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BUSINESS.)Tj 23.8594 -2.6431 TD 0 Tw (INTRODUCTION)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 266.13 897.93 m 346.29 897.93 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 873.2101 Tm 0 Tc ( Cleveland-Cliffs Inc \(including its consolidated subsidiaries, the )Tj /F2 1 Tf 27.2455 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( or )Tj /F2 1 Tf 1.3329 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Cliffs)Tj /F2 1 Tf 2.2778 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) is the successor to business enterprises )Tj -36.5207 -1.1192 TD (whose beginnings can be traced to earlier than 1850. 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10.079 25.65 953.13 Tm ( )Tj /F2 1 Tf 1.6906 0 TD ()Tj /F12 1 Tf 0.5477 0 TD [( )-1416.8(Rouge Industries Inc. \()]TJ /F2 1 Tf 10.831 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Rouge)Tj /F2 1 Tf 2.6108 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\))Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 65.01 952.17 m 197.01 952.17 l S BT 10.079 0 0 10.079 25.65 941.85 Tm ( )Tj 0 -1.1192 TD [( )-1440.6( )-297.7( )-1416.8(In July, the Company amended its existing pellet sales agreement with Rouge, which will make the Company the sole supplier )]TJ 3.9051 -1.1192 TD (of iron ore pellets to Rouge beginning in 2003.)Tj -3.9051 -1.1192 TD ( )Tj T* ( )Tj /F2 1 Tf 1.6906 0 TD ()Tj /F12 1 Tf 0.5477 0 TD [( )-1416.8(Ispat Inland Inc. \()]TJ /F2 1 Tf 8.7752 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Ispat Inland)Tj /F2 1 Tf 4.7486 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\))Tj ET 65.01 895.77 m 198.21 895.77 l S BT 10.079 0 0 10.079 25.65 885.4501 Tm ( )Tj 0 -1.1192 TD [( )-1440.6( )-297.7( )-1416.8(In December, the Company entered into a twelve-year pellet sales agreement with Ispat Inland, a subsidiary of Ispat )]TJ 3.9051 -1.1192 TD (International N.V., to supply iron ore pellets in excess of Ispat Inland)Tj /F2 1 Tf 27.7155 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s interest in the Empire Mine and its wholly-owned )Tj -28.0485 -1.1191 TD (Minorca Mine.)Tj -3.9051 -2.5241 TD ( In 2002, the following customers accounted for a total of 64 percent of total revenues: )Tj 12 0 0 12 151.89 813.2101 Tm 17.61 Tc [( )16720( )14920( )17020( )]TJ 7.439 0 0 7.439 151.89 803.13 Tm 28.5602 Tc ( )Tj /F6 1 Tf 33.8753 0.0323 TD 0 Tc (Percent of)Tj -33.8753 -1.226 TD ( Customer)Tj /F12 1 Tf 28.8102 -0.0323 TD ( )Tj /F6 1 Tf 5.2265 0.0323 TD (Revenues)Tj ET 0.5 g 151.89 786.33 59.76 -0.48 re f BT /F12 1 Tf 7.439 0 0 7.439 366.21 785.61 Tm 0 g ( )Tj ET 0.5 g 379.89 786.33 80.4 -0.48 re f 0.934 g 151.89 783.93 214.08 -11.04 re f BT 10.079 0 0 10.079 151.89 774.8101 Tm 0 g -0.0001 Tc (ISG)Tj ET 0.934 g 366.21 783.93 13.44 -11.04 re f BT 10.079 0 0 10.079 366.21 774.8101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 379.89 783.93 35.04 -11.04 re f BT 10.079 0 0 10.079 412.53 774.8101 Tm 0 g ( )Tj ET 0.934 g 415.17 783.93 9.84 -11.04 re f BT 10.079 0 0 10.079 415.17 774.8101 Tm 0 g (20)Tj ET 0.934 g 425.25 783.93 35.04 -11.04 re f BT 10.079 0 0 10.079 425.25 774.8101 Tm 0 g (%)Tj -27.1216 -1.1192 TD 1.1073 Tw [(Weirton)-17987.2( )-2143(19 )]TJ ET 0.934 g 151.89 761.37 214.08 -11.04 re f BT 10.079 0 0 10.079 151.89 752.25 Tm 0 g 0 Tw (Algoma)Tj ET 0.934 g 366.21 761.37 13.44 -11.04 re f BT 10.079 0 0 10.079 366.21 752.25 Tm 0 g ( )Tj ET 0.934 g 379.89 761.37 35.04 -11.04 re f BT 10.079 0 0 10.079 379.89 752.25 Tm 0 g ( )Tj ET 0.934 g 415.17 761.37 9.84 -11.04 re f BT 10.079 0 0 10.079 415.17 752.25 Tm 0 g (16)Tj ET 0.934 g 425.25 761.37 35.04 -11.04 re f BT 10.079 0 0 10.079 425.25 752.25 Tm 0 g ( )Tj -27.1216 -1.1191 TD 1.1073 Tw [(Rouge)-18653.1( )-2643.1(9 )]TJ T* 21.0139 Tc 0 Tw [( )19906.6( )]TJ ET 0.5 g 415.17 733.53 9.84 -0.48 re f BT 10.079 0 0 10.079 425.25 729.6901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 151.89 727.53 214.08 -11.04 re f BT 10.079 0 0 10.079 151.89 718.41 Tm 0 g (Total)Tj ET 0.934 g 366.21 727.53 13.44 -11.04 re f BT 10.079 0 0 10.079 366.21 718.41 Tm 0 g ( )Tj ET 0.934 g 379.89 727.53 35.04 -11.04 re f BT 10.079 0 0 10.079 412.53 718.41 Tm 0 g ( )Tj ET 0.934 g 415.17 727.53 9.84 -11.04 re f BT 10.079 0 0 10.079 415.17 718.41 Tm 0 g (64)Tj ET 0.934 g 425.25 727.53 35.04 -11.04 re f BT 10.079 0 0 10.079 425.25 718.41 Tm 0 g (%)Tj -27.1216 -1.1192 TD 21.0139 Tc [( )19906.6( )]TJ ET 0.5 g 415.17 712.17 9.84 -2.88 re f BT 10.079 0 0 10.079 425.25 707.1301 Tm 0 g 0 Tc ( )Tj -39.6466 -2.524 TD ( The Company)Tj /F2 1 Tf 6.9434 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s sales are influenced by seasonal factors in the first quarter of the year as shipments and sales are restricted by weather )Tj -7.2763 -1.1192 TD (conditions on the Great Lakes. )Tj /F6 1 Tf 0 -2.5955 TD -0.0001 Tc 0.0001 Tw (ITEM 2. PROPERTIES.)Tj /F12 1 Tf 0 -2.5717 TD 0 Tc 0 Tw ( The Company operates and owns interests in five iron ore mines in North America: )Tj 12 0 0 12 151.89 605.3701 Tm 1.41 Tc [( )1280( )-11960( )1400( )320( )-240( )320( )-240( )]TJ 7.439 0 0 7.439 151.89 595.29 Tm 0.363 Tc [( )-21357.6( )]TJ /F6 1 Tf 25.5194 0.0323 TD 0 Tc (Companys Ownership Interest)Tj /F12 1 Tf -25.5194 -1.2582 TD 0.363 Tc [( )-21357.6( )]TJ /F6 1 Tf 28.0681 0.0323 TD 0 Tc (As of December 31,)Tj /F12 1 Tf -28.0681 -1.1614 TD 0.363 Tc [( )-21357.6( )]TJ ET 0.5 g 323.01 578.49 137.28 -0.48 re f BT /F6 1 Tf 7.439 0 0 7.439 204.21 568.8901 Tm 0 g 0 Tc (Name and Location)Tj /F12 1 Tf 15.5504 -0.0323 TD ( )Tj /F6 1 Tf 3.323 0.0323 TD (2001)Tj /F12 1 Tf 5.0006 -0.0323 TD ( )Tj /F6 1 Tf 5.5814 0.0323 TD (2002)Tj ET 0.5 g 151.89 560.97 167.76 -0.48 re f BT /F12 1 Tf 7.439 0 0 7.439 319.89 560.2501 Tm 0 g ( )Tj ET 0.5 g 323.01 560.97 58.56 -0.48 re f BT 7.439 0 0 7.439 381.81 560.2501 Tm 0 g ( )Tj ET 0.5 g 401.73 560.97 58.56 -0.48 re f 0.934 g 151.89 558.57 167.76 -11.04 re f BT 10.079 0 0 10.079 151.89 549.4501 Tm 0 g (Michigan)Tj ET 151.89 548.49 m 190.77 548.49 l S BT 10.079 0 0 10.079 190.77 549.4501 Tm ( \(Marquette Range\))Tj ET 0.934 g 319.89 558.57 2.88 -11.04 re f BT 10.079 0 0 10.079 319.89 549.4501 Tm 0 g ( )Tj ET 0.934 g 323.01 558.57 15.84 -11.04 re f BT 10.079 0 0 10.079 323.01 549.4501 Tm 0 g ( )Tj ET 0.934 g 339.09 558.57 22.56 -11.04 re f BT 10.079 0 0 10.079 339.09 549.4501 Tm 0 g ( )Tj ET 0.934 g 361.89 558.57 19.68 -11.04 re f BT 10.079 0 0 10.079 361.89 549.4501 Tm 0 g ( )Tj ET 0.934 g 381.81 558.57 19.68 -11.04 re f BT 10.079 0 0 10.079 381.81 549.4501 Tm 0 g ( )Tj ET 0.934 g 401.73 558.57 15.84 -11.04 re f BT 10.079 0 0 10.079 401.73 549.4501 Tm 0 g ( )Tj ET 0.934 g 417.81 558.57 22.56 -11.04 re f BT 10.079 0 0 10.079 417.81 549.4501 Tm 0 g ( )Tj ET 0.934 g 440.61 558.57 19.68 -11.04 re f BT 10.079 0 0 10.079 440.61 549.4501 Tm 0 g ( )Tj -28.6456 -1.1192 TD ( )Tj /F2 1 Tf 0.4524 0 TD ()Tj /F12 1 Tf 0.35 0 TD [( Empire Iron Mining Partnership)-2757( )-1393( )-512(35.0)-12.2(%)-1143.4( )-3059.8( )-512(79.0)-12.2(%)]TJ ET 0.934 g 151.89 536.01 4.32 -11.04 re f BT 10.079 0 0 10.079 151.89 526.8901 Tm 0 g ( )Tj ET 0.934 g 156.45 536.01 163.2 -11.04 re f BT /F2 1 Tf 10.079 0 0 10.079 156.45 526.8901 Tm 0 g ()Tj /F12 1 Tf 0.35 0 TD ( Tilden Mining Company L.C)Tj ET 0.934 g 319.89 536.01 2.88 -11.04 re f BT 10.079 0 0 10.079 319.89 526.8901 Tm 0 g ( )Tj ET 0.934 g 323.01 536.01 15.84 -11.04 re f BT 10.079 0 0 10.079 336.45 526.8901 Tm 0 g ( )Tj ET 0.934 g 339.09 536.01 22.56 -11.04 re f BT 10.079 0 0 10.079 344.13 526.8901 Tm 0 g (40.0)Tj ET 0.934 g 361.89 536.01 19.68 -11.04 re f BT 10.079 0 0 10.079 361.89 526.8901 Tm 0 g (%)Tj ET 0.934 g 381.81 536.01 19.68 -11.04 re f BT 10.079 0 0 10.079 381.81 526.8901 Tm 0 g ( )Tj ET 0.934 g 401.73 536.01 15.84 -11.04 re f BT 10.079 0 0 10.079 415.17 526.8901 Tm 0 g ( )Tj ET 0.934 g 417.81 536.01 22.56 -11.04 re f BT 10.079 0 0 10.079 422.85 526.8901 Tm 0 g (85.0)Tj ET 0.934 g 440.61 536.01 19.68 -11.04 re f BT 10.079 0 0 10.079 440.61 526.8901 Tm 0 g (%)Tj 7.439 0 0 7.439 151.89 518.0101 Tm ( )Tj 10.079 0 0 10.079 151.89 507.2101 Tm (Minnesota)Tj ET 151.89 506.25 m 194.61 506.25 l S BT 10.079 0 0 10.079 194.61 507.2101 Tm [( \(Mesabi Range\))-5765.3( )-59.6( )-1345.4( )-2012.1( )-1726.4( )-1726.4( )-1345.4( )-2012.1( )]TJ ET 0.934 g 151.89 505.05 4.32 -22.32 re f BT 10.079 0 0 10.079 151.89 484.6501 Tm 0 g ( )Tj ET 0.934 g 156.45 505.05 163.2 -22.32 re f BT /F2 1 Tf 10.079 0 0 10.079 156.45 495.9301 Tm 0 g ()Tj /F12 1 Tf 0.35 0 TD ( Hibbing Taconite Company )Tj /F2 1 Tf 11.6649 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( Joint )Tj -11.7767 -1.1192 TD (Venture)Tj ET 0.934 g 319.89 505.05 2.88 -22.32 re f BT 10.079 0 0 10.079 319.89 484.6501 Tm 0 g ( )Tj ET 0.934 g 323.01 505.05 15.84 -22.32 re f BT 10.079 0 0 10.079 336.45 484.6501 Tm 0 g ( )Tj ET 0.934 g 339.09 505.05 22.56 -22.32 re f BT 10.079 0 0 10.079 344.13 484.6501 Tm 0 g (15.0)Tj ET 0.934 g 361.89 505.05 19.68 -22.32 re f BT 10.079 0 0 10.079 361.89 484.6501 Tm 0 g (%)Tj ET 0.934 g 381.81 505.05 19.68 -22.32 re f BT 10.079 0 0 10.079 381.81 484.6501 Tm 0 g ( )Tj ET 0.934 g 401.73 505.05 15.84 -22.32 re f BT 10.079 0 0 10.079 415.17 484.6501 Tm 0 g ( )Tj ET 0.934 g 417.81 505.05 22.56 -22.32 re f BT 10.079 0 0 10.079 422.85 484.6501 Tm 0 g (23.0)Tj ET 0.934 g 440.61 505.05 19.68 -22.32 re f BT 10.079 0 0 10.079 440.61 484.6501 Tm 0 g (%)Tj -28.6456 -1.1192 TD ( )Tj /F2 1 Tf 0.4524 0 TD ()Tj /F12 1 Tf 0.35 0 TD [( Northshore Mining Company)-3783.9( )-1393( )-11.9(100.0)-12.3(%)-1143.4( )-3059.8( )-11.9(100.0)-12.3(%)]TJ 7.439 0 0 7.439 151.89 464.4901 Tm ( )Tj ET 0.934 g 151.89 462.81 167.76 -11.04 re f BT 10.079 0 0 10.079 151.89 453.6901 Tm 0 g (Canada)Tj ET 151.89 452.73 m 182.37 452.73 l S BT 10.079 0 0 10.079 182.37 453.6901 Tm ( \(Newfoundland & Quebec\))Tj ET 0.934 g 319.89 462.81 2.88 -11.04 re f BT 10.079 0 0 10.079 319.89 453.6901 Tm 0 g ( )Tj ET 0.934 g 323.01 462.81 15.84 -11.04 re f BT 10.079 0 0 10.079 323.01 453.6901 Tm 0 g ( )Tj ET 0.934 g 339.09 462.81 22.56 -11.04 re f BT 10.079 0 0 10.079 339.09 453.6901 Tm 0 g ( )Tj ET 0.934 g 361.89 462.81 19.68 -11.04 re f BT 10.079 0 0 10.079 361.89 453.6901 Tm 0 g ( )Tj ET 0.934 g 381.81 462.81 19.68 -11.04 re f BT 10.079 0 0 10.079 381.81 453.6901 Tm 0 g ( )Tj ET 0.934 g 401.73 462.81 15.84 -11.04 re f BT 10.079 0 0 10.079 401.73 453.6901 Tm 0 g ( )Tj ET 0.934 g 417.81 462.81 22.56 -11.04 re f BT 10.079 0 0 10.079 417.81 453.6901 Tm 0 g ( )Tj ET 0.934 g 440.61 462.81 19.68 -11.04 re f BT 10.079 0 0 10.079 440.61 453.6901 Tm 0 g ( )Tj -28.6456 -1.1192 TD ( )Tj /F2 1 Tf 0.4524 0 TD ()Tj /F12 1 Tf 0.35 0 TD ( Wabush Mines )Tj /F2 1 Tf 6.5264 0 TD ()Tj /F12 1 Tf 0.5 0 TD [( Joint Venture)-3174( )-1393( )-512(22.8)-12.2(%)-1143.4( )-3059.8( )-512(26.8)-12.2(%)]TJ -20.3538 -2.5241 TD (The Company increased its ownership in the mines from the steel company owners in 2002 through assumption of the liabilities )Tj 0 -1.1192 TD (associated with the mine interests. )Tj 27.5741 -2.6907 TD (3)Tj ET endstreamendobj7 0 obj<< /Type /Page /Parent 243 0 R /Resources 8 0 R /Contents 9 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj8 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj9 0 obj<< /Length 19745 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -510.48 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 ( Each of the mines contains crushing, concentrating, and pelletizing facilities. The facilities at each site are in satisfa)Tj 47.5147 0 TD (ctory condition; )Tj -47.5147 -1.1191 TD (however, they require routine capital and maintenance expenditures on an on-going basis. )Tj 0 -2.524 TD ( Railroads, one of which is wholly-owned by the Company, link the two mines on the Marquette Range \(Empire and Tilden Mines)Tj 53.2402 0 TD (\) )Tj -53.2402 -1.1192 TD (with Lake Michigan at the loading port of Escanaba and with Lake Superior at the loading port of Marquette. From the Mesabi Ran)Tj 52.6262 0 TD (ge, )Tj -52.6262 -1.1191 TD (Hibbing pellets are transported by rail to a shiploading port at Superior, Wisconsin. At Northshore, crude ore is shipped by ra)Tj 50.1275 0 TD (il from the )Tj -50.1275 -1.1191 TD (mine to processing facilities at Silver Bay, Minnesota. In Canada, there is an open-pit mine and concentrator at Wabush, Labrad)Tj 51.2364 0 TD (or, )Tj -51.2364 -1.1192 TD (Newfoundland and a pellet plant and dock facility at Pointe Noire, Quebec. At Wabush Mines, concentrates are shipped by rail fr)Tj 51.7343 0 TD (om the )Tj -51.7343 -1.1192 TD (Scully Mine at Wabush to Pointe Noire where they are pelletized for shipment via vessel to Canada, United States and Europe or )Tj 51.8483 0 TD (shipped )Tj -51.8483 -1.1191 TD (as concentrates for sinter feed to Europe. )Tj /F6 1 Tf 0 -2.5955 TD (Operations)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 821.37 m 73.89 821.37 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 796.65 Tm ( During 2002, the Company produced 14.7 million tons for its account and 13.2 million tons on behalf of the other steel com)Tj 50.8534 0 TD (pany )Tj -50.8534 -1.1192 TD (owners in the mines. The increase in the Company)Tj /F2 1 Tf 20.2452 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s production of 6.9 million tons compared to 2001 reflects higher sales volume. )Tj -20.5781 -1.1192 TD (Following is a summary of total production and the Company)Tj /F2 1 Tf 24.6918 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s share: )Tj 12 0 0 12 67.65 761.13 Tm 0.65 Tc [( )-17480( )-380( )-580( )-780( )640( )-580( )560( )640( )-580( )560( )640( )-580( )540( )-20( )640( )-160( )640( )260( )640( )-580( )]TJ 7.439 0 0 7.439 67.65 750.5701 Tm 1.2018 Tc [( )-28197.2( )]TJ /F6 1 Tf 44.9735 0.0323 TD 0 Tc (Tons In Millions)Tj 6.24 0 0 6.24 455.25 753.9301 Tm (\(1\))Tj /F12 1 Tf 7.439 0 0 7.439 67.65 742.17 Tm 1.2018 Tc [( )-28197.2( )]TJ ET 0.5 g 320.61 742.89 223.68 -0.48 re f BT 7.439 0 0 7.439 67.65 733.05 Tm 0 g [( )-28197.2( )]TJ /F6 1 Tf 38.6824 0.0323 TD 0 Tc (Total Production)Tj /F12 1 Tf 12.0983 -0.0323 TD ( )Tj /F6 1 Tf 3.5488 0.0323 TD (Companys Share)Tj /F12 1 Tf -54.3296 -1.1614 TD 1.2018 Tc [( )-28197.2( )]TJ ET 0.5 g 320.61 725.37 124.56 -0.48 re f BT 7.439 0 0 7.439 445.41 724.6501 Tm 0 g 0 Tc ( )Tj ET 0.5 g 456.21 725.37 88.08 -0.48 re f BT /F6 1 Tf 7.439 0 0 7.439 157.17 715.7701 Tm 0 g (Name and Location)Tj /F12 1 Tf 20.5188 -0.0323 TD ( )Tj /F6 1 Tf 4.0005 0.0323 TD (2000)Tj /F12 1 Tf 4.6135 -0.0323 TD ( )Tj /F6 1 Tf 2.097 0.0323 TD (2001)Tj /F12 1 Tf 2.71 -0.0323 TD ( )Tj /F6 1 Tf 2.097 0.0323 TD (2002)Tj /F12 1 Tf 2.71 -0.0323 TD ( )Tj /F6 1 Tf 2.097 0.0323 TD (2000)Tj /F12 1 Tf 2.7423 -0.0323 TD ( )Tj /F6 1 Tf 1.7099 0.0323 TD (2001)Tj /F12 1 Tf 2.3229 -0.0323 TD ( )Tj /F6 1 Tf 1.7099 0.0323 TD (2002)Tj ET 0.5 g 67.65 707.85 241.92 -0.48 re f BT /F12 1 Tf 7.439 0 0 7.439 309.81 707.1301 Tm 0 g ( )Tj ET 0.5 g 320.61 707.85 53.04 -0.48 re f BT 7.439 0 0 7.439 373.89 707.1301 Tm 0 g ( )Tj ET 0.5 g 384.69 707.85 24.72 -0.48 re f BT 7.439 0 0 7.439 409.65 707.1301 Tm 0 g ( )Tj ET 0.5 g 420.45 707.85 24.72 -0.48 re f BT 7.439 0 0 7.439 445.41 707.1301 Tm 0 g ( )Tj ET 0.5 g 456.21 707.85 24.96 -0.48 re f BT 7.439 0 0 7.439 481.41 707.1301 Tm 0 g ( )Tj ET 0.5 g 492.45 707.85 18.72 -0.48 re f BT 7.439 0 0 7.439 511.4099 707.1301 Tm 0 g ( )Tj ET 0.5 g 519.09 707.85 25.2 -0.48 re f 0.934 g 67.65 705.45 241.92 -11.04 re f BT 10.079 0 0 10.079 67.65 696.3301 Tm 0 g (Michigan)Tj ET 67.65 695.37 m 106.53 695.37 l S BT 10.079 0 0 10.079 106.53 696.3301 Tm ( \(Marquette Range\))Tj ET 0.934 g 309.81 705.45 10.56 -11.04 re f BT 10.079 0 0 10.079 309.81 696.3301 Tm 0 g ( )Tj ET 0.934 g 320.61 705.45 15.12 -11.04 re f BT 10.079 0 0 10.079 320.61 696.3301 Tm 0 g ( )Tj ET 0.934 g 335.97 705.45 17.52 -11.04 re f BT 10.079 0 0 10.079 335.97 696.3301 Tm 0 g ( )Tj ET 0.934 g 353.73 705.45 19.92 -11.04 re f BT 10.079 0 0 10.079 353.73 696.3301 Tm 0 g ( )Tj ET 0.934 g 373.89 705.45 10.56 -11.04 re f BT 10.079 0 0 10.079 373.89 696.3301 Tm 0 g ( )Tj ET 0.934 g 384.69 705.45 2.88 -11.04 re f BT 10.079 0 0 10.079 384.69 696.3301 Tm 0 g ( )Tj ET 0.934 g 387.81 705.45 17.52 -11.04 re f BT 10.079 0 0 10.079 387.81 696.3301 Tm 0 g ( )Tj ET 0.934 g 405.57 705.45 3.84 -11.04 re f BT 10.079 0 0 10.079 405.57 696.3301 Tm 0 g ( )Tj ET 0.934 g 409.65 705.45 10.56 -11.04 re f BT 10.079 0 0 10.079 409.65 696.3301 Tm 0 g ( )Tj ET 0.934 g 420.45 705.45 2.88 -11.04 re f BT 10.079 0 0 10.079 420.45 696.3301 Tm 0 g ( )Tj ET 0.934 g 423.57 705.45 17.52 -11.04 re f BT 10.079 0 0 10.079 423.57 696.3301 Tm 0 g ( )Tj ET 0.934 g 441.33 705.45 3.84 -11.04 re f BT 10.079 0 0 10.079 441.33 696.3301 Tm 0 g ( )Tj ET 0.934 g 445.41 705.45 10.56 -11.04 re f BT 10.079 0 0 10.079 445.41 696.3301 Tm 0 g ( )Tj ET 0.934 g 456.21 705.45 2.88 -11.04 re f BT 10.079 0 0 10.079 456.21 696.3301 Tm 0 g ( )Tj ET 0.934 g 459.33 705.45 17.52 -11.04 re f BT 10.079 0 0 10.079 459.33 696.3301 Tm 0 g ( )Tj ET 0.934 g 477.09 705.45 4.08 -11.04 re f BT 10.079 0 0 10.079 477.09 696.3301 Tm 0 g ( )Tj ET 0.934 g 481.41 705.45 10.8 -11.04 re f BT 10.079 0 0 10.079 481.41 696.3301 Tm 0 g ( )Tj ET 0.934 g 492.45 705.45 2.88 -11.04 re f BT 10.079 0 0 10.079 492.45 696.3301 Tm 0 g ( )Tj ET 0.934 g 495.57 705.45 12.48 -11.04 re f BT 10.079 0 0 10.079 495.57 696.3301 Tm 0 g ( )Tj ET 0.934 g 508.29 705.45 2.88 -11.04 re f BT 10.079 0 0 10.079 508.2899 696.3301 Tm 0 g ( )Tj ET 0.934 g 511.41 705.45 7.44 -11.04 re f BT 10.079 0 0 10.079 511.4099 696.3301 Tm 0 g ( )Tj ET 0.934 g 519.09 705.45 2.88 -11.04 re f BT 10.079 0 0 10.079 519.09 696.3301 Tm 0 g ( )Tj ET 0.934 g 522.21 705.45 17.52 -11.04 re f BT 10.079 0 0 10.079 522.21 696.3301 Tm 0 g ( )Tj ET 0.934 g 539.97 705.45 4.32 -11.04 re f BT 10.079 0 0 10.079 539.97 696.3301 Tm 0 g ( )Tj -46.8616 -1.1192 TD ( )Tj /F2 1 Tf 1.0715 0 TD ()Tj /F12 1 Tf 0.35 0 TD [( Empire Iron Mining Partnership)-9495.7( )-821.5( )-1774(7.6)-12.1( )-1750.2( )-821.5( )-559.6(5.7)-12.1( )-154.8( )-821.5( )-559.6(3.6)-12.1( )-154.8( )-821.5( )-559.6(1.8)-12.1( )-178.6( )-845.3( )-59.6(1.7)-12.1( )-59.6( )-512( )-559.6(1.1)-12.1( )]TJ ET 0.934 g 67.65 682.89 10.56 -11.04 re f BT 10.079 0 0 10.079 67.65 673.7701 Tm 0 g ( )Tj ET 0.934 g 78.45 682.89 231.12 -11.04 re f BT /F2 1 Tf 10.079 0 0 10.079 78.45 673.7701 Tm 0 g ()Tj /F12 1 Tf 0.35 0 TD ( Tilden Mining Company L.C)Tj ET 0.934 g 309.81 682.89 10.56 -11.04 re f BT 10.079 0 0 10.079 309.81 673.7701 Tm 0 g ( )Tj ET 0.934 g 320.61 682.89 15.12 -11.04 re f BT 10.079 0 0 10.079 320.61 673.7701 Tm 0 g ( )Tj ET 0.934 g 335.97 682.89 17.52 -11.04 re f BT 10.079 0 0 10.079 341.01 673.7701 Tm 0 g (7.2)Tj ET 0.934 g 353.73 682.89 19.92 -11.04 re f BT 10.079 0 0 10.079 353.73 673.7701 Tm 0 g ( )Tj ET 0.934 g 373.89 682.89 10.56 -11.04 re f BT 10.079 0 0 10.079 373.89 673.7701 Tm 0 g ( )Tj ET 0.934 g 384.69 682.89 2.88 -11.04 re f BT 10.079 0 0 10.079 384.69 673.7701 Tm 0 g ( )Tj ET 0.934 g 387.81 682.89 17.52 -11.04 re f BT 10.079 0 0 10.079 392.85 673.7701 Tm 0 g (6.4)Tj ET 0.934 g 405.57 682.89 3.84 -11.04 re f BT 10.079 0 0 10.079 405.57 673.7701 Tm 0 g ( )Tj ET 0.934 g 409.65 682.89 10.56 -11.04 re f BT 10.079 0 0 10.079 409.65 673.7701 Tm 0 g ( )Tj ET 0.934 g 420.45 682.89 2.88 -11.04 re f BT 10.079 0 0 10.079 420.45 673.7701 Tm 0 g ( )Tj ET 0.934 g 423.57 682.89 17.52 -11.04 re f BT 10.079 0 0 10.079 428.61 673.7701 Tm 0 g (7.9)Tj ET 0.934 g 441.33 682.89 3.84 -11.04 re f BT 10.079 0 0 10.079 441.33 673.7701 Tm 0 g ( )Tj ET 0.934 g 445.41 682.89 10.56 -11.04 re f BT 10.079 0 0 10.079 445.41 673.7701 Tm 0 g ( )Tj ET 0.934 g 456.21 682.89 2.88 -11.04 re f BT 10.079 0 0 10.079 456.21 673.7701 Tm 0 g ( )Tj ET 0.934 g 459.33 682.89 17.52 -11.04 re f BT 10.079 0 0 10.079 464.37 673.7701 Tm 0 g (3.1)Tj ET 0.934 g 477.09 682.89 4.08 -11.04 re f BT 10.079 0 0 10.079 477.09 673.7701 Tm 0 g ( )Tj ET 0.934 g 481.41 682.89 10.8 -11.04 re f BT 10.079 0 0 10.079 481.41 673.7701 Tm 0 g ( )Tj ET 0.934 g 492.45 682.89 2.88 -11.04 re f BT 10.079 0 0 10.079 492.45 673.7701 Tm 0 g ( )Tj ET 0.934 g 495.57 682.89 12.48 -11.04 re f BT 10.079 0 0 10.079 495.57 673.7701 Tm 0 g (2.2)Tj ET 0.934 g 508.29 682.89 2.88 -11.04 re f BT 10.079 0 0 10.079 508.2899 673.7701 Tm 0 g ( )Tj ET 0.934 g 511.41 682.89 7.44 -11.04 re f BT 10.079 0 0 10.079 511.4099 673.7701 Tm 0 g ( )Tj ET 0.934 g 519.09 682.89 2.88 -11.04 re f BT 10.079 0 0 10.079 519.09 673.7701 Tm 0 g ( )Tj ET 0.934 g 522.21 682.89 17.52 -11.04 re f BT 10.079 0 0 10.079 527.2499 673.7701 Tm 0 g (6.7)Tj ET 0.934 g 539.97 682.89 4.32 -11.04 re f BT 10.079 0 0 10.079 539.97 673.7701 Tm 0 g ( )Tj -46.8616 -1.1192 TD (Minnesota)Tj ET 67.65 661.53 m 110.37 661.53 l S BT 10.079 0 0 10.079 110.37 662.4901 Tm 0.0596 Tw [( )59.6(\(Mesabi )59.6(Range\))-13123.2( )-761.9( )-1214.4( )-1452.5( )-1690.6( )-761.9( )-1452.5( )-95.2( )-761.9( )-1452.5( )-95.2( )-761.9( )-1452.5( )-119( )-785.7( )-952.4( )-452.4( )-1452.5( )]TJ ET 0.934 g 67.65 660.33 10.56 -11.04 re f BT 10.079 0 0 10.079 67.65 651.2101 Tm 0 g 0 Tw ( )Tj ET 0.934 g 78.45 660.33 231.12 -11.04 re f BT /F2 1 Tf 10.079 0 0 10.079 78.45 651.2101 Tm 0 g ()Tj /F12 1 Tf 0.35 0 TD ( Hibbing Taconite Company )Tj /F2 1 Tf 11.6649 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( Joint Venture)Tj ET 0.934 g 309.81 660.33 10.56 -11.04 re f BT 10.079 0 0 10.079 309.81 651.2101 Tm 0 g ( )Tj ET 0.934 g 320.61 660.33 15.12 -11.04 re f BT 10.079 0 0 10.079 320.61 651.2101 Tm 0 g ( )Tj ET 0.934 g 335.97 660.33 17.52 -11.04 re f BT 10.079 0 0 10.079 341.01 651.2101 Tm 0 g (8.2)Tj ET 0.934 g 353.73 660.33 19.92 -11.04 re f BT 10.079 0 0 10.079 353.73 651.2101 Tm 0 g ( )Tj ET 0.934 g 373.89 660.33 10.56 -11.04 re f BT 10.079 0 0 10.079 373.89 651.2101 Tm 0 g ( )Tj ET 0.934 g 384.69 660.33 2.88 -11.04 re f BT 10.079 0 0 10.079 384.69 651.2101 Tm 0 g ( )Tj ET 0.934 g 387.81 660.33 17.52 -11.04 re f BT 10.079 0 0 10.079 392.85 651.2101 Tm 0 g (6.1)Tj ET 0.934 g 405.57 660.33 3.84 -11.04 re f BT 10.079 0 0 10.079 405.57 651.2101 Tm 0 g ( )Tj ET 0.934 g 409.65 660.33 10.56 -11.04 re f BT 10.079 0 0 10.079 409.65 651.2101 Tm 0 g ( )Tj ET 0.934 g 420.45 660.33 2.88 -11.04 re f BT 10.079 0 0 10.079 420.45 651.2101 Tm 0 g ( )Tj ET 0.934 g 423.57 660.33 17.52 -11.04 re f BT 10.079 0 0 10.079 428.61 651.2101 Tm 0 g (7.7)Tj ET 0.934 g 441.33 660.33 3.84 -11.04 re f BT 10.079 0 0 10.079 441.33 651.2101 Tm 0 g ( )Tj ET 0.934 g 445.41 660.33 10.56 -11.04 re f BT 10.079 0 0 10.079 445.41 651.2101 Tm 0 g ( )Tj ET 0.934 g 456.21 660.33 2.88 -11.04 re f BT 10.079 0 0 10.079 456.21 651.2101 Tm 0 g ( )Tj ET 0.934 g 459.33 660.33 17.52 -11.04 re f BT 10.079 0 0 10.079 464.37 651.2101 Tm 0 g (1.2)Tj ET 0.934 g 477.09 660.33 4.08 -11.04 re f BT 10.079 0 0 10.079 477.09 651.2101 Tm 0 g ( )Tj ET 0.934 g 481.41 660.33 10.8 -11.04 re f BT 10.079 0 0 10.079 481.41 651.2101 Tm 0 g ( )Tj ET 0.934 g 492.45 660.33 2.88 -11.04 re f BT 10.079 0 0 10.079 492.45 651.2101 Tm 0 g ( )Tj ET 0.934 g 495.57 660.33 12.48 -11.04 re f BT 10.079 0 0 10.079 500.61 651.2101 Tm 0 g (.2)Tj ET 0.934 g 508.29 660.33 2.88 -11.04 re f BT 10.079 0 0 10.079 508.2899 651.2101 Tm 0 g ( )Tj ET 0.934 g 511.41 660.33 7.44 -11.04 re f BT 10.079 0 0 10.079 511.4099 651.2101 Tm 0 g ( )Tj ET 0.934 g 519.09 660.33 2.88 -11.04 re f BT 10.079 0 0 10.079 519.09 651.2101 Tm 0 g ( )Tj ET 0.934 g 522.21 660.33 17.52 -11.04 re f BT 10.079 0 0 10.079 527.2499 651.2101 Tm 0 g (1.5)Tj ET 0.934 g 539.97 660.33 4.32 -11.04 re f BT 10.079 0 0 10.079 539.97 651.2101 Tm 0 g ( )Tj -46.8616 -1.1192 TD ( )Tj /F2 1 Tf 1.0715 0 TD ()Tj /F12 1 Tf 0.35 0 TD 0.8215 Tw [( )821.5(Northshore )821.5(Mining )821.5(Company)-10522.6( )-952.5(4.3)-12.1( )-928.7( )261.9(2.8)-12.1( )666.7( )261.9(4.2)-12.1( )666.7( )261.9(4.3)-12.1( )642.9( )-23.8( )761.9(2.8)-12.1( )761.9( )309.5( )261.9(4.2)-12.1( )]TJ ET 0.934 g 67.65 637.77 241.92 -11.04 re f BT 10.079 0 0 10.079 67.65 628.6501 Tm 0 g 0 Tw (Canada)Tj ET 67.65 627.69 m 98.13 627.69 l S BT 10.079 0 0 10.079 98.13 628.6501 Tm ( \(Newfoundland & Quebec\))Tj ET 0.934 g 309.81 637.77 10.56 -11.04 re f BT 10.079 0 0 10.079 309.81 628.6501 Tm 0 g ( )Tj ET 0.934 g 320.61 637.77 15.12 -11.04 re f BT 10.079 0 0 10.079 320.61 628.6501 Tm 0 g ( )Tj ET 0.934 g 335.97 637.77 17.52 -11.04 re f BT 10.079 0 0 10.079 335.97 628.6501 Tm 0 g ( )Tj ET 0.934 g 353.73 637.77 19.92 -11.04 re f BT 10.079 0 0 10.079 353.73 628.6501 Tm 0 g ( )Tj ET 0.934 g 373.89 637.77 10.56 -11.04 re f BT 10.079 0 0 10.079 373.89 628.6501 Tm 0 g ( )Tj ET 0.934 g 384.69 637.77 2.88 -11.04 re f BT 10.079 0 0 10.079 384.69 628.6501 Tm 0 g ( )Tj ET 0.934 g 387.81 637.77 17.52 -11.04 re f BT 10.079 0 0 10.079 387.81 628.6501 Tm 0 g ( )Tj ET 0.934 g 405.57 637.77 3.84 -11.04 re f BT 10.079 0 0 10.079 405.57 628.6501 Tm 0 g ( )Tj ET 0.934 g 409.65 637.77 10.56 -11.04 re f BT 10.079 0 0 10.079 409.65 628.6501 Tm 0 g ( )Tj ET 0.934 g 420.45 637.77 2.88 -11.04 re f BT 10.079 0 0 10.079 420.45 628.6501 Tm 0 g ( )Tj ET 0.934 g 423.57 637.77 17.52 -11.04 re f BT 10.079 0 0 10.079 423.57 628.6501 Tm 0 g ( )Tj ET 0.934 g 441.33 637.77 3.84 -11.04 re f BT 10.079 0 0 10.079 441.33 628.6501 Tm 0 g ( )Tj ET 0.934 g 445.41 637.77 10.56 -11.04 re f BT 10.079 0 0 10.079 445.41 628.6501 Tm 0 g ( )Tj ET 0.934 g 456.21 637.77 2.88 -11.04 re f BT 10.079 0 0 10.079 456.21 628.6501 Tm 0 g ( )Tj ET 0.934 g 459.33 637.77 17.52 -11.04 re f BT 10.079 0 0 10.079 459.33 628.6501 Tm 0 g ( )Tj ET 0.934 g 477.09 637.77 4.08 -11.04 re f BT 10.079 0 0 10.079 477.09 628.6501 Tm 0 g ( )Tj ET 0.934 g 481.41 637.77 10.8 -11.04 re f BT 10.079 0 0 10.079 481.41 628.6501 Tm 0 g ( )Tj ET 0.934 g 492.45 637.77 2.88 -11.04 re f BT 10.079 0 0 10.079 492.45 628.6501 Tm 0 g ( )Tj ET 0.934 g 495.57 637.77 12.48 -11.04 re f BT 10.079 0 0 10.079 495.57 628.6501 Tm 0 g ( )Tj ET 0.934 g 508.29 637.77 2.88 -11.04 re f BT 10.079 0 0 10.079 508.2899 628.6501 Tm 0 g ( )Tj ET 0.934 g 511.41 637.77 7.44 -11.04 re f BT 10.079 0 0 10.079 511.4099 628.6501 Tm 0 g ( )Tj ET 0.934 g 519.09 637.77 2.88 -11.04 re f BT 10.079 0 0 10.079 519.09 628.6501 Tm 0 g ( )Tj ET 0.934 g 522.21 637.77 17.52 -11.04 re f BT 10.079 0 0 10.079 522.21 628.6501 Tm 0 g ( )Tj ET 0.934 g 539.97 637.77 4.32 -11.04 re f BT 10.079 0 0 10.079 539.97 628.6501 Tm 0 g ( )Tj -46.8616 -1.1192 TD ( )Tj /F2 1 Tf 1.0715 0 TD ()Tj /F12 1 Tf 0.35 0 TD ( Wabush Mines )Tj /F2 1 Tf 6.5264 0 TD ()Tj /F12 1 Tf 0.5 0 TD 0.5596 Tw [( )559.6(Joint )559.6(Venture)-9912.7( )-261.9( )-1214.4(5.9)-12.1( )-1190.6( )-261.9( 4.4)-12.1( )404.8( )-261.9( 4.5)-12.1( )404.8( )-261.9( 1.4)-12.1( )381( )-285.7( .9)-12( )500( )47.6( 1.2)-12.1( )]TJ -8.4479 -1.1192 TD 23.7761 Tc 0 Tw [( )22954.6( )]TJ ET 0.5 g 335.97 609.93 17.52 -0.48 re f BT 10.079 0 0 10.079 353.73 606.0901 Tm 0 g 1.7502 Tc [( )928.7( )]TJ ET 0.5 g 387.81 609.93 17.52 -0.48 re f BT 10.079 0 0 10.079 405.57 606.0901 Tm 0 g 0.1548 Tc [( )-666.7( )]TJ ET 0.5 g 423.57 609.93 17.52 -0.48 re f BT 10.079 0 0 10.079 441.33 606.0901 Tm 0 g [( )-666.7( )]TJ ET 0.5 g 459.33 609.93 17.52 -0.48 re f BT 10.079 0 0 10.079 477.09 606.0901 Tm 0 g 0.1786 Tc [( )-666.7( )]TJ ET 0.5 g 495.57 609.93 12.48 -0.48 re f BT 10.079 0 0 10.079 508.2899 606.0901 Tm 0 g 0.0596 Tc [( )-452.4( )]TJ ET 0.5 g 522.21 609.93 17.52 -0.48 re f BT 10.079 0 0 10.079 539.97 606.0901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 603.93 10.56 -11.04 re f BT 10.079 0 0 10.079 67.65 594.8101 Tm 0 g ( )Tj ET 0.934 g 78.45 603.93 10.56 -11.04 re f BT 10.079 0 0 10.079 78.45 594.8101 Tm 0 g ( )Tj ET 0.934 g 89.25 603.93 220.32 -11.04 re f BT 10.079 0 0 10.079 89.25 594.8101 Tm 0 g (Total)Tj ET 0.934 g 309.81 603.93 10.56 -11.04 re f BT 10.079 0 0 10.079 309.81 594.8101 Tm 0 g ( )Tj ET 0.934 g 320.61 603.93 15.12 -11.04 re f BT 10.079 0 0 10.079 333.33 594.8101 Tm 0 g ( )Tj ET 0.934 g 335.97 603.93 17.52 -11.04 re f BT 10.079 0 0 10.079 335.97 594.8101 Tm 0 g (33.2)Tj ET 0.934 g 353.73 603.93 19.92 -11.04 re f BT 7.439 0 0 7.439 353.73 596.2501 Tm 0 g (\(2\))Tj ET 0.934 g 373.89 603.93 10.56 -11.04 re f BT 10.079 0 0 10.079 373.89 594.8101 Tm 0 g ( )Tj ET 0.934 g 384.69 603.93 2.88 -11.04 re f BT 10.079 0 0 10.079 384.69 594.8101 Tm 0 g ( )Tj ET 0.934 g 387.81 603.93 17.52 -11.04 re f BT 10.079 0 0 10.079 387.81 594.8101 Tm 0 g (25.4)Tj ET 0.934 g 405.57 603.93 3.84 -11.04 re f BT 10.079 0 0 10.079 405.57 594.8101 Tm 0 g ( )Tj ET 0.934 g 409.65 603.93 10.56 -11.04 re f BT 10.079 0 0 10.079 409.65 594.8101 Tm 0 g ( )Tj ET 0.934 g 420.45 603.93 2.88 -11.04 re f BT 10.079 0 0 10.079 420.45 594.8101 Tm 0 g ( )Tj ET 0.934 g 423.57 603.93 17.52 -11.04 re f BT 10.079 0 0 10.079 423.57 594.8101 Tm 0 g (27.9)Tj ET 0.934 g 441.33 603.93 3.84 -11.04 re f BT 10.079 0 0 10.079 441.33 594.8101 Tm 0 g ( )Tj ET 0.934 g 445.41 603.93 10.56 -11.04 re f BT 10.079 0 0 10.079 445.41 594.8101 Tm 0 g ( )Tj ET 0.934 g 456.21 603.93 2.88 -11.04 re f BT 10.079 0 0 10.079 456.21 594.8101 Tm 0 g ( )Tj ET 0.934 g 459.33 603.93 17.52 -11.04 re f BT 10.079 0 0 10.079 459.33 594.8101 Tm 0 g (11.8)Tj ET 0.934 g 477.09 603.93 4.08 -11.04 re f BT 10.079 0 0 10.079 477.09 594.8101 Tm 0 g ( )Tj ET 0.934 g 481.41 603.93 10.8 -11.04 re f BT 10.079 0 0 10.079 481.41 594.8101 Tm 0 g ( )Tj ET 0.934 g 492.45 603.93 2.88 -11.04 re f BT 10.079 0 0 10.079 492.45 594.8101 Tm 0 g ( )Tj ET 0.934 g 495.57 603.93 12.48 -11.04 re f BT 10.079 0 0 10.079 495.57 594.8101 Tm 0 g (7.8)Tj ET 0.934 g 508.29 603.93 2.88 -11.04 re f BT 10.079 0 0 10.079 508.2899 594.8101 Tm 0 g ( )Tj ET 0.934 g 511.41 603.93 7.44 -11.04 re f BT 10.079 0 0 10.079 511.4099 594.8101 Tm 0 g ( )Tj ET 0.934 g 519.09 603.93 2.88 -11.04 re f BT 10.079 0 0 10.079 519.09 594.8101 Tm 0 g ( )Tj ET 0.934 g 522.21 603.93 17.52 -11.04 re f BT 10.079 0 0 10.079 522.21 594.8101 Tm 0 g (14.7)Tj ET 0.934 g 539.97 603.93 4.32 -11.04 re f BT 10.079 0 0 10.079 539.97 594.8101 Tm 0 g ( )Tj -46.8616 -1.1192 TD 23.7761 Tc [( )22954.6( )]TJ ET 0.5 g 335.97 588.57 17.52 -2.88 re f BT 10.079 0 0 10.079 353.73 583.53 Tm 0 g 1.7502 Tc [( )928.7( )]TJ ET 0.5 g 387.81 588.57 17.52 -2.88 re f BT 10.079 0 0 10.079 405.57 583.53 Tm 0 g 0.1548 Tc [( )-666.7( )]TJ ET 0.5 g 423.57 588.57 17.52 -2.88 re f BT 10.079 0 0 10.079 441.33 583.53 Tm 0 g [( )-666.7( )]TJ ET 0.5 g 459.33 588.57 17.52 -2.88 re f BT 10.079 0 0 10.079 477.09 583.53 Tm 0 g 0.1786 Tc [( )-666.7( )]TJ ET 0.5 g 495.57 588.57 12.48 -2.88 re f BT 10.079 0 0 10.079 508.2899 583.53 Tm 0 g 0.0596 Tc [( )-452.4( )]TJ ET 0.5 g 522.21 588.57 17.52 -2.88 re f BT 10.079 0 0 10.079 539.97 583.53 Tm 0 g 0 Tc ( )Tj ET 0.5 g 25.65 565.53 100.8 -0.48 re f BT 10.079 0 0 10.079 25.65 554.0101 Tm 0 g [(\(1\) )-1107.3(Tons are long tons of 2,240 pounds.)]TJ T* ( )Tj T* [(\(2\) )-1107.3(Total excludes 7.8 million tons of production associated with LTV Steel Mining Company, which permanently shut-down on )]TJ 2.524 -1.1192 TD (January 5, 2001. On October 30, 2001, the Company acquired the assets of LTV Steel Mining Company. The Company does not )Tj T* (intend to operate the iron ore mine.)Tj 25.05 -2.6907 TD (4)Tj ET endstreamendobj10 0 obj<< /Type /Page /Parent 243 0 R /Resources 11 0 R /Contents 12 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj11 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj12 0 obj<< /Length 15796 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -580.56 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F6 1 Tf 10.079 0 0 10.079 25.65 952.41 Tm (Mine Capacity and Iron Ore Reserves)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 951.21 m 190.29 951.21 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 926.4901 Tm ( Following is a table of current annual capacity and economic ore reserves for the Company)Tj /F2 1 Tf 37.7386 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s iron ore mines. The estimated reserves )Tj -38.0715 -1.1191 TD (and full production rates could be affected by, among other things, future industry conditions, geological conditions, and ongo)Tj 50.5174 0 TD (ing mine )Tj -50.5174 -1.1192 TD (planning. Maintenance of effective production capacity or the ore reserves could require increases in capital and development )Tj T* (expenditures. Alternatively, changes in economic conditions or in the expected quality of ore reserves could decrease capacity )Tj 50.7334 0 TD (or mineral )Tj -50.7334 -1.1192 TD (reserves. Technological progress could alleviate such factors or increase capacity or ore reserves. )Tj 12 0 0 12 39.57 868.41 Tm 1.31 Tc [( )-880( )-15540( )-1780( )1300( )-1300( )840( )80( )840( )360( )300( )360( )380( )-120( )]TJ 7.439 0 0 7.439 39.57 856.41 Tm 2.2665 Tc [( )-1419.5( )-25067.7( )-2871.3( )2097.1( )-2097( )]TJ /F6 1 Tf 56.5557 0.0323 TD 0 Tc (Tons in Millions)Tj 6.24 0 0 6.24 512.61 859.77 Tm (\(1\))Tj /F12 1 Tf 7.439 0 0 7.439 39.57 848.01 Tm 2.2665 Tc [( )-1419.5( )-25067.7( )-2871.3( )2097.1( )-2097( )]TJ ET 0.5 g 407.73 848.73 164.64 -0.48 re f BT 7.439 0 0 7.439 39.57 838.89 Tm 0 g [( )-1419.5( )-25067.7( )-2871.3( )2097.1( )-2097( )]TJ /F6 1 Tf 50.1032 0.0323 TD 0 Tc (Current)Tj /F12 1 Tf 4.0973 -0.0323 TD 1.6857 Tc [( )-580.8( )-96.8( )]TJ /F6 1 Tf 11.9693 0.0323 TD 0 Tc (Operating)Tj /F12 1 Tf -66.1698 -1.2582 TD 2.2665 Tc [( )-1419.5( )-25067.7( )-2871.3( )2097.1( )-2097( )]TJ /F6 1 Tf 50.2645 0.0323 TD 0 Tc (Annual)Tj /F12 1 Tf 3.936 -0.0323 TD ( )Tj /F6 1 Tf 4.6135 0.0323 TD 0.0001 Tc (Ore)Tj /F12 1 Tf 3.8069 -0.0323 TD 0 Tc ( )Tj /F6 1 Tf 2.9036 0.0323 TD (Continuously)Tj -52.7487 -1.4841 TD (Name and Location)Tj /F12 1 Tf 21.2608 -0.0323 TD ( )Tj /F6 1 Tf 5.0974 0.0323 TD (Type of Ore)Tj /F12 1 Tf 7.8397 -0.0323 TD ( )Tj /F6 1 Tf 2.9359 0.0323 TD (Capacity)Tj /F12 1 Tf 4.2909 -0.0323 TD ( )Tj /F6 1 Tf 2.5487 0.0323 TD (Reserves)Tj 6.24 0 0 6.24 490.05 822.09 Tm (\(2\)\(3\))Tj /F12 1 Tf 7.439 0 0 7.439 505.41 818.73 Tm ( )Tj /F6 1 Tf 4.6135 0.0323 TD (Since)Tj ET 0.5 g 39.57 811.05 252.96 -0.48 re f BT /F12 1 Tf 7.439 0 0 7.439 292.77 810.3301 Tm 0 g ( )Tj ET 0.5 g 311.49 811.05 77.28 -0.48 re f BT 7.439 0 0 7.439 389.01 810.3301 Tm 0 g ( )Tj ET 0.5 g 407.73 811.05 34.8 -0.48 re f BT 7.439 0 0 7.439 442.77 810.3301 Tm 0 g ( )Tj ET 0.5 g 461.49 811.05 43.68 -0.48 re f BT 7.439 0 0 7.439 505.41 810.3301 Tm 0 g ( )Tj ET 0.5 g 524.13 811.05 48.24 -0.48 re f 0.934 g 39.57 808.65 252.96 -11.04 re f BT 10.079 0 0 10.079 39.57 799.53 Tm 0 g (Michigan)Tj ET 39.57 798.57 m 78.45 798.57 l S BT 10.079 0 0 10.079 78.45 799.53 Tm ( \(Marquette Range\))Tj ET 0.934 g 292.77 808.65 18.48 -11.04 re f BT 10.079 0 0 10.079 292.77 799.53 Tm 0 g ( )Tj ET 0.934 g 311.49 808.65 39.84 -11.04 re f BT 10.079 0 0 10.079 311.49 799.53 Tm 0 g ( )Tj ET 0.934 g 351.57 808.65 2.88 -11.04 re f BT 10.079 0 0 10.079 351.57 799.53 Tm 0 g ( )Tj ET 0.934 g 354.69 808.65 34.08 -11.04 re f BT 10.079 0 0 10.079 354.69 799.53 Tm 0 g ( )Tj ET 0.934 g 389.01 808.65 18.48 -11.04 re f BT 10.079 0 0 10.079 389.01 799.53 Tm 0 g ( )Tj ET 0.934 g 407.73 808.65 8.4 -11.04 re f BT 10.079 0 0 10.079 407.73 799.53 Tm 0 g ( )Tj ET 0.934 g 416.37 808.65 17.52 -11.04 re f BT 10.079 0 0 10.079 416.37 799.53 Tm 0 g ( )Tj ET 0.934 g 434.13 808.65 8.4 -11.04 re f BT 10.079 0 0 10.079 434.13 799.53 Tm 0 g ( )Tj ET 0.934 g 442.77 808.65 18.48 -11.04 re f BT 10.079 0 0 10.079 442.77 799.53 Tm 0 g ( )Tj ET 0.934 g 461.49 808.65 14.16 -11.04 re f BT 10.079 0 0 10.079 461.49 799.53 Tm 0 g ( )Tj ET 0.934 g 475.89 808.65 14.88 -11.04 re f BT 10.079 0 0 10.079 475.89 799.53 Tm 0 g ( )Tj ET 0.934 g 491.01 808.65 14.16 -11.04 re f BT 10.079 0 0 10.079 491.01 799.53 Tm 0 g ( )Tj ET 0.934 g 505.41 808.65 18.48 -11.04 re f BT 10.079 0 0 10.079 505.41 799.53 Tm 0 g ( )Tj ET 0.934 g 524.13 808.65 13.92 -11.04 re f BT 10.079 0 0 10.079 524.1299 799.53 Tm 0 g ( )Tj ET 0.934 g 538.29 808.65 19.92 -11.04 re f BT 10.079 0 0 10.079 538.2899 799.53 Tm 0 g ( )Tj ET 0.934 g 558.45 808.65 13.92 -11.04 re f BT 10.079 0 0 10.079 558.45 799.53 Tm 0 g ( )Tj -51.4811 -1.1192 TD ( )Tj /F2 1 Tf 1.8573 0 TD ()Tj /F12 1 Tf 0.35 0 TD [( Empire Iron Mining Partnership)-9805.3( )-1607.3(Magnetite)-3636.5( )-1607.3( )-1107.3(6.0)-12.1( )-607.2( )-1607.3( )-1678.8(63 )-1178.7( )-1607.3( )-1154.9(1963 )]TJ ET 0.934 g 39.57 786.09 18.48 -11.04 re f BT 10.079 0 0 10.079 39.57 776.97 Tm 0 g ( )Tj ET 0.934 g 58.29 786.09 252.96 -11.04 re f BT /F2 1 Tf 10.079 0 0 10.079 58.29 776.97 Tm 0 g ()Tj /F12 1 Tf 0.35 0 TD ( Tilden Mining)Tj ET 0.934 g 311.49 786.09 77.28 -11.04 re f BT 10.079 0 0 10.079 311.49 776.97 Tm 0 g (Hematite and)Tj ET 0.934 g 389.01 786.09 18.48 -11.04 re f BT 10.079 0 0 10.079 389.01 776.97 Tm 0 g ( )Tj ET 0.934 g 407.73 786.09 8.4 -11.04 re f BT 10.079 0 0 10.079 407.73 776.97 Tm 0 g ( )Tj ET 0.934 g 416.37 786.09 17.52 -11.04 re f 434.13 786.09 8.4 -11.04 re f BT 10.079 0 0 10.079 434.13 776.97 Tm 0 g ( )Tj ET 0.934 g 442.77 786.09 18.48 -11.04 re f BT 10.079 0 0 10.079 442.77 776.97 Tm 0 g ( )Tj ET 0.934 g 461.49 786.09 14.16 -11.04 re f BT 10.079 0 0 10.079 461.49 776.97 Tm 0 g ( )Tj ET 0.934 g 475.89 786.09 14.88 -11.04 re f 491.01 786.09 14.16 -11.04 re f BT 10.079 0 0 10.079 491.01 776.97 Tm 0 g ( )Tj ET 0.934 g 505.41 786.09 18.48 -11.04 re f BT 10.079 0 0 10.079 505.41 776.97 Tm 0 g ( )Tj ET 0.934 g 524.13 786.09 13.92 -11.04 re f BT 10.079 0 0 10.079 524.1299 776.97 Tm 0 g ( )Tj ET 0.934 g 538.29 786.09 19.92 -11.04 re f 558.45 786.09 13.92 -11.04 re f BT 10.079 0 0 10.079 558.45 776.97 Tm 0 g ( )Tj -51.4811 -1.1191 TD 1.6073 Tw [( )-1047.7(Company )1607.3(L.C)-14692.5( Magnetite)-3636.5( )500(7.8)-12.1( )1000.1( )428.6(309 )428.6( )452.4(1974 )]TJ 7.439 0 0 7.439 39.57 756.8101 Tm 0 Tw ( )Tj ET 0.934 g 39.57 755.13 252.96 -11.04 re f BT 10.079 0 0 10.079 39.57 746.0101 Tm 0 g (Minnesota)Tj ET 39.57 745.05 m 82.29 745.05 l S BT 10.079 0 0 10.079 82.29 746.0101 Tm ( \(Mesabi Range\))Tj ET 0.934 g 292.77 755.13 18.48 -11.04 re f BT 10.079 0 0 10.079 292.77 746.0101 Tm 0 g ( )Tj ET 0.934 g 311.49 755.13 39.84 -11.04 re f BT 10.079 0 0 10.079 311.49 746.0101 Tm 0 g ( )Tj ET 0.934 g 351.57 755.13 2.88 -11.04 re f BT 10.079 0 0 10.079 351.57 746.0101 Tm 0 g ( )Tj ET 0.934 g 354.69 755.13 34.08 -11.04 re f BT 10.079 0 0 10.079 354.69 746.0101 Tm 0 g ( )Tj ET 0.934 g 389.01 755.13 18.48 -11.04 re f BT 10.079 0 0 10.079 389.01 746.0101 Tm 0 g ( )Tj ET 0.934 g 407.73 755.13 8.4 -11.04 re f BT 10.079 0 0 10.079 407.73 746.0101 Tm 0 g ( )Tj ET 0.934 g 416.37 755.13 17.52 -11.04 re f BT 10.079 0 0 10.079 416.37 746.0101 Tm 0 g ( )Tj ET 0.934 g 434.13 755.13 8.4 -11.04 re f BT 10.079 0 0 10.079 434.13 746.0101 Tm 0 g ( )Tj ET 0.934 g 442.77 755.13 18.48 -11.04 re f BT 10.079 0 0 10.079 442.77 746.0101 Tm 0 g ( )Tj ET 0.934 g 461.49 755.13 14.16 -11.04 re f BT 10.079 0 0 10.079 461.49 746.0101 Tm 0 g ( )Tj ET 0.934 g 475.89 755.13 14.88 -11.04 re f BT 10.079 0 0 10.079 475.89 746.0101 Tm 0 g ( )Tj ET 0.934 g 491.01 755.13 14.16 -11.04 re f BT 10.079 0 0 10.079 491.01 746.0101 Tm 0 g ( )Tj ET 0.934 g 505.41 755.13 18.48 -11.04 re f BT 10.079 0 0 10.079 505.41 746.0101 Tm 0 g ( )Tj ET 0.934 g 524.13 755.13 13.92 -11.04 re f BT 10.079 0 0 10.079 524.1299 746.0101 Tm 0 g ( )Tj ET 0.934 g 538.29 755.13 19.92 -11.04 re f BT 10.079 0 0 10.079 538.2899 746.0101 Tm 0 g ( )Tj ET 0.934 g 558.45 755.13 13.92 -11.04 re f BT 10.079 0 0 10.079 558.45 746.0101 Tm 0 g ( )Tj -51.4811 -1.1192 TD ( )Tj /F2 1 Tf 1.8573 0 TD ()Tj /F12 1 Tf 0.35 0 TD [( Hibbing Taconite Company - Joint Venture)-5250.7( )-1607.3(Magnetite)-3636.5( )-1607.3( )-1107.3(8.0)-12.1( )-607.2( )-1607.3( )-1178.7(182 )-1178.7( )-1607.3( )-1154.9(1976 )]TJ ET 0.934 g 39.57 732.57 18.48 -11.04 re f BT 10.079 0 0 10.079 39.57 723.4501 Tm 0 g ( )Tj ET 0.934 g 58.29 732.57 234.24 -11.04 re f BT /F2 1 Tf 10.079 0 0 10.079 58.29 723.4501 Tm 0 g ()Tj /F12 1 Tf 0.35 0 TD ( Northshore Mining Company)Tj ET 0.934 g 292.77 732.57 18.48 -11.04 re f BT 10.079 0 0 10.079 292.77 723.4501 Tm 0 g ( )Tj ET 0.934 g 311.49 732.57 77.28 -11.04 re f BT 10.079 0 0 10.079 311.49 723.4501 Tm 0 g (Magnetite)Tj ET 0.934 g 389.01 732.57 18.48 -11.04 re f BT 10.079 0 0 10.079 389.01 723.4501 Tm 0 g ( )Tj ET 0.934 g 407.73 732.57 8.4 -11.04 re f BT 10.079 0 0 10.079 407.73 723.4501 Tm 0 g ( )Tj ET 0.934 g 416.37 732.57 17.52 -11.04 re f BT 10.079 0 0 10.079 421.41 723.4501 Tm 0 g (4.8)Tj ET 0.934 g 434.13 732.57 8.4 -11.04 re f BT 10.079 0 0 10.079 434.13 723.4501 Tm 0 g ( )Tj ET 0.934 g 442.77 732.57 18.48 -11.04 re f BT 10.079 0 0 10.079 442.77 723.4501 Tm 0 g ( )Tj ET 0.934 g 461.49 732.57 14.16 -11.04 re f BT 10.079 0 0 10.079 461.49 723.4501 Tm 0 g ( )Tj ET 0.934 g 475.89 732.57 14.88 -11.04 re f BT 10.079 0 0 10.079 475.89 723.4501 Tm 0 g (340)Tj ET 0.934 g 491.01 732.57 14.16 -11.04 re f BT 10.079 0 0 10.079 491.01 723.4501 Tm 0 g ( )Tj ET 0.934 g 505.41 732.57 18.48 -11.04 re f BT 10.079 0 0 10.079 505.41 723.4501 Tm 0 g ( )Tj ET 0.934 g 524.13 732.57 13.92 -11.04 re f BT 10.079 0 0 10.079 524.1299 723.4501 Tm 0 g ( )Tj ET 0.934 g 538.29 732.57 19.92 -11.04 re f BT 10.079 0 0 10.079 538.2899 723.4501 Tm 0 g (1989)Tj ET 0.934 g 558.45 732.57 13.92 -11.04 re f BT 10.079 0 0 10.079 558.45 723.4501 Tm 0 g ( )Tj 7.439 0 0 7.439 39.57 714.5701 Tm ( )Tj 10.079 0 0 10.079 39.57 703.7701 Tm (Canada)Tj ET 39.57 702.81 m 70.05 702.81 l S BT 10.079 0 0 10.079 70.05 703.7701 Tm 1.6073 Tw [( )1607.3(\(Newfoundland )1607.3(& )1607.3(Quebec\))-10907.3( )-2119.3( )1547.7( )-1547.8( )1000.1( )95.2( )1000.1( )428.6( )357.2( )428.6( )452.4( )-142.9( )]TJ ET 0.934 g 39.57 701.61 18.48 -11.04 re f BT 10.079 0 0 10.079 39.57 692.4901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 58.29 701.61 234.24 -11.04 re f BT /F2 1 Tf 10.079 0 0 10.079 58.29 692.4901 Tm 0 g ()Tj /F12 1 Tf 0.35 0 TD ( Wabush Mines )Tj /F2 1 Tf 6.5264 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( Joint Venture)Tj ET 0.934 g 292.77 701.61 18.48 -11.04 re f BT 10.079 0 0 10.079 292.77 692.4901 Tm 0 g ( )Tj ET 0.934 g 311.49 701.61 77.28 -11.04 re f BT 10.079 0 0 10.079 311.49 692.4901 Tm 0 g (Specular)Tj ET 0.934 g 389.01 701.61 18.48 -11.04 re f BT 10.079 0 0 10.079 389.01 692.4901 Tm 0 g ( )Tj ET 0.934 g 407.73 701.61 8.4 -11.04 re f BT 10.079 0 0 10.079 407.73 692.4901 Tm 0 g ( )Tj ET 0.934 g 416.37 701.61 17.52 -11.04 re f BT 10.079 0 0 10.079 416.37 692.4901 Tm 0 g ( )Tj ET 0.934 g 434.13 701.61 8.4 -11.04 re f BT 10.079 0 0 10.079 434.13 692.4901 Tm 0 g ( )Tj ET 0.934 g 442.77 701.61 18.48 -11.04 re f BT 10.079 0 0 10.079 442.77 692.4901 Tm 0 g ( )Tj ET 0.934 g 461.49 701.61 14.16 -11.04 re f BT 10.079 0 0 10.079 461.49 692.4901 Tm 0 g ( )Tj ET 0.934 g 475.89 701.61 14.88 -11.04 re f BT 10.079 0 0 10.079 475.89 692.4901 Tm 0 g ( )Tj ET 0.934 g 491.01 701.61 14.16 -11.04 re f BT 10.079 0 0 10.079 491.01 692.4901 Tm 0 g ( )Tj ET 0.934 g 505.41 701.61 18.48 -11.04 re f BT 10.079 0 0 10.079 505.41 692.4901 Tm 0 g ( )Tj ET 0.934 g 524.13 701.61 13.92 -11.04 re f BT 10.079 0 0 10.079 524.1299 692.4901 Tm 0 g ( )Tj ET 0.934 g 538.29 701.61 19.92 -11.04 re f BT 10.079 0 0 10.079 538.2899 692.4901 Tm 0 g ( )Tj ET 0.934 g 558.45 701.61 13.92 -11.04 re f BT 10.079 0 0 10.079 558.45 692.4901 Tm 0 g ( )Tj -51.4811 -1.1191 TD 1.6073 Tw [( )-23264.1( Hematite)-4025.5( )500(6.0)-12.1( )1000.1( )-71.5(94 )428.6( )452.4(1965 )]TJ T* 1.6073 Tc 0 Tw [( )-23264.1( )-2119.3( )1547.7( )-1547.8( )]TJ ET 0.5 g 416.37 673.77 17.52 -0.48 re f BT 10.079 0 0 10.079 434.13 669.9301 Tm 0 g 0.6072 Tc [( )-1000.1( )]TJ ET 0.5 g 475.89 673.77 14.88 -0.48 re f BT 10.079 0 0 10.079 491.01 669.9301 Tm 0 g 1.1787 Tc [( )-428.6( )23.8( )-571.5( )]TJ ET 0.934 g 39.57 667.77 252.96 -11.04 re f BT 10.079 0 0 10.079 39.57 658.6501 Tm 0 g -0.0001 Tc (TOTAL)Tj ET 0.934 g 292.77 667.77 18.48 -11.04 re f BT 10.079 0 0 10.079 292.77 658.6501 Tm 0 g 0 Tc ( )Tj ET 0.934 g 311.49 667.77 39.84 -11.04 re f BT 10.079 0 0 10.079 311.49 658.6501 Tm 0 g ( )Tj ET 0.934 g 351.57 667.77 2.88 -11.04 re f BT 10.079 0 0 10.079 351.57 658.6501 Tm 0 g ( )Tj ET 0.934 g 354.69 667.77 34.08 -11.04 re f BT 10.079 0 0 10.079 354.69 658.6501 Tm 0 g ( )Tj ET 0.934 g 389.01 667.77 18.48 -11.04 re f BT 10.079 0 0 10.079 389.01 658.6501 Tm 0 g ( )Tj ET 0.934 g 407.73 667.77 8.4 -11.04 re f BT 10.079 0 0 10.079 407.73 658.6501 Tm 0 g ( )Tj ET 0.934 g 416.37 667.77 17.52 -11.04 re f BT 10.079 0 0 10.079 416.37 658.6501 Tm 0 g (32.6)Tj ET 0.934 g 434.13 667.77 8.4 -11.04 re f BT 10.079 0 0 10.079 434.13 658.6501 Tm 0 g ( )Tj ET 0.934 g 442.77 667.77 18.48 -11.04 re f BT 10.079 0 0 10.079 442.77 658.6501 Tm 0 g ( )Tj ET 0.934 g 461.49 667.77 14.16 -11.04 re f BT 10.079 0 0 10.079 461.49 658.6501 Tm 0 g ( )Tj ET 0.934 g 475.89 667.77 14.88 -11.04 re f BT 10.079 0 0 10.079 475.89 658.6501 Tm 0 g (988)Tj ET 0.934 g 491.01 667.77 14.16 -11.04 re f BT 10.079 0 0 10.079 491.01 658.6501 Tm 0 g ( )Tj ET 0.934 g 505.41 667.77 18.48 -11.04 re f BT 10.079 0 0 10.079 505.41 658.6501 Tm 0 g ( )Tj ET 0.934 g 524.13 667.77 13.92 -11.04 re f BT 10.079 0 0 10.079 524.1299 658.6501 Tm 0 g ( )Tj ET 0.934 g 538.29 667.77 19.92 -11.04 re f BT 10.079 0 0 10.079 538.2899 658.6501 Tm 0 g ( )Tj ET 0.934 g 558.45 667.77 13.92 -11.04 re f BT 10.079 0 0 10.079 558.45 658.6501 Tm 0 g ( )Tj -51.4811 -1.1192 TD 1.6073 Tc [( )-23264.1( )-2119.3( )1547.7( )-1547.8( )]TJ ET 0.5 g 416.37 652.41 17.52 -2.88 re f BT 10.079 0 0 10.079 434.13 647.3701 Tm 0 g 0.6072 Tc [( )-1000.1( )]TJ ET 0.5 g 475.89 652.41 14.88 -2.88 re f BT 10.079 0 0 10.079 491.01 647.3701 Tm 0 g 1.1787 Tc [( )-428.6( )23.8( )-571.5( )]TJ ET 0.5 g 25.65 629.37 560.88 -0.48 re f BT 10.079 0 0 10.079 25.65 617.85 Tm 0 g 0 Tc [(\(1\) )-1107.3(Tons are long tons of 2,240 pounds.)]TJ T* ( )Tj T* [(\(2\) )-1107.3(Estimated standard equivalent pellets, including both proven and probable reserves.)]TJ T* ( )Tj T* [(\(3\) )-1107.3(Cliffs regularly evaluates its ore reserve estimates and updates them as required in accordance with SEC Industry Guide 7. )]TJ 2.524 -1.1192 TD (Significant reductions were made to the ore reserves at Empire and Wabush Mines in the fourth quarter of 2002 due to increasing)Tj 51.7903 0 TD ( )Tj -51.7903 -1.1192 TD (mining and processing costs.)Tj -2.524 -2.5241 TD ( With respect to the Empire Mine, Cliffs owns directly approximately one-half of the remaining ore reserves and leases the )Tj 50.4024 0 TD (balance of )Tj -50.4024 -1.1191 TD (the reserves from their owners; with respect to the Tilden Mine, Cliffs owns all of the ore reserves; with respect to the Hibbi)Tj 49.6815 0 TD (ng Mine, )Tj -49.6815 -1.1192 TD (Northshore Mine and Wabush Mines, ore reserves are owned by others and leased or subleased directly to those mines. )Tj /F6 1 Tf 0 -2.5955 TD (Discontinued Operation)Tj ET 25.65 474.81 m 129.09 474.81 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 450.0901 Tm ( In the fourth quarter of 2002, the Company decided to exit the ferrous metallics business and abandon its 82 percent inves)Tj 50.0435 0 TD (tment in )Tj -50.0435 -1.1192 TD (Cliffs and Associates Limited \()Tj /F2 1 Tf 12.4979 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (CAL)Tj /F2 1 Tf 1.9998 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\), an HBI facility located in Trinidad and Tobago. )Tj 12.1885 -2.6907 TD (5)Tj ET endstreamendobj13 0 obj<< /Type /Page /Parent 243 0 R /Resources 14 0 R /Contents 15 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj14 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R 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Significant amounts of iron ore have, since the early 1980s, been shipped to the United States from Brazil and Venezu)Tj 50.9314 0 TD (ela in )Tj -50.9314 -1.1192 TD (competition with iron ore produced by the Company. )Tj 0 -2.524 TD ( Other competitive forces have become large factors in the iron ore business. With respect to a significant portion of stee)Tj 49.2355 0 TD (lmaking in )Tj -49.2355 -1.1192 TD (North America, electric furnaces built by )Tj /F2 1 Tf 16.6885 0 TD ()Tj /F12 1 Tf 0.444 0 TD (minimills)Tj /F2 1 Tf 3.8347 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( have replaced the use of iron ore pellets with scrap metal in the steelmaking )Tj -21.4111 -1.1192 TD (process. Imported steel slabs also replace the use of iron ore pellets in producing finished steel products. Imported steel pro)Tj 49.2925 0 TD (duced from )Tj -49.2925 -1.1192 TD (iron ore supplied by international competitors also competes with the Company)Tj /F2 1 Tf 31.8281 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s iron ore pellets. Imported steel, and particularly )Tj -32.1611 -1.1192 TD (imported slabs, had a significant impact on steelmaking in the United States, which has adversely affected the demand for iron )Tj 50.8764 0 TD (ore )Tj -50.8764 -1.1191 TD (pellets. )Tj 0 -2.5241 TD ( Competition among the sellers of iron ore pellets is predicated upon the usual competitive factors of price, availability )Tj 48.7676 0 TD (of supply, )Tj -48.7676 -1.1192 TD (product performance, service and transportation cost to the consumer. )Tj /F6 1 Tf 23.9785 -2.5955 TD -0.0001 Tc (ENVIRONMENT)Tj ET 267.33 746.73 m 344.85 746.73 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 722.0101 Tm 0 Tc ( In the construction of the Company)Tj /F2 1 Tf 15.4416 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s facilities and in their operation, substantial costs have been incurred and will be incurred to )Tj -15.7746 -1.1191 TD (avoid undue effect on the environment. The Company)Tj /F2 1 Tf 21.661 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s commitment to environmental preservation resulted in North American capital )Tj -21.994 -1.1192 TD (expenditures of $.8 million in 2001 and $4.0 million in 2002. It is estimated that approximately $2.3 million will be spent in )Tj 49.8855 0 TD (2003 for )Tj -49.8855 -1.1192 TD (capital environmental control facilities. )Tj 0 -2.524 TD ( Generally, various legislative bodies and federal and state agencies are continually promulgating numerous new laws and re)Tj 50.8184 0 TD (gulations )Tj -50.8184 -1.1192 TD (affecting the Company, its customers, and its suppliers in many areas, including waste discharge and disposal; hazardous classi)Tj 50.8774 0 TD (fication of )Tj -50.8774 -1.1192 TD (materials, products, and ingredients; air and water discharges; and many other matters. Although the Company believes that its )Tj T* (environmental policies and practices are sound and does not expect a material adverse effect of any current laws or regulations)Tj 50.6764 0 TD (, it cannot )Tj -50.6764 -1.1192 TD (predict the collective adverse impact of the expanding body of laws and regulations. )Tj 0 -2.5241 TD ( The iron ore industry has been identified by the U.S. Environmental Protection Agency \()Tj /F2 1 Tf 36.7697 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (EPA)Tj /F2 1 Tf 1.8888 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) as an industrial category that emits )Tj -39.5464 -1.1192 TD (pollutants established by the 1990 Clean Air Act Amendments. These pollutants included over 200 substances that are now classif)Tj 52.1283 0 TD (ied as )Tj -52.1283 -1.1192 TD (hazardous air pollutants \()Tj /F2 1 Tf 10.1361 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (HAP)Tj /F2 1 Tf 1.9998 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\). The EPA is required to develop rules that would require major sources of HAP to utilize Maximum )Tj -13.0238 -1.1192 TD (Achievable Control Technology \()Tj /F2 1 Tf 13.4688 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (MACT)Tj /F2 1 Tf 2.8887 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) standards for their emissions. The EPA published a Proposed Rule on December 18, 2002, )Tj -17.2454 -1.1192 TD (and is scheduled to issue a Final Rule in August 2003, and require compliance by 2006. The projected costs to the Company, incl)Tj 51.7403 0 TD (uding )Tj -51.7403 -1.1192 TD (capital expenditures, to meet the proposed MACT standards, as currently proposed, could be approximately $15 million. )Tj 0 -2.5241 TD ( For additional information on the Company)Tj /F2 1 Tf 18.7203 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s environmental matters, see Note 5 in the Notes to the Company)Tj /F2 1 Tf 26.0506 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s Consolidated )Tj -45.4369 -1.1191 TD (Financial Statements for the year ended December 31, 2002. )Tj 27.5741 -2.6907 TD (6)Tj ET endstreamendobj16 0 obj<< /Type /Page /Parent 243 0 R /Resources 17 0 R /Contents 18 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj17 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj18 0 obj<< /Length 10765 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -581.52 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F6 1 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Steelworkers of America \()Tj /F2 1 Tf 41.4042 0 TD ()Tj /F12 1 Tf 0.444 0 TD (United Steelworkers)Tj /F2 1 Tf 8.1923 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) under )Tj -50.4844 -1.1192 TD (collective bargaining agreements. In August 1999, five-year labor agreements were ratified between the Hibbing Taconite, Tilden)Tj 51.9273 0 TD ( and )Tj -51.9273 -1.1192 TD (Empire Mines and the United Steelworkers covering the period to August 1, 2004. Also, in 1999, an agreement was entered into wi)Tj 52.5712 0 TD (th the )Tj -52.5712 -1.1191 TD (United Steelworkers covering the employees of Wabush Mines, which agreement expires on March 1, 2004. Hourly employees of the )Tj T* (LS&I Railroad are represented by six unions with labor agreements expiring at various dates. )Tj /F6 1 Tf 25.6929 -2.5955 TD -0.0001 Tc (ENERGY)Tj ET 284.61 633.21 m 327.57 633.21 l S BT 10.079 0 0 10.079 25.65 607.7701 Tm 0 Tc (Electricity)Tj ET 25.65 606.57 m 71.01 606.57 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 581.85 Tm ( The Empire and Tilden Mines have electric power supply contracts with Wisconsin Electric Power Company which are effective)Tj 52.8732 0 TD ( )Tj -52.8732 -1.1192 TD (through 2007. The power supply contracts include an energy price cap and certain power curtailment features. )Tj 0 -2.5241 TD ( Electric power for Hibbing Taconite is supplied by Minnesota Power, Inc., under an agreement which continues to December 2)Tj 52.2073 0 TD (008. )Tj -52.2073 -2.524 TD ( Silver Bay Power Company, an indirect subsidiary of the Company, with a 115 megawatt power plant, provides the majority of)Tj 52.2403 0 TD ( )Tj -52.2403 -1.1192 TD (Northshore)Tj /F2 1 Tf 4.4986 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s energy requirements, has an interconnection agreement with Minnesota Power, Inc. for backup power, and sells 40 )Tj -4.8316 -1.1192 TD (megawatts of excess power capacity to Northern States Power Company. The contract with Northern States Power extends to 2011. )Tj 0 -2.524 TD ( Wabush Mines owns a portion of the Twin Falls Hydro Generation facility which provides power for Wabush)Tj /F2 1 Tf 45.2389 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s mining operations in )Tj -45.5719 -1.1192 TD (Newfoundland. A twenty year agreement with Newfoundland Power, which agreement continues until December 31, 2014, allows an )Tj T* (interchange of water rights in return for the power needs for Wabush)Tj /F2 1 Tf 27.5175 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s mining operations. The Wabush pelletizing operations in Quebec )Tj -27.8505 -1.1192 TD (are served by Quebec Hydro on an annual contract. )Tj 27.5741 -2.6907 TD (7)Tj ET endstreamendobj19 0 obj<< /Type /Page /Parent 243 0 R /Resources 20 0 R /Contents 21 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj20 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj21 0 obj<< /Length 5829 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -514.56 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F6 1 Tf 10.079 0 0 10.079 25.65 952.41 Tm (Process Fuel)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 951.21 m 80.13 951.21 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 926.4901 Tm ( The Company has contracts providing for the transport of natural gas for its United States iron ore operations. The Empire)Tj 50.1824 0 TD ( and Tilden )Tj -50.1824 -1.1191 TD (Mines have the capability of burning natural gas, coal, or, to a lesser extent, oil. Wabush Mines has the capability of burning)Tj 49.8215 0 TD ( oil and coke )Tj -49.8215 -1.1192 TD (breeze. Hibbing Taconite and Northshore have the capability of burning natural gas and oil. During 2002, the U.S. mines burned )Tj 51.6813 0 TD (natural )Tj -51.6813 -1.1192 TD (gas as their primary fuel; however, with high natural gas prices, the pelletizing operations utilized alternate fuels when prac)Tj 49.3745 0 TD (ticable. )Tj -49.3745 -1.1192 TD (Wabush Mines used oil, supplemented with coke breeze. )Tj 0 -2.524 TD ( Any substantial unmitigated interruption of either electric power or process fuel supply could be materially adverse to th)Tj 49.4325 0 TD (e Company. )Tj /F6 1 Tf -29.6211 -2.5955 TD -0.0001 Tc 0.0001 Tw (RESEARCH AND DEVELOPMENT)Tj ET 225.33 828.57 m 386.85 828.57 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 803.85 Tm 0 Tc 0 Tw ( The Company maintains engineering and technical staffs that are engaged in full-time research and development of new iron-)Tj 51.4843 0 TD (bearing )Tj -51.4843 -1.1192 TD (products and improvement of existing products at a research facility located in Ishpeming, Michigan. )Tj 0 -2.5241 TD ( In April 2002, the Company agreed to participate in Phase II of the Mesabi Nugget Project to construct a pilot plant at th)Tj 49.4895 0 TD (e Company)Tj /F2 1 Tf 4.5826 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s )Tj -54.4051 -1.1191 TD (Northshore Mine to test and develop Kobe Steel)Tj /F2 1 Tf 19.3012 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s technology for converting iron ore into nearly pure iron in nugget form. Other )Tj -19.6342 -1.1192 TD (participants in the project include Kobe Steel, Ltd., Steel Dynamics, Inc., Ferrometrics, Inc. and the State of Minnesota. )Tj /F6 1 Tf 0 -2.5955 TD -0.0001 Tc 0.0001 Tw (ITEM 3. LEGAL PROCEEDINGS.)Tj /F12 1 Tf 0 -2.5717 TD 0 Tc 0 Tw ( The Company and certain of its subsidiaries are involved in various claims and ordinary routine litigation incidental to t)Tj 49.1855 0 TD (heir )Tj -49.1855 -1.1191 TD (businesses, including claims relating to the exposure of asbestos and silica to seamen who sailed on the Great Lakes vessels fo)Tj 50.5714 0 TD (rmerly )Tj -50.5714 -1.1192 TD (owned and operated by subsidiaries of the Company. The full impact of these claims and proceedings in the aggregate continues t)Tj 51.9033 0 TD (o be )Tj -51.9033 -1.1192 TD (unknown. The Company continues to monitor its claims and litigation expense, but believes that resolution of currently pending )Tj 51.4923 0 TD (claims )Tj -51.4923 -1.1192 TD (and proceedings are unlikely in the aggregate to have a material adverse effect on the Company)Tj /F2 1 Tf 38.2365 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s financial position. )Tj /F6 1 Tf -38.5695 -2.5955 TD (\(a\) Maritime Asbestosis Litigation)Tj /F12 1 Tf T* [( )-1416.8(The Cleveland-Cliffs Iron Company and/or The Cleveland-Cliffs Steamship Company, or both, which are subsidiaries of the )]TJ 1.6668 -1.1191 TD (Company \(collectively )Tj /F2 1 Tf 9.3871 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Cliffs Entities)Tj /F2 1 Tf 5.5835 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), have been named defendants in 478 actions brought during the years 1986 to date by )Tj -15.8586 -1.1192 TD (former seamen \(or their administrators\) in which the plaintiffs claim damages under Federal law for illnesses allegedly suffere)Tj 50.5124 0 TD (d as )Tj -50.5124 -1.1191 TD (the result of ex)Tj ET q 42.45 570.33 544.32 -11.28 re W* n BT 10.079 0 0 10.079 102.6265 561.2101 Tm (p)Tj ET Q BT 10.079 0 0 10.079 107.6655 561.2101 Tm (osure to airborne asbestos fibers while servin)Tj ET q 42.45 570.33 544.32 -11.28 re W* n BT 10.079 0 0 10.079 289.5959 561.2101 Tm (g)Tj ET Q BT 10.079 0 0 10.079 294.6349 561.2101 Tm ( as crew members aboard the vessels )Tj ET q 42.45 570.33 544.32 -11.28 re W* n BT 10.079 0 0 10.079 445.4843 561.2101 Tm (p)Tj ET Q BT 10.079 0 0 10.079 450.5234 561.2101 Tm (reviousl)Tj ET q 42.45 570.33 544.32 -11.28 re W* n BT 10.079 0 0 10.079 482.9951 561.2101 Tm (y)Tj ET Q BT 10.079 0 0 10.079 488.0341 561.2101 Tm ( owned or mana)Tj ET q 42.45 570.33 544.32 -11.28 re W* n BT 10.079 0 0 10.079 552.6853 561.2101 Tm (g)Tj ET Q BT 10.079 0 0 10.079 557.7244 561.2101 Tm (ed b)Tj ET q 42.45 570.33 544.32 -11.28 re W* n BT 10.079 0 0 10.079 574.7968 561.2101 Tm (y)Tj ET Q BT 10.079 0 0 10.079 579.8358 561.2101 Tm ( )Tj -53.3172 -1.1192 TD (the Cliffs Entities until the mid-1980s. In a significant majority of the cases, the Cliffs Entities are co-defendants with a n)Tj 48.5466 0 TD (umber of )Tj -48.5466 -1.1192 TD (other shipowners whose employees worked on the Cliffs Entities)Tj /F2 1 Tf 25.9946 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( vessels and the vessels of such other shipowners, as well as )Tj -26.3276 -1.1192 TD (shipyards and manufacturers of asbestos containing products. The general understanding among shipowners is that any liability i)Tj 51.5163 0 TD (n )Tj -51.5163 -1.1192 TD (these cases will be divided according to the proportion of time served by such seamen on the respective owners)Tj /F2 1 Tf 44.543 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( vessels. All these )Tj -44.8759 -1.1192 TD (actions have been consolidated into multidistrict proceedings in the Eastern District of )Tj 25.9072 -2.6907 TD (8)Tj ET endstreamendobj22 0 obj<< /Type /Page /Parent 243 0 R /Resources 23 0 R /Contents 24 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj23 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj24 0 obj<< /Length 2839 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -328.8 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 25.65 952.89 Tm [( )-1416.8(Pennsylvania, whose docket now includes a total of over 30,000 maritime cases filed by seamen against shipowners and other )]TJ 1.6668 -1.1191 TD (defendants. All of these cases have been administratively dismissed without prejudice, but can be reinstated upon application b)Tj 50.7934 0 TD (y )Tj -50.7934 -1.1191 TD (plaintiff)Tj /F2 1 Tf 3.2217 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s counsel. The claims against the Cliffs Entities are insured, subject to self-insured retentions by the insureds in amounts )Tj -3.5547 -1.1192 TD (that vary by policy year; however, the manner in which these retentions will be applied remains uncertain. The Cliffs Entities )Tj T* (continue to vigorously contest these claims and have made no settlements on these claims.)Tj /F6 1 Tf -1.6668 -2.5955 TD (\(b\) Milwaukee Solvay Coke)Tj /F12 1 Tf T* [( )-1416.8(The EPA has conducted an investigation of structures, soil and groundwater at the former Milwaukee Solvay Coke plant site in )]TJ 1.6668 -1.1192 TD (Milwaukee, Wisconsin. This plant was last operated by a predecessor of the Company during the years 1973 to 1983, which )Tj T* (predecessor was acquired by the Company in 1986. Based upon the results of this investigation, in the second quarter of 2002, t)Tj 51.0444 0 TD (he )Tj -51.0444 -1.1192 TD (EPA determined that a removal action should be conducted on the property with respect to the contents of certain above ground )Tj T* (storage tanks and various sections of alleged asbestos containing materials on pipes and other parts of structures located on t)Tj 49.7375 0 TD (he )Tj -49.7375 -1.1192 TD (property. In September 2002, the Company received from EPA a draft of a proposed Administrative Consent Order limited to the )Tj T* (removal of these areas of contaminants and reimbursement of its costs. In January 2003, the Company completed the sale of the )Tj T* (plant site and property to a third party who will assume obligations for both removal under the Administrative Consent Order wi)Tj 51.3793 0 TD (th )Tj -51.3793 -1.1191 TD -0.0001 Tc 0.0001 Tw (the EPA \()Tj /F2 1 Tf 3.9436 0 TD 0 Tc 0 Tw ()Tj /F12 1 Tf 0.444 0 TD (Consent Order)Tj /F2 1 Tf 5.8595 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), which Consent Order was executed by the Company and the third party, and remediation. As a result, )Tj -10.691 -1.1192 TD (the Company has substantially eliminated its obligations related to this site, and has adjusted its December 31, 2002 reserve )Tj T* (accordingly.)Tj /F6 1 Tf -1.6668 -2.5955 TD -0.0001 Tc 0.0001 Tw (ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.)Tj /F12 1 Tf 0 -2.5717 TD 0 Tc 0 Tw (None. )Tj 27.5741 -2.6907 TD (9)Tj ET endstreamendobj25 0 obj<< /Type /Page /Parent 243 0 R /Resources 26 0 R /Contents 27 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj26 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj27 0 obj<< /Length 4356 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -586.56 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F6 1 Tf 10.079 0 0 10.079 194.85 952.41 Tm -0.0001 Tc 0.0001 Tw (EXECUTIVE OFFICERS OF THE REGISTRANT)Tj /F12 1 Tf 12 0 0 12 123.81 938.97 Tm 6.93 Tc 0 Tw [( )5780( )-11860( )5760( )6920( )6340( )]TJ 7.439 0 0 7.439 123.81 928.89 Tm 11.3321 Tc ( )Tj /F6 1 Tf 23.3578 0.0323 TD 0 Tc (Position with the Company)Tj /F12 1 Tf 21.1963 -0.0323 TD 2.0406 Tc [( )1871.2( )935.6( )]TJ /F6 1 Tf -40.0374 -1.1937 TD 0.0001 Tc (Name)Tj /F12 1 Tf 7.0654 -0.0323 TD 0 Tc ( )Tj /F6 1 Tf 12.7436 0.0323 TD (as of February 3, 2003)Tj /F12 1 Tf 20.2284 -0.0323 TD ( )Tj /F6 1 Tf 2.5487 0.0323 TD 0.0001 Tc (Age)Tj ET 0.5 g 123.81 912.09 85.92 -0.48 re f BT /F12 1 Tf 7.439 0 0 7.439 209.97 911.3701 Tm 0 g 0 Tc ( )Tj ET 0.5 g 226.77 912.09 228.24 -0.48 re f BT 7.439 0 0 7.439 455.25 911.3701 Tm 0 g ( )Tj ET 0.5 g 472.29 912.09 16.08 -0.48 re f BT 10.079 0 0 10.079 123.81 900.5701 Tm 0 g [(J. S. Brinzo)-3881.8( )-1416.8(Chairman and Chief Executive Officer )-6924.2( )-1488.3( )-11.9(61 )]TJ 0 -1.1192 TD [(D. H. Gunning)-2604.9( )-1416.8(Vice Chairman )-16337.4( )-1488.3( )-11.9(60 )]TJ T* (T. J. O)Tj /F2 1 Tf 2.7218 0 TD ()Tj /F12 1 Tf 0.333 0 TD [(Neil)-3771.8( )-1416.8(President and Chief Operating Officer )-7146.2( )-1488.3( )-11.9(62 )]TJ -3.0547 -1.1192 TD [(W. R. Calfee)-3327.9( )-1416.8(Executive Vice President-Commercial )-7034.2( )-1488.3( )-11.9(56 )]TJ T* [(E. C. Dowling)-2770.9( )-1416.8(Executive Vice President-Operations )-7590.2( )-1488.3( )-11.9(47 )]TJ T* [(C. B. Bezik)-3881.8( )-1416.8(Senior Vice President-Finance )-10199.9( )-1488.3( )-11.9(49 )]TJ T* [(R. L. Kummer)-2715.9( )-1416.8(Senior Vice President-Human Resources )-6062.3( )-1488.3( )-11.9(46 )]TJ T* [(J. A. Trethewey)-2162( )-1416.8(Senior Vice President-Business Development )-4172.5( )-1488.3( )-11.9(58 )]TJ -9.739 -2.524 TD ( There is no family relationship between any of the executive officers of the Company, or between any of such executive off)Tj 50.7614 0 TD (icers and )Tj -50.7614 -1.1192 TD (any of the Directors of the Company. Officers are elected to serve until successors have been elected. All of the above-named e)Tj 50.9534 0 TD (xecutive )Tj -50.9534 -1.1192 TD (officers of the Company were elected effective on the effective dates listed below for each such officer. )Tj 0 -2.524 TD ( The business experience of the persons named above for the last five years is as follows: )Tj 12 0 0 12 123.81 735.2101 Tm 5.83 Tc [( )4560( )]TJ 10.079 0 0 10.079 123.81 723.4501 Tm 0 Tc (J. S. Brinzo)Tj 7.2388 -3.3575 TD ( )Tj 1.8097 3.3575 TD (President and Chief Executive Officer, Company,)Tj 0 -1.1192 TD ( November 10, 1997 to December 31, 1999.)Tj T* (Chairman and Chief Executive Officer, Company,)Tj T* ( January 1, 2000 to date.)Tj 12 0 0 12 123.81 676.6501 Tm ( )Tj 10.079 0 0 10.079 123.81 664.8901 Tm (D. H. Gunning)Tj 7.2388 -3.3575 TD ( )Tj 1.8097 3.3575 TD (Consultant and Private Investor,)Tj 0 -1.1192 TD ( December 1997 to April 2001.)Tj T* (Vice Chairman, Company,)Tj T* ( April 16, 2001 to date.)Tj 12 0 0 12 123.81 618.0901 Tm ( )Tj 10.079 0 0 10.079 123.81 606.3301 Tm (T. J. O)Tj /F2 1 Tf 2.7218 0 TD ()Tj /F12 1 Tf 0.333 0 TD (Neil)Tj 4.1841 -3.3575 TD ( )Tj 1.8097 3.3575 TD (Executive Vice President-Operations, Company,)Tj 0 -1.1192 TD ( October 1, 1995 to December 31, 1999.)Tj T* (President and Chief Operating Officer, Company,)Tj T* ( January 1, 2000 to date.)Tj 12 0 0 12 123.81 559.53 Tm ( )Tj 10.079 0 0 10.079 123.81 547.7701 Tm (W. R. Calfee)Tj 7.2388 -1.1192 TD ( )Tj 1.8097 1.1192 TD (Executive Vice President-Commercial, Company,)Tj 0 -1.1192 TD ( October 1, 1995 to date.)Tj 12 0 0 12 123.81 523.53 Tm ( )Tj 10.079 0 0 10.079 123.81 511.7701 Tm (E. C. Dowling)Tj 7.2388 -7.8341 TD ( )Tj 1.8097 7.8341 TD (Senior Vice President-Director Process Management)Tj 0 -1.1191 TD ( and Engineering,)Tj T* ( Cyprus Amax Minerals Company,)Tj T* ( September 1996 to April 1998.)Tj T* (Senior Vice President-Operations, Company,)Tj T* ( April 15, 1998 to December 31, 2001.)Tj T* (Executive Vice President-Operations, Company,)Tj T* ( January 1, 2003 to date.)Tj 8.5484 -2.6907 TD (10)Tj ET endstreamendobj28 0 obj<< /Type /Page /Parent 245 0 R /Resources 29 0 R /Contents 30 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj29 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj30 0 obj<< /Length 1800 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -385.2 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj 8.18 -1.12 TD 6.13 Tc [( )4860( )]TJ 10.079 0 0 10.079 123.81 953.85 Tm 0 Tc (C. B. Bezik)Tj 7.596 -3.3575 TD ( )Tj 1.8097 3.3575 TD (Vice President and Treasurer, Company,)Tj 0 -1.1192 TD ( October 1, 1995 to November 9, 1997.)Tj T* (Senior Vice President-Finance, Company,)Tj T* ( November 10, 1997 to date.)Tj 12 0 0 12 123.81 907.05 Tm ( )Tj 10.079 0 0 10.079 123.81 895.29 Tm (R. L. Kummer)Tj 7.596 -11.1915 TD ( )Tj 1.8097 11.1915 TD (Director, Human Resources,)Tj 0 -1.1192 TD ( Kennecott Energy Company,)Tj T* ( April 1, 1993 to May 31, 1999.)Tj T* (Vice President, Human Resources,)Tj T* ( Government and Public Affairs,)Tj T* ( Kennecott Energy Company,)Tj T* ( June 1, 1999 to August 31, 2000.)Tj T* (Vice President )Tj /F2 1 Tf 6.1094 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( Human Resources, Company,)Tj -6.6094 -1.1192 TD ( September 5, 2000 to December 31, 2002.)Tj T* (Senior Vice President )Tj /F2 1 Tf 8.9702 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( Human Resources, Company,)Tj -9.4701 -1.1191 TD ( January 1, 2003 to date.)Tj 12 0 0 12 123.81 769.53 Tm ( )Tj 10.079 0 0 10.079 123.81 757.77 Tm (J. A. Trethewey)Tj 7.596 -5.5958 TD ( )Tj 1.8097 5.5958 TD (Vice President-Operations Services, Company,)Tj 0 -1.1191 TD ( July 1, 1997 to May 31, 1999.)Tj T* (Senior Vice President-Operations Services, Company,)Tj T* ( June 1, 1999 to March 15, 2001.)Tj T* (Senior Vice President-Business Development, Company,)Tj T* ( March 16, 2001 to date.)Tj 12 0 0 12 123.81 688.41 Tm ( )Tj 0 -1.12 TD ( )Tj T* ( )Tj T* ( )Tj T* ( )Tj 10.079 0 0 10.079 301.17 607.05 Tm (11)Tj ET endstreamendobj31 0 obj<< /Type /Page /Parent 245 0 R /Resources 32 0 R /Contents 33 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj32 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj33 0 obj<< /Length 14669 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -617.76 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F6 1 Tf 10.079 0 0 10.079 287.25 952.41 Tm -0.0001 Tc 0.0001 Tw (PART II)Tj /F13 1 Tf -25.9549 -2.6431 TD (ITEM 5. MARKET FOR REGISTRANTS)Tj /F6 1 Tf 19.1943 0 TD 0 Tc 0 Tw ()Tj /F13 1 Tf 0.333 0 TD -0.0001 Tc 0.0001 Tw ( COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.)Tj -19.5272 -2.6431 TD 0 Tc 0 Tw (Stock Exchange Information)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 897.93 m 149.49 897.93 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 873.2101 Tm (Cleveland-Cliffs Inc common shares \(ticker symbol CLF\) are listed on the New York Stock Exchange. 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463.41 690.09 12.48 -2.88 re f BT 10.079 0 0 10.079 476.13 685.05 Tm 0 g 0 Tc ( )Tj -44.6947 -2.524 TD ( At December 31, 2002, the Company had 2,380 shareholders of record. )Tj T* ( No dividends were paid in 2002. )Tj /F13 1 Tf 0 -2.5955 TD (Sales of Unregistered Securities)Tj ET 25.65 606.81 m 162.21 606.81 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 582.0901 Tm [( \(a\))-116.6( )-1297.8(During the year 2002, pursuant to the Cleveland-Cliffs Inc Voluntary Non-Qualified Deferred Compensation Plan \()]TJ /F2 1 Tf 50.262 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (VNQDC )Tj -46.6818 -1.1192 TD 0 Tc (Plan)Tj /F2 1 Tf 1.7778 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), the Com)Tj ET q 66.21 579.93 520.56 -11.28 re W* n BT 10.079 0 0 10.079 131.4356 570.8101 Tm (p)Tj ET Q BT 10.079 0 0 10.079 136.4747 570.8101 Tm (an)Tj ET q 66.21 579.93 520.56 -11.28 re W* n BT 10.079 0 0 10.079 145.9884 570.8101 Tm (y)Tj ET Q BT 10.079 0 0 10.079 151.0275 570.8101 Tm ( sold a total of 418 shares of common stock, )Tj ET q 66.21 579.93 520.56 -11.28 re W* n BT 10.079 0 0 10.079 331.5771 570.8101 Tm (p)Tj ET Q BT 10.079 0 0 10.079 336.6162 570.8101 Tm (ar value $1.00 )Tj ET q 66.21 579.93 520.56 -11.28 re W* n BT 10.079 0 0 10.079 396.5105 570.8101 Tm (p)Tj ET Q BT 10.079 0 0 10.079 401.5495 570.8101 Tm (er share, of Cleveland-Cliffs Inc \()Tj /F2 1 Tf 13.4948 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Common )Tj -47.2097 -1.1192 TD (Shares)Tj /F2 1 Tf 2.6658 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), for an aggregate consideration of $10,309.93, to the Trustee of the Trust maintained under the VNQDC Plan, of )Tj -3.1097 -1.1191 TD (which 95 shares were sold in the fourth quarter of 2002 and 323 shares were sold previously during the year and reported on )Tj T* (the Company)Tj /F2 1 Tf 5.3605 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s Quarterly Reports on Form 10-Q for the periods ending March 31, June 30, and September 30, 2002. 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The Stock Bonus Awards were reported previously during the year on the Company)Tj /F2 1 Tf 34.4909 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s )Tj -48.6266 -1.1192 TD (Quarterly Report on Form 10-Q for the period ending March 31, 2002. The Stock Bonus Awards were not required to be )Tj T* (registered under the Securities Act of 1933 because they were for prior services without additional consideration in a )Tj T* (transaction not involvin)Tj ET q 66.21 444.57 520.56 -11.28 re W* n BT 10.079 0 0 10.079 161.9522 435.4501 Tm (g)Tj ET Q BT 10.079 0 0 10.079 166.9912 435.4501 Tm ( a sale for value within the meanin)Tj ET q 66.21 444.57 520.56 -11.28 re W* n BT 10.079 0 0 10.079 306.0996 435.4501 Tm (g)Tj ET Q BT 10.079 0 0 10.079 311.1387 435.4501 Tm ( of Section 2\(3\) of that Act. The Com)Tj ET q 66.21 444.57 520.56 -11.28 re W* n BT 10.079 0 0 10.079 462.5726 435.4501 Tm (p)Tj ET Q BT 10.079 0 0 10.079 467.6116 435.4501 Tm (an)Tj ET q 66.21 444.57 520.56 -11.28 re W* n BT 10.079 0 0 10.079 477.1254 435.4501 Tm (y)Tj ET Q BT /F2 1 Tf 10.079 0 0 10.079 482.1645 435.4501 Tm ()Tj /F12 1 Tf 0.333 0 TD (s closin)Tj ET q 66.21 444.57 520.56 -11.28 re W* n BT 10.079 0 0 10.079 516.037 435.4501 Tm (g)Tj ET Q BT 10.079 0 0 10.079 521.0761 435.4501 Tm ( stock )Tj ET q 66.21 444.57 520.56 -11.28 re W* n BT 10.079 0 0 10.079 547.3901 435.4501 Tm (p)Tj ET Q BT 10.079 0 0 10.079 552.4291 435.4501 Tm (rice of )Tj -48.2406 -1.1192 TD ($17.00 per share on February 8, 2002, the date of payment of the Stock Bonus Awards, was used to determine the value of the )Tj T* (Stock Bonus Awards. After giving effect to required tax withholding, a total of 62 participants under the Plan received 29,085 )Tj T* (Common Shares having an aggregate value of $494,445.)Tj 23.3117 -2.6907 TD (12)Tj ET endstreamendobj34 0 obj<< /Type /Page /Parent 245 0 R /Resources 35 0 R /Contents 36 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj35 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj36 0 obj<< /Length 62997 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -885.6 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F13 1 Tf 10.079 0 0 10.079 25.65 952.41 Tm -0.0001 Tc 0.0001 Tw (ITEM 6. SELECTED FINANCIAL DATA.)Tj 0 -2.6431 TD 0 Tc 0 Tw (Summary of Financial and Other Statistical Data)Tj 0 -1.3335 TD (Cleveland-Cliffs Inc and Consolidated Subsidiaries)Tj /F12 1 Tf 12 0 0 12 25.65 898.89 Tm 0.01 Tc [( )-880( )-880( )-4880( )-14820( )-5940( )-800( )-100( )-800( )-1920( )-20( )-540( )-1640( )-20( )-540( )-1640( )-20( )-560( )-1640( )-20( )]TJ 7.439 0 0 7.439 25.65 888.8101 Tm 1.5889 Tc [( )-6452.5( )-22486.8( )-8162.4( )129( )1419.5( )1419.5( )]TJ /F13 1 Tf 51.2324 0.0323 TD 0 Tc (2002)Tj /F12 1 Tf 3.8715 -0.0323 TD 1.5244 Tw [( 2001)-1452( 2000)-1452( )-32.3(1999)-1452( )290.3(1998)]TJ ET 0.5 g 25.65 885.45 557.52 -0.48 re f BT /F13 1 Tf 10.079 0 0 10.079 25.65 873.2101 Tm 0 g 0 Tw (Financial Data \(In Millions, Except Per Share Amounts\))Tj 0 -1.2382 TD (For The Year)Tj /F12 1 Tf 0 -1.1668 TD (Operating Earnings \(Loss\) From Continuing Operations)Tj 7.439 0 0 7.439 295.65 848.4901 Tm 0.1694 Tc [( )-9581.9( )-1290.5( )-161.3( )-1290.5( )-3097.2( )-32.3( )-871.1( 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ET 0.934 g 513.33 846.81 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 836.4901 Tm 0 g ( )Tj ET 0.934 g 516.45 846.81 9.6 -12.24 re f BT 10.079 0 0 10.079 521.2499 836.4901 Tm 0 g ($)Tj ET 0.934 g 526.29 846.81 22.56 -12.24 re f BT 10.079 0 0 10.079 526.2899 836.4901 Tm 0 g (316.1)Tj ET 0.934 g 549.09 846.81 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 836.4901 Tm 0 g ( )Tj ET 0.934 g 552.45 846.81 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 836.4901 Tm 0 g ( )Tj ET 0.934 g 555.57 846.81 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 836.4901 Tm 0 g ($)Tj ET 0.934 g 560.61 846.81 22.56 -12.24 re f BT 10.079 0 0 10.079 560.61 836.4901 Tm 0 g (465.7)Tj ET 0.934 g 583.41 846.81 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 836.4901 Tm 0 g ( )Tj -55.3386 -1.2382 TD [( )-1107.3( )-1107.3( )-5869.6( - Royalties and Management Fees)-2346.5( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 36.4797 0.0476 TD 1.8454 Tw [( 12.2)]TJ /F12 1 Tf 3.8575 -0.0476 TD 0.0834 Tw [( )23.8( )-1119.1(29.8)-12.2( )23.8( )-1119.1(36.5)-12.2( )23.8( )-1142.9(40.9)-12.2( )23.8( )-666.7(36.4)-12.2( )]TJ -40.3372 -1.1668 TD 0.0596 Tc 0 Tw [( )-26478.7( )-7072.1( )-952.4( )]TJ /F13 1 Tf 36.4797 -0.0238 TD 0 Tc ( )Tj ET 0.5 g 406.05 816.09 25.92 -0.48 re f BT /F12 1 Tf 10.079 0 0 10.079 432.21 812.25 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 448.29 816.09 22.56 -0.48 re f BT 10.079 0 0 10.079 471.09 812.25 Tm 0 g [( )23.8( )]TJ ET 0.5 g 487.17 816.09 22.56 -0.48 re f BT 10.079 0 0 10.079 509.97 812.25 Tm 0 g [( )23.8( )]TJ ET 0.5 g 526.29 816.09 22.56 -0.48 re f BT 10.079 0 0 10.079 549.09 812.25 Tm 0 g [( )23.8( )]TJ ET 0.5 g 560.61 816.09 22.56 -0.48 re f BT 10.079 0 0 10.079 583.4099 812.25 Tm 0 g 0 Tc ( )Tj ET 0.934 g 25.65 809.37 13.44 -12.24 re f BT 10.079 0 0 10.079 25.65 799.05 Tm 0 g ( )Tj ET 0.934 g 39.33 809.37 13.44 -12.24 re f BT 10.079 0 0 10.079 39.33 799.05 Tm 0 g ( )Tj ET 0.934 g 53.01 809.37 61.44 -12.24 re f BT 10.079 0 0 10.079 53.01 799.05 Tm 0 g ( )Tj ET 0.934 g 114.69 809.37 180.72 -12.24 re f BT 10.079 0 0 10.079 114.69 799.05 Tm 0 g ( - Total Operating Revenues)Tj ET 0.934 g 295.65 809.37 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 799.05 Tm 0 g ( )Tj ET 0.934 g 370.05 809.37 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 799.05 Tm 0 g ( )Tj ET 0.934 g 382.77 809.37 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 799.05 Tm 0 g ( )Tj ET 0.934 g 385.89 809.37 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 799.05 Tm 0 g ( )Tj ET 0.934 g 389.01 809.37 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 799.05 Tm 0 g ( )Tj ET 0.934 g 393.33 809.37 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 393.33 799.53 Tm 0 g ( )Tj ET 0.934 g 406.05 809.37 25.92 -12.24 re f BT 10.079 0 0 10.079 409.41 799.53 Tm 0 g (598.6)Tj ET 0.934 g 432.21 809.37 3.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 432.21 799.05 Tm 0 g ( )Tj ET 0.934 g 435.57 809.37 2.88 -12.24 re f BT 10.079 0 0 10.079 435.57 799.05 Tm 0 g ( )Tj ET 0.934 g 438.69 809.37 9.36 -12.24 re f BT 10.079 0 0 10.079 438.69 799.05 Tm 0 g ( )Tj ET 0.934 g 448.29 809.37 22.56 -12.24 re f BT 10.079 0 0 10.079 448.29 799.05 Tm 0 g (349.1)Tj ET 0.934 g 471.09 809.37 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 799.05 Tm 0 g ( )Tj ET 0.934 g 474.45 809.37 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 799.05 Tm 0 g ( )Tj ET 0.934 g 477.57 809.37 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 799.05 Tm 0 g ( )Tj ET 0.934 g 487.17 809.37 22.56 -12.24 re f BT 10.079 0 0 10.079 487.17 799.05 Tm 0 g (415.9)Tj ET 0.934 g 509.97 809.37 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 799.05 Tm 0 g ( )Tj ET 0.934 g 513.33 809.37 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 799.05 Tm 0 g ( )Tj ET 0.934 g 516.45 809.37 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 799.05 Tm 0 g ( )Tj ET 0.934 g 526.29 809.37 22.56 -12.24 re f BT 10.079 0 0 10.079 526.2899 799.05 Tm 0 g (357.0)Tj ET 0.934 g 549.09 809.37 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 799.05 Tm 0 g ( )Tj ET 0.934 g 552.45 809.37 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 799.05 Tm 0 g ( )Tj ET 0.934 g 555.57 809.37 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 799.05 Tm 0 g ( )Tj ET 0.934 g 560.61 809.37 22.56 -12.24 re f BT 10.079 0 0 10.079 560.61 799.05 Tm 0 g (502.1)Tj ET 0.934 g 583.41 809.37 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 799.05 Tm 0 g ( )Tj -55.3386 -1.2382 TD [( )-1107.3(Cost of Goods Sold and Operating Expenses and AS&G Expenses)-6234( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 36.4797 0.0476 TD 1.3454 Tw [( 606.5)]TJ /F12 1 Tf 3.8575 -0.0476 TD 0.0834 Tw [( )23.8( )-619.1(373.9)-12.3( )23.8( )-619.1(384.7)-12.3( )23.8( )-642.9(337.8)-12.3( )23.8( )-166.7(425.0)-12.3( )]TJ -40.3372 -1.1668 TD 0.0596 Tc 0 Tw [( )-26478.7( )-7072.1( )-952.4( )]TJ /F13 1 Tf 36.4797 -0.0238 TD 0 Tc ( )Tj ET 0.5 g 406.05 778.65 25.92 -0.48 re f BT /F12 1 Tf 10.079 0 0 10.079 432.21 774.8101 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 448.29 778.65 22.56 -0.48 re f BT 10.079 0 0 10.079 471.09 774.8101 Tm 0 g [( )23.8( )]TJ ET 0.5 g 487.17 778.65 22.56 -0.48 re f BT 10.079 0 0 10.079 509.97 774.8101 Tm 0 g [( )23.8( )]TJ ET 0.5 g 526.29 778.65 22.56 -0.48 re f BT 10.079 0 0 10.079 549.09 774.8101 Tm 0 g [( )23.8( )]TJ ET 0.5 g 560.61 778.65 22.56 -0.48 re f BT 10.079 0 0 10.079 583.4099 774.8101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 25.65 771.93 13.44 -12.24 re f BT 10.079 0 0 10.079 25.65 761.61 Tm 0 g ( )Tj ET 0.934 g 39.33 771.93 256.08 -12.24 re f BT 10.079 0 0 10.079 39.33 761.61 Tm 0 g (Operating Earnings \(Loss\))Tj ET 0.934 g 295.65 771.93 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 761.61 Tm 0 g ( )Tj ET 0.934 g 370.05 771.93 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 761.61 Tm 0 g ( )Tj ET 0.934 g 382.77 771.93 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 761.61 Tm 0 g ( )Tj ET 0.934 g 385.89 771.93 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 761.61 Tm 0 g ( )Tj ET 0.934 g 389.01 771.93 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 761.61 Tm 0 g ( )Tj ET 0.934 g 393.33 771.93 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 762.09 Tm 0 g ( )Tj ET 0.934 g 406.05 771.93 25.92 -12.24 re f BT 10.079 0 0 10.079 416.13 762.09 Tm 0 g (\(7.9)Tj ET 0.934 g 432.21 771.93 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 762.09 Tm 0 g (\))Tj ET 0.934 g 435.57 771.93 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 761.61 Tm 0 g ( )Tj ET 0.934 g 438.69 771.93 9.36 -12.24 re f BT 10.079 0 0 10.079 445.65 761.61 Tm 0 g ( )Tj ET 0.934 g 448.29 771.93 22.56 -12.24 re f BT 10.079 0 0 10.079 449.97 761.61 Tm 0 g (\(24.8)Tj ET 0.934 g 471.09 771.93 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 761.61 Tm 0 g (\))Tj ET 0.934 g 474.45 771.93 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 761.61 Tm 0 g ( )Tj ET 0.934 g 477.57 771.93 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 761.61 Tm 0 g ( )Tj ET 0.934 g 487.17 771.93 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 761.61 Tm 0 g (31.2)Tj ET 0.934 g 509.97 771.93 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 761.61 Tm 0 g ( )Tj ET 0.934 g 513.33 771.93 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 761.61 Tm 0 g ( )Tj ET 0.934 g 516.45 771.93 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 761.61 Tm 0 g ( )Tj ET 0.934 g 526.29 771.93 22.56 -12.24 re f BT 10.079 0 0 10.079 531.33 761.61 Tm 0 g (19.2)Tj ET 0.934 g 549.09 771.93 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 761.61 Tm 0 g ( )Tj ET 0.934 g 552.45 771.93 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 761.61 Tm 0 g ( )Tj ET 0.934 g 555.57 771.93 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 761.61 Tm 0 g ( )Tj ET 0.934 g 560.61 771.93 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 761.61 Tm 0 g (77.1)Tj ET 0.934 g 583.41 771.93 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 761.61 Tm 0 g ( )Tj -55.3386 -1.2382 TD [(Income \(Loss\) From Continuing Operations)-9179.8( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 37.4798 0.0476 TD 0.512 Tw [( \(66.4)-12.6(\))]TJ /F12 1 Tf 3.1908 -0.0476 TD 0.0596 Tw [( )-690.5( )-119(\(19.5)-12.6(\) )-1142.9(26.7)-12.2( )-23.8( )-1166.7(10.5)-12.2( )-23.8( )-690.5(58.9)-12.2( )]TJ ET 0.934 g 25.65 746.97 269.76 -12.24 re f BT 10.079 0 0 10.079 25.65 736.6501 Tm 0 g 0 Tw (Loss From Discontinued Operation)Tj ET 0.934 g 295.65 746.97 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 736.6501 Tm 0 g ( )Tj ET 0.934 g 370.05 746.97 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 736.6501 Tm 0 g ( )Tj ET 0.934 g 382.77 746.97 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 736.6501 Tm 0 g ( )Tj ET 0.934 g 385.89 746.97 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 736.6501 Tm 0 g ( )Tj ET 0.934 g 389.01 746.97 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 736.6501 Tm 0 g ( )Tj ET 0.934 g 393.33 746.97 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 737.1301 Tm 0 g ( )Tj ET 0.934 g 406.05 746.97 25.92 -12.24 re f BT 10.079 0 0 10.079 406.05 737.1301 Tm 0 g (\(108.5)Tj ET 0.934 g 432.21 746.97 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 737.1301 Tm 0 g (\))Tj ET 0.934 g 435.57 746.97 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 736.6501 Tm 0 g ( )Tj ET 0.934 g 438.69 746.97 9.36 -12.24 re f BT 10.079 0 0 10.079 445.65 736.6501 Tm 0 g ( )Tj ET 0.934 g 448.29 746.97 22.56 -12.24 re f BT 10.079 0 0 10.079 449.97 736.6501 Tm 0 g (\(12.7)Tj ET 0.934 g 471.09 746.97 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 736.6501 Tm 0 g (\))Tj ET 0.934 g 474.45 746.97 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 736.6501 Tm 0 g ( )Tj ET 0.934 g 477.57 746.97 9.36 -12.24 re f BT 10.079 0 0 10.079 484.53 736.6501 Tm 0 g ( )Tj ET 0.934 g 487.17 746.97 22.56 -12.24 re f BT 10.079 0 0 10.079 493.89 736.6501 Tm 0 g (\(8.6)Tj ET 0.934 g 509.97 746.97 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 736.6501 Tm 0 g (\))Tj ET 0.934 g 513.33 746.97 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 736.6501 Tm 0 g ( )Tj ET 0.934 g 516.45 746.97 9.6 -12.24 re f BT 10.079 0 0 10.079 523.65 736.6501 Tm 0 g ( )Tj ET 0.934 g 526.29 746.97 22.56 -12.24 re f BT 10.079 0 0 10.079 533.0099 736.6501 Tm 0 g (\(5.7)Tj ET 0.934 g 549.09 746.97 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 736.6501 Tm 0 g (\))Tj ET 0.934 g 552.45 746.97 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 736.6501 Tm 0 g ( )Tj ET 0.934 g 555.57 746.97 4.8 -12.24 re f BT 10.079 0 0 10.079 557.97 736.6501 Tm 0 g ( )Tj ET 0.934 g 560.61 746.97 22.56 -12.24 re f BT 10.079 0 0 10.079 567.33 736.6501 Tm 0 g (\(1.5)Tj ET 0.934 g 583.41 746.97 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 736.6501 Tm 0 g (\))Tj -55.3386 -1.2382 TD [(Cumulative Effect of Accounting Change Income \(Loss\) \(a\))-2712.4( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 37.4798 0.0476 TD 0.512 Tw [( \(13.4)-12.6(\))]TJ /F12 1 Tf 3.1908 -0.0476 TD 0.0596 Tc 0 Tw [( )-1643(9)59.6(.)59.6(3)47.5( )-23.8( )-642.9( )-1952.5( )-23.8( )-666.7( )-1952.5( )-23.8( )-190.5( )-1952.5( )]TJ -40.6705 -1.1668 TD [( )-26478.7( )-7072.1( )-952.4( )]TJ /F13 1 Tf 36.4797 -0.0238 TD 0 Tc ( )Tj ET 0.5 g 406.05 716.25 25.92 -0.48 re f BT /F12 1 Tf 10.079 0 0 10.079 432.21 712.41 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 448.29 716.25 22.56 -0.48 re f BT 10.079 0 0 10.079 471.09 712.41 Tm 0 g [( )23.8( )]TJ ET 0.5 g 487.17 716.25 22.56 -0.48 re f BT 10.079 0 0 10.079 509.97 712.41 Tm 0 g [( )23.8( )]TJ ET 0.5 g 526.29 716.25 22.56 -0.48 re f BT 10.079 0 0 10.079 549.09 712.41 Tm 0 g [( )23.8( )]TJ ET 0.5 g 560.61 716.25 22.56 -0.48 re f BT 10.079 0 0 10.079 583.4099 712.41 Tm 0 g 0 Tc ( )Tj ET 0.934 g 25.65 709.53 13.44 -12.24 re f BT 10.079 0 0 10.079 25.65 699.2101 Tm 0 g ( )Tj ET 0.934 g 39.33 709.53 256.08 -12.24 re f BT 10.079 0 0 10.079 39.33 699.2101 Tm 0 g (Net Income \(Loss\))Tj ET 0.934 g 295.65 709.53 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 699.2101 Tm 0 g ( )Tj ET 0.934 g 370.05 709.53 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 699.2101 Tm 0 g ( )Tj ET 0.934 g 382.77 709.53 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 699.2101 Tm 0 g ( )Tj ET 0.934 g 385.89 709.53 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 699.2101 Tm 0 g ( )Tj ET 0.934 g 389.01 709.53 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 699.2101 Tm 0 g ( )Tj ET 0.934 g 393.33 709.53 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 699.6901 Tm 0 g ( )Tj ET 0.934 g 406.05 709.53 25.92 -12.24 re f BT 10.079 0 0 10.079 406.05 699.6901 Tm 0 g (\(188.3)Tj ET 0.934 g 432.21 709.53 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 699.6901 Tm 0 g (\))Tj ET 0.934 g 435.57 709.53 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 699.2101 Tm 0 g ( )Tj ET 0.934 g 438.69 709.53 9.36 -12.24 re f BT 10.079 0 0 10.079 445.65 699.2101 Tm 0 g ( )Tj ET 0.934 g 448.29 709.53 22.56 -12.24 re f BT 10.079 0 0 10.079 449.97 699.2101 Tm 0 g (\(22.9)Tj ET 0.934 g 471.09 709.53 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 699.2101 Tm 0 g (\))Tj ET 0.934 g 474.45 709.53 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 699.2101 Tm 0 g ( )Tj ET 0.934 g 477.57 709.53 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 699.2101 Tm 0 g ( )Tj ET 0.934 g 487.17 709.53 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 699.2101 Tm 0 g (18.1)Tj ET 0.934 g 509.97 709.53 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 699.2101 Tm 0 g ( )Tj ET 0.934 g 513.33 709.53 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 699.2101 Tm 0 g ( )Tj ET 0.934 g 516.45 709.53 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 699.2101 Tm 0 g ( )Tj ET 0.934 g 526.29 709.53 22.56 -12.24 re f BT 10.079 0 0 10.079 536.3699 699.2101 Tm 0 g (4.8)Tj ET 0.934 g 549.09 709.53 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 699.2101 Tm 0 g ( )Tj ET 0.934 g 552.45 709.53 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 699.2101 Tm 0 g ( )Tj ET 0.934 g 555.57 709.53 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 699.2101 Tm 0 g ( )Tj ET 0.934 g 560.61 709.53 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 699.2101 Tm 0 g (57.4)Tj ET 0.934 g 583.41 709.53 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 699.2101 Tm 0 g ( )Tj -55.3386 -1.2382 TD (Net Income \(Loss\) Per Common Share )Tj /F2 1 Tf 15.8296 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( Basic)Tj 7.439 0 0 7.439 295.65 686.2501 Tm 0.1694 Tc [( )-9581.9( )-1290.5( )]TJ /F13 1 Tf 10.079 0 0 10.079 393.33 687.2101 Tm 0 Tc ( )Tj 7.439 0 0 7.439 406.05 686.4901 Tm 3.2666 Tc ( )Tj /F12 1 Tf 3.9683 -0.0323 TD 0.1694 Tc [( )-871.1( )-2645.5( )-32.3( )-871.1( )-2645.5( )-32.3( )-903.3( )-2645.5( )-32.3( )-258.1( )-2645.5( )]TJ ET 0.934 g 25.65 684.57 13.44 -12.24 re f BT 10.079 0 0 10.079 25.65 674.2501 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.33 684.57 256.08 -12.24 re f BT 10.079 0 0 10.079 39.33 674.2501 Tm 0 g (From Continuing Operations)Tj ET 0.934 g 295.65 684.57 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 674.2501 Tm 0 g ( )Tj ET 0.934 g 370.05 684.57 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 674.2501 Tm 0 g ( )Tj ET 0.934 g 382.77 684.57 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 674.2501 Tm 0 g ( )Tj ET 0.934 g 385.89 684.57 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 674.2501 Tm 0 g ( )Tj ET 0.934 g 389.01 684.57 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 674.2501 Tm 0 g ( )Tj ET 0.934 g 393.33 684.57 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 674.73 Tm 0 g ( )Tj ET 0.934 g 406.05 684.57 25.92 -12.24 re f BT 10.079 0 0 10.079 411.09 674.73 Tm 0 g (\(6.58)Tj ET 0.934 g 432.21 684.57 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 674.73 Tm 0 g (\))Tj ET 0.934 g 435.57 684.57 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 674.2501 Tm 0 g ( )Tj ET 0.934 g 438.69 684.57 9.36 -12.24 re f BT 10.079 0 0 10.079 445.65 674.2501 Tm 0 g ( )Tj ET 0.934 g 448.29 684.57 22.56 -12.24 re f BT 10.079 0 0 10.079 449.97 674.2501 Tm 0 g (\(1.93)Tj ET 0.934 g 471.09 684.57 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 674.2501 Tm 0 g (\))Tj ET 0.934 g 474.45 684.57 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 674.2501 Tm 0 g ( )Tj ET 0.934 g 477.57 684.57 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 674.2501 Tm 0 g ( )Tj ET 0.934 g 487.17 684.57 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 674.2501 Tm 0 g (2.57)Tj ET 0.934 g 509.97 684.57 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 674.2501 Tm 0 g ( )Tj ET 0.934 g 513.33 684.57 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 674.2501 Tm 0 g ( )Tj ET 0.934 g 516.45 684.57 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 674.2501 Tm 0 g ( )Tj ET 0.934 g 526.29 684.57 22.56 -12.24 re f BT 10.079 0 0 10.079 531.33 674.2501 Tm 0 g (0.95)Tj ET 0.934 g 549.09 684.57 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 674.2501 Tm 0 g ( )Tj ET 0.934 g 552.45 684.57 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 674.2501 Tm 0 g ( )Tj ET 0.934 g 555.57 684.57 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 674.2501 Tm 0 g ( )Tj ET 0.934 g 560.61 684.57 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 674.2501 Tm 0 g (5.23)Tj ET 0.934 g 583.41 684.57 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 674.2501 Tm 0 g ( )Tj -55.3386 -1.2382 TD [( )-1107.3(From Discontinued Operation)-13433( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 37.4798 0.0476 TD 0.0119 Tw [( \(10.72)-12.7(\))]TJ /F12 1 Tf 3.1908 -0.0476 TD 0.0001 Tc 0.1785 Tw [( )-571.5( \(1.26)-12.5(\) )-571.5( \(0.83)-12.5(\) )-595.3( \(0.52)-12.5(\) )-119.1( \(0.13)-12.5(\))]TJ ET 0.934 g 25.65 659.61 13.44 -12.24 re f BT 10.079 0 0 10.079 25.65 649.29 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 39.33 659.61 256.08 -12.24 re f BT 10.079 0 0 10.079 39.33 649.29 Tm 0 g (Cumulative Effect of Accounting Change)Tj ET 0.934 g 295.65 659.61 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 649.29 Tm 0 g ( )Tj ET 0.934 g 370.05 659.61 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 649.29 Tm 0 g ( )Tj ET 0.934 g 382.77 659.61 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 649.29 Tm 0 g ( )Tj ET 0.934 g 385.89 659.61 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 649.29 Tm 0 g ( )Tj ET 0.934 g 389.01 659.61 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 649.29 Tm 0 g ( )Tj ET 0.934 g 393.33 659.61 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 649.7701 Tm 0 g ( )Tj ET 0.934 g 406.05 659.61 25.92 -12.24 re f BT 10.079 0 0 10.079 411.09 649.7701 Tm 0 g (\(1.32)Tj ET 0.934 g 432.21 659.61 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 649.7701 Tm 0 g (\))Tj ET 0.934 g 435.57 659.61 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 649.29 Tm 0 g ( )Tj ET 0.934 g 438.69 659.61 9.36 -12.24 re f BT 10.079 0 0 10.079 438.69 649.29 Tm 0 g ( )Tj ET 0.934 g 448.29 659.61 22.56 -12.24 re f BT 10.079 0 0 10.079 453.33 649.29 Tm 0 g (0.92)Tj ET 0.934 g 471.09 659.61 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 649.29 Tm 0 g ( )Tj ET 0.934 g 474.45 659.61 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 649.29 Tm 0 g ( )Tj ET 0.934 g 477.57 659.61 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 649.29 Tm 0 g ( )Tj ET 0.934 g 487.17 659.61 22.56 -12.24 re f BT 10.079 0 0 10.079 487.17 649.29 Tm 0 g ( )Tj ET 0.934 g 509.97 659.61 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 649.29 Tm 0 g ( )Tj ET 0.934 g 513.33 659.61 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 649.29 Tm 0 g ( )Tj ET 0.934 g 516.45 659.61 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 649.29 Tm 0 g ( )Tj ET 0.934 g 526.29 659.61 22.56 -12.24 re f BT 10.079 0 0 10.079 526.2899 649.29 Tm 0 g ( )Tj ET 0.934 g 549.09 659.61 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 649.29 Tm 0 g ( )Tj ET 0.934 g 552.45 659.61 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 649.29 Tm 0 g ( )Tj ET 0.934 g 555.57 659.61 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 649.29 Tm 0 g ( )Tj ET 0.934 g 560.61 659.61 22.56 -12.24 re f BT 10.079 0 0 10.079 560.61 649.29 Tm 0 g ( )Tj ET 0.934 g 583.41 659.61 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 649.29 Tm 0 g ( )Tj -55.3386 -1.1668 TD 0.0596 Tc [( )-26478.7( )-7072.1( )-952.4( )]TJ /F13 1 Tf 36.4797 -0.0238 TD 0 Tc ( )Tj ET 0.5 g 406.05 641.37 25.92 -0.48 re f BT 10.079 0 0 10.079 432.21 637.29 Tm 0 g ( )Tj /F12 1 Tf 0.3334 0.0238 TD 0.0596 Tc ( )Tj ET 0.5 g 448.29 641.37 22.56 -0.48 re f BT 10.079 0 0 10.079 471.09 637.53 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 487.17 641.37 22.56 -0.48 re f BT 10.079 0 0 10.079 509.97 637.53 Tm 0 g [( )23.8( )]TJ ET 0.5 g 526.29 641.37 22.56 -0.48 re f BT 10.079 0 0 10.079 549.09 637.53 Tm 0 g [( )23.8( )]TJ ET 0.5 g 560.61 641.37 22.56 -0.48 re f BT 10.079 0 0 10.079 583.4099 637.53 Tm 0 g 0 Tc ( )Tj -55.3386 -1.3096 TD [( )-1107.3( )-1107.3(Net Income \(Loss\) \(b\))-15160.5( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 37.4798 0.0476 TD 0.0119 Tw [( \(18.62)-12.7(\))]TJ /F12 1 Tf 3.1908 -0.0476 TD 0.0596 Tw [( )-690.5( )-119(\(2.27)-12.6(\) )-1142.9(1.74)-12.2( )-23.8( )-1166.7(0.43)-12.2( )-23.8( )-690.5(5.10)-12.2( )]TJ ET 0.934 g 25.65 622.17 269.76 -12.24 re f BT 10.079 0 0 10.079 25.65 611.85 Tm 0 g 0 Tw (Net Income \(Loss\) Per Common Share )Tj /F2 1 Tf 15.8296 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( Diluted)Tj ET 0.934 g 295.65 622.17 74.16 -12.24 re f BT 7.439 0 0 7.439 295.65 611.3701 Tm 0 g ( )Tj ET 0.934 g 370.05 622.17 12.48 -12.24 re f BT 7.439 0 0 7.439 370.05 611.3701 Tm 0 g ( )Tj ET 0.934 g 382.77 622.17 2.88 -12.24 re f BT 7.439 0 0 7.439 382.77 611.3701 Tm 0 g ( )Tj ET 0.934 g 385.89 622.17 2.88 -12.24 re f BT 7.439 0 0 7.439 385.89 611.3701 Tm 0 g ( )Tj ET 0.934 g 389.01 622.17 4.08 -12.24 re f BT 7.439 0 0 7.439 389.01 611.3701 Tm 0 g ( )Tj ET 0.934 g 393.33 622.17 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 393.33 612.3301 Tm 0 g ( )Tj ET 0.934 g 406.05 622.17 25.92 -12.24 re f BT 7.439 0 0 7.439 406.05 611.61 Tm 0 g ( )Tj ET 0.934 g 432.21 622.17 3.12 -12.24 re f BT 7.439 0 0 7.439 432.21 611.61 Tm 0 g ( )Tj ET 0.934 g 435.57 622.17 2.88 -12.24 re f BT /F12 1 Tf 7.439 0 0 7.439 435.57 611.3701 Tm 0 g ( )Tj ET 0.934 g 438.69 622.17 9.36 -12.24 re f BT 7.439 0 0 7.439 438.69 611.3701 Tm 0 g ( )Tj ET 0.934 g 448.29 622.17 22.56 -12.24 re f BT 7.439 0 0 7.439 448.29 611.3701 Tm 0 g ( )Tj ET 0.934 g 471.09 622.17 3.12 -12.24 re f BT 7.439 0 0 7.439 471.09 611.3701 Tm 0 g ( )Tj ET 0.934 g 474.45 622.17 2.88 -12.24 re f BT 7.439 0 0 7.439 474.45 611.3701 Tm 0 g ( )Tj ET 0.934 g 477.57 622.17 9.36 -12.24 re f BT 7.439 0 0 7.439 477.57 611.3701 Tm 0 g ( )Tj ET 0.934 g 487.17 622.17 22.56 -12.24 re f BT 7.439 0 0 7.439 487.17 611.3701 Tm 0 g ( )Tj ET 0.934 g 509.97 622.17 3.12 -12.24 re f BT 7.439 0 0 7.439 509.97 611.3701 Tm 0 g ( )Tj ET 0.934 g 513.33 622.17 2.88 -12.24 re f BT 7.439 0 0 7.439 513.33 611.3701 Tm 0 g ( )Tj ET 0.934 g 516.45 622.17 9.6 -12.24 re f BT 7.439 0 0 7.439 516.45 611.3701 Tm 0 g ( )Tj ET 0.934 g 526.29 622.17 22.56 -12.24 re f BT 7.439 0 0 7.439 526.2899 611.3701 Tm 0 g ( )Tj ET 0.934 g 549.09 622.17 3.12 -12.24 re f BT 7.439 0 0 7.439 549.09 611.3701 Tm 0 g ( )Tj ET 0.934 g 552.45 622.17 2.88 -12.24 re f BT 7.439 0 0 7.439 552.45 611.3701 Tm 0 g ( )Tj ET 0.934 g 555.57 622.17 4.8 -12.24 re f BT 7.439 0 0 7.439 555.5699 611.3701 Tm 0 g ( )Tj ET 0.934 g 560.61 622.17 22.56 -12.24 re f BT 7.439 0 0 7.439 560.61 611.3701 Tm 0 g ( )Tj ET 0.934 g 583.41 622.17 3.12 -12.24 re f BT 7.439 0 0 7.439 583.4099 611.3701 Tm 0 g ( )Tj 10.079 0 0 10.079 25.65 599.3701 Tm [( )-1107.3(From Continuing Operations)-13876( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 37.4798 0.0476 TD 0.512 Tw [( \(6.58)-12.6(\))]TJ /F12 1 Tf 3.1908 -0.0476 TD 0.0596 Tw [( )-690.5( )-119(\(1.93)-12.6(\) )-1142.9(2.55)-12.2( )-23.8( )-1166.7(0.95)-12.2( )-23.8( )-690.5(5.19)-12.2( )]TJ ET 0.934 g 25.65 597.21 13.44 -12.24 re f BT 10.079 0 0 10.079 25.65 586.8901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 39.33 597.21 256.08 -12.24 re f BT 10.079 0 0 10.079 39.33 586.8901 Tm 0 g (From Discontinued Operation)Tj ET 0.934 g 295.65 597.21 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 586.8901 Tm 0 g ( )Tj ET 0.934 g 370.05 597.21 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 586.8901 Tm 0 g ( )Tj ET 0.934 g 382.77 597.21 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 586.8901 Tm 0 g ( )Tj ET 0.934 g 385.89 597.21 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 586.8901 Tm 0 g ( )Tj ET 0.934 g 389.01 597.21 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 586.8901 Tm 0 g ( )Tj ET 0.934 g 393.33 597.21 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 587.3701 Tm 0 g ( )Tj ET 0.934 g 406.05 597.21 25.92 -12.24 re f BT 10.079 0 0 10.079 406.05 587.3701 Tm 0 g (\(10.72)Tj ET 0.934 g 432.21 597.21 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 587.3701 Tm 0 g (\))Tj ET 0.934 g 435.57 597.21 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 586.8901 Tm 0 g ( )Tj ET 0.934 g 438.69 597.21 9.36 -12.24 re f BT 10.079 0 0 10.079 445.65 586.8901 Tm 0 g ( )Tj ET 0.934 g 448.29 597.21 22.56 -12.24 re f BT 10.079 0 0 10.079 449.97 586.8901 Tm 0 g (\(1.26)Tj ET 0.934 g 471.09 597.21 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 586.8901 Tm 0 g (\))Tj ET 0.934 g 474.45 597.21 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 586.8901 Tm 0 g ( )Tj ET 0.934 g 477.57 597.21 9.36 -12.24 re f BT 10.079 0 0 10.079 484.53 586.8901 Tm 0 g ( )Tj ET 0.934 g 487.17 597.21 22.56 -12.24 re f BT 10.079 0 0 10.079 488.85 586.8901 Tm 0 g (\(0.82)Tj ET 0.934 g 509.97 597.21 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 586.8901 Tm 0 g (\))Tj ET 0.934 g 513.33 597.21 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 586.8901 Tm 0 g ( )Tj ET 0.934 g 516.45 597.21 9.6 -12.24 re f BT 10.079 0 0 10.079 523.65 586.8901 Tm 0 g ( )Tj ET 0.934 g 526.29 597.21 22.56 -12.24 re f BT 10.079 0 0 10.079 527.97 586.8901 Tm 0 g (\(0.52)Tj ET 0.934 g 549.09 597.21 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 586.8901 Tm 0 g (\))Tj ET 0.934 g 552.45 597.21 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 586.8901 Tm 0 g ( )Tj ET 0.934 g 555.57 597.21 4.8 -12.24 re f BT 10.079 0 0 10.079 557.97 586.8901 Tm 0 g ( )Tj ET 0.934 g 560.61 597.21 22.56 -12.24 re f BT 10.079 0 0 10.079 562.2899 586.8901 Tm 0 g (\(0.13)Tj ET 0.934 g 583.41 597.21 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 586.8901 Tm 0 g (\))Tj -55.3386 -1.2382 TD [( )-1107.3(Cumulative Effect of Accounting Change)-8768.5( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 37.4798 0.0476 TD 0.512 Tw [( \(1.32)-12.6(\))]TJ /F12 1 Tf 3.1908 -0.0476 TD 0.0596 Tw [( )-1142.9(0.92)-12.2( )-23.8( )-642.9( )-1952.5( )-23.8( )-666.7( )-1952.5( )-23.8( )-190.5( )-1952.5( )]TJ -40.6705 -1.1668 TD 0.0596 Tc 0 Tw [( )-26478.7( )-7072.1( )-952.4( )]TJ /F13 1 Tf 36.4797 -0.0238 TD 0 Tc ( )Tj ET 0.5 g 406.05 566.49 25.92 -0.48 re f BT 10.079 0 0 10.079 432.21 562.41 Tm 0 g ( )Tj /F12 1 Tf 0.3334 0.0238 TD 0.0596 Tc ( )Tj ET 0.5 g 448.29 566.49 22.56 -0.48 re f BT 10.079 0 0 10.079 471.09 562.6501 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 487.17 566.49 22.56 -0.48 re f BT 10.079 0 0 10.079 509.97 562.6501 Tm 0 g [( )23.8( )]TJ ET 0.5 g 526.29 566.49 22.56 -0.48 re f BT 10.079 0 0 10.079 549.09 562.6501 Tm 0 g [( )23.8( )]TJ ET 0.5 g 560.61 566.49 22.56 -0.48 re f BT 10.079 0 0 10.079 583.4099 562.6501 Tm 0 g 0 Tc ( )Tj ET 0.934 g 25.65 559.77 13.44 -12.24 re f BT 10.079 0 0 10.079 25.65 549.4501 Tm 0 g ( )Tj ET 0.934 g 39.33 559.77 13.44 -12.24 re f BT 10.079 0 0 10.079 39.33 549.4501 Tm 0 g ( )Tj ET 0.934 g 53.01 559.77 242.4 -12.24 re f BT 10.079 0 0 10.079 53.01 549.4501 Tm 0 g (Net Income \(Loss\) \(b\))Tj ET 0.934 g 295.65 559.77 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 549.4501 Tm 0 g ( )Tj ET 0.934 g 370.05 559.77 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 549.4501 Tm 0 g ( )Tj ET 0.934 g 382.77 559.77 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 549.4501 Tm 0 g ( )Tj ET 0.934 g 385.89 559.77 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 549.4501 Tm 0 g ( )Tj ET 0.934 g 389.01 559.77 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 549.4501 Tm 0 g ( )Tj ET 0.934 g 393.33 559.77 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 549.9301 Tm 0 g ( )Tj ET 0.934 g 406.05 559.77 25.92 -12.24 re f BT 10.079 0 0 10.079 406.05 549.9301 Tm 0 g (\(18.62)Tj ET 0.934 g 432.21 559.77 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 549.9301 Tm 0 g (\))Tj ET 0.934 g 435.57 559.77 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 549.4501 Tm 0 g ( )Tj ET 0.934 g 438.69 559.77 9.36 -12.24 re f BT 10.079 0 0 10.079 445.65 549.4501 Tm 0 g ( )Tj ET 0.934 g 448.29 559.77 22.56 -12.24 re f BT 10.079 0 0 10.079 449.97 549.4501 Tm 0 g (\(2.27)Tj ET 0.934 g 471.09 559.77 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 549.4501 Tm 0 g (\))Tj ET 0.934 g 474.45 559.77 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 549.4501 Tm 0 g ( )Tj ET 0.934 g 477.57 559.77 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 549.4501 Tm 0 g ( )Tj ET 0.934 g 487.17 559.77 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 549.4501 Tm 0 g (1.73)Tj ET 0.934 g 509.97 559.77 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 549.4501 Tm 0 g ( )Tj ET 0.934 g 513.33 559.77 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 549.4501 Tm 0 g ( )Tj ET 0.934 g 516.45 559.77 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 549.4501 Tm 0 g ( )Tj ET 0.934 g 526.29 559.77 22.56 -12.24 re f BT 10.079 0 0 10.079 531.33 549.4501 Tm 0 g (0.43)Tj ET 0.934 g 549.09 559.77 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 549.4501 Tm 0 g ( )Tj ET 0.934 g 552.45 559.77 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 549.4501 Tm 0 g ( )Tj ET 0.934 g 555.57 559.77 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 549.4501 Tm 0 g ( )Tj ET 0.934 g 560.61 559.77 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 549.4501 Tm 0 g (5.06)Tj ET 0.934 g 583.41 559.77 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 549.4501 Tm 0 g ( )Tj -55.3386 -1.2382 TD 0.0596 Tw [(Total )59.6(Assets)-21816.7( )-7072.1( )-952.4( )]TJ /F13 1 Tf 36.4797 0.0476 TD 1.3454 Tw [( 730.1)-12.3( )]TJ /F12 1 Tf 4.1909 -0.0476 TD 0.0596 Tw [( )-642.9(825.0)-12.3( )-23.8( )-642.9(727.8)-12.3( )-23.8( )-666.7(679.7)-12.3( )-23.8( )-190.5(723.8)-12.3( )]TJ ET 0.934 g 25.65 534.81 269.76 -12.24 re f BT 10.079 0 0 10.079 25.65 524.4901 Tm 0 g 0 Tw (Debt Obligations Effectively Serviced \(c\))Tj ET 0.934 g 295.65 534.81 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 524.4901 Tm 0 g ( )Tj ET 0.934 g 370.05 534.81 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 524.4901 Tm 0 g ( )Tj ET 0.934 g 382.77 534.81 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 524.4901 Tm 0 g ( )Tj ET 0.934 g 385.89 534.81 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 524.4901 Tm 0 g ( )Tj ET 0.934 g 389.01 534.81 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 524.4901 Tm 0 g ( )Tj ET 0.934 g 393.33 534.81 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 393.33 524.97 Tm 0 g ( )Tj ET 0.934 g 406.05 534.81 25.92 -12.24 re f BT 10.079 0 0 10.079 414.45 524.97 Tm 0 g (67.4)Tj ET 0.934 g 432.21 534.81 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 524.97 Tm 0 g ( )Tj ET 0.934 g 435.57 534.81 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 524.4901 Tm 0 g ( )Tj ET 0.934 g 438.69 534.81 9.36 -12.24 re f BT 10.079 0 0 10.079 438.69 524.4901 Tm 0 g ( )Tj ET 0.934 g 448.29 534.81 22.56 -12.24 re f BT 10.079 0 0 10.079 448.29 524.4901 Tm 0 g (173.9)Tj ET 0.934 g 471.09 534.81 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 524.4901 Tm 0 g ( )Tj ET 0.934 g 474.45 534.81 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 524.4901 Tm 0 g ( )Tj ET 0.934 g 477.57 534.81 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 524.4901 Tm 0 g ( )Tj ET 0.934 g 487.17 534.81 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 524.4901 Tm 0 g (74.0)Tj ET 0.934 g 509.97 534.81 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 524.4901 Tm 0 g ( )Tj ET 0.934 g 513.33 534.81 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 524.4901 Tm 0 g ( )Tj ET 0.934 g 516.45 534.81 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 524.4901 Tm 0 g ( )Tj ET 0.934 g 526.29 534.81 22.56 -12.24 re f BT 10.079 0 0 10.079 531.33 524.4901 Tm 0 g (74.7)Tj ET 0.934 g 549.09 534.81 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 524.4901 Tm 0 g ( )Tj ET 0.934 g 552.45 534.81 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 524.4901 Tm 0 g ( )Tj ET 0.934 g 555.57 534.81 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 524.4901 Tm 0 g ( )Tj ET 0.934 g 560.61 534.81 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 524.4901 Tm 0 g (75.4)Tj ET 0.934 g 583.41 534.81 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 524.4901 Tm 0 g ( )Tj -55.3386 -1.2382 TD [(Net Cash From \(Used By\) Continuing Operating Activities)-3152.4( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 36.4797 0.0476 TD 1.8454 Tw [( 40.9)-12.2( )]TJ /F12 1 Tf 4.1909 -0.0476 TD 0.0596 Tw [( )-1142.9(28.9)-12.2( )-23.8( )-1142.9(31.6)-12.2( )-23.8( )-714.3( )-619.1(\(4.8)-12.5(\) )-690.5(89.8)-12.2( )]TJ ET 0.934 g 25.65 509.85 269.76 -12.24 re f BT 10.079 0 0 10.079 25.65 499.5301 Tm 0 g 0 Tw (Distributions to Common Shareholders)Tj ET 0.934 g 295.65 509.85 74.16 -12.24 re f BT 7.439 0 0 7.439 295.65 499.0501 Tm 0 g ( )Tj ET 0.934 g 370.05 509.85 12.48 -12.24 re f BT 7.439 0 0 7.439 370.05 499.0501 Tm 0 g ( )Tj ET 0.934 g 382.77 509.85 2.88 -12.24 re f BT 7.439 0 0 7.439 382.77 499.0501 Tm 0 g ( )Tj ET 0.934 g 385.89 509.85 2.88 -12.24 re f BT 7.439 0 0 7.439 385.89 499.0501 Tm 0 g ( )Tj ET 0.934 g 389.01 509.85 4.08 -12.24 re f BT 7.439 0 0 7.439 389.01 499.0501 Tm 0 g ( )Tj ET 0.934 g 393.33 509.85 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 393.33 500.0101 Tm 0 g ( )Tj ET 0.934 g 406.05 509.85 25.92 -12.24 re f BT 7.439 0 0 7.439 406.05 499.2901 Tm 0 g ( )Tj ET 0.934 g 432.21 509.85 3.12 -12.24 re f BT 7.439 0 0 7.439 432.21 499.2901 Tm 0 g ( )Tj ET 0.934 g 435.57 509.85 2.88 -12.24 re f BT /F12 1 Tf 7.439 0 0 7.439 435.57 499.0501 Tm 0 g ( )Tj ET 0.934 g 438.69 509.85 9.36 -12.24 re f BT 7.439 0 0 7.439 438.69 499.0501 Tm 0 g ( )Tj ET 0.934 g 448.29 509.85 22.56 -12.24 re f BT 7.439 0 0 7.439 448.29 499.0501 Tm 0 g ( )Tj ET 0.934 g 471.09 509.85 3.12 -12.24 re f BT 7.439 0 0 7.439 471.09 499.0501 Tm 0 g ( )Tj ET 0.934 g 474.45 509.85 2.88 -12.24 re f BT 7.439 0 0 7.439 474.45 499.0501 Tm 0 g ( )Tj ET 0.934 g 477.57 509.85 9.36 -12.24 re f BT 7.439 0 0 7.439 477.57 499.0501 Tm 0 g ( )Tj ET 0.934 g 487.17 509.85 22.56 -12.24 re f BT 7.439 0 0 7.439 487.17 499.0501 Tm 0 g ( )Tj ET 0.934 g 509.97 509.85 3.12 -12.24 re f BT 7.439 0 0 7.439 509.97 499.0501 Tm 0 g ( )Tj ET 0.934 g 513.33 509.85 2.88 -12.24 re f BT 7.439 0 0 7.439 513.33 499.0501 Tm 0 g ( )Tj ET 0.934 g 516.45 509.85 9.6 -12.24 re f BT 7.439 0 0 7.439 516.45 499.0501 Tm 0 g ( )Tj ET 0.934 g 526.29 509.85 22.56 -12.24 re f BT 7.439 0 0 7.439 526.2899 499.0501 Tm 0 g ( )Tj ET 0.934 g 549.09 509.85 3.12 -12.24 re f BT 7.439 0 0 7.439 549.09 499.0501 Tm 0 g ( )Tj ET 0.934 g 552.45 509.85 2.88 -12.24 re f BT 7.439 0 0 7.439 552.45 499.0501 Tm 0 g ( )Tj ET 0.934 g 555.57 509.85 4.8 -12.24 re f BT 7.439 0 0 7.439 555.5699 499.0501 Tm 0 g ( )Tj ET 0.934 g 560.61 509.85 22.56 -12.24 re f BT 7.439 0 0 7.439 560.61 499.0501 Tm 0 g ( )Tj ET 0.934 g 583.41 509.85 3.12 -12.24 re f BT 7.439 0 0 7.439 583.4099 499.0501 Tm 0 g ( )Tj 10.079 0 0 10.079 25.65 487.0501 Tm [( )-1107.3(Cash Dividends)-1116.4(- Per Share)-13511.5( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 36.4797 0.0476 TD 1.012 Tc [( )-1333.5( )]TJ /F12 1 Tf 4.1909 -0.0476 TD 0 Tc 0.0596 Tw [( )-1142.9(0.40)-12.2( )-23.8( )-1142.9(1.50)-12.2( )-23.8( )-1166.7(1.50)-12.2( )-23.8( )-690.5(1.45)-12.2( )]TJ ET 0.934 g 25.65 484.89 13.44 -12.24 re f BT 10.079 0 0 10.079 25.65 474.5701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 39.33 484.89 13.44 -12.24 re f BT 10.079 0 0 10.079 39.33 474.5701 Tm 0 g ( )Tj ET 0.934 g 53.01 484.89 61.44 -12.24 re f BT 10.079 0 0 10.079 53.01 474.5701 Tm 0 g ( )Tj ET 0.934 g 114.69 484.89 180.72 -12.24 re f BT 10.079 0 0 10.079 114.69 474.5701 Tm 0 g (- Total)Tj ET 0.934 g 295.65 484.89 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 474.5701 Tm 0 g ( )Tj ET 0.934 g 370.05 484.89 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 474.5701 Tm 0 g ( )Tj ET 0.934 g 382.77 484.89 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 474.5701 Tm 0 g ( )Tj ET 0.934 g 385.89 484.89 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 474.5701 Tm 0 g ( )Tj ET 0.934 g 389.01 484.89 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 474.5701 Tm 0 g ( )Tj ET 0.934 g 393.33 484.89 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 393.33 475.0501 Tm 0 g ( )Tj ET 0.934 g 406.05 484.89 25.92 -12.24 re f BT 10.079 0 0 10.079 406.05 475.0501 Tm 0 g ( )Tj ET 0.934 g 432.21 484.89 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 475.0501 Tm 0 g ( )Tj ET 0.934 g 435.57 484.89 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 474.5701 Tm 0 g ( )Tj ET 0.934 g 438.69 484.89 9.36 -12.24 re f BT 10.079 0 0 10.079 438.69 474.5701 Tm 0 g ( )Tj ET 0.934 g 448.29 484.89 22.56 -12.24 re f BT 10.079 0 0 10.079 458.37 474.5701 Tm 0 g (4.1)Tj ET 0.934 g 471.09 484.89 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 474.5701 Tm 0 g ( )Tj ET 0.934 g 474.45 484.89 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 474.5701 Tm 0 g ( )Tj ET 0.934 g 477.57 484.89 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 474.5701 Tm 0 g ( )Tj ET 0.934 g 487.17 484.89 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 474.5701 Tm 0 g (15.7)Tj ET 0.934 g 509.97 484.89 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 474.5701 Tm 0 g ( )Tj ET 0.934 g 513.33 484.89 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 474.5701 Tm 0 g ( )Tj ET 0.934 g 516.45 484.89 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 474.5701 Tm 0 g ( )Tj ET 0.934 g 526.29 484.89 22.56 -12.24 re f BT 10.079 0 0 10.079 531.33 474.5701 Tm 0 g (16.7)Tj ET 0.934 g 549.09 484.89 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 474.5701 Tm 0 g ( )Tj ET 0.934 g 552.45 484.89 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 474.5701 Tm 0 g ( )Tj ET 0.934 g 555.57 484.89 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 474.5701 Tm 0 g ( )Tj ET 0.934 g 560.61 484.89 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 474.5701 Tm 0 g (16.3)Tj ET 0.934 g 583.41 484.89 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 474.5701 Tm 0 g ( )Tj -55.3386 -1.2382 TD [(Repurchases of Common Shares)-13763.4( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 36.4797 0.0476 TD 1.012 Tc [( )-1333.5( )]TJ /F12 1 Tf 4.1909 -0.0476 TD 0 Tc 0.0596 Tw [( )-642.9( )-1952.5( )-23.8( )-1142.9(15.6)-12.2( )-23.8( )-1166.7(17.2)-12.2( )-23.8( )-690.5(11.5)-12.2( )]TJ ET 0.934 g 25.65 459.93 344.16 -12.24 re f BT 10.079 0 0 10.079 25.65 449.6101 Tm 0 g 0 Tw (Pro Forma Results Assuming Accounting Change Made Retroactively)Tj ET 0.934 g 370.05 459.93 12.48 -12.24 re f BT 7.439 0 0 7.439 370.05 449.1301 Tm 0 g ( )Tj ET 0.934 g 382.77 459.93 2.88 -12.24 re f BT 7.439 0 0 7.439 382.77 449.1301 Tm 0 g ( )Tj ET 0.934 g 385.89 459.93 2.88 -12.24 re f BT 7.439 0 0 7.439 385.89 449.1301 Tm 0 g ( )Tj ET 0.934 g 389.01 459.93 4.08 -12.24 re f BT 7.439 0 0 7.439 389.01 449.1301 Tm 0 g ( )Tj ET 0.934 g 393.33 459.93 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 393.33 450.0901 Tm 0 g ( )Tj ET 0.934 g 406.05 459.93 25.92 -12.24 re f BT 7.439 0 0 7.439 406.05 449.3701 Tm 0 g ( )Tj ET 0.934 g 432.21 459.93 3.12 -12.24 re f BT 7.439 0 0 7.439 432.21 449.3701 Tm 0 g ( )Tj ET 0.934 g 435.57 459.93 2.88 -12.24 re f BT /F12 1 Tf 7.439 0 0 7.439 435.57 449.1301 Tm 0 g ( )Tj ET 0.934 g 438.69 459.93 9.36 -12.24 re f BT 7.439 0 0 7.439 438.69 449.1301 Tm 0 g ( )Tj ET 0.934 g 448.29 459.93 22.56 -12.24 re f BT 7.439 0 0 7.439 448.29 449.1301 Tm 0 g ( )Tj ET 0.934 g 471.09 459.93 3.12 -12.24 re f BT 7.439 0 0 7.439 471.09 449.1301 Tm 0 g ( )Tj ET 0.934 g 474.45 459.93 2.88 -12.24 re f BT 7.439 0 0 7.439 474.45 449.1301 Tm 0 g ( )Tj ET 0.934 g 477.57 459.93 9.36 -12.24 re f BT 7.439 0 0 7.439 477.57 449.1301 Tm 0 g ( )Tj ET 0.934 g 487.17 459.93 22.56 -12.24 re f BT 7.439 0 0 7.439 487.17 449.1301 Tm 0 g ( )Tj ET 0.934 g 509.97 459.93 3.12 -12.24 re f BT 7.439 0 0 7.439 509.97 449.1301 Tm 0 g ( )Tj ET 0.934 g 513.33 459.93 2.88 -12.24 re f BT 7.439 0 0 7.439 513.33 449.1301 Tm 0 g ( )Tj ET 0.934 g 516.45 459.93 9.6 -12.24 re f BT 7.439 0 0 7.439 516.45 449.1301 Tm 0 g ( )Tj ET 0.934 g 526.29 459.93 22.56 -12.24 re f BT 7.439 0 0 7.439 526.2899 449.1301 Tm 0 g ( )Tj ET 0.934 g 549.09 459.93 3.12 -12.24 re f BT 7.439 0 0 7.439 549.09 449.1301 Tm 0 g ( )Tj ET 0.934 g 552.45 459.93 2.88 -12.24 re f BT 7.439 0 0 7.439 552.45 449.1301 Tm 0 g ( )Tj ET 0.934 g 555.57 459.93 4.8 -12.24 re f BT 7.439 0 0 7.439 555.5699 449.1301 Tm 0 g ( )Tj ET 0.934 g 560.61 459.93 22.56 -12.24 re f BT 7.439 0 0 7.439 560.61 449.1301 Tm 0 g ( )Tj ET 0.934 g 583.41 459.93 3.12 -12.24 re f BT 7.439 0 0 7.439 583.4099 449.1301 Tm 0 g ( )Tj 10.079 0 0 10.079 25.65 437.1301 Tm [( )-1107.3(Net Income \(Loss\))-17933.6( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 37.4798 0.0476 TD 0.0119 Tw [( \(188.3)-12.7(\))]TJ /F12 1 Tf 3.1908 -0.0476 TD 0.0596 Tw [( )-690.5( )-119(\(23.7)-12.6(\) )-1142.9(19.1)-12.2( )-23.8( )-1666.8(6.1)-12.1( )-23.8( )-690.5(58.4)-12.2( )]TJ ET 0.934 g 25.65 434.97 13.44 -12.24 re f BT 10.079 0 0 10.079 25.65 424.6501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 39.33 434.97 256.08 -12.24 re f BT 10.079 0 0 10.079 39.33 424.6501 Tm 0 g (Per Share)Tj ET 0.934 g 295.65 434.97 74.16 -12.24 re f BT 7.439 0 0 7.439 295.65 424.1701 Tm 0 g ( )Tj ET 0.934 g 370.05 434.97 12.48 -12.24 re f BT 7.439 0 0 7.439 370.05 424.1701 Tm 0 g ( )Tj ET 0.934 g 382.77 434.97 2.88 -12.24 re f BT 7.439 0 0 7.439 382.77 424.1701 Tm 0 g ( )Tj ET 0.934 g 385.89 434.97 2.88 -12.24 re f BT 7.439 0 0 7.439 385.89 424.1701 Tm 0 g ( )Tj ET 0.934 g 389.01 434.97 4.08 -12.24 re f BT 7.439 0 0 7.439 389.01 424.1701 Tm 0 g ( )Tj ET 0.934 g 393.33 434.97 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 393.33 425.1301 Tm 0 g ( )Tj ET 0.934 g 406.05 434.97 25.92 -12.24 re f BT 7.439 0 0 7.439 406.05 424.4101 Tm 0 g ( )Tj ET 0.934 g 432.21 434.97 3.12 -12.24 re f BT 7.439 0 0 7.439 432.21 424.4101 Tm 0 g ( )Tj ET 0.934 g 435.57 434.97 2.88 -12.24 re f BT /F12 1 Tf 7.439 0 0 7.439 435.57 424.1701 Tm 0 g ( )Tj ET 0.934 g 438.69 434.97 9.36 -12.24 re f BT 7.439 0 0 7.439 438.69 424.1701 Tm 0 g ( )Tj ET 0.934 g 448.29 434.97 22.56 -12.24 re f BT 7.439 0 0 7.439 448.29 424.1701 Tm 0 g ( )Tj ET 0.934 g 471.09 434.97 3.12 -12.24 re f BT 7.439 0 0 7.439 471.09 424.1701 Tm 0 g ( )Tj ET 0.934 g 474.45 434.97 2.88 -12.24 re f BT 7.439 0 0 7.439 474.45 424.1701 Tm 0 g ( )Tj ET 0.934 g 477.57 434.97 9.36 -12.24 re f BT 7.439 0 0 7.439 477.57 424.1701 Tm 0 g ( )Tj ET 0.934 g 487.17 434.97 22.56 -12.24 re f BT 7.439 0 0 7.439 487.17 424.1701 Tm 0 g ( )Tj ET 0.934 g 509.97 434.97 3.12 -12.24 re f BT 7.439 0 0 7.439 509.97 424.1701 Tm 0 g ( )Tj ET 0.934 g 513.33 434.97 2.88 -12.24 re f BT 7.439 0 0 7.439 513.33 424.1701 Tm 0 g ( )Tj ET 0.934 g 516.45 434.97 9.6 -12.24 re f BT 7.439 0 0 7.439 516.45 424.1701 Tm 0 g ( )Tj ET 0.934 g 526.29 434.97 22.56 -12.24 re f BT 7.439 0 0 7.439 526.2899 424.1701 Tm 0 g ( )Tj ET 0.934 g 549.09 434.97 3.12 -12.24 re f BT 7.439 0 0 7.439 549.09 424.1701 Tm 0 g ( )Tj ET 0.934 g 552.45 434.97 2.88 -12.24 re f BT 7.439 0 0 7.439 552.45 424.1701 Tm 0 g ( )Tj ET 0.934 g 555.57 434.97 4.8 -12.24 re f BT 7.439 0 0 7.439 555.5699 424.1701 Tm 0 g ( )Tj ET 0.934 g 560.61 434.97 22.56 -12.24 re f BT 7.439 0 0 7.439 560.61 424.1701 Tm 0 g ( )Tj ET 0.934 g 583.41 434.97 3.12 -12.24 re f BT 7.439 0 0 7.439 583.4099 424.1701 Tm 0 g ( )Tj 10.079 0 0 10.079 25.65 412.1701 Tm 1.1073 Tw [( Basic)-21851.9( )-6024.4( )95.3( )1047.7( )1047.7( )]TJ /F13 1 Tf 37.4798 0.0476 TD 0.0119 Tw [( \(18.62)-12.7(\))]TJ /F12 1 Tf 3.1908 -0.0476 TD 0.0596 Tw [( )-690.5( )-119(\(2.35)-12.6(\) )-1142.9(1.84)-12.2( )-23.8( )-1166.7(0.55)-12.2( )-23.8( )-690.5(5.19)-12.2( )]TJ ET 0.934 g 25.65 410.01 13.44 -12.24 re f BT 10.079 0 0 10.079 25.65 399.6901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 39.33 410.01 13.44 -12.24 re f BT 10.079 0 0 10.079 39.33 399.6901 Tm 0 g ( )Tj ET 0.934 g 53.01 410.01 242.4 -12.24 re f BT 10.079 0 0 10.079 53.01 399.6901 Tm 0 g (Diluted)Tj ET 0.934 g 295.65 410.01 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 399.6901 Tm 0 g ( )Tj ET 0.934 g 370.05 410.01 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 399.6901 Tm 0 g ( )Tj ET 0.934 g 382.77 410.01 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 399.6901 Tm 0 g ( )Tj ET 0.934 g 385.89 410.01 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 399.6901 Tm 0 g ( )Tj ET 0.934 g 389.01 410.01 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 399.6901 Tm 0 g ( )Tj ET 0.934 g 393.33 410.01 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 400.1701 Tm 0 g ( )Tj ET 0.934 g 406.05 410.01 25.92 -12.24 re f BT 10.079 0 0 10.079 406.05 400.1701 Tm 0 g (\(18.62)Tj ET 0.934 g 432.21 410.01 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 400.1701 Tm 0 g (\))Tj ET 0.934 g 435.57 410.01 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 399.6901 Tm 0 g ( )Tj ET 0.934 g 438.69 410.01 9.36 -12.24 re f BT 10.079 0 0 10.079 445.65 399.6901 Tm 0 g ( )Tj ET 0.934 g 448.29 410.01 22.56 -12.24 re f BT 10.079 0 0 10.079 449.97 399.6901 Tm 0 g (\(2.35)Tj ET 0.934 g 471.09 410.01 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 399.6901 Tm 0 g (\))Tj ET 0.934 g 474.45 410.01 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 399.6901 Tm 0 g ( )Tj ET 0.934 g 477.57 410.01 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 399.6901 Tm 0 g ( )Tj ET 0.934 g 487.17 410.01 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 399.6901 Tm 0 g (1.83)Tj ET 0.934 g 509.97 410.01 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 399.6901 Tm 0 g ( )Tj ET 0.934 g 513.33 410.01 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 399.6901 Tm 0 g ( )Tj ET 0.934 g 516.45 410.01 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 399.6901 Tm 0 g ( )Tj ET 0.934 g 526.29 410.01 22.56 -12.24 re f BT 10.079 0 0 10.079 531.33 399.6901 Tm 0 g (0.55)Tj ET 0.934 g 549.09 410.01 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 399.6901 Tm 0 g ( )Tj ET 0.934 g 552.45 410.01 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 399.6901 Tm 0 g ( )Tj ET 0.934 g 555.57 410.01 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 399.6901 Tm 0 g ( )Tj ET 0.934 g 560.61 410.01 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 399.6901 Tm 0 g (5.15)Tj ET 0.934 g 583.41 410.01 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 399.6901 Tm 0 g ( )Tj /F13 1 Tf -55.3386 -1.1906 TD (Iron Ore Production and Sales Statistics \(Millions of Gross Tons\))Tj /F12 1 Tf 7.439 0 0 7.439 370.05 386.7301 Tm 0.1694 Tc [( )-1290.5( )]TJ /F13 1 Tf 10.079 0 0 10.079 393.33 387.6901 Tm 0 Tc ( )Tj 7.439 0 0 7.439 406.05 386.9701 Tm 3.2666 Tc ( )Tj /F12 1 Tf 3.9683 -0.0323 TD 0.1694 Tc [( )-871.1( )-2645.5( )-32.3( )-871.1( )-2645.5( )-32.3( )-903.3( )-2645.5( )-32.3( )-258.1( )-2645.5( )]TJ ET 0.934 g 25.65 385.05 269.76 -12.24 re f BT 10.079 0 0 10.079 25.65 375.4501 Tm 0 g 0 Tc (Production From Iron Ore Mines Managed By The Company)Tj ET 0.934 g 295.65 385.05 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 375.4501 Tm 0 g ( )Tj ET 0.934 g 370.05 385.05 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 375.4501 Tm 0 g ( )Tj ET 0.934 g 382.77 385.05 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 375.4501 Tm 0 g ( )Tj ET 0.934 g 385.89 385.05 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 375.4501 Tm 0 g ( )Tj ET 0.934 g 389.01 385.05 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 375.4501 Tm 0 g ( )Tj ET 0.934 g 393.33 385.05 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 393.33 375.2101 Tm 0 g ( )Tj ET 0.934 g 406.05 385.05 25.92 -12.24 re f BT 10.079 0 0 10.079 414.45 375.2101 Tm 0 g (27.9)Tj ET 0.934 g 432.21 385.05 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 375.2101 Tm 0 g ( )Tj ET 0.934 g 435.57 385.05 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 375.4501 Tm 0 g ( )Tj ET 0.934 g 438.69 385.05 9.36 -12.24 re f BT 10.079 0 0 10.079 438.69 375.4501 Tm 0 g ( )Tj ET 0.934 g 448.29 385.05 22.56 -12.24 re f BT 10.079 0 0 10.079 453.33 375.4501 Tm 0 g (25.4)Tj ET 0.934 g 471.09 385.05 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 375.4501 Tm 0 g ( )Tj ET 0.934 g 474.45 385.05 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 375.4501 Tm 0 g ( )Tj ET 0.934 g 477.57 385.05 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 375.4501 Tm 0 g ( )Tj ET 0.934 g 487.17 385.05 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 375.4501 Tm 0 g (41.0)Tj ET 0.934 g 509.97 385.05 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 375.4501 Tm 0 g ( )Tj ET 0.934 g 513.33 385.05 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 375.4501 Tm 0 g ( )Tj ET 0.934 g 516.45 385.05 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 375.4501 Tm 0 g ( )Tj ET 0.934 g 526.29 385.05 22.56 -12.24 re f BT 10.079 0 0 10.079 531.33 375.4501 Tm 0 g (36.2)Tj ET 0.934 g 549.09 385.05 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 375.4501 Tm 0 g ( )Tj ET 0.934 g 552.45 385.05 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 375.4501 Tm 0 g ( )Tj ET 0.934 g 555.57 385.05 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 375.4501 Tm 0 g ( )Tj ET 0.934 g 560.61 385.05 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 375.4501 Tm 0 g (40.3)Tj ET 0.934 g 583.41 385.05 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 375.4501 Tm 0 g ( )Tj -55.3386 -1.3096 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.333 0 TD [(s Share of Iron Ore Production)-10264.7( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 32.258 0.0476 TD 1.8454 Tw [( 14.7)-12.2( )]TJ /F12 1 Tf 4.1909 -0.0476 TD 0.0596 Tw [( )-1643(7.8)-12.1( )-23.8( )-1142.9(11.8)-12.2( )-23.8( )-1666.8(8.8)-12.1( )-23.8( )-690.5(11.4)-12.2( )]TJ ET 0.934 g 25.65 360.09 269.76 -12.24 re f BT 10.079 0 0 10.079 25.65 349.7701 Tm 0 g 0 Tw (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s Sales Tons)Tj ET 0.934 g 295.65 360.09 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 349.7701 Tm 0 g ( )Tj ET 0.934 g 370.05 360.09 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 349.7701 Tm 0 g ( )Tj ET 0.934 g 382.77 360.09 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 349.7701 Tm 0 g ( )Tj ET 0.934 g 385.89 360.09 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 349.7701 Tm 0 g ( )Tj ET 0.934 g 389.01 360.09 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 349.7701 Tm 0 g ( )Tj ET 0.934 g 393.33 360.09 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 393.33 350.2501 Tm 0 g ( )Tj ET 0.934 g 406.05 360.09 25.92 -12.24 re f BT 10.079 0 0 10.079 414.45 350.2501 Tm 0 g (14.7)Tj ET 0.934 g 432.21 360.09 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 350.2501 Tm 0 g ( )Tj ET 0.934 g 435.57 360.09 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 349.7701 Tm 0 g ( )Tj ET 0.934 g 438.69 360.09 9.36 -12.24 re f BT 10.079 0 0 10.079 438.69 349.7701 Tm 0 g ( )Tj ET 0.934 g 448.29 360.09 22.56 -12.24 re f BT 10.079 0 0 10.079 458.37 349.7701 Tm 0 g (8.4)Tj ET 0.934 g 471.09 360.09 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 349.7701 Tm 0 g ( )Tj ET 0.934 g 474.45 360.09 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 349.7701 Tm 0 g ( )Tj ET 0.934 g 477.57 360.09 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 349.7701 Tm 0 g ( )Tj ET 0.934 g 487.17 360.09 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 349.7701 Tm 0 g (10.4)Tj ET 0.934 g 509.97 360.09 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 349.7701 Tm 0 g ( )Tj ET 0.934 g 513.33 360.09 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 349.7701 Tm 0 g ( )Tj ET 0.934 g 516.45 360.09 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 349.7701 Tm 0 g ( )Tj ET 0.934 g 526.29 360.09 22.56 -12.24 re f BT 10.079 0 0 10.079 536.3699 349.7701 Tm 0 g (8.9)Tj ET 0.934 g 549.09 360.09 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 349.7701 Tm 0 g ( )Tj ET 0.934 g 552.45 360.09 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 349.7701 Tm 0 g ( )Tj ET 0.934 g 555.57 360.09 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 349.7701 Tm 0 g ( )Tj ET 0.934 g 560.61 360.09 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 349.7701 Tm 0 g (12.1)Tj ET 0.934 g 583.41 360.09 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 349.7701 Tm 0 g ( )Tj -55.3386 -1.2382 TD [(Earnings Before Interest, Taxes, Depreciation and Amortization \(EBITDA\) \(d\))-2569.8( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 36.4797 0.0476 TD 1.8454 Tw [( 31.1)-12.2( )]TJ /F12 1 Tf 4.1909 -0.0476 TD 0.0596 Tw [( )-690.5( )-619.1(\(0.3)-12.5(\) )-1142.9(57.3)-12.2( )-23.8( )-1166.7(33.8)-12.2( )-23.8( )-690.5(88.6)-12.2( )]TJ ET 0.934 g 25.65 335.13 269.76 -12.24 re f BT 10.079 0 0 10.079 25.65 324.8101 Tm 0 g 0 Tw (Earnings Before Interest and Taxes \(EBIT\) \(d\))Tj ET 0.934 g 295.65 335.13 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 324.8101 Tm 0 g ( )Tj ET 0.934 g 370.05 335.13 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 324.8101 Tm 0 g ( )Tj ET 0.934 g 382.77 335.13 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 324.8101 Tm 0 g ( )Tj ET 0.934 g 385.89 335.13 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 324.8101 Tm 0 g ( )Tj ET 0.934 g 389.01 335.13 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 324.8101 Tm 0 g ( )Tj ET 0.934 g 393.33 335.13 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 325.2901 Tm 0 g ( )Tj ET 0.934 g 406.05 335.13 25.92 -12.24 re f BT 10.079 0 0 10.079 416.13 325.2901 Tm 0 g (\(2.8)Tj ET 0.934 g 432.21 335.13 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 325.2901 Tm 0 g (\))Tj ET 0.934 g 435.57 335.13 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 324.8101 Tm 0 g ( )Tj ET 0.934 g 438.69 335.13 9.36 -12.24 re f BT 10.079 0 0 10.079 445.65 324.8101 Tm 0 g ( )Tj ET 0.934 g 448.29 335.13 22.56 -12.24 re f BT 10.079 0 0 10.079 449.97 324.8101 Tm 0 g (\(23.7)Tj ET 0.934 g 471.09 335.13 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 324.8101 Tm 0 g (\))Tj ET 0.934 g 474.45 335.13 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 324.8101 Tm 0 g ( )Tj ET 0.934 g 477.57 335.13 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 324.8101 Tm 0 g ( )Tj ET 0.934 g 487.17 335.13 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 324.8101 Tm 0 g (31.9)Tj ET 0.934 g 509.97 335.13 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 324.8101 Tm 0 g ( )Tj ET 0.934 g 513.33 335.13 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 324.8101 Tm 0 g ( )Tj ET 0.934 g 516.45 335.13 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 324.8101 Tm 0 g ( )Tj ET 0.934 g 526.29 335.13 22.56 -12.24 re f BT 10.079 0 0 10.079 531.33 324.8101 Tm 0 g (11.3)Tj ET 0.934 g 549.09 335.13 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 324.8101 Tm 0 g ( )Tj ET 0.934 g 552.45 335.13 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 324.8101 Tm 0 g ( )Tj ET 0.934 g 555.57 335.13 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 324.8101 Tm 0 g ( )Tj ET 0.934 g 560.61 335.13 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 324.8101 Tm 0 g (68.3)Tj ET 0.934 g 583.41 335.13 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 324.8101 Tm 0 g ( )Tj -55.3386 -1.2382 TD [(Common Shares Outstanding \(Millions\))-10705.7(- Average For Year)-842.4( )-59.6( )-59.6( )]TJ /F13 1 Tf 36.4797 0.0476 TD 1.8454 Tw [( 10.1)-12.2( )]TJ /F12 1 Tf 4.1909 -0.0476 TD 0.0596 Tw [( )-1142.9(10.1)-12.2( )-23.8( )-1142.9(10.4)-12.2( )-23.8( )-1166.7(11.1)-12.2( )-23.8( )-690.5(11.3)-12.2( )]TJ ET 0.934 g 25.65 310.17 269.76 -12.24 re f BT 10.079 0 0 10.079 25.65 299.8501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 295.65 310.17 74.16 -12.24 re f BT 10.079 0 0 10.079 295.65 299.8501 Tm 0 g (- At Year-End)Tj ET 0.934 g 370.05 310.17 12.48 -12.24 re f BT 10.079 0 0 10.079 370.05 299.8501 Tm 0 g ( )Tj ET 0.934 g 382.77 310.17 2.88 -12.24 re f BT 10.079 0 0 10.079 382.77 299.8501 Tm 0 g ( )Tj ET 0.934 g 385.89 310.17 2.88 -12.24 re f BT 10.079 0 0 10.079 385.89 299.8501 Tm 0 g ( )Tj ET 0.934 g 389.01 310.17 4.08 -12.24 re f BT 10.079 0 0 10.079 389.01 299.8501 Tm 0 g ( )Tj ET 0.934 g 393.33 310.17 12.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 393.33 300.3301 Tm 0 g ( )Tj ET 0.934 g 406.05 310.17 25.92 -12.24 re f BT 10.079 0 0 10.079 414.45 300.3301 Tm 0 g (10.1)Tj ET 0.934 g 432.21 310.17 3.12 -12.24 re f BT 10.079 0 0 10.079 432.21 300.3301 Tm 0 g ( )Tj ET 0.934 g 435.57 310.17 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 435.57 299.8501 Tm 0 g ( )Tj ET 0.934 g 438.69 310.17 9.36 -12.24 re f BT 10.079 0 0 10.079 438.69 299.8501 Tm 0 g ( )Tj ET 0.934 g 448.29 310.17 22.56 -12.24 re f BT 10.079 0 0 10.079 453.33 299.8501 Tm 0 g (10.1)Tj ET 0.934 g 471.09 310.17 3.12 -12.24 re f BT 10.079 0 0 10.079 471.09 299.8501 Tm 0 g ( )Tj ET 0.934 g 474.45 310.17 2.88 -12.24 re f BT 10.079 0 0 10.079 474.45 299.8501 Tm 0 g ( )Tj ET 0.934 g 477.57 310.17 9.36 -12.24 re f BT 10.079 0 0 10.079 477.57 299.8501 Tm 0 g ( )Tj ET 0.934 g 487.17 310.17 22.56 -12.24 re f BT 10.079 0 0 10.079 492.21 299.8501 Tm 0 g (10.1)Tj ET 0.934 g 509.97 310.17 3.12 -12.24 re f BT 10.079 0 0 10.079 509.97 299.8501 Tm 0 g ( )Tj ET 0.934 g 513.33 310.17 2.88 -12.24 re f BT 10.079 0 0 10.079 513.33 299.8501 Tm 0 g ( )Tj ET 0.934 g 516.45 310.17 9.6 -12.24 re f BT 10.079 0 0 10.079 516.45 299.8501 Tm 0 g ( )Tj ET 0.934 g 526.29 310.17 22.56 -12.24 re f BT 10.079 0 0 10.079 531.33 299.8501 Tm 0 g (10.6)Tj ET 0.934 g 549.09 310.17 3.12 -12.24 re f BT 10.079 0 0 10.079 549.09 299.8501 Tm 0 g ( )Tj ET 0.934 g 552.45 310.17 2.88 -12.24 re f BT 10.079 0 0 10.079 552.45 299.8501 Tm 0 g ( )Tj ET 0.934 g 555.57 310.17 4.8 -12.24 re f BT 10.079 0 0 10.079 555.5699 299.8501 Tm 0 g ( )Tj ET 0.934 g 560.61 310.17 22.56 -12.24 re f BT 10.079 0 0 10.079 565.65 299.8501 Tm 0 g (11.2)Tj ET 0.934 g 583.41 310.17 3.12 -12.24 re f BT 10.079 0 0 10.079 583.4099 299.8501 Tm 0 g ( )Tj -55.3386 -1.2382 TD [(Employees at Year-End \(e\))-15876.2( )-7131.7( )-1012( )-59.6( )-59.6( )]TJ /F13 1 Tf 36.4797 0.0476 TD 1.3454 Tw [( 3,858)-12.3( )]TJ /F12 1 Tf 4.1909 -0.0476 TD 0.0596 Tw [( )-642.9(4,302)-12.3( )-23.8( )-642.9(5,645)-12.3( )-23.8( )-666.7(5,947)-12.3( )-23.8( )-190.5(6,029)-12.3( )]TJ ET 0.5 g 25.65 269.37 100.8 -0.48 re f BT 10.079 0 0 10.079 25.65 257.8501 Tm 0 g 0 Tw [(\(a\))-56.9( )-1107.3(Effective January 1, 2002 the Company adopted SFAS No.143, )]TJ /F2 1 Tf 28.1857 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( Accounting for Asset Retirement Obligations)Tj /F2 1 Tf 18.4133 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( and effective )Tj -44.9629 -1.1192 TD (January 1, 2001 the Company changed its method of accounting for investment gains and losses on pension assets for the )Tj T* (recognition of pension expense.)Tj -2.524 -1.1192 TD [(\(b\) )-1107.3(Results for 2002 include $95.7 million and $52.7 million for impairment charges relating to discontinued operation and )]TJ 2.524 -1.1192 TD (impairment of mining assets, respectively. Results for 2000 include an after-tax $9.9 million recovery on an insurance claim, )Tj T* ($5.2 million federal income tax credit, and a $7.1 million charge relating to a common stock investment \(combined $.77 per )Tj T* (share\); a $4.4 million \($.39 per share\) recovery relating primarily to prior years)Tj /F2 1 Tf 31.7121 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( state tax refunds; in 1998, federal income tax )Tj -32.0451 -1.1192 TD (credit, $3.5 million \($.31 per share\); and in 1997 after-tax credits of $8.8 million \($.77 per share\).)Tj -2.524 -1.1192 TD [(\(c\))-56.9( )-1107.3(Includes the Company)]TJ /F2 1 Tf 11.5222 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s share of unconsolidated ventures and equipment acquired on capital leases; includes short-term portion.)Tj -11.8552 -1.1192 TD [(\(d\) )-1107.3(EBITDA and EBIT are not )]TJ ET q 51.09 165.45 535.68 -11.28 re W* n BT 10.079 0 0 10.079 162.7657 156.3301 Tm (p)Tj ET Q BT 10.079 0 0 10.079 167.8048 156.3301 Tm (resented as substitute measures of o)Tj ET q 51.09 165.45 535.68 -11.28 re W* n BT 10.079 0 0 10.079 311.9522 156.3301 Tm (p)Tj ET Q BT 10.079 0 0 10.079 316.9912 156.3301 Tm (eratin)Tj ET q 51.09 165.45 535.68 -11.28 re W* n BT 10.079 0 0 10.079 339.9391 156.3301 Tm (g)Tj ET Q BT 10.079 0 0 10.079 344.9782 156.3301 Tm ( results or cash flow from o)Tj ET q 51.09 165.45 535.68 -11.28 re W* n BT 10.079 0 0 10.079 455.8174 156.3301 Tm (p)Tj ET Q BT 10.079 0 0 10.079 460.8565 156.3301 Tm (erations, but because the)Tj ET q 51.09 165.45 535.68 -11.28 re W* n BT 10.079 0 0 10.079 559.9346 156.3301 Tm (y)Tj ET Q BT 10.079 0 0 10.079 564.9736 156.3301 Tm ( are )Tj -50.9854 -1.1192 TD (standards utilized by management to measure operating performance.)Tj -2.524 -1.1192 TD [(\(e\))-56.9( )-1107.3(Includes employees of mining ventures.)]TJ 27.3359 -2.6907 TD (13)Tj ET endstreamendobj37 0 obj<< /Type /Page /Parent 245 0 R /Resources 38 0 R /Contents 39 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj38 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj39 0 obj<< /Length 5741 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -453.6 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F13 1 Tf 10.079 0 0 10.079 25.65 952.41 Tm -0.0001 Tc 0.0001 Tw (ITEM 7. MANAGEMENT)Tj /F6 1 Tf 12.4709 0 TD 0 Tc 0 Tw ()Tj /F13 1 Tf 0.333 0 TD -0.0001 Tc 0.0001 Tw (S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF )Tj -12.8038 -1.2382 TD 0 Tw (OPERATIONS.)Tj 0 -2.6431 TD 0 Tc (Overview)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 912.09 m 67.41 912.09 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 887.3701 Tm (Cleveland-Cliffs Inc \(including its consolidated subsidiaries, the )Tj /F2 1 Tf 25.9956 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( or )Tj /F2 1 Tf 1.3329 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Cliffs)Tj /F2 1 Tf 2.2778 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) is the largest supplier of iron ore pellets in )Tj -35.2708 -1.1192 TD (North America. The Company operates five iron ore mines located in Michigan, Minnesota, and Eastern Canada that are capable of )Tj T* (producing 32.6 million tons of pellets annually. Cliffs)Tj /F2 1 Tf 21.526 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( share of 2003 production capacity is almost 20 million tons, representing about )Tj -21.859 -1.1192 TD (25 percent of the total pellet capacity in North America. The Company sells most of its pellets to integrated steel companies i)Tj 50.1005 0 TD (n the )Tj -50.1005 -1.1192 TD (United States and Canada under multi-year contracts that have terms ranging from 3 to 15 years. Sales volume under these contra)Tj 51.7913 0 TD (cts is )Tj -51.7913 -1.1192 TD (largely dependent on customer requirements, and in most cases, Cliffs is the sole supplier of pellets to the customer. Each con)Tj 50.3494 0 TD (tract has a )Tj -50.3494 -1.1191 TD (base price that is adjusted over the life of the contract using one or more adjustment factors. Factors that can adjust price i)Tj 48.7366 0 TD (nclude )Tj -48.7366 -1.1192 TD (measures of general inflation, steel prices, the international pellet price, and mine operating cost factors, including energy )Tj 48.9026 0 TD (costs. )Tj -48.9026 -2.5241 TD (The steel industry in North America is going through a restructuring process which is expected to ultimately produce a stronger)Tj 51.0154 0 TD (, more )Tj -51.0154 -1.1191 TD (productive industry. However, the restructuring process is likely to result in a reduction of integrated steelmaking capacity o)Tj 49.7375 0 TD (ver time, and )Tj -49.7375 -1.1192 TD (thereby reduce iron ore consumption. In order to address the market, Cliffs is focused on improving the competitiveness of its )Tj 50.5994 0 TD (operations. )Tj -50.5994 -1.1191 TD (Cliffs)Tj /F2 1 Tf 2.2778 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( strategy also includes obtaining a larger share of this market by entering into long-term pellet sales contracts, supported by)Tj 49.3215 0 TD ( )Tj -51.9323 -1.1192 TD (increased mine ownership, as required. Cliffs has repositioned itself from a manager of iron ore mines on behalf of steel compa)Tj 50.9294 0 TD (ny owners )Tj -50.9294 -1.1192 TD (to primarily a merchant of iron ore to steel company customers. In 2002, the Company completed the following actions to increas)Tj 51.8773 0 TD (e its )Tj -51.8773 -1.1192 TD (sales and mine ownerships: )Tj 0 -2.524 TD ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(On January 31, Cliffs converted Algoma Steel Inc. \()]TJ /F2 1 Tf 22.2642 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Algoma)Tj /F2 1 Tf 3.2217 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) from a partner to a customer by acquiring Algoma)Tj /F2 1 Tf 20.6881 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s 45 percent )Tj -46.0138 -1.1192 TD (interest in the Tilden Mining Company L.C. \()Tj /F2 1 Tf 18.2483 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Tilden)Tj /F2 1 Tf 2.6108 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) and executing a pellet sales agreement that makes Cliffs the sole supplier )Tj -21.747 -1.1192 TD (of pellets to Algoma for 15 years. The acquisition increased Cliffs)Tj /F2 1 Tf 26.4656 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( ownership of the Tilden Mine from 40 percent to 85 percent, )Tj -26.7986 -1.1191 TD (and increased its share of the mine)Tj /F2 1 Tf 13.8287 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s annual production capacity from 3.1 million tons to 6.6 million tons.)Tj -17.2096 -1.1192 TD ( )Tj T* ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(In April, Cliffs entered into a 15 year agreement with International Steel Group Inc. \()]TJ /F2 1 Tf 35.482 0 TD ()Tj /F12 1 Tf 0.444 0 TD (ISG)Tj /F2 1 Tf 1.6109 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) to be the sole supplier of iron ore )Tj -36.5997 -1.1192 TD (pellets to steelmaking operations which ISG acquired from LTV Corporation \()Tj /F2 1 Tf 31.4372 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (LTV)Tj /F2 1 Tf 1.9438 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\). As a result, ISG was the Company)Tj /F2 1 Tf 14.6357 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s )Tj -49.2375 -1.1192 TD (largest customer in 2002, with additional sales volume expected in future years.)Tj -3.0479 -1.1192 TD ( )Tj T* ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(On July 24, the Company amended its pellet sales agreement with Rouge Industries Inc. \()]TJ /F2 1 Tf 37.2068 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Rouge)Tj /F2 1 Tf 2.6108 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), which will make Cliffs the )Tj -39.3244 -1.1192 TD (sole supplier of pellets to Rouge beginning in 2003. Sales to Rouge accounted for 9 percent of the Company)Tj /F2 1 Tf 43.2971 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s revenues in 2002, )Tj -43.63 -1.1192 TD (with volume expected to double in 2003.)Tj 24.288 -2.6907 TD (14)Tj ET endstreamendobj40 0 obj<< /Type /Page /Parent 245 0 R /Resources 41 0 R /Contents 42 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj41 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj42 0 obj<< /Length 7168 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -390.72 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 ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(In July, Cliffs acquired an additional 8 percent interest in the Hibbing Mine from Bethlehem Steel Corporation \()]TJ /F2 1 Tf 46.261 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Bethlehem)Tj /F2 1 Tf 4.3326 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) )Tj -50.1005 -1.1191 TD (retroactive to Januar)Tj ET q 56.37 950.97 530.4 -11.28 re W* n BT 10.079 0 0 10.079 138.6478 941.85 Tm (y)Tj ET Q BT 10.079 0 0 10.079 143.6869 941.85 Tm ( 1, 2002. 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Concurrently, the )Tj -34.6579 -1.1192 TD (Company executed a 12 year sales agreement for Ispat Inland Inc.)Tj /F2 1 Tf 26.4066 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s \()Tj /F2 1 Tf 0.9719 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Ispat)Tj /F2 1 Tf 1.9438 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( or )Tj /F2 1 Tf 1.3329 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Ispat Inland)Tj /F2 1 Tf 4.7486 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), a subsidiary of Ispat International )Tj -37.5126 -1.1191 TD (N.V., pellet requirements which exceed those provided from Ispat)Tj /F2 1 Tf 26.4086 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s remaining 21 percent interest in the Empire Mine and the )Tj -26.7416 -1.1192 TD (Minorca Mine, which is wholly-owned by Ispat.)Tj -3.0479 -2.5241 TD (Iron ore pellet sales in 2002 were a record 14.7 million tons, a 6.3 million ton, or 75 percent increase, from the 8.4 million )Tj 49.1005 0 TD (tons sold in )Tj -49.1005 -1.1191 TD (2001. Sales under new contracts with ISG and Algoma accounted for over 90 percent of the increase in 2002 sales volume. )Tj 0 -2.5241 TD (Iron ore pellet production for Cliffs)Tj /F2 1 Tf 14.1907 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( account was 14.7 million tons in 2002 versus 7.8 million tons in 2001. The 6.9 million ton, or )Tj -14.5237 -1.1192 TD (88 percent, increase was largely due to the Company)Tj /F2 1 Tf 21.1321 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s increased ownership of Tilden and the significant reduction of production )Tj -21.4651 -1.1191 TD (curtailments in 2002. The 2002 curtailments totaled about 2.6 million tons, or 15 percent of production capacity. In 2001, the )Tj T* (curtailments totaled 5.0 million tons, or 40 percent of production capacity. )Tj 0 -2.5241 TD (The major business risk faced by the Company, as it increases its merchant position, is lower customer consumption of iron ore )Tj 51.2394 0 TD (from the )Tj -51.2394 -1.1192 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s mines which may result from competition from other iron ore suppliers; increased use of iron ore substitutes, including )Tj -4.2216 -1.1191 TD (imported semi-finished steel; customer rationalization or financial failure; or decreased North American steel production, resu)Tj 50.4574 0 TD (lting from )Tj -50.4574 -1.1192 TD (increased imports or lower steel consumption. The Company)Tj /F2 1 Tf 24.3838 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s sales are concentrated with a relatively few number of customers. )Tj -24.7168 -1.1191 TD (Unmitigated loss of sales would have a significantly greater impact on operating results and cash flow than revenue, due to the)Tj 50.6814 0 TD ( high level )Tj -50.6814 -1.1192 TD (of fixed costs in the iron ore mining business in the near-term and the high cost to idle or close mines. In the event of a ven)Tj 49.1835 0 TD (ture )Tj -49.1835 -1.1191 TD (participant)Tj /F2 1 Tf 4.2766 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s failure to perform, remaining solvent venturers, including the Company, may be required to assume additional fixed costs )Tj -4.6096 -1.1192 TD (and record additional material obligations. The premature closure of a mine due to the loss of a significant customer or the fa)Tj 49.9865 0 TD (ilure of a )Tj -49.9865 -1.1192 TD (venturer would accelerate substantial employment and mine shutdown costs. )Tj 27.3359 -2.6907 TD (15)Tj ET endstreamendobj43 0 obj<< /Type /Page /Parent 245 0 R /Resources 44 0 R /Contents 45 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj44 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj45 0 obj<< /Length 25312 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -740.64 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F13 1 Tf 10.079 0 0 10.079 25.65 952.41 Tm (Results Of Operations)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 951.21 m 121.65 951.21 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 926.4901 Tm (In 2002, Cliffs had a net loss of $188.3 million, or $18.62 per share \(references to per share earnings are )Tj /F2 1 Tf 41.9312 0 TD ()Tj /F12 1 Tf 0.444 0 TD (diluted earnings per share)Tj /F2 1 Tf 10.3021 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), )Tj -53.1212 -1.1191 TD (versus a net loss for the year 2001 of $22.9 million, or $2.27 per share. Following is a summary of results: )Tj 12 0 0 12 39.57 902.25 Tm 0.45 Tc [( )20( )-5320( )-23100( )-440( )-1620( )-440( )-1620( )-460( )-20( )280( )-1620( )]TJ 7.439 0 0 7.439 39.57 892.17 Tm 0.8469 Tc [( )-8614( )]TJ 49.1999 0 TD 1.5889 Tc [( )709.7( )-1903.5( )]TJ /F13 1 Tf 10.3562 0.0323 TD 0 Tc (\(In Millions\))Tj /F12 1 Tf 6.0653 -0.0323 TD 0.9114 Tc [( )483.9( )-2581( )]TJ -65.6214 -1.1292 TD 0.8469 Tc [( )-8614( )]TJ 49.1999 0 TD 0 Tc ( )Tj ET 0.5 g 413.97 884.49 158.4 -0.48 re f BT 7.439 0 0 7.439 39.57 874.65 Tm 0 g 0.8469 Tc [( )-8614( )]TJ 49.1999 0 TD 0 Tc ( )Tj /F13 1 Tf 3.8069 0.0323 TD (2002)Tj /F12 1 Tf 4.7425 -0.0323 TD ( )Tj /F13 1 Tf 3.4521 0.0323 TD (2001)Tj /F12 1 Tf 4.4199 -0.0323 TD ( )Tj /F13 1 Tf 2.5487 0.0323 TD (2000)Tj /F12 1 Tf -68.1701 -1.1614 TD 0.8469 Tc [( )-8614( )]TJ 49.1999 0 TD 0 Tc ( )Tj ET 0.5 g 413.97 866.97 54.96 -0.48 re f BT 7.439 0 0 7.439 469.17 866.25 Tm 0 g ( )Tj ET 0.5 g 477.57 866.97 49.92 -0.48 re f BT 7.439 0 0 7.439 527.73 866.25 Tm 0 g ( )Tj ET 0.5 g 536.37 866.97 36 -0.48 re f 0.934 g 39.57 864.57 365.76 -12.24 re f BT 10.079 0 0 10.079 39.57 854.25 Tm 0 g (Income \(loss\) from continuing operations before impairment of mining assets)Tj ET 0.934 g 405.57 864.57 8.16 -12.24 re f BT 10.079 0 0 10.079 405.57 854.25 Tm 0 g ( )Tj ET 0.934 g 413.97 864.57 13.44 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 422.61 854.73 Tm 0 g ($)Tj ET 0.934 g 427.65 864.57 27.6 -12.24 re f BT 10.079 0 0 10.079 434.37 854.73 Tm 0 g (\(13.7)Tj ET 0.934 g 455.49 864.57 13.44 -12.24 re f BT 10.079 0 0 10.079 455.49 854.73 Tm 0 g (\))Tj ET 0.934 g 469.17 864.57 8.16 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 469.17 854.25 Tm 0 g ( )Tj ET 0.934 g 477.57 864.57 8.16 -12.24 re f BT 10.079 0 0 10.079 480.93 854.25 Tm 0 g ($)Tj ET 0.934 g 485.97 864.57 27.6 -12.24 re f BT 10.079 0 0 10.079 492.69 854.25 Tm 0 g (\(19.5)Tj ET 0.934 g 513.81 864.57 13.68 -12.24 re f BT 10.079 0 0 10.079 513.8099 854.25 Tm 0 g (\))Tj ET 0.934 g 527.73 864.57 8.4 -12.24 re f BT 10.079 0 0 10.079 527.73 854.25 Tm 0 g ( )Tj ET 0.934 g 536.37 864.57 4.8 -12.24 re f BT 10.079 0 0 10.079 536.3699 854.25 Tm 0 g ($)Tj ET 0.934 g 541.41 864.57 27.6 -12.24 re f BT 10.079 0 0 10.079 551.4899 854.25 Tm 0 g (26.7)Tj ET 0.934 g 569.25 864.57 3.12 -12.24 re f BT 10.079 0 0 10.079 569.2499 854.25 Tm 0 g ( )Tj -52.5526 -1.2382 TD [(Impairment of mining assets)-24898( )-1678.8( )]TJ /F13 1 Tf 39.1704 0.0476 TD [(\(52.7)-12.6(\))]TJ /F12 1 Tf 3.4527 -0.0476 TD 0.5834 Tc [( )-1928.8( )-547.7( )-23.8( )333.3( )-1928.8( )]TJ -42.6231 -1.1191 TD 0 Tc ( )Tj 36.313 0 TD 0.5834 Tc ( )Tj ET 0.5 g 427.65 834.33 27.6 -0.48 re f BT 10.079 0 0 10.079 455.49 830.4901 Tm 0 g 1.1073 Tc [( )523.9( )]TJ ET 0.5 g 485.97 834.33 27.6 -0.48 re f BT 10.079 0 0 10.079 513.8099 830.4901 Tm 0 g 1.1311 Tc [( )523.9( )]TJ ET 0.5 g 541.41 834.33 27.6 -0.48 re f BT 10.079 0 0 10.079 569.2499 830.4901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 828.33 7.92 -12.24 re f BT 10.079 0 0 10.079 39.57 818.01 Tm 0 g ( )Tj ET 0.934 g 47.73 828.33 357.6 -12.24 re f BT 10.079 0 0 10.079 47.73 818.01 Tm 0 g (Income \(loss\) from continuing operations)Tj ET 0.934 g 405.57 828.33 8.16 -12.24 re f BT 10.079 0 0 10.079 405.57 818.01 Tm 0 g ( )Tj ET 0.934 g 413.97 828.33 13.44 -12.24 re f BT 10.079 0 0 10.079 425.01 818.01 Tm 0 g ( )Tj ET 0.934 g 427.65 828.33 27.6 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 434.37 818.4901 Tm 0 g (\(66.4)Tj ET 0.934 g 455.49 828.33 13.44 -12.24 re f BT 10.079 0 0 10.079 455.49 818.4901 Tm 0 g (\))Tj ET 0.934 g 469.17 828.33 8.16 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 469.17 818.01 Tm 0 g ( )Tj ET 0.934 g 477.57 828.33 8.16 -12.24 re f BT 10.079 0 0 10.079 483.33 818.01 Tm 0 g ( )Tj ET 0.934 g 485.97 828.33 27.6 -12.24 re f BT 10.079 0 0 10.079 492.69 818.01 Tm 0 g (\(19.5)Tj ET 0.934 g 513.81 828.33 13.68 -12.24 re f BT 10.079 0 0 10.079 513.8099 818.01 Tm 0 g (\))Tj ET 0.934 g 527.73 828.33 8.4 -12.24 re f BT 10.079 0 0 10.079 527.73 818.01 Tm 0 g ( )Tj ET 0.934 g 536.37 828.33 4.8 -12.24 re f BT 10.079 0 0 10.079 536.3699 818.01 Tm 0 g ( )Tj ET 0.934 g 541.41 828.33 27.6 -12.24 re f BT 10.079 0 0 10.079 551.4899 818.01 Tm 0 g (26.7)Tj ET 0.934 g 569.25 828.33 3.12 -12.24 re f BT 10.079 0 0 10.079 569.2499 818.01 Tm 0 g ( )Tj -52.5526 -1.2382 TD [(Loss from discontinued operation)-22843.2( )-1678.8( )]TJ /F13 1 Tf 38.6704 0.0476 TD [(\(108.5)-12.7(\))]TJ /F12 1 Tf 3.9528 -0.0476 TD 1.1549 Tw [( )476.2(\(12.7)-12.6(\))-1048.1( )309.6( )-23.8(\(8.6)-12.5(\))]TJ ET 0.934 g 39.57 803.37 365.76 -12.24 re f BT 10.079 0 0 10.079 39.57 793.05 Tm 0 g 0 Tw (Cumulative effect of accounting changes)Tj ET 0.934 g 405.57 803.37 8.16 -12.24 re f BT 10.079 0 0 10.079 405.57 793.05 Tm 0 g ( )Tj ET 0.934 g 413.97 803.37 13.44 -12.24 re f BT 10.079 0 0 10.079 425.01 793.05 Tm 0 g ( )Tj ET 0.934 g 427.65 803.37 27.6 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 434.37 793.53 Tm 0 g (\(13.4)Tj ET 0.934 g 455.49 803.37 13.44 -12.24 re f BT 10.079 0 0 10.079 455.49 793.53 Tm 0 g (\))Tj ET 0.934 g 469.17 803.37 8.16 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 469.17 793.05 Tm 0 g ( )Tj ET 0.934 g 477.57 803.37 8.16 -12.24 re f BT 10.079 0 0 10.079 477.57 793.05 Tm 0 g ( )Tj ET 0.934 g 485.97 803.37 27.6 -12.24 re f BT 10.079 0 0 10.079 501.09 793.05 Tm 0 g (9.3)Tj ET 0.934 g 513.81 803.37 13.68 -12.24 re f BT 10.079 0 0 10.079 513.8099 793.05 Tm 0 g ( )Tj ET 0.934 g 527.73 803.37 8.4 -12.24 re f BT 10.079 0 0 10.079 527.73 793.05 Tm 0 g ( )Tj ET 0.934 g 536.37 803.37 4.8 -12.24 re f BT 10.079 0 0 10.079 536.3699 793.05 Tm 0 g ( )Tj ET 0.934 g 541.41 803.37 27.6 -12.24 re f BT 10.079 0 0 10.079 541.41 793.05 Tm 0 g ( )Tj ET 0.934 g 569.25 803.37 3.12 -12.24 re f BT 10.079 0 0 10.079 569.2499 793.05 Tm 0 g ( )Tj -52.5526 -1.1192 TD ( )Tj 36.313 0 TD 0.5834 Tc ( )Tj ET 0.5 g 427.65 785.61 27.6 -0.48 re f BT 10.079 0 0 10.079 455.49 781.77 Tm 0 g 1.1073 Tc [( )523.9( )]TJ ET 0.5 g 485.97 785.61 27.6 -0.48 re f BT 10.079 0 0 10.079 513.8099 781.77 Tm 0 g 1.1311 Tc [( )523.9( )]TJ ET 0.5 g 541.41 785.61 27.6 -0.48 re f BT 10.079 0 0 10.079 569.2499 781.77 Tm 0 g 0 Tc ( )Tj -52.5526 -1.2382 TD [(Net income \(loss\))-867.6( - amount)-24503.4( )]TJ /F13 1 Tf 38.0036 0.0476 TD [($)-166.7(\(188.3)-12.7(\))]TJ /F12 1 Tf 4.6195 -0.0476 TD 0.9168 Tw [( $)-666.8(\(22.9)-12.6(\))-1048.1( )309.6($)-1000.1(18.1)-12.2( )]TJ -42.6231 -1.1192 TD 0 Tw ( )Tj 36.313 0 TD 0.5834 Tc ( )Tj ET 0.5 g 427.65 763.05 27.6 -2.88 re f BT 10.079 0 0 10.079 455.49 758.01 Tm 0 g 1.1073 Tc [( )523.9( )]TJ ET 0.5 g 485.97 763.05 27.6 -2.88 re f BT 10.079 0 0 10.079 513.8099 758.01 Tm 0 g 1.1311 Tc [( )523.9( )]TJ ET 0.5 g 541.41 763.05 27.6 -2.88 re f BT 10.079 0 0 10.079 569.2499 758.01 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 755.85 7.92 -12.24 re f BT 10.079 0 0 10.079 39.57 745.53 Tm 0 g ( )Tj ET 0.934 g 47.73 755.85 72 -12.24 re f BT 10.079 0 0 10.079 47.73 745.53 Tm 0 g ( )Tj ET 0.934 g 119.97 755.85 285.36 -12.24 re f BT 10.079 0 0 10.079 119.97 745.53 Tm 0 g ( - per share basic)Tj ET 0.934 g 405.57 755.85 8.16 -12.24 re f BT 10.079 0 0 10.079 405.57 745.53 Tm 0 g ( )Tj ET 0.934 g 413.97 755.85 13.44 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 422.61 746.0101 Tm 0 g ($)Tj ET 0.934 g 427.65 755.85 27.6 -12.24 re f BT 10.079 0 0 10.079 429.33 746.0101 Tm 0 g (\(18.62)Tj ET 0.934 g 455.49 755.85 13.44 -12.24 re f BT 10.079 0 0 10.079 455.49 746.0101 Tm 0 g (\))Tj ET 0.934 g 469.17 755.85 8.16 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 469.17 745.53 Tm 0 g ( )Tj ET 0.934 g 477.57 755.85 8.16 -12.24 re f BT 10.079 0 0 10.079 480.93 745.53 Tm 0 g ($)Tj ET 0.934 g 485.97 755.85 27.6 -12.24 re f BT 10.079 0 0 10.079 492.69 745.53 Tm 0 g (\(2.27)Tj ET 0.934 g 513.81 755.85 13.68 -12.24 re f BT 10.079 0 0 10.079 513.8099 745.53 Tm 0 g (\))Tj ET 0.934 g 527.73 755.85 8.4 -12.24 re f BT 10.079 0 0 10.079 527.73 745.53 Tm 0 g ( )Tj ET 0.934 g 536.37 755.85 4.8 -12.24 re f BT 10.079 0 0 10.079 536.3699 745.53 Tm 0 g ($)Tj ET 0.934 g 541.41 755.85 27.6 -12.24 re f BT 10.079 0 0 10.079 551.4899 745.53 Tm 0 g (1.74)Tj ET 0.934 g 569.25 755.85 3.12 -12.24 re f BT 10.079 0 0 10.079 569.2499 745.53 Tm 0 g ( )Tj -52.5526 -1.1191 TD ( )Tj 36.313 0 TD 0.5834 Tc ( )Tj ET 0.5 g 427.65 739.29 27.6 -2.88 re f BT 10.079 0 0 10.079 455.49 734.2501 Tm 0 g 1.1073 Tc [( )523.9( )]TJ ET 0.5 g 485.97 739.29 27.6 -2.88 re f BT 10.079 0 0 10.079 513.8099 734.2501 Tm 0 g 1.1311 Tc [( )523.9( )]TJ ET 0.5 g 541.41 739.29 27.6 -2.88 re f BT 10.079 0 0 10.079 569.2499 734.2501 Tm 0 g 0 Tc ( )Tj -52.5526 -1.2382 TD [( )-559.6( )-6917.4( - per share diluted)-20838.7( )]TJ /F13 1 Tf 38.0036 0.0476 TD [($)-166.7(\(18.62)-12.7(\))]TJ /F12 1 Tf 4.6195 -0.0476 TD 0.9168 Tw [( $)-666.8(\(2.27)-12.6(\))-1048.1( )309.6($)-1000.1(1.73)-12.2( )]TJ -42.6231 -1.1192 TD 0 Tw ( )Tj 36.313 0 TD 0.5834 Tc ( )Tj ET 0.5 g 427.65 715.53 27.6 -2.88 re f BT 10.079 0 0 10.079 455.49 710.4901 Tm 0 g 1.1073 Tc [( )523.9( )]TJ ET 0.5 g 485.97 715.53 27.6 -2.88 re f BT 10.079 0 0 10.079 513.8099 710.4901 Tm 0 g 1.1311 Tc [( )523.9( )]TJ ET 0.5 g 541.41 715.53 27.6 -2.88 re f BT 10.079 0 0 10.079 569.2499 710.4901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 708.33 365.76 -11.04 re f BT 10.079 0 0 10.079 39.57 699.2101 Tm 0 g (Average number of shares \(in thousands\))Tj ET 0.934 g 405.57 708.33 166.8 -11.04 re f BT 10.079 0 0 10.079 405.57 699.2101 Tm 0 g ( )Tj -36.313 -1.2382 TD [( )-559.6( )-6917.4( - basic)-25448.3( )-1678.8( )]TJ /F13 1 Tf 38.5037 0.0476 TD (10,117)Tj /F12 1 Tf 2.7622 -0.0476 TD 0.5834 Tw [( )-523.9( 10,073)-12.4( )-547.7( )-23.8( )333.3(10,393)-12.4( )]TJ ET 0.934 g 39.57 684.57 7.92 -12.24 re f BT 10.079 0 0 10.079 39.57 674.2501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 47.73 684.57 72 -12.24 re f BT 10.079 0 0 10.079 47.73 674.2501 Tm 0 g ( )Tj ET 0.934 g 119.97 684.57 285.36 -12.24 re f BT 10.079 0 0 10.079 119.97 674.2501 Tm 0 g ( - diluted)Tj ET 0.934 g 405.57 684.57 8.16 -12.24 re f BT 10.079 0 0 10.079 405.57 674.2501 Tm 0 g ( )Tj ET 0.934 g 413.97 684.57 13.44 -12.24 re f BT 10.079 0 0 10.079 425.01 674.2501 Tm 0 g ( )Tj ET 0.934 g 427.65 684.57 27.6 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 427.65 674.73 Tm 0 g (10,117)Tj ET 0.934 g 455.49 684.57 13.44 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 455.49 674.2501 Tm 0 g ( )Tj ET 0.934 g 469.17 684.57 8.16 -12.24 re f BT 10.079 0 0 10.079 469.17 674.2501 Tm 0 g ( )Tj ET 0.934 g 477.57 684.57 8.16 -12.24 re f BT 10.079 0 0 10.079 477.57 674.2501 Tm 0 g ( )Tj ET 0.934 g 485.97 684.57 27.6 -12.24 re f BT 10.079 0 0 10.079 485.97 674.2501 Tm 0 g (10,073)Tj ET 0.934 g 513.81 684.57 13.68 -12.24 re f BT 10.079 0 0 10.079 513.8099 674.2501 Tm 0 g ( )Tj ET 0.934 g 527.73 684.57 8.4 -12.24 re f BT 10.079 0 0 10.079 527.73 674.2501 Tm 0 g ( )Tj ET 0.934 g 536.37 684.57 4.8 -12.24 re f BT 10.079 0 0 10.079 536.3699 674.2501 Tm 0 g ( )Tj ET 0.934 g 541.41 684.57 27.6 -12.24 re f BT 10.079 0 0 10.079 541.41 674.2501 Tm 0 g (10,439)Tj ET 0.934 g 569.25 684.57 3.12 -12.24 re f BT 10.079 0 0 10.079 569.2499 674.2501 Tm 0 g ( )Tj -52.5526 -1.1191 TD (Operating results from continuing operations)Tj ET 0.934 g 39.57 660.81 7.92 -12.24 re f BT 10.079 0 0 10.079 39.57 650.4901 Tm 0 g ( )Tj ET 0.934 g 47.73 660.81 357.6 -12.24 re f BT 10.079 0 0 10.079 47.73 650.4901 Tm 0 g -0.0001 Tc (EBIT*)Tj ET 0.934 g 405.57 660.81 8.16 -12.24 re f BT 10.079 0 0 10.079 405.57 650.4901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 413.97 660.81 13.44 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 422.61 650.9701 Tm 0 g ($)Tj ET 0.934 g 427.65 660.81 27.6 -12.24 re f BT 10.079 0 0 10.079 439.41 650.9701 Tm 0 g (\(2.8)Tj ET 0.934 g 455.49 660.81 13.44 -12.24 re f BT 10.079 0 0 10.079 455.49 650.9701 Tm 0 g (\))Tj ET 0.934 g 469.17 660.81 8.16 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 469.17 650.4901 Tm 0 g ( )Tj ET 0.934 g 477.57 660.81 8.16 -12.24 re f BT 10.079 0 0 10.079 480.93 650.4901 Tm 0 g ($)Tj ET 0.934 g 485.97 660.81 27.6 -12.24 re f BT 10.079 0 0 10.079 492.69 650.4901 Tm 0 g (\(23.7)Tj ET 0.934 g 513.81 660.81 13.68 -12.24 re f BT 10.079 0 0 10.079 513.8099 650.4901 Tm 0 g (\))Tj ET 0.934 g 527.73 660.81 8.4 -12.24 re f BT 10.079 0 0 10.079 527.73 650.4901 Tm 0 g ( )Tj ET 0.934 g 536.37 660.81 4.8 -12.24 re f BT 10.079 0 0 10.079 536.3699 650.4901 Tm 0 g ($)Tj ET 0.934 g 541.41 660.81 27.6 -12.24 re f BT 10.079 0 0 10.079 551.4899 650.4901 Tm 0 g (31.9)Tj ET 0.934 g 569.25 660.81 3.12 -12.24 re f BT 10.079 0 0 10.079 569.2499 650.4901 Tm 0 g ( )Tj -52.5526 -1.1192 TD ( )Tj 36.313 0 TD 0.5834 Tc ( )Tj ET 0.5 g 427.65 644.25 27.6 -2.88 re f BT 10.079 0 0 10.079 455.49 639.2101 Tm 0 g 1.1073 Tc [( )523.9( )]TJ ET 0.5 g 485.97 644.25 27.6 -2.88 re f BT 10.079 0 0 10.079 513.8099 639.2101 Tm 0 g 1.1311 Tc [( )523.9( )]TJ ET 0.5 g 541.41 644.25 27.6 -2.88 re f BT 10.079 0 0 10.079 569.2499 639.2101 Tm 0 g 0 Tc ( )Tj -52.5526 -1.2382 TD -0.0001 Tc 0.5597 Tw [( EBITDA*)-31337.8( )]TJ /F13 1 Tf 38.0036 0.0476 TD 0 Tc 0 Tw [($)-1000.1(31.1)]TJ /F12 1 Tf 3.2622 -0.0476 TD 1.1073 Tw [( )190.5($)-1666.9(\(.3)-12.4(\))-1048.1( )500.1($)-1000.1(57.3)-12.2( )]TJ -41.2658 -1.1192 TD 0 Tw ( )Tj 36.313 0 TD 0.5834 Tc ( )Tj ET 0.5 g 427.65 620.49 27.6 -2.88 re f BT 10.079 0 0 10.079 455.49 615.4501 Tm 0 g 1.1073 Tc [( )523.9( )]TJ ET 0.5 g 485.97 620.49 27.6 -2.88 re f BT 10.079 0 0 10.079 513.8099 615.4501 Tm 0 g 1.1311 Tc [( )523.9( )]TJ ET 0.5 g 541.41 620.49 27.6 -2.88 re f BT 10.079 0 0 10.079 569.2499 615.4501 Tm 0 g 0 Tc ( )Tj ET 0.5 g 25.65 597.45 100.8 -0.48 re f BT 10.079 0 0 10.079 25.65 585.9301 Tm 0 g [(*)-71.5( )-1416.8(Excludes impairment of mining assets)]TJ /F13 1 Tf 0 -2.5955 TD (Operating Results from Continuing Operations)Tj ET 25.65 558.57 m 229.89 558.57 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 533.85 Tm (The Company had pre-tax income \(loss\), before interest, tax, depreciation and amortization from continuing operations, as follo)Tj 51.1534 0 TD (ws: )Tj 12 0 0 12 39.57 520.8901 Tm 0.75 Tc [( )-28420( )-760( )-440( )-760( )-440( )440( )-480( )]TJ 7.439 0 0 7.439 39.57 510.8101 Tm 1.3631 Tc ( )Tj 49.0708 0 TD 0 Tc ( )Tj /F13 1 Tf 9.3883 0.0323 TD (\(In Millions\))Tj /F12 1 Tf -58.4592 -1.1614 TD 1.3631 Tc ( )Tj 49.0708 0 TD 0 Tc ( )Tj ET 0.5 g 416.61 503.13 155.76 -0.48 re f BT 7.439 0 0 7.439 39.57 493.2901 Tm 0 g 1.3631 Tc ( )Tj 49.0708 0 TD 0 Tc ( )Tj /F13 1 Tf 3.9683 0.0323 TD (2002)Tj /F12 1 Tf 4.4199 -0.0323 TD ( )Tj /F13 1 Tf 3.9683 0.0323 TD (2001)Tj /F12 1 Tf 4.4199 -0.0323 TD ( )Tj /F13 1 Tf 2.6778 0.0323 TD (2000)Tj /F12 1 Tf -68.525 -1.1614 TD 1.3631 Tc ( )Tj 49.0708 0 TD 0 Tc ( )Tj ET 0.5 g 416.61 485.61 50.16 -0.48 re f BT 7.439 0 0 7.439 467.01 484.8901 Tm 0 g ( )Tj ET 0.5 g 479.01 485.61 50.16 -0.48 re f BT 7.439 0 0 7.439 529.41 484.8901 Tm 0 g ( )Tj ET 0.5 g 541.41 485.61 30.96 -0.48 re f 0.934 g 39.57 483.21 364.8 -12.24 re f BT 10.079 0 0 10.079 39.57 472.8901 Tm 0 g (Income \(loss\) from continuing operations)Tj ET 0.934 g 404.61 483.21 11.76 -12.24 re f BT 10.079 0 0 10.079 404.61 472.8901 Tm 0 g ( )Tj ET 0.934 g 416.61 483.21 11.76 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 423.57 473.3701 Tm 0 g ($)Tj ET 0.934 g 428.61 483.21 20.88 -12.24 re f BT 10.079 0 0 10.079 428.61 473.3701 Tm 0 g (\(66.4)Tj ET 0.934 g 449.73 483.21 17.04 -12.24 re f BT 10.079 0 0 10.079 449.73 473.3701 Tm 0 g (\))Tj ET 0.934 g 467.01 483.21 11.76 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.01 472.8901 Tm 0 g ( )Tj ET 0.934 g 479.01 483.21 11.76 -12.24 re f BT 10.079 0 0 10.079 485.97 472.8901 Tm 0 g ($)Tj ET 0.934 g 491.01 483.21 20.88 -12.24 re f BT 10.079 0 0 10.079 491.01 472.8901 Tm 0 g (\(19.5)Tj ET 0.934 g 512.13 483.21 17.04 -12.24 re f BT 10.079 0 0 10.079 512.1299 472.8901 Tm 0 g (\))Tj ET 0.934 g 529.41 483.21 11.76 -12.24 re f BT 10.079 0 0 10.079 529.41 472.8901 Tm 0 g ( )Tj ET 0.934 g 541.41 483.21 6.48 -12.24 re f BT 10.079 0 0 10.079 543.09 472.8901 Tm 0 g ($)Tj ET 0.934 g 548.13 483.21 17.52 -12.24 re f BT 10.079 0 0 10.079 548.1299 472.8901 Tm 0 g (26.7)Tj ET 0.934 g 565.89 483.21 6.48 -12.24 re f BT 10.079 0 0 10.079 565.89 472.8901 Tm 0 g ( )Tj -52.2193 -1.2382 TD [(Income taxes \(credit\))-27721.5( )-1869.2( )]TJ /F13 1 Tf 39.4323 0.0476 TD (9.1)Tj /F12 1 Tf 1.262 -0.0476 TD 1.4644 Tw [( )-404.9( )952.4(\(9.2)-12.5(\))-1381.5( )523.8( )547.6(3.2)-12.1( )]TJ -40.6944 -1.1192 TD 0 Tw ( )Tj 36.2177 0 TD 0.9406 Tc ( )Tj ET 0.5 g 428.61 452.97 20.88 -0.48 re f BT 10.079 0 0 10.079 449.73 449.1301 Tm 0 g 1.4644 Tc [( )523.8( )]TJ ET 0.5 g 491.01 452.97 20.88 -0.48 re f BT 10.079 0 0 10.079 512.1299 449.1301 Tm 0 g [( )523.9( )]TJ ET 0.5 g 548.13 452.97 17.52 -0.48 re f BT 10.079 0 0 10.079 565.89 449.1301 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 446.97 11.76 -12.24 re f BT 10.079 0 0 10.079 39.57 436.6501 Tm 0 g ( )Tj ET 0.934 g 51.57 446.97 352.8 -12.24 re f BT 10.079 0 0 10.079 51.57 436.6501 Tm 0 g (Pre-tax income \(loss\) from continuing operations)Tj ET 0.934 g 404.61 446.97 11.76 -12.24 re f BT 10.079 0 0 10.079 404.61 436.6501 Tm 0 g ( )Tj ET 0.934 g 416.61 446.97 11.76 -12.24 re f BT 10.079 0 0 10.079 425.97 436.6501 Tm 0 g ( )Tj ET 0.934 g 428.61 446.97 20.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 428.61 437.1301 Tm 0 g (\(57.3)Tj ET 0.934 g 449.73 446.97 17.04 -12.24 re f BT 10.079 0 0 10.079 449.73 437.1301 Tm 0 g (\))Tj ET 0.934 g 467.01 446.97 11.76 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.01 436.6501 Tm 0 g ( )Tj ET 0.934 g 479.01 446.97 11.76 -12.24 re f BT 10.079 0 0 10.079 488.37 436.6501 Tm 0 g ( )Tj ET 0.934 g 491.01 446.97 20.88 -12.24 re f BT 10.079 0 0 10.079 491.01 436.6501 Tm 0 g (\(28.7)Tj ET 0.934 g 512.13 446.97 17.04 -12.24 re f BT 10.079 0 0 10.079 512.1299 436.6501 Tm 0 g (\))Tj ET 0.934 g 529.41 446.97 11.76 -12.24 re f BT 10.079 0 0 10.079 529.41 436.6501 Tm 0 g ( )Tj ET 0.934 g 541.41 446.97 6.48 -12.24 re f BT 10.079 0 0 10.079 541.41 436.6501 Tm 0 g ( )Tj ET 0.934 g 548.13 446.97 17.52 -12.24 re f BT 10.079 0 0 10.079 548.1299 436.6501 Tm 0 g (29.9)Tj ET 0.934 g 565.89 446.97 6.48 -12.24 re f BT 10.079 0 0 10.079 565.89 436.6501 Tm 0 g ( )Tj -52.2193 -1.2382 TD [(Impairment of mining assets)-24802.7( )-1869.2( )]TJ /F13 1 Tf 38.9323 0.0476 TD (52.7)Tj /F12 1 Tf 1.7621 -0.0476 TD 0.9406 Tc [( )-523.8( )-904.8( )-523.9( )523.9( )-571.5( )]TJ -40.6944 -1.1192 TD 0 Tc ( )Tj 36.2177 0 TD 0.9406 Tc ( )Tj ET 0.5 g 428.61 416.73 20.88 -0.48 re f BT 10.079 0 0 10.079 449.73 412.8901 Tm 0 g 1.4644 Tc [( )523.8( )]TJ ET 0.5 g 491.01 416.73 20.88 -0.48 re f BT 10.079 0 0 10.079 512.1299 412.8901 Tm 0 g [( )523.9( )]TJ ET 0.5 g 548.13 416.73 17.52 -0.48 re f BT 10.079 0 0 10.079 565.89 412.8901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 410.73 364.8 -12.24 re f BT 10.079 0 0 10.079 39.57 400.4101 Tm 0 g ( )Tj ET 0.934 g 404.61 410.73 11.76 -12.24 re f BT 10.079 0 0 10.079 404.61 400.4101 Tm 0 g ( )Tj ET 0.934 g 416.61 410.73 11.76 -12.24 re f BT 10.079 0 0 10.079 425.97 400.4101 Tm 0 g ( )Tj ET 0.934 g 428.61 410.73 20.