XML 81 R34.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Segment information | 12 Months Ended
--- | ---
Dec. 31, 2017
Text block1 [abstract] |
Segment information |
28. | Segment information
Identification of reportable segments The Company has identified its operating segments based on the internal reports that are reviewed and used by the chief executive officer and the executive management (the chief operating decision makers or CODM) in assessing performance and in determining the allocation of resources. The CODM considers the business from both a geographic and product perspective and assesses the performance of the operating segments based on measures of profit and loss as well as assets and liabilities. These measures include operating profit, expenditures on exploration, property, plant and equipment and non-current assets, as well as total debt. As at December 31, 2017, Eldorado had six reportable segments based on the geographical location of mining and exploration and development activities. 28.1 Geographical segments Geographically, the operating segments are identified by country and by operating mine or mine under construction. The Turkey reporting segment includes the Kişladağ and the Efemçukuru mines and exploration activities in Turkey. The Brazil reporting segment includes the Vila Nova mine, Tocantinzinho project and exploration activities in Brazil. The Greece reporting segment includes the Stratoni and Olympias mines, the Skouries, Perama Hill and Sapes projects and exploration activities in Greece. The Romania reporting segment includes the Certej project and exploration activities in Romania. The Canada reporting segment includes the Lamaque project and exploration activities in Canada. Other reporting segment includes operations of Eldorado’s corporate office and exploration activities in other countries. Financial information about each of these operating segments is reported to the CODM on at least a monthly basis. The mines in each of the different segments share similar economic characteristics and have been aggregated accordingly.
2017 |  | Turkey |  |  | Brazil |  |  | Greece |  |  | Romania |  |  | Other |  |  | Canada |  |  | Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
Information about profit and loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Metal sales from external customers |  |  | 337,907 |  |  |  | 2,347 |  |  |  | 51,152 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 391,406 |
Production costs |  |  | 145,573 |  |  |  | 1,824 |  |  |  | 45,343 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 192,740 |
Inventory write-down |  |  | - |  |  |  | - |  |  |  | 444 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 444 |
Depreciation |  |  | 71,389 |  |  |  | - |  |  |  | 466 |  |  |  | - |  |  |  | 269 |  |  |  | 6 |  |  |  | 72,130 |
Gross profit (loss) |  |  | 120,945 |  |  |  | 523 |  |  |  | 4,899 |  |  |  | - |  |  |  | (269) |  |  |  | (6) |  |  |  | 126,092 |
Other material items of income and expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Write-down (write-up) of assets |  |  | 29,619 |  |  |  | (79) |  |  |  | 6,661 |  |  |  | 10,454 |  |  |  | 42 |  |  |  | - |  |  |  | 46,697 |
Exploration costs |  |  | 3,203 |  |  |  | 4,733 |  |  |  | 7,512 |  |  |  | 10,168 |  |  |  | 6,029 |  |  |  | 6,616 |  |  |  | 38,261 |
Income tax expense (recovery) |  |  | 30,139 |  |  |  | (1,087) |  |  |  | (4,603) |  |  |  | (8,026) |  |  |  | 1,428 |  |  |  | 1,532 |  |  |  | 19,383 |
Additions to property, plant and equipment during the period |  |  | 65,013 |  |  |  | 10,029 |  |  |  | 233,293 |  |  |  | 2,006 |  |  |  | 827 |  |  |  | 35,820 |  |  |  | 346,988 |
Information about assets and liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property, plant and equipment (*) |  |  | 835,422 |  |  |  | 196,467 |  |  |  | 2,362,107 |  |  |  | 415,856 |  |  |  | 750 |  |  |  | 416,795 |  |  |  | 4,227,397 |
Goodwill |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 92,591 |  |  |  | 92,591 |
|  |  | 835,422 |  |  |  | 196,467 |  |  |  | 2,362,107 |  |  |  | 415,856 |  |  |  | 750 |  |  |  | 509,386 |  |  |  | 4,319,988 |
Debt |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 593,783 |  |  |  | - |  |  |  | 593,783 |
2016 |  | Turkey |  |  | Brazil |  |  | Greece |  |  | Romania |  |  | Other |  |  | Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
Information about profit and loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Metal sales from external customers |  |  | 392,096 |  |  |  | - |  |  |  | 40,631 |  |  |  | - |  |  |  | - |  |  |  | 432,727 |
Production costs |  |  | 159,632 |  |  |  | - |  |  |  | 35,037 |  |  |  | - |  |  |  | - |  |  |  | 194,669 |
Depreciation |  |  | 74,061 |  |  |  | - |  |  |  | 543 |  |  |  | 2 |  |  |  | 281 |  |  |  | 74,887 |
Gross profit (loss) |  |  | 158,403 |  |  |  | - |  |  |  | 5,051 |  |  |  | (2) |  |  |  | (281) |  |  |  | 163,171 |
Other material items of income and expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Write-down (write-up) of assets |  |  | 626 |  |  |  | (798) |  |  |  | 4,701 |  |  |  | - |  |  |  | - |  |  |  | 4,529 |
Exploration costs |  |  | 2,278 |  |  |  | 3,503 |  |  |  | 3,091 |  |  |  | 1,892 |  |  |  | 8,009 |  |  |  | 18,773 |
Income tax expense (recovery) |  |  | 64,343 |  |  |  | (4,385) |  |  |  | (1,355) |  |  |  | (1,053) |  |  |  | (1,345) |  |  |  | 56,205 |
Additions to property, plant and equipment during the period |  |  | 65,674 |  |  |  | 6,057 |  |  |  | 210,770 |  |  |  | 15,953 |  |  |  | 50 |  |  |  | 298,504 |
Information about assets and liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property, plant and equipment (*) |  |  | 885,629 |  |  |  | 186,606 |  |  |  | 2,157,822 |  |  |  | 413,949 |  |  |  | 1,821 |  |  |  | 3,645,827 |
Debt |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 591,589 |  |  |  | 591,589 |
* Net of revenues from sale of pre-commercial production and tailings retreatment The Turkey segment derives their revenues from sales of gold. The Brazil segment derives its revenue from sales of iron ore. The Greece segment derives its revenue from sales of gold, zinc, lead and silver concentrates. 28.2 Seasonality/cyclicality of operations Management does not consider operations to be of a significant seasonal or cyclical nature.

X
- Definition Text block1 [abstract] + References No definition available. + Details
Name: | ego_TextBlock1Abstract
Namespace Prefix: | ego_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2017-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=8&date=2017-03-01&anchor=sect_Disclosure&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration