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3. Profit for the financial year

The table below analyses the contribution of each business segment to the Group's operating profit including operating profit from associates for the financial year and its underlying earnings, which the directors consider to be a useful additional measure of the Group's performance. A reconciliation from 'Profit for the financial year attributable to equity shareholders of the Company' to 'Underlying earnings for the financial year' is given in note 12.

Operating profit including operating profit from associates is reconciled to 'Underlying earnings' and 'Profit for the financial year attributable to equity shareholders of the Company' in the table below:

              2008
US$ million Operating
profit/(loss)
before special
items and
remeasurements(1)
Operating
profit/(loss)
after special
items and
remeasurements

Operating
special
items and
remeasurements(2)


Net
profit on
disposals(2)

Financing
special
items and
remeasurements(2)
Net
interest,
tax and
minority
interests



Total
By business segment
Platinum 2,226 2,207 19 (913) 1,313
Diamonds 508 282 226 (252) 256
Base Metals 2,505 2,153 352 (1,136) 1,369
Ferrous Metals and Industries 2,935 2,320 615 (1,539) 1,396
Coal 2,240 2,221 19 (659) 1,581
Industrial Minerals 228 137 91 (55) 173
Exploration (212) (162) (50) 12 (200)
Corporate Activities and Unallocated Costs (345) (430) 85 (306) (651)
Total/Underlying earnings – continuing operations and total Group 10,085 8,728 1,357 (4,848) 5,237
Underlying earnings adjustments – continuing operations and total Group (1,357) 1,027 36 272 (22)
Profit for the financial year attributable to equity shareholders of the Company – continuing operations and total Group 5,215
(1)
Operating profit includes associates' operating profit which is reconciled to 'Share of net income from associates' in note 2.
(2)
Special items and remeasurements are set out in note 7.
              2007
US$ million Operating
profit/(loss)
before special
items and
remeasurements(1)
Operating
profit/(loss)
after special
items and
remeasurements

Operating
special
items and
remeasurements(2)


Net
profit on
disposals(2)

Financing
special
items and
remeasurements(2)
Net
interest,
tax and
minority
interests



Total
By business segment
Platinum 2,697 2,697 (1,398) 1,299
Diamonds 484 19 465 (245) 239
Base Metals 4,338 4,338 (1,238) 3,100
Ferrous Metals and Industries 1,432 1,435 (3) (827) 605
Coal 614 473 141 (124) 490
Industrial Minerals 474 407 67 (90) 384
Exploration (157) (157) 12 (145)
Corporate Activities and Unallocated Costs (292) (333) 41 (203) (495)
Total/Underlying earnings – continuing operations 9,590 8,879 711 (4,113) 5,477
Underlying earnings adjustments – continuing operations (711) 484 25 19 (183)
Profit for the financial year attributable to equity shareholders of the Company – continuing operations 5,294
               
Total/Underlying earnings – discontinued operations 526 291 235 (242) 284
 
Underlying earnings adjustments – discontinued operations (235) 2,086 13 (138) 1,726
Profit for the financial year attributable to equity shareholders of the Company – discontinued operations 2,010
               
Total/Underlying earnings – total Group 10,116 9,170 946 (4,355) 5,761
Underlying earnings adjustments – total Group (946) 2,570 38 (119) 1,543
Profit for the financial year attributable to equity shareholders of the Company – total Group 7,304
(1)
Operating profit includes associates' operating profit which is reconciled to 'Share of net income from associates' in note 2.
(2)
Special items and remeasurements for continuing operations are set out in note 7. Special items and remeasurements for discontinued operations are set out in note 35.

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