| Schedules of segment information |
Consolidated Statements of Income Information
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Cost of Sales |
|
|
|
|
| For the year ended December 31, 2024 |
Revenue |
Site operating costs, royalties and community relations |
Depreciation |
Exploration, evaluation and project expenses |
Other expenses (income)1 |
Segment income (loss) |
|
Carlin2 |
$3,041 |
|
$1,522 |
|
$307 |
|
$12 |
|
$11 |
|
$1,189 |
|
|
Cortez2 |
1,725 |
|
752 |
|
253 |
|
9 |
|
6 |
|
705 |
|
|
Turquoise Ridge2 |
1,177 |
|
603 |
|
179 |
|
6 |
|
1 |
|
388 |
|
|
Pueblo Viejo2 |
1,429 |
|
629 |
|
295 |
|
4 |
|
8 |
|
493 |
|
|
Loulo-Gounkoto2 |
1,346 |
|
475 |
|
223 |
|
— |
|
123 |
|
525 |
|
|
| Kibali |
743 |
|
281 |
|
134 |
|
— |
|
12 |
|
316 |
|
|
| Lumwana |
855 |
|
460 |
|
244 |
|
— |
|
16 |
|
135 |
|
|
|
|
|
|
|
|
|
|
North Mara2 |
770 |
|
312 |
|
83 |
|
— |
|
57 |
|
318 |
|
|
Bulyanhulu2 |
495 |
|
234 |
|
63 |
|
— |
|
5 |
|
193 |
|
|
Other Mines2 |
2,076 |
|
1,036 |
|
229 |
|
10 |
|
74 |
|
727 |
|
|
| Reportable segment total |
$13,657 |
|
$6,304 |
|
$2,010 |
|
$41 |
|
$313 |
|
$4,989 |
|
|
| Share of equity investee |
(743) |
|
(281) |
|
(134) |
|
— |
|
(12) |
|
(316) |
|
|
| Segment total |
$12,914 |
|
$6,023 |
|
$1,876 |
|
$41 |
|
$301 |
|
$4,673 |
|
|
Consolidated Statements of Income Information
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Cost of Sales |
|
|
|
|
| For the year ended December 31, 2023 |
Revenue |
Site operating costs, royalties and community relations |
Depreciation |
Exploration, evaluation and project expenses |
Other expenses (income)1 |
Segment income (loss) |
|
Carlin2 |
$2,760 |
|
$1,475 |
|
$314 |
|
$23 |
|
$10 |
|
$938 |
|
|
Cortez2 |
1,737 |
|
810 |
|
364 |
|
14 |
|
7 |
|
542 |
|
|
Turquoise Ridge2 |
1,008 |
|
533 |
|
189 |
|
5 |
|
1 |
|
280 |
|
|
Pueblo Viejo2 |
1,118 |
|
536 |
|
255 |
|
4 |
|
7 |
|
316 |
|
|
Loulo-Gounkoto2 |
1,335 |
|
570 |
|
247 |
|
— |
|
34 |
|
484 |
|
|
| Kibali |
670 |
|
272 |
|
147 |
|
— |
|
8 |
|
243 |
|
|
| Lumwana |
795 |
|
466 |
|
257 |
|
37 |
|
(2) |
|
37 |
|
|
|
|
|
|
|
|
|
|
North Mara2 |
591 |
|
288 |
|
77 |
|
— |
|
61 |
|
165 |
|
|
Bulyanhulu2 |
442 |
|
220 |
|
62 |
|
— |
|
13 |
|
147 |
|
|
Other Mines2 |
1,591 |
|
975 |
|
246 |
|
6 |
|
78 |
|
286 |
|
|
| Reportable segment total |
$12,047 |
|
$6,145 |
|
$2,158 |
|
$89 |
|
$217 |
|
$3,438 |
|
|
| Share of equity investee |
(670) |
|
(272) |
|
(147) |
|
— |
|
(8) |
|
(243) |
|
|
| Segment total |
$11,377 |
|
$5,873 |
|
$2,011 |
|
$89 |
|
$209 |
|
$3,195 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 1Includes accretion expense, which is included with finance costs in the consolidated statements of income. For the year ended December 31, 2024, accretion expense was $53 million (2023: $49 million). 2Includes non-controlling interest portion of revenues, cost of sales and segment income (loss) for the year ended December 31, 2024, for Pueblo Viejo, $578 million, $370 million, $208 million (2023: $448 million, $315 million, $130 million), Nevada Gold Mines, $2,539 million, $1,530 million, $989 million (2023: $2,329 million, $1,580 million, $724 million), North Mara and Bulyanhulu, $203 million, $111 million, $81 million (2023: $165 million, $103 million, $50 million), Loulo-Gounkoto, $269 million, $140 million, $107 million (2023: $267 million, $163 million, $99 million) and Tongon, $41 million, $32 million, $1 million (2023: $41 million, $31 million, $10 million). Reconciliation of Segment Income to Income Before Income Taxes
|
|
|
|
|
|
|
|
|
| For the years ended December 31 |
2024 |
2023 |
| Segment income |
$4,673 |
|
$3,195 |
|
| Other revenue |
8 |
|
20 |
|
| Other cost of sales/amortization |
(62) |
|
(48) |
|
| Exploration, evaluation and project expenses not attributable to segments |
(351) |
|
(272) |
|
| General and administrative expenses |
(115) |
|
(126) |
|
