RECONCILIATION OF HEADLINE EARNINGS
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United States Dollars
Six months ended |
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Figures in millions unless otherwise stated |
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Net profit/(loss) |
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70.5 |
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(366.6) |
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(Profit)/loss on disposal of assets |
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(0.1) |
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53.1 |
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Taxation effect on disposal of assets |
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– |
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(12.1) |
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Non-controlling effect on disposal of assets |
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– |
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(2.6) |
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Profit on disposal of Maverix |
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(33.8) |
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– |
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Impairment of South Deep |
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– |
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481.5 |
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Reversal of FSE impairment |
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(9.6) |
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– |
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Impairment of investments and assets and other non-recurring items |
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18.5 |
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43.3 |
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Taxation on impairment of assets and other non-recurring items |
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(5.6) |
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(129.9) |
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Headline earnings |
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39.9 |
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66.7 |
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Headline earnings per share – cents |
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5 |
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8 |
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Based on headline earnings as given above divided by 826,085,128 (June 2018 – 820,614,217) being the weighted average number of ordinary shares in issue. |
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