3 6 06 19920 a net of tax of 20 million 2011

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: $(2.0) million (2011 - $(4.2) million) (b) Net of tax of $nil (2011 - $nil) (c) Net of tax of $6.7 million (2011 - $(16.2) million) (d) Net of tax of $7.7 million (2011 - $(13.8) million) The accompanying notes are an integral part of these consolidated financial statements KINROSS GOLD 2012 ANNUAL REPORT FS5 CONSOLIDATED STATEMENTS OF CASH FLOWS (expressed in millions of United States dollars) Years ended December 31, December 31, 2012 2011 Net inflow (outflow) of cash related to the following activities: Note 6(i) Operating: Loss from continuing operations $ Adjustments to reconcile net earnings from continuing operations to net cash provided from (used in) operating activities: Depreciation, depletion and amortization Gains on acquisition/disposition of assets and investments - net Equity in losses of associate Non-hedge derivative gains - net Settlement of derivative instruments Share-based compensation expense Accretion expense Deferred tax (recovery) expense Foreign exchange (gains) losses and other Reclamation expense Impairment charges Changes in operating assets and liabilities: Accounts receivable and other assets Inventories Accounts payable and accrued liabilities Cash flow provided from operating activities (2,553.6) $ (2,032.8) 681.2 (7.1) 6.5 (18.0) 52.9 38.0 24.9 (220.7) 33.2 10.8 3,527.6 5 64.1 (24.8) 2 .3 (59.1) (48.7) 3 6.5 5 4.2 1 05.1 (37.0) 1 5.7 2 ,937.6 (20.4) (297.0) 463.9 (119.3) (231.1) 5 99.0 1,722.2 Income taxes paid Net cash flow of continuing operations provided from operating activities 1 ,761.7 (419.3) (382.9) 1,302.9 Net cash flow of discontinued operations provided from (used in) operating activities 1 ,378.8 (47.6) 3 8.1 Investing: Additions to property, plant and equipment Net proceeds from the sale of long-term investments and other assets (1,924.7) (1,629.2) 11.8 1 01.4 Additions to long-term investments and other assets (106.3) (213.4) Net proceeds from the sale of property, plant and equipment Additions to short-term investments Note received from Harry Winston 2.6 (348.5) - 1 .9 (1.3) 7 0.0 (2.0) 4.9 0.3 (54.0) 7 .3 (3.2) (2,361.9) (1,720...
View Full Document

This document was uploaded on 03/30/2014.

Ask a homework question - tutors are online