Freeport-McMoRan 2006 Annual Report Download - page 39

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MANAGEMENT’S฀DISCUSSION฀AND฀ANALYSIS
 

 

 

 


Atlantic฀Copper฀Operating฀Results฀–฀2006฀Compared฀with฀2005




















































SMELTING฀AND฀REFINING฀OPERATIONS


























Atlantic฀Copper฀Operating฀Results
Years฀Ended฀December฀31,฀ 2006฀ 2005฀ 2004
(In฀Millions)
Gross฀profit฀(loss)฀ $฀ 90.0฀ $฀ 45.6฀ $฀ (69.4)
Add฀depreciation฀and฀amortization฀
฀ expense฀ ฀ 33.3฀ ฀ 29.0฀ ฀ 28.6
Other฀ ฀ ฀ (0.1)฀ ฀ 3.7฀ ฀ 16.4a
฀ Cash฀margin฀(deficit)฀ $฀ 123.2฀ $฀ 78.3฀ $฀ (24.4)b
Operating฀income฀(loss)฀(in฀millions)฀ $฀ 74.5฀ $฀ 34.8฀ $฀ (83.5)
Concentrate฀and฀scrap฀treated฀
฀ (metric฀tons)฀ ฀ 953,700฀ ฀ 975,400฀ ฀ 768,100
Anodes฀production฀(000s฀of฀pounds)฀ ฀ 581,300฀ ฀ 626,600฀ ฀ 494,400
Treatment฀rates฀per฀pound฀ $฀ 0.33฀ $฀ 0.23฀ $฀ 0.16
Cathodes฀sales฀(000s฀of฀pounds)฀ ฀ 529,200฀ ฀ 548,600฀ ฀ 479,200c
Cathode฀cash฀unit฀cost฀per฀poundd฀ $฀ 0.20฀ $฀ 0.17฀ $฀ 0.25
Gold฀sales฀in฀anodes฀and฀slimes฀
฀ (ounces)฀ ฀ 666,500฀ ฀ 542,800฀ ฀ 316,700
FINANCIAL฀&฀OPERATING฀INFORMATION 37