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BUSINESS UNIT RESULTS
The table below shows our production and sales of our major products.
Units (000's) Production Sales---------------------------------------------------------------------------- Fourth Fourth Quarter Year-to-date Quarter Year-to-date ----------------------------------------------------(note 1) 2012 2011 2012 2011 2012 2011 2012 2011----------------------------------------------------------------------------Principal products Copper Contained in concentrate tonnes 88 69 307 251 89 72 302 256 Cathode tonnes 15 20 66 70 16 19 67 70 ---------------------------------------------------- 103 89 373 321 105 91 369 326 ---------------------------------------------------- Coal tonnes 6,358 6,698 24,652 22,785 6,422 5,547 23,989 22,207 Zinc Contained in concentrate tonnes 157 150 598 646 207 209 578 631 Refined tonnes 67 75 284 291 67 75 287 289Other products Lead Contained in concentrate tonnes 26 22 95 84 50 32 96 78 Refined tonnes 24 22 88 86 23 21 88 84 Molybdenum Contained in concentrate pounds 3,040 3,937 12,692 10,983 3,620 3,978 13,016 11,122----------------------------------------------------------------------------1. We include 100% of production and sales from our Highland Valley Copper, Quebrada Blanca and Carmen de Andacollo Operations in our production and sales volumes, even though we own 97.5%, 76.5% and 90%, respectively, of these operations, because we fully consolidate their results in our financial statements. We include 22.5% of production and sales from Antamina, representing our proportionate equity interest in Antamina.
REVENUES AND GROSS PROFIT
QUARTER ENDED DECEMBER 31
Our revenue, gross profit before depreciation and amortization, and gross profit by business unit are summarized in the table below:
Gross profit before depreciation and Gross profit($ in millions) Revenues amortization (loss)---------------------------------------------------------------------------- 2012 2011 2012 2011 2012 2011----------------------------------------------------------------------------Copper Highland Valley Copper $ 314 $ 275 $ 172 $ 92 $ 141 $ 64 Antamina 257 202 173 149 155 142 Quebrada Blanca 119 139 (5) 46 (30) 17 Carmen de Andacollo 174 126 70 42 48 26 Duck Pond 31 36 15 10 7 5 Other - - 5 - 5 ----------------------------------------------------------------------------- 895 778 430 339 326 254Coal (note 1) 1,010 1,434 347 891 240 781Zinc Trail 499 491 26 48 13 36 Red Dog 376 339 157 159 140 144 Other 1 3 (1) - (1) - Inter-segment sales (52) (73) - (3) - (3)---------------------------------------------------------------------------- 824 760 182 204 152 177Energy 1 - 2 - 1 -----------------------------------------------------------------------------TOTAL $ 2,730 $ 2,972 $ 961 $ 1,434 $ 719 $ 1,212----------------------------------------------------------------------------1. Our coal business unit represents our interest in six operating mines. We wholly own the Fording River, Coal Mountain, Line Creek and Cardinal River Operations, and have a 95% partnership interest in the Elkview Mine and an 80% interest in the Greenhills Operations.
