Cash flow Anglo American plc

Equities

AAL

GB00B1XZS820

Diversified Mining

Real-time Estimate Cboe Europe Other stock markets 15:28:30 10/09/2024 BST			5-day change	1st Jan Change
1,991.60 ^GBX	-1.87%		-5.49%	+1.13%

01:32pm	Four steps back, one step forward
10:44am	Barclays cuts Asos to 'underweight'	AN

3f847cd34bece825af2f60824e99.W7vHYnh9r2j76bX8KT5VpUg1jOAeYs38XWgy7qznT8k.GsKTFBUElgWJodrMa1054yZc5YwoNKauPyZq3cLQA4Eu_IhXPAf1XL2_hQ

Published financial data: ANGLO AMERICAN PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	29.87B	30.9B	41.55B	35.12B	30.65B
Total Revenues	29.87B	30.9B	41.55B	35.12B	30.65B
Cost of Goods Sold, Total	13.74B	14.97B	13.36B	13.29B	23.99B
Gross Profit	16.13B	15.94B	28.19B	21.82B	6.66B
Selling General & Admin Expenses, Total	5.83B	5.53B	6.4B	6.34B	18M
Exploration / Drilling Costs, Total	246M	195M	257M	322M	107M
Depreciation & Amortization - (IS)	2.76B	2.55B	2.67B	2.4B	-
Amortization of Goodwill and Intangible Assets - (IS)	47M	44M	43M	45M	-
Other Operating Expenses	951M	987M	1.62B	1.82B	-
Other Operating Expenses, Total	9.84B	9.31B	10.99B	10.93B	125M
Operating Income	6.29B	6.63B	17.2B	10.9B	6.53B
Interest Expense, Total	-621M	-516M	-394M	-470M	-948M
Interest And Investment Income	268M	115M	139M	195M	403M
Net Interest Expenses	-353M	-401M	-255M	-275M	-545M
Income (Loss) On Equity Invest.	389M	103M	634M	641M	378M
Currency Exchange Gains (Loss)	22M	-38M	29M	99M	-51M
Other Non Operating Income (Expenses)	-55M	21M	-4M	-85M	-19M
EBT, Excl. Unusual Items	6.29B	6.31B	17.6B	11.28B	6.3B
Restructuring Charges	-	-50M	-	-	-142M
Merger & Related Restructuring Charges	-	-19M	-	-	-
Impairment of Goodwill	-	-	-	-	-
Asset Writedown	131M	-950M	598M	-1.59B	-2.42B
Legal Settlements	-	-	-	-	-
Other Unusual Items	-278M	169M	-571M	-204M	-140M
EBT, Incl. Unusual Items	6.15B	5.46B	17.63B	9.48B	3.6B
Income Tax Expense	1.56B	2.14B	5.93B	3.46B	2.25B
Earnings From Continuing Operations	4.58B	3.33B	11.7B	6.02B	1.34B
Net Income to Company	4.58B	3.33B	11.7B	6.02B	1.34B
Minority Interest	-1.04B	-1.24B	-3.14B	-1.51B	-1.06B
Net Income - (IS)	3.55B	2.09B	8.56B	4.51B	283M
Net Income to Common Incl Extra Items	3.55B	2.09B	8.56B	4.51B	283M
Net Income to Common Excl. Extra Items	3.55B	2.09B	8.56B	4.51B	283M
Per Share Items
Net EPS - Basic	2.81	1.69	6.93	3.72	0.23
Basic EPS - Continuing Operations	2.81	1.69	6.93	3.72	0.23
Basic Weighted Average Shares Outstanding	1.26B	1.24B	1.24B	1.22B	1.21B
Net EPS - Diluted	2.76	1.67	6.84	3.68	0.23
Diluted EPS - Continuing Operations	2.76	1.67	6.84	3.68	0.23
Diluted Weighted Average Shares Outstanding	1.28B	1.25B	1.25B	1.23B	1.22B
Normalized Basic EPS	2.29	2.19	6.36	4.56	2.37
Normalized Diluted EPS	2.26	2.16	6.29	4.52	2.36
Dividend Per Share	1.09	1	2.89	1.98	0.96
Payout Ratio	40.09	43.27	35.59	65.06	552.65
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	8.85B	9.05B	19.61B	13.1B	9.22B
EBITA	6.34B	6.67B	17.24B	10.94B	6.53B
EBIT	6.29B	6.63B	17.2B	10.9B	6.53B
EBITDAR	8.88B	9.17B	19.71B	13.27B	-
Effective Tax Rate - (Ratio)	25.45	39.09	33.64	36.46	62.61
Total Current Taxes	1.51B	1.82B	4.57B	2.6B	1.78B
Total Deferred Taxes	52M	314M	1.36B	852M	469M
Normalized Net Income	2.9B	2.71B	7.86B	5.54B	2.87B
Interest Capitalized	72M	170M	207M	379M	515M
Interest on Long-Term Debt	32M	90M	282M	509M	590M
Non-Cash Pension Expense	-16M	-7M	-2M	5M	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	2.59B	2.48B	2.94B	2.9B	-
