Performance

US$m	2010	2009	2008
Revenue
Subsidiaries and joint ventures	5,629	2,816	2,573
Associates	983	603	1,526
Total revenue	6,612	3,419	4,099
Of which:
Kumba Iron Ore	5,310	2,816	2,573
Iron Ore Brazil	319	-	-
Samancor	983	603	1,526

EBITDA
Kumba Iron Ore	3,514	1,562	1,632
Iron Ore Brazil	(73)	(135)	(5)
Samancor	415	166	998
Total EBITDA	3,856	1,593	2,625

Depreciation and amortisation	175	104	71
Operating profit before special items and remeasurements
Kumba Iron Ore	3,396	1,487	1,583
Iron Ore Brazil	(97)	(141)	(9)
Samancor	382	143	980
Total operating profit before special items and remeasurements	3,681	1,489	2,554
Operating special items and remeasurements	356	(1,139)	(620)
Operating profit after special items and remeasurements	4,037	350	1,934

Net interest, tax and non-controlling interests	(2,258)	(918)	(1,404)

Underlying earnings	1,423	571	1,150
Of which:
Kumba Iron Ore	1,210	490	523
Iron Ore Brazil	(77)	(119)	(31)
Samancor	290	200	658

Net operating assets	11,701	10,370	10,457

Capital expenditure	1,195	1,140	944

Our business