This presentation provides a financial analysis of Fortescue Metals Group Limited, an Australian iron ore company. It begins with a company overview and then delves into the Weighted Average Cost of Capital (WACC), calculating it to be 4.41% and breaking down the cost of debt and equity. The presentation also examines the capital structure, highlighting the debt and equity amounts and their respective costs. Furthermore, it discusses the dividend policy, noting the company's approach to distributing earnings and retaining funds for future investments. Finally, it evaluates the company's corporate financial policies, analyzing stock performance around dividend announcements to assess market impact and overall financial health. The analysis uses data from 2017-2018 and draws conclusions about the company's competitive financial position.