Xstrata Plc - annual report 2006

Pro forma Segmental Analysis

for the year ended 31 December

Pro forma Segmental Analysis
US$m	Before exceptional items	Exceptional items	Total 2006	Before exceptional items	Exceptional items	Total 2005
Revenue
External parties:
Coal	3,757	-	3,757	3,841	-	3,841
Chrome	748	-	748	798	-	798
Platinum	12	-	12	-	-	-
Vanadium	199	-	199	318	-	318
Copper	12,508	-	12,508	6,927	-	6,927
Nickel	3,364	-	3,364	2,161	-	2,161
Zinc Lead	4,774	-	4,774	1,997	-	1,997
Aluminium	1,395	-	1,395	1,080	-	1,080
Technology	120	-	120	77	-	77
Revenue (continuing operations)	26,877	-	26,877	17,199	-	17,199
EBITDA
Coal	1,320	16	1,336	1,588	-	1,588
Chrome	141	-	141	169	-	169
Platinum	11	-	11	-	-	-
Vanadium	111	-	111	181	-	181
Copper	5,399	-	5,399	2,697	-	2,697
Nickel	1,386	-	1,386	721	-	721
Zinc Lead	1,946	-	1,946	398	-	398
Aluminium	286	-	286	158	-	158
Technology	26	-	26	14	-	14
Unallocated	(185)	63	(122)	(83)	7	(76)
EBITDA (continuing operations)	10,441	79	10,520	5,843	7	5,850
Profit on sale of discontinued operations:
Forestry	-	-	-	-	4	4
Unallocated	-	-	-	-	(8)	(8)
Total	10,441	79	10,520	5,843	3	5,846
Depreciation and amortisation
Coal	383	-	383	332	-	332
Chrome	23	-	23	27	-	27
Vanadium	6	-	6	6	-	6
Copper	871	-	871	845	-	845
Nickel	455	-	455	388	-	388
Zinc Lead	273	-	273	212	-	212
Aluminium	78	-	78	83	-	83
Technology	4	-	4	4	-	4
Unallocated	8	-	8	14	-	14
Total (continuing operations)	2,101	-	2,101	1,911	-	1,911

Pro forma Segmental Analysis
US$m	Before exceptional items	Exceptional items	Total 2006	Before exceptional items	Exceptional items	Total 2005
Profit before interest and taxation (EBIT)
Coal	937	16	953	1,256	-	1,256
Chrome	118	-	118	142	-	142
Platinum	11	-	11	-	-	-
Vanadium	105	-	105	175	-	175
Copper	4,528	-	4,528	1,852	-	1,852
Nickel	931	-	931	333	-	333
Zinc Lead	1,673	-	1,673	186	-	186
Aluminium	208	-	208	75	-	75
Technology	22	-	22	10	-	10
Unallocated	(193)	63	(130)	(97)	7	(90)
EBIT (continuing operations)	8,340	79	8,419	3,932	7	3,939
Profit on sale of discontinued operations:
Forestry	-	-	-	-	4	4
Unallocated	-	-	-	-	(8)	(8)
Total	8,340	79	8,419	3,932	3	3,935

Pro forma Segmental Analysis
US$m	2006	2005
Capital expenditure
Sustaining:
Coal	235	226
Chrome	36	26
Vanadium	4	9
Copper	257	246
Nickel	162	162
Zinc Lead	114	94
Aluminium	33	42
Technology	1	1
Unallocated	5	5
Total sustaining (continuing operations)	847	811
Expansionary:
Coal	295	292
Chrome	161	161
Platinum	58	-
Vanadium	1	7
Copper	257	178
Nickel	210	205
Zinc Lead	158	47
Aluminium	22	14
Technology	1	-
Unallocated	-	33
Total expansionary (continuing operations)	1,163	937
Total:
Coal	530	518
Chrome	197	187
Platinum	58	-
Vanadium	5	16
Copper	514	424
Nickel	372	367
Zinc Lead	272	141
Aluminium	55	56
Technology	2	1
Unallocated	5	38
Total (from continuing operations)	2,010	1,748

Geographical segments

The following tables present revenue and profit information and certain asset and liability information regarding the Group’s geographical segments for the years ended 31 December 2006 and 2005.

