| Mon 11 Feb 2008, 9:38 | | AGL - Anglo American plc notification: Anglo Platinum annual results 2007 |
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AGL
ANAAL
AGL - Anglo American plc notification: Anglo Platinum annual results 2007
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
("Anglo American plc" or "the company")
Anglo American plc notification: Anglo Platinum annual results 2007
Anglo American wishes to draw attention to Anglo Platinum Limited`s
announcement of its results for the year ended 31 December 2007.
Anglo American will report underlying earnings in respect of Platinum of
US$1,299 million for the year ended 31 December 2007, which takes into
account certain adjustments.
Anglo Platinum Limited $m
IFRS headline earnings (US dollar equivalent 1,748
of published)
Exploration 36
Exchange rate difference 4
Other adjustments (10)
1,778
Minority interest (443)
Depreciation on assets fair valued on (36)
acquisition (net of tax)
Contribution to Anglo American plc underlying 1,299
earnings
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.
Date: 11 February 2008
Sponsor: UBS South Africa
Date: 11/02/2008 09:38:01 Produced by the JSE SENS Department.
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