ANGLO AMERICAN PLC - Anglo American plc notification: Kumba Iron Ore Limited interim year end results 2016

Anglo American plc notification: Kumba Iron Ore Limited interim year end results 2016

Anglo American plc  
(Incorporated in England and Wales)  
(Registration number: 3564138)  
Registered office: 20 Carlton House Terrace, London, SW1Y 5AN  
ISIN: GBOOB1XZS820  
JSE Share Code: AGL  
NSX Share Code: ANM  

Anglo American plc notification:
Kumba Iron Ore Limited interim year end results 2016

Anglo American wishes to draw attention to Kumba Iron Ore Limited’s announcement of its
results for the year ended 31 December 2016. Kumba Iron Ore Limited reported headline
earnings of R8,724 million.

Anglo American will report underlying earnings in respect of Kumba Iron Ore Limited of
$438 million for the year ended 31 December 2016, which takes into account certain adjustments.


                                                                                                Year         Year
                                                                                               ended        ended
 $ million                                                                                  31.12.16     31.12.15

 Headline earnings                                                                               607          304
 Kumba Envision Trust(1)                                                                          22           19
 One-off tax charges(1)                                                                           59           82
 Restructuring costs(1)                                                                           14            2
 Other adjustments                                                                              (11)          (1)
                                                                                                 691          406

 Non-controlling interests                                                                     (207)        (126)
 Exploration                                                                                       5            7
 Elimination of intercompany interest income                                                    (19)          (1)
 Other adjustments                                                                                 -          (8)
 Corporate cost allocation                                                                      (32)         (40)

 Contribution to Anglo American underlying earnings                                              438          238
 
(1)These items are included in Headline earnings but are special items so are excluded from Anglo American underlying earnings.

Anglo American will report results for the year ended 31 December 2016 on 21 February 2017.
The above figures are unaudited.

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.


14 February 2017

Sponsor  
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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