Operating and financial results

  South African Rand       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 (000 tonnes) September 2012     6,244   5,151   1,093     1,569     2,118   1,853   265  
    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 (grams per tonne) September 2012     1.0   1.0   1.1     1.6     2.3   1.8   5.6  
    June 2012     1.0   0.9   1.3     1.6     2.3   2.0   4.5  
    Year to date     1.0   1.0   1.2     1.5     2.3   2.0   5.1  
  Gold produced (kilograms) September 2012     6,511   5,269   1,242     2,573     4,795   3,316   1,479  
    June 2012     6,672   5,485   1,187     2,642     4,615   3,459   1,156  
    Year to date     20,327   16,519   3,808     7,594     14,304   10,518   3,786  
  Gold sold (kilograms) September 2012     6,511   5,269   1,242     2,572     4,795   3,316   1,479  
    June 2012     6,672   5,485   1,187     2,525     4,615   3,459   1,156  
    Year to date     20,327   16,519   3,808     7,726     14,304   10,518   3,786  
  Gold price received (Rand per kilogram) September 2012     439,579   439,856   438,406     459,914     437,769   439,747   433,333  
    June 2012     418,870   418,979   418,366     355,168     419,848   420,266   418,599  
    Year to date     425,813   425,746   426,103     412,490     425,895   426,573   424,010  
  Total cash cost (Rand per kilogram) September 2012     200,246   187,094   256,039     125,855     231,032   244,813   200,135  
    June 2012     187,080   171,759   257,877     125,030     238,830   238,306   240,398  
    Year to date     181,935   168,624   239,680     128,139     233,522   236,243   225,964  
  Notional cash expenditure (Rand per kilogram) September 2012     327,799   298,064   453,945     220,132     436,601   499,035   296,619  
    June 2012     302,998   267,657   466,302     183,460     406,002   409,569   395,329  
    Year to date     294,588   263,781   428,230     196,695     390,527   408,519   340,544  
  Operating costs (Rand per tonne) September 2012     209   192   289     230     537   443   1,188  
    June 2012     192   168   343     192     543   460   1,112  
    Year to date     190   172   289     202     547   456   1,210  
  Financial Results (Rand million)                                      
  Revenue September 2012     2,862.1   2,317.6   544.5     1,182.9     2,099.1   1,458.2   640.9  
    June 2012     2,794.7   2,298.1   496.6     896.8     1,937.6   1,453.7   483.9  
    Year to date     8,655.5   7,032.9   1,622.6     3,186.9     6,092.0   4,486.7   1,605.3  
  Net operating costs September 2012     (1,274.2)   (960.9)   (313.3)     (302.1)     (1,122.3)   (822.2)   (300.1)  
    June 2012     (1,224.4)   (916.5)   (307.9)     (281.5)     (1,121.5)   (837.0)   (284.5)  
    Year to date     (3,602.5)   (2,702.0)   (900.5)     (925.0)     (3,403.9)   (2,526.7)   (877.2)  
    - Operating costs September 2012     (1,304.1)   (988.7)   (315.4)     (360.8)     (1,136.6)   (821.7)   (314.9)  
    June 2012     (1,307.7)   (988.0)   (319.7)     (319.6)     (1,094.0)   (810.4)   (283.6)  
    Year to date     (3,864.9)   (2,926.9)   (938.0)     (991.3)     (3,355.5)   (2,455.4)   (900.1)  
    - Gold inventory change September 2012     29.9   27.8   2.1     58.7     14.3   (0.5)   14.8  
    June 2012     83.3   71.5   11.8     38.1     (27.5)   (26.6)   (0.9)  
    Year to date     262.4   224.9   37.5     66.3     (48.4)   (71.3)   22.9  
  Operating profit September 2012     1,587.9   1,356.7   231.2     880.8     976.8   636.0   340.8  
    June 2012     1,570.3   1,381.6   188.7     615.3     816.1   616.7   199.4  
    Year to date     5,053.0   4,330.9   722.1     2,261.9     2,688.1   1,960.0   728.1  
