Summary by business operations
| Revenue(1) | EBITDA(2) | Operating
profit/(loss)(3) | Underlying earnings |
|---|
| US$ million | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 |
| Iron Ore and Manganese |
8,124 |
6,612 |
4,733 |
3,856 |
4,520 |
3,681 |
1,525 |
1,423 |
|---|
| Kumba Iron Ore |
6,717 |
5,310 |
4,546 |
3,514 |
4,397 |
3,396 |
1,462 |
1,210 |
|---|
| Iron Ore Brazil |
481 |
319 |
(11) |
(73) |
(42) |
(97) |
(81) |
(77) |
|---|
| Samancor |
926 |
983 |
198 |
415 |
165 |
382 |
144 |
290 |
|---|
| Metallurgical Coal(4) |
4,347 |
3,522 |
1,577 |
1,134 |
1,189 |
780 |
844 |
586 |
|---|
| Australia |
4,068 |
3,377 |
1,526 |
1,147 |
1,161 |
814 |
831 |
616 |
|---|
| Canada |
279 |
145 |
82 |
18 |
59 |
(3) |
44 |
1 |
|---|
| Projects and corporate |
- |
- |
(31) |
(31) |
(31) |
(31) |
(31) |
(31) |
|---|
| Thermal Coal |
3,722 |
2,866 |
1,410 |
872 |
1,230 |
710 |
902 |
512 |
|---|
| South Africa |
2,642 |
2,105 |
902 |
539 |
775 |
426 |
611 |
314 |
|---|
| Colombia |
1,080 |
761 |
535 |
358 |
482 |
309 |
318 |
223 |
|---|
| Projects and corporate |
- |
- |
(27) |
(25) |
(27) |
(25) |
(27) |
(25) |
|---|
| Copper |
5,144 |
4,877 |
2,750 |
3,086 |
2,461 |
2,817 |
1,610 |
1,721 |
|---|
| Anglo American Sur |
2,320 |
2,075 |
1,247 |
1,263 |
1,092 |
1,125 |
746 |
685 |
|---|
| Anglo American Norte |
1,136 |
1,073 |
641 |
661 |
606 |
624 |
444 |
419 |
|---|
| Collahuasi |
1,688 |
1,729 |
1,052 |
1,276 |
957 |
1,186 |
617 |
738 |
|---|
| Projects and corporate |
- |
- |
(190) |
(114) |
(194) |
(118) |
(197) |
(121) |
|---|
| Nickel |
488 |
426 |
84 |
122 |
57 |
96 |
23 |
75 |
|---|
| Codemin |
203 |
195 |
77 |
83 |
73 |
76 |
52 |
48 |
|---|
| Loma de Níquel |
285 |
231 |
86 |
82 |
66 |
65 |
29 |
55 |
|---|
| Projects and corporate |
- |
- |
(79) |
(43) |
(82) |
(45) |
(58) |
(28) |
|---|
| Platinum |
7,359 |
6,602 |
1,672 |
1,624 |
890 |
837 |
410 |
425 |
|---|
| Diamonds |
3,320 |
2,644 |
794 |
666 |
659 |
495 |
443 |
302 |
|---|
| Other Mining and Industrial(4) |
4,039 |
5,375 |
393 |
894 |
195 |
664 |
107 |
521 |
|---|
| Core(4) |
720 |
613 |
215 |
173 |
188 |
146 |
113 |
84 |
|---|
| Copebrás |
571 |
461 |
160 |
104 |
136 |
81 |
80 |
48 |
|---|
| Catalão |
149 |
152 |
57 |
71 |
54 |
67 |
35 |
38 |
|---|
| Projects and corporate |
- |
- |
(2) |
(2) |
(2) |
(2) |
(2) |
(2) |
|---|
| Non-Core(4) |
3,319 |
4,762 |
178 |
721 |
7 |
518 |
(6) |
437 |
|---|
| Tarmac(5) |
2,347 |
2,376 |
106 |
188 |
(35) |
48 |
(31) |
67 |
|---|
| Scaw Metals(6) |
931 |
1,579 |
70 |
213 |
40 |
170 |
27 |
119 |
|---|
| Lisheen(7) |
36 |
265 |
17 |
114 |
17 |
114 |
14 |
99 |
|---|
| Black Mountain(7) |
5 |
197 |
3 |
73 |
3 |
73 |
1 |
47 |
|---|
| Skorpion(7) |
- |
311 |
- |
154 |
- |
134 |
- |
133 |
|---|
| Projects, corporate and other |
- |
34 |
(18) |
(21) |
(18) |
(21) |
(17) |
(28) |
|---|
| Exploration |
- |
- |
(121) |
(136) |
(121) |
(136) |
(118) |
(128) |
|---|
| Corporate Activities and Unallocated Costs |
5 |
5 |
56 |
(135) |
15 |
(181) |
374 |
(461) |
|---|
|
36,548 |
32,929 |
13,348 |
11,983 |
11,095 |
9,763 |
6,120 |
4,976 |
|---|
(1)Revenue includes the Group’s attributable share of revenue of joint ventures and associates. Revenue for copper and zinc operations is shown after deduction of treatment and refining charges (TC/RCs).
(2)Earnings before interest, tax, depreciation and amortisation (EBITDA) is operating profit before special items, remeasurements, depreciation and amortisation in subsidiaries and joint ventures and includes attributable share of EBITDA of associates.
(3)Operating profit includes operating profit before special items and remeasurements from subsidiaries and joint ventures and attributable share of operating profit (before interest, tax, non-controlling interests, special items and remeasurements) of associates.
(4)In 2011 Peace River Coal has been reclassified from Other Mining and Industrial to Metallurgical Coal to align with internal management reporting, and Copebrás and Catalão are considered core within the Other Mining and Industrial segment following a strategic review. Comparatives have been reclassified to align with current year presentation.
(5) In the year ended 31 December 2011 the Group sold Tarmac’s businesses in China, Turkey and Romania (2010: the Polish and French and Belgian concrete products businesses and the majority of the European aggregates businesses).
(6)Results for 2010 include Moly-Cop and AltaSteel, which were disposed of in December 2010.
(7)Skorpion, Lisheen and Black Mountain comprised the Group’s portfolio of zinc operations. The Group sold its interest in Skorpion in December 2010 and its interest in Lisheen and Black Mountain in February 2011. See note 13.