Antofagasta Final Results

DividendMax Ltd.

Antofagasta Final Results

Preliminary Results Announcement for the year ended 31 December 2011


13 March 2012



2011

2010

% Change

Group revenue

US$'m

6,076.0

4,577.1

32.7%

EBITDA

US$'m

3,660.5

2,771.9

32.1%

Earnings per share (excluding exceptional items) (1)

cents

139.7

100.6

38.9%

Earnings per share

cents

125.4

106.7

17.5%

Net cash at year end (2)

US$'m

1,139.7

1,345.1

(15.3%)

Total dividend per share for the year       

(Ordinary: 2011 - 20.0 cents; 2010 - 16.0 cents)

(Special:   2011 -  24.0 cents; 2010 - 100.0 cents)

cents

44.0

116.0

(62.1%)

Average LME copper price (per pound)

cents

399.7

342.0

16.9%

Group copper production

'000 tonnes

640.5

521.1

22.9%

Group weighted average cash costs (3) (net of by-product credits)

cents

101.9

104.0

(2.0%)

Group weighted average cash costs (3) (excluding by-product credits)

cents

155.2

137.3

13.0%

Group gold production

'000 ounces

196.8

35.1

460.7%

Group molybdenum production

'000 tonnes

9.9

8.8

12.5%

Companies mentioned