%PDF-1.2 % 46 0 obj << /Linearized 1 /O 48 /H [ 734 282 ] /L 196831 /E 20432 /N 11 /T 195793 >> endobj xref 46 16 0000000016 00000 n 0000000667 00000 n 0000001016 00000 n 0000001172 00000 n 0000001286 00000 n 0000001980 00000 n 0000002682 00000 n 0000003220 00000 n 0000003659 00000 n 0000006071 00000 n 0000006199 00000 n 0000013371 00000 n 0000014053 00000 n 0000014477 00000 n 0000000734 00000 n 0000000995 00000 n trailer << /Size 62 /Info 45 0 R /Root 47 0 R /Prev 195783 /ID[<6be1804e6ef685a92da93d7436b1341e><6be1804e6ef685a92da93d7436b1341e>] >> startxref 0 %%EOF 47 0 obj << /Type /Catalog /Pages 33 0 R /JT 44 0 R >> endobj 60 0 obj << /S 194 /Filter /FlateDecode /Length 61 0 R >> stream Hb```f``Ab 1uk``6(ǹg*[A~ƮVU+`v \zjaxj0DU+Tj2c`h```h,0By]Z! ļ`120t**wgBSnrc 2Bb endstream endobj 61 0 obj 176 endobj 48 0 obj << /Type /Page /Parent 32 0 R /Resources 49 0 R /Contents 54 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 49 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 51 0 R /F6 50 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 50 0 obj << /Type /Font /Subtype /Type1 /FirstChar 32 /LastChar 181 /Widths [ 250 333 555 500 500 1000 833 278 333 333 500 570 250 333 250 278 500 500 500 500 500 500 500 500 500 500 333 333 570 570 570 500 930 722 667 722 722 667 611 778 778 389 500 778 667 944 722 778 611 778 722 556 667 722 722 1000 722 722 667 333 278 333 581 500 333 500 556 444 556 444 333 500 556 278 333 556 278 833 556 500 556 556 444 389 333 556 500 722 500 500 444 394 220 394 520 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 333 0 0 0 0 0 0 0 0 0 0 0 0 0 250 0 500 500 0 0 0 0 0 747 0 0 0 333 0 0 0 570 0 0 0 556 ] /Encoding /WinAnsiEncoding /BaseFont /OIOCFM+Times-Bold /FontDescriptor 53 0 R >> endobj 51 0 obj << /Type /Font /Subtype /Type1 /FirstChar 32 /LastChar 181 /Widths [ 250 333 408 500 500 833 778 180 333 333 500 564 250 333 250 278 500 500 500 500 500 500 500 500 500 500 278 278 564 564 564 444 921 722 667 667 722 611 556 722 722 333 389 722 611 889 722 722 556 722 667 556 611 722 722 944 722 722 611 333 278 333 469 500 333 444 500 444 500 444 333 500 500 278 278 500 278 778 500 500 500 500 333 389 278 500 500 722 500 500 444 480 200 480 541 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 333 444 444 0 500 1000 0 0 0 0 0 0 0 0 250 0 500 500 0 0 0 0 0 760 0 0 0 333 0 0 0 564 0 0 0 500 ] /Encoding /WinAnsiEncoding /BaseFont /OIOCFK+Times-Roman /FontDescriptor 52 0 R >> endobj 52 0 obj << /Type /FontDescriptor /Ascent 699 /CapHeight 662 /Descent -217 /Flags 34 /FontBBox [ -168 -218 1000 898 ] /FontName /OIOCFK+Times-Roman /ItalicAngle 0 /StemV 84 /XHeight 450 /CharSet (/four/E/S/parenright/p/quotedblleft/T/five/q/U/g/B/emdash/asterisk/r/spa\ ce/V/six/b/C/s/a/seven/c/W/D/l/comma/t/eight/X/e/G/hyphen/u/quotedblrigh\ t/nine/H/f/I/Y/v/period/colon/h/P/J/Z/F/w/dollar/slash/d/i/L/endash/semi\ colon/y/N/zero/j/M/z/n/one/A/k/O/two/m/quoteright/x/Q/three/o/parenleft/\ R/K) /FontFile3 56 0 R >> endobj 53 0 obj << /Type /FontDescriptor /Ascent 699 /CapHeight 676 /Descent -205 /Flags 262178 /FontBBox [ -168 -218 1000 935 ] /FontName /OIOCFM+Times-Bold /ItalicAngle 0 /StemV 139 /XHeight 461 /CharSet (/four/E/S/parenright/p/T/five/q/U/g/B/r/space/V/b/C/s/a/W/c/D/l/comma/t/\ eight/X/e/G/hyphen/u/H/nine/Y/I/f/period/h/P/F/i/d/L/N/y/zero/M/z/n/one/\ A/k/O/two/quoteright/m/x/Q/three/o/K/R/parenleft) /FontFile3 59 0 R >> endobj 54 0 obj << /Length 2358 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -484.08 re f BT /F2 1 Tf 12 0 0 12 25.65 967.77 Tm 0 g 0 Tc 0 Tw ( )Tj /F6 1 Tf 13.44 0 0 13.44 161.97 938.01 Tm (SECURITIES AND EXCHANGE COMMISSION)Tj 12 0 0 12 245.25 923.13 Tm (Washington D.C. 20549)Tj 18 0 0 18 262.05 888.5701 Tm (FORM 8-K)Tj ET 0.5 g 235.89 868.17 140.16 -0.48 re f BT 10.079 0 0 10.079 259.17 841.77 Tm 0 g -0.0001 Tc 0.0001 Tw (CURRENT REPORT)Tj ET 0.5 g 235.89 823.29 140.16 -0.48 re f BT /F2 1 Tf 10.079 0 0 10.079 229.41 797.61 Tm 0 g 0 Tc 0 Tw (Pursuant to Section 13 or 15\(d\) of the)Tj 0.9763 -1.2858 TD (Securities Exchange Act of 1934)Tj -6.5721 -2.7384 TD (Date of Report \(date of earliest event reported\): January 29, 2003)Tj 24 0 0 24 167.25 718.6501 Tm (CLEVELAND-CLIFFS INC)Tj ET 0.5 g 25.65 711.69 560.88 -0.48 re f BT 10.079 0 0 10.079 200.61 700.17 Tm 0 g (\(Exact name of registrant as specified in its charter\) )Tj 12 0 0 12 25.65 687.2101 Tm 2.09 Tc [( )-13540( )-10760( )]TJ 10.079 0 0 10.079 108.45 675.4501 Tm -0.0001 Tc (OHIO)Tj ET 0.5 g 25.65 671.61 190.32 -0.48 re f BT 10.079 0 0 10.079 216.21 671.3701 Tm 0 g 0 Tc ( )Tj 9.1675 0.4048 TD (1-8944)Tj ET 0.5 g 244.29 671.61 156.96 -0.48 re f BT 10.079 0 0 10.079 401.49 671.3701 Tm 0 g ( )Tj 8.1674 0.4048 TD (34-1464672)Tj ET 0.5 g 429.57 671.61 156.96 -0.48 re f BT 10.079 0 0 10.079 67.17 660.0901 Tm 0 g (\(State or other jurisdiction)Tj 1.9049 -1.1192 TD [(of incorporation\))-6078.8( )]TJ 20.7639 1.1192 TD (\(Commission)Tj -0.0238 -1.1192 TD [(File Number\) )-4859.3( )]TJ 18.0493 1.1192 TD (\(IRS Employer)Tj -0.7144 -1.1192 TD (Identification No.\))Tj 12 0 0 12 25.65 635.8501 Tm 4.43 Tc [( )-19160( )2340( )]TJ 10.079 0 0 10.079 86.85 624.0901 Tm 0 Tc (1100 Superior Avenue, Cleveland, Ohio)Tj ET 0.5 g 25.65 620.25 285.84 -0.48 re f BT 10.079 0 0 10.079 311.73 620.0101 Tm 0 g ( )Tj 8.096 0.4048 TD 1.5359 Tw [( 44114)]TJ ET 0.5 g 395.97 620.25 55.92 -0.48 re f BT 10.079 0 0 10.079 452.13 624.0901 Tm 0 g 0 Tw ( )Tj -36.1463 -1.524 TD [(\(Address of principal executive offices\))-6333.8( )-7846( )-559.6(\(Zip Code\) )-358.7( )]TJ 7.8103 -2.6907 TD (Registrants telephone number, including area code: \(216-694-5700\))Tj ET 0.5 g 25.65 563.13 560.88 -0.48 re f BT 10.079 0 0 10.079 180.93 535.7701 Tm 0 g (\(Former name or former address, if changed since last report\))Tj 12.2869 -2.7384 TD ( )Tj ET endstream endobj 55 0 obj << /Type /ExtGState /SA false /SM 0.02 /OP false /BG 58 0 R /UCR 57 0 R /HT /Default /TR /Identity >> endobj 56 0 obj << /Filter /FlateDecode /Length 7080 /Subtype /Type1C >> stream H|T Li.[gtTЀmAh.PPK/fEfAdW;g2$;͟yyߟ`8ӫ}V{zRhfQEɣ?%oLxLy5rCw&*wS4a"\~c$ w8:ΝSVn'*tl>ą(SmU5q(':TQq92Gdl͇45 B5f?*SjdrYZwT2_e*.1F!X.G92ٹU SJ1?^<6Fb&LĦaK0%0,r0l10VbwRdII9WxfeZkKu.ʏjZ sŏ21l60ߚ{wL5^d) ]h5bEmbN\-~M/ʶb;֧mQbd{.Jdg{>Ͼr3+H&ϖ Me?|6upS[KуN_ﱌ>4C-=:;Nnd-uĩy9XV }FŌ>m2"9S!'.7Gp-hG.XNu4d! 0 Hi?Řc}_ں@nn>??7ORXG.i Χt1@,=4:گ9<|%"먮cؒX]> .ʽEZ}+DZ#4"Y`bplC ]C%a_Md@w 28aUKyغ(z9J*r+4S߼[QrA\} %/ 7p XrY!H{p+Q<2C:Po0C'WA3ECo(:tH2Hz | ʗ|VHNMK h/(^D+1?ny`잧6tIzg EyG`/ΠtD, 3 vqmJD W W z!ڊڙw|W۵Gm=,h>[ރf0cARpȗdWSECh#)^|߫T= ((kesG w#rap X]7? p\0m4SF[#Xz>?sl4]=3V|X15*FeǂC 51Z+5(j|֨i65w6w01=w;M,_h4Z Ǣ8yKl+b{^Ns'Q:oUB Έε$7MLzWa*, lyCu8ߣٽM8pKC/WUp}YPibʼ37`% XjEr-$0'51!wk+s#0T:p؉9WqVDSFidKzl|VI NԒ4Hl4< 3 //&6J)X![r%@Iĥ.eR|] vr>=%?l4\jhW%׷OErRj <)-j?S))V4&sImnm>,k_]jymcVEmGa-1nHz,B-DLy.rU=z0*KHYiDX7_BPg]{*}%t~Q#tn`C\zLlf3_hkXrGg,TrK~Z&6+YU? )3,Y" rsP$glH6("kJ5n8 mWF=7SsȽBIh&d x4r3D̲C,9jos)kXx\n-nQM_V ?Tc 'aFyB@TA- PѓQ-mu;t)/$SWzUF}y[9L\}@f?P[2r'Ύ!hX[aڦNcE?\CbMT(\ 9 }QNk}A.a")+~W#˘+8ݮ<_OkOBZ6 Qz QXIζ"a7B T5ǽH.ns?I4H .H>`9tnsEI";{͗;,*|/"u+zTeU|:ypGxoz=)eGUeD ׁJIoz8yG1*fB(9fb(㤓ztyYEl[R=vja^r&ఆLKNMAg-en(nF'U}+uEtNi.,Ƀ<)w\ۡHXiU;D^_+mu!i5DZ5 `ǍQRPI;|_vszΐaq~>5\]ε5А"9l l 8JcٕYn* V|boj l[nhug &D_v CjL:ӒÉIM<2ȯ=ᾱwȣ>iKՅtN[Se`zۆFNj_U`wG0eH#*֮K"+'`uO>7K@q"f1m3o*PplfweH%ܞڼ &rd+q&3(>~F"R/qt80\xTBP!ɷT;;j´pa1+O$ tWyg)"%N37^'`1tֿϽ nCeJp17O==rRQ3.;/ Bw 44 XfD@E-L1F1Lhby_u68yUg;"]VjUb:6m1q"0d:@p3Z?!0(EUj[S-rvu ۋ VR>#ò:/崡-V8Ǻ7'8ʳ<^Nkٟ|8^Aƾ8z=zwkkX|ۯyAɻZ2(!6ҋ^}OںM2D\"Ik2.n5V5R6QS},2x"=_?~( l7B8ˉ>~vD @ͤPKkײ7\ZВ(D跫@n(.Lvw7cI', jnvNޚǯ', [/=?}8E.%m,WW4*|BKY8~e;^H: MC̀>yy?1-rQB3l,hF/q&lo7]AwmĤ;tZyR?vBo3 δdMi욭FTXَi1wx<ٳ(2elEh+i,qsA%RU 1vcLz~2IwC|0?[odJU/=𭋚:u#C;3#&8[r (8TZjūu&=%L_vrNv b30eYekFQvm'L+UaxeVwPtno(lM:,q1gqpwsL|xso.b {ڜZCyPGڈD?^Iza;!mHIzGs%Dw5W]Vݨ^g f ~oDE> [H봹yr!?͗Ǔ}aUYBHĠf@4Uх~9z|x[H+Kּzg9r+4N#exc`ebhgXE:c3F+{^:?QU T$:p=πr_hqmqIEr^E O9K(jM#>*ѾC+2A]B&7{k/0 ӖK?94c“VM:&x0a@WU{i*Ccfyԅ HE(ER%W$5g,d/gًgn9|Zdt#AXA ^]=G^KĬö6ۢ10g24al {ҋļ5`EӨR@NSQO4Y%v_p%5 t70Nwԣl]fB`4G44u3Qny- Ɂ}YGHv=t'EdCSoNQ*16q8(s9k , endstream endobj 57 0 obj << /FunctionType 0 /Domain [ 0 1 ] /Range [ -1 1 ] /BitsPerSample 16 /Size [ 256 ] /Length 527 /Filter /FlateDecode >> stream H  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~ ? endstream endobj 58 0 obj << /FunctionType 0 /Domain [ 0 1 ] /Range [ 0 1 ] /BitsPerSample 8 /Size [ 256 ] /Length 271 /Filter /FlateDecode >> stream H  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~  endstream endobj 59 0 obj << /Filter /FlateDecode /Length 5710 /Subtype /Type1C >> stream HTyPgai#=n# FVLED4!# 80Ѓ$\FQ(uWbeKqw_ nYVwU90Ջ.;?glN % gD &DV.;`~$ԏn 1+k6O9גǛRfi'%N3Gbp i$YKYFU0=gXxC1O5Z|Tkj ,ސd4T%Y7[29 ^kpk$7bU҇)e sS`8|UX;a+d؇]Fb<{>7 Y."B"dD ԓEJ2RvLvSQuN+_|ZSְS±FG#`C͑l)ɚ< 7O[|XtA4A-A8lEΠ^U98D$]GOpon Q5]{4ɨ$,g(Re1 8C m%X6ozW|?d>ލAcsFWW\;т .KN6o=RQ{Q9rWC=oN꽟 n/Og̃35u?I]@{g f`q>]R ;bX`/*WNZ ENER=!O%R@9IuJyT.r$IErE .:>dC S|\L&V|TK썴d`̵U~,jZ*G(+tѽdz1%ڕ5ϳ󷡳ղϰ>eڹf}ϩ.?:,e?U<0B ~T_ymozbO9̺mQ,ȡR J*&ok:B,Pjȋ.dNV,w8P^^VCe?ހ9p̐Ru{)癙{ :r|7(A΀Z¢s毜}A>U0O n̴A $鶼bu):>?>h)4sDG ]>_la ڀ;hTU*328#({۲fN8*Wr!zs vc&l SA~.xn^CLaQW 5iÄ29&J!",Zްx!V,7H7ao4ޤ1#w a.P#ٕɁ%mMILT7ŀ\ ~=\8@C[tH>mo^A2SXtυV_5 2ZNQFa.-"(XV>, Bpp.-Wo.KMپYJ_Jp0;IN+p*vŮY:N深?^ KB2%! T??1S+ )Xԏ^wI7f}xT'Q#S&3kF~)\f&gakfr5ݶƶ_Dk.3x @zE^E7(s= s h*?M'Էbk}VCCjҺ@e8jaTp9h\7\W^0K ŸVyEDMfc[| Ѫrԃz3'~>~wiVDUEoYEj{ {劆fbȉF>6!-:# nHbOj&:,S@ĭJ5}UGlQA_ȄG1_ EӚJSs ?4#SYUJؖFtaTnMqZi\2{< _!oJU..fۍ6yRWPs{# B(u5P|Ե:Ldu`+t2*N1'j>R*R]P6Vk9>'4awu8:$H-&#R嵲Uŵ;y%:XFEjbk0H}>.6{R(ZhI>3z^ݮFؖ&@$Q e`y@u3߷NjKfX<_|$N/~0PԘWEX'xs pk}L> MOjuJ*zYkS䛲ܩlymuc9w1wwau\dAaYW{]ǁ(,$46qLn:( *̎Ҷ*.s G}q;$O'_b1dC<xHZST~N6Q-xEvm)dɋL.8$֊liTLt31p:,+un_/&`kωjwJbg.0IWil`Q| |d`wr;|x@LwE:-&?I%h^V*_ηTK+쬬8Xˮ\V*wX7~m4K^Sp/xy*n` SyqI1 cu$7Qޢ23Z(2k&T9hS1}mԫĞ}񱜿Kz nWK kMf%[*{\SLTjuy4sxd2Y wybvY8x wx cxq7L~'Ů_YO8;"\x2-Zɴ҇W٣YME5N&!H]H6(n&ԑMs{y@$=$Z'cWZlE83pfӈv-I8JI`i{ '`ݝ*@aP: kM*G}o s^I Iٳ# x)Vm^Sp&,&K^Y]8*X41;Uq2:ƊgD(2G8vh*0[_|"`բk*z䟯VѾho~n12vP 7"?Xִ0A =uT>Zxd@1mTw/^gx'[vEf[35(aP }3ju"^gx) f_MnISձ/%"9/io4#Mk Gap%.ٲX'Vxch@gx\E͖o LJ `-SHmjM7kt1ބJC`ؑBH%X|2Da^z\Ha&BX´wIm()3[b#l (pyh)q5rOns~A/4;6 Ӝ_[TSK*yQ;w_y 'mh(q]0_X+4YU?/k#P!3xm8Ƿ(4]`]zܗYuBl(!wiccAӀ},XCèWEV endstream endobj 1 0 obj << /Type /Page /Parent 32 0 R /Resources 2 0 R /Contents 3 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 2 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 51 0 R /F6 50 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 3 0 obj << /Length 897 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -122.88 re f BT /F2 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F6 1 Tf 18 -1.18 TD (TABLE OF CONTENTS)Tj ET 0 G 0 J 0 j 0.24 w 10 M []0 d 241.65 963.45 m 370.77 963.45 l S BT /F2 1 Tf 12 0 0 12 69.09 936.5701 Tm 0.5 0 0.5 rg (ITEM 9. Regulation FD Disclosure.)Tj ET 0.5 0 0.5 RG 69.09 935.37 m 242.37 935.37 l S BT 12 0 0 12 53.73 923.13 Tm (CLEVELAND-CLIFFS REPORTS RESULTS FOR 2002)Tj ET 53.73 921.93 m 334.53 921.93 l S BT 12 0 0 12 53.73 909.6901 Tm (STATEMENT OF CONSOLIDATED OPERATIONS)Tj ET 53.73 908.49 m 317.97 908.49 l S BT 12 0 0 12 53.73 896.25 Tm (STATEMENT OF CONSOLIDATED CASH FLOWS)Tj ET 53.73 895.05 m 318.93 895.05 l S BT 12 0 0 12 53.73 882.8101 Tm (STATEMENT OF CONSOLIDATED FINANCIAL POSITION)Tj ET 53.73 881.61 m 365.97 881.61 l S BT 12 0 0 12 53.73 869.3701 Tm (SIGNATURE)Tj ET 53.73 868.17 m 121.89 868.17 l S endstream endobj 4 0 obj << /Type /Page /Parent 32 0 R /Resources 5 0 R /Contents 6 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 5 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 51 0 R /F6 50 0 R /F12 31 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 6 0 obj << /Length 28126 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -695.28 re f BT /F2 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 25.65 951.4501 Tm (ITEM 9. Regulation FD Disclosure.)Tj /F2 1 Tf 0 -2.5717 TD (պƬ Inc published a News Release on January 29, 2003 as follows: )Tj /F6 1 Tf 15.5729 -2.6907 TD -0.0001 Tc 0.0001 Tw (CLEVELAND-CLIFFS REPORTS RESULTS FOR 2002)Tj /F12 1 Tf -15.5729 -2.5717 TD 0 Tc 0 Tw ( Cleveland, OH )Tj /F2 1 Tf 7.4983 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( January 29, 2003 )Tj /F2 1 Tf 7.3593 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( պƬ Inc \(NYSE:CLF\) today reported a fourth quarter loss from continuing )Tj -15.8576 -1.1191 TD (operations of $65.6 million, or $6.49 per share \(all per share amounts are )Tj /F2 1 Tf 29.4363 0 TD ()Tj /F12 1 Tf 0.444 0 TD (diluted)Tj /F2 1 Tf 2.7777 0 TD ()Tj /F12 1 Tf 0.444 0 TD (\). For the full year 2002, Cliffs reported a loss from )Tj -33.102 -1.1192 TD (continuing operations of $66.4 million, or $6.58 per share. The fourth quarter and full year loss included a $52.7 million non-)Tj 50.1845 0 TD (cash charge )Tj -50.1845 -1.1192 TD (for the impairment of Empire Mine assets. Results from continuing operations, before the asset impairment charge and income tax)Tj 52.1543 0 TD (es, )Tj -52.1543 -1.1191 TD (were income of $7.2 million in the fourth quarter, and a loss of $4.6 million for the full year. The $7.2 million in the fourth)Tj 49.1855 0 TD ( quarter )Tj -49.1855 -1.1192 TD (reflected a $12.7 million gross margin on pellet sales of 4.5 million tons. )Tj 0 -2.5241 TD ( In 2001, Cliffs recorded a loss from continuing operations of $2.5 million, or $.26 per share, in the fourth quarter, and )Tj 48.6556 0 TD ($19.5 million, )Tj -48.6556 -1.1192 TD (or $1.93 per share, for the full year. Before income taxes, the fourth quarter loss was $3.5 million and the full year loss was)Tj 49.3195 0 TD ( )Tj -49.3195 -1.1191 TD ($28.7 million. )Tj 0 -2.524 TD ( John S. Brinzo, Cliffs)Tj /F2 1 Tf 9.9441 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( Chairman and Chief Executive Officer, said, )Tj /F2 1 Tf 18.3553 0 TD ()Tj /F12 1 Tf 0.444 0 TD (The year 2002 was full of challenges, but it was also a )Tj -29.0764 -1.1192 TD (remarkable year in which decisive actions turned adversities into opportunities. We have been profitable on an operating basis )Tj 50.7354 0 TD (the last )Tj -50.7354 -1.1191 TD (two quarters, and the stage has been set for a profitable 2003.)Tj /F2 1 Tf 24.5198 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj -24.9637 -2.5241 TD ( Following is a summary of results for 2002 and 2001: )Tj 12 0 0 12 25.65 681.6901 Tm 0.85 Tc [( )20( )20( )20( )20( )-19640( )-660( )-480( )460( )-240( )-480( )-1080( )-480( )-660( )]TJ 7.439 0 0 7.439 25.65 671.61 Tm 1.4922 Tc ( )Tj 40.4246 0 TD 0 Tc ( )Tj /F6 1 Tf 11.6789 0.0323 TD (\(In Millions, Except Per Share\))Tj /F12 1 Tf -52.1035 -1.1614 TD 1.4922 Tc ( )Tj 40.4246 0 TD 0 Tc ( )Tj ET 0.5 g 339.57 663.93 246.96 -0.48 re f BT 7.439 0 0 7.439 25.65 654.0901 Tm 0 g 1.4922 Tc ( )Tj 40.4246 0 TD 0 Tc ( )Tj /F6 1 Tf 5.3233 0.0323 TD (Fourth Quarter)Tj /F12 1 Tf 10.3562 -0.0323 TD ( )Tj /F6 1 Tf 9.4851 0.0323 TD (Year)Tj /F12 1 Tf -65.5891 -1.1614 TD 1.4922 Tc ( )Tj 40.4246 0 TD 0 Tc ( )Tj ET 0.5 g 339.57 646.41 103.2 -0.48 re f BT 7.439 0 0 7.439 443.01 645.6901 Tm 0 g ( )Tj ET 0.5 g 456.21 646.41 130.32 -0.48 re f BT 7.439 0 0 7.439 25.65 636.5701 Tm 0 g 1.4922 Tc ( )Tj 40.4246 0 TD 0 Tc ( )Tj /F6 1 Tf 4.3231 0.0323 TD (2002)Tj /F12 1 Tf 4.6135 -0.0323 TD ( )Tj /F6 1 Tf 3.2262 0.0323 TD (2001)Tj /F12 1 Tf 3.5166 -0.0323 TD ( )Tj /F6 1 Tf 5.0329 0.0323 TD (2002)Tj /F12 1 Tf 5.3555 -0.0323 TD ( )Tj /F6 1 Tf 4.3231 0.0323 TD (2001)Tj /F12 1 Tf -70.8156 -1.1614 TD 1.4922 Tc ( )Tj 40.4246 0 TD 0 Tc ( )Tj ET 0.5 g 339.57 628.89 53.04 -0.48 re f BT 7.439 0 0 7.439 392.85 628.17 Tm 0 g ( )Tj ET 0.5 g 406.05 628.89 36.72 -0.48 re f BT 7.439 0 0 7.439 443.01 628.17 Tm 0 g ( )Tj ET 0.5 g 456.21 628.89 63.84 -0.48 re f BT 7.439 0 0 7.439 520.2899 628.17 Tm 0 g ( )Tj ET 0.5 g 533.49 628.89 53.04 -0.48 re f 0.934 g 25.65 626.49 300.48 -22.32 re f BT 10.079 0 0 10.079 25.65 617.3701 Tm 0 g (Income \(Loss\) From Continuing պƬ Before Asset Impairment )Tj 0.7382 -1.1192 TD (Charge and Income Taxes)Tj ET 0.934 g 326.37 626.49 12.96 -22.32 re f BT 10.079 0 0 10.079 326.37 606.0901 Tm 0 g ( )Tj ET 0.934 g 339.57 626.49 12.96 -22.32 re f BT 10.079 0 0 10.079 347.73 606.0901 Tm 0 g ($)Tj ET 0.934 g 352.77 626.49 20.88 -22.32 re f BT 10.079 0 0 10.079 361.17 606.0901 Tm 0 g (7.2)Tj ET 0.934 g 373.89 626.49 18.72 -22.32 re f BT 10.079 0 0 10.079 373.89 606.0901 Tm 0 g ( )Tj ET 0.934 g 392.85 626.49 12.96 -22.32 re f BT 10.079 0 0 10.079 392.85 606.0901 Tm 0 g ( )Tj ET 0.934 g 406.05 626.49 7.44 -22.32 re f BT 10.079 0 0 10.079 408.69 606.0901 Tm 0 g ($)Tj ET 0.934 g 413.73 626.49 15.84 -22.32 re f BT 10.079 0 0 10.079 413.73 606.0901 Tm 0 g (\(3.5)Tj ET 0.934 g 429.81 626.49 12.96 -22.32 re f BT 10.079 0 0 10.079 429.81 606.0901 Tm 0 g (\))Tj ET 0.934 g 443.01 626.49 12.96 -22.32 re f BT 10.079 0 0 10.079 443.01 606.0901 Tm 0 g ( )Tj ET 0.934 g 456.21 626.49 18.72 -22.32 re f BT 10.079 0 0 10.079 470.13 606.0901 Tm 0 g ($)Tj ET 0.934 g 475.17 626.49 25.92 -22.32 re f BT 10.079 0 0 10.079 485.25 606.0901 Tm 0 g (\(4.6)Tj ET 0.934 g 501.33 626.49 18.72 -22.32 re f BT 10.079 0 0 10.079 501.33 606.0901 Tm 0 g (\))Tj ET 0.934 g 520.29 626.49 12.96 -22.32 re f BT 10.079 0 0 10.079 520.2899 606.0901 Tm 0 g ( )Tj ET 0.934 g 533.49 626.49 12.96 -22.32 re f BT 10.079 0 0 10.079 541.65 606.0901 Tm 0 g ($)Tj ET 0.934 g 546.69 626.49 20.88 -22.32 re f BT 10.079 0 0 10.079 546.6899 606.0901 Tm 0 g (\(28.7)Tj ET 0.934 g 567.81 626.49 18.72 -22.32 re f BT 10.079 0 0 10.079 567.8099 606.0901 Tm 0 g (\))Tj -53.7908 -1.1192 TD [(Asset Impairment Charge)-19561.1( )-2107.4( )-11.9(\(52.7)-12.6(\))-1548.1( )-1059.7( )]TJ /F2 1 Tf 39.099 0 TD ()Tj /F12 1 Tf 1.0001 0 TD 1.0596 Tw [( )-1619.3( )547.6(\(52.7)-12.6(\))-1548.1( )]TJ /F2 1 Tf 12.6917 0 TD 0 Tw ()Tj /F12 1 Tf 1.0001 0 TD ( )Tj ET 0.934 g 25.65 592.65 300.48 -11.04 re f BT 10.079 0 0 10.079 25.65 583.53 Tm 0 g (Income Taxes \(Credit\))Tj ET 0.934 g 326.37 592.65 12.96 -11.04 re f BT 10.079 0 0 10.079 326.37 583.53 Tm 0 g ( )Tj ET 0.934 g 339.57 592.65 12.96 -11.04 re f BT 10.079 0 0 10.079 339.57 583.53 Tm 0 g ( )Tj ET 0.934 g 352.77 592.65 20.88 -11.04 re f BT 10.079 0 0 10.079 356.13 583.53 Tm 0 g (20.1)Tj ET 0.934 g 373.89 592.65 18.72 -11.04 re f BT 10.079 0 0 10.079 373.89 583.53 Tm 0 g ( )Tj ET 0.934 g 392.85 592.65 12.96 -11.04 re f BT 10.079 0 0 10.079 392.85 583.53 Tm 0 g ( )Tj ET 0.934 g 406.05 592.65 7.44 -11.04 re f BT 10.079 0 0 10.079 411.09 583.53 Tm 0 g ( )Tj ET 0.934 g 413.73 592.65 15.84 -11.04 re f BT 10.079 0 0 10.079 413.73 583.53 Tm 0 g (\(1.0)Tj ET 0.934 g 429.81 592.65 12.96 -11.04 re f BT 10.079 0 0 10.079 429.81 583.53 Tm 0 g (\))Tj ET 0.934 g 443.01 592.65 12.96 -11.04 re f BT 10.079 0 0 10.079 443.01 583.53 Tm 0 g ( )Tj ET 0.934 g 456.21 592.65 18.72 -11.04 re f BT 10.079 0 0 10.079 456.21 583.53 Tm 0 g ( )Tj ET 0.934 g 475.17 592.65 25.92 -11.04 re f BT 10.079 0 0 10.079 488.61 583.53 Tm 0 g (9.1)Tj ET 0.934 g 501.33 592.65 18.72 -11.04 re f BT 10.079 0 0 10.079 501.33 583.53 Tm 0 g ( )Tj ET 0.934 g 520.29 592.65 12.96 -11.04 re f BT 10.079 0 0 10.079 520.2899 583.53 Tm 0 g ( )Tj ET 0.934 g 533.49 592.65 12.96 -11.04 re f BT 10.079 0 0 10.079 544.0499 583.53 Tm 0 g ( )Tj ET 0.934 g 546.69 592.65 20.88 -11.04 re f BT 10.079 0 0 10.079 551.73 583.53 Tm 0 g (\(9.2)Tj ET 0.934 g 567.81 592.65 18.72 -11.04 re f BT 10.079 0 0 10.079 567.8099 583.53 Tm 0 g (\))Tj -53.7908 -1.1192 TD 29.5862 Tc [( )28526.5( )]TJ ET 0.5 g 352.77 576.09 20.88 -0.48 re f BT 10.079 0 0 10.079 373.89 572.2501 Tm 0 g 1.6311 Tc [( )571.4( )]TJ ET 0.5 g 413.73 576.09 15.84 -0.48 re f BT 10.079 0 0 10.079 429.81 572.2501 Tm 0 g 1.0596 Tc ( )Tj ET 0.5 g 475.17 576.09 25.92 -0.48 re f BT 10.079 0 0 10.079 501.33 572.2501 Tm 0 g 1.6311 Tc [( )571.4( )]TJ ET 0.5 g 546.69 576.09 20.88 -0.48 re f BT 10.079 0 0 10.079 567.8099 572.2501 Tm 0 g 0 Tc ( )Tj -53.7908 -1.1192 TD 1.0596 Tw [(\(Loss\) )1059.6(From )1059.6(Continuing )1059.6(պƬ:)-15198.5( )-785.8( )-571.5( )547.6( )-285.8( )-571.5( )-1285.9( )-571.5( )-785.8( )]TJ ET 0.934 g 25.65 558.81 12.72 -11.04 re f BT 10.079 0 0 10.079 25.65 549.6901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 38.61 558.81 12.72 -11.04 re f BT 10.079 0 0 10.079 38.61 549.6901 Tm 0 g ( )Tj ET 0.934 g 51.57 558.81 274.56 -11.04 re f BT 10.079 0 0 10.079 51.57 549.6901 Tm 0 g (Amount)Tj ET 0.934 g 326.37 558.81 12.96 -11.04 re f BT 10.079 0 0 10.079 326.37 549.6901 Tm 0 g ( )Tj ET 0.934 g 339.57 558.81 12.96 -11.04 re f BT 10.079 0 0 10.079 350.13 549.6901 Tm 0 g ( )Tj ET 0.934 g 352.77 558.81 20.88 -11.04 re f BT 10.079 0 0 10.079 352.77 549.6901 Tm 0 g (\(65.6)Tj ET 0.934 g 373.89 558.81 18.72 -11.04 re f BT 10.079 0 0 10.079 373.89 549.6901 Tm 0 g (\))Tj ET 0.934 g 392.85 558.81 12.96 -11.04 re f BT 10.079 0 0 10.079 392.85 549.6901 Tm 0 g ( )Tj ET 0.934 g 406.05 558.81 7.44 -11.04 re f BT 10.079 0 0 10.079 411.09 549.6901 Tm 0 g ( )Tj ET 0.934 g 413.73 558.81 15.84 -11.04 re f BT 10.079 0 0 10.079 413.73 549.6901 Tm 0 g (\(2.5)Tj ET 0.934 g 429.81 558.81 12.96 -11.04 re f BT 10.079 0 0 10.079 429.81 549.6901 Tm 0 g (\))Tj ET 0.934 g 443.01 558.81 12.96 -11.04 re f BT 10.079 0 0 10.079 443.01 549.6901 Tm 0 g ( )Tj ET 0.934 g 456.21 558.81 18.72 -11.04 re f BT 10.079 0 0 10.079 472.53 549.6901 Tm 0 g ( )Tj ET 0.934 g 475.17 558.81 25.92 -11.04 re f BT 10.079 0 0 10.079 480.21 549.6901 Tm 0 g (\(66.4)Tj ET 0.934 g 501.33 558.81 18.72 -11.04 re f BT 10.079 0 0 10.079 501.33 549.6901 Tm 0 g (\))Tj ET 0.934 g 520.29 558.81 12.96 -11.04 re f BT 10.079 0 0 10.079 520.2899 549.6901 Tm 0 g ( )Tj ET 0.934 g 533.49 558.81 12.96 -11.04 re f BT 10.079 0 0 10.079 544.0499 549.6901 Tm 0 g ( )Tj ET 0.934 g 546.69 558.81 20.88 -11.04 re f BT 10.079 0 0 10.079 546.6899 549.6901 Tm 0 g (\(19.5)Tj ET 0.934 g 567.81 558.81 18.72 -11.04 re f BT 10.079 0 0 10.079 567.8099 549.6901 Tm 0 g (\))Tj -53.7908 -1.1192 TD 0.0119 Tw [( )-1023.9( )-1023.9(Per )11.9(Share)-23404.8( )-2095.5( \(6.49)-12.6(\))-1548.1( )-1547.8( \(.26)-12.5(\))-976.6( )-2667( )-500.1(\(6.58)-12.6(\))-1548.1( )-2095.5( \(1.93)-12.6(\))]TJ ET 0.934 g 25.65 536.25 300.48 -11.04 re f BT 10.079 0 0 10.079 25.65 527.1301 Tm 0 g 0 Tw (\(Loss\) From Discontinued Operation:)Tj ET 0.934 g 326.37 536.25 12.96 -11.04 re f BT 10.079 0 0 10.079 326.37 527.1301 Tm 0 g ( )Tj ET 0.934 g 339.57 536.25 12.96 -11.04 re f BT 10.079 0 0 10.079 339.57 527.1301 Tm 0 g ( )Tj ET 0.934 g 352.77 536.25 20.88 -11.04 re f BT 10.079 0 0 10.079 352.77 527.1301 Tm 0 g ( )Tj ET 0.934 g 373.89 536.25 18.72 -11.04 re f BT 10.079 0 0 10.079 373.89 527.1301 Tm 0 g ( )Tj ET 0.934 g 392.85 536.25 12.96 -11.04 re f BT 10.079 0 0 10.079 392.85 527.1301 Tm 0 g ( )Tj ET 0.934 g 406.05 536.25 7.44 -11.04 re f BT 10.079 0 0 10.079 406.05 527.1301 Tm 0 g ( )Tj ET 0.934 g 413.73 536.25 15.84 -11.04 re f BT 10.079 0 0 10.079 413.73 527.1301 Tm 0 g ( )Tj ET 0.934 g 429.81 536.25 12.96 -11.04 re f BT 10.079 0 0 10.079 429.81 527.1301 Tm 0 g ( )Tj ET 0.934 g 443.01 536.25 12.96 -11.04 re f BT 10.079 0 0 10.079 443.01 527.1301 Tm 0 g ( )Tj ET 0.934 g 456.21 536.25 18.72 -11.04 re f BT 10.079 0 0 10.079 456.21 527.1301 Tm 0 g ( )Tj ET 0.934 g 475.17 536.25 25.92 -11.04 re f BT 10.079 0 0 10.079 475.17 527.1301 Tm 0 g ( )Tj ET 0.934 g 501.33 536.25 18.72 -11.04 re f BT 10.079 0 0 10.079 501.33 527.1301 Tm 0 g ( )Tj ET 0.934 g 520.29 536.25 12.96 -11.04 re f BT 10.079 0 0 10.079 520.2899 527.1301 Tm 0 g ( )Tj ET 0.934 g 533.49 536.25 12.96 -11.04 re f BT 10.079 0 0 10.079 533.4899 527.1301 Tm 0 g ( )Tj ET 0.934 g 546.69 536.25 20.88 -11.04 re f BT 10.079 0 0 10.079 546.6899 527.1301 Tm 0 g ( )Tj ET 0.934 g 567.81 536.25 18.72 -11.04 re f BT 10.079 0 0 10.079 567.8099 527.1301 Tm 0 g ( )Tj -53.7908 -1.1192 TD 1.0596 Tw [( )23.8(Amount:)-24994.6( )-785.8( )-571.5( )547.6( )-285.8( )-571.5( )-1285.9( )-571.5( )-785.8( )]TJ ET 0.934 g 25.65 513.69 12.72 -11.04 re f BT 10.079 0 0 10.079 25.65 504.5701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 38.61 513.69 12.72 -11.04 re f BT 10.079 0 0 10.079 