Operating and financial results

UNITED STATES DOLLARS		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	September 2011	6,825	5,597	1,228	1,674	1,944	1,682	262
(000 tonnes)	June 2011	7,155	5,883	1,272	1,717	1,907	1,676	231
	Year to date	21,033	17,283	3,750	4,973	5,654	4,977	677
Yield (ounces per tonne)	September 2011	0.034	0.032	0.044	0.056	0.087	0.068	0.205
	June 2011	0.033	0.031	0.044	0.059	0.083	0.065	0.218
	Year to date	0.034	0.032	0.045	0.061	0.086	0.069	0.210
Gold produced (000 ounces)	September 2011	234.4	180.0	54.3	93.9	168.7	115.0	53.7
	June 2011	237.2	180.8	56.3	101.0	159.1	108.7	50.4
	Year to date	715.0	546.9	168.1	303.1	486.2	344.1	142.0
Gold sold (000 ounces)	September 2011	234.4	180.0	54.3	90.5	168.7	115.0	53.7
	June 2011	237.2	180.8	56.3	101.5	159.1	108.7	50.4
	Year to date	715.0	546.9	168.1	304.2	486.2	344.1	142.0
Gold price received	September 2011	1,711	1,711	1,714	1,481	1,729	1,715	1,758
(dollars per ounce)	June 2011	1,511	1,511	1,511	1,398	1,504	1,500	1,512
	Year to date	1,533	1,533	1,532	1,419	1,547	1,535	1,576
Total cash cost	September 2011	617	606	651	494	891	978	704
(dollars per ounce)	June 2011	564	534	660	408	909	1,015	679
	Year to date	566	534	671	426	879	949	709
Notional cash expenditure	September 2011	924	869	1,107	615	1,307	1,401	1,105
(dollars per ounce)	June 2011	885	889	876	526	1,265	1,371	1,037
	Year to date	916	867	1,047	557	1,205	1,251	1,095
Operating costs	September 2011	21	20	28	25	74	63	145
(dollars per tonne)	June 2011	20	18	26	22	75	65	147
	Year to date	20	19	28	24	73	63	149
Financial Results ($ million)
Revenue	September 2011	401.5	308.3	93.2	133.5	292.3	197.5	94.8
	June 2011	358.1	273.0	85.0	142.2	239.0	163.1	75.9
	Year to date	1,096.1	838.5	257.6	431.8	752.1	528.3	223.8
Net operating costs	September 2011	(132.1)	(101.9)	(30.3)	(40.9)	(149.3)	(112.2)	(37.1)
	June 2011	(121.7)	(87.8)	(33.9)	(38.2)	(142.5)	(109.1)	(33.4)
	Year to date	(375.6)	(272.2)	(103.5)	(122.8)	(426.5)	(326.7)	(99.8)
- Operating costs	September 2011	(143.1)	(109.3)	(33.8)	(41.0)	(144.6)	(106.6)	(37.9)
	June 2011	(141.2)	(108.4)	(32.8)	(37.6)	(142.1)	(108.2)	(33.9)
	Year to date	(429.2)	(323.1)	(106.1)	(119.9)	(412.3)	(311.5)	(100.7)
- Gold inventory change	September 2011	11.0	7.5	3.5	0.1	(4.7)	(5.5)	0.9
	June 2011	19.5	20.7	(1.1)	(0.6)	(0.4)	(0.9)	0.5
	Year to date	53.6	51.0	2.6	(2.9)	(14.2)	(15.1)	1.0
Operating profit	September 2011	269.4	206.4	63.0	92.6	143.0	85.3	57.7
	June 2011	236.4	185.3	51.1	104.0	96.5	54.0	42.6
	Year to date	720.5	566.3	154.2	309.0	325.6	201.6	124.0
Amortisation of mining	September 2011	(35.3)	(26.7)	(8.6)	(14.6)	(43.7)
Assets	June 2011	(31.2)	(25.8)	(5.5)	(15.1)	(38.4)
	Year to date	(98.5)	(78.4)	(20.1)	(43.6)	(115.7)
Net operating profit	September 2011	234.1	179.7	54.4	78.0	99.3
	June 2011	205.1	159.5	45.6	88.8	58.2
	Year to date	622.0	487.9	134.1	265.4	209.9
Other expenses	September 2011	(5.6)	(3.9)	(1.8)	(7.1)	(2.6)
	June 2011	(8.2)	(5.8)	(2.4)	(3.3)	(1.5)
	Year to date	(18.2)	(12.8)	(5.5)	(13.8)	(5.5)
Profit before royalties and	September 2011	228.5	175.9	52.6	71.0	96.7
taxation	June 2011	196.9	153.7	43.2	85.6	56.7
	Year to date	603.8	475.2	128.6	251.7	204.4
Royalties, mining and	September 2011	(84.5)	(66.0)	(18.5)	(32.6)	(34.3)
income taxation	June 2011	(67.5)	(53.0)	(14.5)	(29.9)	(20.9)
	Year to date	(211.4)	(167.1)	(44.3)	(88.5)	(74.1)
- Normal taxation	September 2011	(61.0)	(49.5)	(11.5)	(32.3)	-
	June 2011	(38.4)	(31.0)	(7.4)	(27.4)	-
	Year to date	(145.3)	(122.4)	(22.9)	(89.5)	-
- Royalties	September 2011	(20.1)	(15.4)	(4.7)	(4.4)	(7.4)
	June 2011	(17.9)	(13.6)	(4.2)	(4.5)	(6.1)
	Year to date	(48.1)	(36.8)	(11.3)	(11.7)	(19.1)
- Deferred taxation	September 2011	(3.5)	(1.1)	(2.3)	4.0	(26.9)
	June 2011	(11.2)	(8.3)	(2.9)	1.9	(14.8)
	Year to date	(18.1)	(7.9)	(10.1)	12.6	(55.0)
Profit before	September 2011	143.9	109.9	34.1	38.3	62.4
non-recurring items	June 2011	129.4	100.7	28.7	55.7	35.8
	Year to date	392.3	308.1	84.3	163.1	130.3
Non-recurring items	September 2011	(2.3)	(0.6)	(1.7)	-	-
	June 2011	(6.2)	(1.3)	(4.9)	-	(2.4)
	Year to date	(12.2)	(5.3)	(6.9)	(0.2)	(4.2)
Net profit	September 2011	141.6	109.3	32.3	38.3	62.3
	June 2011	123.2	99.4	23.8	55.7	33.4
	Year to date	380.1	302.8	77.3	162.9	162.0
Net profit excluding gains and	September 2011	143.6	110.0	33.7	38.9	62.8
losses on foreign exchange,	June 2011	129.8	101.7	28.1	55.7	35.5
financial instruments and non-recurring items	Year to date	391.8	308.3	83.6	163.6	130.4
Capital Expenditure	September 2011	(73.2)	(46.9)	(26.3)	(16.7)	(76.2)	(54.8)	(21.4)
	June 2011	(69.1)	(52.3)	(16.8)	(15.6)	(58.6)	(40.3)	(18.3)
	Year to date	(225.8)	(155.9)	(69.9)	(49.0)	(173.6)	(118.9)	(54.7)

# 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.