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0 g
( )Tj
ET
0.934 g
48.21 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 48.21 794.25 Tm
0 g
( )Tj
ET
0.934 g
59.49 803.37 269.28 -11.04 re
f
BT
10.079 0 0 10.079 59.49 794.25 Tm
0 g
(Iron ore)Tj
ET
0.934 g
329.01 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 794.25 Tm
0 g
( )Tj
ET
0.934 g
340.29 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 346.53 794.25 Tm
0 g
($)Tj
ET
0.934 g
351.57 803.37 27.6 -11.04 re
f
BT
10.079 0 0 10.079 356.61 794.25 Tm
0 g
(135.9)Tj
ET
0.934 g
379.41 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 794.25 Tm
0 g
( )Tj
ET
0.934 g
390.69 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 794.25 Tm
0 g
( )Tj
ET
0.934 g
401.97 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 408.21 794.25 Tm
0 g
($)Tj
ET
0.934 g
413.25 803.37 27.6 -11.04 re
f
BT
10.079 0 0 10.079 423.33 794.25 Tm
0 g
(79.7)Tj
ET
0.934 g
441.09 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 794.25 Tm
0 g
( )Tj
ET
0.934 g
452.37 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 794.25 Tm
0 g
( )Tj
ET
0.934 g
463.65 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 469.89 794.25 Tm
0 g
($)Tj
ET
0.934 g
474.93 803.37 27.6 -11.04 re
f
BT
10.079 0 0 10.079 479.97 794.25 Tm
0 g
(183.8)Tj
ET
0.934 g
502.77 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 794.25 Tm
0 g
( )Tj
ET
0.934 g
514.05 803.37 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 794.25 Tm
0 g
( )Tj
ET
0.934 g
525.33 803.37 11.28 -11.04 re
f
BT
10.079 0 0 10.079 531.8099 794.25 Tm
0 g
($)Tj
ET
0.934 g
536.85 803.37 27.6 -11.04 re
f
BT
10.079 0 0 10.079 541.89 794.25 Tm
0 g
(100.0)Tj
ET
0.934 g
564.69 803.37 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 794.25 Tm
0 g
( )Tj
-53.4813 -1.2144 TD
0.8692 Tc
[(   H)869.3(B)869.3(I)-24149.6(  )-2762.1(   )-1500.1(3)869.2(.)869.2(7)857.1(    )-1643(   )-1523.9(3)869.2(.)869.2(7)857.1( )]TJ
0 -1.1191 TD
29.8481 Tc
[(  )28978.9( )]TJ
ET
0.5 g
351.57 774.57 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 770.73 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 774.57 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 770.73 Tm
0 g
(   )Tj
ET
0.5 g
474.93 774.57 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 770.73 Tm
0 g
(   )Tj
ET
0.5 g
536.85 774.57 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 770.73 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 25.65 759.4501 Tm
0 g
( )Tj
ET
0.934 g
36.93 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 36.93 759.4501 Tm
0 g
( )Tj
ET
0.934 g
48.21 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 48.21 759.4501 Tm
0 g
( )Tj
ET
0.934 g
59.49 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 59.49 759.4501 Tm
0 g
( )Tj
ET
0.934 g
70.77 768.57 258 -11.04 re
f
BT
10.079 0 0 10.079 70.77 759.4501 Tm
0 g
(Total)Tj
ET
0.934 g
329.01 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 759.4501 Tm
0 g
( )Tj
ET
0.934 g
340.29 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 759.4501 Tm
0 g
( )Tj
ET
0.934 g
351.57 768.57 27.6 -11.04 re
f
BT
10.079 0 0 10.079 356.61 759.4501 Tm
0 g
(135.9)Tj
ET
0.934 g
379.41 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 759.4501 Tm
0 g
( )Tj
ET
0.934 g
390.69 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 759.4501 Tm
0 g
( )Tj
ET
0.934 g
401.97 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 759.4501 Tm
0 g
( )Tj
ET
0.934 g
413.25 768.57 27.6 -11.04 re
f
BT
10.079 0 0 10.079 423.33 759.4501 Tm
0 g
(83.4)Tj
ET
0.934 g
441.09 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 759.4501 Tm
0 g
( )Tj
ET
0.934 g
452.37 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 759.4501 Tm
0 g
( )Tj
ET
0.934 g
463.65 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 759.4501 Tm
0 g
( )Tj
ET
0.934 g
474.93 768.57 27.6 -11.04 re
f
BT
10.079 0 0 10.079 479.97 759.4501 Tm
0 g
(183.8)Tj
ET
0.934 g
502.77 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 759.4501 Tm
0 g
( )Tj
ET
0.934 g
514.05 768.57 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 759.4501 Tm
0 g
( )Tj
ET
0.934 g
525.33 768.57 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 759.4501 Tm
0 g
( )Tj
ET
0.934 g
536.85 768.57 27.6 -11.04 re
f
BT
10.079 0 0 10.079 541.89 759.4501 Tm
0 g
(103.7)Tj
ET
0.934 g
564.69 768.57 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 759.4501 Tm
0 g
( )Tj
-53.4813 -1.2144 TD
0.8692 Tw
[(   Freight )869.2(and )869.2(minority )869.2(interest)-15269.7(  )-1000(16.7)-12.2(   )-1500.1(3.4)-12.1(   )-1000.1(23.8)-12.2(   )-1523.9(4.0)-12.1( )]TJ
0 -1.1192 TD
29.8481 Tc
0 Tw
[(  )28978.9( )]TJ
ET
0.5 g
351.57 739.77 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 735.9301 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 739.77 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 735.9301 Tm
0 g
(   )Tj
ET
0.5 g
474.93 739.77 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 735.9301 Tm
0 g
(   )Tj
ET
0.5 g
536.85 739.77 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 735.9301 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 25.65 724.6501 Tm
0 g
( )Tj
ET
0.934 g
36.93 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 36.93 724.6501 Tm
0 g
( )Tj
ET
0.934 g
48.21 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 48.21 724.6501 Tm
0 g
( )Tj
ET
0.934 g
59.49 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 59.49 724.6501 Tm
0 g
( )Tj
ET
0.934 g
70.77 733.77 258 -11.04 re
f
BT
10.079 0 0 10.079 70.77 724.6501 Tm
0 g
(Total Product Sales and Services)Tj
ET
0.934 g
329.01 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 724.6501 Tm
0 g
( )Tj
ET
0.934 g
340.29 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 724.6501 Tm
0 g
( )Tj
ET
0.934 g
351.57 733.77 27.6 -11.04 re
f
BT
10.079 0 0 10.079 356.61 724.6501 Tm
0 g
(152.6)Tj
ET
0.934 g
379.41 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 724.6501 Tm
0 g
( )Tj
ET
0.934 g
390.69 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 724.6501 Tm
0 g
( )Tj
ET
0.934 g
401.97 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 724.6501 Tm
0 g
( )Tj
ET
0.934 g
413.25 733.77 27.6 -11.04 re
f
BT
10.079 0 0 10.079 423.33 724.6501 Tm
0 g
(86.8)Tj
ET
0.934 g
441.09 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 724.6501 Tm
0 g
( )Tj
ET
0.934 g
452.37 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 724.6501 Tm
0 g
( )Tj
ET
0.934 g
463.65 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 724.6501 Tm
0 g
( )Tj
ET
0.934 g
474.93 733.77 27.6 -11.04 re
f
BT
10.079 0 0 10.079 479.97 724.6501 Tm
0 g
(207.6)Tj
ET
0.934 g
502.77 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 724.6501 Tm
0 g
( )Tj
ET
0.934 g
514.05 733.77 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 724.6501 Tm
0 g
( )Tj
ET
0.934 g
525.33 733.77 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 724.6501 Tm
0 g
( )Tj
ET
0.934 g
536.85 733.77 27.6 -11.04 re
f
BT
10.079 0 0 10.079 541.89 724.6501 Tm
0 g
(107.7)Tj
ET
0.934 g
564.69 733.77 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 724.6501 Tm
0 g
( )Tj
-53.4813 -1.2144 TD
0.8692 Tw
[( Royalties )869.2(and )869.2(management )869.2(fees)-16288.1(  )-1500.1(3.3)-12.1(   )-1500.1(6.9)-12.1(   )-1500.1(4.6)-12.1(   )-1023.9(14.8)-12.2( )]TJ
0 -1.1191 TD
29.8481 Tc
0 Tw
[(  )28978.9( )]TJ
ET
0.5 g
351.57 704.97 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 701.1301 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 704.97 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 701.1301 Tm
0 g
(   )Tj
ET
0.5 g
474.93 704.97 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 701.1301 Tm
0 g
(   )Tj
ET
0.5 g
536.85 704.97 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 701.1301 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 25.65 689.8501 Tm
0 g
( )Tj
ET
0.934 g
36.93 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 36.93 689.8501 Tm
0 g
( )Tj
ET
0.934 g
48.21 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 48.21 689.8501 Tm
0 g
( )Tj
ET
0.934 g
59.49 698.97 269.28 -11.04 re
f
BT
10.079 0 0 10.079 59.49 689.8501 Tm
0 g
(Total Operating Revenues)Tj
ET
0.934 g
329.01 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 689.8501 Tm
0 g
( )Tj
ET
0.934 g
340.29 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 689.8501 Tm
0 g
( )Tj
ET
0.934 g
351.57 698.97 27.6 -11.04 re
f
BT
10.079 0 0 10.079 356.61 689.8501 Tm
0 g
(155.9)Tj
ET
0.934 g
379.41 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 689.8501 Tm
0 g
( )Tj
ET
0.934 g
390.69 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 689.8501 Tm
0 g
( )Tj
ET
0.934 g
401.97 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 689.8501 Tm
0 g
( )Tj
ET
0.934 g
413.25 698.97 27.6 -11.04 re
f
BT
10.079 0 0 10.079 423.33 689.8501 Tm
0 g
(93.7)Tj
ET
0.934 g
441.09 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 689.8501 Tm
0 g
( )Tj
ET
0.934 g
452.37 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 689.8501 Tm
0 g
( )Tj
ET
0.934 g
463.65 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 689.8501 Tm
0 g
( )Tj
ET
0.934 g
474.93 698.97 27.6 -11.04 re
f
BT
10.079 0 0 10.079 479.97 689.8501 Tm
0 g
(212.2)Tj
ET
0.934 g
502.77 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 689.8501 Tm
0 g
( )Tj
ET
0.934 g
514.05 698.97 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 689.8501 Tm
0 g
( )Tj
ET
0.934 g
525.33 698.97 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 689.8501 Tm
0 g
( )Tj
ET
0.934 g
536.85 698.97 27.6 -11.04 re
f
BT
10.079 0 0 10.079 541.89 689.8501 Tm
0 g
(122.5)Tj
ET
0.934 g
564.69 698.97 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 689.8501 Tm
0 g
( )Tj
-53.4813 -1.2144 TD
0.8692 Tw
[( Interest )869.2(income)-22786.5(  )-2000.1(.9)-12(   )-2000.1(.9)-12(   )-1500.1(2.0)-12.1(   )-1523.9(2.0)-12.1( )]TJ
ET
0.934 g
25.65 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 25.65 665.3701 Tm
0 g
0 Tw
( )Tj
ET
0.934 g
36.93 674.49 291.84 -11.04 re
f
BT
10.079 0 0 10.079 36.93 665.3701 Tm
0 g
(Other income)Tj
ET
0.934 g
329.01 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 665.3701 Tm
0 g
( )Tj
ET
0.934 g
340.29 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 665.3701 Tm
0 g
( )Tj
ET
0.934 g
351.57 674.49 27.6 -11.04 re
f
BT
10.079 0 0 10.079 366.69 665.3701 Tm
0 g
(2.6)Tj
ET
0.934 g
379.41 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 665.3701 Tm
0 g
( )Tj
ET
0.934 g
390.69 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 665.3701 Tm
0 g
( )Tj
ET
0.934 g
401.97 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 665.3701 Tm
0 g
( )Tj
ET
0.934 g
413.25 674.49 27.6 -11.04 re
f
BT
10.079 0 0 10.079 428.37 665.3701 Tm
0 g
(2.2)Tj
ET
0.934 g
441.09 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 665.3701 Tm
0 g
( )Tj
ET
0.934 g
452.37 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 665.3701 Tm
0 g
( )Tj
ET
0.934 g
463.65 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 665.3701 Tm
0 g
( )Tj
ET
0.934 g
474.93 674.49 27.6 -11.04 re
f
BT
10.079 0 0 10.079 490.05 665.3701 Tm
0 g
(5.9)Tj
ET
0.934 g
502.77 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 665.3701 Tm
0 g
( )Tj
ET
0.934 g
514.05 674.49 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 665.3701 Tm
0 g
( )Tj
ET
0.934 g
525.33 674.49 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 665.3701 Tm
0 g
( )Tj
ET
0.934 g
536.85 674.49 27.6 -11.04 re
f
BT
10.079 0 0 10.079 551.97 665.3701 Tm
0 g
(4.6)Tj
ET
0.934 g
564.69 674.49 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 665.3701 Tm
0 g
( )Tj
-53.4813 -1.1192 TD
29.8481 Tc
[(  )28978.9( )]TJ
ET
0.5 g
351.57 657.93 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 654.0901 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 657.93 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 654.0901 Tm
0 g
(   )Tj
ET
0.5 g
474.93 657.93 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 654.0901 Tm
0 g
(   )Tj
ET
0.5 g
536.85 657.93 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 654.0901 Tm
0 g
0 Tc
( )Tj
-53.4813 -1.1192 TD
0.8692 Tw
[(   Total )869.2(Revenues)-20492.2(  )-500(159.4)-12.3(   )-1000.1(96.8)-12.2(   )-500(220.1)-12.3(   )-523.8(129.1)-12.3( )]TJ
ET
0.934 g
25.65 639.69 303.12 -11.04 re
f
BT
10.079 0 0 10.079 25.65 630.5701 Tm
0 g
-0.0001 Tc
0.0001 Tw
(COSTS AND EXPENSES)Tj
ET
0.934 g
329.01 639.69 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 630.5701 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
340.29 639.69 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 630.5701 Tm
0 g
( )Tj
ET
0.934 g
351.57 639.69 27.6 -11.04 re
f
BT
10.079 0 0 10.079 351.57 630.5701 Tm
0 g
( )Tj
ET
0.934 g
379.41 639.69 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 630.5701 Tm
0 g
( )Tj
ET
0.934 g
390.69 639.69 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 630.5701 Tm
0 g
( )Tj
ET
0.934 g
401.97 639.69 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 630.5701 Tm
0 g
( )Tj
ET
0.934 g
413.25 639.69 27.6 -11.04 re
f
BT
10.079 0 0 10.079 413.25 630.5701 Tm
0 g
( )Tj
ET
0.934 g
441.09 639.69 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 630.5701 Tm
0 g
( )Tj
ET
0.934 g
452.37 639.69 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 630.5701 Tm
0 g
( )Tj
ET
0.934 g
463.65 639.69 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 630.5701 Tm
0 g
( )Tj
ET
0.934 g
474.93 639.69 27.6 -11.04 re
f
BT
10.079 0 0 10.079 474.93 630.5701 Tm
0 g
( )Tj
ET
0.934 g
502.77 639.69 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 630.5701 Tm
0 g
( )Tj
ET
0.934 g
514.05 639.69 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 630.5701 Tm
0 g
( )Tj
ET
0.934 g
525.33 639.69 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 630.5701 Tm
0 g
( )Tj
ET
0.934 g
536.85 639.69 27.6 -11.04 re
f
BT
10.079 0 0 10.079 536.85 630.5701 Tm
0 g
( )Tj
ET
0.934 g
564.69 639.69 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 630.5701 Tm
0 g
( )Tj
-53.4813 -1.2144 TD
0.8692 Tw
[( Cost )869.2(of )869.2(goods )869.2(sold )869.2(and )869.2(operating )869.2(expenses)-11926.5(   )-1643(    )-1643(    )-1643(   )-23.8( )-1643( )]TJ
ET
0.934 g
25.65 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 25.65 606.0901 Tm
0 g
0 Tw
( )Tj
ET
0.934 g
36.93 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 36.93 606.0901 Tm
0 g
( )Tj
ET
0.934 g
48.21 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 48.21 606.0901 Tm
0 g
( )Tj
ET
0.934 g
59.49 615.21 269.28 -11.04 re
f
BT
10.079 0 0 10.079 59.49 606.0901 Tm
0 g
(Iron ore)Tj
ET
0.934 g
329.01 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 606.0901 Tm
0 g
( )Tj
ET
0.934 g
340.29 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 606.0901 Tm
0 g
( )Tj
ET
0.934 g
351.57 615.21 27.6 -11.04 re
f
BT
10.079 0 0 10.079 356.61 606.0901 Tm
0 g
(152.5)Tj
ET
0.934 g
379.41 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 606.0901 Tm
0 g
( )Tj
ET
0.934 g
390.69 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 606.0901 Tm
0 g
( )Tj
ET
0.934 g
401.97 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 606.0901 Tm
0 g
( )Tj
ET
0.934 g
413.25 615.21 27.6 -11.04 re
f
BT
10.079 0 0 10.079 418.29 606.0901 Tm
0 g
(101.0)Tj
ET
0.934 g
441.09 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 606.0901 Tm
0 g
( )Tj
ET
0.934 g
452.37 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 606.0901 Tm
0 g
( )Tj
ET
0.934 g
463.65 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 606.0901 Tm
0 g
( )Tj
ET
0.934 g
474.93 615.21 27.6 -11.04 re
f
BT
10.079 0 0 10.079 479.97 606.0901 Tm
0 g
(222.9)Tj
ET
0.934 g
502.77 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 606.0901 Tm
0 g
( )Tj
ET
0.934 g
514.05 615.21 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 606.0901 Tm
0 g
( )Tj
ET
0.934 g
525.33 615.21 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 606.0901 Tm
0 g
( )Tj
ET
0.934 g
536.85 615.21 27.6 -11.04 re
f
BT
10.079 0 0 10.079 541.89 606.0901 Tm
0 g
(136.1)Tj
ET
0.934 g
564.69 615.21 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 606.0901 Tm
0 g
( )Tj
-53.4813 -1.2144 TD
0.8692 Tw
[(   HBI)-25018.8(   )-1643(   )-1000.1(10.3)-12.2(    )-1643(   )-1023.9(10.3)-12.2( )]TJ
0 -1.1192 TD
29.8481 Tc
0 Tw
[(  )28978.9( )]TJ
ET
0.5 g
351.57 586.41 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 582.5701 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 586.41 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 582.5701 Tm
0 g
(   )Tj
ET
0.5 g
474.93 586.41 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 582.5701 Tm
0 g
(   )Tj
ET
0.5 g
536.85 586.41 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 582.5701 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 25.65 571.29 Tm
0 g
( )Tj
ET
0.934 g
36.93 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 36.93 571.29 Tm
0 g
( )Tj
ET
0.934 g
48.21 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 48.21 571.29 Tm
0 g
( )Tj
ET
0.934 g
59.49 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 59.49 571.29 Tm
0 g
( )Tj
ET
0.934 g
70.77 580.41 258 -11.04 re
f
BT
10.079 0 0 10.079 70.77 571.29 Tm
0 g
(Total)Tj
ET
0.934 g
329.01 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 571.29 Tm
0 g
( )Tj
ET
0.934 g
340.29 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 571.29 Tm
0 g
( )Tj
ET
0.934 g
351.57 580.41 27.6 -11.04 re
f
BT
10.079 0 0 10.079 356.61 571.29 Tm
0 g
(152.5)Tj
ET
0.934 g
379.41 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 571.29 Tm
0 g
( )Tj
ET
0.934 g
390.69 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 571.29 Tm
0 g
( )Tj
ET
0.934 g
401.97 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 571.29 Tm
0 g
( )Tj
ET
0.934 g
413.25 580.41 27.6 -11.04 re
f
BT
10.079 0 0 10.079 418.29 571.29 Tm
0 g
(111.3)Tj
ET
0.934 g
441.09 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 571.29 Tm
0 g
( )Tj
ET
0.934 g
452.37 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 571.29 Tm
0 g
( )Tj
ET
0.934 g
463.65 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 571.29 Tm
0 g
( )Tj
ET
0.934 g
474.93 580.41 27.6 -11.04 re
f
BT