38.61 504.5701 Tm 0 g ( )Tj ET 0.934 g 51.57 513.69 12.72 -11.04 re f BT 10.079 0 0 10.079 51.57 504.5701 Tm 0 g ( )Tj ET 0.934 g 64.53 513.69 12.72 -11.04 re f BT 10.079 0 0 10.079 64.53 504.5701 Tm 0 g ( )Tj ET 0.934 g 77.49 513.69 248.64 -11.04 re f BT 10.079 0 0 10.079 77.49 504.5701 Tm 0 g (Asset Impairment Charges)Tj ET 0.934 g 326.37 513.69 12.96 -11.04 re f BT 10.079 0 0 10.079 326.37 504.5701 Tm 0 g ( )Tj ET 0.934 g 339.57 513.69 12.96 -11.04 re f BT 10.079 0 0 10.079 350.13 504.5701 Tm 0 g ( )Tj ET 0.934 g 352.77 513.69 20.88 -11.04 re f BT 10.079 0 0 10.079 357.81 504.5701 Tm 0 g (\(1.7)Tj ET 0.934 g 373.89 513.69 18.72 -11.04 re f BT 10.079 0 0 10.079 373.89 504.5701 Tm 0 g (\))Tj ET 0.934 g 392.85 513.69 12.96 -11.04 re f BT 10.079 0 0 10.079 392.85 504.5701 Tm 0 g ( )Tj ET 0.934 g 406.05 513.69 7.44 -11.04 re f BT 10.079 0 0 10.079 406.05 504.5701 Tm 0 g ( )Tj ET 0.934 g 413.73 513.69 15.84 -11.04 re f BT /F2 1 Tf 10.079 0 0 10.079 419.73 504.5701 Tm 0 g ()Tj ET 0.934 g 429.81 513.69 12.96 -11.04 re f BT /F12 1 Tf 10.079 0 0 10.079 429.81 504.5701 Tm 0 g ( )Tj ET 0.934 g 443.01 513.69 12.96 -11.04 re f BT 10.079 0 0 10.079 443.01 504.5701 Tm 0 g ( )Tj ET 0.934 g 456.21 513.69 18.72 -11.04 re f BT 10.079 0 0 10.079 472.53 504.5701 Tm 0 g ( )Tj ET 0.934 g 475.17 513.69 25.92 -11.04 re f BT 10.079 0 0 10.079 480.21 504.5701 Tm 0 g (\(97.4)Tj ET 0.934 g 501.33 513.69 18.72 -11.04 re f BT 10.079 0 0 10.079 501.33 504.5701 Tm 0 g (\))Tj ET 0.934 g 520.29 513.69 12.96 -11.04 re f BT 10.079 0 0 10.079 520.2899 504.5701 Tm 0 g ( )Tj ET 0.934 g 533.49 513.69 12.96 -11.04 re f BT 10.079 0 0 10.079 533.4899 504.5701 Tm 0 g ( )Tj ET 0.934 g 546.69 513.69 20.88 -11.04 re f BT /F2 1 Tf 10.079 0 0 10.079 557.73 504.5701 Tm 0 g ()Tj ET 0.934 g 567.81 513.69 18.72 -11.04 re f BT /F12 1 Tf 10.079 0 0 10.079 567.8099 504.5701 Tm 0 g ( )Tj -53.7908 -1.1192 TD 1.0358 Tw [( Other)-22416( )-1071.6( )523.8(\(3.5)-12.5(\))-1548.1( )-523.9( )1023.9(\(3.3)-12.5(\))-976.6( )-1643.1( )523.8(\(11.1)-12.6(\))-1548.1( )-1071.6( )1023.9(\(12.7)-12.6(\))]TJ T* 29.5862 Tc 0 Tw [( )28526.5( )]TJ ET 0.5 g 352.77 485.85 20.88 -0.48 re f BT 10.079 0 0 10.079 373.89 482.0101 Tm 0 g 1.6311 Tc [( )571.4( )]TJ ET 0.5 g 413.73 485.85 15.84 -0.48 re f BT 10.079 0 0 10.079 429.81 482.0101 Tm 0 g 1.0596 Tc ( )Tj ET 0.5 g 475.17 485.85 25.92 -0.48 re f BT 10.079 0 0 10.079 501.33 482.0101 Tm 0 g 1.6311 Tc [( )571.4( )]TJ ET 0.5 g 546.69 485.85 20.88 -0.48 re f BT 10.079 0 0 10.079 567.8099 482.0101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 25.65 479.85 12.72 -11.04 re f BT 10.079 0 0 10.079 25.65 470.7301 Tm 0 g ( )Tj ET 0.934 g 38.61 479.85 12.72 -11.04 re f BT 10.079 0 0 10.079 38.61 470.7301 Tm 0 g ( )Tj ET 0.934 g 51.57 479.85 12.72 -11.04 re f BT 10.079 0 0 10.079 51.57 470.7301 Tm 0 g ( )Tj ET 0.934 g 64.53 479.85 12.72 -11.04 re f BT 10.079 0 0 10.079 64.53 470.7301 Tm 0 g ( )Tj ET 0.934 g 77.49 479.85 248.64 -11.04 re f BT 10.079 0 0 10.079 77.49 470.7301 Tm 0 g (Total)Tj ET 0.934 g 326.37 479.85 12.96 -11.04 re f BT 10.079 0 0 10.079 326.37 470.7301 Tm 0 g ( )Tj ET 0.934 g 339.57 479.85 12.96 -11.04 re f BT 10.079 0 0 10.079 350.13 470.7301 Tm 0 g ( )Tj ET 0.934 g 352.77 479.85 20.88 -11.04 re f BT 10.079 0 0 10.079 357.81 470.7301 Tm 0 g (\(5.2)Tj ET 0.934 g 373.89 479.85 18.72 -11.04 re f BT 10.079 0 0 10.079 373.89 470.7301 Tm 0 g (\))Tj ET 0.934 g 392.85 479.85 12.96 -11.04 re f BT 10.079 0 0 10.079 392.85 470.7301 Tm 0 g ( )Tj ET 0.934 g 406.05 479.85 7.44 -11.04 re f BT 10.079 0 0 10.079 411.09 470.7301 Tm 0 g ( )Tj ET 0.934 g 413.73 479.85 15.84 -11.04 re f BT 10.079 0 0 10.079 413.73 470.7301 Tm 0 g (\(3.3)Tj ET 0.934 g 429.81 479.85 12.96 -11.04 re f BT 10.079 0 0 10.079 429.81 470.7301 Tm 0 g (\))Tj ET 0.934 g 443.01 479.85 12.96 -11.04 re f BT 10.079 0 0 10.079 443.01 470.7301 Tm 0 g ( )Tj ET 0.934 g 456.21 479.85 18.72 -11.04 re f BT 10.079 0 0 10.079 472.53 470.7301 Tm 0 g ( )Tj ET 0.934 g 475.17 479.85 25.92 -11.04 re f BT 10.079 0 0 10.079 475.17 470.7301 Tm 0 g (\(108.5)Tj ET 0.934 g 501.33 479.85 18.72 -11.04 re f BT 10.079 0 0 10.079 501.33 470.7301 Tm 0 g (\))Tj ET 0.934 g 520.29 479.85 12.96 -11.04 re f BT 10.079 0 0 10.079 520.2899 470.7301 Tm 0 g ( )Tj ET 0.934 g 533.49 479.85 12.96 -11.04 re f BT 10.079 0 0 10.079 544.0499 470.7301 Tm 0 g ( )Tj ET 0.934 g 546.69 479.85 20.88 -11.04 re f BT 10.079 0 0 10.079 546.6899 470.7301 Tm 0 g (\(12.7)Tj ET 0.934 g 567.81 479.85 18.72 -11.04 re f BT 10.079 0 0 10.079 567.8099 470.7301 Tm 0 g (\))Tj -53.7908 -1.1192 TD 0.0119 Tw [( )-1023.9( )-1023.9(Per )11.9(Share)-23404.8( )-2095.5( )-500.1(\(.52)-12.5(\))-1548.1( )-1547.8( \(.32)-12.5(\))-976.6( )-2667( \(10.72)-12.7(\))-1548.1( )-2095.5( \(1.26)-12.6(\))]TJ T* 29.5862 Tc 0 Tw [( )28526.5( )]TJ ET 0.5 g 352.77 452.01 20.88 -0.48 re f BT 10.079 0 0 10.079 373.89 448.1701 Tm 0 g 1.6311 Tc [( )571.4( )]TJ ET 0.5 g 413.73 452.01 15.84 -0.48 re f BT 10.079 0 0 10.079 429.81 448.1701 Tm 0 g 1.0596 Tc ( )Tj ET 0.5 g 475.17 452.01 25.92 -0.48 re f BT 10.079 0 0 10.079 501.33 448.1701 Tm 0 g 1.6311 Tc [( )571.4( )]TJ ET 0.5 g 546.69 452.01 20.88 -0.48 re f BT 10.079 0 0 10.079 567.8099 448.1701 Tm 0 g 0 Tc ( )Tj ET 0.934 g 25.65 446.01 300.48 -11.04 re f BT 10.079 0 0 10.079 25.65 436.8901 Tm 0 g (\(Loss\) Before Cumulative Effect of Accounting Changes:)Tj ET 0.934 g 326.37 446.01 12.96 -11.04 re f BT 10.079 0 0 10.079 326.37 436.8901 Tm 0 g ( )Tj ET 0.934 g 339.57 446.01 12.96 -11.04 re f BT 10.079 0 0 10.079 339.57 436.8901 Tm 0 g ( )Tj ET 0.934 g 352.77 446.01 20.88 -11.04 re f BT 10.079 0 0 10.079 352.77 436.8901 Tm 0 g ( )Tj ET 0.934 g 373.89 446.01 18.72 -11.04 re f BT 10.079 0 0 10.079 373.89 436.8901 Tm 0 g ( )Tj ET 0.934 g 392.85 446.01 12.96 -11.04 re f BT 10.079 0 0 10.079 392.85 436.8901 Tm 0 g ( )Tj ET 0.934 g 406.05 446.01 7.44 -11.04 re f BT 10.079 0 0 10.079 406.05 436.8901 Tm 0 g ( )Tj ET 0.934 g 413.73 446.01 15.84 -11.04 re f BT 10.079 0 0 10.079 413.73 436.8901 Tm 0 g ( )Tj ET 0.934 g 429.81 446.01 12.96 -11.04 re f BT 10.079 0 0 10.079 429.81 436.8901 Tm 0 g ( )Tj ET 0.934 g 443.01 446.01 12.96 -11.04 re f BT 10.079 0 0 10.079 443.01 436.8901 Tm 0 g ( )Tj ET 0.934 g 456.21 446.01 18.72 -11.04 re f BT 10.079 0 0 10.079 456.21 436.8901 Tm 0 g ( )Tj ET 0.934 g 475.17 446.01 25.92 -11.04 re f BT 10.079 0 0 10.079 475.17 436.8901 Tm 0 g ( )Tj ET 0.934 g 501.33 446.01 18.72 -11.04 re f BT 10.079 0 0 10.079 501.33 436.8901 Tm 0 g ( )Tj ET 0.934 g 520.29 446.01 12.96 -11.04 re f BT 10.079 0 0 10.079 520.2899 436.8901 Tm 0 g ( )Tj ET 0.934 g 533.49 446.01 12.96 -11.04 re f BT 10.079 0 0 10.079 533.4899 436.8901 Tm 0 g ( )Tj ET 0.934 g 546.69 446.01 20.88 -11.04 re f BT 10.079 0 0 10.079 546.6899 436.8901 Tm 0 g ( )Tj ET 0.934 g 567.81 446.01 18.72 -11.04 re f BT 10.079 0 0 10.079 567.8099 436.8901 Tm 0 g ( )Tj -53.7908 -1.1192 TD 0.0119 Tw [( )-1023.9( )-1023.9(Amount)-23986.8( )-2095.5( \(70.8)-12.6(\))-1548.1( )-1547.8( \(5.8)-12.5(\))-976.6( )-2667( \(174.9)-12.7(\))-1548.1( )-2095.5( \(32.2)-12.6(\))]TJ ET 0.934 g 25.65 423.45 12.72 -11.04 re f BT 10.079 0 0 10.079 25.65 414.3301 Tm 0 g 0 Tw ( )Tj ET 0.934 g 38.61 423.45 12.72 -11.04 re f BT 10.079 0 0 10.079 38.61 414.3301 Tm 0 g ( )Tj ET 0.934 g 51.57 423.45 274.56 -11.04 re f BT 10.079 0 0 10.079 51.57 414.3301 Tm 0 g (Per Share)Tj ET 0.934 g 326.37 423.45 12.96 -11.04 re f BT 10.079 0 0 10.079 326.37 414.3301 Tm 0 g ( )Tj ET 0.934 g 339.57 423.45 12.96 -11.04 re f BT 10.079 0 0 10.079 350.13 414.3301 Tm 0 g ( )Tj ET 0.934 g 352.77 423.45 20.88 -11.04 re f BT 10.079 0 0 10.079 352.77 414.3301 Tm 0 g (\(7.01)Tj ET 0.934 g 373.89 423.45 18.72 -11.04 re f BT 10.079 0 0 10.079 373.89 414.3301 Tm 0 g (\))Tj ET 0.934 g 392.85 423.45 12.96 -11.04 re f BT 10.079 0 0 10.079 392.85 414.3301 Tm 0 g ( )Tj ET 0.934 g 406.05 423.45 7.44 -11.04 re f BT 10.079 0 0 10.079 411.09 414.3301 Tm 0 g ( )Tj ET 0.934 g 413.73 423.45 15.84 -11.04 re f BT 10.079 0 0 10.079 413.73 414.3301 Tm 0 g (\(.58)Tj ET 0.934 g 429.81 423.45 12.96 -11.04 re f BT 10.079 0 0 10.079 429.81 414.3301 Tm 0 g (\))Tj ET 0.934 g 443.01 423.45 12.96 -11.04 re f BT 10.079 0 0 10.079 443.01 414.3301 Tm 0 g ( )Tj ET 0.934 g 456.21 423.45 18.72 -11.04 re f BT 10.079 0 0 10.079 472.53 414.3301 Tm 0 g ( )Tj ET 0.934 g 475.17 423.45 25.92 -11.04 re f BT 10.079 0 0 10.079 475.17 414.3301 Tm 0 g (\(17.30)Tj ET 0.934 g 501.33 423.45 18.72 -11.04 re f BT 10.079 0 0 10.079 501.33 414.3301 Tm 0 g (\))Tj ET 0.934 g 520.29 423.45 12.96 -11.04 re f BT 10.079 0 0 10.079 520.2899 414.3301 Tm 0 g ( )Tj ET 0.934 g 533.49 423.45 12.96 -11.04 re f BT 10.079 0 0 10.079 544.0499 414.3301 Tm 0 g ( )Tj ET 0.934 g 546.69 423.45 20.88 -11.04 re f BT 10.079 0 0 10.079 546.6899 414.3301 Tm 0 g (\(3.19)Tj ET 0.934 g 567.81 423.45 18.72 -11.04 re f BT 10.079 0 0 10.079 567.8099 414.3301 Tm 0 g (\))Tj -53.7908 -1.1192 TD [(Cumulative Effect of Accounting Changes:)-12506.7( )-1059.7( )-1059.6( )-1845.4( )-1631.1( )-1059.7( )-512( )-1345.4( )-1059.6( )-1059.6( )-1631.1( )-2345.5( )-1631.1( )-1059.7( )-1059.7( )-1845.4( )]TJ ET 0.934 g 25.65 400.89 12.72 -11.04 re f BT 10.079 0 0 10.079 25.65 391.7701 Tm 0 g ( )Tj ET 0.934 g 38.61 400.89 12.72 -11.04 re f BT 10.079 0 0 10.079 38.61 391.7701 Tm 0 g ( )Tj ET 0.934 g 51.57 400.89 12.72 -11.04 re f BT 10.079 0 0 10.079 51.57 391.7701 Tm 0 g ( )Tj ET 0.934 g 64.53 400.89 261.6 -11.04 re f BT 10.079 0 0 10.079 64.53 391.7701 Tm 0 g (Amount)Tj ET 0.934 g 326.37 400.89 12.96 -11.04 re f BT 10.079 0 0 10.079 326.37 391.7701 Tm 0 g ( )Tj ET 0.934 g 339.57 400.89 12.96 -11.04 re f BT 10.079 0 0 10.079 339.57 391.7701 Tm 0 g ( )Tj ET 0.934 g 352.77 400.89 20.88 -11.04 re f BT /F2 1 Tf 10.079 0 0 10.079 363.81 391.7701 Tm 0 g ()Tj ET 0.934 g 373.89 400.89 18.72 -11.04 re f BT /F12 1 Tf 10.079 0 0 10.079 373.89 391.7701 Tm 0 g ( )Tj ET 0.934 g 392.85 400.89 12.96 -11.04 re f BT 10.079 0 0 10.079 392.85 391.7701 Tm 0 g ( )Tj ET 0.934 g 406.05 400.89 7.44 -11.04 re f BT 10.079 0 0 10.079 406.05 391.7701 Tm 0 g ( )Tj ET 0.934 g 413.73 400.89 15.84 -11.04 re f BT /F2 1 Tf 10.079 0 0 10.079 419.73 391.7701 Tm 0 g ()Tj ET 0.934 g 429.81 400.89 12.96 -11.04 re f BT /F12 1 Tf 10.079 0 0 10.079 429.81 391.7701 Tm 0 g ( )Tj ET 0.934 g 443.01 400.89 12.96 -11.04 re f BT 10.079 0 0 10.079 443.01 391.7701 Tm 0 g ( )Tj ET 0.934 g 456.21 400.89 18.72 -11.04 re f BT 10.079 0 0 10.079 472.53 391.7701 Tm 0 g ( )Tj ET 0.934 g 475.17 400.89 25.92 -11.04 re f BT 10.079 0 0 10.079 480.21 391.7701 Tm 0 g (\(13.4)Tj ET 0.934 g 501.33 400.89 18.72 -11.04 re f BT 10.079 0 0 10.079 501.33 391.7701 Tm 0 g (\))Tj ET 0.934 g 520.29 400.89 12.96 -11.04 re f BT 10.079 0 0 10.079 520.2899 391.7701 Tm 0 g ( )Tj ET 0.934 g 533.49 400.89 12.96 -11.04 re f BT 10.079 0 0 10.079 533.4899 391.7701 Tm 0 g ( )Tj ET 0.934 g 546.69 400.89 20.88 -11.04 re f BT 10.079 0 0 10.079 555.09 391.7701 Tm 0 g (9.3)Tj ET 0.934 g 567.81 400.89 18.72 -11.04 re f BT 10.079 0 0 10.079 567.8099 391.7701 Tm 0 g ( )Tj -53.7908 -1.1192 TD 1.0358 Tw [( Per )1035.8(Share)-22119( )-23.9( )]TJ /F2 1 Tf 33.5508 0 TD 0 Tw ()Tj /F12 1 Tf 1.0001 0 TD 1.6311 Tc [( )571.4( )]TJ /F2 1 Tf 4.5481 0 TD 0 Tc ()Tj /F12 1 Tf 1.0001 0 TD 1.0596 Tw [( )-1619.3( )547.6(\(1.32)-12.6(\))-1548.1( )-833.5(.92)-12.1( )]TJ -40.0991 -1.1192 TD 29.5862 Tc 0 Tw [( )28526.5( )]TJ ET 0.5 g 352.77 373.05 20.88 -0.48 re f BT 10.079 0 0 10.079 373.89 369.2101 Tm 0 g 1.6311 Tc [( )571.4( )]TJ ET 0.5 g 413.73 373.05 15.84 -0.48 re f BT 10.079 0 0 10.079 429.81 369.2101 Tm 0 g 1.0596 Tc ( )Tj ET 0.5 g 475.17 373.05 25.92 -0.48 re f BT 10.079 0 0 10.079 501.33 369.2101 Tm 0 g 1.6311 Tc [( )571.4( )]TJ ET 0.5 g 546.69 373.05 20.88 -0.48 re f BT 10.079 0 0 10.079 567.8099 369.2101 Tm 0 g 0 Tc ( )Tj ET 0.934 g 25.65 367.05 300.48 -11.04 re f BT 10.079 0 0 10.079 25.65 357.9301 Tm 0 g (Net \(Loss\):)Tj ET 0.934 g 326.37 367.05 12.96 -11.04 re f BT 10.079 0 0 10.079 326.37 357.9301 Tm 0 g ( )Tj ET 0.934 g 339.57 367.05 12.96 -11.04 re f BT 10.079 0 0 10.079 339.57 357.9301 Tm 0 g ( )Tj ET 0.934 g 352.77 367.05 20.88 -11.04 re f BT 10.079 0 0 10.079 352.77 357.9301 Tm 0 g ( )Tj ET 0.934 g 373.89 367.05 18.72 -11.04 re f BT 10.079 0 0 10.079 373.89 357.9301 Tm 0 g ( )Tj ET 0.934 g 392.85 367.05 12.96 -11.04 re f BT 10.079 0 0 10.079 392.85 357.9301 Tm 0 g ( )Tj ET 0.934 g 406.05 367.05 7.44 -11.04 re f BT 10.079 0 0 10.079 406.05 357.9301 Tm 0 g ( )Tj ET 0.934 g 413.73 367.05 15.84 -11.04 re f BT 10.079 0 0 10.079 413.73 357.9301 Tm 0 g ( )Tj ET 0.934 g 429.81 367.05 12.96 -11.04 re f BT 10.079 0 0 10.079 429.81 357.9301 Tm 0 g ( )Tj ET 0.934 g 443.01 367.05 12.96 -11.04 re f BT 10.079 0 0 10.079 443.01 357.9301 Tm 0 g ( )Tj ET 0.934 g 456.21 367.05 18.72 -11.04 re f BT 10.079 0 0 10.079 456.21 357.9301 Tm 0 g ( )Tj ET 0.934 g 475.17 367.05 25.92 -11.04 re f BT 10.079 0 0 10.079 475.17 357.9301 Tm 0 g ( )Tj ET 0.934 g 501.33 367.05 18.72 -11.04 re f BT 10.079 0 0 10.079 501.33 357.9301 Tm 0 g ( )Tj ET 0.934 g 520.29 367.05 12.96 -11.04 re f BT 10.079 0 0 10.079 520.2899 357.9301 Tm 0 g ( )Tj ET 0.934 g 533.49 367.05 12.96 -11.04 re f BT 10.079 0 0 10.079 533.4899 357.9301 Tm 0 g ( )Tj ET 0.934 g 546.69 367.05 20.88 -11.04 re f BT 10.079 0 0 10.079 546.6899 357.9301 Tm 0 g ( )Tj ET 0.934 g 567.81 367.05 18.72 -11.04 re f BT 10.079 0 0 10.079 567.8099 357.9301 Tm 0 g ( )Tj -53.7908 -1.1192 TD 1.0358 Tw [( Amount)-23986.8( )-833.5($\(70.8)-12.6(\))-1548.1( )-285.8($\(5.8)-12.5(\))-976.6( )-1404.9($\(188.3)-12.7(\))-1548.1( )-833.5($\(22.9)-12.6(\))]TJ ET 0.934 g 25.65 344.49 12.72 -11.04 re f BT 10.079 0 0 10.079 25.65 335.3701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 38.61 344.49 12.72 -11.04 re f BT 10.079 0 0 10.079 38.61 335.3701 Tm 0 g ( )Tj ET 0.934 g 51.57 344.49 274.56 -11.04 re f BT 10.079 0 0 10.079 51.57 335.3701 Tm 0 g (Per Share)Tj ET 0.934 g 326.37 344.49 12.96 -11.04 re f BT 10.079 0 0 10.079 326.37 335.3701 Tm 0 g ( )Tj ET 0.934 g 339.57 344.49 12.96 -11.04 re f BT 10.079 0 0 10.079 347.73 335.3701 Tm 0 g ($)Tj ET 0.934 g 352.77 344.49 20.88 -11.04 re f BT 10.079 0 0 10.079 352.77 335.3701 Tm 0 g (\(7.01)Tj ET 0.934 g 373.89 344.49 18.72 -11.04 re f BT 10.079 0 0 10.079 373.89 335.3701 Tm 0 g (\))Tj ET 0.934 g 392.85 344.49 12.96 -11.04 re f BT 10.079 0 0 10.079 392.85 335.3701 Tm 0 g ( )Tj ET 0.934 g 406.05 344.49 7.44 -11.04 re f BT 10.079 0 0 10.079 408.69 335.3701 Tm 0 g ($)Tj ET 0.934 g 413.73 344.49 15.84 -11.04 re f BT 10.079 0 0 10.079 413.73 335.3701 Tm 0 g (\(.58)Tj ET 0.934 g 429.81 344.49 12.96 -11.04 re f BT 10.079 0 0 10.079 429.81 335.3701 Tm 0 g (\))Tj ET 0.934 g 443.01 344.49 12.96 -11.04 re f BT 10.079 0 0 10.079 443.01 335.3701 Tm 0 g ( )Tj ET 0.934 g 456.21 344.49 18.72 -11.04 re f BT 10.079 0 0 10.079 470.13 335.3701 Tm 0 g ($)Tj ET 0.934 g 475.17 344.49 25.92 -11.04 re f BT 10.079 0 0 10.079 475.17 335.3701 Tm 0 g (\(18.62)Tj ET 0.934 g 501.33 344.49 18.72 -11.04 re f BT 10.079 0 0 10.079 501.33 335.3701 Tm 0 g (\))Tj ET 0.934 g 520.29 344.49 12.96 -11.04 re f BT 10.079 0 0 10.079 520.2899 335.3701 Tm 0 g ( )Tj ET 0.934 g 533.49 344.49 12.96 -11.04 re f BT 10.079 0 0 10.079 541.65 335.3701 Tm 0 g ($)Tj ET 0.934 g 546.69 344.49 20.88 -11.04 re f BT 10.079 0 0 10.079 546.6899 335.3701 Tm 0 g (\(2.27)Tj ET 0.934 g 567.81 344.49 18.72 -11.04 re f BT 10.079 0 0 10.079 567.8099 335.3701 Tm 0 g (\))Tj -53.7908 -1.1192 TD 29.5862 Tc [( )28526.5( )]TJ ET 0.5 g 352.77 329.13 20.88 -2.88 re f BT 10.079 0 0 10.079 373.89 324.0901 Tm 0 g 1.6311 Tc [( )571.4( )]TJ ET 0.5 g 413.73 329.13 15.84 -2.88 re f BT 10.079 0 0 10.079 429.81 324.0901 Tm 0 g 1.0596 Tc ( )Tj ET 0.5 g 475.17 329.13 25.92 -2.88 re f BT 10.079 0 0 10.079 501.33 324.0901 Tm 0 g 1.6311 Tc [( )571.4( )]TJ ET 0.5 g 546.69 329.13 20.88 -2.88 re f BT 10.079 0 0 10.079 567.8099 324.0901 Tm 0 g 0 Tc ( )Tj -26.2168 -2.6907 TD (2)Tj ET endstream endobj 7 0 obj << /Type /Page /Parent 32 0 R /Resources 8 0 R /Contents 9 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 8 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 51 0 R /F6 50 0 R /F12 31 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 9 0 obj << /Length 14180 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -639.6 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 ( The improvement in 2002 fourth quarter and full year results from continuing operations, before the Empire Mine asset impa)Tj 51.2654 0 TD (irment )Tj -51.2654 -1.1191 TD (charge and income taxes, was primarily due to higher pellet sales and production volume. Iron ore pellet sales volume was up by)Tj 51.5143 0 TD ( )Tj -51.5143 -1.1192 TD (67 percent in the fourth quarter and 75 percent for the full year. Cliffs)Tj /F2 1 Tf 27.8795 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( share of pellet production was up by more than 300 percent in the )Tj -28.2124 -1.1192 TD (quarter and 88 percent for the full year. There were no production curtailments in the fourth quarter of 2002. In the fourth qu)Tj 49.8725 0 TD (arter of )Tj -49.8725 -1.1192 TD (2001, the fixed costs associated with production curtailments totaled $13.2 million. The cost of production curtailments in ful)Tj 50.2144 0 TD (l year )Tj -50.2144 -1.1191 TD (results were $20.6 million in 2002 and $48.0 million in 2001. )Tj 0 -2.5241 TD ( Royalty and management fee income from partners declined in 2002 mainly due to the increase in Cliffs)Tj /F2 1 Tf 43.0171 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( ownership of the Tilden )Tj -43.3501 -1.1192 TD (Mine in 2002, and the extended shutdown of the Empire Mine early in 2002. Administrative costs increased in 2002 primarily due )Tj 52.4062 0 TD (to )Tj -52.4062 -1.1191 TD (higher benefit costs and incentive compensation expense. )Tj 0 -2.524 TD ( Iron ore pellet sales in the fourth quarter of 2002 were 4.5 million tons compared to 2.7 million tons in 2001. Full year )Tj 48.8526 0 TD (sales were )Tj -48.8526 -1.1192 TD (14.7 million tons in 2002 versus 8.4 million tons in 2001. A significant portion of the increase in both periods was the sale o)Tj 49.7165 0 TD (f pellets to )Tj -49.7165 -1.1191 TD (International Steel Group and Algoma Steel under new sales agreements. )Tj 0 -2.524 TD ( Cliffs)Tj /F2 1 Tf 3.5277 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( share of iron ore pellet production in the fourth quarter was 4.2 million tons versus 1.0 million tons in 2001, and full year )Tj -3.8606 -1.1192 TD (production was 14.7 million tons versus 7.8 million tons in 2001. At the end of December, Cliffs had 3.9 million tons of pellet)Tj 50.5224 0 TD (s in )Tj -50.5224 -1.1192 TD (inventory compared to 3.0 million tons at December 31, 2001. With the Company)Tj /F2 1 Tf 32.8 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s new business model, a significant percentage of the )Tj -33.133 -1.1191 TD (pellets in inventory at year-end are located in the lower great lakes region and will be sold in the first quarter of 2003. )Tj 0 -2.5241 TD ( Following is a summary of production tonnages by mine for the year 2002 and 2001: )Tj 12 0 0 12 151.89 703.05 Tm 0.45 Tc [( )-260( )-9780( )-260( )-780( )-260( )-780( )-260( )-780( )-20( )-280( )440( )-360( )]TJ 7.439 0 0 7.439 151.89 692.9701 Tm 1.2986 Tc [( )-15356.8( )]TJ /F6 1 Tf 26.9067 0.0323 TD 0 Tc (\(Tons in Millions\))Tj /F12 1 Tf -26.9067 -1.1614 TD 1.2986 Tc [( )-15356.8( )]TJ ET 0.5 g 300.69 685.29 159.6 -0.48 re f BT 7.439 0 0 7.439 151.89 675.4501 Tm 0 g [( )-15356.8( )]TJ /F6 1 Tf 23.003 0.0323 TD 0 Tc (Total Mine)Tj /F12 1 Tf 7.8397 -0.0323 TD ( )Tj /F6 1 Tf 3.3875 0.0323 TD (Cliffs Share)Tj /F12 1 Tf -34.2302 -1.1614 TD 1.2986 Tc [( )-15356.8( )]TJ ET 0.5 g 300.69 667.77 80.4 -0.48 re f BT 7.439 0 0 7.439 381.33 667.05 Tm 0 g 0 Tc ( )Tj ET 0.5 g 392.85 667.77 67.44 -0.48 re f BT 7.439 0 0 7.439 151.89 657.9301 Tm 0 g 1.2986 Tc [( )-15356.8( )]TJ /F6 1 Tf 21.2931 0.0323 TD 0 Tc (2002)Tj /F12 1 Tf 3.3553 -0.0323 TD ( )Tj /F6 1 Tf 2.8391 0.0323 TD (2001)Tj /F12 1 Tf 3.3553 -0.0323 TD ( )Tj /F6 1 Tf 2.8391 0.0323 TD (2002)Tj /F12 1 Tf 3.3875 -0.0323 TD ( )Tj /F6 1 Tf 1.968 0.0323 TD (2001)Tj /F12 1 Tf -39.0373 -1.1614 TD 1.2986 Tc [( )-15356.8( )]TJ ET 0.5 g 300.69 650.25 34.32 -0.48 re f BT 7.439 0 0 7.439 335.25 649.53 Tm 0 g 0 Tc ( )Tj ET 0.5 g 346.77 650.25 34.32 -0.48 re f BT 7.439 0 0 7.439 381.33 649.53 Tm 0 g ( )Tj ET 0.5 g 392.85 650.25 34.56 -0.48 re f BT 7.439 0 0 7.439 427.65 649.53 Tm 0 g ( )Tj ET 0.5 g 439.41 650.25 20.88 -0.48 re f 0.934 g 151.89 647.85 137.04 -11.04 re f BT 10.079 0 0 10.079 151.89 638.73 Tm 0 g (Empire)Tj ET 0.934 g 289.17 647.85 11.28 -11.04 re f BT 10.079 0 0 10.079 289.17 638.73 Tm 0 g ( )Tj ET 0.934 g 300.69 647.85 8.16 -11.04 re f BT 10.079 0 0 10.079 300.69 638.73 Tm 0 g ( )Tj ET 0.934 g 309.09 647.85 17.52 -11.04 re f BT 10.079 0 0 10.079 314.13 638.73 Tm 0 g (3.6)Tj ET 0.934 g 326.85 647.85 8.16 -11.04 re f BT 10.079 0 0 10.079 326.85 638.73 Tm 0 g ( )Tj ET 0.934 g 335.25 647.85 11.28 -11.04 re f BT 10.079 0 0 10.079 335.25 638.73 Tm 0 g ( )Tj ET 0.934 g 346.77 647.85 8.16 -11.04 re f BT 10.079 0 0 10.079 346.77 638.73 Tm 0 g ( )Tj ET 0.934 g 355.17 647.85 17.52 -11.04 re f BT 10.079 0 0 10.079 360.21 638.73 Tm 0 g (5.7)Tj ET 0.934 g 372.93 647.85 8.16 -11.04 re f BT 10.079 0 0 10.079 372.93 638.73 Tm 0 g ( )Tj ET 0.934 g 381.33 647.85 11.28 -11.04 re f BT 10.079 0 0 10.079 381.33 638.73 Tm 0 g ( )Tj ET 0.934 g 392.85 647.85 8.16 -11.04 re f BT 10.079 0 0 10.079 392.85 638.73 Tm 0 g ( )Tj ET 0.934 g 401.25 647.85 17.52 -11.04 re f BT 10.079 0 0 10.079 406.29 638.73 Tm 0 g (1.1)Tj ET 0.934 g 419.01 647.85 8.4 -11.04 re f BT 10.079 0 0 10.079 419.01 638.73 Tm 0 g ( )Tj ET 0.934 g 427.65 647.85 11.52 -11.04 re f BT 10.079 0 0 10.079 427.65 638.73 Tm 0 g ( )Tj ET 0.934 g 439.41 647.85 2.88 -11.04 re f BT 10.079 0 0 10.079 439.41 638.73 Tm 0 g ( )Tj ET 0.934 g 442.53 647.85 12.48 -11.04 re f BT 10.079 0 0 10.079 442.53 638.73 Tm 0 g (1.7)Tj ET 0.934 g 455.25 647.85 5.04 -11.04 re f BT 10.079 0 0 10.079 455.25 638.73 Tm 0 g ( )Tj -30.0981 -1.1192 TD 0.893 Tw [(Tilden)-11009.5( )-190.5(7.9)-12.1( )309.6( )-190.5(6.4)-12.1( )309.6( )-190.5(6.7)-12.1( )285.8( )-23.8( )833.4(2.2)-12.1( )]TJ T* 13.3703 Tc 0 Tw [( )12477.3( )]TJ ET 0.5 g 309.09 620.01 17.52 -0.48 re f BT 10.079 0 0 10.079 326.85 616.17 Tm 0 g 0.5834 Tc [( )-309.6( )]TJ ET 0.5 g 355.17 620.01 17.52 -0.48 re f BT 10.079 0 0 10.079 372.93 616.17 Tm 0 g [( )-309.6( )]TJ ET 0.5 g 401.25 620.01 17.52 -0.48 re f BT 10.079 0 0 10.079 419.01 616.17 Tm 0 g 0.6072 Tc [( )-309.6( )]TJ ET 0.5 g 442.53 620.01 12.48 -0.48 re f BT 10.079 0 0 10.079 455.25 616.17 Tm 0 g 0 Tc ( )Tj ET 0.934 g 151.89 614.01 11.28 -11.04 re f BT 10.079 0 0 10.079 151.89 604.8901 Tm 0 g ( )Tj ET 0.934 g 163.41 614.01 125.52 -11.04 re f BT 10.079 0 0 10.079 163.41 604.8901 Tm 0 g (Michigan Mines)Tj ET 0.934 g 289.17 614.01 11.28 -11.04 re f BT 10.079 0 0 10.079 289.17 604.8901 Tm 0 g ( )Tj ET 0.934 g 300.69 614.01 8.16 -11.04 re f BT 10.079 0 0 10.079 300.69 604.8901 Tm 0 g ( )Tj ET 0.934 g 309.09 614.01 17.52 -11.04 re f BT 10.079 0 0 10.079 309.09 604.8901 Tm 0 g (11.5)Tj ET 0.934 g 326.85 614.01 8.16 -11.04 re f BT 10.079 0 0 10.079 326.85 604.8901 Tm 0 g ( )Tj ET 0.934 g 335.25 614.01 11.28 -11.04 re f BT 10.079 0 0 10.079 335.25 604.8901 Tm 0 g ( )Tj ET 0.934 g 346.77 614.01 8.16 -11.04 re f BT 10.079 0 0 10.079 346.77 604.8901 Tm 0 g ( )Tj ET 0.934 g 355.17 614.01 17.52 -11.04 re f BT 10.079 0 0 10.079 355.17 604.8901 Tm 0 g (12.1)Tj ET 0.934 g 372.93 614.01 8.16 -11.04 re f BT 10.079 0 0 10.079 372.93 604.8901 Tm 0 g ( )Tj ET 0.934 g 381.33 614.01 11.28 -11.04 re f BT 10.079 0 0 10.079 381.33 604.8901 Tm 0 g ( )Tj ET 0.934 g 392.85 614.01 8.16 -11.04 re f BT 10.079 0 0 10.079 392.85 604.8901 Tm 0 g ( )Tj ET 0.934 g 401.25 614.01 17.52 -11.04 re f BT 10.079 0 0 10.079 406.29 604.8901 Tm 0 g (7.8)Tj ET 0.934 g 419.01 614.01 8.4 -11.04 