Operating and financial results

  SOUTH AFRICAN RAND       West Africa Region     South
America
Region
    Australasia Region#  
          Ghana     Peru     Australia  
          Total   Tarkwa   Damang     Cerro
Corona
    Total   St Ives   Agnew  
  Operating Results                                      
  Ore milled/treated (000 tonnes)   June 2011   7,155   5,883   1,272     1,717     1,907   1,676   231  
      March 2011   7,053   5,803   1,250     1,582     1,803   1,619   184  
      Year to date   14,208   11,686   2,522     3,299     3,710   3,295   415  
  Yield (grams per tonne)   June 2011   1.0   1.0   1.4     1.8     2.6   2.0   6.8  
      March 2011   1.1   1.0   1.4     2.1     2.7   2.3   6.4  
      Year to date   1.1   1.0   1.4     2.0     2.7   2.2   6.6  
  Gold produced (kilograms)   June 2011   7,377   5,625   1,752     3,143     4,948   3,379   1,569  
      March 2011   7,574   5,787   1,787     3,362     4,926   3,747   1,179  
      Year to date   14,951   11,412   3,539     6,505     9,874   7,126   2,748  
  Gold sold (kilograms)   June 2011   7,377   5,625   1,752     3,157     4,948   3,379   1,569  
      March 2011   7,574   5,787   1,787     3,491     4,926   3,747   1,179  
      Year to date   14,951   11,412   3,539     6,648     9,874   7,126   2,748  
  Gold price received (Rand per kilogram)   June 2011   329,375   329,387   329,338     304,846     327,890   327,079   329,637  
      March 2011   310,180   310,161   310,241     312,088     312,850   312,410   314,249  
      Year to date   319,651   319,637   319,695     308,649     320,387   319,366   323,035  
  Total cash cost (Rand per kilogram)   June 2011   122,841   116,302   143,836     88,882     198,080   221,367   147,929  
      March 2011   116,887   104,234   157,862     86,823     188,023   193,541   170,483  
      Year to date   119,825   110,182   150,918     87,801     193,063   206,736   157,606  
  Notional cash expenditure (Rand per kilogram)   June 2011   193,019   193,689   190,868     114,604     275,788   298,935   225,940  
      March 2011   210,496   195,542   258,926     120,494     232,887   224,393   259,881  
      Year to date   201,873   194,628   225,233     117,648     254,385   259,739   240,502  
  Operating costs (Rand per tonne)   June 2011   134   125   174     148     506   438   996  
      March 2011   143   127   221     182     486   417   1,097  
      Year to date   139   126   197     165     496   428   1,041  
  Financial Results (Rand million)                                      
  Revenue   June 2011   2,429.8   1,852.8   577.0     962.4     1,622.4   1,105.2   517.2  
      March 2011   2,349.3   1,794.9   554.4     1,089.5     1,541.1   1,170.6   370.5  
      Year to date   4,779.1   3,647.7   1,131.4     2,051.9     3,163.5   2,275.8   887.7  
  Net operating costs   June 2011   (825.0)   (595.6)   (229.4)     (258.3)     (966.9)   (740.2)   (226.7)  
      March 2011   (850.8)   (576.4)   (274.4)     (305.0)     (939.9)   (735.6)   (204.3)  
      Year to date   (1,675.8)   (1,172.0)   (503.8)     (563.3)     (1,906.8)   (1,475.8)   (431.0)  
    - Operating costs   June 2011   (957.0)   (735.5)   (221.5)     (254.7)     (965.0)   (734.9)   (230.1)  
      March 2011   (1,011.4)   (735.7)   (275.7)     (288.1)     (876.8)   (675.0)   (201.8)  
      Year to date   (1,968.4)   (1,471.2)   (497.2)     (542.8)     (1,841.8)   (1,409.9)   (431.9)  
    - Gold inventory change   June 2011   132.0   139.9   (7.9)     (3.6)     (1.9)   (5.3)   3.4  
      March 2011   160.6   159.3   1.3     (16.9)     (63.1)   (60.6)   (2.5)  
      Year to date   292.6   299.2   (6.6)     (20.5)     (65.0)   (65.9)   0.9  
  Operating profit   June 2011   1,604.8   1,257.2   347.6     704.1     655.5   365.0   290.5  
