Annual Report 2000 in PDF - Antofagasta plc

Notes to the Financial Statements2 Segmental Informationa) Turnover by geographical destinationUS DollarsSterling2000 1999 2000 1999US$m US$m £m £mUK 5.7 7.9 3.7 4.9Rest of Europe 169.1 41.3 111.6 25.5Chile 78.2 45.7 51.6 28.3Rest of Latin America 54.9 33.2 36.2 20.5North America 38.4 2.8 25.4 1.7Asia Pacific/other 419.8 14.6 276.9 8.9766.1 145.5 505.4 89.8b) Turnover, profit before tax and net assets by class of business and geographical locationOperations are based in Latin America. Turnover, profit before tax and net assets can be analysed as follows. Net assetsare stated gross of minority interests.US Dollars2000 1999ProfitProfitTurnover before tax Net assets Turnover before tax Net assetsUS$m US$m US$m US$m US$m US$mMining 696.1 224.9 1,797.1 93.6 (9.2) 1,568.8Railway and other transport services– Continuing 57.9 19.3 90.7 51.9 19.2 86.2– Acquisition 12.1 1.8 27.6 – – –Turnover, operating profit beforeexceptional items and operating net assets 766.1 246.0 1,915.4 145.5 10.0 1,655.0Exceptional items affectingoperating profit (Note 4) – – (18.6) –ANTOFAGASTA PLC Annual Report 2000Operating profit and operating net assets 246.0 1,915.4 (8.6) 1,655.0Associates – Railway services – – 1.7 20.6Disposal of fixed assets 4.1 – – –Other fixed asset investments 31.5 185.5 5.4 185.8Net interest (payable)/receivable and net debt (58.3) (795.6) 14.7 (739.5)Unallocated liabilities – Group dividend – (64.0) – (18.3)Profit before tax and net assets 223.3 1,241.3 13.2 1,103.646