ASSETS AND LIABILITIES HELD FOR SALE (Tables)

12 Months Ended

Dec. 31, 2024

On closing, the Company recognized a loss on disposal of $7.4 million, net of income tax, calculated as follows:


	January 31,
	2023
Proceeds received on closing	$	360.0
Cash and cash equivalents transferred since closing	39.4

Working capital	(3.4)
Transaction costs	(8.7)
Net proceeds	$	387.3

Cash and cash equivalents	$	39.8
Receivables and other current assets	26.7
Inventories	153.7
Property, plant and equipment	446.2
Other non-current assets	10.5
Accounts payable and accrued liabilities	(76.0)
Provisions	(103.8)
Other liabilities	(89.1)
Net carrying amount, January 31, 2023	408.0
Non-controlling interest	(13.3)
Net assets attributable to IAMGOLD	$	394.7
Less: net proceeds	387.3
Loss on sale of Rosebel	$	7.4

The Company recognized a gain on disposal of the Senegal Assets of $109.1 million calculated as follows:



	2023
Proceeds	$	197.6

Transaction costs	(3.7)
Net proceeds	$	193.9

Cash and cash equivalents	$	1.4
Property, plant and equipment	83.3
Other non-current assets	1.1
Accounts payable and accrued liabilities	(0.6)
Net carrying amount, April 25, 2023	85.2
Non-controlling interest	(0.4)
Net assets attributable to IAMGOLD	84.8
Less: net proceeds	193.9
Pre-tax gain on sale of Senegal Assets	$	109.1

The Company recognized a gain on disposal of the Guinea Assets of $34.1 million calculated as follows:


	December 23,
	2024
Proceeds on closing	$	27.4
Purchase price adjustment	8.1
Transaction costs	(1.4)
Net proceeds and pre-tax gain on sale of Guinea Assets	$	34.1


	December 31,
	2023
Assets classified as held-for-sale
Cash and cash equivalents	$	0.5

Exploration and evaluation assets	34.1


	$	34.6
Liabilities classified as held-for-sale
Accounts payable and accrued liabilities	$	5.6

	$	5.6