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 |
September 2012 |
|
|
6,244 |
|
5,151 |
|
1,093 |
|
|
1,569 |
|
|
2,118 |
|
1,853 |
|
265 |
|
|
(000 tonnes) |
June 2012 |
|
|
6,826 |
|
5,893 |
|
933 |
|
|
1,668 |
|
|
2,016 |
|
1,761 |
|
255 |
|
|
|
Year to date |
|
|
20,303 |
|
17,057 |
|
3,246 |
|
|
4,913 |
|
|
6,131 |
|
5,387 |
|
744 |
|
|
Yield (ounces per tonne) |
September 2012 |
|
|
0.034 |
|
0.033 |
|
0.037 |
|
|
0.053 |
|
|
0.073 |
|
0.058 |
|
0.179 |
|
|
|
June 2012 |
|
|
0.031 |
|
0.030 |
|
0.041 |
|
|
0.051 |
|
|
0.074 |
|
0.063 |
|
0.146 |
|
|
|
Year to date |
|
|
0.032 |
|
0.031 |
|
0.038 |
|
|
0.050 |
|
|
0.075 |
|
0.063 |
|
0.164 |
|
|
Gold produced (000 ounces) |
September 2012 |
|
|
209.3 |
|
169.4 |
|
39.9 |
|
|
82.7 |
|
|
154.2 |
|
106.6 |
|
47.6 |
|
|
|
June 2012 |
|
|
214.5 |
|
176.3 |
|
38.2 |
|
|
84.9 |
|
|
148.4 |
|
111.2 |
|
37.2 |
|
|
|
Year to date |
|
|
653.5 |
|
531.1 |
|
122.4 |
|
|
244.2 |
|
|
459.9 |
|
338.2 |
|
121.7 |
|
|
Gold sold (000 ounces) |
September 2012 |
|
|
209.3 |
|
169.4 |
|
39.9 |
|
|
82.7 |
|
|
154.2 |
|
106.6 |
|
47.6 |
|
|
|
June 2012 |
|
|
214.5 |
|
176.3 |
|
38.2 |
|
|
81.2 |
|
|
148.4 |
|
111.2 |
|
37.2 |
|
|
|
Year to date |
|
|
653.5 |
|
531.1 |
|
122.4 |
|
|
248.4 |
|
|
459.9 |
|
338.2 |
|
121.7 |
|
|
Gold price received |
September 2012 |
|
|
1,655 |
|
1,656 |
|
1,651 |
|
|
1,732 |
|
|
1,648 |
|
1,656 |
|
1,632 |
|
|
(dollars per ounce) |
June 2012 |
|
|
1,616 |
|
1,617 |
|
1,614 |
|
|
1,371 |
|
|
1,620 |
|
1,622 |
|
1,615 |
|
|
|
Year to date |
|
|
1,649 |
|
1,649 |
|
1,650 |
|
|
1,598 |
|
|
1,650 |
|
1,652 |
|
1,642 |
|
|
Total cash cost |
September 2012 |
|
|
754 |
|
705 |
|
964 |
|
|
474 |
|
|
870 |
|
922 |
|
754 |
|
|
(dollars per ounce) |
June 2012 |
|
|
722 |
|
663 |
|
995 |
|
|
482 |
|
|
922 |
|
920 |
|
928 |
|
|
|
Year to date |
|
|
705 |
|
653 |
|
928 |
|
|
496 |
|
|
905 |
|
915 |
|
875 |
|
|
Notional cash expenditure |
September 2012 |
|
|
1,234 |
|
1,122 |
|
1,709 |
|
|
829 |
|
|
1,644 |
|
1,879 |
|
1,117 |
|
|
(dollars per ounce) |
June 2012 |
|
|
1,169 |
|
1,033 |
|
1,799 |
|
|
708 |
|
|
1,567 |
|
1,581 |
|
1,526 |
|
|
|
Year to date |
|
|
1,141 |
|
1,022 |
|
1,659 |
|
|
762 |
|
|
1,513 |
|
1,582 |
|
1,319 |
|
|
Operating costs |
September 2012 |
|
|
25 |
|
23 |
|
35 |
|
|
28 |
|
|
65 |
|
54 |
|
144 |
|
|
(dollars per tonne) |
June 2012 |
|
|
24 |
|
21 |
|
43 |
|
|
24 |
|
|
67 |
|
57 |
|
138 |
|
|
|
Year to date |
|
|
24 |
|
21 |
|
36 |
|
|
25 |
|
|
68 |
|
57 |
|
151 |
|
|
Financial Results ($ million) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue |
September 2012 |
|
|
346.4 |
|
280.4 |
|
66.0 |
|
|
143.9 |
|
|
254.6 |
|
176.3 |
|
78.2 |
|
|
|
June 2012 |
|
|
345.6 |
|
