1. These figures are non-GAAP financial measures and are defined and reconciled in Section 11, Supplemental Information of Management’s Discussion and Analysis.
  2. Unless otherwise stated, production figures in this Annual Report are based on Kinross’ 90% share of Chirano production.
  3. Kinross’ guidance and outlook for 2019 represents forward-looking information and users are cautioned that actual results may vary. Forecasts for production, production cost of sales, all-in sustaining costs and capital expenditures are + or – 5%. Please refer to the Cautionary Statement on page 73, as well as the Company’s News Release of February 13, 2019 available on our website at Kinross.com.
  4. Reported net earnings include a non-cash impairment charge, net of reversals (2017: $21.5 million; 2016: $139.6 million).
  5. On June 10, 2013, the Company announced its decision to cease development of Fruta del Norte (FDN). As a result, FDN was classified as a discontinued operation. On December 17, 2014, the Company sold its interest in FDN. The comparative results exclude FDN.
  6. Refers to all currencies in the countries where the Company has mining operations, fluctuating simultaneously by 10% in the same direction, either appreciating or depreciating, taking into consideration the impact of hedging and the weighting of each currency within our consolidated cost structure.
  7. Average realized gold price is a non-GAAP financial measure and is defined as metal sales divided by the total number of ounces sold. This measure is intended to enable management to better understand the price realized in each reporting period. The realized price does not have any standardized definition under IFRS and should not be considered a substitute for measures of performance prepared in accordance with IFRS.