10-QPeriod: Q3 FY2014

NEWMONT Corp /DE/ Quarterly Report for Q3 Ended Sep 30, 2014

Filed October 30, 2014For Securities:NEMNEMCL

Summary

Newmont Corporation's third-quarter 2014 report (filed October 29, 2014) reveals a mixed financial performance. While specific revenue and profit figures are not detailed in the provided index, the report includes comprehensive financial statements and management's discussion on results of operations and financial condition. Investors should pay close attention to the "Results of Consolidated Operations" and "Liquidity and Capital Resources" sections within the Management's Discussion and Analysis (MD&A) for a deeper understanding of the company's operational performance and financial health. The report also highlights "Accounting Developments" and "Non-GAAP Financial Measures," which are crucial for a complete picture of the company's financial reporting and any adjustments made to standard accounting practices. Furthermore, the filing addresses "Quantitative and Qualitative Disclosures About Market Risk," "Legal Proceedings," and "Risk Factors," all of which are vital for investors assessing potential downsides and external influences on the company's business. The inclusion of "Mine Safety Disclosures" underscores the operational risks inherent in the mining industry. Investors are advised to review these sections thoroughly to understand the company's operational risks, market exposure, and any potential legal or regulatory challenges that could impact future performance.

Financial Highlights

52 data points
Beta

Net Income

$213.00M

EPS (Diluted)

$0.43

Total Assets

$25.12B

Cash & Equivalents

$1.78B

Free Cash Flow

$324.00M

Financial Statements
Beta
Gross Profit$223.00M
R&D Expenses$36.00M
Operating Expenses$1.71B
Operating Income$210.00M
Net Income$213.00M
EPS (Basic)$0.43
EPS (Diluted)$0.43
Shares Outstanding (Basic)499.00M
Shares Outstanding (Diluted)500.00M

Key Highlights

  • 1The report provides a comprehensive set of financial statements including Statements of Operations, Comprehensive Income (Loss), Cash Flows, and Balance Sheets.
  • 2Management's Discussion and Analysis (MD&A) offers insights into the company's operational results and financial condition.
  • 3Key areas of focus within the MD&A include consolidated financial results, operational performance, and an assessment of liquidity and capital resources.
  • 4Disclosures on market risk, legal proceedings, and risk factors are presented, which are critical for understanding potential business impacts.
  • 5The filing includes information on accounting developments and the use of non-GAAP financial measures, requiring careful investor scrutiny.
  • 6Mine safety disclosures are included, highlighting operational risks specific to the mining industry.

Frequently Asked Questions

The MD&A section provides management's perspective on the company's financial condition and results of operations. It includes details on consolidated financial results, operational performance (Results of Consolidated Operations), and an analysis of the company's liquidity and capital resources, offering deeper insights beyond the raw financial statements.

Information regarding potential risks can be found in "Item 1A. Risk Factors." This section details the specific risks and uncertainties that could materially affect the company's business, financial condition, or future results. Additionally, "Item 3. Quantitative and Qualitative Disclosures About Market Risk" addresses exposure to market fluctuations.

Yes, "Item 1. Legal Proceedings" in Part II of the report would typically disclose any material legal proceedings that the company is involved in. Investors should review this section for any ongoing or potential litigation that could impact the company's financial standing.

Non-GAAP financial measures are metrics that are not calculated in accordance with Generally Accepted Accounting Principles (GAAP). Companies use them to provide additional insights into performance, but they may not be comparable to measures used by other companies. It's important to review these carefully, along with the provided reconciliations to GAAP measures, to understand their implications and how they differ from standard accounting.