Operating and financial results - USD

View Operating and financial results - ZAR

 

UNITED STATES DOLLARS     Total Mine
Operations
    Total     South African Operations
      Driefontein   Kloof   Beatrix   South Deep  
Operating Results Dec 2008   13,350     3,458     1,608   768   798   284  
Ore milled/treated (000 tons) Sept 2008   12,698     3,488     1,536   971   790   191  
  Financial year to date   26,048     6,946     3,144   1,739   1,588   475  
Yield (ounces per ton) Dec 2008   0,068     0.145     0.121   0.197   0.134   0.167  
  Sept 2008   0,068     0.141     0.135   0.161   0.128   0.143  
  Financial year to date   0,068     0.143     0.128   0.177   0.131   0.157  
Gold produced (000 ounces) Dec 2008   905.6     500.6     194.9   151.7   106.7   47.3  
  Sept 2008   858.2     492.0     206.7   156.6   101.5   27.3  
  Financial year to date   1,763.8     992.7     401.6   308.3   208.2   74.6  
Gold sold (000 ounces) Dec 2008   909.6     50.6     194.9   151.7   106.7   47.3  
  Sept 2008   845.7     492.0     206.7   156.6   101.5   27.3  
  Financial year to date   1,755.3     992.7     401.6   308.3   208.2   74.6  
Gold price received (dollars per ounce) Dec 2008   792     806     804   805   813   806  
  Sept 2008   874     871     869   874   870   871  
  Financial year to date   830     835     831   834   840   853  
Total cash costs (dollars per ounce) Dec 2008   487     472     437   496   459   567  
  Sept 2008   617     617     523   618   607   1,365  
  Financial year to date   544     536     474   550   524   843  
Notional cash expenditure (dollars per ounce) Dec 2008   774     679     591   687   620   1,147  
  Sept 2008   909     855     680   844   830   2,328  
  Financial year to date   834     756     629   756   712   1,564  
Operating costs (dollars per ton) Dec 2008   35     72     56   102   64   99  
  Sept 2008   43     91     74   105   82   205  
  Financial year to date   38     80     64   102   72   139  
Financial Results ($ million)                                
Revenue Dec 2008   718.1     400.7     154.0   120.3   86.6   39.8  
  Sept 2008   738.5     428.5     179.6   136.9   88.2   23.8  
  Financial year to date   1,457.6     829.2     333.6   257.2   174.8   63.6  
Operating costs, net Dec 2008   450.0     239.0     86.4   76.0   49.7   26.9  
  Sept 2008   536.1     318.8     113.8   101.5   64.4   39.2  
  Financial year to date   986.1     557.8     200.2   177.5   114.1   66.1  
   - Operating costs Dec 2008   452.6     239.0     86.4   76.0   49.7   26.9  
  Sept 2008   546.9     318.8     113.8   101.5   64.4   39.2  
  Financial year to date   999.5     557.8     200.2   177.5   114.1   66.1  
   - Gold inventory change Dec 2008   (2.6)     -     -   -   -   -  
  Sept 2008   (10.8)     -     -   -   -   -  
  Financial year to date   (13.4)     -     -   -   -   -  
Operating profit Dec 2008   268.1     161.7     67.6   44.3   36.9   12.9  
  Sept 2008   203.4     109.7     65.8   35.4   23.8   (15.4)  
  Financial year to date   471.5     271.4     133.4   79.7   60.7   (2.5)  
Amortisation of mining assets # Dec 2008   100.1     47.6     14.2   15.8   11.2   6.4  
  Sept 2008   111.6     59.7     18.0   22.6   12.8   6.3  
  Financial year to date   211.8     107.3     32.2   38.3   24.0   12.8  
Net operating profit Dec 2008   168.0     114.1     53.4   28.5   25.7   6.5  
  Sept 2008   91.7     49.9     47.8   12.8   11.0   (21.7)  
  Financial year to date   259.7     164.0     101.2   41.3   36.7   (15.2)  
Other income/(expenses) Dec 2008   (18.4)     (9.4)     (5.2)   (4.4)   (0.5)   0.7  
  Sept 2008   (17.0)     (10.2)     (3.9)   (3.1)   (1.3)   (2.0)  
  Financial year to date   (35.4)     (19.7)     (9.1)   (7.5)   (1.8)   (1.3)  
Profit before taxation Dec 2008   149.6     104.7     48.2   24.1   25.2   7.2  
  Sept 2008   74.7     39.7     43.9   9.7   9.7   (23.7)  
  Financial year to date   224.3     144.4     92.1   33.9   34.9   (16.5)  
Mining and income taxation Dec 2008   49.4     33.1     16.5   4.7   9.5   2.4  
  Sept 2008   36.6     19.5     14.9   4.2   4.1   (3.6)  
  Financial year to date   85.9     52.7     31.4   8.9   13.6   (1.2)  
   - Normal taxation Dec 2008   12.3     11.9     11.5   0.3   -   -  
  Sept 2008   25.0     8.8     8.6   0.2   -   -  
  Financial year to date   37.3     20.7     20.1   0.6   -   -  
   - Deferred taxation Dec 2008   37.0     21.3     5.0   4.4   9.5   2.4  
  Sept 2008   11.6     10.7     6.3   4.0   4.0   (3.6)  
  Financial year to date   48.6     31.9     11.3   8.3   13.5   (1.2)  
Profit before exceptional items Dec 2008   100.2     71.6     31.7   19.4   15.7   4.8  
  Sept 2008   38.2     20.1     29.0   5.5   5.7   (20.1)  
  Financial year to date   138.3     91.6     60.6   24.9   21.4   (15.3)  
Exceptional items Dec 2008   (1.4)     (1.2)     -   -   -   (1.2)  
  Sept 2008   14.9     14.9     0.2   -   -   14.6  
  Financial year to date   13.6     13.7     0.2   -   -   13.5  
Net profit Dec 2008   98.9     70.4     31.7   19.4   15.7   3.6  
  Sept 2008   53.1     35.0     29.2   5.5   5.7   (5.4)  
  Financial year to date   152.0     105.3     60.8   24.9   21.4   (1.8)  
Net profit excluding gains and losses on Dec 2008   104.8     69.3     31.7   19.4   15.7   2.6  
foreign exchange and exceptional items Sept 2008   49.9     26.1     29.1   5.5   5.7   (14.2)  
  Financial year to date   154.7     95.5     60.8   24.9   21.4   (11.6)  
Capital expenditure Dec 2008   238.5     91.2     25.7   24.9   14.4   26.2  
  Sept 2008   232.9     101.8     26.8   30.8   19.8   24.4  
  Financial year to date   471.4     193.8     52.6   55.7   34.2   50.6  
Planned for next six months to Sept 2009   389.8     208.8     60.1   55.1   31.8   61.8  

Average exchange rates were US$1 = R9.82 and US$1 = R7.74 for the December 2008 and December 2008 quarters respectively. The Australian dollar exchange rates were A$1 = R6.70 and A$1 = R6.97 for the December 2008 and December 2008 quarters respectively.

UNITED STATES DOLLARS     International Operations   Australian Dollars
  Total     Ghana   Peru   Australia#   Australia#
        Tarkwa   Damang   Cerro Corona   St Ives Agnew   St Ives Agnew  
Operating Results Dec 2008   9,892     5,384   1,216   1,199   1,840 253   1,840 253  
Ore milled/treated (000 tons) Sept 2008   9,210     5,507   1,137   441   1,817 308   1,817 308  
  Financial year to date   19,102     10,891   2,353   1,640   3,657 561   3,657 561  
Yield (ounces per ton) Dec 2008   0.041     0.026   0.041   0.051   0.059 0.178   0.059 0.178  
  Sept 2008   0.040     0.028   0.039   0.028   0.056 0.170   0.056 0.170  
  Financial year to date   0.040     0.027   0.040   0.045   0.057 0.173   0.057 0.173  
Gold produced (000 ounces) Dec 2008   405.0     139.3   50.4   61.5   108.7 45.0   108.7 45.0  
  Sept 2008   366.1     156.3   44.0   12.4   101.2 52.2   101.2 52.2  
  Financial year to date   771.1     295.6   94.5   74.0   209.8 97.3   209.8 97.3  
Gold sold (000 ounces) Dec 2008   409.0     139.3   50.4   65.5   108.7 45.0   108.7 45.0  
  Sept 2008   353.7     156.3   44.0   -   101.2 52.2   101.2 52.2  
  Financial year to date   762.6     295.6   94.5   65.5   209.8 97.3   209.8 97.3  
Gold price received (dollars per ounce) Dec 2008   775     823   802   614   814 827   1,193 1,212  
  Sept 2008   879     870   868   -   892 891   990 990  
  Financial year to date   824     839   836   614   850 850   1,095 1,095  
Total cash costs (dollars per ounce) Dec 2008   507     563   622   355   551 371   807 543  
  Sept 2008   616     548   790   -   708 494   786 548  
  Financial year to date   556     553   696   355   620 426   798 548  
Notional cash expenditure (dollars per ounce) Dec 2008   891     1,078   753   1,201   679 552   996 809  
  Sept 2008   981     1,029   895   2,289   986 588   1,095 653  
  Financial year to date   934     1,048   818   1,457   813 564   1,046 726  
Operating costs (dollars per ton) Dec 2008   22     16   28   18   31 67   46 98  
  Sept 2008   25     16   31   15   40 79   44 88  
  Financial year to date   23     16   30   18   35 72   45 93  
Financial Results ($ million)                                  
Revenue Dec 2008   317.5     112.1   40.7   40.2   88.2 36.2   129.5 54.8  
  Sept 2008   311.0     136.0   38.2   -   90.2 46.6   100.2 51.7  
  Financial year to date   628.5     248.1   78.9   40.2   178.5 82.7   229.8 106.5  
Operating costs, net Dec 2008   211.0     78.1   31.7   25.6   59.8 15.9   89.9 25.1  
  Sept 2008   217.3     85.8   34.9   (2.6)   73.0 26.2   81.1 29.1  
  Financial year to date   428.3     163.9   66.6   23.0   132.8 42.1   171.0 54.1  
   - Operating costs Dec 2008   213.6     84.4   34.4   23.2   55.6 16.1   84.3 25.0  
  Sept 2008   228.1     89.0   35.5   6.8   72.4 24.4   80.4 27.1  
  Financial year to date   441.7     173.3   69.9   30.0   127.9 40.5   164.7 52.2  
