Acquisitions and divestitures (Tables)

12 Months Ended

Dec. 31, 2017

The profit (loss) from discontinued operations for the year ended December 31, 2016 is as follows:


For the year ended December 31	2016
	$
Revenue		217,511
Production costs		144,590
Depreciation and amortization		19,067
Gross profit		53,854
Exploration expenses		1,257
General and administrative expenses		20,999
Foreign exchange loss		306
Operating profit		31,292
Interest and financing costs		169
Asset retirement obligation accretion		356
Other expense		2,713
Profit from discontinued operations before income tax		28,054
Income tax expense		16,189
Profit (loss) from discontinued operations		11,865
Loss on sale of assets held for sale		351,234
Net loss from discontinued operations		(339,369	)

A preliminary allocation of the purchase price, which is subject to final adjustments, is as follows:


77,180,898 common shares of shares of Eldorado at C$3.14/share	$	188,061
Cash consideration including advances		126,869
Fair value of existing available-for-sale investment in Integra by Eldorado		41,968
Total Consideration	$	356,898

Net assets acquired:

Cash and cash equivalents	$	5,205
Marketable securities		2,857
Accounts receivable and other		5,920
Inventories		2,471
Other assets		3,495
Property, plant and equipment		393,647
Goodwill		92,591
Accounts payable and accrued liabilities		(8,028)
Flow-through share premium liability		(4,722)
Other liabilities		(9,635)
Deferred income taxes		(126,903)
	$	356,898