ASARCO Reports Second Quarter Results.NEW YORK--(BUSINESS WIRE)--July 23, 1998--ASARCO Incorporated (NYSE NYSE See: New York Stock Exchange :AR) today reported a net loss of $14.5 million, or 37 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , for the quarter ended June June: see month. 30, 1998, compared with net earnings of $51.9 million, or $1.20 per common share on a diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. basis, for the quarter ended June 30, 1997. Results for the second quarter of 1997 included an after-tax af·ter-tax also af·ter·tax adj. Relating to or being that which remains after payment, especially of income taxes: after-tax profits. gain of $13.4 million, or 31 cents per share, from the sale of a portion of the Company's interest in Grupo Mexico Mexico, city, Mexico Mexico or Mexico City, Span. Ciudad de México (Méjico), city (1990 pop. 8,236,960; 1991 met. area est. 20,899,000), central Mexico, capital and largest city of Mexico. , S.A. de C.V., Mexico's largest mining company. For the six months ended June 30, 1998, Asarco reported a net loss of $46.3 million, or $1.17 per share, compared with net income of $92.5 million, or $2.15 per diluted share, for the six months ended June 30, 1997. Results for the first six months of 1998 include nonrecurring Non`re`cur´ring a. 1. Nonrecurrent; as, the costs of a layoff are considered as a nonrecurring expense s>. after-tax charges of $16.0 million, or 40 cents per share, related to the pending sale of the Company's Missouri Missouri, state, United States Missouri (mĭz  r`ē, –ə), one of the midwestern states of the United States. Lead business and for
severance The act of dividing, or the state of being divided.The term severance has unique meanings in different branches of the law. Courts use the term in both civil and criminal litigation in two ways: first, when dividing a lawsuit into two or more parts, and second, when costs associated with a cost reduction program. Sales of products and services were $602.3 million in the second quarter of 1998, compared with $741.0 million in the same period of 1997. Sales of products and services for the first six months of 1998 were $1,235.7 million compared with $1,456.6 million for the same period in 1997. Reporting the Company's results, Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a de J. Osborne Os·borne , John James 1929-1994. British playwright and member of the Angry Young Men who is best known for his first play, Look Back in Anger (1956). Noun 1. , Chairman of the Board said, "Asarco's second quarter results reflect the sharp decline in metal prices in 1998 compared with the previous year. The average price of copper was 78 cents per pound on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Commodity Exchange (COMEX COMEX A division of the New York Mercantile Exchange (NYMEX). Formerly known as the Commodity Exchange, COMEX is the leading US market for metals futures and options trading. COMEX See New York Mercantile Exchange (NYM). ) and 79 cents per pound on the London Metal Exchange London Metal Exchange (LME) A market for trading base metals, where traded options contracts are available against the underlying futures contract. (LME See London Metal Exchange. LME See London Metal Exchange (LME). ), representing a decline of 36 cents and 35 cents per pound, respectively, compared with the second quarter of 1997. Each one-cent change in the price of copper affects our net earnings by $6.9 million, or 17.5 cents per share, on an annual basis. Higher sales volume and production increases from the Company's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. copper operations and the effects of a cost reduction program offset some of the effect of the lower prices. "A $50 million cost reduction program was initiated by the Company early this year in response to the decline in the copper price. The program is estimated to have produced a pre-tax pre-tax adj → anterior al impuesto pre-tax adj → avant impôt(s) pre-tax adj → al lordo d'imposta improvement of $16 million ($10.4 million after-tax) in the second quarter, and $26 million ($16.9 million after-tax) for the first six months of 1998. A similar program was initiated early in the second quarter by Southern Peru Copper Corporation (SPCC SPCC abbr. Society for the Prevention of Cruelty to Children SPCC (US) n abbr (= Society for the Prevention of Cruelty to Children) → Kinderschutzbund m ), a 54.3% owned subsidiary of the Company. SPCC's cost reduction program is designed to reduce its expenses by $30 million annually. The Company's beneficial interest in SPCC's cost savings during the second quarter was an additional $3.4 million, making the total impact of the cost reduction programs in the quarter approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. $20 million ($13.5 million after-tax). In the case of both cost reduction programs, improvements have come from reductions in operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , purchased services, exploration and general and administrative expenses. "The Company's beneficial interest in copper mine production increased 10% in the second quarter of 1998 to 252.5 million pounds. North American copper production increased 22% compared with the same quarter of the prior year. The majority of the increase came from copper produced through the low-cost solvent solvent, constituent of a solution that acts as a dissolving agent. In solutions of solids or gases in a liquid, the liquid is the solvent. In all other solutions (i.e. extraction/electrowinning (SX/EW) process at the Company's Ray mine and the Company's 75% owned Silver Bell mine which started up in July July: see month. 