Kirkland lake gold ltd. (KL)
Income statement / Yearly
Dec'17Dec'16
Revenue

747,495

403,340

Production costs

288,315

192,842

Royalty expense

21,396

15,552

Depletion and depreciation

148,655

58,970

Earnings (loss) from mine operations

289,129

135,976

Expenses
General and administrative

25,646

11,991

Transaction costs

397

17,746

Exploration and evaluation

48,411

15,817

Care and maintenance

11,877

80

Earnings (loss) from operations

202,798

90,342

Other income, net

3,376

210

Finance Items
Finance income

2,111

843

Finance costs

12,206

11,628

Earnings before taxes from continuing operations

196,079

79,767

Current income tax expense

44,223

2,800

Deferred tax recovery (expense)

-5,474

30,233

Earnings from continuing operations

157,330

46,734

Loss from discontinued operations

-24,904

-4,627

Net earnings

132,426

42,107

Other comprehensive income
Unrealized and realized gains on available for sale investments, net of $3,758 tax

26,764

340

Exchange differences on translation of foreign operations

80,898

988

Total other comprehensive income

107,662

1,328

Comprehensive income

240,088

43,435

Basic earnings per share from continuing operations (in dollars per share)

0.76

0.39

Diluted earnings per share from continuing operations (in dollars per share)

0.75

0.38

Basic loss per share from discontinued operations (in dollars per share)

-0.12

-0.04

Diluted loss per share from discontinued operations (in dollars per share)

-0.12

-0.04

Basic earnings per share (in dollars per share)

0.64

0.35

Diluted earnings per share (in dollars per share)

0.63

0.34

Weighted average number of common shares outstanding (in 000's)
Basic (in shares)

207,436

121,172

Diluted (in shares)

208,628

123,889