EX-99.4 5 exhibit99-4.htm EXHIBIT 99.4 HudBay Minerals Inc.: Exhibit 99.4 - Filed by newsfilecorp.com


The following table sets forth certain summary consolidated financial information for the three and twelve months ended December 31, 2015 and 2014 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 December 31:
                               
(000's)   Guarantor - Issuer     Guarantor - Credit Supporters     Non Guarantor - Others     Consolidating adjustments 1     Consolidated Hudbay total  
    2015     2014     2015     2014     2015     2014     2015     2014     2015     2014  
Total revenue   21,909     -     334,110     337,008     198,086     -     (217,464 )   (224,314 )   336,641     112,694  
Profit (loss) - attributable to owners   92,133     (15,695 )   (8,865 )   23,707     (172,642 )   22,203     (166,094 )   13,379     (255,468 )   43,594  

For the twelve months ending December 31:
                               

(000's)

  Guarantor - Issuer     Guarantor - Credit Supporters     Non Guarantor - Others     Consolidating adjustments 1     Consolidated Hudbay total  
    2015     2014     2015     2014     2015     2014     2015     2014     2015     2014  
Total revenue   21,909     -     780,994     753,526     364,574     -     (281,426 )   (246,011 )   886,051     507,515  
Profit (loss) - attributable to owners   68,714     14,506     (26,516 )   58,712     (204,028 )   (14,024 )   (169,598 )   6,156     (331,428 )   65,350  

As at December 31, 2015 and December 31, 2014:
                               
(000's)   Guarantor - Issuer     Guarantor - Credit Supporters     Non Guarantor - Others     Consolidating adjustments 1     Consolidated Hudbay total  
    2015     2014     2015     2014     2015     2014     2015     2014     2015     2014  
Current assets   60,041     75,944     116,856     207,690     256,915     171,882     1,366     5,492     435,178     461,008  
Non-current assets   2,908,574     2,814,650     945,412     1,151,267     4,240,551     4,527,905     (4,050,130 )   (4,103,949 )   4,044,407     4,389,873  
Current liabilities   34,143     37,561     128,433     156,043     213,626     173,810     1,363     6,428     377,565     373,842  
Non-current liabilities   1,085,780     941,381     744,346     1,014,662     1,388,675     1,458,911     (904,071 )   (1,046,973 )   2,314,730     2,367,981  

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.