Anglo American PLC
30 July 2007
News Release
30 July 2007
Anglo American plc notification:
Anglo Platinum Limited interim results 2007
Anglo American wishes to draw attention to Anglo Platinum Limited's announcement
of their interim results for the six months ended 30 June 2007.
Anglo American will report underlying earnings in respect of Platinum of US$717
million for the six months ended 30 June 2007, which takes into account certain
adjustments.
Anglo Platinum Limited
$m
IFRS headline earnings (US dollar equivalent of published) 963
Exploration 17
Exchange rate difference 2
Other adjustments (3)
979
Minority interest (247)
Depreciation on assets fair valued on acquisition (net of tax) (15)
Contribution to Anglo American plc underlying earnings 717
Anglo American will report interim results for the six months ended 30 June 2007
on 3 August 2007. 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.
This information is provided by RNS
The company news service from the London Stock Exchange
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