General and Administrative Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	107M	123M	144M	167M	-
Exploration/Drilling Costs	246M	195M	257M	322M	107M
Net Rental Expense, Total	36M	123M	102M	167M	-
Imputed Operating Lease Interest Expense	20.15M	55.62M	37.05M	80.92M	-
Imputed Operating Lease Depreciation	15.85M	67.38M	64.95M	86.08M	-
Stock-Based Comp., COGS (Total)	163M	167M	185M	214M	-
Stock-Based Comp., Other (Total)	13M	-	-	-	175M
Total Stock-Based Compensation	176M	167M	185M	214M	175M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	6.34B	7.52B	9.07B	8.41B	6.09B
Short Term Investments	-	-	29M	38M	48M
Trading Asset Securities, Total	15M	9M	23M	12M	-
Total Cash And Short Term Investments	6.36B	7.53B	9.12B	8.46B	6.14B
Accounts Receivable, Total	1.26B	2.11B	2.38B	2.22B	4.52B
Other Receivables	1.02B	1.35B	1.6B	1.93B	170M
Total Receivables	2.28B	3.46B	3.98B	4.15B	4.69B
Inventory	4.96B	5.97B	5.23B	6.6B	6.39B
Prepaid Expenses	235M	438M	430M	530M	-
Other Current Assets, Total	237M	96M	214M	192M	118M
Total Current Assets	14.08B	17.5B	18.97B	19.94B	17.33B
Gross Property Plant And Equipment	68.1B	73.59B	74.92B	79.09B	-
Accumulated Depreciation	-33.9B	-37.17B	-35.42B	-37.97B	-
Net Property Plant And Equipment	34.2B	36.42B	39.5B	41.12B	43.95B
Long-term Investments	2.11B	2.27B	1.62B	1.5B	1.46B
Goodwill	1.98B	1.96B	1.88B	1.67B	-
Other Intangibles, Total	1.1B	1.14B	1.12B	1.16B	1.48B
Accounts Receivable Long-Term	19M	42M	49M	46M	467M
Deferred Tax Assets Long-Term	1.06B	639M	532M	198M	262M
Other Long-Term Assets, Total	1.6B	2.57B	2.31B	1.78B	1.6B
Total Assets	56.15B	62.53B	65.98B	67.41B	66.54B
Liabilities
Accounts Payable, Total	2.54B	2.97B	2.91B	2.99B	6.51B
Accrued Expenses, Total	1.84B	1.98B	2.6B	2.67B	-
Short-term Borrowings	12M	13M	9M	12M	14M
Current Portion of Long-Term Debt	769M	1B	1.02B	1.22B	1.32B
Current Portion of Leases	209M	179M	207M	184M	408M
Current Income Taxes Payable	194M	383M	627M	569M	326M
Unearned Revenue Current, Total	764M	1.4B	1.75B	1.49B	-
Other Current Liabilities	917M	1.14B	1.46B	1.35B	778M
Total Current Liabilities	7.24B	9.08B	10.58B	10.49B	9.36B
Long-Term Debt	9.4B	11.98B	11.03B	13.01B	14.06B
Long-Term Leases	345M	364M	668M	676M	1.11B
Unearned Revenue Non Current	-	-	-	-	-
Pension & Other Post Retirement Benefits	668M	659M	517M	528M	531M
Deferred Tax Liability Non Current	3.92B	3.8B	4.86B	5.18B	5.58B
Other Non Current Liabilities	3.19B	3.88B	3.55B	3.5B	4.29B
Total Liabilities	24.77B	29.77B	31.22B	33.38B	34.93B
Common Stock, Total	753M	749M	737M	734M	734M
Additional Paid In Capital	4.36B	4.36B	2.56B	2.56B	2.56B
Retained Earnings	36.28B	37.19B	41.72B	42.41B	40.86B
Treasury Stock	-6.2B	-6.11B	-6.14B	-6.27B	-6.28B
Comprehensive Income and Other	-10.4B	-10.37B	-11.04B	-12.07B	-12.82B
Total Common Equity	24.8B	25.82B	27.82B	27.36B	25.06B
Minority Interest	6.59B	6.94B	6.94B	6.66B	6.56B
Total Equity	31.38B	32.77B	34.77B	34.02B	31.62B
Total Liabilities And Equity	56.15B	62.53B	65.98B	67.41B	66.54B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.24B	1.24B	1.22B	1.21B	1.21B
ECS Total Common Shares Outstanding	1.24B	1.24B	1.22B	1.21B	1.21B
Book Value / Share	19.96	20.85	22.84	22.56	20.64
Tangible Book Value	21.71B	22.72B	24.82B	24.53B	23.58B
Tangible Book Value Per Share	17.48	18.34	20.38	20.23	19.42
Total Debt	10.73B	13.54B	12.93B	15.1B	16.91B
Net Debt	4.37B	6.01B	3.82B	6.64B	10.78B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-485M	-544M	-639M	-869M	-