   - Gold inventory change Dec 2008   (2.6)     (6.3)   (2.7)   2.4   4.2 (0.2)   5.5 0.1  
  Sept 2008   (10.8)     (3.2)   (0.6)   (9.4)   0.7 1.7   0.7 1.9  
  Financial year to date   (13.4)     (9.5)   (3.3)   (7.0)   4.9 1.5   6.3 2.0  
Operating profit Dec 2008   106.4     34.1   9.0   14.7   28.5 20.3   39.7 29.7  
  Sept 2008   93.7     50.2   3.3   2.6   17.2 20.4   19.1 22.7  
  Financial year to date   200.1     84.2   12.3   17.3   45.6 40.7   58.8 52.4  
Amortisation of mining assets # Dec 2008   52.5     14.1   4.6   9.9   24.0   36.0  
  Sept 2008   51.9     15.6   3.3   4.0   29.0   32.2  
  Financial year to date   104.4     29.7   7.8   13.9   53.0   68.2  
Net operating profit Dec 2008   53.9     20.0   4.4   4.8   24.7   33.3  
  Sept 2008   41.8     34.6   0.1   (1.4)   8.6   9.5  
  Financial year to date   95.7     54.6   4.5   3.3   33.3   42.9  
Other income/(expenses) Dec 2008   (9.0)     (6.1)   (2.0)   (1.0)   0.1   0.4  
  Sept 2008   (6.8)     (4.7)   (1.8)   (1.6)   1.4   1.5  
  Financial year to date   (15.8)     (10.9)   (3.8)   (2.7)   1.5   1.9  
Profit before taxation Dec 2008   44.9     13.8   2.5   3.7   24.9   33.8  
  Sept 2008   35.0     29.9   (1.7)   (3.1)   9.9   11.0  
  Financial year to date   79.9     43.7   0.7   0.7   34.8   44.8  
Mining and income taxation Dec 2008   16.2     4.9   1.3   0.2   9.8   13.6  
  Sept 2008   17.1     11.0   0.4   0.2   5.5   6.1  
  Financial year to date   33.3     15.9   1.7   0.4   15.3   19.7  
   - Normal taxation Dec 2008   0.4     (4.2)   1.2   0.3   3.1   4.6  
  Sept 2008   16.1     (11.6   1.1   -   3.4   3.8  
  Financial year to date   16.6     7.4   2.4   0.3   6.5   8.4  
   - Deferred taxation Dec 2008   15.8     9.1   0.1   -   6.7   9.0  
  Sept 2008   0.9     (0.7)   (0.7)   0.2   2.1   2.4  
  Financial year to date   16.7     (8.4   (0.7)   0.1   8.8   11.4  
Profit before exceptional items Dec 2008   28.7     8.9   1.2   3.5   15.1   20.2  
  Sept 2008   18.0     18.9   (2.1)   (3.2)   4.4   4.9  
  Financial year to date   46.6     27.8   (0.9)   0.3   19.5   25.1  
Exceptional items Dec 2008   (0.2)     -   -   -   (0.2)   (0.2)  
  Sept 2008   -     -   -   -   -   -  
  Financial year to date   (0.1)     -   -   -   (0.1)   (0.2)  
Net profit Dec 2008   28.5     8.9   1.2   3.5   14.9   20.0  
  Sept 2008   18.0     18.9   (2.1)   (3.2)   4.4   4.9  
  Financial year to date   46.6     27.8   (0.9)   0.3   19.4   24.9  
Net profit excluding gains and losses on foreign Dec 2008   35.4     13.5   2.4   3.5   16.1   21.8  
exchange, financial instruments and exceptional items Sept 2008   23.8     21.7   (1.1)   (3.2)   6.4   7.1  
  Financial year to date   59.2     35.2   1.3   0.3   22.5   28.9  
Capital expenditure Dec 2008   147.3     64.6   3.4   56.1   15.2 8.1   24.4 11.5  
  Sept 2008   131.0     71.8   3.9   21.7   27.4 6.3   30.4 7.0  
  Financial year to date   278.4     136.3   7.3   77.8   42.6 14.4   54.8 18.5  
Planned for next six months to June 2009   181.1     72.4   8.4   40.1   40.2 20.0   58.7 29.3  

# 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.