Operating and financial results
| |
Operating Results |
|
|
|
|
|
|
|
|
| |
Ore milled/treated |
December 2010 |
|
1,844 |
|
1,636 |
|
208 |
|
| |
(000 tonnes) |
September 2010 |
|
1,857 |
|
1,648 |
|
209 |
|
| |
|
Financial period |
|
3,701 |
|
3,284 |
|
417 |
|
| |
Yield (ounces per tonne) |
December 2010 |
|
0.092 |
|
0.076 |
|
0.213 |
|
| |
|
September 2010 |
|
0.083 |
|
0.072 |
|
0.169 |
|
| |
|
Financial period |
|
0.087 |
|
0.074 |
|
0.191 |
|
| |
Gold produced (000 ounces) |
December 2010 |
|
169.4 |
|
125.1 |
|
44.3 |
|
| |
|
September 2010 |
|
153.2 |
|
117.9 |
|
35.3 |
|
| |
|
Financial period |
|
322.6 |
|
243.0 |
|
79.6 |
|
| |
Gold sold (000 ounces) |
December 2010 |
|
169.4 |
|
125.1 |
|
44.3 |
|
| |
|
September 2010 |
|
153.2 |
|
117.9 |
|
35.3 |
|
| |
|
Financial period |
|
322.6 |
|
243.0 |
|
79.6 |
|
| |
Gold price received |
December 2010 |
|
1,384 |
|
1,388 |
|
1,372 |
|
| |
(dollars per ounce) |
September 2010 |
|
1,359 |
|
1,358 |
|
1,363 |
|
| |
|
Financial period |
|
1,373 |
|
1,375 |
|
1,370 |
|
| |
Total cash cost |
December 2010 |
|
731 |
|
768 |
|
625 |
|
| |
(dollars per ounce) |
September 2010 |
|
735 |
|
744 |
|
706 |
|
| |
|
Financial period |
|
733 |
|
757 |
|
662 |
|
| |
Notional cash expenditure |
December 2010 |
|
986 |
|
991 |
|
969 |
|
| |
(dollars per ounce) |
September 2010 |
|
1,062 |
|
1,061 |
|
1,065 |
|
| |
|
Financial period |
|
1,022 |
|
1,025 |
|
1,013 |
|
| |
Operating costs |
December 2010 |
|
67 |
|
58 |
|
132 |
|
| |
(dollars per tonne) |
September 2010 |
|
65 |
|
57 |
|
127 |
|
| |
|
Financial period |
|
66 |
|
58 |
|
130 |
|
| |
Financial Results ($ million) |
|
|
|
|
|
|
|
|
| |
Revenue |
December 2010 |
|
234.8 |
|
173.8 |
|
61.0 |
|
| |
|
September 2010 |
|
208.3 |
|
160.2 |
|
48.1 |
|
| |
|
Financial period |
|
443.1 |
|
334.0 |
|
109.1 |
|
| |
Operating costs, net |
December 2010 |
|
(123.6) |
|
(95.1) |
|
(28.4) |
|
| |
|
September 2010 |
|
(108.6) |
|
(83.7) |
|
(24.9) |
|
| |
|
Financial period |
|
(232.2) |
|
(178.9) |
|
(53.4) |
|
| |
- Operating costs |
December 2010 |
|
(123.1) |
|
(95.5) |
|
(27.5) |
|
| |
|
September 2010 |
|
(120.9) |
|
(94.3) |
|
(26.5) |
|
| |
|
Financial period |
|
(243.9) |
|
(189.9) |
|
(54.1) |
|
| |
- Gold inventory change |
December 2010 |
|
(0.5) |
|
0.4 |
|
(0.9) |
|
| |
|
September 2010 |
|
12.2 |
|
10.6 |
|
1.6 |
|
| |
|
Financial period |
|
11.7 |
|
11.0 |
|
0.7 |
|
| |
Operating profit |
December 2010 |
|
111.2 |
|
78.6 |
|
32.6 |
|
| |
|
September 2010 |
|
99.7 |
|
76.5 |
|
23.2 |
|
| |
|
Financial period |
|
210.9 |
|
155.1 |
|
55.8 |
|
| |
Amortisation of mining |
December 2010 |
|
(52.3) |
|
|
|
|
|
| |
assets |
September 2010 |
|
(49.6) |
|
|
|
|
|
| |
|
Financial period |
|
(101.9) |
|
|
|
|
|
| |
Net operating profit |
December 2010 |
|
58.9 |
|
|
|
|
|
| |
|
September 2010 |
|
50.1 |
|
|
|
|
|
| |
|
Financial period |
|
109.0 |
|
|
|
|
|
| |
Other expenses |
December 2010 |
|
(0.8) |
|
|
|
|
|
| |
|
September 2010 |
|
(3.1) |
|
|
|
|
|
| |
|
Financial period |
|
(3.9) |
|
|
|
|
|
| |
Profit before royalties and |
December 2010 |
|
58.1 |
|
|
|
|
|
| |
taxation |
September 2010 |
|
47.0 |
|
|
|
|
|
| |
|
Financial period |
|
105.1 |
|
|
|
|
|
| |
Royalties, mining and income taxation |
December 2010 |
|
(20.7) |
|
|
|
|
|
| |
|
September 2010 |
|
(17.5) |
|
|
|
|
|
| |
|
Financial period |
|
(38.2) |
|
|
|
|
|
| |
- Normal taxation |
December 2010 |
|
- |
|
|
|
|
|
| |
|
September 2010 |
|
- |
|
|
|
|
|
| |
|
Financial period |
|
- |
|
|
|
|
|
| |
- Royalties |
December 2010 |
|
(5.6) |
|
|
|
|
|
| |
|
September 2010 |
|
(5.1) |
|
|
|
|
|
| |
|
Financial period |
|
(10.7) |
|
|
|
|
|
| |
- Deferred taxation |
December 2010 |
|
(15.0) |
|
|
|
|
|
| |
|
September 2010 |
|
(12.4) |
|
|
|
|
|
| |
|
Financial period |
|
(27.4) |
|
|
|
|
|
| |
Profit before |
December 2010 |
|
37.5 |
|
|
|
|
|
| |
non-recurring items |
September 2010 |
|
29.5 |
|
|
|
|
|
| |
|
Financial period |
|
67.0 |
|
|
|
|
|
| |
Non-recurring items |
December 2010 |
|
(0.8) |
|
|
|
|
|
| |
|
September 2010 |
|
(1.3) |
|
|
|
|
|
| |
|
Financial period |
|
(2.1) |
|
|
|
|
|
| |
Net profit |
December 2010 |
|
36.7 |
|
|
|
|
|
| |
|
September 2010 |
|
28.2 |
|
|
|
|
|
| |
|
Financial period |
|
64.8 |
|
|
|
|
|
| |
Net profit excluding gains and losses on foreign |
December 2010 |
|
37.1 |
|
|
|
|
|
| |
exchange, financial instruments and |
September 2010 |
|
29.6 |
|
|
|
|
|
| |
non-recurring items |
Financial period |
|
66.7 |
|
|
|
|
|
| |
Capital Expenditure |
December 2010 |
|
(43.9) |
|
(28.4) |
|
(15.5) |
|
| |
|
September 2010 |
|
(41.9) |
|
(30.8) |
|
(11.1) |
|
| |
|
Financial period |
|
(85.8) |
|
(59.2) |
|
(26.6) |
|
# 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.
|