1997. SX/EW production at Ray increased 36% from the second quarter of 1997 largely as a result of process improvements. Mined copper production at SPCC declined 7% from the second quarter of last year principally due to lower ore grades Ore grade is a measure that describes the concentration of a valuable natural material (such as metals or minerals) in its surrounding ore. Ore grade is used to assess the economic feasibility of a mining operation: the cost of extracting a natural material from its ore is directly and lower throughput The speed with which a computer processes data. It is a combination of internal processing speed, peripheral speeds (I/O) and the efficiency of the operating system and other system software all working together. 1. at its Toquepala mine. "In early June the Company announced that it curtailed production by 15% at its copper refinery located in Amarillo, Texas “Amarillo” redirects here. For other uses, see Amarillo (disambiguation). Amarillo is the 14th-largest city in the U.S. state of Texas and the seat of Potter County. . The curtailment Curtailment The act of contracting or reducing operations of a company in the hope of bringing it financial or operational stability. This management technique is often used when a company has grown too fast and is unable to effectively manage its operations. which is expected to reduce refined copper production by approximately 12 million pounds per month was the result of shortages of raw materials including copper anodes, blister blister, puffy swelling of the outer skin (epidermis) caused by burn, friction, or irritants like poison ivy. A response of the body to protect deeper tissue, blisters generally contain serum, the liquid component of blood. and scrap. Results for the second quarter were negatively impacted by approximately $2.5 million ($3.8 million pre-tax) due to the curtailment. The curtailment will continue until adequate supplies of copper feed become available. "Profits from the Company's specialty chemicals A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. business increased to $8.2 million in the second quarter of 1998 from $7.9 million in the year earlier period. In April the Company completed the acquisition of Deutsche In German Deutsche is the feminine adjectival form for Deutsch "German" (the masculine indefinite form being Deutscher; note that the masculine definite form is Deutsche as well, as in der Deutsche Filmpreis). Oberflachtechnik GmbH GmbH Gesellschaft mit Beschränkter Haftung (German: limited liability company; business entity) (DOT), a German specialty chemicals company which has helped continue the strong growth in Europe Europe (y r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). ."Second quarter results from the Company's aggregates business were $4.3 million, slightly lower than the $4.5 million in the second quarter of 1997. The decrease reflects the decline in the spring construction activity in the Southeast Southeast or south east is the ordinal direction halfway between south and east. It the opposite of northwest. Southeast or South East can refer to: "In April, the Company announced that it would sell its Missouri Lead business to the Doe Run Company 'The Doe Run Company, based in St. Louis, Mo., is a wholly owned subsidiary of the Renco Group, and one of the largest mining, smelting, and refining operations in the world. , a subsidiary of the Renco Group Renco Group is a holding company controlled by Ira Rennert. It owned AM General, maker of the Hummer SUV, until a recent deal handed control to Rennert's neighbor, Ronald Perelman. Another Renco subsidiary, U.S. , Inc. The Company will realize approximately $55 million in cash from the sale which is expected to close in the third quarter." Commenting on the Company's view of the copper market, Osborne said, "At the present time, sentiment Sentiment can refer to:
Verb 1. to state or declare again 2. reassert oneself to become significant or noticeable again: reality had reasserted itself Verb 1. their influence on the copper market." ASARCO Incorporated is one of the world's leading integrated producers of copper, as well as a producer of other metals, specialty chemicals and aggregates.
