Organisational

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
 Andrew Nairn, Investor Relations
Tel: + 61 3 9609 3952 Mobile: +61 408 313 259
email: Andrew.W.Nairn@bhpbilliton.com

United Kingdom
 Mark Lidiard, Investor and Media Relations
Tel: +44 207 747 3956
email: Mark.Lidiard@bhpbilliton.com

Mandy Frostick, Media Relations
Tel: +61 3 9609 4157 Mobile: +61 419 546 245
email: Mandy.J.Frostick@bhpbilliton.com

United States
 Francis McAllister, Investor Relations
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 Operating

Exploration

Exploration

Turnover

EBITDA

(1)

amortisation

EBIT

(2)

assets

(3)

Capex

(4) (5)

gross

to profit

Alumina

661

278

106

172

2 210

37

Aluminium

1 396

435

128

307

2 517

254

Intra-divisional adjustment

( 206)

-

-

-

-

-

Third party products

1 006

13

-

13

-

-

Total

2 857

726

234

492

4 727

291

-

-

Year ended 30 June 2001

 

 

 

 

 

US$ Million

Depn &

Net Operating

Exploration

Exploration

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 adjustment

( 129)

-

-

-

-

-

Third party products

1 014

14

-

14

-

-

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 tonnes)

2002

2001

Change %

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
Registered in Australia
Registered Office: 600 Bourke Street Melbourne Victoria 3000
Telephone +61 3 9609 3333 Facsimile +61 3 9609 3015

BHP Billiton Plc Registration number 3196209
Registered in England and Wales
Registered Office: 1-3 Strand London WC2N 5HA United Kingdom
Telephone +44 20 7747 3800 Facsimile +44 20 7747 3900

The BHP Billiton Group is headquartered in Australia