Income statement

View Income statement - USD

International Financial Reporting Standards Basis

Figures are in millions unless otherwise stated

  SOUTH AFRICAN RAND Quarter Six months to
    December   September   December   December   December  
    2008   2008   2007   2008   2007  
  Revenue 7,074.4   5,723.6   5,429.7   12,798.0   10,447.9  
  Operating Costs, net 4,508.5   4,149.7   3,392.4   8,658.2   6,694.3  
  - Operating costs 4,542.3   4,233.2   3,341.2   8,775.5   6,633.1  
  - Gold inventory change (33.8)   (83.5)   51.2   (117.3)   61.2  
                       
  Operating profit 2,565.9   1,573.9   2,037.3   4,139.8   3,753.6  
  Amortisation and depreciation 1,032.8   901.5   762.7   1,934.3   1,533.8  
  Net operating profit 1,533.1   672.4   1,247.6   2,205.5   2,219.8  
  Net interest paid (164.2)   (111.5)   (92.2)   (275.7)   (187.3)  
  Share of loss of associates after taxation (46.6)   (104.2)   -   (150.8)   -  
  Gain/(loss) on foreign exchange 45.5   (6.1)   (5.1)   39.4   (17.4)  
  Loss on financial instruments (65.9)   (55.8)   (187.6)   (121.7)   (178.7)  
  Share-based payments (94.3)   (93.9)   (28.2)   (188.2)   (50.6)  
  Other (51.5)   (21.0)   18.0   (72.5)   29.1  
  Exploration (136.1)   (67.7)   (78.7)   (203.8)   (163.3)  
  Profit before tax and exceptional items 1,020.0   212.2   900.8   1,232.2   1,651.6  
  Exceptional (loss)/gain (5.0)   114.4   1,416.6   109.4   1,445.9  
  Profit before taxation 1,015.0   326.6   2,317.4   1,341.6   3,097.5  
  Mining and income taxation 496.1   256.9   418.4   753.0   707.5  
  - Normal taxation 198.5   203.5   284.5   402.0   508.3  
  - Deferred taxation 297.6   53.4   133.9   351.0   199.2  
                       
  Net profit from continued operations 518.9   69.7   1,899.0   588.6   2,390.0  
  Profit from discontinued operations -   -   45.2   -   37.0  
  Profit adjustment on sale of Venezuelan assets -   -   74.2   -   74.2  
  Net profit 518.9   69.7   2,018.4   588.6   2,501.2  
  Attributable to:                    
  - Ordinary shareholders 483.1   39.2   1,938.0   522.3   2,366.6  
  - Minority shareholders 35.8   30.5   80.4   66.3   134.6  
  Exceptional items:                    
  Profit/(loss) on sale of investments 1.6   (0.9)   1,414.7   0.7   1,414.7  
  (Loss)/profit on sale of assets (2.9)   1.9   1.9   (1.0)   31.2  
  South Deep restructuring (2.9)   (18.8)   -   (21.7)   -  
  Insurance claim – South Deep (3.6)   132.2   -   128.6   -  
  Total exceptional items (5.0)   114.4   1,416.6   109.4   1,445.9  
  Taxation 0.8   (46.1)   (8.3)   (45.3)   (19.5)  
  Net exceptional items after tax and minorities (4.2)   68.3   1,408.3   64.1   1,426.4  
  Net earnings 483.1   39.2   1,938.0   522.3   2,366.6  
  Net earnings per share (cents) 74   6   297   80   363  
  Diluted earnings per share (cents) 69   6   277   75   339  
                       
  Headline earnings 484.1   38.9   455.5   523.0   866.0  
  Headline earnings per share (cents) 74   6   70   80   133  
  Net earnings excluding gains and losses on foreign exchange, 542.3   120.3   602.9   662.6   1,010.6  
  financial instruments, exceptional items, share of loss of associates                    
  after taxation and discontinued operations                    
  Net earnings per share excluding gains and losses on foreign 83   18   93   101   155  
  exchange, financial instruments, exceptional items, share of loss of                    
  associates after taxation and discontinued operations (cents)                    
 
R/kgGold sold – managed kg
28,291   26,305   31,848   54,596   64,154  
 
Gold price received R/kg
250,058   217,586   170,488   234,413   162,857  
 
Total cash cost R/kg
153,893   153,461   101,532   153,685   99,988