284.3 |
|
61.3 |
|
|
110.5 |
|
|
239.6 |
|
179.7 |
|
59.9 |
|
|
|
Year to date |
|
|
1,077.9 |
|
875.8 |
|
202.1 |
|
|
396.9 |
|
|
758.7 |
|
558.7 |
|
199.9 |
|
|
Net operating costs |
September 2012 |
|
|
(154.6) |
|
(116.6) |
|
(38.0) |
|
|
(36.6) |
|
|
(135.8) |
|
(99.5) |
|
(36.3) |
|
|
|
June 2012 |
|
|
(151.9) |
|
(113.7) |
|
(38.2) |
|
|
(34.7) |
|
|
(138.8) |
|
(103.6) |
|
(35.2) |
|
|
|
Year to date |
|
|
(448.6) |
|
(336.5) |
|
(112.1) |
|
|
(115.2) |
|
|
(423.9) |
|
(314.7) |
|
(109.2) |
|
|
- Operating costs |
September 2012 |
|
|
(157.9) |
|
(119.7) |
|
(38.2) |
|
|
(43.8) |
|
|
(137.7) |
|
(99.5) |
|
(38.2) |
|
|
|
June 2012 |
|
|
(162.1) |
|
(122.4) |
|
(39.6) |
|
|
(39.6) |
|
|
(135.4) |
|
(100.3) |
|
(35.1) |
|
|
|
Year to date |
|
|
(481.3) |
|
(364.5) |
|
(116.8) |
|
|
(123.4) |
|
|
(417.9) |
|
(305.8) |
|
(112.1) |
|
|
- Gold inventory change |
September 2012 |
|
|
3.3 |
|
3.1 |
|
0.2 |
|
|
7.3 |
|
|
1.9 |
|
- |
|
1.9 |
|
|
|
June 2012 |
|
|
10.2 |
|
8.7 |
|
1.4 |
|
|
4.9 |
|
|
(3.4) |
|
(3.3) |
|
(0.1) |
|
|
|
Year to date |
|
|
32.7 |
|
28.0 |
|
4.7 |
|
|
8.3 |
|
|
(6.0) |
|
(8.9) |
|
2.9 |
|
|
Operating profit |
September 2012 |
|
|
191.8 |
|
163.8 |
|
27.9 |
|
|
107.3 |
|
|
118.8 |
|
76.9 |
|
41.9 |
|
|
|
June 2012 |
|
|
193.7 |
|
170.6 |
|
23.1 |
|
|
75.8 |
|
|
100.9 |
|
76.1 |
|
24.7 |
|
|
|
Year to date |
|
|
629.3 |
|
539.3 |
|
89.9 |
|
|
281.7 |
|
|
334.8 |
|
244.1 |
|
90.7 |
|
|
Amortisation of mining assets |
September 2012 |
|
|
(38.4) |
|
(30.8) |
|
(7.5) |
|
|
(10.6) |
|
|
(48.7) |
|
|
|
|
|
|
|
June 2012 |
|
|
(35.6) |
|
(29.0) |
|
(6.6) |
|
|
(11.3) |
|
|
(45.4) |
|
|
|
|
|
|
|
Year to date |
|
|
(112.1) |
|
(90.5) |
|
(21.5) |
|
|
(34.8) |
|
|
(144.6) |
|
|
|
|
|
|
Net operating profit |
September 2012 |
|
|
153.4 |
|
133.0 |
|
20.4 |
|
|
96.6 |
|
|
70.0 |
|
|
|
|
|
|
|
June 2012 |
|
|
158.1 |
|
141.6 |
|
16.4 |
|
|
64.5 |
|
|
55.5 |
|
|
|
|
|
|
|
Year to date |
|
|
517.2 |
|
448.8 |
|
68.4 |
|
|
246.9 |
|
|
190.1 |
|
|
|
|
|
|
Other expenses |
September 2012 |
|
|
(4.9) |
|
(2.6) |
|
(2.3) |
|
|
(6.9) |
|
|
(4.5) |
|
|
|
|
|
|
|
June 2012 |
|
|
(8.6) |
|
(6.4) |
|
(2.2) |
|
|
(7.3) |
|
|
(2.5) |
|
|
|
|
|
|
|
Year to date |
|
|
(20.8) |
|
(14.2) |
|
(6.6) |
|
|
(14.0) |
|
|
(7.0) |
|
|
|
|
|
|
Profit before royalties and |
September 2012 |
|
|
148.5 |
|
130.4 |
|
18.1 |
|
|
89.7 |
|
|
65.6 |
|
|
|
|
|
|
taxation |
June 2012 |
|
|
149.5 |
|
135.3 |
|
14.2 |
|
|
57.2 |
|
|
53.0 |
|
|
|
|
|
|
|
Year to date |
|
|
496.4 |
|
434.6 |
|
61.8 |
|
|
232.8 |
|
|
183.2 |
|
|
|
|
|
|
Royalties, mining and income taxation |
September 2012 |
|
|
(59.6) |
|
(53.9) |
|
(5.7) |
|
|
(32.0) |
|
|
(24.0) |
|
|
|
|
|
|
|
June 2012 |
|
|
(63.6) |
