XML 38 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
ACQUISITIONS (Tables)
6 Months Ended
Jun. 30, 2014
Business acquisition details  
Schedule of purchase price
  •  

 

 

Cash paid for acquisition

  $ 462,728  
 

Agnico Eagle common shares issued for acquisition

    1,135,071  
 

Fair value of derivative financial instruments(i)

    29,166  
         
 

Total Agnico Eagle purchase price

  $ 1,626,965  
         

  • Note:

    (i)
    Represents 871,680 Agnico Eagle common shares held in depositary relating to convertible debentures acquired from Osisko.
Summary of financial information relating to equity method investment
  •  

 

 

Current assets

  $ 153,370  
 

Non-current assets

  $ 1,939,249  
 

Current liabilities

  $ 69,243  
 

Non-current liabilities

  $ 398,736  
 

Revenues from mining operations

  $ 21,885  
 

Operating margin(i)

  $ 2,886  
 

Net loss

  $ (2,325 )

  • Note:

    (i)
    Operating margin is calculated as revenues from mining operations less production costs.
Schedule of the allocation of the purchase price to assets acquired and liabilities assumed
 

Total purchase price:

       
 

Cash paid for acquisition

  $ 10,127  
 

Fair value of assets acquired and liabilities assumed:

       
 

Mining properties

  $ 1,994  
 

Goodwill

    9,802  
 

Cash and cash equivalents

    76  
 

Trade receivables

    731  
 

Other current assets

    12  
 

Plant and equipment

    2  
 

Accounts payable and accrued liabilities

    (791 )
 

Other liabilities

    (1,573 )
 

Deferred tax liability

    (126 )
         
 

Net assets acquired

  $ 10,127  
         
Schedule of pro forma results of operations
  •  

 

   
  Year Ended
December 31,
2013
 
   
  Unaudited
 
 

Pro forma net loss for the year

  $ (409,020 )
 

Pro forma net loss per share — basic

  $ (2.37 )