21. SEGMENTED INFORMATION
The company has six reportable segments: gold, zinc mines, zinc smelters, copper, coal, and corporate. The corporate segment includes the company’s investment, exploration and development activities and the elimination of inter-segment sales which are recorded at arm’s length prices. Segments include operations based upon the principal product produced. 2001 Zinc Zinc Smelters Mines Copper Gold
($ in millions)
Revenue Operating profit after depreciation Interest on long-term debt Depreciation and amortization Asset valuation writedowns Equity loss Property, plant and equipment Total assets Capital expenditures
$ 979 $ 516 244 (3) – – (43) (86) – – – – 1,240 1,141 1,719 1,576 75
75
Corporate Coal and Other
$308 $227 $412 39 35 87 – – – (51) (34) (11) – – – (1) – –
$ 14 (4) (77) (1) (169) –
InterSegment
Total
$(77) $2,379 4 402 – (77) – (226) – (169) – (1)
556 621
90 100
157 204
114 933
– –
3,298 5,153
129
53
14
–
–
346
2000 Zinc Zinc Smelters Mines Copper Gold
($ in millions)
Revenue Operating profit after depreciation Interest on long-term debt Depreciation and amortization Asset valuation writedowns Equity earnings Property, plant and equipment Total assets Capital expenditures
$ 343 $ 229 119 37 – – (16) (37) – – – – 926 1,048 1,296 1,473 19
46
Corporate Coal and Other
$167 $217 $261 19 52 16 – – – (45) (30) (8) – – – – – –
$
27 2 (57) (3) (6) 37
InterSegment
Total
$(38) $1,206 2 247 – (57) – (139) – (6) – 37
496 582
366 421
157 304
290 1,026
– –
3,283 5,102
8
106
21
11
–
211
The geographic distribution of the company’s property, plant and equipment and external sales revenue is as follows, with revenue attributed to regions based on the location of the customer: Property, Plant & Equipment 2001 2000
($ in millions)
Canada Australia Latin America United States Asia Europe Other
48
2000
$1,451 – 576 1,260 – – 11
$1,311 271 611 1,041 – – 49
$ 375 94 187 623 701 367 32
$ 252 86 83 277 320 183 5
$3,298
$3,283
$2,379
$1,206
48
66797_p34_p48_Fin.p65
Revenue 2001
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