Slide 1: Third Quarter 2012
Third Quarter 2012 November 1st, 2012 asdfasdf
Slide 2: Forward Looking Information
FORWARD LOOKING INFORMATION OVERVIEW OF RESULTS – Q3 2012 Both these slides and the accompanying oral presentation contain certain forward-looking statements and forward-looking information within the meaning of applicable securities laws. The forward looking statements include estimates, forecasts
Slide 3: Q3 2012 Highlights
Q3 2012 HIGHLIGHTS OVERVIEW OF RESULTS – Q3 2012 Strong production against Q3 2011 Revenue $725 million (up 12%) (1) Copper production 84.1k tonnes (up 43%) (1) Gold production 50.8k ounces (up 22%) Nickel production 9.9k tonnes including 1.9k tonnes from Kevitsa C1 Copper $1.44/lb for the
Slide 4: Production & Sales Volume
PRODUCTION & SALES VOLUME OVERVIEW OF RESULTS – Q3 2012 Production Q3 2012 Q3 2011 Q2 2012 Sales Volume Q3 2012 Q3 2011 Q2 2012 Copper (‘000 tonnes) 84.1 58.8 72.2 Copper (‘000 tonnes) 77.4 71.4 72.7 Nickel (‘000 tonnes) 9.9 - 8.2 Nickel (‘000 tonnes) 7.1 - 9.8 Gold (‘000 ounces) 50.8 41.5 44.3 Gold
Slide 5: Financial Overview
FINANCIAL OVERVIEW OVERVIEW OF RESULTS – Q3 2012 $ millions Q3 2012 Q3 2011 Q2 2012 Revenue 725 651 722 Gross Profit 261 323 275 Operating Profit 231 249 243 Comparative EBITDA 276 328 276 Comparative Earnings 107 139 142 Comparative EPS (Basic) ($) 0.23 0.30 0.30 Closing Cash 375 755 857 Copper C1
Slide 6: Operating Profit – Q3 2012 vs Q3 2011
OPERATING PROFIT – Q3 2012 VS Q3 2011 OVERVIEW OF RESULTS – Q3 2012 300 249 9 250 17 234 12 231 48 (16) (2) 200 (6) (62) $m 150 (18) 100 50 - Q3 2011 Price FX Convertible New Subtotal Sales Zambia Other Cash Exploration Non-Cash Q3 2012 Bond Costs Operations Volume Royalties Costs Costs (1) Lower Co
Slide 7: C1 Costs
C1 COSTS OVERVIEW OF RESULTS – Q3 2012 Group Copper C1 within market guidance Q3 2012 Q3 2011 Q2 2012 $/lb Group 1.44 1.52 1.53 Kansanshi 1.46 1.56 1.52 Guelb Moghrein 1.43 1.33 1.61 Kevitsa 0.11 N/A N/A Record Kansanshi production driving C1 Cost lower partially offset by higher sulphuric acid cons
Slide 8: Quarterly Net Cash Flow Movement
QUARTERLY NET CASH FLOW MOVEMENT OVERVIEW OF RESULTS – Q3 2012 $m Opening Net Cash at start of Quarter 817 EBITDA 276 Working Capital Movements (198) (1) Tax paid (184) Capital Expenditure (366) Dividends (30) Other 5 Net Cash Movement (497) Net Cash at end of Quarter 320 Comprising: Closing Cash 37