Annual report search Group in brief Values Business objectives Highlights Comparable key ratios Group shareholder structure Group at a glance Geographical locations Creating value Group review at a glance Summary of business operations Approach to sustainable development         Business objectives                   Exxaro   Kumba       Target 2008 Actual 2007   Actual 2006 Actual 2005 Actual 2004 Actual 2003 FINANCIAL TARGETS1                 • Return on equity (ROE) (%)   25 15     33 12 12 • Return on capital employed   28 23     59 17 12 (ROCE) (%)                 • EBITDA interest cover   >4 10     20 7 6 (times)                 NON-FINANCIAL TARGETS                 • Safety                 – fatalities   0 52   6 4 2 4 – lost-time injury frequency rate   0,21 0,36   0,42 0,52 0,51 0,42 (LTIFR) (per 200 000 hours)                 • Safety, health and   12 9   10 10 8 2 environmental certification (number of operations)                 • Employment equity                 – management (%)   40 36   35 32 28 20 – women (%)   123 12   11 13 12 10 • HIV/Aids voluntary testing   954 30   41 54 40   and counselling at pilot sites (%)                 • Human resources   6,0 6,5   5,1 6,3 5,7 5,7 development (% spend of payroll)                 • Procurement from HDSA   40 35   37 24 16   companies (%)                 • HDSA ownership (%)                 2008 (15%)5   56 56   56       2014 (26%)5   56 56   56       1Financial targets are set with reference to a peer group of companies while actual ratios reported are based on statutory financials that have not been restated for comparative purposes. Comparable key fi nancial ratios appear on page 4. No financial ratios are reported for 2006 as the empowerment transaction leading to the creation of Exxaro in November 2006 results in the ratios not being meaningful. 2Includes one public road fatality. 3Requirement of the Mineral and Petroleum Resources Development Act and mining charter is 10%. 4Under review. 5Requirement of the Mineral and Petroleum Resources Development Act and mining charter.                             back to top