CONSOLIDATING FINANCIAL STATEMENTS (Tables)

12 Months Ended

Dec. 31, 2018

Consolidating balance sheet as at December 31, 2018


	Guarantors
	Kinross Gold		Guarantor		Guarantor		Total		Non-
	Corp.		Subsidiaries		Adjustments		Guarantors		guarantors		Eliminations		Consolidated
Assets
Current assets
Cash and cash equivalents	$	29.7	$	103.8	$	—	$	133.5	$	215.5	$	—	$	349.0
Restricted cash		—		6.2		—		6.2		6.5		—		12.7
Accounts receivable and other assets		9.7		30.4		—		40.1		61.3		—		101.4
Intercompany receivables		558.9		1,098.0		(275.8)		1,381.1		4,283.2		(5,664.3)		—
Current income tax recoverable		—		2.3		—		2.3		76.7		—		79.0
Inventories		2.6		478.3		—		480.9		571.1		—		1,052.0
Unrealized fair value of derivative assets		3.3		0.5		—		3.8		—		—		3.8
		604.2		1,719.5		(275.8)		2,047.9		5,214.3		(5,664.3)	$	1,597.9
Non-current assets
Property, plant and equipment		31.5		2,931.4		—		2,962.9		2,556.2		—		5,519.1
Goodwill		—		158.8		—		158.8		3.9		—		162.7
Long-term investments		145.9		—		—		145.9		10.0		—		155.9
Investments in joint ventures and associate		—		—		—		—		18.3		—		18.3
Intercompany investments		3,557.8		3,983.5		(6,213.0)		1,328.3		15,167.0		(16,495.3)		—
Unrealized fair value of derivative assets		—		0.8		—		0.8		—		—		0.8
Other long-term assets		11.7		187.3		—		199.0		365.1		—		564.1
Long-term intercompany receivables		3,215.3		2,421.7		(1,981.0)		3,656.0		3,576.0		(7,232.0)		—
Deferred tax assets		—		—		—		—		45.0		—		45.0
Total assets	$	7,566.4	$	11,403.0	$	(8,469.8)	$	10,499.6	$	26,955.8	$	(29,391.6)	$	8,063.8

Liabilities
Current liabilities
Accounts payable and accrued liabilities	$	74.5	$	207.9	$	—	$	282.4	$	183.5	$	—	$	465.9
Intercompany payables		131.0		687.3		(275.8)		542.5		5,121.8		(5,664.3)		—
Current income tax payable		—		14.1		—		14.1		7.6		—		21.7
Current portion of provisions		—		23.6		—		23.6		49.0		—		72.6
Current portion of unrealized fair value of derivative liabilities		7.1		12.3		—		19.4		2.8		—		22.2
Deferred payment obligation		—		—		—		—		30.0		—		30.0
		212.6		945.2		(275.8)		882.0		5,394.7		(5,664.3)		612.4
Non-current liabilities
Long-term debt		1,735.0		—		—		1,735.0		—		—		1,735.0
Provisions		10.9		403.0		—		413.9		402.5		—		816.4
Unrealized fair value of derivative liabilities		3.9		3.6		—		7.5		2.1		—		9.6
Other long-term liabilities		—		54.7		—		54.7		43.2		—		97.9
Long-term intercompany payables		1,097.3		3,589.4		(1,981.0)		2,705.7		4,526.3		(7,232.0)		—
Deferred tax liabilities		—		194.1		—		194.1		71.1		—		265.2
Total liabilities		3,059.7		5,190.0		(2,256.8)		5,992.9		10,439.9		(12,896.3)		3,536.5

Equity
Common shareholders’ equity
Common share capital	$	14,913.4	$	1,795.3	$	(1,795.3)	$	14,913.4	$	19,217.6	$	(19,217.6)	$	14,913.4
Contributed surplus		239.8		3,442.6		(3,442.6)		239.8		6,415.6		(6,415.6)		239.8
Accumulated deficit		(10,548.0)		1,001.6		(1,001.6)		(10,548.0)		(9,078.2)		9,078.2		(10,548.0)
Accumulated other comprehensive income (loss)		(98.5)		(26.5)		26.5		(98.5)		(59.7)		59.7		(98.5)
Total common shareholders’ equity		4,506.7		6,213.0		(6,213.0)		4,506.7		16,495.3		(16,495.3)		4,506.7
Non-controlling interest		—		—		—		—		20.6		—		20.6
Total equity		4,506.7		6,213.0		(6,213.0)		4,506.7		16,515.9		(16,495.3)		4,527.3

Total liabilities and equity	$	7,566.4	$	11,403.0	$	(8,469.8)	$	10,499.6	$	26,955.8	$	(29,391.6)	$	8,063.8

Consolidating balance sheet as at December 31, 2017


	Guarantors
	Kinross Gold		Guarantor		Guarantor		Total		Non-
	Corp.		Subsidiaries		Adjustments		Guarantors		guarantors		Eliminations		Consolidated
Assets
Current assets
Cash and cash equivalents	$	267.6	$	122.7	$	—	$	390.3	$	635.5	$	—	$	1,025.8
Restricted cash		—		5.6		—		5.6		6.5		—		12.1
Accounts receivable and other assets		10.4		26.6		—		37.0		54.3		—		91.3
Intercompany receivables		518.6		1,297.9		(245.7)		1,570.8		4,256.8		(5,827.6)		—
Current income tax recoverable		—		17.1		—		17.1		26.8		—		43.9
Inventories		2.1		560.6		—		562.7		531.6		—		1,094.3
Unrealized fair value of derivative assets		23.0		(10.7)		—		12.3		4.7		—		17.0
		821.7		2,019.8		(245.7)		2,595.8		5,516.2		(5,827.6)		2,284.4
Non-current assets
Property, plant and equipment		27.6		2,478.9		—		2,506.5		2,380.7		—		4,887.2
Goodwill		—		158.8		—		158.8		3.9		—		162.7
Long-term investments		180.8		—		—		180.8		7.2		—		188.0
Investments in joint ventures and associate		—		5.5		—		5.5		18.2		—		23.7
Intercompany investments		3,535.2		3,269.1		(6,202.6)		601.7		14,693.0		(15,294.7)		—
Unrealized fair value of derivative assets		14.8		(12.3)		—		2.5		1.4		—		3.9
Other long-term assets		11.7		133.2		—		144.9		429.1		—		574.0
Long-term intercompany receivables		3,206.4		2,414.3		(1,819.9)		3,800.8		3,171.3		(6,972.1)		—
Deferred tax assets		—		0.1		—		0.1		33.2		—		33.3
Total assets	$	7,798.2	$	10,467.4	$	(8,268.2)	$	9,997.4	$	26,254.2	$	(28,094.4)	$	8,157.2

Liabilities
Current liabilities
Accounts payable and accrued liabilities	$	88.5	$	218.0	$	—	$	306.5	$	176.1	$	—	$	482.6
Intercompany payables		184.4		643.0		(245.7)		581.7		5,245.9		(5,827.6)		—
Current income tax payable		—		19.5		—		19.5		15.6		—		35.1
Current portion of provisions		—		13.5		—		13.5		53.0		—		66.5
Current portion of unrealized fair value of derivative liabilities		—		1.1		—		1.1		—		—		1.1
Deferred payment obligation		—		—		—		—		—		—		—
		272.9		895.1		(245.7)		922.3		5,490.6		(5,827.6)		585.3
Non-current liabilities
Long-term debt		1,732.6		—		—		1,732.6		—		—		1,732.6
Provisions		9.8		367.5		—		377.3		453.2		—		830.5
Unrealized fair value of derivative liabilities		—		0.2		—		0.2		—		—		0.2
Other long-term liabilities		—		67.4		—		67.4		66.4		—		133.8
Long-term intercompany payables		1,199.3		2,777.2		(1,819.9)		2,156.6		4,815.5		(6,972.1)		—
Deferred tax liabilities		—		157.4		—		157.4		98.2		—		255.6
Total liabilities		3,214.6		4,264.8		(2,065.6)		5,413.8		10,923.9		(12,799.7)		3,538.0

Equity
Common shareholders’ equity
Common share capital	$	14,902.5	$	1,713.3	$	(1,713.3)	$	14,902.5	$	18,702.5	$	(18,702.5)	$	14,902.5
Contributed surplus		240.7		3,464.9		(3,464.9)		240.7		6,271.9		(6,271.9)		240.7
Accumulated deficit		(10,580.7)		1,038.6		(1,038.6)		(10,580.7)		(9,660.3)		9,660.3		(10,580.7)
Accumulated other comprehensive income (loss)		21.1		(14.2)		14.2		21.1		(19.4)		19.4		21.1
Total common shareholders’ equity		4,583.6		6,202.6		(6,202.6)		4,583.6		15,294.7		(15,294.7)		4,583.6
Non-controlling interest		—		—		—		—		35.6		—		35.6
Total equity		4,583.6		6,202.6		(6,202.6)		4,583.6		15,330.3		(15,294.7)		4,619.2

Total liabilities and equity	$	7,798.2	$	10,467.4	$	(8,268.2)	$	9,997.4	$	26,254.2	$	(28,094.4)	$	8,157.2

Schedule of consolidating statement of operations

Consolidating statement of operations for the year ended December 31, 2018


	Guarantors
	Kinross Gold		Guarantor		Guarantor		Total		Non-
	Corp.		Subsidiaries		Adjustments		Guarantors		guarantors		Eliminations		Consolidated
Revenue
Metal sales	$	1,936.0	$	1,837.2	$	(1,784.0)	$	1,989.2	$	1,223.4	$	—	$	3,212.6

Cost of sales
Production cost of sales		1,897.7		1,091.6		(1,784.0)		1,205.3		655.2		—		1,860.5
Depreciation, depletion and amortization		3.7		409.3		—		413.0		359.4		—		772.4
Impairment, net of reversals		—		—		—		—		—		—		—
Total cost of sales		1,901.4		1,500.9		(1,784.0)		1,618.3		1,014.6		—		2,632.9
Gross profit		34.6		336.3		—		370.9		208.8		—		579.7
Other operating expense		7.6		59.9		—		67.5		69.5		—		137.0
Exploration and business development		26.1		17.4		—		43.5		65.7		—		109.2
General and administrative		76.0		4.5		—		80.5		52.5		—		133.0
Operating earnings (loss)		(75.1)		254.5		—		179.4		21.1		—		200.5
Other income (expense) - net		12.9		(57.9)		—		(45.0)		460.1		(411.9)		3.2
Equity in earnings (losses) of joint ventures, associate and intercompany investments		41.4		1.0		(78.1)		(35.7)		0.1		35.3		(0.3)
Finance income		64.7		59.8		(8.1)		116.4		123.0		(228.4)		11.0
Finance expense		(64.6)		(104.5)		8.1		(161.0)		(168.6)		228.4		(101.2)
Earnings (loss) before tax		(20.7)		152.9		(78.1)		54.1		435.7		(376.6)		113.2
Income tax (expense) recovery - net		(2.9)		(74.8)		—		(77.7)		(61.1)		—		(138.8)
Net (loss) earnings	$	(23.6)	$	78.1	$	(78.1)	$	(23.6)	$	374.6	$	(376.6)	$	(25.6)
Net (loss) earnings attributable to:
Non-controlling interest	$	—	$	—	$	—	$	—	$	(2.0)	$	—	$	(2.0)
Common shareholders	$	(23.6)	$	78.1	$	(78.1)	$	(23.6)	$	376.6	$	(376.6)	$	(23.6)

Consolidating statement of operations for the year ended December 31, 2017


	Guarantors
	Kinross Gold		Guarantor		Guarantor		Total		Non-
	Corp.		Subsidiaries		Adjustments		Guarantors		guarantors		Eliminations		Consolidated
Revenue
Metal sales	$	1,945.9	$	1,781.1	$	(1,771.4)	$	1,955.6	$	1,347.4	$	—	$	3,303.0

Cost of sales
Production cost of sales		1,918.8		1,019.9		(1,772.0)		1,166.7		590.7		—		1,757.4
Depreciation, depletion and amortization		4.9		404.0		0.6		409.5		409.9		—		819.4
Impairment, net of reversals		—		164.4		—		164.4		(142.9)		—		21.5
Total cost of sales		1,923.7		1,588.3		(1,771.4)		1,740.6		857.7		—		2,598.3
Gross profit		22.2		192.8		—		215.0		489.7		—		704.7
Other operating expense		3.4		30.7		—		34.1		95.5		—		129.6
Exploration and business development		21.8		22.1		—		43.9		62.1		—		106.0
General and administrative		75.1		4.7		—		79.8		52.8		—		132.6
Operating earnings (loss)		(78.1)		135.3		—		57.2		279.3		—		336.5
Other income (expense) - net		(127.9)		(22.3)		—		(150.2)		654.4		(316.1)		188.1
Equity in earnings (losses) of joint ventures, associate and intercompany investments		679.4		232.9		(392.5)		519.8		(0.6)		(520.5)		(1.3)
Finance income		50.6		27.1		(1.9)		75.8		79.5		(141.8)		13.5
Finance expense		(80.1)		(45.9)		1.9		(124.1)		(135.5)		141.8		(117.8)
Earnings (loss) before tax		443.9		327.1		(392.5)		378.5		877.1		(836.6)		419.0
Income tax (expense) recovery - net		1.5		65.4		—		66.9		(43.7)		—		23.2
Net (loss) earnings	$	445.4	$	392.5	$	(392.5)	$	445.4	$	833.4	$	(836.6)	$	442.2
Net (loss) earnings attributable to:
Non-controlling interest	$	—	$	—	$	—	$	—	$	(3.2)	$	—	$	(3.2)
Common shareholders	$	445.4	$	392.5	$	(392.5)	$	445.4	$	836.6	$	(836.6)	$	445.4

Schedule of consolidating statement of comprehensive income (loss)

Consolidating statement of comprehensive income (loss) for the year ended December 31, 2018


	Guarantors
	Kinross Gold		Guarantor		Guarantor		Total		Non-
	Corp.		Subsidiaries		Adjustments		Guarantors		guarantors		Eliminations		Consolidated
Net (loss) earnings	$	(23.6)	$	78.1	$	(78.1)	$	(23.6)	$	374.6	$	(376.6)	$	(25.6)

Other comprehensive income (loss), net of tax:
Items that will not be reclassified to profit or loss:
Equity investments at fair value through other comprehensive income ("FVOCI") - net change in fair value (a)		(24.2)		—		—		(24.2)		(1.6)		—		(25.8)
Items that are or may be reclassified to profit or loss in subsequent periods:
Cash flow hedges - effective portion of changes in fair value (b)		(12.1)		(35.8)		—		(47.9)		—		—		(47.9)
Cash flow hedges - reclassified to profit or loss (c)		(6.7)		(2.4)		—		(9.1)		—		—		(9.1)
		(43.0)		(38.2)		—		(81.2)		(1.6)		—		(82.8)
Equity in other comprehensive income (loss) of intercompany investments		(39.8)		—		38.2		(1.6)		—		1.6		—
Total comprehensive income (loss)	$	(106.4)	$	39.9	$	(39.9)	$	(106.4)	$	373.0	$	(375.0)	$	(108.4)

Attributable to non-controlling interest	$	—	$	—	$	—	$	—	$	(2.0)	$	—	$	(2.0)
Attributable to common shareholders	$	(106.4)	$	39.9	$	(39.9)	$	(106.4)	$	375.0	$	(375.0)	$	(106.4)

(a) Net of tax of	$	—	$	—	$	—	$	—	$	(0.3)	$	—	$	(0.3)
(b) Net of tax of	$	(3.0)	$	(17.9)	$	—	$	(20.9)	$	—	$	—	$	(20.9)
(c) Net of tax of	$	—	$	0.2	$	—	$	0.2	$	—	$	—	$	0.2

Consolidating statement of comprehensive income (loss) for the year ended December 31, 2017


	Guarantors
	Kinross Gold		Guarantor		Guarantor		Total		Non-
	Corp.		Subsidiaries		Adjustments		Guarantors		guarantors		Eliminations		Consolidated

Net (loss) earnings	$	445.4	$	392.5	$	(392.5)	$	445.4	$	833.4	$	(836.6)	$	442.2

Other comprehensive income (loss), net of tax:
Items that will not be reclassified to profit or loss:
Equity investments at fair value through other comprehensive income ("FVOCI") - net change in fair value (a)		(18.5)		—		—		(18.5)		1.8		—		(16.7)
Items that are or may be reclassified to profit or loss in subsequent periods:
Cash flow hedges - effective portion of changes in fair value (b)		6.8		5.1		—		11.9		—		—		11.9
Cash flow hedges - reclassified to profit or loss (c)		(2.6)		(10.6)		—		(13.2)		—		—		(13.2)
		(14.3)		(5.5)		—		(19.8)		1.8		—		(18.0)
Equity in other comprehensive income (loss) of intercompany investments		(3.7)		—		5.5		1.8		—		(1.8)		—
Total comprehensive income (loss)	$	427.4	$	387.0	$	(387.0)	$	427.4	$	835.2	$	(838.4)	$	424.2

Attributable to non-controlling interest	$	—	$	—	$	—	$	—	$	(3.2)	$	—	$	(3.2)
Attributable to common shareholders	$	427.4	$	387.0	$	(387.0)	$	427.4	$	838.4	$	(838.4)	$	427.4