  Amortisation of mining assets September 2012     (316.1)   (254.0)   (62.1)     (88.1)     (402.2)          
    June 2012     (287.6)   (233.9)   (53.7)     (91.5)     (367.0)          
    Year to date     (899.8)   (726.8)   (173.0)     (279.6)     (1,161.3)          
  Net operating profit September 2012     1,271.8   1,102.7   169.1     792.7     574.6          
    June 2012     1,282.7   1,147.7   135.0     523.8     449.1          
    Year to date     4,153.2   3,604.1   549.1     1,982.3     1,526.8          
  Other expenses September 2012     (41.1)   (22.3)   (18.8)     (56.4)     (36.1)          
    June 2012     (69.1)   (51.1)   (18.0)     (58.1)     (19.5)          
    Year to date     (167.1)   (114.1)   (53.0)     (112.6)     (56.1)          
  Profit before royalties and taxation September 2012     1,230.7   1,080.4   150.3     736.3     538.5          
    June 2012     1,213.6   1,096.6   117.0     465.7     429.6          
    Year to date     3,986.1   3,490.0   496.1     1,869.7     1,470.7          
  Royalties, mining and income taxation September 2012     (505.0)   (455.4)   (49.6)     (261.9)     (197.5)          
    June 2012     (528.4)   (469.7)   (58.7)     (82.1)     (160.8)          
    Year to date     (2,292.8)   (2,016.4)   (276.4)     (612.2)     (548.3)          
    - Normal taxation September 2012     (272.8)   (305.5)   32.7     (227.3)     -          
    June 2012     (326.4)   (317.1)   (9.3)     (138.3)     -          
    Year to date     (958.2)   (943.6)   (14.6)     (563.9)     -          
    - Royalties September 2012     (143.0)   (115.8)   (27.2)     (24.0)     (53.5)          
    June 2012     (139.7)   (114.9)   (24.8)     (32.8)     (44.8)          
    Year to date     (432.7)   (351.6)   (81.1)     (79.3)     (150.3)          
    - Deferred taxation September 2012     (89.2)   (34.1)   (55.1)     (10.6)     (144.0)          
    June 2012     (62.3)   (37.7)   (24.6)     89.0     (116.0)          
    Year to date     (901.9)   (721.2)   (180.7)     31.0     (398.0)          
  Profit before non-recurring items September 2012     725.7   625.0   100.7     474.4     341.0          
    June 2012     685.2   626.9   58.3     383.6     268.8          
    Year to date     1,693.3   1,473.6   219.7     1,257.5     922.4          
  Non-recurring items September 2012     (34.5)   (8.2)   (26.3)     (0.1)     (15.3)          
    June 2012     (10.8)   (1.6)   (9.2)     0.1     (5.8)          
    Year to date     (54.5)   (9.8)   (44.7)     (6.8)     (20.9)          
  Net profit September 2012     691.2   616.8   74.4     474.3     325.7          
    June 2012     674.4   625.3   49.1     383.7     263.0          
    Year to date     1,638.8   1,463.8   175.0     1,250.7     901.5          
  Normalised earnings - net earnings excluding September 2012     713.1   620.8   92.3     463.5     340.2          
  gains and losses on foreign exchange, financial June 2012     704.0   643.8   60.2     432.0     262.5          
  instruments, non-recurring items and share of results of associates after royalties and taxation Year to date     1,708.9   1,495.8   213.1     1,282.3     915.9          
                           
  Capital expenditure September 2012     (830.2)   (581.8)   (248.4)     (205.6)     (956.9)   (833.1)   (123.8)  
    June 2012     (713.9)   (480.1)   (233.8)     (165.1)     (779.7)   (606.3)   (173.4)  
    Year to date     (2,123.2)   (1,430.5)   (692.7)     (502.4)     (2,230.6)   (1,841.4)   (389.2)  

# As a significant portion of the acquisition price was allocated to tenements of St Ives and Agnew based 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.