Xstrata’s financial performance during 2009, including the key performance indicators used to measure it, is discussed in detail in the Financial review.
In response to the global economic downturn, the Group restructured and transformed all of its businesses, improving operating costs and competitive positions.
Earnings per share show attributable profit (net earnings) earned per share. Xstrata’s growth in earnings per share (compound annual growth rate) is shown compared to the average for Anglo American, BHP Billiton and Rio Tinto (FTSE diversifieds).
Xstrata |
FTSE diversifieds** |
* Xstrata EPS and EBITDA on statutory basis (i.e. acquisitions included from date of transaction completion); EPS adjusted for rights issues.
** Weighted average for Anglo American, BHP Billiton and Rio Tinto; BHP Billiton adjusted to December financial year for comparison purposes.
‡ Compound annual growth rate (CAGR) 2004-2009.
Xstrata’s growth in earnings before interest, tax, depreciation and amortisation (EBITDA) before exceptional items is shown compared to the average for the FTSE diversified miners. This provides an indication of the rate of earnings growth achieved.
Xstrata |
FTSE diversifieds** |
* Xstrata EPS and EBITDA on statutory basis (i.e. acquisitions included from date of transaction completion); EPS adjusted for rights issues.
** Weighted average for Anglo American, BHP Billiton and Rio Tinto; BHP Billiton adjusted to December financial year for comparison purposes.
‡ Compound annual growth rate (CAGR) 2004-2009.
The EBITDA margin shows earnings before interest, tax, depreciation and amortisation (EBITDA) before exceptional items as a percentage of revenue. It is a measure of how efficiently revenue is converted into EBITDA.
Xstrata |
FTSE diversifieds** |
* Xstrata EPS and EBITDA on statutory basis (i.e. acquisitions included from date of transaction completion); EPS adjusted for rights issues.
** Weighted average for Anglo American, BHP Billiton and Rio Tinto; BHP Billiton adjusted to December financial year for comparison purposes.
‡ Compound annual growth rate (CAGR) 2004-2009.
Sustainable real cost savings are an important driver of value and a measure of our operational excellence. In 2009, Xstrata achieved real cost savings equivalent to 5% of the operating cost base. The analysis below shows cost savings as a percentage of an inferred cost base (revenue minus profit), to enable a comparison between companies using publicly available data.
Xstrata |
FTSE diversifieds** |
* Xstrata EPS and EBITDA on statutory basis (i.e. acquisitions included from date of transaction completion); EPS adjusted for rights issues.
** Weighted average for Anglo American, BHP Billiton and Rio Tinto; BHP Billiton adjusted to December financial year for comparison purposes.
† Based on reported cost variance contribution to annual profit variance; adjusted to include mining inflation impact.
‡ Compound annual growth rate (CAGR) 2004-2009.
TSR calculates the total return from an investment in Xstrata, calculated from the growth in share price together with the dividend income from the shares, with dividend income assumed to be reinvested. The graph shows the total return for a £100 investment in Xstrata plc, benchmarked against the FTSE 100 index of the largest UK companies.