ANNEXURE: ACRONYMS

1H19 Six-month period ended 30 June 2019
1H20 Six-month period ended 30 June 2020
2H20 Six-month period ended 31 December 2020
Amakhala SPV Amakhala Emoyeni RE Project 1 (RF) Proprietary Limited
AMSA ArcelorMittal SA Limited
Anglo Anglo South Africa Capital Proprietary Limited
Anglo Coal Anglo Coal (Grosvenor) Proprietary Limited
API4 All publications index 4 (FOB Richards Bay 6 000/kcal/kg)
Bedford Trust Amakhala Emoyeni Bedford Wind Farm Community Trust
Cookhouse Trust Amakhala Emoyeni Cookhouse Wind Farm Community Trust
B-BBEE Broad-based black economic empowerment
BEE Black economic empowerment
BEE Parties External shareholders of Eyesizwe
Black Mountain Black Mountain Proprietary Limited
Cennergi Cennergi Proprietary Limited
CFR Cost and freight
CHEPS Core headline earnings per share
Chifeng Chifeng Kumba Hongye Corporation Limited
Companies Act Companies Act No 71 of 2008, as amended
Curapipe Curapipe Systems Limited
DMRE Department of Mineral Resources and Energy
DMTN Domestic Medium-Term Note
DTI The Department of Trade and Industry and Competition
EBITDA Net operating profit before interest, tax, depreciation, amortisation, impairment charges/reversals and net loss or gain on the disposal of assets and investments (including translation differences recycled to profit or loss)
ECC Exxaro Coal Central Proprietary Limited
ECL(s) Expected credit loss(es)
EMJV Ermelo joint venture
ESD Enterprise and supplier development
ESG Environment, social and governance
ESOP SPV Exxaro ESOP SPV (RF) Proprietary Limited
Exxaro Exxaro Resources Limited
Exxaro Community NPC Exxaro Matla Setshabeng Development NPC
Eyesizwe Eyesizwe (RF) Proprietary Limited, special purpose private company which has a 30% shareholding in Exxaro
Ferroland Ferroland Grondtrust Proprietary Limited
FVOCI Fair value through other comprehensive income
FY19 12-month period ended 31 December 2019
GAM Global Asset Management Limited
GDP Gross domestic product
Gwh Gigawatt hour
HDSA The meaning given to it, or any equivalent or replacement term, in the broad-based socio-economic empowerment charter for the South African Mining Industry, developed under section 100 of the MPRDA, as amended or replaced from time to time
HEPS Headline earnings per share
HPIs High Potential Incidents
IAS International Accounting Standard(s)
IASB International Accounting Standards Board
IFRIC IFRS Interpretations Committee
IFRS International Financial Reporting Standard(s)
Insect Technology Insect Technology Group Holdings UK Limited
JIBAR Johannesburg Interbank Agreed Rate
JSE JSE Limited
JV Joint venture
Khopoli Khopoli Investments Limited
kt Kilotonnes
Lebonix Lebonix Proprietary Limited
LightApp LightApp Technologies Limited
Listings Requirements JSE Listings Requirements
LOM Life of mine
LTIFR Lost-time injury frequency rate
Mafube Mafube Coal Proprietary Limited
MPRDA Mineral and Petroleum Resources Development Act 28 of 2002
Mt Million tonnes
NBC North Block Complex
NCI Non-controlling interests
OCI Other comprehensive income
Prime Rate South African prime bank rate
PwC PricewaterhouseCoopers Incorporated
RBCT Richards Bay Coal Terminal Proprietary Limited
Rbn Rand billion
Replacement BEE Transaction BEE transaction implemented in 2017 which resulted in Exxaro being held 30% by HDSAs
Rm Rand million
SAICA South African Institute of Chartered Accountants
SIOC Sishen Iron Ore Company Proprietary Limited
SSCC Semi-soft coking coal
Tata Power Tata Power Company Limited
TiO2 Titanium dioxide
Tronox Exxaro's investment in Tronox entities
Tronox SA Tronox KZN Sands Proprietary Limited and Tronox Mineral Sands Proprietary Limited
Tumelo Tumelo Coal Mines Proprietary Limited
TVP(s) Targeted voluntary severance package(s)
UK United Kingdom
US$ United States dollar
VAT Value added tax
WANOS Weighted average number of shares