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ANGLO AMERICAN PLC - Anglo American plc notification: Anglo American Platinum Limited interim results 2015

Release Date: 20/07/2015 09:38
Code(s): AGL     PDF:  
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Anglo American plc notification:
Anglo American Platinum Limited interim results 2015

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 interim results 2015

Anglo American wishes to draw attention to Anglo American Platinum Limited’s announcement
of its results for the six months ended 30 June 2015. Anglo American Platinum Limited reported
headline earnings of R2,471 million.

Anglo American will report underlying earnings in respect of Anglo American Platinum Limited
of $175 million for the six months ended 30 June 2015, which takes into account certain
adjustments.

                                                                6 months    6 months
                                                                   ended       ended   Year ended
$ million                                                        30.06.15   30.06.14     31.12.14

IFRS headline earnings                                             206         14            70
Operating and financing remeasurements                              (2)        (3)         (16)
Restructuring costs included in headline earnings                   11           -            6
Other adjustments                                                   (2)          3          (9)
                                                                   213         14            51

Non-controlling interests                                          (43)        (3)         (10)
Exploration                                                           2          2            6
Elimination of intercompany interest                                 37         23           49
Depreciation of assets fair valued on acquisition                  (12)        (9)         (18)
Corporate cost allocation                                          (22)       (28)         (53)

Contribution to Anglo American underlying earnings                 175         (1)          25

Anglo American will report results for the six months ended 30 June 2015 on 24 July 2015.
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.

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.

20 July 2015
Sponsor: UBS South Africa (Pty) Ltd

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