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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES        
Revenues from mining operations $ 459,561 $ 433,691 $ 932,495 $ 845,759
COSTS, EXPENSES AND OTHER INCOME        
Production 219,906 212,754 434,941 411,321
Exploration and corporate development 34,286 17,289 57,394 34,267
Amortization of property, plant and mine development 66,310 59,235 130,863 121,164
General and administrative 32,015 24,122 65,943 59,274
Impairment loss on available-for-sale securities 11,581   11,581  
Provincial capital tax 4,001   4,001  
Interest expense 14,220 13,989 28,667 27,997
Interest and sundry expense (income) 23 224 (246) (24)
Loss (gain) on derivative financial instruments 4,321 (981) 3,426 (2,332)
Loss (gain) on sale of available-for-sale securities (note 7) 6,731 (420) 6,731 (4,814)
Foreign currency translation loss (gain) (11,009) 2,713 4,508 16,778
Income before income and mining taxes 77,176 104,766 184,686 182,128
Income and mining taxes 33,904 35,941 62,866 68,039
Net income for the period 43,272 68,825 121,820 114,089
Net income per share - basic (note 5) (in dollars per share) $ 0.25 $ 0.41 $ 0.71 $ 0.68
Net income per share - diluted (note 5) (in dollars per share) $ 0.25 $ 0.40 $ 0.71 $ 0.66
Cash dividends declared per common share (in dollars per share)     $ 0.40  
Comprehensive income        
Net income for the period 43,272 68,825 121,820 114,089
Other comprehensive loss:        
Unrealized gain (loss) on derivative financial instrument hedging activities (5,540)   1,734  
Adjustments for derivative financial instruments settled during the period 527   17  
Unrealized gain (loss) on available-for-sale securities (10,477) (3,492) (25,496) 3,575
Adjustments for realized loss (gain) on available-for-sale securities due to dispositions during the period 6,731 (420) 6,731 (4,814)
Change in unrealized gain on pension liability 1,051 110 1,603 220
Tax effect of other comprehensive income (loss) items 1,022 535 (1,150) (45)
Other comprehensive loss for the period (6,686) (3,267) (16,561) (1,064)
Comprehensive income for the period $ 36,586 $ 65,558 $ 105,259 $ 113,025