Annual Financial Statements for the year
ended 31 December 2009

 
IN THIS SECTION
Arrow Highlights
Arrow Revenue
Arrow Operational performance
Arrow Revenue: sector analysis
Arrow Operating expenditure
Arrow Sishen Mine unit cost
Arrow Operating profit
Arrow Asset optimisation and procurement
Arrow Capital expenditure
Arrow Net debt
Arrow Acquisition of business
Arrow Legal proceedings
Arrow Shareholder returns
Arrow Key factors affecting future operating results
Arrow Change in accounting estimates
Arrow Change in accounting policies
   
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Legal proceedings

During the second half of 2009 SIOC concluded the arbitration over Sishen South (Kolomela Mine) with ArcelorMittal. The Arbitration panel determined that ArcelorMittal is not entitled to demand equity participation in the Kolomela Mine, or any other future new development of SIOC. This significant conclusion to the arbitration process represents an important operating profit preservation for the group.

KUMBA VS MINING INDEX (based to 100 at the start)

CASH RETURNED TO BEE SHAREHOLDERS

Exxaro

  • Total returned cash: R3,951 million

Community trust

  • Total returned cash: R593 million
  • R23 million available for funding projects
  • R570 million used to repay funding and interest

Envision*

  • Total returned cash: R593 million
  • R125 million paid to employees
  • R468 million used to repay funding and interest

* Broad-based employee share participation scheme

 

  A member of the Anglo American plc group