10.079 0 0 10.079 479.97 571.29 Tm
0 g
(222.9)Tj
ET
0.934 g
502.77 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 571.29 Tm
0 g
( )Tj
ET
0.934 g
514.05 580.41 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 571.29 Tm
0 g
( )Tj
ET
0.934 g
525.33 580.41 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 571.29 Tm
0 g
( )Tj
ET
0.934 g
536.85 580.41 27.6 -11.04 re
f
BT
10.079 0 0 10.079 541.89 571.29 Tm
0 g
(146.4)Tj
ET
0.934 g
564.69 580.41 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 571.29 Tm
0 g
( )Tj
-53.4813 -1.2144 TD
0.8692 Tw
[( Administrative, )869.2(selling )869.2(and )869.2(general )869.2(expenses)-11066.5(  )-1500.1(6.8)-12.1(   )-1500.1(5.2)-12.1(   )-1000.1(10.8)-12.2(   )-1523.9(8.0)-12.1( )]TJ
ET
0.934 g
25.65 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 25.65 546.8101 Tm
0 g
0 Tw
( )Tj
ET
0.934 g
36.93 555.93 291.84 -11.04 re
f
BT
10.079 0 0 10.079 36.93 546.8101 Tm
0 g
(Idle expense and pre-operating loss of Cliffs and Associates Limited)Tj
ET
0.934 g
329.01 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 546.8101 Tm
0 g
( )Tj
ET
0.934 g
340.29 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 546.8101 Tm
0 g
( )Tj
ET
0.934 g
351.57 555.93 27.6 -11.04 re
f
BT
10.079 0 0 10.079 366.69 546.8101 Tm
0 g
(2.5)Tj
ET
0.934 g
379.41 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 546.8101 Tm
0 g
( )Tj
ET
0.934 g
390.69 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 546.8101 Tm
0 g
( )Tj
ET
0.934 g
401.97 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 546.8101 Tm
0 g
( )Tj
ET
0.934 g
413.25 555.93 27.6 -11.04 re
f
BT
10.079 0 0 10.079 413.25 546.8101 Tm
0 g
( )Tj
ET
0.934 g
441.09 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 546.8101 Tm
0 g
( )Tj
ET
0.934 g
452.37 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 546.8101 Tm
0 g
( )Tj
ET
0.934 g
463.65 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 546.8101 Tm
0 g
( )Tj
ET
0.934 g
474.93 555.93 27.6 -11.04 re
f
BT
10.079 0 0 10.079 490.05 546.8101 Tm
0 g
(5.8)Tj
ET
0.934 g
502.77 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 546.8101 Tm
0 g
( )Tj
ET
0.934 g
514.05 555.93 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 546.8101 Tm
0 g
( )Tj
ET
0.934 g
525.33 555.93 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 546.8101 Tm
0 g
( )Tj
ET
0.934 g
536.85 555.93 27.6 -11.04 re
f
BT
10.079 0 0 10.079 551.97 546.8101 Tm
0 g
(5.8)Tj
ET
0.934 g
564.69 555.93 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 546.8101 Tm
0 g
( )Tj
-53.4813 -1.2144 TD
0.8692 Tw
[( Interest )869.2(expense)-22509.5(  )-1500.1(2.0)-12.1(   )-1500.1(2.5)-12.1(   )-1500.1(3.9)-12.1(   )-1523.9(4.6)-12.1( )]TJ
ET
0.934 g
25.65 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 25.65 522.3301 Tm
0 g
0 Tw
( )Tj
ET
0.934 g
36.93 531.45 291.84 -11.04 re
f
BT
10.079 0 0 10.079 36.93 522.3301 Tm
0 g
(Other expenses)Tj
ET
0.934 g
329.01 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 522.3301 Tm
0 g
( )Tj
ET
0.934 g
340.29 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 522.3301 Tm
0 g
( )Tj
ET
0.934 g
351.57 531.45 27.6 -11.04 re
f
BT
10.079 0 0 10.079 366.69 522.3301 Tm
0 g
(1.8)Tj
ET
0.934 g
379.41 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 522.3301 Tm
0 g
( )Tj
ET
0.934 g
390.69 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 522.3301 Tm
0 g
( )Tj
ET
0.934 g
401.97 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 522.3301 Tm
0 g
( )Tj
ET
0.934 g
413.25 531.45 27.6 -11.04 re
f
BT
10.079 0 0 10.079 428.37 522.3301 Tm
0 g
(1.4)Tj
ET
0.934 g
441.09 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 522.3301 Tm
0 g
( )Tj
ET
0.934 g
452.37 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 522.3301 Tm
0 g
( )Tj
ET
0.934 g
463.65 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 522.3301 Tm
0 g
( )Tj
ET
0.934 g
474.93 531.45 27.6 -11.04 re
f
BT
10.079 0 0 10.079 490.05 522.3301 Tm
0 g
(3.1)Tj
ET
0.934 g
502.77 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 522.3301 Tm
0 g
( )Tj
ET
0.934 g
514.05 531.45 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 522.3301 Tm
0 g
( )Tj
ET
0.934 g
525.33 531.45 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 522.3301 Tm
0 g
( )Tj
ET
0.934 g
536.85 531.45 27.6 -11.04 re
f
BT
10.079 0 0 10.079 551.97 522.3301 Tm
0 g
(3.9)Tj
ET
0.934 g
564.69 531.45 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 522.3301 Tm
0 g
( )Tj
-53.4813 -1.1192 TD
29.8481 Tc
[(  )28978.9( )]TJ
ET
0.5 g
351.57 514.89 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 511.05 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 514.89 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 511.05 Tm
0 g
(   )Tj
ET
0.5 g
474.93 514.89 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 511.05 Tm
0 g
(   )Tj
ET
0.5 g
536.85 514.89 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 511.05 Tm
0 g
0 Tc
( )Tj
-53.4813 -1.1192 TD
0.8692 Tw
[(   Total )869.2(Costs )869.2(and )869.2(Expenses)-16436.5(  )-500(165.6)-12.3(   )-500(120.4)-12.3(   )-500(246.5)-12.3(   )-523.8(168.7)-12.3( )]TJ
T*
29.8481 Tc
0 Tw
[(  )28978.9( )]TJ
ET
0.5 g
351.57 492.33 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 488.4901 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 492.33 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 488.4901 Tm
0 g
(   )Tj
ET
0.5 g
474.93 492.33 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 488.4901 Tm
0 g
(   )Tj
ET
0.5 g
536.85 492.33 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 488.4901 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 486.33 303.12 -22.32 re
f
BT
10.079 0 0 10.079 25.65 477.2101 Tm
0 g
-0.0001 Tc
0.0001 Tw
(LOSS BEFORE INCOME TAXES, MINORITY INTEREST AND )Tj
0.7382 -1.1192 TD
(CUMULATIVE EFFECT OF ACCOUNTING CHANGE)Tj
ET
0.934 g
329.01 486.33 11.04 -22.32 re
f
BT
10.079 0 0 10.079 329.01 465.9301 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
340.29 486.33 11.04 -22.32 re
f
BT
10.079 0 0 10.079 348.93 465.9301 Tm
0 g
( )Tj
ET
0.934 g
351.57 486.33 27.6 -22.32 re
f
BT
10.079 0 0 10.079 363.33 465.9301 Tm
0 g
(\(6.2)Tj
ET
0.934 g
379.41 486.33 11.04 -22.32 re
f
BT
10.079 0 0 10.079 379.41 465.9301 Tm
0 g
(\))Tj
ET
0.934 g
390.69 486.33 11.04 -22.32 re
f
BT
10.079 0 0 10.079 390.69 465.9301 Tm
0 g
( )Tj
ET
0.934 g
401.97 486.33 11.04 -22.32 re
f
BT
10.079 0 0 10.079 410.61 465.9301 Tm
0 g
( )Tj
ET
0.934 g
413.25 486.33 27.6 -22.32 re
f
BT
10.079 0 0 10.079 419.97 465.9301 Tm
0 g
(\(23.6)Tj
ET
0.934 g
441.09 486.33 11.04 -22.32 re
f
BT
10.079 0 0 10.079 441.09 465.9301 Tm
0 g
(\))Tj
ET
0.934 g
452.37 486.33 11.04 -22.32 re
f
BT
10.079 0 0 10.079 452.37 465.9301 Tm
0 g
( )Tj
ET
0.934 g
463.65 486.33 11.04 -22.32 re
f
BT
10.079 0 0 10.079 472.29 465.9301 Tm
0 g
( )Tj
ET
0.934 g
474.93 486.33 27.6 -22.32 re
f
BT
10.079 0 0 10.079 481.65 465.9301 Tm
0 g
(\(26.4)Tj
ET
0.934 g
502.77 486.33 11.04 -22.32 re
f
BT
10.079 0 0 10.079 502.77 465.9301 Tm
0 g
(\))Tj
ET
0.934 g
514.05 486.33 11.04 -22.32 re
f
BT
10.079 0 0 10.079 514.0499 465.9301 Tm
0 g
( )Tj
ET
0.934 g
525.33 486.33 11.28 -22.32 re
f
BT
10.079 0 0 10.079 534.21 465.9301 Tm
0 g
( )Tj
ET
0.934 g
536.85 486.33 27.6 -22.32 re
f
BT
10.079 0 0 10.079 543.5699 465.9301 Tm
0 g
(\(39.6)Tj
ET
0.934 g
564.69 486.33 11.28 -22.32 re
f
BT
10.079 0 0 10.079 564.6899 465.9301 Tm
0 g
(\))Tj
-53.4813 -1.2144 TD
1.7264 Tw
[(INCOME )1726.4(TAXES )1726.4(\(CREDIT\))-18156.2(  )547.7(\(6.2)-12.5(\))-786.2(  )547.7(\(7.1)-12.5(\))-786.2(  )1047.7(\(12.9)-12.6(\))-786.2( )-23.8( )1047.7(\(12.3)-12.6(\))]TJ
0 -1.1192 TD
29.8481 Tc
0 Tw
[(  )28978.9( )]TJ
ET
0.5 g
351.57 446.25 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 442.4101 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 446.25 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 442.4101 Tm
0 g
(   )Tj
ET
0.5 g
474.93 446.25 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 442.4101 Tm
0 g
(   )Tj
ET
0.5 g
536.85 446.25 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 442.4101 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 440.25 303.12 -22.32 re
f
BT
10.079 0 0 10.079 25.65 431.1301 Tm
0 g
-0.0001 Tc
0.0001 Tw
(LOSS BEFORE MINORITY INTEREST AND CUMULATIVE EFFECT )Tj
0.7382 -1.1192 TD
(OF ACCOUNTING CHANGE)Tj
ET
0.934 g
329.01 440.25 11.04 -22.32 re
f
BT
10.079 0 0 10.079 329.01 419.8501 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
340.29 440.25 11.04 -22.32 re
f
BT
10.079 0 0 10.079 340.29 419.8501 Tm
0 g
( )Tj
ET
0.934 g
351.57 440.25 27.6 -22.32 re
f
BT
10.079 0 0 10.079 351.57 419.8501 Tm
0 g
( )Tj
ET
0.934 g
379.41 440.25 11.04 -22.32 re
f
BT
10.079 0 0 10.079 379.41 419.8501 Tm
0 g
( )Tj
ET
0.934 g
390.69 440.25 11.04 -22.32 re
f
BT
10.079 0 0 10.079 390.69 419.8501 Tm
0 g
( )Tj
ET
0.934 g
401.97 440.25 11.04 -22.32 re
f
BT
10.079 0 0 10.079 410.61 419.8501 Tm
0 g
( )Tj
ET
0.934 g
413.25 440.25 27.6 -22.32 re
f
BT
10.079 0 0 10.079 419.97 419.8501 Tm
0 g
(\(16.5)Tj
ET
0.934 g
441.09 440.25 11.04 -22.32 re
f
BT
10.079 0 0 10.079 441.09 419.8501 Tm
0 g
(\))Tj
ET
0.934 g
452.37 440.25 11.04 -22.32 re
f
BT
10.079 0 0 10.079 452.37 419.8501 Tm
0 g
( )Tj
ET
0.934 g
463.65 440.25 11.04 -22.32 re
f
BT
10.079 0 0 10.079 472.29 419.8501 Tm
0 g
( )Tj
ET
0.934 g
474.93 440.25 27.6 -22.32 re
f
BT
10.079 0 0 10.079 481.65 419.8501 Tm
0 g
(\(13.5)Tj
ET
0.934 g
502.77 440.25 11.04 -22.32 re
f
BT
10.079 0 0 10.079 502.77 419.8501 Tm
0 g
(\))Tj
ET
0.934 g
514.05 440.25 11.04 -22.32 re
f
BT
10.079 0 0 10.079 514.0499 419.8501 Tm
0 g
( )Tj
ET
0.934 g
525.33 440.25 11.28 -22.32 re
f
BT
10.079 0 0 10.079 534.21 419.8501 Tm
0 g
( )Tj
ET
0.934 g
536.85 440.25 27.6 -22.32 re
f
BT
10.079 0 0 10.079 543.5699 419.8501 Tm
0 g
(\(27.3)Tj
ET
0.934 g
564.69 440.25 11.28 -22.32 re
f
BT
10.079 0 0 10.079 564.6899 419.8501 Tm
0 g
(\))Tj
-53.4813 -1.2144 TD
0.8692 Tw
[(MINORITY )869.2(INTEREST)-20128(  )-2000.1(.6)-12(   )-1500.1(1.4)-12.1(   )-1500.1(1.3)-12.1(   )-1523.9(2.6)-12.1( )]TJ
0 -1.1192 TD
29.8481 Tc
0 Tw
[(  )28978.9( )]TJ
ET
0.5 g
351.57 400.17 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 396.3301 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 400.17 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 396.3301 Tm
0 g
(   )Tj
ET
0.5 g
474.93 400.17 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 396.3301 Tm
0 g
(   )Tj
ET
0.5 g
536.85 400.17 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 396.3301 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 394.17 303.12 -22.32 re
f
BT
10.079 0 0 10.079 25.65 385.0501 Tm
0 g
-0.0001 Tc
0.0001 Tw
(INCOME \(LOSS\) BEFORE CUMULATIVE EFFECT OF )Tj
0.7382 -1.1192 TD
(ACCOUNTING CHANGE)Tj
ET
0.934 g
329.01 394.17 11.04 -22.32 re
f
BT
10.079 0 0 10.079 329.01 373.7701 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
340.29 394.17 11.04 -22.32 re
f
BT
10.079 0 0 10.079 340.29 373.7701 Tm
0 g
( )Tj
ET
0.934 g
351.57 394.17 27.6 -22.32 re
f
BT
10.079 0 0 10.079 371.73 373.7701 Tm
0 g
(.6)Tj
ET
0.934 g
379.41 394.17 11.04 -22.32 re
f
BT
10.079 0 0 10.079 379.41 373.7701 Tm
0 g
( )Tj
ET
0.934 g
390.69 394.17 11.04 -22.32 re
f
BT
10.079 0 0 10.079 390.69 373.7701 Tm
0 g
( )Tj
ET
0.934 g
401.97 394.17 11.04 -22.32 re
f
BT
10.079 0 0 10.079 410.61 373.7701 Tm
0 g
( )Tj
ET
0.934 g
413.25 394.17 27.6 -22.32 re
f
BT
10.079 0 0 10.079 419.97 373.7701 Tm
0 g
(\(15.1)Tj
ET
0.934 g
441.09 394.17 11.04 -22.32 re
f
BT
10.079 0 0 10.079 441.09 373.7701 Tm
0 g
(\))Tj
ET
0.934 g
452.37 394.17 11.04 -22.32 re
f
BT
10.079 0 0 10.079 452.37 373.7701 Tm
0 g
( )Tj
ET
0.934 g
463.65 394.17 11.04 -22.32 re
f
BT
10.079 0 0 10.079 472.29 373.7701 Tm
0 g
( )Tj
ET
0.934 g
474.93 394.17 27.6 -22.32 re
f
BT
10.079 0 0 10.079 481.65 373.7701 Tm
0 g
(\(12.2)Tj
ET
0.934 g
502.77 394.17 11.04 -22.32 re
f
BT
10.079 0 0 10.079 502.77 373.7701 Tm
0 g
(\))Tj
ET
0.934 g
514.05 394.17 11.04 -22.32 re
f
BT
10.079 0 0 10.079 514.0499 373.7701 Tm
0 g
( )Tj
ET
0.934 g
525.33 394.17 11.28 -22.32 re
f
BT
10.079 0 0 10.079 534.21 373.7701 Tm
0 g
( )Tj
ET
0.934 g
536.85 394.17 27.6 -22.32 re
f
BT
10.079 0 0 10.079 543.5699 373.7701 Tm
0 g
(\(24.7)Tj
ET
0.934 g
564.69 394.17 11.28 -22.32 re
f
BT
10.079 0 0 10.079 564.6899 373.7701 Tm
0 g
(\))Tj
-53.4813 -1.2144 TD
-0.0001 Tc
0.0001 Tw
(CUMULATIVE EFFECT OF ACCOUNTING CHANGE - NET OF $5.0 )Tj
0.7382 -1.1192 TD
0.8692 Tc
0 Tw
[(T)869.3(A)869.3(X)-26435.9(   )-1643(    )-1643(   )-2762.1(   )-1523.9(9)869.2(.)869.2(3)857.1( )]TJ
-0.7382 -1.1192 TD
29.8481 Tc
[(  )28978.9( )]TJ
ET
0.5 g
351.57 342.81 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 338.9701 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 342.81 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 338.9701 Tm
0 g
(   )Tj
ET
0.5 g
474.93 342.81 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 338.9701 Tm
0 g
(   )Tj
ET
0.5 g
536.85 342.81 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 338.9701 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 336.81 303.12 -11.04 re
f
BT
10.079 0 0 10.079 25.65 327.6901 Tm
0 g
-0.0001 Tc
0.0001 Tw
(NET INCOME \(LOSS\))Tj
ET
0.934 g
329.01 336.81 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 327.6901 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
340.29 336.81 11.04 -11.04 re
f
BT
10.079 0 0 10.079 346.53 327.6901 Tm
0 g
($)Tj
ET
0.934 g
351.57 336.81 27.6 -11.04 re
f
BT
10.079 0 0 10.079 371.73 327.6901 Tm
0 g
(.6)Tj
ET
0.934 g
379.41 336.81 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 327.6901 Tm
0 g
( )Tj
ET
0.934 g
390.69 336.81 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 327.6901 Tm
0 g
( )Tj
ET
0.934 g
401.97 336.81 11.04 -11.04 re
f
BT
10.079 0 0 10.079 408.21 327.6901 Tm
0 g
($)Tj
ET
0.934 g
413.25 336.81 27.6 -11.04 re
f
BT
10.079 0 0 10.079 419.97 327.6901 Tm
0 g
(\(15.1)Tj
ET
0.934 g
441.09 336.81 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 327.6901 Tm
0 g
(\))Tj
ET
0.934 g
452.37 336.81 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 327.6901 Tm
0 g
( )Tj
ET
0.934 g
463.65 336.81 11.04 -11.04 re
f
BT
10.079 0 0 10.079 469.89 327.6901 Tm
0 g
($)Tj
ET
0.934 g
474.93 336.81 27.6 -11.04 re
f
BT
10.079 0 0 10.079 481.65 327.6901 Tm
0 g
(\(12.2)Tj
ET
0.934 g
502.77 336.81 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 327.6901 Tm
0 g
(\))Tj
ET
0.934 g
514.05 336.81 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 327.6901 Tm
0 g
( )Tj
ET
0.934 g
525.33 336.81 11.28 -11.04 re
f
BT
10.079 0 0 10.079 531.8099 327.6901 Tm
0 g
($)Tj
ET
0.934 g
536.85 336.81 27.6 -11.04 re
f
BT
10.079 0 0 10.079 543.5699 327.6901 Tm
0 g
(\(15.4)Tj
ET
0.934 g
564.69 336.81 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 327.6901 Tm
0 g
(\))Tj
-53.4813 -1.1192 TD
29.8481 Tc
[(  )28978.9( )]TJ
ET
0.5 g
351.57 321.45 27.6 -2.88 re
f
BT
10.079 0 0 10.079 379.41 316.4101 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 321.45 27.6 -2.88 re
f
BT
10.079 0 0 10.079 441.09 316.4101 Tm
0 g
(   )Tj
ET
0.5 g
474.93 321.45 27.6 -2.88 re
f
BT
10.079 0 0 10.079 502.77 316.4101 Tm
0 g
(   )Tj
ET
0.5 g
536.85 321.45 27.6 -2.88 re
f
BT
10.079 0 0 10.079 564.6899 316.4101 Tm
0 g
0 Tc
( )Tj
-53.4813 -1.1192 TD
-0.0001 Tc
0.8693 Tw
[(NET )869.2(INCOME )869.2(\(LOSS\) )869.2(PER )869.2(COMMON )869.2(SHARE)-10128(   )-1643(    )-1643(    )-1643(   )-23.8( )-1643( )]TJ
ET
0.934 g
25.65 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 25.65 292.8901 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
36.93 302.01 291.84 -11.04 re
f
BT
10.079 0 0 10.079 36.93 292.8901 Tm
0 g
(Basic and Diluted)Tj
ET
0.934 g
329.01 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 292.8901 Tm
0 g
( )Tj
ET
0.934 g
340.29 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 292.8901 Tm
0 g
( )Tj
ET
0.934 g
351.57 302.01 27.6 -11.04 re
f
BT
10.079 0 0 10.079 351.57 292.8901 Tm
0 g
( )Tj
ET
0.934 g
379.41 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 292.8901 Tm
0 g
( )Tj
ET
0.934 g
390.69 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 292.8901 Tm
0 g
( )Tj
ET
0.934 g
401.97 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 292.8901 Tm
0 g
( )Tj
ET
0.934 g
413.25 302.01 27.6 -11.04 re
f
BT
10.079 0 0 10.079 413.25 292.8901 Tm
0 g
( )Tj
ET
0.934 g
441.09 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 292.8901 Tm
0 g
( )Tj
ET
0.934 g
452.37 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 292.8901 Tm
0 g
( )Tj
ET
0.934 g
463.65 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 292.8901 Tm
0 g
( )Tj
ET
0.934 g
474.93 302.01 27.6 -11.04 re
f
BT
10.079 0 0 10.079 474.93 292.8901 Tm
0 g
( )Tj
ET
0.934 g
502.77 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 292.8901 Tm
0 g
( )Tj
ET
0.934 g
514.05 302.01 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 292.8901 Tm
0 g
( )Tj
ET
0.934 g
525.33 302.01 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 292.8901 Tm
0 g
( )Tj
ET
0.934 g
536.85 302.01 27.6 -11.04 re
f
BT
10.079 0 0 10.079 536.85 292.8901 Tm
0 g
( )Tj
ET
0.934 g
564.69 302.01 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 292.8901 Tm
0 g
( )Tj
-53.4813 -1.2144 TD
[( )-869.2( )-869.2(Before cumulative effect of accounting change)-9117.5( )-1488.3($)-1500.2(.06)-12.1( )-869.2( )-1488.3($)-666.8(\(1.50)-12.6(\))-786.2( )-1488.3($)-666.8(\(1.20)-12.6(\))-786.2( )-1512.1($)-666.8(\(2.45)-12.6(\))-810( )-11.9( )-11.9( )-11.9( )]TJ
ET
0.934 g
25.65 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 25.65 268.4101 Tm
0 g
( )Tj
ET
0.934 g
36.93 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 36.93 268.4101 Tm
0 g
( )Tj
ET
0.934 g
48.21 277.53 280.56 -11.04 re
f
BT
10.079 0 0 10.079 48.21 268.4101 Tm
0 g
(Cumulative effect of accounting change )Tj
/F2 1 Tf
16.2445 0 TD
(—)Tj
/F12 1 Tf
0.9999 0 TD
( net of tax)Tj
ET
0.934 g
329.01 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 329.01 268.4101 Tm
0 g
( )Tj
ET
0.934 g
340.29 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 340.29 268.4101 Tm
0 g
( )Tj
ET
0.934 g
351.57 277.53 27.6 -11.04 re
f
379.41 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 379.41 268.4101 Tm
0 g
( )Tj
ET
0.934 g
