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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES        
Revenues from mining operations $ 444,320 $ 535,836 $ 1,201,166 $ 1,468,331
COSTS, EXPENSES AND OTHER INCOME        
Production 231,535 [1] 220,408 [1] 687,539 [1] 655,349 [1]
Exploration and corporate development 15,550 36,023 35,447 93,417
Amortization of property, plant and mine development (note 5) 76,054 68,318 216,253 199,181
General and administrative (note 15) 24,205 25,416 89,910 91,359
Impairment loss on available-for-sale securities (note 8) 299 600 28,607 12,181
Provincial capital tax     (1,504) 4,001
Interest expense (note 9) 14,924 14,933 42,575 43,600
Interest and sundry (income) expense (141) 3,200 3,805 2,954
(Gain) loss on derivative financial instruments (note 10) (3,404) (1,674) (4,450) 1,752
Loss on sale of available-for-sale securities (note 8)       6,731
Foreign currency translation loss (gain) 6,507 16,265 (955) 20,773
Income before income and mining taxes 78,791 152,347 103,939 337,033
Income and mining taxes 31,480 46,021 57,149 108,887
Net income for the period 47,311 106,326 46,790 228,146
Net income per share - basic (note 6) (in dollars per share) $ 0.27 $ 0.62 $ 0.27 $ 1.33
Net income per share - diluted (note 6) (in dollars per share) $ 0.27 $ 0.62 $ 0.27 $ 1.33
Cash dividends declared per common share (in dollars per share) $ 0.22 $ 0.20 $ 0.44 $ 0.60
COMPREHENSIVE INCOME        
Net income for the period 47,311 106,326 46,790 228,146
Available-for-sale securities and other investments:        
Unrealized gain (loss) 11,530 14,925 (9,445) (22,152)
Reclassification to impairment loss on available-for-sale securities (note 8) 299 600 28,607 12,181
Reclassification to realized loss on sale of available-for-sale securities (note 8)       6,731
Derivative financial instruments (note 10):        
Unrealized gain (loss) 1,699 5,983 (152) 7,717
Reclassification to production costs (219) (1,255) (219) (1,238)
Reclassification to interest expense 10 10 30 10
Pension benefits:        
Reclassification to general and administrative expense 131 (345) 393 1,258
Income tax expense impact of reclassification items 21 419 (53) (8)
Income tax expense impact of other comprehensive income (loss) items (448) (1,577) 41 (2,300)
Other comprehensive income for the period 13,023 18,760 19,202 2,199
Comprehensive income for the period $ 60,334 $ 125,086 $ 65,992 $ 230,345
[1] Exclusive of amortization shown separately.