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 433.65 400.8901 Tm 0 g (\(4.6)Tj ET 0.934 g 449.73 410.73 17.04 -12.24 re f BT 10.079 0 0 10.079 449.73 400.8901 Tm 0 g (\))Tj ET 0.934 g 467.01 410.73 11.76 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.01 400.4101 Tm 0 g ( )Tj ET 0.934 g 479.01 410.73 11.76 -12.24 re f BT 10.079 0 0 10.079 488.37 400.4101 Tm 0 g ( )Tj ET 0.934 g 491.01 410.73 20.88 -12.24 re f BT 10.079 0 0 10.079 491.01 400.4101 Tm 0 g (\(28.7)Tj ET 0.934 g 512.13 410.73 17.04 -12.24 re f BT 10.079 0 0 10.079 512.1299 400.4101 Tm 0 g (\))Tj ET 0.934 g 529.41 410.73 11.76 -12.24 re f BT 10.079 0 0 10.079 529.41 400.4101 Tm 0 g ( )Tj ET 0.934 g 541.41 410.73 6.48 -12.24 re f BT 10.079 0 0 10.079 541.41 400.4101 Tm 0 g ( )Tj ET 0.934 g 548.13 410.73 17.52 -12.24 re f BT 10.079 0 0 10.079 548.1299 400.4101 Tm 0 g (29.9)Tj ET 0.934 g 565.89 410.73 6.48 -12.24 re f BT 10.079 0 0 10.079 565.89 400.4101 Tm 0 g ( )Tj -52.2193 -1.2382 TD [(Interest expense)-29748.3( )-1869.2( )]TJ /F13 1 Tf 39.4323 0.0476 TD (6.6)Tj /F12 1 Tf 1.262 -0.0476 TD 0.9406 Tw [( )-523.8( )-833.4(8.8)-12.1( )-523.9( )23.8(4.9)-12.1( )]TJ ET 0.934 g 39.57 385.77 364.8 -12.24 re f BT 10.079 0 0 10.079 39.57 375.4501 Tm 0 g 0 Tw (Interest income)Tj ET 0.934 g 404.61 385.77 11.76 -12.24 re f BT 10.079 0 0 10.079 404.61 375.4501 Tm 0 g ( )Tj ET 0.934 g 416.61 385.77 11.76 -12.24 re f BT 10.079 0 0 10.079 425.97 375.4501 Tm 0 g ( )Tj ET 0.934 g 428.61 385.77 20.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 433.65 375.9301 Tm 0 g (\(4.8)Tj ET 0.934 g 449.73 385.77 17.04 -12.24 re f BT 10.079 0 0 10.079 449.73 375.9301 Tm 0 g (\))Tj ET 0.934 g 467.01 385.77 11.76 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.01 375.4501 Tm 0 g ( )Tj ET 0.934 g 479.01 385.77 11.76 -12.24 re f BT 10.079 0 0 10.079 488.37 375.4501 Tm 0 g ( )Tj ET 0.934 g 491.01 385.77 20.88 -12.24 re f BT 10.079 0 0 10.079 496.05 375.4501 Tm 0 g (\(3.8)Tj ET 0.934 g 512.13 385.77 17.04 -12.24 re f BT 10.079 0 0 10.079 512.1299 375.4501 Tm 0 g (\))Tj ET 0.934 g 529.41 385.77 11.76 -12.24 re f BT 10.079 0 0 10.079 529.41 375.4501 Tm 0 g ( )Tj ET 0.934 g 541.41 385.77 6.48 -12.24 re f BT 10.079 0 0 10.079 545.4899 375.4501 Tm 0 g ( )Tj ET 0.934 g 548.13 385.77 17.52 -12.24 re f BT 10.079 0 0 10.079 549.8099 375.4501 Tm 0 g (\(2.9)Tj ET 0.934 g 565.89 385.77 6.48 -12.24 re f BT 10.079 0 0 10.079 565.89 375.4501 Tm 0 g (\))Tj -52.2193 -1.1192 TD ( )Tj 36.2177 0 TD 0.9406 Tc ( )Tj ET 0.5 g 428.61 368.01 20.88 -0.48 re f BT 10.079 0 0 10.079 449.73 364.1701 Tm 0 g 1.4644 Tc [( )523.8( )]TJ ET 0.5 g 491.01 368.01 20.88 -0.48 re f BT 10.079 0 0 10.079 512.1299 364.1701 Tm 0 g [( )523.9( )]TJ ET 0.5 g 548.13 368.01 17.52 -0.48 re f BT 10.079 0 0 10.079 565.89 364.1701 Tm 0 g 0 Tc ( )Tj -52.2193 -1.2382 TD [( )-940.6(Earnings \(loss\) before interest and taxes \()]TJ /F2 1 Tf 17.7961 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (EBIT)Tj /F2 1 Tf 2.2218 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD 14.9789 Tc -13.1097 Tw (\) )Tj /F13 1 Tf 18.1932 0.0476 TD 0 Tc 0 Tw [(\(2.8)-12.5(\))]TJ /F12 1 Tf 3.3098 -0.0476 TD 1.8693 Tw [( )1857.4(\(23.7)-12.6(\))-1381.5( )928.7( )1452.6(31.9)-12.2( )]TJ ET 0.934 g 39.57 349.53 364.8 -12.24 re f BT 10.079 0 0 10.079 39.57 339.2101 Tm 0 g 0 Tw (Depreciation and amortization)Tj ET 0.934 g 404.61 349.53 11.76 -12.24 re f BT 10.079 0 0 10.079 404.61 339.2101 Tm 0 g ( )Tj ET 0.934 g 416.61 349.53 11.76 -12.24 re f BT 10.079 0 0 10.079 425.97 339.2101 Tm 0 g ( )Tj ET 0.934 g 428.61 349.53 20.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 431.97 339.6901 Tm 0 g (33.9)Tj ET 0.934 g 449.73 349.53 17.04 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 449.73 339.2101 Tm 0 g ( )Tj ET 0.934 g 467.01 349.53 11.76 -12.24 re f BT 10.079 0 0 10.079 467.01 339.2101 Tm 0 g ( )Tj ET 0.934 g 479.01 349.53 11.76 -12.24 re f BT 10.079 0 0 10.079 479.01 339.2101 Tm 0 g ( )Tj ET 0.934 g 491.01 349.53 20.88 -12.24 re f BT 10.079 0 0 10.079 494.37 339.2101 Tm 0 g (23.4)Tj ET 0.934 g 512.13 349.53 17.04 -12.24 re f BT 10.079 0 0 10.079 512.1299 339.2101 Tm 0 g ( )Tj ET 0.934 g 529.41 349.53 11.76 -12.24 re f BT 10.079 0 0 10.079 529.41 339.2101 Tm 0 g ( )Tj ET 0.934 g 541.41 349.53 6.48 -12.24 re f BT 10.079 0 0 10.079 541.41 339.2101 Tm 0 g ( )Tj ET 0.934 g 548.13 349.53 17.52 -12.24 re f BT 10.079 0 0 10.079 548.1299 339.2101 Tm 0 g (25.4)Tj ET 0.934 g 565.89 349.53 6.48 -12.24 re f BT 10.079 0 0 10.079 565.89 339.2101 Tm 0 g ( )Tj -52.2193 -1.1192 TD ( )Tj 36.2177 0 TD 0.9406 Tc ( )Tj ET 0.5 g 428.61 331.77 20.88 -0.48 re f BT 10.079 0 0 10.079 449.73 327.9301 Tm 0 g 1.4644 Tc [( )523.8( )]TJ ET 0.5 g 491.01 331.77 20.88 -0.48 re f BT 10.079 0 0 10.079 512.1299 327.9301 Tm 0 g [( )523.9( )]TJ ET 0.5 g 548.13 331.77 17.52 -0.48 re f BT 10.079 0 0 10.079 565.89 327.9301 Tm 0 g 0 Tc ( )Tj -52.2193 -1.2382 TD [( )-940.6(Earnings \(loss\) before interest, taxes, depreciation and amortization \()]TJ /F2 1 Tf 28.7931 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (EBITDA)Tj /F2 1 Tf 3.6657 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD 2.5381 Tc (\) )Tj /F13 1 Tf 4.7522 0.0476 TD 0 Tc [($)-333.4(31.1)]TJ /F12 1 Tf 2.5955 -0.0476 TD 1.4644 Tw [( )-166.7($)-1000.1(\(.3)-12.4(\))-1381.5( )357.1($57.3)-12.2( )]TJ -40.6944 -1.1192 TD 0 Tw ( )Tj 36.2177 0 TD 0.9406 Tc ( )Tj ET 0.5 g 428.61 309.21 20.88 -2.88 re f BT 10.079 0 0 10.079 449.73 304.1701 Tm 0 g 1.4644 Tc [( )523.8( )]TJ ET 0.5 g 491.01 309.21 20.88 -2.88 re f BT 10.079 0 0 10.079 512.1299 304.1701 Tm 0 g [( )523.9( )]TJ ET 0.5 g 548.13 309.21 17.52 -2.88 re f BT 10.079 0 0 10.079 565.89 304.1701 Tm 0 g 0 Tc ( )Tj -53.6003 -2.524 TD (EBIT and EBITDA are non-GAAP measures utilized by management to measure operating performance. )Tj 27.3359 -2.6907 TD (16)Tj ET endstreamendobj46 0 obj<< /Type /Page /Parent 245 0 R /Resources 47 0 R /Contents 48 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj47 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj48 0 obj<< /Length 14059 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -607.92 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F13 1 Tf 10.079 0 0 10.079 25.65 952.41 Tm (2002 Versus 2001)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 951.21 m 100.77 951.21 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 926.4901 Tm (The net loss for the year 2002 was $188.3 million, or $18.62 per share, including a loss of $108.5 million from a discontinued )Tj 50.6024 0 TD (operation, )Tj -50.6024 -1.1191 TD (a $13.4 million cumulative effect charge related to a change in the Company)Tj /F2 1 Tf 30.6302 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s accounting method for recognizing estimated future mine )Tj -30.9632 -1.1192 TD (closure obligations, and a $52.7 million charge for the impairment of mining assets. The net loss in 2001 of $22.9 million, or )Tj 50.1875 0 TD ($2.27 per )Tj -50.1875 -1.1192 TD (share, included a loss from the discontinued operation of $12.7 million and an after-tax credit to income of $9.3 million \($14.)Tj 50.1565 0 TD (3 million )Tj -50.1565 -1.1192 TD (pre-tax\) related to a change in the Company)Tj /F2 1 Tf 17.5774 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s accounting method for recognizing gains and losses on pension investments. )Tj -17.9104 -2.524 TD (The loss before asset impairment, discontinued operation and the cumulative effect of accounting changes was $13.7 million in 2)Tj 51.6543 0 TD (002 )Tj -51.6543 -1.1192 TD (versus $19.5 million in 2001. The $5.8 million lower loss reflected improved pre-tax results of $24.1 million partially offset )Tj 49.8535 0 TD (by increased )Tj -49.8535 -1.1192 TD (income tax expense, primarily due to establishing a deferred tax valuation allowance in 2002. The improved pre-tax results larg)Tj 51.0414 0 TD (ely )Tj -51.0414 -1.1192 TD (reflect higher sales margins, as follows: )Tj 12 0 0 12 67.65 809.13 Tm 0.53 Tc [( )20( )20( )-20640( )20( )-1120( )-60( )60( )-1120( )-380( )-1120( )400( )-800( )]TJ 7.439 0 0 7.439 67.65 799.05 Tm 0.976 Tc ( )Tj 37.0048 0 TD 0 Tc ( )Tj /F13 1 Tf 11.4531 0.0323 TD (\(In Millions\))Tj /F12 1 Tf -48.4579 -1.1614 TD 0.976 Tc ( )Tj 37.0048 0 TD 0 Tc ( )Tj ET 0.5 g 352.05 791.37 192.24 -0.48 re f BT 7.439 0 0 7.439 67.65 781.53 Tm 0 g 0.976 Tc ( )Tj 37.0048 0 TD 1.0082 Tc [( )32.2( )-1806.7( )-96.8( )96.8( )-1806.7( )-613( )]TJ /F13 1 Tf 17.099 0.0323 TD 0 Tc (Increase \(Decrease\))Tj /F12 1 Tf -54.1037 -1.1614 TD 0.976 Tc ( )Tj 37.0048 0 TD 1.0082 Tc [( )32.2( )-1806.7( )-96.8( )96.8( )-1806.7( )-613( )]TJ ET 0.5 g 458.37 773.85 85.92 -0.48 re f BT 7.439 0 0 7.439 67.65 764.01 Tm 0 g 0.976 Tc ( )Tj 37.0048 0 TD 0 Tc ( )Tj /F13 1 Tf 3.0326 0.0323 TD (2002)Tj /F12 1 Tf 3.8715 -0.0323 TD ( )Tj /F13 1 Tf 3.2262 0.0323 TD (2001)Tj /F12 1 Tf 4.1296 -0.0323 TD ( )Tj /F13 1 Tf 2.2906 0.0323 TD (Amount)Tj /F12 1 Tf 4.549 -0.0323 TD ( )Tj /F13 1 Tf 1.968 0.0323 TD (Percent)Tj /F12 1 Tf -60.0723 -1.1614 TD 0.976 Tc ( )Tj 37.0048 0 TD 0 Tc ( )Tj ET 0.5 g 352.05 756.33 42 -0.48 re f BT 7.439 0 0 7.439 394.29 755.61 Tm 0 g ( )Tj ET 0.5 g 402.93 756.33 45.84 -0.48 re f BT 7.439 0 0 7.439 449.01 755.61 Tm 0 g ( )Tj ET 0.5 g 458.37 756.33 41.28 -0.48 re f BT 7.439 0 0 7.439 499.89 755.61 Tm 0 g ( )Tj ET 0.5 g 509.25 756.33 35.04 -0.48 re f 0.934 g 67.65 753.93 275.04 -12.24 re f BT 10.079 0 0 10.079 67.65 743.61 Tm 0 g (Iron ore pellet sales \(tons\))Tj ET 0.934 g 342.93 753.93 8.88 -12.24 re f BT 10.079 0 0 10.079 342.93 743.61 Tm 0 g ( )Tj ET 0.934 g 352.05 753.93 9.12 -12.24 re f BT 10.079 0 0 10.079 358.77 743.61 Tm 0 g ( )Tj ET 0.934 g 361.41 753.93 22.56 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 366.45 744.0901 Tm 0 g (14.7)Tj ET 0.934 g 384.21 753.93 9.84 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 384.21 743.61 Tm 0 g ( )Tj ET 0.934 g 394.29 753.93 8.4 -12.24 re f BT 10.079 0 0 10.079 394.29 743.61 Tm 0 g ( )Tj ET 0.934 g 402.93 753.93 9.12 -12.24 re f BT 10.079 0 0 10.079 402.93 743.61 Tm 0 g ( )Tj ET 0.934 g 412.29 753.93 22.56 -12.24 re f BT 10.079 0 0 10.079 422.37 743.61 Tm 0 g (8.4)Tj ET 0.934 g 435.09 753.93 13.68 -12.24 re f BT 10.079 0 0 10.079 435.09 743.61 Tm 0 g ( )Tj ET 0.934 g 449.01 753.93 9.12 -12.24 re f BT 10.079 0 0 10.079 449.01 743.61 Tm 0 g ( )Tj ET 0.934 g 458.37 753.93 9.12 -12.24 re f BT 10.079 0 0 10.079 458.37 743.61 Tm 0 g ( )Tj ET 0.934 g 467.73 753.93 22.56 -12.24 re f BT 10.079 0 0 10.079 477.81 743.61 Tm 0 g (6.3)Tj ET 0.934 g 490.53 753.93 9.12 -12.24 re f BT 10.079 0 0 10.079 490.53 743.61 Tm 0 g ( )Tj ET 0.934 g 499.89 753.93 9.12 -12.24 re f BT 10.079 0 0 10.079 499.89 743.61 Tm 0 g ( )Tj ET 0.934 g 509.25 753.93 4.32 -12.24 re f BT 10.079 0 0 10.079 511.17 743.61 Tm 0 g ( )Tj ET 0.934 g 513.81 753.93 18.72 -12.24 re f BT 10.079 0 0 10.079 522.6899 743.61 Tm 0 g (75)Tj ET 0.934 g 532.77 753.93 11.52 -12.24 re f BT 10.079 0 0 10.079 532.77 743.61 Tm 0 g (%)Tj -46.1473 -1.1191 TD 27.0621 Tc [( )26407.2( )]TJ ET 0.5 g 361.41 737.37 22.56 -2.88 re f BT 10.079 0 0 10.079 384.21 732.3301 Tm 0 g 0.7501 Tc [( )142.9( )]TJ ET 0.5 g 412.29 737.37 22.56 -2.88 re f BT 10.079 0 0 10.079 435.09 732.3301 Tm 0 g 1.1311 Tc [( )452.4( )]TJ ET 0.5 g 467.73 737.37 22.56 -2.88 re f BT 10.079 0 0 10.079 490.53 732.3301 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 513.81 737.37 18.72 -2.88 re f BT 10.079 0 0 10.079 532.77 732.3301 Tm 0 g 0 Tc ( )Tj -46.1473 -1.2382 TD [(Revenues from iron ore sales and services*)-9984.6( )]TJ /F13 1 Tf 28.6456 0.0476 TD ($510.8)Tj /F12 1 Tf 2.7622 -0.0476 TD 0.7501 Tw [( )-285.7($301.5)-12.3( )-381( )-357.2($209.3)-12.3( )71.4( )-119( )-142.9(69%)]TJ ET 0.934 g 67.65 717.69 275.04 -13.2 re f BT 10.079 0 0 10.079 67.65 706.41 Tm 0 g 0 Tw (Cost of goods sold and operating expenses* )Tj ET 0.934 g 342.93 717.69 201.36 -13.2 re f BT 12 0 0 12 342.93 706.8901 Tm 0 g ( )Tj 10.079 0 0 10.079 67.65 693.9301 Tm 0.6548 Tw [( Total)-24296.4( )-666.8( )]TJ /F13 1 Tf 29.1456 0.0476 TD 0 Tw (507.1)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.6787 Tw [( )-71.4( )71.5( 340.9)-12.3( )-452.4( 166.2)-12.3( )-190.4( )-214.3(49%)]TJ ET 0.934 g 67.65 691.77 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 681.4501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 691.77 265.92 -12.24 re f BT 10.079 0 0 10.079 76.77 681.4501 Tm 0 g (Costs of production curtailments)Tj ET 0.934 g 342.93 691.77 8.88 -12.24 re f BT 10.079 0 0 10.079 342.93 681.4501 Tm 0 g ( )Tj ET 0.934 g 352.05 691.77 9.12 -12.24 re f BT 10.079 0 0 10.079 358.77 681.4501 Tm 0 g ( )Tj ET 0.934 g 361.41 691.77 22.56 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 366.45 681.9301 Tm 0 g (20.6)Tj ET 0.934 g 384.21 691.77 9.84 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 384.21 681.4501 Tm 0 g ( )Tj ET 0.934 g 394.29 691.77 8.4 -12.24 re f BT 10.079 0 0 10.079 394.29 681.4501 Tm 0 g ( )Tj ET 0.934 g 402.93 691.77 9.12 -12.24 re f BT 10.079 0 0 10.079 402.93 681.4501 Tm 0 g ( )Tj ET 0.934 g 412.29 691.77 22.56 -12.24 re f BT 10.079 0 0 10.079 417.33 681.4501 Tm 0 g (48.0)Tj ET 0.934 g 435.09 691.77 13.68 -12.24 re f BT 10.079 0 0 10.079 435.09 681.4501 Tm 0 g ( )Tj ET 0.934 g 449.01 691.77 9.12 -12.24 re f BT 10.079 0 0 10.079 449.01 681.4501 Tm 0 g ( )Tj ET 0.934 g 458.37 691.77 9.12 -12.24 re f BT 10.079 0 0 10.079 465.09 681.4501 Tm 0 g ( )Tj ET 0.934 g 467.73 691.77 22.56 -12.24 re f BT 10.079 0 0 10.079 469.41 681.4501 Tm 0 g (\(27.4)Tj ET 0.934 g 490.53 691.77 9.12 -12.24 re f BT 10.079 0 0 10.079 490.53 681.4501 Tm 0 g (\))Tj ET 0.934 g 499.89 691.77 9.12 -12.24 re f BT 10.079 0 0 10.079 499.89 681.4501 Tm 0 g ( )Tj ET 0.934 g 509.25 691.77 4.32 -12.24 re f BT 10.079 0 0 10.079 511.17 681.4501 Tm 0 g ( )Tj ET 0.934 g 513.81 691.77 18.72 -12.24 re f BT 10.079 0 0 10.079 519.33 681.4501 Tm 0 g (\(57)Tj ET 0.934 g 532.77 691.77 11.52 -12.24 re f BT 10.079 0 0 10.079 532.77 681.4501 Tm 0 g (\)%)Tj -46.1473 -1.1192 TD 27.0621 Tc [( )26407.2( )]TJ ET 0.5 g 361.41 674.01 22.56 -0.48 re f BT 10.079 0 0 10.079 384.21 670.17 Tm 0 g 0.7501 Tc [( )142.9( )]TJ ET 0.5 g 412.29 674.01 22.56 -0.48 re f BT 10.079 0 0 10.079 435.09 670.17 Tm 0 g 1.1311 Tc [( )452.4( )]TJ ET 0.5 g 467.73 674.01 22.56 -0.48 re f BT 10.079 0 0 10.079 490.53 670.17 Tm 0 g 0.6787 Tc [( )476.3( )-952.4( )]TJ -41.9564 -1.2382 TD 0 Tc [( )-654.8(Excluding costs of production curtailments)-9187.8( )-1321.6( )]TJ /F13 1 Tf 29.1456 0.0476 TD (486.5)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.6787 Tw [( )-71.4( )71.5( 292.9)-12.3( )-452.4( )-428.6($193.6)-12.3( )-190.4( )-214.3(66%)]TJ -31.4078 -1.1192 TD 27.0621 Tc 0 Tw [( )26407.2( )]TJ ET 0.5 g 361.41 650.25 22.56 -0.48 re f BT 10.079 0 0 10.079 384.21 646.41 Tm 0 g 0.7501 Tc [( )142.9( )]TJ ET 0.5 g 412.29 650.25 22.56 -0.48 re f BT 10.079 0 0 10.079 435.09 646.41 Tm 0 g 1.1311 Tc [( )452.4( )]TJ ET 0.5 g 467.73 650.25 22.56 -0.48 re f BT 10.079 0 0 10.079 490.53 646.41 Tm 0 g 0.6787 Tc [( )476.3( )-952.4( )]TJ ET 0.934 g 67.65 644.25 275.04 -13.2 re f BT 10.079 0 0 10.079 67.65 632.9701 Tm 0 g 0 Tc (Sales margin \(loss\))Tj ET 0.934 g 342.93 644.25 201.36 -13.2 re f BT 12 0 0 12 342.93 633.4501 Tm 0 g ( )Tj 10.079 0 0 10.079 67.65 620.4901 Tm 0.6548 Tw [( Total)-24296.4( )]TJ /F13 1 Tf 28.6456 0.0476 TD 0 Tw [($)-1000.1(3.7)]TJ /F12 1 Tf 2.7622 -0.0476 TD 0.6787 Tw [( )-71.4( )-357.1($)-166.7(\(39.4)-12.6(\))-1048.1( )-428.6($)-500.1(43.1)-12.2( )476.3(N/M)7.8( )]TJ -31.4078 -1.1192 TD 27.0621 Tc 0 Tw [( )26407.2( )]TJ ET 0.5 g 361.41 614.25 22.56 -2.88 re f BT 10.079 0 0 10.079 384.21 609.2101 Tm 0 g 0.7501 Tc [( )142.9( )]TJ ET 0.5 g 412.29 614.25 22.56 -2.88 re f BT 10.079 0 0 10.079 435.09 609.2101 Tm 0 g 1.1311 Tc [( )452.4( )]TJ ET 0.5 g 467.73 614.25 22.56 -2.88 re f BT 10.079 0 0 10.079 490.53 609.2101 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 513.81 614.25 18.72 -2.88 re f BT 10.079 0 0 10.079 532.77 609.2101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 607.05 8.88 -11.04 re f BT 10.079 0 0 10.079 67.65 597.9301 Tm 0 g ( )Tj ET 0.934 g 76.77 607.05 265.92 -11.04 re f BT 10.079 0 0 10.079 76.77 597.9301 Tm 0 g (Excluding costs of production curtailments)Tj -0.9048 -1.2382 TD 0.6548 Tw [( Amount)-22224.7( )]TJ /F13 1 Tf 28.6456 0.0476 TD 0 Tw [($)-500.1(24.3)]TJ /F12 1 Tf 2.7622 -0.0476 TD 0.7501 Tw [( )-285.7($)-1000.1(8.6)-12.1( )-381( )-357.2($)-500.1(15.7)-12.2( )71.4( )-119( )357.2(182%)]TJ -31.4078 -1.1192 TD 27.0621 Tc 0 Tw [( )26407.2( )]TJ ET 0.5 g 361.41 579.21 22.56 -2.88 re f BT 10.079 0 0 10.079 384.21 574.17 Tm 0 g 0.7501 Tc [( )142.9( )]TJ ET 0.5 g 412.29 579.21 22.56 -2.88 re f BT 10.079 0 0 10.079 435.09 574.17 Tm 0 g 1.1311 Tc [( )452.4( )]TJ ET 0.5 g 467.73 579.21 22.56 -2.88 re f BT 10.079 0 0 10.079 490.53 574.17 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 513.81 579.21 18.72 -2.88 re f BT 10.079 0 0 10.079 532.77 574.17 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 572.01 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 561.6901 Tm 0 g ( )Tj ET 0.934 g 76.77 572.01 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 561.6901 Tm 0 g ( )Tj ET 0.934 g 85.89 572.01 256.8 -12.24 re f BT 10.079 0 0 10.079 85.89 561.6901 Tm 0 g (Percent of revenues)Tj ET 0.934 g 342.93 572.01 8.88 -12.24 re f BT 10.079 0 0 10.079 342.93 561.6901 Tm 0 g ( )Tj ET 0.934 g 352.05 572.01 9.12 -12.24 re f BT 10.079 0 0 10.079 358.77 561.6901 Tm 0 g ( )Tj ET 0.934 g 361.41 572.01 22.56 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 371.49 562.17 Tm 0 g (4.8)Tj ET 0.934 g 384.21 572.01 9.84 -12.24 re f BT 10.079 0 0 10.079 384.21 562.17 Tm 0 g (%)Tj ET 0.934 g 394.29 572.01 8.4 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 394.29 561.6901 Tm 0 g ( )Tj ET 0.934 g 402.93 572.01 9.12 -12.24 re f BT 10.079 0 0 10.079 409.65 561.6901 Tm 0 g ( )Tj ET 0.934 g 412.29 572.01 22.56 -12.24 re f BT 10.079 0 0 10.079 422.37 561.6901 Tm 0 g (2.9)Tj ET 0.934 g 435.09 572.01 13.68 -12.24 re f BT 10.079 0 0 10.079 435.09 561.6901 Tm 0 g (%)Tj ET 0.934 g 449.01 572.01 9.12 -12.24 re f BT 10.079 0 0 10.079 449.01 561.6901 Tm 0 g ( )Tj ET 0.934 g 458.37 572.01 9.12 -12.24 re f BT 10.079 0 0 10.079 465.09 561.6901 Tm 0 g ( )Tj ET 0.934 g 467.73 572.01 22.56 -12.24 re f BT 10.079 0 0 10.079 477.81 561.6901 Tm 0 g (1.9)Tj ET 0.934 g 490.53 572.01 9.12 -12.24 re f BT 10.079 0 0 10.079 490.53 561.6901 Tm 0 g (%)Tj ET 0.934 g 499.89 572.01 9.12 -12.24 re f BT 10.079 0 0 10.079 499.89 561.6901 Tm 0 g ( )Tj ET 0.934 g 509.25 572.01 4.32 -12.24 re f BT 10.079 0 0 10.079 509.2499 561.6901 Tm 0 g ( )Tj ET 0.934 g 513.81 572.01 18.72 -12.24 re f BT 10.079 0 0 10.079 513.8099 561.6901 Tm 0 g ( )Tj ET 0.934 g 532.77 572.01 11.52 -12.24 re f BT 10.079 0 0 10.079 532.77 561.6901 Tm 0 g ( )Tj -46.1473 -1.1192 TD 27.0621 Tc [( )26407.2( )]TJ ET 0.5 g 361.41 555.45 22.56 -2.88 re f BT 10.079 0 0 10.079 384.21 550.41 Tm 0 g 0.7501 Tc [( )142.9( )]TJ ET 0.5 g 412.29 555.45 22.56 -2.88 re f BT 10.079 0 0 10.079 435.09 550.41 Tm 0 g 1.1311 Tc [( )452.4( )]TJ ET 0.5 g 467.73 555.45 22.56 -2.88 re f BT 10.079 0 0 10.079 490.53 550.41 Tm 0 g 0.6787 Tc [( )476.3( )-952.4( )]TJ ET 0.5 g 25.65 532.41 100.8 -0.48 re f BT 10.079 0 0 10.079 25.65 520.8901 Tm 0 g 0 Tc [(*)-71.5( )-1416.8(Excludes revenues and expenses of $75.6 million and $17.8 million in 2002 and 2001, respectively, related to freight and mino)]TJ 53.0337 0 TD (rity )Tj -50.7954 -1.1192 TD (interest.)Tj -2.2383 -2.6907 TD (Revenues from Iron Ore Sales and Services)Tj ET 25.65 481.29 m 202.77 481.29 l S BT 10.079 0 0 10.079 25.65 456.5701 Tm (Revenues from iron ore sales and services were $510.8 million in 2002, an increase of $209.3 million or 69 percent, from revenu)Tj 51.5693 0 TD (es of )Tj -51.5693 -1.1191 TD ($301.5 million in 2001. The increase was mainly due to the 6.3 million ton, or 75 percent, increase in pellet sales volume in 2)Tj 50.2134 0 TD (002. The )Tj -50.2134 -1.1192 TD (14.7 million tons sold in 2002 was a record, surpassing the previous record of 12.1 million tons of North American iron ore pel)Tj 50.8514 0 TD (lets sold )Tj -50.8514 -1.1192 TD (in 1998. The six largest customers accounted for 78 percent of total sales. Sales under new contracts with ISG and Algoma equal)Tj 51.5693 0 TD (ed )Tj -51.5693 -1.1192 TD (36 percent of total revenues. )Tj 27.3359 -2.6907 TD (17)Tj ET endstreamendobj49 0 obj<< /Type /Page /Parent 245 0 R /Resources 50 0 R /Contents 51 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj50 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj51 0 obj<< /Length 4591 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -532.08 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 (Cost of Goods Sold and Operating Expenses)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 952.17 m 206.37 952.17 l S BT 10.079 0 0 10.079 25.65 927.6901 Tm (Cost of goods sold and operating expenses totaled $507.1 million in 2002, an increase of $166.2 million, or 49 percent, from )Tj 0 -1.1192 TD ($340.9 million in 2001. Excluding fixed costs related to production curtailments, 2002 costs and expenses were $193.6 million, )Tj 51.2424 0 TD (or )Tj -51.2424 -1.1192 TD (66 percent, higher than 2001, due to higher sales volume. )Tj 0 -2.524 TD (Sales Margin \(Loss\))Tj ET 25.65 878.73 m 107.73 878.73 l S BT 10.079 0 0 10.079 25.65 854.25 Tm (Sales margin in 2002 was $3.7 million compared to a negative sales margin of $39.4 million in 2001. Excluding fixed costs relat)Tj 51.4363 0 TD (ed to )Tj -51.4363 -1.1192 TD (production curtailments, the sales margin was $24.3 million, or 4.8 percent of revenues in 2002, versus $8.6 million or 2.9 per)Tj 50.4624 0 TD (cent of )Tj -50.4624 -1.1191 TD (revenues, in 2001. The improved sales margin in 2002 reflected operating at a higher percent of capacity and lower costs exclud)Tj 51.2614 0 TD (ing the )Tj -51.2614 -1.1192 TD (impact of production curtailments. )Tj 0 -2.5241 TD (Other Revenues)Tj ET 25.65 794.01 m 90.69 794.01 l S BT 10.079 0 0 10.079 25.65 769.53 Tm ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(Royalties and management fees from partners were $12.2 million in 2002, a decrease of $17.6 million from 2001. The decrease )]TJ 1.3811 -1.1191 TD (in these revenues, which results from Cliffs)Tj /F2 1 Tf 17.4124 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( strategy of converting mine partners into customers, was largely attributable to the )Tj -17.7454 -1.1192 TD (acquisition of Algoma)Tj /F2 1 Tf 8.9432 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s 45 percent interest in the Tilden Mine in 2002. The loss of LTV as a partner in Empire and reduced )Tj -9.2762 -1.1192 TD (production at Empire in 2002 also contributed to the decrease.)Tj -3.0479 -1.1192 TD ( )Tj T* ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(Interest income of $4.8 million in 2002 was $1.0 million above 2001 income of $3.8 million. The increase reflected higher )]TJ 1.3811 -1.1192 TD (average cash balances in 2002 and interest earned on )Tj /F2 1 Tf 21.4081 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Long-term receivables)Tj /F2 1 Tf 9.0242 0 TD ()Tj /F12 1 Tf 0.444 0 TD (. Partly offsetting was the impact of lower short-)Tj -31.3202 -1.1192 TD (term interest rates in 2002.)Tj -3.0479 -1.1192 TD ( )Tj T* ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(Insurance recoveries in 2002 include a $1.8 million insurance recovery on a 1999 business interruption claim relating to the l)]TJ 51.3686 0 TD (oss )Tj -49.9875 -1.1192 TD (of more than one million tons of pellet sales to Rouge as a result of an explosion at the power plant that supplied Rouge. This)Tj 50.1305 0 TD ( )Tj -50.1305 -1.1191 TD (finalizes the claim, resulting in a total recovery of $17.5 million, of which $15.3 million occurred in 2000 and $.4 million in)Tj 49.6035 0 TD ( )Tj -49.6035 -1.1192 TD (2001. Additionally, in 2002 the Company settled with an insurance provider covering certain environmental sites, resulting in a)Tj 50.9904 0 TD ( )Tj -50.9904 -1.1192 TD ($1.7 million recovery.)Tj -3.0479 -2.5241 TD (Administrative, Selling and General Expenses)Tj ET 25.65 596.49 m 213.57 596.49 l S BT 10.079 0 0 10.079 25.65 572.0101 Tm (Administrative, selling and general expenses were $23.8 million in 2002, an increase of $8.6 million from expenses of $15.2 mil)Tj 51.4343 0 TD (lion in )Tj -51.4343 -1.1192 TD (2001. The increase in 2002 expenses was mainly due to higher pension expense, increased medical and other post-retirement benef)Tj 52.4282 0 TD (its, )Tj -52.4282 -1.1191 TD (and higher incentive compensation, including the effects of the Company)Tj /F2 1 Tf 29.3263 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s common stock price. )Tj -29.6593 -2.5241 TD (Other Expenses)Tj ET 25.65 523.05 m 89.49 523.05 l S BT 10.079 0 0 10.079 25.65 498.5701 Tm ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(Interest expense was $6.6 million in 2002, a decrease of $2.2 million from 2001 interest expense of $8.8 million. The decrease)]TJ 52.0075 0 TD ( )Tj -50.6264 -1.1192 TD (was due to lower interest rates and lower)Tj 24.288 -2.6907 TD (18)Tj ET endstreamendobj52 0 obj<< /Type /Page /Parent 245 0 R /Resources 53 0 R /Contents 54 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj53 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj54 0 obj<< /Length 5178 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -545.52 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 (average borrowings under the revolving credit facility, which was terminated in October 2002. Both years include $4.9 million o)Tj 51.5153 0 TD (f interest )Tj -51.5153 -1.2858 TD (expense on the senior unsecured notes.)Tj 0 -2.5717 TD ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(Other expenses were $8.6 million in 2002, a decrease of $.5 million from 2001 expenses of $9.1 million. The decrease was )]TJ 1.3811 -1.1192 TD (primarily due to lower restructuring activities in 2002, partly offset by costs related to the Mesabi Nugget Project in 2002.)Tj -3.0479 -2.524 TD (Income Taxes)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 876.57 m 83.01 876.57 l S BT 10.079 0 0 10.079 25.65 852.09 Tm (The Company uses the liability method whereby income taxes are recognized during the year in which transactions enter into the )Tj 0 -1.1192 TD (determination of financial statement income or loss. Deferred tax assets and liabilities are recognized for the expected future)Tj 49.7615 0 TD ( tax )Tj -49.7615 -1.1192 TD (consequences of temporary differences between financial statement and tax basis of assets and liabilities. The Company assesses)Tj 51.5123 0 TD ( the )Tj -51.5123 -1.1192 TD (recoverability of its deferred tax assets in accordance with the provisions of SFAS No. 109. The Company is required to record )Tj 51.1254 0 TD (a )Tj -51.1254 -1.1192 TD (valuation allowance against deferred tax assets when the Company cannot provide objective evidence that )Tj /F2 1 Tf 42.7091 0 TD ()Tj /F12 1 Tf 0.444 0 TD (more likely than not)Tj /F2 1 Tf 8.0823 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( the )Tj -51.6793 -1.1191 TD (deferred tax assets will be utilized before they expire. )Tj 0 -2.5241 TD (During 2002, substantial non-cash losses caused the Company)Tj /F2 1 Tf 24.9397 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s deferred tax assets to increase to a level that required a deferred tax )Tj -25.2727 -1.1191 TD (valuation allowance. Of the $120.6 million allowance, $38.4 million represented deferred tax assets applied directly to shareho)Tj 50.7644 0 TD (lders)Tj /F2 1 Tf 1.9438 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( )Tj -53.0412 -1.1192 TD (equity for the other comprehensive loss. The balance was charged to current year results, resulting in net income tax expense o)Tj 50.7064 0 TD (f )Tj -50.7064 -1.1192 TD ($9.1 million for 2002, with no tax benefit recorded on the minimum pension liability charge, cumulative effect adjustment or )Tj T* (discontinued operation in 2002. )Tj 0 -2.5241 TD (The Company is required to maintain a valuation allowance for its net deferred tax assets and net loss carryforwards until suff)Tj 50.3744 0 TD (icient )Tj -50.3744 -1.1192 TD (positive evidence exists to support the reversal of the reserve. Until such time, except for potential alternative minimum taxe)Tj 49.8215 0 TD (s and minor )Tj -49.8215 -1.1191 TD (state, local and foreign tax provisions, the Company will have no reported tax provision net of valuation allowance adjustments)Tj 50.9894 0 TD (. In the )Tj -50.9894 -1.1192 TD (event the Company was to determine, based on the existence of sufficient positive evidence, that it would be able to realize it)Tj 50.0705 0 TD (s deferred )Tj -50.0705 -1.1192 TD (tax assets in the future, an adjustment to the valuation allowance would increase income in the period such determination was m)Tj 51.2934 0 TD (ade. )Tj -51.2934 -2.524 TD (Impairment of Mining Assets)Tj ET 25.65 628.17 m 145.41 628.17 l S BT 10.079 0 0 10.079 25.65 603.6901 Tm (As a result of increasing production costs at Empire Mine, revised economic mine-planning studies were completed in the fourth )Tj 51.7653 0 TD (quarter )Tj -51.7653 -1.1192 TD (of 2002. Based on the outcome of these studies, the economic ore reserves at Empire were reduced from 116 million tons at )Tj T* (December 31, 2001 to 63 million tons of pellets at December 31, 2002. The Company concluded that the assets of Empire were )Tj T* (impaired, based on an undiscounted probability-weighted cash flow analysis. The Company recorded an impairment charge of )Tj T* ($52.7 million at December 31, 2002 to write-off the carrying value of the long-lived assets of Empire. The Company expects to c)Tj 51.7093 0 TD (ontinue )Tj -51.7093 -1.1192 TD (to operate the Empire Mine. )Tj 0 -2.5241 TD (Discontinued Operation)Tj ET 25.65 520.89 m 122.85 520.89 l S BT 10.079 0 0 10.079 25.65 496.4101 Tm (In the fourth quarter of 2002, Cliffs exited the ferrous metallics business and abandoned its 82 percent investment in Cliffs a)Tj 49.7385 0 TD (nd )Tj -49.7385 -1.1192 TD (Associates Limited \()Tj /F2 1 Tf 8.2762 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (CAL)Tj /F2 1 Tf 1.9998 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\), an HBI facility located in Trinidad and Tobago. For the year 2002, Cliffs reported a loss from discontinued )Tj -11.164 -1.1192 TD (operation of $108.5 million, consisting of $97.4 million of impairment charges and $11.1 million of idle expense. In )Tj 27.3359 -2.6907 TD (19)Tj ET endstreamendobj55 0 obj<< /Type /Page /Parent 245 0 R /Resources 56 0 R /Contents 57 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj56 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj57 0 obj<< /Length 4986 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -467.52 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 (the third quarter of 2002, due to uncertainties concerning the HBI market, operating costs and volume, and startup timing, the )Tj 50.4884 0 TD (Company )Tj -50.4884 -1.1191 TD (determined that CAL was impaired. Accordingly, the carrying value of the long-lived assets were written off, resulting in an im)Tj 51.0424 0 TD (pairment )Tj -51.0424 -1.1192 TD (charge of $95.7 million. In the fourth quarter, the Company wrote off CAL)Tj /F2 1 Tf 30.0203 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s remaining net current assets of $1.7 million, resulting in )Tj -30.3532 -1.1192 TD (total impairment charges of $97.4 million for the year. The Company expects CAL to be liquidated by the CAL creditors, and )Tj T* (accordingly, has reflected no ongoing obligations of CAL. Excluding the impairment charges, the loss from CAL was $11.1 million)Tj 52.7682 0 TD ( in )Tj -52.7682 -1.1191 TD (2002, an $8.5 million decrease from the $19.6 million pre-tax loss in 2001 \($12.7 million after tax\). CAL was idle for the enti)Tj 50.2964 0 TD (re year )Tj -50.2964 -1.1192 TD (2002. CAL operated for a portion of 2001 and generated net sales of $11.1 million. )Tj 0 -2.5241 TD (Cumulative Effect of Accounting Changes)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 859.05 m 199.17 859.05 l S BT 10.079 0 0 10.079 25.65 834.5701 Tm (Effective January 1, 2002, the Company implemented Statement of Financial Accounting Standards \()Tj /F2 1 Tf 40.6023 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (SFAS)Tj /F2 1 Tf 2.3898 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) No. 143 )Tj /F2 1 Tf 4.0546 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Asset )Tj -48.3786 -1.1192 TD (Retirement Obligations)Tj /F2 1 Tf 9.3602 0 TD ()Tj /F12 1 Tf 0.444 0 TD (. The statement requires that the fair value of a liability for an asset retirement obligation be recognized in the )Tj -9.8041 -1.1192 TD (period incurred. As a result of the change in accounting method, the Company recorded a cumulative effect non-cash charge of )Tj T* ($13.4 million, recognized on January 1, 2002 to provide for contractual and legal obligations associated with the eventual clos)Tj 50.5164 0 TD (ure of its )Tj -50.5164 -1.1191 TD (mining operations. )Tj 0 -2.5241 TD (Effective January 1, 2001, the Company changed its method of accounting for gains and losses on pension assets for the calculat)Tj 51.4313 0 TD (ion of )Tj -51.4313 -1.1192 TD (net periodic pension cost. Under the new accounting method, the market value of plan assets reflects unrealized gains and losse)Tj 50.9574 0 TD (s from )Tj -50.9574 -1.1191 TD (current year performance in the succeeding year. Previously, the Company deferred realized and unrealized gains and losses, rec)Tj 51.4243 0 TD (ognizing )Tj -51.4243 -1.1192 TD (them over a five-year period. The cumulative effect of the accounting change was a non-cash credit to income of $9.3 million )Tj T* (\($14.3 million pre-tax\) recognized in January 1, 2001. )Tj /F13 1 Tf 0 -2.5955 TD (2001 versus 2000)Tj ET 25.65 691.53 m 98.61 691.53 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 666.8101 Tm (Net loss for the year 2001 was $22.9 million, or $2.27 per share, including $9.3 million net income from a change in accounting)Tj 51.2394 0 TD ( )Tj -51.2394 -1.1192 TD (principle and a loss from a discontinued operation of $12.7 million. The cumulative effect of $9.3 million results from a chang)Tj 50.6284 0 TD (e in the )Tj -50.6284 -1.1192 TD (method of accounting for investment gains and losses on pension assets for the calculation of net periodic pension costs. Net i)Tj 50.3504 0 TD (ncome for )Tj -50.3504 -1.1192 TD (the year 2000 of $18.1 million, or $1.73 per share, included a loss from the discontinued operation of $8.6 million. Excluding )Tj 50.4634 0 TD (the )Tj -50.4634 -1.1192 TD (cumulative effect of a change in accounting method and the discontinued operation, the 2001 loss from continuing operations of )Tj T* ($19.5 million represented an earnings decrease of $46.2 million from the 2000 earnings of $26.7 million. The decrease in result)Tj 51.0154 0 TD (s from )Tj -51.0154 -1.1192 TD (continuing operations of $46.2 million is comprised of lower pre-tax earnings of $58.6 million partially offset by lower income)Tj 50.8794 0 TD ( taxes of )Tj -50.8794 -1.1192 TD ($12.4 million. The $58.6 million decrease in pre-tax earnings was primarily due to a lower sales margin of $52.8 million, lower)Tj 51.0174 0 TD ( )Tj -51.0174 -1.1192 TD (insurance recoveries related to the Rouge business interruption claim, $14.9 million, and lower royalty and management fee inco)Tj 51.5423 0 TD (me, )Tj -51.5423 -1.1192 TD ($6.7 million, partially offset by a non-recurring $10.9 million charge in 2000 to recognize the decrease in value of the LTV co)Tj 50.4864 0 TD (mmon )Tj -50.4864 -1.2858 TD (stock. 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)-1178.7($301.5)-12.3( )-1178.7( )-726.3($363.9)-12.3( )-726.3( )-1202.5($\(62.4)-12.6(\))-1095.7( )-1440.6( )-773.9(\(17\)%)]TJ ET 0.934 g 67.65 876.57 262.08 -13.2 re f BT 10.079 0 0 10.079 67.65 865.29 Tm 0 g (Cost of goods sold and operating expenses*)Tj ET 0.934 g 329.97 876.57 214.32 -13.2 re f BT 12 0 0 12 329.97 865.77 Tm 0 g ( )Tj 10.079 0 0 10.079 67.65 854.01 Tm 0.7263 Tw [( )23.8(Total)-22963( )23.8( 340.9)-12.3( )-452.4( )476.3(350.5)-12.3( )-714.3( )214.3(\(9.6)-12.5(\))-1095.7( )-714.3( )214.3(\(2.7)-12.5(\)%)]TJ ET 0.934 g 67.65 851.85 9.36 -11.04 re f BT 10.079 0 0 10.079 67.65 842.73 Tm 0 g 0 Tw ( )Tj ET 0.934 g 77.25 851.85 252.48 -11.04 re f BT 10.079 0 0 10.079 77.25 842.73 Tm 0 g (Costs of production curtailments)Tj ET 0.934 g 329.97 851.85 9.36 -11.04 re f BT 10.079 0 0 10.079 329.97 842.73 Tm 0 g ( )Tj ET 0.934 g 339.57 851.85 9.6 -11.04 re f BT 10.079 0 0 10.079 339.57 842.73 Tm 0 g ( )Tj ET 0.934 g 349.41 851.85 22.56 -11.04 re f BT 10.079 0 0 10.079 354.45 842.73 Tm 0 g (48.0)Tj ET 0.934 g 372.21 851.85 14.16 -11.04 re f BT 10.079 0 0 10.079 372.21 842.73 Tm 0 g ( )Tj ET 0.934 g 386.61 851.85 9.6 -11.04 re f BT 10.079 0 0 10.079 386.61 842.73 Tm 0 g ( )Tj ET 0.934 g 396.45 851.85 4.8 -11.04 re f BT 10.079 0 0 10.079 396.45 842.73 Tm 0 g ( )Tj ET 0.934 g 401.49 851.85 22.56 -11.04 re f BT 10.079 0 0 10.079 401.49 842.73 Tm 0 g ( )Tj ET 0.934 g 424.29 851.85 9.6 -11.04 re f BT 10.079 0 0 10.079 424.29 842.73 Tm 0 g ( )Tj ET 0.934 g 434.13 851.85 9.6 -11.04 re f BT 10.079 0 0 10.079 434.13 842.73 Tm 0 g ( )Tj ET 0.934 g 443.97 851.85 9.6 -11.04 re f BT 10.079 0 0 10.079 443.97 842.73 Tm 0 g ( )Tj ET 0.934 g 453.81 851.85 20.88 -11.04 re f BT 10.079 0 0 10.079 457.17 842.73 Tm 0 g (48.0)Tj ET 0.934 g 474.93 851.85 14.16 -11.04 re f BT 10.079 0 0 10.079 474.93 842.73 Tm 0 g ( )Tj ET 0.934 g 489.33 851.85 9.6 -11.04 re f BT 10.079 0 0 10.079 489.33 842.73 Tm 0 g ( )Tj ET 0.934 g 499.17 851.85 45.12 -11.04 re f BT 10.079 0 0 10.079 512.3699 842.73 Tm 0 g -0.0001 Tc (N/M)Tj -44.1232 -1.1191 TD 25.7763 Tc [( )25073.8( )]TJ ET 0.5 g 349.41 835.29 22.56 -0.48 re f BT 10.079 0 0 10.079 372.21 831.4501 Tm 0 g 1.1787 Tc [( )452.4( )]TJ ET 0.5 g 401.49 835.29 22.56 -0.48 re f BT 10.079 0 0 10.079 424.29 831.4501 Tm 0 g 0.7263 Tc ( )Tj ET 0.5 g 453.81 835.29 20.88 -0.48 re f BT 10.079 0 0 10.079 474.93 831.4501 Tm 0 g [( )-452.4( )-1119.1( )]TJ -40.4086 -1.1192 TD 0 Tc [( )-702.5(Excluding costs of production curtailments)-7854.3( )-702.5( )-726.3(292.9)-12.3( )-1178.7( )-726.3( )-250(350.5)-12.3( )-726.3( )-1440.6( )-11.9(\(57.6)-12.6(\))-1095.7( )-1440.6( )-11.9(\(16.4)-12.6(\)%)]TJ T* 25.7763 Tc [( )25073.8( )]TJ ET 0.5 g 349.41 812.73 22.56 -0.48 re f BT 10.079 0 0 10.079 372.21 808.89 Tm 0 g 1.1787 Tc [( )452.4( )]TJ ET 0.5 g 401.49 812.73 22.56 -0.48 re f BT 10.079 0 0 10.079 424.29 808.89 Tm 0 g 0.7263 Tc ( )Tj ET 0.5 g 453.81 812.73 20.88 -0.48 re f BT 10.079 0 0 10.079 474.93 808.89 Tm 0 g [( )-452.4( )-1119.1( )]TJ ET 0.934 g 67.65 806.73 262.08 -13.2 re f BT 10.079 0 0 10.079 67.65 795.4501 Tm 0 g 0 Tc (Sales margin \(loss\))Tj ET 0.934 g 329.97 806.73 214.32 -13.2 re f BT 12 0 0 12 329.97 795.9301 Tm 0 g ( )Tj 10.079 0 0 10.079 67.65 784.17 Tm 0.7263 Tw [( )23.8(Total)-22963( )-452.4($)-166.7(\(39.4)-12.6(\))-1095.7( $)-500.1(13.4)-12.2( )-476.2($\(52.8)-12.6(\))-1095.7( )-714.3( )500.1(N/M)7.8( )]TJ T* 25.7763 Tc 0 Tw [( )25073.8( )]TJ ET 0.5 g 349.41 777.93 22.56 -2.88 re f BT 10.079 0 0 10.079 372.21 772.89 Tm 0 g 1.1787 Tc [( )452.4( )]TJ ET 0.5 g 401.49 777.93 22.56 -2.88 re f BT 10.079 0 0 10.079 424.29 772.89 Tm 0 g 0.7263 Tc ( )Tj ET 0.5 g 453.81 777.93 20.88 -2.88 re f BT 10.079 0 0 10.079 474.93 772.89 Tm 0 g 1.1787 Tc [( )452.4( )]TJ ET 0.5 g 509.01 777.93 20.88 -2.88 re f BT 10.079 0 0 10.079 530.1299 772.89 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 770.73 9.36 -13.2 re f BT 10.079 0 0 10.079 67.65 759.4501 Tm 0 g ( )Tj ET 0.934 g 77.25 770.73 252.48 -13.2 re f BT 10.079 0 0 10.079 77.25 759.4501 Tm 0 g (Excluding costs of production curtailments)Tj ET 0.934 g 329.97 770.73 214.32 -13.2 re f BT 12 0 0 12 329.97 759.9301 Tm 0 g ( )Tj 10.079 0 0 10.079 67.65 748.17 Tm 0.7025 Tw [( Amount)-20843.6( )-476.2($)-1000.1(8.6)-12.1( )-476.2( )-23.8($)-500.1(13.4)-12.2( )-23.8( )-500($)-500.1(\(4.8)-12.5(\))-1095.7( )-738.1( )476.3(N/M)7.8( )]TJ T* 25.7763 Tc 0 Tw [( )25073.8( )]TJ ET 0.5 g 349.41 741.93 22.56 -2.88 re f BT 10.079 0 0 10.079 372.21 736.8901 Tm 0 g 1.1787 Tc [( )452.4( )]TJ ET 0.5 g 401.49 741.93 22.56 -2.88 re f BT 10.079 0 0 10.079 424.29 736.8901 Tm 0 g 0.7263 Tc ( )Tj ET 0.5 g 453.81 741.93 20.88 -2.88 re f BT 10.079 0 0 10.079 474.93 736.8901 Tm 0 g 1.1787 Tc [( )452.4( )]TJ ET 0.5 g 509.01 741.93 20.88 -2.88 re f BT 10.079 0 0 10.079 530.1299 736.8901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 734.73 9.36 -11.04 re f BT 10.079 0 0 10.079 67.65 725.61 Tm 0 g ( )Tj ET 0.934 g 77.25 734.73 9.36 -11.04 re f BT 10.079 0 0 10.079 77.25 725.61 Tm 0 g ( )Tj ET 0.934 g 86.85 734.73 242.88 -11.04 re f BT 10.079 0 0 10.079 86.85 725.61 Tm 0 g (Percent of revenues)Tj ET 0.934 g 329.97 734.73 9.36 -11.04 re f BT 10.079 0 0 10.079 329.97 725.61 Tm 0 g ( )Tj ET 0.934 g 339.57 734.73 9.6 -11.04 re f BT 10.079 0 0 10.079 346.77 725.61 Tm 0 g ( )Tj ET 0.934 g 349.41 734.73 22.56 -11.04 re f BT 10.079 0 0 10.079 359.49 725.61 Tm 0 g (2.9)Tj ET 0.934 g 372.21 734.73 14.16 -11.04 re f BT 10.079 0 0 10.079 372.21 725.61 Tm 0 g (%)Tj ET 0.934 g 386.61 734.73 9.6 -11.04 re f BT 10.079 0 0 10.079 386.61 725.61 Tm 0 g ( )Tj ET 0.934 g 396.45 734.73 4.8 -11.04 re f BT 10.079 0 0 10.079 398.85 725.61 Tm 0 g ( )Tj ET 0.934 g 401.49 734.73 22.56 -11.04 re f BT 10.079 0 0 10.079 411.57 725.61 Tm 0 g (3.7)Tj ET 0.934 g 424.29 734.73 9.6 -11.04 re f BT 10.079 0 0 10.079 424.29 725.61 Tm 0 g (%)Tj ET 0.934 g 434.13 734.73 9.6 -11.04 re f BT 10.079 0 0 10.079 434.13 725.61 Tm 0 g ( )Tj ET 0.934 g 443.97 734.73 9.6 -11.04 re f BT 10.079 0 0 10.079 451.17 725.61 Tm 0 g ( )Tj ET 0.934 g 453.81 734.73 20.88 -11.04 re f BT 10.079 0 0 10.079 463.89 725.61 Tm 0 g (\(.8)Tj ET 0.934 g 474.93 734.73 14.16 -11.04 re f BT 10.079 0 0 10.079 474.93 725.61 Tm 0 g (\)%)Tj ET 0.934 g 489.33 734.73 9.6 -11.04 re f BT 10.079 0 0 10.079 489.33 725.61 Tm 0 g ( )Tj ET 0.934 g 499.17 734.73 9.6 -11.04 re f BT 10.079 0 0 10.079 499.17 725.61 Tm 0 g ( )Tj ET 0.934 g 509.01 734.73 20.88 -11.04 re f BT 10.079 0 0 10.079 509.0099 725.61 Tm 0 g ( )Tj ET 0.934 g 530.13 734.73 14.16 -11.04 re f BT 10.079 0 0 10.079 530.1299 725.61 Tm 0 g ( )Tj -45.8853 -1.1191 TD 25.7763 Tc [( )25073.8( )]TJ ET 0.5 g 349.41 719.37 22.56 -2.88 re f BT 10.079 0 0 10.079 372.21 714.3301 Tm 0 g 1.1787 Tc [( )452.4( )]TJ ET 0.5 g 401.49 719.37 22.56 -2.88 re f BT 10.079 0 0 10.079 424.29 714.3301 Tm 0 g 0.7263 Tc ( )Tj ET 0.5 g 453.81 719.37 20.88 -2.88 re f BT 10.079 0 0 10.079 474.93 714.3301 Tm 0 g [( )-452.4( )-1119.1( )]TJ ET 0.5 g 25.65 696.33 100.8 -0.48 re f BT 10.079 0 0 10.079 25.65 684.8101 Tm 0 g 0 Tc [(*)-71.5( )-1416.8(Excludes revenues and expenses of $17.8 million, and $15.5 million in 2001 and 2000, respectively, related to freight.)]TJ 0 -2.5241 TD (Revenues from Iron Ore Sales and Services)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 658.41 m 202.77 658.41 l S BT 10.079 0 0 10.079 25.65 633.9301 Tm (Revenues from iron ore sales and services were $301.5 million in 2001, a decrease of $62.4 million from 2000. The decrease was )Tj 0 -1.1192 TD (primarily due to the 2.0 million ton sales volume decrease, partly offset by a modest increase in average price realization. )Tj 0 -2.5241 TD (Cost of Goods Sold and Operating Expenses)Tj ET 25.65 596.25 m 206.37 596.25 l S BT 10.079 0 0 10.079 25.65 571.7701 Tm (Cost of goods sold and operating expenses totaled $340.9 million in 2001, a $9.6 million decrease from 2000. Included in 2001 c)Tj 51.6303 0 TD (ost of )Tj -51.6303 -1.1192 TD (goods sold and operating expenses was $48.0 million of idle expense related to production curtailments at the Company)Tj /F2 1 Tf 47.9906 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s mining )Tj -48.3236 -1.1191 TD (ventures, and higher employment costs, primarily related to benefits. Excluding costs of production curtailments, costs and exp)Tj 50.8784 0 TD (enses )Tj -50.8784 -1.1192 TD (were $57.6 million or 16.4 percent less than 2000. )Tj 0 -2.524 TD (Sales Margin \(Loss\))Tj ET 25.65 511.53 m 107.73 511.53 l S BT 10.079 0 0 10.079 25.65 487.0501 Tm (Total sales margin in 2001 was a negative $39.4 million. Excluding fixed costs related to production curtailments in 2001, sale)Tj 50.7134 0 TD (s margin )Tj -50.7134 -1.1192 TD (was $8.6 million, or 2.9 percent of revenues, compared to $13.4 million or 3.7 percent in 2000. )Tj 27.3359 -2.6907 TD (21)Tj ET endstreamendobj61 0 obj<< /Type /Page /Parent 246 0 R /Resources 62 0 R /Contents 63 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj62 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj63 0 obj<< /Length 3605 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -497.76 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 25.65 951.4501 Tm (Other Revenues)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 950.25 m 90.69 950.25 l S BT 10.079 0 0 10.079 25.65 925.53 Tm ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(During 2001, the Company received $.4 million of additional insurance recoveries related to the Rouge business interruption )]TJ 1.3811 -1.1192 TD (claim, a decrease of $14.9 million from the $15.3 million of proceeds received in 2000.)Tj -3.0479 -1.1192 TD ( )Tj T* ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(Royalty and management fee revenue from partners, decreased $6.7 million, reflecting the production curtailments.)]TJ -1.6668 -1.1192 TD ( )Tj T* ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(Other income was $3.1 million higher in 2001, primarily due to gains on the sale of non-strategic assets, principally non-mini)]TJ 51.5945 0 TD (ng )Tj -50.2134 -1.1191 TD (lands.)Tj -3.0479 -2.6907 TD (Administrative, Selling and General Expense)Tj ET 25.65 829.53 m 209.73 829.53 l S BT 10.079 0 0 10.079 25.65 804.8101 Tm (Administrative, selling and general expenses decreased about 20 percent, $3.5 million, reflecting employee reductions and other)Tj 51.2913 0 TD ( cost-)Tj -51.2913 -1.1192 TD (saving initiatives. )Tj 0 -2.6907 TD (Other Expenses)Tj ET 25.65 765.21 m 89.49 765.21 l S BT 10.079 0 0 10.079 25.65 740.4901 Tm ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(During 2000, the Company recognized a charge to operations of $10.9 million to reflect the decrease in value of 842,000 shares)]TJ 52.5054 0 TD ( )Tj -51.1244 -1.1191 TD (of LTV common stock. The Company sold the shares by early 2001.)Tj -3.0479 -1.1192 TD ( )Tj T* ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(Interest expense was $3.9 million higher in 2001, reflecting interest on borrowings under the Company)]TJ /F2 1 Tf 42.5943 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s revolving credit facility.)Tj -44.5941 -1.1192 TD ( )Tj T* ( )Tj /F2 1 Tf 1.2499 0 TD ()Tj /F12 1 Tf 0.4169 0 TD [( )-1131.1(Other expenses reflect lower business development expense in 2001, largely offset by 2001 restructuring charges of $4.8 millio)]TJ 52.3395 0 TD (n, )Tj -50.9584 -1.1192 TD (primarily relating to headcount reductions at the Michigan mines, corporate office, and central service functions.)Tj -3.0479 -2.6907 TD (Income Taxes)Tj ET 25.65 644.49 m 83.01 644.49 l S BT 10.079 0 0 10.079 25.65 619.7701 Tm (Year 2000 income tax expense includes a $5.2 million tax credit reflecting a reassessment of income tax obligations based on cu)Tj 51.4033 0 TD (rrent )Tj -51.4033 -1.1192 TD (audits of prior years)Tj /F2 1 Tf 8.0253 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( tax returns. )Tj -8.3582 -2.6907 TD (Discontinued Operation)Tj ET 25.65 580.17 m 122.85 580.17 l S BT 10.079 0 0 10.079 25.65 555.4501 Tm (The pre-tax loss from the discontinued CAL operation, net of minority interest, was $19.6 million in 2001 \($12.7 million after )Tj 50.7144 0 TD (tax\), )Tj -50.7144 -1.1192 TD (compared to a pre-tax loss of $13.3 million in 2000 \($8.6 million after tax\). The increased pre-tax loss of $6.3 million reflec)Tj 49.6275 0 TD (ted the start-)Tj -49.6275 -1.1192 TD (up and commissioning in mid-March of 2001 and the increased Company ownership, 82 percent in 2001 versus 46.5 percent for most )Tj 53.7381 0 TD (of )Tj -53.7381 -1.1192 TD (2000. )Tj 27.3359 -2.6907 TD (22)Tj ET endstreamendobj64 0 obj<< /Type /Page /Parent 246 0 R /Resources 65 0 R /Contents 66 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj65 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj66 0 obj<< /Length 15006 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -680.16 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F13 1 Tf 10.079 0 0 10.079 25.65 952.41 Tm (Cash Flow and Liquidity)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 951.21 m 132.93 951.21 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 926.4901 Tm (At December 31, 2002, the Company had cash and cash equivalents of $61.8 million. Following is a summary of 2002 cash flow )Tj 0 -1.1191 TD (activity: )Tj 12 0 0 12 123.81 902.25 Tm 0.89 Tc [( )-22200( )-1040( )]TJ 7.439 0 0 7.439 123.81 892.17 Tm 1.5889 Tc ( )Tj 39.489 0 TD 0 Tc ( )Tj /F13 1 Tf 3.0004 0.0323 TD (\(In Millions\))Tj /F12 1 Tf 10.079 0 0 10.079 123.81 881.3701 Tm 28.8956 Tc ( )Tj ET 0.5 g 431.25 885.21 57.12 -0.48 re f 0.934 g 123.81 879.21 293.52 -12.24 re f BT 10.079 0 0 10.079 123.81 868.89 Tm 0 g 0 Tc (Net cash flow from continuing operations)Tj ET 0.934 g 417.57 879.21 13.44 -12.24 re f BT 10.079 0 0 10.079 417.57 868.89 Tm 0 g ( )Tj ET 0.934 g 431.25 879.21 13.44 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 439.89 869.3701 Tm 0 g ($)Tj ET 0.934 g 444.93 879.21 25.92 -12.24 re f BT 10.079 0 0 10.079 453.33 869.3701 Tm 0 g (40.9)Tj ET 0.934 g 471.09 879.21 17.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 471.09 868.89 Tm 0 g ( )Tj -34.4557 -1.2382 TD [(Repayment of revolving credit facility)-13816( )-2202.6( )]TJ /F13 1 Tf 31.8602 0.0476 TD [(\(100.0)-12.7(\))]TJ ET 0.934 g 123.81 854.25 293.52 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 123.81 843.9301 Tm 0 g (Repayment on long-term debt)Tj ET 0.934 g 417.57 854.25 13.44 -12.24 re f BT 10.079 0 0 10.079 417.57 843.9301 Tm 0 g ( )Tj ET 0.934 g 431.25 854.25 13.44 -12.24 re f BT 10.079 0 0 10.079 442.29 843.9301 Tm 0 g ( )Tj ET 0.934 g 444.93 854.25 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 449.97 844.41 Tm 0 g (\(15.0)Tj ET 0.934 g 471.09 854.25 17.28 -12.24 re f BT 10.079 0 0 10.079 471.09 844.41 Tm 0 g (\))Tj /F12 1 Tf -34.4557 -1.2858 TD [(Investment in steel companies equity and debt)-10649.3( )-2202.6( )]TJ /F13 1 Tf 32.3602 0.0476 TD [(\(27.4)-12.6(\))]TJ ET 0.934 g 123.81 829.29 293.52 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 123.81 818.97 Tm 0 g (Investment in power-related joint venture)Tj ET 0.934 g 417.57 829.29 13.44 -12.24 re f BT 10.079 0 0 10.079 417.57 818.97 Tm 0 g ( )Tj ET 0.934 g 431.25 829.29 13.44 -12.24 re f BT 10.079 0 0 10.079 442.29 818.97 Tm 0 g ( )Tj ET 0.934 g 444.93 829.29 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 455.01 819.4501 Tm 0 g (\(6.0)Tj ET 0.934 g 471.09 829.29 17.28 -12.24 re f BT 10.079 0 0 10.079 471.09 819.4501 Tm 0 g (\))Tj /F12 1 Tf -34.4557 -1.2858 TD [(Capital expenditures)-20897.3( )-2202.6( )]TJ /F13 1 Tf 32.3602 0.0476 TD [(\(10.6)-12.6(\))]TJ ET 0.934 g 123.81 804.33 293.52 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 123.81 794.01 Tm 0 g (Proceeds from sale of assets)Tj ET 0.934 g 417.57 804.33 13.44 -12.24 re f BT 10.079 0 0 10.079 417.57 794.01 Tm 0 g ( )Tj ET 0.934 g 431.25 804.33 13.44 -12.24 re f BT 10.079 0 0 10.079 442.29 794.01 Tm 0 g ( )Tj ET 0.934 g 444.93 804.33 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 458.37 794.4901 Tm 0 g (8.2)Tj ET 0.934 g 471.09 804.33 17.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 471.09 794.01 Tm 0 g ( )Tj -34.4557 -1.2382 TD 2.2026 Tw [(Other)-26868.8( )]TJ /F13 1 Tf 33.6937 0.0476 TD 0 Tw (.3)Tj /F12 1 Tf 0.762 -0.0476 TD ( )Tj -34.4557 -1.1192 TD 28.8956 Tc [( )27788.3( )]TJ ET 0.5 g 444.93 774.09 25.92 -0.48 re f BT 10.079 0 0 10.079 471.09 770.25 Tm 0 g 0 Tc ( )Tj ET 0.934 g 123.81 768.09 13.44 -12.24 re f BT 10.079 0 0 10.079 123.81 757.77 Tm 0 g ( )Tj ET 0.934 g 137.49 768.09 279.84 -12.24 re f BT 10.079 0 0 10.079 137.49 757.77 Tm 0 g (Cash used by continuing operations)Tj ET 0.934 g 417.57 768.09 13.44 -12.24 re f BT 10.079 0 0 10.079 417.57 757.77 Tm 0 g ( )Tj ET 0.934 g 431.25 768.09 13.44 -12.24 re f BT 10.079 0 0 10.079 442.29 757.77 Tm 0 g ( )Tj ET 0.934 g 444.93 768.09 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 444.93 758.2501 Tm 0 g (\(109.6)Tj ET 0.934 g 471.09 768.09 17.28 -12.24 re f BT 10.079 0 0 10.079 471.09 758.2501 Tm 0 g (\))Tj /F12 1 Tf -34.4557 -1.2858 TD [(Cash used by discontinued operation)-14425.9( )-2202.6( )]TJ /F13 1 Tf 32.3602 0.0476 TD [(\(12.4)-12.6(\))]TJ /F12 1 Tf -32.3602 -1.1668 TD 28.8956 Tc [( )27788.3( )]TJ ET 0.5 g 444.93 737.85 25.92 -0.48 re f BT 10.079 0 0 10.079 471.09 734.0101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 123.81 731.85 13.44 -12.24 re f BT 10.079 0 0 10.079 123.81 721.53 Tm 0 g ( )Tj ET 0.934 g 137.49 731.85 279.84 -12.24 re f BT 10.079 0 0 10.079 137.49 721.53 Tm 0 g (Decrease in cash and cash equivalents)Tj ET 0.934 g 417.57 731.85 13.44 -12.24 re f BT 10.079 0 0 10.079 417.57 721.53 Tm 0 g ( )Tj ET 0.934 g 431.25 731.85 13.44 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 439.89 722.0101 Tm 0 g ($)Tj ET 0.934 g 444.93 731.85 25.92 -12.24 re f BT 10.079 0 0 10.079 444.93 722.0101 Tm 0 g (\(122.0)Tj ET 0.934 g 471.09 731.85 17.28 -12.24 re f BT 10.079 0 0 10.079 471.09 722.0101 Tm 0 g (\))Tj /F12 1 Tf -34.4557 -1.1668 TD 28.8956 Tc [( )27788.3( )]TJ ET 0.5 g 444.93 715.29 25.92 -2.88 re f BT 10.079 0 0 10.079 471.09 710.2501 Tm 0 g 0 Tc ( )Tj -44.1947 -2.524 TD (Following is a summary of key liquidity measures: )Tj 12 0 0 12 123.81 671.8501 Tm 0.83 Tc [( )20( )-11840( )20( )320( )-680( )-300( )-1100( )-300( )-300( )-820( )]TJ 7.439 0 0 7.439 123.81 662.4901 Tm 0 Tc [( )-1459.9( )-20591.4( )-7751(At December 31 \(In Millions\))]TJ 0 -1.1292 TD 1.4599 Tc [( )-19131.5( )]TJ ET 0.5 g 304.29 654.81 184.08 -0.48 re f BT 7.439 0 0 7.439 123.81 644.9701 Tm 0 g [( )-19131.5( )]TJ /F13 1 Tf 26.1324 0.0323 TD 0 Tc (2002)Tj /F12 1 Tf 3.936 -0.0323 TD 4.428 Tw [( 2001)-3032.8( )225.8(2000)]TJ -30.0684 -1.1292 TD 1.4599 Tc 0 Tw [( )-19131.5( )]TJ ET 0.5 g 304.29 637.29 42.96 -0.48 re f BT 7.439 0 0 7.439 347.49 636.5701 Tm 0 g 0 Tc ( )Tj ET 0.5 g 360.45 637.29 59.04 -0.48 re f BT 7.439 0 0 7.439 419.73 636.5701 Tm 0 g ( )Tj ET 0.5 g 432.69 637.29 55.68 -0.48 re f 0.934 g 123.81 634.89 167.52 -12.24 re f BT 10.079 0 0 10.079 123.81 624.5701 Tm 0 g (Cash and cash equivalents)Tj ET 0.934 g 291.57 634.89 12.48 -12.24 re f BT 10.079 0 0 10.079 291.57 624.5701 Tm 0 g ( )Tj ET 0.934 g 304.29 634.89 8.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 308.37 625.05 Tm 0 g ($)Tj ET 0.934 g 313.41 634.89 20.88 -12.24 re f BT 10.079 0 0 10.079 316.77 625.05 Tm 0 g (61.8)Tj ET 0.934 g 334.53 634.89 12.72 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 334.53 624.5701 Tm 0 g ( )Tj ET 0.934 g 347.49 634.89 12.72 -12.24 re f BT 10.079 0 0 10.079 347.49 624.5701 Tm 0 g ( )Tj ET 0.934 g 360.45 634.89 16.32 -12.24 re f BT 10.079 0 0 10.079 371.97 624.5701 Tm 0 g ($)Tj ET 0.934 g 377.01 634.89 25.92 -12.24 re f BT 10.079 0 0 10.079 380.37 624.5701 Tm 0 g (183.8)Tj ET 0.934 g 403.17 634.89 16.32 -12.24 re f BT 10.079 0 0 10.079 403.17 624.5701 Tm 0 g ( )Tj ET 0.934 g 419.73 634.89 12.72 -12.24 re f BT 10.079 0 0 10.079 419.73 624.5701 Tm 0 g ( )Tj ET 0.934 g 432.69 634.89 16.32 -12.24 re f BT 10.079 0 0 10.079 444.21 624.5701 Tm 0 g ($)Tj ET 0.934 g 449.25 634.89 22.56 -12.24 re f BT 10.079 0 0 10.079 454.29 624.5701 Tm 0 g (29.9)Tj ET 0.934 g 472.05 634.89 16.32 -12.24 re f BT 10.079 0 0 10.079 472.05 624.5701 Tm 0 g ( )Tj -34.5509 -1.1192 TD 1.0358 Tw [(Available )1035.8(bank )1035.8(credit)-8036.2( )23.8( )381( )-809.6( )-357.2( )-1309.7( )-357.2( )-357.2(100.0)-12.3( )]TJ T* 16.3944 Tc 0 Tw [( )15382.4( )]TJ ET 0.5 g 313.41 605.85 20.88 -0.48 re f BT 10.079 0 0 10.079 334.53 602.0101 Tm 0 g 1.0358 Tc ( )Tj ET 0.5 g 377.01 605.85 25.92 -0.48 re f BT 10.079 0 0 10.079 403.17 602.0101 Tm 0 g 1.393 Tc [( )357.2( )]TJ ET 0.5 g 449.25 605.85 22.56 -0.48 re f BT 10.079 0 0 10.079 472.05 602.0101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 123.81 599.85 12.48 -12.24 re f BT 10.079 0 0 10.079 123.81 589.53 Tm 0 g ( )Tj ET 0.934 g 136.53 599.85 154.8 -12.24 re f BT 10.079 0 0 10.079 136.53 589.53 Tm 0 g (Total liquidity)Tj ET 0.934 g 291.57 599.85 12.48 -12.24 re f BT 10.079 0 0 10.079 291.57 589.53 Tm 0 g ( )Tj ET 0.934 g 304.29 599.85 8.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 308.37 590.0101 Tm 0 g ($)Tj ET 0.934 g 313.41 599.85 20.88 -12.24 re f BT 10.079 0 0 10.079 316.77 590.0101 Tm 0 g (61.8)Tj ET 0.934 g 334.53 599.85 12.72 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 334.53 589.53 Tm 0 g ( )Tj ET 0.934 g 347.49 599.85 12.72 -12.24 re f BT 10.079 0 0 10.079 347.49 589.53 Tm 0 g ( )Tj ET 0.934 g 360.45 599.85 16.32 -12.24 re f BT 10.079 0 0 10.079 371.97 589.53 Tm 0 g ($)Tj ET 0.934 g 377.01 599.85 25.92 -12.24 re f BT 10.079 0 0 10.079 380.37 589.53 Tm 0 g (183.8)Tj ET 0.934 g 403.17 599.85 16.32 -12.24 re f BT 10.079 0 0 10.079 403.17 589.53 Tm 0 g ( )Tj ET 0.934 g 419.73 599.85 12.72 -12.24 re f BT 10.079 0 0 10.079 419.73 589.53 Tm 0 g ( )Tj ET 0.934 g 432.69 599.85 16.32 -12.24 re f BT 10.079 0 0 10.079 444.21 589.53 Tm 0 g ($)Tj ET 0.934 g 449.25 599.85 22.56 -12.24 re f BT 10.079 0 0 10.079 449.25 589.53 Tm 0 g (129.9)Tj ET 0.934 g 472.05 599.85 16.32 -12.24 re f BT 10.079 0 0 10.079 472.05 589.53 Tm 0 g ( )Tj -34.5509 -1.1192 TD 16.3944 Tc [( )15382.4( )]TJ ET 0.5 g 313.41 583.29 20.88 -2.88 re f BT 10.079 0 0 10.079 334.53 578.2501 Tm 0 g 1.0358 Tc ( )Tj ET 0.5 g 377.01 583.29 25.92 -2.88 re f BT 10.079 0 0 10.079 403.17 578.2501 Tm 0 g 1.393 Tc [( )357.2( )]TJ ET 0.5 g 449.25 583.29 22.56 -2.88 re f BT 10.079 0 0 10.079 472.05 578.2501 Tm 0 g 0 Tc ( )Tj -34.5509 -1.2382 TD [(Cash and cash equivalents)-6119.4( )]TJ /F13 1 Tf 18.3113 0.0476 TD [($)-333.4(61.8)]TJ /F12 1 Tf 2.5955 -0.0476 TD 2.1788 Tw [( )1143( $)-333.4(183.8)-12.3( )785.8( $)-500.1(29.9)-12.2( )]TJ ET 0.934 g 123.81 563.61 167.52 -12.24 re f BT 10.079 0 0 10.079 123.81 553.29 Tm 0 g 0 Tw (Debt)Tj ET 0.934 g 291.57 563.61 12.48 -12.24 re f BT 10.079 0 0 10.079 291.57 553.29 Tm 0 g ( )Tj ET 0.934 g 304.29 563.61 8.88 -12.24 re f BT 10.079 0 0 10.079 310.77 553.29 Tm 0 g ( )Tj ET 0.934 g 313.41 563.61 20.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 313.41 553.7701 Tm 0 g (\(55.0)Tj ET 0.934 g 334.53 563.61 12.72 -12.24 re f BT 10.079 0 0 10.079 334.53 553.7701 Tm 0 g (\))Tj ET 0.934 g 347.49 563.61 12.72 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 347.49 553.29 Tm 0 g ( )Tj ET 0.934 g 360.45 563.61 16.32 -12.24 re f BT 10.079 0 0 10.079 374.37 553.29 Tm 0 g ( )Tj ET 0.934 g 377.01 563.61 25.92 -12.24 re f BT 10.079 0 0 10.079 377.01 553.29 Tm 0 g (\(170.0)Tj ET 0.934 g 403.17 563.61 16.32 -12.24 re f BT 10.079 0 0 10.079 403.17 553.29 Tm 0 g (\))Tj ET 0.934 g 419.73 563.61 12.72 -12.24 re f BT 10.079 0 0 10.079 419.73 553.29 Tm 0 g ( )Tj ET 0.934 g 432.69 563.61 16.32 -12.24 re f BT 10.079 0 0 10.079 446.61 553.29 Tm 0 g ( )Tj ET 0.934 g 449.25 563.61 22.56 -12.24 re f BT 10.079 0 0 10.079 450.93 553.29 Tm 0 g (\(70.0)Tj ET 0.934 g 472.05 563.61 16.32 -12.24 re f BT 10.079 0 0 10.079 472.05 553.29 Tm 0 g (\))Tj -34.5509 -1.1192 TD 16.3944 Tc [( )15382.4( )]TJ ET 0.5 g 313.41 545.85 20.88 -0.48 re f BT 10.079 0 0 10.079 334.53 542.0101 Tm 0 g 1.0358 Tc ( )Tj ET 0.5 g 377.01 545.85 25.92 -0.48 re f BT 10.079 0 0 10.079 403.17 542.0101 Tm 0 g 1.393 Tc [( )357.2( )]TJ ET 0.5 g 449.25 545.85 22.56 -0.48 re f BT 10.079 0 0 10.079 472.05 542.0101 Tm 0 g 0 Tc ( )Tj -34.5509 -1.2382 TD [( )-1012(Net cash \(debt\))-9273.9( )]TJ /F13 1 Tf 18.3113 0.0476 TD [($)-833.5(6.8)]TJ /F12 1 Tf 2.5955 -0.0476 TD 2.1788 Tw [( )1143( $)-833.5(13.8)-12.2( )785.8( $)-166.7(\(40.1)-12.6(\))]TJ -20.9067 -1.1192 TD 16.3944 Tc 0 Tw [( )15382.4( )]TJ ET 0.5 g 313.41 523.29 20.88 -2.88 re f BT 10.079 0 0 10.079 334.53 518.2501 Tm 0 g 1.0358 Tc ( )Tj ET 0.5 g 377.01 523.29 25.92 -2.88 re f BT 10.079 0 0 10.079 403.17 518.2501 Tm 0 g 1.393 Tc [( )357.2( )]TJ ET 0.5 g 449.25 523.29 22.56 -2.88 re f BT 10.079 0 0 10.079 472.05 518.2501 Tm 0 g 0 Tc ( )Tj ET 0.934 g 123.81 516.09 167.52 -12.24 re f BT 10.079 0 0 10.079 123.81 505.7701 Tm 0 g (Working capital)Tj ET 0.934 g 291.57 516.09 12.48 -12.24 re f BT 10.079 0 0 10.079 291.57 505.7701 Tm 0 g ( )Tj ET 0.934 g 304.29 516.09 8.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 308.37 506.2501 Tm 0 g ($)Tj ET 0.934 g 313.41 516.09 20.88 -12.24 re f BT 10.079 0 0 10.079 316.77 506.2501 Tm 0 g (95.7)Tj ET 0.934 g 334.53 516.09 12.72 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 334.53 505.7701 Tm 0 g ( )Tj ET 0.934 g 347.49 516.09 12.72 -12.24 re f BT 10.079 0 0 10.079 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10.079 472.05 494.4901 Tm 0 g 0 Tc ( )Tj -44.2899 -2.5241 TD (In October 2002, the Company repaid its $100 million revolving credit facility and terminated the agreement. The Company is )Tj 0 -1.1192 TD (evaluating a possible $20 million revolving credit bank facility to provide additional liquidity. In December 2002, the Company)Tj 51.1864 0 TD ( paid )Tj -51.1864 -1.1192 TD ($15 million on its senior notes, reducing the balance outstanding to $55 million. )Tj 0 -2.5241 TD (The Company received a federal income tax refund in the second quarter of 2002 of $11.6 million, an increase of $7.7 million co)Tj 51.6243 0 TD (mpared )Tj -51.6243 -1.1192 TD (to the December 31, 2001 receivable. The increase was primarily due to the )Tj /F2 1 Tf 30.5172 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Job Creation and Worker Assistance Act of 2002)Tj /F2 1 Tf 19.6332 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( which )Tj -51.0384 -1.1192 TD (was enacted by Congress in March 2002 and allowed for the carryback of net operating losses for up to five years; previously th)Tj 51.2624 0 TD (e )Tj -51.2624 -1.1192 TD (limitation was two years. )Tj 0 -2.524 TD (The Company anticipates that its share of capital expenditures related to the iron ore business, which was $10.6 million in 200)Tj 50.5454 0 TD (2, will )Tj -50.5454 -1.1192 TD (increase to about $30 million in 2003, reflecting the Company)Tj /F2 1 Tf 24.8847 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s increased ownership. The Company expects to fund its capital )Tj -25.2177 -1.1192 TD (expenditures from available cash and current operations. )Tj 27.3359 -2.6907 TD (23)Tj ET endstreamendobj67 0 obj<< /Type /Page /Parent 246 0 R /Resources 68 0 R /Contents 69 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj68 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj69 0 obj<< /Length 4902 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -485.76 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F13 1 Tf 10.079 0 0 10.079 25.65 952.41 Tm (Capitalization)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 951.21 m 86.85 951.21 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 926.4901 Tm (In December 2002, the Company amended it $70 million senior unsecured note agreement. As part of the fourth quarter negotiation)Tj 52.7362 0 TD (s, the )Tj -52.7362 -1.1191 TD (Company paid and expensed an amendment fee of $1.2 million. The amended agreement contains various covenants including )Tj T* (limitations on incurrence of additional debt, leases, and disposition of assets, and a minimum EBITDA requirement and coverage )Tj 52.0163 0 TD (ratio. )Tj -52.0163 -1.1192 TD (The Company was in compliance with the amended covenants at December 31, 2002, and expects to remain in compliance in 2003. The)Tj 54.5411 0 TD ( )Tj -54.5411 -1.1192 TD (Company made a principal payment of $15 million on December 31, 2002 to reduce the amount outstanding to $55 million at the end)Tj 53.4632 0 TD ( of )Tj -53.4632 -1.1191 TD (2002. In addition, scheduled principal payments of $20 million in December, 2003, $20 million in December, 2004 and $15 million)Tj 52.7142 0 TD ( in )Tj -52.7142 -1.1192 TD (December, 2005 are required. Scheduled payments may be accelerated for realization of excess cash flows and certain asset sales)Tj 51.7013 0 TD (; the )Tj -51.7013 -1.1192 TD (notes may be paid off at any time without penalty. The interest rate remains at 7.0 percent through December 15, 2003, increase)Tj 51.1794 0 TD (s to )Tj -51.1794 -1.1192 TD (9.5 percent from December 15, 2003 through December 14, 2004, and to 10.5 percent from December 14, 2004 to maturity of the )Tj T* (agreement on December 15, 2005. )Tj 0 -2.524 TD (In the fourth quarter of 2002, the Company repaid the $100 million borrowed on its revolving credit facility and terminated the)Tj 50.7944 0 TD ( )Tj -50.7944 -1.1192 TD (agreement. The Company had capital lease obligations at December 31, 2002 of $12.3 million, including its unconsolidated share )Tj 52.1003 0 TD (of )Tj -52.1003 -1.1191 TD (mining ventures. The Company had no unsecured letters of credit outstanding at December 31, 2002. )Tj /F13 1 Tf 0 -2.5955 TD (Operations and Customers)Tj ET 25.65 749.61 m 141.57 749.61 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 723.2101 Tm (Sales)Tj ET 25.65 722.01 m 47.01 722.01 l S BT 10.079 0 0 10.079 25.65 697.29 Tm (The Company)Tj /F2 1 Tf 5.6935 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s pellet sales were 14.7 million tons in 2002 versus 8.4 million tons in 2001. The increase in pellet sales in 2002 was due )Tj -6.0265 -1.1191 TD (to higher demand by the integrated steel industry and new sales agreements in 2002. The Company ended the year 2002 with 3.9 mi)Tj 52.8212 0 TD (llion )Tj -52.8212 -1.1192 TD (tons of iron ore pellet inventory, an increase of .9 million tons from 2001, reflecting the Company)Tj /F2 1 Tf 39.1864 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s increased sales and mine ownership. )Tj -39.5194 -1.1192 TD (The Company expects pellet sales in 2003 to approximate production of about 20 million tons. The Company)Tj /F2 1 Tf 43.799 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s sales volume is largely )Tj -44.132 -1.1192 TD (committed under multi-year sales contracts, which are subject to changes in customer requirements. Factors impacting the Compan)Tj 52.4872 0 TD (y)Tj /F2 1 Tf 0.5 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s )Tj -53.3202 -1.1191 TD (average price realization under various sales contracts include measures of general inflation, steel prices, the international )Tj 48.9276 0 TD (pellet price, )Tj -48.9276 -1.1192 TD (and mine operating cost factors, including energy costs. )Tj 0 -2.524 TD (Customers)Tj ET 25.65 603.21 m 68.85 603.21 l S BT 10.079 0 0 10.079 25.65 578.73 Tm (In April 2002, the Company signed a long-term agreement to supply iron ore pellets to ISG. The Company is the sole supplier of )Tj 51.7963 0 TD (pellets )Tj -51.7963 -1.1192 TD (purchased by ISG for its Cleveland and Indiana Harbor facilities for a 15-year period beginning in 2002. Sales depend on ISG)Tj /F2 1 Tf 50.4024 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s pellet )Tj -50.7354 -1.1192 TD (requirements. The Company invested $13.0 million in the second quarter and $4.4 million in the third quarter in ISG common stoc)Tj 52.2973 0 TD (k, )Tj -52.2973 -1.1192 TD (representing approximately 7 percent of ISG)Tj /F2 1 Tf 17.8554 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s equity. The investment is being accounted for under the )Tj /F2 1 Tf 23.1889 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 -47.1257 -1.1192 TD ()Tj /F12 1 Tf 0.444 0 TD (Other investments.)Tj /F2 1 Tf 7.5543 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj 18.8937 -2.6907 TD (24)Tj ET endstreamendobj70 0 obj<< /Type /Page /Parent 246 0 R /Resources 71 0 R /Contents 72 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj71 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj72 0 obj<< /Length 16156 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -581.52 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 (In July 2002, the Company amended its iron ore pellet sales agreement with Rouge, which provides that the Company will be the s)Tj 52.3793 0 TD (ole )Tj -52.3793 -1.1191 TD (supplier of iron ore pellets to Rouge. Rouge is expected to purchase in excess of 3 million tons per year beginning in 2003, an)Tj 50.3504 0 TD (d has )Tj -50.3504 -1.1192 TD (annual minimum obligations through 2007. The Company also loaned $10 million to Rouge on a secured basis, with final maturity i)Tj 52.8832 0 TD (n )Tj -52.8832 -1.1192 TD (2007. 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10.079 0 0 10.079 452.13 742.6501 Tm 0 g ( )Tj ET 0.934 g 461.49 751.77 17.52 -11.04 re f BT 10.079 0 0 10.079 466.53 742.6501 Tm 0 g (6.1)Tj ET 0.934 g 479.25 751.77 9.12 -11.04 re f BT 10.079 0 0 10.079 479.25 742.6501 Tm 0 g ( )Tj -35.2653 -1.1192 TD [( Northshore)-6931.2( )-893( )-178.6(100.0)-12.3( )-583.4( )-488.2( )-178.6(100.0)-12.3( )-583.4( )-535.8( )-559.6(4.2)-12.1( )-59.6( )-1154.9( )-59.6(2.8)-12.1( )-59.6( )-440.5( )-1178.7(4.2)-12.1( )-678.7( )-202.4( )-1178.7(2.8)-12.1( )]TJ ET 0.934 g 123.81 729.21 125.04 -11.04 re f BT 10.079 0 0 10.079 123.81 720.0901 Tm 0 g ( Tilden)Tj ET 0.934 g 249.09 729.21 11.28 -11.04 re f BT 10.079 0 0 10.079 249.09 720.0901 Tm 0 g ( )Tj ET 0.934 g 260.61 729.21 4.08 -11.04 re f BT 10.079 0 0 10.079 260.61 720.0901 Tm 0 g ( )Tj ET 0.934 g 264.93 729.21 22.56 -11.04 re f BT 10.079 0 0 10.079 269.97 720.0901 Tm 0 g (85.0)Tj ET 0.934 g 287.73 729.21 8.16 -11.04 re f BT 10.079 0 0 10.079 287.73 720.0901 Tm 0 g ( )Tj ET 0.934 g 296.13 729.21 7.2 -11.04 re f BT 10.079 0 0 10.079 296.13 720.0901 Tm 0 g ( )Tj ET 0.934 g 303.57 729.21 4.08 -11.04 re f BT 10.079 0 0 10.079 303.57 720.0901 Tm 0 g ( )Tj ET 0.934 g 307.89 729.21 22.56 -11.04 re f BT 10.079 0 0 10.079 312.93 720.0901 Tm 0 g (40.0)Tj ET 0.934 g 330.69 729.21 8.16 -11.04 re f BT 10.079 0 0 10.079 330.69 720.0901 Tm 0 g ( )Tj ET 0.934 g 339.09 729.21 7.68 -11.04 re f BT 10.079 0 0 10.079 339.09 720.0901 Tm 0 g ( )Tj ET 0.934 g 347.01 729.21 2.88 -11.04 re f BT 10.079 0 0 10.079 347.01 720.0901 Tm 0 g ( )Tj ET 0.934 g 350.13 729.21 17.52 -11.04 re f BT 10.079 0 0 10.079 355.17 720.0901 Tm 0 g (6.7)Tj ET 0.934 g 367.89 729.21 2.88 -11.04 re f BT 10.079 0 0 10.079 367.89 720.0901 Tm 0 g ( )Tj ET 0.934 g 371.01 729.21 13.92 -11.04 re f BT 10.079 0 0 10.079 371.01 720.0901 Tm 0 g ( )Tj ET 0.934 g 385.17 729.21 2.88 -11.04 re f BT 10.079 0 0 10.079 385.17 720.0901 Tm 0 g ( )Tj ET 0.934 g 388.29 729.21 12.48 -11.04 re f BT 10.079 0 0 10.079 388.29 720.0901 Tm 0 g (2.2)Tj ET 0.934 g 401.01 729.21 2.88 -11.04 re f BT 10.079 0 0 10.079 401.01 720.0901 Tm 0 g ( )Tj ET 0.934 g 404.13 729.21 6.72 -11.04 re f BT 10.079 0 0 10.079 404.13 720.0901 Tm 0 g ( )Tj ET 0.934 g 411.09 729.21 9.12 -11.04 re f BT 10.079 0 0 10.079 411.09 720.0901 Tm 0 g ( )Tj ET 0.934 g 420.45 729.21 17.52 -11.04 re f BT 10.079 0 0 10.079 425.49 720.0901 Tm 0 g (7.9)Tj ET 0.934 g 438.21 729.21 9.12 -11.04 re f BT 10.079 0 0 10.079 438.21 720.0901 Tm 0 g ( )Tj ET 0.934 g 447.57 729.21 4.32 -11.04 re f BT 10.079 0 0 10.079 447.57 720.0901 Tm 0 g ( )Tj ET 0.934 g 452.13 729.21 9.12 -11.04 re f BT 10.079 0 0 10.079 452.13 720.0901 Tm 0 g ( )Tj ET 0.934 g 461.49 729.21 17.52 -11.04 re f BT 10.079 0 0 10.079 466.53 720.0901 Tm 0 g (6.4)Tj ET 0.934 g 479.25 729.21 9.12 -11.04 re f BT 10.079 0 0 10.079 479.25 720.0901 Tm 0 g ( )Tj -35.2653 -1.1192 TD [( Wabush)-8153.1( )-893( )-678.7(26.8)-12.2( )-583.4( )-488.2( )-678.7(22.8)-12.2( )-583.4( )-535.8( )-559.6(1.2)-12.1( )-59.6( )-1154.9( )-559.6(.9)-12( )-59.6( )-440.5( )-1178.7(4.5)-12.1( )-678.7( )-202.4( )-1178.7(4.4)-12.1( )]TJ T* 0.1786 Tc [( )-12001.2( )-714.4( )-1833.5( )-404.8( )-309.6( )-1833.5( )-404.8( )-357.2( )]TJ ET 0.5 g 350.13 701.37 17.52 -0.48 re f BT 10.079 0 0 10.079 367.89 697.53 Tm 0 g 0.0596 Tc [( )-1095.3( )]TJ ET 0.5 g 388.29 701.37 12.48 -0.48 re f BT 10.079 0 0 10.079 401.01 697.53 Tm 0 g [( )-380.9( )]TJ ET 0.5 g 420.45 701.37 17.52 -0.48 re f BT 10.079 0 0 10.079 438.21 697.53 Tm 0 g 0.6787 Tc [( )476.3( )]TJ ET 0.5 g 461.49 701.37 17.52 -0.48 re f BT 10.079 0 0 10.079 479.25 697.53 Tm 0 g 0 Tc ( )Tj ET 0.934 g 123.81 695.37 11.28 -11.04 re f BT 10.079 0 0 10.079 123.81 686.2501 Tm 0 g ( )Tj ET 0.934 g 135.33 695.37 113.52 -11.04 re f BT 10.079 0 0 10.079 135.33 686.2501 Tm 0 g ( Total Production)Tj ET 0.934 g 249.09 695.37 11.28 -11.04 re f BT 10.079 0 0 10.079 249.09 686.2501 Tm 0 g ( )Tj ET 0.934 g 260.61 695.37 4.08 -11.04 re f BT 10.079 0 0 10.079 260.61 686.2501 Tm 0 g ( )Tj ET 0.934 g 264.93 695.37 22.56 -11.04 re f BT 10.079 0 0 10.079 264.93 686.2501 Tm 0 g ( )Tj ET 0.934 g 287.73 695.37 8.16 -11.04 re f BT 10.079 0 0 10.079 287.73 686.2501 Tm 0 g ( )Tj ET 0.934 g 296.13 695.37 7.2 -11.04 re f BT 10.079 0 0 10.079 296.13 686.2501 Tm 0 g ( )Tj ET 0.934 g 303.57 695.37 4.08 -11.04 re f BT 10.079 0 0 10.079 303.57 686.2501 Tm 0 g ( )Tj ET 0.934 g 307.89 695.37 22.56 -11.04 re f BT 10.079 0 0 10.079 307.89 686.2501 Tm 0 g ( )Tj ET 0.934 g 330.69 695.37 8.16 -11.04 re f BT 10.079 0 0 10.079 330.69 686.2501 Tm 0 g ( )Tj ET 0.934 g 339.09 695.37 7.68 -11.04 re f BT 10.079 0 0 10.079 339.09 686.2501 Tm 0 g ( )Tj ET 0.934 g 347.01 695.37 2.88 -11.04 re f BT 10.079 0 0 10.079 347.01 686.2501 Tm 0 g ( )Tj ET 0.934 g 350.13 695.37 17.52 -11.04 re f BT 10.079 0 0 10.079 350.13 686.2501 Tm 0 g (14.7)Tj ET 0.934 g 367.89 695.37 2.88 -11.04 re f BT 10.079 0 0 10.079 367.89 686.2501 Tm 0 g ( )Tj ET 0.934 g 371.01 695.37 13.92 -11.04 re f BT 10.079 0 0 10.079 371.01 686.2501 Tm 0 g ( )Tj ET 0.934 g 385.17 695.37 2.88 -11.04 re f BT 10.079 0 0 10.079 385.17 686.2501 Tm 0 g ( )Tj ET 0.934 g 388.29 695.37 12.48 -11.04 re f BT 10.079 0 0 10.079 388.29 686.2501 Tm 0 g (7.8)Tj ET 0.934 g 401.01 695.37 2.88 -11.04 re f BT 10.079 0 0 10.079 401.01 686.2501 Tm 0 g ( )Tj ET 0.934 g 404.13 695.37 6.72 -11.04 re f BT 10.079 0 0 10.079 404.13 686.2501 Tm 0 g ( )Tj ET 0.934 g 411.09 695.37 9.12 -11.04 re f BT 10.079 0 0 10.079 411.09 686.2501 Tm 0 g ( )Tj ET 0.934 g 420.45 695.37 17.52 -11.04 re f BT 10.079 0 0 10.079 420.45 686.2501 Tm 0 g (27.9)Tj ET 0.934 g 438.21 695.37 9.12 -11.04 re f BT 10.079 0 0 10.079 438.21 686.2501 Tm 0 g ( )Tj ET 0.934 g 447.57 695.37 4.32 -11.04 re f BT 10.079 0 0 10.079 447.57 686.2501 Tm 0 g ( )Tj ET 0.934 g 452.13 695.37 9.12 -11.04 re f BT 10.079 0 0 10.079 452.13 686.2501 Tm 0 g ( )Tj ET 0.934 g 461.49 695.37 17.52 -11.04 re f BT 10.079 0 0 10.079 461.49 686.2501 Tm 0 g (25.4)Tj ET 0.934 g 479.25 695.37 9.12 -11.04 re f BT 10.079 0 0 10.079 479.25 686.2501 Tm 0 g ( )Tj -35.2653 -1.1191 TD 0.1786 Tc [( )-12001.2( )-714.4( )-1833.5( )-404.8( )-309.6( )-1833.5( )-404.8( )-357.2( )]TJ ET 0.5 g 350.13 680.01 17.52 -2.88 re f BT 10.079 0 0 10.079 367.89 674.9701 Tm 0 g 0.0596 Tc [( )-1095.3( )]TJ ET 0.5 g 388.29 680.01 12.48 -2.88 re f BT 10.079 0 0 10.079 401.01 674.9701 Tm 0 g [( )-380.9( )]TJ ET 0.5 g 420.45 680.01 17.52 -2.88 re f BT 10.079 0 0 10.079 438.21 674.9701 Tm 0 g 0.6787 Tc [( )476.3( )]TJ ET 0.5 g 461.49 680.01 17.52 -2.88 re f BT 10.079 0 0 10.079 479.25 674.9701 Tm 0 g 0 Tc ( )Tj -45.0043 -2.5241 TD (The 6.9 million ton increase in the Company)Tj /F2 1 Tf 17.8864 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s share of 2002 production compared to 2001 reflected Cliffs)Tj /F2 1 Tf 24.4098 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( increased ownership in four )Tj -42.9621 -1.1191 TD (mines and increased production at all mines, except Empire, to meet increased iron ore demand and orders from steel company )Tj T* (customers. Empire was idled in the first part of 2002, but operated at capacity in the later part of the year. The Company prel)Tj 49.9305 0 TD (iminarily )Tj -49.9305 -1.1192 TD (expects total mine production in 2003 to be 32.6 million tons; the Company)Tj /F2 1 Tf 30.3033 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s share of production is currently expected to be 19.9 million )Tj -30.6362 -1.1192 TD (tons to meet sales requirements. Production schedules remain subject to change in pellet demand. )Tj 0 -2.524 TD (Ownership Increases)Tj ET 25.65 578.01 m 110.13 578.01 l S BT 10.079 0 0 10.079 25.65 553.53 Tm (Empire Mine )Tj T* (Effective December 31, 2002, the Company increased its ownership in Empire from 35 percent to 79 percent for assumption of all )Tj 52.4023 0 TD (mine )Tj -52.4023 -1.1192 TD (liabilities. Under terms of the agreement, the Company has indemnified Ispat Inland from obligations of Empire in exchange for )Tj 51.5713 0 TD (certain )Tj -51.5713 -1.1192 TD (future payments to Empire and to the Company by Ispat Inland of $120.0 million, recorded at a present value of $58.8 million at)Tj 51.4063 0 TD ( )Tj -51.4063 -1.1191 TD (December 31, 2002 \($53.8 million classified as )Tj /F2 1 Tf 19.1903 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Long-term receivable)Tj /F2 1 Tf 8.6352 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( with the balance current\) over the 12 year life of a new sales )Tj -28.7134 -1.1192 TD (agreement. A subsidiary of Ispat Inland will retain a 21 percent ownership in Empire, for which it has a unilateral right to pu)Tj 49.8205 0 TD (t to the )Tj -49.8205 -1.1192 TD (Company in five years. The Company will become the sole supplier of pellets purchased by Ispat Inland for the term of the sales)Tj 51.4593 0 TD ( )Tj -51.4593 -1.1192 TD (agreement. As a result of this transaction, the Company)Tj /F2 1 Tf 22.217 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s financial position at December 31, 2002 includes consolidation of Empire; )Tj -22.55 -1.1192 TD (previously the Company)Tj /F2 1 Tf 9.8321 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s investment in Empire had been accounted for utilizing the )Tj /F2 1 Tf 24.1058 0 TD ()Tj /F12 1 Tf 0.444 0 TD (equity method)Tj /F2 1 Tf 5.7495 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( and was included in )Tj /F2 1 Tf 8.4702 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Investment )Tj -49.8225 -1.1192 TD (in Associated Iron Ore Ventures.)Tj /F2 1 Tf 13.1898 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj 13.7022 -2.6907 TD (25)Tj ET endstreamendobj73 0 obj<< /Type /Page /Parent 246 0 R /Resources 74 0 R /Contents 75 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj74 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj75 0 obj<< /Length 4572 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -520.8 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 (Prior to the foregoing agreement, Ispat Inland and the Company funded total fixed obligations of Empire in proportion to their )Tj 50.7954 0 TD (40 percent )Tj -50.7954 -1.1191 TD (and 35 percent respective ownerships under an interim agreement after a subsidiary of LTV Corporation \()Tj /F2 1 Tf 42.3472 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (LTV)Tj /F2 1 Tf 1.9438 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) discontinued meeting )Tj -45.1789 -1.1192 TD (its 25 percent Empire ownership obligations in November, 2001. LTV, which had filed for protection under Chapter 11 of the U.S.)Tj 52.3493 0 TD ( )Tj -52.3493 -1.1192 TD (Bankruptcy Code on December 29, 2000, rejected its Empire ownership in March, 2002. )Tj 0 -2.524 TD (As a result of increasing production costs, revised economic mine-planning studies were completed in the fourth quarter of 2002)Tj 51.4033 0 TD (. Based )Tj -51.4033 -1.1191 TD (on the outcome of these studies, the economic ore reserves at Empire were reduced from 116 million tons at December 31, 2001 to)Tj 52.3742 0 TD ( )Tj -52.3742 -1.1192 TD (approximately 63 million tons of pellets at December 31, 2002. Subsequently, the Company concluded that the assets of Empire we)Tj 52.7122 0 TD (re )Tj -52.7122 -1.1192 TD (impaired, based on an undiscounted probability-weighted cash flow analysis. The Company recorded an impairment charge of )Tj T* ($52.7 million at December 31, 2002 to write off the recorded carrying value of the long-lived assets of Empire. )Tj 0 -2.524 TD (Tilden Mine )Tj T* (On January 31, 2002, the Company increased its ownership in Tilden to 85 percent with the acquisition of Algoma)Tj /F2 1 Tf 45.8798 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s interest in Tilden )Tj -46.2128 -1.1191 TD (for assumption of mine liabilities. The acquisition increased the Company)Tj /F2 1 Tf 29.6063 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s annual production capacity by 3.5 million tons. )Tj -29.9393 -1.1192 TD (Concurrently, a sales agreement was executed that made the Company the sole supplier of iron ore pellets purchased by Algoma fo)Tj 52.4572 0 TD (r a )Tj -52.4572 -1.1192 TD (15-year period. )Tj 0 -2.524 TD (Hibbing Mine )Tj T* (In July, 2002, the Company acquired \(effective retroactive to January 1, 2002\) an 8 percent interest in Hibbing from Bethlehem )Tj 51.2913 0 TD (for the )Tj -51.2913 -1.1192 TD (assumption of mine liabilities associated with the interest. The acquisition increased the Company)Tj /F2 1 Tf 39.2434 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s ownership of Hibbing from )Tj -39.5764 -1.1192 TD (15 percent to 23 percent. This transaction reduces Bethlehem)Tj /F2 1 Tf 24.4648 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s ownership interest in Hibbing to 62.3 percent. In October 2001, )Tj -24.7978 -1.1192 TD (Bethlehem filed for protection under Chapter 11 of the U.S. Bankruptcy Code. Bethlehem continues to fund its Hibbing obligation)Tj 52.2413 0 TD (s and )Tj -52.2413 -1.1191 TD (take iron ore from the mine. At the time of the filing, the Company had a trade receivable of approximately $1.0 million which )Tj 50.9884 0 TD (has been )Tj -50.9884 -1.1192 TD (reserved. )Tj 0 -2.524 TD (Wabush Mines )Tj T* (In August 2002, Acme Steel Company, a wholly-owned subsidiary of Acme Metals Incorporated \(collectively )Tj /F2 1 Tf 44.378 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (Acme)Tj /F2 1 Tf 2.3878 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\), which had been )Tj -47.6537 -1.1191 TD (under Chapter 11 bankruptcy protection since 1998, rejected its 15.1 percent interest in Wabush. As a result, the Company)Tj /F2 1 Tf 48.9876 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s interest )Tj -49.3205 -1.1192 TD (increased to 26.83 percent. Acme had discontinued funding its Wabush obligations in August 2001. )Tj 0 -2.524 TD (Effect of Mine Ownership Increases )Tj T* (While none of the increases in mine ownerships during 2002 required cash payments or assumption of debt, the ownership changes )Tj 0 -1.1192 TD (resulted in the Company recognizing net obligations of approximately $93 million at December 31, 2002. Obligations totaled )Tj T* (approximately $163 million, primarily related to employment and legacy obligations at Empire and Tilden mines, partially offset)Tj 51.6023 0 TD ( by non-)Tj -51.6023 -1.1192 TD (capital long-term assets, principally the $58.9 million Ispat Inland long term receivable \($5.0 million current\). )Tj 27.3359 -2.6907 TD (26)Tj ET endstreamendobj76 0 obj<< /Type /Page /Parent 246 0 R /Resources 77 0 R /Contents 78 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj77 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj78 0 obj<< /Length 5644 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -520.32 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 (Other Related Items)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 952.17 m 107.73 952.17 l S BT 10.079 0 0 10.079 25.65 927.6901 Tm (The iron ore industry has been identified by the U.S. Environmental Protection Agency \()Tj /F2 1 Tf 35.5198 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (EPA)Tj /F2 1 Tf 1.8888 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) as an industrial category that emits )Tj -38.2965 -1.1192 TD (pollutants established by the 1990 Clean Air Act Amendments. These pollutants included over 200 substances that are now classif)Tj 52.1283 0 TD (ied as )Tj -52.1283 -1.1192 TD (hazardous air pollutants \()Tj /F2 1 Tf 10.1361 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (HAP)Tj /F2 1 Tf 1.9998 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\). The EPA is required to develop rules that would require major sources of HAP to utilize Maximum )Tj -13.0238 -1.1191 TD (Achievable Control Technology \()Tj /F2 1 Tf 13.4688 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (MACT)Tj /F2 1 Tf 2.8887 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) standards for their emissions. The EPA published a Proposed Rule on December 18, 2002, )Tj -17.2454 -1.1191 TD (and is scheduled to issue a Final Rule in August 2003, and require compliance by 2006. The projected costs to the Company, incl)Tj 51.7403 0 TD (uding )Tj -51.7403 -1.1192 TD (capital expenditures, to meet the proposed MACT standards, as currently proposed, could be approximately of $15 million. )Tj 0 -2.524 TD (Five-year labor agreements between the United Steelworkers of America \()Tj /F2 1 Tf 29.7943 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (USWA)Tj /F2 1 Tf 2.9437 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) and the Empire, Hibbing, and Tilden mines were )Tj -33.6259 -1.1191 TD (ratified in August 1999. The agreements, which were patterned after agreements negotiated by major steel companies, provide )Tj T* (employees with improvements in pensions, wages, and other benefits. The agreements also commit the mines and the union jointly )Tj 52.6572 0 TD (to )Tj -52.6572 -1.1192 TD (seek operating cost improvements. Wabush Mines in Canada also settled on a five-year contract in July 1999. )Tj 0 -2.524 TD (On April 4, 2002, the Company signed an agreement to participate in Phase II of the Mesabi Nugget Project. Other participants i)Tj 51.4323 0 TD (nclude )Tj -51.4323 -1.1192 TD (Kobe Steel, Ltd., Steel Dynamics, Inc., Ferrometrics, Inc. and the State of Minnesota. A $24 million pilot plant is being const)Tj 50.1865 0 TD (ructed at )Tj -50.1865 -1.1192 TD (the Company)Tj /F2 1 Tf 5.3605 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 in nugget )Tj -25.9666 -1.1192 TD (form, with minor funding support provided by the U.S. Department of Energy. The Company)Tj /F2 1 Tf 37.4096 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s contribution to the project through the )Tj -37.7426 -1.1191 TD (pilot plant testing and development phase, is $4.5 million, primarily contributions of in-kind facilities and services. If the )Tj 48.6596 0 TD (pilot plant is )Tj -48.6596 -1.1192 TD (successful, construction of a commercial size facility with a capacity range of 300,000 to 700,000 tons annually, could start a)Tj 50.0705 0 TD (s early as )Tj -50.0705 -1.1192 TD (2004. )Tj 0 -2.524 TD (In January 2002, the Company invested $7.4 million \($3.0 million in 2001\) in a new joint venture to acquire certain power-relat)Tj 51.1284 0 TD (ed assets )Tj -51.1284 -1.1192 TD (in a purchase-leaseback arrangement. The investment, which is included in )Tj /F2 1 Tf 30.2683 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Other investments)Tj /F2 1 Tf 7.3043 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( is accounted for utilizing the )Tj /F2 1 Tf 11.9419 0 TD ()Tj /F12 1 Tf 0.444 0 TD (equity )Tj -50.8464 -1.1192 TD (method.)Tj /F2 1 Tf 3.2497 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj /F13 1 Tf -3.6937 -2.5955 TD (Strategic Investments)Tj ET 25.65 643.53 m 119.01 643.53 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 618.8101 Tm (The Company is pursuing investment opportunities to broaden its scope as a supplier of iron ore pellets to the integrated steel)Tj 50.1575 0 TD ( industry )Tj -50.1575 -1.1192 TD (through acquisition of additional mining interests. In the normal course of business, the Company examines opportunities to str)Tj 50.9094 0 TD (engthen )Tj -50.9094 -1.1192 TD (its position by evaluating various investment opportunities consistent with its strategy. 