KIO - Kumba Iron Ore Limited - Trading statement for the twelve months ended 31
KIO
KIO
KIO - Kumba Iron Ore Limited - Trading statement for the twelve months ended 31
December 2010
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
JSE Share code: KIO
ISIN: ZAE000085346
("Kumba" or "the Company")
TRADING STATEMENT FOR THE TWELVE MONTHS ENDED 31 DECEMBER 2010
Kumba is currently finalising its results for the twelve months ended 31
December 2010 ("the period"), which will be released on SENS on or about 10
February 2011. Shareholders are advised that earnings and headline earnings are
likely to be between R14,000 million and R14,400 million, with headline earnings
per share ("HEPS") and earnings per share ("EPS") being between R43.65 and
R44.90.
Headline earnings and basic earnings reported for the financial results for the
twelve months ended 31 December 2009 (as restated in the interim results for the
6 months ended 30 June 2010, released on SENS on 22 July 2010) ("the comparative
period") were R6,972 million and R6,992 million respectively while HEPS and EPS
reported for the comparative period were R21.87 and R21.94 respectively.
The increase in earnings is attributable primarily to increases in export iron
ore prices and sales volumes in the period.
The forecast financial information on which this trading statement is based has
not been reviewed and reported on by the Company`s external auditors.
Pretoria
17 January 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 17/01/2011 08:07:02 Produced by the JSE SENS Department.
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