For the year ended 31 December

Pro forma Segmental Analysis
US$m	Before exceptional items	Exceptional items	Total 2006	Before exceptional items	Exceptional items	Total 2005
Revenue by origin
External parties:
Africa	1,673	-	1,673	1,906	-	1,906
Americas North	10,399	-	10,399	5,779	-	5,779
Americas South	7,396	-	7,396	4,219	-	4,219
Australasia	4,815	-	4,815	4,086	-	4,086
Europe	2,594	-	2,594	1,209	-	1,209
Revenue (continuing operations)	26,877	-	26,877	17,199	-	17,199
Revenue by destination
External parties:
Africa	243	-	243	237	-	237
Americas North	8,935	-	8,935	5,114	-	5,114
Americas South	1,180	-	1,180	1,099	-	1,099
Asia	6,801	-	6,801	4,701	-	4,701
Australasia	923	-	923	655	-	655
Europe	8,694	-	8,694	5,281	-	5,281
Middle east	101	-	101	112	-	112
Revenue (continuing operations)	26,877	-	26,877	17,199	-	17,199
EBITDA
Africa	439	-	439	621	-	621
Americas North	2,674	-	2,674	1,059	-	1,059
Americas South	4,444	-	4,444	2,267	-	2,267
Australasia	2,519	16	2,535	1,802	-	1,802
Europe	550	-	550	177	-	177
Unallocated	(185)	63	(122)	(83)	7	(76)
EBITDA (continuing operations)	10,441	79	10,520	5,843	7	5,850
Profit on sale of discontinued operations:
Americas South	-	-	-	-	4	4
Unallocated	-	-	-	-	(8)	(8)
Total	10,441	79	10,520	5,843	3	5,846

Pro forma Segmental Analysis
US$m	Before exceptional items	Exceptional items	Total 2006	Before exceptional items	Exceptional items	Total 2005
Depreciation and amortisation
Africa	106	-	106	111	-	111
Americas North	832	-	832	731	-	731
Americas South	728	-	728	692	-	692
Australasia	390	-	390	327	-	327
Europe	37	-	37	36	-	36
Unallocated	8	-	8	14	-	14
Total (continuing operations)	2,101	-	2,101	1,911	-	1,911
EBIT
Africa	333	-	333	510	-	510
Americas North	1,842	-	1,842	328	-	328
Americas South	3,716	-	3,716	1,575	-	1,575
Australasia	2,129	16	2,145	1,475	-	1,475
Europe	513	-	513	141	-	141
Unallocated	(193)	63	(130)	(97)	7	(90)
EBIT (continuing operations)	8,340	79	8,419	3,932	7	3,939
Profit on sale of discontinued operations:
Americas South	-	-	-	-	4	4
Unallocated	-	-	-	-	(8)	(8)
Total	8,340	79	8,419	3,932	3	3,935

Pro forma Segmental Analysis
US$m	2006	2005
Capital expenditure
Sustaining:
Africa	99	94
Americas North	211	220
Americas South	178	180
Australasia	324	284
Europe	30	28
Unallocated	5	5
Total sustaining (continuing operations)	847	811
Expansionary:
Africa	352	208
Americas North	225	238
Americas South	113	44
Australasia	450	401
Europe	23	13
Unallocated	-	33
Total expansionary (continuing operations)	1,163	937
Total:
Africa	451	302
Americas North	436	458
Americas South	291	224
Australasia	774	685
Europe	53	41
Unallocated	5	38
Total (continuing operations)	2,010	1,748

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Annual Report 2006

Pro forma Segmental Analysis

Geographical segments