Freeport-McMoRan 2011 Annual Report Download - page 65

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2011 ANNUAL REPORT | 63
Henderson Molybdenum Mine Product Revenues and Production Costs
Years Ended December 31, 2011 2010 2009
a
(In millions)
Revenues, excluding adjustments $ 628 $ 637 $ 347
Site production and delivery, before net noncash
and other costs shown below 209 193 148
Treatment charges and other 33 43 30
Net cash costs 242 236 178
Depreciation, depletion and amortization 37 34 26
Noncash and other costs, net 2 1 1
Total costs 281 271 205
Gross profit
b
$ 347 $ 366 $ 142
Reconciliation to Amounts Reported
Depreciation,
Production Depletion and
Revenues and Delivery Amortization
Year Ended December 31, 2011
Totals presented above $ 628 $ 209 $ 37
Treatment charges and other (33) N/A N/A
Net noncash and other costs N/A 2 N/A
Henderson mine 595 211 37
Other molybdenum operations and eliminations
c
829 825 23
Molybdenum 1,424 1,036 60
North America copper mines 5,633 2,629 279
South America mining 5,258 1,905 258
Indonesia mining 5,046 1,902 215
Africa mining 1,289 591 140
Rod & Refining 5,549 5,527 8
Atlantic Copper Smelting & Refining 2,984 2,991 40
Corporate, other & eliminations (6,303) (6,683) 22
As reported in FCX’s consolidated financial statements $ 20,880 $ 9,898 $ 1,022
Year Ended December 31, 2010
Totals presented above $ 637 $ 193 $ 34
Treatment charges and other (43) N/A N/A
Net noncash and other costs N/A 1 N/A
Henderson mine 594 194 34
Other molybdenum operations and eliminations
c
611 590 17
Molybdenum 1,205 784 51
North America copper mines 4,173 2,052 273
South America mining 4,991 1,678 250
Indonesia mining 6,377 1,904 257
Africa mining 1,106 488 128
Rod & Refining 4,470 4,442 8
Atlantic Copper Smelting & Refining 2,491 2,470 38
Corporate, other & eliminations (5,831) (5,483) 31
As reported in FCX’s consolidated financial statements $ 18,982 $ 8,335 $ 1,036
MANAGEMENT’S DISCUSSION AND ANALYSIS