390.69 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 390.69 268.4101 Tm
0 g
( )Tj
ET
0.934 g
401.97 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 401.97 268.4101 Tm
0 g
( )Tj
ET
0.934 g
413.25 277.53 27.6 -11.04 re
f
BT
10.079 0 0 10.079 413.25 268.4101 Tm
0 g
( )Tj
ET
0.934 g
441.09 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 441.09 268.4101 Tm
0 g
( )Tj
ET
0.934 g
452.37 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 452.37 268.4101 Tm
0 g
( )Tj
ET
0.934 g
463.65 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 463.65 268.4101 Tm
0 g
( )Tj
ET
0.934 g
474.93 277.53 27.6 -11.04 re
f
BT
10.079 0 0 10.079 474.93 268.4101 Tm
0 g
( )Tj
ET
0.934 g
502.77 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 502.77 268.4101 Tm
0 g
( )Tj
ET
0.934 g
514.05 277.53 11.04 -11.04 re
f
BT
10.079 0 0 10.079 514.0499 268.4101 Tm
0 g
( )Tj
ET
0.934 g
525.33 277.53 11.28 -11.04 re
f
BT
10.079 0 0 10.079 525.33 268.4101 Tm
0 g
( )Tj
ET
0.934 g
536.85 277.53 27.6 -11.04 re
f
BT
10.079 0 0 10.079 551.97 268.4101 Tm
0 g
(.92)Tj
ET
0.934 g
564.69 277.53 11.28 -11.04 re
f
BT
10.079 0 0 10.079 564.6899 268.4101 Tm
0 g
( )Tj
-53.4813 -1.1192 TD
29.8481 Tc
[(  )28978.9( )]TJ
ET
0.5 g
351.57 260.97 27.6 -0.48 re
f
BT
10.079 0 0 10.079 379.41 257.1301 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 260.97 27.6 -0.48 re
f
BT
10.079 0 0 10.079 441.09 257.1301 Tm
0 g
(   )Tj
ET
0.5 g
474.93 260.97 27.6 -0.48 re
f
BT
10.079 0 0 10.079 502.77 257.1301 Tm
0 g
(   )Tj
ET
0.5 g
536.85 260.97 27.6 -0.48 re
f
BT
10.079 0 0 10.079 564.6899 257.1301 Tm
0 g
0 Tc
( )Tj
-53.4813 -1.1192 TD
0.8692 Tw
[(    Net )869.2(income )869.2(\(loss\))-18512.1( )-619.1($)-1500.2(.06)-12.1(  )-619.1($)-666.8(\(1.50)-12.6(\))-786.2( )-619.1($)-666.8(\(1.20)-12.6(\))-786.2( )-642.9($)-666.8(\(1.53)-12.6(\))]TJ
T*
29.8481 Tc
0 Tw
[(  )28978.9( )]TJ
ET
0.5 g
351.57 239.61 27.6 -2.88 re
f
BT
10.079 0 0 10.079 379.41 234.5701 Tm
0 g
0.8692 Tc
(   )Tj
ET
0.5 g
413.25 239.61 27.6 -2.88 re
f
BT
10.079 0 0 10.079 441.09 234.5701 Tm
0 g
(   )Tj
ET
0.5 g
474.93 239.61 27.6 -2.88 re
f
BT
10.079 0 0 10.079 502.77 234.5701 Tm
0 g
(   )Tj
ET
0.5 g
536.85 239.61 27.6 -2.88 re
f
BT
10.079 0 0 10.079 564.6899 234.5701 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 232.41 303.12 -11.04 re
f
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ET
0.934 g
482.61 712.89 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 703.7701 Tm
0 g
(\))Tj
ET
0.934 g
501.09 712.89 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 703.7701 Tm
0 g
( )Tj
ET
0.934 g
525.33 712.89 14.88 -11.04 re
f
BT
10.079 0 0 10.079 537.8099 703.7701 Tm
0 g
( )Tj
ET
0.934 g
540.45 712.89 25.92 -11.04 re
f
BT
10.079 0 0 10.079 545.4899 703.7701 Tm
0 g
(\(97.7)Tj
ET
0.934 g
566.61 712.89 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 703.7701 Tm
0 g
(\))Tj
-53.6718 -1.1192 TD
( )Tj
39.099 0 TD
2.1312 Tc
(  )Tj
ET
0.5 g
456.45 696.33 25.92 -0.48 re
f
BT
10.079 0 0 10.079 482.61 692.4901 Tm
0 g
1.5835 Tc
[(  )-571.5( )]TJ
ET
0.5 g
540.45 696.33 25.92 -0.48 re
f
BT
10.079 0 0 10.079 566.61 692.4901 Tm
0 g
0 Tc
( )Tj
-53.6718 -1.1191 TD
-0.0001 Tc
2.1075 Tw
[(   TOTAL )2107.4(PROPERTIES)-22610.8( )-23.8( )762(392.7)-12.4( )523.9( )-47.6( )523.9(260.3)-12.4( )]TJ
ET
0.934 g
25.65 678.09 393.84 -11.04 re
f
BT
10.079 0 0 10.079 25.65 668.9701 Tm
0 g
0.0001 Tw
(INVESTMENTS IN ASSOCIATED IRON ORE VENTURES)Tj
ET
0.934 g
419.73 678.09 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 668.9701 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
443.73 678.09 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 668.9701 Tm
0 g
( )Tj
ET
0.934 g
456.45 678.09 25.92 -11.04 re
f
BT
10.079 0 0 10.079 464.85 668.9701 Tm
0 g
(34.1)Tj
ET
0.934 g
482.61 678.09 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 668.9701 Tm
0 g
( )Tj
ET
0.934 g
501.09 678.09 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 668.9701 Tm
0 g
( )Tj
ET
0.934 g
525.33 678.09 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 668.9701 Tm
0 g
( )Tj
ET
0.934 g
540.45 678.09 25.92 -11.04 re
f
BT
10.079 0 0 10.079 543.8099 668.9701 Tm
0 g
(131.7)Tj
ET
0.934 g
566.61 678.09 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 668.9701 Tm
0 g
( )Tj
-53.6718 -1.2144 TD
-0.0001 Tc
2.3456 Tw
[(OTHER )2345.5(ASSETS)-31904.7( )214.3( )1333.5(  )762( )190.5( )1095.4(  )]TJ
ET
0.934 g
25.65 653.61 23.52 -11.04 re
f
BT
10.079 0 0 10.079 25.65 644.4901 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
49.41 653.61 370.08 -11.04 re
f
BT
10.079 0 0 10.079 49.41 644.4901 Tm
0 g
(Prepaid pensions)Tj
ET
0.934 g
419.73 653.61 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 644.4901 Tm
0 g
( )Tj
ET
0.934 g
443.73 653.61 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 644.4901 Tm
0 g
( )Tj
ET
0.934 g
456.45 653.61 25.92 -11.04 re
f
BT
10.079 0 0 10.079 464.85 644.4901 Tm
0 g
(42.3)Tj
ET
0.934 g
482.61 653.61 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 644.4901 Tm
0 g
( )Tj
ET
0.934 g
501.09 653.61 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 644.4901 Tm
0 g
( )Tj
ET
0.934 g
525.33 653.61 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 644.4901 Tm
0 g
( )Tj
ET
0.934 g
540.45 653.61 25.92 -11.04 re
f
BT
10.079 0 0 10.079 548.85 644.4901 Tm
0 g
(46.1)Tj
ET
0.934 g
566.61 653.61 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 644.4901 Tm
0 g
( )Tj
-53.6718 -1.2144 TD
2.1074 Tw
[( Other )2107.4(investments)-29437.2( )-23.8( )262(22.7)-12.2( )523.9( )-47.6( )-476.2(3.3)-12.1( )]TJ
ET
0.934 g
25.65 629.13 23.52 -11.04 re
f
BT
10.079 0 0 10.079 25.65 620.0101 Tm
0 g
0 Tw
( )Tj
ET
0.934 g
49.41 629.13 370.08 -11.04 re
f
BT
10.079 0 0 10.079 49.41 620.0101 Tm
0 g
(Miscellaneous)Tj
ET
0.934 g
419.73 629.13 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 620.0101 Tm
0 g
( )Tj
ET
0.934 g
443.73 629.13 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 620.0101 Tm
0 g
( )Tj
ET
0.934 g
456.45 629.13 25.92 -11.04 re
f
BT
10.079 0 0 10.079 464.85 620.0101 Tm
0 g
(31.2)Tj
ET
0.934 g
482.61 629.13 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 620.0101 Tm
0 g
( )Tj
ET
0.934 g
501.09 629.13 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 620.0101 Tm
0 g
( )Tj
ET
0.934 g
525.33 629.13 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 620.0101 Tm
0 g
( )Tj
ET
0.934 g
540.45 629.13 25.92 -11.04 re
f
BT
10.079 0 0 10.079 548.85 620.0101 Tm
0 g
(20.9)Tj
ET
0.934 g
566.61 629.13 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 620.0101 Tm
0 g
( )Tj
-53.6718 -1.1192 TD
( )Tj
39.099 0 TD
2.1312 Tc
(  )Tj
ET
0.5 g
456.45 612.57 25.92 -0.48 re
f
BT
10.079 0 0 10.079 482.61 608.73 Tm
0 g
1.5835 Tc
[(  )-571.5( )]TJ
ET
0.5 g
540.45 612.57 25.92 -0.48 re
f
BT
10.079 0 0 10.079 566.61 608.73 Tm
0 g
0 Tc
( )Tj
-53.6718 -1.1192 TD
-0.0001 Tc
2.1075 Tw
[(   TOTAL )2107.4(OTHER )2107.4(ASSETS)-21305.9( )-23.8( )262(96.2)-12.3( )523.9( )-47.6( )23.8(70.3)-12.3( )]TJ
T*
0 Tc
0 Tw
( )Tj
39.099 0 TD
2.1312 Tc
(  )Tj
ET
0.5 g
456.45 590.01 25.92 -0.48 re
f
BT
10.079 0 0 10.079 482.61 586.17 Tm
0 g
1.5835 Tc
[(  )-571.5( )]TJ
ET
0.5 g
540.45 590.01 25.92 -0.48 re
f
BT
10.079 0 0 10.079 566.61 586.17 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 584.01 23.52 -11.04 re
f
BT
10.079 0 0 10.079 25.65 574.8901 Tm
0 g
( )Tj
ET
0.934 g
49.41 584.01 23.52 -11.04 re
f
BT
10.079 0 0 10.079 49.41 574.8901 Tm
0 g
( )Tj
ET
0.934 g
73.17 584.01 23.52 -11.04 re
f
BT
10.079 0 0 10.079 73.17 574.8901 Tm
0 g
( )Tj
ET
0.934 g
96.93 584.01 322.56 -11.04 re
f
BT
10.079 0 0 10.079 96.93 574.8901 Tm
0 g
-0.0001 Tc
0.0001 Tw
(TOTAL ASSETS)Tj
ET
0.934 g
419.73 584.01 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 574.8901 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
443.73 584.01 12.48 -11.04 re
f
BT
10.079 0 0 10.079 451.41 574.8901 Tm
0 g
($)Tj
ET
0.934 g
456.45 584.01 25.92 -11.04 re
f
BT
10.079 0 0 10.079 459.81 574.8901 Tm
0 g
(883.9)Tj
ET
0.934 g
482.61 584.01 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 574.8901 Tm
0 g
( )Tj
ET
0.934 g
501.09 584.01 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 574.8901 Tm
0 g
( )Tj
ET
0.934 g
525.33 584.01 14.88 -11.04 re
f
BT
10.079 0 0 10.079 535.41 574.8901 Tm
0 g
($)Tj
ET
0.934 g
540.45 584.01 25.92 -11.04 re
f
BT
10.079 0 0 10.079 543.8099 574.8901 Tm
0 g
(825.0)Tj
ET
0.934 g
566.61 584.01 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 574.8901 Tm
0 g
( )Tj
-53.6718 -1.1192 TD
( )Tj
39.099 0 TD
2.1312 Tc
(  )Tj
ET
0.5 g
456.45 568.65 25.92 -2.88 re
f
BT
10.079 0 0 10.079 482.61 563.61 Tm
0 g
1.5835 Tc
[(  )-571.5( )]TJ
ET
0.5 g
540.45 568.65 25.92 -2.88 re
f
BT
10.079 0 0 10.079 566.61 563.61 Tm
0 g
0 Tc
( )Tj
-53.6718 -1.1192 TD
-0.0001 Tc
2.1075 Tw
[(    LIABILITIES )2107.4(AND )2107.4(SHAREHOLDERS)]TJ
/F2 1 Tf
25.704 0 TD
0 Tc
0 Tw
(’)Tj
/F12 1 Tf
0.333 0 TD
-0.0001 Tc
2.3456 Tw
[( )2345.5(EQUITY)-9091.4( )214.3( )1333.5(  )762( )190.5( )1095.4(  )]TJ
ET
0.934 g
25.65 549.21 393.84 -11.04 re
f
BT
10.079 0 0 10.079 25.65 540.0901 Tm
0 g
0.0001 Tw
(CURRENT LIABILITIES)Tj
ET
0.934 g
419.73 549.21 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 540.0901 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
443.73 549.21 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 540.0901 Tm
0 g
( )Tj
ET
0.934 g
456.45 549.21 25.92 -11.04 re
f
BT
10.079 0 0 10.079 456.45 540.0901 Tm
0 g
( )Tj
ET
0.934 g
482.61 549.21 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 540.0901 Tm
0 g
( )Tj
ET
0.934 g
501.09 549.21 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 540.0901 Tm
0 g
( )Tj
ET
0.934 g
525.33 549.21 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 540.0901 Tm
0 g
( )Tj
ET
0.934 g
540.45 549.21 25.92 -11.04 re
f
BT
10.079 0 0 10.079 540.45 540.0901 Tm
0 g
( )Tj
ET
0.934 g
566.61 549.21 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 540.0901 Tm
0 g
( )Tj
-53.6718 -1.2144 TD
[( )-2107.4(Borrowings under revolving credit facility)-19801.1( )-2893.2($)-333.4(100.0)-12.3( )-1583.5( )-3155.1($)-333.4(100.0)-12.3( )]TJ
ET
0.934 g
25.65 524.73 23.52 -11.04 re
f
BT
10.079 0 0 10.079 25.65 515.61 Tm
0 g
( )Tj
ET
0.934 g
49.41 524.73 370.08 -11.04 re
f
BT
10.079 0 0 10.079 49.41 515.61 Tm
0 g
(Accounts payable and accrued expenses)Tj
ET
0.934 g
419.73 524.73 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 515.61 Tm
0 g
( )Tj
ET
0.934 g
443.73 524.73 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 515.61 Tm
0 g
( )Tj
ET
0.934 g
456.45 524.73 25.92 -11.04 re
f
BT
10.079 0 0 10.079 464.85 515.61 Tm
0 g
(99.7)Tj
ET
0.934 g
482.61 524.73 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 515.61 Tm
0 g
( )Tj
ET
0.934 g
501.09 524.73 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 515.61 Tm
0 g
( )Tj
ET
0.934 g
525.33 524.73 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 515.61 Tm
0 g
( )Tj
ET
0.934 g
540.45 524.73 25.92 -11.04 re
f
BT
10.079 0 0 10.079 548.85 515.61 Tm
0 g
(64.7)Tj
ET
0.934 g
566.61 524.73 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 515.61 Tm
0 g
( )Tj
-53.6718 -1.2144 TD
[( )-2107.4(Payables to associated companies)-23272.8( )-2131.2( )-1845.4(16.4)-12.2( )-1583.5( )-2155( )-2083.6(16.0)-12.2( )]TJ
ET
0.934 g
25.65 500.25 23.52 -11.04 re
f
BT
10.079 0 0 10.079 25.65 491.1301 Tm
0 g
( )Tj
ET
0.934 g
49.41 500.25 370.08 -11.04 re
f
BT
10.079 0 0 10.079 49.41 491.1301 Tm
0 g
(Environmental and closure obligations)Tj
ET
0.934 g
419.73 500.25 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 491.1301 Tm
0 g
( )Tj
ET
0.934 g
443.73 500.25 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 491.1301 Tm
0 g
( )Tj
ET
0.934 g
456.45 500.25 25.92 -11.04 re
f
BT
10.079 0 0 10.079 469.89 491.1301 Tm
0 g
(8.7)Tj
ET
0.934 g
482.61 500.25 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 491.1301 Tm
0 g
( )Tj
ET
0.934 g
501.09 500.25 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 491.1301 Tm
0 g
( )Tj
ET
0.934 g
525.33 500.25 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 491.1301 Tm
0 g
( )Tj
ET
0.934 g
540.45 500.25 25.92 -11.04 re
f
BT
10.079 0 0 10.079 553.89 491.1301 Tm
0 g
(9.1)Tj
ET
0.934 g
566.61 500.25 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 491.1301 Tm
0 g
( )Tj
-53.6718 -1.1192 TD
( )Tj
39.099 0 TD
2.1312 Tc
(  )Tj
ET
0.5 g
456.45 483.69 25.92 -0.48 re
f
BT
10.079 0 0 10.079 482.61 479.8501 Tm
0 g
1.5835 Tc
[(  )-571.5( )]TJ
ET
0.5 g
540.45 483.69 25.92 -0.48 re
f
BT
10.079 0 0 10.079 566.61 479.8501 Tm
0 g
0 Tc
( )Tj
-53.6718 -1.1192 TD
-0.0001 Tc
2.1075 Tw
[(   TOTAL )2107.4(CURRENT )2107.4(LIABILITIES)-17863.2( )-23.8( )762(224.8)-12.4( )523.9( )-47.6( )523.9(189.8)-12.4( )]TJ
ET
0.934 g
25.65 465.45 393.84 -11.04 re
f
BT
10.079 0 0 10.079 25.65 456.3301 Tm
0 g
0.0001 Tw
(LONG-TERM DEBT)Tj
ET
0.934 g
419.73 465.45 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 456.3301 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
443.73 465.45 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 456.3301 Tm
0 g
( )Tj
ET
0.934 g
456.45 465.45 25.92 -11.04 re
f
BT
10.079 0 0 10.079 464.85 456.3301 Tm
0 g
(70.0)Tj
ET
0.934 g
482.61 465.45 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 456.3301 Tm
0 g
( )Tj
ET
0.934 g
501.09 465.45 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 456.3301 Tm
0 g
( )Tj
ET
0.934 g
525.33 465.45 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 456.3301 Tm
0 g
( )Tj
ET
0.934 g
540.45 465.45 25.92 -11.04 re
f
BT
10.079 0 0 10.079 548.85 456.3301 Tm
0 g
(70.0)Tj
ET
0.934 g
566.61 465.45 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 456.3301 Tm
0 g
( )Tj
-53.6718 -1.2144 TD
-0.0001 Tc
0.0001 Tw
[(POSTEMPLOYMENT BENEFIT LIABILITIES)-19379.8( )-2131.2( )-1845.4(94.0)-12.3( )-1583.5( )-2155( )-2083.6(69.2)-12.3( )]TJ
ET
0.934 g
25.65 440.97 393.84 -11.04 re
f
BT
10.079 0 0 10.079 25.65 431.8501 Tm
0 g
(ENVIRONMENTAL AND CLOSURE OBLIGATIONS)Tj
ET
0.934 g
419.73 440.97 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 431.8501 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
443.73 440.97 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 431.8501 Tm
0 g
( )Tj
ET
0.934 g
456.45 440.97 25.92 -11.04 re
f
BT
10.079 0 0 10.079 464.85 431.8501 Tm
0 g
(57.5)Tj
ET
0.934 g
482.61 440.97 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 431.8501 Tm
0 g
( )Tj
ET
0.934 g
501.09 440.97 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 431.8501 Tm
0 g
( )Tj
ET
0.934 g
525.33 440.97 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 431.8501 Tm
0 g
( )Tj
ET
0.934 g
540.45 440.97 25.92 -11.04 re
f
BT
10.079 0 0 10.079 548.85 431.8501 Tm
0 g
(59.2)Tj
ET
0.934 g
566.61 440.97 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 431.8501 Tm
0 g
( )Tj
-53.6718 -1.2144 TD
-0.0001 Tc
0.0001 Tw
[(OTHER LIABILITIES)-29795.9( )-2131.2( )-1845.4(21.4)-12.3( )-1583.5( )-2155( )-2083.6(36.7)-12.3( )]TJ
0 -1.1192 TD
0 Tc
0 Tw
( )Tj
39.099 0 TD
2.1312 Tc
(  )Tj
ET
0.5 g
456.45 412.17 25.92 -0.48 re
f
BT
10.079 0 0 10.079 482.61 408.3301 Tm
0 g
1.5835 Tc
[(  )-571.5( )]TJ
ET
0.5 g
540.45 412.17 25.92 -0.48 re
f
BT
10.079 0 0 10.079 566.61 408.3301 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 406.17 393.84 -11.04 re
f
BT
10.079 0 0 10.079 25.65 397.0501 Tm
0 g
( )Tj
ET
0.934 g
419.73 406.17 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 397.0501 Tm
0 g
( )Tj
ET
0.934 g
443.73 406.17 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 397.0501 Tm
0 g
( )Tj
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0.934 g
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(Cliffs and Associates Limited)Tj
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419.73 381.69 23.76 -11.04 re
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0.934 g
540.45 381.69 25.92 -11.04 re
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566.61 381.69 19.92 -11.04 re
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-53.6718 -1.2144 TD
[( )-2107.4(Tilden Mining Company L.C.)-24769.7( )-2131.2( )-1845.4(26.7)-12.2( )-1583.5( )-2155( )-1250.1( )-2345.5( )]TJ
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25.65 357.21 393.84 -11.04 re
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-0.0001 Tc
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0.934 g
443.73 357.21 12.48 -11.04 re
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( )Tj
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0.934 g
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0.934 g
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0.934 g
501.09 357.21 24 -11.04 re
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0.934 g
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( )Tj
ET
0.934 g
540.45 357.21 25.92 -11.04 re
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BT
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0.934 g
566.61 357.21 19.92 -11.04 re
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10.079 0 0 10.079 566.61 348.0901 Tm
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( )Tj
-53.6718 -1.2144 TD
2.3455 Tw
[( )238.1(Preferred )2345.5(Stock)-30494.1( )214.3( )1333.5(  )762( )190.5( )1095.4(  )]TJ
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0.934 g
49.41 332.73 23.52 -11.04 re
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0.934 g
73.17 332.73 346.32 -11.04 re
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0.934 g
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0.934 g
443.73 332.73 12.48 -11.04 re
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0.934 g
456.45 332.73 25.92 -11.04 re
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0.934 g
482.61 332.73 18.24 -11.04 re
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BT
10.079 0 0 10.079 482.61 323.6101 Tm
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( )Tj
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0.934 g
501.09 332.73 24 -11.04 re
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0.934 g
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( )Tj
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0.934 g
540.45 332.73 25.92 -11.04 re
