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Segmented Information | 12 Months Ended
--- | ---
Dec. 31, 2021
Operating Segments [Abstract] |
Segmented Information | Segmented Information Based on the primary products we produce and our development projects, we have five reportable segments that we report to our Chief Executive Officer – copper, zinc, steelmaking coal, 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 do not include intra-group receivables between segments. Deferred tax assets have been allocated among segments.
(CAD$ in millions) |  | December 31, 2021
|  | Copper |  | Zinc |  | Steelmaking Coal |  | Energy |  | Corporate |  | Total
Segment revenue |  | $ | 3,452 |  |  | $ | 3,574 |  |  | $ | 6,251 |  |  | $ | 715 |  |  | $ | — |  |  | $ | 13,992 |
Less intra-segment revenue |  | — |  |  | (511) |  |  | — |  |  | — |  |  | — |  |  | (511) |
Revenue (Note 5(a)) |  | 3,452 |  |  | 3,063 |  |  | 6,251 |  |  | 715 |  |  | — |  |  | 13,481 |
Cost of sales |  | (1,711) |  |  | (2,375) |  |  | (3,466) |  |  | (848) |  |  | — |  |  | (8,400) |
Gross profit (loss) |  | 1,741 |  |  | 688 |  |  | 2,785 |  |  | (133) |  |  | — |  |  | 5,081 |
Impairment reversal (Note 7(a)) |  | 215 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 215 |
Other operating income (expense) |  | (14) |  |  | (41) |  |  | 153 |  |  | (21) |  |  | (523) |  |  | (446) |
Profit (loss) from operations |  | 1,942 |  |  | 647 |  |  | 2,938 |  |  | (154) |  |  | (523) |  |  | 4,850 |
Net finance income (expense) |  | (116) |  |  | (47) |  |  | (91) |  |  | (26) |  |  | 70 |  |  | (210) |
Non-operating income (expense) |  | (137) |  |  | 4 |  |  | — |  |  | — |  |  | 28 |  |  | (105) |
Share of loss of associates and joint ventures |  | (3) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (3) |
Profit (loss) before taxes |  | 1,686 |  |  | 604 |  |  | 2,847 |  |  | (180) |  |  | (425) |  |  | 4,532 |
Capital expenditures |  | 3,074 |  |  | 259 |  |  | 1,284 |  |  | 83 |  |  | 13 |  |  | 4,713 |
Goodwill (Note 16) |  | 389 |  |  | — |  |  | 702 |  |  | — |  |  | — |  |  | 1,091 |
Total assets |  | $ | 18,077 |  |  | $ | 4,401 |  |  | $ | 18,390 |  |  | $ | 2,704 |  |  | $ | 3,796 |  |  | $ | 47,368 |
(CAD$ in millions) |  | December 31, 2020
|  | Copper |  | Zinc |  | Steelmaking Coal |  | Energy |  | Corporate |  | Total
Segment revenue |  | $ | 2,419 |  |  | $ | 3,164 |  |  | $ | 3,375 |  |  | $ | 454 |  |  | $ | — |  |  | $ | 9,412 |
Less intra-segment revenue |  | — |  |  | (464) |  |  | — |  |  | — |  |  | — |  |  | (464) |
Revenue (Note 5(a)) |  | 2,419 |  |  | 2,700 |  |  | 3,375 |  |  | 454 |  |  | — |  |  | 8,948 |
Cost of sales |  | (1,560) |  |  | (2,177) |  |  | (3,098) |  |  | (780) |  |  | — |  |  | (7,615) |
Gross profit (loss) |  | 859 |  |  | 523 |  |  | 277 |  |  | (326) |  |  | — |  |  | 1,333 |
Asset impairment (Note 7(a)) |  | — |  |  | — |  |  | — |  |  | (1,244) |  |  | — |  |  | (1,244) |
Other operating expenses |  | (323) |  |  | (98) |  |  | (193) |  |  | (28) |  |  | (357) |  |  | (999) |
Profit (loss) from operations |  | 536 |  |  | 425 |  |  | 84 |  |  | (1,598) |  |  | (357) |  |  | (910) |
Net finance income (expense) |  | (151) |  |  | (44) |  |  | (56) |  |  | (26) |  |  | 9 |  |  | (268) |
Non-operating income (expense) |  | 38 |  |  | (4) |  |  | 13 |  |  | — |  |  | (4) |  |  | 43 |
Share of gain (loss) of associates and joint ventures |  | 1 |  |  | — |  |  | — |  |  | — |  |  | (2) |  |  | (1) |
Profit (loss) before taxes |  | 424 |  |  | 377 |  |  | 41 |  |  | (1,624) |  |  | (354) |  |  | (1,136) |
Capital expenditures |  | 1,990 |  |  | 247 |  |  | 1,284 |  |  | 91 |  |  | 16 |  |  | 3,628 |
Goodwill (Note 16) |  | 391 |  |  | — |  |  | 702 |  |  | — |  |  | — |  |  | 1,093 |
Total assets |  | $ | 14,546 |  |  | $ | 4,006 |  |  | $ | 17,266 |  |  | $ | 2,658 |  |  | $ | 2,802 |  |  | $ | 41,278 |
28. Segmented Information (continued) The geographical distribution of our non-current assets, other than financial instruments, deferred tax assets and post-employment benefit assets, is as follows:
(CAD$ in millions) |  | December 31, 2021 |  | December 31, 2020
Canada |  | $ | 22,949 |  |  | $ | 22,410 |
Chile |  | 13,771 |  |  | 10,555 |
United States |  | 1,788 |  |  | 1,710 |
Peru |  | 1,597 |  |  | 1,483 |
Other |  | 162 |  |  | 157 |
|  | $ | 40,267 |  |  | $ | 36,315 |

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