Edgar Filing: BHP BILLITON LTD

BHP BILLITON

Supplementary Financial Information

Previously Unreported Comparative Quarters Results for Fiscal 2001

The comparative quarterly financial information presented in this release covers data for the previously unreported quarters of fiscal 2001. The information is unaudited.

This information will provide the market with the definitive basis of comparison against future financial information.

The financial information is prepared on the same basis as described within 'Basis of Preparation' as detailed on page 2 of the 'BHP Billiton results for the quarter ended 30 September 2001'.

Details for the BHP Billiton Group for the quarters ended 30 September 2000 and 30 June 2001 are provided on pages 19 to 20 of the release of 'BHP Billiton results for the quarter ended 30 September 2001'and details of individual Customer Sector Group's results for the quarter ended 30 September 2000 are provided on pages 21 to 29 of the same release.

Supplementary Financial Information



BHP BILLITON GROUP

	US$ Million

	Sep-00	Dec-00	Half Year	Mar-01	Jun-01	Full Year

Aluminium	103	115	218	135	170	523
Base metals	134	136	270	123	89	482
Carbon steel materials	211	211	422	241	255	918
Stainless steel materials	33	30	63	3	17	83
Energy coal	60	97	157	109	116	382
Exploration, technology and new business	16	10	26	12	( 32)	6
Other activities	40	46	86	38	23	147
Petroleum	344	362	706	419	282	1 407
Steel	138	74	212	43	15	270
Group and unallocated	( 131)	( 159)	( 290)	( 153)	( 148)	( 591)
EBIT	948	922	1 870	970	787	3 627
Net interest	( 84)	( 119)	( 203)	( 106)	( 161)	( 470)
Profit before tax	864	803	1 667	864	626	3 157
Taxation	( 262)	( 218)	( 480)	( 264)	( 199)	( 943)
Profit after taxation	602	585	1 187	600	427	2 214
Equity minority interests	( 13)	( 16)	( 29)	4	-	( 25)
Attributable profit (excluding exceptionals)	589	569	1 158	604	427	2 189

Exceptional items	-	-	-	( 520)	( 574)	(1 094)
Tax on exceptional items	-	-	-	110	22	132
	-	-	-	( 410)	( 552)	( 962)
Equity minority interests	-	-	-	-	302	302
Attributable profit (including exceptionals)	589	569	1 158	194	177	1 529

Supplementary Financial Information



	BHP BILLITON GROUP

	Quarter ended 31 December 2000
		US$ Million
				EBIT				EBIT
				excluding				including
				exceptional		Exceptional		exceptional				Exploration		Exploration
		Turnover	⁽¹⁾	items	⁽²⁾	items		items	⁽²⁾	Capex	⁽⁴⁾	gross	⁽⁵⁾	to profit	⁽⁶⁾
	Aluminium	647		115		-		115		30		-		-
	Base metals	625		136		-		136		1 835		42		7
	Carbon steel materials	854		211		-		211		249		-		-
	Stainless steel materials	207		30		-		30		58		2		2
	Energy coal	466		97		-		97		206		2		-
	Exploration, technology and new business	50		10		-		10		6		13		12
	Other activities	401		46		-		46		5		-		-
	Petroleum	918		362		-		362		110		43		32
	Steel	881		74		-		74		11		-		-
	Group and unallocated ⁽⁷⁾	( 87)		( 159)		-		( 159)		16		-		-
	BHP Billiton Group	4 818		922		-		922		2 526		102		53

	Quarter ended 31 March 2001
		US$ Million
				EBIT				EBIT
				excluding				including
				exceptional		Exceptional		exceptional				Exploration		Exploration
		Turnover	⁽¹⁾	items	⁽²⁾	items		items	⁽²⁾	Capex	⁽⁴⁾	gross	⁽⁵⁾	to profit	⁽⁶⁾
	Aluminium	773		135		-		135		1 501		-		-
	Base metals	565		123		-		123		93		4		4
	Carbon steel materials	834		241		-		241		32		3		3
	Stainless steel materials	192		3		-		3		28		-		-
	Energy coal	495		109		-		109		15		-		-
	Exploration, technology and new business	67		12		-		12		9		14		14
	Other activities	372		38		( 180)		( 142)		6		-		-
	Petroleum	818		419		-		419		80		47		40
	Steel	797		43		-		43		9		-		-
	Group and unallocated ⁽⁷⁾	( 86)		( 153)		( 340)		( 493)		100		-		-
	BHP Billiton Group	4 674		970		( 520)		450		1 873		68		61

	Quarter ended 30 June 2001
		US$ million
				EBIT				EBIT
				excluding				including
				exceptional		Exceptional		exceptional				Exploration		Exploration
		Turnover	⁽¹⁾	items	⁽²⁾	items	⁽³⁾	items	^{(2) (3)}	Capex	⁽⁴⁾	gross	⁽⁵⁾	to profit	⁽⁶⁾
	Aluminium	904		170		53		223		66		1		1
	Base metals	573		89		( 435)		( 346)		178		7		6
	Carbon steel materials	912		255		126		381		75		1		1
	Stainless steel materials	210		17		( 9)		8		67		1		1
	Energy coal	582		116		( 34)		82		103		1		1
	Exploration, technology and new business	68		( 32)		( 13)		( 45)		389		23		37
	Other items	338		23		( 114)		( 91)		3		-		-
	Petroleum	775		282		-		282		145		70		46
	Steel	867		15		( 22)		( 7)		31		-		-
	Group and unallocated ⁽⁷⁾	( 86)		( 148)		( 120)		( 268)		14		-		-
	BHP Billiton Group	5 009		787		( 568)		219		1 071		104		93



(1)	Turnover does not add to the BHP Billiton Group figure due to inter-segment transactions.
(2)	EBIT is earnings before interest and tax.
(3)	Certain items have been restated between customer sector groups.
(4)	Capex includes capital and investment expenditure and excludes capitalised interest and capitalised exploration.
(5)	Includes capitalised exploration of (December 2000: US$49 million, March 2001: US$7 million, June 2001: US$29 million)
(6)	The June 2001 quarter includes US$18 million exploration expenditure previously capitalised, now written off.
(7)	Includes consolidation adjustments and unallocated items.

Supplementary Financial Information


ALUMINIUM

Quarter ended 31 December 2000
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Alumina			96	47		12	35		9
Aluminium			357	109		32	77		21
Intra-divisional adjustment			( 30)	-		-	-		-
Third party products			224	3		-	3		-
Total Aluminium			647	159		44	115		30		-	-


Quarter ended 31 March 2001
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Alumina			137	79		23	56		1 486
Aluminium			395	108		35	73		15
Intra-divisional adjustment			( 16)	-		-	-		-
Third party products			257	6		-	6		-
Total Aluminium			773	193		58	135		1 501		-	-


Quarter ended 30 June 2001
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Alumina			191	97		24	73		29
Aluminium			469	124		29	95		37
Intra-divisional adjustment			( 67)	-		-	-		-
Third party products			311	2		-	2		-
Total Aluminium			904	223		53	170		66		1	1


	(1)	EBITDA is earnings before interest, tax, and depreciation and amortisation (excluding exceptional items).
	(2)	EBIT is earnings before interest and tax (excluding exceptional items).
	(3)	Includes capital and investment expenditure and excludes capitalised interest and capitalised exploration.

Supplementary Financial Information


BASE METALS

Quarter ended 31 December 2000
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	^{(3) (6)}	gross	⁽⁴⁾	to profit
Escondida			244	111		28	83		67
Ok Tedi			134	35		18	17		3
Tintaya			46	10		7	3		6
Cerro Colorado			55	30		17	13		1
Antamina			-	-		-	-		-
Alumbrera			20	4		-	4		-
Cannington			67	21		6	15		2
Highland Valley			14	2		-	2		-
Other businesses ⁽⁵⁾			42	-		1	( 1)		6
Third party products			3	-		-	-		-
Total Base Metals			625	213		77	136		1 835		42		7

Quarter ended 31 March 2001
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	⁽⁴⁾	to profit
Escondida			223	103		25	78		64
Ok Tedi			119	23		17	6		14
Tintaya			21	7		7	-		11
Cerro Colorado			56	29		16	13		-
Antamina			-	-		-	-		-
Alumbrera			4	6		-	6		-
Cannington			85	30		6	24		4
Highland Valley			21	3		-	3		-
Other businesses ⁽⁵⁾			35	( 6)		1	( 7)		-
Third party products			1	-		-	-		-
Total Base Metals			565	195		72	123		93		4		4

