Below are the financial statements of Ivanhoe Mines, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 | 2023 as of 2023-01-01 |
|---|---|---|---|
| Assets | — | — | — |
| Non-current assets | — | — | — |
| Investment in joint venture | 3,033.72a | 2,517.55a | 2,047.04a |
| Property, plant and equipment | 1,670.84a | 1,146.35a | 630.3a |
| Mineral properties | 291.28a | 270.62a | 265a |
| Deferred tax asset | 242.72a | 223.63a | 208.36a |
| Investments | 81.56a | 84.47a | 9.65a |
| Other receivables | 54.37a | 25.15a | 15.14a |
| Loans receivable | 40.34a | 46.02a | 92.48a |
| Intangible assets and other assets | 18.92a | 4.24a | 4.37a |
| Right-of-use asset | 5.17a | 6.6a | 7.54a |
| Promissory note receivable | 0a | 26.8a | 26.76a |
| Total non-current assets | 5,438.92a | 4,351.43a | 3,306.62a |
| Current assets | — | — | — |
| Cash and cash equivalents | 117.34a | 574.29a | 597.45a |
| Inventory | 85.74a | 1.52a | 1.01a |
| Loans receivable | 7.98a | 0a | 19.63a |
| Other receivables | 41.62a | 22.49a | 15.74a |
| Promissory note receivable | 26.85a | 0a | 0a |
| Prepaid expenses | 19a | 49.99a | 28.47a |
| Current tax assets | 0.11a | 0.54a | 0.36a |
| Total current assets | 298.64a | 648.83a | 662.66a |
| Total assets | 5,737.56a | 5,000.26a | 3,969.29a |
| Equity and liabilities | — | — | — |
| Capital and reserves | — | — | — |
| Share capital | 3,858.6a | 2,790.14a | 2,347.11a |
| Share option reserve | 153.06a | 147.86a | 141.54a |
| Foreign currency translation reserve | -69.84a | -58.77a | -63.83a |
| Accumulated profit | 1,047.38a | 819.25a | 509.8a |
| Equity attributable to owners of the company | 4,989.2a | 3,698.48a | 2,934.62a |
| Non-controlling interests | -153.56a | -117.53a | -93.49a |
| Total equity | 4,835.64a | 3,580.95a | 2,841.13a |
| Non-current liabilities | — | — | — |
| Deferred revenue | 359.72a | 328.1a | 310.73a |
| Borrowings | 260.95a | 56.34a | 40.82a |
| Rehabilitation provision | 21.57a | 14.64a | 1.09a |
| Cash-settled share-based payment liability | 11.08a | 9.7a | 9.02a |
| Lease liability | 10.04a | 10.77a | 10.76a |
| Deferred tax liability | 0a | 2.49a | 1.78a |
| Advances payable | 0a | 0a | 3.12a |
| Total non-current liabilities | 663.36a | 422.03a | 377.32a |
| Current liabilities | — | — | — |
| Trade and other payables | 137.52a | 108.94a | 61.64a |
| Borrowings | 97.48a | 83.67a | 0a |
| Cash-settled share-based payment liability | 1.84a | 1.47a | 2.03a |
| Deferred revenue | 1a | 0a | 0a |
| Lease liability | 0.73a | 0.68a | 0.55a |
| Convertible notes - host liability | 0a | 495.97a | 465.32a |
| Convertible notes - embedded derivative liability | 0a | 306.56a | 221.3a |
| Total current liabilities | 238.56a | 997.28a | 750.83a |
| Total liabilities | 901.91a | 1,419.32a | 1,128.15a |
| Total equity and liabilities | 5,737.56a | 5,000.26a | 3,969.29a |
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