14 A m a r k to ma r k e t ga in on t he A dva n c e r oya l ty pa ym e n t ob l iga ti on of 20 mil l ion i n Y TD 2013 wa s the r e s ul t of a d e c r e a s e of U S 482 p e r ounc e i n th e gol d pr ic e off s e t pa r tia l l y b y th e s tr e n gth e n i n g o f the U S dol l a r r e l a tiv e to th e C a n a dia n dol l a r Mark to m a rk e t ga in l os s on f or e ign c u rr e n c y d e riv a ti v e s F or Q2 2013 the C o mpa n y r e c or d e d a n u n r e a l ize d l oss o n the d e r iva tive s s u b je c t t o c a s h fl ow he dge a c c ount in g s e e F i n a n c i a l I n s t rum e n t s a n d O t her I n s t ru m en t s of 06 m il l ion n e t of ta x e s o f 0 2 mil l ion whic h wa s a c c ount e d fo r a s a c omp on e n t of ot he r c om pr e he n s iv e in c o me The un r e a l ize d l oss on th e de r iva tiv e s n ot s ubj e c t to h e dg e a c c oun ti n g wa s 08 mil l ion a n d w as in c l ud e d in e a r n i n gs The se u n r e a l ize d ga in s or l oss es do n ot ha ve a n imp a c t o n c a s h fl ow a n d wa s the r e s ul t of the s t r e n gth e n in g of the US dol l a r r e l a tiv e to th e C a n a di a n dol l a r a t th e e n d of th e p e r iod The fol l ow i n g ta b l e pr ovi de s de ta il s o f th e f or e ig n e xc ha n ge ga i n l oss duri n g the p e r iods I NCOM E AND M I NING T AX E S A m o u n t s in t h o u s a n d s o f C a n a d ia n d o l l a r s J a n u a r y 1 2013 F o r e i g n e x c h a n g e a d j u s t m e n t G o l d p r i c e a d j u s t m e n t A m o r t i z e d i n t e r e s t Re p a y m e n t s J u n e 3 0 2 0 1 3 A d v an c e ro y alt y p ay m e n t o b li g at i o n Go l d d e l i v e r y c o m m i t m e n t 7 5 5 2 395 2 0 3 1 9 7 2 4 9 4 4 U n a m o r t i z e d i n t e r e s t 1 4 6 8 7 5 288 1 2 5 5 6 0 8 4 320 2 0 3 1 288 9 7 2 3 6 8 9 J a n u a r y 1 2012 F o r e i g n e x c h a n g e a d j u s t m e n t G o l d p r i c e a d j u s t m e n t A m o r t i z e d i n t e r e s t Re p a y m e n t s J u n e 3 0 2 0 1 2 Go l d d e l i v e r y c o m m i t m e n t 9 3 0 9 125 1 0 1 1 8 4 2 3 U n a m o r t i z e d i n t e r e s t 2 1 6 2 1 328 1 8 3 3 7 1 4 7 1 125 328 1 0 1 1 6 5 9 0 A m o u n t s in t h o u s a n d s o f Ca n a d ia n d o l l a r s Q 2 2 0 1 3 Q 1 2 0 1 3 Q 2 2 0 1 2 Y T D 2 0 1 3 Y T D 2 0 1 2 R e a l i z e d g a i n l o s s o n fo r e i g n c u r r e n c y d e r i v a t i v e s 4 0 3 126 5 0 5 2 7 7 6 7 3 T r a n s l a t i o n g a i n l o s s o n n e t a s s e t b a l a n c e s 92 1 3 0 1 1 3 3 8 2 0 3 T o t a l 3 1 1 4 6 1 8 3 1 5 8 7 6 A m o u n t s in t h o u s a n d s o f C a n a d ia n d o l l a r s Q 2 2 0 1 3 Q 1 2 0 1 3 Q 2 2 0 1 2 Y T D 2 0 1 3 Y T D 2 0 1 2 I n c o m e a n d m i n i n g t a x r e c o v e r y e x p e n s e C u r r e n t I n c o m e t a x e s M i n i n g t a x e s D e f e r r e d I n c o m e t a x e s 209 648 4 1 3 857 1 9 1 6 M i n i n g t a x e s 3 6 5 8 5 7 2 8 3 1 2 2 2 1 2 5 3 1 5 6 2 0 9 6 9 6 3 6 5 3 1 6 9 T o t a l 1 5 6 2 0 9 6 9 6 3 6 5 3 1 6 9 S t a t u t o r y t a x r a t e 25 25 25 25 25 N o n d e d u c t i b l e e x p e n s e s 3 14 1 63 2 I m p a i r m e n t l o s s o n a v a i l a b l e f o r s a l e i n v e s t e m e n t s 0 10 0 40 0 D e f e r r e d i n c o m e t a x a s s e t r e c o g n i t i o n 0 1 0 1 2 1 4 0 4 1 1 P r o v i n c i a l m i n i n g t a x 3 9 69 11 393 15 E f f e c t i v e i n c o m e a n d m i n i n g t a x r a t e 1 7 17 14 117 31