re f BT 10.079 0 0 10.079 419.01 604.8901 Tm 0 g ( )Tj ET 0.934 g 427.65 614.01 11.52 -11.04 re f BT 10.079 0 0 10.079 427.65 604.8901 Tm 0 g ( )Tj ET 0.934 g 439.41 614.01 2.88 -11.04 re f BT 10.079 0 0 10.079 439.41 604.8901 Tm 0 g ( )Tj ET 0.934 g 442.53 614.01 12.48 -11.04 re f BT 10.079 0 0 10.079 442.53 604.8901 Tm 0 g (3.9)Tj ET 0.934 g 455.25 614.01 5.04 -11.04 re f BT 10.079 0 0 10.079 455.25 604.8901 Tm 0 g ( )Tj -30.0981 -1.1192 TD 0.893 Tw [(Hibbing)-10342.6( )-190.5(7.7)-12.1( )309.6( )-190.5(6.1)-12.1( )309.6( )-190.5(1.5)-12.1( )285.8( )-23.8( )333.4(.2)-12( )]TJ ET 0.934 g 151.89 591.45 137.04 -11.04 re f BT 10.079 0 0 10.079 151.89 582.3301 Tm 0 g 0 Tw (Northshore)Tj ET 0.934 g 289.17 591.45 11.28 -11.04 re f BT 10.079 0 0 10.079 289.17 582.3301 Tm 0 g ( )Tj ET 0.934 g 300.69 591.45 8.16 -11.04 re f BT 10.079 0 0 10.079 300.69 582.3301 Tm 0 g ( )Tj ET 0.934 g 309.09 591.45 17.52 -11.04 re f BT 10.079 0 0 10.079 314.13 582.3301 Tm 0 g (4.2)Tj ET 0.934 g 326.85 591.45 8.16 -11.04 re f BT 10.079 0 0 10.079 326.85 582.3301 Tm 0 g ( )Tj ET 0.934 g 335.25 591.45 11.28 -11.04 re f BT 10.079 0 0 10.079 335.25 582.3301 Tm 0 g ( )Tj ET 0.934 g 346.77 591.45 8.16 -11.04 re f BT 10.079 0 0 10.079 346.77 582.3301 Tm 0 g ( )Tj ET 0.934 g 355.17 591.45 17.52 -11.04 re f BT 10.079 0 0 10.079 360.21 582.3301 Tm 0 g (2.8)Tj ET 0.934 g 372.93 591.45 8.16 -11.04 re f BT 10.079 0 0 10.079 372.93 582.3301 Tm 0 g ( )Tj ET 0.934 g 381.33 591.45 11.28 -11.04 re f BT 10.079 0 0 10.079 381.33 582.3301 Tm 0 g ( )Tj ET 0.934 g 392.85 591.45 8.16 -11.04 re f BT 10.079 0 0 10.079 392.85 582.3301 Tm 0 g ( )Tj ET 0.934 g 401.25 591.45 17.52 -11.04 re f BT 10.079 0 0 10.079 406.29 582.3301 Tm 0 g (4.2)Tj ET 0.934 g 419.01 591.45 8.4 -11.04 re f BT 10.079 0 0 10.079 419.01 582.3301 Tm 0 g ( )Tj ET 0.934 g 427.65 591.45 11.52 -11.04 re f BT 10.079 0 0 10.079 427.65 582.3301 Tm 0 g ( )Tj ET 0.934 g 439.41 591.45 2.88 -11.04 re f BT 10.079 0 0 10.079 439.41 582.3301 Tm 0 g ( )Tj ET 0.934 g 442.53 591.45 12.48 -11.04 re f BT 10.079 0 0 10.079 442.53 582.3301 Tm 0 g (2.8)Tj ET 0.934 g 455.25 591.45 5.04 -11.04 re f BT 10.079 0 0 10.079 455.25 582.3301 Tm 0 g ( )Tj -30.0981 -1.1192 TD 0.893 Tw [(Wabush)-10343.6( )-190.5(4.5)-12.1( )309.6( )-190.5(4.4)-12.1( )309.6( )-190.5(1.2)-12.1( )285.8( )-23.8( )333.4(.9)-12( )]TJ T* 13.3703 Tc 0 Tw [( )12477.3( )]TJ ET 0.5 g 309.09 563.61 17.52 -0.48 re f BT 10.079 0 0 10.079 326.85 559.7701 Tm 0 g 0.5834 Tc [( )-309.6( )]TJ ET 0.5 g 355.17 563.61 17.52 -0.48 re f BT 10.079 0 0 10.079 372.93 559.7701 Tm 0 g [( )-309.6( )]TJ ET 0.5 g 401.25 563.61 17.52 -0.48 re f BT 10.079 0 0 10.079 419.01 559.7701 Tm 0 g 0.6072 Tc [( )-309.6( )]TJ ET 0.5 g 442.53 563.61 12.48 -0.48 re f BT 10.079 0 0 10.079 455.25 559.7701 Tm 0 g 0 Tc ( )Tj ET 0.934 g 151.89 557.61 11.28 -11.04 re f BT 10.079 0 0 10.079 151.89 548.4901 Tm 0 g ( )Tj ET 0.934 g 163.41 557.61 125.52 -11.04 re f BT 10.079 0 0 10.079 163.41 548.4901 Tm 0 g (Total)Tj ET 0.934 g 289.17 557.61 11.28 -11.04 re f BT 10.079 0 0 10.079 289.17 548.4901 Tm 0 g ( )Tj ET 0.934 g 300.69 557.61 8.16 -11.04 re f BT 10.079 0 0 10.079 300.69 548.4901 Tm 0 g ( )Tj ET 0.934 g 309.09 557.61 17.52 -11.04 re f BT 10.079 0 0 10.079 309.09 548.4901 Tm 0 g (27.9)Tj ET 0.934 g 326.85 557.61 8.16 -11.04 re f BT 10.079 0 0 10.079 326.85 548.4901 Tm 0 g ( )Tj ET 0.934 g 335.25 557.61 11.28 -11.04 re f BT 10.079 0 0 10.079 335.25 548.4901 Tm 0 g ( )Tj ET 0.934 g 346.77 557.61 8.16 -11.04 re f BT 10.079 0 0 10.079 346.77 548.4901 Tm 0 g ( )Tj ET 0.934 g 355.17 557.61 17.52 -11.04 re f BT 10.079 0 0 10.079 355.17 548.4901 Tm 0 g (25.4)Tj ET 0.934 g 372.93 557.61 8.16 -11.04 re f BT 10.079 0 0 10.079 372.93 548.4901 Tm 0 g ( )Tj ET 0.934 g 381.33 557.61 11.28 -11.04 re f BT 10.079 0 0 10.079 381.33 548.4901 Tm 0 g ( )Tj ET 0.934 g 392.85 557.61 8.16 -11.04 re f BT 10.079 0 0 10.079 392.85 548.4901 Tm 0 g ( )Tj ET 0.934 g 401.25 557.61 17.52 -11.04 re f BT 10.079 0 0 10.079 401.25 548.4901 Tm 0 g (14.7)Tj ET 0.934 g 419.01 557.61 8.4 -11.04 re f BT 10.079 0 0 10.079 419.01 548.4901 Tm 0 g ( )Tj ET 0.934 g 427.65 557.61 11.52 -11.04 re f BT 10.079 0 0 10.079 427.65 548.4901 Tm 0 g ( )Tj ET 0.934 g 439.41 557.61 2.88 -11.04 re f BT 10.079 0 0 10.079 439.41 548.4901 Tm 0 g ( )Tj ET 0.934 g 442.53 557.61 12.48 -11.04 re f BT 10.079 0 0 10.079 442.53 548.4901 Tm 0 g (7.8)Tj ET 0.934 g 455.25 557.61 5.04 -11.04 re f BT 10.079 0 0 10.079 455.25 548.4901 Tm 0 g ( )Tj -30.0981 -1.1191 TD 13.3703 Tc [( )12477.3( )]TJ ET 0.5 g 309.09 542.25 17.52 -2.88 re f BT 10.079 0 0 10.079 326.85 537.2101 Tm 0 g 0.5834 Tc [( )-309.6( )]TJ ET 0.5 g 355.17 542.25 17.52 -2.88 re f BT 10.079 0 0 10.079 372.93 537.2101 Tm 0 g [( )-309.6( )]TJ ET 0.5 g 401.25 542.25 17.52 -2.88 re f BT 10.079 0 0 10.079 419.01 537.2101 Tm 0 g 0.6072 Tc [( )-309.6( )]TJ ET 0.5 g 442.53 542.25 12.48 -2.88 re f BT 10.079 0 0 10.079 455.25 537.2101 Tm 0 g 0 Tc ( )Tj /F6 1 Tf -42.6231 -2.6907 TD (Empire Mine Asset Impairment Charge)Tj /F12 1 Tf 0 -2.5717 TD ( Cliffs recorded a $52.7 million non-cash charge in the fourth quarter of 2002 to recognize the impairment of Empire Mine a)Tj 50.8194 0 TD (ssets. The )Tj -50.8194 -1.1192 TD (Company periodically conducts a formal evaluation of its iron ore reserves at all mining locations, which includes the effect o)Tj 50.3764 0 TD (f changes )Tj -50.3764 -1.1192 TD (in the cost of producing pellets from the respective ore reserves. As previously announced, we completed various mine planning )Tj 51.5693 0 TD (studies )Tj -51.5693 -1.1192 TD (at Empire in the fourth quarter which indicated that the mine)Tj /F2 1 Tf 24.2718 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s economic ore reserves were reduced from 116 million tons of pellets at )Tj -24.6048 -1.1192 TD (December 31, 2001 to 63 million tons at the end of 2002. The Company concluded that the projected future cash flows from remain)Tj 52.7652 0 TD (ing )Tj -52.7652 -1.1192 TD (economic reserves would not exceed the carrying value of the Empire fixed assets, and accordingly, the impairment charge was )Tj T* (recorded. )Tj 0 -2.5241 TD ( Brinzo noted, )Tj /F2 1 Tf 6.9434 0 TD ()Tj /F12 1 Tf 0.444 0 TD (The write-off of Empire assets, which was required by accounting guidelines, does not reflect a lack of commitment to )Tj -7.3873 -1.1192 TD (the mine. We entered into an agreement with Ispat Inland Inc., )Tj 27.5741 -2.6907 TD (3)Tj ET endstream endobj 10 0 obj << /Type /Page /Parent 32 0 R /Resources 11 0 R /Contents 12 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 11 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 51 0 R /F6 50 0 R /F12 31 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 12 0 obj << /Length 5561 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -627.6 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 (effective December 31, 2002, that increased our ownership of the Empire Mine to 79 percent and better positioned the mine for t)Tj 51.5123 0 TD (he )Tj -51.5123 -1.1191 TD (future. This transaction could lead to the combination of the operations of the Empire and Tilden Mines before the end of 2003.)Tj 51.0154 0 TD ( The )Tj -51.0154 -1.1192 TD (combination, which has been under study for some time, would be expected to create a more efficient, cost competitive mining )Tj T* (operation.)Tj /F2 1 Tf 4.0266 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj /F6 1 Tf -4.4706 -2.6907 TD (Income Taxes)Tj /F12 1 Tf 0 -2.5717 TD ( In 2002, the Company had pre-tax losses from continuing and discontinued operations totaling $165.8 million and a $13.4 mi)Tj 51.4373 0 TD (llion )Tj -51.4373 -1.1192 TD (pre-tax charge for the cumulative effect of an accounting change for which no tax benefit was recorded. In addition, the Compan)Tj 51.4813 0 TD (y )Tj -51.4813 -1.1191 TD (established a deferred tax valuation allowance in recognition of uncertainty regarding realization of future tax benefits. The )Tj 49.5945 0 TD (income tax )Tj -49.5945 -1.1192 TD (provision of $20.1 million in the fourth quarter and $9.1 million for the full year represents non-cash charges primarily attri)Tj 49.4055 0 TD (butable to )Tj -49.4055 -1.1192 TD (fully reserving Cliffs)Tj /F2 1 Tf 8.3872 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( net deferred tax assets. The deferred tax valuation allowance will be evaluated in future periods, and a benefit )Tj -8.7202 -1.1192 TD (recorded upon the realization of all or a portion of the deferred tax assets. The Company does not expect to record a provision)Tj 50.3454 0 TD ( for federal )Tj -50.3454 -1.1191 TD (income taxes in future years, except for potential alternative minimum taxes, until it has recorded substantial pre-tax income.)Tj 49.9875 0 TD ( )Tj /F6 1 Tf -49.9875 -2.6907 TD (Discontinued Operation)Tj /F12 1 Tf 0 -2.5717 TD ( In the fourth quarter, Cliffs decided to exit the ferrous metallics business and abandoned its investment in the Cliffs an)Tj 48.6286 0 TD (d Associates )Tj -48.6286 -1.1191 TD (Limited HBI plant in Trinidad. The $5.2 million, or $.52 per share, fourth quarter loss from discontinued operations at CAL, in)Tj 50.8244 0 TD (cluded a )Tj -50.8244 -1.1192 TD ($1.7 million charge to write-off the remaining working capital. The full year loss from CAL, which includes asset impairment ch)Tj 51.5993 0 TD (arges of )Tj -51.5993 -1.1192 TD ($97.4 million, was $108.5 million, or $10.72 per share. No further costs are anticipated in 2003. )Tj /F6 1 Tf 0 -2.6907 TD (Accounting Changes)Tj /F12 1 Tf 0 -2.5717 TD ( In 2002, Cliffs implemented the Financial Accounting Standard Board)Tj /F2 1 Tf 29.4393 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s SFAS No. 143, )Tj /F2 1 Tf 7.0004 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Accounting for Asset Retirement )Tj -37.2166 -1.1192 TD (Obligations)Tj /F2 1 Tf 4.6666 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( which addresses financial accounting and reporting obligations associated with the eventual closure of mining operations. )Tj -5.1105 -1.1191 TD (The cumulative effect of the accounting change on prior years results was recognized by a $13.4 million non-cash charge as of J)Tj 51.3163 0 TD (anuary 1, )Tj -51.3163 -1.1192 TD (2002. The 2002 non-cash expense related to the accounting change was $.5 million in the fourth quarter and $1.9 million for the)Tj 51.2654 0 TD ( full )Tj -51.2654 -1.1192 TD (year. )Tj 0 -2.524 TD ( In 2001, Cliffs changed its method of accounting for investment gains and losses on pension assets for the calculation of )Tj 49.6565 0 TD (pension )Tj -49.6565 -1.1192 TD (expense. The cumulative effect of the accounting change on prior years)Tj /F2 1 Tf 28.5724 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( results was recognized by a $9.3 million non-cash credit as of )Tj -28.9054 -1.1192 TD (January 1, 2001. )Tj /F6 1 Tf 0 -2.6907 TD (Minimum Pension Liability)Tj /F12 1 Tf 0 -2.5717 TD ( Due to the sharp decline in the market value of the Company)Tj /F2 1 Tf 25.6047 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s pension fund assets in 2002, and the decline of interest rates used in )Tj -25.9376 -1.1192 TD (discounting benefit liabilities, pension assets at the end of 2002 were substantially less than the accumulated benefit obligat)Tj 49.3795 0 TD (ion at year-)Tj -49.3795 -1.1192 TD (end. To recognize the additional minimum pension liability, the Company recorded a $109.7 million direct charge to shareholders)Tj /F2 1 Tf 51.9893 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( )Tj -52.3223 -1.1192 TD (equity. In an October 2002 news release, the charge was projected to be between $100 and $125 million. The charge to equity doe)Tj 52.0673 0 TD (s not )Tj -52.0673 -1.1192 TD (run through the statement of operations, and in concept, represents the current state of the pension plans as if they were froz)Tj 49.5125 0 TD (en in time. )Tj -49.5125 -1.1192 TD (Additionally, the charge does not affect pension funding requirements in the near term. )Tj /F6 1 Tf 0 -2.6907 TD (Liquidity and Capitalization)Tj /F12 1 Tf 0 -2.5717 TD ( At December 31, 2002, Cliffs had $61.8 million of cash and cash equivalents and $55 million of debt. As previously disclos)Tj 50.8524 0 TD (ed, the )Tj -50.8524 -1.1192 TD (Company and its lenders amended the senior note agreement in )Tj 27.5741 -2.6907 TD (4)Tj ET endstream endobj 13 0 obj << /Type /Page /Parent 32 0 R /Resources 14 0 R /Contents 15 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 14 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 51 0 R /F6 50 0 R /F12 31 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 15 0 obj << /Length 9405 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -599.52 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 (December 2002. As part of the amended agreement, Cliffs made a principal payment of $15 million on December 31, 2002 to reduce )Tj 53.5121 0 TD (the )Tj -53.5121 -1.1191 TD (amount outstanding to $55 million at year-end. The Company has agreed to additional scheduled payments, including a $20 million)Tj 52.7142 0 TD ( )Tj -52.7142 -1.1192 TD (payment in December 2003. With current cash, the Company expects to have adequate liquidity to meet its normal seasonal )Tj T* (requirements and debt repayment obligations in 2003. However, the Company is evaluating a $20 million revolving credit bank fac)Tj 52.5442 0 TD (ility )Tj -52.5442 -1.1192 TD (to address additional seasonal contingencies. Cliffs generated cash flow from operating activities of $40.9 million in 2002, wh)Tj 50.4894 0 TD (ich )Tj -50.4894 -1.1191 TD (allowed the Company to make significant investments and pay down debt. )Tj 0 -2.5241 TD ( Shareholders)Tj /F2 1 Tf 6.4704 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( equity declined to $79.3 million at December 31, 2002, primarily due to the $188.3 million net loss in 2002 and the )Tj -6.8034 -1.1192 TD ($109.7 million direct charge to equity for pensions. The $191.2 million increase in post-employment benefit liabilities in 2002)Tj 50.5484 0 TD ( )Tj -50.5484 -1.1191 TD (principally reflects the minimum pension liability and the impact of consolidating the Tilden and Empire mines becoming consoli)Tj 51.9093 0 TD (dated )Tj -51.9093 -1.1191 TD (subsidiaries of Cliffs. )Tj /F6 1 Tf 0 -2.6907 TD (Outlook)Tj /F12 1 Tf 0 -2.5717 TD ( Brinzo said, )Tj /F2 1 Tf 6.3324 0 TD ()Tj /F12 1 Tf 0.444 0 TD (We are starting 2003 with a much improved outlook and a full order book. While we still have significant challenges as )Tj -6.7764 -1.1192 TD (we work to increase profit margins and improve the competitive position of our mines, our business fundamentals are solid. Our )Tj 51.5443 0 TD (2003 )Tj -51.5443 -1.1192 TD (sales volume is projected to be a record 20 million tons, a 36 percent increase from 2002. Our sales commitments should allow u)Tj 51.5443 0 TD (s to )Tj -51.5443 -1.1191 TD (operate our mines at capacity levels.)Tj /F2 1 Tf 14.5507 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj -14.9946 -2.524 TD ( Following is a summary of expected production by mine for 2003: )Tj 12 0 0 12 151.89 712.17 Tm 0.75 Tc [( )-12100( )-280( )-480( )-540( )-20( )-280( )-480( )]TJ 7.439 0 0 7.439 151.89 702.0901 Tm 1.3631 Tc [( )-19518.7( )]TJ /F6 1 Tf 29.8748 0.0323 TD 0 Tc (\(Tons in Millions\))Tj /F12 1 Tf -29.8748 -1.1614 TD 1.3631 Tc [( )-19518.7( )]TJ ET 0.5 g 345.09 694.41 115.2 -0.48 re f BT 7.439 0 0 7.439 151.89 684.5701 Tm 0 g [( )-19518.7( )]TJ /F6 1 Tf 28.2617 0.0323 TD 0 Tc (Total)Tj /F12 1 Tf 4.6458 -0.0323 TD ( )Tj /F6 1 Tf 3.8069 0.0323 TD (Cliffs)Tj /F12 1 Tf -36.7144 -1.2582 TD 1.3631 Tc [( )-19518.7( )]TJ /F6 1 Tf 28.3262 0.0323 TD 0 Tc (Mine)Tj /F12 1 Tf 4.5812 -0.0323 TD ( )Tj /F6 1 Tf 3.8392 0.0323 TD (Share)Tj /F12 1 Tf -36.7467 -1.1614 TD 1.3631 Tc [( )-19518.7( )]TJ ET 0.5 g 345.09 667.77 51.36 -0.48 re f BT 7.439 0 0 7.439 396.69 667.05 Tm 0 g 0 Tc ( )Tj ET 0.5 g 408.93 667.77 51.36 -0.48 re f 0.934 g 151.89 665.37 180.96 -11.04 re f BT 10.079 0 0 10.079 151.89 656.2501 Tm 0 g (Empire)Tj ET 0.934 g 333.09 665.37 11.76 -11.04 re f BT 10.079 0 0 10.079 333.09 656.2501 Tm 0 g ( )Tj ET 0.934 g 345.09 665.37 15.12 -11.04 re f BT 10.079 0 0 10.079 345.09 656.2501 Tm 0 g ( )Tj ET 0.934 g 360.45 665.37 17.52 -11.04 re f BT 10.079 0 0 10.079 365.49 656.2501 Tm 0 g (6.2)Tj ET 0.934 g 378.21 665.37 18.24 -11.04 re f BT 10.079 0 0 10.079 378.21 656.2501 Tm 0 g ( )Tj ET 0.934 g 396.69 665.37 12 -11.04 re f BT 10.079 0 0 10.079 396.69 656.2501 Tm 0 g ( )Tj ET 0.934 g 408.93 665.37 15.12 -11.04 re f BT 10.079 0 0 10.079 408.93 656.2501 Tm 0 g ( )Tj ET 0.934 g 424.29 665.37 17.52 -11.04 re f BT 10.079 0 0 10.079 429.33 656.2501 Tm 0 g (4.9)Tj ET 0.934 g 442.05 665.37 18.24 -11.04 re f BT 10.079 0 0 10.079 442.05 656.2501 Tm 0 g ( )Tj -28.7885 -1.1192 TD 1.774 Tw [(Tilden)-15367.1( )833.4( 8.0)-12.1( )190.5( )809.6( 6.9)-12.1( )]TJ T* 17.7279 Tc 0 Tw [( )16787.3( )]TJ ET 0.5 g 360.45 637.53 17.52 -0.48 re f BT 10.079 0 0 10.079 378.21 633.6901 Tm 0 g 1.5835 Tc [( )619.1( )]TJ ET 0.5 g 424.29 637.53 17.52 -0.48 re f BT 10.079 0 0 10.079 442.05 633.6901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 151.89 631.53 11.76 -11.04 re f BT 10.079 0 0 10.079 151.89 622.41 Tm 0 g ( )Tj ET 0.934 g 163.89 631.53 168.96 -11.04 re f BT 10.079 0 0 10.079 163.89 622.41 Tm 0 g (Michigan Mines)Tj ET 0.934 g 333.09 631.53 11.76 -11.04 re f BT 10.079 0 0 10.079 333.09 622.41 Tm 0 g ( )Tj ET 0.934 g 345.09 631.53 15.12 -11.04 re f BT 10.079 0 0 10.079 345.09 622.41 Tm 0 g ( )Tj ET 0.934 g 360.45 631.53 17.52 -11.04 re f BT 10.079 0 0 10.079 360.45 622.41 Tm 0 g (14.2)Tj ET 0.934 g 378.21 631.53 18.24 -11.04 re f BT 10.079 0 0 10.079 378.21 622.41 Tm 0 g ( )Tj ET 0.934 g 396.69 631.53 12 -11.04 re f BT 10.079 0 0 10.079 396.69 622.41 Tm 0 g ( )Tj ET 0.934 g 408.93 631.53 15.12 -11.04 re f BT 10.079 0 0 10.079 408.93 622.41 Tm 0 g ( )Tj ET 0.934 g 424.29 631.53 17.52 -11.04 re f BT 10.079 0 0 10.079 424.29 622.41 Tm 0 g (11.8)Tj ET 0.934 g 442.05 631.53 18.24 -11.04 re f BT 10.079 0 0 10.079 442.05 622.41 Tm 0 g ( )Tj -28.7885 -1.1192 TD 1.774 Tw [(Hibbing)-14700.2( )833.4( 8.3)-12.1( )190.5( )809.6( 1.9)-12.1( )]TJ ET 0.934 g 151.89 608.97 180.96 -11.04 re f BT 10.079 0 0 10.079 151.89 599.85 Tm 0 g 0 Tw (Northshore)Tj ET 0.934 g 333.09 608.97 11.76 -11.04 re f BT 10.079 0 0 10.079 333.09 599.85 Tm 0 g ( )Tj ET 0.934 g 345.09 608.97 15.12 -11.04 re f BT 10.079 0 0 10.079 345.09 599.85 Tm 0 g ( )Tj ET 0.934 g 360.45 608.97 17.52 -11.04 re f BT 10.079 0 0 10.079 365.49 599.85 Tm 0 g (4.8)Tj ET 0.934 g 378.21 608.97 18.24 -11.04 re f BT 10.079 0 0 10.079 378.21 599.85 Tm 0 g ( )Tj ET 0.934 g 396.69 608.97 12 -11.04 re f BT 10.079 0 0 10.079 396.69 599.85 Tm 0 g ( )Tj ET 0.934 g 408.93 608.97 15.12 -11.04 re f BT 10.079 0 0 10.079 408.93 599.85 Tm 0 g ( )Tj ET 0.934 g 424.29 608.97 17.52 -11.04 re f BT 10.079 0 0 10.079 429.33 599.85 Tm 0 g (4.8)Tj ET 0.934 g 442.05 608.97 18.24 -11.04 re f BT 10.079 0 0 10.079 442.05 599.85 Tm 0 g ( )Tj -28.7885 -1.1192 TD 1.774 Tw [(Wabush)-14701.2( )833.4( 5.3)-12.1( )190.5( )809.6( 1.4)-12.1( )]TJ T* 17.7279 Tc 0 Tw [( )16787.3( )]TJ ET 0.5 g 360.45 581.13 17.52 -0.48 re f BT 10.079 0 0 10.079 378.21 577.29 Tm 0 g 1.5835 Tc [( )619.1( )]TJ ET 0.5 g 424.29 581.13 17.52 -0.48 re f BT 10.079 0 0 10.079 442.05 577.29 Tm 0 g 0 Tc ( )Tj ET 0.934 g 151.89 575.13 11.76 -11.04 re f BT 10.079 0 0 10.079 151.89 566.0101 Tm 0 g ( )Tj ET 0.934 g 163.89 575.13 11.76 -11.04 re f BT 10.079 0 0 10.079 163.89 566.0101 Tm 0 g ( )Tj ET 0.934 g 175.89 575.13 156.96 -11.04 re f BT 10.079 0 0 10.079 175.89 566.0101 Tm 0 g (Total)Tj ET 0.934 g 333.09 575.13 11.76 -11.04 re f BT 10.079 0 0 10.079 333.09 566.0101 Tm 0 g ( )Tj ET 0.934 g 345.09 575.13 15.12 -11.04 re f BT 10.079 0 0 10.079 345.09 566.0101 Tm 0 g ( )Tj ET 0.934 g 360.45 575.13 17.52 -11.04 re f BT 10.079 0 0 10.079 360.45 566.0101 Tm 0 g (32.6)Tj ET 0.934 g 378.21 575.13 18.24 -11.04 re f BT 10.079 0 0 10.079 378.21 566.0101 Tm 0 g ( )Tj ET 0.934 g 396.69 575.13 12 -11.04 re f BT 10.079 0 0 10.079 396.69 566.0101 Tm 0 g ( )Tj ET 0.934 g 408.93 575.13 15.12 -11.04 re f BT 10.079 0 0 10.079 408.93 566.0101 Tm 0 g ( )Tj ET 0.934 g 424.29 575.13 17.52 -11.04 re f BT 10.079 0 0 10.079 424.29 566.0101 Tm 0 g (19.9)Tj ET 0.934 g 442.05 575.13 18.24 -11.04 re f BT 10.079 0 0 10.079 442.05 566.0101 Tm 0 g ( )Tj -28.7885 -1.1192 TD 17.7279 Tc [( )16787.3( )]TJ ET 0.5 g 360.45 559.77 17.52 -2.88 re f BT 10.079 0 0 10.079 378.21 554.73 Tm 0 g 1.5835 Tc [( )619.1( )]TJ ET 0.5 g 424.29 559.77 17.52 -2.88 re f BT 10.079 0 0 10.079 442.05 554.73 Tm 0 g 0 Tc ( )Tj -41.3135 -2.524 TD ( Brinzo concluded, )Tj /F2 1 Tf 8.8312 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Cliffs is going through a dramatic transformation as the Company positions itself to serve a new North American )Tj -9.2752 -1.1192 TD (steel industry that is emerging from the ashes of a financial meltdown. Our success will be measured by earning a profit that r)Tj 50.2924 0 TD (ewards )Tj -50.2924 -1.1192 TD (shareholders, employees and the many others that have a stake in Cliffs)Tj /F2 1 Tf 28.6034 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( future. Every segment of our organization is being challenged to )Tj -28.9364 -1.1192 TD (achieve the goals and objectives that will lead to success.)Tj /F2 1 Tf 22.8829 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj 2.7232 -2.6907 TD (* * * * *)Tj -26.0501 -2.5717 TD ( պƬ is the largest supplier of iron ore pellets in North America. The Company operates five iron ore mines lo)Tj 49.9605 0 TD (cated in )Tj -49.9605 -1.1192 TD (Michigan, Minnesota and Eastern Canada. References in this news release to )Tj /F2 1 Tf 31.0182 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 ( and )Tj /F2 1 Tf 1.9438 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 ( include subsidiaries and affiliates )Tj -40.9043 -1.1192 TD (as appropriate in the context. )Tj 27.5741 -2.6907 TD (5)Tj ET endstream endobj 16 0 obj << /Type /Page /Parent 32 0 R /Resources 17 0 R /Contents 18 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 17 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 51 0 R /F12 31 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 18 0 obj << /Length 3382 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -300.48 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 ( This news release contains predictive statements that are intended to be made as )Tj /F2 1 Tf 33.546 0 TD ()Tj /F12 1 Tf 0.444 0 TD (forward-looking)Tj /F2 1 Tf 6.5534 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( within the safe harbor protections )Tj -40.9873 -1.1191 TD (of the Private Securities Litigation Reform Act of 1995. Although the Company believes that its forward-looking statements are )Tj 51.4623 0 TD (based on )Tj -51.4623 -1.1192 TD (reasonable assumptions, such statements are subject to risks and uncertainties. )Tj 0 -2.5241 TD ( Actual results may differ materially from such statements for a variety of factors; such as: the expectations for pellet s)Tj 48.4306 0 TD (ales and mine )Tj -48.4306 -1.1191 TD (operations and the projected liquidity requirements in 2003 may differ significantly from actual results because of changes in )Tj 50.3204 0 TD (demand for )Tj -50.3204 -1.1191 TD (iron ore pellets by North American integrated steel producers due to changes in steel utilization rates, operational factors, e)Tj 49.2075 0 TD (lectric furnace )Tj -49.2075 -1.1192 TD (production or imports of semi-finished steel or pig iron; changes in the financial condition of the Company)Tj /F2 1 Tf 42.7701 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s partners and/or customers; )Tj -43.1031 -1.1192 TD (rejection of major contracts and/or venture agreements by customers and/or