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As )Tj -49.2085 -1.1192 TD (of December 31, 2002, the Company and its unconsolidated ventures had combined employment of 3,858 employees and 3,773 retirees)Tj 54.2651 0 TD (, )Tj -54.2651 -1.1191 TD (or slightly less than one retiree per active employee. )Tj 27.3359 -2.6907 TD (27)Tj ET endstreamendobj79 0 obj<< /Type /Page /Parent 246 0 R /Resources 80 0 R /Contents 81 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj80 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj81 0 obj<< /Length 9215 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -550.56 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 (The defined benefit pension plans are largely noncontributory, and benefits are generally based on employees)Tj /F2 1 Tf 43.847 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( years of service and )Tj -44.18 -1.1191 TD (average earnings for a defined period prior to retirement, or a minimum formula. 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The Company)Tj /F2 1 Tf 25.0777 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s )Tj -54.1791 -1.1192 TD (estimated annual contribution to the VEBAs will approximate $3.5 million in 2003 based on production. )Tj 0 -2.524 TD (As a result of decreasing long-term interest rates, the Company decreased the discount rate used to determined its defined bene)Tj 50.7624 0 TD (fit pension )Tj -50.7624 -1.1191 TD (and Other Benefits obligations to 6.9 percent at December 31, 2002 from 7.5 percent at December 31, 2001 and 7.75 percent at )Tj T* (December 31, 2000. )Tj 0 -2.524 TD (The Company)Tj /F2 1 Tf 5.6935 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s assumption of 9 percent returns on pension plan and VEBA assets remains unchanged. The assumption is supported by )Tj -6.0265 -1.1192 TD (long-term performance. 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-11.04 re f BT 10.079 0 0 10.079 429.81 480.0901 Tm 0 g ( )Tj ET 0.934 g 434.85 489.21 17.52 -11.04 re f BT 10.079 0 0 10.079 434.85 480.0901 Tm 0 g (21.6)Tj ET 0.934 g 452.61 489.21 7.68 -11.04 re f BT 10.079 0 0 10.079 452.61 480.0901 Tm 0 g ( )Tj -29.8362 -1.1192 TD 0.8215 Tw [(2004 )821.5(Estimated)-6156.5( )571.5(33.8)-12.2( )333.3( 10.5)-12.2( )-23.8(37.9)-12.2( )-23.8( )-23.8( )571.5(25.4)-12.2( )]TJ 14.8109 -2.6907 TD 0 Tw (28)Tj ET endstreamendobj82 0 obj<< /Type /Page /Parent 246 0 R /Resources 83 0 R /Contents 84 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj83 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj84 0 obj<< /Length 5453 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -494.88 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 (Due to the sharp decline in the value of the equity holdings of its various pension trusts, lower interest rates utilized in di)Tj 48.2966 0 TD (scounting )Tj -48.2966 -1.1191 TD (liabilities, and the Company)Tj /F2 1 Tf 11.277 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s increased ownership in mines at December 31, 2002, the Company recorded, in accordance with SFAS )Tj -11.6099 -1.1192 TD (No. 87, )Tj /F2 1 Tf 3.2217 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Employer)Tj /F2 1 Tf 3.9436 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s Accounting for Pension)Tj /F2 1 Tf 10.1371 0 TD ()Tj /F12 1 Tf 0.444 0 TD (, an additional minimum pension liability of $180.4 million, which resulted in a 2002 )Tj -18.5233 -1.1192 TD (charge directly to shareholders equity of $109.7 million in 2002. The charge to equity does not run through the )Tj /F2 1 Tf 44.574 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Statement of )Tj -45.0179 -1.1192 TD (Operations)Tj /F2 1 Tf 4.3876 0 TD ()Tj /F12 1 Tf 0.444 0 TD (, and in concept, represents the current state of the pension plans as if they were frozen in time. Additionally, the charge do)Tj 49.2075 0 TD (es )Tj -54.0391 -1.1191 TD (not affect pension funding requirements in the near term. )Tj /F13 1 Tf 0 -2.5955 TD (Environmental and Closure Obligations)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 869.37 m 198.21 869.37 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 844.65 Tm (At December 31, 2002, the Company had environmental and closure obligations, including its share of the obligations of ventures)Tj 52.0173 0 TD (, of )Tj -52.0173 -1.1192 TD ($95.5 million \($70.6 million at December 31, 2001\), of which $9.8 million is current. Payments in 2002 were $8.3 million \(2001 )Tj /F2 1 Tf 51.7713 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( )Tj -52.7712 -1.1192 TD ($5.6 million\). The obligations at December 31, 2002 include certain responsibilities for environmental remediation sites, $18.3)Tj 50.7684 0 TD ( million, )Tj -50.7684 -1.1191 TD (closure of LTV Steel Mining Company \()Tj /F2 1 Tf 16.3305 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (LTVSMC)Tj /F2 1 Tf 4.0556 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\), $41.1 million, and obligations for closure of the Company)Tj /F2 1 Tf 24.1078 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s five operating mines, )Tj -45.7149 -1.1192 TD ($36.1 million, reflecting implementation of SFAS No. 143 )Tj /F2 1 Tf 23.6929 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Asset Retirement Obligations)Tj /F2 1 Tf 11.8319 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( effective January 1, 2002. )Tj -36.4127 -2.5241 TD (The LTVSMC closure obligation resulted from an October 2001 transaction where subsidiaries of the Company and Minnesota Power, )Tj 54.2931 0 TD (a )Tj -54.2931 -1.1191 TD (business of Allete, Inc. acquired LTV)Tj /F2 1 Tf 15.0786 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s assets of LTVSMC in Minnesota for $25.0 million \(Company share $12.5 million\). As a result of )Tj -15.4116 -1.1192 TD (this transaction the Company received a payment of $62.5 million from Minnesota Power and assumed environmental and certain )Tj T* (facility closure obligations of $50.0 million. )Tj /F13 1 Tf 0 -2.5955 TD (Market Risk)Tj ET 25.65 712.89 m 80.37 712.89 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 688.17 Tm (The Company is subject to a variety of market risks, including those caused by changes in commodity prices, foreign currency ex)Tj 51.8203 0 TD (change )Tj -51.8203 -1.1191 TD (rates and interest rates. The Company has established policies and procedures to manage such risks; however, certain risks are )Tj 50.7344 0 TD (beyond )Tj -50.7344 -1.1192 TD (the control of the Company. )Tj 0 -2.5241 TD (The Company)Tj /F2 1 Tf 5.6935 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s investment policy relating to its short-term investments \(classified as cash equivalents\) is to preserve principal and )Tj -6.0265 -1.1192 TD (liquidity while maximizing the return through investment of available funds. The carrying value of these investments approximat)Tj 51.6843 0 TD (es fair )Tj -51.6843 -1.1192 TD (value on the reporting dates. )Tj 0 -2.5241 TD (The Company)Tj /F2 1 Tf 5.6935 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s mining ventures enter into forward contracts for certain commodities, primarily natural gas, as a hedge against price )Tj -6.0265 -1.1192 TD (volatility. Such contracts, which are in quantities expected to be delivered and used in the production process, are a means to)Tj 49.9035 0 TD ( limit )Tj -49.9035 -1.1192 TD (exposure to price fluctuations. At December 31, 2002, the notional amounts of the outstanding forward contracts were $4.6 milli)Tj 51.4323 0 TD (on )Tj -51.4323 -1.1192 TD (\(Company share )Tj /F2 1 Tf 6.8314 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( $3.7 million\), with an unrecognized fair value gain of $1.2 million \(Company share )Tj /F2 1 Tf 33.9099 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( $1.0 million\) based on )Tj -42.7411 -1.1192 TD (December 31, 2002 forward rates. The contracts mature at various times through April 2003. 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A hypothetical increase)Tj 52.4012 0 TD ( or )Tj -52.4012 -1.1192 TD (decrease of 10 percent from 2002 year-end interest rates would change the fair value of the senior unsecured notes by $.8 milli)Tj 50.6494 0 TD (on. )Tj -50.6494 -2.5241 TD (A portion of the Company)Tj /F2 1 Tf 10.554 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s operating costs related to Wabush Mines are subject to change in the value of the Canadian dollar; however, )Tj -10.887 -1.1191 TD (the Company does not hedge its exposure to changes in the Canadian dollar. )Tj /F13 1 Tf 0 -2.5955 TD (Critical Accounting Policies)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 866.49 m 146.37 866.49 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 841.77 Tm (Management)Tj /F2 1 Tf 5.2205 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s discussion and analysis of financial condition and results of operations is based on the Company)Tj /F2 1 Tf 39.1874 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s consolidated financial )Tj -45.0739 -1.1191 TD (statements, which have been prepared in accordance with accounting principles generally accepted in the United States \()Tj /F2 1 Tf 48.2336 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (GAAP)Tj /F2 1 Tf 2.7217 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\). )Tj -51.8433 -1.1192 TD (Preparation of financial statements requires management to make assumptions, estimates and judgments that affect the reported a)Tj 51.7363 0 TD (mounts )Tj -51.7363 -1.1192 TD (of assets, liabilities, revenues, costs and expenses, and the related disclosures of contingencies. 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Management believes that the following critic)Tj 50.8504 0 TD (al )Tj -50.8504 -1.1192 TD (accounting policies and practices incorporate estimates and judgments have the most significant impact on the Company)Tj /F2 1 Tf 48.2396 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s financial )Tj -48.5726 -1.1191 TD (statements. )Tj 0 -2.6907 TD (Iron Ore Reserves)Tj ET 25.65 734.49 m 99.33 734.49 l S BT 10.079 0 0 10.079 25.65 709.7701 Tm (The Company regularly evaluates its economic iron ore reserves and updates them as required in accordance with SEC Industry Gui)Tj 52.9012 0 TD (de 7. )Tj -52.9012 -1.1192 TD (The estimated ore reserves could be affected by future industry conditions, geological conditions and ongoing mine planning. )Tj T* (Maintenance of effective production capacity or the ore reserve could require increases in capital and development expenditures)Tj 51.2584 0 TD (. )Tj -51.2584 -1.1192 TD (Alternatively, changes in economic conditions, or the expected quality of ore reserves could decrease capacity or ore reserves.)Tj 50.4814 0 TD ( )Tj -50.4814 -1.1191 TD (Technological progress could alleviate such factors or increase capacity or ore reserves. Significant reductions were made to t)Tj 50.3154 0 TD (he ore )Tj -50.3154 -1.1192 TD (reserves at Empire and Wabush Mines in the fourth quarter of 2002 due to increasing mining and processing costs. The Company us)Tj 52.9872 0 TD (es its )Tj -52.9872 -1.1192 TD (ore reserve estimates to determine the mine closure dates utilized in recording the fair value liability for asset retirement o)Tj 48.7916 0 TD (bligations. See )Tj -48.7916 -1.1192 TD (Note 5 )Tj /F2 1 Tf 2.9437 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( )Tj /F2 1 Tf 0.25 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Environmental and Mine Closure Obligations)Tj /F2 1 Tf 18.2753 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( \(Mine Closure\) in the Notes to Consolidated Financial Statements. Since the )Tj -22.8569 -1.1192 TD (liability represents the present value of the expected future obligation, a significant change in ore reserves would have a sub)Tj 49.5405 0 TD (stantial effect )Tj -49.5405 -1.1192 TD (on the recorded obligation. The Company also utilizes economic ore reserves for evaluating potential impairments of mine assets)Tj 51.6543 0 TD ( and in )Tj -51.6543 -1.1191 TD (determining maximum useful lives utilized to calculate depreciation and amortization of long-lived mine assets. Decreases in or)Tj 51.1824 0 TD (e )Tj -51.1824 -1.1192 TD (reserves could significantly affect these items. )Tj 0 -2.6907 TD (Asset Retirement Obligations)Tj ET 25.65 557.37 m 145.89 557.37 l S BT 10.079 0 0 10.079 25.65 532.6501 Tm (The accrued mine closures obligations for the Company)Tj /F2 1 Tf 22.411 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s active mining operations reflects the adoption of SFAS No. 143 effective )Tj -22.7439 -1.1192 TD (January 1, 2002 to provide for contractual and legal obligations associated with the eventual closure of the mining operations.)Tj 50.3214 0 TD ( The )Tj -50.3214 -1.1192 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s obligations are determined based on detailed estimates adjusted for factors that an outside party would consider \(i.e., )Tj -4.2216 -1.1192 TD (inflation, overhead and profit\), which were escalated \(at an assumed 3 percent\) to the estimated closure dates, and then discou)Tj 50.3724 0 TD (nted using )Tj -50.3724 -1.1192 TD (a credit adjusted risk free )Tj 27.3359 -2.6907 TD (30)Tj ET endstreamendobj88 0 obj<< /Type /Page /Parent 247 0 R /Resources 89 0 R /Contents 90 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj89 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj90 0 obj<< /Length 5976 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -489.6 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 (interest rate of 10.25 percent. The closure date for each location was determined based on the exhaustion date of the remaining)Tj 50.7054 0 TD ( iron ore )Tj -50.7054 -1.1191 TD (reserves. The estimated obligations are particularly sensitive to the impact of changes in mine lives given the difference betw)Tj 50.0695 0 TD (een the )Tj -50.0695 -1.1192 TD (inflation and discount rates. 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The Company )Tj 0 -1.1191 TD (determines impairment based on the asset)Tj /F2 1 Tf 16.6905 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s ability to generate cash flow greater than its carrying value, utilizing an undiscounted )Tj -17.0235 -1.1191 TD (probability-weighted analysis. If the analysis indicates the asset is impaired, the carrying value is adjusted to fair value. T)Tj 48.5716 0 TD (he impairment )Tj -48.5716 -1.1192 TD (analysis and fair value determination can result in significantly different outcomes based on critical assumptions and estimate)Tj 50.2104 0 TD (s including )Tj -50.2104 -1.1192 TD (the quantity and quality of remaining economic ore reserves, and future iron ore prices and production costs. See Note 1 )Tj /F2 1 Tf 48.3196 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( )Tj /F2 1 Tf 0.25 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Operations )Tj -49.5135 -1.1191 TD (and Customers)Tj /F2 1 Tf 5.9715 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( \(Empire Mine\) and Note 3 )Tj /F2 1 Tf 11.108 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( )Tj /F2 1 Tf 0.25 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Discontinued Operation)Tj /F2 1 Tf 9.5811 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( in the Notes to Consolidated Financial Statements. )Tj -28.7424 -2.524 TD (Environmental Remediation Costs)Tj ET 25.65 774.33 m 165.81 774.33 l S BT 10.079 0 0 10.079 25.65 749.85 Tm (The Company has a formal code of environmental protection and restoration. The Company)Tj /F2 1 Tf 36.8517 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s obligations for known environmental )Tj -37.1846 -1.1191 TD (problems at active and closed mining operations and other sites have been recognized based on estimates of the cost of investig)Tj 50.9314 0 TD (ation and )Tj -50.9314 -1.1192 TD (remediation at each site. If the estimate can only be estimated as a range of possible amounts, with no specific amount being m)Tj 50.7654 0 TD (ost likely, )Tj -50.7654 -1.1192 TD (the minimum of the range is accrued. Management reviews its environmental remediation sites quarterly to determine if additiona)Tj 51.9873 0 TD (l cost )Tj -51.9873 -1.1191 TD (adjustments or disclosures are required. 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Potential insuran)Tj 50.1814 0 TD (ce )Tj -50.1814 -1.1192 TD (recoveries are not recognized until realized. )Tj 0 -2.524 TD (Employee Retirement Benefit Obligations)Tj ET 25.65 644.49 m 197.49 644.49 l S BT 10.079 0 0 10.079 25.65 620.0101 Tm (Assumptions used in determining the benefit obligations and the value of plan assets for defined benefit pension plans and post)Tj 50.8514 0 TD (retirement )Tj -50.8514 -1.1192 TD (benefit plans \(primarily retiree healthcare benefits\) offered by the Company and its ventures, are evaluated periodically by ma)Tj 50.4274 0 TD (nagement )Tj -50.4274 -1.1192 TD (in conjunction with outside actuaries. Critical assumptions, such as the discount rate used to measure the benefit obligations,)Tj 49.8245 0 TD ( the )Tj -49.8245 -1.1192 TD (expected long-term rate of return on plan assets, and the medical care cost trend are reviewed annually. Changes in actuarial )Tj T* (assumptions, including discount rates, employee retirement rates, mortality, compensation levels, plan asset investment perform)Tj 51.2124 0 TD (ance, and )Tj -51.2124 -1.1192 TD (healthcare costs, are determined in conjunction with outside actuaries. Changes in actuarial assumptions and/or investment perf)Tj 50.9594 0 TD (ormance )Tj -50.9594 -1.1192 TD (of plan assets can have a significant impact on the Company)Tj /F2 1 Tf 24.1608 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s financial condition due to the magnitude of the Company)Tj /F2 1 Tf 23.5239 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s retirement )Tj -48.3506 -1.1192 TD (obligations. See )Tj /F2 1 Tf 6.6384 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Pensions and Other Postretirement Benefits)Tj /F2 1 Tf 17.4414 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( in this section and Note 8 )Tj /F2 1 Tf 10.693 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( )Tj /F2 1 Tf 0.25 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Retirement Related Benefits)Tj /F2 1 Tf 11.331 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( in the Notes to )Tj -48.6296 -1.1192 TD (Consolidated Financial Statements. )Tj 27.3359 -2.6907 TD (31)Tj ET endstreamendobj91 0 obj<< /Type /Page /Parent 247 0 R /Resources 92 0 R /Contents 93 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj92 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj93 0 obj<< /Length 5859 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -531.84 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 25.65 951.4501 Tm (Income Taxes)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 950.25 m 83.01 950.25 l S BT 10.079 0 0 10.079 25.65 925.53 Tm (Income taxes are based on income \(loss\) for financial reporting purposes and reflect a current tax liability \(asset\) for the es)Tj 49.0386 0 TD (timated taxes )Tj -49.0386 -1.1192 TD (payable \(recoverable\) in the current year tax return and changes in deferred taxes. 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Of the fourteen companies \(not all of whom are current custome)Tj 50.9304 0 TD (rs or )Tj -50.9304 -1.1191 TD (partners of the Company\), three companies are in reorganization, and certain others have experienced financial difficulties. Th)Tj 50.5654 0 TD (e )Tj -50.5654 -1.1192 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s sales are concentrated with a relatively few number of customers. Loss of major sales contracts or the failure of customers t)Tj 50.0395 0 TD (o )Tj -54.2611 -1.1191 TD (perform under existing arrangements due to financial difficulties could adversely affect the Company. 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FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.)Tj 0 -2.6431 TD 0 Tc 0 Tw (Statement of Consolidated Financial Position)Tj /F12 1 Tf 0 -1.1668 TD (Cleveland-Cliffs Inc and Consolidated Subsidiaries )Tj 12 0 0 12 67.65 901.05 Tm 1.37 Tc [( )20( )-23460( )400( )-560( )1180( )-280( )]TJ 7.439 0 0 7.439 67.65 891.6901 Tm 2.331 Tc [( )-32.2( )]TJ 45.651 0 TD 0 Tc 7.6542 Tw [( \(In )7654.2(Millions\))]TJ -45.651 -1.1292 TD 2.331 Tc 0 Tw [( )-32.2( )]TJ 45.651 0 TD 0 Tc 7.5575 Tw [( December )7557.5(31)]TJ -45.651 -1.1292 TD 2.331 Tc 0 Tw [( )-32.2( )]TJ 45.651 0 TD 0 Tc ( )Tj ET 0.5 g 426.69 875.61 117.6 -0.48 re f BT 7.439 0 0 7.439 67.65 865.77 Tm 0 g 2.331 Tc [( )-32.2( )]TJ 45.651 0 TD 0 Tc ( )Tj /F13 1 Tf 5.6136 0.0323 TD (2002)Tj /F12 1 Tf 5.0974 -0.0323 TD 3.8796 Tw [( 2001)]TJ ET 0.5 g 67.65 862.41 476.64 -0.48 re f 0.934 g 67.65 860.01 339.36 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 67.65 850.17 Tm 0 g -0.0001 Tc 0 Tw (ASSETS)Tj ET 0.934 g 407.25 860.01 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 407.25 849.6901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 426.69 860.01 14.4 -12.24 re f BT 10.079 0 0 10.079 426.69 849.6901 Tm 0 g ( )Tj ET 0.934 g 441.33 860.01 25.92 -12.24 re f BT 10.079 0 0 10.079 441.33 849.6901 Tm 0 g ( )Tj ET 0.934 g 467.49 860.01 19.2 -12.24 re f BT 10.079 0 0 10.079 467.49 849.6901 Tm 0 g ( )Tj ET 0.934 g 486.93 860.01 19.2 -12.24 re f BT 10.079 0 0 10.079 486.93 849.6901 Tm 0 g ( )Tj ET 0.934 g 506.37 860.01 5.04 -12.24 re f BT 10.079 0 0 10.079 506.37 849.6901 Tm 0 g ( )Tj ET 0.934 g 511.65 860.01 22.56 -12.24 re f BT 10.079 0 0 10.079 511.65 849.6901 Tm 0 g ( )Tj ET 0.934 g 534.45 860.01 9.84 -12.24 re f BT 10.079 0 0 10.079 534.45 849.6901 Tm 0 g ( )Tj 7.439 0 0 7.439 67.65 840.8101 Tm ( )Tj 10.079 0 0 10.079 67.65 830.01 Tm -0.0001 Tc 1.6789 Tw [(CURRENT )1678.8(ASSETS)-25165.5( )476.3( )-666.7( )1404.9( )-333.3( )]TJ ET 0.934 g 67.65 827.85 18.96 -12.24 re f BT 10.079 0 0 10.079 67.65 817.53 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 86.85 827.85 320.16 -12.24 re f BT 10.079 0 0 10.079 86.85 817.53 Tm 0 g (Cash and cash equivalents)Tj ET 0.934 g 407.25 827.85 19.2 -12.24 re f BT 10.079 0 0 10.079 407.25 817.53 Tm 0 g ( )Tj ET 0.934 g 426.69 827.85 14.4 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 436.29 818.01 Tm 0 g ($)Tj ET 0.934 g 441.33 827.85 25.92 -12.24 re f BT 10.079 0 0 10.079 449.73 818.01 Tm 0 g (61.8)Tj ET 0.934 g 467.49 827.85 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.49 817.53 Tm 0 g ( )Tj ET 0.934 g 486.93 827.85 19.2 -12.24 re f BT 10.079 0 0 10.079 486.93 817.53 Tm 0 g ( )Tj ET 0.934 g 506.37 827.85 5.04 -12.24 re f BT 10.079 0 0 10.079 506.61 817.53 Tm 0 g ($)Tj ET 0.934 g 511.65 827.85 22.56 -12.24 re f BT 10.079 0 0 10.079 511.65 817.53 Tm 0 g (183.8)Tj ET 0.934 g 534.45 827.85 9.84 -12.24 re f BT 10.079 0 0 10.079 534.45 817.53 Tm 0 g ( )Tj -46.3139 -1.2382 TD [( )-1654.9(Trade accounts receivable )]TJ /F2 1 Tf 12.594 0 TD ()Tj /F12 1 Tf 0.9999 0 TD [( net)-18627.9( )-1678.8( )]TJ /F13 1 Tf 24.3145 0.0476 TD (14.1)Tj /F12 1 Tf 1.7621 -0.0476 TD 1.6788 Tw [( )904.9(19.9)-12.2( )]TJ ET 0.934 g 67.65 802.89 18.96 -12.24 re f BT 10.079 0 0 10.079 67.65 792.5701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 86.85 802.89 320.16 -12.24 re f BT 10.079 0 0 10.079 86.85 792.5701 Tm 0 g (Receivables from associated companies)Tj ET 0.934 g 407.25 802.89 19.2 -12.24 re f BT 10.079 0 0 10.079 407.25 792.5701 Tm 0 g ( )Tj ET 0.934 g 426.69 802.89 14.4 -12.24 re f BT 10.079 0 0 10.079 426.69 792.5701 Tm 0 g ( )Tj ET 0.934 g 441.33 802.89 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 454.77 793.05 Tm 0 g (9.0)Tj ET 0.934 g 467.49 802.89 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.49 792.5701 Tm 0 g ( )Tj ET 0.934 g 486.93 802.89 19.2 -12.24 re f BT 10.079 0 0 10.079 486.93 792.5701 Tm 0 g ( )Tj ET 0.934 g 506.37 802.89 5.04 -12.24 re f BT 10.079 0 0 10.079 506.37 792.5701 Tm 0 g ( )Tj ET 0.934 g 511.65 802.89 22.56 -12.24 re f BT 10.079 0 0 10.079 516.6899 792.5701 Tm 0 g (12.1)Tj ET 0.934 g 534.45 802.89 9.84 -12.24 re f BT 10.079 0 0 10.079 534.45 792.5701 Tm 0 g ( )Tj -46.3139 -1.2382 TD 1.6549 Tw [( Product )1654.9(inventories)-23984.4( )-23.9( )]TJ /F13 1 Tf 37.4083 0.0476 TD 0 Tw (111.2)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.6788 Tw [( )904.9(84.8)-12.2( )]TJ ET 0.934 g 67.65 777.93 18.96 -12.24 re f BT 10.079 0 0 10.079 67.65 767.61 Tm 0 g 0 Tw ( )Tj ET 0.934 g 86.85 777.93 320.16 -12.24 re f BT 10.079 0 0 10.079 86.85 767.61 Tm 0 g (Supplies and other inventories)Tj ET 0.934 g 407.25 777.93 19.2 -12.24 re f BT 10.079 0 0 10.079 407.25 767.61 Tm 0 g ( )Tj ET 0.934 g 426.69 777.93 14.4 -12.24 re f BT 10.079 0 0 10.079 426.69 767.61 Tm 0 g ( )Tj ET 0.934 g 441.33 777.93 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 449.73 768.09 Tm 0 g (73.2)Tj ET 0.934 g 467.49 777.93 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.49 767.61 Tm 0 g ( )Tj ET 0.934 g 486.93 777.93 19.2 -12.24 re f BT 10.079 0 0 10.079 486.93 767.61 Tm 0 g ( )Tj ET 0.934 g 506.37 777.93 5.04 -12.24 re f BT 10.079 0 0 10.079 506.37 767.61 Tm 0 g ( )Tj ET 0.934 g 511.65 777.93 22.56 -12.24 re f BT 10.079 0 0 10.079 516.6899 767.61 Tm 0 g (29.0)Tj ET 0.934 g 534.45 777.93 9.84 -12.24 re f BT 10.079 0 0 10.079 534.45 767.61 Tm 0 g ( )Tj -46.3139 -1.2382 TD [( )-1654.9(Deferred and refundable income taxes)-16518.1( )-1678.8( )]TJ /F13 1 Tf 38.4084 0.0476 TD (1.5)Tj /F12 1 Tf 1.262 -0.0476 TD 1.6788 Tw [( )904.9(20.9)-12.2( )]TJ ET 0.934 g 67.65 752.97 18.96 -12.24 re f BT 10.079 0 0 10.079 67.65 742.6501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 86.85 752.97 320.16 -12.24 re f BT 10.079 0 0 10.079 86.85 742.6501 Tm 0 g (Other)Tj ET 0.934 g 407.25 752.97 19.2 -12.24 re f BT 10.079 0 0 10.079 407.25 742.6501 Tm 0 g ( )Tj ET 0.934 g 426.69 752.97 14.4 -12.24 re f BT 10.079 0 0 10.079 426.69 742.6501 Tm 0 g ( )Tj ET 0.934 g 441.33 752.97 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 449.73 743.1301 Tm 0 g (29.7)Tj ET 0.934 g 467.49 752.97 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.49 742.6501 Tm 0 g ( )Tj ET 0.934 g 486.93 752.97 19.2 -12.24 re f BT 10.079 0 0 10.079 486.93 742.6501 Tm 0 g ( )Tj ET 0.934 g 506.37 752.97 5.04 -12.24 re f BT 10.079 0 0 10.079 506.37 742.6501 Tm 0 g ( )Tj ET 0.934 g 511.65 752.97 22.56 -12.24 re f BT 10.079 0 0 10.079 516.6899 742.6501 Tm 0 g (12.2)Tj ET 0.934 g 534.45 752.97 9.84 -12.24 re f BT 10.079 0 0 10.079 534.45 742.6501 Tm 0 g ( )Tj -46.3139 -1.1192 TD ( )Tj 33.6937 0 TD 1.6788 Tc ( )Tj ET 0.5 g 441.33 735.21 25.92 -0.48 re f BT 10.079 0 0 10.079 467.49 731.3701 Tm 0 g ( )Tj ET 0.5 g 511.65 735.21 22.56 -0.48 re f BT 10.079 0 0 10.079 534.45 731.3701 Tm 0 g 0 Tc ( )Tj -46.3139 -1.2382 TD -0.0001 Tc 0.0001 Tw [( )-1654.9( )-1678.8(TOTAL CURRENT ASSETS)-17805.1( )-1678.8( )]TJ /F13 1 Tf 37.4083 0.0476 TD 0 Tc 0 Tw (300.5)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.6788 Tw [( )1404.9(362.7)-12.3( )]TJ ET 0.934 g 67.65 716.73 339.36 -11.04 re f BT 10.079 0 0 10.079 67.65 707.61 Tm 0 g -0.0001 Tc 0 Tw (PROPERTIES)Tj ET 0.934 g 407.25 716.73 19.2 -11.04 re f BT 10.079 0 0 10.079 407.25 707.61 Tm 0 g 0 Tc ( )Tj ET 0.934 g 426.69 716.73 14.4 -11.04 re f BT 10.079 0 0 10.079 426.69 707.61 Tm 0 g ( )Tj ET 0.934 g 441.33 716.73 25.92 -11.04 re f BT 10.079 0 0 10.079 441.33 707.61 Tm 0 g ( )Tj ET 0.934 g 467.49 716.73 19.2 -11.04 re f BT 10.079 0 0 10.079 467.49 707.61 Tm 0 g ( )Tj ET 0.934 g 486.93 716.73 19.2 -11.04 re f BT 10.079 0 0 10.079 486.93 707.61 Tm 0 g ( )Tj ET 0.934 g 506.37 716.73 5.04 -11.04 re f BT 10.079 0 0 10.079 506.37 707.61 Tm 0 g ( )Tj ET 0.934 g 511.65 716.73 22.56 -11.04 re f BT 10.079 0 0 10.079 511.65 707.61 Tm 0 g ( )Tj ET 0.934 g 534.45 716.73 9.84 -11.04 re f BT 10.079 0 0 10.079 534.45 707.61 Tm 0 g ( )Tj -46.3139 -1.2382 TD [( )-1654.9(Plant and equipment)-23567.5( )-1678.8( )]TJ /F13 1 Tf 37.4083 0.0476 TD (368.6)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.6788 Tw [( )1404.9(212.1)-12.3( )]TJ ET 0.934 g 67.65 692.97 18.96 -12.24 re f BT 10.079 0 0 10.079 67.65 682.6501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 86.85 692.97 320.16 -12.24 re f BT 10.079 0 0 10.079 86.85 682.6501 Tm 0 g (Minerals)Tj ET 0.934 g 407.25 692.97 19.2 -12.24 re f BT 10.079 0 0 10.079 407.25 682.6501 Tm 0 g ( )Tj ET 0.934 g 426.69 692.97 14.4 -12.24 re f BT 10.079 0 0 10.079 426.69 682.6501 Tm 0 g ( )Tj ET 0.934 g 441.33 692.97 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 449.73 683.1301 Tm 0 g (22.2)Tj ET 0.934 g 467.49 692.97 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.49 682.6501 Tm 0 g ( )Tj ET 0.934 g 486.93 692.97 19.2 -12.24 re f BT 10.079 0 0 10.079 486.93 682.6501 Tm 0 g ( )Tj ET 0.934 g 506.37 692.97 5.04 -12.24 re f BT 10.079 0 0 10.079 506.37 682.6501 Tm 0 g ( )Tj ET 0.934 g 511.65 692.97 22.56 -12.24 re f BT 10.079 0 0 10.079 516.6899 682.6501 Tm 0 g (18.6)Tj ET 0.934 g 534.45 692.97 9.84 -12.24 re f BT 10.079 0 0 10.079 534.45 682.6501 Tm 0 g ( )Tj -46.3139 -1.1192 TD ( )Tj 33.6937 0 TD 1.6788 Tc ( )Tj ET 0.5 g 441.33 675.21 25.92 -0.48 re f BT 10.079 0 0 10.079 467.49 671.3701 Tm 0 g ( )Tj ET 0.5 g 511.65 675.21 22.56 -0.48 re f BT 10.079 0 0 10.079 534.45 671.3701 Tm 0 g 0 Tc ( )Tj -46.3139 -1.2382 TD ( )Tj 33.6937 0 TD 1.6788 Tc ( )Tj /F13 1 Tf 3.7146 0.0476 TD 0 Tc (390.8)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.6788 Tw [( )1404.9(230.7)-12.3( )]TJ ET 0.934 g 67.65 656.73 18.96 -12.24 re f BT 10.079 0 0 10.079 67.65 646.41 Tm 0 g 0 Tw ( )Tj ET 0.934 g 86.85 656.73 320.16 -12.24 re f BT 10.079 0 0 10.079 86.85 646.41 Tm 0 g (Allowances for depreciation and depletion)Tj ET 0.934 g 407.25 656.73 19.2 -12.24 re f BT 10.079 0 0 10.079 407.25 646.41 Tm 0 g ( )Tj ET 0.934 g 426.69 656.73 14.4 -12.24 re f BT 10.079 0 0 10.079 438.69 646.41 Tm 0 g ( )Tj ET 0.934 g 441.33 656.73 25.92 -12.24 re f BT 10.079 0 0 10.079 441.33 646.8901 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (111.9)Tj ET 0.934 g 467.49 656.73 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.49 646.41 Tm 0 g (\))Tj ET 0.934 g 486.93 656.73 19.2 -12.24 re f BT 10.079 0 0 10.079 486.93 646.41 Tm 0 g ( )Tj ET 0.934 g 506.37 656.73 5.04 -12.24 re f BT 10.079 0 0 10.079 509.0099 646.41 Tm 0 g ( )Tj ET 0.934 g 511.65 656.73 22.56 -12.24 re f BT 10.079 0 0 10.079 513.33 646.41 Tm 0 g (\(93.3)Tj ET 0.934 g 534.45 656.73 9.84 -12.24 re f BT 10.079 0 0 10.079 534.45 646.41 Tm 0 g (\))Tj -46.3139 -1.1192 TD ( )Tj 33.6937 0 TD 1.6788 Tc ( )Tj ET 0.5 g 441.33 638.97 25.92 -0.48 re f BT 10.079 0 0 10.079 467.49 635.1301 Tm 0 g ( )Tj ET 0.5 g 511.65 638.97 22.56 -0.48 re f BT 10.079 0 0 10.079 534.45 635.1301 Tm 0 g 0 Tc ( )Tj -46.3139 -1.2382 TD [( )-1654.9( )-1678.8(Total Continuing Operations)-18361( )-1678.8( )]TJ /F13 1 Tf 37.4083 0.0476 TD (278.9)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.6788 Tw [( )1404.9(137.4)-12.3( )]TJ ET 0.934 g 67.65 620.49 18.96 -11.04 re f BT 10.079 0 0 10.079 67.65 611.3701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 86.85 620.49 320.16 -11.04 re f BT 10.079 0 0 10.079 86.85 611.3701 Tm 0 g (Discontinued operation \(Note 3\))Tj ET 0.934 g 407.25 620.49 19.2 -11.04 re f BT 10.079 0 0 10.079 407.25 611.3701 Tm 0 g ( )Tj ET 0.934 g 426.69 620.49 14.4 -11.04 re f BT 10.079 0 0 10.079 426.69 611.3701 Tm 0 g ( )Tj ET 0.934 g 441.33 620.49 25.92 -11.04 re f BT 10.079 0 0 10.079 441.33 611.3701 Tm 0 g ( )Tj ET 0.934 g 467.49 620.49 19.2 -11.04 re f BT 10.079 0 0 10.079 467.49 611.3701 Tm 0 g ( )Tj ET 0.934 g 486.93 620.49 19.2 -11.04 re f BT 10.079 0 0 10.079 486.93 611.3701 Tm 0 g ( )Tj ET 0.934 g 506.37 620.49 5.04 -11.04 re f BT 10.079 0 0 10.079 506.37 611.3701 Tm 0 g ( )Tj ET 0.934 g 511.65 620.49 22.56 -11.04 re f BT 10.079 0 0 10.079 511.65 611.3701 Tm 0 g (122.9)Tj ET 0.934 g 534.45 620.49 9.84 -11.04 re f BT 10.079 0 0 10.079 534.45 611.3701 Tm 0 g ( )Tj -46.3139 -1.1192 TD ( )Tj 33.6937 0 TD 1.6788 Tc ( )Tj ET 0.5 g 441.33 603.93 25.92 -0.48 re f BT 10.079 0 0 10.079 467.49 600.0901 Tm 0 g ( )Tj ET 0.5 g 511.65 603.93 22.56 -0.48 re f BT 10.079 0 0 10.079 534.45 600.0901 Tm 0 g 0 Tc ( )Tj -46.3139 -1.2382 TD -0.0001 Tc 1.6789 Tw [( )23.9( TOTAL )1678.8(PROPERTIES)-20443.9( )]TJ /F13 1 Tf 37.4083 0.0476 TD 0 Tc 0 Tw (278.9)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.6788 Tw [( )1404.9(260.3)-12.3( )]TJ ET 0.934 g 67.65 585.45 339.36 -12.24 re f BT 10.079 0 0 10.079 67.65 575.1301 Tm 0 g -0.0001 Tc 0.0001 Tw (INVESTMENTS IN ASSOCIATED IRON ORE VENTURES)Tj ET 0.934 g 407.25 585.45 19.2 -12.24 re f BT 10.079 0 0 10.079 407.25 575.1301 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 426.69 585.45 14.4 -12.24 re f BT 10.079 0 0 10.079 426.69 575.1301 Tm 0 g ( )Tj ET 0.934 g 441.33 585.45 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 454.77 575.61 Tm 0 g (1.5)Tj ET 0.934 g 467.49 585.45 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.49 575.1301 Tm 0 g ( )Tj ET 0.934 g 486.93 585.45 19.2 -12.24 re f BT 10.079 0 0 10.079 486.93 575.1301 Tm 0 g ( )Tj ET 0.934 g 506.37 585.45 5.04 -12.24 re f BT 10.079 0 0 10.079 506.37 575.1301 Tm 0 g ( )Tj ET 0.934 g 511.65 585.45 22.56 -12.24 re f BT 10.079 0 0 10.079 511.65 575.1301 Tm 0 g (131.7)Tj ET 0.934 g 534.45 585.45 9.84 -12.24 re f BT 10.079 0 0 10.079 534.45 575.1301 Tm 0 g ( )Tj -46.3139 -1.1192 TD -0.0001 Tc 1.6789 Tw [(OTHER )1678.8(ASSETS)-26499.4( )476.3( )-666.7( )1404.9( )-333.3( )]TJ ET 0.934 g 67.65 561.69 18.96 -12.24 re f BT 10.079 0 0 10.079 67.65 551.3701 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 86.85 561.69 320.16 -12.24 re f BT 10.079 0 0 10.079 86.85 551.3701 Tm 0 g (Long-term receivables)Tj ET 0.934 g 407.25 561.69 19.2 -12.24 re f BT 10.079 0 0 10.079 407.25 551.3701 Tm 0 g ( )Tj ET 0.934 g 426.69 561.69 14.4 -12.24 re f BT 10.079 0 0 10.079 426.69 551.3701 Tm 0 g ( )Tj ET 0.934 g 441.33 561.69 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 449.73 551.85 Tm 0 g (63.9)Tj ET 0.934 g 467.49 561.69 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.49 551.3701 Tm 0 g ( )Tj ET 0.934 g 486.93 561.69 19.2 -12.24 re f BT 10.079 0 0 10.079 486.93 551.3701 Tm 0 g ( )Tj ET 0.934 g 506.37 561.69 5.04 -12.24 re f BT 10.079 0 0 10.079 506.37 551.3701 Tm 0 g ( )Tj ET 0.934 g 511.65 561.69 22.56 -12.24 re f BT 10.079 0 0 10.079 511.65 551.3701 Tm 0 g ( )Tj ET 0.934 g 534.45 561.69 9.84 -12.24 re f BT 10.079 0 0 10.079 534.45 551.3701 Tm 0 g ( )Tj -46.3139 -1.1192 TD 1.6788 Tw [( )23.9(Prepaid )1678.8(pensions)-24984.3( )476.3( )-666.7( )904.9(46.1)-12.2( )]TJ ET 0.934 g 67.65 537.93 18.96 -12.24 re f BT 10.079 0 0 10.079 67.65 527.61 Tm 0 g 0 Tw ( )Tj ET 0.934 g 86.85 537.93 320.16 -12.24 re f BT 10.079 0 0 10.079 86.85 527.61 Tm 0 g (Intangible pension asset)Tj ET 0.934 g 407.25 537.93 19.2 -12.24 re f BT 10.079 0 0 10.079 407.25 527.61 Tm 0 g ( )Tj ET 0.934 g 426.69 537.93 14.4 -12.24 re f BT 10.079 0 0 10.079 426.69 527.61 Tm 0 g ( )Tj ET 0.934 g 441.33 537.93 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 449.73 528.0901 Tm 0 g (31.7)Tj ET 0.934 g 467.49 537.93 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.49 527.61 Tm 0 g ( )Tj ET 0.934 g 486.93 537.93 19.2 -12.24 re f BT 10.079 0 0 10.079 486.93 527.61 Tm 0 g ( )Tj ET 0.934 g 506.37 537.93 5.04 -12.24 re f BT 10.079 0 0 10.079 506.37 527.61 Tm 0 g ( )Tj ET 0.934 g 511.65 537.93 22.56 -12.24 re f BT 10.079 0 0 10.079 521.73 527.61 Tm 0 g (1.4)Tj ET 0.934 g 534.45 537.93 9.84 -12.24 re f BT 10.079 0 0 10.079 534.45 527.61 Tm 0 g ( )Tj -46.3139 -1.2382 TD 1.6549 Tw [( Other )1654.9(investments)-24484.4( )-23.9( )]TJ /F13 1 Tf 37.9084 0.0476 TD 0 Tw (27.8)Tj /F12 1 Tf 1.7621 -0.0476 TD 1.6788 Tw [( )404.8(3.3)-12.1( )]TJ ET 0.934 g 67.65 512.97 18.96 -12.24 re f BT 10.079 0 0 10.079 67.65 502.6501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 86.85 512.97 320.16 -12.24 re f BT 10.079 0 0 10.079 86.85 502.6501 Tm 0 g (Deposits and miscellaneous)Tj ET 0.934 g 407.25 512.97 19.2 -12.24 re f BT 10.079 0 0 10.079 407.25 502.6501 Tm 0 g ( )Tj ET 0.934 g 426.69 512.97 14.4 -12.24 re f BT 10.079 0 0 10.079 426.69 502.6501 Tm 0 g ( )Tj ET 0.934 g 441.33 512.97 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 449.73 503.1301 Tm 0 g (25.8)Tj ET 0.934 g 467.49 512.97 19.2 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 467.49 502.6501 Tm 0 g ( )Tj ET 0.934 g 486.93 512.97 19.2 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( )Tj ET 0.934 g 415.89 755.85 2.88 -12.24 re f BT 10.079 0 0 10.079 415.89 745.53 Tm 0 g ( )Tj ET 0.934 g 419.01 755.85 2.88 -12.24 re f BT 10.079 0 0 10.079 419.01 745.53 Tm 0 g ( )Tj ET 0.934 g 422.13 755.85 6.72 -12.24 re f BT 10.079 0 0 10.079 422.13 745.53 Tm 0 g ( )Tj ET 0.934 g 429.09 755.85 10.56 -12.24 re f BT 10.079 0 0 10.079 429.09 745.53 Tm 0 g ( )Tj ET 0.934 g 439.89 755.85 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 448.29 746.0101 Tm 0 g (15.2)Tj ET 0.934 g 466.05 755.85 15.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 466.05 745.53 Tm 0 g ( )Tj ET 0.934 g 481.41 755.85 10.56 -12.24 re f BT 10.079 0 0 10.079 481.41 745.53 Tm 0 g ( )Tj ET 0.934 g 492.21 755.85 10.56 -12.24 re f BT 10.079 0 0 10.079 492.21 745.53 Tm 0 g ( )Tj ET 0.934 g 503.01 755.85 25.92 -12.24 re f BT 10.079 0 0 10.079 516.45 745.53 Tm 0 g (3.8)Tj ET 0.934 g 529.17 755.85 15.12 -12.24 re f BT 10.079 0 0 10.079 529.1699 745.53 Tm 0 g ( )Tj -45.7901 -1.1191 TD ( )Tj 32.9793 0 TD 0.0596 Tc [( )-761.9( )-190.4( )-380.9( )]TJ ET 0.5 g 439.89 738.09 25.92 -0.48 re f BT 10.079 0 0 10.079 466.05 734.2501 Tm 0 g 1.274 Tc [( )452.5( )]TJ ET 0.5 g 503.01 738.09 25.92 -0.48 re f BT 10.079 0 0 10.079 529.1699 734.2501 Tm 0 g 0 Tc ( )Tj -45.7901 -1.2382 TD -0.0001 Tc 0.0001 Tw [( )-797.7( )-821.5(TOTAL CURRENT LIABILITIES)-16696.4( )-821.5( )-250( )-59.6( )-59.6( )-440.5( )]TJ /F13 1 Tf 37.2655 0.0476 TD 0 Tc 0 Tw (204.8)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.274 Tw [( )452.5( )119.1(189.8)-12.3( )]TJ ET 0.934 g 67.65 719.61 332.16 -12.24 re f BT 10.079 0 0 10.079 67.65 709.29 Tm 0 g -0.0001 Tc 0.0001 Tw (LONG-TERM DEBT)Tj ET 0.934 g 400.05 719.61 10.56 -12.24 re f BT 10.079 0 0 10.079 400.05 709.29 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 410.85 719.61 4.8 -12.24 re f BT 10.079 0 0 10.079 410.85 709.29 Tm 0 g ( )Tj ET 0.934 g 415.89 719.61 2.88 -12.24 re f BT 10.079 0 0 10.079 415.89 709.29 Tm 0 g ( )Tj ET 0.934 g 419.01 719.61 2.88 -12.24 re f BT 10.079 0 0 10.079 419.01 709.29 Tm 0 g ( )Tj ET 0.934 g 422.13 719.61 6.72 -12.24 re f BT 10.079 0 0 10.079 422.13 709.29 Tm 0 g ( )Tj ET 0.934 g 429.09 719.61 10.56 -12.24 re f BT 10.079 0 0 10.079 429.09 709.29 Tm 0 g ( )Tj ET 0.934 g 439.89 719.61 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 448.29 709.7701 Tm 0 g (35.0)Tj ET 0.934 g 466.05 719.61 15.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 466.05 709.29 Tm 0 g ( )Tj ET 0.934 g 481.41 719.61 10.56 -12.24 re f BT 10.079 0 0 10.079 481.41 709.29 Tm 0 g ( )Tj ET 0.934 g 492.21 719.61 10.56 -12.24 re f BT 10.079 0 0 10.079 492.21 709.29 Tm 0 g ( )Tj ET 0.934 g 503.01 719.61 25.92 -12.24 re f BT 10.079 0 0 10.079 511.4099 709.29 Tm 0 g (70.0)Tj ET 0.934 g 529.17 719.61 15.12 -12.24 re f BT 10.079 0 0 10.079 529.1699 709.29 Tm 0 g ( )Tj -45.7901 -1.1191 TD -0.0001 Tc 0.8216 Tw [(POSTEMPLOYMENT )821.5(BENEFIT )821.5(LIABILITIES)-13260.2( )571.5( )761.9( )761.9( )381( )-1524( )-452.5( )-1524( )]TJ ET 0.934 g 67.65 695.85 10.32 -12.24 re f BT 10.079 0 0 10.079 67.65 685.53 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 78.21 695.85 321.6 -12.24 re f BT 10.079 0 0 10.079 78.21 685.53 Tm 0 g (Pensions, including minimum pension liability)Tj ET 0.934 g 400.05 695.85 10.56 -12.24 re f BT 10.079 0 0 10.079 400.05 685.53 Tm 0 g ( )Tj ET 0.934 g 410.85 695.85 4.8 -12.24 re f BT 10.079 0 0 10.079 410.85 685.53 Tm 0 g ( )Tj ET 0.934 g 415.89 695.85 2.88 -12.24 re f BT 10.079 0 0 10.079 415.89 685.53 Tm 0 g ( )Tj ET 0.934 g 419.01 695.85 2.88 -12.24 re f BT 10.079 0 0 10.079 419.01 685.53 Tm 0 g ( )Tj ET 0.934 g 422.13 695.85 6.72 -12.24 re f BT 10.079 0 0 10.079 422.13 685.53 Tm 0 g ( )Tj ET 0.934 g 429.09 695.85 10.56 -12.24 re f BT 10.079 0 0 10.079 429.09 685.53 Tm 0 g ( )Tj ET 0.934 g 439.89 695.85 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 443.25 686.0101 Tm 0 g (151.3)Tj ET 0.934 g 466.05 695.85 15.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 466.05 685.53 Tm 0 g ( )Tj ET 0.934 g 481.41 695.85 10.56 -12.24 re f BT 10.079 0 0 10.079 481.41 685.53 Tm 0 g ( )Tj ET 0.934 g 492.21 695.85 10.56 -12.24 re f BT 10.079 0 0 10.079 492.21 685.53 Tm 0 g ( )Tj ET 0.934 g 503.01 695.85 25.92 -12.24 re f BT 10.079 0 0 10.079 516.45 685.53 Tm 0 g (3.4)Tj ET 0.934 g 529.17 695.85 15.12 -12.24 re f BT 10.079 0 0 10.079 529.1699 685.53 Tm 0 g ( )Tj -45.7901 -1.2382 TD [( )-797.7(Other post-retirement benefits)-19879.7( )-821.5( )-250( )-59.6( )-59.6( )-440.5( )]TJ /F13 1 Tf 37.2655 0.0476 TD (109.1)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.274 Tw [( )452.5( )-380.9(65.8)-12.2( )]TJ -39.5276 -1.1192 TD 0 Tw ( )Tj 32.9793 0 TD 0.0596 Tc [( )-761.9( )-190.4( )-380.9( )]TJ ET 0.5 g 439.89 665.61 25.92 -0.48 re f BT 10.079 0 0 10.079 466.05 661.7701 Tm 0 g 1.274 Tc [( )452.5( )]TJ ET 0.5 g 503.01 665.61 25.92 -0.48 re f BT 10.079 0 0 10.079 529.1699 661.7701 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 659.61 332.16 -12.24 re f BT 10.079 0 0 10.079 67.65 649.29 Tm 0 g ( )Tj ET 0.934 g 400.05 659.61 10.56 -12.24 re f BT 10.079 0 0 10.079 400.05 649.29 Tm 0 g ( )Tj ET 0.934 g 410.85 659.61 4.8 -12.24 re f BT 10.079 0 0 10.079 410.85 649.29 Tm 0 g ( )Tj ET 0.934 g 415.89 659.61 2.88 -12.24 re f BT 10.079 0 0 10.079 415.89 649.29 Tm 0 g ( )Tj ET 0.934 g 419.01 659.61 2.88 -12.24 re f BT 10.079 0 0 10.079 419.01 649.29 Tm 0 g ( )Tj ET 0.934 g 422.13 659.61 6.72 -12.24 re f BT 10.079 0 0 10.079 422.13 649.29 Tm 0 g ( )Tj ET 0.934 g 429.09 659.61 10.56 -12.24 re f BT 10.079 0 0 10.079 429.09 649.29 Tm 0 g ( )Tj ET 0.934 g 439.89 659.61 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 443.25 649.7701 Tm 0 g (260.4)Tj ET 0.934 g 466.05 659.61 15.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 466.05 649.29 Tm 0 g ( )Tj ET 0.934 g 481.41 659.61 10.56 -12.24 re f BT 10.079 0 0 10.079 481.41 649.29 Tm 0 g ( )Tj ET 0.934 g 492.21 659.61 10.56 -12.24 re f BT 10.079 0 0 10.079 492.21 649.29 Tm 0 g ( )Tj ET 0.934 g 503.01 659.61 25.92 -12.24 re f BT 10.079 0 0 10.079 511.4099 649.29 Tm 0 g (69.2)Tj ET 0.934 g 529.17 659.61 15.12 -12.24 re f BT 10.079 0 0 10.079 529.1699 649.29 Tm 0 g ( )Tj -45.7901 -1.2382 TD -0.0001 Tc 0.0001 Tw [(ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS)-7318.7( )-821.5( )-250( )-59.6( )-59.6( )-440.5( )]TJ /F13 1 Tf 37.7655 0.0476 TD 0 Tc 0 Tw (84.7)Tj /F12 1 Tf 1.7621 -0.0476 TD 1.274 Tw [( )452.5( )-380.9(59.2)-12.2( )]TJ ET 0.934 g 67.65 634.65 332.16 -12.24 re f BT 10.079 0 0 10.079 67.65 624.3301 Tm 0 g -0.0001 Tc 0.0001 Tw (OTHER LIABILITIES)Tj ET 0.934 g 400.05 634.65 10.56 -12.24 re f BT 10.079 0 0 10.079 400.05 624.3301 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 410.85 634.65 4.8 -12.24 re f BT 10.079 0 0 10.079 410.85 624.3301 Tm 0 g ( )Tj ET 0.934 g 415.89 634.65 2.88 -12.24 re f BT 10.079 0 0 10.079 415.89 624.3301 Tm 0 g ( )Tj ET 0.934 g 419.01 634.65 2.88 -12.24 re f BT 10.079 0 0 10.079 419.01 624.3301 Tm 0 g ( )Tj ET 0.934 g 422.13 634.65 6.72 -12.24 re f BT 10.079 0 0 10.079 422.13 624.3301 Tm 0 g ( )Tj ET 0.934 g 429.09 634.65 10.56 -12.24 re f BT 10.079 0 0 10.079 429.09 624.3301 Tm 0 g ( )Tj ET 0.934 g 439.89 634.65 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 448.29 624.8101 Tm 0 g (46.0)Tj ET 0.934 g 466.05 634.65 15.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 466.05 624.3301 Tm 0 g ( )Tj ET 0.934 g 481.41 634.65 10.56 -12.24 re f BT 10.079 0 0 10.079 481.41 624.3301 Tm 0 g ( )Tj ET 0.934 g 492.21 634.65 10.56 -12.24 re f BT 10.079 0 0 10.079 492.21 624.3301 Tm 0 g ( )Tj ET 0.934 g 503.01 634.65 25.92 -12.24 re f BT 10.079 0 0 10.079 511.4099 624.3301 Tm 0 g (36.7)Tj ET 0.934 g 529.17 634.65 15.12 -12.24 re f BT 10.079 0 0 10.079 529.1699 624.3301 Tm 0 g ( )Tj -45.7901 -1.1192 TD ( )Tj 32.9793 0 TD 0.0596 Tc [( )-761.9( )-190.4( )-380.9( )]TJ ET 0.5 g 439.89 616.89 25.92 -0.48 re f BT 10.079 0 0 10.079 466.05 613.05 Tm 0 g 1.274 Tc [( )452.5( )]TJ ET 0.5 g 503.01 616.89 25.92 -0.48 re f BT 10.079 0 0 10.079 529.1699 613.05 Tm 0 g 0 Tc ( )Tj -45.7901 -1.2382 TD -0.0001 Tc 0.8216 Tw [( )23.8( TOTAL )821.5(LIABILITIES)-21613( )571.5( )761.9( )761.9( )381( )]TJ /F13 1 Tf 37.2655 0.0476 TD 0 Tc 0 Tw (630.9)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.274 Tw [( )452.5( )119.1(424.9)-12.3( )]TJ ET 0.934 g 67.65 598.41 332.16 -11.04 re f BT 10.079 0 0 10.079 67.65 589.29 Tm 0 g -0.0001 Tc 0.0001 Tw (MINORITY INTEREST)Tj ET 0.934 g 400.05 598.41 10.56 -11.04 re f BT 10.079 0 0 10.079 400.05 589.29 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 410.85 598.41 4.8 -11.04 re f BT 10.079 0 0 10.079 410.85 589.29 Tm 0 g ( )Tj ET 0.934 g 415.89 598.41 2.88 -11.04 re f BT 10.079 0 0 10.079 415.89 589.29 Tm 0 g ( )Tj ET 0.934 g 419.01 598.41 2.88 -11.04 re f BT 10.079 0 0 10.079 419.01 589.29 Tm 0 g ( )Tj ET 0.934 g 422.13 598.41 6.72 -11.04 re f BT 10.079 0 0 10.079 422.13 589.29 Tm 0 g ( )Tj ET 0.934 g 429.09 598.41 10.56 -11.04 re f BT 10.079 0 0 10.079 429.09 589.29 Tm 0 g ( )Tj ET 0.934 g 439.89 598.41 25.92 -11.04 re f BT 10.079 0 0 10.079 439.89 589.29 Tm 0 g ( )Tj ET 0.934 g 466.05 598.41 15.12 -11.04 re f BT 10.079 0 0 10.079 466.05 589.29 Tm 0 g ( )Tj ET 0.934 g 481.41 598.41 10.56 -11.04 re f BT 10.079 0 0 10.079 481.41 589.29 Tm 0 g ( )Tj ET 0.934 g 492.21 598.41 10.56 -11.04 re f BT 10.079 0 0 10.079 492.21 589.29 Tm 0 g ( )Tj ET 0.934 g 503.01 598.41 25.92 -11.04 re f BT 10.079 0 0 10.079 503.01 589.29 Tm 0 g ( )Tj ET 0.934 g 529.17 598.41 15.12 -11.04 re f BT 10.079 0 0 10.079 529.1699 589.29 Tm 0 g ( )Tj -45.7901 -1.2382 TD [( )-797.7(Iron ore venture)-25490.2( )-821.5( )-250( )-59.6( )-59.6( )-440.5( )]TJ /F13 1 Tf 37.7655 0.0476 TD (19.9)Tj /F12 1 Tf 1.7621 -0.0476 TD 0.8215 Tc [( )-452.5( )-1524( )]TJ ET 0.934 g 67.65 574.65 10.32 -11.04 re f BT 10.079 0 0 10.079 67.65 565.53 Tm 0 g 0 Tc ( )Tj ET 0.934 g 78.21 574.65 321.6 -11.04 re f BT 10.079 0 0 10.079 78.21 565.53 Tm 0 g (Discontinued operation)Tj ET 0.934 g 400.05 574.65 10.56 -11.04 re f BT 10.079 0 0 10.079 400.05 565.53 Tm 0 g ( )Tj ET 0.934 g 410.85 574.65 4.8 -11.04 re f BT 10.079 0 0 10.079 410.85 565.53 Tm 0 g ( )Tj ET 0.934 g 415.89 574.65 2.88 -11.04 re f BT 10.079 0 0 10.079 415.89 565.53 Tm 0 g ( )Tj ET 0.934 g 419.01 574.65 2.88 -11.04 re f BT 10.079 0 0 10.079 419.01 565.53 Tm 0 g ( )Tj ET 0.934 g 422.13 574.65 6.72 -11.04 re f BT 10.079 0 0 10.079 422.13 565.53 Tm 0 g ( )Tj ET 0.934 g 429.09 574.65 10.56 -11.04 re f BT 10.079 0 0 10.079 429.09 565.53 Tm 0 g ( )Tj ET 0.934 g 439.89 574.65 25.92 -11.04 re f BT 10.079 0 0 10.079 439.89 565.53 Tm 0 g ( )Tj ET 0.934 g 466.05 574.65 15.12 -11.04 re f BT 10.079 0 0 10.079 466.05 565.53 Tm 0 g ( )Tj ET 0.934 g 481.41 574.65 10.56 -11.04 re f BT 10.079 0 0 10.079 481.41 565.53 Tm 0 g ( )Tj ET 0.934 g 492.21 574.65 10.56 -11.04 re f BT 10.079 0 0 10.079 492.21 565.53 Tm 0 g ( )Tj ET 0.934 g 503.01 574.65 25.92 -11.04 re f BT 10.079 0 0 10.079 511.4099 565.53 Tm 0 g (25.9)Tj ET 0.934 g 529.17 574.65 15.12 -11.04 re f BT 10.079 0 0 10.079 529.1699 565.53 Tm 0 g ( )Tj -45.7901 -1.1191 TD -0.0001 Tc (SHAREHOLDERS)Tj /F2 1 Tf 7.8883 0 TD 0 Tc ()Tj /F12 1 Tf 0.333 0 TD -0.0001 Tc 0.8216 Tw [( )821.5(EQUITY)-20787.5( )571.5( )761.9( )761.9( )381( )-1524( )-452.5( )-1524( )]TJ ET 0.934 g 67.65 552.09 10.32 -22.32 re f BT 10.079 0 0 10.079 67.65 531.6901 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 78.21 552.09 321.6 -22.32 re f BT 10.079 0 0 10.079 78.21 542.97 Tm 0 g (Preferred Stock )Tj /F2 1 Tf 6.4974 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( no par value Class A - 500,000 shares authorized and )Tj -6.7592 -1.1192 TD (unissued Class B - 4,000,000 shares authorized and unissued)Tj ET 0.934 g 400.05 552.09 10.56 -22.32 re f BT 10.079 0 0 10.079 400.05 531.6901 Tm 0 g ( )Tj ET 0.934 g 410.85 552.09 4.8 -22.32 re f BT 10.079 0 0 10.079 410.85 531.6901 Tm 0 g ( )Tj ET 0.934 g 415.89 552.09 2.88 -22.32 re f BT 10.079 0 0 10.079 415.89 531.6901 Tm 0 g ( )Tj ET 0.934 g 419.01 552.09 2.88 -22.32 re f BT 10.079 0 0 10.079 419.01 531.6901 Tm 0 g ( )Tj ET 0.934 g 422.13 552.09 6.72 -22.32 re f BT 10.079 0 0 10.079 422.13 531.6901 Tm 0 g ( )Tj ET 0.934 g 429.09 552.09 10.56 -22.32 re f BT 10.079 0 0 10.079 429.09 531.6901 Tm 0 g ( )Tj ET 0.934 g 439.89 552.09 25.92 -22.32 re f BT 10.079 0 0 10.079 439.89 531.6901 Tm 0 g ( )Tj ET 0.934 g 466.05 552.09 15.12 -22.32 re f BT 10.079 0 0 10.079 466.05 531.6901 Tm 0 g ( )Tj ET 0.934 g 481.41 552.09 10.56 -22.32 re f BT 10.079 0 0 10.079 481.41 531.6901 Tm 0 g ( )Tj ET 0.934 g 492.21 552.09 10.56 -22.32 re f BT 10.079 0 0 10.079 492.21 531.6901 Tm 0 g ( )Tj ET 0.934 g 503.01 552.09 25.92 -22.32 re f BT 10.079 0 0 10.079 503.01 531.6901 Tm 0 g ( )Tj ET 0.934 g 529.17 552.09 15.12 -22.32 re f BT 10.079 0 0 10.079 529.1699 531.6901 Tm 0 g ( )Tj -45.7901 -2.2383 TD ( )Tj 1.0477 1.1192 TD (Common Shares )Tj /F2 1 Tf 6.8884 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( par value $1 a share Authorized - 28,000,000 shares; )Tj -7.1501 -1.1192 TD [(Issued - 16,827,941 shares)-20557.4( )-821.5( )-250( )-59.6( )-59.6( )-440.5( )]TJ /F13 1 Tf 35.9796 0.0476 TD (16.8)Tj /F12 1 Tf 1.7621 -0.0476 TD 1.274 Tw [( )452.5( )-380.9(16.8)-12.2( )]TJ ET 0.934 g 67.65 506.97 10.32 -12.24 re f BT 10.079 0 0 10.079 67.65 496.6501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 78.21 506.97 321.6 -12.24 re f BT 10.079 0 0 10.079 78.21 496.6501 Tm 0 g (Capital in excess of par value of shares)Tj ET 0.934 g 400.05 506.97 10.56 -12.24 re f BT 10.079 0 0 10.079 400.05 496.6501 Tm 0 g ( )Tj ET 0.934 g 410.85 506.97 4.8 -12.24 re f BT 10.079 0 0 10.079 410.85 496.6501 Tm 0 g ( )Tj ET 0.934 g 415.89 506.97 2.88 -12.24 re f BT 10.079 0 0 10.079 415.89 496.6501 Tm 0 g ( )Tj ET 0.934 g 419.01 506.97 2.88 -12.24 re f BT 10.079 0 0 10.079 419.01 496.6501 Tm 0 g ( )Tj ET 0.934 g 422.13 506.97 6.72 -12.24 re f BT 10.079 0 0 10.079 422.13 496.6501 Tm 0 g ( )Tj ET 0.934 g 429.09 506.97 10.56 -12.24 re f BT 10.079 0 0 10.079 429.09 496.6501 Tm 0 g ( )Tj ET 0.934 g 439.89 506.97 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 448.29 497.1301 Tm 0 g (69.7)Tj ET 0.934 g 466.05 506.97 15.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 466.05 496.6501 Tm 0 g ( )Tj ET 0.934 g 481.41 506.97 10.56 -12.24 re f BT 10.079 0 0 10.079 481.41 496.6501 Tm 0 g ( )Tj ET 0.934 g 492.21 506.97 10.56 -12.24 re f BT 10.079 0 0 10.079 492.21 496.6501 Tm 0 g ( )Tj ET 0.934 g 503.01 506.97 25.92 -12.24 re f BT 10.079 0 0 10.079 511.4099 496.6501 Tm 0 g (66.2)Tj ET 0.934 g 529.17 506.97 15.12 -12.24 re f BT 10.079 0 0 10.079 529.1699 496.6501 Tm 0 g ( )Tj -45.7901 -1.2382 TD 0.0596 Tw [( )-738.1(Retained )59.6(income)-25183.2( )-761.9( )-190.4( )-380.9( )]TJ /F13 1 Tf 37.2655 0.0476 TD 0 Tw (288.4)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.274 Tw [( )452.5( )119.1(476.7)-12.3( )]TJ ET 0.934 g 67.65 482.01 10.32 -12.24 re f BT 10.079 0 0 10.079 67.65 471.6901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 78.21 482.01 321.6 -12.24 re f BT 10.079 0 0 10.079 78.21 471.6901 Tm 0 g (Cost of 6,643,730 Common Shares in Treasury \(2001 - 6,685,988 shares\))Tj ET 0.934 g 400.05 482.01 10.56 -12.24 re f BT 10.079 0 0 10.079 400.05 471.6901 Tm 0 g ( )Tj ET 0.934 g 410.85 482.01 4.8 -12.24 re f BT 10.079 0 0 10.079 410.85 471.6901 Tm 0 g ( )Tj ET 0.934 g 415.89 482.01 2.88 -12.24 re f BT 10.079 0 0 10.079 415.89 471.6901 Tm 0 g ( )Tj ET 0.934 g 419.01 482.01 2.88 -12.24 re f BT 10.079 0 0 10.079 419.01 471.6901 Tm 0 g ( )Tj ET 0.934 g 422.13 482.01 6.72 -12.24 re f BT 10.079 0 0 10.079 422.13 471.6901 Tm 0 g ( )Tj ET 0.934 g 429.09 482.01 10.56 -12.24 re f BT 10.079 0 0 10.079 437.25 471.6901 Tm 0 g ( )Tj ET 0.934 g 439.89 482.01 25.92 -12.24 re f BT 10.079 0 0 10.079 439.89 472.1701 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (182.2)Tj ET 0.934 g 466.05 482.01 15.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 466.05 471.6901 Tm 0 g (\))Tj ET 0.934 g 481.41 482.01 10.56 -12.24 re f BT 10.079 0 0 10.079 481.41 471.6901 Tm 0 g ( )Tj ET 0.934 g 492.21 482.01 10.56 -12.24 re f BT 10.079 0 0 10.079 500.37 471.6901 Tm 0 g ( )Tj ET 0.934 g 503.01 482.01 25.92 -12.24 re f BT 10.079 0 0 10.079 503.01 471.6901 Tm 0 g (\(183.3)Tj ET 0.934 g 529.17 482.01 15.12 -12.24 re f BT 10.079 0 0 10.079 529.1699 471.6901 Tm 0 g (\))Tj -45.7901 -1.2382 TD [( )-797.7(Accumulated other comprehensive loss)-16186( 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10.079 0 0 10.079 528.21 792.5701 Tm 0 g (2.9)Tj ET 0.934 g 540.93 802.89 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 792.5701 Tm 0 g ( )Tj -46.9569 -1.2382 TD 1.5597 Tw [( Insurance )1559.7(recoveries)-19019.2( )-23.8( )]TJ /F13 1 Tf 33.3127 0.0476 TD 0 Tw (3.5)Tj /F12 1 Tf 1.262 -0.0476 TD 1.5835 Tw [( )476.2( )-666.7(.4)-12( )1000.1( )333.4(15.3)-12.2( )]TJ ET 0.934 g 67.65 777.93 18 -12.24 re f BT 10.079 0 0 10.079 67.65 767.61 Tm 0 g 0 Tw ( )Tj ET 0.934 g 85.89 777.93 274.56 -12.24 re f BT 10.079 0 0 10.079 85.89 767.61 Tm 0 g (Other income)Tj ET 0.934 g 360.69 777.93 18.24 -12.24 re f BT 10.079 0 0 10.079 360.69 767.61 Tm 0 g ( )Tj ET 0.934 g 379.17 777.93 8.88 -12.24 re f BT 10.079 0 0 10.079 379.17 767.61 Tm 0 g ( )Tj ET 0.934 g 388.29 777.93 27.6 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 398.37 768.09 Tm 0 g (10.2)Tj ET 0.934 g 416.13 777.93 13.44 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 767.61 Tm 0 g ( )Tj ET 0.934 g 429.81 777.93 18.24 -12.24 re f BT 10.079 0 0 10.079 429.81 767.61 Tm 0 g ( )Tj ET 0.934 g 448.29 777.93 4.8 -12.24 re f BT 10.079 0 0 10.079 448.29 767.61 Tm 0 g ( )Tj ET 0.934 g 453.33 777.93 27.6 -12.24 re f BT 10.079 0 0 10.079 468.45 767.61 Tm 0 g (9.8)Tj ET 0.934 g 481.17 777.93 8.16 -12.24 re f BT 10.079 0 0 10.079 481.17 767.61 Tm 0 g ( )Tj ET 0.934 g 489.57 777.93 18.24 -12.24 re f BT 10.079 0 0 10.079 489.57 767.61 Tm 0 g ( )Tj ET 0.934 g 508.05 777.93 4.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 767.61 Tm 0 g ( )Tj ET 0.934 g 513.09 777.93 27.6 -12.24 re f BT 10.079 0 0 10.079 528.21 767.61 Tm 0 g (6.7)Tj ET 0.934 g 540.93 777.93 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 767.61 Tm 0 g ( )Tj -46.9569 -1.1192 TD 28.8242 Tc [( )27240.7( )]TJ ET 0.5 g 388.29 760.17 27.6 -0.48 re f BT 10.079 0 0 10.079 416.13 756.33 Tm 0 g 1.1073 Tc [( )-476.2( )]TJ ET 0.5 g 453.33 760.17 27.6 -0.48 re f BT 10.079 0 0 10.079 481.17 756.33 Tm 0 g 0.5834 Tc [( )-1000.1( )]TJ ET 0.5 g 513.09 760.17 27.6 -0.48 re f BT 10.079 0 0 10.079 540.9299 756.33 Tm 0 g 0 Tc ( )Tj -46.9569 -1.2382 TD 1.5835 Tw [( )23.8( Total )1583.5(Revenues)-19182.5( )]TJ /F13 1 Tf 32.3126 0.0476 TD 0 Tw (617.1)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.5835 Tw [( )476.2( )833.4(363.1)-12.3( )1000.1( )833.4(440.8)-12.3( )]TJ ET 0.934 g 67.65 741.69 292.8 -11.04 re f BT 10.079 0 0 10.079 67.65 732.5701 Tm 0 g -0.0001 Tc 0.0001 Tw (COSTS AND EXPENSES)Tj ET 0.934 g 360.69 741.69 18.24 -11.04 re f BT 10.079 0 0 10.079 360.69 732.5701 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 379.17 741.69 8.88 -11.04 re f BT 10.079 0 0 10.079 379.17 732.5701 Tm 0 g ( )Tj ET 0.934 g 388.29 741.69 27.6 -11.04 re f BT 10.079 0 0 10.079 388.29 732.5701 Tm 0 g ( )Tj ET 0.934 g 416.13 741.69 13.44 -11.04 re f BT 10.079 0 0 10.079 416.13 732.5701 Tm 0 g ( )Tj ET 0.934 g 429.81 741.69 18.24 -11.04 re f BT 10.079 0 0 10.079 429.81 732.5701 Tm 0 g ( )Tj ET 0.934 g 448.29 741.69 4.8 -11.04 re f BT 10.079 0 0 10.079 448.29 732.5701 Tm 0 g ( )Tj ET 0.934 g 453.33 741.69 27.6 -11.04 re f BT 10.079 0 0 10.079 453.33 732.5701 Tm 0 g ( )Tj ET 0.934 g 481.17 741.69 8.16 -11.04 re f BT 10.079 0 0 10.079 481.17 732.5701 Tm 0 g ( )Tj ET 0.934 g 489.57 741.69 18.24 -11.04 re f BT 10.079 0 0 10.079 489.57 732.5701 Tm 0 g ( )Tj ET 0.934 g 508.05 741.69 4.8 -11.04 re f BT 10.079 0 0 10.079 508.0499 732.5701 Tm 0 g ( )Tj ET 0.934 g 513.09 741.69 27.6 -11.04 re f BT 10.079 0 0 10.079 513.09 732.5701 Tm 0 g ( )Tj ET 0.934 g 540.93 741.69 3.36 -11.04 re f BT 10.079 0 0 10.079 540.9299 732.5701 Tm 0 g ( )Tj -46.9569 -1.2382 TD [( )-1559.7(Cost of goods sold and operating expenses)-10212( )-1583.5( )]TJ /F13 1 Tf 32.3126 0.0476 TD (582.7)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.5835 Tw [( )476.2( )833.4(358.7)-12.3( )1000.1( )833.4(366.0)-12.3( )]TJ ET 0.934 g 67.65 717.93 18 -12.24 re f BT 10.079 0 0 10.079 67.65 707.61 Tm 0 g 0 Tw ( )Tj ET 0.934 g 85.89 717.93 274.56 -12.24 re f BT 10.079 0 0 10.079 85.89 707.61 Tm 0 g (Impairment of mining assets)Tj ET 0.934 g 360.69 717.93 18.24 -12.24 re f BT 10.079 0 0 10.079 360.69 707.61 Tm 0 g ( )Tj ET 0.934 g 379.17 717.93 8.88 -12.24 re f BT 10.079 0 0 10.079 379.17 707.61 Tm 0 g ( )Tj ET 0.934 g 388.29 717.93 27.6 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 398.37 708.0901 Tm 0 g (52.7)Tj ET 0.934 g 416.13 717.93 13.44 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 707.61 Tm 0 g ( )Tj ET 0.934 g 429.81 717.93 18.24 -12.24 re f BT 10.079 0 0 10.079 429.81 707.61 Tm 0 g ( )Tj ET 0.934 g 448.29 717.93 4.8 -12.24 re f BT 10.079 0 0 10.079 448.29 707.61 Tm 0 g ( )Tj ET 0.934 g 453.33 717.93 27.6 -12.24 re f BT 10.079 0 0 10.079 453.33 707.61 Tm 0 g ( )Tj ET 0.934 g 481.17 717.93 8.16 -12.24 re f BT 10.079 0 0 10.079 481.17 707.61 Tm 0 g ( )Tj ET 0.934 g 489.57 717.93 18.24 -12.24 re f BT 10.079 0 0 10.079 489.57 707.61 Tm 0 g ( )Tj ET 0.934 g 508.05 717.93 4.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 707.61 Tm 0 g ( )Tj ET 0.934 g 513.09 717.93 27.6 -12.24 re f BT 10.079 0 0 10.079 513.09 707.61 Tm 0 g ( )Tj ET 0.934 g 540.93 717.93 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 707.61 Tm 0 g ( )Tj -46.9569 -1.2382 TD [( )-1559.7(Administrative, selling and general expenses)-9352.1( )-1583.5( )]TJ /F13 1 Tf 32.8126 0.0476 TD (23.8)Tj /F12 1 Tf 1.7621 -0.0476 TD 1.5835 Tw [( )476.2( )333.4(15.2)-12.2( )1000.1( )333.4(18.7)-12.2( )]TJ ET 0.934 g 67.65 692.97 18 -12.24 re f BT 10.079 0 0 10.079 67.65 682.6501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 85.89 692.97 274.56 -12.24 re f BT 10.079 0 0 10.079 85.89 682.6501 Tm 0 g (Interest expense)Tj ET 0.934 g 360.69 692.97 18.24 -12.24 re f BT 10.079 0 0 10.079 360.69 682.6501 Tm 0 g ( )Tj ET 0.934 g 379.17 692.97 8.88 -12.24 re f BT 10.079 0 0 10.079 379.17 682.6501 Tm 0 g ( )Tj ET 0.934 g 388.29 692.97 27.6 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 683.1301 Tm 0 g (6.6)Tj ET 0.934 g 416.13 692.97 13.44 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 682.6501 Tm 0 g ( )Tj ET 0.934 g 429.81 692.97 18.24 -12.24 re f BT 10.079 0 0 10.079 429.81 682.6501 Tm 0 g ( )Tj ET 0.934 g 448.29 692.97 4.8 -12.24 re f BT 10.079 0 0 10.079 448.29 682.6501 Tm 0 g ( )Tj ET 0.934 g 453.33 692.97 27.6 -12.24 re f BT 10.079 0 0 10.079 468.45 682.6501 Tm 0 g (8.8)Tj ET 0.934 g 481.17 692.97 8.16 -12.24 re f BT 10.079 0 0 10.079 481.17 682.6501 Tm 0 g ( )Tj ET 0.934 g 489.57 692.97 18.24 -12.24 re f BT 10.079 0 0 10.079 489.57 682.6501 Tm 0 g ( )Tj ET 0.934 g 508.05 692.97 4.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 682.6501 Tm 0 g ( )Tj ET 0.934 g 513.09 692.97 27.6 -12.24 re f BT 10.079 0 0 10.079 528.21 682.6501 Tm 0 g (4.9)Tj ET 0.934 g 540.93 692.97 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 682.6501 Tm 0 g ( )Tj -46.9569 -1.1192 TD [( )-1559.7(Loss on common stock investment)-13376.7( )-1583.5( )-3417( )-1107.3( )-1583.5( )-250( )-2512.2( )-583.4( )-1583.5( )-1250.1(10.9)-12.2( )]TJ ET 0.934 g 67.65 669.21 18 -12.24 re f BT 10.079 0 0 10.079 67.65 658.8901 Tm 0 g ( )Tj ET 0.934 g 85.89 669.21 274.56 -12.24 re f BT 10.079 0 0 10.079 85.89 658.8901 Tm 0 g (Other expenses)Tj ET 0.934 g 360.69 669.21 18.24 -12.24 re f BT 10.079 0 0 10.079 360.69 658.8901 Tm 0 g ( )Tj ET 0.934 g 379.17 669.21 8.88 -12.24 re f BT 10.079 0 0 10.079 379.17 658.8901 Tm 0 g ( )Tj ET 0.934 g 388.29 669.21 27.6 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 403.41 659.3701 Tm 0 g (8.6)Tj ET 0.934 g 416.13 669.21 13.44 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 658.8901 Tm 0 g ( )Tj ET 0.934 g 429.81 669.21 18.24 -12.24 re f BT 10.079 0 0 10.079 429.81 658.8901 Tm 0 g ( )Tj ET 0.934 g 448.29 669.21 4.8 -12.24 re f BT 10.079 0 0 10.079 448.29 658.8901 Tm 0 g ( )Tj ET 0.934 g 453.33 669.21 27.6 -12.24 re f BT 10.079 0 0 10.079 468.45 658.8901 Tm 0 g (9.1)Tj ET 0.934 g 481.17 669.21 8.16 -12.24 re f BT 10.079 0 0 10.079 481.17 658.8901 Tm 0 g ( )Tj ET 0.934 g 489.57 669.21 18.24 -12.24 re f BT 10.079 0 0 10.079 489.57 658.8901 Tm 0 g ( )Tj ET 0.934 g 508.05 669.21 4.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 658.8901 Tm 0 g ( )Tj ET 0.934 g 513.09 669.21 27.6 -12.24 re f BT 10.079 0 0 10.079 523.1699 658.8901 Tm 0 g (10.4)Tj ET 0.934 g 540.93 669.21 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 658.8901 Tm 0 g ( )Tj -46.9569 -1.1192 TD 28.8242 Tc [( )27240.7( )]TJ ET 0.5 g 388.29 651.45 27.6 -0.48 re f BT 10.079 0 0 10.079 416.13 647.61 Tm 0 g 1.1073 Tc [( )-476.2( )]TJ ET 0.5 g 453.33 651.45 27.6 -0.48 re f BT 10.079 0 0 10.079 481.17 647.61 Tm 0 g 0.5834 Tc [( )-1000.1( )]TJ ET 0.5 g 513.09 651.45 27.6 -0.48 re f BT 10.079 0 0 10.079 540.9299 647.61 Tm 0 g 0 Tc ( )Tj -46.9569 -1.2382 TD [( )-1559.7( )-1583.5(Total Costs and Expenses)-15126.9( )-1583.5( )]TJ /F13 1 Tf 32.3126 0.0476 TD (674.4)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.5835 Tw [( )476.2( )833.4(391.8)-12.3( )1000.1( )833.4(410.9)-12.3( )]TJ -34.5747 -1.1192 TD 28.8242 Tc 0 Tw [( )27240.7( )]TJ ET 0.5 g 388.29 627.69 27.6 -0.48 re f BT 10.079 0 0 10.079 416.13 623.85 Tm 0 g 1.1073 Tc [( )-476.2( )]TJ ET 0.5 g 453.33 627.69 27.6 -0.48 re f BT 10.079 0 0 10.079 481.17 623.85 Tm 0 g 0.5834 Tc [( )-1000.1( )]TJ ET 0.5 g 513.09 627.69 27.6 -0.48 re f BT 10.079 0 0 10.079 540.9299 623.85 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 621.69 292.8 -22.32 re f BT 10.079 0 0 10.079 67.65 612.5701 Tm 0 g -0.0001 Tc 0.0001 Tw (INCOME \(LOSS\) FROM CONTINUING OPERATIONS BEFORE )Tj 0.7382 -1.1192 TD (INCOME TAXES)Tj ET 0.934 g 360.69 621.69 18.24 -22.32 re f BT 10.079 0 0 10.079 360.69 601.29 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 379.17 621.69 8.88 -22.32 re f BT 10.079 0 0 10.079 385.65 601.29 Tm 0 g ( )Tj ET 0.934 g 388.29 621.69 27.6 -22.32 re f BT 10.079 0 0 10.079 395.01 601.7701 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (57.3)Tj ET 0.934 g 416.13 621.69 13.44 -22.32 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 601.29 Tm 0 g (\))Tj ET 0.934 g 429.81 621.69 18.24 -22.32 re f BT 10.079 0 0 10.079 429.81 601.29 Tm 0 g ( )Tj ET 0.934 g 448.29 621.69 4.8 -22.32 re f BT 10.079 0 0 10.079 450.69 601.29 Tm 0 g ( )Tj ET 0.934 g 453.33 621.69 27.6 -22.32 re f BT 10.079 0 0 10.079 460.05 601.29 Tm 0 g (\(28.7)Tj ET 0.934 g 481.17 621.69 8.16 -22.32 re f BT 10.079 0 0 10.079 481.17 601.29 Tm 0 g (\))Tj ET 0.934 g 489.57 621.69 18.24 -22.32 re f BT 10.079 0 0 10.079 489.57 601.29 Tm 0 g ( )Tj ET 0.934 g 508.05 621.69 4.8 -22.32 re f BT 10.079 0 0 10.079 508.0499 601.29 Tm 0 g ( )Tj ET 0.934 g 513.09 621.69 27.6 -22.32 re f BT 10.079 0 0 10.079 523.1699 601.29 Tm 0 g (29.9)Tj ET 0.934 g 540.93 621.69 3.36 -22.32 re f BT 10.079 0 0 10.079 540.9299 601.29 Tm 0 g ( )Tj -46.9569 -1.2382 TD -0.0001 Tc 0.0001 Tw [(INCOME TAXES \(CREDIT\))-17132.3( )-1583.5( )]TJ /F13 1 Tf 33.3127 0.0476 TD 0 Tc 0 Tw (9.1)Tj /F12 1 Tf 1.262 -0.0476 TD 1.1073 Tw [( )-714.3( )-71.4(\(9.2)-12.5(\))-500.4( )-476.2( )-642.9(3.2)-12.1( )]TJ -34.5747 -1.1192 TD 28.8242 Tc 0 Tw [( )27240.7( )]TJ ET 0.5 g 388.29 581.37 27.6 -0.48 re f BT 10.079 0 0 10.079 416.13 577.53 Tm 0 g 1.1073 Tc [( )-476.2( )]TJ ET 0.5 g 453.33 581.37 27.6 -0.48 re f BT 10.079 0 0 10.079 481.17 577.53 Tm 0 g 0.5834 Tc [( )-1000.1( )]TJ ET 0.5 g 513.09 581.37 27.6 -0.48 re f BT 10.079 0 0 10.079 540.9299 577.53 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 575.37 292.8 -12.24 re f BT 10.079 0 0 10.079 67.65 565.05 Tm 0 g -0.0001 Tc 0.0001 Tw (INCOME \(LOSS\) FROM CONTINUING OPERATIONS)Tj ET 0.934 g 360.69 575.37 18.24 -12.24 re f BT 10.079 0 0 10.079 360.69 565.05 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 379.17 575.37 8.88 -12.24 re f BT 10.079 0 0 10.079 385.65 565.05 Tm 0 g ( )Tj ET 0.934 g 388.29 575.37 27.6 -12.24 re f BT 10.079 0 0 10.079 395.01 565.53 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (66.4)Tj ET 0.934 g 416.13 575.37 13.44 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 565.05 Tm 0 g (\))Tj ET 0.934 g 429.81 575.37 18.24 -12.24 re f BT 10.079 0 0 10.079 429.81 565.05 Tm 0 g ( )Tj ET 0.934 g 448.29 575.37 4.8 -12.24 re f BT 10.079 0 0 10.079 450.69 565.05 Tm 0 g ( )Tj ET 0.934 g 453.33 575.37 27.6 -12.24 re f BT 10.079 0 0 10.079 460.05 565.05 Tm 0 g (\(19.5)Tj ET 0.934 g 481.17 575.37 8.16 -12.24 re f BT 10.079 0 0 10.079 481.17 565.05 Tm 0 g (\))Tj ET 0.934 g 489.57 575.37 18.24 -12.24 re f BT 10.079 0 0 10.079 489.57 565.05 Tm 0 g ( )Tj ET 0.934 g 508.05 575.37 4.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 565.05 Tm 0 g ( )Tj ET 0.934 g 513.09 575.37 27.6 -12.24 re f BT 10.079 0 0 10.079 523.1699 565.05 Tm 0 g (26.7)Tj ET 0.934 g 540.93 575.37 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 565.05 Tm 0 g ( )Tj -46.9569 -1.2382 TD -0.0001 Tc 0.0001 Tw [(\(LOSS\) FROM DISCONTINUED OPERATION \(Note 3\))-5662.4( )-2226.4( )]TJ 31.9792 0.0476 TD 0 Tc 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (108.5)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.8216 Tw [(\))-1024.3( )1142.9(\(12.7)-12.6(\))-500.4( )642.9(\(8.6)-12.5(\))]TJ -34.5747 -1.1192 TD 28.8242 Tc 0 Tw [( )27240.7( )]TJ ET 0.5 g 388.29 545.13 27.6 -0.48 re f BT 10.079 0 0 10.079 416.13 541.29 Tm 0 g 1.1073 Tc [( )-476.2( )]TJ ET 0.5 g 453.33 545.13 27.6 -0.48 re f BT 10.079 0 0 10.079 481.17 541.29 Tm 0 g 0.5834 Tc [( )-1000.1( )]TJ ET 0.5 g 513.09 545.13 27.6 -0.48 re f BT 10.079 0 0 10.079 540.9299 541.29 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 539.13 292.8 -22.32 re f BT 10.079 0 0 10.079 67.65 530.0101 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 360.69 539.13 18.24 -22.32 re f BT 10.079 0 0 10.079 360.69 518.73 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 379.17 539.13 8.88 -22.32 re f BT 10.079 0 0 10.079 385.65 518.73 Tm 0 g ( )Tj ET 0.934 g 388.29 539.13 27.6 -22.32 re f BT 10.079 0 0 10.079 389.97 519.2101 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (174.9)Tj ET 0.934 g 416.13 539.13 13.44 -22.32 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 518.73 Tm 0 g (\))Tj ET 0.934 g 429.81 539.13 18.24 -22.32 re f BT 10.079 0 0 10.079 429.81 518.73 Tm 0 g ( )Tj ET 0.934 g 448.29 539.13 4.8 -22.32 re f BT 10.079 0 0 10.079 450.69 518.73 Tm 0 g ( )Tj ET 0.934 g 453.33 539.13 27.6 -22.32 re f BT 10.079 0 0 10.079 460.05 518.73 Tm 0 g (\(32.2)Tj ET 0.934 g 481.17 539.13 8.16 -22.32 re f BT 10.079 0 0 10.079 481.17 518.73 Tm 0 g (\))Tj ET 0.934 g 489.57 539.13 18.24 -22.32 re f BT 10.079 0 0 10.079 489.57 518.73 Tm 0 g ( )Tj ET 0.934 g 508.05 539.13 4.8 -22.32 re f BT 10.079 0 0 10.079 508.0499 518.73 Tm 0 g ( )Tj ET 0.934 g 513.09 539.13 27.6 -22.32 re f BT 10.079 0 0 10.079 523.1699 518.73 Tm 0 g (18.1)Tj ET 0.934 g 540.93 539.13 3.36 -22.32 re f BT 10.079 0 0 10.079 540.9299 518.73 Tm 0 g ( )Tj -46.9569 -1.2382 TD -0.0001 Tc 0.0001 Tw [(CUMULATIVE EFFECT OF ACCOUNTING CHANGE)-5800.4( )-2226.4( )]TJ 32.4793 0.0476 TD 0 Tc 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (13.4)Tj /F12 1 Tf 1.7621 -0.0476 TD 1.5835 Tw [(\))-1024.3( )-166.7(9.3)-12.1( )1000.1( )1333.4( )-928.7( )]TJ -34.5747 -1.1192 TD 28.8242 Tc 0 Tw [( )27240.7( )]TJ ET 0.5 g 388.29 498.81 27.6 -0.48 re f BT 10.079 0 0 10.079 416.13 494.9701 Tm 0 g 1.1073 Tc [( )-476.2( )]TJ ET 0.5 g 453.33 498.81 27.6 -0.48 re f BT 10.079 0 0 10.079 481.17 494.9701 Tm 0 g 0.5834 Tc [( )-1000.1( )]TJ ET 0.5 g 513.09 498.81 27.6 -0.48 re f BT 10.079 0 0 10.079 540.9299 494.9701 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 492.81 292.8 -12.24 re f BT 10.079 0 0 10.079 67.65 482.4901 Tm 0 g -0.0001 Tc 0.0001 Tw (NET INCOME \(LOSS\))Tj ET 0.934 g 360.69 492.81 18.24 -12.24 re f BT 10.079 0 0 10.079 360.69 482.4901 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 379.17 492.81 8.88 -12.24 re f BT 10.079 0 0 10.079 383.25 482.4901 Tm 0 g ($)Tj ET 0.934 g 388.29 492.81 27.6 -12.24 re f BT 10.079 0 0 10.079 389.97 482.9701 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (188.3)Tj ET 0.934 g 416.13 492.81 13.44 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 482.4901 Tm 0 g (\))Tj ET 0.934 g 429.81 492.81 18.24 -12.24 re f BT 10.079 0 0 10.079 429.81 482.4901 Tm 0 g ( )Tj ET 0.934 g 448.29 492.81 4.8 -12.24 re f BT 10.079 0 0 10.079 448.29 482.4901 Tm 0 g ($)Tj ET 0.934 g 453.33 492.81 27.6 -12.24 re f BT 10.079 0 0 10.079 460.05 482.4901 Tm 0 g (\(22.9)Tj ET 0.934 g 481.17 492.81 8.16 -12.24 re f BT 10.079 0 0 10.079 481.17 482.4901 Tm 0 g (\))Tj ET 0.934 g 489.57 492.81 18.24 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18 -12.24 re f BT 10.079 0 0 10.079 67.65 447.4501 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 85.89 457.77 274.56 -12.24 re f BT 10.079 0 0 10.079 85.89 447.4501 Tm 0 g (Continuing operations)Tj ET 0.934 g 360.69 457.77 18.24 -12.24 re f BT 10.079 0 0 10.079 360.69 447.4501 Tm 0 g ( )Tj ET 0.934 g 379.17 457.77 8.88 -12.24 re f BT 10.079 0 0 10.079 383.25 447.4501 Tm 0 g ($)Tj ET 0.934 g 388.29 457.77 27.6 -12.24 re f BT 10.079 0 0 10.079 395.01 447.9301 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (6.58)Tj ET 0.934 g 416.13 457.77 13.44 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 447.4501 Tm 0 g (\))Tj ET 0.934 g 429.81 457.77 18.24 -12.24 re f BT 10.079 0 0 10.079 429.81 447.4501 Tm 0 g ( )Tj ET 0.934 g 448.29 457.77 4.8 -12.24 re f BT 10.079 0 0 10.079 448.29 447.4501 Tm 0 g ($)Tj ET 0.934 g 453.33 457.77 27.6 -12.24 re f BT 10.079 0 0 10.079 460.05 447.4501 Tm 0 g (\(1.93)Tj ET 0.934 g 481.17 457.77 8.16 -12.24 re f BT 10.079 0 0 10.079 481.17 447.4501 Tm 0 g (\))Tj ET 0.934 g 489.57 457.77 18.24 -12.24 re f BT 10.079 0 0 10.079 489.57 447.4501 Tm 0 g ( )Tj ET 0.934 g 508.05 457.77 4.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 447.4501 Tm 0 g ($)Tj ET 0.934 g 513.09 457.77 27.6 -12.24 re f BT 10.079 0 0 10.079 523.1699 447.4501 Tm 0 g (2.57)Tj ET 0.934 g 540.93 457.77 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 447.4501 Tm 0 g ( )Tj -46.9569 -1.2382 TD 1.5597 Tw [( Discontinued )1559.7(operation)-17905.3( )-666.7( )]TJ 31.9792 0.0476 TD 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (10.72)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.8216 Tw [(\))-1024.3( )1142.9(\(1.26)-12.6(\))-500.4( )642.9(\(.83)-12.5(\))]TJ ET 0.934 g 67.65 432.81 18 -12.24 re f BT 10.079 0 0 10.079 67.65 422.4901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 85.89 432.81 274.56 -12.24 re f BT 10.079 0 0 10.079 85.89 422.4901 Tm 0 g (Cumulative effect of accounting change)Tj ET 0.934 g 360.69 432.81 18.24 -12.24 re f BT 10.079 0 0 10.079 360.69 422.4901 Tm 0 g ( )Tj ET 0.934 g 379.17 432.81 8.88 -12.24 re f BT 10.079 0 0 10.079 385.65 422.4901 Tm 0 g ( )Tj ET 0.934 g 388.29 432.81 27.6 -12.24 re f BT 10.079 0 0 10.079 395.01 422.9701 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (1.32)Tj ET 0.934 g 416.13 432.81 13.44 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 422.4901 Tm 0 g (\))Tj ET 0.934 g 429.81 432.81 18.24 -12.24 re f BT 10.079 0 0 10.079 429.81 422.4901 Tm 0 g ( )Tj ET 0.934 g 448.29 432.81 4.8 -12.24 re f BT 10.079 0 0 10.079 448.29 422.4901 Tm 0 g ( )Tj ET 0.934 g 453.33 432.81 27.6 -12.24 re f BT 10.079 0 0 10.079 468.45 422.4901 Tm 0 g (.92)Tj ET 0.934 g 481.17 432.81 8.16 -12.24 re f BT 10.079 0 0 10.079 481.17 422.4901 Tm 0 g ( )Tj ET 0.934 g 489.57 432.81 18.24 -12.24 re f BT 10.079 0 0 10.079 489.57 422.4901 Tm 0 g ( )Tj ET 0.934 g 508.05 432.81 4.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 422.4901 Tm 0 g ( )Tj ET 0.934 g 513.09 432.81 27.6 -12.24 re f BT 10.079 0 0 10.079 513.09 422.4901 Tm 0 g ( )Tj ET 0.934 g 540.93 432.81 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 422.4901 Tm 0 g ( )Tj -46.9569 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10.079 540.9299 387.4501 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 385.29 292.8 -12.24 re f BT 10.079 0 0 10.079 67.65 375.4501 Tm 0 g (N)Tj /F13 1 Tf 0.7144 0 TD -0.0001 Tc 0.0001 Tw (ET INCOME \(LOSS\) PER COMMON SHARE )Tj /F6 1 Tf 20.6101 0 TD 0 Tc 0 Tw ()Tj /F13 1 Tf 0.9999 0 TD -0.0001 Tc 0.0001 Tw ( DILUTED)Tj ET 0.934 g 360.69 385.29 18.24 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 360.69 374.9701 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 379.17 385.29 8.88 -12.24 re f BT 10.079 0 0 10.079 379.17 374.9701 Tm 0 g ( )Tj ET 0.934 g 388.29 385.29 27.6 -12.24 re f BT 10.079 0 0 10.079 388.29 374.9701 Tm 0 g ( )Tj ET 0.934 g 416.13 385.29 13.44 -12.24 re f BT 10.079 0 0 10.079 416.13 374.9701 Tm 0 g ( )Tj ET 0.934 g 429.81 385.29 18.24 -12.24 re f BT 10.079 0 0 10.079 429.81 374.9701 Tm 0 g ( )Tj ET 0.934 g 448.29 385.29 4.8 -12.24 re f BT 10.079 0 0 10.079 448.29 374.9701 Tm 0 g ( )Tj ET 0.934 g 453.33 385.29 27.6 -12.24 re f BT 10.079 0 0 10.079 453.33 374.9701 Tm 0 g ( )Tj ET 0.934 g 481.17 385.29 8.16 -12.24 re f BT 10.079 0 0 10.079 481.17 374.9701 Tm 0 g ( )Tj ET 0.934 g 489.57 385.29 18.24 -12.24 re f BT 10.079 0 0 10.079 489.57 374.9701 Tm 0 g ( )Tj ET 0.934 g 508.05 385.29 4.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 374.9701 Tm 0 g ( )Tj ET 0.934 g 513.09 385.29 27.6 -12.24 re f BT 10.079 0 0 10.079 513.09 374.9701 Tm 0 g ( )Tj ET 0.934 g 540.93 385.29 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 374.9701 Tm 0 g ( )Tj -46.9569 -1.2382 TD 1.5597 Tw [( Continuing )1559.7(operations)-18348.3( )-428.6($)]TJ 32.4793 0.0476 TD 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (6.58)Tj /F12 1 Tf 1.7621 -0.0476 TD 1.5835 Tw [(\))-1024.3( $)-666.8(\(1.93)-12.6(\))-500.4( $)-1000.1(2.55)-12.2( )]TJ ET 0.934 g 67.65 360.33 18 -12.24 re f BT 10.079 0 0 10.079 67.65 350.0101 Tm 0 g 0 Tw ( )Tj ET 0.934 g 85.89 360.33 274.56 -12.24 re f BT 10.079 0 0 10.079 85.89 350.0101 Tm 0 g (Discontinued operation)Tj ET 0.934 g 360.69 360.33 18.24 -12.24 re f BT 10.079 0 0 10.079 360.69 350.0101 Tm 0 g ( 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360.33 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 350.0101 Tm 0 g (\))Tj -46.9569 -1.2382 TD [( )-1559.7(Cumulative effect of accounting change)-11269.9( )-2226.4( )]TJ 32.4793 0.0476 TD (\()Tj /F13 1 Tf 0.3334 0 TD (1.32)Tj /F12 1 Tf 1.7621 -0.0476 TD 1.5835 Tw [(\))-1024.3( )-166.7(.92)-12.1( )1000.1( )1333.4( )-928.7( )]TJ -34.5747 -1.1192 TD 28.8242 Tc 0 Tw [( )27240.7( )]TJ ET 0.5 g 388.29 330.09 27.6 -0.48 re f BT 10.079 0 0 10.079 416.13 326.2501 Tm 0 g 1.1073 Tc [( )-476.2( )]TJ ET 0.5 g 453.33 330.09 27.6 -0.48 re f BT 10.079 0 0 10.079 481.17 326.2501 Tm 0 g 0.5834 Tc [( )-1000.1( )]TJ ET 0.5 g 513.09 330.09 27.6 -0.48 re f BT 10.079 0 0 10.079 540.9299 326.2501 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 324.09 18 -12.24 re f BT 10.079 0 0 10.079 67.65 313.7701 Tm 0 g ( )Tj ET 0.934 g 85.89 324.09 18.24 -12.24 re f BT 10.079 0 0 10.079 85.89 313.7701 Tm 0 g ( )Tj ET 0.934 g 104.37 324.09 256.08 -12.24 re f BT 10.079 0 0 10.079 104.37 313.7701 Tm 0 g -0.0001 Tc 0.0001 Tw (NET INCOME \(LOSS\))Tj ET 0.934 g 360.69 324.09 18.24 -12.24 re f BT 10.079 0 0 10.079 360.69 313.7701 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 379.17 324.09 8.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 383.25 314.2501 Tm 0 g ($)Tj ET 0.934 g 388.29 324.09 27.6 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 389.97 314.2501 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (18.62)Tj ET 0.934 g 416.13 324.09 13.44 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 416.13 313.7701 Tm 0 g (\))Tj ET 0.934 g 429.81 324.09 18.24 -12.24 re f BT 10.079 0 0 10.079 429.81 313.7701 Tm 0 g ( )Tj ET 0.934 g 448.29 324.09 4.8 -12.24 re f BT 10.079 0 0 10.079 448.29 313.7701 Tm 0 g ($)Tj ET 0.934 g 453.33 324.09 27.6 -12.24 re f BT 10.079 0 0 10.079 460.05 313.7701 Tm 0 g (\(2.27)Tj ET 0.934 g 481.17 324.09 8.16 -12.24 re f BT 10.079 0 0 10.079 481.17 313.7701 Tm 0 g (\))Tj ET 0.934 g 489.57 324.09 18.24 -12.24 re f BT 10.079 0 0 10.079 489.57 313.7701 Tm 0 g ( )Tj ET 0.934 g 508.05 324.09 4.