EX-99.3 4 exhibit99-3.htm EXHIBIT 99.3 HudBay Minerals Inc. - Exhibit 99.3 - Filed by newsfilecorp.com


The following table sets forth certain summary consolidated financial information for the three and nine months ended September 30, 2016 and 2015 in respect of HudBay Minerals Inc. (“Hudbay”) and its subsidiaries, certain of which are guarantors in respect of Hudbay’s $920,000,000 aggregate principal amount of 9.5% senior unsecured notes (the “Notes”) due October 1, 2020. The Notes are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis, by Hudbay’s existing and future subsidiaries, other than unrestricted subsidiaries and certain excluded subsidiaries that include subsidiaries that own the Constancia and Rosemont projects; the Notes are guaranteed by: Hudson Bay Mining and Smelting Co., Limited, Hudson Bay Exploration and Development Company Limited and HudBay Marketing & Sales Inc.

This disclosure is being provided pursuant to Part 13.4 of National Instrument 51-102. Additional continuous disclosure relating to Hudbay can be found on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com and on the Electronic Data Gathering, Analysis, and Retrieval system (“EDGAR”) at www.sec.gov.

For the three months ending Septemer 30:
           
(000's)  Guarantor - Issuer Guarantor - Credit Supporters Non Guarantor - Others Consolidating adjustments 1 Consolidated Hudbay total
  2016 2015 2016 2015 2016 2015    2016 2015 2016 2015
Total revenue - - 132,804 156,901 178,620 131,662 -    (18,755) 311,424    269,808
Profit (loss) continuing operations - attributable to owners 5,353 12,135 46,476 15,274 8,254 (8,605) (26,512)    (30,637) 33,571    (11,833)
Profit (loss) - attributable to owners 5,353 12,135 46,476 15,274 8,254 (8,605) (26,512)    (30,637) 33,571    (11,833)

   For the nine months ending September 30 2016:     
           
(000's)  Guarantor - Issuer    Guarantor - Credit Supporters Non Guarantor - Others Consolidating adjustments 1 Consolidated Hudbay total
  2016 2015 2016 2015 2016 2015    2016 2015 2016 2015
Total revenue - - 372,534    446,884 439,490 166,488 - (63,962) 812,024    549,410
Profit (loss) continuing operations - attributable to owners    (11,332) (23,419) 23,589    (17,651) 19,085 (31,386) (19,262) (3,504) 12,080    (75,960)
Profit (loss) - attributable to owners    (11,332) (23,419) 23,589    (17,651) 19,085 (31,386) (19,262) (3,504) 12,080    (75,960)

   As at September 30, 2016 and December 31, 2015:     
           
(000's) Guarantor - Issuer Guarantor - Credit Supporters Non Guarantor - Others Consolidating adjustments 1 Consolidated Hudbay total
  2016 2015            2016 2015 2016 2015    2016 2015 2016 2015
Current assets 87,242 60,041 129,301 116,856 240,741 256,915 - 1,366 457,284 435,178
Non-current assets 2,874,158 2,908,574 983,715 945,412 4,223,652 4,240,551 (4,054,004) (4,050,130) 4,027,521 4,044,407
Current liabilities 59,809 34,143 124,963 128,433 134,301 213,626 - 1,363 319,073 377,565
Non-current liabilities 1,053,676 1,085,780 788,790 744,346 1,331,283 1,388,675 (805,487) (904,071) 2,368,262 2,314,730

1 This column includes all necessary amounts to eliminate all intercompany balances between the Guarantor credit supporters and the non-guarantor others, and other adjustments to arrive at the information for Hudbay on a consolidated basis.