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Unformatted text preview: ixás’ results due to its disposal on June 28, 2012. 4 Reported net loss includes an after-tax non-cash impairment charge of $3,206.1 million in 2012 (2011: $2,937.6 million; 2010: $Nil;
2009: $Nil; 2008: $994.1 million). 5 Figures reported for 2008 and 2009 have not been restated to conform with International Financial Reporting Standards and are
presented in accordance with Canadian generally accepted accounting principles. TOP5O “Attributable” includes Kinross’ share of Kupol (75% up to April 27, 2011, 100% thereafter) and Chirano (90%) production. Socially Responsible
Corporations • 2012 designed and produced by smith + associates
Please recycle. 4,311 $ REVENUE (MILLIONS) 2.6 MILLION GOLD OUNCES
PRODUCED (ATTRIBUTABLE) 1 $ 1,527 ADJUSTED OPERATING
CASH FLOW (MILLIONS) 2 We are focused strongly on maximizing margins
and free cash flow from our balanced global portfolio
of mines, and on a disciplined and prudent approach
to capital allocation and project development. PRODUCTION 1, 3 (million gold equivalent
ounces) (attributable) $ 879 2011 2012 $ 461 $ 851 2010 $ 706 2012 $ 592 2011 $ 506 2.6 2010 2.5 2.3 Our operations delivered solid performance in 2012.
We exceeded guidance on gold production, met
guidance on operating costs, and were below
guidance on capital expenditures. 2011 2012 2010 PRODUCTION
COST OF SALES 2, 3 ADJUSTED
NET EARNINGS 2, 3 ($ per ounce) ($ millions) OUR OPERATIONS AND PROJECTS
A balanced portfolio of nine mines
in four regions around the globe. RUSSIA
OPERATING MINES WEST AFRICA
OUNCES) GROWTH PROJECTS
TORONTO, CANADA i KINROSS GOLD 2012 ANNUAL REPORT J. Paul Rollinson,
Chief Executive Officer LETTER TO SHAREHOLDERS
I am pleased to have this opportunity to share my perspective on the past year,
and my vision for Kinross going forward, in my first annual letter to share...
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This document was uploaded on 03/30/2014.
- Spring '14