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 313.7701 Tm 0 g ($)Tj ET 0.934 g 513.09 324.09 27.6 -12.24 re f BT 10.079 0 0 10.079 523.1699 313.7701 Tm 0 g (1.73)Tj ET 0.934 g 540.93 324.09 3.36 -12.24 re f BT 10.079 0 0 10.079 540.9299 313.7701 Tm 0 g ( )Tj -46.9569 -1.1192 TD 28.8242 Tc [( )27240.7( )]TJ ET 0.5 g 388.29 307.53 27.6 -2.88 re f BT 10.079 0 0 10.079 416.13 302.4901 Tm 0 g 1.1073 Tc [( )-476.2( )]TJ ET 0.5 g 453.33 307.53 27.6 -2.88 re f BT 10.079 0 0 10.079 481.17 302.4901 Tm 0 g 0.5834 Tc [( )-1000.1( )]TJ ET 0.5 g 513.09 307.53 27.6 -2.88 re f BT 10.079 0 0 10.079 540.9299 302.4901 Tm 0 g 0 Tc ( )Tj -46.9569 -1.1192 TD -0.0001 Tc 0.0001 Tw [(AVERAGE NUMBER OF SHARES \(In thousands\))-8160.2( )-1583.5( )-654.8( )-2512.2( )-1107.3( )-1583.5( )-250( )-2512.2( )-583.4( )-1583.5( )-250.1( )-2512.2( )]TJ ET 0.934 g 67.65 289.05 18 -12.24 re f BT 10.079 0 0 10.079 67.65 278.7301 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 85.89 289.05 274.56 -12.24 re f BT 10.079 0 0 10.079 85.89 278.7301 Tm 0 g (Basic)Tj ET 0.934 g 360.69 289.05 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439.41 810.3301 Tm 0 g ( )Tj ET 0.934 g 455.97 820.65 22.56 -12.24 re f BT 10.079 0 0 10.079 455.97 810.3301 Tm 0 g ( )Tj ET 0.934 g 478.77 820.65 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 810.3301 Tm 0 g ( )Tj ET 0.934 g 495.33 820.65 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 810.3301 Tm 0 g ( )Tj ET 0.934 g 504.69 820.65 9.12 -12.24 re f BT 10.079 0 0 10.079 504.69 810.3301 Tm 0 g ( )Tj ET 0.934 g 514.05 820.65 20.88 -12.24 re f BT 10.079 0 0 10.079 514.0499 810.3301 Tm 0 g ( )Tj ET 0.934 g 535.17 820.65 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 810.3301 Tm 0 g ( )Tj -46.3854 -1.1192 TD 0.6787 Tw [( )23.9( )23.9( )23.9( Depreciation )678.7(and )678.7(amortization:)-14490.2( )-1666.8( )-714.3( )-1333.4( )-714.3( )-1166.7( )]TJ ET 0.934 g 67.65 796.89 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 786.5701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 796.89 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 786.5701 Tm 0 g ( )Tj ET 0.934 g 85.89 796.89 8.88 -12.24 re f BT 10.079 0 0 10.079 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495.33 796.89 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 786.5701 Tm 0 g ( )Tj ET 0.934 g 504.69 796.89 9.12 -12.24 re f BT 10.079 0 0 10.079 504.69 786.5701 Tm 0 g ( )Tj ET 0.934 g 514.05 796.89 20.88 -12.24 re f BT 10.079 0 0 10.079 517.4099 786.5701 Tm 0 g (12.7)Tj ET 0.934 g 535.17 796.89 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 786.5701 Tm 0 g ( )Tj -46.3854 -1.2382 TD [( )-654.8( )-654.8( )-654.8( )-678.7( Share of associated companies)-13685.3( )-678.7( )]TJ /F13 1 Tf 33.7651 0.0476 TD (8.4)Tj /F12 1 Tf 1.262 -0.0476 TD 0.6787 Tw [( )-1214.4(10.8)-12.2( )-714.3( )-333.3(12.7)-12.2( )]TJ ET 0.934 g 67.65 771.93 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 761.61 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 771.93 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 761.61 Tm 0 g ( )Tj ET 0.934 g 85.89 771.93 8.88 -12.24 re f BT 10.079 0 0 10.079 85.89 761.61 Tm 0 g ( )Tj ET 0.934 g 95.01 771.93 9.12 -12.24 re f BT 10.079 0 0 10.079 95.01 761.61 Tm 0 g ( )Tj ET 0.934 g 104.37 771.93 271.2 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Tm 0 g ( )Tj ET 0.934 g 514.05 771.93 20.88 -12.24 re f BT 10.079 0 0 10.079 514.0499 761.61 Tm 0 g ( )Tj ET 0.934 g 535.17 771.93 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 761.61 Tm 0 g ( )Tj -46.3854 -1.2382 TD 0.6548 Tw [( )-23.9(Deferred )654.8(income )654.8(taxes)-17879.9( )-23.9( )]TJ /F13 1 Tf 33.2651 0.0476 TD 0 Tw (13.9)Tj /F12 1 Tf 1.7621 -0.0476 TD 0.6787 Tw [( )-1381( )500.1(\(12.8)-12.6(\))-1310( )-833.4(9.6)-12.1( )]TJ ET 0.934 g 67.65 746.97 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 736.6501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 746.97 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 736.6501 Tm 0 g ( )Tj ET 0.934 g 85.89 746.97 8.88 -12.24 re f BT 10.079 0 0 10.079 85.89 736.6501 Tm 0 g ( )Tj ET 0.934 g 95.01 746.97 9.12 -12.24 re f BT 10.079 0 0 10.079 95.01 736.6501 Tm 0 g ( )Tj ET 0.934 g 104.37 746.97 271.2 -12.24 re f BT 10.079 0 0 10.079 104.37 736.6501 Tm 0 g (Gain on sale of assets)Tj ET 0.934 g 375.81 746.97 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 736.6501 Tm 0 g ( )Tj ET 0.934 g 385.17 746.97 9.12 -12.24 re f BT 10.079 0 0 10.079 391.89 736.6501 Tm 0 g ( )Tj ET 0.934 g 394.53 746.97 25.92 -12.24 re f BT 10.079 0 0 10.079 404.61 737.1301 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (6.2)Tj ET 0.934 g 420.69 746.97 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 736.6501 Tm 0 g (\))Tj ET 0.934 g 430.05 746.97 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 736.6501 Tm 0 g ( )Tj ET 0.934 g 439.41 746.97 16.32 -12.24 re f BT 10.079 0 0 10.079 453.33 736.6501 Tm 0 g ( )Tj ET 0.934 g 455.97 746.97 22.56 -12.24 re f BT 10.079 0 0 10.079 462.69 736.6501 Tm 0 g (\(5.6)Tj ET 0.934 g 478.77 746.97 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 736.6501 Tm 0 g (\))Tj ET 0.934 g 495.33 746.97 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 736.6501 Tm 0 g ( )Tj ET 0.934 g 504.69 746.97 9.12 -12.24 re f BT 10.079 0 0 10.079 511.4099 736.6501 Tm 0 g ( )Tj ET 0.934 g 514.05 746.97 20.88 -12.24 re f BT 10.079 0 0 10.079 524.1299 736.6501 Tm 0 g (\(.7)Tj ET 0.934 g 535.17 746.97 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 736.6501 Tm 0 g (\))Tj -46.3854 -1.1192 TD 0.6787 Tw [( )23.9( )23.9( )23.9( Loss )678.7(on )678.7(common )678.7(stock )678.7(investment)-13043.4( )-1666.8( )-714.3( )-1333.4( )-714.3( )-333.3(10.9)-12.2( )]TJ ET 0.934 g 67.65 723.21 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 712.8901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 723.21 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 712.8901 Tm 0 g ( )Tj ET 0.934 g 85.89 723.21 8.88 -12.24 re f BT 10.079 0 0 10.079 85.89 712.8901 Tm 0 g ( )Tj ET 0.934 g 95.01 723.21 9.12 -12.24 re f BT 10.079 0 0 10.079 95.01 712.8901 Tm 0 g ( )Tj ET 0.934 g 104.37 723.21 271.2 -12.24 re f BT 10.079 0 0 10.079 104.37 712.8901 Tm 0 g (Other)Tj ET 0.934 g 375.81 723.21 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 712.8901 Tm 0 g ( )Tj ET 0.934 g 385.17 723.21 9.12 -12.24 re f BT 10.079 0 0 10.079 391.89 712.8901 Tm 0 g ( )Tj ET 0.934 g 394.53 723.21 25.92 -12.24 re f BT 10.079 0 0 10.079 404.61 713.3701 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (1.8)Tj ET 0.934 g 420.69 723.21 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 712.8901 Tm 0 g (\))Tj ET 0.934 g 430.05 723.21 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 712.8901 Tm 0 g ( )Tj ET 0.934 g 439.41 723.21 16.32 -12.24 re f BT 10.079 0 0 10.079 439.41 712.8901 Tm 0 g ( )Tj ET 0.934 g 455.97 723.21 22.56 -12.24 re f BT 10.079 0 0 10.079 466.05 712.8901 Tm 0 g (3.8)Tj ET 0.934 g 478.77 723.21 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 712.8901 Tm 0 g ( )Tj ET 0.934 g 495.33 723.21 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 712.8901 Tm 0 g ( )Tj ET 0.934 g 504.69 723.21 9.12 -12.24 re f BT 10.079 0 0 10.079 511.4099 712.8901 Tm 0 g ( )Tj ET 0.934 g 514.05 723.21 20.88 -12.24 re f BT 10.079 0 0 10.079 524.1299 712.8901 Tm 0 g (\(.2)Tj ET 0.934 g 535.17 723.21 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 712.8901 Tm 0 g (\))Tj -46.3854 -1.1192 TD 30.3243 Tc [( )29645.6( )]TJ ET 0.5 g 394.53 705.45 25.92 -0.48 re f BT 10.079 0 0 10.079 420.69 701.61 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 455.97 705.45 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 701.61 Tm 0 g 1.393 Tc [( )714.3( )]TJ ET 0.5 g 514.05 705.45 20.88 -0.48 re f BT 10.079 0 0 10.079 535.1699 701.61 Tm 0 g 0 Tc ( )Tj -46.3854 -1.2382 TD [( )-654.8( )-654.8( )-654.8( )-678.7( Total before changes in operating assets and liabilities)-3992.2( )-678.7( )]TJ /F13 1 Tf 33.2651 0.0476 TD (28.0)Tj /F12 1 Tf 1.7621 -0.0476 TD 0.6787 Tw [( )-1381( )500.1(\(10.7)-12.6(\))-1310( )-333.3(71.7)-12.2( )]TJ ET 0.934 g 67.65 686.97 8.88 -11.04 re f BT 10.079 0 0 10.079 67.65 677.8501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 686.97 8.88 -11.04 re f BT 10.079 0 0 10.079 76.77 677.8501 Tm 0 g ( )Tj ET 0.934 g 85.89 686.97 8.88 -11.04 re f BT 10.079 0 0 10.079 85.89 677.8501 Tm 0 g ( )Tj ET 0.934 g 95.01 686.97 9.12 -11.04 re f BT 10.079 0 0 10.079 95.01 677.8501 Tm 0 g ( )Tj ET 0.934 g 104.37 686.97 271.2 -11.04 re f BT 10.079 0 0 10.079 104.37 677.8501 Tm 0 g (Changes in operating assets and liabilities:)Tj ET 0.934 g 375.81 686.97 9.12 -11.04 re f BT 10.079 0 0 10.079 375.81 677.8501 Tm 0 g ( )Tj ET 0.934 g 385.17 686.97 9.12 -11.04 re f BT 10.079 0 0 10.079 385.17 677.8501 Tm 0 g ( )Tj ET 0.934 g 394.53 686.97 25.92 -11.04 re f BT 10.079 0 0 10.079 394.53 677.8501 Tm 0 g ( )Tj ET 0.934 g 420.69 686.97 9.12 -11.04 re f BT 10.079 0 0 10.079 420.69 677.8501 Tm 0 g ( )Tj ET 0.934 g 430.05 686.97 9.12 -11.04 re f BT 10.079 0 0 10.079 430.05 677.8501 Tm 0 g ( )Tj ET 0.934 g 439.41 686.97 16.32 -11.04 re f BT 10.079 0 0 10.079 439.41 677.8501 Tm 0 g ( )Tj ET 0.934 g 455.97 686.97 22.56 -11.04 re f BT 10.079 0 0 10.079 455.97 677.8501 Tm 0 g ( )Tj ET 0.934 g 478.77 686.97 16.32 -11.04 re f BT 10.079 0 0 10.079 478.77 677.8501 Tm 0 g ( )Tj ET 0.934 g 495.33 686.97 9.12 -11.04 re f BT 10.079 0 0 10.079 495.33 677.8501 Tm 0 g ( )Tj ET 0.934 g 504.69 686.97 9.12 -11.04 re f BT 10.079 0 0 10.079 504.69 677.8501 Tm 0 g ( )Tj ET 0.934 g 514.05 686.97 20.88 -11.04 re f BT 10.079 0 0 10.079 514.0499 677.8501 Tm 0 g ( )Tj ET 0.934 g 535.17 686.97 9.12 -11.04 re f BT 10.079 0 0 10.079 535.1699 677.8501 Tm 0 g ( )Tj -46.3854 -1.2382 TD [( )-654.8( )-654.8( )-654.8( )-678.7( Inventories and prepaid expenses)-12380.4( )-1345.4( )]TJ 32.9317 0.0476 TD (\()Tj /F13 1 Tf 0.3334 0 TD (15.2)Tj /F12 1 Tf 1.7621 -0.0476 TD 2.0597 Tw [(\))-595.7( )1881.1(\(13.1)-12.6(\))-1310( )714.3( )2047.8(\(50.1)-12.6(\))]TJ ET 0.934 g 67.65 663.21 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 652.8901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 663.21 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 652.8901 Tm 0 g ( )Tj ET 0.934 g 85.89 663.21 8.88 -12.24 re f BT 10.079 0 0 10.079 85.89 652.8901 Tm 0 g ( )Tj ET 0.934 g 95.01 663.21 9.12 -12.24 re f BT 10.079 0 0 10.079 95.01 652.8901 Tm 0 g ( )Tj ET 0.934 g 104.37 663.21 271.2 -12.24 re f BT 10.079 0 0 10.079 104.37 652.8901 Tm 0 g ( Receivables)Tj ET 0.934 g 375.81 663.21 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 652.8901 Tm 0 g ( )Tj ET 0.934 g 385.17 663.21 9.12 -12.24 re f BT 10.079 0 0 10.079 385.17 652.8901 Tm 0 g ( )Tj ET 0.934 g 394.53 663.21 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 402.93 653.3701 Tm 0 g (21.6)Tj ET 0.934 g 420.69 663.21 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 652.8901 Tm 0 g ( )Tj ET 0.934 g 430.05 663.21 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 652.8901 Tm 0 g ( )Tj ET 0.934 g 439.41 663.21 16.32 -12.24 re f BT 10.079 0 0 10.079 439.41 652.8901 Tm 0 g ( )Tj ET 0.934 g 455.97 663.21 22.56 -12.24 re f BT 10.079 0 0 10.079 461.01 652.8901 Tm 0 g (37.4)Tj ET 0.934 g 478.77 663.21 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 652.8901 Tm 0 g ( )Tj ET 0.934 g 495.33 663.21 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 652.8901 Tm 0 g ( )Tj ET 0.934 g 504.69 663.21 9.12 -12.24 re f BT 10.079 0 0 10.079 504.69 652.8901 Tm 0 g ( )Tj ET 0.934 g 514.05 663.21 20.88 -12.24 re f BT 10.079 0 0 10.079 517.4099 652.8901 Tm 0 g (19.1)Tj ET 0.934 g 535.17 663.21 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 652.8901 Tm 0 g ( )Tj -46.3854 -1.2382 TD [( )-654.8( )-654.8( )-654.8( )-678.7( Payables and accrued expenses)-13214.3( )-678.7( )]TJ /F13 1 Tf 33.7651 0.0476 TD (6.5)Tj /F12 1 Tf 1.262 -0.0476 TD 0.6787 Tw [( )-1214.4(15.3)-12.2( )-714.3( )-666.7( )166.7(\(9.1)-12.5(\))]TJ -35.0271 -1.1192 TD 30.3243 Tc 0 Tw [( )29645.6( )]TJ ET 0.5 g 394.53 632.97 25.92 -0.48 re f BT 10.079 0 0 10.079 420.69 629.1301 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 455.97 632.97 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 629.1301 Tm 0 g 1.393 Tc [( )714.3( )]TJ ET 0.5 g 514.05 632.97 20.88 -0.48 re f BT 10.079 0 0 10.079 535.1699 629.1301 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 626.97 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 616.6501 Tm 0 g ( )Tj ET 0.934 g 76.77 626.97 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 616.6501 Tm 0 g ( )Tj ET 0.934 g 85.89 626.97 8.88 -12.24 re f BT 10.079 0 0 10.079 85.89 616.6501 Tm 0 g ( )Tj ET 0.934 g 95.01 626.97 9.12 -12.24 re f BT 10.079 0 0 10.079 95.01 616.6501 Tm 0 g ( )Tj ET 0.934 g 104.37 626.97 271.2 -12.24 re f BT 10.079 0 0 10.079 104.37 616.6501 Tm 0 g ( Total changes in operating assets and liabilities)Tj ET 0.934 g 375.81 626.97 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 616.6501 Tm 0 g ( )Tj ET 0.934 g 385.17 626.97 9.12 -12.24 re f BT 10.079 0 0 10.079 385.17 616.6501 Tm 0 g ( )Tj ET 0.934 g 394.53 626.97 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 402.93 617.1301 Tm 0 g (12.9)Tj ET 0.934 g 420.69 626.97 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 616.6501 Tm 0 g ( )Tj ET 0.934 g 430.05 626.97 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 616.6501 Tm 0 g ( )Tj ET 0.934 g 439.41 626.97 16.32 -12.24 re f BT 10.079 0 0 10.079 439.41 616.6501 Tm 0 g ( )Tj ET 0.934 g 455.97 626.97 22.56 -12.24 re f BT 10.079 0 0 10.079 461.01 616.6501 Tm 0 g (39.6)Tj ET 0.934 g 478.77 626.97 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 616.6501 Tm 0 g ( )Tj ET 0.934 g 495.33 626.97 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 616.6501 Tm 0 g ( )Tj ET 0.934 g 504.69 626.97 9.12 -12.24 re f BT 10.079 0 0 10.079 511.4099 616.6501 Tm 0 g ( )Tj ET 0.934 g 514.05 626.97 20.88 -12.24 re f BT 10.079 0 0 10.079 514.0499 616.6501 Tm 0 g (\(40.1)Tj ET 0.934 g 535.17 626.97 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 616.6501 Tm 0 g (\))Tj -46.3854 -1.1192 TD 30.3243 Tc [( )29645.6( )]TJ ET 0.5 g 394.53 609.21 25.92 -0.48 re f BT 10.079 0 0 10.079 420.69 605.3701 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 455.97 609.21 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 605.3701 Tm 0 g 1.393 Tc [( )714.3( )]TJ ET 0.5 g 514.05 609.21 20.88 -0.48 re f BT 10.079 0 0 10.079 535.1699 605.3701 Tm 0 g 0 Tc ( )Tj -46.3854 -1.2382 TD [( )-654.8( )-654.8( )-654.8( )-678.7(Net cash from operating activities)-13379.3( )-678.7( )]TJ /F13 1 Tf 33.2651 0.0476 TD (40.9)Tj /F12 1 Tf 1.7621 -0.0476 TD 0.6787 Tw [( )-1214.4(28.9)-12.2( )-714.3( )-333.3(31.6)-12.2( )]TJ ET 0.934 g 67.65 590.73 8.88 -11.04 re f BT 10.079 0 0 10.079 67.65 581.61 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 590.73 298.8 -11.04 re f BT 10.079 0 0 10.079 76.77 581.61 Tm 0 g -0.0001 Tc 0.0001 Tw (INVESTING ACTIVITIES)Tj ET 0.934 g 375.81 590.73 9.12 -11.04 re f BT 10.079 0 0 10.079 375.81 581.61 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 385.17 590.73 9.12 -11.04 re f BT 10.079 0 0 10.079 385.17 581.61 Tm 0 g ( )Tj ET 0.934 g 394.53 590.73 25.92 -11.04 re f BT 10.079 0 0 10.079 394.53 581.61 Tm 0 g ( )Tj ET 0.934 g 420.69 590.73 9.12 -11.04 re f BT 10.079 0 0 10.079 420.69 581.61 Tm 0 g ( )Tj ET 0.934 g 430.05 590.73 9.12 -11.04 re f BT 10.079 0 0 10.079 430.05 581.61 Tm 0 g ( )Tj ET 0.934 g 439.41 590.73 16.32 -11.04 re f BT 10.079 0 0 10.079 439.41 581.61 Tm 0 g ( )Tj ET 0.934 g 455.97 590.73 22.56 -11.04 re f BT 10.079 0 0 10.079 455.97 581.61 Tm 0 g ( )Tj ET 0.934 g 478.77 590.73 16.32 -11.04 re f BT 10.079 0 0 10.079 478.77 581.61 Tm 0 g ( )Tj ET 0.934 g 495.33 590.73 9.12 -11.04 re f BT 10.079 0 0 10.079 495.33 581.61 Tm 0 g ( )Tj ET 0.934 g 504.69 590.73 9.12 -11.04 re f BT 10.079 0 0 10.079 504.69 581.61 Tm 0 g ( )Tj ET 0.934 g 514.05 590.73 20.88 -11.04 re f BT 10.079 0 0 10.079 514.0499 581.61 Tm 0 g ( )Tj ET 0.934 g 535.17 590.73 9.12 -11.04 re f BT 10.079 0 0 10.079 535.1699 581.61 Tm 0 g ( )Tj -46.3854 -1.1192 TD 0.6787 Tw [( )23.9( )23.9(Purchase )678.7(of )678.7(property, )678.7(plant )678.7(and )678.7(equipment:)-11491.2( )-1666.8( )-714.3( )-1333.4( )-714.3( )-1166.7( )]TJ ET 0.934 g 67.65 568.17 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 557.85 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 568.17 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 557.85 Tm 0 g ( )Tj ET 0.934 g 85.89 568.17 8.88 -12.24 re f BT 10.079 0 0 10.079 85.89 557.85 Tm 0 g ( )Tj ET 0.934 g 95.01 568.17 280.56 -12.24 re f BT 10.079 0 0 10.079 95.01 557.85 Tm 0 g (Consolidated)Tj ET 0.934 g 375.81 568.17 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 557.85 Tm 0 g ( )Tj ET 0.934 g 385.17 568.17 9.12 -12.24 re f BT 10.079 0 0 10.079 391.89 557.85 Tm 0 g ( )Tj ET 0.934 g 394.53 568.17 25.92 -12.24 re f BT 10.079 0 0 10.079 404.61 558.3301 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (8.6)Tj ET 0.934 g 420.69 568.17 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 557.85 Tm 0 g (\))Tj ET 0.934 g 430.05 568.17 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 557.85 Tm 0 g ( )Tj ET 0.934 g 439.41 568.17 16.32 -12.24 re f BT 10.079 0 0 10.079 453.33 557.85 Tm 0 g ( )Tj ET 0.934 g 455.97 568.17 22.56 -12.24 re f BT 10.079 0 0 10.079 462.69 557.85 Tm 0 g (\(3.2)Tj ET 0.934 g 478.77 568.17 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 557.85 Tm 0 g (\))Tj ET 0.934 g 495.33 568.17 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 557.85 Tm 0 g ( )Tj ET 0.934 g 504.69 568.17 9.12 -12.24 re f BT 10.079 0 0 10.079 511.4099 557.85 Tm 0 g ( )Tj ET 0.934 g 514.05 568.17 20.88 -12.24 re f BT 10.079 0 0 10.079 514.0499 557.85 Tm 0 g (\(12.7)Tj ET 0.934 g 535.17 568.17 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 557.85 Tm 0 g (\))Tj -46.3854 -1.2382 TD 0.6548 Tw [( Share )654.8(of )654.8(associated )654.8(companies)-15613.9( )-690.6( )]TJ 33.4318 0.0476 TD 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (2.0)Tj /F12 1 Tf 1.262 -0.0476 TD 2.0597 Tw [(\))-595.7( )1381(\(4.0)-12.5(\))-1310( )714.3( )1547.7(\(5.6)-12.5(\))]TJ ET 0.934 g 67.65 543.21 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 532.8901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 543.21 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 532.8901 Tm 0 g ( )Tj ET 0.934 g 85.89 543.21 289.68 -12.24 re f BT 10.079 0 0 10.079 85.89 532.8901 Tm 0 g (Investment in steel companies equity and debt)Tj ET 0.934 g 375.81 543.21 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 532.8901 Tm 0 g ( )Tj ET 0.934 g 385.17 543.21 9.12 -12.24 re f BT 10.079 0 0 10.079 391.89 532.8901 Tm 0 g ( )Tj ET 0.934 g 394.53 543.21 25.92 -12.24 re f BT 10.079 0 0 10.079 399.57 533.3701 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (27.4)Tj ET 0.934 g 420.69 543.21 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 532.8901 Tm 0 g (\))Tj ET 0.934 g 430.05 543.21 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 532.8901 Tm 0 g ( )Tj ET 0.934 g 439.41 543.21 16.32 -12.24 re f BT 10.079 0 0 10.079 439.41 532.8901 Tm 0 g ( )Tj ET 0.934 g 455.97 543.21 22.56 -12.24 re f BT 10.079 0 0 10.079 455.97 532.8901 Tm 0 g ( )Tj ET 0.934 g 478.77 543.21 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 532.8901 Tm 0 g ( )Tj ET 0.934 g 495.33 543.21 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 532.8901 Tm 0 g ( )Tj ET 0.934 g 504.69 543.21 9.12 -12.24 re f BT 10.079 0 0 10.079 504.69 532.8901 Tm 0 g ( )Tj ET 0.934 g 514.05 543.21 20.88 -12.24 re f BT 10.079 0 0 10.079 514.0499 532.8901 Tm 0 g ( )Tj ET 0.934 g 535.17 543.21 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 532.8901 Tm 0 g ( )Tj -46.3854 -1.2382 TD [( )-654.8( )-654.8(Investment in power-related joint venture)-12158.1( )-1345.4( )]TJ 33.4318 0.0476 TD (\()Tj /F13 1 Tf 0.3334 0 TD (6.0)Tj /F12 1 Tf 1.262 -0.0476 TD 0.6787 Tw [(\))-595.7( )-1381( \(3.0)-12.5(\))-1310( )-1166.7( )]TJ ET 0.934 g 67.65 518.25 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 507.9301 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 518.25 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 507.9301 Tm 0 g ( )Tj ET 0.934 g 85.89 518.25 289.68 -12.24 re f BT 10.079 0 0 10.079 85.89 507.9301 Tm 0 g (Proceeds from sale of assets)Tj ET 0.934 g 375.81 518.25 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 507.9301 Tm 0 g ( )Tj ET 0.934 g 385.17 518.25 9.12 -12.24 re f BT 10.079 0 0 10.079 385.17 507.9301 Tm 0 g ( )Tj ET 0.934 g 394.53 518.25 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 407.97 508.4101 Tm 0 g (8.2)Tj ET 0.934 g 420.69 518.25 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 507.9301 Tm 0 g ( )Tj ET 0.934 g 430.05 518.25 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 507.9301 Tm 0 g ( )Tj ET 0.934 g 439.41 518.25 16.32 -12.24 re f BT 10.079 0 0 10.079 439.41 507.9301 Tm 0 g ( )Tj ET 0.934 g 455.97 518.25 22.56 -12.24 re f BT 10.079 0 0 10.079 461.01 507.9301 Tm 0 g (11.0)Tj ET 0.934 g 478.77 518.25 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 507.9301 Tm 0 g ( )Tj ET 0.934 g 495.33 518.25 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 507.9301 Tm 0 g ( )Tj ET 0.934 g 504.69 518.25 9.12 -12.24 re f BT 10.079 0 0 10.079 504.69 507.9301 Tm 0 g ( )Tj ET 0.934 g 514.05 518.25 20.88 -12.24 re f BT 10.079 0 0 10.079 527.4899 507.9301 Tm 0 g (.9)Tj ET 0.934 g 535.17 518.25 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 507.9301 Tm 0 g ( )Tj -46.3854 -1.1191 TD 0.6787 Tw [( )23.9( )23.9(Other)-26487.8( )-1666.8( )-1381( )-500(\(.7)-12.4(\))-1310( )-666.7( )-333.3(\(.3)-12.4(\))]TJ T* 30.3243 Tc 0 Tw [( )29645.6( )]TJ ET 0.5 g 394.53 489.21 25.92 -0.48 re f BT 10.079 0 0 10.079 420.69 485.3701 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 455.97 489.21 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 485.3701 Tm 0 g 1.393 Tc [( )714.3( )]TJ ET 0.5 g 514.05 489.21 20.88 -0.48 re f BT 10.079 0 0 10.079 535.1699 485.3701 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 483.21 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 472.8901 Tm 0 g ( )Tj ET 0.934 g 76.77 483.21 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 472.8901 Tm 0 g ( )Tj ET 0.934 g 85.89 483.21 8.88 -12.24 re f BT 10.079 0 0 10.079 85.89 472.8901 Tm 0 g ( )Tj ET 0.934 g 95.01 483.21 280.56 -12.24 re f BT 10.079 0 0 10.079 95.01 472.8901 Tm 0 g (Net cash \(used by\) from investing activities)Tj ET 0.934 g 375.81 483.21 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 472.8901 Tm 0 g ( )Tj ET 0.934 g 385.17 483.21 9.12 -12.24 re f BT 10.079 0 0 10.079 391.89 472.8901 Tm 0 g ( )Tj ET 0.934 g 394.53 483.21 25.92 -12.24 re f BT 10.079 0 0 10.079 399.57 473.3701 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (35.8)Tj ET 0.934 g 420.69 483.21 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 472.8901 Tm 0 g (\))Tj ET 0.934 g 430.05 483.21 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 472.8901 Tm 0 g ( )Tj ET 0.934 g 439.41 483.21 16.32 -12.24 re f BT 10.079 0 0 10.079 439.41 472.8901 Tm 0 g ( )Tj ET 0.934 g 455.97 483.21 22.56 -12.24 re f BT 10.079 0 0 10.079 471.09 472.8901 Tm 0 g (.1)Tj ET 0.934 g 478.77 483.21 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 472.8901 Tm 0 g ( )Tj ET 0.934 g 495.33 483.21 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 472.8901 Tm 0 g ( )Tj ET 0.934 g 504.69 483.21 9.12 -12.24 re f BT 10.079 0 0 10.079 511.4099 472.8901 Tm 0 g ( )Tj ET 0.934 g 514.05 483.21 20.88 -12.24 re f BT 10.079 0 0 10.079 514.0499 472.8901 Tm 0 g (\(17.7)Tj ET 0.934 g 535.17 483.21 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 472.8901 Tm 0 g (\))Tj -46.3854 -1.1192 TD -0.0001 Tc 0.6788 Tw [( )23.9(FINANCING )678.7(ACTIVITIES)-18422.6( )-1666.8( )-714.3( )-1333.4( )-714.3( )-1166.7( )]TJ ET 0.934 g 67.65 459.45 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 449.1301 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 76.77 459.45 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 449.1301 Tm 0 g ( )Tj ET 0.934 g 85.89 459.45 289.68 -12.24 re f BT 10.079 0 0 10.079 85.89 449.1301 Tm 0 g (Borrowings \(repayments\) under revolving credit facility)Tj ET 0.934 g 375.81 459.45 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 449.1301 Tm 0 g ( )Tj ET 0.934 g 385.17 459.45 9.12 -12.24 re f BT 10.079 0 0 10.079 391.89 449.1301 Tm 0 g ( )Tj ET 0.934 g 394.53 459.45 25.92 -12.24 re f BT 10.079 0 0 10.079 394.53 449.6101 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (100.0)Tj ET 0.934 g 420.69 459.45 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 449.1301 Tm 0 g (\))Tj ET 0.934 g 430.05 459.45 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 449.1301 Tm 0 g ( )Tj ET 0.934 g 439.41 459.45 16.32 -12.24 re f BT 10.079 0 0 10.079 439.41 449.1301 Tm 0 g ( )Tj ET 0.934 g 455.97 459.45 22.56 -12.24 re f BT 10.079 0 0 10.079 455.97 449.1301 Tm 0 g (100.0)Tj ET 0.934 g 478.77 459.45 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 449.1301 Tm 0 g ( )Tj ET 0.934 g 495.33 459.45 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 449.1301 Tm 0 g ( )Tj ET 0.934 g 504.69 459.45 9.12 -12.24 re f BT 10.079 0 0 10.079 504.69 449.1301 Tm 0 g ( )Tj ET 0.934 g 514.05 459.45 20.88 -12.24 re f BT 10.079 0 0 10.079 514.0499 449.1301 Tm 0 g ( )Tj ET 0.934 g 535.17 459.45 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 449.1301 Tm 0 g ( )Tj -46.3854 -1.2382 TD [( )-654.8( )-654.8(Repayment of long-term debt)-16961.7( )-1345.4( )]TJ 32.9317 0.0476 TD (\()Tj /F13 1 Tf 0.3334 0 TD (15.0)Tj /F12 1 Tf 1.7621 -0.0476 TD 0.5957 Tc 0.083 Tw [(\) )-714.3( )-1333.4( )-714.3( )-1166.7( )]TJ ET 0.934 g 67.65 434.49 8.88 -11.04 re f BT 10.079 0 0 10.079 67.65 425.3701 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 76.77 434.49 8.88 -11.04 re f BT 10.079 0 0 10.079 76.77 425.3701 Tm 0 g ( )Tj ET 0.934 g 85.89 434.49 289.68 -11.04 re f BT 10.079 0 0 10.079 85.89 425.3701 Tm 0 g (Proceeds from LTVSMC transaction)Tj ET 0.934 g 375.81 434.49 9.12 -11.04 re f BT 10.079 0 0 10.079 375.81 425.3701 Tm 0 g ( )Tj ET 0.934 g 385.17 434.49 9.12 -11.04 re f BT 10.079 0 0 10.079 385.17 425.3701 Tm 0 g ( )Tj ET 0.934 g 394.53 434.49 25.92 -11.04 re f BT 10.079 0 0 10.079 394.53 425.3701 Tm 0 g ( )Tj ET 0.934 g 420.69 434.49 9.12 -11.04 re f BT 10.079 0 0 10.079 420.69 425.3701 Tm 0 g ( )Tj ET 0.934 g 430.05 434.49 9.12 -11.04 re f BT 10.079 0 0 10.079 430.05 425.3701 Tm 0 g ( )Tj ET 0.934 g 439.41 434.49 16.32 -11.04 re f BT 10.079 0 0 10.079 439.41 425.3701 Tm 0 g ( )Tj ET 0.934 g 455.97 434.49 22.56 -11.04 re f BT 10.079 0 0 10.079 461.01 425.3701 Tm 0 g (50.0)Tj ET 0.934 g 478.77 434.49 16.32 -11.04 re f BT 10.079 0 0 10.079 478.77 425.3701 Tm 0 g ( )Tj ET 0.934 g 495.33 434.49 9.12 -11.04 re f BT 10.079 0 0 10.079 495.33 425.3701 Tm 0 g ( )Tj ET 0.934 g 504.69 434.49 9.12 -11.04 re f BT 10.079 0 0 10.079 504.69 425.3701 Tm 0 g ( )Tj ET 0.934 g 514.05 434.49 20.88 -11.04 re f BT 10.079 0 0 10.079 514.0499 425.3701 Tm 0 g ( )Tj ET 0.934 g 535.17 434.49 9.12 -11.04 re f BT 10.079 0 0 10.079 535.1699 425.3701 Tm 0 g ( )Tj -46.3854 -1.1192 TD 0.6787 Tw [( )23.9( )23.9(Dividends)-24654( )-1666.8( )-1381( \(4.1)-12.5(\))-1310( )-666.7( )666.8(\(15.7)-12.6(\))]TJ ET 0.934 g 67.65 411.93 8.88 -11.04 re f BT 10.079 0 0 10.079 67.65 402.8101 Tm 0 g 0 Tw ( )Tj ET 0.934 g 76.77 411.93 8.88 -11.04 re f BT 10.079 0 0 10.079 76.77 402.8101 Tm 0 g ( )Tj ET 0.934 g 85.89 411.93 289.68 -11.04 re f BT 10.079 0 0 10.079 85.89 402.8101 Tm 0 g (Repurchases of Common Shares)Tj ET 0.934 g 375.81 411.93 9.12 -11.04 re f BT 10.079 0 0 10.079 375.81 402.8101 Tm 0 g ( )Tj ET 0.934 g 385.17 411.93 9.12 -11.04 re f BT 10.079 0 0 10.079 385.17 402.8101 Tm 0 g ( )Tj ET 0.934 g 394.53 411.93 25.92 -11.04 re f BT 10.079 0 0 10.079 394.53 402.8101 Tm 0 g ( )Tj ET 0.934 g 420.69 411.93 9.12 -11.04 re f BT 10.079 0 0 10.079 420.69 402.8101 Tm 0 g ( )Tj ET 0.934 g 430.05 411.93 9.12 -11.04 re f BT 10.079 0 0 10.079 430.05 402.8101 Tm 0 g ( )Tj ET 0.934 g 439.41 411.93 16.32 -11.04 re f BT 10.079 0 0 10.079 439.41 402.8101 Tm 0 g ( )Tj ET 0.934 g 455.97 411.93 22.56 -11.04 re f BT 10.079 0 0 10.079 455.97 402.8101 Tm 0 g ( )Tj ET 0.934 g 478.77 411.93 16.32 -11.04 re f BT 10.079 0 0 10.079 478.77 402.8101 Tm 0 g ( )Tj ET 0.934 g 495.33 411.93 9.12 -11.04 re f BT 10.079 0 0 10.079 495.33 402.8101 Tm 0 g ( )Tj ET 0.934 g 504.69 411.93 9.12 -11.04 re f BT 10.079 0 0 10.079 511.4099 402.8101 Tm 0 g ( )Tj ET 0.934 g 514.05 411.93 20.88 -11.04 re f BT 10.079 0 0 10.079 514.0499 402.8101 Tm 0 g (\(15.6)Tj ET 0.934 g 535.17 411.93 9.12 -11.04 re f BT 10.079 0 0 10.079 535.1699 402.8101 Tm 0 g (\))Tj -46.3854 -1.2382 TD [( )-654.8( )-654.8(Contributions by minority shareholder)-13405( )-678.7( )]TJ /F13 1 Tf 34.2652 0.0476 TD (.3)Tj /F12 1 Tf 0.762 -0.0476 TD 0.6787 Tc [( )-714.3( )-1333.4( )-714.3( )-1166.7( )]TJ -35.0271 -1.1192 TD 30.3243 Tc [( )29645.6( )]TJ ET 0.5 g 394.53 382.89 25.92 -0.48 re f BT 10.079 0 0 10.079 420.69 379.0501 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 455.97 382.89 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 379.0501 Tm 0 g 1.393 Tc [( )714.3( )]TJ ET 0.5 g 514.05 382.89 20.88 -0.48 re f BT 10.079 0 0 10.079 535.1699 379.0501 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 376.89 8.88 -12.24 re f BT 10.079 0 0 10.079 67.65 366.5701 Tm 0 g ( )Tj ET 0.934 g 76.77 376.89 8.88 -12.24 re f BT 10.079 0 0 10.079 76.77 366.5701 Tm 0 g ( )Tj ET 0.934 g 85.89 376.89 8.88 -12.24 re f BT 10.079 0 0 10.079 85.89 366.5701 Tm 0 g ( )Tj ET 0.934 g 95.01 376.89 280.56 -12.24 re f BT 10.079 0 0 10.079 95.01 366.5701 Tm 0 g (Net cash \(used by\) from financing activities)Tj ET 0.934 g 375.81 376.89 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 366.5701 Tm 0 g ( )Tj ET 0.934 g 385.17 376.89 9.12 -12.24 re f BT 10.079 0 0 10.079 391.89 366.5701 Tm 0 g ( )Tj ET 0.934 g 394.53 376.89 25.92 -12.24 re f BT 10.079 0 0 10.079 394.53 367.0501 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (114.7)Tj ET 0.934 g 420.69 376.89 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 366.5701 Tm 0 g (\))Tj ET 0.934 g 430.05 376.89 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 366.5701 Tm 0 g ( )Tj ET 0.934 g 439.41 376.89 16.32 -12.24 re f BT 10.079 0 0 10.079 439.41 366.5701 Tm 0 g ( )Tj ET 0.934 g 455.97 376.89 22.56 -12.24 re f BT 10.079 0 0 10.079 455.97 366.5701 Tm 0 g (145.9)Tj ET 0.934 g 478.77 376.89 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 366.5701 Tm 0 g ( )Tj ET 0.934 g 495.33 376.89 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 366.5701 Tm 0 g ( )Tj ET 0.934 g 504.69 376.89 9.12 -12.24 re f BT 10.079 0 0 10.079 511.4099 366.5701 Tm 0 g ( )Tj ET 0.934 g 514.05 376.89 20.88 -12.24 re f BT 10.079 0 0 10.079 514.0499 366.5701 Tm 0 g (\(31.3)Tj ET 0.934 g 535.17 376.89 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 366.5701 Tm 0 g (\))Tj -46.3854 -1.1192 TD 30.3243 Tc [( )29645.6( )]TJ ET 0.5 g 394.53 359.13 25.92 -0.48 re f BT 10.079 0 0 10.079 420.69 355.2901 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 455.97 359.13 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 355.2901 Tm 0 g 1.393 Tc [( )714.3( )]TJ ET 0.5 g 514.05 359.13 20.88 -0.48 re f BT 10.079 0 0 10.079 535.1699 355.2901 Tm 0 g 0 Tc ( )Tj -46.3854 -1.2382 TD -0.0001 Tc 0.0001 Tw [(CASH FROM \(USED BY\) CONTINUING OPERATION)-7217.5( )-1345.4( )]TJ 32.4317 0.0476 TD 0 Tc 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (109.6)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.393 Tw [(\))-595.7( )714.3( 174.9)-12.3( )47.6( )1381.1(\(17.4)-12.6(\))]TJ ET 0.934 g 67.65 340.65 307.92 -12.24 re f BT 10.079 0 0 10.079 67.65 330.3301 Tm 0 g -0.0001 Tc 0.0001 Tw (CASH USED BY DISCONTINUED OPERATION)Tj ET 0.934 g 375.81 340.65 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 330.3301 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 385.17 340.65 9.12 -12.24 re f BT 10.079 0 0 10.079 391.89 330.3301 Tm 0 g ( )Tj ET 0.934 g 394.53 340.65 25.92 -12.24 re f BT 10.079 0 0 10.079 399.57 330.8101 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (12.4)Tj ET 0.934 g 420.69 340.65 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 330.3301 Tm 0 g (\))Tj ET 0.934 g 430.05 340.65 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 330.3301 Tm 0 g ( )Tj ET 0.934 g 439.41 340.65 16.32 -12.24 re f BT 10.079 0 0 10.079 453.33 330.3301 Tm 0 g ( )Tj ET 0.934 g 455.97 340.65 22.56 -12.24 re f BT 10.079 0 0 10.079 457.65 330.3301 Tm 0 g (\(21.0)Tj ET 0.934 g 478.77 340.65 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 330.3301 Tm 0 g (\))Tj ET 0.934 g 495.33 340.65 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 330.3301 Tm 0 g ( )Tj ET 0.934 g 504.69 340.65 9.12 -12.24 re f BT 10.079 0 0 10.079 511.4099 330.3301 Tm 0 g ( )Tj ET 0.934 g 514.05 340.65 20.88 -12.24 re f BT 10.079 0 0 10.079 514.0499 330.3301 Tm 0 g (\(20.3)Tj ET 0.934 g 535.17 340.65 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 330.3301 Tm 0 g (\))Tj -46.3854 -1.1192 TD 30.3243 Tc [( )29645.6( )]TJ ET 0.5 g 394.53 322.89 25.92 -0.48 re f BT 10.079 0 0 10.079 420.69 319.0501 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 455.97 322.89 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 319.0501 Tm 0 g 1.393 Tc [( )714.3( )]TJ ET 0.5 g 514.05 322.89 20.88 -0.48 re f BT 10.079 0 0 10.079 535.1699 319.0501 Tm 0 g 0 Tc ( )Tj -46.3854 -1.2382 TD -0.0001 Tc 0.0001 Tw [(INCREASE \(DECREASE\) IN CASH AND CASH EQUIVALENTS)-2856.9( )-1345.4( )]TJ 32.4317 0.0476 TD 0 Tc 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (122.0)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.393 Tw [(\))-595.7( )714.3( 153.9)-12.3( )47.6( )1381.1(\(37.7)-12.6(\))]TJ ET 0.934 g 67.65 304.41 307.92 -12.24 re f BT 10.079 0 0 10.079 67.65 294.0901 Tm 0 g -0.0001 Tc 0.0001 Tw (CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR)Tj ET 0.934 g 375.81 304.41 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 294.0901 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 385.17 304.41 9.12 -12.24 re f BT 10.079 0 0 10.079 385.17 294.0901 Tm 0 g ( )Tj ET 0.934 g 394.53 304.41 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 397.89 294.5701 Tm 0 g (183.8)Tj ET 0.934 g 420.69 304.41 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 294.0901 Tm 0 g ( )Tj ET 0.934 g 430.05 304.41 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 294.0901 Tm 0 g ( )Tj ET 0.934 g 439.41 304.41 16.32 -12.24 re f BT 10.079 0 0 10.079 439.41 294.0901 Tm 0 g ( )Tj ET 0.934 g 455.97 304.41 22.56 -12.24 re f BT 10.079 0 0 10.079 461.01 294.0901 Tm 0 g (29.9)Tj ET 0.934 g 478.77 304.41 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 294.0901 Tm 0 g ( )Tj ET 0.934 g 495.33 304.41 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 294.0901 Tm 0 g ( )Tj ET 0.934 g 504.69 304.41 9.12 -12.24 re f BT 10.079 0 0 10.079 504.69 294.0901 Tm 0 g ( )Tj ET 0.934 g 514.05 304.41 20.88 -12.24 re f BT 10.079 0 0 10.079 517.4099 294.0901 Tm 0 g (67.6)Tj ET 0.934 g 535.17 304.41 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 294.0901 Tm 0 g ( )Tj -46.3854 -1.1192 TD 30.3243 Tc [( )29645.6( )]TJ ET 0.5 g 394.53 286.65 25.92 -0.48 re f BT 10.079 0 0 10.079 420.69 282.8101 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 455.97 286.65 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 282.8101 Tm 0 g 1.393 Tc [( )714.3( )]TJ ET 0.5 g 514.05 286.65 20.88 -0.48 re f BT 10.079 0 0 10.079 535.1699 282.8101 Tm 0 g 0 Tc ( )Tj -46.3854 -1.2382 TD -0.0001 Tc 0.0001 Tw [(CASH AND CASH EQUIVALENTS AT END OF YEAR)-6995.5( )]TJ /F13 1 Tf 31.9316 0.0476 TD 0 Tc 0 Tw [($)-833.5(61.8)]TJ /F12 1 Tf 3.0955 -0.0476 TD 0.6787 Tw [( )-1142.9($183.8)-12.3( )-714.3( )-428.6($)-333.4(29.9)-12.2( )]TJ -35.0271 -1.1192 TD 30.3243 Tc 0 Tw [( )29645.6( )]TJ ET 0.5 g 394.53 264.09 25.92 -2.88 re f BT 10.079 0 0 10.079 420.69 259.0501 Tm 0 g 0.6787 Tc ( )Tj ET 0.5 g 455.97 264.09 22.56 -2.88 re f BT 10.079 0 0 10.079 478.77 259.0501 Tm 0 g 1.393 Tc [( )714.3( )]TJ ET 0.5 g 514.05 264.09 20.88 -2.88 re f BT 10.079 0 0 10.079 535.1699 259.0501 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 256.89 307.92 -12.24 re f BT 10.079 0 0 10.079 67.65 246.5701 Tm 0 g (Taxes paid on income)Tj ET 0.934 g 375.81 256.89 9.12 -12.24 re f BT 10.079 0 0 10.079 375.81 246.5701 Tm 0 g ( )Tj ET 0.934 g 385.17 256.89 9.12 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 389.49 247.0501 Tm 0 g ($)Tj ET 0.934 g 394.53 256.89 25.92 -12.24 re f BT 10.079 0 0 10.079 413.01 247.0501 Tm 0 g (.5)Tj ET 0.934 g 420.69 256.89 9.12 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 420.69 246.5701 Tm 0 g ( )Tj ET 0.934 g 430.05 256.89 9.12 -12.24 re f BT 10.079 0 0 10.079 430.05 246.5701 Tm 0 g ( )Tj ET 0.934 g 439.41 256.89 16.32 -12.24 re f BT 10.079 0 0 10.079 450.93 246.5701 Tm 0 g ($)Tj ET 0.934 g 455.97 256.89 22.56 -12.24 re f BT 10.079 0 0 10.079 466.05 246.5701 Tm 0 g (6.2)Tj ET 0.934 g 478.77 256.89 16.32 -12.24 re f BT 10.079 0 0 10.079 478.77 246.5701 Tm 0 g ( )Tj ET 0.934 g 495.33 256.89 9.12 -12.24 re f BT 10.079 0 0 10.079 495.33 246.5701 Tm 0 g ( )Tj ET 0.934 g 504.69 256.89 9.12 -12.24 re f BT 10.079 0 0 10.079 509.0099 246.5701 Tm 0 g ($)Tj ET 0.934 g 514.05 256.89 20.88 -12.24 re f BT 10.079 0 0 10.079 522.45 246.5701 Tm 0 g (1.0)Tj ET 0.934 g 535.17 256.89 9.12 -12.24 re f BT 10.079 0 0 10.079 535.1699 246.5701 Tm 0 g ( )Tj -46.3854 -1.2382 TD [(Interest paid on debt obligations)-17687.5( )]TJ /F13 1 Tf 31.9316 0.0476 TD [($)-1333.5(6.7)]TJ /F12 1 Tf 3.0955 -0.0476 TD 0.6787 Tw [( )-1142.9($)-1000.1(9.0)-12.1( )-714.3( )-428.6($)-833.5(4.9)-12.1( )]TJ -39.1942 -2.5241 TD 0 Tw (See notes to consolidated financial statements. )Tj 27.3359 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454.77 812.73 7.68 -11.04 re f BT 10.079 0 0 10.079 454.77 803.61 Tm 0 g (\))Tj ET 0.934 g 462.69 812.73 7.68 -11.04 re f BT 10.079 0 0 10.079 462.69 803.61 Tm 0 g ( )Tj ET 0.934 g 470.61 812.73 7.2 -11.04 re f BT 10.079 0 0 10.079 470.61 803.61 Tm 0 g ( )Tj ET 0.934 g 478.05 812.73 15.84 -11.04 re f BT 10.079 0 0 10.079 478.05 803.61 Tm 0 g ( )Tj ET 0.934 g 494.13 812.73 14.4 -11.04 re f BT 10.079 0 0 10.079 494.13 803.61 Tm 0 g ( )Tj ET 0.934 g 508.77 812.73 7.68 -11.04 re f BT 10.079 0 0 10.079 508.77 803.61 Tm 0 g ( )Tj ET 0.934 g 516.69 812.73 7.68 -11.04 re f BT 10.079 0 0 10.079 521.97 803.61 Tm 0 g ( )Tj ET 0.934 g 524.61 812.73 25.92 -11.04 re f BT 10.079 0 0 10.079 534.6899 803.61 Tm 0 g (\(1.2)Tj ET 0.934 g 550.77 812.73 7.68 -11.04 re f BT 10.079 0 0 10.079 550.77 803.61 Tm 0 g (\))Tj -49.3142 -2.2383 TD 0.512 Tc ( )Tj 2.2859 1.1192 TD 0 Tc (Reclassification adjustment-loss )Tj 0.7382 -1.1192 TD 0.5358 Tw [(included )535.8(in )535.8(net )535.8(income)-4673.6( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )23.8( )-1809.7( )-1809.7( )-1333.5(6.4)-12.1( )47.6( )-809.6( )-666.7( )-1333.4(6.4)-12.1( )]TJ -3.0241 -1.1192 TD 0.5358 Tc 0 Tw [( )-16049.1( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )23.8( )-1809.7( )-1809.7( )-1809.7( )47.6( )-809.6( )-666.7( )]TJ ET 0.5 g 524.61 773.61 25.92 -0.48 re f BT 10.079 0 0 10.079 550.77 769.77 Tm 0 g 0 Tc ( )Tj ET 0.934 g 53.73 767.61 7.44 -11.04 re f BT 10.079 0 0 10.079 53.73 758.4901 Tm 0 g ( )Tj ET 0.934 g 61.41 767.61 7.44 -11.04 re f BT 10.079 0 0 10.079 61.41 758.4901 Tm 0 g ( )Tj ET 0.934 g 69.09 767.61 7.44 -11.04 re f BT 10.079 0 0 10.079 69.09 758.4901 Tm 0 g ( )Tj ET 0.934 g 76.77 767.61 7.44 -11.04 re f BT 10.079 0 0 10.079 76.77 758.4901 Tm 0 g ( )Tj ET 0.934 g 84.45 767.61 138.72 -11.04 re f BT 10.079 0 0 10.079 84.45 758.4901 Tm 0 g (Total comprehensive income)Tj ET 0.934 g 223.41 767.61 7.44 -11.04 re f BT 10.079 0 0 10.079 223.41 758.4901 Tm 0 g ( )Tj ET 0.934 g 231.09 767.61 9.12 -11.04 re f BT 10.079 0 0 10.079 231.09 758.4901 Tm 0 g ( )Tj ET 0.934 g 240.45 767.61 17.52 -11.04 re f BT 10.079 0 0 10.079 240.45 758.4901 Tm 0 g ( )Tj ET 0.934 g 258.21 767.61 9.12 -11.04 re f BT 10.079 0 0 10.079 258.21 758.4901 Tm 0 g ( )Tj ET 0.934 g 267.57 767.61 7.44 -11.04 re f BT 10.079 0 0 10.079 267.57 758.4901 Tm 0 g ( )Tj ET 0.934 g 275.25 767.61 9.84 -11.04 re f BT 10.079 0 0 10.079 275.25 758.4901 Tm 0 g ( )Tj ET 0.934 g 285.33 767.61 17.52 -11.04 re f BT 10.079 0 0 10.079 285.33 758.4901 Tm 0 g ( )Tj ET 0.934 g 303.09 767.61 9.84 -11.04 re f BT 10.079 0 0 10.079 303.09 758.4901 Tm 0 g ( )Tj ET 0.934 g 313.17 767.61 7.44 -11.04 re f BT 10.079 0 0 10.079 313.17 758.4901 Tm 0 g ( )Tj ET 0.934 g 320.85 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 320.85 758.4901 Tm 0 g ( )Tj ET 0.934 g 328.77 767.61 25.92 -11.04 re f BT 10.079 0 0 10.079 328.77 758.4901 Tm 0 g ( )Tj ET 0.934 g 354.93 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 354.93 758.4901 Tm 0 g ( )Tj ET 0.934 g 362.85 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 362.85 758.4901 Tm 0 g ( )Tj ET 0.934 g 370.77 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 370.77 758.4901 Tm 0 g ( )Tj ET 0.934 g 378.69 767.61 25.92 -11.04 re f BT 10.079 0 0 10.079 378.69 758.4901 Tm 0 g ( )Tj ET 0.934 g 404.85 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 404.85 758.4901 Tm 0 g ( )Tj ET 0.934 g 412.77 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 412.77 758.4901 Tm 0 g ( )Tj ET 0.934 g 420.69 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 420.69 758.4901 Tm 0 g ( )Tj ET 0.934 g 428.61 767.61 25.92 -11.04 re f BT 10.079 0 0 10.079 428.61 758.4901 Tm 0 g ( )Tj ET 0.934 g 454.77 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 454.77 758.4901 Tm 0 g ( )Tj ET 0.934 g 462.69 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 462.69 758.4901 Tm 0 g ( )Tj ET 0.934 g 470.61 767.61 7.2 -11.04 re f BT 10.079 0 0 10.079 470.61 758.4901 Tm 0 g ( )Tj ET 0.934 g 478.05 767.61 15.84 -11.04 re f BT 10.079 0 0 10.079 478.05 758.4901 Tm 0 g ( )Tj ET 0.934 g 494.13 767.61 14.4 -11.04 re f BT 10.079 0 0 10.079 494.13 758.4901 Tm 0 g ( )Tj ET 0.934 g 508.77 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 508.77 758.4901 Tm 0 g ( )Tj ET 0.934 g 516.69 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 516.6899 758.4901 Tm 0 g ( )Tj ET 0.934 g 524.61 767.61 25.92 -11.04 re f BT 10.079 0 0 10.079 533.0099 758.4901 Tm 0 g (23.3)Tj ET 0.934 g 550.77 767.61 7.68 -11.04 re f BT 10.079 0 0 10.079 550.77 758.4901 Tm 0 g ( )Tj -49.3142 -1.1192 TD 0.512 Tw [( Cash )512(dividends )]TJ /F2 1 Tf 7.1504 0 TD 0 Tw ()Tj /F12 1 Tf 0.9999 0 TD 0.5358 Tw [( )535.8($1.50 )535.8(a )535.8(share)-3131.1( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )-500( )23.8(\(15.7)-12.6(\))-452.8( )-1809.7( )-1809.7( )47.6( )-809.6( )-666.7( )-523.9( )23.8(\(15.7)-12.6(\))]TJ ET 0.934 g 53.73 745.05 7.44 -11.04 re f BT 10.079 0 0 10.079 53.73 735.9301 Tm 0 g 0 Tw ( )Tj ET 0.934 g 61.41 745.05 161.76 -11.04 re f BT 10.079 0 0 10.079 61.41 735.9301 Tm 0 g (Stock and other incentive plans)Tj ET 0.934 g 223.41 745.05 7.44 -11.04 re f BT 10.079 0 0 10.079 223.41 735.9301 Tm 0 g ( )Tj ET 0.934 g 231.09 745.05 9.12 -11.04 re f BT 10.079 0 0 10.079 231.09 735.9301 Tm 0 g ( )Tj ET 0.934 g 240.45 745.05 17.52 -11.04 re f BT 10.079 0 0 10.079 240.45 735.9301 Tm 0 g ( )Tj ET 0.934 g 258.21 745.05 9.12 -11.04 re f BT 10.079 0 0 10.079 258.21 735.9301 Tm 0 g ( )Tj ET 0.934 g 267.57 745.05 7.44 -11.04 re f BT 10.079 0 0 10.079 267.57 735.9301 Tm 0 g ( )Tj ET 0.934 g 275.25 745.05 9.84 -11.04 re f BT 10.079 0 0 10.079 275.25 735.9301 Tm 0 g ( )Tj ET 0.934 g 285.33 745.05 17.52 -11.04 re f BT 10.079 0 0 10.079 295.41 735.9301 Tm 0 g (.1)Tj ET 0.934 g 303.09 745.05 9.84 -11.04 re f BT 10.079 0 0 10.079 303.09 735.9301 Tm 0 g ( )Tj ET 0.934 g 313.17 745.05 7.44 -11.04 re f BT 10.079 0 0 10.079 313.17 735.9301 Tm 0 g ( )Tj ET 0.934 g 320.85 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 320.85 735.9301 Tm 0 g ( )Tj ET 0.934 g 328.77 745.05 25.92 -11.04 re f BT 10.079 0 0 10.079 328.77 735.9301 Tm 0 g ( )Tj ET 0.934 g 354.93 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 354.93 735.9301 Tm 0 g ( )Tj ET 0.934 g 362.85 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 362.85 735.9301 Tm 0 g ( )Tj ET 0.934 g 370.77 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 370.77 735.9301 Tm 0 g ( )Tj ET 0.934 g 378.69 745.05 25.92 -11.04 re f BT 10.079 0 0 10.079 392.13 735.9301 Tm 0 g (3.1)Tj ET 0.934 g 404.85 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 404.85 735.9301 Tm 0 g ( )Tj ET 0.934 g 412.77 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 412.77 735.9301 Tm 0 g ( )Tj ET 0.934 g 420.69 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 420.69 735.9301 Tm 0 g ( )Tj ET 0.934 g 428.61 745.05 25.92 -11.04 re f BT 10.079 0 0 10.079 428.61 735.9301 Tm 0 g ( )Tj ET 0.934 g 454.77 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 454.77 735.9301 Tm 0 g ( )Tj ET 0.934 g 462.69 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 462.69 735.9301 Tm 0 g ( )Tj ET 0.934 g 470.61 745.05 7.2 -11.04 re f BT 10.079 0 0 10.079 475.41 735.9301 Tm 0 g ( )Tj ET 0.934 g 478.05 745.05 15.84 -11.04 re f BT 10.079 0 0 10.079 483.09 735.9301 Tm 0 g (\(.8)Tj ET 0.934 g 494.13 745.05 14.4 -11.04 re f BT 10.079 0 0 10.079 494.13 735.9301 Tm 0 g (\))Tj ET 0.934 g 508.77 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 508.77 735.9301 Tm 0 g ( )Tj ET 0.934 g 516.69 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 516.6899 735.9301 Tm 0 g ( )Tj ET 0.934 g 524.61 745.05 25.92 -11.04 re f BT 10.079 0 0 10.079 538.0499 735.9301 Tm 0 g (2.4)Tj ET 0.934 g 550.77 745.05 7.68 -11.04 re f BT 10.079 0 0 10.079 550.77 735.9301 Tm 0 g ( )Tj -49.3142 -1.1191 TD 0.5358 Tw [( )23.8(Repurchases )535.8(of )535.8(Common )535.8(Shares)-3048.1( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )23.8( )-1809.7( )-523.8( )23.8(\(15.6)-12.6(\))-452.8( )-1809.7( )47.6( )-809.6( )-666.7( )-523.9( )23.8(\(15.6)-12.6(\))]TJ ET 0.934 g 53.73 722.49 7.44 -11.04 re f BT 10.079 0 0 10.079 53.73 713.3701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 61.41 722.49 161.76 -11.04 re f BT 10.079 0 0 10.079 61.41 713.3701 Tm 0 g (Other)Tj ET 0.934 g 223.41 722.49 7.44 -11.04 re f BT 10.079 0 0 10.079 223.41 713.3701 Tm 0 g ( )Tj ET 0.934 g 231.09 722.49 9.12 -11.04 re f BT 10.079 0 0 10.079 231.09 713.3701 Tm 0 g ( )Tj ET 0.934 g 240.45 722.49 17.52 -11.04 re f BT 10.079 0 0 10.079 240.45 713.3701 Tm 0 g ( )Tj ET 0.934 g 258.21 722.49 9.12 -11.04 re f BT 10.079 0 0 10.079 258.21 713.3701 Tm 0 g ( )Tj ET 0.934 g 267.57 722.49 7.44 -11.04 re f BT 10.079 0 0 10.079 267.57 713.3701 Tm 0 g ( )Tj ET 0.934 g 275.25 722.49 9.84 -11.04 re f BT 10.079 0 0 10.079 275.25 713.3701 Tm 0 g ( )Tj ET 0.934 g 285.33 722.49 17.52 -11.04 re f BT 10.079 0 0 10.079 295.41 713.3701 Tm 0 g (.1)Tj ET 0.934 g 303.09 722.49 9.84 -11.04 re f BT 10.079 0 0 10.079 303.09 713.3701 Tm 0 g ( )Tj ET 0.934 g 313.17 722.49 7.44 -11.04 re f BT 10.079 0 0 10.079 313.17 713.3701 Tm 0 g ( )Tj ET 0.934 g 320.85 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 320.85 713.3701 Tm 0 g ( )Tj ET 0.934 g 328.77 722.49 25.92 -11.04 re f BT 10.079 0 0 10.079 328.77 713.3701 Tm 0 g ( )Tj ET 0.934 g 354.93 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 354.93 713.3701 Tm 0 g ( )Tj ET 0.934 g 362.85 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 362.85 713.3701 Tm 0 g ( )Tj ET 0.934 g 370.77 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 370.77 713.3701 Tm 0 g ( )Tj ET 0.934 g 378.69 722.49 25.92 -11.04 re f BT 10.079 0 0 10.079 397.17 713.3701 Tm 0 g (.2)Tj ET 0.934 g 404.85 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 404.85 713.3701 Tm 0 g ( )Tj ET 0.934 g 412.77 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 412.77 713.3701 Tm 0 g ( )Tj ET 0.934 g 420.69 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 420.69 713.3701 Tm 0 g ( )Tj ET 0.934 g 428.61 722.49 25.92 -11.04 re f BT 10.079 0 0 10.079 428.61 713.3701 Tm 0 g ( )Tj ET 0.934 g 454.77 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 454.77 713.3701 Tm 0 g ( )Tj ET 0.934 g 462.69 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 462.69 713.3701 Tm 0 g ( )Tj ET 0.934 g 470.61 722.49 7.2 -11.04 re f BT 10.079 0 0 10.079 470.61 713.3701 Tm 0 g ( )Tj ET 0.934 g 478.05 722.49 15.84 -11.04 re f BT 10.079 0 0 10.079 478.05 713.3701 Tm 0 g ( )Tj ET 0.934 g 494.13 722.49 14.4 -11.04 re f BT 10.079 0 0 10.079 494.13 713.3701 Tm 0 g ( )Tj ET 0.934 g 508.77 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 508.77 713.3701 Tm 0 g ( )Tj ET 0.934 g 516.69 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 516.6899 713.3701 Tm 0 g ( )Tj ET 0.934 g 524.61 722.49 25.92 -11.04 re f BT 10.079 0 0 10.079 543.09 713.3701 Tm 0 g (.3)Tj ET 0.934 g 550.77 722.49 7.68 -11.04 re f BT 10.079 0 0 10.079 550.77 713.3701 Tm 0 g ( )Tj -49.3142 -1.1192 TD 16.5849 Tc [( )16072.9( )]TJ ET 0.5 g 240.45 705.93 17.52 -0.48 re f BT 10.079 0 0 10.079 258.21 702.0901 Tm 0 g 0.6787 Tc [( )166.7( )]TJ ET 0.5 g 285.33 705.93 17.52 -0.48 re f BT 10.079 0 0 10.079 303.09 702.0901 Tm 0 g 0.7501 Tc [( )238.1( )]TJ ET 0.5 g 328.77 705.93 25.92 -0.48 re f BT 10.079 0 0 10.079 354.93 702.0901 Tm 0 g 0.5358 Tc ( )Tj ET 0.5 g 378.69 705.93 25.92 -0.48 re f BT 10.079 0 0 10.079 404.85 702.0901 Tm 0 g ( )Tj ET 0.5 g 428.61 705.93 25.92 -0.48 re f BT 10.079 0 0 10.079 454.77 702.0901 Tm 0 g ( )Tj ET 0.5 g 478.05 705.93 15.84 -0.48 re f BT 10.079 0 0 10.079 494.13 702.0901 Tm 0 g 1.2025 Tc [( )666.7( )]TJ ET 0.5 g 524.61 705.93 25.92 -0.48 re f BT 10.079 0 0 10.079 550.77 702.0901 Tm 0 g 0 Tc ( )Tj -49.3142 -1.1192 TD 0.5358 Tw [(December )535.8(31, )535.8(2000)-8976.6( )23.8( )-142.9(16.8)-12.2( )-142.9( )23.8( )-214.3(67.3)-12.2( )-214.3( )23.8( )-333.4(503.7)-12.3( )-523.8( )523.9(\(183.8)-12.7(\))-452.8( )-1809.7( )-476.2( )523.9(\(2.0)-12.5(\))-1119.5( )-333.4(402.0)-12.3( )]TJ ET 0.934 g 53.73 688.65 7.44 -11.04 re f BT 10.079 0 0 10.079 53.73 679.53 Tm 0 g 0 Tw ( )Tj ET 0.934 g 61.41 688.65 161.76 -11.04 re f BT 10.079 0 0 10.079 61.41 679.53 Tm 0 g (Comprehensive loss)Tj ET 0.934 g 223.41 688.65 7.44 -11.04 re f BT 10.079 0 0 10.079 223.41 679.53 Tm 0 g ( )Tj ET 0.934 g 231.09 688.65 9.12 -11.04 re f BT 10.079 0 0 10.079 231.09 679.53 Tm 0 g ( )Tj ET 0.934 g 240.45 688.65 17.52 -11.04 re f BT 10.079 0 0 10.079 240.45 679.53 Tm 0 g ( )Tj ET 0.934 g 258.21 688.65 9.12 -11.04 re f BT 10.079 0 0 10.079 258.21 679.53 Tm 0 g ( )Tj ET 0.934 g 267.57 688.65 7.44 -11.04 re f BT 10.079 0 0 10.079 267.57 679.53 Tm 0 g ( )Tj ET 0.934 g 275.25 688.65 9.84 -11.04 re f BT 10.079 0 0 10.079 275.25 679.53 Tm 0 g ( )Tj ET 0.934 g 285.33 688.65 17.52 -11.04 re f BT 10.079 0 0 10.079 285.33 679.53 Tm 0 g ( )Tj ET 0.934 g 303.09 688.65 9.84 -11.04 re f BT 10.079 0 0 10.079 303.09 679.53 Tm 0 g ( )Tj ET 0.934 g 313.17 688.65 7.44 -11.04 re f BT 10.079 0 0 10.079 313.17 679.53 Tm 0 g ( )Tj ET 0.934 g 320.85 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 320.85 679.53 Tm 0 g ( )Tj ET 0.934 g 328.77 688.65 25.92 -11.04 re f BT 10.079 0 0 10.079 328.77 679.53 Tm 0 g ( )Tj ET 0.934 g 354.93 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 354.93 679.53 Tm 0 g ( )Tj ET 0.934 g 362.85 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 362.85 679.53 Tm 0 g ( )Tj ET 0.934 g 370.77 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 370.77 679.53 Tm 0 g ( )Tj ET 0.934 g 378.69 688.65 25.92 -11.04 re f BT 10.079 0 0 10.079 378.69 679.53 Tm 0 g ( )Tj ET 0.934 g 404.85 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 404.85 679.53 Tm 0 g ( )Tj ET 0.934 g 412.77 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 412.77 679.53 Tm 0 g ( )Tj ET 0.934 g 420.69 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 420.69 679.53 Tm 0 g ( )Tj ET 0.934 g 428.61 688.65 25.92 -11.04 re f BT 10.079 0 0 10.079 428.61 679.53 Tm 0 g ( )Tj ET 0.934 g 454.77 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 454.77 679.53 Tm 0 g ( )Tj ET 0.934 g 462.69 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 462.69 679.53 Tm 0 g ( )Tj ET 0.934 g 470.61 688.65 7.2 -11.04 re f BT 10.079 0 0 10.079 470.61 679.53 Tm 0 g ( )Tj ET 0.934 g 478.05 688.65 15.84 -11.04 re f BT 10.079 0 0 10.079 478.05 679.53 Tm 0 g ( )Tj ET 0.934 g 494.13 688.65 14.4 -11.04 re f BT 10.079 0 0 10.079 494.13 679.53 Tm 0 g ( )Tj ET 0.934 g 508.77 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 508.77 679.53 Tm 0 g ( )Tj ET 0.934 g 516.69 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 516.6899 679.53 Tm 0 g ( )Tj ET 0.934 g 524.61 688.65 25.92 -11.04 re f BT 10.079 0 0 10.079 524.61 679.53 Tm 0 g ( )Tj ET 0.934 g 550.77 688.65 7.68 -11.04 re f BT 10.079 0 0 10.079 550.77 679.53 Tm 0 g ( )Tj -49.3142 -1.1192 TD 0.5358 Tw [( )23.8( )23.8(Net )535.8(loss)-12061.2( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )-500( )23.8(\(22.9)-12.6(\))-452.8( )-1809.7( )-1809.7( )47.6( )-809.6( )-666.7( )-523.9( )23.8(\(22.9)-12.6(\))]TJ ET 0.934 g 53.73 666.09 7.44 -11.04 re f BT 10.079 0 0 10.079 53.73 656.9701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 61.41 666.09 7.44 -11.04 re f BT 10.079 0 0 10.079 61.41 656.9701 Tm 0 g ( )Tj ET 0.934 g 69.09 666.09 154.08 -11.04 re f BT 10.079 0 0 10.079 69.09 656.9701 Tm 0 g (Other comprehensive loss )Tj ET 0.934 g 223.41 666.09 7.44 -11.04 re f BT 10.079 0 0 10.079 223.41 656.9701 Tm 0 g ( )Tj ET 0.934 g 231.09 666.09 9.12 -11.04 re f BT 10.079 0 0 10.079 231.09 656.9701 Tm 0 g ( )Tj ET 0.934 g 240.45 666.09 17.52 -11.04 re f BT 10.079 0 0 10.079 240.45 656.9701 Tm 0 g ( )Tj ET 0.934 g 258.21 666.09 9.12 -11.04 re f BT 10.079 0 0 10.079 258.21 656.9701 Tm 0 g ( )Tj ET 0.934 g 267.57 666.09 7.44 -11.04 re f BT 10.079 0 0 10.079 267.57 656.9701 Tm 0 g ( )Tj ET 0.934 g 275.25 666.09 9.84 -11.04 re f BT 10.079 0 0 10.079 275.25 656.9701 Tm 0 g ( )Tj ET 0.934 g 285.33 666.09 17.52 -11.04 re f BT 10.079 0 0 10.079 285.33 656.9701 Tm 0 g ( )Tj ET 0.934 g 303.09 666.09 9.84 -11.04 re f BT 10.079 0 0 10.079 303.09 656.9701 Tm 0 g ( )Tj ET 0.934 g 313.17 666.09 7.44 -11.04 re f BT 10.079 0 0 10.079 313.17 656.9701 Tm 0 g ( )Tj ET 0.934 g 320.85 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 320.85 656.9701 Tm 0 g ( )Tj ET 0.934 g 328.77 666.09 25.92 -11.04 re f BT 10.079 0 0 10.079 328.77 656.9701 Tm 0 g ( )Tj ET 0.934 g 354.93 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 354.93 656.9701 Tm 0 g ( )Tj ET 0.934 g 362.85 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 362.85 656.9701 Tm 0 g ( )Tj ET 0.934 g 370.77 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 370.77 656.9701 Tm 0 g ( )Tj ET 0.934 g 378.69 666.09 25.92 -11.04 re f BT 10.079 0 0 10.079 378.69 656.9701 Tm 0 g ( )Tj ET 0.934 g 404.85 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 404.85 656.9701 Tm 0 g ( )Tj ET 0.934 g 412.77 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 412.77 656.9701 Tm 0 g ( )Tj ET 0.934 g 420.69 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 425.97 656.9701 Tm 0 g ( )Tj ET 0.934 g 428.61 666.09 25.92 -11.04 re f 454.77 666.09 7.68 -11.04 re f 462.69 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 462.69 656.9701 Tm 0 g ( )Tj ET 0.934 g 470.61 666.09 7.2 -11.04 re f BT 10.079 0 0 10.079 470.61 656.9701 Tm 0 g ( )Tj ET 0.934 g 478.05 666.09 15.84 -11.04 re f BT 10.079 0 0 10.079 478.05 656.9701 Tm 0 g ( )Tj ET 0.934 g 494.13 666.09 14.4 -11.04 re f BT 10.079 0 0 10.079 494.13 656.9701 Tm 0 g ( )Tj ET 0.934 g 508.77 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 508.77 656.9701 Tm 0 g ( )Tj ET 0.934 g 516.69 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 521.97 656.9701 Tm 0 g ( )Tj ET 0.934 g 524.61 666.09 25.92 -11.04 re f 550.77 666.09 7.68 -11.04 re f BT 10.079 0 0 10.079 53.73 645.6901 Tm 0 g 0.5358 Tw [( )23.8( )23.8( )535.8( )535.8( )535.8(Minimum )535.8(pension )535.8(liability)-3838( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )23.8( )-1809.7( )-1809.7( )-523.9( )-476.2(\(1.0)-12.5(\))-452.8( )47.6( )-809.6( )-666.7( )-523.9( )-476.2(\(1.0)-12.5(\))]TJ T* 0.5358 Tc 0 Tw [( )-16049.1( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )23.8( )-1809.7( )-1809.7( )-1809.7( )47.6( )-809.6( )-666.7( )]TJ ET 0.5 g 524.61 638.25 25.92 -0.48 re f BT 10.079 0 0 10.079 550.77 634.41 Tm 0 g 0 Tc ( )Tj ET 0.934 g 53.73 632.25 7.44 -11.04 re f BT 10.079 0 0 10.079 53.73 623.1301 Tm 0 g ( )Tj ET 0.934 g 61.41 632.25 7.44 -11.04 re f BT 10.079 0 0 10.079 61.41 623.1301 Tm 0 g ( )Tj ET 0.934 g 69.09 632.25 7.44 -11.04 re f BT 10.079 0 0 10.079 69.09 623.1301 Tm 0 g ( )Tj ET 0.934 g 76.77 632.25 7.44 -11.04 re f BT 10.079 0 0 10.079 76.77 623.1301 Tm 0 g ( )Tj ET 0.934 g 84.45 632.25 138.72 -11.04 re f BT 10.079 0 0 10.079 84.45 623.1301 Tm 0 g (Total comprehensive loss)Tj ET 0.934 g 223.41 632.25 7.44 -11.04 re f BT 10.079 0 0 10.079 223.41 623.1301 Tm 0 g ( )Tj ET 0.934 g 231.09 632.25 9.12 -11.04 re f BT 10.079 0 0 10.079 231.09 623.1301 Tm 0 g ( )Tj ET 0.934 g 240.45 632.25 17.52 -11.04 re f BT 10.079 0 0 10.079 240.45 623.1301 Tm 0 g ( )Tj ET 0.934 g 258.21 632.25 9.12 -11.04 re f BT 10.079 0 0 10.079 258.21 623.1301 Tm 0 g ( )Tj ET 0.934 g 267.57 632.25 7.44 -11.04 re f BT 10.079 0 0 10.079 267.57 623.1301 Tm 0 g ( )Tj ET 0.934 g 275.25 632.25 9.84 -11.04 re f BT 10.079 0 0 10.079 275.25 623.1301 Tm 0 g ( )Tj ET 0.934 g 285.33 632.25 17.52 -11.04 re f BT 10.079 0 0 10.079 285.33 623.1301 Tm 0 g ( )Tj ET 0.934 g 303.09 632.25 9.84 -11.04 re f BT 10.079 0 0 10.079 303.09 623.1301 Tm 0 g ( )Tj ET 0.934 g 313.17 632.25 7.44 -11.04 re f BT 10.079 0 0 10.079 313.17 623.1301 Tm 0 g ( )Tj ET 0.934 g 320.85 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 320.85 623.1301 Tm 0 g ( )Tj ET 0.934 g 328.77 632.25 25.92 -11.04 re f BT 10.079 0 0 10.079 328.77 623.1301 Tm 0 g ( )Tj ET 0.934 g 354.93 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 354.93 623.1301 Tm 0 g ( )Tj ET 0.934 g 362.85 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 362.85 623.1301 Tm 0 g ( )Tj ET 0.934 g 370.77 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 370.77 623.1301 Tm 0 g ( )Tj ET 0.934 g 378.69 632.25 25.92 -11.04 re f BT 10.079 0 0 10.079 378.69 623.1301 Tm 0 g ( )Tj ET 0.934 g 404.85 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 404.85 623.1301 Tm 0 g ( )Tj ET 0.934 g 412.77 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 412.77 623.1301 Tm 0 g ( )Tj ET 0.934 g 420.69 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 420.69 623.1301 Tm 0 g ( )Tj ET 0.934 g 428.61 632.25 25.92 -11.04 re f BT 10.079 0 0 10.079 428.61 623.1301 Tm 0 g ( )Tj ET 0.934 g 454.77 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 454.77 623.1301 Tm 0 g ( )Tj ET 0.934 g 462.69 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 462.69 623.1301 Tm 0 g ( )Tj ET 0.934 g 470.61 632.25 7.2 -11.04 re f BT 10.079 0 0 10.079 470.61 623.1301 Tm 0 g ( )Tj ET 0.934 g 478.05 632.25 15.84 -11.04 re f BT 10.079 0 0 10.079 478.05 623.1301 Tm 0 g ( )Tj ET 0.934 g 494.13 632.25 14.4 -11.04 re f BT 10.079 0 0 10.079 494.13 623.1301 Tm 0 g ( )Tj ET 0.934 g 508.77 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 508.77 623.1301 Tm 0 g ( )Tj ET 0.934 g 516.69 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 521.97 623.1301 Tm 0 g ( )Tj ET 0.934 g 524.61 632.25 25.92 -11.04 re f BT 10.079 0 0 10.079 529.65 623.1301 Tm 0 g (\(23.9)Tj ET 0.934 g 550.77 632.25 7.68 -11.04 re f BT 10.079 0 0 10.079 550.77 623.1301 Tm 0 g (\))Tj -49.3142 -1.1192 TD 0.512 Tw [( Cash )512(dividends )]TJ /F2 1 Tf 7.1504 0 TD 0 Tw ()Tj /F12 1 Tf 0.9999 0 TD 0.5358 Tw [( )535.8($.40 )535.8(a )535.8(share)-3631( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )-500( )-476.2(\(4.1)-12.5(\))-452.8( )-1809.7( )-1809.7( )47.6( )-809.6( )-666.7( )-523.9( )-476.2(\(4.1)-12.5(\))]TJ ET 0.934 g 53.73 609.69 7.44 -11.04 re f BT 10.079 0 0 10.079 53.73 600.5701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 61.41 609.69 161.76 -11.04 re f BT 10.079 0 0 10.079 61.41 600.5701 Tm 0 g (Stock and other incentive plans)Tj ET 0.934 g 223.41 609.69 7.44 -11.04 re f BT 10.079 0 0 10.079 223.41 600.5701 Tm 0 g ( )Tj ET 0.934 g 231.09 609.69 9.12 -11.04 re f BT 10.079 0 0 10.079 231.09 600.5701 Tm 0 g ( )Tj ET 0.934 g 240.45 609.69 17.52 -11.04 re f BT 10.079 0 0 10.079 240.45 600.5701 Tm 0 g ( )Tj ET 0.934 g 258.21 609.69 9.12 -11.04 re f BT 10.079 0 0 10.079 258.21 600.5701 Tm 0 g ( )Tj ET 0.934 g 267.57 609.69 7.44 -11.04 re f BT 10.079 0 0 10.079 267.57 600.5701 Tm 0 g ( )Tj ET 0.934 g 275.25 609.69 9.84 -11.04 re f BT 10.079 0 0 10.079 282.69 600.5701 Tm 0 g ( )Tj ET 0.934 g 285.33 609.69 17.52 -11.04 re f BT 10.079 0 0 10.079 292.05 600.5701 Tm 0 g (\(.9)Tj ET 0.934 g 303.09 609.69 9.84 -11.04 re f BT 10.079 0 0 10.079 303.09 600.5701 Tm 0 g (\))Tj ET 0.934 g 313.17 609.69 7.44 -11.04 re f BT 10.079 0 0 10.079 313.17 600.5701 Tm 0 g ( )Tj ET 0.934 g 320.85 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 320.85 600.5701 Tm 0 g ( )Tj ET 0.934 g 328.77 609.69 25.92 -11.04 re f BT 10.079 0 0 10.079 328.77 600.5701 Tm 0 g ( )Tj ET 0.934 g 354.93 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 354.93 600.5701 Tm 0 g ( )Tj ET 0.934 g 362.85 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 362.85 600.5701 Tm 0 g ( )Tj ET 0.934 g 370.77 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 370.77 600.5701 Tm 0 g ( )Tj ET 0.934 g 378.69 609.69 25.92 -11.04 re f BT 10.079 0 0 10.079 397.17 600.5701 Tm 0 g (.5)Tj ET 0.934 g 404.85 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 404.85 600.5701 Tm 0 g ( )Tj ET 0.934 g 412.77 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 412.77 600.5701 Tm 0 g ( )Tj ET 0.934 g 420.69 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 420.69 600.5701 Tm 0 g ( )Tj ET 0.934 g 428.61 609.69 25.92 -11.04 re f BT 10.079 0 0 10.079 428.61 600.5701 Tm 0 g ( )Tj ET 0.934 g 454.77 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 454.77 600.5701 Tm 0 g ( )Tj ET 0.934 g 462.69 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 462.69 600.5701 Tm 0 g ( )Tj ET 0.934 g 470.61 609.69 7.2 -11.04 re f BT 10.079 0 0 10.079 470.61 600.5701 Tm 0 g ( )Tj ET 0.934 g 478.05 609.69 15.84 -11.04 re f BT 10.079 0 0 10.079 486.45 600.5701 Tm 0 g (.8)Tj ET 0.934 g 494.13 609.69 14.4 -11.04 re f BT 10.079 0 0 10.079 494.13 600.5701 Tm 0 g ( )Tj ET 0.934 g 508.77 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 508.77 600.5701 Tm 0 g ( )Tj ET 0.934 g 516.69 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 516.6899 600.5701 Tm 0 g ( )Tj ET 0.934 g 524.61 609.69 25.92 -11.04 re f BT 10.079 0 0 10.079 543.09 600.5701 Tm 0 g (.4)Tj ET 0.934 g 550.77 609.69 7.68 -11.04 re f BT 10.079 0 0 10.079 550.77 600.5701 Tm 0 g ( )Tj -49.3142 -1.1192 TD 0.5358 Tw [( )23.8(Other)-13796.1( )23.8( )-142.9( )-976.3( )-142.9( )-714.3( )-142.9(\(.2)-12.4(\))-667.1( )23.8( )-1809.7( )-1809.7( )-1809.7( )47.6( )-809.6( )-666.7( )-523.9( )-976.3(\(.2)-12.4(\))]TJ T* 16.5849 Tc 0 Tw [( )16072.9( )]TJ ET 0.5 g 240.45 581.85 17.52 -0.48 re f BT 10.079 0 0 10.079 258.21 578.0101 Tm 0 g 0.6787 Tc [( )166.7( )]TJ ET 0.5 g 285.33 581.85 17.52 -0.48 re f BT 10.079 0 0 10.079 303.09 578.0101 Tm 0 g 0.7501 Tc [( )238.1( )]TJ ET 0.5 g 328.77 581.85 25.92 -0.48 re f BT 10.079 0 0 10.079 354.93 578.0101 Tm 0 g 0.5358 Tc ( )Tj ET 0.5 g 378.69 581.85 25.92 -0.48 re f BT 10.079 0 0 10.079 404.85 578.0101 Tm 0 g ( )Tj ET 0.5 g 428.61 581.85 25.92 -0.48 re f BT 10.079 0 0 10.079 454.77 578.0101 Tm 0 g ( )Tj ET 0.5 g 478.05 581.85 15.84 -0.48 re f BT 10.079 0 0 10.079 494.13 578.0101 Tm 0 g 1.2025 Tc [( )666.7( )]TJ ET 0.5 g 524.61 581.85 25.92 -0.48 re f BT 10.079 0 0 10.079 550.77 578.0101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 53.73 575.85 169.44 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 53.73 566.0101 Tm 0 g (December 31, 2001)Tj ET 0.934 g 223.41 575.85 7.44 -12.24 re f BT 10.079 0 0 10.079 223.41 566.0101 Tm 0 g ( )Tj ET 0.934 g 231.09 575.85 9.12 -12.24 re f BT 10.079 0 0 10.079 231.09 566.0101 Tm 0 g ( )Tj ET 0.934 g 240.45 575.85 17.52 -12.24 re f BT 10.079 0 0 10.079 240.45 566.0101 Tm 0 g (16.8)Tj ET 0.934 g 258.21 575.85 9.12 -12.24 re f BT 10.079 0 0 10.079 258.21 566.0101 Tm 0 g ( )Tj ET 0.934 g 267.57 575.85 7.44 -12.24 re f BT 10.079 0 0 10.079 267.57 566.0101 Tm 0 g ( )Tj ET 0.934 g 275.25 575.85 9.84 -12.24 re f BT 10.079 0 0 10.079 275.25 566.0101 Tm 0 g ( )Tj ET 0.934 g 285.33 575.85 17.52 -12.24 re f BT 10.079 0 0 10.079 285.33 566.0101 Tm 0 g (66.2)Tj ET 0.934 g 303.09 575.85 9.84 -12.24 re f BT 10.079 0 0 10.079 303.09 566.0101 Tm 0 g ( )Tj ET 0.934 g 313.17 575.85 7.44 -12.24 re f BT 10.079 0 0 10.079 313.17 566.0101 Tm 0 g ( )Tj ET 0.934 g 320.85 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 320.85 566.0101 Tm 0 g ( )Tj ET 0.934 g 328.77 575.85 25.92 -12.24 re f BT 10.079 0 0 10.079 332.13 566.0101 Tm 0 g (476.7)Tj ET 0.934 g 354.93 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 354.93 566.0101 Tm 0 g ( )Tj ET 0.934 g 362.85 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 362.85 566.0101 Tm 0 g ( )Tj ET 0.934 g 370.77 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 376.05 566.0101 Tm 0 g ( )Tj ET 0.934 g 378.69 575.85 25.92 -12.24 re f BT 10.079 0 0 10.079 378.69 566.0101 Tm 0 g (\(183.3)Tj ET 0.934 g 404.85 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 404.85 566.0101 Tm 0 g (\))Tj ET 0.934 g 412.77 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 412.77 566.0101 Tm 0 g ( )Tj ET 0.934 g 420.69 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 425.97 566.0101 Tm 0 g ( )Tj ET 0.934 g 428.61 575.85 25.92 -12.24 re f BT 10.079 0 0 10.079 438.69 566.0101 Tm 0 g (\(1.0)Tj ET 0.934 g 454.77 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 454.77 566.0101 Tm 0 g (\))Tj ET 0.934 g 462.69 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 462.69 566.0101 Tm 0 g ( )Tj ET 0.934 g 470.61 575.85 7.2 -12.24 re f BT 10.079 0 0 10.079 475.41 566.0101 Tm 0 g ( )Tj ET 0.934 g 478.05 575.85 15.84 -12.24 re f BT 10.079 0 0 10.079 478.05 566.0101 Tm 0 g (\(1.2)Tj ET 0.934 g 494.13 575.85 14.4 -12.24 re f BT 10.079 0 0 10.079 494.13 566.0101 Tm 0 g (\))Tj ET 0.934 g 508.77 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 508.77 566.0101 Tm 0 g ( )Tj ET 0.934 g 516.69 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 516.6899 566.0101 Tm 0 g ( )Tj ET 0.934 g 524.61 575.85 25.92 -12.24 re f BT 10.079 0 0 10.079 527.97 566.0101 Tm 0 g (374.2)Tj ET 0.934 g 550.77 575.85 7.68 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 550.77 565.53 Tm 0 g ( )Tj /F13 1 Tf -49.3142 -1.1906 TD 0.5358 Tw [( )23.8(Comprehensive )535.8(loss)-7601.7( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )23.8( )-1809.7( )-1809.7( )-1809.7( )47.6( )-809.6( )-666.7( )]TJ /F12 1 Tf 49.3142 -0.0476 TD 0 Tw ( )Tj ET 0.934 g 53.73 550.89 7.44 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 53.73 541.05 Tm 0 g ( )Tj ET 0.934 g 61.41 550.89 7.44 -12.24 re f BT 10.079 0 0 10.079 61.41 541.05 Tm 0 g ( )Tj ET 0.934 g 69.09 550.89 154.08 -12.24 re f BT 10.079 0 0 10.079 69.09 541.05 Tm 0 g (Net loss)Tj ET 0.934 g 223.41 550.89 7.44 -12.24 re f BT 10.079 0 0 10.079 223.41 541.05 Tm 0 g ( )Tj ET 0.934 g 231.09 550.89 9.12 -12.24 re f BT 10.079 0 0 10.079 231.09 541.05 Tm 0 g ( )Tj ET 0.934 g 240.45 550.89 17.52 -12.24 re f BT 10.079 0 0 10.079 240.45 541.05 Tm 0 g ( )Tj ET 0.934 g 258.21 550.89 9.12 -12.24 re f BT 10.079 0 0 10.079 258.21 541.05 Tm 0 g ( )Tj ET 0.934 g 267.57 550.89 7.44 -12.24 re f BT 10.079 0 0 10.079 267.57 541.05 Tm 0 g ( )Tj ET 0.934 g 275.25 550.89 9.84 -12.24 re f BT 10.079 0 0 10.079 275.25 541.05 Tm 0 g ( )Tj ET 0.934 g 285.33 550.89 17.52 -12.24 re f BT 10.079 0 0 10.079 285.33 541.05 Tm 0 g ( )Tj ET 0.934 g 303.09 550.89 9.84 -12.24 re f BT 10.079 0 0 10.079 303.09 541.05 Tm 0 g ( )Tj ET 0.934 g 313.17 550.89 7.44 -12.24 re f BT 10.079 0 0 10.079 313.17 541.05 Tm 0 g ( )Tj ET 0.934 g 320.85 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 326.13 541.05 Tm 0 g ( )Tj ET 0.934 g 328.77 550.89 25.92 -12.24 re f BT 10.079 0 0 10.079 328.77 541.05 Tm 0 g (\(188.3)Tj ET 0.934 g 354.93 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 354.93 541.05 Tm 0 g (\))Tj ET 0.934 g 362.85 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 362.85 541.05 Tm 0 g ( )Tj ET 0.934 g 370.77 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 370.77 541.05 Tm 0 g ( )Tj ET 0.934 g 378.69 550.89 25.92 -12.24 re f BT 10.079 0 0 10.079 378.69 541.05 Tm 0 g ( )Tj ET 0.934 g 404.85 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 404.85 541.05 Tm 0 g ( )Tj ET 0.934 g 412.77 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 412.77 541.05 Tm 0 g ( )Tj ET 0.934 g 420.69 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 420.69 541.05 Tm 0 g ( )Tj ET 0.934 g 428.61 550.89 25.92 -12.24 re f BT 10.079 0 0 10.079 428.61 541.05 Tm 0 g ( )Tj ET 0.934 g 454.77 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 454.77 541.05 Tm 0 g ( )Tj ET 0.934 g 462.69 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 462.69 541.05 Tm 0 g ( )Tj ET 0.934 g 470.61 550.89 7.2 -12.24 re f BT 10.079 0 0 10.079 470.61 541.05 Tm 0 g ( )Tj ET 0.934 g 478.05 550.89 15.84 -12.24 re f BT 10.079 0 0 10.079 478.05 541.05 Tm 0 g ( )Tj ET 0.934 g 494.13 550.89 14.4 -12.24 re f BT 10.079 0 0 10.079 494.13 541.05 Tm 0 g ( )Tj ET 0.934 g 508.77 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 508.77 541.05 Tm 0 g ( )Tj ET 0.934 g 516.69 550.89 7.68 -12.24 re f BT 10.079 0 0 10.079 521.97 541.05 Tm 0 g ( )Tj ET 0.934 g 524.61 550.89 25.92 -12.24 re f BT 10.079 0 0 10.079 524.61 541.05 Tm 0 g (\(188.3)Tj ET 0.934 g 550.77 550.89 7.68 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 550.77 540.5701 Tm 0 g (\))Tj /F13 1 Tf -49.3142 -1.1906 TD 0.5358 Tw [( )23.8( )23.8(Other )535.8(comprehensive )535.8(loss)-4312.9( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )23.8( )-1809.7( )-1809.7( )-1809.7( )47.6( )-809.6( )-666.7( )]TJ /F12 1 Tf 49.3142 -0.0476 TD 0 Tw ( )Tj ET 0.934 g 53.73 525.93 7.44 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 53.73 516.0901 Tm 0 g ( )Tj ET 0.934 g 61.41 525.93 7.44 -12.24 re f BT 10.079 0 0 10.079 61.41 516.0901 Tm 0 g ( )Tj ET 0.934 g 69.09 525.93 7.44 -12.24 re f BT 10.079 0 0 10.079 69.09 516.0901 Tm 0 g ( )Tj ET 0.934 g 76.77 525.93 146.4 -12.24 re f BT 10.079 0 0 10.079 76.77 516.0901 Tm 0 g (Minimum pension liability)Tj ET 0.934 g 223.41 525.93 7.44 -12.24 re f BT 10.079 0 0 10.079 223.41 516.0901 Tm 0 g ( )Tj ET 0.934 g 231.09 525.93 9.12 -12.24 re f BT 10.079 0 0 10.079 231.09 516.0901 Tm 0 g ( )Tj ET 0.934 g 240.45 525.93 17.52 -12.24 re f BT 10.079 0 0 10.079 240.45 516.0901 Tm 0 g ( )Tj ET 0.934 g 258.21 525.93 9.12 -12.24 re f BT 10.079 0 0 10.079 258.21 516.0901 Tm 0 g ( )Tj ET 0.934 g 267.57 525.93 7.44 -12.24 re f BT 10.079 0 0 10.079 267.57 516.0901 Tm 0 g ( )Tj ET 0.934 g 275.25 525.93 9.84 -12.24 re f BT 10.079 0 0 10.079 275.25 516.0901 Tm 0 g ( )Tj ET 0.934 g 285.33 525.93 17.52 -12.24 re f BT 10.079 0 0 10.079 285.33 516.0901 Tm 0 g ( )Tj ET 0.934 g 303.09 525.93 9.84 -12.24 re f BT 10.079 0 0 10.079 303.09 516.0901 Tm 0 g ( )Tj ET 0.934 g 313.17 525.93 7.44 -12.24 re f BT 10.079 0 0 10.079 313.17 516.0901 Tm 0 g ( )Tj ET 0.934 g 320.85 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 320.85 516.0901 Tm 0 g ( )Tj ET 0.934 g 328.77 525.93 25.92 -12.24 re f BT 10.079 0 0 10.079 328.77 516.0901 Tm 0 g ( )Tj ET 0.934 g 354.93 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 354.93 516.0901 Tm 0 g ( )Tj ET 0.934 g 362.85 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 362.85 516.0901 Tm 0 g ( )Tj ET 0.934 g 370.77 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 370.77 516.0901 Tm 0 g ( )Tj ET 0.934 g 378.69 525.93 25.92 -12.24 re f BT 10.079 0 0 10.079 378.69 516.0901 Tm 0 g ( )Tj ET 0.934 g 404.85 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 404.85 516.0901 Tm 0 g ( )Tj ET 0.934 g 412.77 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 412.77 516.0901 Tm 0 g ( )Tj ET 0.934 g 420.69 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 425.97 516.0901 Tm 0 g ( )Tj ET 0.934 g 428.61 525.93 25.92 -12.24 re f BT 10.079 0 0 10.079 428.61 516.0901 Tm 0 g (\(109.7)Tj ET 0.934 g 454.77 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 454.77 516.0901 Tm 0 g (\))Tj ET 0.934 g 462.69 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 462.69 516.0901 Tm 0 g ( )Tj ET 0.934 g 470.61 525.93 7.2 -12.24 re f BT 10.079 0 0 10.079 470.61 516.0901 Tm 0 g ( )Tj ET 0.934 g 478.05 525.93 15.84 -12.24 re f BT 10.079 0 0 10.079 478.05 516.0901 Tm 0 g ( )Tj ET 0.934 g 494.13 525.93 14.4 -12.24 re f BT 10.079 0 0 10.079 494.13 516.0901 Tm 0 g ( )Tj ET 0.934 g 508.77 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 508.77 516.0901 Tm 0 g ( )Tj ET 0.934 g 516.69 525.93 7.68 -12.24 re f BT 10.079 0 0 10.079 521.97 516.0901 Tm 0 g ( )Tj ET 0.934 g 524.61 525.93 25.92 -12.24 re f BT 10.079 0 0 10.079 524.61 516.0901 Tm 0 g (\(109.7)Tj ET 0.934 g 550.77 525.93 7.68 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 550.77 515.61 Tm 0 g (\))Tj /F13 1 Tf -49.3142 -1.1906 TD 0.5358 Tc [( )-16049.1( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )23.8( )-1809.7( )-1809.7( )-1809.7( )47.6( )-809.6( )-666.7( )]TJ ET 0.5 g 524.61 507.69 25.92 -0.48 re f BT /F12 1 Tf 10.079 0 0 10.079 550.77 503.8501 Tm 0 g 0 Tc ( )Tj /F13 1 Tf -49.3142 -1.262 TD 0.5358 Tw [( )23.8( )23.8( )23.8( )23.8(Total )535.8(comprehensive )535.8(loss)-3066( )23.8( )-142.9( )-976.3( )-142.9( )23.8( )-214.3( )-976.3( )-214.3( )23.8( )-1809.7( )-1809.7( )-1809.7( )47.6( )-809.6( )-666.7( )-523.9( )523.9(\(298.0)]TJ /F12 1 Tf 49.3142 -0.0476 TD 0 Tw (\))Tj ET 0.934 g 53.73 488.49 7.44 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 53.73 478.6501 Tm 0 g ( )Tj ET 0.934 g 61.41 488.49 161.76 -12.24 re f BT 10.079 0 0 10.079 61.41 478.6501 Tm 0 g (Stock and other incentive plans)Tj ET 0.934 g 223.41 488.49 7.44 -12.24 re f BT 10.079 0 0 10.079 223.41 478.6501 Tm 0 g ( )Tj ET 0.934 g 231.09 488.49 9.12 -12.24 re f BT 10.079 0 0 10.079 231.09 478.6501 Tm 0 g ( )Tj ET 0.934 g 240.45 488.49 17.52 -12.24 re f BT 10.079 0 0 10.079 240.45 478.6501 Tm 0 g ( )Tj ET 0.934 g 258.21 488.49 9.12 -12.24 re f BT 10.079 0 0 10.079 258.21 478.6501 Tm 0 g ( )Tj ET 0.934 g 267.57 488.49 7.44 -12.24 re f BT 10.079 0 0 10.079 267.57 478.6501 Tm 0 g ( )Tj ET 0.934 g 275.25 488.49 9.84 -12.24 re f BT 10.079 0 0 10.079 275.25 478.6501 Tm 0 g ( )Tj ET 0.934 g 285.33 488.49 17.52 -12.24 re f BT 10.079 0 0 10.079 290.37 478.6501 Tm 0 g (3.5)Tj ET 0.934 g 303.09 488.49 9.84 -12.24 re f BT 10.079 0 0 10.079 303.09 478.6501 Tm 0 g ( )Tj ET 0.934 g 313.17 488.49 7.44 -12.24 re f BT 10.079 0 0 10.079 313.17 478.6501 Tm 0 g ( )Tj ET 0.934 g 320.85 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 320.85 478.6501 Tm 0 g ( )Tj ET 0.934 g 328.77 488.49 25.92 -12.24 re f BT 10.079 0 0 10.079 328.77 478.6501 Tm 0 g ( )Tj ET 0.934 g 354.93 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 354.93 478.6501 Tm 0 g ( )Tj ET 0.934 g 362.85 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 362.85 478.6501 Tm 0 g ( )Tj ET 0.934 g 370.77 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 370.77 478.6501 Tm 0 g ( )Tj ET 0.934 g 378.69 488.49 25.92 -12.24 re f BT 10.079 0 0 10.079 392.13 478.6501 Tm 0 g (1.1)Tj ET 0.934 g 404.85 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 404.85 478.6501 Tm 0 g ( )Tj ET 0.934 g 412.77 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 412.77 478.6501 Tm 0 g ( )Tj ET 0.934 g 420.69 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 420.69 478.6501 Tm 0 g ( )Tj ET 0.934 g 428.61 488.49 25.92 -12.24 re f BT 10.079 0 0 10.079 428.61 478.6501 Tm 0 g ( )Tj ET 0.934 g 454.77 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 454.77 478.6501 Tm 0 g ( )Tj ET 0.934 g 462.69 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 462.69 478.6501 Tm 0 g ( )Tj ET 0.934 g 470.61 488.49 7.2 -12.24 re f BT 10.079 0 0 10.079 475.41 478.6501 Tm 0 g ( )Tj ET 0.934 g 478.05 488.49 15.84 -12.24 re f BT 10.079 0 0 10.079 478.05 478.6501 Tm 0 g (\(1.5)Tj ET 0.934 g 494.13 488.49 14.4 -12.24 re f BT 10.079 0 0 10.079 494.13 478.6501 Tm 0 g (\))Tj ET 0.934 g 508.77 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 508.77 478.6501 Tm 0 g ( )Tj ET 0.934 g 516.69 488.49 7.68 -12.24 re f BT 10.079 0 0 10.079 516.6899 478.6501 Tm 0 g ( )Tj ET 0.934 g 524.61 488.49 25.92 -12.24 re f BT 10.079 0 0 10.079 538.0499 478.6501 Tm 0 g (3.1)Tj ET 0.934 g 550.77 488.49 7.68 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 550.77 478.1701 Tm 0 g ( )Tj /F13 1 Tf -49.3142 -1.1906 TD 16.5849 Tc [( )16072.9( )]TJ ET 0.5 g 240.45 470.25 17.52 -0.48 re f BT 10.079 0 0 10.079 258.21 466.1701 Tm 0 g 0.6787 Tc [( )166.7( )]TJ ET 0.5 g 285.33 470.25 17.52 -0.48 re f BT 10.079 0 0 10.079 303.09 466.1701 Tm 0 g 0.7501 Tc [( )238.1( )]TJ ET 0.5 g 328.77 470.25 25.92 -0.48 re f BT 10.079 0 0 10.079 354.93 466.1701 Tm 0 g 0.5358 Tc ( )Tj ET 0.5 g 378.69 470.25 25.92 -0.48 re f BT 10.079 0 0 10.079 404.85 466.1701 Tm 0 g ( )Tj ET 0.5 g 428.61 470.25 25.92 -0.48 re f BT 10.079 0 0 10.079 454.77 466.1701 Tm 0 g ( )Tj ET 0.5 g 478.05 470.25 15.84 -0.48 re f BT 10.079 0 0 10.079 494.13 466.1701 Tm 0 g 1.2025 Tc [( )666.7( )]TJ ET 0.5 g 524.61 470.25 25.92 -0.48 re f BT /F12 1 Tf 10.079 0 0 10.079 550.77 466.4101 Tm 0 g 0 Tc ( )Tj /F13 1 Tf -49.3142 -1.262 TD 0.8215 Tw [(December )821.5(31, )821.5(2002)-8754.6( )-119.1($16.8)-12.2( )142.8( )-190.5($69.7)-12.2( )71.4( )23.8($)-333.4(288.4)-12.3( )285.7( $\(182.2)-12.7(\))-452.8( $\(110.7)-12.7(\))-452.8( )47.6($\(2.7)-12.5(\))-1119.5( $)-833.5(79.3)]TJ /F12 1 Tf 49.3142 -0.0476 TD 0 Tw ( )Tj -49.3142 -1.1192 TD 16.5849 Tc [( )16072.9( )]TJ ET 0.5 g 240.45 446.97 17.52 -2.88 re f BT 10.079 0 0 10.079 258.21 441.9301 Tm 0 g 0.6787 Tc [( )166.7( )]TJ ET 0.5 g 285.33 446.97 17.52 -2.88 re f BT 10.079 0 0 10.079 303.09 441.9301 Tm 0 g 0.7501 Tc [( )238.1( )]TJ ET 0.5 g 328.77 446.97 25.92 -2.88 re f BT 10.079 0 0 10.079 354.93 441.9301 Tm 0 g 0.5358 Tc ( )Tj ET 0.5 g 378.69 446.97 25.92 -2.88 re f BT 10.079 0 0 10.079 404.85 441.9301 Tm 0 g ( )Tj ET 0.5 g 428.61 446.97 25.92 -2.88 re f BT 10.079 0 0 10.079 454.77 441.9301 Tm 0 g ( )Tj ET 0.5 g 478.05 446.97 15.84 -2.88 re f BT 10.079 0 0 10.079 494.13 441.9301 Tm 0 g 1.2025 Tc [( )666.7( )]TJ ET 0.5 g 524.61 446.97 25.92 -2.88 re f BT 10.079 0 0 10.079 550.77 441.9301 Tm 0 g 0 Tc ( )Tj -52.1002 -2.5241 TD (See notes to consolidated financial statements. )Tj 27.3359 -2.6907 TD (39)Tj ET endstreamendobj115 0 obj<< /Type /Page /Parent 247 0 R /Resources 116 0 R /Contents 117 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj116 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R 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The Company )Tj -5.2862 -1.1668 TD (manages and owns interests in North American mines and owns ancillary companies providing transportation and other services to )Tj 52.5982 0 TD (the )Tj -52.5982 -1.1192 TD (mines. )Tj 0 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Basis of Consolidation:)Tj /F12 1 Tf 9.8343 0 TD ( The consolidated financial statements include the accounts of the Company and its majority-owned )Tj -11.1439 -1.1668 TD (subsidiaries \()Tj /F2 1 Tf 5.3045 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), including: )Tj /F2 1 Tf -10.0811 -2.524 TD ()Tj /F12 1 Tf 0.5715 0 TD [( )-1416.8(Tilden Mining Company L.C. \()]TJ /F2 1 Tf 14.2217 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Tilden)Tj /F2 1 Tf 2.6108 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) in Michigan; consolidated since January 31, 2002, when the Company increased its )Tj -16.0535 -1.1192 TD (ownership from 40 percent to 85 percent;)Tj -2.2383 -1.1192 TD ( )Tj /F2 1 Tf T* ()Tj /F12 1 Tf 0.5715 0 TD [( )-1416.8(Empire Iron Mining Partnership \()]TJ /F2 1 Tf 15.1086 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Empire)Tj /F2 1 Tf 2.9437 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) in Michigan; consolidated effective December 31, 2002, when the Company increased )Tj -17.2734 -1.1192 TD (its ownership from 35 percent to 79 percent;)Tj -2.2383 -1.1192 TD ( )Tj /F2 1 Tf T* ()Tj /F12 1 Tf 0.5715 0 TD [( )-1416.8(100 percent of Wabush Iron Co. Limited \()]TJ /F2 1 Tf 18.5513 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Wabush Iron)Tj /F2 1 Tf 5.1925 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\); consolidated since August 29, 2002 when Acme Steel Company )Tj -22.9649 -1.1192 TD (rejected its interest in Wabush Iron; Wabush Iron owns 26.83 percent interest in the Wabush Mines Joint Venture \()Tj /F2 1 Tf 46.0158 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Wabush)Tj /F2 1 Tf 3.2767 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) in )Tj -50.1805 -1.1192 TD (Canada.)Tj -2.2383 -2.524 TD ( Intercompany accounts are eliminated in consolidation. At December 31, 2002, )Tj /F2 1 Tf 33.269 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Investments in Associated Iron Ore Ventures)Tj /F2 1 Tf 18.0224 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj -52.1793 -1.1192 TD (primarily includes Wabush Iron)Tj /F2 1 Tf 12.7468 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s equity interest in certain Wabush Mines related entities, which the Company does not control. The )Tj -13.0798 -1.1191 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s equity interest in Hibbing Taconite Company \()Tj /F2 1 Tf 19.3582 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Hibbing)Tj /F2 1 Tf 3.2777 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), an unincorporated Joint Venture in Minnesota, was a net liability )Tj -27.7455 -1.1192 TD (at December 31, 2002, and accordingly, was classified as )Tj /F2 1 Tf 23.1589 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Payables to associated companies)Tj /F2 1 Tf 13.4688 0 TD ()Tj /F12 1 Tf 0.444 0 TD (. Cliffs and Associates Limited \()Tj /F2 1 Tf 12.9978 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (CAL)Tj /F2 1 Tf 1.9998 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) )Tj -53.4012 -1.1191 TD (results are included in )Tj /F2 1 Tf 9.0532 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Discontinued Operation)Tj /F2 1 Tf 9.5811 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( in the Statement of Consolidated Operations. See Note 3 - Discontinued Operation. )Tj -19.5222 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Revenue Recognition:)Tj /F12 1 Tf 9.3818 0 TD ( Revenue is recognized on sales of products when title has transferred, and on services when performed. )Tj -10.6915 -1.1668 TD (Revenue from product sales includes reimbursement for freight charges \($38.7 million )Tj /F2 1 Tf 34.8798 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( 2002; $17.8 million )Tj /F2 1 Tf 8.4172 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( 2001; $15.5 million )Tj /F2 1 Tf 8.4172 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( )Tj -54.714 -1.1192 TD (2000\) paid on behalf of customers and cost reimbursement of $36.9 million since January 31, 2002 from a minority interest partn)Tj 51.7113 0 TD (er for )Tj -51.7113 -1.1192 TD (its contractual share of mine costs. Royalty and management fee revenue from venture participants is recognized on production. )Tj 0 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Business Risk:)Tj /F12 1 Tf 6.1673 0 TD ( The major business risk faced by the Company, as it increases its merchant position, is lower customer consumption )Tj -7.4769 -1.1668 TD (of iron ore from the Company)Tj /F2 1 Tf 12.0249 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s mines which may result from competition from other iron ore suppliers; increased use of iron ore )Tj -12.3579 -1.1192 TD (substitutes, including imported semi-finished steel; customers rationalization or financial failure; or decreased North America)Tj 50.2654 0 TD (n steel )Tj -50.2654 -1.1191 TD (production, resulting from increased imports or lower steel consumption. The Company)Tj /F2 1 Tf 35.1598 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s sales are concentrated with a relatively few )Tj -35.4928 -1.1192 TD (number of customers. Unmitigated loss of sales would have a greater impact on operating results and cash flow than revenue, due)Tj 51.8743 0 TD ( to the )Tj -51.8743 -1.1192 TD (high level of fixed costs in the iron ore mining business in the near term and the high cost to idle or close mines. In the eve)Tj 49.0736 0 TD (nt of a venture )Tj -49.0736 -1.1192 TD (participant)Tj /F2 1 Tf 4.2766 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s failure to perform, remaining solvent venturers, including the Company, may be required to assume and record additional )Tj -4.6096 -1.1192 TD (material obligations. 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Actual results could differ from estimates. )Tj 0 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Cash Equivalents:)Tj /F12 1 Tf 7.7865 0 TD ( The Company considers investments in highly liquid debt instruments with an initial maturity of three months or )Tj -9.0961 -1.1668 TD (less to be cash equivalents. )Tj 0 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Derivative Financial Instruments:)Tj /F12 1 Tf 14.549 0 TD ( In the normal course of business, the Company enters into forward contracts for the purchase of )Tj -15.8587 -1.1668 TD (commodities, primarily natural gas, which are used in its operations. Such contracts are in quantities expected to be delivered)Tj 50.1265 0 TD ( and used in )Tj -50.1265 -1.1192 TD (the production process and are not intended for resale or speculative purposes. )Tj 0 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Inventories:)Tj /F12 1 Tf 5.1672 0 TD ( Product inventories are stated at the lower of cost or market. 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Asset retirement obligations reflect remaining economic iron ore reserves. )Tj 0 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Properties:)Tj /F12 1 Tf 4.81 0 TD ( Properties are stated at cost. Depreciation of plant and equipment is computed principally by straight-line methods based )Tj -6.1196 -1.1668 TD (on estimated useful lives, not to exceed the estimated economic iron ore reserves. 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The Company determines impairment base)Tj 52.6242 0 TD (d on )Tj -52.6242 -1.1192 TD (the asset)Tj /F2 1 Tf 3.4157 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s ability to generate cash flow greater than the carrying value of the asset, using an undiscounted probability-weighted analys)Tj 50.0695 0 TD (is. )Tj -53.8181 -1.1191 TD (If projected undiscounted cash flows are less than the carrying value of the asset, the assets are adjusted to their fair value)Tj 48.6506 0 TD (. See Note 1 - )Tj -48.6506 -1.1192 TD (Operations and Customers and Note 3 )Tj /F2 1 Tf 15.4966 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( Discontinued Operation. )Tj 10.8394 -2.6907 TD (41)Tj ET endstreamendobj121 0 obj<< /Type /Page /Parent 248 0 R /Resources 122 0 R /Contents 123 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj122 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj123 0 obj<< /Length 14730 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -596.64 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 25.65 952.41 Tm ( )Tj /F13 1 Tf 1.3096 0 TD (Repairs and Maintenance:)Tj /F12 1 Tf 11.3582 0 TD ( The cost of power plant major overhauls is amortized over the estimated useful life, which is the period )Tj -12.6679 -1.1668 TD (until the next scheduled overhaul, generally 5 years. All other planned and unplanned repairs and maintenance costs are expense)Tj 51.3723 0 TD (d during )Tj -51.3723 -1.1191 TD (the year incurred. )Tj 0 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Income Taxes:)Tj /F12 1 Tf 6.2625 0 TD ( Income taxes are based on income \(loss\) for financial reporting purposes and reflect a current tax liability \(asset\) for )Tj -7.5721 -1.1668 TD (the estimated taxes payable \(recoverable\) in the current year tax return and changes in deferred taxes. Deferred tax assets or )Tj 49.7285 0 TD (liabilities are )Tj -49.7285 -1.1192 TD (determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using enac)Tj 50.8714 0 TD (ted tax )Tj -50.8714 -1.1192 TD (laws and rates. A valuation allowance is provided on deferred tax assets if it is determined that it is more likely than not th)Tj 48.9336 0 TD (at the asset )Tj -48.9336 -1.1192 TD (will not be realized. )Tj 0 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Environmental Remediation Costs:)Tj /F12 1 Tf 15.0729 0 TD ( The Company has a formal code of environmental protection and restoration. The Company)Tj /F2 1 Tf 37.1016 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s )Tj -53.8171 -1.1668 TD (obligations for known environmental problems at active and closed mining operations, and other sites have been recognized based)Tj 52.1533 0 TD ( on )Tj -52.1533 -1.1192 TD (estimates of the cost of investigation and remediation at each site. If the cost can only be estimated as a range of possible a)Tj 49.0426 0 TD (mounts with )Tj -49.0426 -1.1192 TD (no specific amount being most likely, the minimum of the range is accrued. Costs of future expenditures are not discounted to t)Tj 50.9064 0 TD (heir )Tj -50.9064 -1.1192 TD (present value. Potential insurance recoveries have not been reflected in the determination of the liabilities. )Tj 0 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Stock Compensation:)Tj /F12 1 Tf 9.1199 0 TD ( In accordance with the provisions of SFAS No. 123, )Tj /F2 1 Tf 21.4401 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Accounting for Stock-Based Compensation,)Tj /F2 1 Tf 17.6634 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( the )Tj -50.4209 -1.1668 TD (Company has elected to continue applying the provisions of Accounting Principles Board Opinion No. 25 and related interpretatio)Tj 52.1563 0 TD (ns in )Tj -52.1563 -1.1191 TD (accounting for its stock-based compensation plans. Accordingly, the Company does not recognize compensation expense for stock )Tj T* (options when the stock option price at the grant date is equal to or greater than the fair market value of the stock at that da)Tj 48.7366 0 TD (te. 