30th Jul 2007 08:10
Anglo American PLC30 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 announcementof their interim results for the six months ended 30 June 2007. Anglo American will report underlying earnings in respect of Platinum of US$717million for the six months ended 30 June 2007, which takes into account certainadjustments. Anglo Platinum Limited $m IFRS headline earnings (US dollar equivalent of published) 963Exploration 17Exchange rate difference 2Other adjustments (3) 979Minority 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 2007on 3 August 2007. The above figures are unaudited. Underlying Earnings Underlying Earnings is net profit attributable to equity shareholders, adjustedfor the effect of special items and remeasurements, and any related tax andminority interests. Special items include those items of financial performancewhich the Group believes should be excluded from underlying financialperformance, and principally relate to impairment and significant closure costs,exceptional legal provisions and profit or loss on disposals. Remeasurementsinclude adjustments to ensure that the unrealised gains or losses on non-hedgederivative instruments are recorded in underlying earnings in the same period asthe 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 ExchangeRelated Shares:
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