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BT
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0.934 g
566.61 332.73 19.92 -11.04 re
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BT
10.079 0 0 10.079 566.61 323.6101 Tm
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( )Tj
-53.6718 -1.2144 TD
[( )-2107.4( )-2107.4(Class B - 4,000,000 shares authorized and unissued)-13805.1( )-2131.2( )-1012( )-2345.5( )-1583.5( )-2155( )-1250.1( )-2345.5( )]TJ
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25.65 308.25 23.52 -11.04 re
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0.934 g
49.41 308.25 370.08 -11.04 re
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6.8884 0 TD
(—)Tj
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419.73 308.25 23.76 -11.04 re
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( )Tj
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0.934 g
443.73 308.25 12.48 -11.04 re
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BT
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0.934 g
456.45 308.25 25.92 -11.04 re
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BT
10.079 0 0 10.079 456.45 299.1301 Tm
0 g
( )Tj
ET
0.934 g
482.61 308.25 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 299.1301 Tm
0 g
( )Tj
ET
0.934 g
501.09 308.25 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 299.1301 Tm
0 g
( )Tj
ET
0.934 g
525.33 308.25 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 299.1301 Tm
0 g
( )Tj
ET
0.934 g
540.45 308.25 25.92 -11.04 re
f
BT
10.079 0 0 10.079 540.45 299.1301 Tm
0 g
( )Tj
ET
0.934 g
566.61 308.25 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 299.1301 Tm
0 g
( )Tj
-53.6718 -1.2144 TD
[( )-2107.4( )-2107.4(Authorized - 28,000,000 shares;)-21526.4( )-2131.2( )-1012( )-2345.5( )-1583.5( )-2155( )-1250.1( )-2345.5( )]TJ
ET
0.934 g
25.65 283.77 23.52 -11.04 re
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BT
10.079 0 0 10.079 25.65 274.6501 Tm
0 g
( )Tj
ET
0.934 g
49.41 283.77 23.52 -11.04 re
f
BT
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0.934 g
73.17 283.77 346.32 -11.04 re
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BT
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(Issued - 16,827,941 shares)Tj
ET
0.934 g
419.73 283.77 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 274.6501 Tm
0 g
( )Tj
ET
0.934 g
443.73 283.77 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 274.6501 Tm
0 g
( )Tj
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0.934 g
456.45 283.77 25.92 -11.04 re
f
BT
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(16.8)Tj
ET
0.934 g
482.61 283.77 18.24 -11.04 re
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BT
10.079 0 0 10.079 482.61 274.6501 Tm
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( )Tj
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0.934 g
501.09 283.77 24 -11.04 re
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( )Tj
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0.934 g
525.33 283.77 14.88 -11.04 re
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BT
10.079 0 0 10.079 525.33 274.6501 Tm
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( )Tj
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0.934 g
540.45 283.77 25.92 -11.04 re
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BT
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(16.8)Tj
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0.934 g
566.61 283.77 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 274.6501 Tm
0 g
( )Tj
-53.6718 -1.2144 TD
[( )-2107.4(Capital in excess of par value of shares)-21108( )-2131.2( )-1845.4(71.7)-12.2( )-1583.5( )-2155( )-2083.6(66.2)-12.2( )]TJ
ET
0.934 g
25.65 259.29 23.52 -11.04 re
f
BT
10.079 0 0 10.079 25.65 250.1701 Tm
0 g
( )Tj
ET
0.934 g
49.41 259.29 370.08 -11.04 re
f
BT
10.079 0 0 10.079 49.41 250.1701 Tm
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(Retained income)Tj
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0.934 g
419.73 259.29 23.76 -11.04 re
f
BT
10.079 0 0 10.079 419.73 250.1701 Tm
0 g
( )Tj
ET
0.934 g
443.73 259.29 12.48 -11.04 re
f
BT
10.079 0 0 10.079 443.73 250.1701 Tm
0 g
( )Tj
ET
0.934 g
456.45 259.29 25.92 -11.04 re
f
BT
10.079 0 0 10.079 459.81 250.1701 Tm
0 g
(464.5)Tj
ET
0.934 g
482.61 259.29 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 250.1701 Tm
0 g
( )Tj
ET
0.934 g
501.09 259.29 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 250.1701 Tm
0 g
( )Tj
ET
0.934 g
525.33 259.29 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 250.1701 Tm
0 g
( )Tj
ET
0.934 g
540.45 259.29 25.92 -11.04 re
f
BT
10.079 0 0 10.079 543.8099 250.1701 Tm
0 g
(476.7)Tj
ET
0.934 g
566.61 259.29 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 250.1701 Tm
0 g
( )Tj
-53.6718 -1.2144 TD
[( )-2107.4(Accumulated other comprehensive loss, net of tax)-16719.4( )-3131.3( )-1012(\(1.0)-12.5(\))-1500.5( )-3393.2( )-1012(\(1.0)-12.5(\))]TJ
ET
0.934 g
25.65 234.81 23.52 -11.04 re
f
BT
10.079 0 0 10.079 25.65 225.6901 Tm
0 g
( )Tj
ET
0.934 g
49.41 234.81 370.08 -11.04 re
f
BT
10.079 0 0 10.079 49.41 225.6901 Tm
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(Cost of 6,643,095 Common Shares in treasury \(2001 - 6,685,988 shares\))Tj
ET
0.934 g
419.73 234.81 23.76 -11.04 re
f
BT
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( )Tj
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0.934 g
443.73 234.81 12.48 -11.04 re
f
BT
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( )Tj
ET
0.934 g
456.45 234.81 25.92 -11.04 re
f
BT
10.079 0 0 10.079 456.45 225.6901 Tm
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(\(182.2)Tj
ET
0.934 g
482.61 234.81 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 225.6901 Tm
0 g
(\))Tj
ET
0.934 g
501.09 234.81 24 -11.04 re
f
BT
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0 g
( )Tj
ET
0.934 g
525.33 234.81 14.88 -11.04 re
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BT
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0 g
( )Tj
ET
0.934 g
540.45 234.81 25.92 -11.04 re
f
BT
10.079 0 0 10.079 540.45 225.6901 Tm
0 g
(\(183.3)Tj
ET
0.934 g
566.61 234.81 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 225.6901 Tm
0 g
(\))Tj
-53.6718 -1.2144 TD
1.012 Tw
[( )-1095.4(Unearned )1012(compensation)-27050.4( )-2119.3( \(5.5)-12.5(\))-1500.5( )-2381.2( \(1.2)-12.5(\))]TJ
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0 Tw
( )Tj
39.099 0 TD
2.1312 Tc
(  )Tj
ET
0.5 g
456.45 206.01 25.92 -0.48 re
f
BT
10.079 0 0 10.079 482.61 202.1701 Tm
0 g
1.5835 Tc
[(  )-571.5( )]TJ
ET
0.5 g
540.45 206.01 25.92 -0.48 re
f
BT
10.079 0 0 10.079 566.61 202.1701 Tm
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0 Tc
( )Tj
ET
0.934 g
25.65 200.01 23.52 -11.04 re
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BT
10.079 0 0 10.079 25.65 190.8901 Tm
0 g
( )Tj
ET
0.934 g
49.41 200.01 23.52 -11.04 re
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BT
10.079 0 0 10.079 49.41 190.8901 Tm
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( )Tj
ET
0.934 g
73.17 200.01 23.52 -11.04 re
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BT
10.079 0 0 10.079 73.17 190.8901 Tm
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( )Tj
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0.934 g
96.93 200.01 322.56 -11.04 re
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BT
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(’)Tj
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0.934 g
419.73 200.01 23.76 -11.04 re
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BT
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( )Tj
ET
0.934 g
443.73 200.01 12.48 -11.04 re
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BT
10.079 0 0 10.079 443.73 190.8901 Tm
0 g
( )Tj
ET
0.934 g
456.45 200.01 25.92 -11.04 re
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BT
10.079 0 0 10.079 459.81 190.8901 Tm
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(364.3)Tj
ET
0.934 g
482.61 200.01 18.24 -11.04 re
f
BT
10.079 0 0 10.079 482.61 190.8901 Tm
0 g
( )Tj
ET
0.934 g
501.09 200.01 24 -11.04 re
f
BT
10.079 0 0 10.079 501.09 190.8901 Tm
0 g
( )Tj
ET
0.934 g
525.33 200.01 14.88 -11.04 re
f
BT
10.079 0 0 10.079 525.33 190.8901 Tm
0 g
( )Tj
ET
0.934 g
540.45 200.01 25.92 -11.04 re
f
BT
10.079 0 0 10.079 543.8099 190.8901 Tm
0 g
(374.2)Tj
ET
0.934 g
566.61 200.01 19.92 -11.04 re
f
BT
10.079 0 0 10.079 566.61 190.8901 Tm
0 g
( )Tj
-53.6718 -1.1192 TD
( )Tj
39.099 0 TD
2.1312 Tc
(  )Tj
ET
0.5 g
456.45 183.45 25.92 -0.48 re
f
BT
10.079 0 0 10.079 482.61 179.6101 Tm
0 g
1.5835 Tc
[(  )-571.5( )]TJ
ET
0.5 g
540.45 183.45 25.92 -0.48 re
f
BT
10.079 0 0 10.079 566.61 179.6101 Tm
0 g
0 Tc
( )Tj
-53.6718 -1.1192 TD
-0.0001 Tc
2.1075 Tw
[(   TOTAL )2107.4(LIABILITIES )2107.4(AND )2107.4(SHAREHOLDERS)]TJ
/F2 1 Tf
26.8733 0 TD
0 Tc
0 Tw
(’)Tj
/F12 1 Tf
0.333 0 TD
[( EQUITY)-7922( )-2893.2($)-333.4(883.9)-12.3( )-1583.5( )-3155.1($)-333.4(825.0)-12.3( )]TJ
-27.2063 -1.1192 TD
( )Tj
39.099 0 TD
2.1312 Tc
(  )Tj
ET
0.5 g
456.45 162.09 25.92 -2.88 re
f
BT
10.079 0 0 10.079 482.61 157.0501 Tm
0 g
1.5835 Tc
[(  )-571.5( )]TJ
ET
0.5 g
540.45 162.09 25.92 -2.88 re
f
BT
10.079 0 0 10.079 566.61 157.0501 Tm
0 g
0 Tc
( )Tj
-53.6718 -2.5241 TD
(         See notes to consolidated financial statements. )Tj
27.5741 -2.6907 TD
(3)Tj
ET
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-0.0001 Tc
0.0001 Tw
(CLEVELAND-CLIFFS INC AND CONSOLIDATED SUBSIDIARIES )Tj
3.4765 -2.524 TD
(STATEMENT OF CONSOLIDATED CASH FLOWS )Tj
12 0 0 12 25.65 914.73 Tm
1.79 Tc
0 Tw
[(    )-27120( )-20( )1380( )140( )920( )-20( )1380( )140( )]TJ
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3.0407 Tc
(    )Tj
56.9106 0 TD
0 Tc
8.0736 Tw
[( \(In )8073.6(Millions,)]TJ
-56.9106 -1.1292 TD
3.0407 Tc
0 Tw
(    )Tj
56.9106 0 TD
0 Tc
7.1058 Tw
[( Brackets )7105.8(Indicate)]TJ
-56.9106 -1.1292 TD
3.0407 Tc
0 Tw
(    )Tj
56.9106 0 TD
0 Tc
7.5252 Tw
[( Cash )7525.2(Decrease\))]TJ
-56.9106 -1.1292 TD
3.0407 Tc
0 Tw
(    )Tj
56.9106 0 TD
0 Tc
[( )-6847.7(Six Months Ended)]TJ
-56.9106 -1.1292 TD
3.0407 Tc
(    )Tj
56.9106 0 TD
0 Tc
9.0738 Tw
[( June )9073.8(30)]TJ
-56.9106 -1.1292 TD
3.0407 Tc
0 Tw
(    )Tj
56.9106 0 TD
0 Tc
( )Tj
ET
0.5 g
473.73 864.09 112.8 -0.48 re
f
BT
7.439 0 0 7.439 25.65 854.97 Tm
0 g
3.0407 Tc
(    )Tj
56.9106 0 TD
0 Tc
5.0087 Tw
[( 2002)-2000.4( 2001)]TJ
-56.9106 -1.1292 TD
3.0407 Tc
0 Tw
(    )Tj
56.9106 0 TD
0 Tc
( )Tj
ET
0.5 g
473.73 847.29 43.92 -0.48 re
f
BT
7.439 0 0 7.439 517.89 846.5701 Tm
0 g
( )Tj
ET
0.5 g
542.61 847.29 43.92 -0.48 re
f
0.934 g
25.65 844.89 423.12 -11.04 re
f
BT
10.079 0 0 10.079 25.65 835.77 Tm
0 g
-0.0001 Tc
0.0001 Tw
(OPERATING ACTIVITIES)Tj
ET
0.934 g
449.01 844.89 24.48 -11.04 re
f
BT
10.079 0 0 10.079 449.01 835.77 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
473.73 844.89 7.68 -11.04 re
f
BT
10.079 0 0 10.079 473.73 835.77 Tm
0 g
( )Tj
ET
0.934 g
481.65 844.89 22.56 -11.04 re
f
BT
10.079 0 0 10.079 481.65 835.77 Tm
0 g
( )Tj
ET
0.934 g
504.45 844.89 13.2 -11.04 re
f
BT
10.079 0 0 10.079 504.45 835.77 Tm
0 g
( )Tj
ET
0.934 g
517.89 844.89 24.48 -11.04 re
f
BT
10.079 0 0 10.079 517.89 835.77 Tm
0 g
( )Tj
ET
0.934 g
542.61 844.89 7.68 -11.04 re
f
BT
10.079 0 0 10.079 542.61 835.77 Tm
0 g
( )Tj
ET
0.934 g
550.53 844.89 22.56 -11.04 re
f
BT
10.079 0 0 10.079 550.53 835.77 Tm
0 g
( )Tj
ET
0.934 g
573.33 844.89 13.2 -11.04 re
f
BT
10.079 0 0 10.079 573.33 835.77 Tm
0 g
( )Tj
-54.3385 -1.2144 TD
2.1788 Tw
[( Net )2178.8(loss)]TJ
42.004 0 TD
2.4884 Tw
[( $)-166.7(\(12.2)-12.6(\))-1000.5( $)-166.7(\(15.4)-12.6(\))]TJ
ET
0.934 g
25.65 820.41 24.24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 811.29 Tm
0 g
0 Tw
( )Tj
ET
0.934 g
50.13 820.41 398.64 -11.04 re
f
BT
10.079 0 0 10.079 50.13 811.29 Tm
0 g
(Depreciation and amortization:)Tj
ET
0.934 g
449.01 820.41 24.48 -11.04 re
f
BT
10.079 0 0 10.079 449.01 811.29 Tm
0 g
( )Tj
ET
0.934 g
473.73 820.41 7.68 -11.04 re
f
BT
10.079 0 0 10.079 473.73 811.29 Tm
0 g
( )Tj
ET
0.934 g
481.65 820.41 22.56 -11.04 re
f
BT
10.079 0 0 10.079 481.65 811.29 Tm
0 g
( )Tj
ET
0.934 g
504.45 820.41 13.2 -11.04 re
f
BT
10.079 0 0 10.079 504.45 811.29 Tm
0 g
( )Tj
ET
0.934 g
517.89 820.41 24.48 -11.04 re
f
BT
10.079 0 0 10.079 517.89 811.29 Tm
0 g
( )Tj
ET
0.934 g
542.61 820.41 7.68 -11.04 re
f
BT
10.079 0 0 10.079 542.61 811.29 Tm
0 g
( )Tj
ET
0.934 g
550.53 820.41 22.56 -11.04 re
f
BT
10.079 0 0 10.079 550.53 811.29 Tm
0 g
( )Tj
ET
0.934 g
573.33 820.41 13.2 -11.04 re
f
BT
10.079 0 0 10.079 573.33 811.29 Tm
0 g
( )Tj
-54.3385 -1.2144 TD
2.1788 Tw
[(  Consolidated)-31868.8( )-23.8( )1143(12.4)-12.2( )1095.3( )-23.8( )642.9(7.8)-12.1( )]TJ
ET
0.934 g
25.65 795.93 24.24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 786.8101 Tm
0 g
0 Tw
( )Tj
ET
0.934 g
50.13 795.93 24.24 -11.04 re
f
BT
10.079 0 0 10.079 50.13 786.8101 Tm
0 g
( )Tj
ET
0.934 g
74.61 795.93 374.16 -11.04 re
f
BT
10.079 0 0 10.079 74.61 786.8101 Tm
0 g
(Share of associated iron ore ventures)Tj
ET
0.934 g
449.01 795.93 24.48 -11.04 re
f
BT
10.079 0 0 10.079 449.01 786.8101 Tm
0 g
( )Tj
ET
0.934 g
473.73 795.93 7.68 -11.04 re
f
BT
10.079 0 0 10.079 473.73 786.8101 Tm
0 g
( )Tj
ET
0.934 g
481.65 795.93 22.56 -11.04 re
f
BT
10.079 0 0 10.079 491.73 786.8101 Tm
0 g
(4.0)Tj
ET
0.934 g
504.45 795.93 13.2 -11.04 re
f
BT
10.079 0 0 10.079 504.45 786.8101 Tm
0 g
( )Tj
ET
0.934 g
517.89 795.93 24.48 -11.04 re
f
BT
10.079 0 0 10.079 517.89 786.8101 Tm
0 g
( )Tj
ET
0.934 g
542.61 795.93 7.68 -11.04 re
f
BT
10.079 0 0 10.079 542.61 786.8101 Tm
0 g
( )Tj
ET
0.934 g
550.53 795.93 22.56 -11.04 re
f
BT
10.079 0 0 10.079 560.61 786.8101 Tm
0 g
(5.5)Tj
ET
0.934 g
573.33 795.93 13.2 -11.04 re
f
BT
10.079 0 0 10.079 573.33 786.8101 Tm
0 g
( )Tj
-54.3385 -1.2144 TD
[( )-2178.8(Gain on sale of assets)-30910.9( )-2726.5( )-678.7(\(3.8)-12.5(\))-1000.5( )-2726.5( )-678.7(\(2.5)-12.5(\))]TJ
ET
0.934 g
25.65 771.45 24.24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 762.3301 Tm
0 g
( )Tj
ET
0.934 g
50.13 771.45 398.64 -11.04 re
f
BT
10.079 0 0 10.079 50.13 762.3301 Tm
0 g
(Deferred income taxes)Tj
ET
0.934 g
449.01 771.45 24.48 -11.04 re
f
BT
10.079 0 0 10.079 449.01 762.3301 Tm
0 g
( )Tj
ET
0.934 g
473.73 771.45 7.68 -11.04 re
f
BT
10.079 0 0 10.079 479.01 762.3301 Tm
0 g
( )Tj
ET
0.934 g
481.65 771.45 22.56 -11.04 re
f
BT
10.079 0 0 10.079 488.37 762.3301 Tm
0 g
(\(3.4)Tj
ET
0.934 g
504.45 771.45 13.2 -11.04 re
f
BT
10.079 0 0 10.079 504.45 762.3301 Tm
0 g
(\))Tj
ET
0.934 g
517.89 771.45 24.48 -11.04 re
f
BT
10.079 0 0 10.079 517.89 762.3301 Tm
0 g
( )Tj
ET
0.934 g
542.61 771.45 7.68 -11.04 re
f
BT
10.079 0 0 10.079 547.89 762.3301 Tm
0 g
( )Tj
ET
0.934 g
550.53 771.45 22.56 -11.04 re
f
BT
10.079 0 0 10.079 557.2499 762.3301 Tm
0 g
(\(6.0)Tj
ET
0.934 g
573.33 771.45 13.2 -11.04 re
f
BT
10.079 0 0 10.079 573.33 762.3301 Tm
0 g
(\))Tj
-54.3385 -1.2144 TD
[( )-2178.8(Minority interest in Cliffs and Associates Limited)-19633( )-2726.5( )-678.7(\(1.3)-12.5(\))-1000.5( )-2726.5( )-678.7(\(2.6)-12.5(\))]TJ
ET
0.934 g
25.65 746.97 24.24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 737.8501 Tm
0 g
( )Tj
ET
0.934 g
50.13 746.97 398.64 -11.04 re
f
BT
10.079 0 0 10.079 50.13 737.8501 Tm
0 g
(Cumulative effect of accounting change )Tj
/F2 1 Tf
16.2445 0 TD
(—)Tj
/F12 1 Tf
0.9999 0 TD
( net of $5.0 tax)Tj
ET
0.934 g
449.01 746.97 24.48 -11.04 re
f
BT
10.079 0 0 10.079 449.01 737.8501 Tm
0 g
( )Tj
ET
0.934 g
473.73 746.97 7.68 -11.04 re
f
BT
10.079 0 0 10.079 473.73 737.8501 Tm
0 g
( )Tj
ET
0.934 g
481.65 746.97 22.56 -11.04 re
f
BT
10.079 0 0 10.079 481.65 737.8501 Tm
0 g
( )Tj
ET
0.934 g
504.45 746.97 13.2 -11.04 re
f
BT
10.079 0 0 10.079 504.45 737.8501 Tm
0 g
( )Tj
ET
0.934 g
517.89 746.97 24.48 -11.04 re
f
BT
10.079 0 0 10.079 517.89 737.8501 Tm
0 g
( )Tj
ET
0.934 g
542.61 746.97 7.68 -11.04 re
f
BT
10.079 0 0 10.079 547.89 737.8501 Tm
0 g
( )Tj
ET
0.934 g
550.53 746.97 22.56 -11.04 re
f
BT
10.079 0 0 10.079 557.2499 737.8501 Tm
0 g
(\(9.3)Tj
ET
0.934 g
573.33 746.97 13.2 -11.04 re
f
BT
10.079 0 0 10.079 573.33 737.8501 Tm
0 g
(\))Tj
-54.3385 -1.2144 TD
2.1788 Tw
[( Other)]TJ
42.004 0 TD
2.2026 Tw
[(  )666.7(1.0)-12.1( )1119.1(  )666.7(1.3)-12.1( )]TJ
-42.004 -1.1191 TD
0 Tw
( )Tj
42.004 0 TD
2.2026 Tc
(  )Tj
ET
0.5 g
481.65 718.17 22.56 -0.48 re
f
BT
10.079 0 0 10.079 504.45 714.3301 Tm
0 g
1.0835 Tc
[(  )-1119.1( )]TJ
ET
0.5 g
550.53 718.17 22.56 -0.48 re
f
BT
10.079 0 0 10.079 573.33 714.3301 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 712.17 24.24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 703.05 Tm
0 g
( )Tj
ET
0.934 g
50.13 712.17 24.24 -11.04 re
f
BT
10.079 0 0 10.079 50.13 703.05 Tm
0 g
( )Tj
ET
0.934 g
74.61 712.17 374.16 -11.04 re
f
BT
10.079 0 0 10.079 74.61 703.05 Tm
0 g
(Total before changes in operating assets and liabilities)Tj
ET
0.934 g
449.01 712.17 24.48 -11.04 re
f
BT
10.079 0 0 10.079 449.01 703.05 Tm
0 g
( )Tj
ET
0.934 g
473.73 712.17 7.68 -11.04 re
f
BT
10.079 0 0 10.079 479.01 703.05 Tm
0 g
( )Tj
ET
0.934 g
481.65 712.17 22.56 -11.04 re
f
BT
10.079 0 0 10.079 488.37 703.05 Tm
0 g
(\(3.3)Tj
ET
0.934 g
504.45 712.17 13.2 -11.04 re
f
BT
10.079 0 0 10.079 504.45 703.05 Tm
0 g
(\))Tj
ET
0.934 g
517.89 712.17 24.48 -11.04 re
f
BT
10.079 0 0 10.079 517.89 703.05 Tm
0 g
( )Tj
ET
0.934 g
542.61 712.17 7.68 -11.04 re
f
BT
10.079 0 0 10.079 547.89 703.05 Tm
0 g
( )Tj
ET
0.934 g
550.53 712.17 22.56 -11.04 re
f
BT
10.079 0 0 10.079 552.21 703.05 Tm
0 g
(\(21.2)Tj
ET
0.934 g
573.33 712.17 13.2 -11.04 re
f
BT
10.079 0 0 10.079 573.33 703.05 Tm
0 g
(\))Tj
-54.3385 -1.2144 TD
[( )-2178.8(Changes in operating assets and liabilities)-22827.7( )-2726.5( )-178.6(\(16.7)-12.6(\))-1000.5( )-2726.5( )-178.6(\(50.6)-12.6(\))]TJ
0 -1.1192 TD
( )Tj
42.004 0 TD
2.2026 Tc
(  )Tj
ET
0.5 g
481.65 683.37 22.56 -0.48 re
f
BT
10.079 0 0 10.079 504.45 679.53 Tm
0 g
1.0835 Tc
[(  )-1119.1( )]TJ
ET
0.5 g
550.53 683.37 22.56 -0.48 re
f
BT