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2.2621 -0.0476 TD 2.2979 Tw [(\))-1048.1( $\(2.36)-12.6(\))-1238.6( )1143($1.64)-12.2( )]TJ -35.0986 -1.1192 TD 29.0147 Tc 0 Tw [( )27407.4( )]TJ ET 0.5 g 395.25 453.21 25.92 -2.88 re f BT 10.079 0 0 10.079 421.41 448.1701 Tm 0 g 1.1311 Tc [( )-476.2( )]TJ ET 0.5 g 466.05 453.21 20.88 -2.88 re f BT 10.079 0 0 10.079 487.17 448.1701 Tm 0 g 1.3216 Tc [( )166.7( )]TJ ET 0.5 g 522.21 453.21 17.52 -2.88 re f BT 10.079 0 0 10.079 539.97 448.1701 Tm 0 g 0 Tc ( )Tj -51.0287 -2.524 TD ( The market value of restricted stock awards and performance shares is charged to expense over the vesting period. )Tj 27.3359 -2.6907 TD (42)Tj ET endstreamendobj124 0 obj<< /Type /Page /Parent 248 0 R /Resources 125 0 R /Contents 126 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj125 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj126 0 obj<< /Length 1396 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -165.84 re 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Mesabi Nugget project costs of $1.9 million and $.1 million in 2002 and)Tj 52.1563 0 TD ( 2001, )Tj -52.1563 -1.1191 TD (respectively, were included in )Tj /F2 1 Tf 12.2459 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Other expenses)Tj /F2 1 Tf 6.1364 0 TD ()Tj /F12 1 Tf 0.444 0 TD (. )Tj -19.2703 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Income Per Common Share:)Tj /F12 1 Tf 12.2393 0 TD ( Basic income per common share is calculated on the average number of common shares outstanding )Tj -13.5489 -1.1668 TD (during each period. Diluted income per common share is based on the average number of common shares outstanding during each )Tj 0 -1.1192 TD (period, adjusted for the effect of outstanding stock options, restricted stock and performance shares. )Tj 0 -2.5955 TD ( )Tj /F13 1 Tf 1.3096 0 TD (Reclassifications:)Tj /F12 1 Tf 7.4055 0 TD ( Certain prior year amounts have been reclassified to conform to current year classifications. )Tj 18.6208 -2.7384 TD (43)Tj ET endstreamendobj127 0 obj<< /Type /Page /Parent 248 0 R /Resources 128 0 R /Contents 129 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj128 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj129 0 obj<< /Length 5963 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -462.48 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 25.65 952.41 Tm ( )Tj /F13 1 Tf 1.3096 0 TD (Accounting and Disclosure Changes:)Tj /F12 1 Tf 15.692 0 TD ( Effective January 1, 2001, the Company changed its method of accounting for investment )Tj -17.0016 -1.1668 TD (gains and losses on pension assets for the calculation of net periodic pension cost. Previously, the Company utilized a method )Tj 50.5464 0 TD (that )Tj -50.5464 -1.1191 TD (deferred and amortized realized and unrealized gains and losses over five years for most pension plans. Under the new accountin)Tj 51.5373 0 TD (g )Tj -51.5373 -1.1191 TD (method, the market value of plan assets reflects realized and unrealized gains and losses from current year performance in the )Tj 50.5094 0 TD (following )Tj -50.5094 -1.1192 TD (year. The Company believes the new method results in improved financial reporting because the method more closely reflects the )Tj 52.1523 0 TD (fair )Tj -52.1523 -1.1192 TD (value of its pension assets at the date of reporting. The cumulative effect of this accounting change related to prior years wa)Tj 49.4845 0 TD (s a one-time )Tj -49.4845 -1.1192 TD (non-cash credit to income of $9.3 million \($14.3 million pre-tax\) recognized as of January 1, 2001. The effect of the change in)Tj 50.6244 0 TD ( )Tj -50.6244 -1.1191 TD (accounting was $.1 million of income on year 2001 results. The pro forma effect of this change, as if it had been made for 2000)Tj 51.0134 0 TD (, would )Tj -51.0134 -1.1192 TD (be to increase net income $1.8 million or $.17 per share. )Tj 0 -2.5241 TD ( Effective January 1, 2002, the Company implemented SFAS No. 143, )Tj /F2 1 Tf 29.4673 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Accounting for Asset Retirement Obligations)Tj /F2 1 Tf 18.1633 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( which )Tj -48.5186 -1.1191 TD (addresses financial accounting and reporting for obligations associated with the retirement of tangible long-lived assets and t)Tj 49.8765 0 TD (he related )Tj -49.8765 -1.1191 TD (asset retirement costs. The statement requires that the fair value of a liability for an asset retirement obligation be recogni)Tj 48.4866 0 TD (zed in the )Tj -48.4866 -1.1192 TD (period in which it is incurred and capitalized as part of the carrying amount of the long-lived asset. When a liability is init)Tj 48.6836 0 TD (ially recorded, )Tj -48.6836 -1.1192 TD (the entity capitalizes the cost by increasing the carrying value of the related long-lived asset. Over time, the liability is a)Tj 47.9327 0 TD (ccreted to its )Tj -47.9327 -1.1191 TD (present value each period, and the capitalized cost is depreciated over the useful life of the related asset. Upon settlement o)Tj 49.1505 0 TD (f the liability, )Tj -49.1505 -1.1192 TD (a gain or loss is recorded. The cumulative effect of this accounting change related to prior years was a one-time non-cash char)Tj 50.4264 0 TD (ge to )Tj -50.4264 -1.1192 TD (income of $13.4 million \(net of $3.3 million recorded under the Company)Tj /F2 1 Tf 29.5783 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s previous mine closure accrual method\) recognized as of )Tj -29.9113 -1.1191 TD (January 1, 2002. The net effect of the change was $1.9 million of additional expense in year 2002 results. The pro forma effect)Tj 50.7064 0 TD ( of this )Tj -50.7064 -1.1192 TD (charge, as if it had been made for 2001 and 2000, would be to decrease net income by $.8 million and $.8 million, respectively.)Tj 50.9044 0 TD ( \(Note 5 )Tj /F2 1 Tf -50.9044 -1.1192 TD ()Tj /F12 1 Tf 0.9999 0 TD ( Environmental and Mine Closure Obligation\). )Tj -0.9999 -2.524 TD ( In July 2001, the FASB issued SFAS No. 142, )Tj /F2 1 Tf 20.0832 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Goodwill and Other Intangible Assets.)Tj /F2 1 Tf 15.4136 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( SFAS No. 142 requires testing of goodwill )Tj -36.3847 -1.1191 TD (and intangible assets with indefinite lives for impairment rather than amortizing them. The adoption of this statement in the f)Tj 49.9355 0 TD (irst quarter )Tj -49.9355 -1.1192 TD (of 2002 did not have a significant impact on the Company)Tj /F2 1 Tf 23.2739 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s financial results. )Tj -23.6069 -2.524 TD ( In October 2001, the FASB issued SFAS No. 144, )Tj /F2 1 Tf 21.637 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Accounting for the Impairment or Disposal of Long-Lived Assets)Tj /F2 1 Tf 26.2716 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( which )Tj -48.7966 -1.1192 TD (supersedes SFAS No. 121, )Tj /F2 1 Tf 10.943 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed Of.)Tj /F2 1 Tf 40.1844 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj -52.0153 -1.1192 TD (Although retaining many of the provisions of SFAS No. 121, SFAS No. 144 establishes a uniform accounting model for long-lived a)Tj 53.1872 0 TD (ssets )Tj -53.1872 -1.1192 TD (to be disposed. The Company)Tj /F2 1 Tf 11.9149 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s adoption of this statement in the first quarter of 2002 did not have a significant impact. )Tj -12.2479 -2.5241 TD ( In June 2002, the FASB issued SFAS No. 146, )Tj /F2 1 Tf 20.2492 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Accounting for Costs Associated with Exit or Disposal Activities)Tj /F2 1 Tf 26.1076 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( when the liability )Tj -47.2447 -1.1192 TD (is incurred and not as a result of an entity)Tj /F2 1 Tf 16.5235 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s commitment to an exit plan. The statement is effective for exit or disposal activities initiated )Tj -16.8565 -1.1192 TD (after December 31, 2002. The adoption of SFAS No. 146 in the first quarter of 2003 is not expected to have a significant impact)Tj 51.2654 0 TD ( on the )Tj -51.2654 -1.1192 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s financial results. )Tj 23.1143 -2.6907 TD (44)Tj ET endstreamendobj130 0 obj<< /Type /Page /Parent 248 0 R /Resources 131 0 R /Contents 132 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj131 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj132 0 obj<< /Length 5535 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -468.24 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 ( In December 2002, the FASB issued SFAS No. 148, )Tj /F2 1 Tf 22.525 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Accounting for Stock-Based Compensation )Tj /F2 1 Tf 17.6634 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( Transition and Disclosure)Tj /F2 1 Tf 10.581 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( an )Tj -52.6572 -1.1191 TD (amendment of SFAS No. 123, )Tj /F2 1 Tf 12.3599 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Accounting for Stock-Based Compensation.)Tj /F2 1 Tf 17.6634 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( SFAS No. 148, which is effective for years ending after )Tj -30.9112 -1.1192 TD (December 15, 2002, provides alternative methods for a voluntary change to the fair value based method of accounting for stock-b)Tj 51.8453 0 TD (ased )Tj -51.8453 -1.1192 TD (employee compensation and requires prominent disclosure about the method of accounting for stock-based employee compensation an)Tj 53.9581 0 TD (d )Tj -53.9581 -1.1192 TD (the effect of the method used on reported results. The Company expects to adopt the fair-value based method in 2003 and is eval)Tj 51.4583 0 TD (uating )Tj -51.4583 -1.1191 TD (the alternative transition methods, but does not anticipate that the adoption will have a significant effect on the Company)Tj /F2 1 Tf 48.3516 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s financial )Tj -48.6846 -1.1192 TD (results. )Tj /F13 1 Tf 0 -2.5955 TD (Note 1 )Tj /F6 1 Tf 2.9987 0 TD ()Tj /F13 1 Tf 0.9999 0 TD ( Operations and Customers)Tj /F12 1 Tf -3.9986 -2.5717 TD ( During 2002, the Company increased its ownership in four iron ore mines and entered into significant long-term sales agree)Tj 50.7654 0 TD (ments )Tj -50.7654 -1.1192 TD (with several integrated steel company customers. )Tj 0 -2.524 TD (Empire Mine)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 795.69 m 79.65 795.69 l S BT 10.079 0 0 10.079 25.65 771.2101 Tm ( Effective December 31, 2002, the Company increased its ownership in Empire from 35 percent to 79 percent for assumption of)Tj 52.1523 0 TD ( mine )Tj -52.1523 -1.1192 TD (liabilities. Under terms of the agreement, the Company has indemnified Ispat Inland Inc. \()Tj /F2 1 Tf 36.0467 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Ispat Inland)Tj /F2 1 Tf 4.7486 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), a subsidiary of Ispat )Tj -41.6832 -1.1192 TD (International N. V., from obligations of Empire in exchange for certain future payments to Empire and to the Company by Ispat I)Tj 51.7093 0 TD (nland of )Tj -51.7093 -1.1191 TD ($120.0 million, recorded at a present value of $58.8 million at December 31, 2002 \($53.8 million classified as )Tj /F2 1 Tf 44.241 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Long-term receivable)Tj /F2 1 Tf 8.6352 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj -53.7641 -1.1192 TD (with the balance current\) over the 12 year life of a new sales agreement. A subsidiary of Ispat Inland retains a 21 percent own)Tj 50.2594 0 TD (ership in )Tj -50.2594 -1.1192 TD (Empire, for which it has the unilateral right to put the interest to the Company in five years. The Company is the sole supplie)Tj 49.9635 0 TD (r of pellets )Tj -49.9635 -1.1192 TD (purchased by Ispat Inland for the term of the sales agreement. As a result of this transaction, the Company)Tj /F2 1 Tf 42.4881 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s consolidated results at )Tj -42.8211 -1.1192 TD (December 31, 2002 include Empire)Tj /F2 1 Tf 14.2457 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s financial position; previously the Company)Tj /F2 1 Tf 17.9704 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s investment in Empire had been accounted for )Tj -32.882 -1.1191 TD (utilizing the )Tj /F2 1 Tf 5.0555 0 TD ()Tj /F12 1 Tf 0.444 0 TD (equity method)Tj /F2 1 Tf 5.7495 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( and was included in )Tj /F2 1 Tf 8.4702 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Investment in Associated Iron Ore Ventures.)Tj /F2 1 Tf 17.8834 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj -38.9345 -2.5241 TD ( Prior to the foregoing agreement, Ispat Inland and the Company funded total fixed obligations of Empire in proportion to t)Tj 50.2404 0 TD (heir )Tj -50.2404 -1.1192 TD (40 percent and 35 percent respective ownerships under an interim agreement after a subsidiary of LTV Corporation \()Tj /F2 1 Tf 46.7898 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (LTV)Tj /F2 1 Tf 1.9438 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) )Tj -49.6215 -1.1192 TD (discontinued meeting its 25 percent Empire ownership obligations in November, 2001. LTV, which had filed for protection under )Tj T* (Chapter 11 of the U.S. Bankruptcy Code on December 29, 2000, rejected its Empire ownership in March, 2002. )Tj 0 -2.5241 TD ( As a result of increasing production costs at Empire, revised economic mine-planning studies were completed in the fourth )Tj 50.6544 0 TD (quarter of )Tj -50.6544 -1.1191 TD (2002. Based on the outcome of these studies, the economic ore reserves at Empire were reduced from 116 million tons of pellets )Tj 51.6533 0 TD (at )Tj -51.6533 -1.1192 TD (December 31, 2001 to 63 million tons of pellets at December 31, 2002. Subsequently, the Company concluded that the assets of Em)Tj 52.8512 0 TD (pire )Tj -52.8512 -1.1192 TD (were impaired, based on an undiscounted probability-weighted cash flow analysis. The Company recorded an impairment charge of )Tj T* ($52.7 million at December 31, 2002 to write off the recorded carrying value of the long-lived assets of Empire. )Tj 27.3359 -2.6907 TD (45)Tj ET endstreamendobj133 0 obj<< /Type /Page /Parent 248 0 R /Resources 134 0 R /Contents 135 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj134 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj135 0 obj<< /Length 5107 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -498.24 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 (Tilden Mine)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 952.17 m 76.29 952.17 l S BT 10.079 0 0 10.079 25.65 927.6901 Tm ( On January 31, 2002, the Company increased its ownership in Tilden to 85 percent with the acquisition of Algoma Steel Inc.)Tj /F2 1 Tf 51.1564 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s )Tj -51.4893 -1.1192 TD (\()Tj /F2 1 Tf 0.333 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Algoma)Tj /F2 1 Tf 3.2217 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) interest in Tilden for assumption of mine liabilities. The acquisition increased the Company)Tj /F2 1 Tf 37.2716 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s annual production capacity by )Tj -42.0472 -1.1192 TD (3.5 million tons. Concurrently, a sales agreement was executed that made the Company the sole supplier of iron ore pellets purc)Tj 51.1824 0 TD (hased by )Tj -51.1824 -1.1191 TD (Algoma for a 15-year period. )Tj 0 -2.524 TD (Hibbing Mine)Tj ET 25.65 867.45 m 82.77 867.45 l S BT 10.079 0 0 10.079 25.65 842.97 Tm ( In July 2002, the Company acquired \(effective retroactive to January 1, 2002\) an 8 percent interest in Hibbing from Bethle)Tj 50.3194 0 TD (hem Steel )Tj -50.3194 -1.1191 TD (Corporation \()Tj /F2 1 Tf 5.4155 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Bethlehem)Tj /F2 1 Tf 4.3326 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) for the assumption of mine liabilities associated with the interest. The acquisition increased the Company)Tj /F2 1 Tf 42.7141 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s )Tj -53.6831 -1.1192 TD (ownership of Hibbing from 15 percent to 23 percent. This transaction reduced Bethlehem)Tj /F2 1 Tf 35.7958 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s ownership interest in Hibbing to )Tj -36.1287 -1.1192 TD (62.3 percent. In October 2001, Bethlehem filed for protection under Chapter 11 of the U.S. Bankruptcy Code. Bethlehem continues)Tj 52.5982 0 TD ( to )Tj -52.5982 -1.1192 TD (fund its Hibbing obligations and consume iron ore from the mine. At the time of the filing, the Company had a trade receivable )Tj 51.1284 0 TD (of )Tj -51.1284 -1.1191 TD (approximately $1.0 million, which has been reserved. )Tj 0 -2.5241 TD (Wabush Mine)Tj ET 25.65 760.17 m 82.77 760.17 l S BT 10.079 0 0 10.079 25.65 735.6901 Tm ( In August 2002, Acme Steel Company, a wholly-owned subsidiary of Acme Metals Incorporated \(collectively )Tj /F2 1 Tf 45.6279 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (Acme)Tj /F2 1 Tf 2.3878 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\), which had )Tj -48.9036 -1.1192 TD (been under Chapter 11 bankruptcy protection since 1998, rejected its 15.1 percent interest in Wabush. As a result, the Company)Tj /F2 1 Tf 51.1254 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s interest )Tj -51.4583 -1.1191 TD (increased from 22.78 percent to 26.83 percent. Acme had discontinued funding its Wabush obligations in August 2001. )Tj 0 -2.5241 TD (Effect of Mine Ownership Increases)Tj ET 25.65 686.73 m 172.77 686.73 l S BT 10.079 0 0 10.079 25.65 662.2501 Tm ( While none of the increases in mine ownerships during 2002 required cash payments or assumption of debt, the ownership cha)Tj 51.9593 0 TD (nges )Tj -51.9593 -1.1191 TD (resulted in the Company recognizing net obligations of approximately $93 million at December 31, 2002. Obligations totaled )Tj T* (approximately $163 million, primarily related to employment legacy obligations at Empire and Tilden mines, partially offset by )Tj 51.4083 0 TD (non-)Tj -51.4083 -1.1192 TD (capital long-term assets, principally the $58.9 million Ispat Inland long-term receivable \($5.0 million current\). )Tj 0 -2.524 TD (Customers)Tj ET 25.65 602.01 m 68.85 602.01 l S BT 10.079 0 0 10.079 25.65 577.53 Tm ( In April 2002, International Steel Group Inc. \()Tj /F2 1 Tf 19.7172 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (ISG)Tj /F2 1 Tf 1.6109 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) purchased the principal steelmaking and finishing assets of LTV, and the )Tj -22.216 -1.1191 TD (Company signed a long-term agreement to supply iron ore pellets to ISG. The Company became the sole supplier of pellets purchas)Tj 52.7382 0 TD (ed by )Tj -52.7382 -1.1192 TD (ISG for these facilities for a 15-year period beginning in 2002. Sales over the remainder of the contract term will depend on I)Tj 50.0685 0 TD -0.0001 Tc (SG)Tj /F2 1 Tf 1.2779 0 TD 0 Tc ()Tj /F12 1 Tf 0.333 0 TD (s pellet )Tj -51.6793 -1.1192 TD (requirements. The Company invested $13.0 million in the second quarter and $4.4 million in the third quarter in ISG common stoc)Tj 52.2973 0 TD (k, )Tj -52.2973 -1.1192 TD (representing approximately 7 percent of ISG)Tj /F2 1 Tf 17.8554 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s equity. The investment is being accounted for under the )Tj /F2 1 Tf 23.1889 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 -47.1257 -1.1192 TD ()Tj /F12 1 Tf 0.444 0 TD (Other investments.)Tj /F2 1 Tf 7.5543 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj 18.8937 -2.6907 TD (46)Tj ET endstreamendobj136 0 obj<< /Type /Page /Parent 248 0 R /Resources 137 0 R /Contents 138 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj137 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj138 0 obj<< /Length 5552 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -494.88 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 ( In July 2002, the Company amended its iron ore pellet sales agreement with Rouge Industries, Inc. \()Tj /F2 1 Tf 41.3243 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Rouge)Tj /F2 1 Tf 2.6108 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), which provides that the )Tj -44.8229 -1.1191 TD (Company will be the sole supplier of iron ore pellets to Rouge. Rouge is expected to purchase in excess of 3 million tons per y)Tj 50.6294 0 TD (ear )Tj -50.6294 -1.1192 TD (beginning in 2003, and has annual minimum obligations through 2007. The Company also loaned $10 million to Rouge on a secured )Tj T* (basis, with final maturity in 2007. The loan is classified as )Tj /F2 1 Tf 23.5799 0 TD ()Tj /F12 1 Tf 0.444 0 TD (held-to-maturity)Tj /F2 1 Tf 6.5544 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( and recorded at cost in )Tj /F2 1 Tf 9.5521 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Long-term receivables)Tj /F2 1 Tf 9.0242 0 TD ()Tj /F12 1 Tf 0.444 0 TD (, with )Tj -50.4864 -1.1192 TD (periodic interest accruing to )Tj /F2 1 Tf 11.441 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Interest income.)Tj /F2 1 Tf 6.4424 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj -18.7713 -2.524 TD ( In January 2002, the Company invested $7.4 million \($3.0 million in 2001\) in a new joint venture to acquire certain power-)Tj 50.6014 0 TD (related )Tj -50.6014 -1.1192 TD (assets in a purchase-leaseback arrangement. The investment, which is included in )Tj /F2 1 Tf 32.851 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Other investments)Tj /F2 1 Tf 7.3043 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( is accounted for utilizing the )Tj /F2 1 Tf -41.0433 -1.1192 TD ()Tj /F12 1 Tf 0.444 0 TD (equity method.)Tj /F2 1 Tf 5.9995 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj /F13 1 Tf -6.8874 -2.5955 TD (Note 2 )Tj /F6 1 Tf 2.9987 0 TD ()Tj /F13 1 Tf 0.9999 0 TD ( Investments in Associated Iron Ore Ventures)Tj /F12 1 Tf -3.9986 -2.5717 TD ( The Company)Tj /F2 1 Tf 6.9434 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s investments in associated iron ore ventures were $1.5 million, and $131.7 million at December 31, 2002 and 2001, )Tj -7.2763 -1.1192 TD (respectively. )Tj 0 -2.524 TD ( The Company)Tj /F2 1 Tf 6.9434 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s investments at December 31, 2002 primarily consisted of Wabush Iron)Tj /F2 1 Tf 28.9654 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s equity interest in certain Wabush Mines )Tj -36.5747 -1.1192 TD (related entities. The Company)Tj /F2 1 Tf 12.0529 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s investments in Empire, Tilden and Wabush Iron, previously accounted for as equity investments, have )Tj -12.3859 -1.1192 TD (been consolidated as a result of the Company)Tj /F2 1 Tf 18.1344 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s ownership increases in 2002. The Company)Tj /F2 1 Tf 18.1903 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s equity interest in Hibbing was a net )Tj -36.9906 -1.1191 TD (liability of $5.7 million at December 31, 2002, and accordingly, was reclassified to )Tj /F2 1 Tf 33.465 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Payables to associated companies.)Tj /F2 1 Tf 13.7188 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( The )Tj -48.0716 -1.1192 TD (December 31, 2001 investments of $131.7 million were comprised of Tilden, $84.5 million, Empire, $22.5 million, Wabush Iron, )Tj T* ($21.0 million and Hibbing, $3.7 million. The increase in Properties \(continuing operations\) at December 31, 2002 as compared to)Tj 51.9063 0 TD ( )Tj -51.9063 -1.1192 TD (December 31, 2001 primarily reflected the consolidation of Tilden. )Tj /F13 1 Tf 0 -2.5955 TD (Note 3 )Tj /F6 1 Tf 2.9987 0 TD ()Tj /F13 1 Tf 0.9999 0 TD ( Discontinued Operation)Tj /F12 1 Tf -3.9986 -2.5717 TD ( In the fourth quarter of 2002, the Company exited the ferrous metallics business and abandoned its 82 percent investment i)Tj 50.3494 0 TD (n CAL, an )Tj -50.3494 -1.1192 TD (HBI facility located in Trinidad and Tobago. For the year 2002, the Company reported a loss from discontinued operation of )Tj T* ($108.5 million, consisting of $97.4 million of impairment charges and $11.1 million of idle expense. In the third quarter 2002,)Tj 50.5764 0 TD ( due to )Tj -50.5764 -1.1192 TD (uncertainties concerning the HBI market, operating costs and volume, and startup timing, the Company determined that CAL was )Tj T* (impaired. Accordingly, the carrying value of the long-lived assets was written off, resulting in an impairment charge of $95.7 )Tj 50.4034 0 TD (million, )Tj -50.4034 -1.1192 TD (net of minority interest. In the fourth quarter, the Company wrote-off its remaining investment in CAL)Tj /F2 1 Tf 41.0753 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s net current assets of )Tj -41.4082 -1.1191 TD ($1.7 million, net of minority interest, resulting in total impairment charges of $97.4 million for the year. The Company expect)Tj 50.4364 0 TD (s CAL to )Tj -50.4364 -1.1192 TD (be liquidated by the CAL creditors, and accordingly, has reflected no on-going obligations of CAL. )Tj 0 -2.524 TD ( Excluding the impairment charges, the Company)Tj /F2 1 Tf 20.8571 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s share of idle costs on a pre-tax basis was $11.1 million in 2002 compared to a pre-)Tj -21.1901 -1.1192 TD (tax loss of $19.6 million in 2001 \($12.7 million after-tax\) and pre-operating expense of $13.3 million in 2000 \($8.6 million af)Tj 50.2704 0 TD (ter-tax\). )Tj -50.2704 -1.1192 TD (CAL operated for a portion of 2001 and generated net sales of $11.1 million. )Tj 27.3359 -2.6907 TD (47)Tj ET endstreamendobj139 0 obj<< /Type /Page /Parent 248 0 R /Resources 140 0 R /Contents 141 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj140 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj141 0 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1.2263 Tw [( Total)-26201.4( )-666.8($)-500.1(93.3)-12.2( )]TJ T* 29.5386 Tc 0 Tw [( )28288.5( )]TJ ET 0.5 g 450.69 786.81 22.56 -2.88 re f BT 10.079 0 0 10.079 473.49 781.77 Tm 0 g 0 Tc ( )Tj -44.4328 -2.524 TD ( All assets and liabilities of CAL have been eliminated at year-end 2002. )Tj /F13 1 Tf 0 -2.5955 TD (Note 4 )Tj /F6 1 Tf 2.9987 0 TD ()Tj /F13 1 Tf 0.9999 0 TD ( Segment Reporting)Tj /F12 1 Tf -3.9986 -2.5717 TD ( In 2002, the Company operated in one reportable segment offering iron products and services to the steel industry. The fer)Tj 50.2084 0 TD (rous )Tj -50.2084 -1.1191 TD (metallics segment, which included the Company)Tj /F2 1 Tf 19.4412 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s CAL operations, was discontinued in 2002. )Tj -19.7742 -2.5241 TD ( Included in the consolidated financial statements are the following amounts relating to geographic locations: )Tj 12 0 0 12 123.81 654.5701 Tm 0.87 Tc [( )20( )-13980( )600( )-780( )300( )600( )-780( )300( )600( )-780( )]TJ 7.439 0 0 7.439 123.81 645.2101 Tm 0 Tc 1.5244 Tw [( )-32.3( )-22583.6( )-7065.4(\(In )1524.4(Millions\))]TJ 0 -1.1292 TD 1.5244 Tc 0 Tw [( )-32.3( )-22583.6( )]TJ ET 0.5 g 345.09 637.53 143.28 -0.48 re f BT 7.439 0 0 7.439 123.81 627.6901 Tm 0 g [( )-32.3( )-22583.6( )]TJ /F13 1 Tf 31.3266 0.0323 TD 0 Tc (2002)Tj /F12 1 Tf 3.6456 -0.0323 TD 3.1375 Tw [( 2001)-1645.5( 2000)]TJ -34.9723 -1.1292 TD 1.5244 Tc 0 Tw [( )-32.3( )-22583.6( )]TJ ET 0.5 g 345.09 620.01 38.64 -0.48 re f BT 7.439 0 0 7.439 383.97 619.29 Tm 0 g 0 Tc ( )Tj ET 0.5 g 397.41 620.01 38.64 -0.48 re f BT 7.439 0 0 7.439 436.29 619.29 Tm 0 g ( )Tj ET 0.5 g 449.73 620.01 38.64 -0.48 re f BT 10.079 0 0 10.079 123.81 607.29 Tm 0 g (Revenue)Tj 7.439 0 0 7.439 159.33 610.8901 Tm (\(1\))Tj 10.079 0 0 10.079 331.65 608.0101 Tm 1.0835 Tc [( )714.4( )-928.6( )357.2( )714.4( )-928.6( )357.2( )714.4( )-928.6( )]TJ ET 0.934 g 123.81 605.13 12.96 -12.24 re f BT 10.079 0 0 10.079 123.81 594.8101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 137.01 605.13 194.4 -12.24 re f BT 10.079 0 0 10.079 137.01 594.8101 Tm 0 g (United States)Tj ET 0.934 g 331.65 605.13 13.2 -12.24 re f BT 10.079 0 0 10.079 331.65 594.8101 Tm 0 g ( )Tj ET 0.934 g 345.09 605.13 6 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 346.29 595.29 Tm 0 g ($)Tj ET 0.934 g 351.33 605.13 22.56 -12.24 re f BT 10.079 0 0 10.079 351.33 595.29 Tm 0 g (448.3)Tj ET 0.934 g 374.13 605.13 9.6 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 374.13 594.8101 Tm 0 g ( )Tj ET 0.934 g 383.97 605.13 13.2 -12.24 re f BT 10.079 0 0 10.079 383.97 594.8101 Tm 0 g ( )Tj ET 0.934 g 397.41 605.13 6 -12.24 re f BT 10.079 0 0 10.079 398.61 594.8101 Tm 0 g ($)Tj ET 0.934 g 403.65 605.13 22.56 -12.24 re f BT 10.079 0 0 10.079 403.65 594.8101 Tm 0 g (328.7)Tj ET 0.934 g 426.45 605.13 9.6 -12.24 re f BT 10.079 0 0 10.079 426.45 594.8101 Tm 0 g ( )Tj ET 0.934 g 436.29 605.13 13.2 -12.24 re f BT 10.079 0 0 10.079 436.29 594.8101 Tm 0 g ( )Tj ET 0.934 g 449.73 605.13 6 -12.24 re f BT 10.079 0 0 10.079 450.93 594.8101 Tm 0 g ($)Tj ET 0.934 g 455.97 605.13 22.56 -12.24 re f BT 10.079 0 0 10.079 455.97 594.8101 Tm 0 g (366.6)Tj ET 0.934 g 478.77 605.13 9.6 -12.24 re f BT 10.079 0 0 10.079 478.77 594.8101 Tm 0 g ( )Tj -35.2176 -1.2382 TD 1.0596 Tw [( Canada)-16312.6( )-23.9( )]TJ /F13 1 Tf 22.5736 0.0476 TD 0 Tw (145.5)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.7263 Tw [( )-357.2( )-142.9(14.1)-12.2( )-357.2( )-142.9(38.7)-12.2( )]TJ ET 0.934 g 123.81 580.17 12.96 -12.24 re f BT 10.079 0 0 10.079 123.81 569.85 Tm 0 g 0 Tw ( )Tj ET 0.934 g 137.01 580.17 194.4 -12.24 re f BT 10.079 0 0 10.079 137.01 569.85 Tm 0 g (Other Countries)Tj ET 0.934 g 331.65 580.17 13.2 -12.24 re f BT 10.079 0 0 10.079 331.65 569.85 Tm 0 g ( )Tj ET 0.934 g 345.09 580.17 6 -12.24 re f BT 10.079 0 0 10.079 345.09 569.85 Tm 0 g ( )Tj ET 0.934 g 351.33 580.17 22.56 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 361.41 570.3301 Tm 0 g (4.8)Tj ET 0.934 g 374.13 580.17 9.6 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 374.13 569.85 Tm 0 g ( )Tj ET 0.934 g 383.97 580.17 13.2 -12.24 re f BT 10.079 0 0 10.079 383.97 569.85 Tm 0 g ( )Tj ET 0.934 g 397.41 580.17 6 -12.24 re f BT 10.079 0 0 10.079 397.41 569.85 Tm 0 g ( )Tj ET 0.934 g 403.65 580.17 22.56 -12.24 re f BT 10.079 0 0 10.079 413.73 569.85 Tm 0 g (6.3)Tj ET 0.934 g 426.45 580.17 9.6 -12.24 re f BT 10.079 0 0 10.079 426.45 569.85 Tm 0 g ( )Tj ET 0.934 g 436.29 580.17 13.2 -12.24 re f BT 10.079 0 0 10.079 436.29 569.85 Tm 0 g ( )Tj ET 0.934 g 449.73 580.17 6 -12.24 re f BT 10.079 0 0 10.079 449.73 569.85 Tm 0 g ( )Tj ET 0.934 g 455.97 580.17 22.56 -12.24 re f BT 10.079 0 0 10.079 461.01 569.85 Tm 0 g (10.6)Tj ET 0.934 g 478.77 580.17 9.6 -12.24 re f BT 10.079 0 0 10.079 478.77 569.85 Tm 0 g ( )Tj -35.2176 -1.1192 TD 20.371 Tc [( )19287.5( )]TJ ET 0.5 g 351.33 562.41 22.56 -0.48 re f BT 10.079 0 0 10.079 374.13 558.5701 Tm 0 g 0.7263 Tc [( )-357.2( )]TJ ET 0.5 g 403.65 562.41 22.56 -0.48 re f BT 10.079 0 0 10.079 426.45 558.5701 Tm 0 g [( )-357.2( )]TJ ET 0.5 g 455.97 562.41 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 558.5701 Tm 0 g 0 Tc ( )Tj -35.2176 -1.2382 TD [( )-1059.6( )-1083.5(Total from Continuing Operations)-4285.1( )-1083.5( )]TJ /F13 1 Tf 22.5736 0.0476 TD (598.6)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.7263 Tw [( )-357.2( )357.2(349.1)-12.3( )-357.2( )357.2(415.9)-12.3( )]TJ ET 0.934 g 123.81 543.93 12.96 -11.04 re f BT 10.079 0 0 10.079 123.81 534.8101 Tm 0 g 0 Tw ( )Tj ET 0.934 g 137.01 543.93 194.4 -11.04 re f BT 10.079 0 0 10.079 137.01 534.8101 Tm 0 g (Discontinued Operation)Tj ET 0.934 g 331.65 543.93 13.2 -11.04 re f BT 10.079 0 0 10.079 331.65 534.8101 Tm 0 g ( )Tj ET 0.934 g 345.09 543.93 6 -11.04 re f BT 10.079 0 0 10.079 345.09 534.8101 Tm 0 g ( )Tj ET 0.934 g 351.33 543.93 22.56 -11.04 re f BT 10.079 0 0 10.079 351.33 534.8101 Tm 0 g ( )Tj ET 0.934 g 374.13 543.93 9.6 -11.04 re f BT 10.079 0 0 10.079 374.13 534.8101 Tm 0 g ( )Tj ET 0.934 g 383.97 543.93 13.2 -11.04 re f BT 10.079 0 0 10.079 383.97 534.8101 Tm 0 g ( )Tj ET 0.934 g 397.41 543.93 6 -11.04 re f BT 10.079 0 0 10.079 397.41 534.8101 Tm 0 g ( )Tj ET 0.934 g 403.65 543.93 22.56 -11.04 re f BT 10.079 0 0 10.079 408.69 534.8101 Tm 0 g (11.1)Tj ET 0.934 g 426.45 543.93 9.6 -11.04 re f BT 10.079 0 0 10.079 426.45 534.8101 Tm 0 g ( )Tj ET 0.934 g 436.29 543.93 13.2 -11.04 re f BT 10.079 0 0 10.079 436.29 534.8101 Tm 0 g ( )Tj ET 0.934 g 449.73 543.93 6 -11.04 re f BT 10.079 0 0 10.079 449.73 534.8101 Tm 0 g ( )Tj ET 0.934 g 455.97 543.93 22.56 -11.04 re f BT 10.079 0 0 10.079 455.97 534.8101 Tm 0 g ( )Tj ET 0.934 g 478.77 543.93 9.6 -11.04 re f BT 10.079 0 0 10.079 478.77 534.8101 Tm 0 g ( )Tj -35.2176 -1.1192 TD 20.371 Tc [( )19287.5( )]TJ ET 0.5 g 351.33 527.37 22.56 -0.48 re f BT 10.079 0 0 10.079 374.13 523.53 Tm 0 g 0.7263 Tc [( )-357.2( )]TJ ET 0.5 g 403.65 527.37 22.56 -0.48 re f BT 10.079 0 0 10.079 426.45 523.53 Tm 0 g [( )-357.2( )]TJ ET 0.5 g 455.97 527.37 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 523.53 Tm 0 g 0 Tc ( )Tj -35.2176 -1.2382 TD 20.371 Tc ( )Tj /F13 1 Tf 22.0735 0.0476 TD 0 Tc ($598.6)Tj /F12 1 Tf 2.7622 -0.0476 TD 0.7263 Tw [( )-476.2($360.2)-12.3( )-476.2($415.9)-12.3( )]TJ -24.8357 -1.1192 TD 20.371 Tc 0 Tw [( )19287.5( )]TJ ET 0.5 g 351.33 504.81 22.56 -2.88 re f BT 10.079 0 0 10.079 374.13 499.7701 Tm 0 g 0.7263 Tc [( )-357.2( )]TJ ET 0.5 g 403.65 504.81 22.56 -2.88 re f BT 10.079 0 0 10.079 426.45 499.7701 Tm 0 g [( )-357.2( )]TJ ET 0.5 g 455.97 504.81 22.56 -2.88 re f BT 10.079 0 0 10.079 478.77 499.7701 Tm 0 g 0 Tc ( )Tj ET 0.934 g 123.81 497.61 207.6 -12.24 re f BT 10.079 0 0 10.079 123.81 487.2901 Tm 0 g (Long-Lived Assets)Tj 7.439 0 0 7.439 201.09 490.8901 Tm (\(2\))Tj ET 0.934 g 331.65 497.61 13.2 -12.24 re f BT 10.079 0 0 10.079 331.65 487.2901 Tm 0 g ( )Tj ET 0.934 g 345.09 497.61 6 -12.24 re f BT 10.079 0 0 10.079 345.09 487.2901 Tm 0 g ( )Tj ET 0.934 g 351.33 497.61 22.56 -12.24 re f BT 10.079 0 0 10.079 351.33 487.2901 Tm 0 g ( )Tj ET 0.934 g 374.13 497.61 9.6 -12.24 re f BT 10.079 0 0 10.079 374.13 487.2901 Tm 0 g ( )Tj ET 0.934 g 383.97 497.61 13.2 -12.24 re f BT 10.079 0 0 10.079 383.97 487.2901 Tm 0 g ( )Tj ET 0.934 g 397.41 497.61 6 -12.24 re f BT 10.079 0 0 10.079 397.41 487.2901 Tm 0 g ( )Tj ET 0.934 g 403.65 497.61 22.56 -12.24 re f BT 10.079 0 0 10.079 403.65 487.2901 Tm 0 g ( )Tj ET 0.934 g 426.45 497.61 9.6 -12.24 re f BT 10.079 0 0 10.079 426.45 487.2901 Tm 0 g ( )Tj ET 0.934 g 436.29 497.61 13.2 -12.24 re f BT 10.079 0 0 10.079 436.29 487.2901 Tm 0 g ( )Tj ET 0.934 g 449.73 497.61 6 -12.24 re f BT 10.079 0 0 10.079 449.73 487.2901 Tm 0 g ( )Tj ET 0.934 g 455.97 497.61 22.56 -12.24 re f BT 10.079 0 0 10.079 455.97 487.2901 Tm 0 g ( )Tj ET 0.934 g 478.77 497.61 9.6 -12.24 re f BT 10.079 0 0 10.079 478.77 487.2901 Tm 0 g ( )Tj -35.2176 -1.2382 TD 1.0596 Tw [( United )1059.6(States)-13950.8( )]TJ /F13 1 Tf 22.0735 0.0476 TD 0 Tw ($266.0)Tj /F12 1 Tf 2.7622 -0.0476 TD 0.7263 Tw [( )-476.2($272.9)-12.3( )-476.2($296.5)-12.3( )]TJ ET 0.934 g 123.81 472.65 12.96 -12.24 re f BT 10.079 0 0 10.079 123.81 462.3301 Tm 0 g 0 Tw ( )Tj ET 0.934 g 137.01 472.65 194.4 -12.24 re f BT 10.079 0 0 10.079 137.01 462.3301 Tm 0 g (Canada)Tj ET 0.934 g 331.65 472.65 13.2 -12.24 re f BT 10.079 0 0 10.079 331.65 462.3301 Tm 0 g ( )Tj ET 0.934 g 345.09 472.65 6 -12.24 re f BT 10.079 0 0 10.079 345.09 462.3301 Tm 0 g ( )Tj ET 0.934 g 351.33 472.65 22.56 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 356.37 462.8101 Tm 0 g (12.9)Tj ET 0.934 g 374.13 472.65 9.6 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 374.13 462.3301 Tm 0 g ( )Tj ET 0.934 g 383.97 472.65 13.2 -12.24 re f BT 10.079 0 0 10.079 383.97 462.3301 Tm 0 g ( )Tj ET 0.934 g 397.41 472.65 6 -12.24 re f BT 10.079 0 0 10.079 397.41 462.3301 Tm 0 g ( )Tj ET 0.934 g 403.65 472.65 22.56 -12.24 re f BT 10.079 0 0 10.079 408.69 462.3301 Tm 0 g (15.5)Tj ET 0.934 g 426.45 472.65 9.6 -12.24 re f BT 10.079 0 0 10.079 426.45 462.3301 Tm 0 g ( )Tj ET 0.934 g 436.29 472.65 13.2 -12.24 re f BT 10.079 0 0 10.079 436.29 462.3301 Tm 0 g ( )Tj ET 0.934 g 449.73 472.65 6 -12.24 re f BT 10.079 0 0 10.079 449.73 462.3301 Tm 0 g ( )Tj ET 0.934 g 455.97 472.65 22.56 -12.24 re f BT 10.079 0 0 10.079 461.01 462.3301 Tm 0 g (15.0)Tj ET 0.934 g 478.77 472.65 9.6 -12.24 re f BT 10.079 0 0 10.079 478.77 462.3301 Tm 0 g ( )Tj -35.2176 -1.1192 TD 20.371 Tc [( )19287.5( )]TJ ET 0.5 g 351.33 454.89 22.56 -0.48 re f BT 10.079 0 0 10.079 374.13 451.0501 Tm 0 g 0.7263 Tc [( )-357.2( )]TJ ET 0.5 g 403.65 454.89 22.56 -0.48 re f BT 10.079 0 0 10.079 426.45 451.0501 Tm 0 g [( )-357.2( )]TJ ET 0.5 g 455.97 454.89 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 451.0501 Tm 0 g 0 Tc ( )Tj -35.2176 -1.2382 TD [( )-1059.6( )-1083.5(Total from Continuing Operations)-4285.1( )-1083.5( )]TJ /F13 1 Tf 22.5736 0.0476 TD (278.9)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.7263 Tw [( )-357.2( )357.2(288.4)-12.3( )-357.2( )357.2(311.5)-12.3( )]TJ ET 0.934 g 123.81 436.41 12.96 -11.04 re f BT 10.079 0 0 10.079 123.81 427.2901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 137.01 436.41 194.4 -11.04 re f BT 10.079 0 0 10.079 137.01 427.2901 Tm 0 g (Discontinued Operation)Tj ET 0.934 g 331.65 436.41 13.2 -11.04 re f BT 10.079 0 0 10.079 331.65 427.2901 Tm 0 g ( )Tj ET 0.934 g 345.09 436.41 6 -11.04 re f BT 10.079 0 0 10.079 345.09 427.2901 Tm 0 g ( )Tj ET 0.934 g 351.33 436.41 22.56 -11.04 re f BT 10.079 0 0 10.079 351.33 427.2901 Tm 0 g ( )Tj ET 0.934 g 374.13 436.41 9.6 -11.04 re f BT 10.079 0 0 10.079 374.13 427.2901 Tm 0 g ( )Tj ET 0.934 g 383.97 436.41 13.2 -11.04 re f BT 10.079 0 0 10.079 383.97 427.2901 Tm 0 g ( )Tj ET 0.934 g 397.41 436.41 6 -11.04 re f BT 10.079 0 0 10.079 397.41 427.2901 Tm 0 g ( )Tj ET 0.934 g 403.65 436.41 22.56 -11.04 re f BT 10.079 0 0 10.079 403.65 427.2901 Tm 0 g (122.9)Tj ET 0.934 g 426.45 436.41 9.6 -11.04 re f BT 10.079 0 0 10.079 426.45 427.2901 Tm 0 g ( )Tj ET 0.934 g 436.29 436.41 13.2 -11.04 re f BT 10.079 0 0 10.079 436.29 427.2901 Tm 0 g ( )Tj ET 0.934 g 449.73 436.41 6 -11.04 re f BT 10.079 0 0 10.079 449.73 427.2901 Tm 0 g ( )Tj ET 0.934 g 455.97 436.41 22.56 -11.04 re f BT 10.079 0 0 10.079 455.97 427.2901 Tm 0 g (119.1)Tj ET 0.934 g 478.77 436.41 9.6 -11.04 re f BT 10.079 0 0 10.079 478.77 427.2901 Tm 0 g ( )Tj -35.2176 -1.1192 TD 20.371 Tc [( )19287.5( )]TJ ET 0.5 g 351.33 419.85 22.56 -0.48 re f BT 10.079 0 0 10.079 374.13 416.0101 Tm 0 g 0.7263 Tc [( )-357.2( )]TJ ET 0.5 g 403.65 419.85 22.56 -0.48 re f BT 10.079 0 0 10.079 426.45 416.0101 Tm 0 g [( )-357.2( )]TJ ET 0.5 g 455.97 419.85 22.56 -0.48 re f BT 10.079 0 0 10.079 478.77 416.0101 Tm 0 g 0 Tc ( )Tj -35.2176 -1.2382 TD 20.371 Tc ( )Tj /F13 1 Tf 22.0735 0.0476 TD 0 Tc ($278.9)Tj /F12 1 Tf 2.7622 -0.0476 TD 0.7263 Tw [( )-476.2($411.3)-12.3( )-476.2($430.6)-12.3( )]TJ -24.8357 -1.1192 TD 20.371 Tc 0 Tw [( )19287.5( )]TJ ET 0.5 g 351.33 397.29 22.56 -2.88 re f BT 10.079 0 0 10.079 374.13 392.2501 Tm 0 g 0.7263 Tc [( )-357.2( )]TJ ET 0.5 g 403.65 397.29 22.56 -2.88 re f BT 10.079 0 0 10.079 426.45 392.2501 Tm 0 g [( )-357.2( )]TJ ET 0.5 g 455.97 397.29 22.56 -2.88 re f BT 10.079 0 0 10.079 478.77 392.2501 Tm 0 g 0 Tc ( )Tj ET 0.5 g 25.65 374.25 100.8 -0.48 re f BT 10.079 0 0 10.079 25.65 362.7301 Tm 0 g [(\(1\) )-1107.3(Revenue is attributed to countries based on the location of the customer and includes both )]TJ /F2 1 Tf 38.7108 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Product sales and services)Tj /F2 1 Tf 10.469 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( and )Tj /F2 1 Tf -47.5437 -1.1192 TD ()Tj /F12 1 Tf 0.444 0 TD (Royalties and management fees)Tj /F2 1 Tf 12.6908 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( revenues.)Tj -16.1028 -1.1192 TD ( )Tj T* [(\(2\) )-1107.3(Net properties include Company)]TJ /F2 1 Tf 15.5489 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s share of unconsolidated ventures.)Tj 11.4541 -2.6907 TD (48)Tj ET endstreamendobj142 0 obj<< /Type /Page /Parent 248 0 R /Resources 143 0 R /Contents 144 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj143 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj144 0 obj<< /Length 16229 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -655.44 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 Company)Tj /F2 1 Tf 17.6374 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s significant customers measured as a percent of )Tj /F2 1 Tf 19.5492 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Product sales and services)Tj /F2 1 Tf 10.4691 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( and )Tj /F2 1 Tf 1.9438 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Royalties )Tj -51.2644 -1.1191 TD (and management fees)Tj /F2 1 Tf 8.6632 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( revenues from continuing operations: )Tj 12 0 0 12 151.89 928.89 Tm 0.23 Tc [( )-14900( )-500( )-780( )-360( )-380( )-780( )-240( )-500( )-780( )]TJ 7.439 0 0 7.439 151.89 919.53 Tm 0 Tc [( )-24559.7( )-4686.1(Percent of Revenues)]TJ 0 -1.1292 TD 24.5597 Tc ( )Tj ET 0.5 g 348.21 911.85 112.08 -0.48 re f BT /F13 1 Tf 7.439 0 0 7.439 151.89 902.25 Tm 0 g 0 Tc (Customer)Tj /F12 1 Tf 24.8097 -0.0323 TD ( )Tj /F13 1 Tf 2.6132 0.0323 TD (2002)Tj /F12 1 Tf 3.1294 -0.0323 TD 2.0729 Tw [( 2001)-1032.5( )-225.8(2000)]TJ ET 0.5 g 151.89 894.33 184.32 -0.48 re f BT 7.439 0 0 7.439 336.45 893.61 Tm 0 g 0 Tw ( )Tj ET 0.5 g 348.21 894.33 30.72 -0.48 re f BT 7.439 0 0 7.439 379.17 893.61 Tm 0 g ( )Tj ET 0.5 g 389.49 894.33 29.28 -0.48 re f BT 7.439 0 0 7.439 419.01 893.61 Tm 0 g ( )Tj ET 0.5 g 430.77 894.33 29.52 -0.48 re f 0.934 g 151.89 891.93 184.32 -12.24 re f BT 10.079 0 0 10.079 151.89 881.61 Tm 0 g -0.0001 Tc (ISG)Tj ET 0.934 g 336.45 891.93 11.52 -12.24 re f BT 10.079 0 0 10.079 336.45 881.61 Tm 0 g 0 Tc ( )Tj ET 0.934 g 348.21 891.93 5.52 -12.24 re f BT 10.079 0 0 10.079 351.33 881.61 Tm 0 g ( )Tj ET 0.934 g 353.97 891.93 14.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 359.01 882.0901 Tm 0 g (20)Tj ET 0.934 g 369.09 891.93 9.84 -12.24 re f BT 10.079 0 0 10.079 369.09 882.0901 Tm 0 g (%)Tj ET 0.934 g 379.17 891.93 10.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 379.17 881.61 Tm 0 g ( )Tj ET 0.934 g 389.49 891.93 5.52 -12.24 re f BT 10.079 0 0 10.079 389.49 881.61 Tm 0 g ( )Tj ET 0.934 g 395.25 891.93 14.88 -12.24 re f BT 10.079 0 0 10.079 395.25 881.61 Tm 0 g ( )Tj ET 0.934 g 410.37 891.93 8.4 -12.24 re f BT 10.079 0 0 10.079 410.37 881.61 Tm 0 g ( )Tj ET 0.934 g 419.01 891.93 11.52 -12.24 re f BT 10.079 0 0 10.079 419.01 881.61 Tm 0 g ( )Tj ET 0.934 g 430.77 891.93 5.52 -12.24 re f BT 10.079 0 0 10.079 430.77 881.61 Tm 0 g ( )Tj ET 0.934 g 436.53 891.93 14.88 -12.24 re f BT 10.079 0 0 10.079 436.53 881.61 Tm 0 g ( )Tj ET 0.934 g 451.65 891.93 8.64 -12.24 re f BT 10.079 0 0 10.079 451.65 881.61 Tm 0 g ( )Tj -29.7409 -1.2382 TD [(Weirton Steel Company)-8646.1( )-916.8( )]TJ /F13 1 Tf 20.5496 0.0476 TD (19)Tj /F12 1 Tf 1.0001 -0.0476 TD 0.0001 Tc 0.5119 Tw [( )-238.1( )-571.5( 25%)-24.1( )-714.3( 20%)]TJ ET 0.934 g 151.89 866.97 184.32 -12.24 re f BT 10.079 0 0 10.079 151.89 856.65 Tm 0 g 0 Tc 0 Tw (Algoma)Tj ET 0.934 g 336.45 866.97 11.52 -12.24 re f BT 10.079 0 0 10.079 336.45 856.65 Tm 0 g ( )Tj ET 0.934 g 348.21 866.97 5.52 -12.24 re f BT 10.079 0 0 10.079 348.21 856.65 Tm 0 g ( )Tj ET 0.934 g 353.97 866.97 14.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 359.01 857.13 Tm 0 g (16)Tj ET 0.934 g 369.09 866.97 9.84 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 369.09 856.65 Tm 0 g ( )Tj ET 0.934 g 379.17 866.97 10.08 -12.24 re f BT 10.079 0 0 10.079 379.17 856.65 Tm 0 g ( )Tj ET 0.934 g 389.49 866.97 5.52 -12.24 re f BT 10.079 0 0 10.079 389.49 856.65 Tm 0 g ( )Tj ET 0.934 g 395.25 866.97 14.88 -12.24 re f BT 10.079 0 0 10.079 405.33 856.65 Tm 0 g (5)Tj ET 0.934 g 410.37 866.97 8.4 -12.24 re f BT 10.079 0 0 10.079 410.37 856.65 Tm 0 g ( )Tj ET 0.934 g 419.01 866.97 11.52 -12.24 re f BT 10.079 0 0 10.079 419.01 856.65 Tm 0 g ( )Tj ET 0.934 g 430.77 866.97 5.52 -12.24 re f BT 10.079 0 0 10.079 430.77 856.65 Tm 0 g ( )Tj ET 0.934 g 436.53 866.97 14.88 -12.24 re f BT 10.079 0 0 10.079 446.61 856.65 Tm 0 g (6)Tj ET 0.934 g 451.65 866.97 8.64 -12.24 re f BT 10.079 0 0 10.079 451.65 856.65 Tm 0 g ( )Tj -29.7409 -1.2382 TD 0.9168 Tw [(Rouge)-15700.5( )]TJ /F13 1 Tf 21.0496 0.0476 TD 0 Tw (9)Tj /F12 1 Tf 0.5 -0.0476 TD 0.0001 Tc 0.8214 Tw [( )71.4( )47.6( 10 )214.3( )-95.3( 14 )]TJ ET 0.934 g 151.89 842.01 184.32 -12.24 re f BT 10.079 0 0 10.079 151.89 831.6901 Tm 0 g 0 Tc 0 Tw (AK Steel Company)Tj ET 0.934 g 336.45 842.01 11.52 -12.24 re f BT 10.079 0 0 10.079 336.45 831.6901 Tm 0 g ( )Tj ET 0.934 g 348.21 842.01 5.52 -12.24 re f BT 10.079 0 0 10.079 348.21 831.6901 Tm 0 g ( )Tj ET 0.934 g 353.97 842.01 14.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 364.05 832.17 Tm 0 g (7)Tj ET 0.934 g 369.09 842.01 9.84 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 369.09 831.6901 Tm 0 g ( )Tj ET 0.934 g 379.17 842.01 10.08 -12.24 re f BT 10.079 0 0 10.079 379.17 831.6901 Tm 0 g ( )Tj ET 0.934 g 389.49 842.01 5.52 -12.24 re f BT 10.079 0 0 10.079 389.49 831.6901 Tm 0 g ( )Tj ET 0.934 g 395.25 842.01 14.88 -12.24 re f BT 10.079 0 0 10.079 400.29 831.6901 Tm 0 g (14)Tj ET 0.934 g 410.37 842.01 8.4 -12.24 re f BT 10.079 0 0 10.079 410.37 831.6901 Tm 0 g ( )Tj ET 0.934 g 419.01 842.01 11.52 -12.24 re f BT 10.079 0 0 10.079 419.01 831.6901 Tm 0 g ( )Tj ET 0.934 g 430.77 842.01 5.52 -12.24 re f BT 10.079 0 0 10.079 430.77 831.6901 Tm 0 g ( )Tj ET 0.934 g 436.53 842.01 14.88 -12.24 re f BT 10.079 0 0 10.079 441.57 831.6901 Tm 0 g (15)Tj ET 0.934 g 451.65 842.01 8.64 -12.24 re f BT 10.079 0 0 10.079 451.65 831.6901 Tm 0 g ( )Tj -29.7409 -1.2382 TD [(WCI Steel, Inc.)-12090.8( )-916.8( )]TJ /F13 1 Tf 21.0496 0.0476 TD (7)Tj /F12 1 Tf 0.5 -0.0476 TD 0.0001 Tc 0.8214 Tw [( )71.4( )47.6( 10 )214.3( )-95.3( 10 )]TJ ET 0.934 g 151.89 817.05 184.32 -11.04 re f BT 10.079 0 0 10.079 151.89 807.9301 Tm 0 g -0.0001 Tc 0 Tw (LTV)Tj ET 0.934 g 336.45 817.05 11.52 -11.04 re f BT 10.079 0 0 10.079 336.45 807.9301 Tm 0 g 0 Tc ( )Tj ET 0.934 g 348.21 817.05 5.52 -11.04 re f BT 10.079 0 0 10.079 348.21 807.9301 Tm 0 g ( )Tj ET 0.934 g 353.97 817.05 14.88 -11.04 re f BT 10.079 0 0 10.079 353.97 807.9301 Tm 0 g ( )Tj ET 0.934 g 369.09 817.05 9.84 -11.04 re f BT 10.079 0 0 10.079 369.09 807.9301 Tm 0 g ( )Tj ET 0.934 g 379.17 817.05 10.08 -11.04 re f BT 10.079 0 0 10.079 379.17 807.9301 Tm 0 g ( )Tj ET 0.934 g 389.49 817.05 5.52 -11.04 re f BT 10.079 0 0 10.079 389.49 807.9301 Tm 0 g ( )Tj ET 0.934 g 395.25 817.05 14.88 -11.04 re f BT 10.079 0 0 10.079 400.29 807.9301 Tm 0 g (11)Tj ET 0.934 g 410.37 817.05 8.4 -11.04 re f BT 10.079 0 0 10.079 410.37 807.9301 Tm 0 g ( )Tj ET 0.934 g 419.01 817.05 11.52 -11.04 re f BT 10.079 0 0 10.079 419.01 807.9301 Tm 0 g ( )Tj ET 0.934 g 430.77 817.05 5.52 -11.04 re f BT 10.079 0 0 10.079 430.77 807.9301 Tm 0 g ( )Tj ET 0.934 g 436.53 817.05 14.88 -11.04 re f BT 10.079 0 0 10.079 446.61 807.9301 Tm 0 g (3)Tj ET 0.934 g 451.65 817.05 8.64 -11.04 re f BT 10.079 0 0 10.079 451.65 807.9301 Tm 0 g ( )Tj -29.7409 -1.2382 TD 0.9168 Tw [(Others)-15645.5( )]TJ /F13 1 Tf 20.5496 0.0476 TD 0 Tw (22)Tj /F12 1 Tf 1.0001 -0.0476 TD 0.0001 Tc 0.8214 Tw [( )71.4( )47.6( 25 )214.3( )-95.3( 32 )]TJ -21.5497 -1.1192 TD 18.0613 Tc 0 Tw [( )17144.5( )]TJ ET 0.5 g 353.97 788.01 14.88 -0.48 re f BT 10.079 0 0 10.079 369.09 784.17 Tm 0 g 0.7501 Tc [( )-23.8( )]TJ ET 0.5 g 395.25 788.01 14.88 -0.48 re f BT 10.079 0 0 10.079 410.37 784.17 Tm 0 g 0.6072 Tc [( )-309.6( )]TJ ET 0.5 g 436.53 788.01 14.88 -0.48 re f BT 10.079 0 0 10.079 451.65 784.17 Tm 0 g 0 Tc ( )Tj ET 0.934 g 151.89 782.01 184.32 -12.24 re f BT 10.079 0 0 10.079 151.89 771.6901 Tm 0 g ( )Tj ET 0.934 g 336.45 782.01 11.52 -12.24 re f BT 10.079 0 0 10.079 336.45 771.6901 Tm 0 g ( )Tj ET 0.934 g 348.21 782.01 5.52 -12.24 re f BT 10.079 0 0 10.079 351.33 771.6901 Tm 0 g ( )Tj ET 0.934 g 353.97 782.01 14.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 353.97 772.17 Tm 0 g (100)Tj ET 0.934 g 369.09 782.01 9.84 -12.24 re f BT 10.079 0 0 10.079 369.09 772.17 Tm 0 g (%)Tj ET 0.934 g 379.17 782.01 10.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 379.17 771.6901 Tm 0 g ( )Tj ET 0.934 g 389.49 782.01 5.52 -12.24 re f BT 10.079 0 0 10.079 392.61 771.6901 Tm 0 g ( )Tj ET 0.934 g 395.25 782.01 14.88 -12.24 re f BT 10.079 0 0 10.079 395.25 771.6901 Tm 0 g (100)Tj ET 0.934 g 410.37 782.01 8.4 -12.24 re f BT 10.079 0 0 10.079 410.37 771.6901 Tm 0 g (%)Tj ET 0.934 g 419.01 782.01 11.52 -12.24 re f BT 10.079 0 0 10.079 419.01 771.6901 Tm 0 g ( )Tj ET 0.934 g 430.77 782.01 5.52 -12.24 re f BT 10.079 0 0 10.079 433.89 771.6901 Tm 0 g ( )Tj ET 0.934 g 436.53 782.01 14.88 -12.24 re f BT 10.079 0 0 10.079 436.53 771.6901 Tm 0 g (100)Tj ET 0.934 g 451.65 782.01 8.64 -12.24 re f BT 10.079 0 0 10.079 451.65 771.6901 Tm 0 g (%)Tj -29.7409 -1.1192 TD 18.0613 Tc [( )17144.5( )]TJ ET 0.5 g 353.97 765.45 14.88 -2.88 re f BT 10.079 0 0 10.079 369.09 760.41 Tm 0 g 0.7501 Tc [( )-23.8( )]TJ ET 0.5 g 395.25 765.45 14.88 -2.88 re f BT 10.079 0 0 10.079 410.37 760.41 Tm 0 g 0.6072 Tc [( )-309.6( )]TJ ET 0.5 g 436.53 765.45 14.88 -2.88 re f BT 10.079 0 0 10.079 451.65 760.41 Tm 0 g 0 Tc ( )Tj /F13 1 Tf -42.2659 -2.5955 TD (Note 5 )Tj /F6 1 Tf 2.9987 0 TD ()Tj /F13 1 Tf 0.9999 0 TD ( Environmental and Mine Closure Obligations)Tj /F12 1 Tf -3.9986 -2.5717 TD ( At December 31, 2002, the Company, including its share of unconsolidated ventures, had environmental and mine closure liab)Tj 51.8773 0 TD (ilities )Tj -51.8773 -1.1192 TD (of $95.5 million, of which $9.8 million was classified as current. Payments in 2002 were $8.3 million \(2001 )Tj /F2 1 Tf 43.4661 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( $5.6 million; 2000 )Tj /F2 1 Tf 7.9173 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( )Tj -53.3832 -1.1191 TD ($1.9 million\). Following is a summary of the obligations: )Tj 12 0 0 12 123.81 672.8101 Tm 0.41 Tc [( )-580( )-580( )-19140( )-600( )-820( )-600( )-820( )]TJ 7.439 0 0 7.439 123.81 663.4501 Tm 0 Tc 1.7503 Tw [( )-29939.3( )-2451.9({\(In )1750.3(Millions\)})]TJ 0 -1.1292 TD 1.7503 Tc 0 Tw [( )-29939.3( )]TJ ET 0.5 g 406.29 655.77 82.08 -0.48 re f BT 7.439 0 0 7.439 123.81 645.9301 Tm 0 g [( )-29939.3( )]TJ /F13 1 Tf 39.1986 0.0323 TD 0 Tc (2002)Tj /F12 1 Tf 3.2907 -0.0323 TD 3.0085 Tw [( 2001)]TJ -42.4893 -1.1292 TD 1.7503 Tc 0 Tw [( )-29939.3( )]TJ ET 0.5 g 406.29 638.25 33.36 -0.48 re f BT 7.439 0 0 7.439 439.89 637.53 Tm 0 g 0 Tc ( )Tj ET 0.5 g 455.01 638.25 33.36 -0.48 re f 0.934 g 123.81 635.85 267.12 -12.24 re f BT 10.079 0 0 10.079 123.81 625.53 Tm 0 g (Environmental)Tj ET 0.934 g 391.17 635.85 14.88 -12.24 re f BT 10.079 0 0 10.079 391.17 625.53 Tm 0 g ( )Tj ET 0.934 g 406.29 635.85 7.68 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 409.17 626.0101 Tm 0 g ($)Tj ET 0.934 g 414.21 635.85 17.52 -12.24 re f BT 10.079 0 0 10.079 414.21 626.0101 Tm 0 g (18.3)Tj ET 0.934 g 431.97 635.85 7.68 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 431.97 625.53 Tm 0 g ( )Tj ET 0.934 g 439.89 635.85 14.88 -12.24 re f BT 10.079 0 0 10.079 439.89 625.53 Tm 0 g ( )Tj ET 0.934 g 455.01 635.85 7.68 -12.24 re f BT 10.079 0 0 10.079 457.89 625.53 Tm 0 g ($)Tj ET 0.934 g 462.93 635.85 17.52 -12.24 re f BT 10.079 0 0 10.079 462.93 625.53 Tm 0 g (20.1)Tj ET 0.934 g 480.69 635.85 7.68 -12.24 re f BT 10.079 0 0 10.079 480.69 625.53 Tm 0 g ( )Tj -35.4081 -1.1192 TD 3.798 Tw [(Mine )3798(Closure)-21054.8( )3262.2( )]TJ ET 0.934 g 123.81 612.09 14.64 -12.24 re f BT 10.079 0 0 10.079 123.81 601.7701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 138.69 612.09 252.24 -12.24 re f BT 10.079 0 0 10.079 138.69 601.7701 Tm 0 g (LTV Steel Mining Company)Tj ET 0.934 g 391.17 612.09 14.88 -12.24 re f BT 10.079 0 0 10.079 391.17 601.7701 Tm 0 g ( )Tj ET 0.934 g 406.29 612.09 7.68 -12.24 re f BT 10.079 0 0 10.079 406.29 601.7701 Tm 0 g ( )Tj ET 0.934 g 414.21 612.09 17.52 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 414.21 602.2501 Tm 0 g (41.1)Tj ET 0.934 g 431.97 612.09 7.68 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 431.97 601.7701 Tm 0 g ( )Tj ET 0.934 g 439.89 612.09 14.88 -12.24 re f BT 10.079 0 0 10.079 439.89 601.7701 Tm 0 g ( )Tj ET 0.934 g 455.01 612.09 7.68 -12.24 re f BT 10.079 0 0 10.079 455.01 601.7701 Tm 0 g ( )Tj ET 0.934 g 462.93 612.09 17.52 -12.24 re f BT 10.079 0 0 10.079 462.93 601.7701 Tm 0 g (47.2)Tj ET 0.934 g 480.69 612.09 7.68 -12.24 re f BT 10.079 0 0 10.079 480.69 601.7701 Tm 0 g ( )Tj -35.4081 -1.2382 TD 1.2263 Tw [( Operating )1226.3(Mines)-18301.6( )-23.8( )]TJ /F13 1 Tf 28.8123 0.0476 TD 0 Tw (36.1)Tj /F12 1 Tf 1.7621 -0.0476 TD 0.5358 Tw [( )-714.3( )-500(3.3)-12.1( )]TJ -30.5743 -1.1191 TD 26.2763 Tc 0 Tw [( )25026.2( )]TJ ET 0.5 g 414.21 581.85 17.52 -0.48 re f BT 10.079 0 0 10.079 431.97 578.0101 Tm 0 g 0.5358 Tc [( )-714.3( )]TJ ET 0.5 g 462.93 581.85 17.52 -0.48 re f BT 10.079 0 0 10.079 480.69 578.0101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 123.81 575.85 14.64 -12.24 re f BT 10.079 0 0 10.079 123.81 565.53 Tm 0 g ( )Tj ET 0.934 g 138.69 575.85 14.64 -12.24 re f BT 10.079 0 0 10.079 138.69 565.53 Tm 0 g ( )Tj ET 0.934 g 153.57 575.85 237.36 -12.24 re f BT 10.079 0 0 10.079 153.57 565.53 Tm 0 g (Total Mine Closure)Tj ET 0.934 g 391.17 575.85 14.88 -12.24 re f BT 10.079 0 0 10.079 391.17 565.53 Tm 0 g ( )Tj ET 0.934 g 406.29 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 406.29 565.53 Tm 0 g ( )Tj ET 0.934 g 414.21 575.85 17.52 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 414.21 566.0101 Tm 0 g (77.2)Tj ET 0.934 g 431.97 575.85 7.68 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 431.97 565.53 Tm 0 g ( )Tj ET 0.934 g 439.89 575.85 14.88 -12.24 re f BT 10.079 0 0 10.079 439.89 565.53 Tm 0 g ( )Tj ET 0.934 g 455.01 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 455.01 565.53 Tm 0 g ( )Tj ET 0.934 g 462.93 575.85 17.52 -12.24 re f BT 10.079 0 0 10.079 462.93 565.53 Tm 0 g (50.5)Tj ET 0.934 g 480.69 575.85 7.68 -12.24 re f BT 10.079 0 0 10.079 480.69 565.53 Tm 0 g ( )Tj -35.4081 -1.1191 TD 26.2763 Tc [( )25026.2( )]TJ ET 0.5 g 414.21 558.09 17.52 -0.48 re f BT 10.079 0 0 10.079 431.97 554.2501 Tm 0 g 0.5358 Tc [( )-714.3( )]TJ ET 0.5 g 462.93 558.09 17.52 -0.48 re f BT 10.079 0 0 10.079 480.69 554.2501 Tm 0 g 0 Tc ( )Tj -35.4081 -1.2382 TD [( )-1226.3( )-1226.3(Total Environmental and Mine Closure)-7854.1( )]TJ /F13 1 Tf 28.3122 0.0476 TD ($95.5)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.5358 Tw [( )-1000.1($70.6)-12.2( )]TJ -30.5743 -1.1192 TD 26.2763 Tc 0 Tw [( )25026.2( )]TJ ET 0.5 g 414.21 535.53 17.52 -2.88 re f BT 10.079 0 0 10.079 431.97 530.4901 Tm 0 g 0.5358 Tc [( )-714.3( )]TJ ET 0.5 g 462.93 535.53 17.52 -2.88 re f BT 10.079 0 0 10.079 480.69 530.4901 Tm 0 g 0 Tc ( )Tj -45.1472 -2.5241 TD (Environmental)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 504.09 m 86.13 504.09 l S BT 10.079 0 0 10.079 25.65 479.6101 Tm ( Included in the obligation are environmental liabilities of $18.3 million. The Company)Tj /F2 1 Tf 35.9397 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s obligations for known environmental )Tj -36.2727 -1.1192 TD (remediation exposures at active and closed mining operations, and other sites have been recognized based on the estimated cost )Tj 51.2634 0 TD (of )Tj -51.2634 -1.1192 TD (investigation and remediation at each site. If the cost can only be estimated as a range of possible amounts with no specific a)Tj 49.8485 0 TD (mount being )Tj -49.8485 -1.1192 TD (most likely, the minimum of the range is accrued in accordance with SFAS No. 5. Future expenditures are not discounted, and pot)Tj 52.0723 0 TD (ential )Tj -52.0723 -1.1192 TD (insurance recoveries have not been reflected. Additional environmental exposures could be incurred, the extent of which cannot )Tj 51.3993 0 TD (be )Tj -51.3993 -1.1192 TD (assessed. )Tj 0 -2.524 TD ( The environmental liability includes the Company)Tj /F2 1 Tf 21.3861 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s obligations related to seven sites which are independent of the Company)Tj /F2 1 Tf 29.6323 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s iron )Tj -51.6843 -1.1192 TD (mining operations. These include three State and Clean Water Act sites where the Company is named as a potentially responsible )Tj 52.0153 0 TD (party, )Tj -52.0153 -1.1192 TD (the Rio Tinto mine site in Nevada, where significant site clean-up activities have taken place, and the Kipling and Deer Lake s)Tj 50.5694 0 TD (ites in )Tj -50.5694 -1.1192 TD (Michigan. )Tj 27.3359 -2.6907 TD (49)Tj ET endstreamendobj145 0 obj<< /Type /Page /Parent 248 0 R /Resources 146 0 R /Contents 147 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj146 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj147 0 obj<< /Length 5368 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -464.16 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 ( In 1984, the Company entered into a Consent Judgment with the State of Michigan regarding mercury contamination in Deer La)Tj 52.6272 0 TD (ke. )Tj -52.6272 -1.1191 TD (Although the Company has not admitted liability for the alleged contamination, it has been working with the State of Michigan s)Tj 51.5203 0 TD (ince )Tj -51.5203 -1.1192 TD (1984 to evaluate the environmental and resource impacts of mercury at the site. The Company incurred costs totaling an estimate)Tj 51.6533 0 TD (d $2 )Tj -51.6533 -1.1192 TD (million since 1984. In 1985, Deer Lake was designated as a )Tj /F2 1 Tf 24.0768 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Great Lakes Area of Concern)Tj /F2 1 Tf 11.7719 0 TD ()Tj /F12 1 Tf 0.444 0 TD (, a designation which identifies the site as a )Tj -36.7367 -1.1192 TD (beneficial use impairment to be remediated. The Company has worked closely with the State of Michigan and its Department of )Tj T* (Environmental Quality \()Tj /F2 1 Tf 9.7761 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (MDEQ)Tj /F2 1 Tf 2.9437 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\) in evaluating the nature and sources of mercury at the site. In the fourth quarter of 2002, the )Tj -13.6078 -1.1192 TD (Company and MDEQ have come to conceptual agreement on the scale of a remedial action plan, which would not include dredging of )Tj T* (the contaminated sediments. Details of the agreement have yet to be negotiated; however, the Company expects that the remediati)Tj 51.9863 0 TD (on )Tj -51.9863 -1.1192 TD (costs will approximate $3 million. )Tj 0 -2.524 TD ( Additionally, in September 2002, the Company received a draft of a proposed Administrative Consent Order from the United S)Tj 52.1833 0 TD (tates )Tj -52.1833 -1.1192 TD (Environmental Protection Agency for cleanup and reimbursement of costs associated with the Milwaukee Solvay Coke plant site in )Tj T* (Milwaukee, Wisconsin. This plant was last operated by a predecessor of the Company during the years 1973 to 1983, which predece)Tj 53.0132 0 TD (ssor )Tj -53.0132 -1.1191 TD (was acquired by the Company in 1986. In January 2003, the Company completed the sale of the plant site and property to a third )Tj 51.7663 0 TD (party )Tj -51.7663 -1.1192 TD (who will assume obligations for both removal under the Administrative Consent Order with the EPA \()Tj /F2 1 Tf 40.9653 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Consent Order)Tj /F2 1 Tf 5.8595 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), which Consent )Tj -47.7127 -1.1192 TD (Order was executed by the Company and the third party, and remediation. As a result, the Company has substantially eliminated i)Tj 51.9053 0 TD (ts )Tj -51.9053 -1.1192 TD (obligations related to this site, and has adjusted its December 31, 2002 reserve accordingly. )Tj 0 -2.524 TD ( Also, the environmental obligation includes non-operating locations in Michigan, including ten former iron ore related sit)Tj 49.8795 0 TD (es and )Tj -49.8795 -1.1192 TD (twelve leased land sites and miscellaneous remediation obligations at the Company)Tj /F2 1 Tf 33.327 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s operating units. )Tj -33.6599 -2.524 TD (Mine Closure)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 25.65 706.65 m 81.09 706.65 l S BT 10.079 0 0 10.079 25.65 682.17 Tm ( The mine closure obligation of $77.2 million represents the accrued obligation at December 31, 2002 for the closed operati)Tj 50.4594 0 TD (on )Tj -50.4594 -1.1192 TD (formerly known as the LTV Steel Mining Company \(LTVSMC\), $41.1 million, and for the Company)Tj /F2 1 Tf 40.6333 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s five operating mines. The )Tj -40.9663 -1.1192 TD (LTVSMC closure obligation results from an October 2001 transaction where subsidiaries of the Company and Minnesota Power, a )Tj T* (business of Allete, Inc. acquired LTV)Tj /F2 1 Tf 15.0786 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s assets of LTVSMC in Minnesota for $25 million \(Company share $12.5 million\). As a result of )Tj -15.4116 -1.1192 TD (this transaction, the Company received a payment of $62.5 million from Minnesota Power and assumed environmental and certain )Tj T* (facility closure obligations of $50.0 million, which at December 31, 2002 have declined to $41.1 million reflecting activity to)Tj 50.2134 0 TD ( date. )Tj -50.2134 -2.524 TD ( The accrued closure obligation for the Company)Tj /F2 1 Tf 20.6331 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s active mining operations of $36.1 million reflects the adoption of SFAS No. 143 )Tj -20.9661 -1.1192 TD (effective January 1, 2002 to provide for contractual and legal obligations associated with the eventual closure of the mining o)Tj 50.1535 0 TD (perations )Tj -50.1535 -1.1191 TD (and the effects of mine ownership increases in 2002. The Company determined the obligations, based on detailed estimates, adjus)Tj 51.9043 0 TD (ted for )Tj -51.9043 -1.1192 TD (factors that an outside third party would consider \(i.e., inflation, overhead and profit\), escalated to the estimated closure d)Tj 48.6256 0 TD (ates, and then )Tj -48.6256 -1.1191 TD (discounted using a credit adjusted risk-free interest rate of 10.25 percent. The closure date, for each location, was determine)Tj 49.5385 0 TD (d based )Tj -22.2026 -2.6907 TD (50)Tj ET endstreamendobj148 0 obj<< /Type /Page /Parent 249 0 R /Resources 149 0 R /Contents 150 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj149 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj150 0 obj<< /Length 8622 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -555.12 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 (on the exhaustion date of the remaining economic iron ore reserves. The accretion of the liability and amortization of the prop)Tj 50.4024 0 TD (erty and )Tj -50.4024 -1.1191 TD (equipment will be recognized over the estimated mine lives for each location. Upon adoption on January 1, 2002, the Company)Tj /F2 1 Tf 50.9884 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s share )Tj -51.3213 -1.1192 TD (of obligation, including its unconsolidated ventures, was a present value liability, $17.1 million, a net increase to plant and)Tj 49.0196 0 TD ( equipment, )Tj -49.0196 -1.1192 TD ($.4 million, and net cumulative effect charge, $13.4 million. The net cumulative effect charge reflected the offset of $3.3 mil)Tj 49.9025 0 TD (lion of )Tj -49.9025 -1.1192 TD (accruals made under the Company)Tj /F2 1 Tf 13.8287 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s previous mine closure accrual method. The net effect of adopting the asset retirement obligation on )Tj -14.1617 -1.1191 TD (January 1, 2002 on current year results was $1.9 million. The pro forma effect, as if it had been made for 2001 and 2000, is as)Tj 50.3744 0 TD ( follows: )Tj 12 0 0 12 151.89 883.77 Tm 0.69 Tc [( )-15180( )-260( )-820( )-260( )500( )-540( )]TJ 7.439 0 0 7.439 151.89 873.6901 Tm 1.2663 Tc [( )-24487.1( )]TJ /F13 1 Tf 32.5526 0.0323 TD 0 Tc (\(In Millions\))Tj /F12 1 Tf -32.5526 -1.1614 TD 1.2663 Tc [( )-24487.1( )]TJ ET 0.5 g 367.89 866.01 92.4 -0.48 re f BT 7.439 0 0 7.439 151.89 856.17 Tm 0 g [( )-24487.1( )]TJ /F13 1 Tf 33.0043 0.0323 TD 0 Tc (Pro forma)Tj /F12 1 Tf -33.0043 -1.1614 TD 1.2663 Tc [( )-24487.1( )]TJ ET 0.5 g 367.89 848.49 92.4 -0.48 re f BT 7.439 0 0 7.439 151.89 838.65 Tm 0 g [( )-24487.1( )]TJ /F13 1 Tf 31.3589 0.0323 TD 0 Tc (2001)Tj /F12 1 Tf 4.3877 -0.0323 TD ( )Tj /F13 1 Tf 2.581 0.0323 TD (2000)Tj /F12 1 Tf -38.3275 -1.1614 TD 1.2663 Tc [( )-24487.1( )]TJ ET 0.5 g 367.89 830.97 49.68 -0.48 re f BT 7.439 0 0 7.439 417.81 830.25 Tm 0 g 0 Tc ( )Tj ET 0.5 g 429.09 830.97 31.2 -0.48 re f 0.934 g 151.89 828.57 204.48 -11.04 re f BT 10.079 0 0 10.079 151.89 819.4501 Tm 0 g (Net income \(loss\) as reported)Tj ET 0.934 g 356.61 828.57 11.04 -11.04 re f BT 10.079 0 0 10.079 356.61 819.4501 Tm 0 g ( )Tj ET 0.934 g 367.89 828.57 14.16 -11.04 re f BT 10.079 0 0 10.079 377.25 819.4501 Tm 0 g ($)Tj ET 0.934 g 382.29 828.57 20.88 -11.04 re f BT 10.079 0 0 10.079 382.29 819.4501 Tm 0 g (\(22.9)Tj ET 0.934 g 403.41 828.57 14.16 -11.04 re f BT 10.079 0 0 10.079 403.41 819.4501 Tm 0 g (\))Tj ET 0.934 g 417.81 828.57 11.04 -11.04 re f BT 10.079 0 0 10.079 417.81 819.4501 Tm 0 g ( )Tj ET 0.934 g 429.09 828.57 5.04 -11.04 re f BT 10.079 0 0 10.079 429.33 819.4501 Tm 0 g ($)Tj ET 0.934 g 434.37 828.57 17.52 -11.04 re f BT 10.079 0 0 10.079 434.37 819.4501 Tm 0 g (18.1)Tj ET 0.934 g 452.13 828.57 8.16 -11.04 re f BT 10.079 0 0 10.079 452.13 819.4501 Tm 0 g ( )Tj -29.7886 -1.1192 TD [(Effect of adoption)-13036.1( )-2035.9( )-1012(\(.8)-12.4(\))-1095.7( )-1131.1( )-678.7(\(.8)-12.4(\))]TJ T* 20.0615 Tc [( )19192.3( )]TJ ET 0.5 g 382.29 800.73 20.88 -0.48 re f BT 10.079 0 0 10.079 403.41 796.89 Tm 0 g 1.1787 Tc [( )309.5( )]TJ ET 0.5 g 434.37 800.73 17.52 -0.48 re f BT 10.079 0 0 10.079 452.13 796.89 Tm 0 g 0 Tc ( )Tj ET 0.934 g 151.89 794.73 11.04 -11.04 re f BT 10.079 0 0 10.079 151.89 785.61 Tm 0 g ( )Tj ET 0.934 g 163.17 794.73 193.2 -11.04 re f BT 10.079 0 0 10.079 163.17 785.61 Tm 0 g (Net income \(loss\))Tj ET 0.934 g 356.61 794.73 11.04 -11.04 re f BT 10.079 0 0 10.079 356.61 785.61 Tm 0 g ( )Tj ET 0.934 g 367.89 794.73 14.16 -11.04 re f BT 10.079 0 0 10.079 377.25 785.61 Tm 0 g ($)Tj ET 0.934 g 382.29 794.73 20.88 -11.04 re f BT 10.079 0 0 10.079 382.29 785.61 Tm 0 g (\(23.7)Tj ET 0.934 g 403.41 794.73 14.16 -11.04 re f BT 10.079 0 0 10.079 403.41 785.61 Tm 0 g (\))Tj ET 0.934 g 417.81 794.73 11.04 -11.04 re f BT 10.079 0 0 10.079 417.81 785.61 Tm 0 g ( )Tj ET 0.934 g 429.09 794.73 5.04 -11.04 re f BT 10.079 0 0 10.079 429.33 785.61 Tm 0 g ($)Tj ET 0.934 g 434.37 794.73 17.52 -11.04 re f BT 10.079 0 0 10.079 434.37 785.61 Tm 0 g (17.3)Tj ET 0.934 g 452.13 794.73 8.16 -11.04 re f BT 10.079 0 0 10.079 452.13 785.61 Tm 0 g ( )Tj -29.7886 -1.1191 TD 20.0615 Tc [( )19192.3( )]TJ ET 0.5 g 382.29 779.37 20.88 -2.88 re f BT 10.079 0 0 10.079 403.41 774.3301 Tm 0 g 1.1787 Tc [( )309.5( )]TJ ET 0.5 g 434.37 779.37 17.52 -2.88 re f BT 10.079 0 0 10.079 452.13 774.3301 Tm 0 g 0 Tc ( )Tj -29.7886 -1.1192 TD [(Per share \(diluted\) as reported)-8260.5( )-2035.9( )-11.9(\(2.27)-12.6(\))-1095.7( )-869.2( )-273.9(1.73)-12.2( )]TJ ET 0.934 g 151.89 760.89 204.48 -11.04 re f BT 10.079 0 0 10.079 151.89 751.77 Tm 0 g (Effect of adoption)Tj ET 0.934 g 356.61 760.89 11.04 -11.04 re f BT 10.079 0 0 10.079 356.61 751.77 Tm 0 g ( )Tj ET 0.934 g 367.89 760.89 14.16 -11.04 re f BT 10.079 0 0 10.079 379.65 751.77 Tm 0 g ( )Tj ET 0.934 g 382.29 760.89 20.88 -11.04 re f BT 10.079 0 0 10.079 387.33 751.77 Tm 0 g (\(.08)Tj ET 0.934 g 403.41 760.89 14.16 -11.04 re f BT 10.079 0 0 10.079 403.41 751.77 Tm 0 g (\))Tj ET 0.934 g 417.81 760.89 11.04 -11.04 re f BT 10.079 0 0 10.079 417.81 751.77 Tm 0 g ( )Tj ET 0.934 g 429.09 760.89 5.04 -11.04 re f BT 10.079 0 0 10.079 431.73 751.77 Tm 0 g ( )Tj ET 0.934 g 434.37 760.89 17.52 -11.04 re f BT 10.079 0 0 10.079 436.05 751.77 Tm 0 g (\(.07)Tj ET 0.934 g 452.13 760.89 8.16 -11.04 re f BT 10.079 0 0 10.079 452.13 751.77 Tm 0 g (\))Tj -29.7886 -1.1192 TD 20.0615 Tc [( )19192.3( )]TJ ET 0.5 g 382.29 744.33 20.88 -0.48 re f BT 10.079 0 0 10.079 403.41 740.4901 Tm 0 g 1.1787 Tc [( )309.5( )]TJ ET 0.5 g 434.37 744.33 17.52 -0.48 re f BT 10.079 0 0 10.079 452.13 740.4901 Tm 0 g 0 Tc ( )Tj -29.7886 -1.1191 TD 0.8692 Tw [( Total)-17081.5( )-928.6($\(2.35)-12.6(\))-1095.7( )-23.8($1.66)-12.2( )]TJ T* 20.0615 Tc 0 Tw [( )19192.3( )]TJ ET 0.5 g 382.29 722.97 20.88 -2.88 re f BT 10.079 0 0 10.079 403.41 717.9301 Tm 0 g 1.1787 Tc [( )309.5( )]TJ ET 0.5 g 434.37 722.97 17.52 -2.88 re f BT 10.079 0 0 10.079 452.13 717.9301 Tm 0 g 0 Tc ( )Tj /F13 1 Tf -42.3136 -2.5955 TD (Note 6 )Tj /F6 1 Tf 2.9987 0 TD ()Tj /F13 1 Tf 0.9999 0 TD -0.0001 Tc 0.0001 Tw ( Debt)Tj /F12 1 Tf -3.9986 -2.5717 TD 0 Tc 0 Tw ( In December 2002, the Company amended its $70 million senior unsecured note agreement. As part of the negotiation, the Com)Tj 52.5162 0 TD (pany )Tj -52.5162 -1.1192 TD (paid and expensed an amendment fee of $1.2 million. The amended agreement contains various covenants, including limitations on )Tj T* (incurrence of additional debt, leases, and disposition of assets, and a minimum EBITDA requirement and coverage ratio. The Comp)Tj 52.8202 0 TD (any )Tj -52.8202 -1.1192 TD (was in compliance with the amended covenants at December 31, 2002. The Company made a principal payment of $15 million on )Tj T* (December 31, 2002, to reduce the amount outstanding to $55 million at the end of 2002. In addition, scheduled principal payment)Tj 51.9343 0 TD (s of )Tj -51.9343 -1.1192 TD ($20 million in December 2003, $20 million in December 2004 and $15 million in December 2005 are required. Scheduled payments ma)Tj 54.5441 0 TD (y )Tj -54.5441 -1.1192 TD (be accelerated for realization of excess cash flows and certain asset sales; the notes may be paid-off at any time without pena)Tj 49.9545 0 TD (lty. The )Tj -49.9545 -1.1192 TD (interest rate remains at 7.0 percent through December 15, 2003, increases to 9.5 percent from December 15, 2003 through Decembe)Tj 52.8152 0 TD (r 14, )Tj -52.8152 -1.1192 TD (2004, and to 10.5 percent from December 14, 2004 to maturity of the agreement on December 15, 2005. )Tj 0 -2.5241 TD ( In the fourth quarter 2002, the Company repaid $100 million on its revolving credit facility and terminated the agreement.)Tj 50.0725 0 TD ( The )Tj -50.0725 -1.1192 TD (Company had no unsecured letters of credit outstanding at December 31, 2002. )Tj /F13 1 Tf 0 -2.5955 TD (Note 7 )Tj /F6 1 Tf 2.9987 0 TD ()Tj /F13 1 Tf 0.9999 0 TD ( Lease Obligations)Tj /F12 1 Tf -3.9986 -2.5717 TD ( The Company and its unconsolidated ventures lease certain mining, production, and other equipment under operating leases. )Tj 51.3213 0 TD (The )Tj -51.3213 -1.1192 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s operating lease expense, including its share of unconsolidated ventures, was $25.3 million in 2002, $13.1 million in 2001 and)Tj 50.8254 0 TD ( )Tj -55.047 -1.1192 TD ($12.9 million in 2000. )Tj 27.3359 -2.6907 TD (51)Tj ET endstreamendobj151 0 obj<< /Type /Page /Parent 249 0 R /Resources 152 0 R /Contents 153 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj152 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F6 270 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj153 0 obj<< /Length 18623 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -583.92 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 ( Assets acquired under capital leases by the Company, including its share of unconsolidated ventures, were $22.4 million an)Tj 50.6274 0 TD (d )Tj -50.6274 -1.1191 TD ($10.1 million, respectively, at December 31, 2002 and 2001. Corresponding accumulated amortization of capital leases included i)Tj 51.9043 0 TD (n )Tj -51.9043 -1.1192 TD (respective allowances for depreciation was $8.8 million and $5.0 million at December 31, 2002 and 2001, respectively. )Tj 0 -2.5241 TD ( Future minimum payments under capital leases and noncancellable operating leases, at December 31, 2002 were: )Tj 12 0 0 12 95.73 892.17 Tm 1.23 Tc [( )1000( )-17600( )980( )1060( )760( )-340( )800( )100( )960( )1060( )1220( )1220( )380( )-420( )]TJ 7.439 0 0 7.439 95.73 882.0901 Tm 0.5243 Tc [( )-30003.9( )-32.3( )96.8( )-1613.1( )-387.1( )]TJ /F13 1 Tf 41.8441 0.0323 TD 0 Tc (\(In Millions\))Tj /F12 1 Tf 7.7107 -0.0323 TD 0.1694 Tc [( )-1355( )-2645.5( )]TJ 12 0 0 12 95.73 869.61 Tm 0.23 Tc [( )-18600( )]TJ ET 0.5 g 336.45 869.37 180 -0.48 re f BT 7.439 0 0 7.439 95.73 859.53 Tm 0 g 0.5243 Tc [( )-30003.9( )]TJ /F13 1 Tf 34.9722 0.0323 TD 0 Tc (Company)Tj /F6 1 Tf 4.1673 0 TD ()Tj /F13 1 Tf 0.333 0 TD (s Share)Tj /F12 1 Tf 5.7591 -0.0323 TD ( )Tj /F13 1 Tf 4.9361 0.0323 TD (Total)Tj /F12 1 Tf -50.1678 -1.1614 TD 0.5243 Tc [( )-30003.9( )]TJ ET 0.5 g 336.45 851.85 95.52 -0.48 re f BT 7.439 0 0 7.439 432.21 851.13 Tm 0 g 0 Tc ( )Tj ET 0.5 g 438.45 851.85 78 -0.48 re f BT /F13 1 Tf 7.439 0 0 7.439 95.73 842.25 Tm 0 g (Year Ending)Tj /F12 1 Tf 31.5525 -0.0323 TD ( )Tj /F13 1 Tf 1.3228 0.0323 TD (Capital)Tj /F12 1 Tf 3.7102 -0.0323 TD ( )Tj /F13 1 Tf 3.5811 0.0323 TD (Operating)Tj /F12 1 Tf 5.0652 -0.0323 TD ( )Tj /F13 1 Tf 0.9679 0.0323 TD (Capital)Tj /F12 1 Tf 3.3553 -0.0323 TD ( )Tj /F13 1 Tf 1.5163 0.0323 TD (Operating)Tj -51.0711 -1.226 TD (December 31)Tj /F12 1 Tf 31.5525 -0.0323 TD ( )Tj /F13 1 Tf 1.4841 0.0323 TD (Leases)Tj /F12 1 Tf 3.5488 -0.0323 TD ( )Tj /F13 1 Tf 4.3554 0.0323 TD (Leases)Tj /F12 1 Tf 4.2909 -0.0323 TD ( )Tj /F13 1 Tf 1.1292 0.0323 TD (Leases)Tj /F12 1 Tf 3.194 -0.0323 TD ( )Tj /F13 1 Tf 2.2906 0.0323 TD (Leases)Tj ET 0.5 g 95.73 825.21 234.48 -0.48 re f BT /F12 1 Tf 7.439 0 0 7.439 330.45 824.4901 Tm 0 g ( )Tj ET 0.5 g 336.45 825.21 31.2 -0.48 re f BT 7.439 0 0 7.439 367.89 824.4901 Tm 0 g ( )Tj ET 0.5 g 389.73 825.21 42.24 -0.48 re f BT 7.439 0 0 7.439 432.21 824.4901 Tm 0 g ( )Tj ET 0.5 g 438.45 825.21 25.68 -0.48 re f BT 7.439 0 0 7.439 464.37 824.4901 Tm 0 g ( )Tj ET 0.5 g 467.49 825.21 48.96 -0.48 re f 0.934 g 95.73 822.81 5.52 -11.04 re f BT 10.079 0 0 10.079 95.73 813.6901 Tm 0 g ( )Tj ET 0.934 g 101.49 822.81 228.72 -11.04 re f BT 10.079 0 0 10.079 101.49 813.6901 Tm 0 g (2003)Tj ET 0.934 g 330.45 822.81 5.76 -11.04 re f BT 10.079 0 0 10.079 330.45 813.6901 Tm 0 g ( )Tj ET 0.934 g 336.45 822.81 4.8 -11.04 re f BT 10.079 0 0 10.079 336.45 813.6901 Tm 0 g ($)Tj ET 0.934 g 341.49 822.81 17.52 -11.04 re f BT 10.079 0 0 10.079 346.53 813.6901 Tm 0 g (4.1)Tj ET 0.934 g 359.25 822.81 8.4 -11.04 re f BT 10.079 0 0 10.079 359.25 813.6901 Tm 0 g ( )Tj ET 0.934 g 367.89 822.81 21.6 -11.04 re f BT 10.079 0 0 10.079 367.89 813.6901 Tm 0 g ( )Tj ET 0.934 g 389.73 822.81 7.92 -11.04 re f BT 10.079 0 0 10.079 392.85 813.6901 Tm 0 g ($)Tj ET 0.934 g 397.89 822.81 17.52 -11.04 re f BT 10.079 0 0 10.079 397.89 813.6901 Tm 0 g (24.7)Tj ET 0.934 g 415.65 822.81 16.32 -11.04 re f BT 10.079 0 0 10.079 415.65 813.6901 Tm 0 g ( )Tj ET 0.934 g 432.21 822.81 6 -11.04 re f BT 10.079 0 0 10.079 432.21 813.6901 Tm 0 g ( )Tj ET 0.934 g 438.45 822.81 4.8 -11.04 re f BT 10.079 0 0 10.079 438.45 813.6901 Tm 0 g ($)Tj ET 0.934 g 443.49 822.81 17.52 -11.04 re f BT 10.079 0 0 10.079 448.53 813.6901 Tm 0 g (6.5)Tj ET 0.934 g 461.25 822.81 2.88 -11.04 re f BT 10.079 0 0 10.079 461.25 813.6901 Tm 0 g ( )Tj ET 0.934 g 464.37 822.81 2.88 -11.04 re f BT 10.079 0 0 10.079 464.37 813.6901 Tm 0 g ( )Tj ET 0.934 g 467.49 822.81 12.96 -11.04 re f BT 10.079 0 0 10.079 475.65 813.6901 Tm 0 g ($)Tj ET 0.934 g 480.69 822.81 22.56 -11.04 re f BT 10.079 0 0 10.079 485.73 813.6901 Tm 0 g (45.0)Tj ET 0.934 g 503.49 822.81 12.96 -11.04 re f BT 10.079 0 0 10.079 503.49 813.6901 Tm 0 g ( )Tj -40.4562 -1.1192 TD 0.7501 Tw [( )428.6(2004)-20716.6( )404.8( 3.1)-12.1( )142.9( )-1166.8( )190.5(19.4)-12.2( )-642.9( )381( 4.9)-12.1( )690.5( )690.5( )-809.6(34.9)-12.2( )]TJ ET 0.934 g 95.73 800.25 5.52 -11.04 re f BT 10.079 0 0 10.079 95.73 791.13 Tm 0 g 0 Tw ( )Tj ET 0.934 g 101.49 800.25 228.72 -11.04 re f BT 10.079 0 0 10.079 101.49 791.13 Tm 0 g (2005)Tj ET 0.934 g 330.45 800.25 5.76 -11.04 re f BT 10.079 0 0 10.079 330.45 791.13 Tm 0 g ( )Tj ET 0.934 g 336.45 800.25 4.8 -11.04 re f BT 10.079 0 0 10.079 336.45 791.13 Tm 0 g ( )Tj ET 0.934 g 341.49 800.25 17.52 -11.04 re f BT 10.079 0 0 10.079 346.53 791.13 Tm 0 g (2.0)Tj ET 0.934 g 359.25 800.25 8.4 -11.04 re f BT 10.079 0 0 10.079 359.25 791.13 Tm 0 g ( )Tj ET 0.934 g 367.89 800.25 21.6 -11.04 re f BT 10.079 0 0 10.079 367.89 791.13 Tm 0 g ( )Tj ET 0.934 g 389.73 800.25 7.92 -11.04 re f BT 10.079 0 0 10.079 389.73 791.13 Tm 0 g ( )Tj ET 0.934 g 397.89 800.25 17.52 -11.04 re f BT 10.079 0 0 10.079 397.89 791.13 Tm 0 g (15.6)Tj ET 0.934 g 415.65 800.25 16.32 -11.04 re f BT 10.079 0 0 10.079 415.65 791.13 Tm 0 g ( )Tj ET 0.934 g 432.21 800.25 6 -11.04 re f BT 10.079 0 0 10.079 432.21 791.13 Tm 0 g ( )Tj ET 0.934 g 438.45 800.25 4.8 -11.04 re f BT 10.079 0 0 10.079 438.45 791.13 Tm 0 g ( )Tj ET 0.934 g 443.49 800.25 17.52 -11.04 re f BT 10.079 0 0 10.079 448.53 791.13 Tm 0 g (3.0)Tj ET 0.934 g 461.25 800.25 2.88 -11.04 re f BT 10.079 0 0 10.079 461.25 791.13 Tm 0 g ( )Tj ET 0.934 g 464.37 800.25 2.88 -11.04 re f BT 10.079 0 0 10.079 464.37 791.13 Tm 0 g ( )Tj ET 0.934 g 467.49 800.25 12.96 -11.04 re f BT 10.079 0 0 10.079 467.49 791.13 Tm 0 g ( )Tj ET 0.934 g 480.69 800.25 22.56 -11.04 re f BT 10.079 0 0 10.079 485.73 791.13 Tm 0 g (25.7)Tj ET 0.934 g 503.49 800.25 12.96 -11.04 re f BT 10.079 0 0 10.079 503.49 791.13 Tm 0 g ( )Tj -40.4562 -1.1191 TD 0.7501 Tw [( )428.6(2006)-20716.6( )404.8( 2.1)-12.1( )142.9( )-1166.8( )190.5(11.0)-12.2( )-642.9( )381( 2.7)-12.1( )690.5( )690.5( )-809.6(17.5)-12.2( )]TJ ET 0.934 g 95.73 777.69 5.52 -11.04 re f BT 10.079 0 0 10.079 95.73 768.5701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 101.49 777.69 228.72 -11.04 re f BT 10.079 0 0 10.079 101.49 768.5701 Tm 0 g (2007)Tj ET 0.934 g 330.45 777.69 5.76 -11.04 re f BT 10.079 0 0 10.079 330.45 768.5701 Tm 0 g ( )Tj ET 0.934 g 336.45 777.69 4.8 -11.04 re f BT 10.079 0 0 10.079 336.45 768.5701 Tm 0 g ( )Tj ET 0.934 g 341.49 777.69 17.52 -11.04 re f BT 10.079 0 0 10.079 346.53 768.5701 Tm 0 g (2.9)Tj ET 0.934 g 359.25 777.69 8.4 -11.04 re f BT 10.079 0 0 10.079 359.25 768.5701 Tm 0 g ( )Tj ET 0.934 g 367.89 777.69 21.6 -11.04 re f BT 10.079 0 0 10.079 367.89 768.5701 Tm 0 g ( )Tj ET 0.934 g 389.73 777.69 7.92 -11.04 re f BT 10.079 0 0 10.079 389.73 768.5701 Tm 0 g ( )Tj ET 0.934 g 397.89 777.69 17.52 -11.04 re f BT 10.079 0 0 10.079 402.93 768.5701 Tm 0 g (7.3)Tj ET 0.934 g 415.65 777.69 16.32 -11.04 re f BT 10.079 0 0 10.079 415.65 768.5701 Tm 0 g ( )Tj ET 0.934 g 432.21 777.69 6 -11.04 re f BT 10.079 0 0 10.079 432.21 768.5701 Tm 0 g ( )Tj ET 0.934 g 438.45 777.69 4.8 -11.04 re f BT 10.079 0 0 10.079 438.45 768.5701 Tm 0 g ( )Tj ET 0.934 g 443.49 777.69 17.52 -11.04 re f BT 10.079 0 0 10.079 448.53 768.5701 Tm 0 g (3.1)Tj ET 0.934 g 461.25 777.69 2.88 -11.04 re f BT 10.079 0 0 10.079 461.25 768.5701 Tm 0 g ( )Tj ET 0.934 g 464.37 777.69 2.88 -11.04 re f BT 10.079 0 0 10.079 464.37 768.5701 Tm 0 g ( )Tj ET 0.934 g 467.49 777.69 12.96 -11.04 re f BT 10.079 0 0 10.079 467.49 768.5701 Tm 0 g ( )Tj ET 0.934 g 480.69 777.69 22.56 -11.04 re f BT 10.079 0 0 10.079 485.73 768.5701 Tm 0 g (10.3)Tj ET 0.934 g 503.49 777.69 12.96 -11.04 re f BT 10.079 0 0 10.079 503.49 768.5701 Tm 0 g ( )Tj -40.4562 -1.1192 TD [( )-321.5(2008 and thereafter)-14942.1( )-345.3( )-1250.1(.8)-12( )-607.2( )-1916.9( )-559.6(10.8)-12.2( )-1393( )-369.1( )-1250.1(.8)-12( )-59.6( )-59.6( )-1559.7(11.4)-12.2( )]TJ T* 23.0379 Tc [( )22692.6( )]TJ ET 0.5 g 341.49 749.85 17.52 -0.48 re f BT 10.079 0 0 10.079 359.25 746.0101 Tm 0 g 0.6072 Tc [( )-1309.7( )]TJ ET 0.5 g 397.89 749.85 17.52 -0.48 re f BT 10.079 0 0 10.079 415.65 746.0101 Tm 0 g 1.393 Tc [( )1023.9( )]TJ ET 0.5 g 443.49 749.85 17.52 -0.48 re f BT 10.079 0 0 10.079 461.25 746.0101 Tm 0 g 0.0596 Tc ( )Tj ET 0.5 g 480.69 749.85 22.56 -0.48 re f BT 10.079 0 0 10.079 503.49 746.0101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 95.73 743.85 234.48 -11.04 re f BT 10.079 0 0 10.079 95.73 734.7301 Tm 0 g (Total minimum lease payments)Tj ET 0.934 g 330.45 743.85 5.76 -11.04 re f BT 10.079 0 0 10.079 330.45 734.7301 Tm 0 g ( )Tj ET 0.934 g 336.45 743.85 4.8 -11.04 re f BT 10.079 0 0 10.079 336.45 734.7301 Tm 0 g ( )Tj ET 0.934 g 341.49 743.85 17.52 -11.04 re f BT 10.079 0 0 10.079 341.49 734.7301 Tm 0 g (15.0)Tj ET 0.934 g 359.25 743.85 8.4 -11.04 re f BT 10.079 0 0 10.079 359.25 734.7301 Tm 0 g ( )Tj ET 0.934 g 367.89 743.85 21.6 -11.04 re f BT 10.079 0 0 10.079 367.89 734.7301 Tm 0 g ( )Tj ET 0.934 g 389.73 743.85 7.92 -11.04 re f BT 10.079 0 0 10.079 392.85 734.7301 Tm 0 g ($)Tj ET 0.934 g 397.89 743.85 17.52 -11.04 re f BT 10.079 0 0 10.079 397.89 734.7301 Tm 0 g (88.8)Tj ET 0.934 g 415.65 743.85 16.32 -11.04 re f BT 10.079 0 0 10.079 415.65 734.7301 Tm 0 g ( )Tj ET 0.934 g 432.21 743.85 6 -11.04 re f BT 10.079 0 0 10.079 432.21 734.7301 Tm 0 g ( )Tj ET 0.934 g 438.45 743.85 4.8 -11.04 re f BT 10.079 0 0 10.079 438.45 734.7301 Tm 0 g ( )Tj ET 0.934 g 443.49 743.85 17.52 -11.04 re f BT 10.079 0 0 10.079 443.49 734.7301 Tm 0 g (21.0)Tj ET 0.934 g 461.25 743.85 2.88 -11.04 re f BT 10.079 0 0 10.079 461.25 734.7301 Tm 0 g ( )Tj ET 0.934 g 464.37 743.85 2.88 -11.04 re f BT 10.079 0 0 10.079 464.37 734.7301 Tm 0 g ( )Tj ET 0.934 g 467.49 743.85 12.96 -11.04 re f BT 10.079 0 0 10.079 475.65 734.7301 Tm 0 g ($)Tj ET 0.934 g 480.69 743.85 22.56 -11.04 re f BT 10.079 0 0 10.079 480.69 734.7301 Tm 0 g (144.8)Tj ET 0.934 g 503.49 743.85 12.96 -11.04 re f BT 10.079 0 0 10.079 503.49 734.7301 Tm 0 g ( )Tj -40.4562 -1.1192 TD 23.0379 Tc [( )22692.6( )22787.9( )21525.8( )22430.7( )21121( )]TJ ET 0.5 g 397.89 728.49 17.52 -2.88 re f BT 10.079 0 0 10.079 415.65 723.4501 Tm 0 g 0.0596 Tc [( )-1333.4( )-309.5( )-190.4( )-1452.5( )]TJ ET 0.5 g 480.69 728.49 22.56 -2.88 re f BT 10.079 0 0 10.079 503.49 723.4501 Tm 0 g 0 Tc ( )Tj -40.4562 -1.1192 TD [(Amounts representing interest)-11235( )-345.3( )-750.1(2.6)-12.1( )-607.2( )-1916.9( )-559.6( )-1512.1( )-1393( )-369.1( )-750.1(3.3)-12.1( )-59.6( )-59.6( )-1059.6( )-2012.1( )]TJ T* 23.0379 Tc [( )22692.6( )]TJ ET 0.5 g 341.49 704.73 17.52 -0.48 re f BT 10.079 0 0 10.079 359.25 700.8901 Tm 0 g 0.6072 Tc [( )-1309.7( )47.6( )-904.9( )-785.8( )238.1( )]TJ ET 0.5 g 443.49 704.73 17.52 -0.48 re f BT 10.079 0 0 10.079 461.25 700.8901 Tm 0 g 0.0596 Tc [( )-1000( )-1952.5( )]TJ ET 0.934 g 95.73 698.73 234.48 -11.04 re f BT 10.079 0 0 10.079 95.73 689.61 Tm 0 g 0 Tc (Present value of net minimum lease payments)Tj ET 0.934 g 330.45 698.73 5.76 -11.04 re f BT 10.079 0 0 10.079 330.45 689.61 Tm 0 g ( )Tj ET 0.934 g 336.45 698.73 4.8 -11.04 re f BT 10.079 0 0 10.079 336.45 689.61 Tm 0 g ($)Tj ET 0.934 g 341.49 698.73 17.52 -11.04 re f BT 10.079 0 0 10.079 341.49 689.61 Tm 0 g (12.4)Tj ET 0.934 g 359.25 698.73 8.4 -11.04 re f BT 10.079 0 0 10.079 359.25 689.61 Tm 0 g ( )Tj ET 0.934 g 367.89 698.73 21.6 -11.04 re f BT 10.079 0 0 10.079 367.89 689.61 Tm 0 g ( )Tj ET 0.934 g 389.73 698.73 7.92 -11.04 re f BT 10.079 0 0 10.079 389.73 689.61 Tm 0 g ( )Tj ET 0.934 g 397.89 698.73 17.52 -11.04 re f BT 10.079 0 0 10.079 397.89 689.61 Tm 0 g ( )Tj ET 0.934 g 415.65 698.73 16.32 -11.04 re f BT 10.079 0 0 10.079 415.65 689.61 Tm 0 g ( )Tj ET 0.934 g 432.21 698.73 6 -11.04 re f BT 10.079 0 0 10.079 432.21 689.61 Tm 0 g ( )Tj ET 0.934 g 438.45 698.73 4.8 -11.04 re f BT 10.079 0 0 10.079 438.45 689.61 Tm 0 g ($)Tj ET 0.934 g 443.49 698.73 17.52 -11.04 re f BT 10.079 0 0 10.079 443.49 689.61 Tm 0 g (17.7)Tj ET 0.934 g 461.25 698.73 2.88 -11.04 re f BT 10.079 0 0 10.079 461.25 689.61 Tm 0 g ( )Tj ET 0.934 g 464.37 698.73 2.88 -11.04 re f BT 10.079 0 0 10.079 464.37 689.61 Tm 0 g ( )Tj ET 0.934 g 467.49 698.73 12.96 -11.04 re f BT 10.079 0 0 10.079 467.49 689.61 Tm 0 g ( )Tj ET 0.934 g 480.69 698.73 22.56 -11.04 re f BT 10.079 0 0 10.079 480.69 689.61 Tm 0 g ( )Tj ET 0.934 g 503.49 698.73 12.96 -11.04 re f BT 10.079 0 0 10.079 503.49 689.61 Tm 0 g ( )Tj -40.4562 -1.1192 TD 23.0379 Tc [( )22692.6( )]TJ ET 0.5 g 341.49 683.37 17.52 -2.88 re f BT 10.079 0 0 10.079 359.25 678.3301 Tm 0 g 0.6072 Tc [( )-1309.7( )47.6( )-904.9( )-785.8( )238.1( )]TJ ET 0.5 g 443.49 683.37 17.52 -2.88 re f BT 10.079 0 0 10.079 461.25 678.3301 Tm 0 g 0.0596 Tc [( )-1000( )-1952.5( )]TJ -43.2184 -2.524 TD 0 Tc ( The Company)Tj /F2 1 Tf 6.9434 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s share of total minimum lease payments, $103.8 million, is comprised of the Company)Tj /F2 1 Tf 34.9958 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s consolidated obligation of )Tj -42.6051 -1.1192 TD ($84.0 million and the Company)Tj /F2 1 Tf 12.6938 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s ownership share of unconsolidated ventures)Tj /F2 1 Tf 18.1894 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( obligations of $19.8 million, principally related to )Tj -31.5491 -1.1191 TD (Hibbing and Wabush. )Tj /F13 1 Tf 0 -2.5955 TD (Note 8 )Tj /F6 1 Tf 2.9987 0 TD ()Tj /F13 1 Tf 0.9999 0 TD ( Retirement Related Benefits)Tj /F12 1 Tf -3.9986 -2.5717 TD ( The Company and its unconsolidated ventures offer defined benefit pension plans, defined contribution pension plans and ot)Tj 51.0444 0 TD (her )Tj -51.0444 -1.1192 TD (postretirement benefit plans, primarily consisting of retiree healthcare benefits, as part of a total compensation and benefits)Tj 49.2085 0 TD ( program. The )Tj -49.2085 -1.1192 TD (following table summarizes the costs of these plans: )Tj 12 0 0 12 123.81 542.73 Tm 1.23 Tc [( )-18340( )500( )1060( )1220( )640( )700( )300( )480( )1060( )]TJ 7.439 0 0 7.439 123.81 533.3701 Tm 0 Tc 0.4275 Tw [( )-31294.4( )-903.4( )-1709.9( )258.1( )-838.8(\(In )427.5(Millions\))-248.4( )-935.6( )-1709.9( )]TJ 0 -1.1292 TD 31.7219 Tc 0 Tw ( )Tj ET 0.5 g 373.41 525.69 114.96 -0.48 re f BT 7.439 0 0 7.439 123.81 515.85 Tm 0 g ( )Tj /F13 1 Tf 34.2625 0.0323 TD 0 Tc (2002)Tj /F12 1 Tf 2.7746 -0.0323 TD 2.8472 Tw [( 2001)-1806.8( )774.3(2000)]TJ -37.037 -1.1292 TD 31.7219 Tc 0 Tw ( )Tj ET 0.5 g 373.41 508.17 25.68 -0.48 re f BT 7.439 0 0 7.439 399.33 507.45 Tm 0 g 0 Tc ( )Tj ET 0.5 g 409.41 508.17 41.04 -0.48 re f BT 7.439 0 0 7.439 450.69 507.45 Tm 0 g ( )Tj ET 0.5 g 462.69 508.17 25.68 -0.48 re f 0.934 g 123.81 505.77 237.6 -12.24 re f BT 10.079 0 0 10.079 123.81 495.4501 Tm 0 g (Defined benefit pension plans)Tj ET 0.934 g 361.65 505.77 11.52 -12.24 re f BT 10.079 0 0 10.079 361.65 495.4501 Tm 0 g ( )Tj ET 0.934 g 373.41 505.77 4.8 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 373.41 495.9301 Tm 0 g ($)Tj ET 0.934 g 378.45 505.77 17.52 -12.24 re f BT 10.079 0 0 10.079 383.49 495.9301 Tm 0 g (7.2)Tj ET 0.934 g 396.21 505.77 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 396.21 495.4501 Tm 0 g ( )Tj ET 0.934 g 399.33 505.77 9.84 -12.24 re f BT 10.079 0 0 10.079 399.33 495.4501 Tm 0 g ( )Tj ET 0.934 g 409.41 505.77 9.12 -12.24 re f BT 10.079 0 0 10.079 413.73 495.4501 Tm 0 g ($)Tj ET 0.934 g 418.77 505.77 17.52 -12.24 re f BT 10.079 0 0 10.079 423.81 495.4501 Tm 0 g (4.4)Tj ET 0.934 g 436.53 505.77 13.92 -12.24 re f BT 10.079 0 0 10.079 436.53 495.4501 Tm 0 g ( )Tj ET 0.934 g 450.69 505.77 11.76 -12.24 re f BT 10.079 0 0 10.079 450.69 495.4501 Tm 0 g ( )Tj ET 0.934 g 462.69 505.77 4.8 -12.24 re f BT 10.079 0 0 10.079 462.69 495.4501 Tm 0 g ($)Tj ET 0.934 g 467.73 505.77 17.52 -12.24 re f BT 10.079 0 0 10.079 472.77 495.4501 Tm 0 g (5.9)Tj ET 0.934 g 485.49 505.77 2.88 -12.24 re f BT 10.079 0 0 10.079 485.49 495.4501 Tm 0 g ( )Tj -35.8844 -1.2382 TD [(Defined contribution pension plans)-9516.7( )-916.8( )]TJ /F13 1 Tf 25.7644 0.0476 TD (1.9)Tj /F12 1 Tf 1.262 -0.0476 TD 0.7501 Tw [( )690.5( )-428.6(2.2)-12.1( )-404.8( )-190.5( 2.4)-12.1( )]TJ ET 0.934 g 123.81 480.81 237.6 -12.24 re f BT 10.079 0 0 10.079 123.81 470.4901 Tm 0 g 0 Tw (Other postretirement benefits)Tj ET 0.934 g 361.65 480.81 11.52 -12.24 re f BT 10.079 0 0 10.079 361.65 470.4901 Tm 0 g ( )Tj ET 0.934 g 373.41 480.81 4.8 -12.24 re f BT 10.079 0 0 10.079 373.41 470.4901 Tm 0 g ( )Tj ET 0.934 g 378.45 480.81 17.52 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 378.45 470.9701 Tm 0 g (21.5)Tj ET 0.934 g 396.21 480.81 2.