Freeport Copper Financials
FREEPORT FOREMOST IN COPPER
EBITDA and Cash Flow at Various Copper Prices
Assuming $1,950/oz gold, $20/lb molybdenum
EBITDA
Operating
Cash Flow
Excludes working
capital changes
$16
($ in bns except copper, gold and molybdenum prices)
$12
$8
$4
$0
$12
$9
$6
$3
$0
Average
'24e/'25e
Cu $4.00/lb
Average
'24e/'25e
Cu $4.00/lb
Cu $4.50/lb
Cu $4.50/lb
Cu $5.00/lb
Cu $5.00/lb
Sensitivities Average '24e/'25e
(US$ in mms)
EBITDA
Copper
THE POWER OF
COPPER
+/-$0.10/lb $425
Molybdenum +/-$1.00/lb $ 80
+/-$50/oz
$ 80
Gold
Currencies (1) +/-10%
Diesel
$240
+/-10%
$ 90
Operating Cash Flow
Copper
Molybdenum +/-$1.00/lb
Gold
+/-$50/oz
Currencies (1) +/-10%
+/-10%
Diesel
+/-$0.10/lb $335
$ 75
$ 55
NOTE: EBITDA equals operating income plus depreciation, depletion and amortization. e = estimate. See Cautionary Statement.
(1) U.S. Dollar Exchange Rates: 790 Chilean peso, 14,900 Indonesian rupiah, $0.68 Australian dollar, $1.08 Euro, 3.61 Peruvian Nuevo Sol base case assumption. Each + 10% equals a
10% strengthening of the U.S. dollar; a strengthening of the U.S. dollar against forecasted expenditures in these foreign currencies equates to a cost benefit of noted amounts.
$170
$65
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