2 14750 638 development and operating properties pre

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Unformatted text preview: mber 31, 2012 A ccumulated depreciation, depletion, amortization and impairment Balance at January 1, 2012 Depreciation, depletion and amortization 4,234.2 1,475.0 63.8 Development and operating properties Pre-development properties $ $ (86.5) 35.8 5,722.3 $ Impairment charge (d) 7,389.7 560.8 35.9 (104.6) (38.9) 7,842.9 (1,518.1) $ (338.8) 170.0 7.6 - Total $ 177.6 (1,316.4) $ (401.9) - 11,793.9 2,035.8 7.6 99.7 (191.1) (3.1) 13,742.8 $ (2,834.5) (740.7) (82.5) (1,203.5) - (1,286.0) 45.0 (4.3) (1,898.7) Disposals (c) Other Balance at December 31, 2012 50.5 6.0 (2,865.3) - 95.5 1.7 (4,764.0) Net book value $ 3,823.6 $ 4,977.6 $ A mount included above as at December 31, 2012: Assets under construction Net book value of finance leases $ $ 1,024.4 15.1 $ $ 426.1 - $ $ Assets not being depreciated (a) $ 1,155.6 $ 2,609.0 $ 177.6 177.6 $ 8,978.8 $ $ 1,450.5 15.1 $ 3,942.2 (a) (b) At December 31, 2012, the significant development and operating properties include Fort Knox, Round Mountain, Paracatu, La Coipa, Maricunga, Kupol, Kettle River-Buckhorn, Tasiast, Chirano, Fruta del Norte, and Lobo-Marte. Included in pre-development properties are White Gold and other exploration properties. (c) In 2012, the Company disposed of its interest in Crixás (see Note 6(i)) and certain other assets. (d) FS28 Assets not being depreciated relate to land, capitalized exploration and evaluation costs, assets under construction, which are the construction of expansion projects, and other assets that are in various stages of being readied for use. In 2012, an impairment charge was recorded against property, plant and equipment at Tasiast. See Note 8. KINROSS GOLD 2012 ANNUAL REPORT L and, plant and equipment Cost Balance at January 1, 2011 Additions Acquisitions Capitalized interest Disposals Transfers Other Balance at December 31, 2011 A ccumulated depreciation, depletion, amortization and impairment Balance at January 1, 2011 M ineral Interests(b) Development and operating Pre-development properties properties $ 3,236.3 $ 1,052.3 7.3 (64.2) 2.5 4,234.2 $ (1,315.2) $ Depr...
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This document was uploaded on 03/30/2014.

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