Operating and financial results

UNITED STATES DOLLARS		Total Mine Operations	South Africa Region
			Total	KDC	Beatrix	South Deep
			Total	KDC	Beatrix	South Deep
Operating Results
Ore milled/treated (000 tonnes)	September 2011	14,770	4,327	2,805	899	623
	June 2011	15,187	4,408	2,648	1,070	690
	Year to date	44,415	12,755	7,987	2,877	1,891
Yield (ounces per tonne)	September 2011	0.063	0.099	0.100	0.094	0.103
	June 2011	0.062	0.101	0.103	0.092	0.110
	Year to date	0.063	0.101	0.102	0.089	0.113
Gold produced (000 ounces)	September 2011	925.3	428.3	279.2	84.7	64.4
	June 2011	943.8	446.5	272.5	98.0	76.1
	Year to date	2,790.2	1,286.0	814.3	257.1	214.4
Gold sold (000 ounces)	September 2011	921.9	428.3	279.2	84.7	64.4
	June 2011	944.3	446.5	272.5	98.0	76.1
	Year to date	2,791.4	1,286.0	814.3	257.1	214.4
Gold price received (dollars per ounce)	September 2011	1,702	1,732	1,719	1,767	1,741
	June 2011	1,496	1,508	1,504	1,520	1,510
	Year to date	1,528	1,545	1,541	1,563	1,538
Total cash cost (dollars per ounce)	September 2011	851	1,040	1,003	1,041	1,199
	June 2011	816	1,010	1,033	935	1,027
	Year to date	806	1,001	986	998	1,061
Notional cash expenditure (dollars per ounce)	September 2011	1,209	1,456	1,302	1,325	2,296
	June 2011	1,155	1,401	1,332	1,170	1,949
	Year to date	1,147	1,391	1,271	1,268	1,996
Operating costs (dollars per tonne)	September 2011	52	103	99	99	125
	June 2011	51	103	107	86	114
	Year to date	51	102	101	90	122
Financial Results ($ million)
Revenue	September 2011	1,570.3	742.9	480.9	150.0	112.0
	June 2011	1,411.3	672.0	409.0	148.3	114.7
	Year to date	4,266.6	1,986.5	1,254.9	401.9	329.7
Net operating costs	September 2011	(766.1)	(443.8)	(276.7)	(89.1)	(78.0)
	June 2011	(754.9)	(452.6)	(282.0)	(92.0)	(78.6)
	Year to date	(2,220.0)	(1,295.1)	(805.3)	(259.8)	(230.0)
- Operating costs	September 2011	(772.5)	(443.8)	(276.7)	(89.1)	(78.0)
	June 2011	(773.5)	(452.6)	(282.0)	(92.0)	(78.6)
	Year to date	(2,256.5)	(1,295.1)	(805.3)	(259.8)	(230.0)
- Gold inventory change	September 2011	6.4	-	-	-	-
	June 2011	18.6	-	-	-	-
	Year to date	36.5	-	-	-	-
Operating profit	September 2011	804.2	299.1	204.2	60.9	34.0
	June 2011	656.4	219.4	127.0	56.3	36.1
	Year to date	2,046.6	691.4	449.6	142.1	99.7
Amortisation of mining assets	September 2011	(189.9)	(96.3)	(58.1)	(18.0)	(20.2)
	June 2011	(182.9)	(98.1)	(59.2)	(20.4)	(18.6)
	Year to date	(545.2)	(287.4)	(176.4)	(52.4)	(58.6)
Net operating profit	September 2011	614.3	202.8	146.1	42.9	13.9
	June 2011	473.5	121.3	67.9	35.9	17.5
	Year to date	1,501.4	404.0	273.2	89.7	41.2
Other expenses	September 2011	(24.9)	(9.6)	(5.3)	(1.7)	(2.6)
	June 2011	(23.2)	(10.2)	(6.2)	(1.6)	(2.4)
	Year to date	(66.2)	(28.7)	(16.9)	(4.8)	(7.0)
Profit before royalties and taxation	September 2011	589.4	193.2	140.8	41.2	11.3
	June 2011	450.4	111.1	61.7	34.3	15.1
	Year to date	1,435.2	375.3	256.3	84.9	34.2
Royalties, mining and income taxation	September 2011	(217.3)	(65.9)	(46.5)	(14.8)	(4.5)
	June 2011	(153.6)	(35.3)	(16.9)	(12.7)	(5.7)
	Year to date	(501.9)	(127.9)	(82.9)	(31.0)	(13.9)
- Normal taxation	September 2011	(117.8)	(24.5)	(24.5)	(0.1)	-
	June 2011	(66.2)	(0.5)	(0.5)	-	-
	Year to date	(266.0)	(31.2)	(31.1)	(0.2)	-
- Royalties	September 2011	(43.4)	(11.5)	(10.2)	(0.7)	(0.5)
	June 2011	(34.7)	(6.2)	(4.9)	(0.7)	(0.6)
	Year to date	(101.7)	(22.8)	(19.1)	(2.0)	(1.6)
- Deferred taxation	September 2011	(56.2)	(29.8)	(11.8)	(14.0)	(4.0)
	June 2011	(52.6)	(28.6)	(11.6)	(11.9)	(5.1)
	Year to date	(134.3)	(73.8)	(32.7)	(28.8)	(12.3)
Profit before non-recurring items	September 2011	372.0	127.4	94.2	26.4	6.8
	June 2011	296.8	75.8	44.7	21.6	9.4
	Year to date	933.2	247.5	173.3	53.9	20.3
Non-recurring items	September 2011	(18.4)	(16.0)	(13.0)	(1.8)	(1.3)
	June 2011	(14.6)	(6.0)	(3.5)	(0.9)	(1.6)
	Year to date	(44.6)	(27.9)	(19.2)	(4.4)	(4.4)
Net profit	September 2011	353.6	111.3	81.2	24.6	5.5
	June 2011	282.2	69.8	41.2	20.7	7.8
	Year to date	888.6	219.5	154.1	49.5	15.9
Net profit excluding gains and losses on foreign	September 2011	367.1	121.8	89.9	25.8	6.1
exchange, financial instruments and non-recurring	June 2011	294.7	73.6	43.5	21.3	8.8
items	Year to date	923.4	237.6	166.6	52.4	18.6
Capital Expenditure	September 2011	(345.8)	(179.7)	(86.8)	(23.1)	(69.8)
	June 2011	(315.3)	(172.0)	(80.1)	(22.5)	(69.4)
	Year to date	(942.6)	(494.2)	(229.7)	(66.4)	(198.1)

Average exchange rates were US$1 = R7.05 and US$1 = R6.78 for the September 2011 and June 2011 quarters respectively.
The Australian dollar exchange rates were A$1 = R7.44 and A$1 = R7.18 for the September 2011 and the June 2011 quarters respectively.