Anglo American Platinum Limited year end results 2014
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name JSE: Anglo
Share code JSE: AGL
Short name NSX: Anglo-AMRC NM
Share code: NSX: ANM
ISIN number: GB00B1XZS820
(the "Company")
Anglo American plc notification:
Anglo American Platinum Limited year end results 2014
Anglo American wishes to draw attention to Anglo American Platinum Limited’s announcement
of its results for the year ended 31 December 2014. Anglo American Platinum Limited reported
headline earnings of R786 million.
Anglo American will report underlying earnings in respect of Anglo American Platinum Limited
of $25 million for the year ended 31 December 2014, which takes into account certain
adjustments.
Year ended Year ended
$ million 31.12.14 31.12.13
IFRS headline earnings 70 152
Operating and financing remeasurements (16) (8)
Restructuring costs included in headline earnings 6 105
BEE transactions and related charges - (44)
Tax special item included in headline earnings - 188
Other adjustments (9) 5
51 398
Non-controlling interests (10) (80)
Exploration 6 2
Elimination of intercompany interest 49 67
Depreciation of assets fair valued on acquisition (18) (36)
Corporate cost allocation (53) (64)
Contribution to Anglo American underlying earnings 25 287
Anglo American will report results for the year ended 31 December 2014 on 13 February 2015.
The above figures are unaudited.
Anglo American plc
20 Carlton House Terrace London SW1Y 5AN United Kingdom
Tel: +44 (0)20 7968 8888 Fax: +44 (0)20 7968 8500
Registered office as above. Incorporated in England and Wales under the Companies Act 2006. Registered Number 3564138
Underlying earnings
Underlying earnings is profit attributable to equity shareholders before special items and remeasurements,
and is therefore presented after net finance costs, income tax and non-controlling interests. Special items
are those items of financial performance that the Group believes should be separately disclosed to assist
in the understanding of the underlying financial performance achieved by the Group.
Operating special items principally include impairment charges and restructuring costs. Non-operating
special items include costs in relation to closure of operations, profits and losses on disposals of
investments and businesses as well as certain adjustments relating to business combinations.
Remeasurements include adjustments to ensure that the unrealised gains or losses on financial assets
and liabilities are recorded in underlying earnings in the same year as the underlying transaction for which
the instruments provide the economic hedge.
9 February 2015
Sponsor: UBS South Africa (Pty) Ltd
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