participants under provisions of the U.S. Bankruptcy)Tj 51.5973 0 TD ( Code or )Tj -51.5973 -1.1191 TD (similar statutes in other countries; events or circumstances that could impair or adversely impact the viability of a mine or o)Tj 49.4895 0 TD (ther )Tj -49.4895 -1.1191 TD (operation and the carrying value of associated assets; and changes in domestic or international economic and political conditio)Tj 50.5704 0 TD (ns. )Tj -50.5704 -2.5241 TD ( Reference is made to the detailed explanation of the many factors and risks that may cause such predictive statements to t)Tj 49.8475 0 TD (urn out )Tj -49.8475 -1.1191 TD (differently, as set forth in the Company)Tj /F2 1 Tf 15.7466 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s Annual Report for 2001 and Reports on Form 10-K and 10-Q and previous news releases filed )Tj -16.0795 -1.1191 TD (with the Securities and Exchange Commission, which are available publicly on Cliffs)Tj /F2 1 Tf 34.2159 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( website. The information contained in this )Tj -34.5489 -1.1192 TD (document speaks as of the date of this news release and may be superceded by subsequent events. )Tj 0 -2.524 TD ( Cliffs will host a conference call on 2002 results tomorrow, January 30, at 10:00 a.m. EST. The call will be broadcast liv)Tj 49.5725 0 TD (e on Cliffs)Tj /F2 1 Tf 4.2216 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( )Tj -54.1271 -1.1191 TD (website at http://www.cleveland-cliffs.com. A replay of the call will be available on the website for 30 days. Cliffs will file)Tj 49.2935 0 TD ( its 2002 )Tj -49.2935 -1.1192 TD (annual 10-K Report with the Securities and Exchange Commission in early February. For a more complete discussion of operations )Tj 52.9332 0 TD (and )Tj -52.9332 -1.1192 TD (financial position, please refer to the 10-K Report. )Tj 27.5741 -2.6907 TD (6)Tj ET endstream endobj 19 0 obj << /Type /Page /Parent 32 0 R /Resources 20 0 R /Contents 21 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 20 0 obj << /ProcSet [ /PDF /Text ] /Font << /F6 50 0 R /F12 31 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 21 0 obj << /Length 39039 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -652.08 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 10.079 244.77 951.4501 Tm -0.0001 Tc 0.0001 Tw (CLEVELAND-CLIFFS INC)Tj -5.4767 -2.7384 TD (STATEMENT OF CONSOLIDATED OPERATIONS)Tj /F12 1 Tf 12 0 0 12 67.65 910.41 Tm 0.01 Tc 0 Tw [( )-3320( )-3320( )-3320( )-16760( )-160( )-1640( )-20( )-160( )-1640( )-20( )-160( )-1920( )-20( )-160( )-1640( )]TJ 7.439 0 0 7.439 67.65 900.3301 Tm 5.5249 Tc [( )5355.5( )-21680.3( )]TJ /F6 1 Tf 46.6189 0.0323 TD 0 Tc (Fourth Quarter)Tj /F12 1 Tf 7.8075 -0.0323 TD ( )Tj /F6 1 Tf 3.9683 0.0323 TD (Year)Tj /F12 1 Tf -58.3946 -1.1614 TD 5.5249 Tc [( )5355.5( )-21680.3( )]TJ ET 0.5 g 407.01 892.65 65.28 -0.48 re f BT 7.439 0 0 7.439 472.53 891.9301 Tm 0 g 0 Tc ( )Tj ET 0.5 g 475.65 892.65 68.64 -0.48 re f BT /F6 1 Tf 7.439 0 0 7.439 67.65 883.05 Tm 0 g (\(In Millions Except Per Share Amounts\))Tj /F12 1 Tf 17.3248 -0.0323 TD 0.1694 Tc [( )-27035.8( )]TJ /F6 1 Tf 29.3586 0.0323 TD 0 Tc (2002)Tj /F12 1 Tf 3.1294 -0.0323 TD ( )Tj /F6 1 Tf 1.4841 0.0323 TD (2001)Tj /F12 1 Tf 3.1294 -0.0323 TD ( )Tj /F6 1 Tf 1.7099 0.0323 TD (2002)Tj /F12 1 Tf 3.3553 -0.0323 TD ( )Tj /F6 1 Tf 1.4841 0.0323 TD (2001)Tj /F12 1 Tf -60.9756 -1.1614 TD 5.5249 Tc [( )5355.5( )-21680.3( )]TJ ET 0.5 g 407.01 875.13 30.96 -0.48 re f BT 7.439 0 0 7.439 438.21 874.41 Tm 0 g 0 Tc ( )Tj ET 0.5 g 441.33 875.13 30.96 -0.48 re f BT 7.439 0 0 7.439 472.53 874.41 Tm 0 g ( )Tj ET 0.5 g 475.65 875.13 34.32 -0.48 re f BT 7.439 0 0 7.439 510.21 874.41 Tm 0 g ( )Tj ET 0.5 g 513.33 875.13 30.96 -0.48 re f 0.934 g 67.65 872.73 336 -11.04 re f BT 10.079 0 0 10.079 67.65 863.61 Tm 0 g -0.0001 Tc (REVENUES)Tj ET 0.934 g 403.89 872.73 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 863.61 Tm 0 g 0 Tc ( )Tj ET 0.934 g 407.01 872.73 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 863.61 Tm 0 g ( )Tj ET 0.934 g 412.05 872.73 22.56 -11.04 re f BT 10.079 0 0 10.079 412.05 863.61 Tm 0 g ( )Tj ET 0.934 g 434.85 872.73 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 863.61 Tm 0 g ( )Tj ET 0.934 g 438.21 872.73 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 863.61 Tm 0 g ( )Tj ET 0.934 g 441.33 872.73 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 863.61 Tm 0 g ( )Tj ET 0.934 g 446.37 872.73 22.56 -11.04 re f BT 10.079 0 0 10.079 446.37 863.61 Tm 0 g ( )Tj ET 0.934 g 469.17 872.73 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 863.61 Tm 0 g ( )Tj ET 0.934 g 472.53 872.73 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 863.61 Tm 0 g ( )Tj ET 0.934 g 475.65 872.73 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 863.61 Tm 0 g ( )Tj ET 0.934 g 480.69 872.73 25.92 -11.04 re f BT 10.079 0 0 10.079 480.69 863.61 Tm 0 g ( )Tj ET 0.934 g 506.85 872.73 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 863.61 Tm 0 g ( )Tj ET 0.934 g 510.21 872.73 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 863.61 Tm 0 g ( )Tj ET 0.934 g 513.33 872.73 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 863.61 Tm 0 g ( )Tj ET 0.934 g 518.37 872.73 22.56 -11.04 re f BT 10.079 0 0 10.079 518.3699 863.61 Tm 0 g ( )Tj ET 0.934 g 541.17 872.73 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 863.61 Tm 0 g ( )Tj -46.9807 -1.1192 TD 0.0596 Tw [( )-3952.7(Product )59.6(sales )59.6(and )59.6(services)-18628.9( )-190.4( )-1952.5( )-23.8( )-190.4( )-1952.5( )-23.8( )-190.4( )-2285.9( )-23.8( )-190.4( )-1952.5( )]TJ ET 0.934 g 67.65 850.17 42.72 -11.04 re f BT 10.079 0 0 10.079 67.65 841.05 Tm 0 g 0 Tw ( )Tj ET 0.934 g 110.61 850.17 42.72 -11.04 re f BT 10.079 0 0 10.079 110.61 841.05 Tm 0 g ( )Tj ET 0.934 g 153.57 850.17 250.08 -11.04 re f BT 10.079 0 0 10.079 153.57 841.05 Tm 0 g (Iron ore products)Tj ET 0.934 g 403.89 850.17 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 841.05 Tm 0 g ( )Tj ET 0.934 g 407.01 850.17 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 841.05 Tm 0 g ($)Tj ET 0.934 g 412.05 850.17 22.56 -11.04 re f BT 10.079 0 0 10.079 412.05 841.05 Tm 0 g (156.2)Tj ET 0.934 g 434.85 850.17 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 841.05 Tm 0 g ( )Tj ET 0.934 g 438.21 850.17 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 841.05 Tm 0 g ( )Tj ET 0.934 g 441.33 850.17 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 841.05 Tm 0 g ($)Tj ET 0.934 g 446.37 850.17 22.56 -11.04 re f BT 10.079 0 0 10.079 451.41 841.05 Tm 0 g (98.0)Tj ET 0.934 g 469.17 850.17 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 841.05 Tm 0 g ( )Tj ET 0.934 g 472.53 850.17 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 841.05 Tm 0 g ( )Tj ET 0.934 g 475.65 850.17 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 841.05 Tm 0 g ($)Tj ET 0.934 g 480.69 850.17 25.92 -11.04 re f BT 10.079 0 0 10.079 484.05 841.05 Tm 0 g (510.8)Tj ET 0.934 g 506.85 850.17 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 841.05 Tm 0 g ( )Tj ET 0.934 g 510.21 850.17 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 841.05 Tm 0 g ( )Tj ET 0.934 g 513.33 850.17 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 841.05 Tm 0 g ($)Tj ET 0.934 g 518.37 850.17 22.56 -11.04 re f BT 10.079 0 0 10.079 518.3699 841.05 Tm 0 g (301.5)Tj ET 0.934 g 541.17 850.17 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 841.05 Tm 0 g ( )Tj -46.9807 -1.1192 TD 0.0596 Tw [( )-3952.7( )-3952.7(Freight )59.6(and )59.6(minority )59.6(interest)-13364.7( )-690.5(25.5)-12.2( )-23.8( )-1190.5(8.2)-12.1( )-23.8( )-1023.9(75.6)-12.2( )-23.8( )-690.5(17.8)-12.2( )]TJ T* 0 Tw ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 822.33 22.56 -0.48 re f BT 10.079 0 0 10.079 434.85 818.4901 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 822.33 22.56 -0.48 re f BT 10.079 0 0 10.079 469.17 818.4901 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 822.33 25.92 -0.48 re f BT 10.079 0 0 10.079 506.85 818.4901 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 822.33 22.56 -0.48 re f BT 10.079 0 0 10.079 541.1699 818.4901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 816.33 42.72 -11.04 re f BT 10.079 0 0 10.079 67.65 807.2101 Tm 0 g ( )Tj ET 0.934 g 110.61 816.33 42.72 -11.04 re f BT 10.079 0 0 10.079 110.61 807.2101 Tm 0 g ( )Tj ET 0.934 g 153.57 816.33 42.72 -11.04 re f BT 10.079 0 0 10.079 153.57 807.2101 Tm 0 g ( )Tj ET 0.934 g 196.53 816.33 207.12 -11.04 re f BT 10.079 0 0 10.079 196.53 807.2101 Tm 0 g (Total product sales and services)Tj ET 0.934 g 403.89 816.33 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 807.2101 Tm 0 g ( )Tj ET 0.934 g 407.01 816.33 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 807.2101 Tm 0 g ( )Tj ET 0.934 g 412.05 816.33 22.56 -11.04 re f BT 10.079 0 0 10.079 412.05 807.2101 Tm 0 g (181.7)Tj ET 0.934 g 434.85 816.33 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 807.2101 Tm 0 g ( )Tj ET 0.934 g 438.21 816.33 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 807.2101 Tm 0 g ( )Tj ET 0.934 g 441.33 816.33 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 807.2101 Tm 0 g ( )Tj ET 0.934 g 446.37 816.33 22.56 -11.04 re f BT 10.079 0 0 10.079 446.37 807.2101 Tm 0 g (106.2)Tj ET 0.934 g 469.17 816.33 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 807.2101 Tm 0 g ( )Tj ET 0.934 g 472.53 816.33 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 807.2101 Tm 0 g ( )Tj ET 0.934 g 475.65 816.33 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 807.2101 Tm 0 g ( )Tj ET 0.934 g 480.69 816.33 25.92 -11.04 re f BT 10.079 0 0 10.079 484.05 807.2101 Tm 0 g (586.4)Tj ET 0.934 g 506.85 816.33 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 807.2101 Tm 0 g ( )Tj ET 0.934 g 510.21 816.33 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 807.2101 Tm 0 g ( )Tj ET 0.934 g 513.33 816.33 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 807.2101 Tm 0 g ( )Tj ET 0.934 g 518.37 816.33 22.56 -11.04 re f BT 10.079 0 0 10.079 518.3699 807.2101 Tm 0 g (319.3)Tj ET 0.934 g 541.17 816.33 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 807.2101 Tm 0 g ( )Tj -46.9807 -1.1192 TD 0.0596 Tw [( )-3952.7(Royalties )59.6(and )59.6(management )59.6(fees)-16407.1( )-1190.5(4.2)-12.1( )-23.8( )-1190.5(7.3)-12.1( )-23.8( )-1023.9(12.2)-12.2( )-23.8( )-690.5(29.8)-12.2( )]TJ ET 0.934 g 67.65 793.77 42.72 -11.04 re f BT 10.079 0 0 10.079 67.65 784.65 Tm 0 g 0 Tw ( )Tj ET 0.934 g 110.61 793.77 293.04 -11.04 re f BT 10.079 0 0 10.079 110.61 784.65 Tm 0 g (Interest income)Tj ET 0.934 g 403.89 793.77 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 784.65 Tm 0 g ( )Tj ET 0.934 g 407.01 793.77 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 784.65 Tm 0 g ( )Tj ET 0.934 g 412.05 793.77 22.56 -11.04 re f BT 10.079 0 0 10.079 422.13 784.65 Tm 0 g (1.4)Tj ET 0.934 g 434.85 793.77 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 784.65 Tm 0 g ( )Tj ET 0.934 g 438.21 793.77 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 784.65 Tm 0 g ( )Tj ET 0.934 g 441.33 793.77 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 784.65 Tm 0 g ( )Tj ET 0.934 g 446.37 793.77 22.56 -11.04 re f BT 10.079 0 0 10.079 456.45 784.65 Tm 0 g (1.0)Tj ET 0.934 g 469.17 793.77 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 784.65 Tm 0 g ( )Tj ET 0.934 g 472.53 793.77 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 784.65 Tm 0 g ( )Tj ET 0.934 g 475.65 793.77 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 784.65 Tm 0 g ( )Tj ET 0.934 g 480.69 793.77 25.92 -11.04 re f BT 10.079 0 0 10.079 494.13 784.65 Tm 0 g (4.8)Tj ET 0.934 g 506.85 793.77 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 784.65 Tm 0 g ( )Tj ET 0.934 g 510.21 793.77 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 784.65 Tm 0 g ( )Tj ET 0.934 g 513.33 793.77 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 784.65 Tm 0 g ( )Tj ET 0.934 g 518.37 793.77 22.56 -11.04 re f BT 10.079 0 0 10.079 528.45 784.65 Tm 0 g (3.8)Tj ET 0.934 g 541.17 793.77 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 784.65 Tm 0 g ( )Tj -46.9807 -1.1192 TD 0.0596 Tw [( )-3952.7(Other )59.6(income)-23627.5( )-1190.5(2.0)-12.1( )-23.8( )-1190.5(1.8)-12.1( )-23.8( )-1023.9(13.7)-12.2( )-23.8( )-690.5(10.2)-12.2( )]TJ T* 0 Tw ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 765.93 22.56 -0.48 re f BT 10.079 0 0 10.079 434.85 762.09 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 765.93 22.56 -0.48 re f BT 10.079 0 0 10.079 469.17 762.09 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 765.93 25.92 -0.48 re f BT 10.079 0 0 10.079 506.85 762.09 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 765.93 22.56 -0.48 re f BT 10.079 0 0 10.079 541.1699 762.09 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 759.93 42.72 -11.04 re f BT 10.079 0 0 10.079 67.65 750.8101 Tm 0 g ( )Tj ET 0.934 g 110.61 759.93 42.72 -11.04 re f BT 10.079 0 0 10.079 110.61 750.8101 Tm 0 g ( )Tj ET 0.934 g 153.57 759.93 42.72 -11.04 re f BT 10.079 0 0 10.079 153.57 750.8101 Tm 0 g ( )Tj ET 0.934 g 196.53 759.93 2.88 -11.04 re f BT 10.079 0 0 10.079 196.53 750.8101 Tm 0 g ( )Tj ET 0.934 g 199.65 759.93 204 -11.04 re f BT 10.079 0 0 10.079 315.57 750.8101 Tm 0 g -0.0001 Tc 0.0001 Tw (TOTAL REVENUES)Tj ET 0.934 g 403.89 759.93 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 750.8101 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 407.01 759.93 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 750.8101 Tm 0 g ( )Tj ET 0.934 g 412.05 759.93 22.56 -11.04 re f BT 10.079 0 0 10.079 412.05 750.8101 Tm 0 g (189.3)Tj ET 0.934 g 434.85 759.93 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 750.8101 Tm 0 g ( )Tj ET 0.934 g 438.21 759.93 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 750.8101 Tm 0 g ( )Tj ET 0.934 g 441.33 759.93 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 750.8101 Tm 0 g ( )Tj ET 0.934 g 446.37 759.93 22.56 -11.04 re f BT 10.079 0 0 10.079 446.37 750.8101 Tm 0 g (116.3)Tj ET 0.934 g 469.17 759.93 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 750.8101 Tm 0 g ( )Tj ET 0.934 g 472.53 759.93 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 750.8101 Tm 0 g ( )Tj ET 0.934 g 475.65 759.93 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 750.8101 Tm 0 g ( )Tj ET 0.934 g 480.69 759.93 25.92 -11.04 re f BT 10.079 0 0 10.079 484.05 750.8101 Tm 0 g (617.1)Tj ET 0.934 g 506.85 759.93 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 750.8101 Tm 0 g ( )Tj ET 0.934 g 510.21 759.93 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 750.8101 Tm 0 g ( )Tj ET 0.934 g 513.33 759.93 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 750.8101 Tm 0 g ( )Tj ET 0.934 g 518.37 759.93 22.56 -11.04 re f BT 10.079 0 0 10.079 518.3699 750.8101 Tm 0 g (363.1)Tj ET 0.934 g 541.17 759.93 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 750.8101 Tm 0 g ( )Tj -46.9807 -1.1192 TD -0.0001 Tc 0.0597 Tw [(COSTS )59.6(AND )59.6(EXPENSES)-22638.3( )-190.4( )-1952.5( )-23.8( )-190.4( )-1952.5( )-23.8( )-190.4( )-2285.9( )-23.8( )-190.4( )-1952.5( )]TJ ET 0.934 g 67.65 737.37 42.72 -11.04 re f BT 10.079 0 0 10.079 67.65 728.2501 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 110.61 737.37 293.04 -11.04 re f BT 10.079 0 0 10.079 110.61 728.2501 Tm 0 g (Cost of goods sold and operating expenses)Tj ET 0.934 g 403.89 737.37 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 728.2501 Tm 0 g ( )Tj ET 0.934 g 407.01 737.37 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 728.2501 Tm 0 g ( )Tj ET 0.934 g 412.05 737.37 22.56 -11.04 re f BT 10.079 0 0 10.079 412.05 728.2501 Tm 0 g (169.0)Tj ET 0.934 g 434.85 737.37 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 728.2501 Tm 0 g ( )Tj ET 0.934 g 438.21 737.37 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 728.2501 Tm 0 g ( )Tj ET 0.934 g 441.33 737.37 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 728.2501 Tm 0 g ( )Tj ET 0.934 g 446.37 737.37 22.56 -11.04 re f BT 10.079 0 0 10.079 446.37 728.2501 Tm 0 g (110.6)Tj ET 0.934 g 469.17 737.37 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 728.2501 Tm 0 g ( )Tj ET 0.934 g 472.53 737.37 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 728.2501 Tm 0 g ( )Tj ET 0.934 g 475.65 737.37 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 728.2501 Tm 0 g ( )Tj ET 0.934 g 480.69 737.37 25.92 -11.04 re f BT 10.079 0 0 10.079 484.05 728.2501 Tm 0 g (582.7)Tj ET 0.934 g 506.85 737.37 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 728.2501 Tm 0 g ( )Tj ET 0.934 g 510.21 737.37 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 728.2501 Tm 0 g ( )Tj ET 0.934 g 513.33 737.37 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 728.2501 Tm 0 g ( )Tj ET 0.934 g 518.37 737.37 22.56 -11.04 re f BT 10.079 0 0 10.079 518.3699 728.2501 Tm 0 g (358.7)Tj ET 0.934 g 541.17 737.37 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 728.2501 Tm 0 g ( )Tj -46.9807 -1.1191 TD [( )-4012.3(Administrative, selling and general expenses)-11185.6( )-59.6( )-1250.1(7.8)-12.1( )-83.4( )-59.6( )-1250.1(3.3)-12.1( )-83.4( )-59.6( )-1083.5(23.8)-12.2( )-83.4( )-59.6( )-750.1(15.2)-12.2( )]TJ ET 0.934 g 67.65 714.81 42.72 -11.04 re f BT 10.079 0 0 10.079 67.65 705.6901 Tm 0 g ( )Tj ET 0.934 g 110.61 714.81 293.04 -11.04 re f BT 10.079 0 0 10.079 110.61 705.6901 Tm 0 g (Interest expense)Tj ET 0.934 g 403.89 714.81 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 705.6901 Tm 0 g ( )Tj ET 0.934 g 407.01 714.81 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 705.6901 Tm 0 g ( )Tj ET 0.934 g 412.05 714.81 22.56 -11.04 re f BT 10.079 0 0 10.079 422.13 705.6901 Tm 0 g (1.2)Tj ET 0.934 g 434.85 714.81 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 705.6901 Tm 0 g ( )Tj ET 0.934 g 438.21 714.81 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 705.6901 Tm 0 g ( )Tj ET 0.934 g 441.33 714.81 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 705.6901 Tm 0 g ( )Tj ET 0.934 g 446.37 714.81 22.56 -11.04 re f BT 10.079 0 0 10.079 456.45 705.6901 Tm 0 g (1.6)Tj ET 0.934 g 469.17 714.81 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 705.6901 Tm 0 g ( )Tj ET 0.934 g 472.53 714.81 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 705.6901 Tm 0 g ( )Tj ET 0.934 g 475.65 714.81 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 705.6901 Tm 0 g ( )Tj ET 0.934 g 480.69 714.81 25.92 -11.04 re f BT 10.079 0 0 10.079 494.13 705.6901 Tm 0 g (6.6)Tj ET 0.934 g 506.85 714.81 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 705.6901 Tm 0 g ( )Tj ET 0.934 g 510.21 714.81 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 705.6901 Tm 0 g ( )Tj ET 0.934 g 513.33 714.81 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 705.6901 Tm 0 g ( )Tj ET 0.934 g 518.37 714.81 22.56 -11.04 re f BT 10.079 0 0 10.079 528.45 705.6901 Tm 0 g (8.8)Tj ET 0.934 g 541.17 714.81 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 705.6901 Tm 0 g ( )Tj -46.9807 -1.1192 TD 0.0596 Tw [( )-3952.7(Other )59.6(expenses)-22961.5( )-1190.5(4.1)-12.1( )-23.8( )-1190.5(4.3)-12.1( )-23.8( )-1523.9(8.6)-12.1( )-23.8( )-1190.5(9.1)-12.1( )]TJ T* 0 Tw ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 686.97 22.56 -0.48 re f BT 10.079 0 0 10.079 434.85 683.1301 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 686.97 22.56 -0.48 re f BT 10.079 0 0 10.079 469.17 683.1301 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 686.97 25.92 -0.48 re f BT 10.079 0 0 10.079 506.85 683.1301 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 686.97 22.56 -0.48 re f BT 10.079 0 0 10.079 541.1699 683.1301 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 680.97 42.72 -11.04 re f BT 10.079 0 0 10.079 67.65 671.8501 Tm 0 g ( )Tj ET 0.934 g 110.61 680.97 42.72 -11.04 re f BT 10.079 0 0 10.079 110.61 671.8501 Tm 0 g ( )Tj ET 0.934 g 153.57 680.97 42.72 -11.04 re f BT 10.079 0 0 10.079 153.57 671.8501 Tm 0 g ( )Tj ET 0.934 g 196.53 680.97 2.88 -11.04 re f BT 10.079 0 0 10.079 196.53 671.8501 Tm 0 g ( )Tj ET 0.934 g 199.65 680.97 204 -11.04 re f BT 10.079 0 0 10.079 260.37 671.8501 Tm 0 g -0.0001 Tc 0.0001 Tw (TOTAL COSTS AND EXPENSES)Tj ET 0.934 g 403.89 680.97 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 671.8501 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 407.01 680.97 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 671.8501 Tm 0 g ( )Tj ET 0.934 g 412.05 680.97 22.56 -11.04 re f BT 10.079 0 0 10.079 412.05 671.8501 Tm 0 g (182.1)Tj ET 0.934 g 434.85 680.97 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 671.8501 Tm 0 g ( )Tj ET 0.934 g 438.21 680.97 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 671.8501 Tm 0 g ( )Tj ET 0.934 g 441.33 680.97 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 671.8501 Tm 0 g ( )Tj ET 0.934 g 446.37 680.97 22.56 -11.04 re f BT 10.079 0 0 10.079 446.37 671.8501 Tm 0 g (119.8)Tj ET 0.934 g 469.17 680.97 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 671.8501 Tm 0 g ( )Tj ET 0.934 g 472.53 680.97 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 671.8501 Tm 0 g ( )Tj ET 0.934 g 475.65 680.97 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 671.8501 Tm 0 g ( )Tj ET 0.934 g 480.69 680.97 25.92 -11.04 re f BT 10.079 0 0 10.079 484.05 671.8501 Tm 0 g (621.7)Tj ET 0.934 g 506.85 680.97 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 671.8501 Tm 0 g ( )Tj ET 0.934 g 510.21 680.97 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 671.8501 Tm 0 g ( )Tj ET 0.934 g 513.33 680.97 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 671.8501 Tm 0 g ( )Tj ET 0.934 g 518.37 680.97 22.56 -11.04 re f BT 10.079 0 0 10.079 518.3699 671.8501 Tm 0 g (391.8)Tj ET 0.934 g 541.17 680.97 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 671.8501 Tm 0 g ( )Tj -46.9807 -1.1192 TD ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 664.41 22.56 -0.48 re f BT 10.079 0 0 10.079 434.85 660.5701 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 664.41 22.56 -0.48 re f BT 10.079 0 0 10.079 469.17 660.5701 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 664.41 25.92 -0.48 re f BT 10.079 0 0 10.079 506.85 660.5701 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 664.41 22.56 -0.48 re f BT 10.079 0 0 10.079 541.1699 660.5701 Tm 0 g 0 Tc ( )Tj -46.9807 -1.1192 TD -0.0001 Tc 0.0001 Tw (INCOME \(LOSS\) FROM CONTINUING OPERATIONS BEFORE )Tj 0.7382 -1.1192 TD 0 Tc 0 Tw [(IMPAIRMENT CHARGE AND INCOME TAXES)-11848( )-59.6( )-1250.1(7.2)-12.1( )-83.4( )-297.7( )-678.7(\(3.5)-12.5(\) )-297.7( )-1012(\(4.6)-12.5(\) )-297.7( )-178.6(\(28.7)-12.6(\))]TJ ET 0.934 g 67.65 635.85 336 -11.04 re f BT 10.079 0 0 10.079 67.65 626.73 Tm 0 g -0.0001 Tc 0.0001 Tw (IMPAIRMENT OF MINING ASSETS)Tj ET 0.934 g 403.89 635.85 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 626.73 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 407.01 635.85 4.8 -11.04 re f BT 10.079 0 0 10.079 409.41 626.73 Tm 0 g ( )Tj ET 0.934 g 412.05 635.85 22.56 -11.04 re f BT 10.079 0 0 10.079 413.73 626.73 Tm 0 g (\(52.7)Tj ET 0.934 g 434.85 635.85 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 626.73 Tm 0 g (\))Tj ET 0.934 g 438.21 635.85 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 626.73 Tm 0 g ( )Tj ET 0.934 g 441.33 635.85 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 626.73 Tm 0 g ( )Tj ET 0.934 g 446.37 635.85 22.56 -11.04 re f BT 10.079 0 0 10.079 446.37 626.73 Tm 0 g ( )Tj ET 0.934 g 469.17 635.85 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 626.73 Tm 0 g ( )Tj ET 0.934 g 472.53 635.85 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 626.73 Tm 0 g ( )Tj ET 0.934 g 475.65 635.85 4.8 -11.04 re f BT 10.079 0 0 10.079 478.05 626.73 Tm 0 g ( )Tj ET 0.934 g 480.69 635.85 25.92 -11.04 re f BT 10.079 0 0 10.079 