Revised Aluminium Supp Info
BHP Billiton Limited
14 August 2002
BHP Billiton Limited is issuing this announcement to fulfil disclosure
obligations arising from its secondary listing on the London Stock Exchange.
The text of this release is identical to that issued by BHP Billiton Plc
earlier.
14 August 2002
Number: 51/02
BHP BILLITON ISSUES ALUMINIUM CUSTOMER SECTOR GROUP SUPPLEMENTARY INFORMATION
BHP Billiton today posted amended supplementary information relating to its full
year results for the year ended 30 June 2002 to its website at BHPBilliton.com.
The amended information relates to the Aluminium Customer Sector Group ('CSG')
and is recorded on page 2 of the supplementary information. A copy is attached
to this press release for reference. The amendments cover the breakdown of
turnover, EBITDA and EBIT in the 2002 year between the components of the
Aluminium CSG together with an amendment to the split between sustaining and
growth capital expenditure. The Aluminium CSG totals for turnover, EBITDA, EBIT
and capital expenditure, and all other figures previously reported for
depreciation & amortisation, net operating assets and exploration are unchanged.
As a result of these amendments, the table titled 'Trading activities included
above: Turnover' in note 3 to the Preliminary Profits Announcement of 7 August
titled, 'Segmental analysis by business', will also change. A copy is attached
to this press release for reference. The amendment relates to the turnover of
the Aluminium CSG in this table that in turn will affect the total figure for
this table.
The change between growth and sustaining capital expenditure for the Aluminium
CSG will result in a change to the group total numbers from US$ 1,962 million
growth and US$ 859 million sustaining to US$ 1930 million growth and US$ 891
million sustaining. Total capital expenditure for the group of US$ 2,821 million
remains unchanged.
***
Further news and information can be found on our Internet site:
http://www.bhpbilliton.com/
Australia United Kingdom
Andrew Nairn, Investor Relations Mark Lidiard, Investor and Media Relations
Tel: + 61 3 9609 3952 Mobile: +61 408 313 259 Tel: +44 207 747 3956
email: Andrew.W.Nairn@bhpbilliton.com email: Mark.Lidiard@bhpbilliton.com
Mandy Frostick, Media Relations United States
Tel: +61 3 9609 4157 Mobile: +61 419 546 245 Francis McAllister, Investor Relations
email: Mandy.J.Frostick@bhpbilliton.com Tel: +1 713 961 8625 Mobile: +1 713 480 3699
email: Francis.R.McAllister@bhpbilliton.com
South Africa
Michael Campbell, Investor & Media Relations
Tel: +27 11 376 3360 Mobile: +27 82 458 2587
email: Michael.J.Campbell@bhpbilliton.com
Customer Sector Group Results - Full Year Comparison
ALUMINIUM
Year ended 30 June 2002
US$ Million
Depn & Net Exploration Exploration
Operating
Turnover EBITDA (1) amortisation EBIT (2) assets (3) Capex (4) gross to profit
(5)
Alumina 661 278 106 172 2 210 37
Aluminium 1 396 435 128 307 2 517 254
Intra-divisional ( 206) - - - - -
adjustment
Third party 1 006 13 - 13 - -
products
Total 2 857 726 234 492 4 727 291 - -
Year ended 30 June 2001
US$ Million
Depn & Net Exploration Exploration
Operating
Turnover EBITDA (1) amortisation EBIT (2) assets (3) Capex (5) gross to profit
Alumina 520 260 72 188 2 190 1 525
Aluminium 1 566 447 126 321 2 540 110
Intra-divisional ( 129) - - - - -
adjustment
Third party 1 014 14 - 14 - -
products
Total 2 971 721 198 523 4 730 1 635 1 1
(1) EBITDA is earnings before net interest, taxation, and
depreciation and amortisation.
(2) EBIT is earnings before net interest and taxation
(excluding exceptional items).
(3) Net operating assets comprises all assets and liabilities with the exception of balances
related to net debt, taxation and dividends.
(4) Capex in aggregate comprises US$230 million growth and
US$61 million sustaining.
(5) Capex includes capital and investment expenditure and excludes
capitalised interest and capitalised exploration.
Production ('000 2002 2001 Change %
tonnes)
Alumina 3 942 2 938 34.2
Aluminium 992 984 0.8
NOTES TO THE ACCOUNTS
3. Segmental analysis by business (Extract) Year ended Year ended
30 June 2002 30 June 2001
US$M US$M
Trading activities included above
Turnover
Aluminium 1 006 1 014
Base metals 24 13
Carbon steel materials 22 40
Stainless steel materials 9 6
Energy coal 108 100
Diamonds and specialty products 823 797
Petroleum - -
Steel - -
Group and unallocated items - -
1 992 1 970
BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209
Registered in Australia Registered in England and Wales
Registered Office: 600 Bourke Street Melbourne Victoria Registered Office: 1-3 Strand London WC2N 5HA United Kingdom
3000 Telephone +44 20 7747 3800 Facsimile +44 20 7747 3900
Telephone +61 3 9609 3333 Facsimile +61 3 9609 3015
The BHP Billiton Group is headquartered in Australia
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