XML 71 R42.htm IDEA: XBRL DOCUMENT

Royalty, Stream and Working Interests (Tables)

12 Months Ended

Dec. 31, 2024

Royalty, Stream and Working Interests

Schedule of detailed information about royalty, stream and working interest, net


								Impairment
					Accumulated			(losses)
As at December 31, 2024		Cost			depletion⁽¹⁾			reversals⁽²⁾				Carrying value
Mining royalties		$	1,818.7		$	(784.4)		$	—			$	1,034.3
Streams			4,801.5			(3,528.2)			—				1,273.3
Energy			2,055.2			(857.4)			—				1,197.8
Advanced			389.2			(45.8)			—				343.4
Exploration			267.7			(17.7)			—				250.0
		$	9,332.3		$	(5,233.5)		$	—			$	4,098.8

1.

Accumulated depletion includes impairment losses recognized prior to the year ended December 31, 2024.

2.

Impairment (losses) reversals recognized in the year ended December 31, 2024.


								Impairments
					Accumulated			(losses)
As at December 31, 2023		Cost			depletion⁽¹⁾			reversals⁽²⁾				Carrying value
Mining royalties		$	1,709.7		$	(761.0)		$	—			$	948.7
Streams			4,763.6			(2,235.4)			(1,169.2)				1,359.0
Energy			1,976.0			(825.5)			(4.1)				1,146.4
Advanced			444.5			(48.5)			—				396.0
Exploration			194.7			(17.7)			—				177.0
		$	9,088.5		$	(3,888.1)		$	(1,173.3)			$	4,027.1

1.

Accumulated depletion includes impairment losses recognized prior to the year ended December 31, 2023.

2.

Impairment (losses) reversals recognized in the year ended December 31, 2023 included the impairment related to Cobre Panama (refer to Note 28 (a)).

Schedule of detailed information about royalty, stream and working interest, net roll forward


		Mining
		royalties			Streams			Energy			Advanced			Exploration			Total
Balance at January 1, 2023		$	865.8		$	2,447.4		$	1,181.5		$	371.0		$	61.8		$	4,927.5
Additions			37.7			250.2			22.2			99.3			110.2			519.6
Disposals			—			—			—			(3.3)			—			(3.3)
Transfers			71.3			—			—			(75.6)			4.3			—
Impairment losses			—			(1,169.2)			(4.1)			—			—			(1,173.3)
Depletion			(40.2)			(169.4)			(60.8)			(0.3)			—			(270.7)
Impact of foreign exchange			14.1			—			7.6			4.9			0.7			27.3
Balance at December 31, 2023		$	948.7		$	1,359.0		$	1,146.4		$	396.0		$	177.0		$	4,027.1

Balance at January 1, 2024		$	948.7		$	1,359.0		$	1,146.4		$	396.0		$	177.0		$	4,027.1
Additions			140.3			36.2			137.0			8.9			85.0			407.4
Disposals			(10.6)			—			—			—			—			(10.6)
Transfers			44.0			—			—			(36.2)			(7.8)			—
Depletion			(40.0)			(121.9)			(60.9)			(0.2)			—			(223.0)
Impact of foreign exchange			(48.1)			—			(24.7)			(25.1)			(4.2)			(102.1)
Balance at December 31, 2024		$	1,034.3		$	1,273.3		$	1,197.8		$	343.4		$	250.0		$	4,098.8

Schedule of impairments of royalty, stream and working interests, net


				2023
Royalty, stream and working interests, net
Cobre Panama			$	1,169.2
Energy exploration assets				4.1
			$	1,173.3