Quarter ended 30 June 2001
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	⁽⁴⁾	to profit
Escondida			170	74		25	49		85
Ok Tedi			151	16		17	( 1)		7
Tintaya			54	( 1)		9	( 10)		27
Cerro Colorado			56	27		16	11		1
Antamina			-	-		-	-		46
Alumbrera			20	12		-	12		-
Cannington			80	27		6	21		2
Highland Valley			11	( 2)		-	( 2)		-
Other businesses ⁽⁵⁾			31	13		4	9		10
Third party products			-	-		-	-		-
Total Base Metals			573	166		77	89		178		7		6


	(1)	EBITDA is earnings before interest, tax, and depreciation and amortisation (excluding exceptional items).
	(2)	EBIT is earnings before interest and tax (excluding exceptional items).
	(3)	Capex includes capital and investment expenditure and excludes capitalised interest and capitalised exploration.
	(4)	Includes capitalised exploration of (December 2000: US$35 million, March 2001: US$nil, June 2000: US$1 million)
	(5)	Includes Selbaie, Pering and North America Copper mining and smelting operations (which ceased during the September 1999 quarter.)
	(6)	Includes the acquisition of Rio Algom Limited for US$1,750 million (before deduction of assumed debt), which has not been allocated to the various operations and therefore Capex does not add to the Base Metals total.

Supplementary Financial Information


CARBON STEEL MATERIALS

Quarter ended 31 December 2000
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
WA Iron Ore			257	122		17	105		8
Samarco ⁽⁴⁾			50	13		-	13		-
Total Iron Ore			307	135		17	118		8
Queensland ⁽⁵⁾			298	106		16	90		228
Illawarra			64	13		4	9		2
Total Metallurgical Coal			362	119		20	99		230
Manganese			172	27		5	22		5
Boodarie^TM Iron			14	( 27)		-	( 27)		6
Intra-divisional adjustment			( 10)	( 1)		-	( 1)		-
Third party products			9	-		-	-		-
Total Carbon Steel			854	253		42	211		249		-	-


Quarter ended 31 March 2001
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
WA Iron Ore			270	132		22	110		6
Samarco ⁽⁴⁾			75	24		-	24		-
Total Iron Ore			345	156		22	134		6
Queensland ⁽⁵⁾			299	121		16	105		11
Illawarra			60	17		5	12		3
Total Metallurgical Coal			359	138		21	117		14
Manganese			99	26		7	19		6
Boodarie^TM Iron			29	( 29)		-	( 29)		6
Intra-divisional adjustment			( 9)	-		-	-		-
Third party products			11	-		-	-		-
Total Carbon Steel			834	291		50	241		32		3	3


Quarter ended 30 June 2001
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
WA Iron Ore			266	137		22	115		9
Samarco ⁽⁴⁾			47	19		-	19		-
Total Iron Ore			313	156		22	134		9
Queensland ⁽⁵⁾			324	114		14	100		44
Illawarra			75	27		3	24		6
Total Coking Coal			399	141		17	124		50
Manganese			158	39		7	32		10
Boodarie^TM Iron			40	( 35)		-	( 35)		6
Intra-divisional adjustment			( 9)	( 1)		-	( 1)		-
Third party products			11	1		-	1		-
Total Carbon Steel			912	301		46	255		75		1	1



	(1)	EBITDA is earnings before interest, tax, and depreciation and amortisation (excluding exceptional items).
	(2)	EBIT is earnings before interest and tax (excluding exceptional items).
	(3)	Capex includes capital and investment expenditure and excludes capitalised interest and capitalised exploration.
	(4)	Equity accounted investments.
	(5)	Includes equity accounted results from QCT Resources Ltd which was acquired in November 2000 and ceased following equalisation with Mitsubishi in June 2001.

