Performance

US$m	2010	2009	2008
Revenue
Anglo American Sur	2,075	1,723	1,965
Anglo American Norte	1,073	833	808
Collahuasi	1,729	1,411	1,134
Projects and corporate	–	–	–
Total revenue	4,877	3,967	3,907

EBITDA
Anglo American Sur	1,263	994	1,265
Anglo American Norte	661	408	288
Collahuasi	1,276	952	682
Projects and corporate	(114)	(100)	(131)
Total EBITDA	3,086	2,254	2,104

Depreciation and amortisation	269	244	212
Operating profit before special items and remeasurements
Anglo American Sur	1,125	862	1,157
Anglo American Norte	624	369	255
Collahuasi	1,186	880	613
Projects and corporate	(118)	(101)	(133)
Total operating profit before special items and remeasurements	2,817	2,010	1,892
Operating special items and remeasurements	15	104	(67)
Operating profit after special items and remeasurements	2,832	2,114	1,825

Net interest, tax and non-controlling interests	(1,096)	(809)	(848)

Underlying earnings
Anglo American Sur	685	444	699
Anglo American Norte	419	197	113
Collahuasi	738	663	367
Projects and corporate	(121)	(103)	(135)
Total underlying earnings	1,721	1,201	1,044

Net operating assets	6,291	4,763	3,148

Capital expenditure	1,530	1,123	815

Our business