Anglo American plc notification: Anglo American Platinum Limited year end results 2015
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")
Anglo American plc notification:
Anglo American Platinum Limited year end results 2015
Anglo American wishes to draw attention to Anglo American Platinum Limited’s announcement
of its results for the year ended 31 December 2015. Anglo American Platinum Limited reported
Headline earnings of R107 million (2014: R786 million).
Anglo American will report underlying earnings in respect of Anglo American Platinum Limited
of $168 million for the year ended 31 December 2015, which takes into account certain
adjustments.
Year ended Year ended
$ million 31.12.15 31.12.14
Anglo American Platinum Headline earnings 38 70
Impairment of loans to Plateau Resources Proprietary (See Note 1)
Limited and Atlatsa Holdings Proprietary Limited 119 -
Operating and financing remeasurements (2) (16)
Restructuring costs 55 6
Other adjustments (1) (9)
209 51
Non-controlling interests (42) (10)
Exploration 6 6
Elimination of intercompany interest 67 49
Depreciation of assets fair valued on acquisition (22) (18)
Corporate cost allocation (50) (53)
Contribution to Anglo American underlying earnings 168 25
(Note 1) A wholly owned subsidiary of Atlatsa Resources Corporation.
Anglo American will report results for the year ended 31 December 2015 on 16 February 2016.
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.
Special items that relate to the operating performance of the Group are classified as operating special
items and principally include impairment charges and restructuring costs. Remeasurements include
unrealised gains and losses on financial assets and liabilities.
8 February 2016
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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