Supplementary Financial Information


STAINLESS STEEL MATERIALS

Quarter ended 31 December 2000
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Nickel			99	29		11	18		51
Chrome			106	18		6	12		7
Third party products			2	-		-	-		-
Total Stainless Steel			207	47		17	30		58		2	2

Quarter ended 31 March 2001
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Nickel			112	30		18	12		19
Chrome			78	( 2)		7	( 9)		9
Third party products			2	-		-	-		-
Total Stainless Steel			192	28		25	3		28		-	-

Quarter ended 30 June 2001
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Nickel			130	40		12	28		52
Chrome			78	( 2)		9	( 11)		15
Third party products			2	-		-	-		-
Total Stainless Steel			210	38		21	17		67		1	1


	(1)	EBITDA is earnings before interest, tax, and depreciation and amortisation (excluding exceptional items).
	(2)	EBIT is earnings before interest and tax (excluding exceptional items).
	(3)	Capex includes capital and investment expenditure and excludes capitalised interest and capitalised exploration.

Supplementary Financial Information


ENERGY COAL

Quarter ended 31 December 2000
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	⁽⁴⁾	to profit
Ingwe			280	95		24	71		17
New Mexico			104	33		8	25		15
COAL			21	( 1)		4	( 5)		5
Indonesia			53	15		8	7		-
Colombia			6	( 1)		-	( 1)		169
Third party products			2	-		-	-		-
Total Energy Coal			466	141		44	97		206		2		-


Quarter ended 31 March 2001
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross		to profit
Ingwe			264	88		22	66		1
New Mexico			99	32		9	23		10
COAL			35	8		4	4		4
Indonesia			49	13		7	6		-
Colombia			35	9		-	9		-
Third party products			13	1		-	1		-
Total Energy Coal			495	151		42	109		15		-		-


Quarter ended 30 June 2001
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross		to profit
Ingwe			255	91		37	54		75
New Mexico			104	31		13	18		24
COAL			42	12		2	10		3
Indonesia			68	27		6	21		1
Colombia			42	8		-	8		-
Third party products			71	5		-	5		-
Total Energy Coal			582	174		58	116		103		1		1


	(1)	EBITDA is earnings before interest, tax, and depreciation and amortisation (excluding exceptional items).
	(2)	EBIT is earnings before interest and tax (excluding exceptional items).
	(3)	Capex includes capital and investment expenditure and excludes capitalised interest and capitalised exploration.
	(4)	The December 2001 quarter includes US$2 million capitalised exploration.

Supplementary Financial Information


EXPLORATION, TECHNOLOGY AND NEW BUSINESS

Quarter ended 31 December 2000
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	⁽⁴⁾	to profit	⁽⁵⁾
Ekati			48	31		6	25		4
Exploration and Technology			2	( 14)		1	( 15)		2
Total Exploration, Technology and New Business			50	17		7	10		6		13		12

Quarter ended 31 March 2001
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	⁽⁴⁾	to profit	⁽⁵⁾
Ekati			66	41		6	35		8
Exploration and Technology			1	( 22)		1	( 23)		1
Total Exploration, Technology and New Business			67	19		7	12		9		14		14


Quarter ended 30 June 2001
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	⁽⁴⁾	to profit	⁽⁵⁾
Ekati			62	36		7	29		389
Exploration and Technology			6	( 59)		2	( 61)		-
Total Exploration, Technology and New Business			68	( 23)		9	( 32)		389		23		37



	(1)	EBITDA is earnings before interest, tax, and depreciation and amortisation (excluding exceptional items).
	(2)	EBIT is earnings before interest and tax (excluding exceptional items).
	(3)	Capex includes capital and investment expenditure and excludes capitalised interest and capitalised exploration.
	(4)	Includes capitalised exploration of (December 2000: US$1 million, March 2001: US$nil, June 2000: US$4 million)
	(5)	The June 2001 quarter includes US$18 million exploration expenditure previously capitalised, now written off.

Supplementary Financial Information



OTHER ACTIVITIES

Quarter ended 31 December 2000
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Venezuela HBI			8	( 12)		-	( 12)		-
NAMD			264	10		3	7		5
Other businesses ⁽⁴⁾			129	51		-	51		-
Total Other Activities			401	49		3	46		5		-	-

Quarter ended 31 March 2001
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Venezuela HBI			5	( 10)		-	( 10)		4
NAMD			276	10		2	8		2
Other businesses ⁽⁴⁾			91	42		2	40		-
Total Other Activities			372	42		4	38		6		-	-

Quarter ended 30 June 2001
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Venezuela HBI			-	-		-	-		-
NAMD			257	10		2	8		3
Other businesses ⁽⁴⁾			81	16		1	15		-
Total Other Activities			338	26		3	23		3		-	-



	(1)	EBITDA is earnings before interest, tax, and depreciation and amortisation (excluding exceptional items).
	(2)	EBIT is earnings before interest and tax (excluding exceptional items).
	(3)	Capex includes capital and investment expenditure and excludes capitalised interest and capitalised exploration.
	(4)	Includes Richards Bay Minerals operations, Colombus Stainless Steel operations and the Hartley Platinum mine which was sold in January 2001.