10.079 0 0 10.079 573.33 679.53 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 677.37 24.24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 668.2501 Tm
0 g
( )Tj
ET
0.934 g
50.13 677.37 24.24 -11.04 re
f
BT
10.079 0 0 10.079 50.13 668.2501 Tm
0 g
( )Tj
ET
0.934 g
74.61 677.37 24.24 -11.04 re
f
BT
10.079 0 0 10.079 74.61 668.2501 Tm
0 g
( )Tj
ET
0.934 g
99.09 677.37 349.68 -11.04 re
f
BT
10.079 0 0 10.079 99.09 668.2501 Tm
0 g
(Net cash used by operating activities)Tj
ET
0.934 g
449.01 677.37 24.48 -11.04 re
f
BT
10.079 0 0 10.079 449.01 668.2501 Tm
0 g
( )Tj
ET
0.934 g
473.73 677.37 7.68 -11.04 re
f
BT
10.079 0 0 10.079 479.01 668.2501 Tm
0 g
( )Tj
ET
0.934 g
481.65 677.37 22.56 -11.04 re
f
BT
10.079 0 0 10.079 483.33 668.2501 Tm
0 g
(\(20.0)Tj
ET
0.934 g
504.45 677.37 13.2 -11.04 re
f
BT
10.079 0 0 10.079 504.45 668.2501 Tm
0 g
(\))Tj
ET
0.934 g
517.89 677.37 24.48 -11.04 re
f
BT
10.079 0 0 10.079 517.89 668.2501 Tm
0 g
( )Tj
ET
0.934 g
542.61 677.37 7.68 -11.04 re
f
BT
10.079 0 0 10.079 547.89 668.2501 Tm
0 g
( )Tj
ET
0.934 g
550.53 677.37 22.56 -11.04 re
f
BT
10.079 0 0 10.079 552.21 668.2501 Tm
0 g
(\(71.8)Tj
ET
0.934 g
573.33 677.37 13.2 -11.04 re
f
BT
10.079 0 0 10.079 573.33 668.2501 Tm
0 g
(\))Tj
-54.3385 -1.2144 TD
-0.0001 Tc
2.2027 Tw
[(INVESTING )2202.6(ACTIVITIES)-30924.1(  )1666.8( )190.5( )1119.1(  )1666.8( )190.5( )]TJ
ET
0.934 g
25.65 652.89 24.24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 643.7701 Tm
0 g
0 Tc
0 Tw
( )Tj
ET
0.934 g
50.13 652.89 398.64 -11.04 re
f
BT
10.079 0 0 10.079 50.13 643.7701 Tm
0 g
(Purchase of property, plant and equipment:)Tj
ET
0.934 g
449.01 652.89 24.48 -11.04 re
f
BT
10.079 0 0 10.079 449.01 643.7701 Tm
0 g
( )Tj
ET
0.934 g
473.73 652.89 7.68 -11.04 re
f
BT
10.079 0 0 10.079 473.73 643.7701 Tm
0 g
( )Tj
ET
0.934 g
481.65 652.89 22.56 -11.04 re
f
BT
10.079 0 0 10.079 481.65 643.7701 Tm
0 g
( )Tj
ET
0.934 g
504.45 652.89 13.2 -11.04 re
f
BT
10.079 0 0 10.079 504.45 643.7701 Tm
0 g
( )Tj
ET
0.934 g
517.89 652.89 24.48 -11.04 re
f
BT
10.079 0 0 10.079 517.89 643.7701 Tm
0 g
( )Tj
ET
0.934 g
542.61 652.89 7.68 -11.04 re
f
BT
10.079 0 0 10.079 542.61 643.7701 Tm
0 g
( )Tj
ET
0.934 g
550.53 652.89 22.56 -11.04 re
f
BT
10.079 0 0 10.079 550.53 643.7701 Tm
0 g
( )Tj
ET
0.934 g
573.33 652.89 13.2 -11.04 re
f
BT
10.079 0 0 10.079 573.33 643.7701 Tm
0 g
( )Tj
-54.3385 -1.2144 TD
2.1788 Tw
[(  Consolidated)-31868.8( )-23.8( )1643( )166.7( )1095.3( )-23.8( )1643( )166.7( )]TJ
ET
0.934 g
25.65 628.41 24.24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 619.29 Tm
0 g
0 Tw
( )Tj
ET
0.934 g
50.13 628.41 24.24 -11.04 re
f
BT
10.079 0 0 10.079 50.13 619.29 Tm
0 g
( )Tj
ET
0.934 g
74.61 628.41 24.24 -11.04 re
f
BT
10.079 0 0 10.079 74.61 619.29 Tm
0 g
( )Tj
ET
0.934 g
99.09 628.41 349.68 -11.04 re
f
BT
10.079 0 0 10.079 99.09 619.29 Tm
0 g
(Cliffs and Associates Limited)Tj
ET
0.934 g
449.01 628.41 24.48 -11.04 re
f
BT
10.079 0 0 10.079 449.01 619.29 Tm
0 g
( )Tj
ET
0.934 g
473.73 628.41 7.68 -11.04 re
f
BT
10.079 0 0 10.079 473.73 619.29 Tm
0 g
( )Tj
ET
0.934 g
481.65 628.41 22.56 -11.04 re
f
BT
10.079 0 0 10.079 481.65 619.29 Tm
0 g
( )Tj
ET
0.934 g
504.45 628.41 13.2 -11.04 re
f
BT
10.079 0 0 10.079 504.45 619.29 Tm
0 g
( )Tj
ET
0.934 g
517.89 628.41 24.48 -11.04 re
f
BT
10.079 0 0 10.079 517.89 619.29 Tm
0 g
( )Tj
ET
0.934 g
542.61 628.41 7.68 -11.04 re
f
BT
10.079 0 0 10.079 547.89 619.29 Tm
0 g
( )Tj
ET
0.934 g
550.53 628.41 22.56 -11.04 re
f
BT
10.079 0 0 10.079 557.2499 619.29 Tm
0 g
(\(5.5)Tj
ET
0.934 g
573.33 628.41 13.2 -11.04 re
f
BT
10.079 0 0 10.079 573.33 619.29 Tm
0 g
(\))Tj
-54.3385 -1.2144 TD
2.1788 Tw
[(   All )2178.8(other)-31134.9( )-547.7( )1500.1(\(5.3)-12.5(\))-1000.5( )-547.7( )1500.1(\(2.9)-12.5(\))]TJ
ET
0.934 g
25.65 603.93 24.24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 594.8101 Tm
0 g
0 Tw
( )Tj
ET
0.934 g
50.13 603.93 24.24 -11.04 re
f
BT
10.079 0 0 10.079 50.13 594.8101 Tm
0 g
( )Tj
ET
0.934 g
74.61 603.93 374.16 -11.04 re
f
BT
10.079 0 0 10.079 74.61 594.8101 Tm
0 g
(Share of associated iron ore ventures)Tj
ET
0.934 g
449.01 603.93 24.48 -11.04 re
f
BT
10.079 0 0 10.079 449.01 594.8101 Tm
0 g
( )Tj
ET
0.934 g
473.73 603.93 7.68 -11.04 re
f
BT
10.079 0 0 10.079 479.01 594.8101 Tm
0 g
( )Tj
ET
0.934 g
481.65 603.93 22.56 -11.04 re
f
BT
10.079 0 0 10.079 488.37 594.8101 Tm
0 g
(\(2.3)Tj
ET
0.934 g
504.45 603.93 13.2 -11.04 re
f
BT
10.079 0 0 10.079 504.45 594.8101 Tm
0 g
(\))Tj
ET
0.934 g
517.89 603.93 24.48 -11.04 re
f
BT
10.079 0 0 10.079 517.89 594.8101 Tm
0 g
( )Tj
ET
0.934 g
542.61 603.93 7.68 -11.04 re
f
BT
10.079 0 0 10.079 547.89 594.8101 Tm
0 g
( )Tj
ET
0.934 g
550.53 603.93 22.56 -11.04 re
f
BT
10.079 0 0 10.079 562.2899 594.8101 Tm
0 g
(\(.9)Tj
ET
0.934 g
573.33 603.93 13.2 -11.04 re
f
BT
10.079 0 0 10.079 573.33 594.8101 Tm
0 g
(\))Tj
-54.3385 -1.2144 TD
[( )-2178.8(Investment in steel company common stock)-21994.7( )-2726.5( )-178.6(\(13.0)-12.6(\))-1000.5( )-2202.6( )-535.8( )-2012.1( )]TJ
ET
0.934 g
25.65 579.45 24.24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 570.3301 Tm
0 g
( )Tj
ET
0.934 g
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0.5 g
440.61 771.69 22.56 -2.88 re
f
BT
10.079 0 0 10.079 463.41 766.65 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
489.57 771.69 20.88 -2.88 re
f
BT
10.079 0 0 10.079 510.6899 766.65 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
547.89 771.69 22.56 -2.88 re
f
BT
10.079 0 0 10.079 570.6899 766.65 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 764.49 301.2 -11.04 re
f
BT
10.079 0 0 10.079 25.65 755.3701 Tm
0 g
(Income \(loss\) before income taxes and minority interest)Tj
ET
0.934 g
327.09 764.49 10.32 -11.04 re
f
BT
10.079 0 0 10.079 327.09 755.3701 Tm
0 g
( )Tj
ET
0.934 g
337.65 764.49 4.8 -11.04 re
f
BT
10.079 0 0 10.079 337.65 755.3701 Tm
0 g
( )Tj
ET
0.934 g
342.69 764.49 22.56 -11.04 re
f
BT
10.079 0 0 10.079 352.77 755.3701 Tm
0 g
(4.5)Tj
ET
0.934 g
365.49 764.49 4.8 -11.04 re
f
BT
10.079 0 0 10.079 365.49 755.3701 Tm
0 g
( )Tj
ET
0.934 g
370.53 764.49 10.32 -11.04 re
f
BT
10.079 0 0 10.079 370.53 755.3701 Tm
0 g
( )Tj
ET
0.934 g
381.09 764.49 10.32 -11.04 re
f
BT
10.079 0 0 10.079 389.01 755.3701 Tm
0 g
( )Tj
ET
0.934 g
391.65 764.49 22.56 -11.04 re
f
BT
10.079 0 0 10.079 398.37 755.3701 Tm
0 g
(\(3.5)Tj
ET
0.934 g
414.45 764.49 10.32 -11.04 re
f
BT
10.079 0 0 10.079 414.45 755.3701 Tm
0 g
(\))Tj
ET
0.934 g
425.01 764.49 10.32 -11.04 re
f
BT
10.079 0 0 10.079 425.01 755.3701 Tm
0 g
( )Tj
ET
0.934 g
435.57 764.49 4.8 -11.04 re
f
BT
10.079 0 0 10.079 435.57 755.3701 Tm
0 g
( )Tj
ET
0.934 g
440.61 764.49 22.56 -11.04 re
f
BT
10.079 0 0 10.079 450.69 755.3701 Tm
0 g
(1.0)Tj
ET
0.934 g
463.41 764.49 4.8 -11.04 re
f
BT
10.079 0 0 10.079 463.41 755.3701 Tm
0 g
( )Tj
ET
0.934 g
468.45 764.49 10.32 -11.04 re
f
BT
10.079 0 0 10.079 468.45 755.3701 Tm
0 g
( )Tj
ET
0.934 g
479.01 764.49 10.32 -11.04 re
f
BT
10.079 0 0 10.079 486.93 755.3701 Tm
0 g
( )Tj
ET
0.934 g
489.57 764.49 20.88 -11.04 re
f
BT
10.079 0 0 10.079 494.61 755.3701 Tm
0 g
(\(7.2)Tj
ET
0.934 g
510.69 764.49 10.32 -11.04 re
f
BT
10.079 0 0 10.079 510.6899 755.3701 Tm
0 g
(\))Tj
ET
0.934 g
521.25 764.49 10.32 -11.04 re
f
BT
10.079 0 0 10.079 521.2499 755.3701 Tm
0 g
( )Tj
ET
0.934 g
531.81 764.49 15.84 -11.04 re
f
BT
10.079 0 0 10.079 545.2499 755.3701 Tm
0 g
( )Tj
ET
0.934 g
547.89 764.49 22.56 -11.04 re
f
BT
10.079 0 0 10.079 554.61 755.3701 Tm
0 g
(\(6.2)Tj
ET
0.934 g
570.69 764.49 15.84 -11.04 re
f
BT
10.079 0 0 10.079 570.6899 755.3701 Tm
0 g
(\))Tj
-54.0766 -1.2144 TD
0.7977 Tw
[(Investments )797.7(in )797.7(associated )797.7(iron )797.7(ore )797.7(ventures)-12662.1(  )47.6(34.1)-12.2( )547.7(   )-1214.4(   )47.6(34.1)-12.2( )547.7(   )-1047.7(   )-1047.7(34.1)-12.2( )]TJ
ET
0.934 g
25.65 740.01 301.2 -11.04 re
f
BT
10.079 0 0 10.079 25.65 730.8901 Tm
0 g
0 Tw
(Other identifiable assets)Tj
ET
0.934 g
327.09 740.01 10.32 -11.04 re
f
BT
10.079 0 0 10.079 327.09 730.8901 Tm
0 g
( )Tj
ET
0.934 g
337.65 740.01 4.8 -11.04 re
f
BT
10.079 0 0 10.079 337.65 730.8901 Tm
0 g
( )Tj
ET
0.934 g
342.69 740.01 22.56 -11.04 re
f
BT
10.079 0 0 10.079 342.69 730.8901 Tm
0 g
(700.5)Tj
ET
0.934 g
365.49 740.01 4.8 -11.04 re
f
BT
10.079 0 0 10.079 365.49 730.8901 Tm
0 g
( )Tj
ET
0.934 g
370.53 740.01 10.32 -11.04 re
f
BT
10.079 0 0 10.079 370.53 730.8901 Tm
0 g
( )Tj
ET
0.934 g
381.09 740.01 10.32 -11.04 re
f
BT
10.079 0 0 10.079 381.09 730.8901 Tm
0 g
( )Tj
ET
0.934 g
391.65 740.01 22.56 -11.04 re
f
BT
10.079 0 0 10.079 391.65 730.8901 Tm
0 g
(134.1)Tj
ET
0.934 g
414.45 740.01 10.32 -11.04 re
f
BT
10.079 0 0 10.079 414.45 730.8901 Tm
0 g
( )Tj
ET
0.934 g
425.01 740.01 10.32 -11.04 re
f
BT
10.079 0 0 10.079 425.01 730.8901 Tm
0 g
( )Tj
ET
0.934 g
435.57 740.01 4.8 -11.04 re
f
BT
10.079 0 0 10.079 435.57 730.8901 Tm
0 g
( )Tj
ET
0.934 g
440.61 740.01 22.56 -11.04 re
f
BT
10.079 0 0 10.079 440.61 730.8901 Tm
0 g
(834.6)Tj
ET
0.934 g
463.41 740.01 4.8 -11.04 re
f
BT
10.079 0 0 10.079 463.41 730.8901 Tm
0 g
( )Tj
ET
0.934 g
468.45 740.01 10.32 -11.04 re
f
BT
10.079 0 0 10.079 468.45 730.8901 Tm
0 g
( )Tj
ET
0.934 g
479.01 740.01 10.32 -11.04 re
f
BT
10.079 0 0 10.079 479.01 730.8901 Tm
0 g
( )Tj
ET
0.934 g
489.57 740.01 20.88 -11.04 re
f
BT
10.079 0 0 10.079 492.93 730.8901 Tm
0 g
(15.2)Tj
ET
0.934 g
510.69 740.01 10.32 -11.04 re
f
BT
10.079 0 0 10.079 510.6899 730.8901 Tm
0 g
( )Tj
ET
0.934 g
521.25 740.01 10.32 -11.04 re
f
BT
10.079 0 0 10.079 521.2499 730.8901 Tm
0 g
( )Tj
ET
0.934 g
531.81 740.01 15.84 -11.04 re
f
BT
10.079 0 0 10.079 531.8099 730.8901 Tm
0 g
( )Tj
ET
0.934 g
547.89 740.01 22.56 -11.04 re
f
BT
10.079 0 0 10.079 547.89 730.8901 Tm
0 g
(849.8)Tj
ET
0.934 g
570.69 740.01 15.84 -11.04 re
f
BT
10.079 0 0 10.079 570.6899 730.8901 Tm
0 g
( )Tj
-54.0766 -1.1192 TD
29.6576 Tc
[(  )28859.9( )]TJ
ET
0.5 g
342.69 723.45 22.56 -0.48 re
f
BT
10.079 0 0 10.079 365.49 719.61 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
391.65 723.45 22.56 -0.48 re
f
BT
10.079 0 0 10.079 414.45 719.61 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
440.61 723.45 22.56 -0.48 re
f
BT
10.079 0 0 10.079 463.41 719.61 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
489.57 723.45 20.88 -0.48 re
f
BT
10.079 0 0 10.079 510.6899 719.61 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
547.89 723.45 22.56 -0.48 re
f
BT
10.079 0 0 10.079 570.6899 719.61 Tm
0 g
0 Tc
( )Tj
-54.0766 -1.1191 TD
0.7977 Tw
[( )23.8(Total )797.7(assets)-24190.1(  )547.7(734.6)-12.3( )547.7(  134.1)-12.3(   )547.7(868.7)-12.3( )547.7(  )-333.4(15.2)-12.2(   )-547.7(883.9)-12.3( )]TJ
T*
29.6576 Tc
0 Tw
[(  )28859.9( )]TJ
ET
0.5 g
342.69 702.09 22.56 -2.88 re
f
BT
10.079 0 0 10.079 365.49 697.05 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
391.65 702.09 22.56 -2.88 re
f
BT
10.079 0 0 10.079 414.45 697.05 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
440.61 702.09 22.56 -2.88 re
f
BT
10.079 0 0 10.079 463.41 697.05 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
489.57 702.09 20.88 -2.88 re
f
BT
10.079 0 0 10.079 510.6899 697.05 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
547.89 702.09 22.56 -2.88 re
f
BT
10.079 0 0 10.079 570.6899 697.05 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 694.89 301.2 -11.04 re
f
BT
10.079 0 0 10.079 25.65 685.7701 Tm
0 g
(Second Quarter 2001)Tj
ET
0.934 g
327.09 694.89 10.32 -11.04 re
f
BT
10.079 0 0 10.079 327.09 685.7701 Tm
0 g
( )Tj
ET
0.934 g
337.65 694.89 4.8 -11.04 re
f
BT
10.079 0 0 10.079 337.65 685.7701 Tm
0 g
( )Tj
ET
0.934 g
342.69 694.89 22.56 -11.04 re
f
BT
10.079 0 0 10.079 342.69 685.7701 Tm
0 g
( )Tj
ET
0.934 g
365.49 694.89 4.8 -11.04 re
f
BT
10.079 0 0 10.079 365.49 685.7701 Tm
0 g
( )Tj
ET
0.934 g
370.53 694.89 10.32 -11.04 re
f
BT
10.079 0 0 10.079 370.53 685.7701 Tm
0 g
( )Tj
ET
0.934 g
381.09 694.89 10.32 -11.04 re
f
BT
10.079 0 0 10.079 381.09 685.7701 Tm
0 g
( )Tj
ET
0.934 g
391.65 694.89 22.56 -11.04 re
f
BT
10.079 0 0 10.079 391.65 685.7701 Tm
0 g
( )Tj
ET
0.934 g
414.45 694.89 10.32 -11.04 re
f
BT
10.079 0 0 10.079 414.45 685.7701 Tm
0 g
( )Tj
ET
0.934 g
425.01 694.89 10.32 -11.04 re
f
BT
10.079 0 0 10.079 425.01 685.7701 Tm
0 g
( )Tj
ET
0.934 g
435.57 694.89 4.8 -11.04 re
f
BT
10.079 0 0 10.079 435.57 685.7701 Tm
0 g
( )Tj
ET
0.934 g
440.61 694.89 22.56 -11.04 re
f
BT
10.079 0 0 10.079 440.61 685.7701 Tm
0 g
( )Tj
ET
0.934 g
463.41 694.89 4.8 -11.04 re
f
BT
10.079 0 0 10.079 463.41 685.7701 Tm
0 g
( )Tj
ET
0.934 g
468.45 694.89 10.32 -11.04 re
f
BT
10.079 0 0 10.079 468.45 685.7701 Tm
0 g
( )Tj
ET
0.934 g
479.01 694.89 10.32 -11.04 re
f
BT
10.079 0 0 10.079 479.01 685.7701 Tm
0 g
( )Tj
ET
0.934 g
489.57 694.89 20.88 -11.04 re
f
BT
10.079 0 0 10.079 489.57 685.7701 Tm
0 g
( )Tj
ET
0.934 g
510.69 694.89 10.32 -11.04 re
f
BT
10.079 0 0 10.079 510.6899 685.7701 Tm
0 g
( )Tj
ET
0.934 g
521.25 694.89 10.32 -11.04 re
f
BT
10.079 0 0 10.079 521.2499 685.7701 Tm
0 g
( )Tj
ET
0.934 g
531.81 694.89 15.84 -11.04 re
f
BT
10.079 0 0 10.079 531.8099 685.7701 Tm
0 g
( )Tj
ET
0.934 g
547.89 694.89 22.56 -11.04 re
f
BT
10.079 0 0 10.079 547.89 685.7701 Tm
0 g
( )Tj
ET
0.934 g
570.69 694.89 15.84 -11.04 re
f
BT
10.079 0 0 10.079 570.6899 685.7701 Tm
0 g
( )Tj
-54.0766 -1.2144 TD
[(Sales and services to external customers)-13829( )-797.7($)-500.1(83.1)-12.2( )-250( )-1345.4($)-1000.1(3.7)-12.1( )-797.7( )-797.7($)-500.1(86.8)-12.2( )-250( )-1345.4($ )-1845.4( )-797.7( )-1893.1($)-500.1(86.8)-12.2( )]TJ
ET
0.934 g
25.65 670.41 301.2 -11.04 re
f
BT
10.079 0 0 10.079 25.65 661.29 Tm
0 g
(Royalties and management fees)Tj
ET
0.934 g
327.09 670.41 10.32 -11.04 re
f
BT
10.079 0 0 10.079 327.09 661.29 Tm
0 g
( )Tj
ET
0.934 g
337.65 670.41 4.8 -11.04 re
f
BT
10.079 0 0 10.079 337.65 661.29 Tm
0 g
( )Tj
ET
0.934 g
342.69 670.41 22.56 -11.04 re
f
BT
10.079 0 0 10.079 352.77 661.29 Tm
0 g
(6.9)Tj
ET
0.934 g
365.49 670.41 4.8 -11.04 re
f
BT
10.079 0 0 10.079 365.49 661.29 Tm
0 g
( )Tj
ET
0.934 g
370.53 670.41 10.32 -11.04 re
f
BT
10.079 0 0 10.079 370.53 661.29 Tm
0 g
( )Tj
ET
0.934 g
381.09 670.41 10.32 -11.04 re
f
BT
10.079 0 0 10.079 381.09 661.29 Tm
0 g
( )Tj
ET
0.934 g
391.65 670.41 22.56 -11.04 re
f
BT
10.079 0 0 10.079 391.65 661.29 Tm
0 g
( )Tj
ET
0.934 g
414.45 670.41 10.32 -11.04 re
f
BT
10.079 0 0 10.079 414.45 661.29 Tm
0 g
( )Tj
ET
0.934 g
425.01 670.41 10.32 -11.04 re
f
BT
10.079 0 0 10.079 425.01 661.29 Tm
0 g
( )Tj
ET
0.934 g
435.57 670.41 4.8 -11.04 re
f
BT
10.079 0 0 10.079 435.57 661.29 Tm
0 g
( )Tj
ET
0.934 g
440.61 670.41 22.56 -11.04 re
f
BT
10.079 0 0 10.079 450.69 661.29 Tm
0 g
(6.9)Tj
ET
0.934 g
463.41 670.41 4.8 -11.04 re
f
BT
10.079 0 0 10.079 463.41 661.29 Tm
0 g
( )Tj
ET
0.934 g
468.45 670.41 10.32 -11.04 re
f
BT
10.079 0 0 10.079 468.45 661.29 Tm
0 g
( )Tj
ET
0.934 g
479.01 670.41 10.32 -11.04 re
f
BT
10.079 0 0 10.079 479.01 661.29 Tm
0 g
( )Tj
ET
0.934 g
489.57 670.41 20.88 -11.04 re
f
BT
10.079 0 0 10.079 489.57 661.29 Tm
0 g
( )Tj
ET
0.934 g
510.69 670.41 10.32 -11.04 re
f
BT
10.079 0 0 10.079 510.6899 661.29 Tm
0 g
( )Tj
ET
0.934 g
521.25 670.41 10.32 -11.04 re
f
BT
10.079 0 0 10.079 521.2499 661.29 Tm
0 g
( )Tj
ET
0.934 g
531.81 670.41 15.84 -11.04 re
f
BT
10.079 0 0 10.079 531.8099 661.29 Tm
0 g
( )Tj
ET
0.934 g
547.89 670.41 22.56 -11.04 re
f
BT
10.079 0 0 10.079 557.97 661.29 Tm
0 g
(6.9)Tj
ET
0.934 g
570.69 670.41 15.84 -11.04 re
f
BT
10.079 0 0 10.079 570.6899 661.29 Tm
0 g
( )Tj
-54.0766 -1.1191 TD
29.6576 Tc
[(  )28859.9( )]TJ
ET
0.5 g
342.69 653.85 22.56 -0.48 re
f
BT
10.079 0 0 10.079 365.49 650.0101 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
391.65 653.85 22.56 -0.48 re
f
BT
10.079 0 0 10.079 414.45 650.0101 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
440.61 653.85 22.56 -0.48 re
f
BT
10.079 0 0 10.079 463.41 650.0101 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
489.57 653.85 20.88 -0.48 re
f
BT
10.079 0 0 10.079 510.6899 650.0101 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
547.89 653.85 22.56 -0.48 re
f
BT
10.079 0 0 10.079 570.6899 650.0101 Tm
0 g
0 Tc
( )Tj
-54.0766 -1.1192 TD
0.7977 Tw
[( )23.8(Total )797.7(operating )797.7(revenues)-18942.6(  )47.6(90.0)-12.2( )547.7(  )-1000.1(3.7)-12.1(   )47.6(93.7)-12.2( )547.7(   )-1047.7(   )-1047.7(93.7)-12.2( )]TJ
T*
29.6576 Tc
0 Tw
[(  )28859.9( )]TJ
ET
0.5 g
342.69 632.49 22.56 -2.88 re
f
BT
10.079 0 0 10.079 365.49 627.4501 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
391.65 632.49 22.56 -2.88 re
f
BT
10.079 0 0 10.079 414.45 627.4501 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
440.61 632.49 22.56 -2.88 re
f
BT
10.079 0 0 10.079 463.41 627.4501 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
489.57 632.49 20.88 -2.88 re
f
BT
10.079 0 0 10.079 510.6899 627.4501 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
547.89 632.49 22.56 -2.88 re
f
BT
10.079 0 0 10.079 570.6899 627.4501 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 625.29 301.2 -11.04 re
f
BT
10.079 0 0 10.079 25.65 616.17 Tm
0 g
(Loss before income taxes and minority interest)Tj
ET
0.934 g
327.09 625.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 327.09 616.17 Tm
0 g
( )Tj
ET
0.934 g
337.65 625.29 4.8 -11.04 re
f
BT
10.079 0 0 10.079 340.05 616.17 Tm
0 g
( )Tj
ET
0.934 g
342.69 625.29 22.56 -11.04 re
f
BT
10.079 0 0 10.079 344.37 616.17 Tm
0 g
(\(10.5)Tj
ET
0.934 g
365.49 625.29 4.8 -11.04 re
f
BT
10.079 0 0 10.079 365.49 616.17 Tm
0 g
(\))Tj
ET
0.934 g
370.53 625.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 370.53 616.17 Tm
0 g
( )Tj
ET
0.934 g
381.09 625.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 389.01 616.17 Tm
0 g
( )Tj
ET
0.934 g
391.65 625.29 22.56 -11.04 re
f
BT
10.079 0 0 10.079 398.37 616.17 Tm
0 g
(\(6.7)Tj
ET
0.934 g
414.45 625.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 414.45 616.17 Tm
0 g
(\))Tj
ET
0.934 g
425.01 625.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 425.01 616.17 Tm
0 g
( )Tj
ET
0.934 g
435.57 625.29 4.8 -11.04 re
f
BT
10.079 0 0 10.079 437.97 616.17 Tm
0 g
( )Tj
ET
0.934 g
440.61 625.29 22.56 -11.04 re
f
BT
10.079 0 0 10.079 442.29 616.17 Tm
0 g
(\(17.2)Tj
ET
0.934 g
463.41 625.29 4.8 -11.04 re
