Highlights:
A transformational year for Xstrata in which ten major projects commissioned;
Real cost savings of $176 million; the eleventh consecutive year of successfully delivering sustainable, long-term reductions to operating costs;
During 2012, our Reserves and Resource base continued to grow; with significant increases at our South American copper operations and at our zinc sites;
Continued improvements to our safety and environmental performance; with a Group-wide 15% reduction in total recordable injuries on 2011 performance;
Two successful bond issues, raising $7.4 billion, ensuring a benign debt repayment schedule and strong balance sheet;
Final dividend of 31.5¢ per share, bringing the dividends for the year to 45.5¢, a 14% increase on 2011; and
Our shareholders approved the proposed merger between Glencore and Xstrata, subject to the necessary regulatory approvals being received.
