Performance

Performance

2011 half year result

Alumina Limited H111H110
 Underlying Earnings US$ million 77.7  22.2
 Net Profit After Tax US$ million 67.7  44.2
 Underlying earnings per share UScents 3.2c  0.9c
Interim dividend fully franked US cents
3 cents  2 cents
Earnings per share US cents 2.8c  1.8c
Return on Equity (ROE)
4.4% 3.0%
ROE on underlying earnings
5.1%
1.5%
 Net debt  US$m 418  321
Gearing percentage 11.3% 9.5%

AWAC (100%)

Profit after tax (US$ million) 278.6 125.4
Alumina production ('000) 7,800 7,400
Aluminium production ('000) 177 175
Capital expenditure (US$ million) 133.5 145.8



2010 full year result

Alumina Limited 20102009
 Underlying Earnings US$ million 36.7  0.3
 Net Profit After Tax US$ million 35.6  (23.7)
 AWAC Dividends received US$ million 234.4  135.6
 Final dividend per share franked to US$0.02 4 cents  1.8 cents
 Earnings per share cents 2010 1.4c  (1.1c)
 Underlying Earnings per share cents 2010 1.5c  0
 2010 Return on Equity 1.2%  (0.9%)
 Net debt as at 31 December 2010 US$m 353  307

AWAC (100%)

Profit after tax (US$ million) 335.3 106.4
Alumina production ('000) 15,200 13,500
Aluminium production ('000) 354 374
Capital expenditure (US$ million) 298.4 665.6


2009 full year result

Alumina Limited 2009 2008
 Underlying Earnings A$ million  (2.2)  201.6
 Net Profit After Tax A$ million  (26)  168
 AWAC Dividends received A$ million  176  356
 Final dividend per share franked to A$0.02  2 cents  Nil
 Earnings per share cents 2009  (1.2)  11.3
 Underlying Earnings per share cents 2009  (0.1)  15.5
 2009 Return on Equity  (0.8%)  8.5%
 Net debt as at 31 December 2009 A$m  342  1,044

AWAC (100%)

Profit after tax (US$ million) 106.4 592
Alumina production ('000) 13,500 14,400
Aluminium production ('000) 368 388
Capital expenditure (US$ million) 763 1,530.5

 

2009 half year result

Alumina Limited H109 H108
 Net profit attributable to members ($ million) 6
 44
 Underlying earnings after tax ($ million)  (15)  152
 Interim dividend fully franked ($ million)  Nil  12 cents
 Earnings per share (cents)  0.3  3.11
 Return on equity  0.4%  5.2%
 Return on equity underlying earnings  (1.0%)  17.9%

1 Prior period EPS adjusted for rights issues


2008 full year result

Alumina Limited 2008 2007
 Net profit attributable to members of Alumina Limited ($ million)  168  436.4
 Cash Dividends received from AWAC ($ million)  356  444.9
 Dividends paid by Alumina Limited ($ million)  273.8  275.6
 Final dividend per share franked to 7.5 cents  Nil  12 cents
 Earnings per share cents for 2007  12.9  35.7
 Underlying earnings per share cents for 2007  15.5  33.2
 2007 return on equity (ROE)  8.5%  25.5%
 Borrowings as at 31 December 2007 (A$ million)  1047.8  1006.4

AWAC (100%)

Profit after tax (US$ million) 592 953.3
Alumina production ('000) 14,400 14,300
Aluminium production ('000) 389 377
2007 return on capital (ROC) (%)
Capital expenditure (US$ million) 1530.5 1235.7


2008 half year result

Alumina Limited H108 H107
 Net profit attributable to members ($ million)  44  284
 Underlying earnings after tax ($ million)  152  271
 Interim dividend fully franked ($ million)  12 cents  12 cents
 Earnings per share (cents)  3.8  24.6
 Underlying earnings per share (cents)  13.3  23.5
 Return on equity underlying earnings  18%  33%

nbsp;

2007 full year result

Alumina Limited 2007 2006
Net profit attributable to members of Alumina Limited ($ million) 436.4 511
Cash Dividends received from AWAC ($ million)  444.9 521
Dividends paid by Alumina Limited ($ million) 275.6 233.2
Final dividend per share franked to 7.5 cents 12 cents  12 cents
Earnings per share cents for 2007 35.7 43.8
Underlying earnings per share cents for 2007 33.2 48.8
2007 return on equity (ROE) 25.5% 29.1%
Borrowings as at 31 December 2007 (A$ million) 1006.4 588.1

AWAC (100%)

Profit after tax (US$ million) 953.3 1,121.9
Alumina production ('000) 14,300 14,300
Aluminium production ('000) 377
2007 return on capital (ROC) (%)  26%
Capital expenditure (US$ million) 1235.7 836

Market prices for 2007

LME aluminium price (US$/lb) 1.21 1.17
US$/A$ exchange rate 0.84 0.75

 

