ANGLO AMERICAN PLC - Anglo American plc notification: Kumba Iron Ore Limited interim results 2017

Anglo American plc notification: Kumba Iron Ore Limited interim results 2017

Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
JSE Share code: AGL
NSX Share code: ANM
ISIN number: GB00B1XZS820

Anglo American plc notification:
Kumba Iron Ore Limited interim results 2017

Anglo American wishes to draw attention to Kumba Iron Ore Limited’s announcement of its
results for the six months ended 30 June 2017. Kumba Iron Ore Limited reported headline
earnings of R4,603 million.

Anglo American will report underlying earnings in respect of Kumba Iron Ore Limited of
$210 million for the six months ended 30 June 2017, which takes into account certain adjustments.

                                                                                              6 months   6 months       Year
                                                                                                 ended      ended      ended
                                                                                  $ million   30.06.17   30.06.16   31.12.16

 Headline earnings                                                                                 348        198        607
 Special items(1)                                                                                    -         35         95
 Other adjustments                                                                                   3        (6)       (11)
                                                                                                   351        227        691

 Non-controlling interests                                                                       (104)       (69)      (207)
 Exploration                                                                                        3           1         5
 Elimination of intercompany interest                                                             (24)        (2)       (19)
 Corporate cost allocation                                                                        (16)       (14)       (32)

 Contribution to Anglo American underlying earnings                                               210         143        438

(1)These items are included in Headline earnings but are excluded from Anglo American underlying earnings. These
include one-off tax charges, Kumba Envision Trust and restructuring costs.

Anglo American will report results for the six months ended 30 June 2017 on 27 July 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.


25 July 2017

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


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