Shareholder leaflet - Exxaro

9. Gains on the disposal of investments and non-core assets
9.1 Discontinued operations
Year ended 31 December 2012
(Reviewed)
Mineral
Sands
Rm
Rosh Pinah
Rm
Total
Rm
Consideration received
or receivable
Cash (1) 202 931 1 133
39,2% shares in Tronox
Limited at fair value 10 605 10 605
26% shares in SA mineral
sands operations at fair
value 1 181 1 181
26% members’ interest in
Tronox Sands LLP at
fair value 1 091 1 091
Total disposal consideration 13 079 931 14 010
Foreign currency translation
reserve realised 459 459
Hedging reserves realised 137 137
Carrying amount of net
assets sold (10 224) (387) (10 611)
Gain on sale (2) 3 451 544 3 995
(1)
After net working capital adjustments.
(2)
After tax of Rnil.
9.2 Other non-core assets
Year ended 31 December 2012
(Reviewed)
Ndzalama
Rm
Northfield
Rm
Total
Rm
Consideration received
or receivable:
Cash 5 5
Total disposal consideration
Carrying amount of net
assets sold (3) 40 37
Gain on sale (1) 2 40 42
(1)
After tax of Rnil.
Year ended 31 December 2011
(Audited)
Turkey
Rm
Glen Douglas
Rm
Total
Rm
Consideration received
or receivable:
Cash 17 33 50
Total disposal consideration 17 33 50
Carrying amount of net
assets sold (12) (37) (49)
Gain/(loss) on sale (1) 5 (4) 1
(1)
After tax of Rnil.
Reviewed condensed group annual financial results and unreviewed physical information | 15