H1 FY21 Finance and Cost Analysis
EARNINGS ADJUSTMENTS
Earnings adjustments
Adjustments to Underlying EBIT
Exchange rate (gains)/losses on restatement of monetary items
Impairment losses
(Gains)/losses on non-trading derivative instruments and other investments measured at fair value
Major corporate restructures
Earnings adjustments included in profit/(loss) of equity accounted investments
Total adjustments to Underlying EBIT
Adjustments to net finance costs
Exchange rate variations on net debt
Total adjustments to net finance costs
Adjustments to income tax expense
Tax effect of other earnings adjustments to Underlying EBIT
Tax effect of earnings adjustments to net finance costs
Exchange rate variations on tax balances
Total adjustments to income tax expense
Total earnings adjustments
EIII
SOUTH32
H1 FY21
US$M
H1 FY20
US$M
71
36
-
(19)
92
39
17
7
112
42
66
(5)
66
(5)
55
(31)
(11)
(9)
1
(55)
5
(95)
(5)
83
32
SLIDE 37View entire presentation