Segmented Information (Tables)

12 Months Ended

Dec. 31, 2017

Deferred tax assets and liabilities have been allocated amongst segments.


	December 31, 2017
(CAD$ in millions)	Steelmaking Coal			Copper			Zinc			Energy			Corporate			Total
Segment revenues	$	6,152		$	2,400		$	4,131		$	—		$	—		$	12,683
Less: Inter-segment revenues		—			—			(635	)		—			—			(635	)

Revenues		6,152			2,400			3,496			—			—			12,048
Cost of sales		(3,108	)		(1,782	)		(2,529	)		—			—			(7,419	)

Gross profit		3,044			618			967			—			—			4,629
Impairment reversal and (asset impairments)		207			(44	)		—			—			—			163
Other operating income (expenses)		(99	)		63			(28	)		(3	)		(392	)		(459	)

Profit (loss) from operations		3,152			637			939			(3	)		(392	)		4,333
Net finance expense		(5	)		(45	)		(31	)		(7	)		(124	)		(212	)
Non-operating income (expense)		(29	)		5			(9	)		—			(118	)		(151	)
Share of income of associates and joint ventures		—			3			—			—			3			6

Profit (loss) before taxes		3,118			600			899			(10	)		(631	)		3,976

Capital expenditures		673			467			244			911			4			2,299

Goodwill		702			385			—			—			—			1,087

Total assets		15,271			9,533			3,720			5,667			2,867			37,058

Net assets	$	9,759		$	5,748		$	2,335		$	4,656		$	(2,973	)	$	19,525


	December 31, 2016
(CAD$ in millions)	Steelmaking Coal			Copper			Zinc			Energy			Corporate			Total
Segment revenues	$	4,144		$	2,007		$	3,577		$	2		$	—		$	9,730
Less: Inter-segment revenues		—			—			(430	)		—			—			(430	)

Revenues		4,144			2,007			3,147			2			—			9,300
Cost of sales		(2,765	)		(1,817	)		(2,317	)		(5	)		—			(6,904	)

Gross profit (loss)		1,379			190			830			(3	)		—			2,396
Asset impairments		—			—			(46	)		(248	)		—			(294	)
Other operating income (expenses)		(74	)		35			30			(30	)		(338	)		(377	)

Profit (loss) from operations		1,305			225			814			(281	)		(338	)		1,725
Net finance expense		(21	)		(42	)		(27	)		(6	)		(242	)		(338	)
Non-operating income (expense)		6			(5	)		(5	)		—			243			239
Share of income of associates and joint ventures		—			2			—			—			—			2

Profit (loss) before taxes		1,290			180			782			(287	)		(337	)		1,628

Capital expenditures		348			339			190			1,010			6			1,893

Goodwill		702			412			—			—			—			1,114

Total assets		14,894			9,673			3,742			4,129			3,191			35,629

Net assets	$	10,071		$	6,029		$	2,464		$	3,648		$	(4,611	)	$	17,601

The geographical distribution of our non-current assets is as follows:

Revenue is attributed to regions based on the location of the port of delivery as designated by the customer and is as follows: