Financial Appendices

EBITDA calculation

(mn USD) 

2009

2010

2011

Change, %
2011/2010

Change, %
2010/2009

Adjusted EBITDA

6,037

7,271

10,158

39.7%

20.4%

Company's share in EBITDA of associates/p>

(931)

(949)

(1,216)

28.1%

1.9%

Income from investments

470

9

104

Income from holdings in associates

212

229

248

8.3%

8.0%

(Negative) / positive exchange difference, net

45

(24)

(172)

616.7%

(153.3)%

Other costs, net

(143)

(309)

(65)

(79.0)%

116.1%

Interest payable

(380)

(347)

(329)

(5.2)%

(8.7)%

Interest receivable

108

48

66

37.5%

(55.6)%

Wear, depletion and depreciation

(1,503)

(1,649)

(1,963)

19.0%

9.7%

Income before tax

3,915

4,279

6,831

59.6%

9.3%