f
BT
10.079 0 0 10.079 463.41 616.17 Tm
0 g
(\))Tj
ET
0.934 g
468.45 625.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 468.45 616.17 Tm
0 g
( )Tj
ET
0.934 g
479.01 625.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 486.93 616.17 Tm
0 g
( )Tj
ET
0.934 g
489.57 625.29 20.88 -11.04 re
f
BT
10.079 0 0 10.079 494.61 616.17 Tm
0 g
(\(6.4)Tj
ET
0.934 g
510.69 625.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 510.6899 616.17 Tm
0 g
(\))Tj
ET
0.934 g
521.25 625.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 521.2499 616.17 Tm
0 g
( )Tj
ET
0.934 g
531.81 625.29 15.84 -11.04 re
f
BT
10.079 0 0 10.079 545.2499 616.17 Tm
0 g
( )Tj
ET
0.934 g
547.89 625.29 22.56 -11.04 re
f
BT
10.079 0 0 10.079 549.5699 616.17 Tm
0 g
(\(23.6)Tj
ET
0.934 g
570.69 625.29 15.84 -11.04 re
f
BT
10.079 0 0 10.079 570.6899 616.17 Tm
0 g
(\))Tj
-54.0766 -1.2144 TD
0.7977 Tw
[(Investments )797.7(in )797.7(associated )797.7(iron )797.7(ore )797.7(ventures)-12662.1(  )547.7(132.4)-12.3( )547.7(   )-1214.4(   )547.7(132.4)-12.3( )547.7(   )-1047.7(   )-547.7(132.4)-12.3( )]TJ
ET
0.934 g
25.65 600.81 301.2 -11.04 re
f
BT
10.079 0 0 10.079 25.65 591.6901 Tm
0 g
0 Tw
(Other identifiable assets)Tj
ET
0.934 g
327.09 600.81 10.32 -11.04 re
f
BT
10.079 0 0 10.079 327.09 591.6901 Tm
0 g
( )Tj
ET
0.934 g
337.65 600.81 4.8 -11.04 re
f
BT
10.079 0 0 10.079 337.65 591.6901 Tm
0 g
( )Tj
ET
0.934 g
342.69 600.81 22.56 -11.04 re
f
BT
10.079 0 0 10.079 342.69 591.6901 Tm
0 g
(479.7)Tj
ET
0.934 g
365.49 600.81 4.8 -11.04 re
f
BT
10.079 0 0 10.079 365.49 591.6901 Tm
0 g
( )Tj
ET
0.934 g
370.53 600.81 10.32 -11.04 re
f
BT
10.079 0 0 10.079 370.53 591.6901 Tm
0 g
( )Tj
ET
0.934 g
381.09 600.81 10.32 -11.04 re
f
BT
10.079 0 0 10.079 381.09 591.6901 Tm
0 g
( )Tj
ET
0.934 g
391.65 600.81 22.56 -11.04 re
f
BT
10.079 0 0 10.079 391.65 591.6901 Tm
0 g
(139.3)Tj
ET
0.934 g
414.45 600.81 10.32 -11.04 re
f
BT
10.079 0 0 10.079 414.45 591.6901 Tm
0 g
( )Tj
ET
0.934 g
425.01 600.81 10.32 -11.04 re
f
BT
10.079 0 0 10.079 425.01 591.6901 Tm
0 g
( )Tj
ET
0.934 g
435.57 600.81 4.8 -11.04 re
f
BT
10.079 0 0 10.079 435.57 591.6901 Tm
0 g
( )Tj
ET
0.934 g
440.61 600.81 22.56 -11.04 re
f
BT
10.079 0 0 10.079 440.61 591.6901 Tm
0 g
(619.0)Tj
ET
0.934 g
463.41 600.81 4.8 -11.04 re
f
BT
10.079 0 0 10.079 463.41 591.6901 Tm
0 g
( )Tj
ET
0.934 g
468.45 600.81 10.32 -11.04 re
f
BT
10.079 0 0 10.079 468.45 591.6901 Tm
0 g
( )Tj
ET
0.934 g
479.01 600.81 10.32 -11.04 re
f
BT
10.079 0 0 10.079 479.01 591.6901 Tm
0 g
( )Tj
ET
0.934 g
489.57 600.81 20.88 -11.04 re
f
BT
10.079 0 0 10.079 492.93 591.6901 Tm
0 g
(29.8)Tj
ET
0.934 g
510.69 600.81 10.32 -11.04 re
f
BT
10.079 0 0 10.079 510.6899 591.6901 Tm
0 g
( )Tj
ET
0.934 g
521.25 600.81 10.32 -11.04 re
f
BT
10.079 0 0 10.079 521.2499 591.6901 Tm
0 g
( )Tj
ET
0.934 g
531.81 600.81 15.84 -11.04 re
f
BT
10.079 0 0 10.079 531.8099 591.6901 Tm
0 g
( )Tj
ET
0.934 g
547.89 600.81 22.56 -11.04 re
f
BT
10.079 0 0 10.079 547.89 591.6901 Tm
0 g
(648.8)Tj
ET
0.934 g
570.69 600.81 15.84 -11.04 re
f
BT
10.079 0 0 10.079 570.6899 591.6901 Tm
0 g
( )Tj
-54.0766 -1.1192 TD
29.6576 Tc
[(  )28859.9( )]TJ
ET
0.5 g
342.69 584.25 22.56 -0.48 re
f
BT
10.079 0 0 10.079 365.49 580.41 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
391.65 584.25 22.56 -0.48 re
f
BT
10.079 0 0 10.079 414.45 580.41 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
440.61 584.25 22.56 -0.48 re
f
BT
10.079 0 0 10.079 463.41 580.41 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
489.57 584.25 20.88 -0.48 re
f
BT
10.079 0 0 10.079 510.6899 580.41 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
547.89 584.25 22.56 -0.48 re
f
BT
10.079 0 0 10.079 570.6899 580.41 Tm
0 g
0 Tc
( )Tj
-54.0766 -1.2144 TD
0.7977 Tw
[( )23.8(Total )797.7(assets)-24190.1(  )547.7(612.1)-12.3( )547.7(  139.3)-12.3(   )547.7(751.4)-12.3( )547.7(  )-333.4(29.8)-12.2(   )-547.7(781.2)-12.3( )]TJ
0 -1.1192 TD
29.6576 Tc
0 Tw
[(  )28859.9( )]TJ
ET
0.5 g
342.69 561.93 22.56 -2.88 re
f
BT
10.079 0 0 10.079 365.49 556.8901 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
391.65 561.93 22.56 -2.88 re
f
BT
10.079 0 0 10.079 414.45 556.8901 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
440.61 561.93 22.56 -2.88 re
f
BT
10.079 0 0 10.079 463.41 556.8901 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
489.57 561.93 20.88 -2.88 re
f
BT
10.079 0 0 10.079 510.6899 556.8901 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
547.89 561.93 22.56 -2.88 re
f
BT
10.079 0 0 10.079 570.6899 556.8901 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 553.77 301.2 -11.04 re
f
BT
10.079 0 0 10.079 25.65 544.6501 Tm
0 g
(First Six Months 2002)Tj
ET
0.934 g
327.09 553.77 10.32 -11.04 re
f
BT
10.079 0 0 10.079 327.09 544.6501 Tm
0 g
( )Tj
ET
0.934 g
337.65 553.77 4.8 -11.04 re
f
BT
10.079 0 0 10.079 337.65 544.6501 Tm
0 g
( )Tj
ET
0.934 g
342.69 553.77 22.56 -11.04 re
f
BT
10.079 0 0 10.079 342.69 544.6501 Tm
0 g
( )Tj
ET
0.934 g
365.49 553.77 4.8 -11.04 re
f
BT
10.079 0 0 10.079 365.49 544.6501 Tm
0 g
( )Tj
ET
0.934 g
370.53 553.77 10.32 -11.04 re
f
BT
10.079 0 0 10.079 370.53 544.6501 Tm
0 g
( )Tj
ET
0.934 g
381.09 553.77 10.32 -11.04 re
f
BT
10.079 0 0 10.079 381.09 544.6501 Tm
0 g
( )Tj
ET
0.934 g
391.65 553.77 22.56 -11.04 re
f
BT
10.079 0 0 10.079 391.65 544.6501 Tm
0 g
( )Tj
ET
0.934 g
414.45 553.77 10.32 -11.04 re
f
BT
10.079 0 0 10.079 414.45 544.6501 Tm
0 g
( )Tj
ET
0.934 g
425.01 553.77 10.32 -11.04 re
f
BT
10.079 0 0 10.079 425.01 544.6501 Tm
0 g
( )Tj
ET
0.934 g
435.57 553.77 4.8 -11.04 re
f
BT
10.079 0 0 10.079 435.57 544.6501 Tm
0 g
( )Tj
ET
0.934 g
440.61 553.77 22.56 -11.04 re
f
BT
10.079 0 0 10.079 440.61 544.6501 Tm
0 g
( )Tj
ET
0.934 g
463.41 553.77 4.8 -11.04 re
f
BT
10.079 0 0 10.079 463.41 544.6501 Tm
0 g
( )Tj
ET
0.934 g
468.45 553.77 10.32 -11.04 re
f
BT
10.079 0 0 10.079 468.45 544.6501 Tm
0 g
( )Tj
ET
0.934 g
479.01 553.77 10.32 -11.04 re
f
BT
10.079 0 0 10.079 479.01 544.6501 Tm
0 g
( )Tj
ET
0.934 g
489.57 553.77 20.88 -11.04 re
f
BT
10.079 0 0 10.079 489.57 544.6501 Tm
0 g
( )Tj
ET
0.934 g
510.69 553.77 10.32 -11.04 re
f
BT
10.079 0 0 10.079 510.6899 544.6501 Tm
0 g
( )Tj
ET
0.934 g
521.25 553.77 10.32 -11.04 re
f
BT
10.079 0 0 10.079 521.2499 544.6501 Tm
0 g
( )Tj
ET
0.934 g
531.81 553.77 15.84 -11.04 re
f
BT
10.079 0 0 10.079 531.8099 544.6501 Tm
0 g
( )Tj
ET
0.934 g
547.89 553.77 22.56 -11.04 re
f
BT
10.079 0 0 10.079 547.89 544.6501 Tm
0 g
( )Tj
ET
0.934 g
570.69 553.77 15.84 -11.04 re
f
BT
10.079 0 0 10.079 570.6899 544.6501 Tm
0 g
( )Tj
-54.0766 -1.2144 TD
[(Sales and services to external customers)-13829( )-797.7($207.6)-12.3( )-250( )-1345.4($ )-2012.1( )-797.7( )-797.7($207.6)-12.3( )-250( )-1345.4($ )-1845.4( )-797.7( )-1893.1($207.6)-12.3( )]TJ
ET
0.934 g
25.65 529.29 301.2 -11.04 re
f
BT
10.079 0 0 10.079 25.65 520.17 Tm
0 g
(Royalties and management fees)Tj
ET
0.934 g
327.09 529.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 327.09 520.17 Tm
0 g
( )Tj
ET
0.934 g
337.65 529.29 4.8 -11.04 re
f
BT
10.079 0 0 10.079 337.65 520.17 Tm
0 g
( )Tj
ET
0.934 g
342.69 529.29 22.56 -11.04 re
f
BT
10.079 0 0 10.079 352.77 520.17 Tm
0 g
(4.6)Tj
ET
0.934 g
365.49 529.29 4.8 -11.04 re
f
BT
10.079 0 0 10.079 365.49 520.17 Tm
0 g
( )Tj
ET
0.934 g
370.53 529.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 370.53 520.17 Tm
0 g
( )Tj
ET
0.934 g
381.09 529.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 381.09 520.17 Tm
0 g
( )Tj
ET
0.934 g
391.65 529.29 22.56 -11.04 re
f
BT
10.079 0 0 10.079 391.65 520.17 Tm
0 g
( )Tj
ET
0.934 g
414.45 529.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 414.45 520.17 Tm
0 g
( )Tj
ET
0.934 g
425.01 529.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 425.01 520.17 Tm
0 g
( )Tj
ET
0.934 g
435.57 529.29 4.8 -11.04 re
f
BT
10.079 0 0 10.079 435.57 520.17 Tm
0 g
( )Tj
ET
0.934 g
440.61 529.29 22.56 -11.04 re
f
BT
10.079 0 0 10.079 450.69 520.17 Tm
0 g
(4.6)Tj
ET
0.934 g
463.41 529.29 4.8 -11.04 re
f
BT
10.079 0 0 10.079 463.41 520.17 Tm
0 g
( )Tj
ET
0.934 g
468.45 529.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 468.45 520.17 Tm
0 g
( )Tj
ET
0.934 g
479.01 529.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 479.01 520.17 Tm
0 g
( )Tj
ET
0.934 g
489.57 529.29 20.88 -11.04 re
f
BT
10.079 0 0 10.079 489.57 520.17 Tm
0 g
( )Tj
ET
0.934 g
510.69 529.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 510.6899 520.17 Tm
0 g
( )Tj
ET
0.934 g
521.25 529.29 10.32 -11.04 re
f
BT
10.079 0 0 10.079 521.2499 520.17 Tm
0 g
( )Tj
ET
0.934 g
531.81 529.29 15.84 -11.04 re
f
BT
10.079 0 0 10.079 531.8099 520.17 Tm
0 g
( )Tj
ET
0.934 g
547.89 529.29 22.56 -11.04 re
f
BT
10.079 0 0 10.079 557.97 520.17 Tm
0 g
(4.6)Tj
ET
0.934 g
570.69 529.29 15.84 -11.04 re
f
BT
10.079 0 0 10.079 570.6899 520.17 Tm
0 g
( )Tj
-54.0766 -1.1192 TD
29.6576 Tc
[(  )28859.9( )]TJ
ET
0.5 g
342.69 512.73 22.56 -0.48 re
f
BT
10.079 0 0 10.079 365.49 508.89 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
391.65 512.73 22.56 -0.48 re
f
BT
10.079 0 0 10.079 414.45 508.89 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
440.61 512.73 22.56 -0.48 re
f
BT
10.079 0 0 10.079 463.41 508.89 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
489.57 512.73 20.88 -0.48 re
f
BT
10.079 0 0 10.079 510.6899 508.89 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
547.89 512.73 22.56 -0.48 re
f
BT
10.079 0 0 10.079 570.6899 508.89 Tm
0 g
0 Tc
( )Tj
-54.0766 -1.1192 TD
0.7977 Tw
[( )23.8(Total )797.7(operating )797.7(revenues)-18942.6(  )547.7(212.2)-12.3( )547.7(   )-1214.4(   )547.7(212.2)-12.3( )547.7(   )-1047.7(   )-547.7(212.2)-12.3( )]TJ
T*
29.6576 Tc
0 Tw
[(  )28859.9( )]TJ
ET
0.5 g
342.69 491.37 22.56 -2.88 re
f
BT
10.079 0 0 10.079 365.49 486.3301 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
391.65 491.37 22.56 -2.88 re
f
BT
10.079 0 0 10.079 414.45 486.3301 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
440.61 491.37 22.56 -2.88 re
f
BT
10.079 0 0 10.079 463.41 486.3301 Tm
0 g
0.25 Tc
[(  )-547.7( )]TJ
ET
0.5 g
489.57 491.37 20.88 -2.88 re
f
BT
10.079 0 0 10.079 510.6899 486.3301 Tm
0 g
0.7977 Tc
(   )Tj
ET
0.5 g
547.89 491.37 22.56 -2.88 re
f
BT
10.079 0 0 10.079 570.6899 486.3301 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 484.17 301.2 -11.04 re
f
BT
10.079 0 0 10.079 25.65 475.0501 Tm
0 g
(Loss before income taxes and minority interest)Tj
ET
0.934 g
327.09 484.17 10.32 -11.04 re
f
BT
10.079 0 0 10.079 327.09 475.0501 Tm
0 g
( )Tj
ET
0.934 g
337.65 484.17 4.8 -11.04 re
f
BT
10.079 0 0 10.079 340.05 475.0501 Tm
0 g
( )Tj
ET
0.934 g
342.69 484.17 22.56 -11.04 re
f
BT
10.079 0 0 10.079 349.41 475.0501 Tm
0 g
(\(7.3)Tj
ET
0.934 g
365.49 484.17 4.8 -11.04 re
f
BT
10.079 0 0 10.079 365.49 475.0501 Tm
0 g
(\))Tj
ET
0.934 g
370.53 484.17 10.32 -11.04 re
f
BT
10.079 0 0 10.079 370.53 475.0501 Tm
0 g
( )Tj
ET
0.934 g
381.09 484.17 10.32 -11.04 re
f
BT
10.079 0 0 10.079 389.01 475.0501 Tm
0 g
( )Tj
ET
0.934 g
391.65 484.17 22.56 -11.04 re
f
BT
10.079 0 0 10.079 398.37 475.0501 Tm
0 g
(\(7.6)Tj
ET
0.934 g
414.45 484.17 10.32 -11.04 re
f
BT
10.079 0 0 10.079 414.45 475.0501 Tm
0 g
(\))Tj
ET
0.934 g
425.01 484.17 10.32 -11.04 re
f
BT
10.079 0 0 10.079 425.01 475.0501 Tm
0 g
( )Tj
ET
0.934 g
435.57 484.17 4.8 -11.04 re
f
BT
10.079 0 0 10.079 437.97 475.0501 Tm
0 g
( )Tj
ET
0.934 g
440.61 484.17 22.56 -11.04 re
f
BT
10.079 0 0 10.079 442.29 475.0501 Tm
0 g
(\(14.9)Tj
ET
0.934 g
463.41 484.17 4.8 -11.04 re
f
BT
10.079 0 0 10.079 463.41 475.0501 Tm
0 g
(\))Tj
ET
0.934 g
468.45 484.17 10.32 -11.04 re
f
BT
10.079 0 0 10.079 468.45 475.0501 Tm
0 g
( )Tj
ET
0.934 g
479.01 484.17 10.32 -11.04 re
f
BT
10.079 0 0 10.079 486.93 475.0501 Tm
0 g
( )Tj
ET
0.934 g
489.57 484.17 20.88 -11.04 re
f
BT
10.079 0 0 10.079 489.57 475.0501 Tm
0 g
(\(11.5)Tj
ET
0.934 g
510.69 484.17 10.32 -11.04 re
f
BT
10.079 0 0 10.079 510.6899 475.0501 Tm
0 g
(\))Tj
ET
0.934 g
521.25 484.17 10.32 -11.04 re
f
BT
10.079 0 0 10.079 521.2499 475.0501 Tm
0 g
( )Tj
ET
0.934 g
531.81 484.17 15.84 -11.04 re
f
BT
10.079 0 0 10.079 545.2499 475.0501 Tm
0 g
( )Tj
ET
0.934 g
547.89 484.17 22.56 -11.04 re
f
BT
10.079 0 0 10.079 549.5699 475.0501 Tm
0 g
(\(26.4)Tj
ET
0.934 g
570.69 484.17 15.84 -11.04 re
f
BT
10.079 0 0 10.079 570.6899 475.0501 Tm
0 g
(\))Tj
-54.0766 -1.2144 TD
0.7977 Tw
[(First )797.7(Six )797.7(Months )797.7(2001)-20934.4(  )547.7( )-1214.4( )547.7(   )-1214.4(   )547.7( )-1214.4( )547.7(   )-1047.7(   )-547.7( )-1214.4( )]TJ
ET
0.934 g
25.65 459.69 301.2 -11.04 re
f
BT
10.079 0 0 10.079 25.65 450.5701 Tm
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( )Tj
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0.934 g
360.45 774.09 19.2 -11.04 re
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0.934 g
379.89 774.09 12.72 -11.04 re
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10.079 0 0 10.079 379.89 764.97 Tm
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( )Tj
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0.934 g
392.85 774.09 20.88 -11.04 re
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10.079 0 0 10.079 392.85 764.97 Tm
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0.934 g
413.97 774.09 18.48 -11.04 re
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( )Tj
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0.934 g
432.69 774.09 24 -11.04 re
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0.934 g
456.93 774.09 12.72 -11.04 re
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10.079 0 0 10.079 456.93 764.97 Tm
0 g
( )Tj
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0.934 g
469.89 774.09 20.88 -11.04 re
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BT
10.079 0 0 10.079 469.89 764.97 Tm
0 g
( )Tj
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0.934 g
491.01 774.09 18.48 -11.04 re
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BT
10.079 0 0 10.079 491.01 764.97 Tm
0 g
( )Tj
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0.934 g
509.73 774.09 24 -11.04 re
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0.934 g
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0.934 g
546.93 774.09 20.88 -11.04 re
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0.934 g
568.05 774.09 18.48 -11.04 re
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( )Tj
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[( Amount)-23058.1( $)-500.1(.)0(6)-12( )2095.4( )-309.5($\(15.1)-12.6(\))-1524.3( )-785.8($\(12.2)-12.6(\))-1524.3( )-785.8($\(24.7)-12.6(\))]TJ
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0.934 g
25.65 749.61 24 -11.04 re
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10.079 0 0 10.079 25.65 740.4901 Tm
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0 Tw
( )Tj
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0.934 g
49.89 749.61 265.2 -11.04 re
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(Per share)Tj
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0.934 g
315.33 749.61 24 -11.04 re
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( )Tj
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(.06)Tj
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357.33 749.61 2.88 -11.04 re
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( )Tj
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0.934 g
360.45 749.61 19.2 -11.04 re
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0 g
( )Tj
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0.934 g
379.89 749.61 12.72 -11.04 re
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10.079 0 0 10.079 390.21 740.4901 Tm
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( )Tj
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0.934 g
392.85 749.61 20.88 -11.04 re
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10.079 0 0 10.079 392.85 740.4901 Tm
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(\(1.50)Tj
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0.934 g
413.97 749.61 18.48 -11.04 re
f
BT
10.079 0 0 10.079 413.97 740.4901 Tm
0 g
(\))Tj
ET
0.934 g
432.69 749.61 24 -11.04 re
f
BT
10.079 0 0 10.079 432.69 740.4901 Tm
0 g
( )Tj
ET
0.934 g
456.93 749.61 12.72 -11.04 re
f
BT
10.079 0 0 10.079 467.25 740.4901 Tm
0 g
( )Tj
ET
0.934 g
469.89 749.61 20.88 -11.04 re
f
BT
10.079 0 0 10.079 469.89 740.4901 Tm
0 g
(\(1.20)Tj
ET
0.934 g
491.01 749.61 18.48 -11.04 re
f
BT
10.079 0 0 10.079 491.01 740.4901 Tm
0 g
(\))Tj
ET
0.934 g
509.73 749.61 24 -11.04 re
f
BT
10.079 0 0 10.079 509.7299 740.4901 Tm
0 g
( )Tj
ET
0.934 g
533.97 749.61 12.72 -11.04 re
f
BT
10.079 0 0 10.079 544.2899 740.4901 Tm
0 g
( )Tj
ET
0.934 g
546.93 749.61 20.88 -11.04 re
f
BT
10.079 0 0 10.079 546.9299 740.4901 Tm
0 g
(\(2.45)Tj
ET
0.934 g
568.05 749.61 18.48 -11.04 re
f
BT
10.079 0 0 10.079 568.0499 740.4901 Tm
0 g
(\))Tj
-53.8146 -1.2144 TD
[(Cumulative effect of accounting change:)-12468.3( )-2155( )-250( )-1012( )-59.6( )-1678.8( )-1035.8( )-1845.4( )-1607.3( )-2155( )-1035.8( )-1845.4( )-1607.3( )-2155( )-1035.8( )-1845.4( )]TJ
ET
0.934 g
25.65 725.13 24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 716.0101 Tm
0 g
( )Tj
ET
0.934 g
49.89 725.13 265.2 -11.04 re
f
BT
10.079 0 0 10.079 49.89 716.0101 Tm
0 g
(Amount)Tj
ET
0.934 g
315.33 725.13 24 -11.04 re
f
BT
10.079 0 0 10.079 315.33 716.0101 Tm
0 g
( )Tj
ET
0.934 g
339.57 725.13 4.8 -11.04 re
f
BT
10.079 0 0 10.079 339.57 716.0101 Tm
0 g
( )Tj
ET
0.934 g
344.61 725.13 12.48 -11.04 re
f
BT
10.079 0 0 10.079 344.61 716.0101 Tm
0 g
( )Tj
ET
0.934 g
357.33 725.13 2.88 -11.04 re
f
BT
10.079 0 0 10.079 357.33 716.0101 Tm
0 g
( )Tj
ET
0.934 g
360.45 725.13 19.2 -11.04 re
f
BT
10.079 0 0 10.079 360.45 716.0101 Tm
0 g
( )Tj
ET
0.934 g
379.89 725.13 12.72 -11.04 re
f
BT
10.079 0 0 10.079 379.89 716.0101 Tm
0 g
( )Tj
ET
0.934 g
392.85 725.13 20.88 -11.04 re
f
BT
10.079 0 0 10.079 392.85 716.0101 Tm
0 g
( )Tj
ET
0.934 g
413.97 725.13 18.48 -11.04 re
f
BT
10.079 0 0 10.079 413.97 716.0101 Tm
0 g
( )Tj
ET
0.934 g
432.69 725.13 24 -11.04 re
f
BT
10.079 0 0 10.079 432.69 716.0101 Tm
0 g
( )Tj
ET
0.934 g
456.93 725.13 12.72 -11.04 re
