Net Sales

1,431,162

1,919,330

3,328,750

Cost of Sales

911,207

1,041,593

1,410,344

2,450,367

Gross Profit

Operating Expenses:

General and Administrative

1,011,230

100,584

96,261

116,714

132,286

Exploration and Geological

214,941

23,087

31,679

48,508

62,655

Depreciation, Amortization and Depletion

1,050,244

94,228

100,765

118,345

120,565

2,276,415

217,899

228,705

283,566

315,506

Operating Profit

Integral Result of Financing:

Net Interest Expense (Income)

367,471

33,295

28,063

27,461

39,510

Foreign Exchange (Gain) Loss, net

474,444

29,719

2,547

(5,306)

1,944

(Gain) Loss from Monetary Position, net

(219,134)

(14,353)

(14,231)

(9,382)

(25,469)

622,781

48,661

16,379

12,773

15,984

Other (Income) Expense, net

203,281

12,335

29,110

(50,459)

(68,158)

Provisions for:

Income and Assets Tax

(158,316)

(7,328)

17,437

78,916

177,246

Employee Profit Sharing

2,975

8,378

17,660

42,167

(163,985)

(4,353)

25,815

96,576

0

Equity in Profit of Associates

44,334

7,107

5,810

(5,488)

6,806

Consolidated Net Profit

Profit of Minority Shareholders

(23,163)

1,657

4,530

19,152

20,147

Majority Net Profit