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v3.21.1

Management of Financial Risk (Tables) | 12 Months Ended
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Dec. 31, 2020
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Schedule of Company's Maximum Exposure to Credit Risk |
|  | December 31, |  | December 31,
(Expressed in $ millions) |  | 2020 |  | 2019
Cash and cash equivalents |  | $ | 131,898 |  | $ | 83,404
Accounts receivable and other assets |  |  | 76,555 |  |  | 47,707
Income tax receivable |  |  | - |  |  | 2,553
Other non-current receivables |  |  | 5,495 |  |  | 40,744
|  | $ | 213,948 |  | $ | 174,408
Schedule of Company's Liquidity Risk |
|  | Expected payments due by year as at December 31, 2020
|  |  | Less than |  |  |  |  |  |  | After |  |
|  |  | 1 year |  |  | 1 - 3 years |  |  | 4 - 5 years |  |  | 5 years |  |  | Total
Trade and other payables |  | $ | 65,275 |  | $ | - |  | $ | - |  | $ | - |  | $ | 65,275
Debt |  |  | - |  |  | 120,000 |  |  | 46,000 |  |  | - |  |  | 166,000
Income taxes payable |  |  | 23,808 |  |  | - |  |  | - |  |  | - |  |  | 23,808
Lease obligations |  |  | 7,367 |  |  | 6,166 |  |  | 4,043 |  |  | 14,127 |  |  | 31,703
Other liabilities |  |  | - |  |  | 2,523 |  |  | - |  |  | - |  |  | 2,523
Capital commitments, Lindero 1 |  |  | 558 |  |  | - |  |  | - |  |  | - |  |  | 558
Closure and reclamation provisions |  |  | 433 |  |  | 5,444 |  |  | 10,692 |  |  | 23,781 |  |  | 40,350
|  | $ | 97,441 |  | $ | 134,133 |  | $ | 60,735 |  | $ | 37,908 |  | $ | 330,217
|  | Expected payments due by year as at December 31, 2019
|  |  | Less than |  |  |  |  |  |  |  |  | After |  |  |
|  |  | 1 year |  |  | 1 - 3 years |  |  | 4 - 5 years |  |  | 5 years |  |  | Total
Trade and other payables |  | $ | 65,286 |  | $ | - |  | $ | - |  | $ | - |  | $ | 65,286
Debt |  |  | - |  |  | 110,000 |  |  | 46,000 |  |  | - |  |  | 156,000
Income tax payable |  |  | 12,400 |  |  | - |  |  | - |  |  | - |  |  | 12,400
Lease obligations |  |  | 9,313 |  |  | 9,424 |  |  | 4,097 |  |  | 14,958 |  |  | 37,792
Other liabilities |  |  | - |  |  | 499 |  |  | - |  |  | - |  |  | 499
Capital commitments, Lindero |  |  | 24,467 |  |  | - |  |  | - |  |  | - |  |  | 24,467
Provisions |  |  | 2,699 |  |  | 7,565 |  |  | 1,846 |  |  | 21,255 |  |  | 33,365
|  | $ | 114,165 |  | $ | 127,488 |  | $ | 51,943 |  | $ | 36,213 |  | $ | 329,809
Schedule of capital structure |
|  | December 31, |  | December 31,
|  | 2020 |  | 2019
Equity |  | $ | 725,770 |  | $ | 635,426
Debt |  |  | 158,616 |  |  | 146,535
Lease obligations |  |  | 19,497 |  |  | 23,879
Less: cash and cash equivalents |  |  | (131,898) |  |  | (83,404)
|  | $ | 771,985 |  | $ | 722,436
Currency risk [member] |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Disclosure of Nature and Extent of Risks Arising from Foreign Exchange Currency Risk |
|  | December 31, 2020
(In millions of local currency) |  | Canadian Dollars |  | Peruvian Soles |  | Mexican Pesos |  | Argentine Pesos
Cash and cash equivalents |  | 1,402 |  | 9,658 |  | 3,117 |  | 2,326
Marketable securities |  | 1,348 |  | - |  | - |  | -
Trade and VAT receivables |  | 53 |  | 3,563 |  | 108,569 |  | 3,281,760
Income tax receivable |  | - |  | 6,915 |  | - |  | -
VAT - long term receivable |  | - |  | - |  | 67,542 |  | -
Trade and other payables |  | (17,838) |  | (28,046) |  | (311,747) |  | (764,331)
Due to related parties |  | (12) |  | - |  | - |  | -
Provisions, current |  | - |  | 100 |  | (4,871) |  | (77,549)
Income tax payable |  | - |  | (275) |  | (297,083) |  | -
Other liabilities |  | (207) |  | - |  | (5,160) |  | -
Provisions, non current |  | - |  | (754) |  | (67,102) |  | -
Total foreign currency exposure |  | (15,254) |  | (8,839) |  | (506,735) |  | 2,442,206
US$ equivalent of foreign currency exposure |  | (11,981) |  | (2,439) |  | (25,402) |  | 29,091
|  | December 31, 2019
(In millions of local currency) |  | Canadian Dollars |  | Peruvian Soles |  | Mexican Pesos |  | Argentine Pesos
Cash and cash equivalents |  | 626 |  | 2,293 |  | 13,103 |  | 11,762
Trade and other receivables |  | 310 |  | 1,827 |  | 3,972 |  | 117,539
Income tax receivable |  | - |  | 8,451 |  | - |  | -
Investments in associates |  | 1,373 |  | - |  | - |  | -
VAT - long term receivable |  | - |  | - |  | 10,715 |  | 2,039,929
Trade and other payables |  | (8,549) |  | (19,385) |  | (214,679) |  | (1,454,444)
Due to related parties |  | (18) |  | - |  | - |  | -
Provisions, current |  | - |  | - |  | (3,942) |  | -
Income tax payable |  | - |  | - |  | (161,900) |  | -
Other liabilities |  | - |  | - |  | (4,217) |  | -
Provisions, non current |  | - |  | - |  | (87,459) |  | -
Total foreign currency exposure |  | (6,258) |  | (6,814) |  | (444,407) |  | 714,786
US$ equivalent of foreign currency exposure |  | (4,818) |  | (2,054) |  | (23,582) |  | 11,815
|  |  |  | Effect on foreign
|  |  |  | denominated
Currency |  | Change |  | items
Mexican Peso |  | +/- 10% |  | $ | 2,309
Peruvian Soles |  | +/- 10% |  | $ | 222
Argentinian Peso |  | +/- 10% |  | $ | 2,645
Canadian Dollar |  | +/- 10% |  | $ | 1,089
Commodity price risk [member] |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Disclosure of Nature and Extent of Risks Arising from Financial Instruments |
Metal |  | Change |  | Effect on Sales
Silver |  | +/- 10% |  | $ | 1,338
Gold |  | +/- 10% |  | $ | 561
Lead |  | +/- 10% |  | $ | 195
Zinc |  | +/- 10% |  | $ | 253

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