Debt Equivalent Oper. Leases	288M	984M	816M	1.34B	-
Minority Interest, Total (Incl. Fin. Div)	6.59B	6.94B	6.94B	6.66B	6.56B
Equity Method Investments, Total	1.33B	1.26B	1.02B	1.06B	1.07B
Account Code - Inventory Valuation	6	6	6	6	3
Inventories - Raw Materials, Total	787M	810M	729M	889M	-
Inventories - Work In Process, Total	2.1B	2.95B	2.21B	2.78B	-
Inventories - Finished Goods, Total	2.07B	2.21B	2.29B	2.93B	-
Land - (BS)	2.83B	2.87B	2.7B	2.67B	-
Machinery, Total	31.98B	32.94B	31.21B	32.39B	-
Full Time Employees	60K	95K	106K	105K	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	3.55B	2.09B	8.56B	4.51B	283M
Depreciation & Amortization - CF	2.76B	2.55B	2.67B	2.4B	2.68B
Amortization of Goodwill and Intangible Assets - (CF)	47M	44M	43M	45M	-
Depreciation & Amortization, Total	2.81B	2.6B	2.72B	2.45B	2.68B
(Gain) Loss From Sale Of Asset	51M	22M	393M	-40M	40M
(Gain) Loss on Sale of Investments - (CF)	103M	-	-	-	-
Asset Writedown & Restructuring Costs	-132M	1B	-687M	1.59B	2.56B
(Income) Loss On Equity Investments - (CF)	-389M	-103M	-634M	-641M	-378M
Stock-Based Compensation (CF)	163M	166M	189M	215M	175M
Other Operating Activities, Total	1.54B	2.26B	5.43B	3.53B	2.27B
Change In Accounts Receivable	-170M	-1.04B	-637M	-374M	-384M
Change In Inventories	-434M	-1.56B	328M	-1.78B	2M
Change In Accounts Payable	554M	1.06B	1.37B	48M	-785M
Change in Other Net Operating Assets	22M	126M	-303M	250M	25M
Cash from Operations	7.66B	6.62B	16.72B	9.76B	6.5B
Capital Expenditure	-4.74B	-4.65B	-5.73B	-6.19B	-5.88B
Sale of Property, Plant, and Equipment	8M	7M	17M	7M	16M
Cash Acquisitions	-13M	-520M	-	-	-10M
Divestitures	24M	384M	63M	564M	210M
Sale (Purchase) of Intangible assets	-	-63M	-68M	-129M	-133M
Investment in Marketable and Equity Securities, Total	-40M	53M	-6M	-179M	-78M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-50M	-	-	-	-
Other Investing Activities, Total	99M	46M	168M	111M	311M
Cash from Investing	-4.72B	-4.74B	-5.56B	-5.82B	-5.56B
Long-Term Debt Issued, Total	1.67B	5.09B	1.97B	3.5B	3.06B
Total Debt Issued	1.67B	5.09B	1.97B	3.5B	3.06B
Long-Term Debt Repaid, Total	-853M	-3.36B	-2.89B	-1.36B	-1.96B
Total Debt Repaid	-853M	-3.36B	-2.89B	-1.36B	-1.96B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-1.04B	-385M	-1.08B	-527M	-274M
Common Dividends Paid	-1.42B	-904M	-3.05B	-2.94B	-1.56B
Common & Preferred Stock Dividends Paid	-1.42B	-904M	-3.05B	-2.94B	-1.56B
Special Dividend Paid	-	-	-1B	-612M	-
Other Financing Activities, Total	-1.46B	-1.16B	-3.3B	-2.43B	-2.49B
Cash from Financing	-3.12B	-716M	-9.36B	-4.37B	-3.22B
Foreign Exchange Rate Adjustments	-45M	11M	-260M	-237M	-39M
Net Change in Cash	-213M	1.17B	1.55B	-657M	-2.33B
Supplemental Items
Cash Interest Paid	415M	471M	433M	420M	701M
Cash Income Tax Paid (Refund)	2.12B	1.61B	4.34B	2.73B	2B
Levered Free Cash Flow	826M	611M	9.18B	963M	-822M
Unlevered Free Cash Flow	1.21B	933M	9.42B	1.26B	-229M
Change In Net Working Capital	961M	1.26B	-1.57B	1.89B	1.16B
Net Debt Issued / Repaid	813M	1.73B	-922M	2.14B	1.1B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	7.26	6.98	16.73	10.21	6.1
Return on Total Capital	9.7	9.37	22.87	14.07	8.43
Return On Equity %	14.97	10.38	34.65	17.51	4.1
Return on Common Equity	14.66	8.25	31.92	16.36	1.08
Margin Analysis
Gross Profit Margin %	54	51.57	67.84	62.14	21.72
SG&A Margin	19.52	17.89	15.41	18.05	0.06
EBITDA Margin %	29.62	29.28	47.19	37.31	30.08
EBITA Margin %	21.22	21.59	41.49	31.15	21.32
EBIT Margin %