Operating and financial results

Unites 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	June 2012	6,826	5,893	933	1,668	2,016	1,761	255
(000 tonnes)	March 2012	7,233	6,013	1,220	1,676	1,997	1,773	224
	Year to date	14,059	11,906	2,153	3,344	4,013	3,534	479
Yield (ounces per tonne)	June 2012	0.031	0.030	0.041	0.051	0.074	0.063	0.146
	March 2012	0.032	0.031	0.036	0.046	0.079	0.068	0.165
	Year to date	0.032	0.030	0.038	0.048	0.076	0.066	0.155
Gold produced (000 ounces)	June 2012	214.5	176.3	38.2	84.9	148.4	111.2	37.2
	March 2012	229.7	185.3	44.3	76.5	157.3	120.3	37.0
	Year to date	444.2	361.7	82.5	161.4	305.7	231.5	74.2
Gold sold (000 ounces)	June 2012	214.5	176.3	38.2	81.2	148.4	111.2	37.2
	March 2012	229.7	185.3	44.3	84.5	157.3	120.3	37.0
	Year to date	444.2	361.7	82.5	165.7	305.7	231.5	74.2
Gold price received	June 2012	1,616	1,617	1,614	1,371	1,620	1,622	1,615
(dollars per ounce)	March 2012	1,680	1,678	1,688	1,686	1,681	1,684	1,671
	Year to date	1,647	1,646	1,650	1,527	1,649	1,651	1,642
Total cash cost	June 2012	722	663	995	482	922	920	928
(dollars per ounce)	March 2012	642	595	838	534	925	908	979
	Year to date	681	628	910	508	922	912	952
Notional cash expenditure	June 2012	1,169	1,033	1,799	708	1,567	1,581	1,526
(dollars per ounce)	March 2012	1,027	916	1,490	745	1,324	1,310	1,369
	Year to date	1,095	973	1,633	725	1,442	1,441	1,448
Operating costs	June 2012	24	21	43	24	67	57	138
(dollars per tonne)	March 2012	22	20	32	24	72	60	173
	Year to date	23	21	37	24	70	58	154
Financial Results ($ million)
Revenue	June 2012	345.6	284.3	61.3	110.5	239.6	179.7	59.9
	March 2012	385.9	311.1	74.8	142.5	264.5	202.7	61.8
	Year to date	731.5	595.4	136.1	253.0	504.2	382.4	121.8
Net operating costs	June 2012	(151.9)	(113.7)	(38.2)	(34.7)	(138.8)	(103.6)	(35.2)
	March 2012	(142.1)	(106.1)	(35.9)	(43.9)	(149.3)	(111.6)	(37.7)
	Year to date	(294.0)	(219.8)	(74.1)	(78.6)	(288.1)	(215.2)	(72.9)
- Operating costs	June 2012	(162.1)	(122.4)	(39.6)	(39.6)	(135.4)	(100.3)	(35.1)
	March 2012	(161.3)	(122.3)	(39.0)	(40.0)	(144.8)	(106.0)	(38.8)
	Year to date	(323.3)	(244.7)	(78.6)	(79.6)	(280.2)	(206.3)	(73.9)
- Gold inventory change	June 2012	10.2	8.7	1.4	4.9	(3.4)	(3.3)	(0.1)
	March 2012	19.2	16.2	3.0	(3.9)	(4.5)	(5.7)	1.2
	Year to date	29.4	24.9	4.5	1.0	(7.9)	(8.9)	1.0
Operating profit	June 2012	193.7	170.6	23.1	75.8	100.9	76.1	24.7
	March 2012	243.9	205.0	38.9	98.6	115.2	91.0	24.2
	Year to date	437.5	375.5	62.0	174.4	216.1	167.2	48.9
Amortisation of mining assets	June 2012	(35.6)	(29.0)	(6.6)	(11.3)	(45.4)
	March 2012	(38.1)	(30.7)	(7.4)	(12.9)	(50.5)
	Year to date	(73.7)	(59.7)	(14.0)	(24.2)	(95.8)
Net operating profit	June 2012	158.1	141.6	16.4	64.5	55.5
	March 2012	205.8	174.2	31.5	85.7	64.7
	Year to date	363.8	315.8	48.0	150.2	120.2
Other expenses	June 2012	(8.6)	(6.4)	(2.2)	(7.3)	(2.5)
	March 2012	(7.3)	(5.2)	(2.1)	0.2	(0.1)
	Year to date	(15.9)	(11.6)	(4.3)	(7.1)	(2.5)
Profit before royalties and	June 2012	149.5	135.3	14.2	57.2	53.0
taxation	March 2012	198.4	169.0	29.4	85.9	64.7
	Year to date	347.9	304.2	43.7	143.1	117.7
Royalties, mining and income taxation	June 2012	(63.6)	(56.6)	(7.0)	(9.7)	(19.8)
	March 2012	(162.1)	(140.5)	(21.6)	(34.5)	(24.5)
	Year to date	(225.7)	(197.1)	(28.6)	(44.2)	(44.3)
- Normal taxation	June 2012	(40.3)	(39.3)	(1.1)	(17.0)	-
	March 2012	(46.2)	(41.3)	(4.9)	(25.5)	-
	Year to date	(86.5)	(80.6)	(6.0)	(42.5)	-
- Royalties	June 2012	(17.3)	(14.2)	(3.1)	(4.1)	(5.5)
	March 2012	(19.3)	(15.6)	(3.7)	(2.9)	(6.7)
	Year to date	(36.6)	(29.8)	(6.8)	(7.0)	(12.2)
- Deferred taxation	June 2012	(6.0)	(3.2)	(2.9)	11.4	(14.3)
	March 2012	(96.6)	(83.6)	(13.0)	(6.1)	(17.8)
	Year to date	(102.6)	(86.8)	(15.9)	5.3	(32.1)
Profit before	June 2012	85.8	78.6	7.2	47.5	33.2
non-recurring items	March 2012	36.3	28.5	7.8	51.4	40.2
	Year to date	122.2	107.1	15.0	98.9	73.4
Non-recurring items	June 2012	(1.3)	(0.2)	(1.1)	-	(0.7)
	March 2012	(1.2)	-	(1.2)	(0.9)	-
	Year to date	(2.5)	(0.2)	(2.3)	(0.8)	(0.7)
Net profit	June 2012	84.5	78.4	6.1	47.5	32.4
	March 2012	35.2	28.5	6.6	50.5	40.3
	Year to date	119.6	106.9	12.7	98.0	72.7
Normalised earnings - net earnings excluding	June 2012	88.2	80.7	7.5	50.6	32.4
gains and losses on foreign exchange, financial	March 2012	37.6	29.8	7.8	49.8	40.3
instruments, non-recurring items and share of	Year to date	125.7	110.5	15.3	100.4	72.7
results of associates after royalties and taxation	Year to date	125.7	110.5	15.3	100.4	72.7
Capital expenditure	June 2012	(88.7)	(59.7)	(29.0)	(20.5)	(97.2)	(75.6)	(21.7)
	March 2012	(74.5)	(47.4)	(27.1)	(16.9)	(63.6)	(51.7)	(11.8)
	Year to date	(163.3)	(107.2)	(56.1)	(37.5)	(160.8)	(127.3)	(33.5)

# 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.