Anglo American PLC
02 August 2006
News Release
2 August 2006
Anglo American plc notification:
Kumba Resources Limited's interim results 2006
Anglo American wishes to draw attention to Kumba's announcement of their interim
results for the period ended 30 June 2006.
Anglo American will report underlying earnings in respect of Kumba of US$147
million for the period ended 30 June 2006, which takes into account certain
adjustments.
Kumba Resources Limited
$m
IFRS headline earnings (US$ equivalent of published) 247
Exchange rate adjustment (14)
Depreciation on assets fair valued on acquisition (net of tax) (8)
Exploration 6
Other adjustments (7)
224
Minority interest (77)
Contribution to Anglo American plc underlying earnings 147
Anglo American will report interim results for the period ended 30 June 2006 on
4 August 2006.
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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