Last checked at 20 Feb 2024 07:00
20 February 2024 |
Anglo American plc notification: Kumba Iron Ore Limited year end results 2023 |
Anglo American plc ("Anglo American") notes Kumba Iron Ore Limited's announcement of its results for the year ended 31 December 2023, released this morning to the Johannesburg Stock Exchange and available via the following website link:
www.angloamericankumba.com/financial-results.
Kumba Iron Ore Limited reported adjusted EBITDA of R45.7 billion (audited), equivalent to approximately $2.5 billion.
Below is a reconciliation of Kumba Iron Ore Limited's adjusted EBITDA to its contribution to Anglo American's underlying EBITDA:
US$ billion |
| 2023 |
Kumba Iron Ore Limited reported adjusted EBITDA(1) | ~2.5 | |
Adjustments for corporate cost allocation and other items |
| ~ (0.1) |
Contribution to Anglo American underlying EBITDA (not audited) |
| ~2.4 |
(1) Adjusted EBITDA as disclosed in Kumba Iron Ore Limited's annual report, defined as operating profit before deducting depreciation, amortisation and impairment charges and before adding impairment reversals.
Anglo American will report results for the year ended 31 December 2023 on 22 February 2024.
Legal Entity Identifier: 549300S9XF92D1X8ME43