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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Total
Common shares
Contributed surplus
Retained Earnings (Deficit)
Marketable securities fair value reserve
Cash flow hedge fair value reserve
Non-controlling interests
Equity, beginning balance at Dec. 31, 2022 $ 2,206.8 $ 2,130.8 $ 2,726.3 $ 58.2 $ (632.4) $ (43.2) $ 21.9 $ 76.0
Net earnings (loss) 103.8 94.3     94.3     9.5
Other comprehensive income (loss) (21.4) (21.4)       (2.0) (19.4)  
Total comprehensive income (loss) 82.4 72.9     94.3 (2.0) (19.4) 9.5
Issuance of common shares for share-based compensation 0.4 0.4 5.8 (5.4)        
Share-based compensation 6.5 6.5   6.5        
Net change in fair value and time value in property, plant and equipment (4.3) (4.3)         (4.3)  
Dividends to non-controlling interests (13.7)             (13.7)
Elimination of non-controlling interests on disposal of Rosebel and Bambouk assets (13.7)             (13.7)
Other (0.3) (0.3)   (0.1) (0.2)      
Equity, ending balance at Dec. 31, 2023 2,264.1 2,206.0 2,732.1 59.2 (538.3) (45.2) (1.8) 58.1
Net earnings (loss) 847.8 819.6     819.6     28.2
Other comprehensive income (loss) (4.9) (4.9)       4.1 (9.0)  
Total comprehensive income (loss) 842.9 814.7     819.6 4.1 (9.0) 28.2
Issuance of common shares 319.6 319.6 319.6          
Issuance of flow-through common shares 4.7 4.7 4.7          
Issuance of common shares for share-based compensation 6.1 6.1 14.2 (8.1)        
Share-based compensation 6.2 6.2   6.2        
Net change in fair value and time value in property, plant and equipment 1.0 1.0         1.0  
Acquisition of non-controlling interests (24.9) (21.9)     (21.9)     (3.0)
Dividends to non-controlling interests (18.0)             (18.0)
Other (1.0) 0.3   0.3       (1.3)
Equity, ending balance at Dec. 31, 2024 $ 3,400.7 $ 3,336.7 $ 3,070.6 $ 57.6 $ 259.4 $ (41.1) $ (9.8) $ 64.0