Anglo American PLC (AAL) - Anglo American Platinum interim results
RNS Number : 2069I
Anglo American PLC
23 July 2012
23 July 2012
Anglo American plc notification:
Anglo American Platinum Limited interim results 2012
Anglo American plc wishes to draw attention to Anglo American Platinum
Limited's announcement of its results for the six months ended 30 June 2012.
Anglo American Platinum Limited reported headline earnings of R713 million.
Anglo American plc will report underlying earnings in respect of Anglo
American Platinum Limited of $21 million for the six months ended 30 June
2012, which takes into account certain adjustments.
$m 6 months ended 6 months ended Year ended
IFRS headline earnings 83 469 527
Exploration 2 2 5
Operating and financing 13
remeasurements (net of tax) (51) (27)
Restructuring costs included in
headline earnings (net of tax)
- 6 6
BEE transactions and related charges - - 141
Other adjustments (3) 2 -
95 428 652
Non-controlling interests (19) (87) (132)
Elimination of intercompany interest 3 (1) (1)
Depreciation of assets fair valued on
acquisition (net of tax)
(25) (30) (55)
Corporate cost allocation (33) (25) (54)
Contribution to Anglo American plc
21 285 410
Anglo American plc will report results for the six months ended 30 June 2012
on 27 July 2012. The above figures are unaudited.
Underlying earnings is net profit attributable to equity shareholders,
adjusted to remove special items and remeasurements, and any related tax and
non-controlling interests. Special items are those items of financial
performance that the Group believes should be excluded from underlying
financial performance. Operating special items include impairment charges and
reversals and other exceptional items, including restructuring costs.
Non-operating special items include profits and losses on disposals of
investments and businesses as well as certain adjustments relating to business
combinations. 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 as well as
foreign exchange impact arising in US dollar functional currency entities on
deferred tax balances.
This information is provided by RNS
The company news service from the London Stock Exchange
IR DMGZNVGFGZZM -0- Jul/23/2012 06:00 GMT
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