485.73 626.73 Tm 0 g (\(52.7)Tj ET 0.934 g 506.85 635.85 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 626.73 Tm 0 g (\))Tj ET 0.934 g 510.21 635.85 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 626.73 Tm 0 g ( )Tj ET 0.934 g 513.33 635.85 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 626.73 Tm 0 g ( )Tj ET 0.934 g 518.37 635.85 22.56 -11.04 re f BT 10.079 0 0 10.079 518.3699 626.73 Tm 0 g ( )Tj ET 0.934 g 541.17 635.85 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 626.73 Tm 0 g ( )Tj -46.9807 -1.1192 TD ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 619.29 22.56 -0.48 re f BT 10.079 0 0 10.079 434.85 615.4501 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 619.29 22.56 -0.48 re f BT 10.079 0 0 10.079 469.17 615.4501 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 619.29 25.92 -0.48 re f BT 10.079 0 0 10.079 506.85 615.4501 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 619.29 22.56 -0.48 re f BT 10.079 0 0 10.079 541.1699 615.4501 Tm 0 g 0 Tc ( )Tj -46.9807 -1.1192 TD [(LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES)-3086( )-297.7( )-178.6(\(45.5)-12.6(\) )-297.7( )-678.7(\(3.5)-12.5(\) )-297.7( )-512(\(57.3)-12.6(\) )-297.7( )-178.6(\(28.7)-12.6(\))]TJ ET 0.934 g 67.65 602.01 336 -11.04 re f BT 10.079 0 0 10.079 67.65 592.8901 Tm 0 g -0.0001 Tc 0.0001 Tw (INCOME TAXES \(CREDIT\))Tj ET 0.934 g 403.89 602.01 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 592.8901 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 407.01 602.01 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 592.8901 Tm 0 g ( )Tj ET 0.934 g 412.05 602.01 22.56 -11.04 re f BT 10.079 0 0 10.079 417.09 592.8901 Tm 0 g (20.1)Tj ET 0.934 g 434.85 602.01 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 592.8901 Tm 0 g ( )Tj ET 0.934 g 438.21 602.01 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 592.8901 Tm 0 g ( )Tj ET 0.934 g 441.33 602.01 4.8 -11.04 re f BT 10.079 0 0 10.079 443.73 592.8901 Tm 0 g ( )Tj ET 0.934 g 446.37 602.01 22.56 -11.04 re f BT 10.079 0 0 10.079 453.09 592.8901 Tm 0 g (\(1.0)Tj ET 0.934 g 469.17 602.01 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 592.8901 Tm 0 g (\))Tj ET 0.934 g 472.53 602.01 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 592.8901 Tm 0 g ( )Tj ET 0.934 g 475.65 602.01 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 592.8901 Tm 0 g ( )Tj ET 0.934 g 480.69 602.01 25.92 -11.04 re f BT 10.079 0 0 10.079 494.13 592.8901 Tm 0 g (9.1)Tj ET 0.934 g 506.85 602.01 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 592.8901 Tm 0 g ( )Tj ET 0.934 g 510.21 602.01 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 592.8901 Tm 0 g ( )Tj ET 0.934 g 513.33 602.01 4.8 -11.04 re f BT 10.079 0 0 10.079 515.73 592.8901 Tm 0 g ( )Tj ET 0.934 g 518.37 602.01 22.56 -11.04 re f BT 10.079 0 0 10.079 525.09 592.8901 Tm 0 g (\(9.2)Tj ET 0.934 g 541.17 602.01 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 592.8901 Tm 0 g (\))Tj -46.9807 -1.1192 TD ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 585.45 22.56 -0.48 re f BT 10.079 0 0 10.079 434.85 581.61 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 585.45 22.56 -0.48 re f BT 10.079 0 0 10.079 469.17 581.61 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 585.45 25.92 -0.48 re f BT 10.079 0 0 10.079 506.85 581.61 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 585.45 22.56 -0.48 re f BT 10.079 0 0 10.079 541.1699 581.61 Tm 0 g 0 Tc ( )Tj -46.9807 -1.1192 TD 0.2977 Tw [(LOSS )297.7(FROM )297.7(CONTINUING )297.7(OPERATIONS)-14835( )119.1(\(65.6)-12.6(\) )-381(\(2.5)-12.5(\) )-214.3(\(66.4)-12.6(\) )119.1(\(19.5)-12.6(\))]TJ ET 0.934 g 67.65 568.17 336 -11.04 re f BT 10.079 0 0 10.079 67.65 559.05 Tm 0 g -0.0001 Tc 0.0001 Tw (LOSS FROM DISCONTINUED OPERATION)Tj ET 0.934 g 403.89 568.17 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 559.05 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 407.01 568.17 4.8 -11.04 re f BT 10.079 0 0 10.079 409.41 559.05 Tm 0 g ( )Tj ET 0.934 g 412.05 568.17 22.56 -11.04 re f BT 10.079 0 0 10.079 418.77 559.05 Tm 0 g (\(5.2)Tj ET 0.934 g 434.85 568.17 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 559.05 Tm 0 g (\))Tj ET 0.934 g 438.21 568.17 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 559.05 Tm 0 g ( )Tj ET 0.934 g 441.33 568.17 4.8 -11.04 re f BT 10.079 0 0 10.079 443.73 559.05 Tm 0 g ( )Tj ET 0.934 g 446.37 568.17 22.56 -11.04 re f BT 10.079 0 0 10.079 453.09 559.05 Tm 0 g (\(3.3)Tj ET 0.934 g 469.17 568.17 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 559.05 Tm 0 g (\))Tj ET 0.934 g 472.53 568.17 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 559.05 Tm 0 g ( )Tj ET 0.934 g 475.65 568.17 4.8 -11.04 re f BT 10.079 0 0 10.079 478.05 559.05 Tm 0 g ( )Tj ET 0.934 g 480.69 568.17 25.92 -11.04 re f BT 10.079 0 0 10.079 480.69 559.05 Tm 0 g (\(108.5)Tj ET 0.934 g 506.85 568.17 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 559.05 Tm 0 g (\))Tj ET 0.934 g 510.21 568.17 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 559.05 Tm 0 g ( )Tj ET 0.934 g 513.33 568.17 4.8 -11.04 re f BT 10.079 0 0 10.079 515.73 559.05 Tm 0 g ( )Tj ET 0.934 g 518.37 568.17 22.56 -11.04 re f BT 10.079 0 0 10.079 520.0499 559.05 Tm 0 g (\(12.7)Tj ET 0.934 g 541.17 568.17 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 559.05 Tm 0 g (\))Tj -46.9807 -1.1192 TD ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 551.61 22.56 -0.48 re f BT 10.079 0 0 10.079 434.85 547.7701 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 551.61 22.56 -0.48 re f BT 10.079 0 0 10.079 469.17 547.7701 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 551.61 25.92 -0.48 re f BT 10.079 0 0 10.079 506.85 547.7701 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 551.61 22.56 -0.48 re f BT 10.079 0 0 10.079 541.1699 547.7701 Tm 0 g 0 Tc ( )Tj -46.9807 -1.1192 TD [(LOSS BEFORE CUMULATIVE EFFECT OF ACCOUNTING CHANGE)-3308( )-297.7( )-178.6(\(70.8)-12.6(\) )-297.7( )-678.7(\(5.8)-12.5(\) )-297.7( )-11.9(\(174.9)-12.7(\) )-297.7( )-178.6(\(32.2)-12.6(\))]TJ ET 0.934 g 67.65 534.33 336 -11.04 re f BT 10.079 0 0 10.079 67.65 525.2101 Tm 0 g -0.0001 Tc 0.0001 Tw (CUMULATIVE EFFECT OF ACCOUNTING CHANGE)Tj ET 0.934 g 403.89 534.33 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 525.2101 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 407.01 534.33 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 525.2101 Tm 0 g ( )Tj ET 0.934 g 412.05 534.33 22.56 -11.04 re f BT 10.079 0 0 10.079 412.05 525.2101 Tm 0 g ( )Tj ET 0.934 g 434.85 534.33 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 525.2101 Tm 0 g ( )Tj ET 0.934 g 438.21 534.33 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 525.2101 Tm 0 g ( )Tj ET 0.934 g 441.33 534.33 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 525.2101 Tm 0 g ( )Tj ET 0.934 g 446.37 534.33 22.56 -11.04 re f BT 10.079 0 0 10.079 446.37 525.2101 Tm 0 g ( )Tj ET 0.934 g 469.17 534.33 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 525.2101 Tm 0 g ( )Tj ET 0.934 g 472.53 534.33 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 525.2101 Tm 0 g ( )Tj ET 0.934 g 475.65 534.33 4.8 -11.04 re f BT 10.079 0 0 10.079 478.05 525.2101 Tm 0 g ( )Tj ET 0.934 g 480.69 534.33 25.92 -11.04 re f BT 10.079 0 0 10.079 485.73 525.2101 Tm 0 g (\(13.4)Tj ET 0.934 g 506.85 534.33 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 525.2101 Tm 0 g (\))Tj ET 0.934 g 510.21 534.33 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 525.2101 Tm 0 g ( )Tj ET 0.934 g 513.33 534.33 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 525.2101 Tm 0 g ( )Tj ET 0.934 g 518.37 534.33 22.56 -11.04 re f BT 10.079 0 0 10.079 528.45 525.2101 Tm 0 g (9.3)Tj ET 0.934 g 541.17 534.33 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 525.2101 Tm 0 g ( )Tj -46.9807 -1.1192 TD ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 517.77 22.56 -0.48 re f BT 10.079 0 0 10.079 434.85 513.9301 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 517.77 22.56 -0.48 re f BT 10.079 0 0 10.079 469.17 513.9301 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 517.77 25.92 -0.48 re f BT 10.079 0 0 10.079 506.85 513.9301 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 517.77 22.56 -0.48 re f BT 10.079 0 0 10.079 541.1699 513.9301 Tm 0 g 0 Tc ( )Tj -46.9807 -1.1192 TD 0.0001 Tc 0.0595 Tw [(NET )59.6(LOSS)-28721.6( $)-166.6(\(70.8)-12.5(\) $)-666.7(\(5.8)-12.4(\) $\(188.3)-12.6(\) $)-166.6(\(22.9)-12.5(\))]TJ T* 0 Tc 0 Tw ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 496.41 22.56 -2.88 re f BT 10.079 0 0 10.079 434.85 491.3701 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 496.41 22.56 -2.88 re f BT 10.079 0 0 10.079 469.17 491.3701 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 496.41 25.92 -2.88 re f BT 10.079 0 0 10.079 506.85 491.3701 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 496.41 22.56 -2.88 re f BT 10.079 0 0 10.079 541.1699 491.3701 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 489.21 336 -11.04 re f BT 10.079 0 0 10.079 67.65 480.0901 Tm 0 g -0.0001 Tc 0.0001 Tw (NET LOSS PER COMMON SHARE)Tj ET 0.934 g 403.89 489.21 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 480.0901 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 407.01 489.21 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 480.0901 Tm 0 g ( )Tj ET 0.934 g 412.05 489.21 22.56 -11.04 re f BT 10.079 0 0 10.079 412.05 480.0901 Tm 0 g ( )Tj ET 0.934 g 434.85 489.21 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 480.0901 Tm 0 g ( )Tj ET 0.934 g 438.21 489.21 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 480.0901 Tm 0 g ( )Tj ET 0.934 g 441.33 489.21 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 480.0901 Tm 0 g ( )Tj ET 0.934 g 446.37 489.21 22.56 -11.04 re f BT 10.079 0 0 10.079 446.37 480.0901 Tm 0 g ( )Tj ET 0.934 g 469.17 489.21 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 480.0901 Tm 0 g ( )Tj ET 0.934 g 472.53 489.21 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 480.0901 Tm 0 g ( )Tj ET 0.934 g 475.65 489.21 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 480.0901 Tm 0 g ( )Tj ET 0.934 g 480.69 489.21 25.92 -11.04 re f BT 10.079 0 0 10.079 480.69 480.0901 Tm 0 g ( )Tj ET 0.934 g 506.85 489.21 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 480.0901 Tm 0 g ( )Tj ET 0.934 g 510.21 489.21 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 480.0901 Tm 0 g ( )Tj ET 0.934 g 513.33 489.21 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 480.0901 Tm 0 g ( )Tj ET 0.934 g 518.37 489.21 22.56 -11.04 re f BT 10.079 0 0 10.079 518.3699 480.0901 Tm 0 g ( )Tj ET 0.934 g 541.17 489.21 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 480.0901 Tm 0 g ( )Tj -45.7901 -1.1192 TD 0.2977 Tw [(Basic )297.7(and )297.7(Diluted)-168.6( )-3714.6( )238.1( )-19716.1( )-1714.4( )285.8( )214.3( )-1714.4( )285.8( )214.3( )-2047.8( )285.8( )214.3( )-1714.4( )285.8( )]TJ ET 0.934 g 67.65 466.65 42.72 -11.04 re f BT 10.079 0 0 10.079 67.65 457.5301 Tm 0 g 0 Tw ( )Tj ET 0.934 g 110.61 466.65 293.04 -11.04 re f BT 10.079 0 0 10.079 110.61 457.5301 Tm 0 g (Continuing operations)Tj ET 0.934 g 403.89 466.65 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 457.5301 Tm 0 g ( )Tj ET 0.934 g 407.01 466.65 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 457.5301 Tm 0 g ($)Tj ET 0.934 g 412.05 466.65 22.56 -11.04 re f BT 10.079 0 0 10.079 413.73 457.5301 Tm 0 g (\(6.49)Tj ET 0.934 g 434.85 466.65 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 457.5301 Tm 0 g (\))Tj ET 0.934 g 438.21 466.65 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 457.5301 Tm 0 g ( )Tj ET 0.934 g 441.33 466.65 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 457.5301 Tm 0 g ($)Tj ET 0.934 g 446.37 466.65 22.56 -11.04 re f BT 10.079 0 0 10.079 453.09 457.5301 Tm 0 g (\(.26)Tj ET 0.934 g 469.17 466.65 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 457.5301 Tm 0 g (\))Tj ET 0.934 g 472.53 466.65 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 457.5301 Tm 0 g ( )Tj ET 0.934 g 475.65 466.65 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 457.5301 Tm 0 g ($)Tj ET 0.934 g 480.69 466.65 25.92 -11.04 re f BT 10.079 0 0 10.079 485.73 457.5301 Tm 0 g (\(6.58)Tj ET 0.934 g 506.85 466.65 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 457.5301 Tm 0 g (\))Tj ET 0.934 g 510.21 466.65 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 457.5301 Tm 0 g ( )Tj ET 0.934 g 513.33 466.65 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 457.5301 Tm 0 g ($)Tj ET 0.934 g 518.37 466.65 22.56 -11.04 re f BT 10.079 0 0 10.079 520.0499 457.5301 Tm 0 g (\(1.93)Tj ET 0.934 g 541.17 466.65 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 457.5301 Tm 0 g (\))Tj -46.9807 -1.1192 TD 0.2977 Tw [( )-3714.6(Discontinued )297.7(operation)-19738.8( )-381(\(.52)-12.5(\) )-381(\(.32)-12.5(\) )285.8(\(10.72)-12.7(\) )119.1(\(1.26)-12.6(\))]TJ ET 0.934 g 67.65 444.09 42.72 -11.04 re f BT 10.079 0 0 10.079 67.65 434.9701 Tm 0 g 0 Tw ( )Tj ET 0.934 g 110.61 444.09 293.04 -11.04 re f BT 10.079 0 0 10.079 110.61 434.9701 Tm 0 g (Cumulative effect of accounting change)Tj ET 0.934 g 403.89 444.09 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 434.9701 Tm 0 g ( )Tj ET 0.934 g 407.01 444.09 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 434.9701 Tm 0 g ( )Tj ET 0.934 g 412.05 444.09 22.56 -11.04 re f BT 10.079 0 0 10.079 412.05 434.9701 Tm 0 g ( )Tj ET 0.934 g 434.85 444.09 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 434.9701 Tm 0 g ( )Tj ET 0.934 g 438.21 444.09 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 434.9701 Tm 0 g ( )Tj ET 0.934 g 441.33 444.09 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 434.9701 Tm 0 g ( )Tj ET 0.934 g 446.37 444.09 22.56 -11.04 re f BT 10.079 0 0 10.079 446.37 434.9701 Tm 0 g ( )Tj ET 0.934 g 469.17 444.09 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 434.9701 Tm 0 g ( )Tj ET 0.934 g 472.53 444.09 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 434.9701 Tm 0 g ( )Tj ET 0.934 g 475.65 444.09 4.8 -11.04 re f BT 10.079 0 0 10.079 478.05 434.9701 Tm 0 g ( )Tj ET 0.934 g 480.69 444.09 25.92 -11.04 re f BT 10.079 0 0 10.079 485.73 434.9701 Tm 0 g (\(1.32)Tj ET 0.934 g 506.85 444.09 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 434.9701 Tm 0 g (\))Tj ET 0.934 g 510.21 444.09 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 434.9701 Tm 0 g ( )Tj ET 0.934 g 513.33 444.09 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 434.9701 Tm 0 g ( )Tj ET 0.934 g 518.37 444.09 22.56 -11.04 re f BT 10.079 0 0 10.079 528.45 434.9701 Tm 0 g (.92)Tj ET 0.934 g 541.17 444.09 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 434.9701 Tm 0 g ( )Tj -46.9807 -1.1192 TD ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 427.53 22.56 -0.48 re f BT 10.079 0 0 10.079 434.85 423.6901 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 427.53 22.56 -0.48 re f BT 10.079 0 0 10.079 469.17 423.6901 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 427.53 25.92 -0.48 re f BT 10.079 0 0 10.079 506.85 423.6901 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 427.53 22.56 -0.48 re f BT 10.079 0 0 10.079 541.1699 423.6901 Tm 0 g 0 Tc ( )Tj -46.9807 -1.1192 TD 0.0001 Tc 0.0595 Tw [( )-3952.7( )-3952.7( )-3952.7( Net )59.6(loss)-17014( $)-166.6(\(7.01)-12.5(\) $)-166.6(\(0.58)-12.5(\) $\(18.62)-12.6(\) $)-166.6(\(2.27)-12.5(\))]TJ T* 0 Tc 0 Tw ( )Tj 33.3603 0 TD 0.0596 Tc ( )Tj ET 0.5 g 412.05 406.17 22.56 -2.88 re f BT 10.079 0 0 10.079 434.85 401.1301 Tm 0 g 0.0834 Tc [( )23.8( )]TJ ET 0.5 g 446.37 406.17 22.56 -2.88 re f BT 10.079 0 0 10.079 469.17 401.1301 Tm 0 g [( )23.8( )]TJ ET 0.5 g 480.69 406.17 25.92 -2.88 re f BT 10.079 0 0 10.079 506.85 401.1301 Tm 0 g [( )23.8( )]TJ ET 0.5 g 518.37 406.17 22.56 -2.88 re f BT 10.079 0 0 10.079 541.1699 401.1301 Tm 0 g 0 Tc ( )Tj ET 0.934 g 67.65 398.97 336 -11.04 re f BT 10.079 0 0 10.079 67.65 389.8501 Tm 0 g -0.0001 Tc 0.0001 Tw (AVERAGE NUMBER OF SHARES)Tj ET 0.934 g 403.89 398.97 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 389.8501 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 407.01 398.97 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 389.8501 Tm 0 g ( )Tj ET 0.934 g 412.05 398.97 22.56 -11.04 re f BT 10.079 0 0 10.079 432.21 389.8501 Tm 0 g ( )Tj ET 0.934 g 434.85 398.97 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 389.8501 Tm 0 g ( )Tj ET 0.934 g 438.21 398.97 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 389.8501 Tm 0 g ( )Tj ET 0.934 g 441.33 398.97 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 389.8501 Tm 0 g ( )Tj ET 0.934 g 446.37 398.97 22.56 -11.04 re f BT 10.079 0 0 10.079 466.53 389.8501 Tm 0 g ( )Tj ET 0.934 g 469.17 398.97 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 389.8501 Tm 0 g ( )Tj ET 0.934 g 472.53 398.97 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 389.8501 Tm 0 g ( )Tj ET 0.934 g 475.65 398.97 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 389.8501 Tm 0 g ( )Tj ET 0.934 g 480.69 398.97 25.92 -11.04 re f BT 10.079 0 0 10.079 504.21 389.8501 Tm 0 g ( )Tj ET 0.934 g 506.85 398.97 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 389.8501 Tm 0 g ( )Tj ET 0.934 g 510.21 398.97 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 389.8501 Tm 0 g ( )Tj ET 0.934 g 513.33 398.97 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 389.8501 Tm 0 g ( )Tj ET 0.934 g 518.37 398.97 22.56 -11.04 re f BT 10.079 0 0 10.079 538.53 389.8501 Tm 0 g ( )Tj ET 0.934 g 541.17 398.97 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 389.8501 Tm 0 g ( )Tj -46.9807 -1.1192 TD 0.0596 Tw [( )-3952.7(Basic)-26876.2( )-690.5(10.1)-12.2( )-23.8( )-690.5(10.1)-12.2( )-23.8( )-1023.9(10.1)-12.2( )-23.8( )-690.5(10.1)-12.2( )]TJ ET 0.934 g 67.65 376.41 42.72 -11.04 re f BT 10.079 0 0 10.079 67.65 367.2901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 110.61 376.41 293.04 -11.04 re f BT 10.079 0 0 10.079 110.61 367.2901 Tm 0 g (Diluted)Tj ET 0.934 g 403.89 376.41 2.88 -11.04 re f BT 10.079 0 0 10.079 403.89 367.2901 Tm 0 g ( )Tj ET 0.934 g 407.01 376.41 4.8 -11.04 re f BT 10.079 0 0 10.079 407.01 367.2901 Tm 0 g ( )Tj ET 0.934 g 412.05 376.41 22.56 -11.04 re f BT 10.079 0 0 10.079 417.09 367.2901 Tm 0 g (10.1)Tj ET 0.934 g 434.85 376.41 3.12 -11.04 re f BT 10.079 0 0 10.079 434.85 367.2901 Tm 0 g ( )Tj ET 0.934 g 438.21 376.41 2.88 -11.04 re f BT 10.079 0 0 10.079 438.21 367.2901 Tm 0 g ( )Tj ET 0.934 g 441.33 376.41 4.8 -11.04 re f BT 10.079 0 0 10.079 441.33 367.2901 Tm 0 g ( )Tj ET 0.934 g 446.37 376.41 22.56 -11.04 re f BT 10.079 0 0 10.079 451.41 367.2901 Tm 0 g (10.1)Tj ET 0.934 g 469.17 376.41 3.12 -11.04 re f BT 10.079 0 0 10.079 469.17 367.2901 Tm 0 g ( )Tj ET 0.934 g 472.53 376.41 2.88 -11.04 re f BT 10.079 0 0 10.079 472.53 367.2901 Tm 0 g ( )Tj ET 0.934 g 475.65 376.41 4.8 -11.04 re f BT 10.079 0 0 10.079 475.65 367.2901 Tm 0 g ( )Tj ET 0.934 g 480.69 376.41 25.92 -11.04 re f BT 10.079 0 0 10.079 489.09 367.2901 Tm 0 g (10.1)Tj ET 0.934 g 506.85 376.41 3.12 -11.04 re f BT 10.079 0 0 10.079 506.85 367.2901 Tm 0 g ( )Tj ET 0.934 g 510.21 376.41 2.88 -11.04 re f BT 10.079 0 0 10.079 510.21 367.2901 Tm 0 g ( )Tj ET 0.934 g 513.33 376.41 4.8 -11.04 re f BT 10.079 0 0 10.079 513.33 367.2901 Tm 0 g ( )Tj ET 0.934 g 518.37 376.41 22.56 -11.04 re f BT 10.079 0 0 10.079 523.4099 367.2901 Tm 0 g (10.1)Tj ET 0.934 g 541.17 376.41 3.12 -11.04 re f BT 10.079 0 0 10.079 541.1699 367.2901 Tm 0 g ( )Tj -23.5737 -2.6907 TD (7)Tj ET endstream endobj 22 0 obj << /Type /Page /Parent 32 0 R /Resources 23 0 R /Contents 24 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 23 0 obj << /ProcSet [ /PDF /Text ] /Font << /F6 50 0 R /F12 31 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 24 0 obj << /Length 36009 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -595.68 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 10.079 244.77 951.4501 Tm -0.0001 Tc 0.0001 Tw (CLEVELAND-CLIFFS INC)Tj -5.5005 -2.7384 TD (STATEMENT OF CONSOLIDATED CASH FLOWS)Tj /F12 1 Tf 12 0 0 12 39.57 910.41 Tm 0.71 Tc 0 Tw [( )-21320( )-1220( )-440( )460( )-520( )460( )-1220( )-440( )-20( )-940( )]TJ 7.439 0 0 7.439 39.57 900.3301 Tm 1.2986 Tc ( )Tj 40.5859 0 TD 0 Tc ( )Tj /F6 1 Tf 4.5812 0.0323 TD (Fourth Quarter)Tj /F12 1 Tf 9.84 -0.0323 TD ( )Tj /F6 1 Tf 8.0333 0.0323 TD (Year)Tj /F12 1 Tf -63.0404 -1.1614 TD 1.2986 Tc ( )Tj 40.5859 0 TD 0 Tc ( )Tj ET 0.5 g 353.01 892.65 95.52 -0.48 re f BT 7.439 0 0 7.439 448.77 891.9301 Tm 0 g ( )Tj ET 0.5 g 460.29 892.65 112.08 -0.48 re f BT /F6 1 Tf 7.439 0 0 7.439 39.57 883.05 Tm 0 g (\(In Millions, Brackets Indicate Decrease in Cash\))Tj /F12 1 Tf 40.5859 -0.0323 TD ( )Tj /F6 1 Tf 4.1618 0.0323 TD (2002)Tj /F12 1 Tf 4.7103 -0.0323 TD ( )Tj /F6 1 Tf 2.5164 0.0323 TD (2001)Tj /F12 1 Tf 3.0326 -0.0323 TD ( )Tj /F6 1 Tf 4.1618 0.0323 TD (2002)Tj /F12 1 Tf 4.7103 -0.0323 TD ( )Tj /F6 1 Tf 3.6134 0.0323 TD (2001)Tj /F12 1 Tf -67.4926 -1.1614 TD 1.2986 Tc ( )Tj 40.5859 0 TD 0 Tc ( )Tj ET 0.5 g 353.01 875.13 54.24 -0.48 re f BT 7.439 0 0 7.439 407.49 874.41 Tm 0 g ( )Tj ET 0.5 g 419.01 875.13 29.52 -0.48 re f BT 7.439 0 0 7.439 448.77 874.41 Tm 0 g ( )Tj ET 0.5 g 460.29 875.13 54.24 -0.48 re f BT 7.439 0 0 7.439 514.77 874.41 Tm 0 g ( )Tj ET 0.5 g 526.29 875.13 46.08 -0.48 re f BT 10.079 0 0 10.079 39.57 863.61 Tm 0 g 0.893 Tc [( )-28812.2( )-1452.5( )-523.8( )547.7( )-619.1( )547.7( )-1452.5( )-523.8( )-23.8( )-1119.1( )]TJ ET 0.934 g 39.57 861.45 301.68 -11.04 re f BT 10.079 0 0 10.079 39.57 852.3301 Tm 0 g -0.0001 Tc 0.0001 Tw (OPERATING ACTIVITIES)Tj ET 0.934 g 341.49 861.45 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 852.3301 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 353.01 861.45 11.28 -11.04 re f BT 10.079 0 0 10.079 353.01 852.3301 Tm 0 g ( )Tj ET 0.934 g 364.53 861.45 25.92 -11.04 re f BT 10.079 0 0 10.079 364.53 852.3301 Tm 0 g ( )Tj ET 0.934 g 390.69 861.45 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 852.3301 Tm 0 g ( )Tj ET 0.934 g 407.49 861.45 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 852.3301 Tm 0 g ( )Tj ET 0.934 g 419.01 861.45 5.76 -11.04 re f BT 10.079 0 0 10.079 419.01 852.3301 Tm 0 g ( )Tj ET 0.934 g 425.01 861.45 17.52 -11.04 re f BT 10.079 0 0 10.079 425.01 852.3301 Tm 0 g ( )Tj ET 0.934 g 442.77 861.45 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 852.3301 Tm 0 g ( )Tj ET 0.934 g 448.77 861.45 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 852.3301 Tm 0 g ( )Tj ET 0.934 g 460.29 861.45 11.28 -11.04 re f BT 10.079 0 0 10.079 460.29 852.3301 Tm 0 g ( )Tj ET 0.934 g 471.81 861.45 25.92 -11.04 re f BT 10.079 0 0 10.079 471.81 852.3301 Tm 0 g ( )Tj ET 0.934 g 497.97 861.45 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 852.3301 Tm 0 g ( )Tj ET 0.934 g 514.77 861.45 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 852.3301 Tm 0 g ( )Tj ET 0.934 g 526.29 861.45 11.52 -11.04 re f BT 10.079 0 0 10.079 526.2899 852.3301 Tm 0 g ( )Tj ET 0.934 g 538.05 861.45 22.56 -11.04 re f BT 10.079 0 0 10.079 538.0499 852.3301 Tm 0 g ( )Tj ET 0.934 g 560.85 861.45 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 852.3301 Tm 0 g ( )Tj -51.7192 -1.1192 TD [( )-893(Loss from continuing operations)-15786.4( )-1535.9($)-500.1(\(65.6)-12.6(\))-1333.8( )-988.2($)-166.7(\(2.5)-12.5(\))-262.3( )-1535.9($)-500.1(\(66.4)-12.6(\))-1333.8( )-1559.7($)-166.7(\(19.5)-12.6(\))]TJ ET 0.934 g 39.57 838.89 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 829.77 Tm 0 g ( )Tj ET 0.934 g 51.09 838.89 290.16 -11.04 re f BT 10.079 0 0 10.079 51.09 829.77 Tm 0 g (Impairment of mining assets)Tj ET 0.934 g 341.49 838.89 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 829.77 Tm 0 g ( )Tj ET 0.934 g 353.01 838.89 11.28 -11.04 re f BT 10.079 0 0 10.079 353.01 829.77 Tm 0 g ( )Tj ET 0.934 