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Unformatted text preview: eciation, depletion and amortization Disposals Other Balance at December 31, 2011 (257.9) 55.3 (0.3) (1,518.1) 6,426.5 $ 586.6 19.2 (8.7) 369.6 (3.5) 7,389.7 (990.5) $ (330.3) 10.5 (6.1) (1,316.4) Total 527.5 $ 11.9 3.8 (0.4) (369.6) (3.2) 170.0 - $ - 10,190.3 1,650.8 3.8 26.5 (73.3) (4.2) 11,793.9 (2,305.7) (588.2) 65.8 (6.4) (2,834.5) Net book value $ 2,716.1 $ 6,073.3 $ 170.0 $ 8,959.4 A mount included above as at December 31, 2011: Assets under construction Net book value of finance leases Assets not being depreciated (a) $ $ $ 1,012.6 12.8 1,118.6 $ $ $ 549.7 2,379.6 $ $ $ 170.0 $ $ $ 1,562.3 12.8 3,668.2 (a) 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. (b) At December 31, 2011, the significant development and operating properties included Fort Knox, Round Mountain, Paracatu, La Coipa, Maricunga, Crixás, Kupol, Dvoinoye, Kettle River-Buckhorn, Tasiast, Chirano, Fruta del Norte, and Lobo-Marte. Included in pre-development properties is White Gold. Dvoinoye was transferred from pre-development properties to development and operating properties upon the declaration of proven and probable reserves as at the end of 2011. Land, plant and equipment with a carrying amount of $197.4 million (December 31, 2011 - $231.3 million) are pledged as security as part of the Kupol loan. See Note 13(iv). Capitalized interest relates to capital expenditures at Fort Knox, Kettle River-Buckhorn, Round Mountain, Maricunga, La Coipa, Lobo-Marte, Fruta del Norte, Paracatu, Kupol, Chirano and Tasiast and had a weighted average borrowing rate of 5.70% and 7.50% during the years ended December 31, 2012 and 2011, respectively. At December 31, 2012, $951.7 million of exploration and evaluation (“E&E”) assets were included in mineral interests (December 31, 2011 - $923.9 million). During the year ended December 31, 2012...
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