
1. Record underlying earnings of USD 15.5 billion, 11% above 2010.
2. Net earnings1 of USD 5.8 billion, 59% below 2010, primarily as a result of an impairment charge of USD 8.9 billion related to the Group's aluminium businesses.
3. Record underlying EBITDA1 of USD 28.5 billion, 10% above 2010.
4. Record cash flows from operations up 16 per cent to USD 27.4 billion.
5. Capital expenditure of USD 12.3 billion in 2011, compared with USD 4.6 billion in 2010. Total capital expenditure for 2012 on approved projects and sustaining capital is expected to be USD 16 billion. Further project approvals, mainly in the Pilbara, are likely to increase this level of investment as the growth program continues.
A. Pilbara iron ore expansion to 283 million tonnes per annum now fully approved and on track to be in operation by end of 2013: second planned phase expansion of Pilbara capacity enhanced to 353 million tonnes per annum and completion brought forward by six months to first half of 2015.
B. Growth options enhanced in Mongolia, Mozambique and South Africa: Rio Tinto moves to majority stake in Ivanhoe, completes Riversdale acquisition providing entry to an emerging major coking coal resource and announces doubling of stake in Richards Bay Minerals.
6. 34% increase to full year dividend to 145 US cents per share, reflecting confidence in long term outlook.
7. USD 7 billion share buy back program on track for completion by end of the first quarter. To date USD 6.2 billion has been completed, representing 103 million Rio Tinto plc shares equivalent to five per cent of the Group's issued share capital.










