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NON-CONTROLLING INTERESTS
12 Months Ended
Dec. 31, 2024
NON-CONTROLLING INTERESTS  
NON-CONTROLLING INTEREST

29.  NON-CONTROLLING INTERESTS

As at December 31, 2024, the non-controlling interests (“NCI”) of the State of Burkina Faso, which represents a 10% interest in Roxgold SANU S.A., totaled $10.0 million. The income attributable to the NCI for the year ended December 31, 2024, totaling $7.3 million, is based on net income for Yaramoko.

As at December 31, 2024, the NCI of the State of Côte d’Ivoire, which represents a 10% interest in Roxgold SANGO S.A., totaled $52.2 million. The income attributable to the NCI for the year ended December 31, 2024, totaling $5.8 million, is based on net income for Séguéla.

Summarized statement of financial position

Yaramoko

Séguéla

As at December 31, 2024

$

$

Non-controlling interests percentage

10%

10%

Current assets

63,106

76,580

Non-current assets

130,952

397,475

Current liabilities

(40,888)

(97,752)

Non-current liabilities

(30,421)

(201,716)

Net assets

122,749

174,587

Non-controlling interests

10,009

52,199

Summarized income statement

Yaramoko

Séguéla

For the year ended December 31, 2024

$

$

Revenue

278,347

330,415

Net income and comprehensive income

52,440

112,644

Summarized cash flows

Yaramoko

Séguéla

For the year ended December 31, 2024

$

$

Cash flows provided by operating activities

123,638

159,145

Cash flows used in investing activities

(30,503)

(128,052)

Cash flows used in financing activities

(82,468)

(77,115)