EX-99.5 6 a15-4754_1ex99d5.htm EX-99.5

Exhibit 99.5

 

GRAPHIC

 

The following table sets forth certain summary consolidated financial information for the three and twelve months ended December 31, 2014 and 2013 in respect of HudBay Minerals Inc. (“Hudbay”) and its subsidiaries, certain of which are guarantors in respect of Hudbay’s US$920,000,000 aggregate principal amount of 9.5% senior unsecured notes (the “Notes”) due October 1, 2020.  The Notes are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis, by Hudbay’s existing and future subsidiaries, other than unrestricted subsidiaries and certain excluded subsidiaries that include subsidiaries that own the Constancia and Rosemont projects; the Notes are guaranteed by: Hudson Bay Mining and Smelting Co., Limited, Hudson Bay Exploration and Development Company Limited and HudBay Marketing & Sales Inc.

 

This disclosure is being provided pursuant to Part 13.4 of National Instrument 51-102.  Additional continuous disclosure relating to Hudbay can be found on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com and on the Electronic Data Gathering, Analysis, and Retrieval system (“EDGAR”) at www.sec.gov.

 

For the three months ending December 31:

 

 

 

Guarantor - Issuer

 

Guarantor - Credit Supporters

 

Non Guarantor - Others

 

Consolidating adjustments 1

 

Consolidated Hudbay total

 

(000’s)

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

Total revenue

 

 

 

387,024

 

346,546

 

 

 

(258,608

)

(210,464

)

128,416

 

136,082

 

Profit (loss) continuing operations - attributable to owners

 

(19,165

)

(27,424

)

27,364

 

(2,403

)

26,185

 

(23,997

)

15,199

 

(1,680

)

49,583

 

(55,504

)

Profit (loss) - attributable to owners

 

(19,165

)

(27,424

)

27,364

 

(2,403

)

26,185

 

(23,997

)

15,199

 

(1,680

)

49,583

 

(55,504

)

 

For the twelve months ending December 31:

 

 

 

Guarantor - Issuer

 

Guarantor - Credit Supporters

 

Non Guarantor - Others

 

Consolidating adjustments 1

 

Consolidated Hudbay total

 

(000’s)

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

Total revenue

 

 

 

842,059

 

750,066

 

 

 

(282,103

)

(233,265

)

559,956

 

516,801

 

Profit (loss) continuing operations - attributable to owners

 

12,882

 

(76,845

)

64,837

 

33,214

 

(14,951

)

(81,965

)

9,188

 

24,237

 

71,956

 

(101,359

)

Profit (loss) - attributable to owners

 

12,882

 

(76,845

)

64,837

 

33,214

 

(14,951

)

(81,965

)

9,188

 

24,237

 

71,956

 

(101,359

)

 

As at December 31, 2014 and December 31, 2013:

 

 

 

Guarantor - Issuer

 

Guarantor - Credit Supporters

 

Non Guarantor - Others

 

Consolidating adjustments 1

 

Consolidated Hudbay total

 

(000’s)

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

Current assets

 

88,103

 

92,219

 

240,941

 

453,170

 

199,400

 

379,025

 

6,372

 

744

 

534,816

 

925,158

 

Non-current assets

 

3,265,276

 

2,347,384

 

1,335,585

 

1,259,673

 

6,568,215

 

3,113,176

 

(6,076,384

)

(3,801,405

)

5,092,692

 

2,918,828

 

Current liabilities

 

43,575

 

32,333

 

181,025

 

192,975

 

201,637

 

115,973

 

7,455

 

753

 

433,692

 

342,034

 

Non-current liabilities

 

1,092,096

 

784,179

 

1,177,109

 

1,322,925

 

1,667,451

 

540,819

 

(1,189,560

)

(773,678

)

2,747,096

 

1,874,245

 

 


1 This column includes all necessary amounts to eliminate all intercompany balances between the Guarantor credit supporters and the non-guarantor others, and other adjustments to arrive at the information for Hudbay on a consolidated basis.