FMG - 2021 Interim Dividend, page-113

My numbers line up with yours a lot better now Used a few slightly different inputs, but still roughly the same.
Exchange rate is killing us unfortunately. Hopefully we've started shipping more than 90mt

Dividend reduced to $1.35

But we have a spare US$5 Billion in the bank for special dividends, buy-back, debt repayments, projects, acquisitions etc

Primary Inputs		H1 FY21	FY 2020	FY 2019
Ore Shipped (wmt)		90.00	177.20	167.50
Ore Sold (wmt)		90.00	177.19	168.00
Average 62% Fe CFR Platts index, US$/dmt		$126.445	$93.000	$80.000
Discount to 62% Platts		$0.895	$0.847	$0.888
C1 costs (US$/wmt)		$13.000	$12.940	$13.110
Shipping Costs /t (Baltic C5)		$8.000	$6.685	$6.440
USD to AUD		$1.290	$1.320	$1.320
Realised price (US$/dmt)		$113.130	$78.808	$64.813
Realised price (US$/wmt)@91.5% conv		$103.514	$72.110	$59.304
Revenue
Total iron ore revenue, US$ millions		$8,716.28	$11,581.08	$8,786.01
Total shipping revenue, US$ millions		$600.00	$1,196.00	$1,177.00
Other revenue, US$ millions (towage)		$25.00	$43.00	$2.00
Operating sales revenue, US$ millions		$9,341	$12,820	$9,965
Production costs
Mining and processing costs, US$ millions (85%)		$998	$1,938	$1,829
Rail costs, US$ millions (7.82%)		$91	$186	$190
Port costs, US$ millions (6.8%)		$80	$169	$176
C1 costs (US$ Millions)		$1,170	$2,293	$2,196
Ore Sold (wmt)		$90	$177	$168
C1 costs (US$/wmt)		$13	$13	$13
Shipping Costs		$619	$1,185	$1,079
Government royalty @~7.3%		$636	$845	$653
Admin		$60	$114	$95
Shipping, royalty and administration, US$ millions		$1,315	$2,144	$1,827
Ore sold, million wmt		$90	$177	$168
Shipping, royalty and administration, US$/wmt		$15	$12	$11
Total delivered cost, US$/wmt		$28	$25	$24
Total delivered cost, US$/dmt		$30	$27	$26
Production All in Costs		$2,485	$4,437	$4,023
Fair value change in derivatives			-$30
Other expenses???			-$6	-$3
Underlying EBITDA
Operating sales revenue		$9,341	$12,820	$9,965
Cost of sales excluding depreciation and amortisation		-$2,545	-$4,359	-$3,931
Net foreign exchange gain		$-	$52	$110
Administration expenses		-$60	-$114	-$95
Other income /(expenses)		$-	-$24	-$2
Underlying EBITDA (US$M)		$6,736	$8,375	$6,047
Finance income		$200	$50	$26
Finance Expense		-$100	-$272	-$279
Depreciation & ammortisaion		-$800	-$1,400	-$1,196
Exploration, development and other expenses		-$50	-$63	-$29
Net profit before tax		$5,986	$6,690	$4,569
Income tax expense		$1,795.74	$1,955	$1,383
Net profit after tax		$4,190	$4,735	$3,187
Cost of early debt repayment after tax		$-	$11	$-
Underlying net profit after tax		$4,190	$4,746	$3,187
NPAT (US$ millions)		$4,190.06	$4,735.22	$3,186.82
Capital (US$ millions)		$1,600.00
Cash @ 31/12/2020		$7,168.79
Basic earnings per share (US )		$1.36	$1.54	$1.03
A$ earnings per share (AUD )		$1.75	$2.03	$1.37
Dividends (FF A$/share) FY21@ 77%		$1.35	$1.76	$1.14
Share prince		$24.80	$10.75	$4.30
Dividend Yield		10.9%	16.4%	26.5%
Gross Dividend Yield		15.6%	23.4%	37.9%