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KUMBA IRON ORE LIMITED - Trading statement for the twelve months ended 31 December 2012

Release Date: 16/01/2013 08:00
Code(s): KIO     PDF:  
Wrap Text
Trading statement for the twelve months ended 31 December 2012

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
JSE Share code: KIO
ISIN: ZAE000085346
("Kumba" or "the Company")

TRADING STATEMENT FOR THE TWELVE MONTHS ENDED 31 DECEMBER 2012

Kumba is currently finalising its results for the twelve months ended
31 December 2012 ("the period"), which will be released on SENS on or
about 12 February 2013. Headline earnings and basic earnings for the
period are likely to be between R11,650 million and R12,450 million,
with headline earnings per share ("HEPS") and earnings per share
("EPS") to be between R36.30 and R38.80.

Headline earnings and basic earnings reported for the 12 months ended
31 December 2011 (as released on SENS on 9 February 2012) ("the
comparative period") were R17,048 million and R17,042 million
respectively while HEPS and EPS reported for the comparative period
were R53.13 and R53.11 respectively.


The decrease in earnings is largely attributable to a decrease in
export iron ore prices in the period and the impact on production
following the illegal strike at Sishen Mine.


The financial information on which this trading statement is based
has not been reviewed and reported on by the Company’s external
auditors.


Pretoria
16 January 2013

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

Date: 16/01/2013 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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