g 364.53 838.89 25.92 -11.04 re f BT 10.079 0 0 10.079 372.93 829.77 Tm 0 g (52.7)Tj ET 0.934 g 390.69 838.89 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 829.77 Tm 0 g ( )Tj ET 0.934 g 407.49 838.89 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 829.77 Tm 0 g ( )Tj ET 0.934 g 419.01 838.89 5.76 -11.04 re f BT 10.079 0 0 10.079 419.01 829.77 Tm 0 g ( )Tj ET 0.934 g 425.01 838.89 17.52 -11.04 re f BT 10.079 0 0 10.079 425.01 829.77 Tm 0 g ( )Tj ET 0.934 g 442.77 838.89 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 829.77 Tm 0 g ( )Tj ET 0.934 g 448.77 838.89 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 829.77 Tm 0 g ( )Tj ET 0.934 g 460.29 838.89 11.28 -11.04 re f BT 10.079 0 0 10.079 460.29 829.77 Tm 0 g ( )Tj ET 0.934 g 471.81 838.89 25.92 -11.04 re f BT 10.079 0 0 10.079 480.21 829.77 Tm 0 g (52.7)Tj ET 0.934 g 497.97 838.89 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 829.77 Tm 0 g ( )Tj ET 0.934 g 514.77 838.89 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 829.77 Tm 0 g ( )Tj ET 0.934 g 526.29 838.89 11.52 -11.04 re f BT 10.079 0 0 10.079 526.2899 829.77 Tm 0 g ( )Tj ET 0.934 g 538.05 838.89 22.56 -11.04 re f BT 10.079 0 0 10.079 538.0499 829.77 Tm 0 g ( )Tj ET 0.934 g 560.85 838.89 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 829.77 Tm 0 g ( )Tj -51.7192 -1.1191 TD 0.893 Tw [( Depreciation )893(and )893(amortization:)-16371.4( )-1452.5( )-523.8( )547.7( )-619.1( )547.7( )-1452.5( )-523.8( )-23.8( )-1119.1( )]TJ ET 0.934 g 39.57 816.33 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 807.2101 Tm 0 g 0 Tw ( )Tj ET 0.934 g 51.09 816.33 11.28 -11.04 re f BT 10.079 0 0 10.079 51.09 807.2101 Tm 0 g ( )Tj ET 0.934 g 62.61 816.33 278.64 -11.04 re f BT 10.079 0 0 10.079 62.61 807.2101 Tm 0 g (Consolidated)Tj ET 0.934 g 341.49 816.33 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 807.2101 Tm 0 g ( )Tj ET 0.934 g 353.01 816.33 11.28 -11.04 re f BT 10.079 0 0 10.079 353.01 807.2101 Tm 0 g ( )Tj ET 0.934 g 364.53 816.33 25.92 -11.04 re f BT 10.079 0 0 10.079 377.97 807.2101 Tm 0 g (8.0)Tj ET 0.934 g 390.69 816.33 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 807.2101 Tm 0 g ( )Tj ET 0.934 g 407.49 816.33 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 807.2101 Tm 0 g ( )Tj ET 0.934 g 419.01 816.33 5.76 -11.04 re f BT 10.079 0 0 10.079 419.01 807.2101 Tm 0 g ( )Tj ET 0.934 g 425.01 816.33 17.52 -11.04 re f BT 10.079 0 0 10.079 430.05 807.2101 Tm 0 g (3.1)Tj ET 0.934 g 442.77 816.33 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 807.2101 Tm 0 g ( )Tj ET 0.934 g 448.77 816.33 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 807.2101 Tm 0 g ( )Tj ET 0.934 g 460.29 816.33 11.28 -11.04 re f BT 10.079 0 0 10.079 460.29 807.2101 Tm 0 g ( )Tj ET 0.934 g 471.81 816.33 25.92 -11.04 re f BT 10.079 0 0 10.079 480.21 807.2101 Tm 0 g (25.5)Tj ET 0.934 g 497.97 816.33 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 807.2101 Tm 0 g ( )Tj ET 0.934 g 514.77 816.33 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 807.2101 Tm 0 g ( )Tj ET 0.934 g 526.29 816.33 11.52 -11.04 re f BT 10.079 0 0 10.079 526.2899 807.2101 Tm 0 g ( )Tj ET 0.934 g 538.05 816.33 22.56 -11.04 re f BT 10.079 0 0 10.079 543.09 807.2101 Tm 0 g (12.6)Tj ET 0.934 g 560.85 816.33 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 807.2101 Tm 0 g ( )Tj -51.7192 -1.1192 TD 0.893 Tw [( Share )893(of )893(associated )893(iron )893(ore )893(ventures)-12924.6( )-1333.4(2.2)-12.1( )-523.8( )47.7(2.6)-12.1( )547.7( )-1333.4(8.4)-12.1( )-523.8( )-523.8(10.8)-12.2( )]TJ ET 0.934 g 39.57 793.77 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 784.65 Tm 0 g 0 Tw ( )Tj ET 0.934 g 51.09 793.77 290.16 -11.04 re f BT 10.079 0 0 10.079 51.09 784.65 Tm 0 g (Deferred income taxes)Tj ET 0.934 g 341.49 793.77 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 784.65 Tm 0 g ( )Tj ET 0.934 g 353.01 793.77 11.28 -11.04 re f BT 10.079 0 0 10.079 353.01 784.65 Tm 0 g ( )Tj ET 0.934 g 364.53 793.77 25.92 -11.04 re f BT 10.079 0 0 10.079 372.93 784.65 Tm 0 g (15.6)Tj ET 0.934 g 390.69 793.77 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 784.65 Tm 0 g ( )Tj ET 0.934 g 407.49 793.77 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 784.65 Tm 0 g ( )Tj ET 0.934 g 419.01 793.77 5.76 -11.04 re f BT 10.079 0 0 10.079 422.37 784.65 Tm 0 g ( )Tj ET 0.934 g 425.01 793.77 17.52 -11.04 re f BT 10.079 0 0 10.079 426.69 784.65 Tm 0 g (\(6.6)Tj ET 0.934 g 442.77 793.77 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 784.65 Tm 0 g (\))Tj ET 0.934 g 448.77 793.77 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 784.65 Tm 0 g ( )Tj ET 0.934 g 460.29 793.77 11.28 -11.04 re f BT 10.079 0 0 10.079 460.29 784.65 Tm 0 g ( )Tj ET 0.934 g 471.81 793.77 25.92 -11.04 re f BT 10.079 0 0 10.079 480.21 784.65 Tm 0 g (13.9)Tj ET 0.934 g 497.97 793.77 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 784.65 Tm 0 g ( )Tj ET 0.934 g 514.77 793.77 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 784.65 Tm 0 g ( )Tj ET 0.934 g 526.29 793.77 11.52 -11.04 re f BT 10.079 0 0 10.079 535.41 784.65 Tm 0 g ( )Tj ET 0.934 g 538.05 793.77 22.56 -11.04 re f BT 10.079 0 0 10.079 539.73 784.65 Tm 0 g (\(12.8)Tj ET 0.934 g 560.85 793.77 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 784.65 Tm 0 g (\))Tj -51.7192 -1.1192 TD 0.893 Tw [( Asset )893(retirement )893(obligation)-17925.2( )-1333.4(1.9)-12.1( )-523.8( )547.7( )-619.1( )547.7( )-1333.4(1.9)-12.1( )-523.8( )-23.8( )-1119.1( )]TJ ET 0.934 g 39.57 771.21 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 762.09 Tm 0 g 0 Tw ( )Tj ET 0.934 g 51.09 771.21 290.16 -11.04 re f BT 10.079 0 0 10.079 51.09 762.09 Tm 0 g (Gain on sale of assets)Tj ET 0.934 g 341.49 771.21 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 762.09 Tm 0 g ( )Tj ET 0.934 g 353.01 771.21 11.28 -11.04 re f BT 10.079 0 0 10.079 361.89 762.09 Tm 0 g ( )Tj ET 0.934 g 364.53 771.21 25.92 -11.04 re f BT 10.079 0 0 10.079 374.61 762.09 Tm 0 g (\(1.1)Tj ET 0.934 g 390.69 771.21 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 762.09 Tm 0 g (\))Tj ET 0.934 g 407.49 771.21 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 762.09 Tm 0 g ( )Tj ET 0.934 g 419.01 771.21 5.76 -11.04 re f BT 10.079 0 0 10.079 422.37 762.09 Tm 0 g ( )Tj ET 0.934 g 425.01 771.21 17.52 -11.04 re f BT 10.079 0 0 10.079 431.73 762.09 Tm 0 g (\(.5)Tj ET 0.934 g 442.77 771.21 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 762.09 Tm 0 g (\))Tj ET 0.934 g 448.77 771.21 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 762.09 Tm 0 g ( )Tj ET 0.934 g 460.29 771.21 11.28 -11.04 re f BT 10.079 0 0 10.079 469.17 762.09 Tm 0 g ( )Tj ET 0.934 g 471.81 771.21 25.92 -11.04 re f BT 10.079 0 0 10.079 481.89 762.09 Tm 0 g (\(6.2)Tj ET 0.934 g 497.97 771.21 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 762.09 Tm 0 g (\))Tj ET 0.934 g 514.77 771.21 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 762.09 Tm 0 g ( )Tj ET 0.934 g 526.29 771.21 11.52 -11.04 re f BT 10.079 0 0 10.079 535.41 762.09 Tm 0 g ( )Tj ET 0.934 g 538.05 771.21 22.56 -11.04 re f BT 10.079 0 0 10.079 544.77 762.09 Tm 0 g (\(5.6)Tj ET 0.934 g 560.85 771.21 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 762.09 Tm 0 g (\))Tj -51.7192 -1.1191 TD 0.893 Tw [( Other)-26535.4( )-881( )-119(\(0.2)-12.5(\))-1333.8( )47.7(1.2)-12.1( )547.7( )-881( )-119(\(1.8)-12.5(\))-1333.8( )-1023.9(3.8)-12.1( )]TJ T* 29.7052 Tc 0 Tw [( )28812.2( )]TJ ET 0.5 g 364.53 743.37 25.92 -0.48 re f BT 10.079 0 0 10.079 390.69 739.53 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 425.01 743.37 17.52 -0.48 re f BT 10.079 0 0 10.079 442.77 739.53 Tm 0 g 0.3453 Tc [( )-547.7( )]TJ ET 0.5 g 471.81 743.37 25.92 -0.48 re f BT 10.079 0 0 10.079 497.97 739.53 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 538.05 743.37 22.56 -0.48 re f BT 10.079 0 0 10.079 560.85 739.53 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 737.37 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 728.2501 Tm 0 g ( )Tj ET 0.934 g 51.09 737.37 11.28 -11.04 re f BT 10.079 0 0 10.079 51.09 728.2501 Tm 0 g ( )Tj ET 0.934 g 62.61 737.37 278.64 -11.04 re f BT 10.079 0 0 10.079 62.61 728.2501 Tm 0 g (Total before changes in operating assets and liabilities)Tj ET 0.934 g 341.49 737.37 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 728.2501 Tm 0 g ( )Tj ET 0.934 g 353.01 737.37 11.28 -11.04 re f BT 10.079 0 0 10.079 353.01 728.2501 Tm 0 g ( )Tj ET 0.934 g 364.53 737.37 25.92 -11.04 re f BT 10.079 0 0 10.079 372.93 728.2501 Tm 0 g (13.5)Tj ET 0.934 g 390.69 737.37 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 728.2501 Tm 0 g ( )Tj ET 0.934 g 407.49 737.37 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 728.2501 Tm 0 g ( )Tj ET 0.934 g 419.01 737.37 5.76 -11.04 re f BT 10.079 0 0 10.079 422.37 728.2501 Tm 0 g ( )Tj ET 0.934 g 425.01 737.37 17.52 -11.04 re f BT 10.079 0 0 10.079 426.69 728.2501 Tm 0 g (\(2.7)Tj ET 0.934 g 442.77 737.37 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 728.2501 Tm 0 g (\))Tj ET 0.934 g 448.77 737.37 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 728.2501 Tm 0 g ( )Tj ET 0.934 g 460.29 737.37 11.28 -11.04 re f BT 10.079 0 0 10.079 460.29 728.2501 Tm 0 g ( )Tj ET 0.934 g 471.81 737.37 25.92 -11.04 re f BT 10.079 0 0 10.079 480.21 728.2501 Tm 0 g (28.0)Tj ET 0.934 g 497.97 737.37 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 728.2501 Tm 0 g ( )Tj ET 0.934 g 514.77 737.37 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 728.2501 Tm 0 g ( )Tj ET 0.934 g 526.29 737.37 11.52 -11.04 re f BT 10.079 0 0 10.079 535.41 728.2501 Tm 0 g ( )Tj ET 0.934 g 538.05 737.37 22.56 -11.04 re f BT 10.079 0 0 10.079 539.73 728.2501 Tm 0 g (\(10.7)Tj ET 0.934 g 560.85 737.37 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 728.2501 Tm 0 g (\))Tj -51.7192 -1.1191 TD [( )-893(Changes in operating assets and liabilities)-12064.8( )-1774( )-512(\(19.5)-12.6(\))-1333.8( )-893( )-345.3(42.6)-12.2( )-345.3( )-893( )-1726.4(12.9)-12.2( )-1416.8( )-893( )-1416.8(39.6)-12.2( )]TJ T* 29.7052 Tc [( )28812.2( )]TJ ET 0.5 g 364.53 709.53 25.92 -0.48 re f BT 10.079 0 0 10.079 390.69 705.6901 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 425.01 709.53 17.52 -0.48 re f BT 10.079 0 0 10.079 442.77 705.6901 Tm 0 g 0.3453 Tc [( )-547.7( )]TJ ET 0.5 g 471.81 709.53 25.92 -0.48 re f BT 10.079 0 0 10.079 497.97 705.6901 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 538.05 709.53 22.56 -0.48 re f BT 10.079 0 0 10.079 560.85 705.6901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 703.53 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 694.41 Tm 0 g ( )Tj ET 0.934 g 51.09 703.53 11.28 -11.04 re f BT 10.079 0 0 10.079 51.09 694.41 Tm 0 g ( )Tj ET 0.934 g 62.61 703.53 11.28 -11.04 re f BT 10.079 0 0 10.079 62.61 694.41 Tm 0 g ( )Tj ET 0.934 g 74.13 703.53 267.12 -11.04 re f BT 10.079 0 0 10.079 74.13 694.41 Tm 0 g (Net cash from \(used by\) operating activities)Tj ET 0.934 g 341.49 703.53 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 694.41 Tm 0 g ( )Tj ET 0.934 g 353.01 703.53 11.28 -11.04 re f BT 10.079 0 0 10.079 361.89 694.41 Tm 0 g ( )Tj ET 0.934 g 364.53 703.53 25.92 -11.04 re f BT 10.079 0 0 10.079 374.61 694.41 Tm 0 g (\(6.0)Tj ET 0.934 g 390.69 703.53 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 694.41 Tm 0 g (\))Tj ET 0.934 g 407.49 703.53 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 694.41 Tm 0 g ( )Tj ET 0.934 g 419.01 703.53 5.76 -11.04 re f BT 10.079 0 0 10.079 419.01 694.41 Tm 0 g ( )Tj ET 0.934 g 425.01 703.53 17.52 -11.04 re f BT 10.079 0 0 10.079 425.01 694.41 Tm 0 g (39.9)Tj ET 0.934 g 442.77 703.53 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 694.41 Tm 0 g ( )Tj ET 0.934 g 448.77 703.53 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 694.41 Tm 0 g ( )Tj ET 0.934 g 460.29 703.53 11.28 -11.04 re f BT 10.079 0 0 10.079 460.29 694.41 Tm 0 g ( )Tj ET 0.934 g 471.81 703.53 25.92 -11.04 re f BT 10.079 0 0 10.079 480.21 694.41 Tm 0 g (40.9)Tj ET 0.934 g 497.97 703.53 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 694.41 Tm 0 g ( )Tj ET 0.934 g 514.77 703.53 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 694.41 Tm 0 g ( )Tj ET 0.934 g 526.29 703.53 11.52 -11.04 re f BT 10.079 0 0 10.079 526.2899 694.41 Tm 0 g ( )Tj ET 0.934 g 538.05 703.53 22.56 -11.04 re f BT 10.079 0 0 10.079 543.09 694.41 Tm 0 g (28.9)Tj ET 0.934 g 560.85 703.53 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 694.41 Tm 0 g ( )Tj -51.7192 -1.1192 TD -0.0001 Tc 0.8931 Tw [(INVESTING )893(ACTIVITIES)-18875.3( )-1452.5( )-523.8( )547.7( )-619.1( )547.7( )-1452.5( )-523.8( )-23.8( )-1119.1( )]TJ ET 0.934 g 39.57 680.97 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 671.8501 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 51.09 680.97 290.16 -11.04 re f BT 10.079 0 0 10.079 51.09 671.8501 Tm 0 g (Purchase of property, plant and equipment:)Tj ET 0.934 g 341.49 680.97 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 671.8501 Tm 0 g ( )Tj ET 0.934 g 353.01 680.97 11.28 -11.04 re f BT 10.079 0 0 10.079 353.01 671.8501 Tm 0 g ( )Tj ET 0.934 g 364.53 680.97 25.92 -11.04 re f BT 10.079 0 0 10.079 364.53 671.8501 Tm 0 g ( )Tj ET 0.934 g 390.69 680.97 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 671.8501 Tm 0 g ( )Tj ET 0.934 g 407.49 680.97 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 671.8501 Tm 0 g ( )Tj ET 0.934 g 419.01 680.97 5.76 -11.04 re f BT 10.079 0 0 10.079 419.01 671.8501 Tm 0 g ( )Tj ET 0.934 g 425.01 680.97 17.52 -11.04 re f BT 10.079 0 0 10.079 425.01 671.8501 Tm 0 g ( )Tj ET 0.934 g 442.77 680.97 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 671.8501 Tm 0 g ( )Tj ET 0.934 g 448.77 680.97 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 671.8501 Tm 0 g ( )Tj ET 0.934 g 460.29 680.97 11.28 -11.04 re f BT 10.079 0 0 10.079 460.29 671.8501 Tm 0 g ( )Tj ET 0.934 g 471.81 680.97 25.92 -11.04 re f BT 10.079 0 0 10.079 471.81 671.8501 Tm 0 g ( )Tj ET 0.934 g 497.97 680.97 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 671.8501 Tm 0 g ( )Tj ET 0.934 g 514.77 680.97 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 671.8501 Tm 0 g ( )Tj ET 0.934 g 526.29 680.97 11.52 -11.04 re f BT 10.079 0 0 10.079 526.2899 671.8501 Tm 0 g ( )Tj ET 0.934 g 538.05 680.97 22.56 -11.04 re f BT 10.079 0 0 10.079 538.0499 671.8501 Tm 0 g ( )Tj ET 0.934 g 560.85 680.97 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 671.8501 Tm 0 g ( )Tj -51.7192 -1.1192 TD 0.893 Tw [( Consolidated)-22391.7( )-881( )-119(\(1.5)-12.5(\))-1333.8( )-333.3( )214.3(\(.6)-12.4(\))-262.3( )-881( )-119(\(8.6)-12.5(\))-1333.8( )-904.8( )214.3(\(3.2)-12.5(\))]TJ ET 0.934 g 39.57 658.41 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 649.29 Tm 0 g 0 Tw ( )Tj ET 0.934 g 51.09 658.41 11.28 -11.04 re f BT 10.079 0 0 10.079 51.09 649.29 Tm 0 g ( )Tj ET 0.934 g 62.61 658.41 278.64 -11.04 re f BT 10.079 0 0 10.079 62.61 649.29 Tm 0 g (Share of associated iron ore ventures)Tj ET 0.934 g 341.49 658.41 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 649.29 Tm 0 g ( )Tj ET 0.934 g 353.01 658.41 11.28 -11.04 re f BT 10.079 0 0 10.079 361.89 649.29 Tm 0 g ( )Tj ET 0.934 g 364.53 658.41 25.92 -11.04 re f BT 10.079 0 0 10.079 379.65 649.29 Tm 0 g (\(.3)Tj ET 0.934 g 390.69 658.41 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 649.29 Tm 0 g (\))Tj ET 0.934 g 407.49 658.41 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 649.29 Tm 0 g ( )Tj ET 0.934 g 419.01 658.41 5.76 -11.04 re f BT 10.079 0 0 10.079 422.37 649.29 Tm 0 g ( )Tj ET 0.934 g 425.01 658.41 17.52 -11.04 re f BT 10.079 0 0 10.079 426.69 649.29 Tm 0 g (\(1.9)Tj ET 0.934 g 442.77 658.41 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 649.29 Tm 0 g (\))Tj ET 0.934 g 448.77 658.41 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 649.29 Tm 0 g ( )Tj ET 0.934 g 460.29 658.41 11.28 -11.04 re f BT 10.079 0 0 10.079 469.17 649.29 Tm 0 g ( )Tj ET 0.934 g 471.81 658.41 25.92 -11.04 re f BT 10.079 0 0 10.079 481.89 649.29 Tm 0 g (\(2.0)Tj ET 0.934 g 497.97 658.41 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 649.29 Tm 0 g (\))Tj ET 0.934 g 514.77 658.41 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 649.29 Tm 0 g ( )Tj ET 0.934 g 526.29 658.41 11.52 -11.04 re f BT 10.079 0 0 10.079 535.41 649.29 Tm 0 g ( )Tj ET 0.934 g 538.05 658.41 22.56 -11.04 re f BT 10.079 0 0 10.079 544.77 649.29 Tm 0 g (\(4.0)Tj ET 0.934 g 560.85 658.41 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 649.29 Tm 0 g (\))Tj -51.7192 -1.1192 TD [( )-893(Investment in steel companies equity and debt)-10315.9( )-893( )-893( )-2345.5( )-1416.8( )-893( )-345.3( )-1512.1( )-345.3( )-1774( )-512(\(27.4)-12.6(\))-1333.8( )-893( )-916.8( )-2012.1( )]TJ ET 0.934 g 39.57 635.85 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 626.73 Tm 0 g ( )Tj ET 0.934 g 51.09 635.85 290.16 -11.04 re f BT 10.079 0 0 10.079 51.09 626.73 Tm 0 g (Investment in power-related joint venture)Tj ET 0.934 g 341.49 635.85 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 626.73 Tm 0 g ( )Tj ET 0.934 g 353.01 635.85 11.28 -11.04 re f BT 10.079 0 0 10.079 353.01 626.73 Tm 0 g ( )Tj ET 0.934 g 364.53 635.85 25.92 -11.04 re f BT 10.079 0 0 10.079 364.53 626.73 Tm 0 g ( )Tj ET 0.934 g 390.69 635.85 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 626.73 Tm 0 g ( )Tj ET 0.934 g 407.49 635.85 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 626.73 Tm 0 g ( )Tj ET 0.934 g 419.01 635.85 5.76 -11.04 re f BT 10.079 0 0 10.079 422.37 626.73 Tm 0 g ( )Tj ET 0.934 g 425.01 635.85 17.52 -11.04 re f BT 10.079 0 0 10.079 426.69 626.73 Tm 0 g (\(3.0)Tj ET 0.934 g 442.77 635.85 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 626.73 Tm 0 g (\))Tj ET 0.934 g 448.77 635.85 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 626.73 Tm 0 g ( )Tj ET 0.934 g 460.29 635.85 11.28 -11.04 re f BT 10.079 0 0 10.079 469.17 626.73 Tm 0 g ( )Tj ET 0.934 g 471.81 635.85 25.92 -11.04 re f BT 10.079 0 0 10.079 481.89 626.73 Tm 0 g (\(6.0)Tj ET 0.934 g 497.97 635.85 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 626.73 Tm 0 g (\))Tj ET 0.934 g 514.77 635.85 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 626.73 Tm 0 g ( )Tj ET 0.934 g 526.29 635.85 11.52 -11.04 re f BT 10.079 0 0 10.079 535.41 626.73 Tm 0 g ( )Tj ET 0.934 g 538.05 635.85 22.56 -11.04 re f BT 10.079 0 0 10.079 544.77 626.73 Tm 0 g (\(3.0)Tj ET 0.934 g 560.85 635.85 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 626.73 Tm 0 g (\))Tj -51.7192 -1.1192 TD 0.893 Tw [( Proceeds )893(from )893(sale )893(of )893(assets)-17538.3( )-1333.4(1.5)-12.1( )-523.8( )-452.4(.5)-12( )547.7( )-1333.4(8.2)-12.1( )-523.8( )-523.8(11.0)-12.2( )]TJ ET 0.934 g 39.57 613.29 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 604.17 Tm 0 g 0 Tw ( )Tj ET 0.934 g 51.09 613.29 290.16 -11.04 re f BT 10.079 0 0 10.079 51.09 604.17 Tm 0 g (Other)Tj ET 0.934 g 341.49 613.29 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 604.17 Tm 0 g ( )Tj ET 0.934 g 353.01 613.29 11.28 -11.04 re f BT 10.079 0 0 10.079 353.01 604.17 Tm 0 g ( )Tj ET 0.934 g 364.53 613.29 25.92 -11.04 re f BT 10.079 0 0 10.079 364.53 604.17 Tm 0 g ( )Tj ET 0.934 g 390.69 613.29 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 604.17 Tm 0 g ( )Tj ET 0.934 g 407.49 613.29 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 604.17 Tm 0 g ( )Tj ET 0.934 g 419.01 613.29 5.76 -11.04 re f BT 10.079 0 0 10.079 422.37 604.17 Tm 0 g ( )Tj ET 0.934 g 425.01 613.29 17.52 -11.04 re f BT 10.079 0 0 10.079 431.73 604.17 Tm 0 g (\(.3)Tj ET 0.934 g 442.77 613.29 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 604.17 Tm 0 g (\))Tj ET 0.934 g 448.77 613.29 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 604.17 Tm 0 g ( )Tj ET 0.934 g 460.29 613.29 11.28 -11.04 re f BT 10.079 0 0 10.079 460.29 604.17 Tm 0 g ( )Tj ET 0.934 g 471.81 613.29 25.92 -11.04 re f BT 10.079 0 0 10.079 471.81 604.17 Tm 0 g ( )Tj ET 0.934 g 497.97 613.29 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 604.17 Tm 0 g ( )Tj ET 0.934 g 514.77 613.29 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 604.17 Tm 0 g ( )Tj ET 0.934 g 526.29 613.29 11.52 -11.04 re f BT 10.079 0 0 10.079 535.41 604.17 Tm 0 g ( )Tj ET 0.934 g 538.05 613.29 22.56 -11.04 re f BT 10.079 0 0 10.079 549.8099 604.17 Tm 0 g (\(.7)Tj ET 0.934 g 560.85 613.29 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 604.17 Tm 0 g (\))Tj -51.7192 -1.1192 TD 29.7052 Tc [( )28812.2( )]TJ ET 0.5 g 364.53 596.73 25.92 -0.48 re f BT 10.079 0 0 10.079 390.69 592.8901 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 425.01 596.73 17.52 -0.48 re f BT 10.079 0 0 10.079 442.77 592.8901 Tm 0 g 0.3453 Tc [( )-547.7( )]TJ ET 0.5 g 471.81 596.73 25.92 -0.48 re f BT 10.079 0 0 10.079 497.97 592.8901 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 538.05 596.73 22.56 -0.48 re f BT 10.079 0 0 10.079 560.85 592.8901 Tm 0 g 0 Tc ( )Tj -51.7192 -1.1192 TD [( )-893( )-893( )-893(Net cash from \(used by\) investing activities)-9085.9( )-1774( )-1512.1(\(.3)-12.4(\))-1333.8( )-1226.3( )-178.6(\(5.3)-12.5(\))-262.3( )-1774( )-512(\(35.8)-12.6(\))-1333.8( )-893( )-2416.9(.1)-12( )]TJ ET 0.934 g 39.57 579.45 301.68 -11.04 re f BT 10.079 0 0 10.079 39.57 570.3301 Tm 0 g -0.0001 Tc 0.0001 Tw (FINANCING ACTIVITIES)Tj ET 0.934 g 341.49 579.45 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 570.3301 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 353.01 579.45 11.28 -11.04 re f BT 10.079 0 0 10.079 353.01 570.3301 Tm 0 g ( )Tj ET 0.934 g 364.53 579.45 25.92 -11.04 re f BT 10.079 0 0 10.079 364.53 570.3301 Tm 0 g ( )Tj ET 0.934 g 390.69 579.45 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 570.3301 Tm 0 g ( )Tj ET 0.934 g 407.49 579.45 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 570.3301 Tm 0 g ( )Tj ET 0.934 g 419.01 579.45 5.76 -11.04 re f BT 10.079 0 0 10.079 419.01 570.3301 Tm 0 g ( )Tj ET 0.934 g 425.01 579.45 17.52 -11.04 re f BT 10.079 0 0 10.079 425.01 570.3301 Tm 0 g ( )Tj ET 0.934 g 442.77 579.45 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 570.3301 Tm 0 g ( )Tj ET 0.934 g 448.77 579.45 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 570.3301 Tm 0 g ( )Tj ET 0.934 g 460.29 579.45 11.28 -11.04 re f BT 10.079 0 0 10.079 460.29 570.3301 Tm 0 g ( )Tj ET 0.934 g 471.81 579.45 25.92 -11.04 re f BT 10.079 0 0 10.079 471.81 570.3301 Tm 0 g ( )Tj ET 0.934 g 497.97 579.45 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 570.3301 Tm 0 g ( )Tj ET 0.934 g 514.77 579.45 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 570.3301 Tm 0 g ( )Tj ET 0.934 g 526.29 579.45 11.52 -11.04 re f BT 10.079 0 0 10.079 526.2899 570.3301 Tm 0 g ( )Tj ET 0.934 g 538.05 579.45 22.56 -11.04 re f BT 10.079 0 0 10.079 538.0499 570.3301 Tm 0 g ( )Tj ET 0.934 g 560.85 579.45 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 570.3301 Tm 0 g ( )Tj -51.7192 -1.1192 TD [( )-893(Borrowings \(repayment\) under revolving credit facility)-6735.2( )-1774( )-11.9(\(100.0)-12.7(\))-1333.8( )-893( )-345.3( )-1512.1( )-345.3( )-1774( )-11.9(\(100.0)-12.7(\))-1333.8( )-893( )-916.8(100.0)-12.3( )]TJ ET 0.934 g 39.57 556.89 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 547.7701 Tm 0 g ( )Tj ET 0.934 g 51.09 556.89 290.16 -11.04 re f BT 10.079 0 0 10.079 51.09 547.7701 Tm 0 g (Repayment of long-term debt)Tj ET 0.934 g 341.49 556.89 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 547.7701 Tm 0 g ( )Tj ET 0.934 g 353.01 556.89 11.28 -11.04 re f BT 10.079 0 0 10.079 361.89 547.7701 Tm 0 g ( )Tj ET 0.934 g 364.53 556.89 25.92 -11.04 re f BT 10.079 0 0 10.079 369.57 547.7701 Tm 0 g (\(15.0)Tj ET 0.934 g 390.69 556.89 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 547.7701 Tm 0 g (\))Tj ET 0.934 g 407.49 556.89 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 547.7701 