 |
|
2001 |
2000 |
| Financial (In Millions Except Per Share Amounts) |
|
|
| For the Year: |
|
|
| |
Operating Revenues: |
|
|
| |
Product Sales and Services |
$330.4 |
$379.4 |
| |
Royalties and Management Fees |
43.2 |
50.7 |
| |
Total |
373.6 |
430.1 |
| |
Income (Loss) Before Cumulative Effect of Accounting Change: |
|
|
| |
Amount |
(32.2) |
18.1 |
| |
Per Diluted Share |
(3.19) |
1.73 |
| |
Net Income (Loss): |
|
|
| |
Amount |
(22.9) |
18.1 |
| |
Per Diluted Share |
(2.27) |
1.73 |
| At December 31: |
|
|
| |
Cash and Cash Equivalents |
183.8 |
29.9 |
| |
Borrowings Under Revolving Credit Facility |
100.0 |
- 0 - |
| |
Long-Term Debt |
70.0 |
70.0 |
| |
Net Cash (Debt) |
13.8 |
(40.1) |
| |
Shareholders' Equity |
374.2 |
402.0 |
| |
Book Value Per Common Share |
36.90 |
39.73 |
| |
Market Value Per Common Share
|
18.30 |
21.56 |
| Iron Ore Production and Sales (Millions of Gross Tons) |
|
|
| Production At Mines Managed by Cliffs: |
|
|
| |
Total |
25.4 |
41.0 |
| |
Cliffs' Share |
7.8 |
11.8 |
| Cliffs' Sales |
8.4 |
10.4 |
