TIDMZCC 
 
RNS Number : 0541K 
ZCCM Invs.Hldgs PLC 
12 April 2010 
 

                          ZCCM Investments Holdings Plc 
                        Incorporated in the Republic of Zambia 
 
 
ZCCM INVESTMENTS HOLDINGS Plc 
And its subsidiaries 
 
 
DIRECTORS' HALF YEARLY SUMMARY 
For the period ended 31st December 2009 
 
In compliance with the requirements of the Securities Act, Cap 354 of the Laws 
of Zambia, the Securities [Registration of Securities] Rules, 1993, and the 
Listing Rules of the Lusaka Stock Exchange, ZCCM Investments Holdings Plc 
announces the unaudited results for the half year ended 31 December 2009. 
 
The Group achieved a turnover of K105, 679 million during the six month period 
ended 
31 December 2009 which was 18% below the turnover of K128, 319 million for the 
six months to     31 December 2008. 
 
This reduction was mainly on account of the negative effects of the world 
economic crisis which resulted in a drop in demand for base metals.  As a result 
no Price Participation payment (Deferred Consideration) was received during the 
period under review compared to K25, 390 million for the six months to December 
2008. The conditions triggering a Price Participation payment by the Investee 
Company, Konkola Copper Mines Plc (KCM) were not met and the other Investee 
Company, Chambishi Metals Plc was under care and maintenance during the period 
under review. 
 
There were coal sales for the period to 31 December 2009 of K8, 585 million from 
Maamba Collieries Limited (MCL) following the commencement of coal production in 
April 2009, after a partial rehabilitation of the mine, as compared to the 
period to 31 December 2008 when there were no sales. Ndola Lime Company (NLC) 
turnover of K75, 383 million during the period ended 31 December 2009 was 6% 
below that of K79, 956 million for the corresponding period to 31 December 2008. 
 
The cost of turnover increased to K115, 468 million for the period to 31 
December 2009 from 
K60, 992 million for the corresponding period to December 2008. This was largely 
due to cost of sales of K41, 935 million arising from the increase in mine 
development costs at MCL during the period under review compared to 31 December 
2008 when there were no production costs. 
 
The appreciation of the Kwacha against the United States Dollar in the period 
under review resulted in a retained profit of K92, 492 million compared to a 
loss of K272, 459 million for the period to December 2008. This was attributable 
to the Kwacha appreciating against the US$ from K5, 194.29 as of 1st July 2009 
to K4, 651.88 as of 31 December 2009 resulting in an exchange gain of K114, 726 
million (after the translation of foreign denominated liabilities) for the 
period to 31 December 2009 compared to an exchange loss of K308, 617 million for 
the period to 31 December 2008. 
 
By Order of the Board 
 
 
C Chabala 
Acting Company Secretary 
30 March 2010 
 
 
 
+--------------+------+-+----------+-----------------+----------+---------------+----------+ 
|                       |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                                                               |               |          | 
| ZCCM INVESTMENTS HOLDINGS PLC                                 |               |          | 
+---------------------------------------------------------------+---------------+----------+ 
| And Subsidiaries      |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
| GROUP PROFIT/( LOSS) ACCOUNT AS AT 31 DECEMBER 2009                                      | 
+------------------------------------------------------------------------------------------+ 
|                       |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |      SIX MONTHS |          |    SIX MONTHS |          | 
|                       |          |           ENDED |          |         ENDED |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |     31 DECEMBER |          |   31 DECEMBER |          | 
|                       |          |            2009 |          |          2008 |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |    Consolidated |          |  Consolidated |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |      K' million |          |    K' million |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
| Turnover              |          |       105,679   |          |       128,319 |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
| Cost of turnover      |          |       (115,468) |          |      (60,922) |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
| Operating             |          |         (9,789) |          |        67,397 |          | 
| profit/(loss)         |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
|                       |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
| Exchange gain/(loss)  |          |         114,726 |          |     (308,617) |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
| Environmental         |          |        (18,084) |          |       (8,123) |          | 
| expenses              |          |                 |          |               |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
| Rehabilitation works  |          |               - |          |      (18,016) |          | 
+-----------------------+----------+-----------------+----------+---------------+----------+ 
| Interest     |                   |         (3,420) |          |       (1,856) |          | 
| charge       |                   |                 |          |               |          | 
+--------------+-------------------+-----------------+----------+---------------+----------+ 
| Royalty on   |                   |         (1,565) |          |       (1,574) |          | 
| minerals     |                   |                 |          |               |          | 
+--------------+-------------------+-----------------+----------+---------------+----------+ 
| Other income |                   |          11,534 |          |             - |          | 
+--------------+-------------------+-----------------+----------+---------------+----------+ 
| Profit/(loss)       |            |          93,402 |          |     (270,789) |          | 
| before taxation     |            |                 |          |               |          | 
+---------------------+------------+-----------------+----------+---------------+----------+ 
|                     |            |                 |          |               |          | 
+---------------------+------------+-----------------+----------+---------------+----------+ 
| Income tax          |            |           (910) |          |       (1,670) |          | 
+---------------------+------------+-----------------+----------+---------------+----------+ 
|                     |            |                 |          |               |          | 
+---------------------+------------+-----------------+----------+---------------+----------+ 
| Retained            |            |          92,492 |          |     (272,459) |          | 
| profit/(loss)       |            |                 |          |               |          | 
+---------------------+------------+-----------------+----------+---------------+----------+ 
|                     |            |                 |          |               |          | 
+---------------------+------------+-----------------+----------+---------------+----------+ 
|              |      | |          |                 |          |               |          | 
+--------------+------+-+----------+-----------------+----------+---------------+----------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 IR DMGMDDZMGGZM 
 

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