Freeport-McMoRan 2006 Annual Report Download - page 80
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Please find page 80 of the 2006 Freeport-McMoRan annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.NOTESTOCONSOLIDATEDFINANCIALSTATEMENTS
Long-TermContractsandOperatingLeases.
SharePurchaseProgram.
ContingenciesforNon-IncomeTaxes.
ProposedAcquisitionofPhelpsDodge.
NOTE11.FINANCIALINSTRUMENTS
2006 2005
Carrying Fair Carrying Fair
Amount Value Amount Value
Commoditycontracts:
Opencontractsinassetposition $ — $ — $ 2,209 $ 2,209
Opencontractsinliabilityposition 5,346 5,346 — —
Embeddedderivativesinconcentratesalescontracts (126,732) (126,732) 38,583 38,583
Foreignexchangecontracts:
$U.S./Indonesianrupiah — — 1,762 1,762
Long-termdebt (680,115) (710,459) (1,255,948) (1,619,522)
78 FREEPORT-McMoRanCOPPER&GOLDINC.2006AnnualReport