      March 2011   1,498.5   1,218.5   280.0     784.5     601.2   435.0   166.2  
      Year to date   3,103.3   2,475.7   627.6     1,488.6     1,256.7   800.0   456.7  
  Amortisation of mining assets   June 2011   (211.8)   (174.6)   (37.2)     (102.7)     (260.6)          
      March 2011   (222.4)   (180.6)   (41.8)     (97.3)     (234.6)          
      Year to date   (434.2)   (355.2)   (79.0)     (200.0)     (495.2)          
  Net operating profit   June 2011   1,393.0   1,082.6   310.4     601.4     394.9          
      March 2011   1,276.1   1,037.9   238.2     687.2     366.6          
      Year to date   2,669.1   2,120.5   548.6     1,288.6     761.5          
  Other expenses   June 2011   (56.0)   (39.6)   (16.4)     (22.2)     (10.1)          
      March 2011   (30.9)   (21.8)   (9.1)     (23.4)     (10.1)          
      Year to date   (86.9)   (61.4)   (25.5)     (45.6)     (20.2)          
  Profit  before royalties and taxation   June 2011   1,337.0   1,043.0   294.0     579.2     384.8          
      March 2011   1,245.2   1,016.1   229.1     663.8     356.5          
      Year to date   2,582.2   2,059.1   523.1     1,243.0     741.3          
  Royalties, mining and income taxation   June 2011   (458.6)   (359.9)   (98.7)     (202.9)     (141.8)          
      March 2011   (414.1)   (335.2)   (78.9)     (181.8)     (131.5)          
      Year to date   (872.7)   (695.1)   (177.6)     (384.7)     (273.3)          
    - Normal taxation   June 2011   (259.7)   (209.4)   (50.3)     (185.2)     -          
      March 2011   (320.2)   (291.9)   (28.3)     (208.3)     -          
      Year to date   (579.9)   (501.3)   (78.6)     (393.5)     -          
    - Royalties   June 2011   (122.1)   (93.1)   (29.0)     (30.4)     (41.6)          
      March 2011   (70.5)   (53.9)   (16.6)     (19.9)     (38.9)          
      Year to date   (192.6)   (147.0)   (45.6)     (50.3)     (80.5)          
    - Deferred taxation   June 2011   (76.8)   (57.4)   (19.4)     12.7     (100.2)          
      March 2011   (23.4)   10.6   (34.0)     46.4     (92.6)          
      Year to date   (100.2)   (46.8)   (53.4)     59.1     (192.8)          
  Profit  before non-recurring items   June 2011   878.4   683.1   195.3     376.3     243.0          
      March 2011   831.1   680.9   150.2     482.0     225.0          
      Year to date   1,709.5   1,364.0   345.5     858.3     468.0          
  Non-recurring items   June 2011   (42.3)   (8.5)   (33.8)     (0.2)     (16.0)          
      March 2011   (26.0)   (23.9)   (2.1)     (1.3)     (12.9)          
      Year to date   (68.3)   (32.4)   (35.9)     (1.5)     (28.9)          
  Net profit   June 2011   836.1   674.6   161.5     376.1     227.0          
      March 2011   805.1   657.0   148.1     480.7     212.1          
      Year to date   1,641.2   1,331.6   309.6     856.8     439.1          
  Net profit excluding gains and losses on   June 2011   881.5   690.2   191.3     376.3     241.1          
  foreign exchange, financial instruments   March 2011   826.0   674.0   152.0     481.6     224.2          
  and non-recurring items   Year to date   1,707.5   1,364.2   343.3     857.9     465.3          
  Capital Expenditure   June 2011   (466.9)   (354.0)   (112.9)     (105.5)     (399.6)   (275.2)   (124.4)  
      March 2011   (582.9)   (395.9)   (187.0)     (117.0)     (270.4)   (165.8)   (104.6)  
      Year to date   (1,049.8)   (749.9)   (299.9)     (222.5)     (670.0)   (441.0)   (229.0)  

# As a significant portion of the acquisition price was allocated to tenements of St Ives and Agnew based on endowment ounces and also as these two Australian operations are entitled to transfer and then off-set tax losses from one company to another, it is not meaningful to split the income statement below operating profit.