Tm 0 g ( )Tj ET 0.934 g 419.01 556.89 5.76 -11.04 re f BT 10.079 0 0 10.079 419.01 547.7701 Tm 0 g ( )Tj ET 0.934 g 425.01 556.89 17.52 -11.04 re f BT 10.079 0 0 10.079 425.01 547.7701 Tm 0 g ( )Tj ET 0.934 g 442.77 556.89 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 547.7701 Tm 0 g ( )Tj ET 0.934 g 448.77 556.89 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 547.7701 Tm 0 g ( )Tj ET 0.934 g 460.29 556.89 11.28 -11.04 re f BT 10.079 0 0 10.079 469.17 547.7701 Tm 0 g ( )Tj ET 0.934 g 471.81 556.89 25.92 -11.04 re f BT 10.079 0 0 10.079 476.85 547.7701 Tm 0 g (\(15.0)Tj ET 0.934 g 497.97 556.89 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 547.7701 Tm 0 g (\))Tj ET 0.934 g 514.77 556.89 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 547.7701 Tm 0 g ( )Tj ET 0.934 g 526.29 556.89 11.52 -11.04 re f BT 10.079 0 0 10.079 526.2899 547.7701 Tm 0 g ( )Tj ET 0.934 g 538.05 556.89 22.56 -11.04 re f BT 10.079 0 0 10.079 538.0499 547.7701 Tm 0 g ( )Tj ET 0.934 g 560.85 556.89 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 547.7701 Tm 0 g ( )Tj -51.7192 -1.1192 TD 0.893 Tw [( Contributions )893(by )893(minority )893(shareholder)-13452.6( )-1833.5(.1)-12( )-523.8( )547.7( )-619.1( )547.7( )-1833.5(.3)-12( )-523.8( )-23.8( )-1119.1( )]TJ ET 0.934 g 39.57 534.33 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 525.2101 Tm 0 g 0 Tw ( )Tj ET 0.934 g 51.09 534.33 290.16 -11.04 re f BT 10.079 0 0 10.079 51.09 525.2101 Tm 0 g (Proceeds from LTVSMC transaction)Tj ET 0.934 g 341.49 534.33 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 525.2101 Tm 0 g ( )Tj ET 0.934 g 353.01 534.33 11.28 -11.04 re f BT 10.079 0 0 10.079 353.01 525.2101 Tm 0 g ( )Tj ET 0.934 g 364.53 534.33 25.92 -11.04 re f BT 10.079 0 0 10.079 364.53 525.2101 Tm 0 g ( )Tj ET 0.934 g 390.69 534.33 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 525.2101 Tm 0 g ( )Tj ET 0.934 g 407.49 534.33 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 525.2101 Tm 0 g ( )Tj ET 0.934 g 419.01 534.33 5.76 -11.04 re f BT 10.079 0 0 10.079 419.01 525.2101 Tm 0 g ( )Tj ET 0.934 g 425.01 534.33 17.52 -11.04 re f BT 10.079 0 0 10.079 425.01 525.2101 Tm 0 g (50.0)Tj ET 0.934 g 442.77 534.33 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 525.2101 Tm 0 g ( )Tj ET 0.934 g 448.77 534.33 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 525.2101 Tm 0 g ( )Tj ET 0.934 g 460.29 534.33 11.28 -11.04 re f BT 10.079 0 0 10.079 460.29 525.2101 Tm 0 g ( )Tj ET 0.934 g 471.81 534.33 25.92 -11.04 re f BT 10.079 0 0 10.079 471.81 525.2101 Tm 0 g ( )Tj ET 0.934 g 497.97 534.33 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 525.2101 Tm 0 g ( )Tj ET 0.934 g 514.77 534.33 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 525.2101 Tm 0 g ( )Tj ET 0.934 g 526.29 534.33 11.52 -11.04 re f BT 10.079 0 0 10.079 526.2899 525.2101 Tm 0 g ( )Tj ET 0.934 g 538.05 534.33 22.56 -11.04 re f BT 10.079 0 0 10.079 543.09 525.2101 Tm 0 g (50.0)Tj ET 0.934 g 560.85 534.33 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 525.2101 Tm 0 g ( )Tj -51.7192 -1.1192 TD 0.893 Tw [( Dividends)-24701.6( )-1452.5( )-523.8( )-333.3( )714.4(\(1.0)-12.5(\))-262.3( )-1452.5( )-523.8( )-904.8( )214.3(\(4.1)-12.5(\))]TJ T* 29.7052 Tc 0 Tw [( )28812.2( )]TJ ET 0.5 g 364.53 506.49 25.92 -0.48 re f BT 10.079 0 0 10.079 390.69 502.6501 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 425.01 506.49 17.52 -0.48 re f BT 10.079 0 0 10.079 442.77 502.6501 Tm 0 g 0.3453 Tc [( )-547.7( )]TJ ET 0.5 g 471.81 506.49 25.92 -0.48 re f BT 10.079 0 0 10.079 497.97 502.6501 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 538.05 506.49 22.56 -0.48 re f BT 10.079 0 0 10.079 560.85 502.6501 Tm 0 g 0 Tc ( )Tj ET 0.934 g 39.57 500.49 11.28 -11.04 re f BT 10.079 0 0 10.079 39.57 491.3701 Tm 0 g ( )Tj ET 0.934 g 51.09 500.49 11.28 -11.04 re f BT 10.079 0 0 10.079 51.09 491.3701 Tm 0 g ( )Tj ET 0.934 g 62.61 500.49 11.28 -11.04 re f BT 10.079 0 0 10.079 62.61 491.3701 Tm 0 g ( )Tj ET 0.934 g 74.13 500.49 267.12 -11.04 re f BT 10.079 0 0 10.079 74.13 491.3701 Tm 0 g (Net cash from \(used by\) financing activities)Tj ET 0.934 g 341.49 500.49 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 491.3701 Tm 0 g ( )Tj ET 0.934 g 353.01 500.49 11.28 -11.04 re f BT 10.079 0 0 10.079 361.89 491.3701 Tm 0 g ( )Tj ET 0.934 g 364.53 500.49 25.92 -11.04 re f BT 10.079 0 0 10.079 364.53 491.3701 Tm 0 g (\(114.9)Tj ET 0.934 g 390.69 500.49 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 491.3701 Tm 0 g (\))Tj ET 0.934 g 407.49 500.49 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 491.3701 Tm 0 g ( )Tj ET 0.934 g 419.01 500.49 5.76 -11.04 re f BT 10.079 0 0 10.079 419.01 491.3701 Tm 0 g ( )Tj ET 0.934 g 425.01 500.49 17.52 -11.04 re f BT 10.079 0 0 10.079 425.01 491.3701 Tm 0 g (49.0)Tj ET 0.934 g 442.77 500.49 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 491.3701 Tm 0 g ( )Tj ET 0.934 g 448.77 500.49 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 491.3701 Tm 0 g ( )Tj ET 0.934 g 460.29 500.49 11.28 -11.04 re f BT 10.079 0 0 10.079 469.17 491.3701 Tm 0 g ( )Tj ET 0.934 g 471.81 500.49 25.92 -11.04 re f BT 10.079 0 0 10.079 471.81 491.3701 Tm 0 g (\(114.7)Tj ET 0.934 g 497.97 500.49 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 491.3701 Tm 0 g (\))Tj ET 0.934 g 514.77 500.49 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 491.3701 Tm 0 g ( )Tj ET 0.934 g 526.29 500.49 11.52 -11.04 re f BT 10.079 0 0 10.079 526.2899 491.3701 Tm 0 g ( )Tj ET 0.934 g 538.05 500.49 22.56 -11.04 re f BT 10.079 0 0 10.079 538.0499 491.3701 Tm 0 g (145.9)Tj ET 0.934 g 560.85 500.49 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 491.3701 Tm 0 g ( )Tj -51.7192 -1.1192 TD 29.7052 Tc [( )28812.2( )]TJ ET 0.5 g 364.53 483.93 25.92 -0.48 re f BT 10.079 0 0 10.079 390.69 480.0901 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 425.01 483.93 17.52 -0.48 re f BT 10.079 0 0 10.079 442.77 480.0901 Tm 0 g 0.3453 Tc [( )-547.7( )]TJ ET 0.5 g 471.81 483.93 25.92 -0.48 re f BT 10.079 0 0 10.079 497.97 480.0901 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 538.05 483.93 22.56 -0.48 re f BT 10.079 0 0 10.079 560.85 480.0901 Tm 0 g 0 Tc ( )Tj -51.7192 -1.1192 TD -0.0001 Tc 0.0001 Tw [(CASH FROM \(USED BY\) CONTINUING OPERATIONS)-6042.5( )-1774( )-11.9(\(121.2)-12.8(\))-1333.9( )-893( )-345.3(83.6)-12.3( )-345.3( )-1774( )-11.9(\(109.6)-12.8(\))-1333.9( )-893( )-916.8(174.9)-12.4( )]TJ ET 0.934 g 39.57 466.65 301.68 -11.04 re f BT 10.079 0 0 10.079 39.57 457.5301 Tm 0 g (CASH USED BY DISCONTINUED OPERATION)Tj ET 0.934 g 341.49 466.65 11.28 -11.04 re f BT 10.079 0 0 10.079 341.49 457.5301 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 353.01 466.65 11.28 -11.04 re f BT 10.079 0 0 10.079 361.89 457.5301 Tm 0 g ( )Tj ET 0.934 g 364.53 466.65 25.92 -11.04 re f BT 10.079 0 0 10.079 374.61 457.5301 Tm 0 g (\(2.5)Tj ET 0.934 g 390.69 466.65 16.56 -11.04 re f BT 10.079 0 0 10.079 390.69 457.5301 Tm 0 g (\))Tj ET 0.934 g 407.49 466.65 11.28 -11.04 re f BT 10.079 0 0 10.079 407.49 457.5301 Tm 0 g ( )Tj ET 0.934 g 419.01 466.65 5.76 -11.04 re f BT 10.079 0 0 10.079 422.37 457.5301 Tm 0 g ( )Tj ET 0.934 g 425.01 466.65 17.52 -11.04 re f BT 10.079 0 0 10.079 426.69 457.5301 Tm 0 g (\(1.0)Tj ET 0.934 g 442.77 466.65 5.76 -11.04 re f BT 10.079 0 0 10.079 442.77 457.5301 Tm 0 g (\))Tj ET 0.934 g 448.77 466.65 11.28 -11.04 re f BT 10.079 0 0 10.079 448.77 457.5301 Tm 0 g ( )Tj ET 0.934 g 460.29 466.65 11.28 -11.04 re f BT 10.079 0 0 10.079 469.17 457.5301 Tm 0 g ( )Tj ET 0.934 g 471.81 466.65 25.92 -11.04 re f BT 10.079 0 0 10.079 476.85 457.5301 Tm 0 g (\(12.4)Tj ET 0.934 g 497.97 466.65 16.56 -11.04 re f BT 10.079 0 0 10.079 497.97 457.5301 Tm 0 g (\))Tj ET 0.934 g 514.77 466.65 11.28 -11.04 re f BT 10.079 0 0 10.079 514.77 457.5301 Tm 0 g ( )Tj ET 0.934 g 526.29 466.65 11.52 -11.04 re f BT 10.079 0 0 10.079 535.41 457.5301 Tm 0 g ( )Tj ET 0.934 g 538.05 466.65 22.56 -11.04 re f BT 10.079 0 0 10.079 539.73 457.5301 Tm 0 g (\(21.0)Tj ET 0.934 g 560.85 466.65 11.52 -11.04 re f BT 10.079 0 0 10.079 560.85 457.5301 Tm 0 g (\))Tj -51.7192 -1.1192 TD 29.7052 Tc [( )28812.2( )]TJ ET 0.5 g 364.53 450.09 25.92 -0.48 re f BT 10.079 0 0 10.079 390.69 446.2501 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 425.01 450.09 17.52 -0.48 re f BT 10.079 0 0 10.079 442.77 446.2501 Tm 0 g 0.3453 Tc [( )-547.7( )]TJ ET 0.5 g 471.81 450.09 25.92 -0.48 re f BT 10.079 0 0 10.079 497.97 446.2501 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 538.05 450.09 22.56 -0.48 re f BT 10.079 0 0 10.079 560.85 446.2501 Tm 0 g 0 Tc ( )Tj -51.7192 -1.1192 TD -0.0001 Tc 0.0001 Tw [(INCREASE \(DECREASE\) IN CASH AND CASH EQUIVALENTS)-2237.8( )-1535.9($\(123.7)-12.8(\))-1333.9( )-988.2($82.6)-12.3( )-345.3( )-1535.9($\(122.0)-12.8(\))-1333.9( )-1559.7($153.9)-12.4( )]TJ T* 29.7052 Tc 0 Tw [( )28812.2( )]TJ ET 0.5 g 364.53 428.73 25.92 -2.88 re f BT 10.079 0 0 10.079 390.69 423.6901 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 425.01 428.73 17.52 -2.88 re f BT 10.079 0 0 10.079 442.77 423.6901 Tm 0 g 0.3453 Tc [( )-547.7( )]TJ ET 0.5 g 471.81 428.73 25.92 -2.88 re f BT 10.079 0 0 10.079 497.97 423.6901 Tm 0 g 1.4168 Tc [( )523.8( )]TJ ET 0.5 g 538.05 428.73 22.56 -2.88 re f BT 10.079 0 0 10.079 560.85 423.6901 Tm 0 g 0 Tc ( )Tj -25.5262 -2.6907 TD (8)Tj ET endstream endobj 25 0 obj << /Type /Page /Parent 32 0 R /Resources 26 0 R /Contents 27 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 26 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 51 0 R /F6 50 0 R /F12 31 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 27 0 obj << /Length 32557 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -818.88 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 10.079 244.77 951.4501 Tm -0.0001 Tc 0.0001 Tw (CLEVELAND-CLIFFS INC)Tj -7.5483 -2.7384 TD (STATEMENT OF CONSOLIDATED FINANCIAL POSITION)Tj /F12 1 Tf 12 0 0 12 95.73 910.41 Tm 1.15 Tc 0 Tw [( )-280( )-17260( )980( )-500( )1140( )980( )-500( )1140( )980( )-500( )]TJ 7.439 0 0 7.439 95.73 900.3301 Tm 2.0084 Tc [( )-451.6( )-27842.3( )]TJ /F6 1 Tf 45.3929 0.0323 TD 0 Tc (\(In Millions\))Tj /F12 1 Tf -45.3929 -1.1614 TD 2.0084 Tc [( )-451.6( )-27842.3( )]TJ ET 0.5 g 390.21 892.65 126.24 -0.48 re f BT 7.439 0 0 7.439 95.73 882.8101 Tm 0 g [( )-451.6( )-27842.3( )]TJ /F6 1 Tf 39.9406 0.0323 TD 0 Tc (Dec. 31,)Tj /F12 1 Tf 3.8069 -0.0323 TD ( )Tj /F6 1 Tf 2.4842 0.0323 TD (Sept. 30,)Tj /F12 1 Tf 3.936 -0.0323 TD ( )Tj /F6 1 Tf 2.6132 0.0323 TD (Dec. 31,)Tj /F12 1 Tf -52.781 -1.2582 TD 2.0084 Tc [( )-451.6( )-27842.3( )]TJ /F6 1 Tf 40.6181 0.0323 TD 0 Tc (2002)Tj /F12 1 Tf 3.1294 -0.0323 TD ( )Tj /F6 1 Tf 3.2907 0.0323 TD (2002)Tj /F12 1 Tf 3.1294 -0.0323 TD ( )Tj /F6 1 Tf 3.2907 0.0323 TD (2001)Tj /F12 1 Tf -53.4585 -1.1614 TD 2.0084 Tc [( )-451.6( )-27842.3( )]TJ ET 0.5 g 390.21 866.01 30.72 -0.48 re f BT 7.439 0 0 7.439 421.17 865.29 Tm 0 g 0 Tc ( )Tj ET 0.5 g 437.97 866.01 30.72 -0.48 re f BT 7.439 0 0 7.439 468.93 865.29 Tm 0 g ( )Tj ET 0.5 g 485.73 866.01 30.72 -0.48 re f 0.934 g 95.73 863.61 277.44 -11.04 re f BT 10.079 0 0 10.079 216.45 854.4901 Tm 0 g -0.0001 Tc (ASSETS)Tj ET 0.934 g 373.41 863.61 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 854.4901 Tm 0 g 0 Tc ( )Tj ET 0.934 g 390.21 863.61 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 854.4901 Tm 0 g ( )Tj ET 0.934 g 395.25 863.61 22.56 -11.04 re f BT 10.079 0 0 10.079 395.25 854.4901 Tm 0 g ( )Tj ET 0.934 g 418.05 863.61 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 854.4901 Tm 0 g ( )Tj ET 0.934 g 421.17 863.61 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 854.4901 Tm 0 g ( )Tj ET 0.934 g 437.97 863.61 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 854.4901 Tm 0 g ( )Tj ET 0.934 g 443.01 863.61 22.56 -11.04 re f BT 10.079 0 0 10.079 443.01 854.4901 Tm 0 g ( )Tj ET 0.934 g 465.81 863.61 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 854.4901 Tm 0 g ( )Tj ET 0.934 g 468.93 863.61 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 854.4901 Tm 0 g ( )Tj ET 0.934 g 485.73 863.61 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 854.4901 Tm 0 g ( )Tj ET 0.934 g 490.77 863.61 22.56 -11.04 re f BT 10.079 0 0 10.079 490.77 854.4901 Tm 0 g ( )Tj ET 0.934 g 513.57 863.61 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 854.4901 Tm 0 g ( )Tj -41.4563 -1.1191 TD -0.0001 Tc 1.4169 Tw [(CURRENT )1416.8(ASSETS)-19022.1( )1166.8( )-595.3( )1357.2( )1166.8( )-595.3( )1357.2( )1166.8( )-595.3( )]TJ ET 0.934 g 95.73 841.05 16.56 -11.04 re f BT 10.079 0 0 10.079 95.73 831.9301 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 112.53 841.05 260.64 -11.04 re f BT 10.079 0 0 10.079 112.53 831.9301 Tm 0 g (Cash and cash equivalents)Tj ET 0.934 g 373.41 841.05 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 831.9301 Tm 0 g ( )Tj ET 0.934 g 390.21 841.05 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 831.9301 Tm 0 g ($)Tj ET 0.934 g 395.25 841.05 22.56 -11.04 re f BT 10.079 0 0 10.079 400.29 831.9301 Tm 0 g (61.8)Tj ET 0.934 g 418.05 841.05 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 831.9301 Tm 0 g ( )Tj ET 0.934 g 421.17 841.05 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 831.9301 Tm 0 g ( )Tj ET 0.934 g 437.97 841.05 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 831.9301 Tm 0 g ($)Tj ET 0.934 g 443.01 841.05 22.56 -11.04 re f BT 10.079 0 0 10.079 443.01 831.9301 Tm 0 g (185.5)Tj ET 0.934 g 465.81 841.05 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 831.9301 Tm 0 g ( )Tj ET 0.934 g 468.93 841.05 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 831.9301 Tm 0 g ( )Tj ET 0.934 g 485.73 841.05 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 831.9301 Tm 0 g ($)Tj ET 0.934 g 490.77 841.05 22.56 -11.04 re f BT 10.079 0 0 10.079 490.77 831.9301 Tm 0 g (183.8)Tj ET 0.934 g 513.57 841.05 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 831.9301 Tm 0 g ( )Tj -41.4563 -1.1192 TD [( )-1416.8(Trade accounts receivable )]TJ /F2 1 Tf 12.3559 0 TD ()Tj /F12 1 Tf 0.9999 0 TD 1.4168 Tw [( )1416.8(net)-12722.6( )666.7(14.1)-12.2( )1357.2( )666.7(22.0)-12.2( )1357.2( )666.7(19.9)-12.2( )]TJ ET 0.934 g 95.73 818.49 16.56 -11.04 re f BT 10.079 0 0 10.079 95.73 809.37 Tm 0 g 0 Tw ( )Tj ET 0.934 g 112.53 818.49 260.64 -11.04 re f BT 10.079 0 0 10.079 112.53 809.37 Tm 0 g (Receivables from associated companies)Tj ET 0.934 g 373.41 818.49 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 809.37 Tm 0 g ( )Tj ET 0.934 g 390.21 818.49 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 809.37 Tm 0 g ( )Tj ET 0.934 g 395.25 818.49 22.56 -11.04 re f BT 10.079 0 0 10.079 405.33 809.37 Tm 0 g (9.0)Tj ET 0.934 g 418.05 818.49 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 809.37 Tm 0 g ( )Tj ET 0.934 g 421.17 818.49 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 809.37 Tm 0 g ( )Tj ET 0.934 g 437.97 818.49 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 809.37 Tm 0 g ( )Tj ET 0.934 g 443.01 818.49 22.56 -11.04 re f BT 10.079 0 0 10.079 453.09 809.37 Tm 0 g (9.4)Tj ET 0.934 g 465.81 818.49 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 809.37 Tm 0 g ( )Tj ET 0.934 g 468.93 818.49 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 809.37 Tm 0 g ( )Tj ET 0.934 g 485.73 818.49 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 809.37 Tm 0 g ( )Tj ET 0.934 g 490.77 818.49 22.56 -11.04 re f BT 10.079 0 0 10.079 495.81 809.37 Tm 0 g (12.1)Tj ET 0.934 g 513.57 818.49 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 809.37 Tm 0 g ( )Tj -41.4563 -1.1192 TD 1.4168 Tw [( Product )1416.8(Inventories)-18024.1( )1166.8(111.2)-12.3( )1357.2( )666.7(99.1)-12.2( )1357.2( )666.7(84.8)-12.2( )]TJ ET 0.934 g 95.73 795.93 16.56 -11.04 re f BT 10.079 0 0 10.079 95.73 786.8101 Tm 0 g 0 Tw ( )Tj ET 0.934 g 112.53 795.93 260.64 -11.04 re f BT 10.079 0 0 10.079 112.53 786.8101 Tm 0 g (Supplies and other)Tj ET 0.934 g 373.41 795.93 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 786.8101 Tm 0 g ( )Tj ET 0.934 g 390.21 795.93 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 786.8101 Tm 0 g ( )Tj ET 0.934 g 395.25 795.93 22.56 -11.04 re f BT 10.079 0 0 10.079 400.29 786.8101 Tm 0 g (73.2)Tj ET 0.934 g 418.05 795.93 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 786.8101 Tm 0 g ( )Tj ET 0.934 g 421.17 795.93 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 786.8101 Tm 0 g ( )Tj ET 0.934 g 437.97 795.93 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 786.8101 Tm 0 g ( )Tj ET 0.934 g 443.01 795.93 22.56 -11.04 re f BT 10.079 0 0 10.079 448.05 786.8101 Tm 0 g (55.8)Tj ET 0.934 g 465.81 795.93 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 786.8101 Tm 0 g ( )Tj ET 0.934 g 468.93 795.93 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 786.8101 Tm 0 g ( )Tj ET 0.934 g 485.73 795.93 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 786.8101 Tm 0 g ( )Tj ET 0.934 g 490.77 795.93 22.56 -11.04 re f BT 10.079 0 0 10.079 495.81 786.8101 Tm 0 g (29.0)Tj ET 0.934 g 513.57 795.93 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 786.8101 Tm 0 g ( )Tj -41.4563 -1.1192 TD [( )-1416.8(Deferred and refundable income taxes)-10612.8( )-1416.8( )-1250.1(1.5)-12.1( )-59.6( )-1416.8( )-1250.1(4.4)-12.1( )-59.6( )-1416.8( )-750.1(20.9)-12.2( )]TJ ET 0.934 g 95.73 773.37 16.56 -11.04 re f BT 10.079 0 0 10.079 95.73 764.25 Tm 0 g ( )Tj ET 0.934 g 112.53 773.37 260.64 -11.04 re f BT 10.079 0 0 10.079 112.53 764.25 Tm 0 g (Other)Tj ET 0.934 g 373.41 773.37 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 764.25 Tm 0 g ( )Tj ET 0.934 g 390.21 773.37 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 764.25 Tm 0 g ( )Tj ET 0.934 g 395.25 773.37 22.56 -11.04 re f BT 10.079 0 0 10.079 400.29 764.25 Tm 0 g (29.7)Tj ET 0.934 g 418.05 773.37 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 764.25 Tm 0 g ( )Tj ET 0.934 g 421.17 773.37 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 764.25 Tm 0 g ( )Tj ET 0.934 g 437.97 773.37 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 764.25 Tm 0 g ( )Tj ET 0.934 g 443.01 773.37 22.56 -11.04 re f BT 10.079 0 0 10.079 448.05 764.25 Tm 0 g (12.8)Tj ET 0.934 g 465.81 773.37 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 764.25 Tm 0 g ( )Tj ET 0.934 g 468.93 773.37 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 764.25 Tm 0 g ( )Tj ET 0.934 g 485.73 773.37 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 764.25 Tm 0 g ( )Tj ET 0.934 g 490.77 773.37 22.56 -11.04 re f BT 10.079 0 0 10.079 495.81 764.25 Tm 0 g (12.2)Tj ET 0.934 g 513.57 773.37 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 764.25 Tm 0 g ( )Tj -41.4563 -1.1191 TD 27.3002 Tc [( )25883.4( )]TJ ET 0.5 g 395.25 756.81 22.56 -0.48 re f BT 10.079 0 0 10.079 418.05 752.97 Tm 0 g 0.0596 Tc [( )-1357.2( )]TJ ET 0.5 g 443.01 756.81 22.56 -0.48 re f BT 10.079 0 0 10.079 465.81 752.97 Tm 0 g [( )-1357.2( )]TJ ET 0.5 g 490.77 756.81 22.56 -0.48 re f BT 10.079 0 0 10.079 513.5699 752.97 Tm 0 g 0 Tc ( )Tj -41.4563 -1.1191 TD -0.0001 Tc 1.4169 Tw [( )-12144(TOTAL )1416.8(CURRENT )1416.8(ASSETS)-17.7( )1166.8(300.5)-12.4( )1357.2( )1166.8(389.0)-12.4( )1357.2( )1166.8(362.7)-12.4( )]TJ ET 0.934 g 95.73 739.53 277.44 -11.04 re f BT 10.079 0 0 10.079 95.73 730.41 Tm 0 g 0 Tw (PROPERTIES )Tj /F2 1 Tf 6.1394 0 TD 0 Tc ()Tj /F12 1 Tf 0.9999 0 TD -0.0001 Tc 0.0001 Tw ( NET)Tj ET 0.934 g 373.41 739.53 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 730.41 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 390.21 739.53 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 730.41 Tm 0 g ( )Tj ET 0.934 g 395.25 739.53 22.56 -11.04 re f BT 10.079 0 0 10.079 395.25 730.41 Tm 0 g (278.9)Tj ET 0.934 g 418.05 739.53 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 730.41 Tm 0 g ( )Tj ET 0.934 g 421.17 739.53 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 730.41 Tm 0 g ( )Tj ET 0.934 g 437.97 739.53 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 730.41 Tm 0 g ( )Tj ET 0.934 g 443.01 739.53 22.56 -11.04 re f BT 10.079 0 0 10.079 443.01 730.41 Tm 0 g (278.2)Tj ET 0.934 g 465.81 739.53 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 730.41 Tm 0 g ( )Tj ET 0.934 g 468.93 739.53 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 730.41 Tm 0 g ( )Tj ET 0.934 g 485.73 739.53 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 730.41 Tm 0 g ( )Tj ET 0.934 g 490.77 739.53 22.56 -11.04 re f BT 10.079 0 0 10.079 490.77 730.41 Tm 0 g (260.3)Tj ET 0.934 g 513.57 739.53 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 730.41 Tm 0 g ( )Tj -41.4563 -1.1192 TD -0.0001 Tc 0.0001 Tw [(INVESTMENTS IN ASSOCIATED IRON ORE VENTURES)-2415.6( )-1416.8( )-1250.1(1.5)-12.2( )-59.6( )-1416.8( )-750.1(14.1)-12.3( )-59.6( )-1416.8( )-250(131.7)-12.4( )]TJ ET 0.934 g 95.73 716.97 277.44 -11.04 re f BT 10.079 0 0 10.079 95.73 707.8501 Tm 0 g (LONG-TERM RECEIVABLES)Tj ET 0.934 g 373.41 716.97 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 707.8501 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 390.21 716.97 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 707.8501 Tm 0 g ( )Tj ET 0.934 g 395.25 716.97 22.56 -11.04 re f BT 10.079 0 0 10.079 400.29 707.8501 Tm 0 g (63.9)Tj ET 0.934 g 418.05 716.97 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 707.8501 Tm 0 g ( )Tj ET 0.934 g 421.17 716.97 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 707.8501 Tm 0 g ( )Tj ET 0.934 g 437.97 716.97 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 707.8501 Tm 0 g ( )Tj ET 0.934 g 443.01 716.97 22.56 -11.04 re f BT 10.079 0 0 10.079 443.01 707.8501 Tm 0 g ( )Tj ET 0.934 g 465.81 716.97 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 707.8501 Tm 0 g ( )Tj ET 0.934 g 468.93 716.97 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 707.8501 Tm 0 g ( )Tj ET 0.934 g 485.73 716.97 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 707.8501 Tm 0 g ( )Tj ET 0.934 g 490.77 716.97 22.56 -11.04 re f BT 10.079 0 0 10.079 490.77 707.8501 Tm 0 g ( )Tj ET 0.934 g 513.57 716.97 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 707.8501 Tm 0 g ( )Tj -41.4563 -1.1192 TD 1.4168 Tw [(OTHER )1416.8(ASSETS)-20355.8( )666.7(85.3)-12.2( )1357.2( )1166.8(111.6)-12.3( )1357.2( )666.7(70.3)-12.2( )]TJ T* 27.3002 Tc 0 Tw [( )25883.4( )]TJ ET 0.5 g 395.25 689.13 22.56 -0.48 re f BT 10.079 0 0 10.079 418.05 685.29 Tm 0 g 0.0596 Tc [( )-1357.2( )]TJ ET 0.5 g 443.01 689.13 22.56 -0.48 re f BT 10.079 0 0 10.079 465.81 685.29 Tm 0 g [( )-1357.2( )]TJ ET 0.5 g 490.77 689.13 22.56 -0.48 re f BT 10.079 0 0 10.079 513.5699 685.29 Tm 0 g 0 Tc ( )Tj ET 0.934 g 95.73 683.13 16.56 -11.04 re f BT 10.079 0 0 10.079 95.73 674.0101 Tm 0 g ( )Tj ET 0.934 g 112.53 683.13 16.56 -11.04 re f BT 10.079 0 0 10.079 112.53 674.0101 Tm 0 g ( )Tj ET 0.934 g 129.33 683.13 243.84 -11.04 re f BT 10.079 0 0 10.079 301.41 674.0101 Tm 0 g -0.0001 Tc 0.0001 Tw (TOTAL ASSETS)Tj ET 0.934 g 373.41 683.13 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 674.0101 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 390.21 683.13 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 674.0101 Tm 0 g ($)Tj ET 0.934 g 395.25 683.13 22.56 -11.04 re f BT 10.079 0 0 10.079 395.25 674.0101 Tm 0 g (730.1)Tj ET 0.934 g 418.05 683.13 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 674.0101 Tm 0 g ( )Tj ET 0.934 g 421.17 683.13 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 674.0101 Tm 0 g ( )Tj ET 0.934 g 437.97 683.13 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 674.0101 Tm 0 g ($)Tj ET 0.934 g 443.01 683.13 22.56 -11.04 re f BT 10.079 0 0 10.079 443.01 674.0101 Tm 0 g (792.9)Tj ET 0.934 g 465.81 683.13 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 674.0101 Tm 0 g ( )Tj ET 0.934 g 468.93 683.13 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 674.0101 Tm 0 g ( )Tj ET 