14 February 2008
Anglo American plc notification: Kumba Iron Ore Limited results 2007
Anglo American wishes to draw attention to Kumba Iron Ore Limited's announcement of their results for the year ended 31 December 2007.
Anglo American wishes to draw attention to Kumba Iron Ore Limited's announcement
of their results for the year ended 31 December 2007.
Anglo American will report underlying earnings in respect of Kumba Iron Ore
Limited of US$274 million for the year ended 31 December 2007, which takes
into account certain adjustments.
| Kumba Iron Ore Limited |
$m |
| IFRS headline earnings (US dollar equivalent of published) |
434 |
| Other |
7 |
| |
441 |
| Minority interest |
(155) |
| Depreciation of assets fair valued on acquisition (net of tax) |
(12) |
| Contribution to Anglo American plc underlying earnings |
274 |
Anglo American will report results for the year ended 31 December 2007 on
20 February 2008. The above figures are unaudited
Underlying Earnings
Underlying Earnings is net profit attributable to equity shareholders, adjusted
for the effect of special items and remeasurements, and any related tax and
minority interests. Special items include those items of financial performance
which the Group believes should be excluded from underlying financial performance,
and principally relate to impairment and significant closure costs, exceptional
legal provisions and profit or loss on disposals. Remeasurements include adjustments
to ensure that the unrealised gains or losses on non-hedge derivative instruments
are recorded in underlying earnings in the same period as the underlying transaction
against which these instruments provide an economic, but not formally designated,
hedge.
Anglo American plc
20 Carlton House Terrace London SW1Y 5AN United Kingdom
Tel: +44 (0)20 7968 8888 Fax: +44 (0)20 7968 8500
www.angloamerican.co.uk
Registered office as above. Incorporated in England and Wales under the Companies Act 1985. Registered Number 3564138
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