Aug 9 (Reuters) - Newcrest Mining Ltd (NCM) :
- COMPANY IS CONDUCTING ITS CARRYING VALUE REVIEW OF ASSETS AS AT 30 JUNE 2018 IN ACCORDANCE WITH ITS USUAL POLICY AND PROCESSES
- LIKELY REDUCTION IN CARRYING VALUES OF CERTAIN ASSETS NEEDED, WITH NON-CASH EARNINGS IMPACT IN RANGE OF $260 MILLION TO $270 MILLION AFTER TAX
- NEWCREST'S FREE CASH FLOW FOR YEAR ENDED 30 JUNE 2018 IS EXPECTED TO BE APPROXIMATELY $600 MILLION
- NEWCREST EXPECTS NET DEBT AS AT 30 JUNE 2018 TO BE $1,040 MILLION
- OUTCOMES OF THE REVIEWS MAY POTENTIALLY IMPACT REPORTED MINERAL RESOURCES AND ORE RESERVES FOR THE ASSETS
- LIKELY CARRYING VALUE ADJUSTMENTS AT 30 JUNE 2018 WILL BE NON-CASH, REPORTED AS SIGNIFICANT ITEMS & NOT INCLUDED IN UNDERLYING PROFIT
