Sensitivity analysis

Effect in profit, SEK m 2013-06-30 2013-09-30 2013-12-31 2014-03-31 2014-06-30
Change in metal prices + 10%          
Copper 365 390 400 365 385
Zinc 450 445 485 490 570
Lead 85 85 90 100 105
Gold 145 150 140 160 175
Silver 115 130 140 155 175
   
Change in USD + 10%          
USD/SEK 915 930 960 970 1080
EUR/USD 350 350 385 380 460
USD/NOK 85 80 85 90 105
   
Change in TC/RC + 10%          
TC/RC Copper 85 80 90 85 90
TC Zinc 45 40 40 30 35
TC Lead -10 -10 -10 -10 -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.