Operating and financial results - ZAR

View Operating and financial results - USD

SOUTH AFRICAN RAND		Total Mine Operations	South African Operations
			Total	Driefontein	Kloof	Beatrix	South Deep
			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 (grams per ton)	March 2009	2.2	5.0	4.4	7.8	4.0	4.4
	Dec 2008	2.1	4.5	3.8	6.1	4.2	5.2
	Financial year to date	2.1	4.6	4.1	6.2	4.0	4.7
Gold produced (kilograms)	March 2009	29,314	16,088	6,693	5,406	2,489	1,500
	Dec 2008	28,168	15,571	6,063	4,717	3,320	1,471
	Financial year to date	84,174	46,963	19,184	14,994	8,965	3,820
Gold sold (kilograms)	March 2009	29,435	16,088	6,693	5,406	2,489	1,500
	Dec 2008	28,291	15,571	6,063	4,717	3,320	1,471
	Financial year to date	84,031	46,963	19,184	14,994	8,965	3,820
Gold price received (Rand per kilogram)	March 2009	289,095	289,632	290,976	287,939	289,393	290,133
	Dec 2008	250,058	254,550	253,818	254,039	256,596	254,589
	Financial year to date	253,567	254,234	254,186	254,395	251,556	260,131
Total cash costs (Rand per kilogram)	March 2009	150,301	143,340	122,680	133,796	193,532	186,667
	Dec 2008	153,893	148,944	137,886	156,689	144,759	179,130
	Financial year to date	152,500	148,536	129,989	147,479	160,491	217,775
Notional cash expenditure (Rand per kilogram)	March 2009	213,403	206,570	168,729	182,612	259,622	373,733
	Dec 2008	244,210	214,277	186,459	216,981	195,723	362,135
	Financial year to date	227,745	211,136	174,526	202,368	217,301	414,948
Operating costs (Rand per ton)	March 2009	344	761	565	1,107	807	865
	Dec 2008	340	703	545	1,006	630	975
	Financial year to date	339	723	561	956	681	1,072
Financial Results (Rand million)
Revenue	March 2009	8,509.5	4,659.6	1,947.5	1,556.6	720.3	435.2
	Dec 2008	7,074.4	3,963.6	1,538.9	1,198.3	851.9	374.5
	Financial year to date	21,307.5	11,939.6	4,876.3	3184.4	2,255.2	993.7
Operating costs, net	March 2009	4,523.7	2,434.2	867.7	762.9	507.7	295.9
	Dec 2008	4,508.5	2,429.7	876.8	772.8	503.1	277.0
	Financial year to date	13,181.9	7,331.6	2,625.1	2,321.1	1,509.4	876.0
- Operating costs	March 2009	4,566.5	2,434.2	867.7	762.9	507.7	295.9
	Dec 2008	4,542.3	2,429.7	876.8	772.8	503.1	277.0
	Financial year to date	13,342.0	7,331.6	2,625.1	2,321.1	1,509.4	876.0
- Gold inventory change	March 2009	(42.8)	-	-	-	-	-
	Dec 2008	(33.8)	-	-	-	-	-
	Financial year to date	(160.1)	-	-	-	-	-
Operating profit	March 2009	3,985.8	2,225.4	1,079.8	793.7	212.6	139.3
	Dec 2008	2,565.9	1,533.9	662.1	425.5	348.8	97.5
	Financial year to date	8,125.6	4,608.0	2,251.2	1,493.3	745.8	117.7
Amortisation of mining assets	March 2009	1,103.5	520.8	167.4	180.4	99.6	73.4
	Dec 2008	995.4	480.1	143.4	161.8	111.9	63.0
	Financial year to date	2,963.0	1,463.3	450.4	517.0	310.4	185.5
Net operating profit	March 2009	2,882.3	1,704.6	912.4	613.3	113.0	65.9
	Dec 2008	1,570.5	1,053.8	518.7	263.7	236.9	34.5
	Financial year to date	5,162.6	3,144.7	1,800.8	976.3	435.4	(67.8)
Other income/(expense)	March 2009	(268.9)	(131.6)	(49.8)	(50.3)	(6.7)	(24.8)
	Dec 2008	(179.5)	(93.3)	(50.1)	(41.7)	(5.5)	4.0
	Financial year to date	(580.0)	(304.2)	(129.8)	(115.9)	(22.5)	(36.0)
Profit before taxation	March 2009	2,613.4	1,573.0	862.6	563.0	106.3	41.1
	Dec 2008	1,391.0	960.5	468.6	222.0	231.4	38.5
	Financial year to date	4,582.6	2,840.5	1,671.0	860.4	412.9	(103.8)
Mining and income taxation	March 2009	954.6	593.7	328.4	206.3	43.3	15.7
	Dec 2008	471.4	311.2	160.3	45.9	87.7	17.3
	Financial year to date	1,709.2	1,056.0	603.9	284.7	162.4	5.0
- Normal taxation	March 2009	513.3	464.4	282.2	182.1	0.1	-
	Dec 2008	55.2	113.5	110.0	3.2	0.3	-
	Financial year to date	695.1	646.3	458.6	187.2	0.5	-
- Royalties	March 2009	97.6	-	-	-	-	-
	Dec 2008	79.0	-	-	-	-	-
	Financial year to date	243.2	-	-	-	-	-
- Deferred taxation	March 2009	343.9	129.3	46.2	24.2	43.2	15.7
	Dec 2008	337.2	197.7	50.3	42.7	87.4	17.3
	Financial year to date	770.9	409.7	145.3	97.5	161.9	5.0
Profit before exceptional items	March 2009	1,658.8	979.3	534.2	356.7	63.0	25.4
	Dec 2008	919.6	649.3	308.3	176.1	143.7	21.2
	Financial year to date	2,873.4	1,784.5	1,067.1	575.7	250.5	(108.8)
Exceptional items	March 2009	8.7	8.7	1.2	7.6	0.1	(0.2)
	Dec 2008	3.6	4.9	-	-	-	4.9
	Financial year to date	127.7	128.8	2.9	7.6	0.3	118.0
Net profit	March 2009	1,667.5	988.0	535.4	364.3	63.1	25.2
	Dec 2008	923.2	654.2	308.3	176.1	143.7	26.1
	Financial year to date	3,001.1	1,913.3	1,070.0	583.3	250.8	9.2
Net profit excluding gains and losses on foreign exchange,	March 2009	1,658.9	977.4	532.0	357.3	63.0	25.1
financial instruments and	Dec 2008	971.8	636.1	308.3	176.1	143.7	8.0
exceptional items	Financial year to date	3,016.9	1,815.5	1,065.6	576.3	250.6	(77.0)
Capital expenditure	March 2009	1,689.2	889.1	261.6	224.3	138.5	264.7
	Dec 2008	2,336.6	906.8	253.7	250.7	146.7	255.7
	Financial year to date	5,828.2	2,584.0	723.0	713.2	438.7	709.1
Planned for next six months to September 2009		4,130.0	2,300.0	670.0	560.0	330.0	740.0

SOUTH AFRICAN RAND		International Operations
		Total	Ghana		Peru	Australia ^#
		Total	Tarkwa	Damang	Cerro Corona	St Ives	Agnew
Operating Results	March 2009	10,081	5,216	1,334	1,434	1,820	277
Ore milled/treated (000 tons)	Dec 2008	9,892	5,384	1,216	1,199	1,840	253
	Financial year to date	29,183	16,107	3,687	3,074	5,477	838
Yield (grams per ton)	March 2009	1.3	0.9	1.2	1.3	1.9	5.6
	Dec 2008	1.3	0.8	1.3	1.6	1.8	5.5
	Financial year to date	1.3	0.9	1.2	1.4	1.8	5.4
Gold produced (kilograms)	March 2009	13,226	4,733	1,634	1,911	3,407	1,541
	Dec 2008	12,597	4,333	1,569	1,914	3,380	1,401
	Financial year to date	37,211	13,926	4,572	4,212	9,934	4,567
Gold sold (kilograms)	March 2009	13,347	4,733	1,634	2,032	3,407	1,541
	Dec 2008	12,720	4,333	1,569	2,037	3,380	1,401
	Financial year to date	37,068	13,926	4,572	4,069	9,934	4,567
Gold price received (Rand per kilogram)	March 2009	288,447	286,140	285,006	288,140	292,838	289,877
	Dec 2008	244,560	259,820	253,219	173,411	256,953	261,171
	Financial year to date	252,722	253,677	253,434	230,720	258,164	256,864
Total cash costs (Rand per kilogram)	March 2009	158,687	160,701	205,263	128,691	171,911	113,433
	Dec 2008	159,953	177,868	196,240	100,245	173,905	117,059
	Financial year to date	157,521	157,590	199,563	114,451	173,938	117,889
Notional cash expenditure (Rand per kilogram)	March 2009	221,715	248,341	213,709	243,433	207,220	153,537
	Dec 2008	281,210	340,342	237,731	379,154	214,467	174,233
	Financial year to date	248,706	279,642	224,672	335,066	221,794	157,324
Operating costs (Rand per ton)	March 2009	212	156	234	180	325	576
	Dec 2008	214	155	279	176	306	658
	Financial year to date	206	145	251	170	313	615
Financial Results (Rand million)
Revenue	March 2009	3,849.9	1,354.3	465.7	585.5	997.7	446.7
	Dec 2008	3,110.8	1,125.8	397.3	353.3	868.5	365.9
	Financial year to date	9,367.9	3,532.7	1,158.7	938.8	2,564.6	1,173.1
Operating costs, net	March 2009	2,089.5	760.6	313.4	289.0	556.0	170.5
	Dec 2008	2,078.8	774.6	314.7	221.9	600.8	166.8
	Financial year to date	5,850.3	2,199.5	898.0	490.8	1,722.2	539.8
- Operating costs	March 2009	2,132.3	811.2	311.9	258.3	591.4	159.5
	Dec 2008	2,112.6	833.2	339.0	210.7	563.1	166.6
	Financial year to date	6,010.4	2,333.1	925.7	521.7	1,714.7	515.2
- Gold inventory change	March 2009	(42.8)	(50.6)	1.5	30.7	(35.4)	11.0
	Dec 2008	(33.8)	(58.6)	(24.3)	11.2	37.7	0.2
	Financial year to date	(160.1)	(133.6)	(27.7)	(30.9)	7.5	24.6
Operating profit	March 2009	1,760.4	593.7	152.3	296.5	441.7	276.2
	Dec 2008	1,032.0	351.2	82.6	131.4	367.7	199.1
	Financial year to date	3,517.6	1,333.2	260.7	448.0	842.4	633.3
Amortisation of mining assets	March 2009	582.7	166.8	48.5	124.0	243.4
	Dec 2008	515.3	140.0	43.5	91.0	240.8
	Financial year to date	1,499.7	427.3	117.4	246.2	708.8
Net operating profit	March 2009	1,177.7	426.9	103.8	172.5	474.5
	Dec 2008	516.7	211.2	39.1	40.4	226.0
	Financial year to date	2,017.9	905.9	143.3	201.8	766.9
Other income/(expense)	March 2009	(137.3)	(15.3)	(31.7)	(76.9)	(13.4)
	Dec 2008	(86.2)	(58.8)	(19.3)	(10.8)	2.7
	Financial year to date	(275.8)	(110.6)	(64.7)	(100.3)	(0.2)
Profit before taxation	March 2009	1,040.4	411.6	72.1	95.6	461.1
	Dec 2008	430.5	152.4	19.8	29.6	228.7
	Financial year to date	1,742.1	795.3	78.6	101.5	766.7
Mining and income taxation	March 2009	360.9	130.1	28.6	37.0	165.2
	Dec 2008	160.2	54.4	11.6	2.3	91.9
	Financial year to date	653.2	269.3	43.4	40.7	299.8
- Normal taxation	March 2009	48.9	-	7.2	41.7	-
	Dec 2008	(58.3)	(58.3)	-	-	-
	Financial year to date	48.8	-	7.2	41.6	-
- Royalties	March 2009	97.6	40.6	14.0	6.8	36.2
	Dec 2008	79.0	33.8	11.9	2.4	30.9
	Financial year to date	243.2	106.0	34.8	9.1	93.3
- Deferred taxation	March 2009	214.6	89.5	7.4	(11.3)	129.0
	Dec 2008	139.5	78.9	(0.3)	(0.1)	61.0
	Financial year to date	361.2	163.3	1.4	(10.0)	206.5
Profit before exceptional items	March 2009	679.5	281.5	43.5	58.6	295.9
	Dec 2008	270.3	98.0	8.2	27.3	136.8
	Financial year to date	1,088.9	526.0	35.2	60.8	466.9
Exceptional items	March 2009	-	-	-	-	-
	Dec 2008	(1.3)	-	-	-	(1.3)
	Financial year to date	(1.1)	-	-	-	(1.1)
Net profit	March 2009	679.5	281.5	43.5	58.6	295.9
	Dec 2008	269.0	98.0	8.2	27.3	135.5
	Financial year to date	1,087.8	526.0	35.2	60.8	465.8
Net profit excluding gains and losses on foreign exchange,	March 2009	681.5	281.5	44.7	58.6	296.7
financial instruments and	Dec 2008	335.7	140.7	19.9	27.3	147.8
exceptional items	Financial year to date	1,201.4	590.3	56.4	60.8	493.9
Capital expenditure	March 2009	800.1	364.2	37.3	206.9	114.6	77.1
	Dec 2008	1,429.8	641.5	34.0	515.0	161.8	77.5
	Financial year to date	3,244.2	1,561.2	101.5	889.6	488.6	203.3
Planned for next six months to September 2009		1,830.0	775.0	100.0	440.0	320.0	195.0

# As a significant portion of the acquisition price was allocated to tenements of St Ives and Agnew based 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.