Kumba

KUMBA IRON OREANNUAL FINANCIAL STATEMENTS 2011

ANNEXURES

ANNEXURE 5: INCOME STATEMENT

FOR THE YEAR ENDED 31 DECEMBER

ANNEXURE 5: INCOME STATEMENT

US DOLLAR CONVENIENCE TRANSLATION

(Unaudited supplementary information)

US dollar million 2011   2010  
Revenue 6,697   5,299  
Operating expenses (2,288)   (1,858)  
Operating profit 4,409   3,441  
Finance income 33   20  
Finance costs (21)   (24)  
Profit before taxation 4,421   3,437  
Taxation (1,346)   (933)  
Profit for the year 3,075   2,504  
Attributable to:        
Owners of Kumba 2,351   1,961  
Non-controlling interest 724   543  
  3,075   2,504  
(Cents per share)        
Basic 7.32   6.11  
Diluted 7.31   6.10  
Exchange rate        
Translated at average rand/US dollar exchange rate 7.25   7.30