Operating and financial results

AUSTRALIAN DOLLARS		AUSTRALIAN DOLLARS
		Australasia Region ^#
		Total	St Ives	Agnew
Operating results
Ore milled/treated	September 2011	1,944	1,682	262
(000 tonnes)	June 2011	1,907	1,676	231
	Year to date	5,654	4,977	677
Yield (ounces per tonne)	September 2011	0.087	0.068	0.205
	June 2011	0.083	0.065	0.218
	Year to date	0.086	0.069	0.210
Gold produced (000 ounces)	September 2011	168.7	115.0	53.7
	June 2011	159.1	108.7	50.4
	Year to date	486.2	344.1	142.0
Gold sold (000 ounces)	September 2011	168.7	115.0	53.7
	June 2011	159.1	108.7	50.4
	Year to date	486.2	344.1	142.0
Gold price received	September 2011	1,638	1,625	1,666
(dollars per ounce)	June 2011	1,420	1,417	1,428
	Year to date	1,489	1,478	1,517
Total cash cost	September 2011	844	927	667
(dollars per ounce)	June 2011	858	959	641
	Year to date	846	913	683
Notional cash expenditure	September 2011	1,238	1,328	1,047
(dollars per ounce)	June 2011	1,195	1,295	979
	Year to date	1,160	1,204	1,054
Operating costs	September 2011	70	60	137
(dollars per tonne)	June 2011	70	61	139
	Year to date	70	60	143
Financial Results ($ million)
Revenue	September 2011	277.7	187.5	90.2
	June 2011	226.0	153.8	72.3
	Year to date	723.9	508.5	215.4
Net operating costs	September 2011	(141.6)	(106.3)	(35.3)
	June 2011	(134.7)	(103.1)	(31.6)
	Year to date	(410.5)	(314.4)	(96.1)
- Operating costs	September 2011	(137.1)	(101.1)	(36.1)
	June 2011	(134.5)	(102.4)	(32.1)
	Year to date	(396.8)	(299.9)	(97.0)
- Gold inventory change	September 2011	(4.5)	(5.3)	0.8
	June 2011	(0.2)	(0.6)	0.5
	Year to date	(13.7)	(14.6)	0.9
Operating profit	September 2011	136.2	81.2	55.0
	June 2011	91.4	50.7	40.7
	Year to date	313.5	194.1	119.4
Amortisation of mining assets	September 2011	(41.6)
	June 2011	(36.3)
	Year to date	(111.4)
Net operating profit	September 2011	94.6
	June 2011	55.0
	Year to date	202.1
Other expenses	September 2011	(2.5)
	June 2011	(1.4)
	Year to date	(5.3)
Profit before royalties and	September 2011	92.1
taxation	June 2011	53.6
	Year to date	196.8
Royalties, mining and	September 2011	(32.8)
income taxation	June 2011	(19.8)
	Year to date	(71.4)
- Normal taxation	September 2011	-
	June 2011	-
	Year to date	-
- Royalties	September 2011	(7.0)
	June 2011	(5.8)
	Year to date	(18.4)
- Deferred taxation	September 2011	(25.8)
	June 2011	(14.0)
	Year to date	(53.0)
Profit before	September 2011	59.3
non-recurring items	June 2011	33.9
	Year to date	125.4
Non-recurring items	September 2011	(0.1)
	June 2011	(2.2)
	Year to date	(4.1)
Net profit	September 2011	59.2
	June 2011	31.6
	Year to date	121.3
Net profit excluding gains and	September 2011	59.9
losses on foreign exchange,	June 2011	33.6
financial instruments and non-recurring items	Year to date	125.5
Capital Expenditure	September 2011	(72.6)	(52.2)	(20.4)
	June 2011	(55.9)	(38.5)	(17.4)
	Year to date	(167.1)	(114.4)	(52.7)

# As a significant portion of the acquisition price was allocated to tenements of St Ives and Agnew 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.
Figures may not add as they are rounded independently.