Kinross gold 2012 annual report fs45 13 long term

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Unformatted text preview: osts $ 993.6 200.0 3.3 2 ,649.8 (516.2) 2,133.6 $ $ (3.4) (10.1) (3.7) (17.2) (17.2) $ December 31, 2011 996.6 452.9 $ 983.5 196.3 3.3 2,632.6 (516.2) 2,116.4 $ Carrying Fair Value 996.6 460.4 $ 1,045.8 196.3 3.3 2,702.4 (516.2) 2,186.2 $ Fair Value Amount (a) $ 2 2.4 4 20.7 9 81.4 1 94.1 1 2.8 1 .7 1 ,633.1 (32.7) 1 ,600.4 $ $ 22.3 457.3 986.1 194.1 13.1 1.7 1,674.6 (32.7) 1,641.9 Includes transaction costs on debt financings. Scheduled debt repayments 2 013 Corporate term loan facility Convertible senior notes Senior notes Kupol loan Finance leases Total debt payable $ (a) $ 2014 - 4 52.9 6 0.0 3.3 5 16.2 $ $ - 2015 $ 1 ,000.0 60.0 60.0 60.0 1,060.0 $ $ - 2018 and thereafter $ - $ - 744.3 744.3 2016 $ $ 2017 - 2 49.3 20.0 269.3 $ (a) Total 1,000.0 $ 452.9 993.6 200.0 3.3 2,649.8 We have assumed holders will exercise their right to have the Company repurchase the convertible senior notes in March 2013. i. $ Corporate revolving credit and term loan facilities In November 2009, the Company entered into an amended revolving credit facility which provided credit of $450.0 million on an unsecured basis and was to expire in November 2012. The term loan (corporate term loan facility) for the Paracatu property formed part of the amended revolving credit facility and has been repaid in full. On June 17, 2010, the Company entered into a further amendment to increase availability under the facility to $600.0 million. On September 17, 2010, the revolving credit facility was further amended to add Mauritania, Ghana, and Côte d’Ivoire as permitted jurisdictions as a result of the Red Ba ck Mining Inc. (“Red Back”) acquisition. All other terms and conditions under the existing revolving credit facility remained unchanged. On March 31, 2011, the Company entered into a further amendment to increase the availability under the facility to $1,200.0 million. The term of the facility was also extended from November 2012 to March 2015. Effective August 17, 2012, the Company amended the revolving credit facility increasing the available amount to $1,500.0 million and extending th...
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This document was uploaded on 03/30/2014.

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