| AGM |
Annual general meeting |
| Amakhala SPV |
Amakhala Emoyeni RE Project 1 (RF) Proprietary Limited |
| AMSA |
ArcelorMittal SA Limited |
| Anglo |
Anglo South Africa Capital Proprietary Limited |
| API4 |
All publications index 4 (FOB Richards Bay 6000/kcal/kg) |
| Arnot OpCo |
Arnot OpCo Proprietary Limited |
| AU$ |
Australian dollar |
| B-BBEE |
Broad-based black economic empowerment |
| BEE |
Black economic empowerment |
| BEE Parties |
External shareholders of Eyesizwe |
| Black Mountain |
Black Mountain Proprietary Limited |
| CAF |
Combined Assurance Forum |
| Cennergi |
Cennergi Proprietary Limited or Cennergi group of companies |
| CEO |
Chief executive officer |
| CFR |
Cost and freight |
| CGU |
Cash-generating unit |
| Chifeng |
Chifeng Kumba Hongye Corporation Limited |
| Companies Act |
Companies Act No 71 of 2008 of South Africa, as amended |
| CPI |
Consumer price index |
| cps |
Cents per share |
| Curapipe |
Curapipe Systems Limited |
| DBP |
Deferred bonus plan |
| DCF |
Discounted cash flow |
| DEA |
Department of Environmental Affairs |
| DMRE |
Department of Mineral Resources and Energy |
| DMTN |
Domestic Medium-Term Note |
| Dorstfontein |
Dorstfontein Coal Mines Proprietary Limited |
| DVA |
Debit value adjustment |
| EBITDA |
Net operating profit before interest, tax, depreciation, amortisation, impairment charges or impairment reversals and net loss or gain on disposal of assets and investments (including translation differences recycled to profit or loss) |
| ECC |
Exxaro Coal Central Proprietary Limited |
| ECL(s) |
Expected credit loss(es) |
| EMJV |
Ermelo joint venture |
| ESD |
Enterprise and supplier development |
| ESG |
Environmental, social and governance |
| ESOP |
Employee share option scheme |
| Exxaro |
Exxaro Resources Limited |
| Exxaro Beijing |
Exxaro Resources (Beijing) Commercial Company Limited |
| Exxaro Community NPC |
Exxaro Matla Setshabeng Development NPC |
| Exxaro ESOP SPV |
Exxaro ESOP SPV RF Proprietary Limited |
| Eyesizwe |
Eyesizwe (RF) Proprietary Limited, special purpose private company which has a 30% shareholding in Exxaro |
| FCTR |
Foreign currency translation reserve |
| FEC(s) |
Forward exchange contract(s) |
| Ferroland |
Ferroland Grondtrust Proprietary Limited |
| FOB |
Free on board |
| FPR |
Financial Provisioning Regulations, 2015 |
| FVOCI |
Fair value through other comprehensive income |
| FVPL |
Fair value through profit or loss |
| GAM |
Global Asset Management Limited |
| GG |
Grootegeluk |
| GWh |
Gigawatt hour |
| HDSA |
The meaning given to it, or any equivalent or replacement term, in the broad-based socio-economic empowerment charter for the South African Mining Industry, developed under section 100 of the MPRDA, as amended or replaced from time to time |
| HEPS |
Headline earnings per share |
| IAS |
International Accounting Standard(s) |
| IASB |
International Accounting Standards Board |
| IAS 36 |
IAS 36 Impairment of Assets |
| IFRIC |
IFRS Interpretations Committee |
| IFRS |
International Financial Reporting Standard(s) |
| IFRS 2 |
IFRS 2 Share-based Payment |
| IFRS 3 |
IFRS 3 Business Combinations |
| IFRS 5 |
IFRS 5 Non-current Assets Held for Sale and Discontinued Operations |
| IFRS 9 |
IFRS 9 Financial Instruments |
| IFRS 16 |
IFRS 16 Leases |
| IM |
Information management |
| Insect Technology |
Insect Technology Group Holdings UK Limited |
| IPP |
Independent power producer |
| IT |
Information technology |
| JIBAR |
Johannesburg Interbank Agreed Rate |
| JSE |
JSE Limited |
| JV |
Joint venture |
| kcal |
Kilocalorie |
| Khopoli |
Khopoli Investments Limited |
| King IV™ |
King IV Report on Corporate GovernanceTM for South Africa, 2016* |
| KIO |
Kumba Iron Ore Limited |
| KPI(s) |
Key performance indicator(s) |
| Lebonix |
Lebonix Proprietary Limited |
| LGD |
Loss given default |
| LightApp |
LightApp Technologies Limited |
| Listings Requirements |
JSE Listings Requirements |
| LoM |
Life of mine |
| LTIFR |
Lost-time injury frequency rate |
| LTIP |
Long-term incentive plan |
| Mafube |
Mafube Coal Proprietary Limited |
| MoI |
Memorandum of Incorporation |
| MPRDA |
Mineral and Petroleum Resources Development Act 28 of 2002 |
| Mt |
Million tonnes |
| NBC |
North Block Complex |
| NCI(s) |
Non-controlling interest(s) |
| NCOE |
Notional cost of employment |
| NEMA |
National Environmental Management Act, 1998 |
| NPC |
Not-for-profit company |
| OCI |
Other comprehensive income |
| PD |
Probability of default |
| PIC |
Public Investment Corporation |
| PPI |
Producer Price Index |
| Prime Rate |
South African prime bank rate |
| PwC |
PricewaterhouseCoopers Incorporated |
| RBCT |
Richards Bay Coal Terminal Proprietary Limited |
| Replacement BEE Transaction |
BEE transaction which was implemented in 2017 and resulted in Exxaro being held 30% by HDSAs |
| Rm |
Rand million |
| ROCE |
Return on capital employed |
| RSA |
Republic of South Africa |
| SAICA |
South African Institute of Chartered Accountants |
| SAMREC Code |
The South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves |
| SARS |
South African Revenue Service |
| SIOC |
Sishen Iron Ore Company Proprietary Limited |
| SME(s) |
Small-to-medium enterprise(s) |
| SPPI |
Solely payments of principal and interest |
| SSCC |
Semi-soft coking coal |
| Tata Power |
Tata Power Company Limited |
| TiO2 |
Titanium dioxide |
| Tronox |
Exxaro’s investment in Tronox entities |
| Tronox SA |
Tronox KZN Sands Proprietary Limited and Tronox Mineral Sands Proprietary Limited |
| Tronox UK |
Tronox Sands Limited Liability Partnership in the United Kingdom |
| Tsitsikamma SPV |
Tsitsikamma Community Wind Farm Proprietary Limited |
| TSR |
Total shareholder return |
| Tumelo |
Tumelo Coal Mines Proprietary Limited |
| TVP(s) |
Targeted voluntary severance package(s) |
| UK |
United Kingdom |
| US$ |
United States dollar |
| USA |
United States of America |
| VAT |
Value added tax |
| WANOS |
Weighted average number of ordinary shares |
