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BHP Billiton Annual Review 2007 cover

The BHP Billiton Annual Review is available for download in Adobe Acrobat PDF format.

Group highlights 2007

  • Records achieved across all key earnings measures including Underlying Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) up 27.1 per cent to US$23.0 billion and Underlying Earnings Before Interest and Tax (EBIT) up 31.4 per cent to US$20.1 billion.
  • Attributable profit up 34.7 per cent to US$13.7 billion and Earnings Per Share (EPS) up 39.1 per cent, benefiting from ongoing buy-backs (both measures excluding exceptionals).
  • Record Underlying EBIT margin and Return on Capital Employed increased to 48.4 per cent and 38.4 per cent respectively. This is the sixth consecutive record for both measures.
  • Final dividend rebased to 27 US cents per share demonstrating our confidence in the outlook. This is an increase of 46 per cent on last year’s final dividend.
  • US$6.3 billion of a US$13.0 billion capital management program completed, representing 5.2 per cent of outstanding shares.

Group highlights 2007

Chairman’s Review

Don Argus

With our market capitalisation at US$165 billion at 30 June and a large-scale capital return program, total shareholder returns for the year continued to break records. The strength of our strategy is in the balance between optimising current conditions and progressing our pipeline of next generation high growth opportunities.
Read the review...

CSG Snapshot

Petroleum
US$ million
Turnover 5,885
Underlying EBIT 3,014
Capital expenditure 1,687
Net operating assets 7,061
Underlying EBIT increased 1.5%

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CSG Snapshot

Aluminium
US$ million
Turnover 5,879
Underlying EBIT 1,856
Capital expenditure 369
Net operating assets 6,178
Underlying EBIT increased 55.8%

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CSG Snapshot

Base Metals
US$ million
Turnover 12,635
Underlying EBIT 6,905
Capital expenditure 835
Net operating assets 10,954
Underlying EBIT increased 27.9%

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CSG Snapshot

Diamonds & Specialty Products
US$ million
Turnover 893
Underlying EBIT 261
Capital expenditure 144
Net operating assets 1,759
Underlying EBIT increased (24.3)%

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CSG Snapshot

Stainless Steel Materials
US$ million
Turnover 6,901
Underlying EBIT 3,697
Capital expenditure 1,509
Net operating assets 6,598
Underlying EBIT increased 310.3%

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CSG Snapshot

Iron Ore
US$ million
Turnover 5,524
Underlying EBIT 2,738
Capital expenditure 1,186
Net operating assets 4,191
Underlying EBIT increased 7.9%

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CSG Snapshot

Manganese
US$ million
Turnover 1,244
Underlying EBIT 253
Capital expenditure 72
Net operating assets 590
Underlying EBIT increased 91.7%

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CSG Snapshot

Metallurgical Coal
US$ million
Turnover 3,769
Underlying EBIT 1,249
Capital expenditure 555
Net operating assets 2,173
Underlying EBIT increased (31.9)%

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CSG Snapshot

Energy Coal
US$ million
Turnover 4,576
Underlying EBIT 484
Capital expenditure 242
Net operating assets 1,846
Underlying EBIT increased 48%

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