Attributable earnings for the period are R3 435 million or 1 002 cents per share representing a
154% increase on the comparable 2007 attributable earnings of R1 352 million or 396 cents per share. This includes Exxaro’s
20% share of the after-tax profits of Sishen Iron Ore Company (Pty) Limited (SIOC) amounting to R1 856 million, a negative contribution
of R4 million from the effective 22% interest in the Chifeng zinc refinery and an equity accounted loss of R251 million from the
26% interest in Black Mountain.
Headline earnings which exclude the impact of the impairment of the carrying value of assets in the earnings of Black Mountain, are
R3 663 million or 1 068 cents per share, this is 167% higher than R1 374 million or 403 cents per share in the previous corresponding
period.
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