The aluminum company's fourth-quarter net loss of $125 million included "special items" worth $151 million. Those costs were "primarily related to the permanent closure of Suralco's refinery and mines in Suriname and the impairment of Alcoa of Australia Limited's (AofA) interests in a Western Australia (WA) gas field." Pull those one-time expenses out, and Alcoa would have earned $0.14 a share.