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 | 2023 |
|---|---|---|
| Revenue | 40.82a | 0a |
| Cost of sales | -51.56a | 0a |
| Gross loss | -10.75a | 0a |
| Share of profit from joint venture net of tax | 291.91a | 274.83a |
| General and administrative expenditure | -56.58a | -43.83a |
| Exploration and project evaluation expenditure | -48.15a | -22.66a |
| Share-based payments | -27.92a | -29.27a |
| Profit from operating activities | 148.51a | 179.07a |
| Finance income | 241.54a | 239.56a |
| Other income (expense) | 4.41a | -3.2a |
| Loss on fair valuation of embedded derivative liability | -164.17a | -85.26a |
| Finance costs | -49.14a | -31.5a |
| Loss on fair valuation of financial asset | -2.04a | -3.39a |
| Profit before income taxes | 179.12a | 295.29a |
| Income tax recovery | 14.18a | 7.66a |
| Profit for the year | 193.29a | 302.94a |
| Profit (loss) attributable to | — | — |
| Owners of the company | 228.14a | 318.93a |
| Non-controlling interests | -34.84a | -15.98a |
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