ASARCO Incorporated
and Subsidiaries
SUMMARY OF EARNINGS
(Unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
(in millions, except (in millions, except
per share data) per share data)
1998 1997 1998 1997
----- ----- ----- ----
----------------------------------------------------------------------
Sales $ 602.3 $ 741.0 $ 1,235.7 $ 1,456.6
----------------------------------------------------------------------
Earnings before taxes,
minority interest and
non-recurring items $ (7.0) $ 110.8 $ (23.9) $ 205.2
Taxes on income (benefit) (1.5) 29.6 (8.8) 56.2
--------- -------- -------- -------
Earnings (loss) before
minority interests
and non-recurring items (5.5) 81.2 (15.1) 149.0
Minority interests (9.0) (29.3) (15.2) (56.5)
---------- --------- --------- --------
Earnings (loss) before
non-recurring items (14.5) 51.9 (30.3) 92.5
Non-recurring items,
net of taxes - - (16.0) -
----------------------------------------------------------------------
Net earnings (loss) $ (14.5) $ 51.9 $ (46.3) $ 92.5
----------------------------------------------------------------------
Weighted average common
shares outstanding (Basic) 39.7 42.9 39.7 42.9
Weighted average common
shares outstanding (Diluted) 39.7 43.1 39.7 43.0
----------------------------------------------------------------------
Net earnings (loss)
per share (Basic) $ (0.37) $ 1.21 $ (1.17) $ 2.15
Net earnings (loss)
per share (Diluted) $ (0.37) $ 1.20 $ (1.17) 2.15
----------------------------------------------------------------------
ASARCO Incorporated
and Subsidiaries
Second Quarter and Six Months Results
Three Months Ended
June 30,
(in millions)
1998 1997
------- -------
Segment Sales
Copper $ 389.7 $ 548.6
Lead, Zinc & Precious Metals $ 104.3 $ 85.9
Specialty Chemicals $ 90.0 $ 86.0
Aggregates $ 14.8 $ 14.7
Exploration $ -- $ --
All Other $ 3.4 $ 5.8
Segment Operating Income
(incl. Equity Earnings)
Copper $ (1.6) $ 109.2
Lead, Zinc & Precious Metals $ (6.9) $ (5.3)
Specialty Chemicals $ 8.2 $ 7.9
Aggregates $ 4.3 $ 4.5
Exploration $ (4.1) $ (7.0)
All Other $ (2.9) $ (9.9)
Six Months Ended
June 30,
(in millions)
1998 1997
----- -------
Segment Sales
Copper $ 824.8 $ 1,090.2
Lead, Zinc & Precious Metals $ 207.1 $ 168.6
Specialty Chemicals $ 173.0 $ 163.5
Aggregates $ 24.6 $ 24.2
Exploration $ -- $ --
All Other $ 6.2 $ 10.1
Segment Operating Income
(incl. Equity Earnings)
Copper $ 0.2 $ 227.8
Lead, Zinc & Precious Metals $ (33.9) $ (11.0)
Specialty Chemicals $ 15.9 $ 14.3
Aggregates $ 5.6 $ 5.4
Exploration $ (10.2) $ (14.0)
All Other $ (8.2) $ (15.3)
ASARCO Incorporated
and Subsidiaries
Average Metal Prices
Three Months Ended Six Months Ended
June 30, June 30,
1998 1997 1998 1997
Copper(per pound - COMEX) $0.78 $1.14 $0.78 $1.13
Copper(per pound - LME) $0.79 $1.14 $0.78 $1.12
Lead(per pound - LME) $0.25 $0.28 $0.25 $0.30
Silver(per ounce - Handy &
Harman) $5.71 $4.76 $5.98 $4.89
Zinc(per pound - LME) $0.48 $0.59 $0.48 $0.56
