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Non-Controlling Interests | 12 Months Ended
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Dec. 31, 2020
Interests In Other Entities [Abstract] |
Non-Controlling Interests | Non-Controlling Interests Set out below is information about our subsidiaries with non-controlling interests and the non-controlling interest balances included in equity.
(CAD$ in millions) |  | Principal Place of Business |  | Percentage of Ownership Interest and Voting Rights Held by Non-Controlling Interest |  | December 31, 2020 |  | December 31, 2019
Carmen de Andacollo |  | Region IV, Chile |  | 10 | % |  | $ | 26 |  |  | $ | 29 |
Quebrada Blanca (a)(b) |  | Region I, Chile |  | 40 | % |  | 526 |  |  | 634 |
Elkview Mine Limited Partnership |  | British Columbia, Canada |  | 5 | % |  | 74 |  |  | 67 |
Compañía Minera Zafranal S.A.C. |  | Arequipa Region, Peru |  | 20 | % |  | 43 |  |  | 40 |
|  |  |  |  |  | $ | 669 |  |  | $ | 770 |
a)During the year ended December 31, 2019, SMM/SC subscribed for a 30% indirect interest in QBSA. As a result, we recorded a non-controlling interest for SMM/SC’s interest in QBSA of $793 million on the date of the transaction. b)Quebrada Blanca The following is the summarized financial information for Quebrada Blanca before intra-group eliminations. Quebrada Blanca has non-controlling interests that are considered material to our consolidated financial statements.
(CAD$ in millions) | December 31, 2020 | December 31, 2019
Summarized balance sheet |  |
Current assets | $ | 221 |  | $ | 653 |
Current liabilities | 698 |  | 512 |
Current net assets | (477) |  | 141 |
Non-current assets | 8,575 |  | 6,628 |
Non-current liabilities | 4,841 |  | 3,448 |
Non-current net assets | 3,734 |  | 3,180 |
Net assets | $ | 3,257 |  | $ | 3,321 |
Accumulated non-controlling interests | $ | 526 |  | $ | 634 |
Summarized statement of comprehensive income (loss) |  |
Revenue | $ | 116 |  | $ | 170 |
Loss for the period | $ | (291) |  | $ | (120) |
Other comprehensive income (loss) | (47) |  | (138) |
Total comprehensive income (loss) | $ | (338) |  | $ | (258) |
Loss allocated to non-controlling interests | $ | (95) |  | $ | (24) |
Summarized cash flows |  |
Cash flows from operating activities | $ | (442) |  | $ | (298) |
Cash flows from investing activities | (1,657) |  | (1,255) |
Cash flows from financing activities | 1,668 |  | 2,076 |
Effect of exchange rates on cash and cash equivalents | 8 |  | (22) |
Net increase (decrease) in cash and cash equivalents | $ | (423) |  | $ | 501 |

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- Definition The disclosure of non-controlling interests. [Refer: Non-controlling interests] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_10_e&doctype=Standard -URIDate 2020-01-01 + Details
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- Definition Interests In Other Entities [Abstract] + References No definition available. + Details
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