|
(56.6) |
|
(7.0) |
|
|
(9.7) |
|
|
(19.8) |
|
|
|
|
|
|
|
Year to date |
|
|
(285.5) |
|
(251.1) |
|
(34.4) |
|
|
(76.2) |
|
|
(68.3) |
|
|
|
|
|
|
- Normal taxation |
September 2012 |
|
|
(32.7) |
|
(36.9) |
|
4.2 |
|
|
(27.7) |
|
|
- |
|
|
|
|
|
|
|
June 2012 |
|
|
(40.3) |
|
(39.3) |
|
(1.1) |
|
|
(17.0) |
|
|
- |
|
|
|
|
|
|
|
Year to date |
|
|
(119.3) |
|
(117.5) |
|
(1.8) |
|
|
(70.2) |
|
|
- |
|
|
|
|
|
|
- Royalties |
September 2012 |
|
|
(17.3) |
|
(14.0) |
|
(3.3) |
|
|
(2.9) |
|
|
(6.5) |
|
|
|
|
|
|
|
June 2012 |
|
|
(17.3) |
|
(14.2) |
|
(3.1) |
|
|
(4.1) |
|
|
(5.5) |
|
|
|
|
|
|
|
Year to date |
|
|
(53.9) |
|
(43.8) |
|
(10.1) |
|
|
(9.9) |
|
|
(18.7) |
|
|
|
|
|
|
- Deferred taxation |
September 2012 |
|
|
(9.6) |
|
(3.0) |
|
(6.6) |
|
|
(1.4) |
|
|
(17.5) |
|
|
|
|
|
|
|
June 2012 |
|
|
(6.0) |
|
(3.2) |
|
(2.9) |
|
|
11.4 |
|
|
(14.3) |
|
|
|
|
|
|
|
Year to date |
|
|
(112.3) |
|
(89.8) |
|
(22.5) |
|
|
3.9 |
|
|
(49.6) |
|
|
|
|
|
|
Profit before |
September 2012 |
|
|
88.9 |
|
76.5 |
|
12.4 |
|
|
57.7 |
|
|
(41.6) |
|
|
|
|
|
|
non-recurring items |
June 2012 |
|
|
85.8 |
|
78.6 |
|
7.2 |
|
|
47.5 |
|
|
33.2 |
|
|
|
|
|
|
|
Year to date |
|
|
210.9 |
|
183.5 |
|
27.4 |
|
|
156.6 |
|
|
114.9 |
|
|
|
|
|
|
Non-recurring items |
September 2012 |
|
|
(4.3) |
|
(1.0) |
|
(3.3) |
|
|
- |
|
|
(1.9) |
|
|
|
|
|
|
|
June 2012 |
|
|
(1.3) |
|
(0.2) |
|
(1.1) |
|
|
- |
|
|
(0.7) |
|
|
|
|
|
|
|
Year to date |
|
|
(6.8) |
|
(1.2) |
|
(5.6) |
|
|
(0.8) |
|
|
(2.6) |
|
|
|
|
|
|
Net profit |
September 2012 |
|
|
84.6 |
|
75.5 |
|
9.1 |
|
|
57.6 |
|
|
(39.7) |
|
|
|
|
|
|
|
June 2012 |
|
|
84.5 |
|
78.4 |
|
6.1 |
|
|
47.5 |
|
|
32.4 |
|
|
|
|
|
|
|
Year to date |
|
|
204.1 |
|
182.3 |
|
21.8 |
|
|
155.8 |
|
|
112.3 |
|
|
|
|
|
|
Normalised earnings - net earnings |
September 2012 |
|
|
87.0 |
|
75.8 |
|
11.2 |
|
|
59.3 |
|
|
41.4 |
|
|
|
|
|
|
excluding gains and losses on foreign |
June 2012 |
|
|
88.2 |
|
80.7 |
|
7.5 |
|
|
50.6 |
|
|
32.4 |
|
|
|
|
|
|
exchange, financial instruments, non- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
recurring items and share of results of |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
associates after royalties and taxation |
Year to date |
|
|
212.8 |
|
186.3 |
|
26.5 |
|
|
(159.7 |
|
|
114.1 |
|
|
|
|
|
|
Capital expenditure |
September 2012 |
|
|
(101.1) |
|
(70.9) |
|
(30.2) |
|
|
(25.1) |
|
|
(117.0) |
|
(102.0) |
|
(15.0) |
|
|
|
June 2012 |
|
|
(88.7) |
|
(59.7) |
|
(29.0) |
|
|
(20.5) |
|
|
(97.2) |
|
(75.6) |
|
(21.7) |
|
|
|
Year to date |
|
|
(264.4) |
|
(178.1) |
|
(86.3) |
|
|
(62.6) |
|
|
(277.8) |
|
(229.3) |
|
(48.5) |
|
# 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.
|