0.934 g 485.73 683.13 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 674.0101 Tm 0 g ($)Tj ET 0.934 g 490.77 683.13 22.56 -11.04 re f BT 10.079 0 0 10.079 490.77 674.0101 Tm 0 g (825.0)Tj ET 0.934 g 513.57 683.13 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 674.0101 Tm 0 g ( )Tj -41.4563 -1.1192 TD 27.3002 Tc [( )25883.4( )]TJ ET 0.5 g 395.25 667.77 22.56 -2.88 re f BT 10.079 0 0 10.079 418.05 662.73 Tm 0 g 0.0596 Tc [( )-1357.2( )]TJ ET 0.5 g 443.01 667.77 22.56 -2.88 re f BT 10.079 0 0 10.079 465.81 662.73 Tm 0 g [( )-1357.2( )]TJ ET 0.5 g 490.77 667.77 22.56 -2.88 re f BT 10.079 0 0 10.079 513.5699 662.73 Tm 0 g 0 Tc ( )Tj -37.9798 -1.1192 TD -0.0001 Tc 0.0001 Tw (LIABILITIES AND SHAREHOLDERS)Tj /F2 1 Tf 16.2745 0 TD 0 Tc 0 Tw ()Tj /F12 1 Tf 0.333 0 TD -0.0001 Tc 1.4169 Tw [( )1416.8(EQUITY)-3495.6( )1166.8( )-595.3( )1357.2( )1166.8( )-595.3( )1357.2( )1166.8( )-595.3( )]TJ ET 0.934 g 95.73 649.29 277.44 -11.04 re f BT 10.079 0 0 10.079 95.73 640.17 Tm 0 g 0.0001 Tw (CURRENT LIABILITIES)Tj ET 0.934 g 373.41 649.29 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 640.17 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 390.21 649.29 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 640.17 Tm 0 g ( )Tj ET 0.934 g 395.25 649.29 22.56 -11.04 re f BT 10.079 0 0 10.079 395.25 640.17 Tm 0 g ( )Tj ET 0.934 g 418.05 649.29 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 640.17 Tm 0 g ( )Tj ET 0.934 g 421.17 649.29 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 640.17 Tm 0 g ( )Tj ET 0.934 g 437.97 649.29 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 640.17 Tm 0 g ( )Tj ET 0.934 g 443.01 649.29 22.56 -11.04 re f BT 10.079 0 0 10.079 443.01 640.17 Tm 0 g ( )Tj ET 0.934 g 465.81 649.29 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 640.17 Tm 0 g ( )Tj ET 0.934 g 468.93 649.29 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 640.17 Tm 0 g ( )Tj ET 0.934 g 485.73 649.29 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 640.17 Tm 0 g ( )Tj ET 0.934 g 490.77 649.29 22.56 -11.04 re f BT 10.079 0 0 10.079 490.77 640.17 Tm 0 g ( )Tj ET 0.934 g 513.57 649.29 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 640.17 Tm 0 g ( )Tj -41.4563 -1.1192 TD [( )-1416.8(Borrowings under revolving credit facility)-8942.9( )-1416.8($ )-2012.1( )-59.6( )-1416.8($100.0)-12.3( )-59.6( )-1416.8($100.0)-12.3( )]TJ ET 0.934 g 95.73 626.73 16.56 -11.04 re f BT 10.079 0 0 10.079 95.73 617.61 Tm 0 g ( )Tj ET 0.934 g 112.53 626.73 260.64 -11.04 re f BT 10.079 0 0 10.079 112.53 617.61 Tm 0 g (Current portion of long-term debt)Tj ET 0.934 g 373.41 626.73 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 617.61 Tm 0 g ( )Tj ET 0.934 g 390.21 626.73 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 617.61 Tm 0 g ( )Tj ET 0.934 g 395.25 626.73 22.56 -11.04 re f BT 10.079 0 0 10.079 400.29 617.61 Tm 0 g (20.0)Tj ET 0.934 g 418.05 626.73 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 617.61 Tm 0 g ( )Tj ET 0.934 g 421.17 626.73 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 617.61 Tm 0 g ( )Tj ET 0.934 g 437.97 626.73 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 617.61 Tm 0 g ( )Tj ET 0.934 g 443.01 626.73 22.56 -11.04 re f BT 10.079 0 0 10.079 443.01 617.61 Tm 0 g ( )Tj ET 0.934 g 465.81 626.73 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 617.61 Tm 0 g ( )Tj ET 0.934 g 468.93 626.73 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 617.61 Tm 0 g ( )Tj ET 0.934 g 485.73 626.73 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 617.61 Tm 0 g ( )Tj ET 0.934 g 490.77 626.73 22.56 -11.04 re f BT 10.079 0 0 10.079 490.77 617.61 Tm 0 g ( )Tj ET 0.934 g 513.57 626.73 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 617.61 Tm 0 g ( )Tj -41.4563 -1.1192 TD [( )-1416.8(Accounts payable and accrued expenses)-9834.8( )-1416.8( )-250(170.7)-12.3( )-59.6( )-1416.8( )-250(135.2)-12.3( )-59.6( )-1416.8( )-750.1(73.8)-12.2( )]TJ ET 0.934 g 95.73 604.17 16.56 -11.04 re f BT 10.079 0 0 10.079 95.73 595.05 Tm 0 g ( )Tj ET 0.934 g 112.53 604.17 260.64 -11.04 re f BT 10.079 0 0 10.079 112.53 595.05 Tm 0 g (Payables to associated companies)Tj ET 0.934 g 373.41 604.17 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 595.05 Tm 0 g ( )Tj ET 0.934 g 390.21 604.17 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 595.05 Tm 0 g ( )Tj ET 0.934 g 395.25 604.17 22.56 -11.04 re f BT 10.079 0 0 10.079 400.29 595.05 Tm 0 g (14.1)Tj ET 0.934 g 418.05 604.17 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 595.05 Tm 0 g ( )Tj ET 0.934 g 421.17 604.17 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 595.05 Tm 0 g ( )Tj ET 0.934 g 437.97 604.17 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 595.05 Tm 0 g ( )Tj ET 0.934 g 443.01 604.17 22.56 -11.04 re f BT 10.079 0 0 10.079 448.05 595.05 Tm 0 g (10.8)Tj ET 0.934 g 465.81 604.17 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 595.05 Tm 0 g ( )Tj ET 0.934 g 468.93 604.17 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 595.05 Tm 0 g ( )Tj ET 0.934 g 485.73 604.17 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 595.05 Tm 0 g ( )Tj ET 0.934 g 490.77 604.17 22.56 -11.04 re f BT 10.079 0 0 10.079 495.81 595.05 Tm 0 g (16.0)Tj ET 0.934 g 513.57 604.17 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 595.05 Tm 0 g ( )Tj -41.4563 -1.1191 TD 27.3002 Tc [( )25883.4( )]TJ ET 0.5 g 395.25 587.61 22.56 -0.48 re f BT 10.079 0 0 10.079 418.05 583.7701 Tm 0 g 0.0596 Tc [( )-1357.2( )]TJ ET 0.5 g 443.01 587.61 22.56 -0.48 re f BT 10.079 0 0 10.079 465.81 583.7701 Tm 0 g [( )-1357.2( )]TJ ET 0.5 g 490.77 587.61 22.56 -0.48 re f BT 10.079 0 0 10.079 513.5699 583.7701 Tm 0 g 0 Tc ( )Tj -41.4563 -1.1192 TD -0.0001 Tc 1.4169 Tw [( )-10001(TOTAL )1416.8(CURRENT )1416.8(LIABILITIES)-52( )1166.8(204.8)-12.4( )1357.2( )1166.8(246.0)-12.4( )1357.2( )1166.8(189.8)-12.4( )]TJ ET 0.934 g 95.73 570.33 277.44 -11.04 re f BT 10.079 0 0 10.079 95.73 561.2101 Tm 0 g 0.0001 Tw (LONG-TERM DEBT)Tj ET 0.934 g 373.41 570.33 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 561.2101 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 390.21 570.33 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 561.2101 Tm 0 g ( )Tj ET 0.934 g 395.25 570.33 22.56 -11.04 re f BT 10.079 0 0 10.079 400.29 561.2101 Tm 0 g (35.0)Tj ET 0.934 g 418.05 570.33 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 561.2101 Tm 0 g ( )Tj ET 0.934 g 421.17 570.33 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 561.2101 Tm 0 g ( )Tj ET 0.934 g 437.97 570.33 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 561.2101 Tm 0 g ( )Tj ET 0.934 g 443.01 570.33 22.56 -11.04 re f BT 10.079 0 0 10.079 448.05 561.2101 Tm 0 g (70.0)Tj ET 0.934 g 465.81 570.33 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 561.2101 Tm 0 g ( )Tj ET 0.934 g 468.93 570.33 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 561.2101 Tm 0 g ( )Tj ET 0.934 g 485.73 570.33 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 561.2101 Tm 0 g ( )Tj ET 0.934 g 490.77 570.33 22.56 -11.04 re f BT 10.079 0 0 10.079 495.81 561.2101 Tm 0 g (70.0)Tj ET 0.934 g 513.57 570.33 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 561.2101 Tm 0 g ( )Tj -41.4563 -1.1192 TD -0.0001 Tc 0.0001 Tw [(PENSIONS, INCLUDING MINIMUM PENSION LIABILITY)-2028.6( )-1416.8( )-250(151.3)-12.4( )-59.6( )-1416.8( )-750.1(10.0)-12.3( )-59.6( )-1416.8( )-1250.1(3.4)-12.2( )]TJ ET 0.934 g 95.73 547.77 277.44 -11.04 re f BT 10.079 0 0 10.079 95.73 538.6501 Tm 0 g (OTHER POST-RETIREMENT BENEFITS)Tj ET 0.934 g 373.41 547.77 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 538.6501 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 390.21 547.77 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 538.6501 Tm 0 g ( )Tj ET 0.934 g 395.25 547.77 22.56 -11.04 re f BT 10.079 0 0 10.079 395.25 538.6501 Tm 0 g (109.1)Tj ET 0.934 g 418.05 547.77 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 538.6501 Tm 0 g ( )Tj ET 0.934 g 421.17 547.77 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 538.6501 Tm 0 g ( )Tj ET 0.934 g 437.97 547.77 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 538.6501 Tm 0 g ( )Tj ET 0.934 g 443.01 547.77 22.56 -11.04 re f BT 10.079 0 0 10.079 448.05 538.6501 Tm 0 g (89.0)Tj ET 0.934 g 465.81 547.77 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 538.6501 Tm 0 g ( )Tj ET 0.934 g 468.93 547.77 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 538.6501 Tm 0 g ( )Tj ET 0.934 g 485.73 547.77 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 538.6501 Tm 0 g ( )Tj ET 0.934 g 490.77 547.77 22.56 -11.04 re f BT 10.079 0 0 10.079 495.81 538.6501 Tm 0 g (65.8)Tj ET 0.934 g 513.57 547.77 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 538.6501 Tm 0 g ( )Tj -41.4563 -1.1192 TD -0.0001 Tc 0.0001 Tw [(ENVIRONMENTAL AND CLOSURE OBLIGATIONS)-4694.4( )-1416.8( )-750.1(84.7)-12.3( )-59.6( )-1416.8( )-750.1(57.5)-12.3( )-59.6( )-1416.8( )-750.1(59.2)-12.3( )]TJ ET 0.934 g 95.73 525.21 277.44 -11.04 re f BT 10.079 0 0 10.079 95.73 516.0901 Tm 0 g (OTHER LIABILITIES)Tj ET 0.934 g 373.41 525.21 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 516.0901 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 390.21 525.21 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 516.0901 Tm 0 g ( )Tj ET 0.934 g 395.25 525.21 22.56 -11.04 re f BT 10.079 0 0 10.079 400.29 516.0901 Tm 0 g (46.0)Tj ET 0.934 g 418.05 525.21 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 516.0901 Tm 0 g ( )Tj ET 0.934 g 421.17 525.21 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 516.0901 Tm 0 g ( )Tj ET 0.934 g 437.97 525.21 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 516.0901 Tm 0 g ( )Tj ET 0.934 g 443.01 525.21 22.56 -11.04 re f BT 10.079 0 0 10.079 448.05 516.0901 Tm 0 g (22.5)Tj ET 0.934 g 465.81 525.21 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 516.0901 Tm 0 g ( )Tj ET 0.934 g 468.93 525.21 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 516.0901 Tm 0 g ( )Tj ET 0.934 g 485.73 525.21 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 516.0901 Tm 0 g ( )Tj ET 0.934 g 490.77 525.21 22.56 -11.04 re f BT 10.079 0 0 10.079 495.81 516.0901 Tm 0 g (36.7)Tj ET 0.934 g 513.57 525.21 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 516.0901 Tm 0 g ( )Tj -41.4563 -1.1192 TD 27.3002 Tc [( )25883.4( )]TJ ET 0.5 g 395.25 508.65 22.56 -0.48 re f BT 10.079 0 0 10.079 418.05 504.8101 Tm 0 g 0.0596 Tc [( )-1357.2( )]TJ ET 0.5 g 443.01 508.65 22.56 -0.48 re f BT 10.079 0 0 10.079 465.81 504.8101 Tm 0 g [( )-1357.2( )]TJ ET 0.5 g 490.77 508.65 22.56 -0.48 re f BT 10.079 0 0 10.079 513.5699 504.8101 Tm 0 g 0 Tc ( )Tj -41.4563 -1.1192 TD 1.4168 Tw [( )-25883.4( )1166.8(630.9)-12.3( )1357.2( )1166.8(495.0)-12.3( )1357.2( )1166.8(424.9)-12.3( )]TJ ET 0.934 g 95.73 491.37 277.44 -11.04 re f BT 10.079 0 0 10.079 95.73 482.2501 Tm 0 g -0.0001 Tc 0.0001 Tw (MINORITY INTEREST)Tj ET 0.934 g 373.41 491.37 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 482.2501 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 390.21 491.37 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 482.2501 Tm 0 g ( )Tj ET 0.934 g 395.25 491.37 22.56 -11.04 re f BT 10.079 0 0 10.079 415.41 482.2501 Tm 0 g ( )Tj ET 0.934 g 418.05 491.37 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 482.2501 Tm 0 g ( )Tj ET 0.934 g 421.17 491.37 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 482.2501 Tm 0 g ( )Tj ET 0.934 g 437.97 491.37 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 482.2501 Tm 0 g ( )Tj ET 0.934 g 443.01 491.37 22.56 -11.04 re f BT 10.079 0 0 10.079 463.17 482.2501 Tm 0 g ( )Tj ET 0.934 g 465.81 491.37 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 482.2501 Tm 0 g ( )Tj ET 0.934 g 468.93 491.37 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 482.2501 Tm 0 g ( )Tj ET 0.934 g 485.73 491.37 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 482.2501 Tm 0 g ( )Tj ET 0.934 g 490.77 491.37 22.56 -11.04 re f BT 10.079 0 0 10.079 490.77 482.2501 Tm 0 g ( )Tj ET 0.934 g 513.57 491.37 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 482.2501 Tm 0 g ( )Tj -41.4563 -1.1192 TD 1.4168 Tw [( Iron )1416.8(ore )1416.8(venture)-19442( )666.7(19.9)-12.2( )1357.2( )666.7(25.7)-12.2( )1357.2( )1166.8( )-595.3( )]TJ ET 0.934 g 95.73 468.81 16.56 -11.04 re f BT 10.079 0 0 10.079 95.73 459.6901 Tm 0 g 0 Tw ( )Tj ET 0.934 g 112.53 468.81 260.64 -11.04 re f BT 10.079 0 0 10.079 112.53 459.6901 Tm 0 g (Discontinued operation)Tj ET 0.934 g 373.41 468.81 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 459.6901 Tm 0 g ( )Tj ET 0.934 g 390.21 468.81 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 459.6901 Tm 0 g ( )Tj ET 0.934 g 395.25 468.81 22.56 -11.04 re f BT 10.079 0 0 10.079 395.25 459.6901 Tm 0 g ( )Tj ET 0.934 g 418.05 468.81 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 459.6901 Tm 0 g ( )Tj ET 0.934 g 421.17 468.81 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 459.6901 Tm 0 g ( )Tj ET 0.934 g 437.97 468.81 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 459.6901 Tm 0 g ( )Tj ET 0.934 g 443.01 468.81 22.56 -11.04 re f BT 10.079 0 0 10.079 443.01 459.6901 Tm 0 g ( )Tj ET 0.934 g 465.81 468.81 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 459.6901 Tm 0 g ( )Tj ET 0.934 g 468.93 468.81 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 459.6901 Tm 0 g ( )Tj ET 0.934 g 485.73 468.81 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 459.6901 Tm 0 g ( )Tj ET 0.934 g 490.77 468.81 22.56 -11.04 re f BT 10.079 0 0 10.079 495.81 459.6901 Tm 0 g (25.9)Tj ET 0.934 g 513.57 468.81 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 459.6901 Tm 0 g ( )Tj -41.4563 -1.1192 TD -0.0001 Tc (SHAREHOLDERS)Tj /F2 1 Tf 7.8883 0 TD 0 Tc ()Tj /F12 1 Tf 0.333 0 TD 1.4168 Tw [( )1416.8(EQUITY)-15358.3( )666.7(79.3)-12.2( )1357.2( )1166.8(272.2)-12.3( )1357.2( )1166.8(374.2)-12.3( )]TJ -8.2213 -1.1192 TD 27.3002 Tc 0 Tw [( )25883.4( )]TJ ET 0.5 g 395.25 440.97 22.56 -0.48 re f BT 10.079 0 0 10.079 418.05 437.1301 Tm 0 g 0.0596 Tc [( )-1357.2( )]TJ ET 0.5 g 443.01 440.97 22.56 -0.48 re f BT 10.079 0 0 10.079 465.81 437.1301 Tm 0 g [( )-1357.2( )]TJ ET 0.5 g 490.77 440.97 22.56 -0.48 re f BT 10.079 0 0 10.079 513.5699 437.1301 Tm 0 g 0 Tc ( )Tj ET 0.934 g 95.73 434.97 16.56 -11.04 re f BT 10.079 0 0 10.079 95.73 425.8501 Tm 0 g ( )Tj ET 0.934 g 112.53 434.97 16.56 -11.04 re f BT 10.079 0 0 10.079 112.53 425.8501 Tm 0 g ( )Tj ET 0.934 g 129.33 434.97 243.84 -11.04 re f BT 10.079 0 0 10.079 130.29 425.8501 Tm 0 g -0.0001 Tc 0.0001 Tw (TOTAL LIABILITIES AND SHAREHOLDERS)Tj /F2 1 Tf 19.8012 0 TD 0 Tc 0 Tw ()Tj /F12 1 Tf 0.333 0 TD -0.0001 Tc 0.0001 Tw ( EQUITY)Tj ET 0.934 g 373.41 434.97 16.56 -11.04 re f BT 10.079 0 0 10.079 373.41 425.8501 Tm 0 g 0 Tc 0 Tw ( )Tj ET 0.934 g 390.21 434.97 4.8 -11.04 re f BT 10.079 0 0 10.079 390.21 425.8501 Tm 0 g ($)Tj ET 0.934 g 395.25 434.97 22.56 -11.04 re f BT 10.079 0 0 10.079 395.25 425.8501 Tm 0 g (730.1)Tj ET 0.934 g 418.05 434.97 2.88 -11.04 re f BT 10.079 0 0 10.079 418.05 425.8501 Tm 0 g ( )Tj ET 0.934 g 421.17 434.97 16.56 -11.04 re f BT 10.079 0 0 10.079 421.17 425.8501 Tm 0 g ( )Tj ET 0.934 g 437.97 434.97 4.8 -11.04 re f BT 10.079 0 0 10.079 437.97 425.8501 Tm 0 g ($)Tj ET 0.934 g 443.01 434.97 22.56 -11.04 re f BT 10.079 0 0 10.079 443.01 425.8501 Tm 0 g (792.9)Tj ET 0.934 g 465.81 434.97 2.88 -11.04 re f BT 10.079 0 0 10.079 465.81 425.8501 Tm 0 g ( )Tj ET 0.934 g 468.93 434.97 16.56 -11.04 re f BT 10.079 0 0 10.079 468.93 425.8501 Tm 0 g ( )Tj ET 0.934 g 485.73 434.97 4.8 -11.04 re f BT 10.079 0 0 10.079 485.73 425.8501 Tm 0 g ($)Tj ET 0.934 g 490.77 434.97 22.56 -11.04 re f BT 10.079 0 0 10.079 490.77 425.8501 Tm 0 g (825.0)Tj ET 0.934 g 513.57 434.97 2.88 -11.04 re f BT 10.079 0 0 10.079 513.5699 425.8501 Tm 0 g ( )Tj -41.4563 -1.1192 TD 27.3002 Tc [( )25883.4( )]TJ ET 0.5 g 395.25 419.61 22.56 -2.88 re f BT 10.079 0 0 10.079 418.05 414.5701 Tm 0 g 0.0596 Tc [( )-1357.2( )]TJ ET 0.5 g 443.01 419.61 22.56 -2.88 re f BT 10.079 0 0 10.079 465.81 414.5701 Tm 0 g [( )-1357.2( )]TJ ET 0.5 g 490.77 419.61 22.56 -2.88 re f BT 10.079 0 0 10.079 513.5699 414.5701 Tm 0 g 0 Tc ( )Tj /F6 1 Tf -48.4094 -2.5955 TD (Notes to Unaudited Financial Statements )Tj ET 0.5 g 25.65 369.93 100.8 -0.48 re f BT /F12 1 Tf 10.079 0 0 10.079 25.65 358.4101 Tm 0 g [(1.)-12( )-1321.6( On January 31, 2002, Cliffs acquired Algoma Steel)]TJ /F2 1 Tf 24.8565 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s 45 percent interest in the Tilden Mine, which increased Cliffs)Tj /F2 1 Tf 25.2437 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( )Tj -48.4326 -1.1192 TD (ownership of Tilden from 40 percent to 85 percent. As a result of this transaction, Tilden became a consolidated subsidiary of )Tj T* (Cliffs. On December 31, 2002, Cliffs acquired LTV)Tj /F2 1 Tf 20.7721 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s 25 percent interest in the Empire Mine and a 19 percent interest owned by )Tj -21.1051 -1.1192 TD (Is)Tj ET q 49.17 333.69 537.6 -11.28 re W* n BT 10.079 0 0 10.079 56.4464 324.5701 Tm (p)Tj ET Q BT 10.079 0 0 10.079 61.4855 324.5701 Tm (at Inland Inc. in the Em)Tj ET q 49.17 333.69 537.6 -11.28 re W* n BT 10.079 0 0 10.079 156.6532 324.5701 Tm (p)Tj ET Q BT 10.079 0 0 10.079 161.6923 324.5701 Tm (ire Mine, which increased Cliffs)Tj /F2 1 Tf 12.9128 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( ownershi)Tj ET q 49.17 333.69 537.6 -11.28 re W* n BT 10.079 0 0 10.079 334.6631 324.5701 Tm (p)Tj ET Q BT 10.079 0 0 10.079 339.7022 324.5701 Tm ( of Em)Tj ET q 49.17 333.69 537.6 -11.28 re W* n BT 10.079 0 0 10.079 367.1349 324.5701 Tm (p)Tj ET Q BT 10.079 0 0 10.079 372.1739 324.5701 Tm (ire to 79 )Tj ET q 49.17 333.69 537.6 -11.28 re W* n BT 10.079 0 0 10.079 408.2838 324.5701 Tm (p)Tj ET Q BT 10.079 0 0 10.079 413.3229 324.5701 Tm (ercent. A subsidiar)Tj ET q 49.17 333.69 537.6 -11.28 re W* n BT 10.079 0 0 10.079 489.1709 324.5701 Tm (y)Tj ET Q BT 10.079 0 0 10.079 494.2099 324.5701 Tm ( of Is)Tj ET q 49.17 333.69 537.6 -11.28 re W* n BT 10.079 0 0 10.079 514.9205 324.5701 Tm (p)Tj ET Q BT 10.079 0 0 10.079 519.9595 324.5701 Tm (at Inland owns )Tj -46.7098 -1.1192 TD (the remaining 21 percent. As a result of this transaction, Empire became a consolidated subsidiary of Cliffs. In comparing the )Tj T* (consolidated statement of financial position at December 31, 2002 and 2001, there are significant changes that are mainly due t)Tj 50.8474 0 TD (o )Tj -50.8474 -1.1192 TD (the consolidation of Tilden and Empire versus accounting for Tilden and Empire by the equity method. Increases to sales revenue)Tj 51.8753 0 TD ( )Tj -51.8753 -1.1192 TD (and cost of goods sold include Tilden cost reimbursement from minority interest in 2002.)Tj -2.3336 -1.1192 TD ( )Tj T* [(2.)-12( )-1321.6( Royalties and fees paid by Cliffs as a partner in the mines, which were previously reported in both revenues and cost)]TJ 50.7652 0 TD ( of goods )Tj -48.4316 -1.1192 TD (sold and operating expenses, have been eliminated. There was no impact on financial results.)Tj -2.3336 -1.1192 TD ( )Tj T* [(3.)-12( )-1321.6( In management)]TJ /F2 1 Tf 10.2758 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s opinion, the unaudited financial statements present fairly the Company)Tj /F2 1 Tf 28.9944 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s financial position and results. All )Tj -37.6026 -1.1192 TD (supplementary information required by generally accepted accounting principles for complete financial statements has not been )Tj T* (included. For further information, please refer to the Company)Tj /F2 1 Tf 25.0487 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s latest Annual Report. )Tj -0.1412 -2.6907 TD (9)Tj ET endstream endobj 28 0 obj << /Type /Page /Parent 34 0 R /Resources 29 0 R /Contents 30 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 29 0 obj << /ProcSet [ /PDF /Text ] /Font << /F6 50 0 R /F12 31 0 R >> /ExtGState << /GS1 55 0 R >> >> endobj 30 0 obj << /Length 1284 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -971.76 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 10.079 276.45 951.4501 Tm -0.0001 Tc (SIGNATURE)Tj /F12 1 Tf -24.8833 -2.5717 TD 0 Tc ( Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be )Tj 49.8495 0 TD (signed on its )Tj -49.8495 -1.1192 TD (behalf by the undersigned, hereunto duly authorized. )Tj 12 0 0 12 25.65 901.29 Tm 0.61 Tc [( )-18700( )-360( )]TJ 10.079 0 0 10.079 25.65 889.53 Tm 0 Tc ( )Tj 23.2879 -0.1191 TD ( )Tj /F6 1 Tf 1.0239 0.0476 TD -0.0001 Tc 0.0001 Tw (CLEVELAND-CLIFFS INC)Tj /F12 1 Tf -24.3118 -1.1668 TD 0.7739 Tc 0 Tw [( )-22264( )-428.6( )]TJ 0 -1.1192 TD [( )-22264( )-428.6( )]TJ T* 0 Tc [( )-23037.9( )-773.9(By:)-7.6( )-773.9(/s/ C. B. Bezik)]TJ T* 23.0379 Tc [( )22264( )21835.4( )]TJ ET 0.5 g 295.65 850.65 290.88 -0.48 re f BT 10.079 0 0 10.079 25.65 831.9301 Tm 0 g 0 Tc ( )Tj 23.2879 -1.1192 TD ( )Tj 1.0239 1.1192 TD ( )Tj 1.4525 -1.1192 TD ( )Tj 1.0239 1.1192 TD (Name: C. B. Bezik)Tj 0 -1.1192 TD (Title: Senior Vice President-Finance)Tj -26.7883 -1.1192 TD [(Dated: January 30, 2003)-12762.8( )-773.9( )-1202.5( )-773.9( )]TJ 27.3359 -2.6907 TD (10)Tj ET endstream endobj 31 0 obj << /Type /Font /Subtype /Type1 /FirstChar 32 /LastChar 181 /Widths [ 250 333 408 500 500 833 778 180 333 333 500 564 250 333 250 278 500 500 500 500 500 500 500 500 500 500 278 278 564 564 564 444 921 722 667 667 722 611 556 722 722 333 389 722 611 889 722 722 556 722 667 556 611 722 722 944 722 722 611 333 278 333 469 500 333 444 500 444 500 444 333 500 500 278 278 500 278 778 500 500 500 500 333 389 278 500 500 722 500 500 444 480 200 480 541 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 500 500 250 250 250 250 250 760 250 250 250 250 250 250 250 564 250 250 250 500 ] /Encoding /WinAnsiEncoding /BaseFont /OIOCFK+Times-Roman /FontDescriptor 52 0 R >> endobj 32 0 obj << /Type /Pages /Kids [ 48 0 R 1 0 R 4 0 R 7 0 R 10 0 R 13 0 R 16 0 R 19 0 R 22 0 R 25 0 R ] /Count 10 /Parent 33 0 R >> endobj 33 0 obj << /Type /Pages /Kids [ 32 0 R 34 0 R ] /Count 11 >> endobj 34 0 obj << /Type /Pages /Kids [ 28 0 R ] /Count 1 /Parent 33 0 R >> endobj 35 0 obj << /Dt (D:20030130144715) /JTM (Distiller) >> endobj 36 0 obj /This endobj 37 0 obj << /CP (Distiller) /Fi 36 0 R >> endobj 38 0 obj << /R [ 600 600 ] >> endobj 39 0 obj << /JTF 0 /MB [ 0 0 612 1008 ] /R 38 0 R /W [ 0 10 ] >> endobj 40 0 obj << /Fi [ 37 0 R ] /P [ 39 0 R ] >> endobj 41 0 obj << /Dm [ 612 1008 612 1008 ] >> endobj 42 0 obj << /Me 41 0 R >> endobj 43 0 obj << /D [ 40 0 R ] /MS 42 0 R /Type /JobTicketContents >> endobj 44 0 obj << /A [ 35 0 R ] /Cn [ 43 0 R ] /V 1.10001 >> endobj 45 0 obj << /CreationDate (D:20030130144715) /Producer (Acrobat Distiller 4.05 for Windows) /ModDate (D:20030130144715-05'00') >> endobj xref 0 46 0000000000 65535 f 0000020279 00000 n 0000020432 00000 n 0000020545 00000 n 0000021494 00000 n 0000021647 00000 n 0000021772 00000 n 0000049952 00000 n 0000050105 00000 n 0000050230 00000 n 0000064464 00000 n 0000064620 00000 n 0000064746 00000 n 0000070361 00000 n 0000070517 00000 n 0000070643 00000 n 0000080102 00000 n 0000080258 00000 n 0000080373 00000 n 0000083809 00000 n 0000083965 00000 n 0000084080 00000 n 0000123174 00000 n 0000123330 00000 n 0000123445 00000 n 0000159509 00000 n 0000159665 00000 n 0000159791 00000 n 0000192403 00000 n 0000192559 00000 n 0000192674 00000 n 0000194012 00000 n 0000194801 00000 n 0000194945 00000 n 0000195019 00000 n 0000195101 00000 n 0000195165 00000 n 0000195188 00000 n 0000195240 00000 n 0000195280 00000 n 0000195358 00000 n 0000195413 00000 n 0000195464 00000 n 0000195500 00000 n 0000195577 00000 n 0000195644 00000 n trailer << /Size 46 /ID[<6be1804e6ef685a92da93d7436b1341e><6be1804e6ef685a92da93d7436b1341e>] >> startxref 173 %%EOF