SEGMENTED INFORMATION

12 Months Ended

Dec. 31, 2012

SEGMENTED INFORMATION

SEGMENTED INFORMATION

19. 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
Latin America:	Pinos Altos mine, Creston Mascota deposit at Pinos Altos and the La India project
Europe:	Kittila mine
Exploration:	United States 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 consolidated balance sheets at December 31, 2012, $200.1 million relates to the Meliadine project which is a component of the Canada segment and $29.2 million relates to the La India project which 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 Meadowbank mine achieved commercial production on March 1, 2010. 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.

Year ended December 31, 2012:		Revenues from Mining Operations	Production Costs			Exploration and Corporate Development		Amortization of Property, Plant and Mine Development			Foreign Currency Translation (Loss) Gain			Segment Income (Loss)
Canada		$1,182,621	$(646,733	)	$	(37,627	)	$(204,243	)	$	(6,294	)	$	287,724
Latin America		450,664	(152,942	)		–		(37,527	)		3,305			263,500
Europe		284,429	(98,037	)		–		(30,091	)		(18,726	)		137,575
Exploration		–	–			(71,873	)	–			5,395			(66,478	)
		$1,917,714	$(897,712	)	$	(109,500	)	$(271,861	)	$	(16,320	)	$	622,321
Segment income													$	622,321
Corporate and other:
	Interest and sundry expense													(2,389	)
	Gain on sale of available-for-sale securities													9,733
	Loss on derivative financial instruments													(819	)
	General and administrative													(119,085	)
	Impairment loss on available-for-sale securities													(12,732	)
	Provincial capital tax													(4,001	)
	Interest expense													(57,887	)
Income before income and mining taxes													$	435,141

Year ended December 31, 2011:		Revenues from Mining Operations	Production Costs			Exploration and Corporate Development		Amortization of Property, Plant and Mine Development			Foreign Currency Translation (Loss) Gain		Loss on Goldex Mine		Impairment Loss on Meadowbank Mine		Segment (Loss) Income
Canada		$1,217,858	$(619,987	)	$	–		$(198,219	)	$	(2,825	)	$(302,893	)	$(907,681	)	$(813,747	)
Latin America		378,329	(145,614	)		–		(36,988	)		4,955		–		–		200,682
Europe		225,612	(110,477	)		–		(26,574	)		(1,063	)	–		–		87,498
Exploration		–	–			(75,721	)	–			15		–		–		(75,706	)
		$1,821,799	$(876,078	)	$	(75,721	)	$(261,781	)	$	1,082		$(302,893	)	$(907,681	)	$(601,273	)
Segment loss																	$(601,273	)
Corporate and other:
	Interest and sundry expense																(5,188	)
	Gain on sale of available-for-sale securities																4,907
	Impairment loss on available-for-sale securities																(8,569	)
	Gain on derivative financial instruments																3,683
	General and administrative																(107,926	)
	Provincial capital tax																(9,223	)
	Interest expense																(55,039	)
Loss before income and mining taxes																	$(778,628	)

Year ended December 31, 2010:		Revenues from Mining Operations	Production Costs			Exploration and Corporate Development		Amortization of Property, Plant and Mine Development		Foreign Currency Translation (Loss) Gain		Segment Income (Loss)
Canada		$1,086,744	$(499,621	)	$	–		$(140,024	)	$(22,815	)	$424,284
Latin America		175,637	(90,116	)		–		(21,134	)	2,126		66,513
Europe		160,140	(87,735	)		–		(31,231	)	2,780		43,954
Exploration		–	–			(54,958	)	(97	)	(1,627	)	(56,682	)
		$1,422,521	$(677,472	)	$	(54,958	)	$(192,486	)	$(19,536	)	$478,069
Segment income												$478,069
Corporate and other:
	Interest and sundry income											10,254
	Gain on acquisition of Comaplex Minerals Corp., net of transaction costs											57,526
	Gain on sale of available-for-sale securities											19,487
	Gain on derivative financial instruments											7,612
	General and administrative											(94,327	)
	Provincial capital tax											6,075
	Interest expense											(49,493	)
Income before income and mining taxes												$435,203

	Total Assets as at December 31,
	2012	2011
Canada	$3,279,881	$3,205,158
Latin America	1,069,379	1,020,078
Europe	846,941	771,714
Exploration	59,641	37,312
	$5,255,842	$5,034,262

	Capital Expenditures Years Ended December 31,
	2012	2011	2010
Canada	$316,234	$347,790	$335,198
Latin America	69,225	39,966	104,475
Europe	60,036	86,514	71,968
Exploration	55	8,561	–
	$445,550	$482,831	$511,641