SEGMENTED INFORMATION

9 Months Ended

Sep. 30, 2012

SEGMENTED INFORMATION

SEGMENTED INFORMATION

11.   SEGMENTED INFORMATION

• Agnico-Eagle operates in a single industry, namely exploration for and production of gold. The Company's primary operations are in Canada, Mexico and Finland. The Company identifies its reportable segments as those operations whose operating results are reviewed by the Chief Executive Officer and that represent more than 10% of the combined revenue, profit or loss or total assets of all operating segments. The following are the reportable segments of the Company and reflect how the Company manages its business and how it classifies its operations for planning and measuring performance:

Canada:	LaRonde mine, Lapa mine, Goldex mine, Meadowbank mine, Meliadine project and the Regional Office
Europe:	Kittila mine
Latin America:	Pinos Altos mine, Creston Mascota deposit at Pinos Altos and the La India project
Exploration:	USA Exploration office, Europe Exploration office, Canada Exploration offices, and the Latin America Exploration office

• The accounting policies of the reportable segments are the same as those described in the accounting policies note. There are no transactions between the reportable segments affecting revenue. Production costs for the reportable segments are net of intercompany transactions. Of the $229.3 million of goodwill reflected on the interim consolidated balance sheets at September 30, 2012, $200.1 million relates to the Meliadine project that is a component of the Canada segment and $29.2 million relates to the La India project that is a component of the Latin America segment.

  Corporate head office assets are included in the Canada segment and specific corporate income and expense items are noted separately below.

  The Creston Mascota deposit at Pinos Altos achieved commercial production on March 1, 2011. The LaRonde mine extension achieved commercial production on December 1, 2011.

Three Months Ended September 30, 2012	Revenues from Mining Operations		Production Costs		Amortization of Property, Plant and Mine Development		Exploration and Corporate Development		Foreign Currency Translation Loss		Segment Income (Loss)
Canada	$	336,011	$	160,405	$	51,656	$	11,947	$	11,215	$	100,788
Europe		75,741		23,086		7,846		—		561		44,248
Latin America		124,084		36,917		8,816		—		4,177		74,174
Exploration		—		—		—		24,076		312		(24,388	)
	$	535,836	$	220,408	$	68,318	$	36,023	$	16,265	$	194,822
Segment income											$	194,822
Corporate and Other:
Interest and sundry income												866
Impairment loss on available-for-sale securities												(600	)
Environmental remediation												(4,066	)
Gain on derivative financial instruments												1,674
General and administrative												(25,416	)
Interest expense												(14,933	)
Income before income and mining taxes											$	152,347

Three Months Ended September 30, 2011	Revenues from Mining Operations		Production Costs		Amortization of Property, Plant and Mine Development		Exploration and Corporate Development		Foreign Currency Translation Gain			Loss on Goldex mine		Segment Income (Loss)
Canada	$	352,514	$	169,243	$	50,133	$	—	$	(12,581	)	$	298,183	$	(152,464	)
Europe		62,165		27,648		6,939		—		(2,355	)		—		29,933
Latin America		105,858		40,299		10,032		—		(5,770	)		—		61,297
Exploration		—		—		—		9,610		(714	)		—		(8,896	)
	$	520,537	$	237,190	$	67,104	$	9,610	$	(21,420	)	$	298,183	$	(70,130	)
Segment loss														$	(70,130	)
Corporate and Other:
Interest and sundry expense															(46	)
Impairment loss on available-for-sale securities															(3,402	)
Loss on derivative financial instruments															(1,678	)
General and administrative															(20,410	)
Interest expense															(14,918	)
Loss before income and mining taxes														$	(110,584	)

Nine Months Ended September 30, 2012	Revenues from Mining Operations		Production Costs		Amortization of Property, Plant and Mine Development		Exploration and Corporate Development		Foreign Currency Translation Loss		Segment Income (Loss)
Canada	$	913,421	$	469,821	$	147,560	$	35,910	$	12,882	$	247,248
Europe		205,824		72,631		22,297		—		1,777		109,119
Latin America		349,086		112,897		29,324		—		5,968		200,897
Exploration		—		—		—		57,507		146		(57,653	)
	$	1,468,331	$	655,349	$	199,181	$	93,417	$	20,773	$	499,611
Segment income											$	499,611
Corporate and Other:
Interest and sundry income												1,112
Impairment loss on available-for-sale securities												(12,181	)
Environmental remediation												(4,066	)
Loss on sale of available-for-sale securities												(6,731	)
Loss on derivative financial instruments												(1,752	)
General and administrative												(91,359	)
Provincial capital tax												(4,001	)
Interest expense												(43,600	)
Income before income and mining taxes											$	337,033

Nine Months Ended September 30, 2011	Revenues from Mining Operations		Production Costs		Amortization of Property, Plant and Mine Development		Exploration and Corporate Development		Foreign Currency Translation (Gain) Loss			Loss on Goldex mine		Segment Income (Loss)
Canada	$	928,228	$	456,634	$	143,104	$	—	$	(893	)	$	298,183	$	31,200
Europe		163,391		82,340		19,716		—		1,432			—		59,903
Latin America		274,677		109,537		25,448		—		(5,101	)		—		144,793
Exploration		—		—		—		43,877		(80	)		—		(43,797	)
	$	1,366,296	$	648,511	$	188,268	$	43,877	$	(4,642	)	$	298,183	$	192,099
Segment income														$	192,099
Corporate and Other:
Interest and sundry expense															(22	)
Gain on sale of available-for-sale securities															4,814
Impairment loss on available-for-sale securities															(3,402	)
Gain on derivative financial instruments															654
General and administrative															(79,684	)
Interest expense															(42,915	)
Income before income and mining taxes														$	71,544

	Total Assets as at
	September 30, 2012		December 31, 2011
Canada	$	3,272,669	$	3,205,158
Europe		851,294		771,714
Latin America		1,035,293		1,020,078
Exploration		59,369		37,312
	$	5,218,625	$	5,034,262