XML 95 R35.htm IDEA: XBRL DOCUMENT
v3.19.1

PROVISIONS | 12 Months Ended
--- | ---
Dec. 31, 2018
Other provisions [abstract] |
PROVISIONS | PROVISIONS a) Provisions
| As at December 31, 2018 |  | As at December 31, 2017 |
Environmental rehabilitation (“PER”) |  | $2,726 |  |  | $2,944 |
Post-retirement benefits | 42 |  | 48 |
Share-based payments | 26 |  | 37 |
Other employee benefits | 22 |  | 27 |
Other | 88 |  | 85 |
|  | $2,904 |  |  | $3,141 |
b) Environmental Rehabilitation
| 2018 |  | 2017 |
At January 1 |  | $3,096 |  |  | $2,246 |
PERs divested during the year | — |  | (31 | )
Closed Sites |  |
Impact of revisions to expected cash flows recorded in earnings | (30 | ) | 46 |
Settlements |  |
Cash payments | (48 | ) | (41 | )
Settlement gains | (2 | ) | (1 | )
Accretion | 13 |  | 12 |
Operating Sites |  |
PER revisions in the year | (247 | ) | 836 |
Settlements |  |
Cash payments | (18 | ) | (18 | )
Settlement gains | (1 | ) | (1 | )
Accretion | 74 |  | 48 |
At December 31 |  | $2,837 |  |  | $3,096 |
Current portion (note 24) | (111 | ) | (152 | )
|  | $2,726 |  |  | $2,944 |
The eventual settlement of substantially all PERs estimated is expected to take place between 2019 and 2058. The total PER has decreased in the fourth quarter of 2018 by $109 million primarily due to changes in discount rates combined with changes in cost estimates at our Pascua-Lama, Pierina, Veladero, Hemlo and Golden Sunlight properties. For the year ended December 31, 2018, our PER balance decreased by $259 million primarily due to changes in discount rates. A 1% increase in the discount rate would result in a decrease in PER by $322 million and a 1% decrease in the discount rate would result in an increase in PER by $398 million, while holding the other assumptions constant.

X
- Definition The disclosure of provisions. [Refer: Provisions] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_10_e&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfProvisionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_OtherProvisionsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration