2007 Full Report - Kinross Gold

• Payments to Providers of Capital: Our interest paid in 2007 amounted to $30.1 millionfor the year, compared to $10.1 million in 2006 and $7.9 million in 2005. Dividendspaid on convertible preferred shares of a subsidiary company were $5.6 million in 2007.For more information, see Note 12 of the Notes to Consolidated Financial Statementsin the 2007 Kinross Annual Report. As a measure of our strong financial and operatingperformance in recent years, and our commitment to providing superior returns for Kinrossshareholders, we declared our first-ever common share dividend in February 2008.• Payments to Governments: We pay taxes and royalties in jurisdictions where we operate,including Canada, the United States, Brazil, Chile and the Russian Federation. In 2007,we paid $22.8 million in income tax, mining tax and royalties to various governments,compared to $12.7 million in 2006 and $8.3 million in 2005.• Direct Community Investments: We are active contributors to programs that supportyouth and children, education, health care and economic development initiatives inour communities. In 2007, Kinross operations contributed some $940,688 in directeconomic value donations to our communities in the United States, Chile and Brazil.Community investments in Russia are outlined in the case studies on pages 25 and 43.• Corporate Donations and Sponsorships: In addition to our direct community investments,we made corporate contributions of CAD $921,000 to a wide range of charitable andphilanthropic organizations focused on health care, education and children/youth.• Pension Plans: The Company has several pension plans covering employees in NorthAmerica and South America.• Government Financial Assistance: Kinross does not receive significant financial aid fromgovernments, apart from standard tax relief measures that are available to businesses inthe jurisdictions where we operate.• Local Recruitment: Wherever feasible, we hire employees locally and provide supplycontracts to local and regionally-based businesses. We have been able to successfullyrecruit the majority of our mine site operations and management teams from local talentpools. To help develop our employees and give them a broader exposure to challengesand opportunities across the company, we offer promising employees an opportunity topursue career development opportunities outside the “home” location for which theywere hired through our International Service Policy.Wages and Benefits($ millions)133.6147.605 06208.307The increase in wagesand benefits in 2007 isattributable to an increasein the total number ofKinross employees, largelythe result of the Bemaacquisition, as well asan increase in overallcompensation levelsconsistent with trendsthroughout the globalmining industry.Local Donationsfrom Operating Mines($ thousands)362.9519.4940.705 0607Donations to local recipientsfrom operating mines havesteadily increased throughoutthe reporting period.Page 21 Kinross 2007 corporate responsibility report