Agnico eagle mines ltd (AEM)
Income statement / Yearly
Dec'17Dec'16Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
REVENUES
Revenues from mining operations (note 17)

2,242,604

2,138,232

1,638,406

1,917,714

1,821,799

1,422,521

613,762

368,938

432,205

COSTS, EXPENSES AND OTHER INCOME
Production(i)

1,057,842

1,031,892

924,927

897,712

876,078

677,472

306,318

186,862

166,104

Exploration and corporate development

141,450

146,978

44,236

109,500

75,721

54,958

36,279

34,704

25,507

Amortization of property, plant and mine development (note 10)

508,739

613,160

296,078

271,861

261,781

192,486

72,461

36,133

27,757

General and administrative

115,064

102,781

115,800

119,085

107,926

94,327

63,687

47,187

38,167

Impairment loss on available-for- sale securities (note 8)

8,532

-

34,272

12,732

8,569

-

-

74,812

-

Finance costs (note 14)

78,931

74,641

-

-

-

-

-

-

-

Gain on derivative financial instruments (note 20)

20,990

9,468

1,509

-819

3,683

7,612

3,592

4,481

5,829

Gain on sale of available-for-sale securities (note 8)

168

3,500

74

9,733

4,907

19,487

10,142

25,626

4,088

Environmental remediation (note 12)

1,219

4,058

-

-

-

-

-

-

-

Gain on impairment reversal (note 22)

-

120,161

-

-

-

-

-

-

-

Foreign currency translation loss

-13,313

-13,157

7,188

-16,320

1,082

-19,536

-39,831

77,688

-32,297

Other (income) expenses

3,709

-16,233

-

-

-

-

-

-

-

Income before income and mining taxes

342,381

268,461

-370,682

435,141

-778,628

435,203

108,038

95,991

159,278

Income and mining taxes expense (note 23)

98,494

109,637

35,844

124,225

-209,673

103,087

21,500

22,824

19,933

Total Revenues

-

-

-

-

-

-

-

-

461,435

Provincial capital tax

-

-

-1,504

4,001

9,223

-6,075

5,014

5,332

3,202

Interest expense (note 9)

-

-

57,999

57,887

55,039

49,493

8,448

2,952

3,294

Interest and sundry expense

-

-

-8,824

-2,389

-5,188

10,254

12,580

7,240

25,142

Impairment loss (note 18)

-

-

537,227

-

907,681

-

-

-

-

Loss on Goldex mine (note 17)

-

-

-

-

302,893

-

-

-

-

Gain on acquisition of Comaplex Minerals Corp., net of transaction costs (note 10)

-

-

-

-

-

57,526

-

-

-

Net income for the year

243,887

158,824

-406,526

310,916

-568,955

332,116

86,538

73,167

139,345

Net income per share - basic (note 16)

1.06

0.71

-2.35

1.82

-3.36

2.05

0.55

0.51

1.05

Net income per share - diluted (note 16)

1.05

0.70

-2.35

1.81

-3.36

2.00

0.55

0.50

1.04

Cash dividends declared per common share

0.41

0.36

0.66

1.02

0.00

0.64

0.18

-

-

COMPREHENSIVE INCOME
Attributed to non-controlling interest

-

-

-

-

60

-

-

-

-

Attributed to common shareholders

-

-

-406,526

310,916

-568,895

332,116

86,538

-

-

Net income for the year

243,887

158,824

-406,526

310,916

-568,955

332,116

86,538

73,167

139,345

Other comprehensive income (loss):
Unrealized change in fair value of available- for- sale securities

-21,179

36,757

-22,553

-27,029

-35,444

64,649

76,037

-911

-5,436

Reclassification to impairment loss on available- for- sale securities

8,532

-

34,272

12,732

8,569

19,487

10,142

-8,997

1,918

Reclassification to gain on sale of available- for- sale securities

168

3,500

74

9,733

4,907

-

-

-

-

Derivative financial instruments (note 20): unrealized gain

10,763

-

-284

6,882

-5,863

-

16,287

-8,888

-

Income tax impact of reclassification items (note 23)

1,117

-467

-

-

-

-

-

-

-

Income tax impact of other comprehensive income (loss) items (note 23)

-1,390

4,925

-51

2,025

-2,301

-780

-2,399

-2,084

-4

Total

-1,779

28,799

-

-

-

-

-

-

-

Items that will not be subsequently reclassified to net income:
Remeasurement (loss) gain of pension benefit obligations (note 15(a))

-1,772

612

-

-

-

-

-

-

-

Income tax impact (note 23)

-399

-76

137

-558

556

-

-

-

-

Total

-1,373

688

-

-

-

-

-

-

-

Other comprehensive income (loss) for the year

-3,152

29,487

12,170

-20,205

-35,496

-22,659

71,657

3,104

-5,713

Comprehensive income for the year

240,735

188,311

-394,356

290,711

-604,451

309,457

158,195

76,271

133,632

Reclassification to production costs

-

-

117

2,738

-1,459

-

-

-

-

Unrealized gain (loss)

-

-

375

531

-1,595

-

-

-

-

Reclassification to general and administrative expense

-

-

637

617

540

-

-

-

-

Adjustments for derivative financial instruments settled during the year (note 15)

-

-

-

-

-

-

7,399

-

-1,653

Net amount reclassified to net income on acquisition of business (note 10)

-

-

-

-

-

64,508

-

-

-

Change in unrealized gain (loss) on pension benefits liability (note 6(b))

-

-

-

-

-

-4,093

727

-1,822

16

Attributed to non-controlling interest

-

-

-

-

-60

-

-

-

-

Attributed to common shareholders

-

-

-394,356

290,711

-604,391

309,457

158,195

-

-