21. SEGMENTED INFORMATION

Agnico Eagle operates in a single industry, namely exploration for and production of gold. The Company's primary operations are in Canada, Mexico and Finland. The Company identifies its reportable 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 and that represent more than 10.0% of the combined revenue from mining operations, income or loss or total assets of all operating segments. Each of the Company's significant operating mines and projects are considered to be separate 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. The following are the Company's reportable segments organized according to their relationship with the Company's three business units and reflect how the Company manages its business and how it classifies its operations for planning and measuring performance:

Northern Business:		LaRonde mine, Lapa mine, Goldex mine, Meadowbank mine including the Amaruq deposit, Canadian Malartic joint operation, Meliadine project and Kittila mine

Southern Business:		Pinos Altos mine, Creston Mascota deposit at Pinos Altos and La India mine

Exploration:		United States Exploration office, Europe Exploration office, Canada Exploration offices and Latin America Exploration office

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, 2017

			Revenues from Mining Operations		Production Costs			Exploration and Corporate Development			Segment Income (Loss)

Northern Business:

LaRonde mine		$	484,488	$	(185,488	)	$	–		$	299,000

Lapa mine			64,572		(38,786	)		–			25,786

Goldex mine			139,665		(71,015	)		–			68,650

Meadowbank mine			449,025		(224,364	)		(28,871	)		195,790

Canadian Malartic joint operation			404,441		(188,568	)		(3,864	)		212,009

Kittila mine			248,761		(148,272	)		–			100,489

Total Northern Business			1,790,952		(856,493	)		(32,735	)		901,724

Southern Business:

Pinos Altos mine			257,905		(108,726	)		–			149,179

Creston Mascota deposit at Pinos Altos			63,798		(31,490	)		–			32,308

La India mine			129,949		(61,133	)		–			68,816

Total Southern Business			451,652		(201,349	)		–			250,303

Exploration			–		–			(108,715	)		(108,715	)

Segments totals		$	2,242,604	$	(1,057,842	)	$	(141,450	)	$	1,043,312

Total segments income										$	1,043,312

Corporate and other:

	Amortization of property, plant and mine development										(508,739	)

	General and administrative										(115,064	)

	Impairment loss on available for sale securities										(8,532	)

	Finance costs										(78,931	)

	Gain on derivative financial instruments										20,990

	Gain on sale of available-for-sale securities										168

	Environmental remediation										(1,219	)

	Foreign currency translation loss										(13,313	)

	Other income										3,709

	Income before income and mining taxes									$	342,381

			Year Ended December 31, 2016

			Revenues from Mining Operations		Production Costs			Exploration and Corporate Development			Gain on Impairment Reversal		Segment Income (Loss)

Northern Business:

LaRonde mine		$	388,180	$	(179,496	)	$	–		$	–	$	208,684

Lapa mine			92,160		(52,974	)		–			–		39,186

Goldex mine			149,730		(63,310	)		–			–		86,420

Meadowbank mine			384,023		(218,963	)		(63,488	)		37,161		138,733

Canadian Malartic joint operation			371,920		(183,635	)		(4,044	)		–		184,241

Meliadine project			–		–			–			83,000		83,000

Kittila mine			252,346		(141,871	)		–			–		110,475

Total Northern Business			1,638,359		(840,249	)		(67,532	)		120,161		850,739

Southern Business:

Pinos Altos mine			294,377		(114,557	)		–			–		179,820

Creston Mascota deposit at Pinos Altos			62,967		(27,341	)		–			–		35,626

La India mine			142,529		(49,745	)		–			–		92,784

Total Southern Business			499,873		(191,643	)		–			–		308,230

Exploration			–		–			(79,446	)		–		(79,446	)

Segments totals		$	2,138,232	$	(1,031,892	)	$	(146,978	)	$	120,161	$	1,079,523

Total segments income												$	1,079,523

Corporate and other:

	Amortization of property, plant and mine development												(613,160	)

	General and administrative												(102,781	)

	Finance costs												(74,641	)

	Gain on derivative financial instruments												9,468

	Gain on sale of available-for-sale securities												3,500

	Environmental remediation												(4,058	)

	Foreign currency translation loss												(13,157	)

	Other expenses												(16,233	)

Income before income and mining taxes												$	268,461

		Total Assets as at

	December 31, 2017		December 31, 2016

Northern Business:

LaRonde mine	$	870,150	$	808,981

Lapa mine		17,867		16,473

Goldex mine		275,132		248,766

Meadowbank mine		565,355		500,207

Canadian Malartic joint operation		1,943,304		1,956,285

Meliadine project		1,194,414		781,999

Kittila mine		982,378		961,392

Total Northern Business		5,848,600		5,274,103

Southern Business:

Pinos Altos mine		668,492		667,123

Creston Mascota deposit at Pinos Altos		50,144		60,308

La India mine		427,957		428,005

Total Southern Business		1,146,593		1,155,436

Exploration		277,099		198,738

Corporate and other		593,309		479,674

Total assets	$	7,865,601	$	7,107,951

The following table sets out the carrying amount of goodwill by segment for the years ended December 31, 2016 and December 31, 2017:

	Meliadine Project			La India Mine		Canadian Malartic Joint Operation		Total

Cost	$	200,064		$	39,017	$	657,792	$	896,873

Accumulated impairment		(200,064	)		–		–		(200,064	)

Carrying amount	$	–		$	39,017	$	657,792	$	696,809

The following table sets out capital expenditures by segment:


	Capital Expenditures Year Ended December 31,

	2017		2016

Northern Business:

LaRonde mine	$	89,749	$	64,288

Goldex mine		57,050		78,388

Meadowbank mine		111,516		38,248

Canadian Malartic joint operation		86,549		60,434

Meliadine project		372,071		116,136

Kittila mine		87,789		75,904

Total Northern Business		804,724		433,398

Southern Business:

Pinos Altos mine		49,337		59,572

Creston Mascota deposit at Pinos Altos		8,108		9,287

La India mine		10,783		10,507

Total Southern Business		68,228		79,366

Corporate and other		1,201		3,286

Total capital expenditures	$	874,153	$	516,050

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


	Year Ended December 31,

	2017		2016

Canada	$	1,542,191	$	1,386,013

Mexico		451,652		499,873

Finland		248,761		252,346

Total revenues from mining operations	$	2,242,604	$	2,138,232

Note:

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

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


	Non-current Assets as at

	December 31, 2017		December 31, 2016

Canada	$	4,452,478	$	3,970,435

Mexico		1,026,740		1,010,063

Finland		900,831		873,220

Sweden		13,812		13,812

United States		10,206		10,242

Total non-current assets	$	6,404,067	$	5,877,772