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AGL - Anglo American plc - Anglo American plc notification

Release Date: 21/07/2011 08:00
Code(s): AGL
Wrap Text

AGL - Anglo American plc - Anglo American plc notification Anglo American plc Incorporated in the United Kingdom (Registration number: 3564138) Short name: Anglo Share code: AGL ISIN number: GB00B1XZS820 Anglo American plc notification: Kumba Iron Ore Limited interim results 2011 Anglo American wishes to draw attention to Kumba Iron Ore Limited`s announcement of its results for the six months ended 30 June 2011. Anglo American will report underlying earnings in respect of Kumba Iron Ore Limited of US$824 million for the six months ended 30 June 2011, which takes into account certain adjustments. $m
IFRS headline earnings (US dollar 1,319 equivalent of published) Other adjustments 1 1,320 Non-controlling interests (459) Elimination of intercompany interest (12) Depreciation of assets fair valued on (5) acquisition (net of tax) Corporate cost allocation (20)
Contribution to Anglo American plc 824 underlying earnings Anglo American will report results for the six months ended 30 June 2011 on 29 July 2011. The above figures are unaudited. Underlying Earnings Underlying Earnings is net profit attributable to equity shareholders, adjusted to remove special items and remeasurements, and any related tax and non- controlling interests. Special items are those items of financial performance that the Group believes should be excluded from underlying financial performance. Operating special items include impairment charges and reversals and other exceptional items, including restructuring costs. Non-operating special items include 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 non-hedge derivative instruments are recorded in underlying earnings in the same period as the underlying transaction against which these instruments provide an economic, but not formally designated, hedge as well as foreign exchange impact arising in US dollar functional currency entities on deferred tax balances. 21 July 2011 Sponsor: UBS South Africa (Pty) Ltd Date: 21/07/2011 08:00:58 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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