Bidder's Statement - Peabody Energy
Bidder's Statement - Peabody Energy
Bidder's Statement - Peabody Energy
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Six months<br />
ended 30<br />
June 2011<br />
(US$ millions,<br />
except per<br />
share data)<br />
(Unaudited)<br />
Year ended<br />
31 Dec 2010<br />
(US$ millions,<br />
except per<br />
share data)<br />
(Audited)<br />
Year ended<br />
31 Dec 2009<br />
(US$ millions,<br />
except per<br />
share data)<br />
(Audited)<br />
Revenues 3,752.9 6,860.0 6,012.4<br />
Costs and expenses<br />
Operating costs and expenses 2,660.9 4,841.0 4,472.6<br />
Depreciation, depletion and amortization 214.1 440.9 405.2<br />
Asset retirement obligation expense 28.9 48.5 40.1<br />
Selling and administrative expenses 120.2 232.2 203.8<br />
Other operating (income) loss:<br />
Net gain on disposal or exchange of assets (29.7) (30.0) (23.2)<br />
Loss from equity affiliates 5.8 1.7 69.1<br />
Operating profit 752.7 1,325.7 844.8<br />
Interest expense 100.1 222.1 201.2<br />
Interest income (7.6) (9.6) (8.1)<br />
Income from continuing operations before income taxes 660.2 1,113.2 651.7<br />
Income tax provision 187.6 308.1 193.8<br />
Income from continuing operations, net of income taxes 472.6 805.1 457.9<br />
(Loss) income from discontinued operations, net of income taxes (1.7) (2.9) 5.1<br />
Net income 470.9 802.2 463.0<br />
Less: Net income attributable to noncontrolling interests 9.6 28.2 14.8<br />
Net income attributable to common stockholders 461.3 774.0 448.2<br />
Income from Continuing Operations<br />
Diluted earnings per share 1.70 2.86 1.64<br />
Net Income Attributable to Common Stockholders<br />
Diluted earnings per share 1.69 2.85 1.66<br />
(d) Commentary on historical results<br />
The consolidated financial statements presented in sections 4.5(b)<br />
and 4.5(c) include the accounts of <strong>Peabody</strong> <strong>Energy</strong> and its<br />
affiliates. All intercompany transactions, profits and balances have<br />
been eliminated in consolidation.<br />
4.6 Publicly available information about<br />
<strong>Peabody</strong> <strong>Energy</strong><br />
A substantial amount of information about <strong>Peabody</strong> <strong>Energy</strong><br />
and <strong>Peabody</strong> <strong>Energy</strong> Australia is available in electronic form from<br />
www.peabodyenergy.com.<br />
<strong>Peabody</strong> <strong>Energy</strong> also files annual, quarterly and event-driven current<br />
reports, and amendments to those reports, proxy statements and<br />
other information with the SEC. SEC filings may be accessed without<br />
charge in electronic form from www.peabodyenergy.com or the SEC’s<br />
website at www.sec.gov.<br />
Information on the websites referenced in this Bidder’s <strong>Statement</strong> do<br />
not constitute part of this Bidder’s <strong>Statement</strong>.<br />
19
Change language