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Freeport-McMoRan Copper & Gold Inc. (FCX) | Income Statement

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The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

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Freeport-McMoRan Copper & Gold Inc., Consolidated Income Statement

USD $ in millions

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  12 months ended Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Revenues
chart Production and delivery
chart Depreciation, depletion and amortization
chart Lower of cost or market inventory adjustments
chart Cost of sales
chart Gross profit
chart Selling, general and administrative expenses
chart Exploration and research expenses
chart Environmental obligations and shutdown costs
chart Long-lived asset impairments and other charges
chart Goodwill impairment
chart Operating income (loss)
chart Interest expense, net
chart Losses on early extinguishment of debt
chart Gains on sales of assets
chart Other income (expense), net
chart Income (loss) before income taxes and equity in affiliated companies’ net earnings
chart (Provision for) benefit from income taxes
chart Equity in affiliated companies’ net earnings
chart Income (loss) from continuing operations
chart Income from discontinued operations, net of taxes
chart Net income (loss)
chart Net income attributable to noncontrolling interests
chart Net income (loss) attributable to FCX stockholders
Source: Freeport-McMoRan Copper & Gold Inc., Annual Reports
Item Description The company
Revenues Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Freeport-McMoRan Copper & Gold Inc.'s revenues increased from 2009 to 2010 and from 2010 to 2011.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Freeport-McMoRan Copper & Gold Inc.'s operating income (loss) increased from 2009 to 2010 and from 2010 to 2011.
Income (loss) before income taxes and equity in affiliated companies’ net earnings Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Freeport-McMoRan Copper & Gold Inc.'s income (loss) before income taxes and equity in affiliated companies’ net earnings increased from 2009 to 2010 and from 2010 to 2011.
Income (loss) from continuing operations This represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Freeport-McMoRan Copper & Gold Inc.'s income (loss) from continuing operations increased from 2009 to 2010 and from 2010 to 2011.
Net income (loss) The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Freeport-McMoRan Copper & Gold Inc.'s net income (loss) increased from 2009 to 2010 and from 2010 to 2011.
Net income (loss) attributable to FCX stockholders The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Freeport-McMoRan Copper & Gold Inc.'s net income (loss) attributable to FCX stockholders increased from 2009 to 2010 and from 2010 to 2011.

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