SEGMENTED INFORMATION

12 Months Ended

Dec. 31, 2024

23.SEGMENTED INFORMATION

The Company identifies its operating segments as those operations whose operating results are reviewed by the Chief Operating Decision Maker (“CODM”), the Chief Executive Officer, for the purpose of allocating resources and assessing performance. Each of the Company’s operating mines and significant projects are considered to be separate operating segments. Reportable operating segments represent more than 10.0% of the combined revenue from mining operations, income or loss or total assets of all operating segments. Certain operating segments that do not meet the quantitative thresholds are still disclosed where the Company believes that the information is useful. The CODM also reviews segment income (defined as revenues from mining operations less production costs, exploration and corporate development expenses and impairment losses and reversals) on a mine-by-mine basis. Revenues from mining operations and production costs for the reportable segments are reported net of intercompany transactions. Corporate and other assets and specific income and expense items are not allocated to reportable segments.


	Year Ended December 31, 2024
	Revenues from				Exploration and		Segment
	Mining		Production		Corporate		Income
	Operations		Costs		Development		(Loss)
LaRonde mine	$	588,839	$	(239,309)	$	—	$	349,530
LZ5		181,475		(80,186)		—		101,289
Canadian Malartic		1,492,313		(532,037)		—		960,276
Goldex		321,346		(129,977)		—		191,369
Meliadine		890,243		(350,280)		—		539,963
Meadowbank		1,178,132		(463,464)		—		714,668
Kittila		523,550		(227,334)		—		296,216
Detour Lake		1,582,974		(497,079)		—		1,085,895
Macassa		670,568		(201,371)		—		469,197
Fosterville		545,152		(147,045)		—		398,107
Pinos Altos		245,997		(168,231)		—		77,766
La India		65,164		(49,767)		—		15,397
Exploration		—		—		(219,610)		(219,610)
Segment totals	$	8,285,753	$	(3,086,080)	$	(219,610)	$	4,980,063
Total segments income							$	4,980,063
Corporate and other:
Amortization of property, plant and mine development								(1,514,076)
General and administrative								(207,450)
Finance costs								(126,738)
Loss on derivative financial instruments								(155,819)
Foreign currency translation loss								(9,383)
Care and maintenance								(60,574)
Other expenses								(84,468)
Income before income and mining taxes							$	2,821,555

23.SEGMENTED INFORMATION (Continued)


	Year Ended December 31, 2023
	Revenues from				Exploration and					Segment
	Mining		Production		Corporate		Impairment			Income
	Operations		Costs		Development		Loss			(Loss)
LaRonde mine	$	483,065	$	(218,020)	$	—	$	—	$	265,045
LZ5		130,711		(81,624)		—		—		49,087
Canadian Malartic		1,124,480		(465,814)		—		—		658,666
Goldex		272,801		(112,022)		—		—		160,779
Meliadine		697,431		(343,650)		—		—		353,781
Meadowbank		858,209		(524,008)		—		—		334,201
Kittila		448,719		(205,857)		—		—		242,862
Detour Lake		1,262,839		(453,498)		—		—		809,341
Macassa		431,827		(155,046)		—		(675,000)		(398,219)
Fosterville		552,468		(131,298)		—		—		421,170
Pinos Altos		212,876		(145,936)		—		(112,000)		(45,060)
La India		151,483		(96,490)		—		—		54,993
Exploration		—		—		(215,781)		—		(215,781)
Segment totals	$	6,626,909	$	(2,933,263)	$	(215,781)	$	(787,000)	$	2,690,865
Total segments income									$	2,690,865
Corporate and other:
Amortization of property, plant and mine development										(1,491,771)
General and administrative										(208,451)
Finance costs										(130,087)
Gain on derivative financial instruments										68,432
Foreign currency translation gain										328
Care and maintenance										(47,392)
Revaluation gain										1,543,414
Other expenses										(66,269)
Income before income and mining taxes									$	2,359,069

23.SEGMENTED INFORMATION (Continued)

The following table sets out revenues from mining operations by geographic area⁽ⁱ⁾:


	Year Ended December 31,
	2024		2023
Canada	$	6,905,890	$	5,261,363
Australia		545,152		552,468
Finland		523,550		448,719
Mexico		311,161		364,359
Total revenues from mining operations	$	8,285,753	$	6,626,909

Note:

(i) Based on the location of the mine from which the product originated.

The following table sets out total assets by segment:


	Total Assets as at
	December 31,		December 31,
	2024		2023
LaRonde mine	$	1,064,726	$	1,031,331
LZ5		166,484		133,531
Canadian Malartic		6,833,320		6,898,179
Goldex		457,204		401,573
Meliadine		2,344,399		2,356,234
Meadowbank		1,343,936		1,346,911
Kittila		1,559,735		1,685,400
Detour Lake		9,730,258		9,353,435
Macassa		1,774,106		1,638,864
Fosterville		1,044,241		976,221
Pinos Altos		392,480		410,653
La India		94,806		113,736
Exploration		1,418,441		1,253,334
Corporate and other		1,762,882		1,085,547
Total assets	$	29,987,018	$	28,684,949

The following table sets out non-current assets by geographic area:


	As at December 31,		As at December 31,
	2024		2023
Canada	$	23,803,520	$	23,049,670
Australia		1,176,213		1,174,789
Finland		1,431,114		1,471,378
Mexico		747,392		774,154
Sweden		13,812		14,970
United States		9,686		8,836
Total non-current assets	$	27,181,737	$	26,493,797

23.SEGMENTED INFORMATION (Continued)

The following table sets out the carrying amount of goodwill by segment for the years ended December 31, 2024 and December 31, 2023:


					Canadian
					Malartic
	Detour		Macassa		Complex		Exploration			Total
Cost	$	1,215,444	$	420,887	$	2,882,228	$	60,000		$	4,578,559
Accumulated impairment		—		(420,887)		—		—			(420,887)
Carrying amount	$	1,215,444	$	—	$	2,882,228	$	60,000	$		4,157,672

The following table sets out capital expenditures by segment:


	Year Ended December 31,
	2024		2023
LaRonde mine	$	127,613	$	122,917
LZ5		48,593		38,930
Canadian Malartic		320,103		263,151
Goldex		69,884		87,001
Meliadine		173,770		191,011
Meadowbank		96,137		128,063
Kittila		79,259		82,301
Detour Lake		502,756		422,668
Macassa		170,783		146,259
Fosterville		90,041		87,439
Pinos Altos		31,836		36,498
La India		30		266
Exploration		103,180		27,316
Corporate and other		3,964		20,309
Total capital expenditures	$	1,817,949	$	1,654,129