- Operating profit (1) increased to $5.5 billion, up 19%
- Record underlying earnings (2) of $3.1 billion, up 22%
- EBITDA(3) of $6.6 billion, up 12%
- Strong performances from Platinum, Base Metals, Ferrous Metals and Industrial Minerals
- Further $4 billion buyback announced
- Interim dividend increased from 33 to 38 cents per share, up 15%
- Substantial $8.2 billion project pipeline:
- Acquisition of 49% interest in the MMX Minas-Rio iron ore project in
- Winning tender for Michiquillay copper project in
- Acquisition of a 50% stake in the Pebble copper project in
- Major Australian coal projects on track for 2007/08
- Sishen Expansion project on track for first commercial output Q4 2007
- Acquisition of 49% interest in the MMX Minas-Rio iron ore project in
- Good progress in completing our restructuring:
- Decision taken to sell Tarmac
- Completion of demerger of Mondi
- Disposal of holding in Highveld Steel
- Unbundling of Hulamin from the Tongaat-Hulett Group
- Decision taken to sell Tarmac
- Actions taken to improve poor safety performance
- Unacceptable safety performance, particularly in Platinum
- Immediate measures put in place at Rustenburg section platinum mine to address safety concern
- Unacceptable safety performance, particularly in Platinum
- Strong management focus on operational improvements
HIGHLIGHTS FOR THE SIX MONTHS ENDED US$ million (except per share) 6 months ended 6 months ended % change Group revenue including associates(4) 19,849 18,825 5.4% Operating profit including associates before special items and remeasurements(1) 5,452 4,563 19.5% Profit for the period attributable to equity shareholders 3,379 2,943 14.8% Underlying earnings for the period(2) 3,058 2,502 22.2% EBITDA(3) 6,554 5,856 11.9% Net cash inflows from operating activities 3,678 3,289 11.8% Earnings per share (5) (US$): Basic earnings per share 2.41 2.00 20.5% Underlying earnings per share 2.18 1.70 28.2% Interim dividend (US cents per share): Interim dividend 38 33 15.2%
30 JUNE 2007
30 June 2007
30 June 2006