(a) Net of tax of	$	—	$	—	$	—	$	—	$	0.3	$	—	$	0.3
(b) Net of tax of	$	2.5	$	2.3	$	—	$	4.8	$	—	$	—	$	4.8
(c) Net of tax of	$	(1.0)	$	(4.9)	$	—	$	(5.9)	$	—	$	—	$	(5.9)

Schedule of consolidating statement of cash flows

Consolidating statement of cash flows for the year ended December 31, 2018


	Guarantors
	Kinross Gold		Guarantor		Guarantor		Total		Non-
	Corp.		Subsidiaries		Adjustments		Guarantors		guarantors		Eliminations		Consolidated
Net inflow (outflow) of cash related to the following activities:
Operating:
Net (loss) earnings	$	(23.6)	$	78.1	$	(78.1)	$	(23.6)	$	374.6	$	(376.6)	$	(25.6)
Adjustments to reconcile net (loss) earnings to net cash provided from (used in) operating activities:
Depreciation, depletion and amortization		3.7		409.3		—		413.0		359.4		—		772.4
(Gain) loss on disposition of associate and other interests - net		—		—		—		—		(2.1)		—		(2.1)
Impairment, net of reversals		—		—		—		—		—		—		—
Equity in losses (earnings) of joint ventures, associate and intercompany investments		(41.4)		(1.0)		78.1		35.7		(0.1)		(35.3)		0.3
Share-based compensation expense		14.6		—		—		14.6		—		—		14.6
Finance expense		64.6		104.5		(8.1)		161.0		168.6		(228.4)		101.2
Deferred tax expense (recovery)		3.0		42.0		—		45.0		(36.1)		—		8.9
Foreign exchange losses (gains) and other		5.4		(8.4)		—		(3.0)		15.5		—		12.5
Reclamation (recovery) expense		—		—		—		—		(8.0)		—		(8.0)
Changes in operating assets and liabilities:
Accounts receivable and other assets		(1.6)		7.9		—		6.3		(29.0)		—		(22.7)
Inventories		(0.5)		18.0		—		17.5		(23.2)		—		(5.7)
Accounts payable and accrued liabilities		(23.9)		12.8		—		(11.1)		80.9		—		69.8
Cash flow provided from (used in) operating activities		0.3		663.2		(8.1)		655.4		900.5		(640.3)		915.6
Income taxes paid		0.1		(28.5)		—		(28.4)		(98.5)		—		(126.9)
Net cash flow provided from (used in) operating activities		0.4		634.7		(8.1)		627.0		802.0		(640.3)		788.7
Investing:
Additions to property, plant and equipment		(7.4)		(523.7)		—		(531.1)		(512.3)		—		(1,043.4)
Acquisitions		—		(269.2)		—		(269.2)		(35.0)		—		(304.2)
Net additions to long-term investments and other assets		10.7		(23.5)		—		(12.8)		(40.1)		—		(52.9)
Net proceeds from the sale of property, plant and equipment		—		0.5		—		0.5		5.9		—		6.4
Net proceeds from disposition of associate and other interests		—		—		—		—		—		—		—
(Increase) decrease in restricted cash		—		(0.6)		—		(0.6)		—		—		(0.6)
Interest received and other		2.2		1.4		—		3.6		4.1		—		7.7
Net cash flow provided from (used in) from investing activities		5.5		(815.1)		—		(809.6)		(577.4)		—		(1,387.0)
Financing:
Proceeds from issuance/draw down of debt		80.0		—		—		80.0		—		—		80.0
Repayment of debt		(80.0)		—		—		(80.0)		—		—		(80.0)
Interest paid		(57.9)		—		—		(57.9)		—		—		(57.9)
Issuance of common shares on exercise of options		0.5		—		—		0.5		—		—		0.5
Dividends received from (paid to) common shareholders and subsidiaries		0.1		0.4		—		0.5		(412.4)		411.9		—
Dividend paid to non-controlling interest		—		—		—		—		(13.0)		—		(13.0)
Intercompany advances		(185.1)		161.1		8.1		(15.9)		(212.5)		228.4		—
Other		(1.4)		—		—		(1.4)		(0.8)		—		(2.2)
Net cash flow provided from (used in) financing activities		(243.8)		161.5		8.1		(74.2)		(638.7)		640.3		(72.6)
Effect of exchange rate changes on cash and cash equivalents		—		—		—		—		(5.9)		—		(5.9)
(Decrease) increase in cash and cash equivalents		(237.9)		(18.9)		—		(256.8)		(420.0)		—		(676.8)

Cash and cash equivalents, beginning of period		267.6		122.7		—		390.3		635.5		—		1,025.8

