| FINANCIAL (In
Millions Except Per Share Amounts) |
2000 |
1999 |
Increase
(Decrease) |
|
|
|
|
| FOR THE YEAR: |
|
|
|
| Operating
Revenues: |
|
|
|
| Product
Sales and Services |
$379.4 |
$316.1 |
$63.3 |
| Royalties
and Management Fees |
50.7 |
48.5 |
2.2 |
| |
|
|
|
| Total |
430.1 |
364.6 |
65.5 |
| Income
Before Special Items: |
|
|
|
| Amount |
10.1 |
.4 |
9.7 |
| Per
Diluted Share |
.97 |
.04 |
.93 |
| Net
Income: |
|
|
|
| Amount |
18.1 |
4.8 |
13.3 |
| Per
Diluted Share |
1.73 |
.43 |
1.30 |
| AT DECEMBER 31: |
|
|
|
| Cash
and Cash Equivalents |
29.9 |
67.9 |
(38.0) |
| Long-term
Debt |
70.0 |
70.0 |
|
| Shareholders’
Equity |
402.0 |
407.3 |
(5.3) |
| Book
Value Per Common Share |
39.73 |
38.27 |
1.46 |
| Market
Value Per Common Share |
21.56 |
31.13 |
(9.57) |
|
|
|
|
| IRON
ORE PRODUCTION & SALES (Millions
of Gross Tons) |
|
|
|
| Production At Mines Managed
by Cliffs: |
|
|
|
| Total |
41.0 |
36.2 |
4.8 |
| Cliffs’
Share |
11.8 |
8.8 |
3.0 |
| Cliffs’ Sales |
10.4 |
8.9 |
1.5 |
