Enhanced Investments - Financial Portal

Anglo American plc notification: Kumba Iron Ore Limited year end results 2023

Published: 2024-02-20 10:00:24 ET

Anglo American plc (the “Company”)
Registered office: 17 Charterhouse Street, London EC1N 6RA
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

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.


The Company has a primary listing on the Main Market of the London Stock Exchange and secondary
listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the Namibia Stock Exchange
and the SIX Swiss Exchange.

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)




Anglo American plc
17 Charterhouse Street, London, EC1N 6RA, United Kingdom
Registered office as above. Incorporated in England and Wales under the Companies Act 1985.
Registered Number: 3564138 Legal Entity Identifier: 549300S9XF92D1X8ME43
Legal Entity Identifier: 549300S9XF92D1X8ME43

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.