A summary of common share transactions for the years

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Unformatted text preview: ase warrants (a) Balance at January 1, Conversion of warrants Expiry of warrants Balance, at end of period Total common share capital and common share purchase warrants 1 ,137,732 14,494.6 1 ,133,295 7 58 7.2 2 23 4 21 3.8 6.2 1 ,300 62 280 22.4 1.1 5.2 1 ,405 3 77 22 28 1 ,850 26.2 6.1 0.3 0.6 35.6 14,530.5 1 11 1 ,137,732 1,140,132 4 5,454 45,454 $ Year ended December 31, 2011 Number of shares Amount ($) ('000's) $ $ $ $ $ 162.0 162.0 5 0,262 $ (111) (4,697) 4 5,454 $ $ 14,692.5 $ 14,414.2 1.6 14,494.6 162.2 (0.2) 162.0 1 4,656.6 (a) Amount includes only the value of the U.S. dollar denominated warrants. Canadian dollar denominated warrants are considered an embedded derivative and classified as a liability (see Note 11). i. Dividends on common shares The following summarizes dividends paid during the years ended December 31, 2012 and 2011. There were no dividends declared but unpaid at December 31, 2012. Per share Dividends paid during the following periods: Three months ended September 30, 2012 Three months ended March 31, 2012 Total $ $ 0 .08 $ 0 .08 $ Per share Dividends paid during the following periods: Three months ended September 30, 2011 Three months ended March 31, 2011 Total $ $ Total amount ($) 91.2 91.1 1 82.3 Total amount ($) 0 .06 $ 0 .05 $ 68.0 56.8 1 24.8 On February 13, 2013, the Board of Directors declared a dividend of $0.08 per common share to shareholders of record on March 21, 2013. KINROSS GOLD 2012 ANNUAL REPORT FS51 ii. Common share purchase warrants The Company has issued both Canadian dollar denominated and U.S. dollar denominated common share purchase warrants. (a) Canadian dollar denominated common share purchase warrants A summary of the status of the common share purchase warrants and changes during the year ended December 31, 2012 is as follows: Weighted average exercise price Share equivalents of warrants ('000's) (CDN$/warrant) 19,695 $ 32.00 19,695 $ 32.00 Balance at January 1, 2012 Issued Exercised Balance at December 31, 2012 These Canadian dollar denominated common share purchase warrants are classified as a liability...
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