Molybdenum(per pound -
Metals Week Dealer Oxide) $3.90 $4.39 $3.87 $4.38
Metal Production and Sales
Three Months Ended June 30,
1998
-----
Mined Refined Sales
Copper (000s pounds)
Asarco 171,300 258,100 289,900
SPCC 157,800 163,600 167,200
Consolidated 329,100 421,700 457,100
Asarco Beneficial
Interest 252,500 342,400 376,100
Lead (000s pounds)
Asarco 60,300 62,800 66,000
Silver (000s ounces)
Asarco 1,515 5,666 9,935
SPCC 614 690 764
Consolidated 2,129 6,356 10,699
Asarco Beneficial
Interest 1,842 6,033 10,342
Zinc (000s pounds)
Asarco 42,400 38,000
Molybdenum (000s pounds)
Asarco 1,254 1,254
SPCC 2,339 2,730
Consolidated 3,593 3,984
Asarco Beneficial
Interest 2,499 2,707
1997
----
Mined Refined Sales
Copper (000s pounds)
Asarco 139,900 257,200 271,400
SPCC 170,100 150,400 184,000
Consolidated 310,000 407,600 455,400
Asarco Beneficial
Interest 229,600 336,500 368,400
Lead (000s pounds)
Asarco 58,600 66,500 69,600
Silver (000s ounces)
Asarco 1,244 5,016 5,597
SPCC 750 620 816
Consolidated 1,994 5,636 6,413
Asarco Beneficial
Interest 1,639 5,343 6,027
Zinc (000s pounds)
Asarco 40,200 38,600
Molybdenum (000s pounds)
Asarco 1,335 1,339
SPCC 2,197 2,254
Consolidated 3,532 3,593
Asarco Beneficial
Interest 2,493 2,527
Note: SPCC presented at 100%. At June 30, 1997, Asarco's equity
ownership was 54.1% and its beneficial interest in SPCC was
52.7%. At June 30, 1998, Asarco's equity ownership was 54.3% and
its beneficial interest in SPCC was 53.2%.
Metal Production and Sales
Six Months Ended June 30,
1998
-----
Mined Refined Sales
Copper (000s pounds)
Asarco 329,800 534,900 624,900
SPCC 310,900 321,600 337,200
Consolidated 640,700 856,500 962,100
Asarco Beneficial
Interest 490,100 700,900 799,100
Lead (000s pounds)
Asarco 120,300 122,400 123,800
Silver (000s ounces)
Asarco 2,967 13,939 18,671
SPCC 1,254 1,345 1,518
Consolidated 4,221 15,284 20,189
Asarco Beneficial
Interest 3,634 14,654 19,479
Zinc (000s pounds)
Asarco 83,400 -- 75,000
Molybdenum (000s pounds)
Asarco 2,719 -- 2,719
SPCC 5,464 -- 5,581
Consolidated 8,183 -- 8,300
Asarco Beneficial
Interest 5,625 -- 5,687
1997
----
Mined Refined Sales
Copper (000s pounds)
Asarco 287,100 517,500 549,200
SPCC 334,600 299,500 356,000
Consolidated 621,700 817,000 905,200
Asarco Beneficial
Interest 463,200 675,300 736,800
Lead (000s pounds)
Asarco 116,000 130,500 126,600
Silver (000s ounces)
Asarco 2,326 10,656 11,918
SPCC 1,369 1,186 1,495
Consolidated 3,695 11,842 13,413
Asarco Beneficial
Interest 3,047 11,281 12,706
Zinc (000s pounds)
Asarco 78,500 -- 72,400
Molybdenum (000s pounds)
Asarco 2,594 -- 2,813
SPCC 4,397 -- 4,488
Consolidated 6,991 -- 7,301
Asarco Beneficial
Interest 4,911 -- 5,177
Note: SPCC presented at 100%. At June 30, 1997, Asarco's equity
ownership was 54.1% and its beneficial interest in SPCC was
52.7%. At June 30, 1998, Asarco's equity ownership was 54.3% and
its beneficial interest in SPCC was 53.2%.
