10-KPeriod: FY2002

FREEPORT-MCMORAN INC Annual Report, Year Ended Dec 31, 2002

Filed March 27, 2003For Securities:FCX

Summary

Freeport-McMoRan Copper & Gold Inc. (FCX) filed its annual report on Form 10-K for the fiscal year ended December 31, 2002, on March 26, 2003. This filing provides a comprehensive overview of the company's business, financial condition, and results of operations. Key financial information and management's discussion are presented, offering investors insight into the company's performance and strategies during the reporting period. The report also details FCX's market for its common equity, related stockholder matters, and selected financial data, which are crucial for understanding the company's financial health and valuation. Investors should pay close attention to the discussions on financial condition and results of operations, as these sections will likely contain critical information regarding revenue drivers, cost structures, profitability, and any significant risks or opportunities the company faced in 2002. The incorporation by reference of portions of the 2003 Proxy Statement into Part III also indicates that further details on executive officers, compensation, and security ownership will be available, providing a broader perspective on corporate governance and management's stake in the company.

Key Highlights

  • 1FCX filed its 2002 Form 10-K on March 26, 2003, covering the fiscal year ended December 31, 2002.
  • 2The report includes detailed information on the company's business operations and properties (Items 1 & 2).
  • 3Financial performance and condition are discussed in Management's Discussion and Analysis (MD&A) in Item 7.
  • 4Selected Financial Data (Item 6) and Financial Statements (Item 8) provide core financial figures for the year.
  • 5Market for Registrant's Common Equity and Related Stockholder Matters (Item 5) offers insights into stock performance and shareholder information.
  • 6FCX is classified as an accelerated filer, indicating a certain level of financial reporting maturity.
  • 7The company's Class B Common Stock and various preferred stock depositary shares are listed on the New York Stock Exchange.

Frequently Asked Questions

While the provided excerpt does not detail the specific business segments, Item 1 of the 10-K, 'Business and Properties,' would typically outline the company's principal lines of business, which for FCX would historically include copper and gold mining operations.

Detailed financial results for the fiscal year ended December 31, 2002, can be found in 'Item 6. Selected Financial Data' and 'Item 8. Financial Statements and Supplementary Data' of the Form 10-K. Management's Discussion and Analysis in 'Item 7' also provides crucial context and explanation of these results.

Being an 'accelerated filer' means that Freeport-McMoRan meets certain revenue and public float thresholds set by the SEC. This classification implies that the company is required to file its annual and quarterly reports more quickly than non-accelerated filers, which generally suggests a larger, more established company.

Information regarding the company's directors, executive officers, executive compensation, and security ownership can be found in Part III (Items 10, 11, and 12) of the Form 10-K. These sections are incorporated by reference from the company's 2003 Proxy Statement.