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Bhp Foreign Exchange Risk Management Tool and Policis

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Bhp Foreign Exchange Risk Management Tool and Policis

International financial management

BHP Billiton Group is the largest diversified natural resources company in the world. It was formed in June 2001 from the merger of BHP Limited and Billiton Plc, which are located in Melbourne and London. The company has the same board of directors and management team. BHP Billiton Group operates nine business segments, that called Customer Sector Groups (CSGs), these segments are petroleum, base metals, aluminium, diamonds and specialty products, stainless steel materials, iron ore, manganese, energy coal and metallurgical coal. They have more than 99,000 employees working in over 100 operations in 25 countries around the world. BHP Billiton Limited has listing on the Australian Securities Exchange (ASX) in Australia, the Swiss Stock Exchange in Switzerland and Frankfurt Stock Exchange in Germany. In addition, BHP Billiton Plc has listing on the London Stock Exchange (LSE) in the United Kingdom, the New York Stock Exchange (NYSE) in the United States and the Johannesburg Stock Exchange in South Africa. The group has been well known as is the largest mining company in the world with a global portfolio of high quality assets. In June 2009, the company had market capitalization of approximately US$144 billion. Further, it reported revenue of $50.2 billion and net operating cash flow of US$18.9 billion (BHB Billiton Annual Report 2009).

However, they are a number of risks such as:.......that may effect in BHP's operations and results as a consequence of the international operations and the industries in which they are engaged.


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