Try adding another column for previous financial year comparisons. Once you have that agreeing to NPAT you will find it easier to put in current known metrics and then make estimates for the unknown metrics. Don't forget to allow for freight, separate from shipping expenses, on the 86% of wet IO not transported on FMG's own fleet. Don't worry - it took me a while to get my head around accounting for mining.
ShippingDesigned to complement our port infrastructure, the fleet of eight 260,000 tonne capacity Fortescue Ore Carriers deliver approximately 14 per cent of our shipping requirements, while improving load rates and efficiencies and reducing operating costs. Our shipping fleet completes our mine to market supply chain.
Iron ore price, page-26578
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