Annual Report 2000 in PDF - Antofagasta plc

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Consolidated Statement of Total Recognised Gains and LossesFor the year ended 31 December 2000US DollarsSterling2000 1999 2000 1999Note US$m US$m £m £mProfit for the financial year 138.2 15.9 90.7 9.7Exchange 1(e) 18.0 3.9 29.6 8.5Total gains and losses recognised during the year 156.2 19.8 120.3 18.2In 1999, the share of associates’ exchange included above amounted to less than US$0.1 million. The Group did not haveany associates in 2000.Note of Historical Cost Profits and LossesThe results as disclosed in the consolidated profit and loss account on pages 36 and 37, and for the Parent Company asdisclosed in Note 9, are not materially different from the results as calculated on an unmodified historical cost basis.ANTOFAGASTA PLC Annual Report 200038
Consolidated Balance SheetAt 31 December 2000US DollarsSterlingRestatedRestated2000 1999 2000 1999Notes US$m US$m £m £mFixed assetsTangible fixed assets 11 1,926.7 1,635.8 1,286.8 1,016.6Investments in associates 13 – 20.6 – 13.2Other investments 14 185.5 185.8 108.2 108.32,112.2 1,842.2 1,395.0 1,138.1Current assetsStocks 15 41.6 32.4 27.8 20.1Debtors 16 110.1 81.5 73.7 50.6Current asset investments 19(a) 297.1 328.4 198.9 204.0Cash at bank and in hand 19(a) 3.0 3.2 2.0 2.0____________________________________________________________________________________________________________________________________________________________________451.8 445.5 302.4 276.7____________________________________________________________________________________________________________________________________________________________________Creditors – amounts falling due within one yearTrade and other creditors 17 (87.1) (77.4) (58.3) (48.2)Loans 18 (92.2) (64.8) (61.7) (40.1)Dividends (64.0) (18.3) (44.4) (11.3)(243.3) (160.5) (164.4) (99.6)Net current assets 208.5 285.0 138.0 177.1Total assets less current liabilities 2,320.7 2,127.2 1,533.0 1,315.2Creditors – amounts falling due after more than one yearOther creditors 17 (28.5) – (19.1) –Loans 18 (1,003.5) (1,006.3) (671.8) (625.0)Provisions for liabilities and charges 20 (47.4) (17.3) (31.6) (10.7)1,241.3 1,103.6 810.5 679.5Capital and reservesCalled up share capitalPreference shares – non-equity 21 3.0 3.2 2.0 2.0Ordinary shares – equity 21 14.7 15.9 9.9 9.917.7 19.1 11.9 11.9Reserves – equityShare premium account 9 253.1 272.8 169.4 169.4Revaluation reserve 9 17.2 17.2 11.9 11.9Profit and loss account 9 660.5 578.2 421.3 351.9Shareholders’ funds (including non-equity interests) 22 948.5 887.3 614.5 545.1Minority interests – equity 292.8 216.3 196.0 134.41,241.3 1,103.6 810.5 679.5ANTOFAGASTA PLC Annual Report 2000Approved by the Board on 8 May 2001.39A A LuksicP J AdeaneDirectorsThe Notes on pages 42 to 75 form part of these financial statements.
Page 1 and 2: ANNUAL REPORT 2000
Page 3: Directors and AdvisorsDirectorsA A
Page 8: Chairman’s ReviewMININGMinera Los
Page 11 and 12: View of crushing facilitiesDome ove
Page 13: Harvesting cathodes from electrowin
Page 16 and 17: Chairman’s ReviewTRANSPORT ANDREA
Page 18 and 19: Chairman’s ReviewANTOFAGASTA PLC
Page 20 and 21: Financial ReviewBasis of Financial
Page 22 and 23: Financial ReviewIncome from Other F
Page 24 and 25: Financial ReviewCash Flows and Fina
Page 26 and 27: Production StatisticsFor the year e
Page 28 and 29: Report of the DirectorsThe Director
Page 30 and 31: Report of the DirectorsSpecial Busi
Page 32 and 33: Corporate GovernanceGiven its small
Page 34 and 35: Report on Remuneration and Related
Page 36 and 37: Auditors’ Report to the Members o
Page 38 and 39: Consolidated Profit and Loss Accoun
Page 42 and 43: Parent Company Balance SheetAt 31 D
Page 44 and 45: Notes to the Financial Statements1
Page 78 and 79: Five Year Summary - US DollarsConso
Page 80 and 81: Notice of MeetingAntofagasta plcNot
Page 82: Designed by RDA. Printed by Royle F

Annual Report 2000 in PDF - Antofagasta plc

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