Sensitivity analysis

Effect in profit, SEK m 2014-06-30 2014-09-30 2014-12-31 2015-03-31 2015-06-30
Change in metal prices + 10%          
Copper 385 390 480 520 490
Zinc 570 610 620 710 635
Lead 105 105 100 115 100
Gold 175 180 200 230 225
Silver 175 160 155 190 175
   
Change in USD + 10%          
USD/SEK 1,080 1,130 1,160 1,290 1,195
EUR/USD 460 445 560 590 580
USD/NOK 105 115 115 130 120
   
Change in TC/RC + 10%          
TC/RC Copper 90 105 100 125 125
TC Zinc 35 40 40 60 50
TC Lead -15 -10 -15 -15 -15
   
The above table contains an estimate of how changes in market terms from listings on dates above, calculated on the basis of Boliden's planned production volumes, affect the Group's operating profit (EBIT) over the next twelve-month period. The sensitivity analysis does not take into account the effects of metal price hedging, currency hedging, contracted TC/RC, or revaluation of the smelters' process inventory.