Cash and cash equivalents, end of period	$	29.7	$	103.8	$	—	$	133.5	$	215.5	$	—	$	349.0

Consolidating statement of cash flows for the year ended December 31, 2017


	Guarantors
	Kinross Gold		Guarantor		Guarantor		Total		Non-
	Corp.		Subsidiaries		Adjustments		Guarantors		guarantors		Eliminations		Consolidated
Net inflow (outflow) of cash related to the following activities:
Operating:
Net (loss) earnings	$	445.4	$	392.5	$	(392.5)	$	445.4	$	833.4	$	(836.6)	$	442.2
Adjustments to reconcile net (loss) earnings to net cash provided from (used in) operating activities:
Depreciation, depletion and amortization		4.9		404.0		0.6		409.5		409.9		—		819.4
(Gain) loss on disposition of associate and other interests - net		5.4		—		—		5.4		(60.6)		—		(55.2)
Impairment, net of reversals		—		164.4		—		164.4		(239.9)		—		(75.5)
Equity in losses (earnings) of joint ventures, associate and intercompany investments		(679.4)		(232.9)		392.5		(519.8)		0.6		520.5		1.3
Share-based compensation expense		13.6		—		—		13.6		—		—		13.6
Finance expense		80.1		45.9		(1.9)		124.1		135.5		(141.8)		117.8
Deferred tax expense (recovery)		(1.5)		(69.3)		—		(70.8)		(5.6)		—		(76.4)
Foreign exchange losses (gains) and other		132.8		(1.3)		—		131.5		(163.4)		—		(31.9)
Reclamation (recovery) expense		—		—		—		—		11.4		—		11.4
Changes in operating assets and liabilities:
Accounts receivable and other assets		(1.7)		3.0		—		1.3		107.3		—		108.6
Inventories		3.5		(69.1)		(0.6)		(66.2)		(20.5)		—		(86.7)
Accounts payable and accrued liabilities		(4.9)		23.0		—		18.1		(66.6)		—		(48.5)
Cash flow provided from (used in) operating activities		(1.8)		660.2		(1.9)		656.5		941.5		(457.9)		1,140.1
Income taxes paid		—		(10.9)		—		(10.9)		(177.6)		—		(188.5)
Net cash flow provided from (used in) operating activities		(1.8)		649.3		(1.9)		645.6		763.9		(457.9)		951.6
Investing:
Additions to property, plant and equipment		(5.7)		(410.8)		—		(416.5)		(481.1)		—		(897.6)
Acquisitions		—		—		—		—		—		—		—
Net additions to long-term investments and other assets		(26.2)		(24.2)		—		(50.4)		(23.4)		—		(73.8)
Net proceeds from the sale of property, plant and equipment		—		1.8		—		1.8		6.7		—		8.5
Net proceeds from disposition of associate and other interests		7.5		—		—		7.5		262.1		—		269.6
(Increase) decrease in restricted cash		—		(0.9)		—		(0.9)		0.4		—		(0.5)
Interest received and other		1.5		1.9		—		3.4		3.2		—		6.6
Net cash flow provided from (used in) investing activities		(22.9)		(432.2)		—		(455.1)		(232.1)		—		(687.2)
Financing:
Proceeds from issuance/drawdown of debt		494.7		—		—		494.7		—		—		494.7
Repayment of debt		(500.0)		—		—		(500.0)		—		—		(500.0)
Interest paid		(62.9)		—		—		(62.9)		—		—		(62.9)
Issuance of common shares on exercise of options		0.8		—		—		0.8		—		—		0.8
Dividends received from (paid to) common shareholders and subsidiaries		—		—		—		—		(316.1)		316.1		—
Dividend paid to non-controlling interest		—		—		—		—		—		—		—
Intercompany advances		235.1		(240.0)		1.9		(3.0)		(138.8)		141.8		—
Other		(1.6)		—		—		(1.6)		—		—		(1.6)
Net cash flow provided from (used in) financing activities		166.1		(240.0)		1.9		(72.0)		(454.9)		457.9		(69.0)
Effect of exchange rate changes on cash and cash equivalents		—		—		—		—		3.4		—		3.4
(Decrease) increase in cash and cash equivalents		141.4		(22.9)		—		118.5		80.3		—		198.8

Cash and cash equivalents, beginning of period		126.2		145.6		—		271.8		555.2		—		827.0

Cash and cash equivalents, end of period	$	267.6	$	122.7	$	—	$	390.3	$	635.5	$	—	$	1,025.8