Plum Creek Timber Company, Inc.
Segment Data
(Unaudited)
(In Millions) | First Quarter 2003 | First Quarter 2002 | |||
---|---|---|---|---|---|
Revenues: | |||||
Northern Resources | $ 81 | $ 78 | |||
Southern Resources | 99 | 100 | |||
Real Estate | 23 | 23 | |||
Manufacturing | 92 | 93 | |||
Other | 2 | 2 | |||
Eliminations | (24) | (21) | |||
Total Revenues | $ 273 | $ 275 | |||
Operating Costs and Expenses: | |||||
Northern Resources | $ 58 | $ 58 | |||
Southern Resources | 50 | 45 | |||
Real Estate | 19 | 11 | |||
Manufacturing | 97 | 91 | |||
Other | 1 | -- | |||
Other Costs and Eliminations | (11) | (14) | |||
Total Costs and Expenses | $ 214 | $ 191 | |||
Operating Income (Expenses): | |||||
Northern Resources | $ 23 | $ 20 | |||
Southern Resources | 49 | 55 | |||
Real Estate | 4 | 12 | |||
Manufacturing | (5) | 2 | |||
Other | 1 | 2 | |||
Other Costs and Eliminations | (13) | (7) | |||
Segment Operating Income | $ 59 | $ 84 |
Plum Creek Timber Company, Inc.
Selected Operating Statistics
(Unaudited)
2002 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1st Qtr 2003 | 1st Qtr 2002 | 2nd Qtr 2002 | 3rd Qtr 2002 | 4th Qtr 2002 | YTD 2002 | ||||||||||
Sales Realization | Units | ||||||||||||||
Southern Resources | |||||||||||||||
Sawlog | $/Ton Stumpage | $ 36 | $ 37 | $ 39 | $ 39 | $ 35 | $ 38 | ||||||||
Pulpwood | $/Ton Stumpage | $ 8 | $ 8 | $ 8 | $ 8 | $ 7 | $ 8 | ||||||||
Northern Resources | |||||||||||||||
Sawlog | $/Ton Delivered | $ 65 | $ 63 | $ 67 | $ 70 | $ 69 | $ 67 | ||||||||
Pulpwood | $/Ton Delivered | $ 28 | $ 26 | $ 27 | $ 28 | $ 28 | $ 27 | ||||||||
Lumber (1) | $/MBF | $ 368 | $ 430 | $ 422 | $ 416 | $ 373 | $ 410 | ||||||||
Plywood (1) | $/MSF | $ 311 | $ 311 | $ 316 | $ 313 | $ 311 | $ 313 | ||||||||
Fiberboard (1) | $/MSF | $ 342 | $ 308 | $ 318 | $ 338 | $ 334 | $ 325 | ||||||||
Sales Volume | |||||||||||||||
Southern Resources | |||||||||||||||
Sawlog | 1,000 Tons | 1,569 | 1,715 | 1,819 | 1,705 | 1,641 | 6,880 | ||||||||
Pulpwood | 1,000 Tons | 1,428 | 1,498 | 1,714 | 1,830 | 1,872 | 6,914 | ||||||||
Total Harvest | 2,997 | 3,213 | 3,533 | 3,535 | 3,513 | 13,794 | |||||||||
Northern Resources | |||||||||||||||
Sawlog | 1,000 Tons | 1,034 | 1,072 | 738 | 1,140 | 1,180 | 4,130 | ||||||||
Pulpwood | 1,000 Tons | 449 | 377 | 268 | 373 | 389 | 1,407 | ||||||||
Total Harvest | 1,483 | 1,449 | 1,006 | 1,513 | 1,569 | 5,537 | |||||||||
Lumber | MBF | 99,479 | 101,162 | 101,482 | 103,600 | 103,110 | 409,354 | ||||||||
Plywood | MSF | 73,959 | 74,292 | 73,841 | 75,657 | 69,703 | 293,493 | ||||||||
Fiberboard | MSF | 47,826 | 38,119 | 46,445 | 50,332 | 43,156 | 178,052 | ||||||||
Real Estate Revenue | $ Millions | $ 23 | $ 23 | $ 18 | $ 38 | $ 19 | $ 98 |
(1) Represents prices at mill level.