| Other income not attributable to segments |
21 |
|
354 |
|
| Impairment reversals (charges) |
457 |
|
(312) |
|
| Loss on currency translation |
(39) |
|
(93) |
|
| Closed mine rehabilitation |
(59) |
|
(16) |
|
| Income from equity investees |
241 |
|
232 |
|
| Finance costs, net (includes non-segment accretion) |
(179) |
|
(121) |
|
| Gain on non-hedge derivatives |
13 |
|
1 |
|
| Income before income taxes |
$4,608 |
|
$2,814 |
|
|
|
|
|
|
|
|
|
|
Geographic Information
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Non-current assets |
Revenue1 |
|
As at December 31, 2024 |
|
As at December 31, 2023 |
2024 |
2023 |
| United States |
$17,305 |
|
|
$16,782 |
|
$6,616 |
|
$6,051 |
|
| Dominican Republic |
5,163 |
|
|
5,156 |
|
1,429 |
|
1,118 |
|
| Mali |
3,441 |
|
|
3,743 |
|
1,346 |
|
1,335 |
|
| Zambia |
2,804 |
|
|
1,949 |
|
855 |
|
795 |
|
| Tanzania |
2,209 |
|
|
2,003 |
|
1,265 |
|
1,033 |
|
| Democratic Republic of Congo |
2,020 |
|
|
2,118 |
|
— |
|
— |
|
| Chile |
1,920 |
|
|
1,930 |
|
9 |
|
8 |
|
| Argentina |
1,667 |
|
|
1,209 |
|
683 |
|
368 |
|
| Pakistan |
934 |
|
|
754 |
|
— |
|
— |
|
| Papua New Guinea |
781 |
|
|
704 |
|
— |
|
9 |
|
| Canada |
522 |
|
|
503 |
|
320 |
|
277 |
|
| Saudi Arabia |
403 |
|
|
391 |
|
— |
|
— |
|
| Côte d'Ivoire |
188 |
|
|
224 |
|
399 |
|
398 |
|
| Peru |
64 |
|
|
71 |
|
— |
|
5 |
|
|
|
|
|
|
|
| Unallocated |
573 |
|
|
836 |
|
— |
|
— |
|
| Total |
$39,994 |
|
|
$38,373 |
|
$12,922 |
|
$11,397 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 1Geographic location is presented based on the location of the mine from which the product originated. Capital Expenditures Information
|
|
|
|
|
|
|
|
|
| |
Segment Capital Expenditures1 |
|
As at December 31, 2024 |
As at December 31, 2023 |
| Carlin |
$818 |
|
$615 |
|
| Cortez |
397 |
|
427 |
|
| Turquoise Ridge |
103 |
|
102 |
|
| Pueblo Viejo |
269 |
|
441 |
|
| Loulo-Gounkoto |
383 |
|
375 |
|
| Kibali |
127 |
|
83 |
|
| Lumwana |
457 |
|
320 |
|
|
|
|
| North Mara |
178 |
|
206 |
|
| Bulyanhulu |
150 |
|
107 |
|
| Other Mines |
261 |
|
231 |
|
|
|
|
| Reportable segment total |
$3,143 |
|
$2,907 |
|
| Other items not allocated to segments |
274 |
|
298 |
|
| Total |
$3,417 |
|
$3,205 |
|
| Share of equity investee |
(127) |
|
(83) |
|
| Total |
$3,290 |
|
$3,122 |
|
|
|
|
|
|
| 1Segment capital expenditures are presented for internal management reporting purposes on an accrual basis. Capital expenditures in the consolidated statements of cash flow are presented on a cash basis. In 2024, cash expenditures were $3,174 million (2023: $3,086 million) and the increase in accrued expenditures was $116 million (2023: $36 million increase).
|
| Schedule of non-current assets at revenue by geographic area |
Geographic Information
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Non-current assets |
Revenue1 |
|
As at December 31, 2024 |
|
As at December 31, 2023 |
2024 |
2023 |
| United States |
$17,305 |
|
|
$16,782 |
|
$6,616 |
|
$6,051 |
|
| Dominican Republic |
5,163 |
|
|
5,156 |
|
1,429 |
|
1,118 |
|
| Mali |
3,441 |
|
|
3,743 |
|
1,346 |
|
1,335 |
|
| Zambia |
2,804 |
|
|
1,949 |
|
855 |
|
795 |
|
| Tanzania |
2,209 |
|
|
2,003 |
|
1,265 |
|
1,033 |
|
| Democratic Republic of Congo |
2,020 |
|
|
2,118 |
|
— |
|
— |
|
| Chile |
1,920 |
|
|
1,930 |
|
9 |
|
8 |
|
| Argentina |
1,667 |
|
|
1,209 |
|
683 |
|
368 |
|
| Pakistan |
934 |
|
|
754 |
|
— |
|
— |
|
| Papua New Guinea |
781 |
|
|
704 |
|
— |
|
9 |
|
| Canada |
522 |
|
|
503 |
|
320 |
|
277 |
|
| Saudi Arabia |
403 |
|
|
391 |
|
— |
|
— |
|
| Côte d'Ivoire |
188 |
|
|
224 |
|
399 |
|
398 |
|
| Peru |
64 |
|
|
71 |
|
— |
|
5 |
|
|
|
|
|
|
|
| Unallocated |
573 |
|
|
836 |
|
— |
|
— |
|
| Total |
$39,994 |
|
|
$38,373 |
|
$12,922 |
|
$11,397 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 1Geographic location is presented based on the location of the mine from which the product originated.
|