ASARCO Incorporated
and Subsidiaries
CONSOLIDATED STATEMENT OF EARNINGS
(Unaudited)
Three Months Ended
June 30,
1998 1997
(in thousands, except per share data)
Sales of products and services $ 602,271 $ 740,968
Operating costs and expenses:
Cost of products and services 527,609 558,116
Selling, administrative and other 33,836 36,327
Depreciation and depletion 35,686 31,927
Research and exploration 6,841 10,016
Environmental and other closed
plant charges, net of recoveries 1,128 8,038
Provision for asset impairment -- --
----------- -----------
Total operating costs and expenses 605,100 644,424
Operating income (2,829) 96,544
Interest expense (16,398) (19,387)
Other income 12,229 33,590
----------- -----------
Earnings (loss) before taxes on
income and minority interests (6,998) 110,747
Taxes on income (benefit) (1,482) 29,602
----------- -----------
Earnings (loss) before minority interests (5,516) 81,145
Minority interests in net earnings
of consolidated
subsidiaries (9,026) (29,271)
=========== ===========
Net earnings (loss) $ (14,542) $ 51,874
=========== ===========
Per share amounts:
Net earnings (loss):
Basic $ (0.37) $ 1.21
=========== ===========
Diluted $ (0.37) $ 1.20
=========== ===========
Cash dividends $ 0.20 $ 0.20
=========== ===========
Weighted average number of
shares outstanding (Basic) 39,657 42,931
=========== ===========
Weighted average number of
shares outstanding (Diluted) 39,657 43,054
=========== ===========
Six Months Ended
June 30,
1998 1997
(in thousands, except per share data)
Sales of products and services $ 1,235,733 $ 1,456,567
Operating costs and expenses:
Cost of products and services 1,084,592 1,089,964
Selling, administrative and other 71,284 69,696
Depreciation and depletion 71,958 62,158
Research and exploration 15,041 19,820
Environmental and other closed
plant charges, net of recoveries 5,435 12,402
Provision for asset impairment 20,000 --
----------- -----------
Total operating costs and expenses 1,268,310 1,254,040
Operating income (32,577) 202,527
Interest expense (33,858) (35,932)
Other income 19,348 38,556
----------- -----------
Earnings (loss) before taxes on
income and minority interests (47,087) 205,151
Taxes on income (benefit) (15,975) 56,224
----------- -----------
Earnings (loss) before minority interests (31,112) 148,927
Minority interests in net earnings
of consolidated
subsidiaries (15,236) (56,473)
=========== ===========
Net earnings (loss) $ (46,348) $ 92,454
=========== ===========
Per share amounts:
Net earnings (loss):
Basic $ (1.17) $ 2.15
=========== ===========
Diluted $ (1.17) $ 2.15
=========== ===========
Cash dividends $ 0.40 $ 0.40
=========== ===========
Weighted average number of
shares outstanding (Basic) 39,654 42,903
=========== ===========
Weighted average number of
shares outstanding (Diluted) 39,654 43,026
=========== ===========
ASARCO Incorporated
and Subsidiaries
CONSOLIDATED BALANCE SHEET
(unaudited)
June 30, December 31,
1998 1997
(in thousands)
ASSETS
Current assets:
Cash and cash equivalents $ 232,323 $ 210,559
Marketable securities 52,517 205,317
Accounts and notes receivable, net 452,420 446,966
Inventories 314,847 362,119
Other assets 85,116 74,967
------------- -------------
Total current assets 1,137,223 1,299,928
Investments:
Available-for-sale and other cost 128,331 126,843
Equity 59,135 61,337
Net property 2,476,059 2,418,810
Other assets including intangibles, net 219,695 203,484
-------------- -------------
Total Assets $ 4,020,443 $ 4,110,402
============== ================
LIABILITIES
Current liabilities:
Bank loans $ 36,040 $ 204
Current portion of long-term debt 37,002 28,712
Accounts payable 358,951 352,839
Salaries and wages 34,454 35,788
Taxes on income 80,992 62,565
Reserve for closed plant and
environmental matters 44,258 43,238
Other current liabilities 43,146 50,131
------------- --------------
Total current liabilities 634,843 573,477
------------- --------------
Long-term debt 852,880 849,991
