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Rio Tinto logo and link to

2008 Annual report
and financial statements

Rio Tinto is a leading international business involved in each stage of metal and mineral production. The Group combines Rio Tinto plc, which is listed on the London Stock Exchange, and Rio Tinto Limited, which is listed on the Australian Securities Exchange. We aim to operate as a seamless organisation that maximises the benefits of standard and shared approaches for every activity.


  • Record underlying EBITDA* of US$22,317 million, 60 per cent above 2007
  • EBITDA* of US$23,870 million was 75 per cent higher than 2007
    View the text version of Earnings before interest, taxes, depreciation & amortisation restated US Dollars (Opens in a new window)
  • Record underlying earnings* of US$10,303 million, 38 per cent above 2007
  • Net earnings* were US$3,676 million, 50 per cent below 2007
  • Cash flow from operations up 64 per cent to a record of US$20,668 million
  • Annual production records set for iron ore, bauxite, alumina, on a like for like basis
  • Record net capital expenditure of US$8.5 billion, a 71 per cent rise over 2007
  • Ordinary dividend for the 2008 year maintained at 136 US cents
* Net earnings and underlying earnings relate to profit attributable to equity shareholders of Rio Tinto. Underlying earnings is defined in Key performance indicators and is reconciled to net earnings in Group financial performance. EBITDA is earnings before interest, taxes, depreciation and amortisation. Underlying EBITDA excludes the same items that are excluded from underlying earnings. EBITDA and underlying EBITDA are reconciled to the income statement in the “Financial information by business unit” section of the 2008 Full financial statements
Paper copies of all shareholder documents can be obtained free of charge by contacting the Company.

© 2009 Rio Tinto – All rights reserved.