SOUTHERN PERU COPPER CORPORATION 10. Five-year Production Statistics Five-year Selected Financial and Statístical Data Southern Peru Copper Corporation and Subsidiaries Southern Peru Copper Corporation and Subsidiaries Copper production 2004  2003  2002  2001  2000 Mines  (copper content in thousands of pounds)  Toquepala  354,618 313,878  276,513  270,619  232,886 Cuajone  428,553 406,814  370,834  363,951  394,548 SX/EW  92,869 105,283  116,524  119,993  123,602 Total mines  876,040 825,975  763,871  754,563  751,036 Smelter  (copper content in thousands of pounds) SPCC concentrates  707,071 687,727  632,910  636,845  606,965 Purchased concentrates  - 6,552  64,836  86,801  45,267 Total smelter  707,701 694,279  697,746  723,646  652,232 Refineries  (thousands of pounds of copper)  Ilo  618,790 626,126  620,974  611,254  583,658 SX/EW  92,869 105,283  116,524  119,993  123,602 Total refineries  711,659 731,409  737,498  731,247  707,260 Copper sales  (thousands of pounds)  Refined  498,535 625,266  621,197  612,138  582,724 In blister  65,442 61,863  68,619  84,302  57,775 In concentrates  63,294 35,586  -  -  17,083 SX/EW  79,832 104,371  115,826  120,688  123,258 Rod  157,292 -  -  -  - Total sales of copper  864,395 827,086  805,642  817,128  780,840 Molybdenum  (thousands of pounds of concentrate content)  Mines Toquepala  13,237 9,156  9,292  9,035  8,243 Cuajone  10,267 10,731  9,049  9,377  7,638 Total produced 23,504 19,887  18,341  18,412  15,881 Sales of molybdenum in concentrate  23,503 19,953  18,178  18,511  16,043 Silver  (thousands of ounces)  Smelter  (in blister) Ilo SPCC concentrates  4,523 4,270  3,710  3,829  4,188 Refinery Ilo  3,823 3,599  3,661  3,452  3,343 Sales of silver Refined  3,820 3,615  3,645  3,498  3,454 In blister  414 365  389  453  411 In concentrates  364 212   -  -  220 Total sales of silver  4,598 4,192  4,034  3,951  3,975 For the years ended December 31, $_{ }$ 2004  2003  2002  2001  2000 (in millions, except per share and employee data) Consolidated statement of earnings  Net sales  $  1,703 $  798  $  665  $  658  $  711 Operating costs and expenses (1) 787 581 546 568 561 Operating income 916 217 119 89 150 Minority interest of investment shares in income of Peruvian branch  5 1 1 1 2 Extraordinary loss - - (9) (2)   - Net earnings $ 597  $ 119 $ 61 $ 47 $ 93 Per share amount Net earnings - Basic and diluted $  7.23 $ 1.49 $   0.76 $  0.58 $  1.16 Dividends paid 2.39 0.57 $ 0.36 0.36 0.34 Consolidated balance sheet Total assets  $  2,597  $  1,931 $  1,752 $  1,823 $  1,771 Cash and marketable securities 591 295 148 213 149 Total debt 289 349 299 396 347 Stockholder’s equity 1,712 1,315 1,241 1,209 1,192 Consolidated statement of cash flows Cash provided from operating activities 717 $  191 $  130 $  151 $  161 Dividend paid 191 45 21 29 27 Capital expenditures 172 50 77 117 113 Depreciation & depletion 78  74 68 76 77 Capital stock Common shares outstanding 14.1 14.1 14.1 14.1 14.1 NYSE Price – high $  54.10 $  48.85 $ 15.54 $  15.10 $ 16-7/16 Price – low 26.53 14.42 10.82 $ 8.42 $  11.00 Class A common shares outstanding 65.9 65.9 65.9 65.9 65.9 Book value per share $  21.40 $  16.44 $  15.71 $  15.12 $  14.90 P/E ratio 6.53 31.65 20.67 26.07 12.84 Financial ratios  Current assets to current liabilities 2.2 2.5 3.1 1.9 3.3 Debt as % of capitalization 14.4%  20.9% 19.3% 24.5% 22.4% Employees (at year end) 3,544 3,566 3,575 3,726 3,682 SOUTHERN PERU COPPER CORPORATION 11. Notes to Five-year Selected Financial and Statistical Data: (1) Includes provision for worker’s participation of $78.8 million, $16.8 million, $8.9 million, $5.9 million and $12.1 million in the years ended December 31, 2004, 2003, 2002, 2001 and 2000.