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DEFERRED INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2022
Income tax [Abstract]  
Schedules of deferred income tax assets and liabilities
Sources of Deferred Income Tax Assets and Liabilities
As at December 31, 2022 As at December 31, 2021
Deferred tax assets
Tax loss carry forwards $307  $330 
Tax credits —  10 
Environmental rehabilitation 205  262 
Post-retirement benefit obligations and other employee benefits 31  30 
Other working capital 85  68 
Other 10  5 
$638  $705 
Deferred tax liabilities
Property, plant and equipment (3,476) (3,556)
Inventory (389) (416)
Accrued interest payable (1) 3 
($3,228) ($3,264)
Classification:    
Non-current assets $19  $29 
Non-current liabilities (3,247) (3,293)
($3,228) ($3,264)
Expiry Dates of Tax Losses
2023 2024 2025 2026 2027+ No expiry date Total
Non-capital tax losses1
Australia $—  $—  $—  $—  $—  $54  $54 
Barbados 397  212  218  2  131  —  960 
Canada —  —  1  1  2,349  —  2,351 
Chile —  —  —  —  —  979  979 
Papua New Guinea —  —  —  —  127  10  137 
Saudi Arabia —  —  —  —  —  330  330 
Tanzania —  —  —  —  —  1,199  1,199 
United Kingdom —  —  —  —  —  117  117 
Others 2  2  1  38  2  9  54 
$399  $214  $220  $41  $2,609  $2,698  $6,181 
1Represents the gross amount of tax loss carry forwards translated at closing exchange rates at December 31, 2022.
Deferred Tax Assets Not Recognized
As at December 31, 2022 As at December 31, 2021
Argentina $154  $118 
Australia 306  302 
Barbados 53  27 
Canada 954  966 
Chile 1,084  1,059 
Côte d'Ivoire 6  6 
Mali 9  11 
Peru 65  79 
Saudi Arabia 65  71 
Tanzania 109  105 
United Kingdom 22  36 
United States 15  — 
Others 4  3 
$2,846  $2,783 
Source of Changes in Deferred Tax Balances
For the years ended December 31 2022 2021
Temporary differences
Property, plant and equipment $80  ($181)
Environmental rehabilitation (56) (97)
Tax loss carry forwards (23) (127)
AMT and other tax credits (10) (3)
Inventory 27  48 
Other 18  32 
$36  ($328)
Intraperiod allocation to:
Income before income taxes $41  ($345)
Income tax payable (2) (2)
Other comprehensive (income) loss (5) 19 
Other 2  — 
  $36  ($328)
Income Tax Related Contingent Liabilities
2022 2021
At January 1 $257  $266 
Additions based on uncertain tax positions related to prior years 1  19 
Additions based on uncertain tax positions related to the current year 7  — 
Reductions for tax positions of prior years (45) (28)
Reclassifications1
 (160) — 
At December 312
 $60  $257 
1Following the full implementation of the Framework Agreement in Tanzania, the agreed payment obligations are shown in current and long-term income tax payables.
2If reversed, the total amount of $60 million would be recognized as a benefit to income taxes on the income statement, and therefore would impact the reported effective tax rate.
Schedule of tax years still under examination
Tax Years Still Under Examination
Argentina 2010-2011, 2015-2022
Australia 2017-2022
Canada 2015-2022
Chile 2015-2022
Côte d'Ivoire 2020-2022
Democratic Republic of Congo 2021-2022
Dominican Republic 2015-2022
Mali 2017-2022
Papua New Guinea 2006-2022
Peru 2016-2022
Saudi Arabia 2019-2022
Tanzania 2018-2022
United States 2022
Zambia 2018-2022