Company Overview
Highlights

Financial Highlights

  • Revenue of US$7.9 billion, up 21%
  • EBITDA of US$2.3 billion, up 42%
  • Attributable EPS of US$2.20, up 187%
  • Final dividend proposed at 27.5 US cents per share, up 10%, bringing the full year dividend to 45.0 US cents per share
  • Strong balance sheet, with over US$7.2 billion of liquidity
  • Invested US$3.5 billion in organic growth programme during the year
Business Highlights

  • Strong production growth across all metals
  • Jharsuguda first 250 ktpa smelter operating at full capacity
  • Commenced 50 mtpa Sesa Goa expansion programme; investment of US$500 million approved for Goa and Karnataka expansions
  • Dempo iron ore assets acquired and integrated. Plan to grow from 4 to 10 mtpa.
  • Achieved 1 mtpa capacity in Zinc-Lead; commissioned 210 ktpa smelter and 1 mtpa concentrator three months ahead of schedule
  • Commenced mid-shaft loading at Konkola Deep Copper Mine in Zambia
  • Coal linkages secured for all power plants
  • Revived 1,980 MW Merchant Power Plant at Talwandi in Punjab state
  • Successful exploration results during the year – added 34 mt at Zinc, 64 mt at Iron Ore and 14 mt at Copper-Zambia


Financial Highlights
US$7,931 million
Revenue

US$2,296 million
EBITDA

US$1,666 million
Operating profit

220 US cents
Basic earnings
per share

45 US cents
Full year dividend per share

533 kt
Aluminium production

507 kt
Copper production

642 kt
Zinc and lead production

21.4 mt
Iron ore production

394 MW
Energy sales


Consolidated Group Results (in US$ million, except as stated)
  FY 2010 FY 2009 % change
Revenue 7,930.5 6,578.9 20.5%
EBITDA 2,295.9 1,612.2 42.4%
EBITDA margin (%) 29.0% 24.5% –
Operating profit 1,665.6 1,107.0 50.5%
Attributable profit 602.3 219.4 174.5%
Basic earnings per share (US cents) 219.6 76.4 187.4%
Earnings per share on underlying profit (US cents) 199.2 108.0 84.4%
ROCE (excluding project capital work in progress) 19.9% 24.4%  
Final dividend (US cents per share) 27.5 25.0 10.0%
Total dividend (US cents per share) 45.0 41.5 8.4%









Production