Operating and financial results

UNITED STATES DOLLARS		West Africa Region			South America Region	Australasia Region
			Ghana		Peru	Australia^#
		Total	Tarkwa	Damang	Cerro Corona	Total	St Ives	Agnew
Operating Results
Ore milled/treated	December 2010	7,000	5,746	1,254	1,495	1,844	1,636	208
(000 tonnes)	September 2010	6,987	5,750	1,237	1,607	1,857	1,648	209
	Financial period	13,987	11,496	2,491	3,102	3,701	3,284	417
Yield (ounces per tonne)	December 2010	0.034	0.031	0.048	0.063	0.092	0.076	0.213
	September 2010	0.035	0.032	0.046	0.066	0.083	0.072	0.169
	Financial period	0.034	0.031	0.047	0.064	0.087	0.074	0.191
Gold produced (000 ounces)	December 2010	237.0	176.6	60.4	93.7	169.4	125.1	44.3
	September 2010	242.0	185.5	56.5	105.8	153.2	117.9	35.3
	Financial period	478.9	362.0	116.9	199.5	322.6	243.0	79.6
Gold sold (000 ounces)	December 2010	237.0	176.6	60.4	87.5	169.4	125.1	44.3
	September 2010	242.0	185.5	56.5	113.7	153.2	117.9	35.3
	Financial period	478.9	362.0	116.9	201.2	322.6	243.0	79.6
Gold price received	December 2010	1,370	1,369	1,374	1,414	1,362	1,366	1,350
(dollars per ounce)	September 2010	1,225	1,223	1,229	1,252	1,217	1,216	1,220
	Financial period	1,295	1,293	1,300	1,325	1,289	1,290	1,286
Total cash cost	December 2010	540	517	608	449	719	756	615
(dollars per ounce)	September 2010	616	601	666	354	658	666	632
	Financial period	580	562	636	395	688	710	621
Notional cash expenditure	December 2010	1,009	893	1,349	650	970	976	954
(dollars per ounce)	September 2010	883	885	879	456	951	950	954
	Financial period	944	889	1,113	545	959	962	951
Operating costs	December 2010	20	18	30	27	66	57	130
(dollars per tonne)	September 2010	20	18	30	23	58	51	114
	Financial period	20	18	30	25	62	54	122
Financial Results ($ million)
Revenue	December 2010	323.8	241.2	82.6	124.2	229.3	170.0	59.3
	September 2010	296.4	226.9	69.5	142.4	186.5	143.4	43.1
	Financial period	620.2	468.1	152.1	266.6	415.8	313.4	102.4
Operating costs, net	December 2010	(138.8)	(100.7)	(38.1)	(36.5)	(120.6)	(92.9)	(27.8)
	September 2010	(142.8)	(107.5)	(35.3)	(39.4)	(97.3)	(74.9)	(22.3)
	Financial period	(281.6)	(208.2)	(73.4)	(75.8)	(217.9)	(167.8)	(50.1)
- Operating costs	December 2010	(139.6)	(102.2)	(37.4)	(40.3)	(120.7)	(93.7)	(27.0)
	September 2010	(139.8)	(103.2)	(36.5)	(37.1)	(108.2)	(84.5)	(23.8)
	Financial period	(279.3)	(205.4)	(73.9)	(77.4)	(228.9)	(178.2)	(50.7)
- Gold inventory change	December 2010	0.8	1.5	(0.7)	3.9	-	0.8	(0.8)
	September 2010	(3.1)	(4.3)	1.2	(2.3)	11.0	9.5	1.4
	Financial period	(2.3)	(2.8)	0.5	1.6	11.0	10.3	0.7
Operating profit	December 2010	185.0	140.5	44.5	87.8	108.6	77.1	31.6
	September 2010	153.5	119.4	34.2	103.0	89.2	68.5	20.8
	Financial period	338.5	259.9	78.7	190.8	197.9	145.5	52.3
Amortisation of mining	December 2010	(21.6)	(13.6)	(8.0)	(14.1)	(51.2)
assets	September 2010	(34.6)	(29.9)	(4.6)	(15.0)	(44.4)
	Financial period	(56.1)	(43.5)	(12.7)	(29.1)	(95.6)
Net operating profit	December 2010	163.4	127.0	36.5	73.7	57.5
	September 2010	119.0	89.4	29.5	88.1	44.9
	Financial period	282.4	216.4	66.0	161.7	102.3
Other expenses	December 2010	(5.0)	(0.6)	(4.3)	(3.4)	(0.9)
	September 2010	(3.3)	(2.5)	(0.8)	(8.6)	(2.8)
	Financial period	(8.2)	(3.1)	(5.1)	(12.1)	(3.7)
Profit before royalties and	December 2010	158.5	126.3	32.1	70.2	56.6
taxation	September 2010	115.7	87.0	28.7	79.4	42.1
	Financial period	274.2	213.3	60.9	149.7	98.7
Royalties, mining and income taxation	December 2010	(45.2)	(35.5)	(9.7)	(28.3)	(20.1)
	September 2010	(44.5)	(33.8)	(10.8)	(28.1)	(15.7)
	Financial period	(89.7)	(69.2)	(20.5)	(56.3)	(345.8)
- Normal taxation	December 2010	(44.4)	(31.3)	(13.2)	(24.5)	-
	September 2010	(29.0)	(23.5)	(5.5)	(22.6)	-
	Financial period	(73.4)	(54.8)	(18.6)	(47.1)	-
- Royalties	December 2010	3.0	2.6	0.3	(3.5)	(5.5)
	September 2010	(14.8)	(11.3)	(3.5)	(3.9)	(4.6)
	Financial period	(11.8)	(8.7)	(3.1)	(7.3)	(10.1)
- Deferred taxation	December 2010	(3.7)	(6.8)	3.1	(0.3)	(14.6)
	September 2010	(0.8)	1.1	(1.8)	(1.6)	(11.1)
	Financial period	(4.5)	(5.7)	1.2	(1.9)	(25.7)
Profit before	December 2010	113.3	90.9	22.4	42.0	35.6
non-recurring items	September 2010	71.2	53.2	17.9	51.4	26.4
	Financial period	184.4	144.1	40.4	93.3	642.8
Non-recurring items	December 2010	(9.2)	(8.3)	(1.0)	-	(0.8)
	September 2010	(0.2)	(0.2)	-	-	(1.2)
	Financial period	(9.5)	(8.5)	(1.0)	-	(2.0)
Net profit	December 2010	104.0	82.6	21.4	41.9	36.9
	September 2010	71.0	53.0	17.9	51.4	25.2
	Financial period	175.0	135.6	39.4	93.3	62.6
Net profit excluding gains and losses on foreign	December 2010	111.1	88.6	22.5	41.9	36.1
exchange, financial instruments and	September 2010	71.4	53.4	17.9	51.4	26.5
non-recurring items	Financial period	182.5	142.0	40.5	93.3	62.6
Capital Expenditure	December 2010	(98.8)	(55.7)	(43.1)	(20.2)	(43.0)	(28.0)	(15.0)
	September 2010	(74.0)	(60.9)	(13.2)	(11.1)	(37.5)	(27.6)	(9.9)
	Financial period	(172.8)	(116.6)	(56.3)	(31.4)	(80.5)	(55.5)	(25.0)

# 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.