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 396.21 470.4901 Tm 0 g ( )Tj ET 0.934 g 399.33 480.81 9.84 -12.24 re f BT 10.079 0 0 10.079 399.33 470.4901 Tm 0 g ( )Tj ET 0.934 g 409.41 480.81 9.12 -12.24 re f BT 10.079 0 0 10.079 409.41 470.4901 Tm 0 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Other Benefits are provided t)Tj 51.4293 0 TD (hrough )Tj -51.4293 -1.1192 TD (programs administered by insurance companies whose charges are based on benefits paid. )Tj 0 -2.524 TD ( Due to the sharp decline in the value of the equity holdings of its various pension trusts, lower interest rates utilized )Tj 47.7407 0 TD (in discounting )Tj -47.7407 -1.1191 TD (liabilities, and the Company)Tj /F2 1 Tf 11.277 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s increased ownership in mines at December 31, 2002, the Company recorded, in accordance with SFAS )Tj -11.6099 -1.1192 TD (No. 87, )Tj /F2 1 Tf 3.2217 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Employer)Tj /F2 1 Tf 3.9436 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s Accounting for Pensions)Tj /F2 1 Tf 10.526 0 TD ()Tj /F12 1 Tf 0.444 0 TD (, an additional minimum pension liability. 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508.05 861.93 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 851.61 Tm 0 g ( )Tj ET 0.934 g 519.09 861.93 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 851.61 Tm 0 g ( )Tj ET 0.934 g 530.13 861.93 25.92 -12.24 re f BT 10.079 0 0 10.079 530.1299 851.61 Tm 0 g ( )Tj ET 0.934 g 556.29 861.93 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 851.61 Tm 0 g ( )Tj -51.2668 -1.2382 TD 0.8215 Tw [( Benefits )821.5(paid)-22841( )-857.3( )]TJ 31.9078 0.0476 TD 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (30.4)Tj /F12 1 Tf 1.7621 -0.0476 TD 1.1311 Tw [(\))-1286.2( )952.5(\(19.4)-12.6(\))-500.4( )571.5( )285.8( )-1214.4( )-238.1( )-547.7( )119.1(\(2.0)-12.5(\))]TJ -34.0032 -1.1191 TD 28.9671 Tc 0 Tw [( )28121.8( )]TJ ET 0.5 g 356.13 831.69 25.92 -0.48 re f BT 10.079 0 0 10.079 382.29 827.85 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 415.17 831.69 22.56 -0.48 re f BT 10.079 0 0 10.079 437.97 827.85 Tm 0 g 0.5834 Tc [( )23.8( )]TJ ET 0.5 g 465.57 831.69 25.92 -0.48 re f BT 10.079 0 0 10.079 491.73 827.85 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 530.13 831.69 25.92 -0.48 re f BT 10.079 0 0 10.079 556.2899 827.85 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 825.69 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 815.37 Tm 0 g ( )Tj ET 0.934 g 50.37 825.69 283.44 -12.24 re f BT 10.079 0 0 10.079 50.37 815.37 Tm 0 g (Fair value of plan assets at end of year)Tj ET 0.934 g 334.05 825.69 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 815.37 Tm 0 g ( )Tj ET 0.934 g 345.09 825.69 10.8 -12.24 re f BT 10.079 0 0 10.079 345.09 815.37 Tm 0 g ( )Tj ET 0.934 g 356.13 825.69 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 359.49 815.85 Tm 0 g (424.3)Tj ET 0.934 g 382.29 825.69 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 815.37 Tm 0 g ( )Tj ET 0.934 g 398.61 825.69 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 815.37 Tm 0 g ( )Tj ET 0.934 g 409.65 825.69 5.28 -12.24 re f BT 10.079 0 0 10.079 409.65 815.37 Tm 0 g ( )Tj ET 0.934 g 415.17 825.69 22.56 -12.24 re f BT 10.079 0 0 10.079 415.17 815.37 Tm 0 g (317.9)Tj ET 0.934 g 437.97 825.69 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 815.37 Tm 0 g ( )Tj ET 0.934 g 446.37 825.69 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 815.37 Tm 0 g ( )Tj ET 0.934 g 454.53 825.69 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 815.37 Tm 0 g ( )Tj ET 0.934 g 465.57 825.69 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 473.97 815.85 Tm 0 g (48.7)Tj ET 0.934 g 491.73 825.69 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 491.73 815.37 Tm 0 g ( )Tj ET 0.934 g 508.05 825.69 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 815.37 Tm 0 g ( )Tj ET 0.934 g 519.09 825.69 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 815.37 Tm 0 g ( )Tj ET 0.934 g 530.13 825.69 25.92 -12.24 re f BT 10.079 0 0 10.079 538.53 815.37 Tm 0 g (23.2)Tj ET 0.934 g 556.29 825.69 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 815.37 Tm 0 g ( )Tj /F13 1 Tf -51.2668 -1.1906 TD (Change in benefit obligation)Tj /F12 1 Tf 29.2171 -0.0476 TD 0.8453 Tc [( )-1500.2( )-523.9( )547.6( )-1166.8( )261.9( )285.7( )-1500.2( )-523.9( )-1500.2( )]TJ ET 0.934 g 39.57 800.73 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 790.41 Tm 0 g 0 Tc ( )Tj ET 0.934 g 50.37 800.73 283.44 -12.24 re f BT 10.079 0 0 10.079 50.37 790.41 Tm 0 g (Benefit obligation at beginning of year)Tj ET 0.934 g 334.05 800.73 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 790.41 Tm 0 g ( )Tj ET 0.934 g 345.09 800.73 10.8 -12.24 re f BT 10.079 0 0 10.079 345.09 790.41 Tm 0 g ( )Tj ET 0.934 g 356.13 800.73 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 359.49 790.89 Tm 0 g (319.1)Tj ET 0.934 g 382.29 800.73 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 790.41 Tm 0 g ( )Tj ET 0.934 g 398.61 800.73 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 790.41 Tm 0 g ( )Tj ET 0.934 g 409.65 800.73 5.28 -12.24 re f BT 10.079 0 0 10.079 409.65 790.41 Tm 0 g ( )Tj ET 0.934 g 415.17 800.73 22.56 -12.24 re f BT 10.079 0 0 10.079 415.17 790.41 Tm 0 g (303.5)Tj ET 0.934 g 437.97 800.73 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 790.41 Tm 0 g ( )Tj ET 0.934 g 446.37 800.73 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 790.41 Tm 0 g ( )Tj ET 0.934 g 454.53 800.73 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 790.41 Tm 0 g ( )Tj ET 0.934 g 465.57 800.73 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 468.93 790.89 Tm 0 g (175.7)Tj ET 0.934 g 491.73 800.73 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 491.73 790.41 Tm 0 g ( )Tj ET 0.934 g 508.05 800.73 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 790.41 Tm 0 g ( )Tj ET 0.934 g 519.09 800.73 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 790.41 Tm 0 g ( )Tj ET 0.934 g 530.13 800.73 25.92 -12.24 re f BT 10.079 0 0 10.079 533.4899 790.41 Tm 0 g (142.0)Tj ET 0.934 g 556.29 800.73 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 790.41 Tm 0 g ( )Tj -51.2668 -1.2382 TD 0.8215 Tw [( Service )821.5(cost)-23286( )-23.8( )]TJ /F13 1 Tf 32.7412 0.0476 TD 0 Tw (8.4)Tj /F12 1 Tf 1.262 -0.0476 TD 1.3692 Tw [( )523.9( )71.4(6.1)-12.1( )785.8( )809.6( )]TJ /F13 1 Tf 9.5962 0.0476 TD 0 Tw (3.4)Tj /F12 1 Tf 1.262 -0.0476 TD 1.3692 Tw [( )523.9( )-809.6(2.1)-12.1( )]TJ ET 0.934 g 39.57 775.77 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 765.4501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 50.37 775.77 283.44 -12.24 re f BT 10.079 0 0 10.079 50.37 765.4501 Tm 0 g (Interest cost)Tj ET 0.934 g 334.05 775.77 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 765.4501 Tm 0 g ( )Tj ET 0.934 g 345.09 775.77 10.8 -12.24 re f BT 10.079 0 0 10.079 345.09 765.4501 Tm 0 g ( )Tj ET 0.934 g 356.13 775.77 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 364.53 765.9301 Tm 0 g (31.3)Tj ET 0.934 g 382.29 775.77 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 765.4501 Tm 0 g ( )Tj ET 0.934 g 398.61 775.77 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 765.4501 Tm 0 g ( )Tj ET 0.934 g 409.65 775.77 5.28 -12.24 re f BT 10.079 0 0 10.079 409.65 765.4501 Tm 0 g ( )Tj ET 0.934 g 415.17 775.77 22.56 -12.24 re f BT 10.079 0 0 10.079 420.21 765.4501 Tm 0 g (23.2)Tj ET 0.934 g 437.97 775.77 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 765.4501 Tm 0 g ( )Tj ET 0.934 g 446.37 775.77 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 765.4501 Tm 0 g ( )Tj ET 0.934 g 454.53 775.77 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 765.4501 Tm 0 g ( )Tj ET 0.934 g 465.57 775.77 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 473.97 765.9301 Tm 0 g (15.0)Tj ET 0.934 g 491.73 775.77 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 491.73 765.4501 Tm 0 g ( )Tj ET 0.934 g 508.05 775.77 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 765.4501 Tm 0 g ( )Tj ET 0.934 g 519.09 775.77 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 765.4501 Tm 0 g ( )Tj ET 0.934 g 530.13 775.77 25.92 -12.24 re f BT 10.079 0 0 10.079 538.53 765.4501 Tm 0 g (12.0)Tj ET 0.934 g 556.29 775.77 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 765.4501 Tm 0 g ( )Tj -51.2668 -1.2382 TD 0.8215 Tw [( Amendments)-22813( )-23.8( )]TJ /F13 1 Tf 33.2413 0.0476 TD 0 Tw (.3)Tj /F12 1 Tf 0.762 -0.0476 TD 1.3692 Tc [( )523.9( )1071.5( )-642.9( )785.8( )-23.8( )]TJ /F13 1 Tf 8.7627 0.0476 TD 0 Tc [(\(13.9)-12.6(\))]TJ /F12 1 Tf 3.7146 -0.0476 TD 0.8453 Tc [( )-1500.2( )]TJ ET 0.934 g 39.57 750.81 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 740.4901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 50.37 750.81 283.44 -12.24 re f BT 10.079 0 0 10.079 50.37 740.4901 Tm 0 g (Actuarial losses)Tj ET 0.934 g 334.05 750.81 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 740.4901 Tm 0 g ( )Tj ET 0.934 g 345.09 750.81 10.8 -12.24 re f BT 10.079 0 0 10.079 345.09 740.4901 Tm 0 g ( )Tj ET 0.934 g 356.13 750.81 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 364.53 740.9701 Tm 0 g (35.0)Tj ET 0.934 g 382.29 750.81 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 740.4901 Tm 0 g ( )Tj ET 0.934 g 398.61 750.81 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 740.4901 Tm 0 g ( )Tj ET 0.934 g 409.65 750.81 5.28 -12.24 re f BT 10.079 0 0 10.079 409.65 740.4901 Tm 0 g ( )Tj ET 0.934 g 415.17 750.81 22.56 -12.24 re f BT 10.079 0 0 10.079 425.25 740.4901 Tm 0 g (6.3)Tj ET 0.934 g 437.97 750.81 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 740.4901 Tm 0 g ( )Tj ET 0.934 g 446.37 750.81 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 740.4901 Tm 0 g ( )Tj ET 0.934 g 454.53 750.81 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 740.4901 Tm 0 g ( )Tj ET 0.934 g 465.57 750.81 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 473.97 740.9701 Tm 0 g (28.2)Tj ET 0.934 g 491.73 750.81 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 491.73 740.4901 Tm 0 g ( )Tj ET 0.934 g 508.05 750.81 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 740.4901 Tm 0 g ( )Tj ET 0.934 g 519.09 750.81 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 740.4901 Tm 0 g ( )Tj ET 0.934 g 530.13 750.81 25.92 -12.24 re f BT 10.079 0 0 10.079 538.53 740.4901 Tm 0 g (28.4)Tj ET 0.934 g 556.29 750.81 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 740.4901 Tm 0 g ( )Tj -51.2668 -1.2382 TD [( )-821.5(Effect of change in mines ownership share)-11096( )-845.3( )]TJ /F13 1 Tf 31.7411 0.0476 TD (249.1)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.3692 Tc [( )523.9( )1071.5( )-642.9( )785.8( )809.6( )]TJ /F13 1 Tf 8.5961 0.0476 TD 0 Tc (128.5)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.8453 Tc [( )-523.9( )-1500.2( )]TJ ET 0.934 g 39.57 725.85 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 715.53 Tm 0 g 0 Tc ( )Tj ET 0.934 g 50.37 725.85 283.44 -12.24 re f BT 10.079 0 0 10.079 50.37 715.53 Tm 0 g (Effect of curtailment and special termination benefits)Tj ET 0.934 g 334.05 725.85 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 715.53 Tm 0 g ( )Tj ET 0.934 g 345.09 725.85 10.8 -12.24 re f BT 10.079 0 0 10.079 345.09 715.53 Tm 0 g ( )Tj ET 0.934 g 356.13 725.85 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 374.61 716.0101 Tm 0 g (.5)Tj ET 0.934 g 382.29 725.85 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 715.53 Tm 0 g ( )Tj ET 0.934 g 398.61 725.85 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 715.53 Tm 0 g ( )Tj ET 0.934 g 409.65 725.85 5.28 -12.24 re f BT 10.079 0 0 10.079 412.53 715.53 Tm 0 g ( )Tj ET 0.934 g 415.17 725.85 22.56 -12.24 re f BT 10.079 0 0 10.079 426.93 715.53 Tm 0 g (\(.6)Tj ET 0.934 g 437.97 725.85 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 715.53 Tm 0 g (\))Tj ET 0.934 g 446.37 725.85 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 715.53 Tm 0 g ( )Tj ET 0.934 g 454.53 725.85 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 715.53 Tm 0 g ( )Tj ET 0.934 g 465.57 725.85 25.92 -12.24 re f BT 10.079 0 0 10.079 465.57 715.53 Tm 0 g ( )Tj ET 0.934 g 491.73 725.85 16.08 -12.24 re f BT 10.079 0 0 10.079 491.73 715.53 Tm 0 g ( )Tj ET 0.934 g 508.05 725.85 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 715.53 Tm 0 g ( )Tj ET 0.934 g 519.09 725.85 10.8 -12.24 re f BT 10.079 0 0 10.079 527.4899 715.53 Tm 0 g ( )Tj ET 0.934 g 530.13 725.85 25.92 -12.24 re f BT 10.079 0 0 10.079 545.2499 715.53 Tm 0 g (\(.9)Tj ET 0.934 g 556.29 725.85 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 715.53 Tm 0 g (\))Tj -51.2668 -1.2382 TD 0.8215 Tw [( Benefits )821.5(paid)-22841( )-857.3( )]TJ 31.9078 0.0476 TD 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (30.4)Tj /F12 1 Tf 1.7621 -0.0476 TD 1.1311 Tw [(\))-1286.2( )952.5(\(19.4)-12.6(\))-500.4( )-261.9( )]TJ /F13 1 Tf 8.7627 0.0476 TD 0 Tw [(\(14.1)-12.6(\))]TJ /F12 1 Tf 3.7146 -0.0476 TD 1.6788 Tw [( )666.8(\(7.9)-12.5(\))]TJ -46.4806 -1.1191 TD 28.9671 Tc 0 Tw [( )28121.8( )]TJ ET 0.5 g 356.13 695.61 25.92 -0.48 re f BT 10.079 0 0 10.079 382.29 691.7701 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 415.17 695.61 22.56 -0.48 re f BT 10.079 0 0 10.079 437.97 691.7701 Tm 0 g 0.5834 Tc [( )23.8( )]TJ ET 0.5 g 465.57 695.61 25.92 -0.48 re f BT 10.079 0 0 10.079 491.73 691.7701 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 530.13 695.61 25.92 -0.48 re f BT 10.079 0 0 10.079 556.2899 691.7701 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 689.61 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 679.29 Tm 0 g ( )Tj ET 0.934 g 50.37 689.61 283.44 -12.24 re f BT 10.079 0 0 10.079 50.37 679.29 Tm 0 g (Benefit obligation at end of year)Tj ET 0.934 g 334.05 689.61 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 679.29 Tm 0 g ( )Tj ET 0.934 g 345.09 689.61 10.8 -12.24 re f BT 10.079 0 0 10.079 345.09 679.29 Tm 0 g ( )Tj ET 0.934 g 356.13 689.61 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 359.49 679.7701 Tm 0 g (613.3)Tj ET 0.934 g 382.29 689.61 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 679.29 Tm 0 g ( )Tj ET 0.934 g 398.61 689.61 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 679.29 Tm 0 g ( )Tj ET 0.934 g 409.65 689.61 5.28 -12.24 re f BT 10.079 0 0 10.079 409.65 679.29 Tm 0 g ( )Tj ET 0.934 g 415.17 689.61 22.56 -12.24 re f BT 10.079 0 0 10.079 415.17 679.29 Tm 0 g (319.1)Tj ET 0.934 g 437.97 689.61 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 679.29 Tm 0 g ( )Tj ET 0.934 g 446.37 689.61 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 679.29 Tm 0 g ( )Tj ET 0.934 g 454.53 689.61 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 679.29 Tm 0 g ( )Tj ET 0.934 g 465.57 689.61 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 468.93 679.7701 Tm 0 g (322.8)Tj ET 0.934 g 491.73 689.61 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 491.73 679.29 Tm 0 g ( )Tj ET 0.934 g 508.05 689.61 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 679.29 Tm 0 g ( )Tj ET 0.934 g 519.09 689.61 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 679.29 Tm 0 g ( )Tj ET 0.934 g 530.13 689.61 25.92 -12.24 re f BT 10.079 0 0 10.079 533.4899 679.29 Tm 0 g (175.7)Tj ET 0.934 g 556.29 689.61 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 679.29 Tm 0 g ( )Tj -51.2668 -1.1191 TD 28.9671 Tc [( )28121.8( )]TJ ET 0.5 g 356.13 671.85 25.92 -0.48 re f BT 10.079 0 0 10.079 382.29 668.0101 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 415.17 671.85 22.56 -0.48 re f BT 10.079 0 0 10.079 437.97 668.0101 Tm 0 g 0.5834 Tc [( )23.8( )]TJ ET 0.5 g 465.57 671.85 25.92 -0.48 re f BT 10.079 0 0 10.079 491.73 668.0101 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 530.13 671.85 25.92 -0.48 re f BT 10.079 0 0 10.079 556.2899 668.0101 Tm 0 g 0 Tc ( )Tj -51.2668 -1.2382 TD [( )-821.5(Funded status of the plan \(underfunded\))-12122( )-1678.8( )]TJ 31.4078 0.0476 TD (\()Tj /F13 1 Tf 0.3334 0 TD (189.0)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.1311 Tw [(\))-1286.2( )452.4(\(1.2)-12.5(\))-500.4( )-261.9( )]TJ /F13 1 Tf 8.2627 0.0476 TD 0 Tw [(\(274.1)-12.7(\))]TJ /F12 1 Tf 4.2147 -0.0476 TD 1.6788 Tw [( )1666.9(\(152.5)-12.7(\))]TJ ET 0.934 g 39.57 653.37 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 643.05 Tm 0 g 0 Tw ( )Tj ET 0.934 g 50.37 653.37 283.44 -12.24 re f BT 10.079 0 0 10.079 50.37 643.05 Tm 0 g (Unrecognized prior service cost \(credit\))Tj ET 0.934 g 334.05 653.37 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 643.05 Tm 0 g ( )Tj ET 0.934 g 345.09 653.37 10.8 -12.24 re f BT 10.079 0 0 10.079 345.09 643.05 Tm 0 g ( )Tj ET 0.934 g 356.13 653.37 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 364.53 643.53 Tm 0 g (33.4)Tj ET 0.934 g 382.29 653.37 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 643.05 Tm 0 g ( )Tj ET 0.934 g 398.61 653.37 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 643.05 Tm 0 g ( )Tj ET 0.934 g 409.65 653.37 5.28 -12.24 re f BT 10.079 0 0 10.079 409.65 643.05 Tm 0 g ( )Tj ET 0.934 g 415.17 653.37 22.56 -12.24 re f BT 10.079 0 0 10.079 420.21 643.05 Tm 0 g (24.7)Tj ET 0.934 g 437.97 653.37 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 643.05 Tm 0 g ( )Tj ET 0.934 g 446.37 653.37 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 643.05 Tm 0 g ( )Tj ET 0.934 g 454.53 653.37 10.8 -12.24 re f BT 10.079 0 0 10.079 462.93 643.05 Tm 0 g ( )Tj ET 0.934 g 465.57 653.37 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 470.61 643.53 Tm 0 g (\(10.7)Tj ET 0.934 g 491.73 653.37 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 491.73 643.05 Tm 0 g (\))Tj ET 0.934 g 508.05 653.37 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 643.05 Tm 0 g ( )Tj ET 0.934 g 519.09 653.37 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 643.05 Tm 0 g ( )Tj ET 0.934 g 530.13 653.37 25.92 -12.24 re f BT 10.079 0 0 10.079 548.61 643.05 Tm 0 g (.6)Tj ET 0.934 g 556.29 653.37 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 643.05 Tm 0 g ( )Tj -51.2668 -1.2382 TD [( )-821.5(Unrecognized net actuarial loss)-15566.6( )-845.3( )]TJ /F13 1 Tf 31.7411 0.0476 TD (200.4)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.3692 Tw [( )523.9( )571.5(25.5)-12.2( )785.8( )809.6( )]TJ /F13 1 Tf 8.5961 0.0476 TD 0 Tw (145.3)Tj /F12 1 Tf 2.2621 -0.0476 TD 1.3692 Tw [( )523.9( )-309.6(65.1)-12.2( )]TJ ET 0.934 g 39.57 628.41 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 618.0901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 50.37 628.41 283.44 -12.24 re f BT 10.079 0 0 10.079 50.37 618.0901 Tm 0 g (Unrecognized net asset at date of adoption)Tj ET 0.934 g 334.05 628.41 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 618.0901 Tm 0 g ( )Tj ET 0.934 g 345.09 628.41 10.8 -12.24 re f BT 10.079 0 0 10.079 353.49 618.0901 Tm 0 g ( )Tj ET 0.934 g 356.13 628.41 25.92 -12.24 re f BT 10.079 0 0 10.079 361.17 618.5701 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (14.0)Tj ET 0.934 g 382.29 628.41 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 618.0901 Tm 0 g (\))Tj ET 0.934 g 398.61 628.41 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 618.0901 Tm 0 g ( )Tj ET 0.934 g 409.65 628.41 5.28 -12.24 re f BT 10.079 0 0 10.079 412.53 618.0901 Tm 0 g ( )Tj ET 0.934 g 415.17 628.41 22.56 -12.24 re f BT 10.079 0 0 10.079 416.85 618.0901 Tm 0 g (\(12.5)Tj ET 0.934 g 437.97 628.41 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 618.0901 Tm 0 g (\))Tj ET 0.934 g 446.37 628.41 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 618.0901 Tm 0 g ( )Tj ET 0.934 g 454.53 628.41 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 618.0901 Tm 0 g ( )Tj ET 0.934 g 465.57 628.41 25.92 -12.24 re f BT 10.079 0 0 10.079 465.57 618.0901 Tm 0 g ( )Tj ET 0.934 g 491.73 628.41 16.08 -12.24 re f BT 10.079 0 0 10.079 491.73 618.0901 Tm 0 g ( )Tj ET 0.934 g 508.05 628.41 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 618.0901 Tm 0 g ( )Tj ET 0.934 g 519.09 628.41 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 618.0901 Tm 0 g ( )Tj ET 0.934 g 530.13 628.41 25.92 -12.24 re f BT 10.079 0 0 10.079 530.1299 618.0901 Tm 0 g ( )Tj ET 0.934 g 556.29 628.41 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 618.0901 Tm 0 g ( )Tj -51.2668 -1.2382 TD [( )-821.5(Additional minimum liability)-16366.6( )-1678.8( )]TJ 31.4078 0.0476 TD (\()Tj /F13 1 Tf 0.3334 0 TD (185.8)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.8453 Tw [(\))-1286.2( )-285.8( )166.6(\(5.4)-12.5(\))-500.4( )285.7( )-1500.2( )-523.9( )-1500.2( )]TJ -34.0032 -1.1192 TD 28.9671 Tc 0 Tw [( )28121.8( )]TJ ET 0.5 g 356.13 598.17 25.92 -0.48 re f BT 10.079 0 0 10.079 382.29 594.3301 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 415.17 598.17 22.56 -0.48 re f BT 10.079 0 0 10.079 437.97 594.3301 Tm 0 g 0.5834 Tc [( )23.8( )]TJ ET 0.5 g 465.57 598.17 25.92 -0.48 re f BT 10.079 0 0 10.079 491.73 594.3301 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 530.13 598.17 25.92 -0.48 re f BT 10.079 0 0 10.079 556.2899 594.3301 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 592.17 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 581.85 Tm 0 g ( )Tj ET 0.934 g 50.37 592.17 283.44 -12.24 re f BT 10.079 0 0 10.079 50.37 581.85 Tm 0 g (Net prepaid benefit cost \(liability\))Tj ET 0.934 g 334.05 592.17 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 581.85 Tm 0 g ( )Tj ET 0.934 g 345.09 592.17 10.8 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 351.09 582.3301 Tm 0 g ($)Tj ET 0.934 g 356.13 592.17 25.92 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 356.13 582.3301 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (155.0)Tj ET 0.934 g 382.29 592.17 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 581.85 Tm 0 g (\))Tj ET 0.934 g 398.61 592.17 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 581.85 Tm 0 g ( )Tj ET 0.934 g 409.65 592.17 5.28 -12.24 re f BT 10.079 0 0 10.079 410.13 581.85 Tm 0 g ($)Tj ET 0.934 g 415.17 592.17 22.56 -12.24 re f BT 10.079 0 0 10.079 420.21 581.85 Tm 0 g (31.1)Tj ET 0.934 g 437.97 592.17 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 581.85 Tm 0 g ( )Tj ET 0.934 g 446.37 592.17 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 581.85 Tm 0 g ( )Tj ET 0.934 g 454.53 592.17 10.8 -12.24 re f BT 10.079 0 0 10.079 460.53 581.85 Tm 0 g ($)Tj ET 0.934 g 465.57 592.17 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 465.57 582.3301 Tm 0 g (\(139.5)Tj ET 0.934 g 491.73 592.17 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 491.73 581.85 Tm 0 g (\))Tj ET 0.934 g 508.05 592.17 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 581.85 Tm 0 g ( )Tj ET 0.934 g 519.09 592.17 10.8 -12.24 re f BT 10.079 0 0 10.079 525.09 581.85 Tm 0 g ($)Tj ET 0.934 g 530.13 592.17 25.92 -12.24 re f BT 10.079 0 0 10.079 535.1699 581.85 Tm 0 g (\(86.8)Tj ET 0.934 g 556.29 592.17 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 581.85 Tm 0 g (\))Tj -51.2668 -1.1192 TD 28.9671 Tc [( )28121.8( )]TJ ET 0.5 g 356.13 575.61 25.92 -2.88 re f BT 10.079 0 0 10.079 382.29 570.5701 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 415.17 575.61 22.56 -2.88 re f BT 10.079 0 0 10.079 437.97 570.5701 Tm 0 g 0.5834 Tc [( )23.8( )]TJ ET 0.5 g 465.57 575.61 25.92 -2.88 re f BT 10.079 0 0 10.079 491.73 570.5701 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 530.13 575.61 25.92 -2.88 re f BT 10.079 0 0 10.079 556.2899 570.5701 Tm 0 g 0 Tc ( )Tj -51.2668 -1.1192 TD (Amounts reco)Tj ET q 39.57 568.41 294.48 -11.28 re W* n BT 10.079 0 0 10.079 96.3905 559.29 Tm (g)Tj ET Q BT 10.079 0 0 10.079 101.4295 559.29 Tm (nized in the consolidated statements of financial )Tj ET q 39.57 568.41 294.48 -11.28 re W* n BT 10.079 0 0 10.079 298.2049 559.29 Tm (p)Tj ET Q BT 10.079 0 0 10.079 303.244 559.29 Tm (osition )Tj -25.4225 -1.1191 TD (including Company)Tj /F2 1 Tf 7.9163 0 TD ()Tj /F12 1 Tf 0.333 0 TD [(s share of unconsolidated ventures consist of:)-2067.3( )-845.3( )-845.3( )-2345.5( )-1369.2( )-845.3( )-297.7( )-2012.1( )-583.4( )-559.6( )-845.3( )-2345.5( )-1369.2( )-845.3( )-845.3( )-2345.5( )]TJ ET 0.934 g 39.57 545.85 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 535.53 Tm 0 g ( )Tj ET 0.934 g 50.37 545.85 10.8 -12.24 re f BT 10.079 0 0 10.079 50.37 535.53 Tm 0 g ( )Tj ET 0.934 g 61.41 545.85 272.4 -12.24 re f BT 10.079 0 0 10.079 61.41 535.53 Tm 0 g (Net prepaid benefit cost )Tj /F2 1 Tf 9.8301 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( \(liability\))Tj ET 0.934 g 334.05 545.85 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 535.53 Tm 0 g ( )Tj ET 0.934 g 345.09 545.85 10.8 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 351.09 536.0101 Tm 0 g ($)Tj ET 0.934 g 356.13 545.85 25.92 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 356.13 536.0101 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (155.0)Tj ET 0.934 g 382.29 545.85 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 535.53 Tm 0 g (\))Tj ET 0.934 g 398.61 545.85 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 535.53 Tm 0 g ( )Tj ET 0.934 g 409.65 545.85 5.28 -12.24 re f BT 10.079 0 0 10.079 410.13 535.53 Tm 0 g ($)Tj ET 0.934 g 415.17 545.85 22.56 -12.24 re f BT 10.079 0 0 10.079 420.21 535.53 Tm 0 g (31.1)Tj ET 0.934 g 437.97 545.85 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 535.53 Tm 0 g ( )Tj ET 0.934 g 446.37 545.85 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 535.53 Tm 0 g ( )Tj ET 0.934 g 454.53 545.85 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 535.53 Tm 0 g ( )Tj ET 0.934 g 465.57 545.85 25.92 -12.24 re f BT 10.079 0 0 10.079 465.57 535.53 Tm 0 g ( )Tj ET 0.934 g 491.73 545.85 16.08 -12.24 re f BT 10.079 0 0 10.079 491.73 535.53 Tm 0 g ( )Tj ET 0.934 g 508.05 545.85 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 535.53 Tm 0 g ( )Tj ET 0.934 g 519.09 545.85 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 535.53 Tm 0 g ( )Tj ET 0.934 g 530.13 545.85 25.92 -12.24 re f BT 10.079 0 0 10.079 530.1299 535.53 Tm 0 g ( )Tj ET 0.934 g 556.29 545.85 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 535.53 Tm 0 g ( )Tj -51.2668 -1.2382 TD [( )-821.5( )-845.3(Additional minimum liability)-15271.2( )-1678.8( )]TJ 31.4078 0.0476 TD (\()Tj /F13 1 Tf 0.3334 0 TD (185.8)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.8453 Tw [(\))-1286.2( )-285.8( )166.6(\(5.4)-12.5(\))-500.4( )285.7( )-1500.2( )-523.9( )-1500.2( )]TJ ET 0.934 g 39.57 520.89 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 510.5701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 50.37 520.89 10.8 -12.24 re f BT 10.079 0 0 10.079 50.37 510.5701 Tm 0 g ( )Tj ET 0.934 g 61.41 520.89 272.4 -12.24 re f BT 10.079 0 0 10.079 61.41 510.5701 Tm 0 g (Intangible asset)Tj ET 0.934 g 334.05 520.89 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 510.5701 Tm 0 g ( )Tj ET 0.934 g 345.09 520.89 10.8 -12.24 re f BT 10.079 0 0 10.079 345.09 510.5701 Tm 0 g ( )Tj ET 0.934 g 356.13 520.89 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 364.53 511.05 Tm 0 g (33.1)Tj ET 0.934 g 382.29 520.89 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 510.5701 Tm 0 g ( )Tj ET 0.934 g 398.61 520.89 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 510.5701 Tm 0 g ( )Tj ET 0.934 g 409.65 520.89 5.28 -12.24 re f BT 10.079 0 0 10.079 409.65 510.5701 Tm 0 g ( )Tj ET 0.934 g 415.17 520.89 22.56 -12.24 re f BT 10.079 0 0 10.079 425.25 510.5701 Tm 0 g (3.8)Tj ET 0.934 g 437.97 520.89 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 510.5701 Tm 0 g ( )Tj ET 0.934 g 446.37 520.89 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 510.5701 Tm 0 g ( )Tj ET 0.934 g 454.53 520.89 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 510.5701 Tm 0 g ( )Tj ET 0.934 g 465.57 520.89 25.92 -12.24 re f BT 10.079 0 0 10.079 465.57 510.5701 Tm 0 g ( )Tj ET 0.934 g 491.73 520.89 16.08 -12.24 re f BT 10.079 0 0 10.079 491.73 510.5701 Tm 0 g ( )Tj ET 0.934 g 508.05 520.89 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 510.5701 Tm 0 g ( )Tj ET 0.934 g 519.09 520.89 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 510.5701 Tm 0 g ( )Tj ET 0.934 g 530.13 520.89 25.92 -12.24 re f BT 10.079 0 0 10.079 530.1299 510.5701 Tm 0 g ( )Tj ET 0.934 g 556.29 520.89 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 510.5701 Tm 0 g ( )Tj -51.2668 -1.2382 TD [( )-821.5( )-845.3(Accumulated other comprehensive loss)-11304.6( )-845.3( )]TJ /F13 1 Tf 31.7411 0.0476 TD (111.3)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.8453 Tc [( )-523.9( )-452.5(1)845.3(.)845.3(6)833.2( )261.9( )285.7( )-1500.2( )-523.9( )-1500.2( )]TJ ET 0.934 g 39.57 495.93 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 485.6101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 50.37 495.93 10.8 -12.24 re f BT 10.079 0 0 10.079 50.37 485.6101 Tm 0 g ( )Tj ET 0.934 g 61.41 495.93 272.4 -12.24 re f BT 10.079 0 0 10.079 61.41 485.6101 Tm 0 g (Effect of change in mines ownership share)Tj ET 0.934 g 334.05 495.93 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 485.6101 Tm 0 g ( )Tj ET 0.934 g 345.09 495.93 10.8 -12.24 re f BT 10.079 0 0 10.079 345.09 485.6101 Tm 0 g ( )Tj ET 0.934 g 356.13 495.93 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 364.53 486.0901 Tm 0 g (41.4)Tj ET 0.934 g 382.29 495.93 16.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 382.29 485.6101 Tm 0 g ( )Tj ET 0.934 g 398.61 495.93 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 485.6101 Tm 0 g ( )Tj ET 0.934 g 409.65 495.93 5.28 -12.24 re f BT 10.079 0 0 10.079 409.65 485.6101 Tm 0 g ( )Tj ET 0.934 g 415.17 495.93 22.56 -12.24 re f BT 10.079 0 0 10.079 415.17 485.6101 Tm 0 g ( )Tj ET 0.934 g 437.97 495.93 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 485.6101 Tm 0 g ( )Tj ET 0.934 g 446.37 495.93 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 485.6101 Tm 0 g ( )Tj ET 0.934 g 454.53 495.93 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 485.6101 Tm 0 g ( )Tj ET 0.934 g 465.57 495.93 25.92 -12.24 re f BT 10.079 0 0 10.079 465.57 485.6101 Tm 0 g ( )Tj ET 0.934 g 491.73 495.93 16.08 -12.24 re f BT 10.079 0 0 10.079 491.73 485.6101 Tm 0 g ( )Tj ET 0.934 g 508.05 495.93 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 485.6101 Tm 0 g ( )Tj ET 0.934 g 519.09 495.93 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 485.6101 Tm 0 g ( )Tj ET 0.934 g 530.13 495.93 25.92 -12.24 re f BT 10.079 0 0 10.079 530.1299 485.6101 Tm 0 g ( )Tj ET 0.934 g 556.29 495.93 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 485.6101 Tm 0 g ( )Tj -51.2668 -1.1192 TD 28.9671 Tc [( )28121.8( )]TJ ET 0.5 g 356.13 478.17 25.92 -0.48 re f BT 10.079 0 0 10.079 382.29 474.3301 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 415.17 478.17 22.56 -0.48 re f BT 10.079 0 0 10.079 437.97 474.3301 Tm 0 g 0.8453 Tc [( )261.9( )285.7( )-1500.2( )-523.9( )-1500.2( )]TJ -39.5276 -1.2382 TD 0 Tc 0.8453 Tw [( )23.8( Net )845.3(amount )845.3(recognized)-16624.7( )]TJ /F13 1 Tf 30.9077 0.0476 TD 0 Tw ($)Tj /F12 1 Tf 0.5 0 TD (\()Tj /F13 1 Tf 0.3334 0 TD (155.0)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.8453 Tw [(\))-1286.2( )-47.7($)-500.1(31.1)-12.2( )261.9( )285.7( )-1500.2( )-523.9( )-1500.2( )]TJ -34.0032 -1.1192 TD 28.9671 Tc 0 Tw [( )28121.8( )]TJ ET 0.5 g 356.13 455.61 25.92 -2.88 re f BT 10.079 0 0 10.079 382.29 450.5701 Tm 0 g 1.3692 Tc [( )523.9( )]TJ ET 0.5 g 415.17 455.61 22.56 -2.88 re f BT 10.079 0 0 10.079 437.97 450.5701 Tm 0 g 0.8453 Tc [( )261.9( )285.7( )-1500.2( )-523.9( )-1500.2( )]TJ ET 0.934 g 39.57 448.41 294.24 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 39.57 438.5701 Tm 0 g 0 Tc (Assumptions as of December 31)Tj ET 0.934 g 334.05 448.41 10.8 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 334.05 438.0901 Tm 0 g ( )Tj ET 0.934 g 345.09 448.41 10.8 -12.24 re f BT 10.079 0 0 10.079 345.09 438.0901 Tm 0 g ( )Tj ET 0.934 g 356.13 448.41 25.92 -12.24 re f BT 10.079 0 0 10.079 356.13 438.0901 Tm 0 g ( )Tj ET 0.934 g 382.29 448.41 16.08 -12.24 re f BT 10.079 0 0 10.079 382.29 438.0901 Tm 0 g ( )Tj ET 0.934 g 398.61 448.41 10.8 -12.24 re f BT 10.079 0 0 10.079 398.61 438.0901 Tm 0 g ( )Tj ET 0.934 g 409.65 448.41 5.28 -12.24 re f BT 10.079 0 0 10.079 409.65 438.0901 Tm 0 g ( )Tj ET 0.934 g 415.17 448.41 22.56 -12.24 re f BT 10.079 0 0 10.079 415.17 438.0901 Tm 0 g ( )Tj ET 0.934 g 437.97 448.41 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 438.0901 Tm 0 g ( )Tj ET 0.934 g 446.37 448.41 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 438.0901 Tm 0 g ( )Tj ET 0.934 g 454.53 448.41 10.8 -12.24 re f BT 10.079 0 0 10.079 454.53 438.0901 Tm 0 g ( )Tj ET 0.934 g 465.57 448.41 25.92 -12.24 re f BT 10.079 0 0 10.079 465.57 438.0901 Tm 0 g ( )Tj ET 0.934 g 491.73 448.41 16.08 -12.24 re f BT 10.079 0 0 10.079 491.73 438.0901 Tm 0 g ( )Tj ET 0.934 g 508.05 448.41 10.8 -12.24 re f BT 10.079 0 0 10.079 508.0499 438.0901 Tm 0 g ( )Tj ET 0.934 g 519.09 448.41 10.8 -12.24 re f BT 10.079 0 0 10.079 519.09 438.0901 Tm 0 g ( )Tj ET 0.934 g 530.13 448.41 25.92 -12.24 re f BT 10.079 0 0 10.079 530.1299 438.0901 Tm 0 g ( )Tj ET 0.934 g 556.29 448.41 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 438.0901 Tm 0 g ( )Tj -51.2668 -1.2382 TD 0.8215 Tw [( Discount )821.5(rate)-22786( )-857.3( )]TJ /F13 1 Tf 32.2412 0.0476 TD 0 Tw [(6.90)-12.2(%)]TJ /F12 1 Tf 3.3813 -0.0476 TD 0.0001 Tc 1.131 Tw [( )619.1(7.50)-12.1(% )-261.9( )]TJ /F13 1 Tf 7.4769 0.0476 TD 0 Tc 0 Tw [(6.90)-12.2(%)]TJ /F12 1 Tf 3.3813 -0.0476 TD 1.6788 Tw [( )833.5(7.50)-12.2(%)]TJ ET 0.934 g 39.57 423.45 10.56 -12.24 re f BT 10.079 0 0 10.079 39.57 413.1301 Tm 0 g 0 Tw ( )Tj ET 0.934 g 50.37 423.45 283.44 -12.24 re f BT 10.079 0 0 10.079 50.37 413.1301 Tm 0 g (Expected long-term return on plan assets)Tj ET 0.934 g 334.05 423.45 10.8 -12.24 re f BT 10.079 0 0 10.079 334.05 413.1301 Tm 0 g ( )Tj ET 0.934 g 345.09 423.45 10.8 -12.24 re f BT 10.079 0 0 10.079 353.49 413.1301 Tm 0 g ( )Tj ET 0.934 g 356.13 423.45 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 364.53 413.6101 Tm 0 g (9.00)Tj ET 0.934 g 382.29 423.45 16.08 -12.24 re f BT 10.079 0 0 10.079 382.29 413.6101 Tm 0 g (%)Tj ET 0.934 g 398.61 423.45 10.8 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 398.61 413.1301 Tm 0 g ( )Tj ET 0.934 g 409.65 423.45 5.28 -12.24 re f BT 10.079 0 0 10.079 412.53 413.1301 Tm 0 g ( )Tj ET 0.934 g 415.17 423.45 22.56 -12.24 re f BT 10.079 0 0 10.079 420.21 413.1301 Tm 0 g (9.00)Tj ET 0.934 g 437.97 423.45 8.16 -12.24 re f BT 10.079 0 0 10.079 437.97 413.1301 Tm 0 g (%)Tj ET 0.934 g 446.37 423.45 7.92 -12.24 re f BT 10.079 0 0 10.079 446.37 413.1301 Tm 0 g ( )Tj ET 0.934 g 454.53 423.45 10.8 -12.24 re f BT 10.079 0 0 10.079 462.93 413.1301 Tm 0 g ( )Tj ET 0.934 g 465.57 423.45 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 473.97 413.6101 Tm 0 g (8.64)Tj ET 0.934 g 491.73 423.45 16.08 -12.24 re f BT 10.079 0 0 10.079 491.73 413.6101 Tm 0 g (%)Tj ET 0.934 g 508.05 423.45 10.8 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 508.0499 413.1301 Tm 0 g ( )Tj ET 0.934 g 519.09 423.45 10.8 -12.24 re f BT 10.079 0 0 10.079 527.4899 413.1301 Tm 0 g ( )Tj ET 0.934 g 530.13 423.45 25.92 -12.24 re f BT 10.079 0 0 10.079 538.53 413.1301 Tm 0 g (8.78)Tj ET 0.934 g 556.29 423.45 16.08 -12.24 re f BT 10.079 0 0 10.079 556.2899 413.1301 Tm 0 g (%)Tj -51.2668 -1.2382 TD [( )-821.5(Rate of compensation increase )]TJ /F2 1 Tf 13.5674 0 TD ()Tj /F12 1 Tf 0.9999 0 TD [( average)-11291( )-1678.8( )]TJ /F13 1 Tf 17.6739 0.0476 TD [(4.19)-12.2(%)]TJ /F12 1 Tf 3.3813 -0.0476 TD 0.0001 Tc 0.8452 Tw [( )-285.8( )333.3(4.25)-12.1(% )285.7( )-1500.2( )-523.9( )-1500.2( )]TJ 12 0 0 12 39.57 387.6901 Tm 0.29 Tc 0 Tw [( )-440( )-19540( )-440( )20( )-1220( )-440( )-440( )-1220( )-460( )-460( )-1220( )-460( )-460( )-940( )-460( )-940( )-460( )-800( )]TJ 7.439 0 0 7.439 39.57 378.3301 Tm 1.3309 Tc ( )Tj 33.9721 0 TD 0 Tc 1.3308 Tw [( )742( )-1258.3( )-12001.6(\(In )1330.8(Millions\))]TJ 12 0 0 12 39.57 361.7701 Tm 0.73 Tc 0 Tw [( )-19100( )]TJ 22.04 0.34 TD 0 Tc ( )Tj ET 0.5 g 304.05 361.53 268.32 -0.48 re f BT 7.439 0 0 7.439 39.57 352.4101 Tm 0 g 1.3309 Tc ( )Tj 33.9721 0 TD 0 Tc [( )-7428.4(Pension Benefits)-6251.2( )-6073.4(Other Benefits)]TJ -33.9721 -1.1292 TD 1.3309 Tc ( )Tj 33.9721 0 TD 0 Tc ( )Tj ET 0.5 g 304.05 344.73 141.84 -0.48 re f BT 7.439 0 0 7.439 446.13 344.0101 Tm 0 g ( )Tj ET 0.5 g 458.13 344.73 114.24 -0.48 re f BT 7.439 0 0 7.439 39.57 334.8901 Tm 0 g 1.3309 Tc ( )Tj 33.9721 0 TD 0 Tc ( )Tj /F13 1 Tf 3.1617 0.0323 TD (2002)Tj /F12 1 Tf 3.6779 -0.0323 TD 2.944 Tw [( 2001)-1710( )-32.2(2000)-1710( )]TJ /F13 1 Tf 16.486 0.0323 TD 0 Tw (2002)Tj /F12 1 Tf 3.0972 -0.0323 TD 2.3955 Tw [( 2001)-1097.1( )129.1(2000)]TJ -60.3949 -1.1292 TD 1.3309 Tc 0 Tw ( )Tj 33.9721 0 TD 0 Tc ( )Tj ET 0.5 g 304.05 327.21 38.88 -0.48 re f BT 7.439 0 0 7.439 343.17 326.4901 Tm 0 g ( )Tj ET 0.5 g 354.93 327.21 39.36 -0.48 re f BT 7.439 0 0 7.439 394.53 326.4901 Tm 0 g ( )Tj ET 0.5 g 406.53 327.21 39.36 -0.48 re f BT 7.439 0 0 7.439 446.13 326.4901 Tm 0 g ( )Tj ET 0.5 g 458.13 327.21 30.48 -0.48 re f BT 7.439 0 0 7.439 488.85 326.4901 Tm 0 g ( )Tj ET 0.5 g 500.85 327.21 30.48 -0.48 re f BT 7.439 0 0 7.439 531.5699 326.4901 Tm 0 g ( )Tj ET 0.5 g 543.57 327.21 28.8 -0.48 re f 0.934 g 39.57 324.81 252.48 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 39.57 314.9701 Tm 0 g (Components of net periodic benefit cost)Tj ET 0.934 g 292.29 324.81 11.52 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 292.29 314.4901 Tm 0 g ( )Tj ET 0.934 g 304.05 324.81 6 -12.24 re f BT 10.079 0 0 10.079 304.05 314.4901 Tm 0 g ( )Tj ET 0.934 g 310.29 324.81 20.88 -12.24 re f BT 10.079 0 0 10.079 310.29 314.4901 Tm 0 g ( )Tj ET 0.934 g 331.41 324.81 11.52 -12.24 re f BT 10.079 0 0 10.079 331.41 314.4901 Tm 0 g ( )Tj ET 0.934 g 343.17 324.81 11.52 -12.24 re f BT 10.079 0 0 10.079 343.17 314.4901 Tm 0 g ( )Tj ET 0.934 g 354.93 324.81 6.24 -12.24 re f BT 10.079 0 0 10.079 354.93 314.4901 Tm 0 g ( )Tj ET 0.934 g 361.41 324.81 20.88 -12.24 re f BT 10.079 0 0 10.079 361.41 314.4901 Tm 0 g ( )Tj ET 0.934 g 382.53 324.81 11.76 -12.24 re f BT 10.079 0 0 10.079 382.53 314.4901 Tm 0 g ( )Tj ET 0.934 g 394.53 324.81 11.76 -12.24 re f BT 10.079 0 0 10.079 394.53 314.4901 Tm 0 g ( )Tj ET 0.934 g 406.53 324.81 6.24 -12.24 re f BT 10.079 0 0 10.079 406.53 314.4901 Tm 0 g ( )Tj ET 0.934 g 413.01 324.81 20.88 -12.24 re f BT 10.079 0 0 10.079 413.01 314.4901 Tm 0 g ( )Tj ET 0.934 g 434.13 324.81 11.76 -12.24 re f BT 10.079 0 0 10.079 434.13 314.4901 Tm 0 g ( )Tj ET 0.934 g 446.13 324.81 11.76 -12.24 re f BT 10.079 0 0 10.079 446.13 314.4901 Tm 0 g ( )Tj ET 0.934 g 458.13 324.81 6.24 -12.24 re f BT 10.079 0 0 10.079 458.13 314.4901 Tm 0 g ( )Tj ET 0.934 g 464.61 324.81 17.52 -12.24 re f BT 10.079 0 0 10.079 464.61 314.4901 Tm 0 g ( )Tj ET 0.934 g 482.37 324.81 6.24 -12.24 re f BT 10.079 0 0 10.079 482.37 314.4901 Tm 0 g ( )Tj ET 0.934 g 488.85 324.81 11.76 -12.24 re f BT 10.079 0 0 10.079 488.85 314.4901 Tm 0 g ( )Tj ET 0.934 g 500.85 324.81 6.24 -12.24 re f BT 10.079 0 0 10.079 500.85 314.4901 Tm 0 g ( )Tj ET 0.934 g 507.33 324.81 17.52 -12.24 re f BT 10.079 0 0 10.079 507.33 314.4901 Tm 0 g ( )Tj ET 0.934 g 525.09 324.81 6.24 -12.24 re f BT 10.079 0 0 10.079 525.09 314.4901 Tm 0 g ( )Tj ET 0.934 g 531.57 324.81 11.76 -12.24 re f BT 10.079 0 0 10.079 531.5699 314.4901 Tm 0 g ( )Tj ET 0.934 g 543.57 324.81 6.24 -12.24 re f BT 10.079 0 0 10.079 543.5699 314.4901 Tm 0 g ( )Tj ET 0.934 g 550.05 324.81 15.84 -12.24 re f BT 10.079 0 0 10.079 550.0499 314.4901 Tm 0 g ( )Tj ET 0.934 g 566.13 324.81 6.24 -12.24 re f BT 10.079 0 0 10.079 566.1299 314.4901 Tm 0 g ( )Tj -52.2431 -1.2382 TD 0.9168 Tw [( Service )916.8(cost)-19047.5( )]TJ /F13 1 Tf 26.3597 0.0476 TD 0 Tw [($)-833.5(8.4)]TJ /F12 1 Tf 2.5955 -0.0476 TD 0.9406 Tw [( )23.8( )-119($)-833.5(6.1)-12.1( )-142.9($)-833.5(5.9)-12.1( )]TJ /F13 1 Tf 12.7155 0.0476 TD 0 Tw [($)-500.1(3.4)]TJ /F12 1 Tf 2.2621 -0.0476 TD 0.3929 Tw [( )-690.6($)-500.1(2.1)-12.1( )-690.6($)-333.4(1.7)-12.1( )]TJ ET 0.934 g 39.57 299.85 11.52 -12.24 re f BT 10.079 0 0 10.079 39.57 289.5301 Tm 0 g 0 Tw ( )Tj ET 0.934 g 51.33 299.85 240.72 -12.24 re f BT 10.079 0 0 10.079 51.33 289.5301 Tm 0 g (Interest cost)Tj ET 0.934 g 292.29 299.85 11.52 -12.24 re f BT 10.079 0 0 10.079 292.29 289.5301 Tm 0 g ( )Tj ET 0.934 g 304.05 299.85 6 -12.24 re f BT 10.079 0 0 10.079 304.05 289.5301 Tm 0 g ( )Tj ET 0.934 g 310.29 299.85 20.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 313.65 290.0101 Tm 0 g (31.3)Tj ET 0.934 g 331.41 299.85 11.52 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 331.41 289.5301 Tm 0 g ( )Tj ET 0.934 g 343.17 299.85 11.52 -12.24 re f BT 10.079 0 0 10.079 343.17 289.5301 Tm 0 g ( )Tj ET 0.934 g 354.93 299.85 6.24 -12.24 re f BT 10.079 0 0 10.079 354.93 289.5301 Tm 0 g ( )Tj ET 0.934 g 361.41 299.85 20.88 -12.24 re f BT 10.079 0 0 10.079 364.77 289.5301 Tm 0 g (23.2)Tj ET 0.934 g 382.53 299.85 11.76 -12.24 re f BT 10.079 0 0 10.079 382.53 289.5301 Tm 0 g ( )Tj ET 0.934 g 394.53 299.85 11.76 -12.24 re f BT 10.079 0 0 10.079 394.53 289.5301 Tm 0 g ( )Tj ET 0.934 g 406.53 299.85 6.24 -12.24 re f BT 10.079 0 0 10.079 406.53 289.5301 Tm 0 g ( )Tj ET 0.934 g 413.01 299.85 20.88 -12.24 re f BT 10.079 0 0 10.079 416.37 289.5301 Tm 0 g (22.6)Tj ET 0.934 g 434.13 299.85 11.76 -12.24 re f BT 10.079 0 0 10.079 434.13 289.5301 Tm 0 g ( )Tj ET 0.934 g 446.13 299.85 11.76 -12.24 re f BT 10.079 0 0 10.079 446.13 289.5301 Tm 0 g ( )Tj ET 0.934 g 458.13 299.85 6.24 -12.24 re f BT 10.079 0 0 10.079 458.13 289.5301 Tm 0 g ( )Tj ET 0.934 g 464.61 299.85 17.52 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 464.61 290.0101 Tm 0 g (15.0)Tj ET 0.934 g 482.37 299.85 6.24 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 482.37 289.5301 Tm 0 g ( )Tj ET 0.934 g 488.85 299.85 11.76 -12.24 re f BT 10.079 0 0 10.079 488.85 289.5301 Tm 0 g ( )Tj ET 0.934 g 500.85 299.85 6.24 -12.24 re f BT 10.079 0 0 10.079 500.85 289.5301 Tm 0 g ( )Tj ET 0.934 g 507.33 299.85 17.52 -12.24 re f BT 10.079 0 0 10.079 507.33 289.5301 Tm 0 g (12.0)Tj ET 0.934 g 525.09 299.85 6.24 -12.24 re f BT 10.079 0 0 10.079 525.09 289.5301 Tm 0 g ( )Tj ET 0.934 g 531.57 299.85 11.76 -12.24 re f BT 10.079 0 0 10.079 531.5699 289.5301 Tm 0 g ( )Tj ET 0.934 g 543.57 299.85 6.24 -12.24 re f BT 10.079 0 0 10.079 543.5699 289.5301 Tm 0 g ( )Tj ET 0.934 g 550.05 299.85 15.84 -12.24 re f BT 10.079 0 0 10.079 553.41 289.5301 Tm 0 g (9.1)Tj ET 0.934 g 566.13 299.85 6.24 -12.24 re f BT 10.079 0 0 10.079 566.1299 289.5301 Tm 0 g ( )Tj -52.2431 -1.2382 TD [( )-916.8(Expected return on plan assets)-11744.1( )-1274( )]TJ 26.8597 0.0476 TD (\()Tj /F13 1 Tf 0.3334 0 TD (35.0)Tj /F12 1 Tf 1.7621 -0.0476 TD 0.0119 Tw [(\))-833.8( )-1285.9( \(31.0)-12.6(\))-857.6( )-1309.7( \(29.0)-12.6(\))-857.6( )-1309.7( )]TJ /F13 1 Tf 13.3822 0.0476 TD 0 Tw [(\(3.0)-12.5(\))]TJ /F12 1 Tf 2.2383 -0.0476 TD 1.3216 Tw [( )1143(\(2.1)-12.5(\))-309.9( )1309.7(\(2.1)-12.5(\))]TJ ET 0.934 g 39.57 274.89 11.52 -12.24 re f BT 10.079 0 0 10.079 39.57 264.5701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 51.33 274.89 240.72 -12.24 re f BT 10.079 0 0 10.079 51.33 264.5701 Tm 0 g (Amortization and other)Tj ET 0.934 g 292.29 274.89 11.52 -12.24 re f BT 10.079 0 0 10.079 292.29 264.5701 Tm 0 g ( )Tj ET 0.934 g 304.05 274.89 6 -12.24 re f BT 10.079 0 0 10.079 304.05 264.5701 Tm 0 g ( )Tj ET 0.934 g 310.29 274.89 20.88 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 318.69 265.0501 Tm 0 g (2.5)Tj ET 0.934 g 331.41 274.89 11.52 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 331.41 264.5701 Tm 0 g ( )Tj ET 0.934 g 343.17 274.89 11.52 -12.24 re f BT 10.079 0 0 10.079 343.17 264.5701 Tm 0 g ( )Tj ET 0.934 g 354.93 274.89 6.24 -12.24 re f BT 10.079 0 0 10.079 354.93 264.5701 Tm 0 g ( )Tj ET 0.934 g 361.41 274.89 20.88 -12.24 re f BT 10.079 0 0 10.079 369.81 264.5701 Tm 0 g (6.1)Tj ET 0.934 g 382.53 274.89 11.76 -12.24 re f BT 10.079 0 0 10.079 382.53 264.5701 Tm 0 g ( )Tj ET 0.934 g 394.53 274.89 11.76 -12.24 re f BT 10.079 0 0 10.079 394.53 264.5701 Tm 0 g ( )Tj ET 0.934 g 406.53 274.89 6.24 -12.24 re f BT 10.079 0 0 10.079 406.53 264.5701 Tm 0 g ( )Tj ET 0.934 g 413.01 274.89 20.88 -12.24 re f BT 10.079 0 0 10.079 421.41 264.5701 Tm 0 g (6.4)Tj ET 0.934 g 434.13 274.89 11.76 -12.24 re f BT 10.079 0 0 10.079 434.13 264.5701 Tm 0 g ( )Tj ET 0.934 g 446.13 274.89 11.76 -12.24 re f BT 10.079 0 0 10.079 446.13 264.5701 Tm 0 g ( )Tj ET 0.934 g 458.13 274.89 6.24 -12.24 re f BT 10.079 0 0 10.079 458.13 264.5701 Tm 0 g ( )Tj ET 0.934 g 464.61 274.89 17.52 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 469.65 265.0501 Tm 0 g (6.1)Tj ET 0.934 g 482.37 274.89 6.24 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 482.37 264.5701 Tm 0 g ( )Tj ET 0.934 g 488.85 274.89 11.76 -12.24 re f BT 10.079 0 0 10.079 488.85 264.5701 Tm 0 g ( )Tj ET 0.934 g 500.85 274.89 6.24 -12.24 re f BT 10.079 0 0 10.079 500.85 264.5701 Tm 0 g ( )Tj ET 0.934 g 507.33 274.89 17.52 -12.24 re f BT 10.079 0 0 10.079 512.3699 264.5701 Tm 0 g (3.8)Tj ET 0.934 g 525.09 274.89 6.24 -12.24 re f BT 10.079 0 0 10.079 525.09 264.5701 Tm 0 g ( )Tj ET 0.934 g 531.57 274.89 11.76 -12.24 re f BT 10.079 0 0 10.079 531.5699 264.5701 Tm 0 g ( )Tj ET 0.934 g 543.57 274.89 6.24 -12.24 re f BT 10.079 0 0 10.079 543.5699 264.5701 Tm 0 g ( )Tj ET 0.934 g 550.05 274.89 15.84 -12.24 re f BT 10.079 0 0 10.079 553.41 264.5701 Tm 0 g (1.2)Tj ET 0.934 g 566.13 274.89 6.24 -12.24 re f BT 10.079 0 0 10.079 566.1299 264.5701 Tm 0 g ( )Tj -52.2431 -1.1192 TD 24.8238 Tc [( )23907( )]TJ ET 0.5 g 310.29 257.13 20.88 -0.48 re f BT 10.079 0 0 10.079 331.41 253.2901 Tm 0 g 0.9168 Tc ( )Tj ET 0.5 g 361.41 257.13 20.88 -0.48 re f BT 10.079 0 0 10.079 382.53 253.2901 Tm 0 g 0.9406 Tc ( )Tj ET 0.5 g 413.01 257.13 20.88 -0.48 re f BT 10.079 0 0 10.079 434.13 253.2901 Tm 0 g ( )Tj ET 0.5 g 464.61 257.13 17.52 -0.48 re f BT 10.079 0 0 10.079 482.37 253.2901 Tm 0 g 0.3929 Tc [( )-547.7( )]TJ ET 0.5 g 507.33 257.13 17.52 -0.48 re f BT 10.079 0 0 10.079 525.09 253.2901 Tm 0 g [( )-547.7( )]TJ ET 0.5 g 550.05 257.13 15.84 -0.48 re f BT 10.079 0 0 10.079 566.1299 253.2901 Tm 0 g 0 Tc ( )Tj -52.2431 -1.2382 TD [( )-916.8(Net periodic benefit cost)-14048.9( )]TJ /F13 1 Tf 26.3597 0.0476 TD [($)-833.5(7.2)]TJ /F12 1 Tf 2.5955 -0.0476 TD 0.9406 Tw [( )23.8( )-119($)-833.5(4.4)-12.1( )-142.9($)-833.5(5.9)-12.1( )]TJ /F13 1 Tf 12.7155 0.0476 TD 0 Tw ($21.5)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.3929 Tw [( )-690.6($15.8)-12.2( )-690.6($)-333.4(9.9)-12.1( )]TJ -43.9328 -1.1192 TD 24.8238 Tc 0 Tw [( )23907( )]TJ ET 0.5 g 310.29 234.57 20.88 -2.88 re f BT 10.079 0 0 10.079 331.41 229.5301 Tm 0 g 0.9168 Tc ( )Tj ET 0.5 g 361.41 234.57 20.88 -2.88 re f BT 10.079 0 0 10.079 382.53 229.5301 Tm 0 g 0.9406 Tc ( )Tj ET 0.5 g 413.01 234.57 20.88 -2.88 re f 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50.0185 0 TD (ry )Tj -50.0185 -1.1191 TD (regulations. 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10.079 0 0 10.079 513.5699 837.4501 Tm 0 g ( )Tj -41.4563 -1.2382 TD [( )-1369.2(Asset retirement obligation )]TJ /F2 1 Tf 12.7562 0 TD ()Tj /F12 1 Tf 0.9999 0 TD [( cumulative effect)-10218( )-1416.8( )]TJ /F13 1 Tf 21.271 0.0476 TD (4.7)Tj /F12 1 Tf 1.262 -0.0476 TD 0.9882 Tc [( )-428.6( )738.1( )-523.9( )]TJ ET 0.934 g 95.73 822.81 16.08 -12.24 re f BT 10.079 0 0 10.079 95.73 812.4901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 112.05 822.81 297.84 -12.24 re f BT 10.079 0 0 10.079 112.05 812.4901 Tm 0 g (Loss carryforwards)Tj ET 0.934 g 410.13 822.81 16.56 -12.24 re f BT 10.079 0 0 10.079 410.13 812.4901 Tm 0 g ( )Tj ET 0.934 g 426.93 822.81 8.16 -12.24 re f BT 10.079 0 0 10.079 426.93 812.4901 Tm 0 g ( )Tj ET 0.934 g 435.33 822.81 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 443.73 812.97 Tm 0 g (22.7)Tj ET 0.934 g 461.49 822.81 12.24 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 461.49 812.4901 Tm 0 g ( )Tj ET 0.934 g 473.97 822.81 16.56 -12.24 re f BT 10.079 0 0 10.079 473.97 812.4901 Tm 0 g ( 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461.49 797.85 12.24 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 461.49 787.53 Tm 0 g ( )Tj ET 0.934 g 473.97 797.85 16.56 -12.24 re f BT 10.079 0 0 10.079 473.97 787.53 Tm 0 g ( )Tj ET 0.934 g 490.77 797.85 4.8 -12.24 re f BT 10.079 0 0 10.079 490.77 787.53 Tm 0 g ( )Tj ET 0.934 g 495.81 797.85 17.52 -12.24 re f BT 10.079 0 0 10.079 495.81 787.53 Tm 0 g (10.2)Tj ET 0.934 g 513.57 797.85 2.88 -12.24 re f BT 10.079 0 0 10.079 513.5699 787.53 Tm 0 g ( )Tj -41.4563 -1.2382 TD 1.3692 Tw [( Other )1369.2(liabilities)-23324.8( )-47.6( )]TJ /F13 1 Tf 34.5271 0.0476 TD 0 Tw (27.3)Tj /F12 1 Tf 1.7621 -0.0476 TD 0.9882 Tw [( )-428.6( )738.1(18.9)-12.2( )]TJ -36.2892 -1.1192 TD 30.9434 Tc 0 Tw [( )29526.6( )]TJ ET 0.5 g 435.33 767.61 25.92 -0.48 re f BT 10.079 0 0 10.079 461.49 763.77 Tm 0 g 0.9882 Tc [( )-428.6( )]TJ ET 0.5 g 495.81 767.61 17.52 -0.48 re f BT 10.079 0 0 10.079 513.5699 763.77 Tm 0 g 0 Tc ( )Tj ET 0.934 g 95.73 761.61 16.08 -12.24 re f BT 10.079 0 0 10.079 95.73 751.29 Tm 0 g ( )Tj ET 0.934 g 112.05 761.61 16.32 -12.24 re f BT 10.079 0 0 10.079 112.05 751.29 Tm 0 g ( )Tj ET 0.934 g 128.61 761.61 281.28 -12.24 re f BT 10.079 0 0 10.079 128.61 751.29 Tm 0 g (Total deferred tax assets before valuation allowance)Tj ET 0.934 g 410.13 761.61 16.56 -12.24 re f BT 10.079 0 0 10.079 410.13 751.29 Tm 0 g ( )Tj ET 0.934 g 426.93 761.61 8.16 -12.24 re f BT 10.079 0 0 10.079 426.93 751.29 Tm 0 g ( )Tj ET 0.934 g 435.33 761.61 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 438.69 751.77 Tm 0 g (137.4)Tj ET 0.934 g 461.49 761.61 12.24 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 461.49 751.29 Tm 0 g ( )Tj ET 0.934 g 473.97 761.61 16.56 -12.24 re f BT 10.079 0 0 10.079 473.97 751.29 Tm 0 g ( )Tj ET 0.934 g 490.77 761.61 4.8 -12.24 re f BT 10.079 0 0 10.079 490.77 751.29 Tm 0 g ( )Tj ET 0.934 g 495.81 761.61 17.52 -12.24 re f BT 10.079 0 0 10.079 495.81 751.29 Tm 0 g (86.5)Tj ET 0.934 g 513.57 761.61 2.88 -12.24 re f BT 10.079 0 0 10.079 513.5699 751.29 Tm 0 g ( )Tj -41.4563 -1.2382 TD [( )-1369.2( )-1393(Deferred tax asset valuation allowance)-12437.6( )-1988.3( )]TJ 33.6937 0.0476 TD (\()Tj /F13 1 Tf 0.3334 0 TD (120.6)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.9052 Tc 0.5116 Tw [(\) )1166.7( )-95.3( )]TJ -36.2892 -1.1192 TD 30.9434 Tc 0 Tw [( )29526.6( )]TJ ET 0.5 g 435.33 731.37 25.92 -0.48 re f BT 10.079 0 0 10.079 461.49 727.53 Tm 0 g 0.9882 Tc [( )-428.6( )]TJ ET 0.5 g 495.81 731.37 17.52 -0.48 re f BT 10.079 0 0 10.079 513.5699 727.53 Tm 0 g 0 Tc ( )Tj ET 0.934 g 95.73 725.37 16.08 -12.24 re f BT 10.079 0 0 10.079 95.73 715.05 Tm 0 g ( )Tj ET 0.934 g 112.05 725.37 16.32 -12.24 re f BT 10.079 0 0 10.079 112.05 715.05 Tm 0 g ( )Tj ET 0.934 g 128.61 725.37 16.32 -12.24 re f BT 10.079 0 0 10.079 128.61 715.05 Tm 0 g ( )Tj ET 0.934 g 145.17 725.37 264.72 -12.24 re f BT 10.079 0 0 10.079 145.17 715.05 Tm 0 g (Net deferred tax assets)Tj ET 0.934 g 410.13 725.37 16.56 -12.24 re f BT 10.079 0 0 10.079 410.13 715.05 Tm 0 g ( )Tj ET 0.934 g 426.93 725.37 8.16 -12.24 re 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0 10.079 410.13 691.29 Tm 0 g ( )Tj ET 0.934 g 426.93 701.61 8.16 -12.24 re f BT 10.079 0 0 10.079 426.93 691.29 Tm 0 g ( )Tj ET 0.934 g 435.33 701.61 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 448.77 691.7701 Tm 0 g (4.6)Tj ET 0.934 g 461.49 701.61 12.24 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 461.49 691.29 Tm 0 g ( )Tj ET 0.934 g 473.97 701.61 16.56 -12.24 re f BT 10.079 0 0 10.079 473.97 691.29 Tm 0 g ( )Tj ET 0.934 g 490.77 701.61 4.8 -12.24 re f BT 10.079 0 0 10.079 490.77 691.29 Tm 0 g ( )Tj ET 0.934 g 495.81 701.61 17.52 -12.24 re f BT 10.079 0 0 10.079 495.81 691.29 Tm 0 g (30.4)Tj ET 0.934 g 513.57 701.61 2.88 -12.24 re f BT 10.079 0 0 10.079 513.5699 691.29 Tm 0 g ( )Tj -41.4563 -1.2382 TD [( )-1369.2(Investment in ventures)-20465( )-1416.8( )]TJ /F13 1 Tf 35.0271 0.0476 TD (2.2)Tj /F12 1 Tf 1.262 -0.0476 TD 0.9882 Tw [( )-428.6( )738.1(18.2)-12.2( )]TJ ET 0.934 g 95.73 676.65 16.08 -12.24 re f BT 10.079 0 0 10.079 95.73 666.3301 Tm 0 g 0 Tw ( )Tj ET 0.934 g 112.05 676.65 297.84 -12.24 re f BT 10.079 0 0 10.079 112.05 666.3301 Tm 0 g (Properties)Tj ET 0.934 g 410.13 676.65 16.56 -12.24 re f BT 10.079 0 0 10.079 410.13 666.3301 Tm 0 g ( )Tj ET 0.934 g 426.93 676.65 8.16 -12.24 re f BT 10.079 0 0 10.079 426.93 666.3301 Tm 0 g ( )Tj ET 0.934 g 435.33 676.65 25.92 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 443.73 666.8101 Tm 0 g (10.0)Tj ET 0.934 g 461.49 676.65 12.24 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 461.49 666.3301 Tm 0 g ( )Tj ET 0.934 g 473.97 676.65 16.56 -12.24 re f BT 10.079 0 0 10.079 473.97 666.3301 Tm 0 g ( )Tj ET 0.934 g 490.77 676.65 4.8 -12.24 re f BT 10.079 0 0 10.079 490.77 666.3301 Tm 0 g ( )Tj ET 0.934 g 495.81 676.65 17.52 -12.24 re f BT 10.079 0 0 10.079 495.81 666.3301 Tm 0 g (10.6)Tj ET 0.934 g 513.57 676.65 2.88 -12.24 re f BT 10.079 0 0 10.079 513.5699 666.3301 Tm 0 g ( )Tj -41.4563 -1.1192 TD 1.4168 Tw [( )47.6(Pensions)-26018.5( )833.4( )-928.7( )428.6( )666.7(4.0)-12.1( )]TJ ET 0.934 g 95.73 652.89 16.08 -11.04 re f BT 10.079 0 0 10.079 95.73 643.7701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 112.05 652.89 297.84 -11.04 re f BT 10.079 0 0 10.079 112.05 643.7701 Tm 0 g (Other)Tj ET 0.934 g 410.13 652.89 16.56 -11.04 re f BT 10.079 0 0 10.079 410.13 643.7701 Tm 0 g ( )Tj ET 0.934 g 426.93 652.89 8.16 -11.04 re f BT 10.079 0 0 10.079 426.93 643.7701 Tm 0 g ( )Tj ET 0.934 g 435.33 652.89 25.92 -11.04 re f BT 10.079 0 0 10.079 435.33 643.7701 Tm 0 g ( )Tj ET 0.934 g 461.49 652.89 12.24 -11.04 re f BT 10.079 0 0 10.079 461.49 643.7701 Tm 0 g ( )Tj ET 0.934 g 473.97 652.89 16.56 -11.04 re f BT 10.079 0 0 10.079 473.97 643.7701 Tm 0 g ( )Tj ET 0.934 g 490.77 652.89 4.8 -11.04 re f BT 10.079 0 0 10.079 490.77 643.7701 Tm 0 g ( )Tj ET 0.934 g 495.81 652.89 17.52 -11.04 re f BT 10.079 0 0 10.079 495.81 643.7701 Tm 0 g (18.7)Tj ET 0.934 g 513.57 652.89 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 643.7701 Tm 0 g ( )Tj -41.4563 -1.1192 TD 30.9434 Tc [( )29526.6( )]TJ ET 0.5 g 435.33 636.33 25.92 -0.48 re f BT 10.079 0 0 10.079 461.49 632.4901 Tm 0 g 0.9882 Tc [( )-428.6( )]TJ ET 0.5 g 495.81 636.33 17.52 -0.48 re f BT 10.079 0 0 10.079 513.5699 632.4901 Tm 0 g 0 Tc ( )Tj -41.4563 -1.2382 TD [( )-1369.2( )-1393(Total deferred tax liabilities)-16795.2( )-1416.8( )]TJ /F13 1 Tf 34.5271 0.0476 TD (16.8)Tj /F12 1 Tf 1.7621 -0.0476 TD 0.9882 Tw [( )-428.6( )738.1(81.9)-12.2( )]TJ -36.2892 -1.1192 TD 30.9434 Tc 0 Tw [( )29526.6( )]TJ ET 0.5 g 435.33 612.57 25.92 -0.48 re f BT 10.079 0 0 10.079 461.49 608.73 Tm 0 g 0.9882 Tc [( )-428.6( )]TJ ET 0.5 g 495.81 612.57 17.52 -0.48 re f BT 10.079 0 0 10.079 513.5699 608.73 Tm 0 g 0 Tc ( )Tj ET 0.934 g 95.73 606.57 16.08 -12.24 re f BT 10.079 0 0 10.079 95.73 596.2501 Tm 0 g ( )Tj ET 0.934 g 112.05 606.57 16.32 -12.24 re f BT 10.079 0 0 10.079 112.05 596.2501 Tm 0 g ( )Tj ET 0.934 g 128.61 606.57 16.32 -12.24 re f BT 10.079 0 0 10.079 128.61 596.2501 Tm 0 g ( )Tj ET 0.934 g 145.17 606.57 264.72 -12.24 re f BT 10.079 0 0 10.079 145.17 596.2501 Tm 0 g (Net deferred tax assets)Tj ET 0.934 g 410.13 606.57 16.56 -12.24 re f BT 10.079 0 0 10.079 410.13 596.2501 Tm 0 g ( )Tj ET 0.934 g 426.93 606.57 8.16 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 430.29 596.73 Tm 0 g ($)Tj ET 0.934 g 435.33 606.57 25.92 -12.24 re f BT 10.079 0 0 10.079 456.45 596.73 Tm 0 g (0)Tj ET 0.934 g 461.49 606.57 12.24 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 461.49 596.2501 Tm 0 g ( )Tj ET 0.934 g 473.97 606.57 16.56 -12.24 re f BT 10.079 0 0 10.079 473.97 596.2501 Tm 0 g ( )Tj ET 0.934 g 490.77 606.57 4.8 -12.24 re f BT 10.079 0 0 10.079 490.77 596.2501 Tm 0 g ($)Tj ET 0.934 g 495.81 606.57 17.52 -12.24 re f BT 10.079 0 0 10.079 500.85 596.2501 Tm 0 g (4.6)Tj ET 0.934 g 513.57 606.57 2.88 -12.24 re f BT 10.079 0 0 10.079 513.5699 596.2501 Tm 0 g ( )Tj -41.4563 -1.1191 TD 30.9434 Tc [( )29526.6( )]TJ ET 0.5 g 435.33 590.01 25.92 -2.88 re f BT 10.079 0 0 10.079 461.49 584.9701 Tm 0 g 0.9882 Tc [( )-428.6( )]TJ ET 0.5 g 495.81 590.01 17.52 -2.88 re f BT 10.079 0 0 10.079 513.5699 584.9701 Tm 0 g 0 Tc ( )Tj -48.4094 -2.5241 TD ( The deferred amounts are classified on the balance sheet as current or long-term in accordance with the asset or liability)Tj 49.2055 0 TD ( to which they )Tj -49.2055 -1.1191 TD (relate. )Tj 0 -2.5241 TD ( During 2002, the Company recorded a minimum pension obligation pursuant to SFAS No. 87 and asset retirement obligations )Tj 0 -1.1192 TD (pursuant to its adoption of SFAS No. 143. The Company also recorded impairment of its investments in CAL and Empire. The record)Tj 53.6021 0 TD (ing )Tj -53.6021 -1.1191 TD (of these items caused the Company)Tj /F2 1 Tf 14.1357 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s net deferred tax asset position to increase to a level that required a deferred tax valuation )Tj -14.4687 -1.1192 TD (allowance. A valuation allowance reduces the Company)Tj /F2 1 Tf 22.465 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s deferred tax asset in recognition of uncertainty regarding full realization. A )Tj -22.7979 -1.1192 TD (portion of the Company)Tj /F2 1 Tf 9.5821 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s valuation allowance, $82.2 million, was recorded through the tax provision in the statement of operations. The )Tj -9.9151 -1.1192 TD (balance, $38.4 million, was recorded directly to shareholders)Tj /F2 1 Tf 24.3818 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( equity for the valuation allowance related to the future tax benefit on the )Tj -24.7148 -1.1192 TD (other comprehensive loss from the minimum pension obligation. )Tj 27.3359 -2.6907 TD (56)Tj ET endstreamendobj166 0 obj<< /Type /Page /Parent 249 0 R /Resources 167 0 R /Contents 168 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj167 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj168 0 obj<< /Length 19018 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -590.4 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 ( In the future, if the Company determines, based on the existence of sufficient evidence, that it should realize more or le)Tj 48.9306 0 TD (ss of its net )Tj -48.9306 -1.1191 TD (deferred tax assets, an adjustment to the valuation allowance will affect income in the period such determination is made. At )Tj T* (December 31, 2002, deferred tax assets before valuation allowance include net operating loss carryforwards of $64.9 million tha)Tj 51.3723 0 TD (t begin )Tj -51.3723 -1.1192 TD (to expire in 2020. )Tj 0 -2.524 TD ( The components and allocation of the Company)Tj /F2 1 Tf 20.4681 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s income taxes are as follows: )Tj 12 0 0 12 95.73 880.89 Tm 1.21 Tc [( )-17540( )1040( )-20( )720( )700( )-300( )360( )1040( )120( )]TJ 7.439 0 0 7.439 95.73 870.8101 Tm 2.1051 Tc [( )-28294( )1677.6( )-32.3( )1161.4( )]TJ /F13 1 Tf 44.5541 0.0323 TD 0 Tc (\(In Millions\))Tj /F12 1 Tf 5.6136 -0.0323 TD 2.1051 Tc [( )1677.6( )193.5( )]TJ 12 0 0 12 95.73 858.3301 Tm 1.21 Tc [( )-17540( )]TJ ET 0.5 g 376.29 858.09 140.16 -0.48 re f BT 7.439 0 0 7.439 95.73 848.25 Tm 0 g 2.1051 Tc [( )-28294( )]TJ /F13 1 Tf 38.8115 0.0323 TD 0 Tc (2002)Tj /F12 1 Tf 3.1617 -0.0323 TD 3.9763 Tw [( 2001)-1968.1( )871(2000)]TJ -41.9732 -1.1292 TD 2.1051 Tc 0 Tw [( )-28294( )]TJ ET 0.5 g 376.29 840.57 31.44 -0.48 re f BT 7.439 0 0 7.439 407.97 839.85 Tm 0 g 0 Tc ( )Tj ET 0.5 g 425.49 840.57 43.2 -0.48 re f BT 7.439 0 0 7.439 468.93 839.85 Tm 0 g ( )Tj ET 0.5 g 486.45 840.57 30 -0.48 re f 0.934 g 95.73 838.17 262.8 -11.04 re f BT 10.079 0 0 10.079 95.73 829.05 Tm 0 g (Income taxes \(credits\) from operations:)Tj ET 0.934 g 358.77 838.17 17.28 -11.04 re f BT 10.079 0 0 10.079 358.77 829.05 Tm 0 g ( )Tj ET 0.934 g 376.29 838.17 4.8 -11.04 re f BT 10.079 0 0 10.079 376.29 829.05 Tm 0 g ( )Tj ET 0.934 g 381.33 838.17 17.52 -11.04 re f BT 10.079 0 0 10.079 381.33 829.05 Tm 0 g ( )Tj ET 0.934 g 399.09 838.17 8.64 -11.04 re f BT 10.079 0 0 10.079 399.09 829.05 Tm 0 g ( )Tj ET 0.934 g 407.97 838.17 17.28 -11.04 re f BT 10.079 0 0 10.079 407.97 829.05 Tm 0 g ( )Tj ET 0.934 g 425.49 838.17 8.88 -11.04 re f BT 10.079 0 0 10.079 425.49 829.05 Tm 0 g ( )Tj ET 0.934 g 434.61 838.17 20.88 -11.04 re f BT 10.079 0 0 10.079 434.61 829.05 Tm 0 g ( )Tj ET 0.934 g 455.73 838.17 12.96 -11.04 re f BT 10.079 0 0 10.079 455.73 829.05 Tm 0 g ( )Tj ET 0.934 g 468.93 838.17 17.28 -11.04 re f BT 10.079 0 0 10.079 468.93 829.05 Tm 0 g ( )Tj ET 0.934 g 486.45 838.17 4.8 -11.04 re f BT 10.079 0 0 10.079 486.45 829.05 Tm 0 g ( )Tj ET 0.934 g 491.49 838.17 15.84 -11.04 re f BT 10.079 0 0 10.079 491.49 829.05 Tm 0 g ( )Tj ET 0.934 g 507.57 838.17 8.88 -11.04 re f BT 10.079 0 0 10.079 507.57 829.05 Tm 0 g ( )Tj -40.861 -1.2382 TD 1.4883 Tw [( Current)-21304.7( )]TJ /F13 1 Tf 27.836 0.0476 TD 0 Tw ($)Tj /F12 1 Tf 0.6667 0 TD (\()Tj /F13 1 Tf 0.3334 0 TD (4.8)Tj /F12 1 Tf 1.262 -0.0476 TD 1.8931 Tw [(\))-548( $)-500.1(\(3.5)-12.5(\))-976.7( )404.8($\(5.9)-12.5(\))]TJ ET 0.934 g 95.73 814.41 17.28 -12.24 re f BT 10.079 0 0 10.079 95.73 804.09 Tm 0 g 0 Tw ( )Tj ET 0.934 g 113.25 814.41 245.28 -12.24 re f BT 10.079 0 0 10.079 113.25 804.09 Tm 0 g (Deferred)Tj ET 0.934 g 358.77 814.41 17.28 -12.24 re f BT 10.079 0 0 10.079 358.77 804.09 Tm 0 g ( )Tj ET 0.934 g 376.29 814.41 4.8 -12.24 re f BT 10.079 0 0 10.079 376.29 804.09 Tm 0 g ( )Tj ET 0.934 g 381.33 814.41 17.52 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 381.33 804.5701 Tm 0 g (13.9)Tj ET 0.934 g 399.09 814.41 8.64 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 399.09 804.09 Tm 0 g ( )Tj ET 0.934 g 407.97 814.41 17.28 -12.24 re f BT 10.079 0 0 10.079 407.97 804.09 Tm 0 g ( )Tj ET 0.934 g 425.49 814.41 8.88 -12.24 re f BT 10.079 0 0 10.079 431.97 804.09 Tm 0 g ( )Tj ET 0.934 g 434.61 814.41 20.88 -12.24 re f BT 10.079 0 0 10.079 434.61 804.09 Tm 0 g (\(12.8)Tj ET 0.934 g 455.73 814.41 12.96 -12.24 re f BT 10.079 0 0 10.079 455.73 804.09 Tm 0 g (\))Tj ET 0.934 g 468.93 814.41 17.28 -12.24 re f BT 10.079 0 0 10.079 468.93 804.09 Tm 0 g ( )Tj ET 0.934 g 486.45 814.41 4.8 -12.24 re f BT 10.079 0 0 10.079 486.45 804.09 Tm 0 g ( )Tj ET 0.934 g 491.49 814.41 15.84 -12.24 re f BT 10.079 0 0 10.079 494.85 804.09 Tm 0 g (4.4)Tj ET 0.934 g 507.57 814.41 8.88 -12.24 re f BT 10.079 0 0 10.079 507.57 804.09 Tm 0 g ( )Tj -40.861 -1.1192 TD 25.8477 Tc [( )24359.4( )]TJ ET 0.5 g 381.33 796.65 17.52 -0.48 re f BT 10.079 0 0 10.079 399.09 792.8101 Tm 0 g 0.631 Tc [( )-857.3( )]TJ ET 0.5 g 434.61 796.65 20.88 -0.48 re f BT 10.079 0 0 10.079 455.73 792.8101 Tm 0 g 1.0597 Tc [( )-428.6( )]TJ ET 0.5 g 491.49 796.65 15.84 -0.48 re f BT 10.079 0 0 10.079 507.57 792.8101 Tm 0 g 0 Tc ( )Tj -40.861 -1.2382 TD 25.8477 Tc [( )24359.4( )]TJ /F13 1 Tf 28.8361 0.0476 TD 0 Tc (9.1)Tj /F12 1 Tf 1.262 -0.0476 TD 0.0119 Tw [( )-619.1( )-2119.3( \(16.3)-12.6(\))-976.7( )-1714.5( \(1.5)-12.5(\))]TJ ET 0.934 g 95.73 778.17 262.8 -11.04 re f BT 10.079 0 0 10.079 95.73 769.05 Tm 0 g 0 Tw (Cumulative effect of accounting change)Tj ET 0.934 g 358.77 778.17 17.28 -11.04 re f BT 10.079 0 0 10.079 358.77 769.05 Tm 0 g ( )Tj ET 0.934 g 376.29 778.17 4.8 -11.04 re f BT 10.079 0 0 10.079 376.29 769.05 Tm 0 g ( )Tj ET 0.934 g 381.33 778.17 17.52 -11.04 re f BT 10.079 0 0 10.079 381.33 769.05 Tm 0 g ( )Tj ET 0.934 g 399.09 778.17 8.64 -11.04 re f BT 10.079 0 0 10.079 399.09 769.05 Tm 0 g ( )Tj ET 0.934 g 407.97 778.17 17.28 -11.04 re f BT 10.079 0 0 10.079 407.97 769.05 Tm 0 g ( )Tj ET 0.934 g 425.49 778.17 8.88 -11.04 re f BT 10.079 0 0 10.079 425.49 769.05 Tm 0 g ( )Tj ET 0.934 g 434.61 778.17 20.88 -11.04 re f BT 10.079 0 0 10.079 443.01 769.05 Tm 0 g (5.0)Tj ET 0.934 g 455.73 778.17 12.96 -11.04 re f BT 10.079 0 0 10.079 455.73 769.05 Tm 0 g ( )Tj ET 0.934 g 468.93 778.17 17.28 -11.04 re f BT 10.079 0 0 10.079 468.93 769.05 Tm 0 g ( )Tj ET 0.934 g 486.45 778.17 4.8 -11.04 re f BT 10.079 0 0 10.079 486.45 769.05 Tm 0 g ( )Tj ET 0.934 g 491.49 778.17 15.84 -11.04 re f BT 10.079 0 0 10.079 491.49 769.05 Tm 0 g ( )Tj ET 0.934 g 507.57 778.17 8.88 -11.04 re f BT 10.079 0 0 10.079 507.57 769.05 Tm 0 g ( )Tj -40.861 -1.1192 TD 25.8477 Tc [( )24359.4( )]TJ ET 0.5 g 381.33 761.61 17.52 -0.48 re f BT 10.079 0 0 10.079 399.09 757.77 Tm 0 g 0.631 Tc [( )-857.3( )]TJ ET 0.5 g 434.61 761.61 20.88 -0.48 re f BT 10.079 0 0 10.079 455.73 757.77 Tm 0 g 1.0597 Tc [( )-428.6( )]TJ ET 0.5 g 491.49 761.61 15.84 -0.48 re f BT 10.079 0 0 10.079 507.57 757.77 Tm 0 g 0 Tc ( )Tj -40.861 -1.2382 TD [( )-1488.3( )-1488.3(Income tax expense \(credit\))-11487.2( )-1488.3( )]TJ /F13 1 Tf 28.8361 0.0476 TD (9.1)Tj /F12 1 Tf 1.262 -0.0476 TD 0.0119 Tw [( )-619.1( )-2119.3( \(11.3)-12.6(\))-976.7( )-1714.5( \(1.5)-12.5(\))]TJ ET 0.934 g 95.73 743.13 262.8 -11.04 re f BT 10.079 0 0 10.079 95.73 734.0101 Tm 0 g 0 Tw (Other comprehensive loss)Tj ET 0.934 g 358.77 743.13 17.28 -11.04 re f BT 10.079 0 0 10.079 358.77 734.0101 Tm 0 g ( )Tj ET 0.934 g 376.29 743.13 4.8 -11.04 re f BT 10.079 0 0 10.079 376.29 734.0101 Tm 0 g ( )Tj ET 0.934 g 381.33 743.13 17.52 -11.04 re f BT 10.079 0 0 10.079 381.33 734.0101 Tm 0 g ( )Tj ET 0.934 g 399.09 743.13 8.64 -11.04 re f BT 10.079 0 0 10.079 399.09 734.0101 Tm 0 g ( )Tj ET 0.934 g 407.97 743.13 17.28 -11.04 re f BT 10.079 0 0 10.079 407.97 734.0101 Tm 0 g ( )Tj ET 0.934 g 425.49 743.13 8.88 -11.04 re f BT 10.079 0 0 10.079 431.97 734.0101 Tm 0 g ( )Tj ET 0.934 g 434.61 743.13 20.88 -11.04 re f BT 10.079 0 0 10.079 444.69 734.0101 Tm 0 g (\(.6)Tj ET 0.934 g 455.73 743.13 12.96 -11.04 re f BT 10.079 0 0 10.079 455.73 734.0101 Tm 0 g (\))Tj ET 0.934 g 468.93 743.13 17.28 -11.04 re f BT 10.079 0 0 10.079 468.93 734.0101 Tm 0 g ( )Tj ET 0.934 g 486.45 743.13 4.8 -11.04 re f BT 10.079 0 0 10.079 486.45 734.0101 Tm 0 g ( )Tj ET 0.934 g 491.49 743.13 15.84 -11.04 re f BT 10.079 0 0 10.079 491.49 734.0101 Tm 0 g ( )Tj ET 0.934 g 507.57 743.13 8.88 -11.04 re f BT 10.079 0 0 10.079 507.57 734.0101 Tm 0 g ( )Tj -40.861 -1.1191 TD 25.8477 Tc [( )24359.4( )]TJ ET 0.5 g 381.33 726.57 17.52 -0.48 re f BT 10.079 0 0 10.079 399.09 722.7301 Tm 0 g 0.631 Tc [( )-857.3( )]TJ ET 0.5 g 434.61 726.57 20.88 -0.48 re f BT 10.079 0 0 10.079 455.73 722.7301 Tm 0 g 1.0597 Tc [( )-428.6( )]TJ ET 0.5 g 491.49 726.57 15.84 -0.48 re f BT 10.079 0 0 10.079 507.57 722.7301 Tm 0 g 0 Tc ( )Tj -40.861 -1.2382 TD 1.4883 Tw [( Total)-22248.6( )]TJ /F13 1 Tf 27.836 0.0476 TD 0 Tw [($)-500.1(9.1)]TJ /F12 1 Tf 2.2621 -0.0476 TD 0.631 Tw [( )-1262.1($\(11.9)-12.6(\))-976.7( )-857.3($\(1.5)-12.5(\))]TJ -30.0981 -1.1191 TD 25.8477 Tc 0 Tw [( )24359.4( )]TJ ET 0.5 g 381.33 704.01 17.52 -2.88 re f BT 10.079 0 0 10.079 399.09 698.9701 Tm 0 g 0.631 Tc [( )-857.3( )]TJ ET 0.5 g 434.61 704.01 20.88 -2.88 re f BT 10.079 0 0 10.079 455.73 698.9701 Tm 0 g 1.0597 Tc [( )-428.6( )]TJ ET 0.5 g 491.49 704.01 15.84 -2.88 re f BT 10.079 0 0 10.079 507.57 698.9701 Tm 0 g 0 Tc ( )Tj -47.8141 -2.5241 TD ( In March 2002, the )Tj /F2 1 Tf 9.1642 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Job Creation and Worker Assistance Act of 2002)Tj /F2 1 Tf 19.6332 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( enacted by Congress increased the carryback period of net )Tj -29.6853 -1.1191 TD (operating losses for tax years 2002 and 2001 from two years to five years. As a result, the Company was able to reduce its loss)Tj 50.6534 0 TD ( )Tj -50.6534 -1.1191 TD (carryforwards. The Company received a cash refund in the second quarter of 2002 of $11.6 million, an increase of $7.7 million )Tj T* (compared to the receivable recorded at December 31, 2001. )Tj 0 -2.5241 TD ( Reconciliation of the Company)Tj /F2 1 Tf 13.7758 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s income taxes to the taxes at the United States statutory rate follows: )Tj 12 0 0 12 123.81 601.29 Tm 0.61 Tc [( )-280( )-15500( )-300( )-900( )-300( )-900( )-300( )300( )-480( )]TJ 7.439 0 0 7.439 123.81 591.9301 Tm 0 Tc 1.1373 Tw [( )-451.6( )-25003.2( )-483.9( )-1451.8( )-677.5(\(In )1137.3(Millions\))-280.7( )-483.9( )484( )-774.3( )]TJ 12 0 0 12 123.81 579.4501 Tm 0.89 Tc 0 Tw [( )-15220( )]TJ ET 0.5 g 347.73 579.21 140.64 -0.48 re f BT 7.439 0 0 7.439 123.81 569.3701 Tm 0 g 1.5889 Tc [( )-24551.6( )]TJ /F13 1 Tf 31.8751 0.0323 TD 0 Tc (2002)Tj /F12 1 Tf 3.8392 -0.0323 TD 3.3956 Tw [( 2001)-1839.1( )838.8(2000)]TJ -35.7143 -1.1292 TD 1.5889 Tc 0 Tw [( )-24551.6( )]TJ ET 0.5 g 347.73 561.69 41.52 -0.48 re f BT 7.439 0 0 7.439 389.49 560.97 Tm 0 g 0 Tc ( )Tj ET 0.5 g 403.41 561.69 41.52 -0.48 re f BT 7.439 0 0 7.439 445.17 560.97 Tm 0 g ( )Tj ET 0.5 g 459.09 561.69 29.28 -0.48 re f 0.934 g 123.81 559.29 209.76 -12.24 re f BT 10.079 0 0 10.079 123.81 548.97 Tm 0 g (Tax at statutory rate of 35 percent)Tj ET 0.934 g 333.81 559.29 13.68 -12.24 re f BT 10.079 0 0 10.079 333.81 548.97 Tm 0 g ( )Tj ET 0.934 g 347.73 559.29 10.08 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 353.01 549.4501 Tm 0 g ($)Tj ET 0.934 g 358.05 559.29 20.88 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 358.05 549.4501 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (62.7)Tj ET 0.934 g 379.17 559.29 10.08 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 379.17 548.97 Tm 0 g (\))Tj ET 0.934 g 389.49 559.29 13.68 -12.24 re f BT 10.079 0 0 10.079 389.49 548.97 Tm 0 g ( )Tj ET 0.934 g 403.41 559.29 10.08 -12.24 re f BT 10.079 0 0 10.079 408.69 548.97 Tm 0 g ($)Tj ET 0.934 g 413.73 559.29 20.88 -12.24 re f BT 10.079 0 0 10.079 413.73 548.97 Tm 0 g (\(12.0)Tj ET 0.934 g 434.85 559.29 10.08 -12.24 re f BT 10.079 0 0 10.079 434.85 548.97 Tm 0 g (\))Tj ET 0.934 g 445.17 559.29 13.68 -12.24 re f BT 10.079 0 0 10.079 445.17 548.97 Tm 0 g ( )Tj ET 0.934 g 459.09 559.29 6.48 -12.24 re f BT 10.079 0 0 10.079 460.77 548.97 Tm 0 g ($)Tj ET 0.934 g 465.81 559.29 15.84 -12.24 re f BT 10.079 0 0 10.079 469.17 548.97 Tm 0 g (5.8)Tj ET 0.934 g 481.89 559.29 6.48 -12.24 re f BT 10.079 0 0 10.079 481.89 548.97 Tm 0 g ( )Tj -35.5272 -1.1192 TD 0.7739 Tw [(Increase )773.9(\(decrease\) )773.9(due )773.9(to:)-10147.3( )-357.2( )-1071.5( )-357.2( )-1071.5( )-357.2( )357.2( )-571.5( )]TJ ET 0.934 g 123.81 535.53 13.44 -12.24 re f BT 10.079 0 0 10.079 123.81 525.2101 Tm 0 g 0 Tw ( )Tj ET 0.934 g 137.49 535.53 196.08 -12.24 re f BT 10.079 0 0 10.079 137.49 525.2101 Tm 0 g (Percentage depletion in excess of cost depletion)Tj ET 0.934 g 333.81 535.53 13.68 -12.24 re f BT 10.079 0 0 10.079 333.81 525.2101 Tm 0 g ( )Tj ET 0.934 g 347.73 535.53 10.08 -12.24 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ET 0.5 g 406.53 902.97 48 -0.48 re f BT 7.439 0 0 7.439 454.77 902.25 Tm 0 g ( )Tj ET 0.5 g 460.29 902.97 44.16 -0.48 re f BT 7.439 0 0 7.439 504.69 902.25 Tm 0 g ( )Tj ET 0.5 g 510.45 902.97 48 -0.48 re f 0.934 g 53.73 900.57 193.44 -11.04 re f BT 10.079 0 0 10.079 53.73 891.4501 Tm 0 g (Stock options:)Tj ET 0.934 g 247.41 900.57 5.28 -11.04 re f BT 10.079 0 0 10.079 247.41 891.4501 Tm 0 g ( )Tj ET 0.934 g 252.93 900.57 5.28 -11.04 re f BT 10.079 0 0 10.079 252.93 891.4501 Tm 0 g ( )Tj ET 0.934 g 258.45 900.57 32.64 -11.04 re f BT 10.079 0 0 10.079 258.45 891.4501 Tm 0 g ( )Tj ET 0.934 g 291.33 900.57 5.28 -11.04 re f BT 10.079 0 0 10.079 291.33 891.4501 Tm 0 g ( )Tj ET 0.934 g 296.85 900.57 5.28 -11.04 re f BT 10.079 0 0 10.079 296.85 891.4501 Tm 0 g ( )Tj ET 0.934 g 302.37 900.57 12.96 -11.04 re f BT 10.079 0 0 10.079 302.37 891.4501 Tm 0 g ( )Tj ET 0.934 g 315.57 900.57 22.56 -11.04 re f BT 10.079 0 0 10.079 315.57 891.4501 Tm 0 g ( )Tj ET 0.934 g 338.37 900.57 12.96 -11.04 re f BT 10.079 0 0 10.079 338.37 891.4501 Tm 0 g ( )Tj ET 0.934 g 351.57 900.57 5.28 -11.04 re f BT 10.079 0 0 10.079 351.57 891.4501 Tm 0 g ( )Tj ET 0.934 g 357.09 900.57 5.28 -11.04 re f BT 10.079 0 0 10.079 357.09 891.4501 Tm 0 g ( )Tj ET 0.934 g 362.61 900.57 32.64 -11.04 re f BT 10.079 0 0 10.079 362.61 891.4501 Tm 0 g ( )Tj ET 0.934 g 395.49 900.57 5.28 -11.04 re f BT 10.079 0 0 10.079 395.49 891.4501 Tm 0 g ( )Tj ET 0.934 g 401.01 900.57 5.28 -11.04 re f BT 10.079 0 0 10.079 401.01 891.4501 Tm 0 g ( )Tj ET 0.934 g 406.53 900.57 12.48 -11.04 re f BT 10.079 0 0 10.079 406.53 891.4501 Tm 0 g ( )Tj ET 0.934 g 419.25 900.57 22.56 -11.04 re f BT 10.079 0 0 10.079 419.25 891.4501 Tm 0 g ( )Tj ET 0.934 g 442.05 900.57 12.48 -11.04 re f BT 10.079 0 0 10.079 442.05 891.4501 Tm 0 g ( )Tj ET 0.934 g 454.77 900.57 5.28 -11.04 re f BT 10.079 0 0 10.079 454.77 891.4501 Tm 0 g ( )Tj ET 0.934 g 460.29 900.57 5.52 -11.04 re f BT 10.079 0 0 10.079 460.29 891.4501 Tm 0 g ( )Tj ET 0.934 g 466.05 900.57 32.64 -11.04 re f BT 10.079 0 0 10.079 466.05 891.4501 Tm 0 g ( )Tj ET 0.934 g 498.93 900.57 5.52 -11.04 re f BT 10.079 0 0 10.079 498.93 891.4501 Tm 0 g ( )Tj ET 0.934 g 504.69 900.57 5.52 -11.04 re f BT 10.079 0 0 10.079 504.69 891.4501 Tm 0 g ( )Tj ET 0.934 g 510.45 900.57 12.48 -11.04 re f BT 10.079 0 0 10.079 510.45 891.4501 Tm 0 g ( )Tj ET 0.934 g 523.17 900.57 22.56 -11.04 re f BT 10.079 0 0 10.079 523.1699 891.4501 Tm 0 g ( )Tj ET 0.934 g 545.97 900.57 12.48 -11.04 re f BT 10.079 0 0 10.079 545.97 891.4501 Tm 0 g ( )Tj -48.838 -1.2382 TD [( )-297.7(Options outstanding at beginning of year)-2309.9( )-297.7( )]TJ /F13 1 Tf 20.3115 0.0476 TD (810,029)Tj /F12 1 Tf 3.2622 -0.0476 TD 0.2977 Tc ( )Tj /F13 1 Tf 1.9049 0.0476 TD 0 Tc ($48.24)Tj /F12 1 Tf 2.7622 -0.0476 TD 0.2977 Tw [( )-762( 872,697)-12.5( )-761.9($48.81)-12.3( )-714.3( )-23.8(774,242)-12.5( )-23.8( )-785.8($51.59)-12.3( )]TJ ET 0.934 g 53.73 876.81 5.28 -12.24 re f BT 10.079 0 0 10.079 53.73 866.4901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 59.25 876.81 187.92 -12.24 re f BT 10.079 0 0 10.079 59.25 866.4901 Tm 0 g (Granted during the year)Tj ET 0.934 g 247.41 876.81 5.28 -12.24 re f BT 10.079 0 0 10.079 247.41 866.4901 Tm 0 g ( )Tj ET 0.934 g 252.93 876.81 5.28 -12.24 re f BT 10.079 0 0 10.079 252.93 866.4901 Tm 0 g ( )Tj ET 0.934 g 258.45 876.81 32.64 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 263.49 866.97 Tm 0 g (25,000)Tj ET 0.934 g 291.33 876.81 5.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 291.33 866.4901 Tm 0 g ( )Tj ET 0.934 g 296.85 876.81 5.28 -12.24 re f BT 10.079 0 0 10.079 296.85 866.4901 Tm 0 g ( )Tj ET 0.934 g 302.37 876.81 12.96 -12.24 re f BT 10.079 0 0 10.079 302.37 866.4901 Tm 0 g ( )Tj ET 0.934 g 315.57 876.81 22.56 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 315.57 866.97 Tm 0 g (28.80)Tj ET 0.934 g 338.37 876.81 12.96 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 338.37 866.4901 Tm 0 g ( )Tj ET 0.934 g 351.57 876.81 5.28 -12.24 re f BT 10.079 0 0 10.079 351.57 866.4901 Tm 0 g ( )Tj ET 0.934 g 357.09 876.81 5.28 -12.24 re f BT 10.079 0 0 10.079 357.09 866.4901 Tm 0 g ( )Tj ET 0.934 g 362.61 876.81 32.64 -12.24 re f BT 10.079 0 0 10.079 367.65 866.4901 Tm 0 g (25,000)Tj ET 0.934 g 395.49 876.81 5.28 -12.24 re f BT 10.079 0 0 10.079 395.49 866.4901 Tm 0 g ( )Tj ET 0.934 g 401.01 876.81 5.28 -12.24 re f BT 10.079 0 0 10.079 401.01 866.4901 Tm 0 g ( )Tj ET 0.934 g 406.53 876.81 12.48 -12.24 re f BT 10.079 0 0 10.079 406.53 866.4901 Tm 0 g ( )Tj ET 0.934 g 419.25 876.81 22.56 -12.24 re f BT 10.079 0 0 10.079 419.25 866.4901 Tm 0 g (17.88)Tj ET 0.934 g 442.05 876.81 12.48 -12.24 re f BT 10.079 0 0 10.079 442.05 866.4901 Tm 0 g ( )Tj ET 0.934 g 454.77 876.81 5.28 -12.24 re f BT 10.079 0 0 10.079 454.77 866.4901 Tm 0 g ( )Tj ET 0.934 g 460.29 876.81 5.52 -12.24 re f BT 10.079 0 0 10.079 460.29 866.4901 Tm 0 g ( )Tj ET 0.934 g 466.05 876.81 32.64 -12.24 re f BT 10.079 0 0 10.079 466.05 866.4901 Tm 0 g (171,950)Tj ET 0.934 g 498.93 876.81 5.52 -12.24 re f BT 10.079 0 0 10.079 498.93 866.4901 Tm 0 g ( )Tj ET 0.934 g 504.69 876.81 5.52 -12.24 re f BT 10.079 0 0 10.079 504.69 866.4901 Tm 0 g ( )Tj ET 0.934 g 510.45 876.81 12.48 -12.24 re f BT 10.079 0 0 10.079 510.45 866.4901 Tm 0 g ( )Tj ET 0.934 g 523.17 876.81 22.56 -12.24 re f BT 10.079 0 0 10.079 523.1699 866.4901 Tm 0 g (29.56)Tj ET 0.934 g 545.97 876.81 12.48 -12.24 re f BT 10.079 0 0 10.079 545.97 866.4901 Tm 0 g ( )Tj -48.838 -1.1191 TD 0.2977 Tw [( Exercised)-14725.8( )-2714.5( )-762( )-1714.4( )-762( )-2714.5( )-714.3( )-1714.4( )-714.3( )-190.5(\(28,375)-12.8(\))-238.5( )-23.8( )-714.3(20.12)-12.3( )]TJ ET 0.934 g 53.73 853.05 5.28 -12.24 re f BT 10.079 0 0 10.079 53.73 842.73 Tm 0 g 0 Tw ( )Tj ET 0.934 g 59.25 853.05 187.92 -12.24 re f BT 10.079 0 0 10.079 59.25 842.73 Tm 0 g (Cancelled or expired)Tj ET 0.934 g 247.41 853.05 5.28 -12.24 re f BT 10.079 0 0 10.079 247.41 842.73 Tm 0 g ( )Tj ET 0.934 g 252.93 853.05 5.28 -12.24 re f BT 10.079 0 0 10.079 255.81 842.73 Tm 0 g ( )Tj ET 0.934 g 258.45 853.05 32.64 -12.24 re f BT 10.079 0 0 10.079 260.13 843.2101 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (21,301)Tj ET 0.934 g 291.33 853.05 5.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 291.33 842.73 Tm 0 g (\))Tj ET 0.934 g 296.85 853.05 5.28 -12.24 re f BT 10.079 0 0 10.079 296.85 842.73 Tm 0 g ( )Tj ET 0.934 g 302.37 853.05 12.96 -12.24 re f BT 10.079 0 0 10.079 302.37 842.73 Tm 0 g ( )Tj ET 0.934 g 315.57 853.05 22.56 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 315.57 843.2101 Tm 0 g (37.01)Tj ET 0.934 g 338.37 853.05 12.96 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 338.37 842.73 Tm 0 g ( )Tj ET 0.934 g 351.57 853.05 5.28 -12.24 re f BT 10.079 0 0 10.079 351.57 842.73 Tm 0 g ( )Tj ET 0.934 g 357.09 853.05 5.28 -12.24 re f BT 10.079 0 0 10.079 359.97 842.73 Tm 0 g ( )Tj ET 0.934 g 362.61 853.05 32.64 -12.24 re f BT 10.079 0 0 10.079 364.29 842.73 Tm 0 g (\(87,668)Tj ET 0.934 g 395.49 853.05 5.28 -12.24 re f BT 10.079 0 0 10.079 395.49 842.73 Tm 0 g (\))Tj ET 0.934 g 401.01 853.05 5.28 -12.24 re f BT 10.079 0 0 10.079 401.01 842.73 Tm 0 g ( )Tj ET 0.934 g 406.53 853.05 12.48 -12.24 re f BT 10.079 0 0 10.079 406.53 842.73 Tm 0 g ( )Tj ET 0.934 g 419.25 853.05 22.56 -12.24 re f BT 10.079 0 0 10.079 419.25 842.73 Tm 0 g (45.25)Tj ET 0.934 g 442.05 853.05 12.48 -12.24 re f BT 10.079 0 0 10.079 442.05 842.73 Tm 0 g ( )Tj ET 0.934 g 454.77 853.05 5.28 -12.24 re f BT 10.079 0 0 10.079 454.77 842.73 Tm 0 g ( )Tj ET 0.934 g 460.29 853.05 5.52 -12.24 re f BT 10.079 0 0 10.079 463.41 842.73 Tm 0 g ( )Tj ET 0.934 g 466.05 853.05 32.64 -12.24 re f BT 10.079 0 0 10.079 467.73 842.73 Tm 0 g (\(45,120)Tj ET 0.934 g 498.93 853.05 5.52 -12.24 re f BT 10.079 0 0 10.079 498.93 842.73 Tm 0 g (\))Tj ET 0.934 g 504.69 853.05 5.52 -12.24 re f BT 10.079 0 0 10.079 504.69 842.73 Tm 0 g ( )Tj ET 0.934 g 510.45 853.05 12.48 -12.24 re f BT 10.079 0 0 10.079 510.45 842.73 Tm 0 g ( )Tj ET 0.934 g 523.17 853.05 22.56 -12.24 re f BT 10.079 0 0 10.079 523.1699 842.73 Tm 0 g (41.27)Tj ET 0.934 g 545.97 853.05 12.48 -12.24 re f BT 10.079 0 0 10.079 545.97 842.73 Tm 0 g ( )Tj -48.838 -1.1191 TD 18.9661 Tc [( )18668.4( )]TJ ET 0.5 g 258.45 835.29 32.64 -0.48 re f BT 10.079 0 0 10.079 291.33 831.4501 Tm 0 g 0.2977 Tc [( )-762( )-1714.4( )-762( )]TJ ET 0.5 g 362.61 835.29 32.64 -0.48 re f BT 10.079 0 0 10.079 395.49 831.4501 Tm 0 g [( )-714.3( )-1714.4( )-714.3( )]TJ ET 0.5 g 466.05 835.29 32.64 -0.48 re f BT 10.079 0 0 10.079 498.93 831.4501 Tm 0 g 0.3215 Tc [( )-690.5( )-1690.6( )]TJ -44.1709 -1.2382 TD 0 Tc [( )-297.7(Options outstanding at end of year)-4865.7( )-297.7( )]TJ /F13 1 Tf 20.3115 0.0476 TD (813,728)Tj /F12 1 Tf 3.2622 -0.0476 TD 0.2977 Tc ( )Tj /F13 1 Tf 2.405 0.0476 TD 0 Tc (47.94)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.2977 Tw [( )-762( 810,029)-12.5( )-714.3(48.24)-12.3( )-714.3( )-23.8(872,697)-12.5( )-23.8( )-23.8( )-714.3(48.81)-12.3( )]TJ ET 0.934 g 53.73 816.81 5.28 -12.24 re f BT 10.079 0 0 10.079 53.73 806.4901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 59.25 816.81 187.92 -12.24 re f BT 10.079 0 0 10.079 59.25 806.4901 Tm 0 g (Options exercisable at end of year)Tj ET 0.934 g 247.41 816.81 5.28 -12.24 re f BT 10.079 0 0 10.079 247.41 806.4901 Tm 0 g ( )Tj ET 0.934 g 252.93 816.81 5.28 -12.24 re f BT 10.079 0 0 10.079 252.93 806.4901 Tm 0 g ( )Tj ET 0.934 g 258.45 816.81 32.64 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 258.45 806.97 Tm 0 g (430,135)Tj ET 0.934 g 291.33 816.81 5.