4 22 28287 nm 7353 a total includes 100

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Unformatted text preview: 5.3 $ (a) Total includes 100% of Kupol and Chirano production. "Attributable" includes Kinross' share of Kupol (75% up to April 27, 2011, 100% thereafter) and Chirano (90%) production. (b) Gold equivalent ounces include silver ounces produced and sold converted to a gold equivalent based on a ratio of the average spot market prices for the commodities for each year. The ratios were: 2012 - 53.56:1, 2011 - 44.65:1, and 2010 - 60.87:1. (c) The comparative figures have been recast to exclude Crixás' results due to its disposal on June 28, 2012. (d) The total gold equivalent ounces and total attributable gold equivalent ounces include Crixás up to June 28, 2012. (e) "nm" means not meaningful. MDA18 KINROSS GOLD 2012 ANNUAL REPORT Operating Earnings (Loss) by Segment Years ended December 31, (in millions) Operating segments (c) Fort Knox Round Mountain Kettle River-Buckhorn Kupol Paracatu La Coipa Maricunga Tasiast (a) Chirano (a) Non-operating segments Fruta del Norte Corporate and Other (b) Total Discontinued operation Crixás 2012 $ 2011 260.9 $ 1 89.1 $ 151.2 1 35.6 90.2 1 15.1 495.5 3 79.8 284.2 3 16.1 67.8 6 7.9 178.9 2 39.2 (3,466.8) (2,420.0) (8.3) (316.6) (6.9) (4.1) (293.3) (277.6) $ (2,246.6) $ (1,575.5) $ $ 16.6 $ 3 3.0 2012 vs 2011 2010 $ 2011 vs 2010 % Change Change Change % Change (d) 178.4 $ 7 1.8 91.7 1 5.6 79.6 (24.9) 386.8 1 15.7 271.1 (31.9) 67.1 (0.1) 54.7 (60.3) (14.5) (1,046.8) 16.1 3 08.3 38% $ 10.7 12% 43.9 (22%) 35.5 30% (7.0) (10%) 45.0 (0%) 0.8 (25%) 184.5 (43%) (2,405.5) 97% (332.7) 6% 48% 45% (2%) 17% 1% nm nm nm (293.4) (227.4) 610.2 $ (68%) 289.3 (6%) (50.2) (43%) $ (2,185.7) 99% (22%) nm (50%) $ (15%) 38.7 $ (2.8) (15.7) (671.1) (16.4) (5.7) (a) The Tasiast and Chirano mines were acquired with the acquisition of Red Back on September 17, 2010. (b) "Corporate and Other" includes operating costs which are not directly related to individual mining properties such as general and administrative expenditures, gains and losses on disposal of assets and investments, and other costs relating to non-operating assets (Lobo-Marte and White Gold). (c) Crixás' results for t...
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This document was uploaded on 03/30/2014.

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