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Performance

US$m 201120102009
Revenue  8,124  6,612  3,419 
Of which:      
Kumba Iron Ore 6,717 5,310 2,816
Iron Ore Brazil 481 319 -
Samancor 926 983 603
       
EBITDA  4,733  3,856  1,593 
Of which:      
Kumba Iron Ore 4,546 3,514 1,562
Iron Ore Brazil (11) (73) (135)
Samancor 198 415 166
       
Depreciation and amortisation  180  142  81 
Operating profit before special items and remeasurements  4,520  3,681  1,489 
Of which:      
Kumba Iron Ore 4,397 3,396 1,487
Iron Ore Brazil (42) (97) (141)
Samancor 165 382 143
Operating special items and remeasurements (79) 356 (1,139)
Operating profit after special items and remeasurements  4,441  4,037  350 
       
Net finance costs, income tax expense and non-controlling interests  (2,995)  (2,258)  (918) 
       
Underlying earnings  1,525  1,423  571 
Of which:      
Kumba Iron Ore 1,462 1,210 490
Iron Ore Brazil (81) (77) (119)
Samancor 144 290 200
       
Net operating assets  13,069  11,701  10,370 
       
Capital expenditure (1) 1,732 1,195 1,140

(1) Cash basis and includes cash flows on related derivatives

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