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 291.33 806.4901 Tm 0 g ( )Tj ET 0.934 g 296.85 816.81 5.28 -12.24 re f BT 10.079 0 0 10.079 296.85 806.4901 Tm 0 g ( )Tj ET 0.934 g 302.37 816.81 12.96 -12.24 re f BT 10.079 0 0 10.079 302.37 806.4901 Tm 0 g ( )Tj ET 0.934 g 315.57 816.81 22.56 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 315.57 806.97 Tm 0 g (40.84)Tj ET 0.934 g 338.37 816.81 12.96 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 338.37 806.4901 Tm 0 g ( )Tj ET 0.934 g 351.57 816.81 5.28 -12.24 re f BT 10.079 0 0 10.079 351.57 806.4901 Tm 0 g ( )Tj ET 0.934 g 357.09 816.81 5.28 -12.24 re f BT 10.079 0 0 10.079 357.09 806.4901 Tm 0 g ( )Tj ET 0.934 g 362.61 816.81 32.64 -12.24 re f BT 10.079 0 0 10.079 362.61 806.4901 Tm 0 g (369,591)Tj ET 0.934 g 395.49 816.81 5.28 -12.24 re f BT 10.079 0 0 10.079 395.49 806.4901 Tm 0 g ( )Tj ET 0.934 g 401.01 816.81 5.28 -12.24 re f BT 10.079 0 0 10.079 401.01 806.4901 Tm 0 g ( )Tj ET 0.934 g 406.53 816.81 12.48 -12.24 re f BT 10.079 0 0 10.079 406.53 806.4901 Tm 0 g ( )Tj ET 0.934 g 419.25 816.81 22.56 -12.24 re f BT 10.079 0 0 10.079 419.25 806.4901 Tm 0 g (41.91)Tj ET 0.934 g 442.05 816.81 12.48 -12.24 re f BT 10.079 0 0 10.079 442.05 806.4901 Tm 0 g ( )Tj ET 0.934 g 454.77 816.81 5.28 -12.24 re f BT 10.079 0 0 10.079 454.77 806.4901 Tm 0 g ( )Tj ET 0.934 g 460.29 816.81 5.52 -12.24 re f BT 10.079 0 0 10.079 460.29 806.4901 Tm 0 g ( )Tj ET 0.934 g 466.05 816.81 32.64 -12.24 re f BT 10.079 0 0 10.079 466.05 806.4901 Tm 0 g (285,333)Tj ET 0.934 g 498.93 816.81 5.52 -12.24 re f BT 10.079 0 0 10.079 498.93 806.4901 Tm 0 g ( )Tj ET 0.934 g 504.69 816.81 5.52 -12.24 re f BT 10.079 0 0 10.079 504.69 806.4901 Tm 0 g ( )Tj ET 0.934 g 510.45 816.81 12.48 -12.24 re f BT 10.079 0 0 10.079 510.45 806.4901 Tm 0 g ( )Tj ET 0.934 g 523.17 816.81 22.56 -12.24 re f BT 10.079 0 0 10.079 523.1699 806.4901 Tm 0 g (43.69)Tj ET 0.934 g 545.97 816.81 12.48 -12.24 re f BT 10.079 0 0 10.079 545.97 806.4901 Tm 0 g ( )Tj -48.838 -1.1192 TD 0.2977 Tw [(Restricted )297.7(awards:)-11801.8( )-2714.5( )-762( )-1714.4( )-762( )-2714.5( )-714.3( )-1714.4( )-714.3( )-23.8( )-2714.5( )-23.8( )-23.8( )-714.3( )-1714.4( )]TJ ET 0.934 g 53.73 793.05 5.28 -12.24 re f BT 10.079 0 0 10.079 53.73 782.73 Tm 0 g 0 Tw ( )Tj ET 0.934 g 59.25 793.05 187.92 -12.24 re f BT 10.079 0 0 10.079 59.25 782.73 Tm 0 g (Awarded and restricted at beginning of year)Tj ET 0.934 g 247.41 793.05 5.28 -12.24 re f BT 10.079 0 0 10.079 247.41 782.73 Tm 0 g ( )Tj ET 0.934 g 252.93 793.05 5.28 -12.24 re f BT 10.079 0 0 10.079 252.93 782.73 Tm 0 g ( )Tj ET 0.934 g 258.45 793.05 32.64 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 263.49 783.2101 Tm 0 g (66,588)Tj ET 0.934 g 291.33 793.05 5.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 291.33 782.73 Tm 0 g ( )Tj ET 0.934 g 296.85 793.05 5.28 -12.24 re f BT 10.079 0 0 10.079 296.85 782.73 Tm 0 g ( )Tj ET 0.934 g 302.37 793.05 12.96 -12.24 re f BT 10.079 0 0 10.079 302.37 782.73 Tm 0 g ( )Tj ET 0.934 g 315.57 793.05 22.56 -12.24 re f BT 10.079 0 0 10.079 315.57 782.73 Tm 0 g ( )Tj ET 0.934 g 338.37 793.05 12.96 -12.24 re f BT 10.079 0 0 10.079 338.37 782.73 Tm 0 g ( )Tj ET 0.934 g 351.57 793.05 5.28 -12.24 re f BT 10.079 0 0 10.079 351.57 782.73 Tm 0 g ( )Tj ET 0.934 g 357.09 793.05 5.28 -12.24 re f BT 10.079 0 0 10.079 357.09 782.73 Tm 0 g ( )Tj ET 0.934 g 362.61 793.05 32.64 -12.24 re f BT 10.079 0 0 10.079 367.65 782.73 Tm 0 g (89,414)Tj ET 0.934 g 395.49 793.05 5.28 -12.24 re f BT 10.079 0 0 10.079 395.49 782.73 Tm 0 g ( )Tj ET 0.934 g 401.01 793.05 5.28 -12.24 re f BT 10.079 0 0 10.079 401.01 782.73 Tm 0 g ( )Tj ET 0.934 g 406.53 793.05 12.48 -12.24 re f BT 10.079 0 0 10.079 406.53 782.73 Tm 0 g ( )Tj ET 0.934 g 419.25 793.05 22.56 -12.24 re f BT 10.079 0 0 10.079 419.25 782.73 Tm 0 g ( )Tj ET 0.934 g 442.05 793.05 12.48 -12.24 re f BT 10.079 0 0 10.079 442.05 782.73 Tm 0 g ( )Tj ET 0.934 g 454.77 793.05 5.28 -12.24 re f BT 10.079 0 0 10.079 454.77 782.73 Tm 0 g ( )Tj ET 0.934 g 460.29 793.05 5.52 -12.24 re f BT 10.079 0 0 10.079 460.29 782.73 Tm 0 g ( )Tj ET 0.934 g 466.05 793.05 32.64 -12.24 re f BT 10.079 0 0 10.079 471.09 782.73 Tm 0 g (53,223)Tj ET 0.934 g 498.93 793.05 5.52 -12.24 re f BT 10.079 0 0 10.079 498.93 782.73 Tm 0 g ( )Tj ET 0.934 g 504.69 793.05 5.52 -12.24 re f BT 10.079 0 0 10.079 504.69 782.73 Tm 0 g ( )Tj ET 0.934 g 510.45 793.05 12.48 -12.24 re f BT 10.079 0 0 10.079 510.45 782.73 Tm 0 g ( )Tj ET 0.934 g 523.17 793.05 22.56 -12.24 re f BT 10.079 0 0 10.079 523.1699 782.73 Tm 0 g ( )Tj ET 0.934 g 545.97 793.05 12.48 -12.24 re f BT 10.079 0 0 10.079 545.97 782.73 Tm 0 g ( )Tj -48.838 -1.2382 TD [( )-297.7(Awarded during the year)-8700.3( )-297.7( )]TJ /F13 1 Tf 21.3116 0.0476 TD (4,106)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.2977 Tw [( )-762( )-1714.4( )-762( )-1000.1(9,821)-12.3( )-714.3( )-1714.4( )-714.3( )-1023.9(7,112)-12.3( )-23.8( )-23.8( )-714.3( )-1714.4( )]TJ ET 0.934 g 53.73 768.09 5.28 -11.04 re f BT 10.079 0 0 10.079 53.73 758.97 Tm 0 g 0 Tw ( )Tj ET 0.934 g 59.25 768.09 187.92 -11.04 re f BT 10.079 0 0 10.079 59.25 758.97 Tm 0 g (Vested)Tj ET 0.934 g 247.41 768.09 5.28 -11.04 re f BT 10.079 0 0 10.079 247.41 758.97 Tm 0 g ( )Tj ET 0.934 g 252.93 768.09 5.28 -11.04 re f BT 10.079 0 0 10.079 252.93 758.97 Tm 0 g ( )Tj ET 0.934 g 258.45 768.09 32.64 -11.04 re f BT 10.079 0 0 10.079 258.45 758.97 Tm 0 g ( )Tj ET 0.934 g 291.33 768.09 5.28 -11.04 re f BT 10.079 0 0 10.079 291.33 758.97 Tm 0 g ( )Tj ET 0.934 g 296.85 768.09 5.28 -11.04 re f BT 10.079 0 0 10.079 296.85 758.97 Tm 0 g ( )Tj ET 0.934 g 302.37 768.09 12.96 -11.04 re f BT 10.079 0 0 10.079 302.37 758.97 Tm 0 g ( )Tj ET 0.934 g 315.57 768.09 22.56 -11.04 re f BT 10.079 0 0 10.079 315.57 758.97 Tm 0 g ( )Tj ET 0.934 g 338.37 768.09 12.96 -11.04 re f BT 10.079 0 0 10.079 338.37 758.97 Tm 0 g ( )Tj ET 0.934 g 351.57 768.09 5.28 -11.04 re f BT 10.079 0 0 10.079 351.57 758.97 Tm 0 g ( )Tj ET 0.934 g 357.09 768.09 5.28 -11.04 re f BT 10.079 0 0 10.079 359.97 758.97 Tm 0 g ( )Tj ET 0.934 g 362.61 768.09 32.64 -11.04 re f BT 10.079 0 0 10.079 364.29 758.97 Tm 0 g (\(30,350)Tj ET 0.934 g 395.49 768.09 5.28 -11.04 re f BT 10.079 0 0 10.079 395.49 758.97 Tm 0 g (\))Tj ET 0.934 g 401.01 768.09 5.28 -11.04 re f BT 10.079 0 0 10.079 401.01 758.97 Tm 0 g ( )Tj ET 0.934 g 406.53 768.09 12.48 -11.04 re f BT 10.079 0 0 10.079 406.53 758.97 Tm 0 g ( )Tj ET 0.934 g 419.25 768.09 22.56 -11.04 re f BT 10.079 0 0 10.079 419.25 758.97 Tm 0 g ( )Tj ET 0.934 g 442.05 768.09 12.48 -11.04 re f BT 10.079 0 0 10.079 442.05 758.97 Tm 0 g ( )Tj ET 0.934 g 454.77 768.09 5.28 -11.04 re f BT 10.079 0 0 10.079 454.77 758.97 Tm 0 g ( )Tj ET 0.934 g 460.29 768.09 5.52 -11.04 re f BT 10.079 0 0 10.079 463.41 758.97 Tm 0 g ( )Tj ET 0.934 g 466.05 768.09 32.64 -11.04 re f BT 10.079 0 0 10.079 467.73 758.97 Tm 0 g (\(19,287)Tj ET 0.934 g 498.93 768.09 5.52 -11.04 re f BT 10.079 0 0 10.079 498.93 758.97 Tm 0 g (\))Tj ET 0.934 g 504.69 768.09 5.52 -11.04 re f BT 10.079 0 0 10.079 504.69 758.97 Tm 0 g ( )Tj ET 0.934 g 510.45 768.09 12.48 -11.04 re f BT 10.079 0 0 10.079 510.45 758.97 Tm 0 g ( )Tj ET 0.934 g 523.17 768.09 22.56 -11.04 re f BT 10.079 0 0 10.079 523.1699 758.97 Tm 0 g ( )Tj ET 0.934 g 545.97 768.09 12.48 -11.04 re f BT 10.079 0 0 10.079 545.97 758.97 Tm 0 g ( )Tj -48.838 -1.2382 TD 0.2977 Tw [( Cancelled)-14669.8( )-285.7( )]TJ 20.9782 0.0476 TD 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (5,937)Tj /F12 1 Tf 2.2621 -0.0476 TD 0.2977 Tw [(\))-214.7( )-762( )-1714.4( )-762( )-285.7( )-381(\(2,297)-12.7(\))-214.7( )-714.3( )-1714.4( )-714.3( )-23.8( )-2714.5( )-23.8( )-23.8( )-714.3( )-1714.4( )]TJ ET 0.934 g 53.73 744.33 5.28 -11.04 re f BT 10.079 0 0 10.079 53.73 735.2101 Tm 0 g 0 Tw ( )Tj ET 0.934 g 59.25 744.33 187.92 -11.04 re f BT 10.079 0 0 10.079 59.25 735.2101 Tm 0 g (Issued as performance shares)Tj ET 0.934 g 247.41 744.33 5.28 -11.04 re f BT 10.079 0 0 10.079 247.41 735.2101 Tm 0 g ( )Tj ET 0.934 g 252.93 744.33 5.28 -11.04 re f BT 10.079 0 0 10.079 252.93 735.2101 Tm 0 g ( )Tj ET 0.934 g 258.45 744.33 32.64 -11.04 re f BT 10.079 0 0 10.079 258.45 735.2101 Tm 0 g ( )Tj ET 0.934 g 291.33 744.33 5.28 -11.04 re f BT 10.079 0 0 10.079 291.33 735.2101 Tm 0 g ( )Tj ET 0.934 g 296.85 744.33 5.28 -11.04 re f BT 10.079 0 0 10.079 296.85 735.2101 Tm 0 g ( )Tj ET 0.934 g 302.37 744.33 12.96 -11.04 re f BT 10.079 0 0 10.079 302.37 735.2101 Tm 0 g ( )Tj ET 0.934 g 315.57 744.33 22.56 -11.04 re f BT 10.079 0 0 10.079 315.57 735.2101 Tm 0 g ( )Tj ET 0.934 g 338.37 744.33 12.96 -11.04 re f BT 10.079 0 0 10.079 338.37 735.2101 Tm 0 g ( )Tj ET 0.934 g 351.57 744.33 5.28 -11.04 re f BT 10.079 0 0 10.079 351.57 735.2101 Tm 0 g ( )Tj ET 0.934 g 357.09 744.33 5.28 -11.04 re f BT 10.079 0 0 10.079 357.09 735.2101 Tm 0 g ( )Tj ET 0.934 g 362.61 744.33 32.64 -11.04 re f BT 10.079 0 0 10.079 362.61 735.2101 Tm 0 g ( )Tj ET 0.934 g 395.49 744.33 5.28 -11.04 re f BT 10.079 0 0 10.079 395.49 735.2101 Tm 0 g ( )Tj ET 0.934 g 401.01 744.33 5.28 -11.04 re f BT 10.079 0 0 10.079 401.01 735.2101 Tm 0 g ( )Tj ET 0.934 g 406.53 744.33 12.48 -11.04 re f BT 10.079 0 0 10.079 406.53 735.2101 Tm 0 g ( )Tj ET 0.934 g 419.25 744.33 22.56 -11.04 re f BT 10.079 0 0 10.079 419.25 735.2101 Tm 0 g ( )Tj ET 0.934 g 442.05 744.33 12.48 -11.04 re f BT 10.079 0 0 10.079 442.05 735.2101 Tm 0 g ( )Tj ET 0.934 g 454.77 744.33 5.28 -11.04 re f BT 10.079 0 0 10.079 454.77 735.2101 Tm 0 g ( )Tj ET 0.934 g 460.29 744.33 5.52 -11.04 re f BT 10.079 0 0 10.079 460.29 735.2101 Tm 0 g ( )Tj ET 0.934 g 466.05 744.33 32.64 -11.04 re f BT 10.079 0 0 10.079 471.09 735.2101 Tm 0 g (48,366)Tj ET 0.934 g 498.93 744.33 5.52 -11.04 re f BT 10.079 0 0 10.079 498.93 735.2101 Tm 0 g ( )Tj ET 0.934 g 504.69 744.33 5.52 -11.04 re f BT 10.079 0 0 10.079 504.69 735.2101 Tm 0 g ( )Tj ET 0.934 g 510.45 744.33 12.48 -11.04 re f BT 10.079 0 0 10.079 510.45 735.2101 Tm 0 g ( )Tj ET 0.934 g 523.17 744.33 22.56 -11.04 re f BT 10.079 0 0 10.079 523.1699 735.2101 Tm 0 g ( )Tj ET 0.934 g 545.97 744.33 12.48 -11.04 re f BT 10.079 0 0 10.079 545.97 735.2101 Tm 0 g ( )Tj -48.838 -1.1192 TD 18.9661 Tc [( )18668.4( )]TJ ET 0.5 g 258.45 727.77 32.64 -0.48 re f BT 10.079 0 0 10.079 291.33 723.9301 Tm 0 g 0.2977 Tc [( )-762( )-1714.4( )-762( )]TJ ET 0.5 g 362.61 727.77 32.64 -0.48 re f BT 10.079 0 0 10.079 395.49 723.9301 Tm 0 g [( )-714.3( )-1714.4( )-714.3( )]TJ ET 0.5 g 466.05 727.77 32.64 -0.48 re f BT 10.079 0 0 10.079 498.93 723.9301 Tm 0 g 0.3215 Tc [( )-690.5( )-1690.6( )]TJ -44.1709 -1.2382 TD 0 Tc [( )-297.7(Awarded and restricted at end of year)-3619.8( )-297.7( )]TJ /F13 1 Tf 20.8115 0.0476 TD (64,757)Tj /F12 1 Tf 2.7622 -0.0476 TD 0.2977 Tw [( )-762( )-1714.4( )-762( )-500(66,588)-12.4( )-714.3( )-1714.4( )-714.3( )-523.8(89,414)-12.4( )-23.8( )-23.8( )-714.3( )-1714.4( )]TJ ET 0.934 g 53.73 709.29 193.44 -11.04 re f BT 10.079 0 0 10.079 53.73 700.17 Tm 0 g 0 Tw (Performance shares:)Tj ET 0.934 g 247.41 709.29 5.28 -11.04 re f BT 10.079 0 0 10.079 247.41 700.17 Tm 0 g ( )Tj ET 0.934 g 252.93 709.29 5.28 -11.04 re f BT 10.079 0 0 10.079 252.93 700.17 Tm 0 g ( )Tj ET 0.934 g 258.45 709.29 32.64 -11.04 re f BT 10.079 0 0 10.079 258.45 700.17 Tm 0 g ( )Tj ET 0.934 g 291.33 709.29 5.28 -11.04 re f BT 10.079 0 0 10.079 291.33 700.17 Tm 0 g ( )Tj ET 0.934 g 296.85 709.29 5.28 -11.04 re f BT 10.079 0 0 10.079 296.85 700.17 Tm 0 g ( )Tj ET 0.934 g 302.37 709.29 12.96 -11.04 re f BT 10.079 0 0 10.079 302.37 700.17 Tm 0 g ( )Tj ET 0.934 g 315.57 709.29 22.56 -11.04 re f BT 10.079 0 0 10.079 315.57 700.17 Tm 0 g ( )Tj ET 0.934 g 338.37 709.29 12.96 -11.04 re f BT 10.079 0 0 10.079 338.37 700.17 Tm 0 g ( )Tj ET 0.934 g 351.57 709.29 5.28 -11.04 re f BT 10.079 0 0 10.079 351.57 700.17 Tm 0 g ( )Tj ET 0.934 g 357.09 709.29 5.28 -11.04 re f BT 10.079 0 0 10.079 357.09 700.17 Tm 0 g ( )Tj ET 0.934 g 362.61 709.29 32.64 -11.04 re f BT 10.079 0 0 10.079 362.61 700.17 Tm 0 g ( )Tj ET 0.934 g 395.49 709.29 5.28 -11.04 re f BT 10.079 0 0 10.079 395.49 700.17 Tm 0 g ( )Tj ET 0.934 g 401.01 709.29 5.28 -11.04 re f BT 10.079 0 0 10.079 401.01 700.17 Tm 0 g ( )Tj ET 0.934 g 406.53 709.29 12.48 -11.04 re f BT 10.079 0 0 10.079 406.53 700.17 Tm 0 g ( )Tj ET 0.934 g 419.25 709.29 22.56 -11.04 re f BT 10.079 0 0 10.079 419.25 700.17 Tm 0 g ( )Tj ET 0.934 g 442.05 709.29 12.48 -11.04 re f BT 10.079 0 0 10.079 442.05 700.17 Tm 0 g ( )Tj ET 0.934 g 454.77 709.29 5.28 -11.04 re f BT 10.079 0 0 10.079 454.77 700.17 Tm 0 g ( )Tj ET 0.934 g 460.29 709.29 5.52 -11.04 re f BT 10.079 0 0 10.079 460.29 700.17 Tm 0 g ( )Tj ET 0.934 g 466.05 709.29 32.64 -11.04 re f BT 10.079 0 0 10.079 466.05 700.17 Tm 0 g ( )Tj ET 0.934 g 498.93 709.29 5.52 -11.04 re f BT 10.079 0 0 10.079 498.93 700.17 Tm 0 g ( )Tj ET 0.934 g 504.69 709.29 5.52 -11.04 re f BT 10.079 0 0 10.079 504.69 700.17 Tm 0 g ( )Tj ET 0.934 g 510.45 709.29 12.48 -11.04 re f BT 10.079 0 0 10.079 510.45 700.17 Tm 0 g ( )Tj ET 0.934 g 523.17 709.29 22.56 -11.04 re f BT 10.079 0 0 10.079 523.1699 700.17 Tm 0 g ( )Tj ET 0.934 g 545.97 709.29 12.48 -11.04 re f BT 10.079 0 0 10.079 545.97 700.17 Tm 0 g ( )Tj -48.838 -1.2382 TD [( )-297.7(Allocated at beginning of year)-6505.5( )-297.7( )]TJ /F13 1 Tf 20.3115 0.0476 TD (278,200)Tj /F12 1 Tf 3.2622 -0.0476 TD 0.2977 Tw [( )-762( )-1714.4( )-762( 212,450)-12.5( )-714.3( )-1714.4( )-714.3( )-23.8(174,950)-12.5( )-23.8( )-23.8( )-714.3( )-1714.4( )]TJ ET 0.934 g 53.73 685.53 5.28 -12.24 re f BT 10.079 0 0 10.079 53.73 675.2101 Tm 0 g 0 Tw ( )Tj ET 0.934 g 59.25 685.53 187.92 -12.24 re f BT 10.079 0 0 10.079 59.25 675.2101 Tm 0 g (Allocated during the year)Tj ET 0.934 g 247.41 685.53 5.28 -12.24 re f BT 10.079 0 0 10.079 247.41 675.2101 Tm 0 g ( )Tj ET 0.934 g 252.93 685.53 5.28 -12.24 re f BT 10.079 0 0 10.079 252.93 675.2101 Tm 0 g ( )Tj ET 0.934 g 258.45 685.53 32.64 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 258.45 675.6901 Tm 0 g (160,900)Tj ET 0.934 g 291.33 685.53 5.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 291.33 675.2101 Tm 0 g ( )Tj ET 0.934 g 296.85 685.53 5.28 -12.24 re f BT 10.079 0 0 10.079 296.85 675.2101 Tm 0 g ( )Tj ET 0.934 g 302.37 685.53 12.96 -12.24 re f BT 10.079 0 0 10.079 302.37 675.2101 Tm 0 g ( )Tj ET 0.934 g 315.57 685.53 22.56 -12.24 re f BT 10.079 0 0 10.079 315.57 675.2101 Tm 0 g ( )Tj ET 0.934 g 338.37 685.53 12.96 -12.24 re f BT 10.079 0 0 10.079 338.37 675.2101 Tm 0 g ( )Tj ET 0.934 g 351.57 685.53 5.28 -12.24 re f BT 10.079 0 0 10.079 351.57 675.2101 Tm 0 g ( )Tj ET 0.934 g 357.09 685.53 5.28 -12.24 re f BT 10.079 0 0 10.079 357.09 675.2101 Tm 0 g ( )Tj ET 0.934 g 362.61 685.53 32.64 -12.24 re f BT 10.079 0 0 10.079 362.61 675.2101 Tm 0 g (126,600)Tj ET 0.934 g 395.49 685.53 5.28 -12.24 re f BT 10.079 0 0 10.079 395.49 675.2101 Tm 0 g ( )Tj ET 0.934 g 401.01 685.53 5.28 -12.24 re f BT 10.079 0 0 10.079 401.01 675.2101 Tm 0 g ( )Tj ET 0.934 g 406.53 685.53 12.48 -12.24 re f BT 10.079 0 0 10.079 406.53 675.2101 Tm 0 g ( )Tj ET 0.934 g 419.25 685.53 22.56 -12.24 re f BT 10.079 0 0 10.079 419.25 675.2101 Tm 0 g ( )Tj ET 0.934 g 442.05 685.53 12.48 -12.24 re f BT 10.079 0 0 10.079 442.05 675.2101 Tm 0 g ( )Tj ET 0.934 g 454.77 685.53 5.28 -12.24 re f BT 10.079 0 0 10.079 454.77 675.2101 Tm 0 g ( )Tj ET 0.934 g 460.29 685.53 5.52 -12.24 re f BT 10.079 0 0 10.079 460.29 675.2101 Tm 0 g ( )Tj ET 0.934 g 466.05 685.53 32.64 -12.24 re f BT 10.079 0 0 10.079 471.09 675.2101 Tm 0 g (85,866)Tj ET 0.934 g 498.93 685.53 5.52 -12.24 re f BT 10.079 0 0 10.079 498.93 675.2101 Tm 0 g ( )Tj ET 0.934 g 504.69 685.53 5.52 -12.24 re f BT 10.079 0 0 10.079 504.69 675.2101 Tm 0 g ( )Tj ET 0.934 g 510.45 685.53 12.48 -12.24 re f BT 10.079 0 0 10.079 510.45 675.2101 Tm 0 g ( )Tj ET 0.934 g 523.17 685.53 22.56 -12.24 re f BT 10.079 0 0 10.079 523.1699 675.2101 Tm 0 g ( )Tj ET 0.934 g 545.97 685.53 12.48 -12.24 re f BT 10.079 0 0 10.079 545.97 675.2101 Tm 0 g ( )Tj -48.838 -1.1192 TD 0.2977 Tw [( Issued)-16113.6( )-2714.5( )-762( )-1714.4( )-762( )-285.7( )119.1(\(17,788)-12.8(\))-214.7( )-714.3( )-1714.4( )-714.3( )-309.5( )119.1(\(48,366)-12.8(\))-238.5( )-23.8( )-714.3( )-1714.4( )]TJ ET 0.934 g 53.73 661.77 5.28 -12.24 re f BT 10.079 0 0 10.079 53.73 651.4501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 59.25 661.77 187.92 -12.24 re f BT 10.079 0 0 10.079 59.25 651.4501 Tm 0 g (Forfeited/cancelled)Tj ET 0.934 g 247.41 661.77 5.28 -12.24 re f BT 10.079 0 0 10.079 247.41 651.4501 Tm 0 g ( )Tj ET 0.934 g 252.93 661.77 5.28 -12.24 re f BT 10.079 0 0 10.079 255.81 651.4501 Tm 0 g ( )Tj ET 0.934 g 258.45 661.77 32.64 -12.24 re f BT 10.079 0 0 10.079 260.13 651.9301 Tm 0 g (\()Tj /F13 1 Tf 0.3334 0 TD (86,882)Tj ET 0.934 g 291.33 661.77 5.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 291.33 651.4501 Tm 0 g (\))Tj ET 0.934 g 296.85 661.77 5.28 -12.24 re f BT 10.079 0 0 10.079 296.85 651.4501 Tm 0 g ( )Tj ET 0.934 g 302.37 661.77 12.96 -12.24 re f BT 10.079 0 0 10.079 302.37 651.4501 Tm 0 g ( )Tj ET 0.934 g 315.57 661.77 22.56 -12.24 re f BT 10.079 0 0 10.079 315.57 651.4501 Tm 0 g ( )Tj ET 0.934 g 338.37 661.77 12.96 -12.24 re f BT 10.079 0 0 10.079 338.37 651.4501 Tm 0 g ( )Tj ET 0.934 g 351.57 661.77 5.28 -12.24 re f BT 10.079 0 0 10.079 351.57 651.4501 Tm 0 g ( )Tj ET 0.934 g 357.09 661.77 5.28 -12.24 re f BT 10.079 0 0 10.079 359.97 651.4501 Tm 0 g ( )Tj ET 0.934 g 362.61 661.77 32.64 -12.24 re f BT 10.079 0 0 10.079 364.29 651.4501 Tm 0 g (\(43,062)Tj ET 0.934 g 395.49 661.77 5.28 -12.24 re f BT 10.079 0 0 10.079 395.49 651.4501 Tm 0 g (\))Tj ET 0.934 g 401.01 661.77 5.28 -12.24 re f BT 10.079 0 0 10.079 401.01 651.4501 Tm 0 g ( )Tj ET 0.934 g 406.53 661.77 12.48 -12.24 re f BT 10.079 0 0 10.079 406.53 651.4501 Tm 0 g ( )Tj ET 0.934 g 419.25 661.77 22.56 -12.24 re f BT 10.079 0 0 10.079 419.25 651.4501 Tm 0 g ( )Tj ET 0.934 g 442.05 661.77 12.48 -12.24 re f BT 10.079 0 0 10.079 442.05 651.4501 Tm 0 g ( )Tj ET 0.934 g 454.77 661.77 5.28 -12.24 re f BT 10.079 0 0 10.079 454.77 651.4501 Tm 0 g ( )Tj ET 0.934 g 460.29 661.77 5.52 -12.24 re f BT 10.079 0 0 10.079 460.29 651.4501 Tm 0 g ( )Tj ET 0.934 g 466.05 661.77 32.64 -12.24 re f BT 10.079 0 0 10.079 466.05 651.4501 Tm 0 g ( )Tj ET 0.934 g 498.93 661.77 5.52 -12.24 re f BT 10.079 0 0 10.079 498.93 651.4501 Tm 0 g ( )Tj ET 0.934 g 504.69 661.77 5.52 -12.24 re f BT 10.079 0 0 10.079 504.69 651.4501 Tm 0 g ( )Tj ET 0.934 g 510.45 661.77 12.48 -12.24 re f BT 10.079 0 0 10.079 510.45 651.4501 Tm 0 g ( )Tj ET 0.934 g 523.17 661.77 22.56 -12.24 re f BT 10.079 0 0 10.079 523.1699 651.4501 Tm 0 g ( )Tj ET 0.934 g 545.97 661.77 12.48 -12.24 re f BT 10.079 0 0 10.079 545.97 651.4501 Tm 0 g ( )Tj -48.838 -1.1192 TD 18.9661 Tc [( )18668.4( )]TJ ET 0.5 g 258.45 644.01 32.64 -0.48 re f BT 10.079 0 0 10.079 291.33 640.17 Tm 0 g 0.2977 Tc [( )-762( )-1714.4( )-762( )]TJ ET 0.5 g 362.61 644.01 32.64 -0.48 re f BT 10.079 0 0 10.079 395.49 640.17 Tm 0 g [( )-714.3( )-1714.4( )-714.3( )]TJ ET 0.5 g 466.05 644.01 32.64 -0.48 re f BT 10.079 0 0 10.079 498.93 640.17 Tm 0 g 0.3215 Tc [( )-690.5( )-1690.6( )]TJ -44.1709 -1.2382 TD 0 Tc [( )-297.7(Allocated at end of year)-9061.3( )-297.7( )]TJ /F13 1 Tf 20.3115 0.0476 TD (352,218)Tj /F12 1 Tf 3.2622 -0.0476 TD 0.2977 Tw [( )-762( )-1714.4( )-762( 278,200)-12.5( )-714.3( )-1714.4( )-714.3( )-23.8(212,450)-12.5( )-23.8( )-23.8( )-714.3( )-1714.4( )]TJ ET 0.934 g 53.73 625.53 193.44 -11.04 re f BT 10.079 0 0 10.079 53.73 616.41 Tm 0 g 0 Tw (Directors)Tj /F2 1 Tf 3.7207 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( retainer and voluntary shares:)Tj ET 0.934 g 247.41 625.53 5.28 -11.04 re f BT 10.079 0 0 10.079 247.41 616.41 Tm 0 g ( )Tj ET 0.934 g 252.93 625.53 5.28 -11.04 re f BT 10.079 0 0 10.079 252.93 616.41 Tm 0 g ( )Tj ET 0.934 g 258.45 625.53 32.64 -11.04 re f BT 10.079 0 0 10.079 258.45 616.41 Tm 0 g ( )Tj ET 0.934 g 291.33 625.53 5.28 -11.04 re f BT 10.079 0 0 10.079 291.33 616.41 Tm 0 g ( )Tj ET 0.934 g 296.85 625.53 5.28 -11.04 re f BT 10.079 0 0 10.079 296.85 616.41 Tm 0 g ( )Tj ET 0.934 g 302.37 625.53 12.96 -11.04 re f BT 10.079 0 0 10.079 302.37 616.41 Tm 0 g ( )Tj ET 0.934 g 315.57 625.53 22.56 -11.04 re f BT 10.079 0 0 10.079 315.57 616.41 Tm 0 g ( )Tj ET 0.934 g 338.37 625.53 12.96 -11.04 re f BT 10.079 0 0 10.079 338.37 616.41 Tm 0 g ( )Tj ET 0.934 g 351.57 625.53 5.28 -11.04 re f BT 10.079 0 0 10.079 351.57 616.41 Tm 0 g ( )Tj ET 0.934 g 357.09 625.53 5.28 -11.04 re f BT 10.079 0 0 10.079 357.09 616.41 Tm 0 g ( )Tj ET 0.934 g 362.61 625.53 32.64 -11.04 re f BT 10.079 0 0 10.079 362.61 616.41 Tm 0 g ( )Tj ET 0.934 g 395.49 625.53 5.28 -11.04 re f BT 10.079 0 0 10.079 395.49 616.41 Tm 0 g ( )Tj ET 0.934 g 401.01 625.53 5.28 -11.04 re f BT 10.079 0 0 10.079 401.01 616.41 Tm 0 g ( )Tj ET 0.934 g 406.53 625.53 12.48 -11.04 re f BT 10.079 0 0 10.079 406.53 616.41 Tm 0 g ( )Tj ET 0.934 g 419.25 625.53 22.56 -11.04 re f BT 10.079 0 0 10.079 419.25 616.41 Tm 0 g ( )Tj ET 0.934 g 442.05 625.53 12.48 -11.04 re f BT 10.079 0 0 10.079 442.05 616.41 Tm 0 g ( )Tj ET 0.934 g 454.77 625.53 5.28 -11.04 re f BT 10.079 0 0 10.079 454.77 616.41 Tm 0 g ( )Tj ET 0.934 g 460.29 625.53 5.52 -11.04 re f BT 10.079 0 0 10.079 460.29 616.41 Tm 0 g ( )Tj ET 0.934 g 466.05 625.53 32.64 -11.04 re f BT 10.079 0 0 10.079 466.05 616.41 Tm 0 g ( )Tj ET 0.934 g 498.93 625.53 5.52 -11.04 re f BT 10.079 0 0 10.079 498.93 616.41 Tm 0 g ( )Tj ET 0.934 g 504.69 625.53 5.52 -11.04 re f BT 10.079 0 0 10.079 504.69 616.41 Tm 0 g ( )Tj ET 0.934 g 510.45 625.53 12.48 -11.04 re f BT 10.079 0 0 10.079 510.45 616.41 Tm 0 g ( )Tj ET 0.934 g 523.17 625.53 22.56 -11.04 re f BT 10.079 0 0 10.079 523.1699 616.41 Tm 0 g ( )Tj ET 0.934 g 545.97 625.53 12.48 -11.04 re f BT 10.079 0 0 10.079 545.97 616.41 Tm 0 g ( )Tj -48.838 -1.2382 TD [( )-297.7(Awarded at beginning of year)-6728.5( )-297.7( )]TJ /F13 1 Tf 20.8115 0.0476 TD (10,471)Tj /F12 1 Tf 2.7622 -0.0476 TD 0.2977 Tw [( )-762( )-1714.4( )-762( )-1000.1(9,394)-12.3( )-714.3( )-1714.4( )-714.3( )-1023.9(9,980)-12.3( )-23.8( )-23.8( )-714.3( )-1714.4( )]TJ ET 0.934 g 53.73 601.77 5.28 -12.24 re f BT 10.079 0 0 10.079 53.73 591.4501 Tm 0 g 0 Tw ( )Tj ET 0.934 g 59.25 601.77 187.92 -12.24 re f BT 10.079 0 0 10.079 59.25 591.4501 Tm 0 g (Awarded during the year)Tj ET 0.934 g 247.41 601.77 5.28 -12.24 re f BT 10.079 0 0 10.079 247.41 591.4501 Tm 0 g ( )Tj ET 0.934 g 252.93 601.77 5.28 -12.24 re f BT 10.079 0 0 10.079 252.93 591.4501 Tm 0 g ( )Tj ET 0.934 g 258.45 601.77 32.64 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 268.53 591.9301 Tm 0 g (7,811)Tj ET 0.934 g 291.33 601.77 5.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 291.33 591.4501 Tm 0 g ( )Tj ET 0.934 g 296.85 601.77 5.28 -12.24 re f BT 10.079 0 0 10.079 296.85 591.4501 Tm 0 g ( )Tj ET 0.934 g 302.37 601.77 12.96 -12.24 re f BT 10.079 0 0 10.079 302.37 591.4501 Tm 0 g ( )Tj ET 0.934 g 315.57 601.77 22.56 -12.24 re f BT 10.079 0 0 10.079 315.57 591.4501 Tm 0 g ( )Tj ET 0.934 g 338.37 601.77 12.96 -12.24 re f BT 10.079 0 0 10.079 338.37 591.4501 Tm 0 g ( )Tj ET 0.934 g 351.57 601.77 5.28 -12.24 re f BT 10.079 0 0 10.079 351.57 591.4501 Tm 0 g ( )Tj ET 0.934 g 357.09 601.77 5.28 -12.24 re f BT 10.079 0 0 10.079 357.09 591.4501 Tm 0 g ( )Tj ET 0.934 g 362.61 601.77 32.64 -12.24 re f BT 10.079 0 0 10.079 367.65 591.4501 Tm 0 g (10,867)Tj ET 0.934 g 395.49 601.77 5.28 -12.24 re f BT 10.079 0 0 10.079 395.49 591.4501 Tm 0 g ( )Tj ET 0.934 g 401.01 601.77 5.28 -12.24 re f BT 10.079 0 0 10.079 401.01 591.4501 Tm 0 g ( )Tj ET 0.934 g 406.53 601.77 12.48 -12.24 re f BT 10.079 0 0 10.079 406.53 591.4501 Tm 0 g ( )Tj ET 0.934 g 419.25 601.77 22.56 -12.24 re f BT 10.079 0 0 10.079 419.25 591.4501 Tm 0 g ( )Tj ET 0.934 g 442.05 601.77 12.48 -12.24 re f BT 10.079 0 0 10.079 442.05 591.4501 Tm 0 g ( )Tj ET 0.934 g 454.77 601.77 5.28 -12.24 re f BT 10.079 0 0 10.079 454.77 591.4501 Tm 0 g ( )Tj ET 0.934 g 460.29 601.77 5.52 -12.24 re f BT 10.079 0 0 10.079 460.29 591.4501 Tm 0 g ( )Tj ET 0.934 g 466.05 601.77 32.64 -12.24 re f BT 10.079 0 0 10.079 476.13 591.4501 Tm 0 g (9,394)Tj ET 0.934 g 498.93 601.77 5.52 -12.24 re f BT 10.079 0 0 10.079 498.93 591.4501 Tm 0 g ( )Tj ET 0.934 g 504.69 601.77 5.52 -12.24 re f BT 10.079 0 0 10.079 504.69 591.4501 Tm 0 g ( )Tj ET 0.934 g 510.45 601.77 12.48 -12.24 re f BT 10.079 0 0 10.079 510.45 591.4501 Tm 0 g ( )Tj ET 0.934 g 523.17 601.77 22.56 -12.24 re f BT 10.079 0 0 10.079 523.1699 591.4501 Tm 0 g ( )Tj ET 0.934 g 545.97 601.77 12.48 -12.24 re f BT 10.079 0 0 10.079 545.97 591.4501 Tm 0 g ( )Tj -48.838 -1.2382 TD 0.2977 Tw [( Issued)-16113.6( )-285.7( )]TJ 20.4781 0.0476 TD 0 Tw (\()Tj /F13 1 Tf 0.3334 0 TD (10,470)Tj /F12 1 Tf 2.7622 -0.0476 TD 1.012 Tw [(\))-214.7( )714.3( )-47.7( )-1000.1( )-47.7( )428.6( )333.3(\(9,790)-12.7(\))-214.7( )714.3( )-1000.1( )404.8( )333.3(\(9,980)-12.7(\))-238.5( )690.5( )-1000.1( )]TJ -23.5737 -1.1192 TD 18.9661 Tc 0 Tw [( )18668.4( )]TJ ET 0.5 g 258.45 571.53 32.64 -0.48 re f BT 10.079 0 0 10.079 291.33 567.6901 Tm 0 g 0.2977 Tc [( )-762( )-1714.4( )-762( )]TJ ET 0.5 g 362.61 571.53 32.64 -0.48 re f BT 10.079 0 0 10.079 395.49 567.6901 Tm 0 g [( )-714.3( )-1714.4( )-714.3( )]TJ ET 0.5 g 466.05 571.53 32.64 -0.48 re f BT 10.079 0 0 10.079 498.93 567.6901 Tm 0 g 0.3215 Tc [( )-690.5( )-1690.6( )]TJ ET 0.934 g 53.73 565.53 5.28 -12.24 re f BT 10.079 0 0 10.079 53.73 555.2101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 59.25 565.53 187.92 -12.24 re f BT 10.079 0 0 10.079 59.25 555.2101 Tm 0 g (Awarded at end of year)Tj ET 0.934 g 247.41 565.53 5.28 -12.24 re f BT 10.079 0 0 10.079 247.41 555.2101 Tm 0 g ( )Tj ET 0.934 g 252.93 565.53 5.28 -12.24 re f BT 10.079 0 0 10.079 252.93 555.2101 Tm 0 g ( )Tj ET 0.934 g 258.45 565.53 32.64 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 268.53 555.6901 Tm 0 g (7,812)Tj ET 0.934 g 291.33 565.53 5.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 291.33 555.2101 Tm 0 g ( )Tj ET 0.934 g 296.85 565.53 5.28 -12.24 re f BT 10.079 0 0 10.079 296.85 555.2101 Tm 0 g ( )Tj ET 0.934 g 302.37 565.53 12.96 -12.24 re f BT 10.079 0 0 10.079 302.37 555.2101 Tm 0 g ( )Tj ET 0.934 g 315.57 565.53 22.56 -12.24 re f BT 10.079 0 0 10.079 315.57 555.2101 Tm 0 g ( )Tj ET 0.934 g 338.37 565.53 12.96 -12.24 re f BT 10.079 0 0 10.079 338.37 555.2101 Tm 0 g ( )Tj ET 0.934 g 351.57 565.53 5.28 -12.24 re f BT 10.079 0 0 10.079 351.57 555.2101 Tm 0 g ( )Tj ET 0.934 g 357.09 565.53 5.28 -12.24 re f BT 10.079 0 0 10.079 357.09 555.2101 Tm 0 g ( )Tj ET 0.934 g 362.61 565.53 32.64 -12.24 re f BT 10.079 0 0 10.079 367.65 555.2101 Tm 0 g (10,471)Tj ET 0.934 g 395.49 565.53 5.28 -12.24 re f BT 10.079 0 0 10.079 395.49 555.2101 Tm 0 g ( )Tj ET 0.934 g 401.01 565.53 5.28 -12.24 re f BT 10.079 0 0 10.079 401.01 555.2101 Tm 0 g ( )Tj ET 0.934 g 406.53 565.53 12.48 -12.24 re f BT 10.079 0 0 10.079 406.53 555.2101 Tm 0 g ( )Tj ET 0.934 g 419.25 565.53 22.56 -12.24 re f BT 10.079 0 0 10.079 419.25 555.2101 Tm 0 g ( )Tj ET 0.934 g 442.05 565.53 12.48 -12.24 re f BT 10.079 0 0 10.079 442.05 555.2101 Tm 0 g ( )Tj ET 0.934 g 454.77 565.53 5.28 -12.24 re f BT 10.079 0 0 10.079 454.77 555.2101 Tm 0 g ( )Tj ET 0.934 g 460.29 565.53 5.52 -12.24 re f BT 10.079 0 0 10.079 460.29 555.2101 Tm 0 g ( )Tj ET 0.934 g 466.05 565.53 32.64 -12.24 re f BT 10.079 0 0 10.079 476.13 555.2101 Tm 0 g (9,394)Tj ET 0.934 g 498.93 565.53 5.52 -12.24 re f BT 10.079 0 0 10.079 498.93 555.2101 Tm 0 g ( )Tj ET 0.934 g 504.69 565.53 5.52 -12.24 re f BT 10.079 0 0 10.079 504.69 555.2101 Tm 0 g ( )Tj ET 0.934 g 510.45 565.53 12.48 -12.24 re f BT 10.079 0 0 10.079 510.45 555.2101 Tm 0 g ( )Tj ET 0.934 g 523.17 565.53 22.56 -12.24 re f BT 10.079 0 0 10.079 523.1699 555.2101 Tm 0 g ( )Tj ET 0.934 g 545.97 565.53 12.48 -12.24 re f BT 10.079 0 0 10.079 545.97 555.2101 Tm 0 g ( )Tj -48.838 -1.1192 TD (Reserved for future grants or awards at end of )Tj 0.7382 -1.1191 TD 0.2977 Tw [(year:)-16479.1( )-2714.5( )-762( )-1714.4( )-762( )-2714.5( )-714.3( )-1714.4( )-714.3( )-23.8( )-2714.5( )-23.8( )-23.8( )-714.3( )-1714.4( )]TJ ET 0.934 g 53.73 530.49 5.28 -12.24 re f BT 10.079 0 0 10.079 53.73 520.17 Tm 0 g 0 Tw ( )Tj ET 0.934 g 59.25 530.49 5.28 -12.24 re f BT 10.079 0 0 10.079 59.25 520.17 Tm 0 g ( )Tj ET 0.934 g 64.77 530.49 182.4 -12.24 re f BT 10.079 0 0 10.079 64.77 520.17 Tm 0 g (Employee plans)Tj ET 0.934 g 247.41 530.49 5.28 -12.24 re f BT 10.079 0 0 10.079 247.41 520.17 Tm 0 g ( )Tj ET 0.934 g 252.93 530.49 5.28 -12.24 re f BT 10.079 0 0 10.079 252.93 520.17 Tm 0 g ( )Tj ET 0.934 g 258.45 530.49 32.64 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 258.45 520.6501 Tm 0 g (211,900)Tj ET 0.934 g 291.33 530.49 5.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 291.33 520.17 Tm 0 g ( )Tj ET 0.934 g 296.85 530.49 5.28 -12.24 re f BT 10.079 0 0 10.079 296.85 520.17 Tm 0 g ( )Tj ET 0.934 g 302.37 530.49 12.96 -12.24 re f BT 10.079 0 0 10.079 302.37 520.17 Tm 0 g ( )Tj ET 0.934 g 315.57 530.49 22.56 -12.24 re f BT 10.079 0 0 10.079 315.57 520.17 Tm 0 g ( )Tj ET 0.934 g 338.37 530.49 12.96 -12.24 re f BT 10.079 0 0 10.079 338.37 520.17 Tm 0 g ( )Tj ET 0.934 g 351.57 530.49 5.28 -12.24 re f BT 10.079 0 0 10.079 351.57 520.17 Tm 0 g ( )Tj ET 0.934 g 357.09 530.49 5.28 -12.24 re f BT 10.079 0 0 10.079 357.09 520.17 Tm 0 g ( )Tj ET 0.934 g 362.61 530.49 32.64 -12.24 re f BT 10.079 0 0 10.079 362.61 520.17 Tm 0 g (289,619)Tj ET 0.934 g 395.49 530.49 5.28 -12.24 re f BT 10.079 0 0 10.079 395.49 520.17 Tm 0 g ( )Tj ET 0.934 g 401.01 530.49 5.28 -12.24 re f BT 10.079 0 0 10.079 401.01 520.17 Tm 0 g ( )Tj ET 0.934 g 406.53 530.49 12.48 -12.24 re f BT 10.079 0 0 10.079 406.53 520.17 Tm 0 g ( )Tj ET 0.934 g 419.25 530.49 22.56 -12.24 re f BT 10.079 0 0 10.079 419.25 520.17 Tm 0 g ( )Tj ET 0.934 g 442.05 530.49 12.48 -12.24 re f BT 10.079 0 0 10.079 442.05 520.17 Tm 0 g ( )Tj ET 0.934 g 454.77 530.49 5.28 -12.24 re f BT 10.079 0 0 10.079 454.77 520.17 Tm 0 g ( )Tj ET 0.934 g 460.29 530.49 5.52 -12.24 re f BT 10.079 0 0 10.079 460.29 520.17 Tm 0 g ( )Tj ET 0.934 g 466.05 530.49 32.64 -12.24 re f BT 10.079 0 0 10.079 466.05 520.17 Tm 0 g (320,013)Tj ET 0.934 g 498.93 530.49 5.52 -12.24 re f BT 10.079 0 0 10.079 498.93 520.17 Tm 0 g ( )Tj ET 0.934 g 504.69 530.49 5.52 -12.24 re f BT 10.079 0 0 10.079 504.69 520.17 Tm 0 g ( )Tj ET 0.934 g 510.45 530.49 12.48 -12.24 re f BT 10.079 0 0 10.079 510.45 520.17 Tm 0 g ( )Tj ET 0.934 g 523.17 530.49 22.56 -12.24 re f BT 10.079 0 0 10.079 523.1699 520.17 Tm 0 g ( )Tj ET 0.934 g 545.97 530.49 12.48 -12.24 re f BT 10.079 0 0 10.079 545.97 520.17 Tm 0 g ( )Tj -48.838 -1.2382 TD 0.2977 Tw [( Directors)]TJ /F2 1 Tf 4.816 0 TD 0 Tw ()Tj /F12 1 Tf 0.333 0 TD [( plans)-11706.3( )-297.7( )]TJ /F13 1 Tf 15.6625 0.0476 TD (38,334)Tj /F12 1 Tf 2.7622 -0.0476 TD 0.2977 Tw [( )-762( )-1714.4( )-762( )-500(59,145)-12.4( )-714.3( )-1714.4( )-714.3( )-1023.9(9,012)-12.3( )-23.8( )-23.8( )-714.3( )-1714.4( )]TJ -23.5737 -1.1192 TD 18.9661 Tc 0 Tw [( )18668.4( )]TJ ET 0.5 g 258.45 500.25 32.64 -0.48 re f BT 10.079 0 0 10.079 291.33 496.4101 Tm 0 g 0.2977 Tc [( )-762( )-1714.4( )-762( )]TJ ET 0.5 g 362.61 500.25 32.64 -0.48 re f BT 10.079 0 0 10.079 395.49 496.4101 Tm 0 g [( )-714.3( )-1714.4( )-714.3( )]TJ ET 0.5 g 466.05 500.25 32.64 -0.48 re f BT 10.079 0 0 10.079 498.93 496.4101 Tm 0 g 0.3215 Tc [( )-690.5( )-1690.6( )]TJ ET 0.934 g 53.73 494.25 5.28 -12.24 re f BT 10.079 0 0 10.079 53.73 483.9301 Tm 0 g 0 Tc ( )Tj ET 0.934 g 59.25 494.25 5.28 -12.24 re f BT 10.079 0 0 10.079 59.25 483.9301 Tm 0 g ( )Tj ET 0.934 g 64.77 494.25 5.28 -12.24 re f BT 10.079 0 0 10.079 64.77 483.9301 Tm 0 g ( )Tj ET 0.934 g 70.29 494.25 176.88 -12.24 re f BT 10.079 0 0 10.079 70.29 483.9301 Tm 0 g (Total)Tj ET 0.934 g 247.41 494.25 5.28 -12.24 re f BT 10.079 0 0 10.079 247.41 483.9301 Tm 0 g ( )Tj ET 0.934 g 252.93 494.25 5.28 -12.24 re f BT 10.079 0 0 10.079 252.93 483.9301 Tm 0 g ( )Tj ET 0.934 g 258.45 494.25 32.64 -12.24 re f BT /F13 1 Tf 10.079 0 0 10.079 258.45 484.4101 Tm 0 g (250,234)Tj ET 0.934 g 291.33 494.25 5.28 -12.24 re f BT /F12 1 Tf 10.079 0 0 10.079 291.33 483.9301 Tm 0 g ( )Tj ET 0.934 g 296.85 494.25 5.28 -12.24 re f BT 10.079 0 0 10.079 296.85 483.9301 Tm 0 g ( )Tj ET 0.934 g 302.37 494.25 12.96 -12.24 re f BT 10.079 0 0 10.079 302.37 483.9301 Tm 0 g ( )Tj ET 0.934 g 315.57 494.25 22.56 -12.24 re f BT 10.079 0 0 10.079 315.57 483.9301 Tm 0 g ( )Tj ET 0.934 g 338.37 494.25 12.96 -12.24 re f BT 10.079 0 0 10.079 338.37 483.9301 Tm 0 g ( )Tj ET 0.934 g 351.57 494.25 5.28 -12.24 re f BT 10.079 0 0 10.079 351.57 483.9301 Tm 0 g ( )Tj ET 0.934 g 357.09 494.25 5.28 -12.24 re f BT 10.079 0 0 10.079 357.09 483.9301 Tm 0 g ( )Tj ET 0.934 g 362.61 494.25 32.64 -12.24 re f BT 10.079 0 0 10.079 362.61 483.9301 Tm 0 g (339,764)Tj ET 0.934 g 395.49 494.25 5.28 -12.24 re f BT 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The Company has committed to purchase approximately $23 million of pellets )Tj 51.9353 0 TD (in )Tj -51.9353 -1.1192 TD (2003. )Tj 0 -2.5241 TD ( The Company and its ventures are periodically involved in litigation incidental to their operations. 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)-1040( )480( )-1040( )-1040( )-20( )-20( )-20( )-1320( )]TJ 7.439 0 0 7.439 39.57 917.13 Tm 0 Tc 1.1373 Tw [( )-28648.8( )-1451.8( )709.8( )-1677.6( )774.3( )-1871.2(2002)-1968.1( )-1677.6( )-32.2( )-32.2( )-32.2( )-2129.3( )]TJ 0 -1.1292 TD 1.1373 Tc 0 Tw [( )-28648.8( )]TJ ET 0.5 g 293.97 909.45 263.04 -0.48 re f BT 7.439 0 0 7.439 557.2499 908.73 Tm 0 g 0.0081 Tc ( )Tj -69.5896 -1.1292 TD 0 Tc 1.1373 Tw [( )-28648.8( )-7581.6(Quarters)-6170.9( )-1677.6( )-32.2( )-32.2( )-32.2( )-2129.3( )-742( )1129.2( )1129.2( )]TJ T* 1.1373 Tc 0 Tw [( )-28648.8( )]TJ ET 0.5 g 293.97 892.65 192 -0.48 re f BT 7.439 0 0 7.439 486.21 891.9301 Tm 0 g 0.0081 Tc [( )-1161.4( )-1161.4( )-3258.5( )-1871.2( )]TJ -60.04 -1.1292 TD 0 Tc 1.1373 Tw [( )-28648.8( )-1871.2(First)-1908.3( )-677.5(Second)-733.7( )-1774.4(Third)-1842.9( )-1580.8(Fourth)-1623.7( )-2581(Year)]TJ T* 1.1373 Tc 0 Tw [( )-28648.8( )]TJ ET 0.5 g 293.97 875.85 41.52 -0.48 re f BT 7.439 0 0 7.439 335.73 875.13 Tm 0 g 0 Tc ( )Tj ET 0.5 g 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496.77 873.45 10.32 -11.04 re f BT 10.079 0 0 10.079 502.29 864.3301 Tm 0 g ($)Tj ET 0.934 g 507.33 873.45 25.92 -11.04 re f BT 10.079 0 0 10.079 510.6899 864.3301 Tm 0 g (617.1)Tj ET 0.934 g 533.49 873.45 15.6 -11.04 re f BT 10.079 0 0 10.079 533.4899 864.3301 Tm 0 g ( )Tj -49.0047 -1.1192 TD 0.7739 Tw [(Gross )773.9(profit )773.9(\(loss\)*)-16440.3( )-762( )762(\(12.4)-12.6(\))-690.9( )-476.2(3.4)-12.1( )571.5( )-1000.1(9.4)-12.1( )-500.1(15.5)-12.2( )-23.8( )-23.8( )-857.2(15.9)-12.2( )]TJ ET 0.934 g 39.57 850.89 243.84 -11.04 re f BT 10.079 0 0 10.079 39.57 841.77 Tm 0 g 0 Tw (Income \(loss\) from continuing operations)Tj ET 0.934 g 283.65 850.89 10.08 -11.04 re f BT 10.079 0 0 10.079 283.65 841.77 Tm 0 g ( )Tj ET 0.934 g 293.97 850.89 10.08 -11.04 re f BT 10.079 0 0 10.079 301.65 841.77 Tm 0 g ( )Tj ET 0.934 g 304.29 850.89 20.88 -11.04 re f BT 10.079 0 0 10.079 309.33 841.77 Tm 0 g (\(8.9)Tj ET 0.934 g 325.41 850.89 10.08 -11.04 re f BT 10.079 0 0 10.079 325.41 841.77 Tm 0 g (\))Tj ET 0.934 g 335.73 850.89 10.08 -11.04 re f BT 10.079 0 0 10.079 335.73 841.77 Tm 0 g ( )Tj ET 0.934 g 346.05 850.89 4.8 -11.04 re f BT 10.079 0 0 10.079 346.05 841.77 Tm 0 g ( )Tj ET 0.934 g 351.09 850.89 22.56 -11.04 re f BT 10.079 0 0 10.079 361.17 841.77 Tm 0 g (2.0)Tj ET 0.934 g 373.89 850.89 4.32 -11.04 re f BT 10.079 0 0 10.079 373.89 841.77 Tm 0 g ( )Tj ET 0.934 g 378.45 850.89 10.08 -11.04 re f BT 10.079 0 0 10.079 378.45 841.77 Tm 0 g ( )Tj ET 0.934 g 388.77 850.89 10.08 -11.04 re f BT 10.079 0 0 10.079 388.77 841.77 Tm 0 g ( )Tj ET 0.934 g 399.09 850.89 22.56 -11.04 re f BT 10.079 0 0 10.079 409.17 841.77 Tm 0 g (6.1)Tj ET 0.934 g 421.89 850.89 10.08 -11.04 re f BT 10.079 0 0 10.079 421.89 841.77 Tm 0 g ( )Tj ET 0.934 g 432.21 850.89 10.08 -11.04 re f BT 10.079 0 0 10.079 432.21 841.77 Tm 0 g ( )Tj ET 0.934 g 442.53 850.89 10.08 -11.04 re f BT 10.079 0 0 10.079 450.21 841.77 Tm 0 g ( )Tj ET 0.934 g 452.85 850.89 22.56 -11.04 re f BT 10.079 0 0 10.079 454.53 841.77 Tm 0 g (\(65.6)Tj ET 0.934 g 475.65 850.89 10.32 -11.04 re f BT 10.079 0 0 10.079 475.65 841.77 Tm 0 g (\))Tj ET 0.934 g 486.21 850.89 10.32 -11.04 re f BT 10.079 0 0 10.079 486.21 841.77 Tm 0 g ( )Tj ET 0.934 g 496.77 850.89 10.32 -11.04 re f BT 10.079 0 0 10.079 504.69 841.77 Tm 0 g ( )Tj ET 0.934 g 507.33 850.89 25.92 -11.04 re f BT 10.079 0 0 10.079 512.3699 841.77 Tm 0 g (\(66.4)Tj ET 0.934 g 533.49 850.89 15.6 -11.04 re f BT 10.079 0 0 10.079 533.4899 841.77 Tm 0 g (\))Tj -49.0047 -1.1191 TD 1.5359 Tw [(Discontinued )1535.9(operation)-14857.4( )1023.9(\(2.6)-12.5(\))-690.9( )523.9( )857.2(\(1.9)-12.5(\))-119.4( )1357.3(\(98.8)-12.6(\))-690.9( )857.2(\(5.2)-12.5(\))-714.7( )-47.6( )1524(\(108.5)-12.7(\))]TJ ET 0.934 g 39.57 828.33 243.84 -11.04 re f BT 10.079 0 0 10.079 39.57 819.2101 Tm 0 g 0 Tw (Cumulative effect of accounting change)Tj ET 0.934 g 283.65 828.33 10.08 -11.04 re f BT 10.079 0 0 10.079 283.65 819.2101 Tm 0 g ( )Tj ET 0.934 g 293.97 828.33 10.08 -11.04 re f BT 10.079 0 0 10.079 301.65 819.2101 Tm 0 g ( )Tj ET 0.934 g 304.29 828.33 20.88 -11.04 re f BT 10.079 0 0 10.079 304.29 819.2101 Tm 0 g (\(13.4)Tj ET 0.934 g 325.41 828.33 10.08 -11.04 re f BT 10.079 0 0 10.079 325.41 819.2101 Tm 0 g (\))Tj ET 0.934 g 335.73 828.33 10.08 -11.04 re f BT 10.079 0 0 10.079 335.73 819.2101 Tm 0 g ( )Tj ET 0.934 g 346.05 828.33 4.8 -11.04 re f BT 10.079 0 0 10.079 346.05 819.2101 Tm 0 g ( )Tj ET 0.934 g 351.09 828.33 22.56 -11.04 re f BT 10.079 0 0 10.079 351.09 819.2101 Tm 0 g ( )Tj ET 0.934 g 373.89 828.33 4.32 -11.04 re f BT 10.079 0 0 10.079 373.89 819.2101 Tm 0 g ( )Tj ET 0.934 g 378.45 828.33 10.08 -11.04 re f BT 10.079 0 0 10.079 378.45 819.2101 Tm 0 g ( )Tj ET 0.934 g 388.77 828.33 10.08 -11.04 re f BT 10.079 0 0 10.079 388.77 819.2101 Tm 0 g ( )Tj ET 0.934 g 399.09 828.33 22.56 -11.04 re f BT 10.079 0 0 10.079 399.09 819.2101 Tm 0 g ( )Tj ET 0.934 g 421.89 828.33 10.08 -11.04 re f BT 10.079 0 0 10.079 421.89 819.2101 Tm 0 g ( )Tj ET 0.934 g 432.21 828.33 10.08 -11.04 re f BT 10.079 0 0 10.079 432.21 819.2101 Tm 0 g ( )Tj ET 0.934 g 442.53 828.33 10.08 -11.04 re f BT 10.079 0 0 10.079 442.53 819.2101 Tm 0 g ( )Tj ET 0.934 g 452.85 828.33 22.56 -11.04 re f BT 10.079 0 0 10.079 452.85 819.2101 Tm 0 g ( )Tj ET 0.934 g 475.65 828.33 10.32 -11.04 re f BT 10.079 0 0 10.079 475.65 819.2101 Tm 0 g ( )Tj ET 0.934 g 486.21 828.33 10.32 -11.04 re f BT 10.079 0 0 10.079 486.21 819.2101 Tm 0 g ( )Tj ET 0.934 g 496.77 828.33 10.32 -11.04 re f BT 10.079 0 0 10.079 504.69 819.2101 Tm 0 g ( )Tj ET 0.934 g 507.33 828.33 25.92 -11.04 re f BT 10.079 0 0 10.079 512.3699 819.2101 Tm 0 g (\(13.4)Tj ET 0.934 g 533.49 828.33 15.6 -11.04 re f BT 10.079 0 0 10.079 533.4899 819.2101 Tm 0 g (\))Tj -49.0047 -1.1192 TD 23.9666 Tc [( )23192.7( )]TJ ET 0.5 g 304.29 811.77 20.88 -0.48 re f BT 10.079 0 0 10.079 325.41 807.9301 Tm 0 g 0.7739 Tc ( )Tj ET 0.5 g 351.09 811.77 22.56 -0.48 re f BT 10.079 0 0 10.079 373.89 807.9301 Tm 0 g 0.2024 Tc [( )-571.5( )]TJ ET 0.5 g 399.09 811.77 22.56 -0.48 re f BT 10.079 0 0 10.079 421.89 807.9301 Tm 0 g 0.7739 Tc ( )Tj ET 0.5 g 452.85 811.77 22.56 -0.48 re f BT 10.079 0 0 10.079 475.65 807.9301 Tm 0 g 0.7977 Tc ( )Tj ET 0.5 g 507.33 811.77 25.92 -0.48 re f BT 10.079 0 0 10.079 533.4899 807.9301 Tm 0 g 0 Tc ( )Tj -49.0047 -1.1192 TD 1.2978 Tw [( )523.9(Net )1297.8(income )1297.8(\(loss\))-16083.3( $\(24.9)-12.6(\))-690.9( )523.9($)-1500.2(.)0(1)-12( )1095.4( $)-166.7(\(92.7)-12.6(\))-690.9( $)-166.7(\(70.8)-12.6(\))-714.7( )-47.6($\(188.3)-12.7(\))]TJ T* 23.9666 Tc 0 Tw [( )23192.7( )]TJ ET 0.5 g 304.29 790.41 20.88 -2.88 re f BT 10.079 0 0 10.079 325.41 785.37 Tm 0 g 0.7739 Tc ( )Tj ET 0.5 g 351.09 790.41 22.56 -2.88 re f BT 10.079 0 0 10.079 373.89 785.37 Tm 0 g 0.2024 Tc [( )-571.5( )]TJ ET 0.5 g 399.09 790.41 22.56 -2.88 re f BT 10.079 0 0 10.079 421.89 785.37 Tm 0 g 0.7739 Tc ( )Tj ET 0.5 g 452.85 790.41 22.56 -2.88 re f BT 10.079 0 0 10.079 475.65 785.37 Tm 0 g 0.7977 Tc ( )Tj ET 0.5 g 507.33 790.41 25.92 -2.88 re f BT 10.079 0 0 10.079 533.4899 785.37 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 783.21 10.08 -11.04 re f BT 10.079 0 0 10.079 39.57 774.09 Tm 0 g ( )Tj ET 0.934 g 49.89 783.21 233.52 -11.04 re f BT 10.079 0 0 10.079 49.89 774.09 Tm 0 g (Net income \(loss\) per share)Tj ET 0.934 g 283.65 783.21 10.08 -11.04 re f BT 10.079 0 0 10.079 283.65 774.09 Tm 0 g ( )Tj ET 0.934 g 293.97 783.21 10.08 -11.04 re f BT 10.079 0 0 10.079 293.97 774.09 Tm 0 g ( )Tj ET 0.934 g 304.29 783.21 20.88 -11.04 re f BT 10.079 0 0 10.079 304.29 774.09 Tm 0 g ( )Tj ET 0.934 g 325.41 783.21 10.08 -11.04 re f BT 10.079 0 0 10.079 325.41 774.09 Tm 0 g ( )Tj ET 0.934 g 335.73 783.21 10.08 -11.04 re f BT 10.079 0 0 10.079 335.73 774.09 Tm 0 g ( )Tj ET 0.934 g 346.05 783.21 4.8 -11.04 re f BT 10.079 0 0 10.079 346.05 774.09 Tm 0 g ( )Tj ET 0.934 g 351.09 783.21 22.56 -11.04 re f BT 10.079 0 0 10.079 351.09 774.09 Tm 0 g ( )Tj ET 0.934 g 373.89 783.21 4.32 -11.04 re f BT 10.079 0 0 10.079 373.89 774.09 Tm 0 g ( )Tj ET 0.934 g 378.45 783.21 10.08 -11.04 re f BT 10.079 0 0 10.079 378.45 774.09 Tm 0 g ( )Tj ET 0.934 g 388.77 783.21 10.08 -11.04 re f BT 10.079 0 0 10.079 388.77 774.09 Tm 0 g ( )Tj ET 0.934 g 399.09 783.21 22.56 -11.04 re f BT 10.079 0 0 10.079 399.09 774.09 Tm 0 g ( )Tj ET 0.934 g 421.89 783.21 10.08 -11.04 re f BT 10.079 0 0 10.079 421.89 774.09 Tm 0 g ( )Tj ET 0.934 g 432.21 783.21 10.08 -11.04 re f BT 10.079 0 0 10.079 432.21 774.09 Tm 0 g ( )Tj ET 0.934 g 442.53 783.21 10.08 -11.04 re f BT 10.079 0 0 10.079 442.53 774.09 Tm 0 g ( )Tj ET 0.934 g 452.85 783.21 22.56 -11.04 re f BT 10.079 0 0 10.079 452.85 774.09 Tm 0 g ( )Tj ET 0.934 g 475.65 783.21 10.32 -11.04 re f BT 10.079 0 0 10.079 475.65 774.09 Tm 0 g ( )Tj ET 0.934 g 486.21 783.21 10.32 -11.04 re f BT 10.079 0 0 10.079 486.21 774.09 Tm 0 g ( )Tj ET 0.934 g 496.77 783.21 10.32 -11.04 re f BT 10.079 0 0 10.079 496.77 774.09 Tm 0 g ( )Tj ET 0.934 g 507.33 783.21 25.92 -11.04 re f BT 10.079 0 0 10.079 507.33 774.09 Tm 0 g ( )Tj ET 0.934 g 533.49 783.21 15.6 -11.04 re f BT 10.079 0 0 10.079 533.4899 774.09 Tm 0 g ( )Tj -49.0047 -1.1191 TD 0.7739 Tw [( Basic/diluted)-16891.2( )-523.9($\(2.44)-12.6(\))-690.9( $)-1000.1(.01)-12.1( )571.5( )-523.9($)-166.7(\(9.18)-12.6(\))-690.9( )-523.9($)-166.7(\(7.01)-12.6(\))-714.7( )-571.5($\(18.62)-12.7(\))]TJ T* 23.9666 Tc 0 Tw [( )23192.7( )]TJ ET 0.5 g 304.29 756.57 20.88 -2.88 re f BT 10.079 0 0 10.079 325.41 751.53 Tm 0 g 0.7739 Tc ( )Tj ET 0.5 g 351.09 756.57 22.56 -2.88 re f BT 10.079 0 0 10.079 373.89 751.53 Tm 0 g 0.2024 Tc [( )-571.5( )]TJ ET 0.5 g 399.09 756.57 22.56 -2.88 re f BT 10.079 0 0 10.079 421.89 751.53 Tm 0 g 0.7739 Tc ( )Tj ET 0.5 g 452.85 756.57 22.56 -2.88 re f BT 10.079 0 0 10.079 475.65 751.53 Tm 0 g 0.7977 Tc ( )Tj ET 0.5 g 507.33 756.57 25.92 -2.88 re f BT 10.079 0 0 10.079 533.4899 751.53 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 749.37 243.84 -11.04 re f BT 10.079 0 0 10.079 39.57 740.2501 Tm 0 g (Average number of shares)Tj ET 0.934 g 283.65 749.37 10.08 -11.04 re f BT 10.079 0 0 10.079 283.65 740.2501 Tm 0 g ( )Tj ET 0.934 g 293.97 749.37 10.08 -11.04 re f BT 10.079 0 0 10.079 293.97 740.2501 Tm 0 g ( )Tj ET 0.934 g 304.29 749.37 20.88 -11.04 re f BT 10.079 0 0 10.079 304.29 740.2501 Tm 0 g ( )Tj ET 0.934 g 325.41 749.37 10.08 -11.04 re f BT 10.079 0 0 10.079 325.41 740.2501 Tm 0 g ( )Tj ET 0.934 g 335.73 749.37 10.08 -11.04 re f BT 10.079 0 0 10.079 335.73 740.2501 Tm 0 g ( )Tj ET 0.934 g 346.05 749.37 4.8 -11.04 re f BT 10.079 0 0 10.079 346.05 740.2501 Tm 0 g ( )Tj ET 0.934 g 351.09 749.37 22.56 -11.04 re f BT 10.079 0 0 10.079 351.09 740.2501 Tm 0 g ( )Tj ET 0.934 g 373.89 749.37 4.32 -11.04 re f BT 10.079 0 0 10.079 373.89 740.2501 Tm 0 g ( )Tj ET 0.934 g 378.45 749.37 10.08 -11.04 re f BT 10.079 0 0 10.079 378.45 740.2501 Tm 0 g ( )Tj ET 0.934 g 388.77 749.37 10.08 -11.04 re f BT 10.079 0 0 10.079 388.77 740.2501 Tm 0 g ( )Tj ET 0.934 g 399.09 749.37 22.56 -11.04 re f BT 10.079 0 0 10.079 399.09 740.2501 Tm 0 g ( )Tj ET 0.934 g 421.89 749.37 10.08 -11.04 re f BT 10.079 0 0 10.079 421.89 740.2501 Tm 0 g ( )Tj ET 0.934 g 432.21 749.37 10.08 -11.04 re f BT 10.079 0 0 10.079 432.21 740.2501 Tm 0 g ( )Tj ET 0.934 g 442.53 749.37 10.08 -11.04 re f BT 10.079 0 0 10.079 442.53 740.2501 Tm 0 g ( )Tj ET 0.934 g 452.85 749.37 22.56 -11.04 re f BT 10.079 0 0 10.079 452.85 740.2501 Tm 0 g ( )Tj ET 0.934 g 475.65 749.37 10.32 -11.04 re f BT 10.079 0 0 10.079 475.65 740.2501 Tm 0 g ( )Tj ET 0.934 g 486.21 749.37 10.32 -11.04 re f BT 10.079 0 0 10.079 486.21 740.2501 Tm 0 g ( )Tj ET 0.934 g 496.77 749.37 10.32 -11.04 re f BT 10.079 0 0 10.079 496.77 740.2501 Tm 0 g ( )Tj ET 0.934 g 507.33 749.37 25.92 -11.04 re f BT 10.079 0 0 10.079 507.33 740.2501 Tm 0 g ( )Tj ET 0.934 g 533.49 749.37 15.6 -11.04 re f BT 10.079 0 0 10.079 533.4899 740.2501 Tm 0 g ( )Tj -49.0047 -1.1191 TD 0.7739 Tw [( Basic/diluted)-16891.2( )-333.4(10.2)-12.2( )23.8(10.2)-12.2( )571.5( )-500.1(10.1)-12.2( )-500.1(10.1)-12.2( )-23.8( )-23.8( )-857.2(10.1)-12.2( )]TJ ET 0.5 g 25.65 710.97 100.8 -0.48 re f BT 10.079 0 0 10.079 25.65 699.4501 Tm 0 g 0 Tw [(*)-71.5( )-1416.8(From continuing operations \(excluding $52.7 million charge for impairment of mining assets in the fourth quarter from gross )]TJ 2.2383 -1.1192 TD (profit\).)Tj -2.2383 -2.524 TD ( Quarterly results included $13.8 million, $3.4 million, $3.4 million and zero, respectively, of pre-tax fixed costs relate)Tj 48.4906 0 TD (d to production )Tj -48.4906 -1.1192 TD (curtailments. First quarter results have been restated to include $13.4 million, or $1.32 per share for the cumulative effect o)Tj 49.2925 0 TD (f SFAS )Tj -49.2925 -1.1192 TD (No. 143. Quarterly results were restated by approximately $.5 million, or $.05 per share, in each of the first three quarters f)Tj 49.1795 0 TD (or additional )Tj -49.1795 -1.1192 TD (current year charges related to adoption. Third quarter reflects $95.7 million and fourth quarter $52.7 million for impairment )Tj 50.1255 0 TD (charges )Tj -50.1255 -1.1192 TD (relating to discontinued operation and impairment of mining assets, respectively. )Tj 12 0 0 12 39.57 604.6501 Tm 0.65 Tc [( )-18640( )460( )-580( )-860( )460( )-1000( )460( )-1000( )-20( )-20( )-20( )-1000( )]TJ 7.439 0 0 7.439 39.57 595.29 Tm 0 Tc 1.2018 Tw [( )-30068.4( )742( )-935.6( )-1387.3( )-1580.9(2001)-1645.5( )742( )-1613.1( )-32.3( )-32.3( )-32.3( )-1613.1( )]TJ 0 -1.1292 TD 1.2018 Tc 0 Tw [( )-30068.4( )]TJ ET 0.5 g 306.45 587.61 250.56 -0.48 re f BT 7.439 0 0 7.439 557.2499 586.8901 Tm 0 g 0.0081 Tc ( )Tj -69.5896 -1.1292 TD 0 Tc 1.2341 Tw [( )32.3( )32.3( )-30036.1( )32.3( )774.3( )-7904.2(Quarters)-7042( )-1580.8( )-1580.8( )1226( )1226( )1226( )]TJ T* 1.2018 Tc 0 Tw [( )-30068.4( )]TJ ET 0.5 g 306.45 570.81 186.72 -0.48 re f BT 7.439 0 0 7.439 493.41 570.0901 Tm 0 g 1.2341 Tc [( )-1580.8( )1226( )1226( )1226( )]TJ -61.0079 -1.1292 TD 0 Tc 1.2018 Tw [( )-30068.4( )-1355(First)-1359.9( )-1355(Second)-1443.5( )-1484.1(Third)-1520.3( )-1258.2(Fourth)-1333.4( )-2064.8(Year)]TJ T* 1.2018 Tc 0 Tw [( )-30068.4( )]TJ ET 0.5 g 306.45 554.01 33.6 -0.48 re f BT 7.439 0 0 7.439 340.29 553.29 Tm 0 g 0 Tc ( )Tj ET 0.5 g 351.09 554.01 42.48 -0.48 re f BT 7.439 0 0 7.439 393.81 553.29 Tm 0 g ( )Tj ET 0.5 g 404.61 554.01 38.64 -0.48 re f BT 7.439 0 0 7.439 443.49 553.29 Tm 0 g ( )Tj ET 0.5 g 454.29 554.01 38.88 -0.48 re f BT 7.439 0 0 7.439 493.41 553.29 Tm 0 g ( )Tj ET 0.5 g 504.45 554.01 44.64 -0.48 re f 0.934 g 39.57 551.61 255.84 -11.04 re f BT 10.079 0 0 10.079 39.57 542.4901 Tm 0 g (Total revenues*)Tj ET 0.934 g 295.65 551.61 10.56 -11.04 re f BT 10.079 0 0 10.079 295.65 542.4901 Tm 0 g ( )Tj ET 0.934 g 306.45 551.61 5.04 -11.04 re f BT 10.079 0 0 10.079 306.69 542.4901 Tm 0 g ($)Tj ET 0.934 g 311.73 551.61 17.52 -11.04 re f BT 10.079 0 0 10.079 311.73 542.4901 Tm 0 g (32.3)Tj ET 0.934 g 329.49 551.61 10.56 -11.04 re f BT 10.079 0 0 10.079 329.49 542.4901 Tm 0 g ( )Tj ET 0.934 g 340.29 551.61 10.56 -11.04 re f BT 10.079 0 0 10.079 340.29 542.4901 Tm 0 g ( )Tj ET 0.934 g 351.09 551.61 10.56 -11.04 re f BT 10.079 0 0 10.079 356.85 542.4901 Tm 0 g ($)Tj ET 0.934 g 361.89 551.61 20.88 -11.04 re f BT 10.079 0 0 10.079 365.25 542.4901 Tm 0 g (93.1)Tj ET 0.934 g 383.01 551.61 10.56 -11.04 re f BT 10.079 0 0 10.079 383.01 542.4901 Tm 0 g ( )Tj ET 0.934 g 393.81 551.61 10.56 -11.04 re f BT 10.079 0 0 10.079 393.81 542.4901 Tm 0 g ( )Tj ET 0.934 g 404.61 551.61 5.04 -11.04 re f BT 10.079 0 0 10.079 404.85 542.4901 Tm 0 g ($)Tj ET 0.934 g 409.89 551.61 22.56 -11.04 re f BT 10.079 0 0 10.079 409.89 542.4901 Tm 0 g (121.4)Tj ET 0.934 g 432.69 551.61 10.56 -11.04 re f BT 10.079 0 0 10.079 432.69 542.4901 Tm 0 g ( )Tj ET 0.934 g 443.49 551.61 10.56 -11.04 re f BT 10.079 0 0 10.079 443.49 542.4901 Tm 0 g ( )Tj ET 0.934 g 454.29 551.61 5.04 -11.04 re f BT 10.079 0 0 10.079 454.53 542.4901 Tm 0 g ($)Tj ET 0.934 g 459.57 551.61 22.56 -11.04 re f BT 10.079 0 0 10.079 459.57 542.4901 Tm 0 g (116.3)Tj ET 0.934 g 482.37 551.61 10.8 -11.04 re f BT 10.079 0 0 10.079 482.37 542.4901 Tm 0 g ( )Tj ET 0.934 g 493.41 551.61 10.8 -11.04 re f BT 10.079 0 0 10.079 493.41 542.4901 Tm 0 g ( )Tj ET 0.934 g 504.45 551.61 10.8 -11.04 re f BT 10.079 0 0 10.079 510.45 542.4901 Tm 0 g ($)Tj ET 0.934 g 515.49 551.61 22.56 -11.04 re f BT 10.079 0 0 10.079 515.4899 542.4901 Tm 0 g (363.1)Tj ET 0.934 g 538.29 551.61 10.8 -11.04 re f BT 10.079 0 0 10.079 538.2899 542.4901 Tm 0 g ( )Tj -49.4809 -1.1192 TD 0.8215 Tw [(Gross )821.5(profit )821.5(\(loss\)*)-17630.8( )-262( )642.9(\(6.3)-12.5(\))-738.5( )-809.6( )809.6(\(11.0)-12.6(\))-738.5( )-452.5(4.8)-12.1( )-452.5(2.9)-12.1( )-23.8( )-857.3( )142.8(\(9.6)-12.5(\))]TJ ET 0.934 g 39.57 529.05 255.84 -11.04 re f BT 10.079 0 0 10.079 39.57 519.9301 Tm 0 g 0 Tw (Income \(loss\) from continuing operations)Tj ET 0.934 g 295.65 529.05 10.56 -11.04 re f BT 10.079 0 0 10.079 295.65 519.9301 Tm 0 g ( )Tj ET 0.934 g 306.45 529.05 5.04 -11.04 re f BT 10.079 0 0 10.079 306.45 519.9301 Tm 0 g ( )Tj ET 0.934 g 311.73 529.05 17.52 -11.04 re f BT 10.079 0 0 10.079 316.77 519.9301 Tm 0 g (2.8)Tj ET 0.934 g 329.49 529.05 10.56 -11.04 re f BT 10.079 0 0 10.079 329.49 519.9301 Tm 0 g ( )Tj ET 0.934 g 340.29 529.05 10.56 -11.04 re f BT 10.079 0 0 10.079 340.29 519.9301 Tm 0 g ( )Tj ET 0.934 g 351.09 529.05 10.56 -11.04 re f BT 10.079 0 0 10.079 359.25 519.9301 Tm 0 g ( )Tj ET 0.934 g 361.89 529.05 20.88 -11.04 re f BT 10.079 0 0 10.079 361.89 519.9301 Tm 0 g (\(12.1)Tj ET 0.934 g 383.01 529.05 10.56 -11.04 re f BT 10.079 0 0 10.079 383.01 519.9301 Tm 0 g (\))Tj ET 0.934 g 393.81 529.05 10.56 -11.04 re f BT 10.079 0 0 10.079 393.81 519.9301 Tm 0 g ( )Tj ET 0.934 g 404.61 529.05 5.04 -11.04 re f BT 10.079 0 0 10.079 407.25 519.9301 Tm 0 g ( )Tj ET 0.934 g 409.89 529.05 22.56 -11.04 re f BT 10.079 0 0 10.079 416.61 519.9301 Tm 0 g (\(7.7)Tj ET 0.934 g 432.69 529.05 10.56 -11.04 re f BT 10.079 0 0 10.079 432.69 519.9301 Tm 0 g (\))Tj ET 0.934 g 443.49 529.05 10.56 -11.04 re f BT 10.079 0 0 10.079 443.49 519.9301 Tm 0 g ( )Tj ET 0.934 g 454.29 529.05 5.04 -11.04 re f BT 10.079 0 0 10.079 456.93 519.9301 Tm 0 g ( )Tj ET 0.934 g 459.57 529.05 22.56 -11.04 re f BT 10.079 0 0 10.079 466.29 519.9301 Tm 0 g (\(2.5)Tj ET 0.934 g 482.37 529.05 10.8 -11.04 re f BT 10.079 0 0 10.079 482.37 519.9301 Tm 0 g (\))Tj ET 0.934 g 493.41 529.05 10.8 -11.04 re f BT 10.079 0 0 10.079 493.41 519.9301 Tm 0 g ( )Tj ET 0.934 g 504.45 529.05 10.8 -11.04 re f BT 10.079 0 0 10.079 512.85 519.9301 Tm 0 g ( )Tj ET 0.934 g 515.49 529.05 22.56 -11.04 re f BT 10.079 0 0 10.079 517.1699 519.9301 Tm 0 g (\(19.5)Tj ET 0.934 g 538.29 529.05 10.8 -11.04 re f BT 10.079 0 0 10.079 538.2899 519.9301 Tm 0 g (\))Tj -49.4809 -1.1192 TD 1.0835 Tw [(Discontinued )1083.5(operation)-16048( )904.9(\(3.1)-12.5(\))-738.5( )-547.6( )571.5(\(3.0)-12.5(\))-738.5( )404.8(\(3.3)-12.5(\))-738.5( )404.8(\(3.3)-12.5(\))-762.3( )-595.3( )904.9(\(12.7)-12.6(\))]TJ ET 0.934 g 39.57 506.49 255.84 -11.04 re f BT 10.079 0 0 10.079 39.57 497.3701 Tm 0 g 0 Tw (Cumulative effect of accounting change)Tj ET 0.934 g 295.65 506.49 10.56 -11.04 re f BT 10.079 0 0 10.079 295.65 497.3701 Tm 0 g ( )Tj ET 0.934 g 306.45 506.49 5.04 -11.04 re f BT 10.079 0 0 10.079 306.45 497.3701 Tm 0 g ( )Tj ET 0.934 g 311.73 506.49 17.52 -11.04 re f BT 10.079 0 0 10.079 311.73 497.3701 Tm 0 g ( )Tj ET 0.934 g 329.49 506.49 10.56 -11.04 re f BT 10.079 0 0 10.079 329.49 497.3701 Tm 0 g ( )Tj ET 0.934 g 340.29 506.49 10.56 -11.04 re f BT 10.079 0 0 10.079 340.29 497.3701 Tm 0 g ( )Tj ET 0.934 g 351.09 506.49 10.56 -11.04 re f BT 10.079 0 0 10.079 351.09 497.3701 Tm 0 g ( )Tj ET 0.934 g 361.89 506.49 20.88 -11.04 re f BT 10.079 0 0 10.079 361.89 497.3701 Tm 0 g ( )Tj ET 0.934 g 383.01 506.49 10.56 -11.04 re f BT 10.079 0 0 10.079 383.01 497.3701 Tm 0 g ( )Tj ET 0.934 g 393.81 506.49 10.56 -11.04 re f BT 10.079 0 0 10.079 393.81 497.3701 Tm 0 g ( )Tj ET 0.934 g 404.61 506.49 5.04 -11.04 re f BT 10.079 0 0 10.079 404.61 497.3701 Tm 0 g ( )Tj ET 0.934 g 409.89 506.49 22.56 -11.04 re f BT 10.079 0 0 10.079 419.97 497.3701 Tm 0 g (9.3)Tj ET 0.934 g 432.69 506.49 10.56 -11.04 re f BT 10.079 0 0 10.079 432.69 497.3701 Tm 0 g ( )Tj ET 0.934 g 443.49 506.49 10.56 -11.04 re f BT 10.079 0 0 10.079 443.49 497.3701 Tm 0 g ( )Tj ET 0.934 g 454.29 506.49 5.04 -11.04 re f BT 10.079 0 0 10.079 454.29 497.3701 Tm 0 g ( )Tj ET 0.934 g 459.57 506.49 22.56 -11.04 re f BT 10.079 0 0 10.079 459.57 497.3701 Tm 0 g ( )Tj ET 0.934 g 482.37 506.49 10.8 -11.04 re f BT 10.079 0 0 10.079 482.37 497.3701 Tm 0 g ( )Tj ET 0.934 g 493.41 506.49 10.8 -11.04 re f BT 10.079 0 0 10.079 493.41 497.3701 Tm 0 g ( )Tj ET 0.934 g 504.45 506.49 10.8 -11.04 re f BT 10.079 0 0 10.079 504.45 497.3701 Tm 0 g ( )Tj ET 0.934 g 515.49 506.49 22.56 -11.04 re f BT 10.079 0 0 10.079 525.5699 497.3701 Tm 0 g (9.3)Tj ET 0.934 g 538.29 506.49 10.8 -11.04 re f BT 10.079 0 0 10.079 538.2899 497.3701 Tm 0 g ( )Tj -49.4809 -1.1192 TD 25.1572 Tc [( )24335.7( )]TJ ET 0.5 g 311.73 489.93 17.52 -0.48 re f BT 10.079 0 0 10.079 329.49 486.0901 Tm 0 g 0.8215 Tc ( )Tj ET 0.5 g 361.89 489.93 20.88 -0.48 re f BT 10.079 0 0 10.079 383.01 486.0901 Tm 0 g ( )Tj ET 0.5 g 409.89 489.93 22.56 -0.48 re f BT 10.079 0 0 10.079 432.69 486.0901 Tm 0 g ( )Tj ET 0.5 g 459.57 489.93 22.56 -0.48 re f BT 10.079 0 0 10.079 482.37 486.0901 Tm 0 g 0.8453 Tc ( )Tj ET 0.5 g 515.49 489.93 22.56 -0.48 re f BT 10.079 0 0 10.079 538.2899 486.0901 Tm 0 g 0 Tc ( )Tj -49.4809 -1.1192 TD 0.8453 Tw [( )23.8(Net )845.3(income )845.3(\(loss\))-17226.3( $)-666.8(\(.3)-12.4(\))-738.5( )-547.7($\(15.1)-12.6(\))-738.5( $)-666.8(\(1.7)-12.5(\))-738.5( $)-666.8(\(5.8)-12.5(\))-762.3( )-595.3($)-166.7(\(22.9)-12.6(\))]TJ T* 25.1572 Tc 0 Tw [( )24335.7( )]TJ ET 0.5 g 311.73 468.57 17.52 -2.88 re f BT 10.079 0 0 10.079 329.49 463.5301 Tm 0 g 0.8215 Tc ( )Tj ET 0.5 g 361.89 468.57 20.88 -2.88 re f BT 10.079 0 0 10.079 383.01 463.5301 Tm 0 g ( )Tj ET 0.5 g 409.89 468.57 22.56 -2.88 re f BT 10.079 0 0 10.079 432.69 463.5301 Tm 0 g ( )Tj ET 0.5 g 459.57 468.57 22.56 -2.88 re f BT 10.079 0 0 10.079 482.37 463.5301 Tm 0 g 0.8453 Tc ( )Tj ET 0.5 g 515.49 468.57 22.56 -2.88 re f BT 10.079 0 0 10.079 538.2899 463.5301 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 461.37 10.56 -11.04 re f BT 10.079 0 0 10.079 39.57 452.2501 Tm 0 g ( )Tj ET 0.934 g 50.37 461.37 245.04 -11.04 re f BT 10.079 0 0 10.079 50.37 452.2501 Tm 0 g (Net income \(loss\) per share)Tj ET 0.934 g 295.65 461.37 10.56 -11.04 re f BT 10.079 0 0 10.079 295.65 452.2501 Tm 0 g ( )Tj ET 0.934 g 306.45 461.37 5.04 -11.04 re f BT 10.079 0 0 10.079 306.45 452.2501 Tm 0 g ( )Tj ET 0.934 g 311.73 461.37 17.52 -11.04 re f BT 10.079 0 0 10.079 311.73 452.2501 Tm 0 g ( )Tj ET 0.934 g 329.49 461.37 10.56 -11.04 re f BT 10.079 0 0 10.079 329.49 452.2501 Tm 0 g ( )Tj ET 0.934 g 340.29 461.37 10.56 -11.04 re f BT 10.079 0 0 10.079 340.29 452.2501 Tm 0 g ( )Tj ET 0.934 g 351.09 461.37 10.56 -11.04 re f BT 10.079 0 0 10.079 351.09 452.2501 Tm 0 g ( )Tj ET 0.934 g 361.89 461.37 20.88 -11.04 re f BT 10.079 0 0 10.079 361.89 452.2501 Tm 0 g ( )Tj ET 0.934 g 383.01 461.37 10.56 -11.04 re f BT 10.079 0 0 10.079 383.01 452.2501 Tm 0 g ( )Tj ET 0.934 g 393.81 461.37 10.56 -11.04 re f BT 10.079 0 0 10.079 393.81 452.2501 Tm 0 g ( )Tj ET 0.934 g 404.61 461.37 5.04 -11.04 re f BT 10.079 0 0 10.079 404.61 452.2501 Tm 0 g ( )Tj ET 0.934 g 409.89 461.37 22.56 -11.04 re f BT 10.079 0 0 10.079 409.89 452.2501 Tm 0 g ( )Tj ET 0.934 g 432.69 461.37 10.56 -11.04 re f BT 10.079 0 0 10.079 432.69 452.2501 Tm 0 g ( )Tj ET 0.934 g 443.49 461.37 10.56 -11.04 re f BT 10.079 0 0 10.079 443.49 452.2501 Tm 0 g ( )Tj ET 0.934 g 454.29 461.37 5.04 -11.04 re f BT 10.079 0 0 10.079 456.93 452.2501 Tm 0 g ( )Tj ET 0.934 g 459.57 461.37 22.56 -11.04 re f BT 10.079 0 0 10.079 479.73 452.2501 Tm 0 g ( )Tj ET 0.934 g 482.37 461.37 10.8 -11.04 re f BT 10.079 0 0 10.079 482.37 452.2501 Tm 0 g ( )Tj ET 0.934 g 493.41 461.37 10.8 -11.04 re f BT 10.079 0 0 10.079 493.41 452.2501 Tm 0 g ( )Tj ET 0.934 g 504.45 461.37 10.8 -11.04 re f BT 10.079 0 0 10.079 504.45 452.2501 Tm 0 g ( )Tj ET 0.934 g 515.49 461.37 22.56 -11.04 re f BT 10.079 0 0 10.079 515.4899 452.2501 Tm 0 g ( )Tj ET 0.934 g 538.29 461.37 10.8 -11.04 re f BT 10.079 0 0 10.079 538.2899 452.2501 Tm 0 g ( )Tj -49.4809 -1.1192 TD 0.8453 Tw [( )23.8( )23.8(Basic/diluted)-17986.6( $)-166.7(\(.03)-12.5(\))-738.5( )-547.7($\(1.50)-12.6(\))-738.5( $)-666.8(\(.16)-12.5(\))-738.5( $)-666.8(\(.58)-12.5(\))-762.3( )-595.3($)-166.7(\(2.27)-12.6(\))]TJ T* 25.1572 Tc 0 Tw [( )24335.7( )]TJ ET 0.5 g 311.73 434.73 17.52 -2.88 re f BT 10.079 0 0 10.079 329.49 429.6901 Tm 0 g 0.8215 Tc ( )Tj ET 0.5 g 361.89 434.73 20.88 -2.88 re f BT 10.079 0 0 10.079 383.01 429.6901 Tm 0 g ( )Tj ET 0.5 g 409.89 434.73 22.56 -2.88 re f BT 10.079 0 0 10.079 432.69 429.6901 Tm 0 g ( )Tj ET 0.5 g 459.57 434.73 22.56 -2.88 re f BT 10.079 0 0 10.079 482.37 429.6901 Tm 0 g 0.8453 Tc ( )Tj ET 0.5 g 515.49 434.73 22.56 -2.88 re f BT 10.079 0 0 10.079 538.2899 429.6901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 427.53 255.84 -11.04 re f BT 10.079 0 0 10.079 39.57 418.4101 Tm 0 g (Average number of shares)Tj ET 0.934 g 295.65 427.53 10.56 -11.04 re f BT 10.079 0 0 10.079 295.65 418.4101 Tm 0 g ( )Tj ET 0.934 g 306.45 427.53 5.04 -11.04 re f BT 10.079 0 0 10.079 306.45 418.4101 Tm 0 g ( )Tj ET 0.934 g 311.73 427.53 17.52 -11.04 re f BT 10.079 0 0 10.079 311.73 418.4101 Tm 0 g ( )Tj ET 0.934 g 329.49 427.53 10.56 -11.04 re f BT 10.079 0 0 10.079 329.49 418.4101 Tm 0 g ( )Tj ET 0.934 g 340.29 427.53 10.56 -11.04 re f BT 10.079 0 0 10.079 340.29 418.4101 Tm 0 g ( )Tj ET 0.934 g 351.09 427.53 10.56 -11.04 re f BT 10.079 0 0 10.079 351.09 418.4101 Tm 0 g ( )Tj ET 0.934 g 361.89 427.53 20.88 -11.04 re f BT 10.079 0 0 10.079 361.89 418.4101 Tm 0 g ( )Tj ET 0.934 g 383.01 427.53 10.56 -11.04 re f BT 10.079 0 0 10.079 383.01 418.4101 Tm 0 g ( )Tj ET 0.934 g 393.81 427.53 10.56 -11.04 re f BT 10.079 0 0 10.079 393.81 418.4101 Tm 0 g ( )Tj ET 0.934 g 404.61 427.53 5.04 -11.04 re f BT 10.079 0 0 10.079 404.61 418.4101 Tm 0 g ( )Tj ET 0.934 g 409.89 427.53 22.56 -11.04 re f BT 10.079 0 0 10.079 409.89 418.4101 Tm 0 g ( )Tj ET 0.934 g 432.69 427.53 10.56 -11.04 re f BT 10.079 0 0 10.079 432.69 418.4101 Tm 0 g ( )Tj ET 0.934 g 443.49 427.53 10.56 -11.04 re f BT 10.079 0 0 10.079 443.49 418.4101 Tm 0 g ( )Tj ET 0.934 g 454.29 427.53 5.04 -11.04 re f BT 10.079 0 0 10.079 454.29 418.4101 Tm 0 g ( )Tj ET 0.934 g 459.57 427.53 22.56 -11.04 re f BT 10.079 0 0 10.079 459.57 418.4101 Tm 0 g ( )Tj ET 0.934 g 482.37 427.53 10.8 -11.04 re f BT 10.079 0 0 10.079 482.37 418.4101 Tm 0 g ( )Tj ET 0.934 g 493.41 427.53 10.8 -11.04 re f BT 10.079 0 0 10.079 493.41 418.4101 Tm 0 g ( )Tj ET 0.934 g 504.45 427.53 10.8 -11.04 re f BT 10.079 0 0 10.079 504.45 418.4101 Tm 0 g ( )Tj ET 0.934 g 515.49 427.53 22.56 -11.04 re f BT 10.079 0 0 10.079 515.4899 418.4101 Tm 0 g ( )Tj ET 0.934 g 538.29 427.53 10.8 -11.04 re f BT 10.079 0 0 10.079 538.2899 418.4101 Tm 0 g ( )Tj -49.4809 -1.1192 TD 0.8215 Tw [( Basic/diluted)-17986.6( )547.6(10.1)-12.2( )-333.4(10.1)-12.2( )47.6(10.1)-12.2( )47.6(10.1)-12.2( )-23.8( )-23.8( )-523.9(10.1)-12.2( )]TJ ET 0.5 g 25.65 389.13 100.8 -0.48 re f BT 10.079 0 0 10.079 25.65 377.6101 Tm 0 g 0 Tw [(*)-71.5( )-1416.8(From continuing operations.)]TJ 0 -2.5241 TD ( Quarterly results included $4.0 million, $20.7 million, $10.1 million and $13.2 million, respectively, of pre-tax fixed co)Tj 49.1325 0 TD (sts related to )Tj -49.1325 -1.1192 TD (production curtailments. )Tj /F13 1 Tf 0 -2.5955 TD (Common Share Price Performance And Dividends)Tj /F12 1 Tf 12 0 0 12 123.81 301.2901 Tm 0.69 Tc [( )20( )-6060( )300( )-960( )300( )-960( )300( )-960( )300( )-960( )-100( )-120( )]TJ 7.439 0 0 7.439 123.81 291.9301 Tm 0 Tc 1.2663 Tw [( )32.2( )-9775.5( )483.9( )-1548.6( )-6194.4(Price )1266.3(Performance)-6264.7( 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0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F13 1 Tf 10.079 0 0 10.079 236.85 952.41 Tm (Report of Independent Auditors)Tj /F12 1 Tf -20.9544 -2.5717 TD ( We have audited the accompanying statements of consolidated financial position of Cleveland-Cliffs Inc and consolidated )Tj 0 -1.1191 TD (subsidiaries \(the )Tj /F2 1 Tf 6.7764 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) as of December 31, 2002 and 2001, and the related statements of consolidated operations, shareholders)Tj /F2 1 Tf 41.7652 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( )Tj -53.6511 -1.1192 TD (equity and cash flows for each of the three years in the period ended December 31, 2002 listed in the index at Item 15\(a\). 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Also, in our opinion, the related financial statement schedule, when considered in relation to t)Tj 49.5715 0 TD (he basic )Tj -49.5715 -1.1191 TD (financial statements taken as a whole, presents fairly in all material respects the information set forth therein. )Tj 0 -2.5241 TD ( As discussed in the Accounting Policy Note to the financial statements, in 2002 the Company changed its method of accounti)Tj 51.4633 0 TD (ng for )Tj -51.4633 -1.1192 TD (obligations associated with the retirement of tangible long-lived assets and related asset retirement costs, and in 2001 the Co)Tj 49.7395 0 TD (mpany )Tj -49.7395 -1.1191 TD (changed its method of accounting for investment gains and losses on pension assets for the calculation of net periodic pension )Tj 50.6554 0 TD (cost. )Tj /F13 1 Tf -4.6986 -2.5955 TD (/s/Ernst & Young LLP)Tj /F12 1 Tf -45.9568 -2.5717 TD (Cleveland, Ohio)Tj 0 -1.1192 TD (January 24, 2003 )Tj 27.3359 -2.6907 TD (63)Tj ET endstreamendobj187 0 obj<< /Type /Page /Parent 250 0 R /Resources 188 0 R /Contents 189 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj188 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj189 0 obj<< /Length 4918 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -457.44 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F13 1 Tf 10.079 0 0 10.079 255.81 952.41 Tm (Report of Management)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 255.81 951.21 m 356.37 951.21 l S BT /F12 1 Tf 10.079 0 0 10.079 25.65 926.4901 Tm ( Management has prepared the accompanying consolidated financial statements appearing in this Annual Report and is responsi)Tj 52.1533 0 TD (ble for )Tj -52.1533 -1.1191 TD (their integrity and objectivity. The consolidated financial statements, including amounts that are based on management)Tj /F2 1 Tf 47.5457 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s best estimates )Tj -47.8787 -1.1192 TD (and judgment, have been prepared in conformity with generally accepted accounting principles and are free of material misstatem)Tj 51.9273 0 TD (ent. )Tj -51.9273 -1.1192 TD (Management also prepared other information in this Annual Report and is responsible for its accuracy and consistency with the )Tj T* (consolidated financial statements. )Tj 0 -2.524 TD ( Management maintains a system of internal accounting controls and procedures over financial reporting designed to provide )Tj 0 -1.1192 TD (reasonable assurance, at an appropriate cost/benefit relationship, that assets are safeguarded and that transactions are author)Tj 49.3985 0 TD (ized, )Tj -49.3985 -1.1192 TD (recorded, and reported properly. The internal accounting control system is augmented by a program of internal audits, written p)Tj 51.0134 0 TD (olicies )Tj -51.0134 -1.1192 TD (and guidelines, careful selection and training of qualified personnel, and a written code of conduct. The Company)Tj /F2 1 Tf 45.5149 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s code of conduct )Tj -45.8478 -1.1191 TD (requires employees to maintain a high level of ethical standards in the conduct of the Company)Tj /F2 1 Tf 38.0745 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s business. Management believes that the )Tj -38.4075 -1.1192 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s internal accounting controls provide reasonable assurance \(i\) that assets are safeguarded against material loss from )Tj -4.2216 -1.1192 TD (unauthorized use or disposition, and \(ii\) that the financial records are reliable for preparing consolidated financial statemen)Tj 49.1795 0 TD (ts and other )Tj -49.1795 -1.1191 TD (data and maintaining accountability for assets. )Tj 0 -2.524 TD ( The Audit Committee of the Board of Directors, composed solely of directors who are independent of the Company, meets )Tj 0 -1.1192 TD (periodically with the independent auditors, management, and the Chief Internal Auditor to discuss internal accounting control, )Tj 50.7944 0 TD (auditing, )Tj -50.7944 -1.1191 TD (and financial reporting matters and to ensure that each is meeting its responsibilities regarding the objectivity and integrity)Tj 49.0176 0 TD ( of the )Tj -49.0176 -1.1192 TD (Company)Tj /F2 1 Tf 3.8886 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s financial statements. The Committee also meets directly with the independent auditors and the Company)Tj /F2 1 Tf 42.5201 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s Chief Internal )Tj -47.0747 -1.1192 TD (Auditor without management present, to ensure that the independent auditors and the Company)Tj /F2 1 Tf 38.1865 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s Chief Internal Auditor have free access )Tj -38.5195 -1.1192 TD (to the Committee. )Tj 0 -2.524 TD ( The independent auditors, Ernst & Young LLP, are retained by the Audit Committee of the Board of Directors. Ernst & Young )Tj 52.3503 0 TD -0.0001 Tc (LLP )Tj -52.3503 -1.1192 TD 0 Tc (is engaged to audit the consolidated financial statements of the Company and conduct such tests and related procedures as Ernst)Tj 51.1814 0 TD -0.0001 Tc 0.0001 Tw ( & )Tj -51.1814 -1.1192 TD 0 Tc 0 Tw (Young LLP deems necessary in conformity with generally accepted auditing standards. The opinion of the independent auditors, ba)Tj 52.6812 0 TD (sed )Tj -52.6812 -1.1191 TD (upon their audit of the consolidated financial statements, is contained in this Annual Report. )Tj 12 0 0 12 95.73 622.8901 Tm 1.51 Tc [( )-9100( )-7360( )]TJ 10.079 0 0 10.079 95.73 611.1301 Tm 0 Tc (/s/ J. S. Brinzo)Tj ET 0.5 g 95.73 607.29 130.08 -0.48 re f BT 10.079 0 0 10.079 95.73 595.7701 Tm 0 g (J. S. Brinzo)Tj T* (Chairman and)Tj T* (Chief Executive Officer)Tj 12.9298 -1.1192 TD ( )Tj 2.0954 4.8814 TD (/s/ C. B. Bezik)Tj ET 0.5 g 247.17 607.29 109.2 -0.48 re f BT 10.079 0 0 10.079 247.17 595.7701 Tm 0 g (C. B. Bezik)Tj 0 -1.1192 TD (Senior Vice President -)Tj T* (Finance and)Tj T* [(Chief Financial Officer )-1278( )]TJ 12.9536 4.8814 TD (/s/ R. J. Leroux)Tj ET 0.5 g 377.73 607.29 138.72 -0.48 re f BT 10.079 0 0 10.079 377.73 595.7701 Tm 0 g (R. J. Leroux)Tj 0 -1.1192 TD (Vice President)Tj T* (and Controller and)Tj T* (Principal Accounting Officer)Tj -7.596 -2.6907 TD (64)Tj ET endstreamendobj190 0 obj<< /Type /Page /Parent 250 0 R /Resources 191 0 R /Contents 192 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj191 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj192 0 obj<< /Length 3400 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -403.44 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F13 1 Tf 10.079 0 0 10.079 27.81 964.41 Tm -0.0001 Tc 0.0001 Tw [(ITEM 9.)-310(CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL )]TJ 3.9766 -1.3335 TD 0 Tw (DISCLOSURE.)Tj /F12 1 Tf -4.1909 -2.786 TD 0 Tc ( None. )Tj /F13 1 Tf 25.7644 -2.5955 TD -0.0001 Tc 0.0001 Tw (PART III)Tj -25.7644 -2.6431 TD (ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT.)Tj /F12 1 Tf 0 -2.5717 TD 0 Tc 0 Tw ( The information regarding Directors required to be furnished by this Item will be set forth in the Company)Tj /F2 1 Tf 43.879 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s definitive Proxy )Tj -44.212 -1.1192 TD (Statement to Security Holders and is incorporated herein by reference and made a part hereof from the Proxy Statement. The info)Tj 51.7893 0 TD (rmation )Tj -51.7893 -1.1192 TD (regarding executive officers required by this item is set forth in Part I hereof under the heading )Tj /F2 1 Tf 38.1825 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Executive Officers of the Registrant)Tj /F2 1 Tf 14.4397 0 TD ()Tj /F12 1 Tf 0.444 0 TD (, )Tj -53.5101 -1.1191 TD (which information is incorporated herein by reference. )Tj /F13 1 Tf 0 -2.5955 TD -0.0001 Tc 0.0001 Tw (ITEM 11. EXECUTIVE COMPENSATION.)Tj /F12 1 Tf 0 -2.5717 TD 0 Tc 0 Tw ( The information required to be furnished by this Item will be set forth in the Company)Tj /F2 1 Tf 35.8268 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s definitive Proxy Statement to Security )Tj -36.1597 -1.1192 TD (Holders and is incorporated herein by reference and made a part hereof from the Proxy Statement. )Tj /F13 1 Tf 0 -2.5955 TD -0.0001 Tc 0.0001 Tw (ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.)Tj /F12 1 Tf 0 -2.5717 TD 0 Tc 0 Tw [(\(a\))-56.9( )-1107.3(The information required to be furnished by this Item will be set forth in the Company)]TJ /F2 1 Tf 37.1009 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s definitive Proxy Statement to Security )Tj -34.9098 -1.1192 TD (Holders and is incorporated herein by reference and made a part hereof from the Proxy Statement.)Tj -2.524 -1.1191 TD ( )Tj T* [(\(b\) )-1107.3(The table below sets forth certain information regarding the following equity compensation plans of the Company as of )]TJ 2.524 -1.1192 TD (December 31, 2002: the 1992 Equity Incentive Plan \(the )Tj /F2 1 Tf 23.0779 0 TD ()Tj /F12 1 Tf 0.444 0 TD (1992 Incentive Plan)Tj /F2 1 Tf 7.9983 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), the Management Performance Incentive Plan, )Tj -31.9641 -1.1192 TD (\()Tj /F2 1 Tf 0.333 0 TD ()Tj /F12 1 Tf 0.444 0 TD (MPI Plan)Tj /F2 1 Tf 3.8057 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), the Mine Performance Bonus Plan \()Tj /F2 1 Tf 15.1906 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Mine Plan)Tj /F2 1 Tf 4.1386 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\), the Voluntary Non-Qualified Deferred Compensation Plan )Tj -25.2437 -1.1192 TD (\()Tj /F2 1 Tf 0.333 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc 0.0001 Tw (VNQDC Plan)Tj /F2 1 Tf 5.5825 0 TD 0 Tc 0 Tw ()Tj /F12 1 Tf 0.444 0 TD (\) and the Nonemployee Directors)Tj /F2 1 Tf 13.3288 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( Compensation Plan. All of those plans have been approved by shareholders, )Tj -20.4651 -1.1192 TD (except for the MPI Plan, the Mine Plan, and the VNQDC Plan.)Tj 24.8119 -2.6907 TD (65)Tj ET endstreamendobj193 0 obj<< /Type /Page /Parent 250 0 R /Resources 194 0 R /Contents 195 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj194 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj195 0 obj<< /Length 7351 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -508.32 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj 8.18 -1.12 TD 0.01 Tc [( )-280( )-6720( )-2040( )-2480( )-2520( )-1700( )-1640( )-2180( )-2360( )-2480( )]TJ 7.439 0 0 7.439 123.81 955.53 Tm 0.1694 Tc [( )-451.7( )-10840.1( )-3290.8( )-4000.5( )-4065.1( )-2742.3( )-2645.5( )-3516.6( )]TJ /F13 1 Tf 38.1339 0.0323 TD 0 Tc (Number of securities)Tj /F12 1 Tf -38.1339 -1.2582 TD 0.1694 Tc [( )-451.7( )-10840.1( )-3290.8( )-4000.5( )-4065.1( )-2742.3( )-2645.5( )-3516.6( )]TJ /F13 1 Tf 38.263 0.0323 TD 0 Tc (remaining available)Tj /F12 1 Tf -38.263 -1.2582 TD 0.1694 Tc [( )-451.7( )-10840.1( )-3290.8( )-4000.5( )-4065.1( )-2742.3( )-2645.5( )-3516.6( )]TJ /F13 1 Tf 38.5856 0.0323 TD 0 Tc (for future issuance)Tj /F12 1 Tf -38.5856 -1.2582 TD 0.6211 Tc [( )-10388.4( )]TJ /F13 1 Tf 14.389 0.0323 TD 0 Tc (Number of securities)Tj /F12 1 Tf 10.7756 -0.0323 TD 0.1694 Tc [( )-2742.3( )-2645.5( )-3516.6( )]TJ /F13 1 Tf 14.6793 0.0323 TD 0 Tc (under equity)Tj /F12 1 Tf -39.8438 -1.2582 TD 0.6211 Tc [( )-10388.4( )]TJ /F13 1 Tf 15.1632 0.0323 TD 0 Tc (to be issued upon)Tj /F12 1 Tf 10.0013 -0.0323 TD ( )Tj /F13 1 Tf 1.5486 0.0323 TD (Weighted-average)Tj /F12 1 Tf 9.0334 -0.0323 TD ( )Tj /F13 1 Tf 2.6132 0.0323 TD (compensation plans)Tj /F12 1 Tf -38.3598 -1.2582 TD 0.6211 Tc [( )-10388.4( )]TJ /F13 1 Tf 16.5828 0.0323 TD 0 Tc (exercise of)Tj /F12 1 Tf 8.5818 -0.0323 TD ( )Tj /F13 1 Tf 2.0003 0.0323 TD (exercise price of)Tj /F12 1 Tf 8.5818 -0.0323 TD ( )Tj /F13 1 Tf 2.4519 0.0323 TD (\(excluding securities)Tj /F12 1 Tf -38.1985 -1.2582 TD 0.6211 Tc [( )-10388.4( )]TJ /F13 1 Tf 14.4857 0.0323 TD 0 Tc (outstanding options,)Tj /F12 1 Tf 10.6788 -0.0323 TD ( )Tj /F13 1 Tf 1.1292 0.0323 TD (outstanding options,)Tj /F12 1 Tf 9.4528 -0.0323 TD ( )Tj /F13 1 Tf 2.71 0.0323 TD (reflected in column)Tj -35.3917 -1.226 TD (Plan category)Tj /F12 1 Tf 9.0657 -0.0323 TD ( )Tj /F13 1 Tf 2.4519 0.0323 TD (warrants and rights)Tj /F12 1 Tf 10.582 -0.0323 TD ( )Tj /F13 1 Tf 1.226 0.0323 TD (warrants and rights)Tj /F12 1 Tf 9.356 -0.0323 TD ( )Tj /F13 1 Tf 6.0976 0.0323 TD (\(a\)\))Tj ET 0.5 g 123.81 884.01 90 -0.48 re f BT /F12 1 Tf 7.439 0 0 7.439 214.05 883.29 Tm 0 g ( )Tj ET 0.5 g 217.17 884.01 93.6 -0.48 re f BT 7.439 0 0 7.439 311.01 883.29 Tm 0 g ( )Tj ET 0.5 g 314.13 884.01 75.36 -0.48 re f BT 7.439 0 0 7.439 389.73 883.29 Tm 0 g ( )Tj ET 0.5 g 392.85 884.01 95.52 -0.48 re f BT 7.439 0 0 7.439 123.81 874.17 Tm 0 g 0.6211 Tc [( )-10388.4( )]TJ /F13 1 Tf 18.2604 0.0323 TD 0 Tc (\(a\))Tj /F12 1 Tf 6.9041 -0.0323 TD ( )Tj /F13 1 Tf 4.9039 0.0323 TD (\(b\))Tj /F12 1 Tf 5.6782 -0.0323 TD ( )Tj /F13 1 Tf 6.2911 0.0323 TD (\(c\))Tj /F12 1 Tf 10.079 0 0 10.079 123.81 863.3701 Tm (Equity compensation )Tj 0.7382 -1.1192 TD 0.0596 Tw [(plans )59.6(approved )59.6(by)-883.7( )-2428.8( )-2952.6( )-3000.2( )-2024( )-1952.5( )-2595.4( )-2809.7( )-2952.6( )]TJ -0.7382 -1.1192 TD 0.3929 Tw [( security )392.9(holders)-1950.9( )333.3( )-2095.5(813,728)-12.5( )-2666.9( )-1500.2($47.94)-12.3( )-2262.1( )-2524.1( )381(250,234)]TJ 7.439 0 0 7.439 457.17 842.25 Tm 0 Tw (\(1\))Tj 10.079 0 0 10.079 123.81 829.53 Tm 8.7032 Tc [( )8643.6( )]TJ ET 0.5 g 244.77 829.77 32.64 -0.48 re f BT 10.079 0 0 10.079 277.65 829.53 Tm 0 g 3.0598 Tc ( )Tj ET 0.5 g 337.65 829.77 22.56 -0.48 re f BT 10.079 0 0 10.079 360.45 829.53 Tm 0 g 2.655 Tc ( )Tj ET 0.5 g 424.29 829.77 32.64 -0.48 re f BT 10.079 0 0 10.079 123.81 818.25 Tm 0 g 0 Tc (Equity compensation )Tj 0.7382 -1.1192 TD (plans not approved )Tj T* [(by security holders)-605.7( )-59.6( )-5250.5(0 )-3059.8( )-59.6( )-2631.2(N/A)7.5( )-2655( )-2917( )]TJ 7.439 0 0 7.439 457.17 797.13 Tm (\(2\))Tj 10.079 0 0 10.079 123.81 784.41 Tm 8.7032 Tc [( )8643.6( )]TJ ET 0.5 g 244.77 784.65 32.64 -0.48 re f BT 10.079 0 0 10.079 277.65 784.41 Tm 0 g 3.0598 Tc ( )Tj ET 0.5 g 337.65 784.65 22.56 -0.48 re f BT 10.079 0 0 10.079 360.45 784.41 Tm 0 g 2.655 Tc ( )Tj ET 0.5 g 424.29 784.65 32.64 -0.48 re f 25.65 766.41 100.8 -0.48 re f BT 10.079 0 0 10.079 25.65 754.89 Tm 0 g 0 Tc [(\(1\) )-1107.3(Includes 211,900 Common Shares remaining available under the 1992 Incentive Plan, which authorizes the Compensation and )]TJ 2.524 -1.1191 TD (Organization Committee to make awards of Option Rights, Restricted Shares, Deferred Shares, Performance Shares and )Tj T* (Performance Units; and 38,334 Common Shares remaining available under the Nonemployee Directors)Tj /F2 1 Tf 41.3782 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( Compensation Plan, )Tj -41.7112 -1.1192 TD (which authorizes the award of Restricted Shares to new Directors and )Tj ET q 51.09 730.17 535.68 -11.28 re W* n BT 10.079 0 0 10.079 334.6078 721.05 Tm (p)Tj ET Q BT 10.079 0 0 10.079 339.6469 721.05 Tm (rovides that the Directors must take 40% of their retainer in )Tj -28.6294 -1.1191 TD (Common Shares and may take up to 100% of their retainer and other fees in Common Shares.)Tj -2.524 -1.1192 TD ( )Tj T* [(\(2\) )-1107.3(The MPI Plan, the Mine Plan, and the VNQDC Plan provide for the issuance of Common Shares, but do not provide for a specifi)]TJ 54.1804 0 TD (c )Tj -51.6563 -1.1192 TD (amount available under the Plans. Descriptions of those Plans are set forth below.)Tj /F13 1 Tf -2.524 -2.5955 TD (MPI Plan)Tj /F12 1 Tf 0 -2.5717 TD ( The MPI Plan provides an opportunity for elected officers and other management employees to earn annual cash bonuses. In t)Tj 51.6243 0 TD (he )Tj -51.6243 -1.1191 TD (discretion of the Compensation and Organization Committee, bonuses may also be paid in Common Shares. Certain participants in t)Tj 52.9362 0 TD (he )Tj -52.9362 -1.1192 TD (MPI Plan may elect to defer all or a portion of such bonus into the VNQDC Plan. Such participants in the MPI Plan may elect to )Tj 51.6853 0 TD (have his )Tj -51.6853 -1.1191 TD (or her deferred cash bonus credited to an account with deferred Common Shares \()Tj /F2 1 Tf 32.738 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Bonus Exchange Shares)Tj /F2 1 Tf 9.6641 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\) by completing an election )Tj -43.2901 -1.1192 TD (form prior to the date the bonus would otherwise be paid. These participants may also elect at this time to have dividends cred)Tj 50.4604 0 TD (ited with )Tj -50.4604 -1.1192 TD (respect to the Bonus Exchange Shares, either credited in additional deferred Common Shares, deferred in cash or paid out in cas)Tj 51.2624 0 TD (h in an )Tj -51.2624 -1.1192 TD (in-service compensation distribution. In order to encourage elections to be credited with deferred Common Shares, such particip)Tj 51.3193 0 TD (ants in )Tj -51.3193 -1.1192 TD (the MPI Plan, who elect to have their cash bonuses credited to an account with Bonus Exchange Shares, will be credited with res)Tj 51.5423 0 TD (tricted )Tj -51.5423 -1.1192 TD (deferred Common Shares in the amount of 25% of the Bonus Exchange Shares \()Tj /F2 1 Tf 32.1861 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Bonus Match Shares)Tj /F2 1 Tf 8.2762 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\). These Participants must comply )Tj -41.3503 -1.1192 TD (with the employment and non-distribution requirements for the Bonus Exchange Shares during a five-year period for the Bonus Mat)Tj 52.9322 0 TD (ch )Tj -52.9322 -1.1192 TD (Shares to become vested and nonforfeitable. )Tj 27.3359 -2.6907 TD (66)Tj ET endstreamendobj196 0 obj<< /Type /Page /Parent 250 0 R /Resources 197 0 R /Contents 198 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj197 0 obj<< /ProcSet [ /PDF /Text ] /Font << /F2 272 0 R /F12 241 0 R /F13 242 0 R >> /ExtGState << /GS1 279 0 R >> >> endobj198 0 obj<< /Length 5345 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -519.84 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F13 1 Tf 10.079 0 0 10.079 25.65 952.41 Tm (Mine Plan)Tj /F12 1 Tf 0 -2.5717 TD ( The Mine Plan provides an opportunity for senior mine managers to earn cash bonuses. Bonuses earned under the Mine Plan ar)Tj 52.1533 0 TD (e )Tj -52.1533 -1.1191 TD (determined and paid quarterly to the participants. Certain participants may elect to defer all or part of their quarterly cash )Tj 48.6796 0 TD (bonuses under )Tj -48.6796 -1.1192 TD (the VNQDC Plan. These participants in the Mine Plan may further elect to have his or her deferred cash bonus credited to an acc)Tj 51.5393 0 TD (ount )Tj -51.5393 -1.1192 TD (with deferred Common Shares. Each year these participants under the Mine Plan must make their Bonus Exchange Shares election \(f)Tj 53.2632 0 TD (or )Tj -53.2632 -1.1192 TD (the four quarters of that year\). Such elections must be made by December 31 of the year prior to the year in which the quarterl)Tj 50.4554 0 TD (y bonuses )Tj -50.4554 -1.1191 TD (are earned. As with the Participants electing Bonus Exchange Shares under the MPI Plan, Participants under the Mine Plan electi)Tj 51.6263 0 TD (ng )Tj -51.6263 -1.1192 TD (Bonus Exchange Shares will receive or be credited with restricted Bonus Match Shares in an amount of 25% of the Bonus Exchange )Tj T* (Shares with the same five-year vesting period. )Tj /F13 1 Tf 0 -2.5955 TD -0.0001 Tc 0.0001 Tw (VNQDC Plan)Tj /F12 1 Tf 0 -2.5717 TD 0 Tc 0 Tw ( The VNQDC Plan was originally adopted by the Board of Directors to provide management and highly compensated employees of )Tj 0 -1.1192 TD (the Company or its selected affiliates with the opportunity to defer receipt of a portion of their regular compensation in orde)Tj 49.5985 0 TD (r to defer )Tj -49.5985 -1.1192 TD (taxation of these amounts. The VNQDC Plan also permits deferral of bonus awards under the MPI Plan, the Mine Plan, and Performa)Tj 53.4872 0 TD (nce )Tj -53.4872 -1.1192 TD (Share Plan \(awarded under the 1992 Incentive Equity Plan\). In addition, the VNQDC Plan contains the Management Share Acquisitio)Tj 53.6541 0 TD (n )Tj -53.6541 -1.1192 TD (Program \()Tj /F2 1 Tf 4.0266 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (MSAP)Tj /F2 1 Tf 2.7228 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\),whose purpose is to provide designated management employees with the opportunity to acquire deferred interests in )Tj -7.6373 -1.1191 TD (Common Shares through deferral of their bonuses. The VNQDC Plan also contains the Officer Share Acquisition Program \()Tj /F2 1 Tf 49.6545 0 TD ()Tj /F12 1 Tf 0.444 0 TD -0.0001 Tc (OSAP)Tj /F2 1 Tf 2.5558 0 TD 0 Tc ()Tj /F12 1 Tf 0.444 0 TD (\), )Tj -53.0982 -1.1192 TD (which permits elected officers to acquire deferred interests in Common Shares with compensation previously deferred in cash und)Tj 52.0683 0 TD (er the )Tj -52.0683 -1.1192 TD (VNQDC Plan. When participants in the MPI Plan, the Mine Plan or the MSAP or OSAP elect to have accounts credited with deferred )Tj T* (Common Shares under the VNQDC Plan, a Company match equal to 25% of the value of the deferred Common Shares will be credited )Tj T* (by the Company to the accounts of participants. )Tj /F13 1 Tf 0 -2.5955 TD -0.0001 Tc 0.0001 Tw (ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.)Tj /F12 1 Tf 0 -2.5717 TD 0 Tc 0 Tw ( The information, if any, required to be furnished by this Item will be set forth in the Company)Tj /F2 1 Tf 38.8815 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s definitive Proxy Statement to )Tj -39.2144 -1.1192 TD (Security Holders and is incorporated herein by reference and made a part hereof from the Proxy Statement. )Tj /F13 1 Tf 0 -2.5955 TD -0.0001 Tc 0.0001 Tw (ITEM 14. 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