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v3.19.3.a.u2

Segmented Information | 12 Months Ended
--- | ---
Dec. 31, 2019
Operating Segments [Abstract] |
Segmented Information | Segmented Information Based on the primary products we produce and our development projects, we have five reportable segments which we report to our Chief Executive Officer — steelmaking coal, copper, zinc, energy and corporate. The corporate segment includes all of our initiatives in other commodities, our corporate growth activities, and groups that provide administrative, technical, financial and other support to all of our business units. Other operating income (expenses) include general and administration, exploration, research and innovation, and other operating income (expense). Sales between segments are carried out on terms that arm’s-length parties would use. Total assets does not include intra-group receivables between segments. Deferred tax assets have been allocated amongst segments.
(CAD$ in millions) |  | December 31, 2019
|  | Steelmaking Coal |  |  | Copper |  |  | Zinc |  |  | Energy |  |  | Corporate |  |  | Total |
Segment revenues |  | $ | 5,522 |  |  | $ | 2,469 |  |  | $ | 3,487 |  |  | $ | 975 |  |  | $ | — |  |  | $ | 12,453 |
Less: Intra-segment revenues |  | — |  |  | — |  |  | (519 | ) |  | — |  |  | — |  |  | (519 | )
Revenues |  | 5,522 |  |  | 2,469 |  |  | 2,968 |  |  | 975 |  |  | — |  |  | 11,934 |
Cost of sales |  | (3,410 | ) |  | (1,852 | ) |  | (2,367 | ) |  | (965 | ) |  | — |  |  | (8,594 | )
Gross profit |  | 2,112 |  |  | 617 |  |  | 601 |  |  | 10 |  |  | — |  |  | 3,340 |
Asset impairments |  | (289 | ) |  | (31 | ) |  | — |  |  | (2,370 | ) |  | — |  |  | (2,690 | )
Other operating expenses |  | (136 | ) |  | (183 | ) |  | (63 | ) |  | (26 | ) |  | (392 | ) |  | (800 | )
Profit (loss) from operations |  | 1,687 |  |  | 403 |  |  | 538 |  |  | (2,386 | ) |  | (392 | ) |  | (150 | )
Net finance income (expense) |  | (60 | ) |  | (119 | ) |  | (47 | ) |  | (27 | ) |  | 35 |  |  | (218 | )
Non-operating income (expense) |  | (15 | ) |  | 50 |  |  | (9 | ) |  | (2 | ) |  | (121 | ) |  | (97 | )
Share of loss of associates and joint ventures |  | — |  |  | (2 | ) |  | — |  |  | — |  |  | (1 | ) |  | (3 | )
Profit (loss) before taxes |  | 1,612 |  |  | 332 |  |  | 482 |  |  | (2,415 | ) |  | (479 | ) |  | (468 | )
Capital expenditures |  | 1,197 |  |  | 1,757 |  |  | 307 |  |  | 191 |  |  | 16 |  |  | 3,468 |
Goodwill |  | 702 |  |  | 399 |  |  | — |  |  | — |  |  | — |  |  | 1,101 |
Total assets |  | 16,032 |  |  | 12,740 |  |  | 3,904 |  |  | 3,916 |  |  | 2,758 |  |  | 39,350 |
(CAD$ in millions) |  | December 31, 2018
|  | Steelmaking Coal |  |  | Copper |  |  | Zinc |  |  | Energy |  |  | Corporate |  |  | Total |
Segment revenues |  | $ | 6,349 |  |  | $ | 2,714 |  |  | $ | 3,744 |  |  | $ | 407 |  |  | $ | — |  |  | $ | 13,214 |
Less: Intra-segment revenues |  | — |  |  | — |  |  | (650 | ) |  | — |  |  | — |  |  | (650 | )
Revenues |  | 6,349 |  |  | 2,714 |  |  | 3,094 |  |  | 407 |  |  | — |  |  | 12,564 |
Cost of sales |  | (3,309 | ) |  | (1,837 | ) |  | (2,225 | ) |  | (572 | ) |  | — |  |  | (7,943 | )
Gross profit (loss) |  | 3,040 |  |  | 877 |  |  | 869 |  |  | (165 | ) |  | — |  |  | 4,621 |
Asset impairments |  | — |  |  | (10 | ) |  | (31 | ) |  | — |  |  | — |  |  | (41 | )
Other operating income (expenses) |  | (79 | ) |  | (247 | ) |  | 820 |  |  | 1 |  |  | (291 | ) |  | 204 |
Profit (loss) from operations |  | 2,961 |  |  | 620 |  |  | 1,658 |  |  | (164 | ) |  | (291 | ) |  | 4,784 |
Net finance expense |  | (47 | ) |  | (47 | ) |  | (37 | ) |  | (16 | ) |  | (72 | ) |  | (219 | )
Non-operating income (expense) |  | 37 |  |  | 4 |  |  | 11 |  |  | — |  |  | (104 | ) |  | (52 | )
Share of loss of associates and joint ventures |  | — |  |  | (2 | ) |  | — |  |  | — |  |  | (1 | ) |  | (3 | )
Profit (loss) before taxes |  | 2,951 |  |  | 575 |  |  | 1,632 |  |  | (180 | ) |  | (468 | ) |  | 4,510 |
Capital expenditures |  | 969 |  |  | 850 |  |  | 411 |  |  | 375 |  |  | 8 |  |  | 2,613 |
Goodwill |  | 702 |  |  | 419 |  |  | — |  |  | — |  |  | — |  |  | 1,121 |
Total assets |  | 15,491 |  |  | 10,400 |  |  | 3,754 |  |  | 6,131 |  |  | 3,850 |  |  | 39,626 |
The geographical distribution of our non-current assets, excluding deferred income tax assets and financial and other assets, is as follows:
(CAD$ in millions) |  | December 31, 2019 |  |  | December 31, 2018 |
Canada |  | $ | 21,685 |  |  | $ | 23,238 |
Chile |  | 8,696 |  |  | 7,146 |
United States |  | 1,511 |  |  | 1,282 |
Peru |  | 1,497 |  |  | 1,477 |
Other |  | 146 |  |  | 99 |
|  | $ | 33,535 |  |  | $ | 33,242 |

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- Definition Operating Segments [Abstract] + References No definition available. + Details
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