Operating and financial results - USD

View Operating and financial results - ZAR

UNITED STATES DOLLARS		Total Mine Operations	Total	South African Operations
UNITED STATES DOLLARS		Total Mine Operations	Total	Driefontein	Kloof	Beatrix	South Deep
Operating Results	March 2009	13,278	3,197	1,537	689	629	342
Ore milled/treated (000 tons)	Dec 2008	13,350	3,458	1,608	768	798	284
	Financial year to date	39,326	10,143	4,681	2,428	2,217	817
Yield (ounces per ton)	March 2009	0.071	0.162	0.140	0.252	0.127	0.141
	Dec 2008	0.068	0.145	0.121	0.197	0.134	0.167
	Financial year to date	0.069	0.149	0.132	0.199	0.130	0.150
Gold produced (000 ounces)	March 2009	942.5	517.2	215.2	173.8	80.0	48.2
	Dec 2008	905.6	500.6	194.9	151.7	106.7	47.3
	Financial year to date	2,706.3	1,509.9	616.8	482.1	288.2	122.8
Gold sold (000 ounces)	March 2009	946.4	517.2	215.2	173.8	80.0	48.2
	Dec 2008	909.6	500.6	194.9	151.7	106.7	47.3
	Financial year to date	2,701.7	1,509.9	616.8	482.1	288.2	122.8
Gold price received (dollars per ounce)	March 2009	906	907	911	902	906	909
	Dec 2008	792	806	804	805	813	806
	Financial year to date	861	863	863	864	854	883
Total cash costs (dollars per ounce)	March 2009	471	449	384	419	606	585
	Dec 2008	487	472	437	496	459	567
	Financial year to date	518	504	441	501	545	739
Notional cash expenditure (dollars per ounce)	March 2009	668	647	529	572	813	1,171
	Dec 2008	774	679	591	687	620	1,147
	Financial year to date	773	717	593	687	738	1,409
Operating costs (dollars per ton)	March 2009	35	77	57	112	81	87
	Dec 2008	35	72	56	102	64	99
	Financial year to date	37	79	61	104	74	117
Financial Results ($ million)
Revenue	March 2009	868.5	474.3	198.8	159.2	71.4	44.9
	Dec 2008	718.1	400.7	154.0	120.3	86.6	39.8
	Financial year to date	2,326.1	1,303.4	532.3	416.4	246.2	108.5
Operating costs, net	March 2009	453.0	242.6	86.4	75.9	50.7	29.6
	Dec 2008	450.0	239.0	86.4	76.0	49.7	26.9
	Financial year to date	1,439.1	800.4	286.6	253.4	164.8	95.6
- Operating costs	March 2009	457.1	242.6	86.4	75.9	50.7	29.6
	Dec 2008	452.6	239.0	86.4	76.0	49.7	26.9
	Financial year to date	1,456.6	800.4	286.6	253.4	164.8	95.6
- Gold inventory change	March 2009	(4.1)	-	-	-	-	-
	Dec 2008	(2.6)	-	-	-	-	-
	Financial year to date	(17.5)	-	-	-	-	-
Operating profit	March 2009	415.5	231.7	112.4	83.3	20.7	15.3
	Dec 2008	268.1	161.7	67.6	44.3	36.9	12.9
	Financial year to date	887.0	503.1	245.8	163.0	81.4	12.8
Amortisation of mining assets #	March 2009	111.6	52.4	16.9	18.1	9.9	7.5
	Dec 2008	100.1	47.6	14.2	15.8	11.2	6.4
	Financial year to date	323.5	159.7	49.2	56.4	33.9	20.3
Net operating profit	March 2009	304.1	179.3	95.4	65.3	10.8	7.8
	Dec 2008	168.0	114.1	53.4	28.5	25.7	6.5
	Financial year to date	563.6	343.3	196.6	106.6	47.5	(7.4)
Other income/(expenses)	March 2009	(27.9)	(13.6)	(5.1)	(5.2)	(0.6)	(2.7)
	Dec 2008	(18.4)	(9.4)	(5.2)	(4.4)	(0.5)	0.7
	Financial year to date	(63.3)	(33.2)	(14.2)	(12.7)	(2.5)	(3.9)
Profit before taxation	March 2009	276.2	165.7	90.3	60.1	10.2	5.2
	Dec 2008	149.6	104.7	48.2	24.1	25.2	7.2
	Financial year to date	500.3	310.1	182.4	93.9	45.1	(11.3)
Mining and income taxation	March 2009	100.6	62.7	34.5	22.2	4.2	1.8
	Dec 2008	49.4	33.1	16.5	4.7	9.5	2.4
	Financial year to date	186.6	115.3	65.9	31.1	17.7	0.5
- Normal taxation	March 2009	55.3	49.9	30.0	19.9	-	-
	Dec 2008	4.3	11.9	11.5	0.3	-	-
	Financial year to date	75.9	70.6	50.1	20.4	0.1	-
- Royalties	March 2009	9.9	-	-	-	-	-
	Dec 2008	8.0	-	-	-	-	-
	Financial year to date	26.5	-	-	-	-	-
- Deferred taxation	March 2009	35.4	12.7	4.6	2.3	4.1	1.8
	Dec 2008	37.0	21.3	5.0	4.4	9.5	2.4
	Financial year to date	84.2	44.7	15.9	10.6	17.7	0.5
Profit before exceptional items	March 2009	175.6	103.1	55.8	37.9	6.0	3.4
	Dec 2008	100.2	71.6	31.7	19.4	15.7	4.8
	Financial year to date	313.7	194.7	116.4	62.8	27.3	(11.9)
Exceptional items	March 2009	0.4	0.4	0.1	0.8	-	(0.6)
	Dec 2008	(1.4)	(1.2)	-	-	-	(1.2)
	Financial year to date	13.9	14.1	0.3	0.8	-	12.9
Net profit	March 2009	176.0	103.4	55.9	38.7	6.0	2.8
	Dec 2008	98.9	70.4	31.7	19.4	15.7	3.6
	Financial year to date	327.7	208.8	116.7	63.7	27.4	1.0
Net profit excluding gains and losses on	March 2009	174.6	102.7	55.5	38.0	6.0	3.2
foreign exchange and exceptional items	Dec 2008	104.8	69.3	31.7	19.4	15.7	2.6
	Financial year to date	329.4	198.2	116.3	62.9	27.4	(8.4)
Capital expenditure	March 2009	164.8	89.1	26.4	22.2	13.7	26.8
	Dec 2008	238.5	91.2	25.7	24.9	14.4	26.2
	Financial year to date	636.3	282.1	78.9	77.9	47.9	77.4
Planned for next six months to September 2009		459.0	255.6	74.4	62.2	36.7	82.3

Average exchange rates were US$1 = R9.93 and US$1 = R9.82 for the March 2009 and December 2008 quarters respectively. The Australian dollar exchange rates were A$1 = R6.59 and A$1 = R6.70 for the March 2009 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	March 2009	10,081	5,216	1,334	1,434	1,820	277	1,820	277
Ore milled/treated (000 tons)	Dec 2008	9,892	5,384	1,216	1,199	1,840	253	1,840	253
	Financial year to date	29,183	16,107	3,687	3,074	5,477	838	5,477	838
Yield (ounces per ton)	March 2009	0.042	0.029	0.039	0.043	0.060	0.179	0.060	0.179
	Dec 2008	0.041	0.026	0.041	0.051	0.059	0.178	0.059	0.178
	Financial year to date	0.041	0.028	0.040	0.044	0.058	0.175	0.058	0.175
Gold produced (000 ounces)	March 2009	425.2	152.2	52.5	61.4	109.5	49.5	109.5	49.5
	Dec 2008	405.0	139.3	50.4	61.5	108.7	45.0	108.7	45.0
	Financial year to date	1,196.4	447.7	147.0	135.4	319.4	146.8	319.4	146.8
Gold sold (000 ounces)	March 2009	429.1	152.2	52.5	65.3	109.4	49.5	109.5	49.5
	Dec 2008	409.0	139.3	50.4	65.5	108.7	45.0	108.7	45.0
	Financial year to date	1,191.8	447.7	147.0	130.8	319.4	146.8	319.4	146.8
Gold price received (dollars per ounce)	March 2009	903	896	893	903	917	908	1,382	1,368
	Dec 2008	775	823	802	614	814	827	1,193	1,212
	Financial year to date	858	861	861	783	877	872	1,190	1,184
Total cash costs (dollars per ounce)	March 2009	497	503	643	422	538	355	811	535
	Dec 2008	507	563	622	355	551	371	807	543
	Financial year to date	535	535	678	389	591	400	801	543
Notional cash expenditure (dollars per ounce)	March 2009	694	778	669	762	649	481	978	725
	Dec 2008	891	1,078	753	1,201	679	552	996	809
	Financial year to date	845	950	763	1,138	753	534	1,022	725
Operating costs (dollars per ton)	March 2009	21	16	24	18	33	58	49	87
	Dec 2008	22	16	28	18	31	67	46	98
	Financial year to date	22	16	27	19	34	67	46	91
Financial Results ($ million)
Revenue	March 2009	394.3	137.6	47.6	62.3	101.5	45.3	150.2	67.3
	Dec 2008	317.5	112.1	40.7	40.2	88.2	36.2	129.5	54.8
	Financial year to date	1,022.7	385.7	126.5	102.5	280.0	128.1	379.9	173.8
Operating costs, net	March 2009	210.3	76.2	31.5	30.6	55.2	16.9	84.2	25.8
	Dec 2008	211.0	78.1	31.7	25.6	59.8	15.9	89.9	25.1
	Financial year to date	638.7	240.1	98.0	53.6	188.0	58.9	255.1	80.0
- Operating costs	March 2009	214.4	81.3	31.2	26.9	59.2	15.7	89.4	24.2
	Dec 2008	213.6	84.4	34.4	23.2	55.6	16.1	84.3	25.0
	Financial year to date	656.2	254.7	101.1	57.0	187.2	56.2	254.0	76.3
- Gold inventory change	March 2009	(4.1)	(5.1)	0.3	3.6	(4.1)	1.2	(5.1)	1.6
	Dec 2008	(2.6)	(6.3)	(2.7)	2.4	4.2	(0.2)	5.5	0.1
	Financial year to date	(17.5)	(14.6)	(3.0)	(3.4)	0.8	2.7	1.1	3.6
Operating profit	March 2009	184.0	61.4	16.1	31.7	46.4	28.4	66.0	41.5
	Dec 2008	106.4	34.1	9.0	14.7	28.5	20.3	39.7	29.7
	Financial year to date	384.0	145.5	28.5	48.9	92.0	69.1	124.8	93.8
Amortisation of mining assets #	March 2009	59.2	17.0	4.9	12.9	24.4		36.8
	Dec 2008	52.5	14.1	4.6	9.9	24.0		36.0
	Financial year to date	163.7	46.6	12.8	26.9	77.4		105.0
Net operating profit	March 2009	124.8	44.4	11.2	18.8	50.4		70.7
	Dec 2008	53.9	20.0	4.4	4.8	24.7		33.3
	Financial year to date	220.3	98.9	15.6	22.0	83.7		113.6
Other income/(expenses)	March 2009	(14.4)	(1.3)	(3.3)	(8.3)	(1.5)		(1.9)
	Dec 2008	(9.0)	(6.1)	(2.0)	(1.0)	0.1		0.4
	Financial year to date	(30.1)	(12.1)	(7.1)	(10.9)	-		-
Profit before taxation	March 2009	110.4	43.1	7.9	10.4	49.0		68.8
	Dec 2008	44.9	13.8	2.5	3.7	24.9		33.8
	Financial year to date	190.2	86.8	8.6	11.1	83.7		113.6
Mining and income taxation	March 2009	37.9	13.5	3.0	4.0	17.4		24.7
	Dec 2008	16.2	4.9	1.3	0.2	9.8		13.6
	Financial year to date	71.3	29.4	4.7	4.4	32.7		44.4
- Normal taxation	March 2009	5.4	-	0.9	4.5	-		-
	Dec 2008	(7.5)	(7.5)	-	-	-		-
	Financial year to date	5.3	-	0.8	4.5	-		-
- Royalties	March 2009	9.9	4.2	1.3	0.7	3.7		5.5
	Dec 2008	8.0	3.3	1.3	0.3	3.1		4.6
	Financial year to date	26.5	11.6	3.8	1.0	10.2		13.8
- Deferred taxation	March 2009	22.6	9.4	0.8	(1.3)	13.7		19.2
	Dec 2008	15.8	9.1	0.1	-	6.7		9.0
	Financial year to date	39.4	17.8	0.2	(1.1)	22.5		30.6
Profit before exceptional items	March 2009	72.5	29.6	4.9	6.5	31.6		44.1
	Dec 2008	28.7	8.9	1.2	3.5	15.1		20.2
	Financial year to date	118.9	57.4	3.8	6.6	51.0		69.2
Exceptional items	March 2009	0.1	-	-	-	0.1		-
	Dec 2008	(0.2)	-	-	-	(0.2)		(0.2)
	Financial year to date	(0.1)	-	-	-	(0.1)		(0.2)
Net profit	March 2009	72.6	29.6	4.9	6.5	31.6		44.1
	Dec 2008	28.5	8.9	1.2	3.5	14.9		20.0
	Financial year to date	118.9	57.4	3.8	6.6	50.9		69.0
Net profit excluding gains and losses on foreign	March 2009	71.9	29.2	4.8	6.4	31.4		44.3
exchange, financial instruments and exceptional items	Dec 2008	35.4	13.5	2.4	3.5	16.1		21.8
	Financial year to date	131.2	64.4	6.2	6.6	53.9		73.2
Capital expenditure	March 2009	75.7	34.1	3.8	19.4	10.7	7.8	17.5	11.6
	Dec 2008	147.3	64.6	3.4	56.1	15.2	8.1	24.4	11.5
	Financial year to date	354.2	170.4	11.1	97.1	53.3	22.2	72.4	30.1
Planned for next six months to September 2009		203.4	86.1	11.1	48.9	35.6	21.7	49.2	30.0

# 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.