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Key ratios

for the years ended 31 March


  2014
US$m
20132
US$m
% change
Group revenuea 34,084 34,487 (1)
Revenueb 22,311 23,213 (4)
Group net producer revenuecc 26,719 26,932 (1)
EBITAd 6,453 6,379 1
Adjusted profit before taxe 5,712 5,597 2
Profit before taxf 4,823 4,679 3
Profit attributable to owners of the parent 3,381 3,250 4
Adjusted earningsg 3,865 3,772 2
Adjusted earnings per share      
- US cents 242.0 237.2 2
- UK pence 152.1 150.2 1
- SA cents 2,451.7 2,018.9 21
Basic earnings per share (US cents) 211.8 204.3 4
Dividends per share (US cents) 105.0 101.0 4
Free cash flow 2,563 3,230 (21)

2 As restated. Further details of the restatement are provided in the financial review and note 13.

  1. Group revenue includes the attributable share of associates' and joint ventures' revenue of US$11,773 million (2013: US$11,274 million).
  2. Revenue excludes the attributable share of associates' and joint ventures' revenue.
  3. Group net producer revenue (NPR) comprises group revenue less excise and similar taxes, including the group's share of associates' and joint ventures' excise and similar taxes.
  4. Note 2 provides a reconciliation of operating profit to EBITA which is defined as operating profit before exceptional items and amortisation of intangible assets (excluding computer software) but includes the group's share of associates' and joint ventures' operating profit, on a similar basis. EBITA is used throughout this preliminary announcement.
  5. Adjusted profit before tax comprises EBITA less adjusted net finance costs of US$645 million (2013: US$738 million, restated) and share of associates' and joint ventures' net finance costs of US$96 million (2013: US$44 million).
  6. Profit before tax includes exceptional charges of US$202 million (2013: US$203 million). Exceptional items are explained in note 3.
  7. A reconciliation of adjusted earnings to the statutory measure of profit attributable to owners of the parent is provided in note 6.