Exhibit 99(f)
| December 31 | 2002 | 2001 | 2000 |
| (in millions of United States dollars) | |||
| ASSETS | |||
| Current assets | |||
| Cash and marketable securities (Notes 19 and 21) | $ 1,087 | $ 306 | $ 193 |
| Accounts receivable | 251 | 277 | 310 |
| Inventories (Note 8) | 576 | 500 | 520 |
| Other (Note 6) | 73 | 44 | 33 |
| Total current assets | 1,987 | 1,127 | 1,056 |
| Property, plant and equipment (Note 9) | 6,345 | 8,217 | 8,352 |
| Deferred charges and other assets (Notes 11 and 19) | 208 | 243 | 268 |
| Total assets | $ 8,540 | $ 9,587 | $ 9,676 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | |||
| Current liabilities | |||
| Long-term debt due within one year (Notes 10 and 19) | $ 97 | $ 81 | $ 78 |
| Accounts payable | 338 | 132 | 163 |
| Accrued payrolls and benefits | 118 | 107 | 106 |
| Other accrued liabilities | 210 | 189 | 159 |
| Income and mining taxes payable | 167 | 58 | 185 |
| Total current liabilities | 930 | 567 | 691 |
| Deferred credits and other liabilities | |||
| Long-term debt (Notes 10 and 19) | 1,546 | 759 | 952 |
| Deferred income and mining taxes (Note 6) | 1,364 | 2,117 | 2,401 |
| Post-retirement benefits (Note 11) | 475 | 451 | 469 |
| Future removal and site restoration costs (Note 12) | 52 | 49 | 47 |
| Minority interest | 368 | 350 | 334 |
| Total liabilities | 4,735 | 4,293 | 4,894 |
| Commitments and contingencies (Note 20) | |||
| Shareholders' equity | |||
| LYON notes (Note 13) | 238 | 231 | — |
| Preferred shares (Note 14) | 472 | 472 | 472 |
| Common shareholders' equity | |||
| Common shares issued and outstanding 183,238,351 | |||
| (2001 - 182,192,732; 2000 - 181,807,214) (Notes 16 and 17) | 2,771 | 2,756 | 2,751 |
| Warrants (Note 15) | 62 | 62 | 62 |
| Contributed surplus (Note 15) | 559 | 559 | 559 |
| Retained earnings (deficit) | (317) | 1,194 | 918 |
| 3,075 | 4,571 | 4,290 | |
| Contingently issuable equity (Notes 14 and 16) | 20 | 20 | 20 |
| Total shareholders' equity | 3,805 | 5,294 | 4,782 |
| Total liabilities and shareholders' equity | $ 8,540 | $ 9,587 | $ 9,676 |
The Notes to Consolidated Financial Statements on pages 50 through 79 are an integral part of these statements.
Approved by the Board of Directors:
Scott M. Hand Peter C. Jones