2006 full year result - NPAT $511m up 62%

Alumina Limited
Net profit attributable to members of Alumina Limited ($ million) 511
Cash Dividends received from AWAC ($ million)  521
Dividends paid by Alumina Limited ($ million) 233.2
Final dividend per share franked to 7.5 cents 12 cents
Earnings per share cents for 2006 43.8
Underlying earnings per share cents for 2006 48.8
2006 return on equity (ROE) 29.1%
Borrowings as at 31 December 2007 (A$ million) 588.1

AWAC (100%)

Profit after tax (US$ million) 1,121.9
Alumina production ('000) 14,300
Aluminium production ('000)
2006 return on capital (ROC) (%)  26%
Capital expenditure (US$ million) 836

Market prices for 2007

LME aluminium price (US$/lb) 1.17
US$/A$ exchange rate 0.75


2005 full year result - NPAT $316m

Alumina Limited
Net profit attributable to members of Alumina Limited ($ million) 315.16
Cash Dividends received from AWAC ($ million)  95.9
Dividends paid by Alumina Limited ($ million) 232.8
Final dividend per share franked to 7.5 cents 10 cents
Earnings per share cents for 2005 27.1
Underlying earnings per share cents for 2005 28.4
2006 return on equity (ROE) 20.6%
Borrowings as at 31 December 2005 (A$ million) 478.7

AWAC (100%)

Profit after tax (US$ million) 644.6
Alumina production ('000) 13,700
Aluminium production ('000) 377
2005 return on capital (ROC) (%) 19.1%
Capital expenditure (US$ million) 608

Market prices for 2005

LME aluminium price (US$/lb) 0.86
US$/A$ exchange rate 0.76


2005 half year result - first half profit in line - AWAC advances expansion projects

Alumina Limited
Net profit attributable to members of Alumina Limited ($ million) 163.3
Interim dividend (franking to be advised)  10 cents
Dividends received from AWAC ($ million) 94.2
Earnings per share cents for first six months 14 cents
Return on equity (annualised) 23%
Net profit attributable to members of Alumina Limited ($ million) 168.0
Interim fully franked dividend 10 cents
Dividends received from AWAC ($ million) 110.4
Earnings per share cents for first six months 14.4 cents

 

2004 full year - 2004 NPAT up 36%

Alumina Limited
Net profit attributable to members of Alumina Limited ($ million) 322.1
Dividends received from AWAC ($ million)  160.4
Dividends paid by Alumina Limited ($ million) 233.1
Final dividend per share franked to 7.5 cents 10 cents
Earnings per share cents for 2004 27.7
2004 return on equity (ROE) 23%
Borrowings as at 31 December 2004 (A$ million) 398

AWAC (100%)

Profit after tax (US$ million) 588.5
Alumina production ('000) 13,600
Aluminium production ('000) 386
2004 return on capital (ROC) (%) 22%

Market prices for 2004

LME aluminium price (US$/lb) 0.78
US$/A$ exchange rate 0.736

 

2004 half year result - first half NPAT up 41% - AWAC studying 4m tonne expansion

Alumina Limited
 Net profit attributable to members of Alumina Limited ($ million) 168.0 
 Interim fully franked dividend  10 cents
 Dividends received from AWAC ($ million)  110.4
 Earnings per share cents for first six months  14.4 cents

 

2003 full year - increases full year profit and dividend

Alumina Limited
 Net profit attributable to members of Alumina Limited ($ million) 236.9 
 Dividends received from AWAC ($ million)  284.2
 Dividends paid by Alumina Limited ($ million)  259.6
 Final fully franked dividend per share  10 cents
 Earnings per share cents for 2003  20.9
 2003 return on equity (ROE)  18%
 Borrowings as at 31 December 2003 (A$ million)  467

AWAC (100%)

 Profit after tax (US$ million)  445.8
 Alumina production (‘000)  13,100
 Aluminium production (‘000)  384
 2003 return on capital (ROC) (%)  19%

Market prices for 2003

LME aluminium price (US$/lb)  0.65 
 US$/A$ exchange rate  0.653

 

2003 half year result - increased profits and strong dividend

Alumina Limited
Net profit attributable to members of Alumina Limited ($ million) 117.9
Interim fully franked dividend 10 cents
 Dividends received from AWAC ($ million) 129.5
 Earnings per share cents for first six months 10.4 cents

 

2002 full year - strong consistent performance in a low price market

Alumina Limited
 Net profit attributable to members of Alumina Limited ($ million) 209.7 
 Dividends received from AWAC ($ million)  281.0
 Dividends paid by Alumina Limited ($ million)  199.7
 Final fully franked dividend per share  13 cents
 Earnings per share cents for 2002  15.7
 2002 return on equity (ROE)  15%
 Borrowings as at 31 December 2002 (A$ million)  535

AWAC (100%)

Profit after tax (US$ million)  363.6 
 Alumina production (‘000)  12,312
 Aluminium production (‘000)  378
 2002 return on capital (ROC) (%)  19%

Market prices for 2002

 LME aluminium price (US$/lb) 0.61
 US$/A$ exchange rate  0.544