Freeport-McMoRan 2009 Annual Report Download - page 101

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
  -9,,769;4J4V9HU*677,9.63+05* 99
   (UU\HS9LWVY[
RSHUDWLRQVSURFHVVFRSSHUSURGXFHGDWWKH1RUWK$PHULFDPLQHVDQG
SXUFKDVHGFRSSHULQWRFRSSHUFDWKRGHURGDQGFXVWRPFRSSHU
VKDSHV$WWLPHVWKHVHRSHUDWLRQVUHÀQHFRSSHUDQGSURGXFHFRSSHU
URGDQGVKDSHVIRUFXVWRPHUVRQDWROOEDVLV7ROODUUDQJHPHQWV
UHTXLUHWKHWROOLQJFXVWRPHUWRGHOLYHUDSSURSULDWHFRSSHUEHDULQJ
PDWHULDOWR)&;ҋVIDFLOLWLHVIRUSURFHVVLQJLQWRDSURGXFWWKDWLV
UHWXUQHGWRWKHFXVWRPHUZKRSD\V)&;IRUSURFHVVLQJLWVPDWHULDO
LQWRWKHVSHFLÀHGSURGXFWV
Atlantic Copper Smelting & Refining. $WODQWLF&RSSHU)&;ҋV
ZKROO\RZQHGVPHOWLQJXQLWLQ6SDLQVPHOWVDQGUHÀQHVFRSSHU
FRQFHQWUDWHVDQGPDUNHWVUHÀQHGFRSSHUDQGSUHFLRXVPHWDOVLQ
VOLPHV37)UHHSRUW,QGRQHVLDVHOOVFRSSHUFRQFHQWUDWHDQGWKH6RXWK
$PHULFDPLQHVVHOOFRSSHUFRQFHQWUDWHDQGFDWKRGHWR$WODQWLF&RSSHU
Intersegment sales. ,QWHUVHJPHQWVDOHVEHWZHHQ)&;ҋVRSHUDWLRQV
DUHEDVHGRQVLPLODUDUPVOHQJWKWUDQVDFWLRQVZLWKWKLUGSDUWLHVDWWKH
WLPHRIWKHVDOH,QWHUVHJPHQWVDOHVPD\QRWEHUHÁHFWLYHRIWKH
DFWXDOSULFHVXOWLPDWHO\UHDOL]HGEHFDXVHRIDYDULHW\RIIDFWRUV
LQFOXGLQJDGGLWLRQDOSURFHVVLQJWLPLQJRIVDOHVWRXQDIÀOLDWHG
FXVWRPHUVDQGWUDQVSRUWDWLRQSUHPLXPV
Allocations. )&;DOORFDWHVFHUWDLQRSHUDWLQJFRVWVH[SHQVHVDQG
FDSLWDOH[SHQGLWXUHVWRWKHRSHUDWLQJGLYLVLRQVDQGLQGLYLGXDO
VHJPHQWV+RZHYHUQRWDOOFRVWVDQGH[SHQVHVDSSOLFDEOHWRDPLQH
RURSHUDWLRQDUHDOORFDWHG$OO86IHGHUDODQGVWDWHLQFRPHWD[HVDUH
UHFRUGHGDQGPDQDJHGDWWKHFRUSRUDWHOHYHOZKHUHDVIRUHLJQ
LQFRPHWD[HVDUHUHFRUGHG DQGPDQDJHGDWWKHDSSOLFDEOHPLQHRU
RSHUDWLRQ,QDGGLWLRQPRVWH[SORUDWLRQDQGUHVHDUFKDFWLYLWLHVDUH
PDQDJHGDWWKHFRUSRUDWHOHYHODQGWKRVHFRVWVDORQJZLWKVRPH
VHOOLQJJHQHUDODQGDGPLQLVWUDWLYHFRVWVDUHQRWDOORFDWHGWRWKH
RSHUDWLQJGLYLVLRQRUVHJPHQWV$FFRUGLQJO\WKHIROORZLQJVHJPHQW
LQIRUPDWLRQUHÁHFWVPDQDJHPHQWGHWHUPLQDWLRQVWKDWPD\QRWEH
LQGLFDWLYHRIZKDWWKHDFWXDOÀQDQFLDOSHUIRUPDQFHRIHDFKRSHUDWLQJ
GLYLVLRQRUVHJPHQWZRXOGEHLILWZDVDQLQGHSHQGHQWHQWLW\
Product Revenue
)&;UHYHQXHVDWWULEXWDEOHWRWKHSURGXFWVLWSURGXFHVIRUWKH\HDUV
HQGHG'HFHPEHUDQGIROORZ
  2009  
5HÀQHGFRSSHUSURGXFWV $6,563    
&RSSHULQFRQFHQWUDWHVD4,763    
*ROG  2,591    
0RO\EGHQXP  792    
2WKHU   331    
 7RWDO$15,040  
H (TV\U[ZHYLUL[VM[YLH[TLU[HUKYLÄUPUNJOHYNLZ[V[HSPUN TPSSPVUMVY  
TPSSPVUMVYHUKTPSSPVUMVY
Geographic Area
,QIRUPDWLRQFRQFHUQLQJÀQDQFLDOGDWDE\JHRJUDSKLFDUHDIRUWKH
\HDUVHQGHG'HFHPEHUDQGIROORZV
  2009  
5HYHQXHVD
8QLWHG6WDWHV$4,890    
 -DSDQ 3,093    
,QGRQHVLD  1,937    
 6SDLQ986    
,QGLD  566    
 &KLOH  563    
&KLQD  496    
 .RUHD  475    
2WKHUV  2,034    
  7RWDO$15,040  
H 9L]LU\LZHYLH[[YPI\[LK[VJV\U[YPLZIHZLKVU[OLSVJH[PVUVM[OLJ\Z[VTLY
  2009  
/RQJOLYHGDVVHWVD
8QLWHG6WDWHV$6,499   
,QGRQHVLD3,298    
 3HUX3,240    
'HPRFUDWLF5HSXEOLFRI&RQJR3,207    
 &KLOH 1,519    
 6SDLQ  277    
2WKHUV  50    
  7RWDO$18,090  
H 3VUNSP]LKHZZL[ZL_JS\KLKLMLYYLK[H_HZZL[ZNVVK^PSSHUKPU[HUNPISLHZZL[Z
Major Customers
6DOHVWR376PHOWLQJWRWDOHGELOOLRQSHUFHQWRI)&;ҋV
FRQVROLGDWHGUHYHQXHVLQ1RVLQJOHFXVWRPHUDFFRXQWHGIRU
SHUFHQWRUPRUHRI)&;ҋVFRQVROLGDWHGUHYHQXHVLQ6DOHVWR
376PHOWLQJWRWDOHGELOOLRQSHUFHQWRI)&;ҋVFRQVROLGDWHG
UHYHQXHVLQ5HIHUWR1RWHIRUIXUWKHUGLVFXVVLRQRI)&;ҋV
LQYHVWPHQWLQ37 6PHOWLQJ