Supplementary Financial Information


PETROLEUM

Quarter ended 31 December 2000
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	⁽⁴⁾	to profit
Bass Strait			297	166		20	146		15
North West Shelf			188	132		13	119		9
Liverpool Bay			73	56		24	32		12
Other businesses			322	168		66	102		74
Marketing activities			69	3		-	3		-
Intra-divisional adjust			-	-		-	-		-
Divisional activities			( 31)	( 40)		-	( 40)		-
Total Petroleum			918	485		123	362		110		43		32


Quarter ended 31 March 2001
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	⁽⁴⁾	to profit
Bass Strait			264	148		22	126		13
North West Shelf			194	153		14	139		9
Liverpool Bay			100	83		30	53		8
Other businesses			256	180		63	117		50
Marketing activities			15	-		-	-		-
Intra-divisional adjust			-	-		-	-		-
Divisional activities			( 11)	( 16)		-	( 16)		-
Total Petroleum			818	548		129	419		80		47		40


Quarter ended 30 June 2001
			US$ Million
						Depn &					Exploration		Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	⁽⁴⁾	to profit
Bass Strait			272	142		22	120		10
North West Shelf			164	112		12	100		16
Liverpool Bay			106	90		31	59		16
Other businesses			219	56		55	1		103
Marketing activities			27	11		-	11		-
Intra-divisional adjust			-	-		-	-		-
Divisional activities			( 13)	( 9)		-	( 9)		-
Total Petroleum			775	402		120	282		145		70		46


	(1)	EBITDA is earnings before interest, tax, and depreciation and amortisation (excluding exceptional items).
	(2)	EBIT is earnings before interest and tax (excluding exceptional items).
	(3)	Capex includes capital and investment expenditure and excludes capitalised interest and capitalised exploration.
	(4)	Includes capitalised exploration of (December 2000: US$11 million, March 2001: US$7 million, June 2001: US$24 million)

Supplementary Financial Information


STEEL

Quarter ended 31 December 2000
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Flat Products ⁽⁴⁾			343	40		21	19		5
Coated Products			425	45		14	31		6
Discontinuing operations ⁽⁵⁾			110	8		4	4		-
Intra-divisional adjust			( 218)	25		-	25		-
Divisional activities			5	( 6)		-	( 6)		-
Transport & Logistics			216	5		4	1		-
Total Steel			881	117		43	74		11		-	-


Quarter ended 31 March 2001
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Flat Products ⁽⁴⁾			343	16		19	( 3)		5
Coated Products			411	51		14	37		4
Discontinuing operations ⁽⁵⁾			1	-		-	-		-
Intra-divisional adjust			( 176)	5		-	5		-
Divisional activities			4	( 4)		-	( 4)		-
Transport & Logistics			214	11		3	8		-
Total Steel			797	79		36	43		9		-	-


Quarter ended 30 June 2001
			US$ Million
						Depn &					Exploration	Exploration
			Turnover	EBITDA	⁽¹⁾	amortisation	EBIT	⁽²⁾	Capex	⁽³⁾	gross	to profit
Flat Products ⁽⁴⁾			373	( 2)		19	( 21)		20
Coated Products			443	43		16	27		11
Discontinuing operations ⁽⁵⁾			-	-		-	-		-
Intra-divisional adjust			( 181)	5		-	5		-
Divisional activities			6	( 6)		1	( 7)		-
Transport & Logistics			226	14		3	11		-
Total Steel			867	54		39	15		31		-	-


	(1)	EBITDA is earnings before interest, tax, and depreciation and amortisation (excluding exceptional items).
	(2)	EBIT is earnings before interest and tax (excluding exceptional items).
	(3)	Capex includes capital and investment expenditure and excludes capitalised interest and capitalised exploration.
	(4)	Includes North Star BHP Steel.
	(5)	Includes the Long Products business (OneSteel Limited) which ceased to report results from November 2000 following spin-out.



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