Segmented Information (Tables)

9 Months Ended

Sep. 30, 2018

Disclosure Of Operating Segments [Abstract]

Summary of Reportable Segments

LITHIUM AMERICAS CORP.

NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018

(Unaudited)

(Expressed in thousands of US dollars, except for per share amounts. Shares and equity instruments in thousands.)

The Company’s reportable segments are summarized in the following tables.

	Organoclay $			Lithium Nevada $			Cauchari-Olaroz $		Corporate $			Total $
As at September 30, 2018
Property, plant and equipment		16,407			1,029		-			52			17,488
Exploration and evaluation assets	-				2,768		-		-				2,768
Total assets		18,908			4,879			29,811		54,507			108,105
Total liabilities		(1,289	)		(1,861	)	-			(11,467	)		(14,617	)
For the three months ended September 30, 2018
Property, plant and equipment expenditures		43			23		-			-			66
Sales		1,420		-			-		-				1,420
Net loss		880			3,934			1		2,618			7,433
Exploration expenditures	-				3,693		-			25			3,718
Depreciation		409			49		-			3			461
Organoclay research and development		149		-			-		-				149
For the nine months ended September 30, 2018
Property, plant and equipment expenditures		144			154		-			22			320
Sales		3,371		-			-		-				3,371
Net loss		2,490			8,418			271		7,470			18,649
Exploration expenditures	-				7,276		-			47			7,323
Depreciation		791			144		-			8			943
Organoclay research and development		423		-			-		-				423

12. SEGMENTED INFORMATION (continued)

	Organoclay $			Lithium Nevada $			Cauchari- Olaroz $			Corporate $			Total $
As at December 31, 2017
Property, plant and equipment		17,011			1,018		-				41			18,070
Exploration and evaluation assets	-				2,104		-			-				2,104
Total assets		19,745			3,642			19,637			70,467			113,491
Total liabilities		(1,323	)		(896	)	-				(2,505	)		(4,724	)
For the three months ended September 30, 2017
Property, plant and equipment expenditures		411			74			-			3			488
Sales		1,059		-			-			-				1,059
Net loss		502			1,619			(776	)		11,414			12,759
Exploration expenditures	-				1,231			-						1,231
Depreciation		159			28			-			18			205
Organoclay research and development		110		-			-			-				110
For the nine months ended September 30, 2017
Property, plant and equipment expenditures		634			123			-			15			772
Sales		3,838		-			-			-				3,838
Net loss		2,187			3,103			4,452			17,703			27,445
Exploration expenditures	-				2,152			471		-				2,623
Depreciation		710			84		-				33			827
Organoclay research and development		318		-			-			-				318

Schedule of Non-current Assets and Revenue by Geographical Segment

The Company’s total assets are located in the following geographical areas:

	Canada $		United States $		Germany $		Argentina $		Total $
Non-current assets (1)
As at September 30, 2018		51		19,532		672		29,811		50,066
As at December 31, 2017		41		19,377		756		19,637		39,811
Revenue
For the nine months ended September 30, 2018	-			3,371	-		-			3,371
For the nine months ended September 30,2017	-			3,838	-		-			3,838
Revenue
For the three months ended September 30, 2018	-			1,420	-		-			1,420
For the three months ended September 30,2017	-			1,059	-		-			1,059

¹Non-current assets attributed to geographical locations exclude deferred income tax assets and financial and other assets.