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Highlights

Bucket-wheel excavator at Kumba Iron Ore's Sishen open pit in South Africa's Northern Cape. Measuring 11 kilometres by 1.5 kilometres and almost 400 metres deep, this is one of the world's largest open pits, producing around 34 million tonnes of iron ore in 2008

Anglo American is committed to delivering operational excellence in a safe and responsible way, adding value for shareholders, customers, employees and the communities in which we operate.

$10.1bn Operating profit
(2007: $10.1bn)
$5.2bn Underlying earnings
(2007: $5.8bn)
$4.36 Earnings per share
(2007: $4.40)
  • Group operating profit of $10.1 billion, with operating profit from core operations up 10% to $9.8 billion
  • Strong performances from Coal and Ferrous Metals with increased production of coal and iron ore
  • 2009 capital expenditure reduced by more than 50% to $4.5 billion
  • $2 billion target by 2011 from cost saving and efficiency initiatives

Operating profit includes share of associates’ operating profit (before share of associates’ tax, finance charges and minority interest) and is before special items and remeasurements, unless otherwise stated. See note 3 to the financial statements for operating profit on a total Group basis. For definition of special items and remeasurements see note 7 to the financial statements and see note 35 for information on discontinued operations.

Operations considered core to the Group are Base Metals, Platinum, Ferrous Metals’ core businesses (Kumba Iron Ore, Scaw Metals, Samancor Manganese and Anglo Ferrous Brazil), Coal and Diamonds.

Capital expenditure relates to total Group cash expenditure on tangible assets.

Unless otherwise stated tonnes are metric tons, ‘Mt’ denotes million tonnes and ‘kt’ denotes thousand tonnes.

Unless otherwise stated ‘$’ and ‘dollar’ denote US dollars.

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Key figures