View Statement of comprehensive income - ZAR

 

Income statement

International Financial Reporting Standards Basis

Figures are in millions unless otherwise stated

    Quarter   Six months to  
  SOUTH AFRICAN RAND June  
2011
  March
2011
  June
2010
  June  
2011
  June
2010
 
  Revenue 9,581.0   8,969.4   8,802.7   18,550.4   16,082.6  
  Operating costs, net (5,124.2)   (4,878.4)   (5,064.7)   (10,002.6)   (9,774.5)  
        - Operating costs (5,250.7)   (4,959.0)   (5,102.5)   (10,209.7)   (9,860.8)  
        - Gold inventory change 126.5   80.6   37.8   207.1   86.3  
                       
  Operating profit 4,456.8   4,091.0   3,738.0   8,547.8   6,308.1  
  Amortisation and depreciation (1,277.2)   (1,240.0)   (1,368.2)   (2,517.2)   (2,507.5)  
  Net operating profit 3,179.6   2,851.0   2,369.8   6,030.6   3,800.6  
  Net interest paid (31.5)   (40.9)   (33.4)   (72.4)   (78.1)  
  Share of gain/(loss) of associates after taxation 0.8   (3.5)   86.2   (2.7)   90.3  
  (Loss)/gain on foreign exchange (19.0)   3.0   6.0   (16.0)   (9.6)  
  Gain/(loss) on financial instruments 24.6   6.4   19.1   31.0   (5.9)  
  Share-based payments (122.5)   (122.0)   (46.1)   (244.5)   (167.0)  
  Other (84.8)   (76.1)   (119.9)   (160.9)   (216.3)  
  Exploration (213.5)   (138.5)   (185.5)   (352.0)   (312.4)  
  Feasibility and evaluation costs (17.2)   (27.3)   -   (44.5)   -  
  Profit before royalties, taxation and non-recurring items 2,716.5   2,452.1   2,096.2   5,168.6   3,101.6  
  Non-recurring items (100.6)   (82.6)   (144.1)   (183.2)   (121.8)  
  Profit before royalties and taxation 2,615.9   2,369.5   1,952.1   4,985.4   2,979.8  
  Royalties (236.4)   (164.6)   (220.8)   (401.0)   (338.0)  
  Profit before taxation 2,379.5   2,204.9   1,731.3   4,584.4   2,641.8  
  Mining and income taxation (866.3)   (780.0)   (643.7)   (1,646.3)   (1,073.7)  
        - Normal taxation (520.7)   (599.8)   (339.6)   (1,120.5)   (495.0)  
        - Deferred taxation (345.6)   (180.2)   (304.1)   (525.8)   (578.7)  
                       
  Net profit 1,513.2   1,424.9   1,087.6   2,938.1   1,568.1  
  Attributable to:
        - Owners of the parent 1,266.8   1,100.4   899.9   2,367.2   1,215.6  
        - Non-controlling interest 246.4   324.5   187.7   570.9   352.5  
  Non-recurring items:
  Profit on sale of investments -   -   63.8   -   88.2  
  (Loss)/profit on sale of assets (2.4)   (1.3)   0.5   (3.7)   1.4  
  Restructuring costs (63.0)   (84.6)   (11.8)   (147.6)   (13.5)  
  Gain on financial instruments -   -   -   -   -  
  Impairment of investments (1.2)   -   (196.6)   (1.2)   (197.9)  
  Other (34.0)   3.3   -   (30.7)   -  
  Total non-recurring items (100.6)   (82.6)   (144.1)   (183.2)   (121.8)  
  Taxation 30.1   25.9   (7.0)   56.0   (6.7)  
  Net non-recurring items after taxation (70.5)   (56.7)   (151.1)   (127.2)   (128.5)  
  Net earnings 1,266.8   1,100.4   899.9   2,367.2   1,215.6  
  Net earnings per share (cents) 175   153   128   328   172  
  Diluted earnings per share (cents) 174   151   125   325   169  
                       
  Headline earnings 1,270.1   1,101.4   1,039.1   2,371.5   1,331.1  
  Headline earnings per share (cents) 176   153   147   329   189  
  Diluted headline earnings per share (cents) 174   151   145   325   186  
  Net earnings excluding gains and losses on foreign exchange, financial instruments, non-recurring                    
  items and share of gain/(loss) of associates after royalties and taxation 1,326.4   1,151.7   945.4   2,478.1   1,265.5  
  Net earnings per share excluding gains and losses on foreign exchange, financial instruments,                    
  non-recurring items and share of gain/(loss) of associates after  royalties and taxation (cents) 184   160   134   344   179  
  Gold sold – managed      kg 29,371   28,775   30,623   58,146   58,028  
  Gold price received        R/kg 326,206   311,708   287,454   319,031   277,152  
  Total cash cost               R/kg 177,934   168,455   166,215   173,243   167,785