Anglo American Platinum Limited provided earnings guidance for the year ended December 31, 2012. For the year, the company's headline earnings per share is expected to decrease to a loss of between 491 cents and 628 cents from a profit of 1,365 cents reported for the year ended December 31, 2011. The expected decrease in HEPS is primarily due to lower sales volumes and lower realised prices during 2012.

Basic earnings per share for the period are expected to decrease to a loss of between 2,487 cents and 2,624 cents from a profit of 1,374 cents for the comparative period. Basic earnings for the period includes losses of ZAR 463 million resulting from the revaluation of certain investments and ZAR 6,606 million (after-tax ZAR 4,756 million) for the write down in the carrying value of various projects and other assets, not in use, that are considered not economically viable in the current market environment.