Annual
Financial Report
2018
2018
Currently viewing: Consolidated income statement / Next: Consolidated statement of comprehensive income
for the year ended 31 December
| United States Dollar | |||||||||
| Figures in millions unless otherwise stated | Notes | 2018 | 2017 | 2016 | |||||
CONTINUING OPERATIONS |
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| Revenue | 1 | 2,577.8 | 2,761.8 | 2,666.4 | |||||
| Cost of sales | 2 | (2,043.0) | (2,105.1) | (2,001.2) | |||||
| Investment income | 3 | 7.8 | 5.6 | 8.3 | |||||
| Finance expense | 4 | (88.0) | (81.3) | (78.1) | |||||
| Gain on financial instruments | 21.0 | 34.4 | 14.4 | ||||||
| Foreign exchange gain/(loss) | 6.4 | (3.5) | (6.4) | ||||||
| Other costs, net | (44.8) | (19.0) | (16.8) | ||||||
| Share-based payments | 5 | (37.5) | (26.8) | (14.0) | |||||
| Long-term incentive plan | 26 | (1.1) | (5.0) | (10.5) | |||||
| Exploration expense | (104.2) | (109.8) | (86.1) | ||||||
| Share of results of equity accounted investees, net of taxation | 16.1 | (13.1) | (1.3) | (2.3) | |||||
| Restructuring costs | (113.9) | (9.2) | (11.7) | ||||||
| Silicosis settlement costs | 25.2 | 4.5 | (30.2) | – | |||||
| Gain on acquisition of Asanko | 15 | 51.8 | – | – | |||||
| Impairment, net of reversal of impairment of investments and assets | 6 | (520.3) | (200.2) | (76.5) | |||||
| Profit on disposal of investments | – | – | 2.3 | ||||||
| (Loss)/profit on disposal of assets | (51.6) | 4.0 | 48.0 | ||||||
| (Loss)/profit before royalties and taxation | 7 | (348.2) | 214.4 | 435.8 | |||||
| Royalties | 8 | (62.5) | (62.0) | (78.4) | |||||
| (Loss)/profit before taxation | (410.7) | 152.4 | 357.4 | ||||||
| Mining and income taxation | 9 | 65.9 | (173.2) | (189.5) | |||||
| (Loss)/profit from continuing operations | (344.8) | (20.8) | 167.9 | ||||||
DISCONTINUED OPERATIONS |
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| Profit from discontinued operations, net of taxation | 12.1 | – | 13.1 | 1.2 | |||||
| (Loss)/profit for the year | (344.8) | (7.7) | 169.1 | ||||||
| (Loss)/profit attributable to: | |||||||||
| Owners of the parent | (348.2) | (18.7) | 158.2 | ||||||
| – Continuing operations | (348.2) | (31.8) | 157.0 | ||||||
| – Discontinued operations | – | 13.1 | 1.2 | ||||||
| Non-controlling interests | 3.4 | 11.0 | 10.9 | ||||||
| – Continuing operations | 3.4 | 11.0 | 10.9 | ||||||
| (344.8) | (7.7) | 169.1 | |||||||
| (Loss)/earnings per share attributable to owners of the parent: | |||||||||
| Basic (loss)/earnings per share from continuing operations – cents | 10.1 | (42) | (4) | 19 | |||||
| Basic earnings per share from discontinued operations – cents | 10.2 | – | 2 | – | |||||
| Diluted basic (loss)/earnings per share from continuing operations – cents | 10.3 | (42) | (4) | 19 | |||||
| Diluted basic earnings per share from discontinued operations – cents | 10.4 | – | 2 | – | |||||
| The accompanying notes form an integral part of these consolidated financial statements. |