Cash flow statement of Freeport-McMoRan :- -Did the company pay dividend? If so

Question

Cash flow statement of Freeport-McMoRan :-

-Did the company pay dividend? If so how much were they?

- What percentage of net income was the cash dividend?

NOTE : be specifi where the information located, THE INFORMATION FROM THE ANNUAL REPORT OF THE COMPANY FOR 2016

I really appreciate your help , thanks to all of you

FREEPORT-McMoRan INC. CONSOLIDATED STATEMENTS OF CASH FLOWS Years Ended December 31 n millions) Cash flow from operating activities: Net loss Adjustments to reconcile net loss to net cash provided by operating activities: S (4,025) S (12,089) (745) 2,610 4.317 3.497 13,144 Depreciation, depletion and amortization Impairment of oil and gas properties and goodwill Non-cash oil and gas drillship settlements Metals inventory adjustments Other asset impairments, oil and gas inventory adjustments, and restructuring 3,863 5,454 36 (649) 06 191 256 (39) 85 gain on sales of assets Stock-based compensation Net charges for environmental and asset retirement obligations, including accretion Payments for environmental and asset retirement obligations Net gain on exchanges and early extinguishment of debt Deferred income taxes Loss on disposal of discontinued operations Decrease (increase) in long-term mill and leach stockpiles Net loss (gain) on crude oil and natural gas derivative contracts Other, net Changes in working capital and other tax payments, excluding amounts from (176) (73) 239 (2,039) (87) (504) acquisitions and dispositions: Accounts receivable 813 379 (249) Other current assets Accounts Accrued income taxes and changes in other tax payments 37 (28) (394) 204 payable and accrued liabilities Net cash provided by operating activities 3,220 5,63 Cash flow from investing activities: Capital expenditures: North America copper mines South America (969) (382) ,722) 1,785) (935) (1,025) United States oil and gas operations (2,948) (414) (1,127) (3,205) (267) Proceeds from sales of 2,664 Tenke Fungurume mine Deepwater Gulf of Mexico and onshore California oil and gas properties Additional interest in Morenci joint venture Eagle Ford shale assets Candelaria and Ojos del Salado mines Other assets 996 2,910 1,709 Acquisitions of Deepwater Gulf of Mexico interests Other, net (1,426) Net cash provided by (used in) investing activities 6,246 Cash flow from financing activities: 8,710 (6,677) 10,306) Proceeds from debt Repayments of deblt Net proceeds from sale of common stock Cash dividends and distributions paid: (7,625) 1,936 Common stock (605)(1,305) (424) (693) Stock-based awards net (payments) proceeds, including excess tax benefit Debt financing costs and other, net Net cash (used in) provided by financing activities Net increase (decrease) in cash and cash equivalents (Increase) decrease in cash and cash equivalents in assets held for sale Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year The accompanying Notes to Consolidated Financial Statements are an integral part of these consolidated financial statements. (45) 4,245

Explanation / Answer

Company has paid dividend on common stock. It can be located from financing activitites section.

Year Dividend

2016 $6 millions

2015 $605 millions

2014 $1,305 millions.

Also dividend on non-controlling interest amount is provided, but it includes redemption amount, no net cash dividend on that type of stock cannot be determined.

Percentage of cash dividend

= Dividend / Operating income x 100

2016 year = $6 / ($4,025) x 100 = - 0.1491%

2015 year = $605 / ($12,089) x 100 = -5.00%

2014 year = $1,305 / ($745) x 100 = -175.17%

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