f
BT
10.079 0 0 10.079 456.93 716.0101 Tm
0 g
( )Tj
ET
0.934 g
469.89 725.13 20.88 -11.04 re
f
BT
10.079 0 0 10.079 469.89 716.0101 Tm
0 g
( )Tj
ET
0.934 g
491.01 725.13 18.48 -11.04 re
f
BT
10.079 0 0 10.079 491.01 716.0101 Tm
0 g
( )Tj
ET
0.934 g
509.73 725.13 24 -11.04 re
f
BT
10.079 0 0 10.079 509.7299 716.0101 Tm
0 g
( )Tj
ET
0.934 g
533.97 725.13 12.72 -11.04 re
f
BT
10.079 0 0 10.079 533.97 716.0101 Tm
0 g
( )Tj
ET
0.934 g
546.93 725.13 20.88 -11.04 re
f
BT
10.079 0 0 10.079 555.33 716.0101 Tm
0 g
(9.3)Tj
ET
0.934 g
568.05 725.13 18.48 -11.04 re
f
BT
10.079 0 0 10.079 568.0499 716.0101 Tm
0 g
( )Tj
-53.8146 -1.2144 TD
2.155 Tw
[( Per )2155(share)-22643.1(  )1905( )1143( )2095.4( )476.2( )1119.2( )309.6( )547.7(  )1119.2( )309.6( )547.7(  )285.8(.92)-12.1( )]TJ
0 -1.1192 TD
28.4908 Tc
0 Tw
[(  )26335.8( )]TJ
ET
0.5 g
344.61 696.33 12.48 -0.48 re
f
BT
10.079 0 0 10.079 357.33 692.4901 Tm
0 g
0.0596 Tc
[(  )-1619.2( )]TJ
ET
0.5 g
392.85 696.33 20.88 -0.48 re
f
BT
10.079 0 0 10.079 413.97 692.4901 Tm
0 g
1.6073 Tc
[(  )-547.7( )]TJ
ET
0.5 g
469.89 696.33 20.88 -0.48 re
f
BT
10.079 0 0 10.079 491.01 692.4901 Tm
0 g
[(  )-547.7( )]TJ
ET
0.5 g
546.93 696.33 20.88 -0.48 re
f
BT
10.079 0 0 10.079 568.0499 692.4901 Tm
0 g
0 Tc
( )Tj
ET
0.934 g
25.65 690.33 289.44 -11.04 re
f
BT
10.079 0 0 10.079 25.65 681.2101 Tm
0 g
(Net income \(loss\):)Tj
ET
0.934 g
315.33 690.33 24 -11.04 re
f
BT
10.079 0 0 10.079 315.33 681.2101 Tm
0 g
( )Tj
ET
0.934 g
339.57 690.33 4.8 -11.04 re
f
BT
10.079 0 0 10.079 339.57 681.2101 Tm
0 g
( )Tj
ET
0.934 g
344.61 690.33 12.48 -11.04 re
f
BT
10.079 0 0 10.079 344.61 681.2101 Tm
0 g
( )Tj
ET
0.934 g
357.33 690.33 2.88 -11.04 re
f
BT
10.079 0 0 10.079 357.33 681.2101 Tm
0 g
( )Tj
ET
0.934 g
360.45 690.33 19.2 -11.04 re
f
BT
10.079 0 0 10.079 360.45 681.2101 Tm
0 g
( )Tj
ET
0.934 g
379.89 690.33 12.72 -11.04 re
f
BT
10.079 0 0 10.079 379.89 681.2101 Tm
0 g
( )Tj
ET
0.934 g
392.85 690.33 20.88 -11.04 re
f
BT
10.079 0 0 10.079 392.85 681.2101 Tm
0 g
( )Tj
ET
0.934 g
413.97 690.33 18.48 -11.04 re
f
BT
10.079 0 0 10.079 413.97 681.2101 Tm
0 g
( )Tj
ET
0.934 g
432.69 690.33 24 -11.04 re
f
BT
10.079 0 0 10.079 432.69 681.2101 Tm
0 g
( )Tj
ET
0.934 g
456.93 690.33 12.72 -11.04 re
f
BT
10.079 0 0 10.079 456.93 681.2101 Tm
0 g
( )Tj
ET
0.934 g
469.89 690.33 20.88 -11.04 re
f
BT
10.079 0 0 10.079 469.89 681.2101 Tm
0 g
( )Tj
ET
0.934 g
491.01 690.33 18.48 -11.04 re
f
BT
10.079 0 0 10.079 491.01 681.2101 Tm
0 g
( )Tj
ET
0.934 g
509.73 690.33 24 -11.04 re
f
BT
10.079 0 0 10.079 509.7299 681.2101 Tm
0 g
( )Tj
ET
0.934 g
533.97 690.33 12.72 -11.04 re
f
BT
10.079 0 0 10.079 533.97 681.2101 Tm
0 g
( )Tj
ET
0.934 g
546.93 690.33 20.88 -11.04 re
f
BT
10.079 0 0 10.079 546.9299 681.2101 Tm
0 g
( )Tj
ET
0.934 g
568.05 690.33 18.48 -11.04 re
f
BT
10.079 0 0 10.079 568.0499 681.2101 Tm
0 g
( )Tj
-53.8146 -1.2144 TD
0.0119 Tw
[( )-2143.1(Amount)-23058.1( )-2143.1( )-738.2(.6)-12( )-47.7( )-2690.8( \(15.1)-12.6(\))-1524.3( )-3167( \(12.2)-12.6(\))-1524.3( )-3167( \(15.4)-12.6(\))]TJ
ET
0.934 g
25.65 665.85 24 -11.04 re
f
BT
10.079 0 0 10.079 25.65 656.73 Tm
0 g
0 Tw
( )Tj
ET
0.934 g
49.89 665.85 265.2 -11.04 re
f
BT
10.079 0 0 10.079 49.89 656.73 Tm
0 g
(Per share)Tj
ET
0.934 g
315.33 665.85 24 -11.04 re
f
BT
10.079 0 0 10.079 315.33 656.73 Tm
0 g
( )Tj
ET
0.934 g
339.57 665.85 4.8 -11.04 re
f
BT
10.079 0 0 10.079 339.57 656.73 Tm
0 g
( )Tj
ET
0.934 g
344.61 665.85 12.48 -11.04 re
f
BT
10.079 0 0 10.079 344.61 656.73 Tm
0 g
(.06)Tj
ET
0.934 g
357.33 665.85 2.88 -11.04 re
f
BT
10.079 0 0 10.079 357.33 656.73 Tm
0 g
( )Tj
ET
0.934 g
360.45 665.85 19.2 -11.04 re
f
BT
10.079 0 0 10.079 360.45 656.73 Tm
0 g
( )Tj
ET
0.934 g
379.89 665.85 12.72 -11.04 re
f
BT
10.079 0 0 10.079 390.21 656.73 Tm
0 g
( )Tj
ET
0.934 g
392.85 665.85 20.88 -11.04 re
f
BT
10.079 0 0 10.079 392.85 656.73 Tm
0 g
(\(1.50)Tj
ET
0.934 g
413.97 665.85 18.48 -11.04 re
f
BT
10.079 0 0 10.079 413.97 656.73 Tm
0 g
(\))Tj
ET
0.934 g
432.69 665.85 24 -11.04 re
f
BT
10.079 0 0 10.079 432.69 656.73 Tm
0 g
( )Tj
ET
0.934 g
456.93 665.85 12.72 -11.04 re
f
BT
10.079 0 0 10.079 467.25 656.73 Tm
0 g
( )Tj
ET
0.934 g
469.89 665.85 20.88 -11.04 re
f
BT
10.079 0 0 10.079 469.89 656.73 Tm
0 g
(\(1.20)Tj
ET
0.934 g
491.01 665.85 18.48 -11.04 re
f
BT
10.079 0 0 10.079 491.01 656.73 Tm
0 g
(\))Tj
ET
0.934 g
509.73 665.85 24 -11.04 re
f
BT
10.079 0 0 10.079 509.7299 656.73 Tm
0 g
( )Tj
ET
0.934 g
533.97 665.85 12.72 -11.04 re
f
BT
10.079 0 0 10.079 544.2899 656.73 Tm
0 g
( )Tj
ET
0.934 g
546.93 665.85 20.88 -11.04 re
f
BT
10.079 0 0 10.079 546.9299 656.73 Tm
0 g
(\(1.53)Tj
ET
0.934 g
568.05 665.85 18.48 -11.04 re
f
BT
10.079 0 0 10.079 568.0499 656.73 Tm
0 g
(\))Tj
/F13 1 Tf
-53.8146 -2.6907 TD
(Second Quarter)Tj
/F12 1 Tf
0 -2.5717 TD
(         The loss before income taxes and minority interest for the second quarter 2002 was $6.2 million, an improvement of $17)Tj
50.5444 0 TD
(.4 million )Tj
-50.5444 -1.1192 TD
(from the second quarter of 2001. The improvement in pre-tax results was mainly due to higher pellet sales and production volume)Tj
52.0153 0 TD
(, and )Tj
-52.0153 -1.1192 TD
(lower Cliffs and Associates Limited \()Tj
/F2 1 Tf
15.0246 0 TD
(“)Tj
/F12 1 Tf
0.444 0 TD
-0.0001 Tc
(CAL)Tj
/F2 1 Tf
1.9998 0 TD
0 Tc
(”)Tj
/F12 1 Tf
0.444 0 TD
(\) losses, partially offset by lower royalties and management fees, increased corporate )Tj
-17.9124 -1.1192 TD
(expense and higher business development expenses. )Tj
27.3359 -2.6907 TD
(10)Tj
ET
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/GS1 gs
1 i 
18.21 989.85 575.76 -559.2 re
f
BT
/F12 1 Tf
12 0 0 12 25.65 979.05 Tm
0 g
0 Tc
0 Tw
(                  )Tj
10.079 0 0 10.079 25.65 953.13 Tm
(         Following is a summary of the pellet sales margin: )Tj
12 0 0 12 25.65 940.17 Tm
1.75 Tc
[( )20( )-18700(   )100( )-460(  )-460( )240( )-940(  )460( )520( )]TJ
7.439 0 0 7.439 25.65 930.8101 Tm
2.944 Tc
(  )Tj
36.5854 0 TD
0 Tc
18.1717 Tw
[( \(In )18171.7(Millions\))]TJ
-36.5854 -1.1292 TD
2.944 Tc
0 Tw
(  )Tj
36.5854 0 TD
0 Tc
17.6233 Tw
[( Second )17623.3(Quarter)]TJ
-36.5854 -1.1292 TD
2.944 Tc
0 Tw
(  )Tj
36.5854 0 TD
0 Tc
( )Tj
ET
0.5 g
321.81 914.73 264.72 -0.48 re
f
BT
7.439 0 0 7.439 25.65 905.61 Tm
0 g
2.944 Tc
(  )Tj
36.5854 0 TD
0 Tc
7.0735 Tw
[( 2002)-4162( )-645.3(2001)-4807.2( )2097(Increase)]TJ
-36.5854 -1.1292 TD
2.944 Tc
0 Tw
(  )Tj
36.5854 0 TD
0 Tc
( )Tj
ET
0.5 g
321.81 897.93 76.08 -0.48 re
f
BT
7.439 0 0 7.439 398.13 897.2101 Tm
0 g
( )Tj
ET
0.5 g
422.13 897.93 85.68 -0.48 re
f
BT
7.439 0 0 7.439 508.0499 897.2101 Tm
0 g
( )Tj
ET
0.5 g
532.05 897.93 54.48 -0.48 re
f
0.934 g
25.65 895.53 271.92 -11.04 re
f
BT
10.079 0 0 10.079 25.65 886.41 Tm
0 g
(Sales \(tons\))Tj
ET
0.934 g
297.81 895.53 23.76 -11.04 re
f
BT
10.079 0 0 10.079 297.81 886.41 Tm
0 g
( )Tj
ET
0.934 g
321.81 895.53 23.76 -11.04 re
f
BT
10.079 0 0 10.079 321.81 886.41 Tm
0 g
( )Tj
ET
0.934 g
345.81 895.53 22.56 -11.04 re
f
BT
10.079 0 0 10.079 355.89 886.41 Tm
0 g
(3.9)Tj
ET
0.934 g
368.61 895.53 29.28 -11.04 re
f
BT
10.079 0 0 10.079 368.61 886.41 Tm
0 g
( )Tj
ET
0.934 g
398.13 895.53 23.76 -11.04 re
f
BT
10.079 0 0 10.079 398.13 886.41 Tm
0 g
( )Tj
ET
0.934 g
422.13 895.53 29.28 -11.04 re
f
BT
10.079 0 0 10.079 422.13 886.41 Tm
0 g
( )Tj
ET
0.934 g
451.65 895.53 20.88 -11.04 re
f
BT
10.079 0 0 10.079 460.05 886.41 Tm
0 g
(2.3)Tj
ET
0.934 g
472.77 895.53 35.04 -11.04 re
f
BT
10.079 0 0 10.079 472.77 886.41 Tm
0 g
( )Tj
ET
0.934 g
508.05 895.53 23.76 -11.04 re
f
BT
10.079 0 0 10.079 508.0499 886.41 Tm
0 g
( )Tj
ET
0.934 g
532.05 895.53 18.24 -11.04 re
f
BT
10.079 0 0 10.079 532.0499 886.41 Tm
0 g
( )Tj
ET
0.934 g
550.53 895.53 17.52 -11.04 re
f
BT
10.079 0 0 10.079 555.5699 886.41 Tm
0 g
(1.6)Tj
ET
0.934 g
568.29 895.53 18.24 -11.04 re
f
BT
10.079 0 0 10.079 568.2899 886.41 Tm
0 g
( )Tj
-53.8385 -1.1192 TD
26.7526 Tc
[(  )24621.4( )]TJ
ET
0.5 g
345.81 880.17 22.56 -2.88 re
f
BT
10.079 0 0 10.079 368.61 875.13 Tm
0 g
2.6788 Tc
[(  )547.6( )]TJ
ET
0.5 g
451.65 880.17 20.88 -2.88 re
f
BT
10.079 0 0 10.079 472.77 875.13 Tm
0 g
3.2503 Tc
[(  )1119.1( )]TJ
ET
0.5 g
550.53 880.17 17.52 -2.88 re
f
BT
10.079 0 0 10.079 568.2899 875.13 Tm
0 g
0 Tc
( )Tj
-53.8385 -1.1191 TD
[(Revenue from product sales and services*)-10147.1( )-4012.3($135.9)-12.3( )-2678.8( )-4560($)-333.4(79.7)-12.2( )-3250.3( )-3464.6($56.2)-12.2( )]TJ
ET
0.934 g
25.65 860.73 271.92 -11.04 re
f
BT
10.079 0 0 10.079 25.65 851.61 Tm
0 g
(Cost of goods sold and operating expenses*)Tj
ET
0.934 g
297.81 860.73 23.76 -11.04 re
f
BT
10.079 0 0 10.079 297.81 851.61 Tm
0 g
( )Tj
ET
0.934 g
321.81 860.73 23.76 -11.04 re
f
BT
10.079 0 0 10.079 321.81 851.61 Tm
0 g
( )Tj
ET
0.934 g
345.81 860.73 22.56 -11.04 re
f
BT
10.079 0 0 10.079 345.81 851.61 Tm
0 g
(135.8)Tj
ET
0.934 g
368.61 860.73 29.28 -11.04 re
f
BT
10.079 0 0 10.079 368.61 851.61 Tm
0 g
( )Tj
ET
0.934 g
398.13 860.73 23.76 -11.04 re
f
BT
10.079 0 0 10.079 398.13 851.61 Tm
0 g
( )Tj
ET
0.934 g
422.13 860.73 29.28 -11.04 re
f
BT
10.079 0 0 10.079 422.13 851.61 Tm
0 g
( )Tj
ET
0.934 g
451.65 860.73 20.88 -11.04 re
f
BT
10.079 0 0 10.079 455.01 851.61 Tm
0 g
(97.6)Tj
ET
0.934 g
472.77 860.73 35.04 -11.04 re
f
BT
10.079 0 0 10.079 472.77 851.61 Tm
0 g
( )Tj
ET
0.934 g
508.05 860.73 23.76 -11.04 re
f
BT
10.079 0 0 10.079 508.0499 851.61 Tm
0 g
( )Tj
ET
0.934 g
532.05 860.73 18.24 -11.04 re
f
BT
10.079 0 0 10.079 532.0499 851.61 Tm
0 g
( )Tj
ET
0.934 g
550.53 860.73 17.52 -11.04 re
f
BT
10.079 0 0 10.079 550.53 851.61 Tm
0 g
(38.2)Tj
ET
0.934 g
568.29 860.73 18.24 -11.04 re
f
BT
10.079 0 0 10.079 568.2899 851.61 Tm
0 g
( )Tj
-53.8385 -1.1192 TD
26.7526 Tc
[(  )24621.4( )]TJ
ET
0.5 g
345.81 844.17 22.56 -0.48 re
f
BT
10.079 0 0 10.079 368.61 840.3301 Tm
0 g
2.6788 Tc
[(  )547.6( )]TJ
ET
0.5 g
451.65 844.17 20.88 -0.48 re
f
BT
10.079 0 0 10.079 472.77 840.3301 Tm
0 g
3.2503 Tc
[(  )1119.1( )]TJ
ET
0.5 g
550.53 844.17 17.52 -0.48 re
f
BT
10.079 0 0 10.079 568.2899 840.3301 Tm
0 g
0 Tc
( )Tj
-53.8385 -1.1192 TD
[( )-2107.4(Sales margin \(loss\))-16979.9( )-4012.3($)-1500.2(.)0(1)-12( )-2678.8( )-4560($\(17.9)-12.6(\))-3167.3( )-3464.6($18.0)-12.2( )]TJ
T*
26.7526 Tc
[(  )24621.4( )]TJ
ET
0.5 g
345.81 822.81 22.56 -2.88 re
f
BT
10.079 0 0 10.079 368.61 817.77 Tm
0 g
2.6788 Tc
[(  )547.6( )]TJ
ET
0.5 g
451.65 822.81 20.88 -2.88 re
f
BT
10.079 0 0 10.079 472.77 817.77 Tm
0 g
3.2503 Tc
[(  )1119.1( )]TJ
ET
0.5 g
550.53 822.81 17.52 -2.88 re
f
BT
10.079 0 0 10.079 568.2899 817.77 Tm
0 g
0 Tc
( )Tj
ET
0.5 g
25.65 799.77 100.8 -0.48 re
f
BT
10.079 0 0 10.079 25.65 788.25 Tm
0 g
[(*)-71.5( )-1416.8(Excludes revenues and cost of goods sold and operating expenses related to freight and minority interest)]TJ
0 -2.524 TD
(Included in the second quarter 2002 cost of goods sold and operating expense was approximately $3 million of fixed costs relate)Tj
51.3763 0 TD
(d to )Tj
-51.3763 -1.1192 TD
(production curtailments compared to $20 million in the same quarter last year. )Tj
/F13 1 Tf
0 -2.6907 TD
(First Half)Tj
/F12 1 Tf
0 -2.5717 TD
(         The loss before income taxes and minority interest for the first six months 2002 was $26.4 million, an improvement of )Tj
0 -1.1192 TD
($13.2 million from the comparable 2001 period. The improvement was primarily due to: )Tj
0 -2.524 TD
2.536 Tc
[(  )2238.3( )]TJ
/F2 1 Tf
5.0005 0 TD
0 Tc
()Tj
/F12 1 Tf
0.35 0 TD
( An improved pellet sales margin, namely reflecting higher sales and production volume, is summarized as follows:)Tj
12 0 0 12 25.65 648.8101 Tm
1.73 Tc
[(  )-18240(  )-460( )80( )-940(  )-460( )80( )-940( )-20( )920( )500( )]TJ
7.439 0 0 7.439 25.65 639.4501 Tm
2.944 Tc
(  )Tj
35.8111 0 TD
0 Tc
18.5266 Tw
[( \(In )18526.6(Millions\))]TJ
-35.8111 -1.1292 TD
2.944 Tc
0 Tw
(  )Tj
35.8111 0 TD
0 Tc
[( )-17720.1(First Six Months)]TJ
-35.8111 -1.1292 TD
2.944 Tc
(  )Tj
35.8111 0 TD
0 Tc
( )Tj
ET
0.5 g
315.81 623.37 270.72 -0.48 re
f
BT
7.439 0 0 7.439 25.65 614.2501 Tm
0 g
2.944 Tc
(  )Tj
35.8111 0 TD
0 Tc
7.751 Tw
[( 2002)-4904( 2001)-4904( )3161.7(Increase)]TJ
-35.8111 -1.1292 TD
2.944 Tc
0 Tw
(  )Tj
35.8111 0 TD
0 Tc
( )Tj
ET
0.5 g
315.81 606.57 86.88 -0.48 re
f
BT
7.439 0 0 7.439 402.93 605.85 Tm
0 g
( )Tj
ET
0.5 g
426.69 606.57 86.88 -0.48 re
f
BT
7.439 0 0 7.439 513.8099 605.85 Tm
0 g
( )Tj
ET
0.5 g
537.81 606.57 48.72 -0.48 re
f
0.934 g
25.65 604.17 266.16 -11.04 re
f
BT
10.079 0 0 10.079 25.65 595.05 Tm
0 g
(Sales \(tons\))Tj
ET
0.934 g
292.05 604.17 23.52 -11.04 re
f
BT
10.079 0 0 10.079 292.05 595.05 Tm
0 g
( )Tj
ET
0.934 g
315.81 604.17 29.04 -11.04 re
f
BT
10.079 0 0 10.079 315.81 595.05 Tm
0 g
( )Tj
ET
0.934 g
345.09 604.17 22.56 -11.04 re
f
BT
10.079 0 0 10.079 355.17 595.05 Tm
0 g
(5.2)Tj
ET
0.934 g
367.89 604.17 34.8 -11.04 re
f
BT
10.079 0 0 10.079 367.89 595.05 Tm
0 g
( )Tj
ET
0.934 g
402.93 604.17 23.52 -11.04 re
f
BT
10.079 0 0 10.079 402.93 595.05 Tm
0 g
( )Tj
ET
0.934 g
426.69 604.17 29.04 -11.04 re
f
BT
10.079 0 0 10.079 426.69 595.05 Tm
0 g
( )Tj
ET
0.934 g
455.97 604.17 22.56 -11.04 re
f
BT
10.079 0 0 10.079 466.05 595.05 Tm
0 g
(2.8)Tj
ET
0.934 g
478.77 604.17 34.8 -11.04 re
f
BT
10.079 0 0 10.079 478.77 595.05 Tm
0 g
( )Tj
ET
0.934 g
513.81 604.17 23.76 -11.04 re
f
BT
10.079 0 0 10.079 513.8099 595.05 Tm
0 g
( )Tj
ET
0.934 g
537.81 604.17 12.48 -11.04 re
f
BT
10.079 0 0 10.079 537.8099 595.05 Tm
0 g
( )Tj
ET
0.934 g
550.53 604.17 17.52 -11.04 re
f
BT
10.079 0 0 10.079 555.5699 595.05 Tm
0 g
(2.4)Tj
ET
0.934 g
568.29 604.17 18.24 -11.04 re
f
BT
10.079 0 0 10.079 568.2899 595.05 Tm
0 g
( )Tj
-53.8385 -1.1191 TD
26.1811 Tc
[(  )24073.7( )]TJ
ET
0.5 g
345.09 588.81 22.56 -2.88 re
f
BT
10.079 0 0 10.079 367.89 583.7701 Tm
0 g
3.2265 Tc
[(  )1119.1( )]TJ
ET
0.5 g
455.97 588.81 22.56 -2.88 re
f
BT
10.079 0 0 10.079 478.77 583.7701 Tm
0 g
[(  )1095.3( )]TJ
ET
0.5 g
550.53 588.81 17.52 -2.88 re
f
BT
10.079 0 0 10.079 568.2899 583.7701 Tm
0 g
0 Tc
( )Tj
-53.8385 -1.1192 TD
[(Revenue from product sales and services*)-9575.6( )-4512.4($183.8)-12.3( )-3226.5( )-4512.4($100.0)-12.3( )-3226.5( )-2893.2($83.8)-12.2( )]TJ
ET
0.934 g
25.65 569.37 266.16 -11.04 re
f
BT
10.079 0 0 10.079 25.65 560.2501 Tm
0 g
(Cost of goods sold and operating expenses*)Tj
ET
0.934 g
292.05 569.37 23.52 -11.04 re
f
BT
10.079 0 0 10.079 292.05 560.2501 Tm
0 g
( )Tj
ET
0.934 g
315.81 569.37 29.04 -11.04 re
f
BT
10.079 0 0 10.079 315.81 560.2501 Tm
0 g
( )Tj
ET
0.934 g
345.09 569.37 22.56 -11.04 re
f
BT
10.079 0 0 10.079 345.09 560.2501 Tm
0 g
(199.1)Tj
ET
0.934 g
367.89 569.37 34.8 -11.04 re
f
BT
10.079 0 0 10.079 367.89 560.2501 Tm
0 g
( )Tj
ET
0.934 g
402.93 569.37 23.52 -11.04 re
f
BT
10.079 0 0 10.079 402.93 560.2501 Tm
0 g
( )Tj
ET
0.934 g
426.69 569.37 29.04 -11.04 re
f
BT
10.079 0 0 10.079 426.69 560.2501 Tm
0 g
( )Tj
ET
0.934 g
455.97 569.37 22.56 -11.04 re
f
BT
10.079 0 0 10.079 455.97 560.2501 Tm
0 g
(132.1)Tj
ET
0.934 g
478.77 569.37 34.8 -11.04 re
f
BT
10.079 0 0 10.079 478.77 560.2501 Tm
0 g
( )Tj
ET
0.934 g
513.81 569.37 23.76 -11.04 re
f
BT
10.079 0 0 10.079 513.8099 560.2501 Tm
0 g
( )Tj
ET
0.934 g
537.81 569.37 12.48 -11.04 re
f
BT
10.079 0 0 10.079 537.8099 560.2501 Tm
0 g
( )Tj
ET
0.934 g
550.53 569.37 17.52 -11.04 re
f
BT
10.079 0 0 10.079 550.53 560.2501 Tm
0 g
(67.0)Tj
ET
0.934 g
568.29 569.37 18.24 -11.04 re
f
BT
10.079 0 0 10.079 568.2899 560.2501 Tm
0 g
( )Tj
-53.8385 -1.1192 TD
26.1811 Tc
[(  )24073.7( )]TJ
ET
0.5 g
345.09 552.81 22.56 -0.48 re
f
BT
10.079 0 0 10.079 367.89 548.97 Tm
0 g
3.2265 Tc
[(  )1119.1( )]TJ
ET
0.5 g
455.97 552.81 22.56 -0.48 re
f
BT
10.079 0 0 10.079 478.77 548.97 Tm
0 g
[(  )1095.3( )]TJ
ET
0.5 g
550.53 552.81 17.52 -0.48 re
f
BT
10.079 0 0 10.079 568.2899 548.97 Tm
0 g
0 Tc
( )Tj
-53.8385 -1.1192 TD
[( )-2107.4(Sales margin \(loss\))-16408.4( )-4512.4($)-166.7(\(15.3)-12.6(\))-3143.5( )-4512.4($)-166.7(\(32.1)-12.6(\))-3143.5( )-2893.2($16.8)-12.2( )]TJ
T*
26.1811 Tc
[(  )24073.7( )]TJ
ET
0.5 g
345.09 531.45 22.56 -2.88 re
f
BT
10.079 0 0 10.079 367.89 526.41 Tm
0 g
3.2265 Tc
[(  )1119.1( )]TJ
ET
0.5 g
455.97 531.45 22.56 -2.88 re
f
BT
10.079 0 0 10.079 478.77 526.41 Tm
0 g
[(  )1095.3( )]TJ
ET
0.5 g
550.53 531.45 17.52 -2.88 re
f
BT
10.079 0 0 10.079 568.2899 526.41 Tm
0 g
0 Tc
( )Tj
ET
0.5 g
25.65 508.41 100.8 -0.48 re
f
BT
10.079 0 0 10.079 25.65 496.8901 Tm
0 g
[(*)-71.5( )-1416.8(Excludes revenues and cost of goods sold and operating expenses related to freight and minority interest)]TJ
0 -2.5241 TD
(Included in 2002 cost of goods sold and operating expenses was approximately $17 million of fixed costs related to production )Tj
0 -1.1192 TD
(curtailments versus $25 million in 2001. )Tj
27.3359 -2.6907 TD
(11)Tj
ET
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/F12 1 Tf
12 0 0 12 25.65 979.05 Tm
0 g
0 Tc
0 Tw
(                  )Tj
10.079 0 0 10.079 25.65 953.13 Tm
( )Tj
/F2 1 Tf
2.786 0 TD
()Tj
/F12 1 Tf
0.5477 0 TD
[( )-1416.8(Royalties and management fees from partners decreased $10.2 million from last year mainly due to reduced production at )]TJ
1.6668 -1.1191 TD
(Empire Mine in 2002, and the Company)Tj
/F2 1 Tf
16.1365 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s increased ownership in Tilden Mine in 2002. Also, royalties and fees paid by the )Tj
-16.4695 -1.1192 TD
(Company as a partner in the mines, which were previously reported in both revenues and cost of goods sold and operating )Tj
T*
(expenses, have been eliminated. As a result, second quarter and first six months 2001 revenues from royalties and )Tj
T*
(management fees and cost of goods sold have been restated and reduced by $3.2 million and $4.1 million, respectively. This )Tj
T*
(had no impact on financial results.)Tj
-5.0005 -1.1192 TD
( )Tj
T*
( )Tj
/F2 1 Tf
2.786 0 TD
()Tj
/F12 1 Tf
0.5477 0 TD
[( )-1416.8(The loss from CAL of $5.8 million, or $4.5 million net of minority interest, in the first six months of 2002 compared to a )]TJ
1.6668 -1.1192 TD
(loss of $12.4 million, or $9.8 million net of minority interest, in the first half of 2001. The $5.3 million improvement for )Tj
T*
(2002 reflects cost reduction efforts including an approximate 30 percent reduction in employees and fixed cost reductions )Tj
