Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Mon 7 Feb 2011, 10:50 AGL - Anglo American plc - Anglo American plc notification: Anglo Platinum
AGL
ANAAL                                                                           
AGL - Anglo American plc - Anglo American plc notification: Anglo Platinum      
Limited year end results 2010                                                   
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 Limited year end results 2010                                    
Anglo American wishes to draw attention to Anglo Platinum Limited`s             
announcement of its results for the year ended 31 December 2010.                
Anglo American will report underlying earnings in respect of Anglo Platinum     
Limited of US$425 million for the year ended 31 December 2010, which takes      
into account certain adjustments.                                               
                                                                                
                                                                       $m       
                                                                                
IFRS headline earnings (US dollar equivalent of published)         674       
   Exploration                                                         11       
   Operating and financing remeasurements (net of tax)               (21)       
   Restructuring costs included in headline earnings (net of           28       
tax)                                                                         
   Other adjustments                                                  (1)       
                                                                      691       
                                                                                
Non-controlling interests                                        (140)       
   Elimination of intercompany interest                                29       
   Depreciation of assets fair valued on acquisition (net of        (102)       
   tax)                                                                         
Corporate allocation                                              (53)       
                                                                                
   Contribution to Anglo American plc underlying earnings             425       
Anglo American will report results for the year ended 31 December 2010 on 18    
February 2011.  The above figures are unaudited.                                
Underlying Earnings                                                             
Underlying Earnings is net profit attributable to equity shareholders,          
adjusted to remove the effect of 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 transactions 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.                                                          
7 February 2011                                                                 
Sponsor: UBS South Africa Pty Ltd                                               
Date: 07/02/2011 10:50:36 Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.                                          
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: