Financial performance
Revenue 4.2% lower, at $2,661.4 million, following realised copper prices falling by 2.2% as prices trended downwards during the period, and lower gold sales and realised prices
EBITDA fell 11.5% to $1,128.3 million,reflecting decreased revenue and increased net cash costs
EBITDA margin remains strong at 42.4%
Net earnings fell 16.3% to $330.8 million, in line with the decrease in EBITDA
Operating cash flow generation of $1,170.0 million in the period, compared with $1,373.5 million in the first half of 2013
Interim dividend of 11.7 cents per share, representing a 35% pay-out ratio of the half year net earnings
Capital expenditure of $767.3 million in first six months, full year outlook is reduced by $200 million to $1.7 billion due to expected delays in the timing of payments at Antucoya
Group attributable net cash of $403.5 million, following payment of large 2013 final dividend and ongoing capital expenditure programme