T*
(from critical suppliers.)Tj
-5.0005 -1.1192 TD
( )Tj
T*
( )Tj
/F2 1 Tf
2.786 0 TD
()Tj
/F12 1 Tf
0.5477 0 TD
[( )-1416.8(Administrative, selling and general expenses were $2.8 million higher in the first six months of 2002 compared to the same )]TJ
1.6668 -1.1191 TD
(period in 2001, primarily due to higher pension expense, increased medical and other post-retirement benefits and higher )Tj
T*
(incentive compensation as a result of the increase in the share price of the Company)Tj
/F2 1 Tf
33.601 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s common stock.)Tj
-38.9344 -1.1192 TD
( )Tj
T*
( )Tj
/F2 1 Tf
2.786 0 TD
()Tj
/F12 1 Tf
0.5477 0 TD
[( )-1416.8(Other income was $1.3 million higher in 2002 principally due to higher sales of non-strategic assets.)]TJ
-3.3336 -1.1192 TD
( )Tj
T*
( )Tj
/F2 1 Tf
2.786 0 TD
()Tj
/F12 1 Tf
0.5477 0 TD
[( )-1416.8(Other expenses in 2002 were $.8 million lower than 2001. Higher business development expenditures in 2002 primarily )]TJ
1.6668 -1.1191 TD
(related to the Mesabi Nugget project, were more than offset by a $2.1 million pre-tax charge for restructuring activities in )Tj
T*
(2001.)Tj
-5.0005 -1.1192 TD
( )Tj
T*
( )Tj
/F2 1 Tf
2.786 0 TD
()Tj
/F12 1 Tf
0.5477 0 TD
[( )-1416.8(Interest income was unchanged from 2001. Lower interest expense in 2002 was due to lower interest rates partially offset by )]TJ
1.6668 -1.1192 TD
(higher average borrowings under the revolving credit facility.)Tj
-5.0005 -2.5241 TD
(         Included in the second quarter and first six months of 2002 was a $4.4 million favorable income tax adjustment. The ad)Tj
50.0725 0 TD
(justment )Tj
-50.0725 -1.1191 TD
(reflects the Company)Tj
/F2 1 Tf
8.5532 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s assessment of its tax obligations and expected outcome of certain audit issues relating to prior tax years. )Tj
/F13 1 Tf
-8.8862 -2.6907 TD
-0.0001 Tc
0.0001 Tw
(IRON ORE)Tj
/F12 1 Tf
0 -2.5717 TD
0 Tc
0 Tw
(         Iron ore pellet production at the Company)Tj
/F2 1 Tf
19.0793 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s managed mines increased to 7.4 million tons in the second quarter of 2002 from )Tj
-19.4122 -1.1192 TD
(6.5 million tons in 2001. The Company)Tj
/F2 1 Tf
15.7776 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s share of second quarter production of 3.8 million tons was 2.0 million tons above last year. )Tj
-16.1105 -1.1192 TD
(Total production in the first half of 2002 was 12.0 million tons versus 13.4 million tons in first half 2001. The Company)Tj
/F2 1 Tf
48.0506 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s share of )Tj
-48.3836 -1.1192 TD
(production for the first six months was 6.3 millions tons, a 1.7 million tons increase from the first six months of )Tj
27.3359 -2.6907 TD
(12)Tj
ET
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1 g
/GS1 gs
1 i 
18.21 989.85 575.76 -455.76 re
f
BT
/F12 1 Tf
12 0 0 12 25.65 979.05 Tm
0 g
0 Tc
0 Tw
(                  )Tj
10.079 0 0 10.079 25.65 953.13 Tm
(2001. Production for the full year is expected to be about 27 million tons, with the Company)Tj
/F2 1 Tf
36.9946 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s share to be about 14.6 million tons. )Tj
-37.3276 -2.524 TD
(         The Empire Mine, which was idled in the fourth quarter 2001, resumed production in April 2002. Empire was idled for th)Tj
50.9334 0 TD
(ree weeks )Tj
-50.9334 -1.1192 TD
(in July to complete planned maintenance and vacation scheduling. There are no production curtailments currently scheduled for t)Tj
51.6523 0 TD
(he )Tj
-51.6523 -1.1192 TD
(remainder of the year; however, production schedules at all mines remain subject to change. )Tj
0 -2.524 TD
(         The significant increases in the Company)Tj
/F2 1 Tf
18.8293 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s share of production is mainly due to the Company)Tj
/F2 1 Tf
20.6911 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s increased ownership and higher )Tj
-40.1864 -1.1192 TD
(production at Tilden in 2002. Partly offsetting was a decrease in pellet production from Empire. In July 2002, the Company acqu)Tj
51.5723 0 TD
(ired an )Tj
-51.5723 -1.1192 TD
(additional 8 percent interest in the Hibbing Mine from Bethlehem Steel Corporation for the assumption of approximately $6 milli)Tj
51.8253 0 TD
(on of )Tj
-51.8253 -1.1191 TD
(net mine liabilities. The acquisition increases the Company)Tj
/F2 1 Tf
23.6629 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s ownership of Hibbing from 15 percent to 23 percent, and its share of the )Tj
-23.9958 -1.1191 TD
(mine)Tj
/F2 1 Tf
1.9998 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s annual capacity by .6 million tons. )Tj
-2.3328 -2.5241 TD
(         On January 31, 2002, the Company acquired a 45 percent ownership interest in the Tilden Mine from Algoma Steel Inc. )Tj
0 -1.1192 TD
(\()Tj
/F2 1 Tf
0.333 0 TD
(“)Tj
/F12 1 Tf
0.444 0 TD
(Algoma)Tj
/F2 1 Tf
3.2217 0 TD
(”)Tj
/F12 1 Tf
0.444 0 TD
(\) for the assumption of Tilden liabilities of approximately $14 million. The acquisition increased the Company)Tj
/F2 1 Tf
44.271 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s ownership in )Tj
-49.0466 -1.1191 TD
(the mine to 85 percent, and annual production capacity by 3.5 million tons to 6.6 million tons. Concurrently, a sales agreement)Tj
50.6854 0 TD
( was )Tj
-50.6854 -1.1192 TD
(executed that made the Company the sole supplier of iron ore pellets purchased by Algoma for a 15-year period. Sales to Algoma )Tj
52.0693 0 TD
(are )Tj
-52.0693 -1.1192 TD
(expected to approach 3 million tons in 2002. )Tj
0 -2.524 TD
(         On March 5, 2002, a subsidiary of LTV Corporation \()Tj
/F2 1 Tf
23.8278 0 TD
(“)Tj
/F12 1 Tf
0.444 0 TD
-0.0001 Tc
(LTV)Tj
/F2 1 Tf
1.9438 0 TD
0 Tc
(”)Tj
/F12 1 Tf
0.444 0 TD
(\) rejected its 25 percent interest in the Empire Mine. Previously, LTV )Tj
-26.6596 -1.1192 TD
(filed for protection under Chapter 11 of the U.S. Bankruptcy Code on December 29, 2000, and in November 2001, discontinued meet)Tj
53.4592 0 TD
(ing )Tj
-53.4592 -1.1192 TD
(its Empire obligations. Ispat Inland Inc. and the Company are funding fixed obligations in proportion to their respective owner)Tj
50.6564 0 TD
(ship. )Tj
-50.6564 -2.524 TD
(         In April 2002, the Company signed a long-term agreement to supply iron ore pellets to International Steel Group Inc. \()Tj
/F2 1 Tf
49.7115 0 TD
(“)Tj
/F12 1 Tf
0.444 0 TD
(ISG)Tj
/F2 1 Tf
1.6109 0 TD
(”)Tj
/F12 1 Tf
0.444 0 TD
(\), )Tj
-52.2103 -1.1192 TD
(which had purchased the principal steel making and finishing assets of LTV. Under terms of the agreement, the Company became th)Tj
53.0412 0 TD
(e )Tj
-53.0412 -1.1191 TD
(sole supplier of pellets purchased by ISG for a 15-year period beginning in 2002. Pellet sales to ISG in 2002 are expected to e)Tj
50.3204 0 TD
(xceed )Tj
-50.3204 -1.1192 TD
(2 million tons, depending on ISG)Tj
/F2 1 Tf
13.3328 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s actual production scale-up. Sales over the remainder of the contract term will depend on ISG)Tj
/F2 1 Tf
37.7666 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s pellet )Tj
-51.7653 -1.1191 TD
(requirements. The Company invested $13 million in ISG common stock, representing approximately 7 percent of ISG)Tj
/F2 1 Tf
47.2407 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s equity. The )Tj
-47.5737 -1.1192 TD
(investment is being accounted for under the )Tj
/F2 1 Tf
17.7454 0 TD
(“)Tj
/F12 1 Tf
0.444 0 TD
(cost method)Tj
/F2 1 Tf
4.8606 0 TD
(”)Tj
/F12 1 Tf
0.444 0 TD
( and is included in )Tj
/F2 1 Tf
7.5823 0 TD
(“)Tj
/F12 1 Tf
0.444 0 TD
(Other Investments.)Tj
/F2 1 Tf
7.6093 0 TD
(”)Tj
/F12 1 Tf
0.444 0 TD
( )Tj
-39.5734 -2.5241 TD
(         In July 2002, the Company announced an amendment of its iron ore pellet sales agreement with Rouge Industries, Inc. \()Tj
/F2 1 Tf
50.2384 0 TD
(“)Tj
/F12 1 Tf
0.444 0 TD
(Rouge)Tj
/F2 1 Tf
2.6108 0 TD
(”)Tj
/F12 1 Tf
0.444 0 TD
(\), )Tj
-53.7371 -1.1192 TD
(which provides that the Company will be the sole supplier of iron ore pellets to Rouge. Sales to Rouge, which were less than 1 )Tj
50.8794 0 TD
(million )Tj
-50.8794 -1.1192 TD
(tons in 2001, are expected to approximate 1.3 million tons in 2002. Rouge is expected to purchase in excess of 3 million tons p)Tj
50.7694 0 TD
(er year )Tj
-50.7694 -1.1192 TD
(beginning in 2003, and has annual minimum obligations through 2007. The Company also announced that it has loaned $10 million t)Tj
53.2722 0 TD
(o )Tj
-53.2722 -1.1192 TD
(Rouge on a secured basis, with final maturity in 2007. )Tj
27.3359 -2.6907 TD
(13)Tj
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50.3244 0 TD
(ty )Tj
-50.3244 -1.1192 TD
(regarding the pellet requirements of customers, sales volume for 2002 is currently forecasted to be between 14.0 million and 14)Tj
51.0144 0 TD
(.5 million )Tj
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(’)Tj
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(s share of capital expenditures at the five mining ventures and supporting operations is expected to approximate )Tj
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($19 million in 2002, with $7.6 million having occurred through June 30, 2002. )Tj
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(“)Tj
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(emissions to maximum achievable control technology \()Tj
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(\) standards for many different industry segments and types of facilities. )Tj
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49.5195 0 TD
(ichigan and )Tj
-49.5195 -1.1192 TD
(Minnesota owned and operated by the Company. The EPA has not released the proposed rules for comment and evaluation. If the EPA)Tj
54.0691 0 TD
( )Tj
-54.0691 -1.1192 TD
(issues rules regulating air pollution emissions from iron ore processing facilities to MACT standards, the Company likely will )Tj
50.6874 0 TD
(incur )Tj
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48.8826 0 TD
(he proposed )Tj
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(rules or any final rules will have on the Company. )Tj
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(FERROUS METALLICS)Tj
/F12 1 Tf
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/F2 1 Tf
31.9101 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s share of idle costs was $4.5 million on a pre-tax basis. )Tj
-32.2431 -1.1191 TD
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49.8465 0 TD
( 2001, the )Tj
-49.8465 -1.1192 TD
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/F2 1 Tf
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(’)Tj
/F12 1 Tf
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(s share of CAL)Tj
/F2 1 Tf
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(’)Tj
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(s pre-operating costs was $9.8 million on a pre-tax basis. )Tj
-10.636 -2.5241 TD
(         The market for ferrous metallics products, including HBI, has been improving as steel prices have risen. The Company i)Tj
50.3764 0 TD
(s )Tj
-50.3764 -1.1191 TD
(reviewing the market and working to develop an adequate volume of sales that could allow the restart of the facility. )Tj
0 -2.5241 TD
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48.1576 0 TD
(le operations. )Tj
-48.1576 -1.1192 TD
(The Company has determined its CAL investment at June 30, 2002 is not impaired based on expected resumption of operations and )Tj
T*
(future cash flows. )Tj
0 -2.5241 TD
(         On April 4, 2002 the Company signed an agreement to participate in Phase II of the Mesabi Nugget Project. Other partic)Tj
50.5154 0 TD
(ipants )Tj
-50.5154 -1.1192 TD
(include Kobe Steel, Ltd., Steel Dynamics, Inc., Ferrometrics, Inc. and the State of Minnesota. A $24 million pilot plant will b)Tj
50.1865 0 TD
(e )Tj
-50.1865 -1.1192 TD
(constructed at the Company)Tj
/F2 1 Tf
11.192 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s Northshore Mine to test and develop Kobe Steel)Tj
/F2 1 Tf
19.9402 0 TD
(’)Tj
/F12 1 Tf
0.333 0 TD
(s technology for converting iron ore into nearly pure iron )Tj
-31.7981 -1.1192 TD
(in nugget form. The Company)Tj
/F2 1 Tf
12.1369 0 TD
(’)Tj
/F12 1 Tf
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(s contribution to the project through the pilot plant testing and development phase, will be $4.5 million. If )Tj
-12.4699 -1.1192 TD
(the pilot plant is successful, construction of a commercial size facility capable of producing 300,000 tons annually could star)Tj
49.8775 0 TD
(t as early as )Tj
-49.8775 -1.1192 TD
(2004. )Tj
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51.0754 0 TD
(01. Since )Tj
-51.0754 -1.1192 TD
(December 31, 2001, cash and cash equivalents decreased $40.6 million, primarily due to higher iron ore pellet inventories, $33.)Tj
51.0424 0 TD
(3 million, )Tj
-51.0424 -1.1192 TD
(investment in steel company common stock, $13.0 million, capital expenditures, $7.6 million, and investment in a power-related )Tj
51.6863 0 TD
(joint )Tj
-51.6863 -1.1191 TD
(venture, $6.0 million, partially offset by a federal tax refund, $11.6 million, and proceeds from sales of non-strategic assets)Tj
49.2095 0 TD
(, $5.3 million. )Tj
-49.2095 -2.5241 TD
(         At the end of June, there were 4.1 million tons of pellets in inventory at a cost of $118 million, an increase of 1.1 )Tj
47.6847 0 TD
(million tons, )Tj
-47.6847 -1.1192 TD
(from December 31, 2001, reflecting normal seasonal patterns. Pellet inventory at June 30, 2001 was 5.3 million tons, or $151 mi)Tj
51.4343 0 TD
(llion. )Tj
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(         Long-term debt of the Company consists of $70 million of senior unsecured notes, which bear a fixed interest rate of 7)Tj
49.7105 0 TD
(.0 percent )Tj
-49.7105 -1.1192 TD
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52.8762 0 TD
( )Tj
-52.8762 -1.1192 TD
(which expires on May 31, 2003. The loan interest rate on the revolving credit agreement is based on the LIBOR rate plus a premi)Tj
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(um and )Tj
-51.7363 -1.1191 TD
(is fixed through the middle of September 2002 at an average rate of 2.3 percent. The note and revolving credit agreements requi)Tj
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(re the )Tj
-51.1784 -1.1192 TD
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52.3762 0 TD
(bt )Tj
-52.3762 -1.1192 TD
(covenants, exceeding the requirements by more than $13 million at June 30, 2002 \($8 million at March 31, 2002\) for the most res)Tj
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(trictive )Tj
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(s needs during 2002. Financing alternatives remain under review to determine their ability to provide adequate funding at the )Tj
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/F2 1 Tf
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(’)Tj
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(s long-term debt and revolving credit facility at June 30, 2002 are as follows: )Tj
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(current borrowing rates. )Tj
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[(December )1750.2(31)-3523.2( )1452.5(  )-2524(  )1452.5( 10,141,953)-24.6( )-23.8( )1428.7( )-23.8(10,119,402)-24.6( )]TJ
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(STRATEGIC INVESTMENTS)Tj
/F12 1 Tf
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(         The Company is pursuing investment opportunities to broaden its scope as a supplier of iron products to the steel indu)Tj
49.4925 0 TD
(stry. In the )Tj
-49.4925 -1.1192 TD
(normal course of business, the Company examines opportunities to strengthen its position by evaluating various investment oppor)Tj
52.0203 0 TD
(tunities )Tj
-52.0203 -1.1192 TD
(consistent with its strategy. In the event of any future acquisitions or joint venture opportunities, the Company may consider )Tj
49.9635 0 TD
(using )Tj
-49.9635 -1.1191 TD
(available liquidity, incurring additional indebtedness, project financing, or other sources of funding to make investments. )Tj
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(         Certain expectations and projections regarding future performance of the Company referenced in this report are forward)Tj
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(-looking )Tj
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( with the )Tj
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(’)Tj
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(s operating plans, and are subject to certain future events and uncertainties. We caution readers that in addition to factors )Tj
-4.2216 -1.1192 TD
(described elsewhere in this report, the following factors, among others, could cause the Company)Tj
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(s actual results in 2002 and thereafter )Tj
-39.3224 -1.1191 TD
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(Steel Company Customers/Partners: More than 95 percent of the Company)Tj
/F2 1 Tf
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(’)Tj
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(s revenue is derived from the North American integrated steel )Tj
-30.3552 -1.1192 TD
(industry, consisting of fourteen current or potential customers or partners. Of the fourteen companies \(not all of whom are cur)Tj
50.3464 0 TD
(rent )Tj
-50.3464 -1.1191 TD
(customers or partners of the Company\), four companies are in reorganization, and certain others have experienced financial diff)Tj
51.1204 0 TD
(iculties. )Tj
-51.1204 -1.1192 TD
(Loss of major sales contracts or the failure of customers or partners to perform under existing arrangements due to financial d)Tj
50.2624 0 TD
(ifficulties )Tj
-50.2624 -1.1192 TD
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T*
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