Annual Report 2000 in PDF - Antofagasta plc

Five Year Summary – US DollarsConsolidated Balance Sheet2000 1999 1998 1997 1996US$m US$m US$m US$m US$mTangible fixed assets 1,926.7 1,635.8 950.8 367.5 335.3Investments 185.5 206.4 206.2 206.0 211.8Current assets 451.8 445.5 509.2 505.6 111.0Current liabilities (243.3) (160.5) (122.3) (69.0) (95.6)Total assets less current liabilities 2,320.7 2,127.2 1,543.9 1,010.1 562.5Long term liabilities (1,079.4) (1,023.6) (520.6) (65.5) (87.2)1,241.3 1,103.6 1,023.3 944.6 475.3Share capital 17.7 19.1 19.1 19.0 17.1Share premium 253.1 272.8 243.4 243.4 48.4Reserves 677.7 595.4 601.2 582.7 370.5Minority interests 292.8 216.3 159.6 99.5 39.31,241.3 1,103.6 1,023.3 944.6 475.3Consolidated Profit and Loss AccountTurnover 766.1 145.5 184.9 250.6 283.2Profit before tax and exceptional items 219.2 31.8 64.6 46.7 63.6Exceptional items 4.1 (18.6) (4.1) 192.7 0.9Profit before tax 223.3 13.2 60.5 239.4 64.5Tax (29.0) (1.9) (4.5) (5.2) (9.6)Minority interests (56.1) 4.6 0.3 (3.1) (8.9)Profit after tax and minority interests 138.2 15.9 56.3 231.1 46.0Earnings per ordinary share before exceptional items 68.2¢ 13.5¢ 30.9¢ 20.2¢ 28.1¢Earnings per ordinary share 70.0¢ 8.1¢ 29.6¢ 139.6¢ 28.6¢Dividends per ordinary share 37.37¢ 12.8¢ 12.0¢ 11.6¢ 10.2¢The dividend in 2000 includes a special dividend of 18.03 cents per share.ANTOFAGASTA PLC Annual Report 200076Consolidated Cash Flow StatementNet cash inflow from operating activities 326.6 4.3 27.9 85.9 68.6Dividends received from associates – 1.3 1.7 9.5 12.1Returns from investments and servicing of finance (42.6) (14.8) 31.5 (3.3) (6.9)Tax 1.1 (4.5) (0.8) (4.4) (14.0)Capital expenditure and financial investment (314.5) (600.6) (576.7) (101.5) (57.6)Acquisitions and disposals 0.9 – (4.0) 272.1 (66.3)Equity dividends paid (26.6) (24.3) (21.8) (17.7) (16.5)Cash outflow before management of liquid resourcesand financing (55.1) (638.6) (542.2) 240.6 (80.6)Management of liquid resources - movement in time deposits 40.2 55.4 40.0 (395.6) 39.4Net cash inflow from financing 17.8 582.7 504.3 151.5 42.2Net cash inflow/(outflow) in the year 2.9 (0.5) 2.1 (3.5) 1.0