2nd Aug 2006 08:00
Anglo American PLC02 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 interimresults for the period ended 30 June 2006. Anglo American will report underlying earnings in respect of Kumba of US$147million for the period ended 30 June 2006, which takes into account certainadjustments. Kumba Resources Limited $m IFRS headline earnings (US$ equivalent of published) 247Exchange rate adjustment (14)Depreciation on assets fair valued on acquisition (net of tax) (8)Exploration 6Other adjustments (7) 224Minority interest (77)Contribution to Anglo American plc underlying earnings 147 Anglo American will report interim results for the period ended 30 June 2006 on4 August 2006. 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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