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1、A NEW DAY BEGINSBHP BILLITON LIMITEDANNUAL REPORT 2001BHP BILLITON LIMITED ANNUAL REPORT 2001WWW.BHPBILLITON.COM1BHP BILLITON LIMITED CONCISE ANNUAL REPORT 2001The Dual Listed Companies(DLC)mergerof BHP Limited and Billiton Plc is thecrowning achievement of the past year,and a significant event in t
2、he globalresources industry.BHP Billiton has outstanding credentials.As we said at the time of the DLC merger,the new structure created“a formidableenterprise of global scale and diversity,with the capacity and flexibility to pursueinternational growth opportunities,andwith outstanding access to maj
3、or capitalmarkets.”This report illustrates thestrength,flexibility and growth wehighlighted then,as well as theresponsibility we believe will be essentialto being a leading company in the future.The law in Australia and the UnitedKingdom requires us to adopt a differentapproach to reporting results
4、for the year.For this reason,we have been required toproduce two Annual Reports:one for BHPBilliton Limited and one for BHP Billiton Plc.You will find this Annual Report for BHP Billiton Limited is in much the sameform as prior years.This will be helpful forthose of you who want to compare theperfor
5、mance of BHP Billiton Limited againstour performance last year.We are aware,however,thatnotwithstanding the reportingrequirements,many of you will want to see how our two companies look whencombined.Some of this information iscontained in this Report but moreextensive information is contained in the
6、Annual Report for BHP Billiton Plc becausethe regulations in the UK not only allowthis,but require it.Details on how you canobtain a copy of the BHP Billiton PlcAnnual Report are contained on the insidefront cover of this Report.BHP Billiton has an exceptional collectionof low cost,long life resourc