital items | |||||||||||||||||||||||||||||||||||||||||
accounts receivable and prepaid expenses | |||||||||||||||||||||||||||||||||||||||||
cash flows from (used in) investing activities | |||||||||||||||||||||||||||||||||||||||||
mineral properties and related expenditures | |||||||||||||||||||||||||||||||||||||||||
purchase of property, plant and equipment | |||||||||||||||||||||||||||||||||||||||||
purchase of marketable securities | |||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of marketable securities | |||||||||||||||||||||||||||||||||||||||||
cash flows from (used in) financing activities | |||||||||||||||||||||||||||||||||||||||||
common shares issued, net of cash issue costs | |||||||||||||||||||||||||||||||||||||||||
debt issue | |||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on translation of cash denominated in a currency other than the us dollar | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of the year | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of the year |
