

Currently viewing Annual Financial Report 2018


| AgriProtein | AgriProtein Holdings UK Limited | |
| AGM | Annual general meeting | |
| Anglo | Anglo South Africa Capital Proprietary Limited | |
| API4 | All publications index 4 (FOB Richards Bay 6000/kcal/kg) | |
| AU$ | Australian dollar | |
| 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 | |
| Chifeng | Chifeng Kumba Hongye Corporation Limited | |
| Companies Act | Companies Act No 71 of 2008, as amended | |
| CPI | Consumer price index | |
| cps | Cents per share | |
| Curapipe | Curapipe Systems Limited | |
| DBP | Deferred bonus plan | |
| DCF | Discounted cash flow | |
| DEA | Department of Environmental Affairs | |
| DMR | Department of Mineral Resources | |
| DMTN | Domestic Medium-Term Note | |
| ECC | Exxaro Coal Central Proprietary Limited | |
| ECL(s) | Expected credit loss(es) | |
| Eloff | Eloff Mining Company Proprietary Limited | |
| EMJV | Ermelo joint venture | |
| ESD | Enterprise and supplier development | |
| ESG | Environment, social and governance | |
| Eyesizwe | Eyesizwe (RF) Proprietary Limited, special purpose private company which has a 30% shareholding in Exxaro (previously referred to as NewBEECo) | |
| Exxaro | Exxaro Resources Limited | |
| FCTR | Foreign currency translation reserve | |
| FECs | Forward foreign exchange contracts | |
| Ferroland | Ferroland Grondtrust Proprietary Limited | |
| FOB | Free on board | |
| FPR | Financial provisioning regulations | |
| FVOCI | Fair value through other comprehensive income | |
| FVPL | Fair value through profit or loss | |
| GG | Grootegeluk | |
| 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 | |
| IAS | International Accounting Standard | |
| IASB | International Accounting Standards Board | |
| IFRIC | IFRS Interpretations Committee | |
| IFRS | International Financial Reporting Standard | |
| IM | Information management | |
| IPP | Independent power producer | |
| IT | Information technology | |
| JIBAR | Johannesburg Interbank Agreed Rate | |
| JORC | Joint Ore Reserves Committee Code | |
| JSE | JSE Limited | |
| kcal | Kilocalorie | |
| King IVTM | King IV Report on Corporate Governance for South Africa, 2016 | |
| KIO | Kumba Iron Ore Limited | |
| KPI(s) | Key performance indicator(s) | |
| kt | Kilo tonnes | |
| LightApp | LightApp Technologies Limited | |
| Listings Requirements | JSE Listings Requirements | |
| LME | London Metal Exchange | |
| LOM | Life of mine | |
| LTIFR | Lost-time injury frequency rate | |
| LTIP | Long-term incentive plan | |
| Mafube | Mafube Coal Proprietary Limited | |
| Main Street 333 or MS333 | Main Street 333 Proprietary Limited (RF) | |
| Manyeka | Manyeka Coal Mines Proprietary Limited | |
| MoI | Memorandum of Incorporation | |
| Mpower 2012 | Exxaro Employee Empowerment Trust | |
| MPRDA | Mineral and Petroleum Resources Development Act 28 of 2002 | |
| Mt | Million tonnes | |
| NBC | North Block Complex | |
| NCI | Non-controlling interests | |
| NCOE | Notional cost of employment | |
| NEMA | National Environmental Management Act, 1998 | |
| NPC | Not for profit company | |
| OCI | Other comprehensive income | |
| PAYE | Pay as you earn | |
| PIC | Public Investment Corporation | |
| PPI | Producer Price Index | |
| PRC | People's Republic of China | |
| Prime Rate | South African prime bank rate | |
| PwC | PricewaterhouseCoopers Incorporated | |
| RB1 | Richards Bay export product 1 | |
| RBCT | Richards Bay Coal Terminal Proprietary Limited | |
| Replacement BEE Transaction | BEE transaction which was implemented in 2017 and resulted in Exxaro being held 30% by HDSAs | |
| Rm | Rand million | |
| RMB | Chinese renminbi | |
| RSA | Republic of South Africa | |
| SAICA | South African Institute of Chartered Accountants | |
| SAMREC Code | The South African code for the reporting of exploration results, mineral resources and mineral reserves | |
| SAR | Share appreciation right scheme | |
| SARS | South African Revenue Service | |
| SIOC | Sishen Iron Ore Company Proprietary Limited | |
| SPPI | Solely payments of principal and interest | |
| 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 | |
| Tronox UK | Tronox Sands Limited Liability Partnership in the United Kingdom | |
| TSR | Total shareholder return | |
| UK | United Kingdom | |
| Universal Coal | Universal Coal Development IV Proprietary Limited | |
| US$ | United States dollar | |
| USA | United States of America | |
| VAT | Value Added Tax | |
| VWAP | Volume weighted average price | |
| WACC | Weighted average cost of capital | |
| WANOS | Weighted average number of shares | |
| WATP | Weighted average trading price |