Income statement

International Financial Reporting Standards Basis

Figures are in millions unless otherwise stated

SOUTH AFRICAN RAND	Quarter			Nine months to
	March 2009	December 2008	March 2008		March 2009	March 2008
Revenue	8,509.5	7,074.4	6,109.2		21,307.5	16,557.1
Operating costs, net	4,523.7	4,508.5	3,543.3		13,181.9	10,237.6
- Operating costs	4,566.5	4,542.3	3,502.6		13,342.0	10,135.7
- Gold inventory change	(42.8)	(33.8)	40.7		(160.1)	101.9

Operating profit	3,985.8	2,565.9	2,565.9		8,125.6	6,319.5
Amortisation and depreciation	1,140.9	1,032.8	713.9		3,075.2	2,247.7
Net operating profit	2,844.9	1,533.1	1,852.0		5,050.4	4,071.8
Net interest paid	(163.5)	(164.2)	(96.2)		(439.2)	(298.6)
Share of profit/(loss) of associates after taxation	21.1	(46.6)	7.8		(129.7)	22.9
Gain on foreign exchange	128.7	45.5	38.4		168.1	21.0
(Loss)/gain on financial instruments	(5.1)	(65.9)	262.3		(126.8)	83.6
Share-based payments	(95.2)	(94.3)	(24.6)		(283.4)	(77.9)
Other	(41.4)	(51.5)	(7.7)		(113.9)	24.1
Exploration	(133.8)	(136.1)	(57.5)		(337.6)	(220.8)
Profit before tax and exceptional items	2,555.7	1,020.0	1,974.5		3,787.9	3,626.1
Exceptional (loss)/gain	(203.1)	(5.0)	(41.6)		(93.7)	1,404.3
Profit before taxation	2,352.6	1,015.0	1,932.9		3,694.2	5,030.4
Mining and income taxation	943.3	496.1	566.5		1,696.3	1,274.0
- Normal taxation	536.4	119.5	278.8		792.8	685.7
- Royalties	97.6	79.0	70.6		243.2	172.0
- Deferred taxation	309.3	297.6	217.1		660.3	416.3

Net profit from continued operations	1,409.3	518.9	1,366.4		1,997.9	3,756.4
Profit from discontinued operations	-	-	-		-	37.0
Profit adjustment on sale of Venezuelan assets	-	-	-		-	74.2
Net profit	1,409.3	518.9	1,366.4		1,997.9	3,867.6
Attributable to:
- Ordinary shareholders	1,306.6	483.1	1,248.0		1,828.9	3,614.6
- Minority shareholders	102.7	35.8	118.4		169.0	253.0
Exceptional items:
(Loss)/profit on sale of investments	(213.6)	1.6	-		(212.9)	1,414.7
Profit/(loss) on sale of assets	11.0	(2.9)	3.2		10.0	34.4
South Deep restructuring costs	(0.5)	(2.9)	-		(22.2)	-
Driefontein 9 shaft closure costs	-	-	(44.8)		-	(44.8)
Insurance claim – South Deep	-	(0.8)	-		131.4	-
Total exceptional items	(203.1)	(5.0)	(41.6)		(93.7)	1,404.3
Taxation	(2.1)	0.8	18.7		(47.4)	(0.8)
Net exceptional items after tax and minorities	(205.2)	(4.2)	(22.9)		(141.1)	1,403.5
Net earnings	1,306.6	483.1	1,248.0		1,828.9	3,614.6
Net earnings per share (cents)	195	74	191		275	554
Diluted earnings per share (cents)	193	69	178		268	517

Headline earnings	1,511.6	484.1	1,245.7		2,034.6	2,111.7
Headline earnings per share (cents)	225	74	191		305	324
Net earnings excluding gains and losses on foreign exchange,	1,368.9	542.3	1,000.8		2,031.5	1,996.3
financial instruments, exceptional items, share of profit/(loss) of
associates after taxation and discontinued operations
Net earnings per share excluding gains and losses on foreign	204	83	153		305	306
exchange, financial instruments, exceptional items, share of
profit/(loss) of associates after taxation and discontinued operations
(cents)
Gold sold – managed kg	29,435	28,291	27,692		84,031	91,846
Gold price received R/kg	289,095	250,058	220,612		253,567	180,270
Total cash cost R/kg	150,301	153,893	122,920		152,500	106,902