Deferred income taxes 91,985 118,289
Reserve for closed plant and
environmental matters 43,836 78,827
Postretirement benefit obligation
other than pensions 106,927 104,491
Other liabilities and reserves 134,293 157,543
-------------- -------------
Total non-current liabilities 1,229,921 1,309,141
-------------- ------------
MINORITY INTERESTS 532,957 533,911
--------------- ------------
COMMON STOCKHOLDERS' EQUITY
Common Stock (a) 522,381 522,420
Accumulated other comprehensive
income, net of tax (5,022) 3,389
Retained earnings 1,105,363 1,168,064
-------------- --------------
Total Common Stockholders' Equity 1,622,722 1,693,873
------------ ---------------
Total Liabilities, Minority
Interests and Common
Stockholders' Equity $ 4,020,443 $ 4,110,402
================ ==============
(a) Common Shares:
Authorized 80,000; Outstanding: 39,661 39,663
ASARCO Incorporated
and Subsidiaries
CONSOLIDATED STATEMENT OF CASH FLOWS
(Condensed)
(Unaudited)
Three Months Ended
June 30,
1998 1997
---- ----
(in thousands)
OPERATING ACTIVITIES
Net (loss) earnings $ (14,542) $ 51,874
Depreciation and depletion 35,686 31,927
(Benefit) Provision for deferred
income taxes (5,843) 263
Net loss (gain) on sale of
investments and property 98 (20,485)
Decrease in reserves for closed plant
and environmental matters (23,817) (10,792)
Minority interests 9,026 29,271
Provision for asset impairment -- --
Cash provided (used) for operating
assets and liabilities 102,839 30,189
Other, net 2,192 (384)
--------- ---------
Net cash provided from
operating activities 105,639 111,863
--------- ---------
INVESTING ACTIVITIES
Capital expenditures (71,630) (60,969)
Proceeds from held to maturity
investments net of purchases 65,894 (208,813)
Other, net (45,412) 162,025
--------- ---------
Net cash used for investing
activities (51,148) (107,757)
--------- ---------
FINANCING ACTIVITIES
Debt incurred, net 8,424 113,777
Escrow deposits on long-term loans 5,385 (12,317)
Net treasury stock transactions 291 (1,720)
Net distributions to minority interests (4,726) (14,049)
Dividends paid to common stockholders (7,932) (8,591)
--------- ---------
Net cash provided from financing activities 1,442 77,100
Effect of exchange rate changes on cash (1,243) 657
--------- ---------
Decrease in cash and cash equivalents $ 54,690 $ 81,863
========= =========
(Unaudited)
Six Months Ended
June 30,
1998 1997
(in thousands)
OPERATING ACTIVITIES
Net (loss) earnings $ (46,348) $ 92,454
Depreciation and depletion 71,958 62,158
(Benefit) Provision for deferred
income taxes (24,965) 4,358
Net loss (gain) on sale of
investments and property 275 (20,719)
Decrease in reserves for closed plant
and environmental matters (33,971) (14,594)
Minority interests 15,236 56,473
Provision for asset impairment 20,000 --
Cash provided (used) for operating
assets and liabilities 62,710 (54,681)
Other, net 1,291 (81)
--------- ---------
Net cash provided from
operating activities 66,186 125,368
--------- ---------
INVESTING ACTIVITIES
Capital expenditures (171,127) (123,749)
Proceeds from held to maturity
investments net of purchases 152,800 (207,809)
Other, net (46,531) 161,250
--------- ---------
Net cash used for investing
activities (64,858) (170,308)
--------- ---------
FINANCING ACTIVITIES
Debt incurred, net 47,066 181,924
Escrow deposits on long-term loans 7,000 (11,878)
Net treasury stock transactions (1,628) (1,923)
Net distributions to minority interests (16,092) (26,845)
Dividends paid to common stockholders (15,861) (17,170)
--------- ---------
Net cash provided from financing activities 20,485 124,108
Effect of exchange rate changes on cash (49) 540
--------- ---------
Decrease in cash and cash equivalents $ 21,764 $ 79,708
========= =========
CONTACT: Jerry Jer·ry n. pl. Jer·ries Chiefly British Slang A German, especially a German soldier. [Alteration of German. Cooper Cooper may refer to:
ASARCO Incorporated, 212-510-1810 |
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