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Anglo American meeting the worlds needs
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Annual Results 2007

Anglo American announces its annual results for the year ending 31 December 2007 with total group operating profit of $10.1 billion.

Financial results

  • Record total Group operating profit(1) of $10.1 billion, with operating profit from core operations(2) up 12% to $8.9 billion
  • Highest ever total Group underlying earnings(3) of $5.8 billion, up 5%
  • Underlying earnings per share up 18% to $4.40
  • Strong performances from Base Metals, Platinum, Ferrous Metals and Industrial Minerals
  • Value Based Management being rolled out across the Group:
     - $1 billion initial estimate of annualised procurement and shared services savings in 3 years
    - $380 million achieved in cost savings in 2007
  • Total Group profit for the year attributable to equity shareholders up 18% at
    $7.3 billion


Uplifting our unique portfolio and driving significant growth

  • Expediting projects for significant near and medium term growth (PPRust, Sishen, Dawson, Lake Lindsay, Barro Alto, Los Bronces, Zondagsfontein)
  • Creating new growth through acquisitions (Minas-Rio / Amapá, Michiquillay, Foxleigh, Pebble)
  • $12 billion of projects currently under development; additional projects under consideration estimated at $29 billion
  • Demerger of Mondi and reduction of AngloGold Ashanti shareholding

Dividend

  • Final dividend up 15% to 86 cents per share, bringing total normal dividends for the year to 124 cents per share - a 15% increase on 2006

Download a PDF of the full press release under Related Resources

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