Operating and financial results

SOUTH AFRICAN RAND		West Africa Region			South American Region	Australasia Region^#
		Ghana			Peru	Australia
		Total	Tarkwa	Damang	Cerro Corona	Total	St Ives	Agnew
Operating Results
Ore milled/treated (000 tonnes)	December 2010	7,000	5,746	1,254	1,495	1,844	1,636	208
	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 (grams per tonne)	December 2010	1.1	1.0	1.5	1.9	2.9	2.4	6.6
	September 2010	1.1	1.0	1.4	2.0	2.6	2.2	5.3
	Financial period	1.1	1.0	1.5	2.0	2.7	2.3	5.9
Gold produced (kilograms)	December 2010	7,371	5,492	1,879	2,915	5,268	3,889	1,379
	September 2010	7,527	5,769	1,758	3,291	4,766	3,668	1,098
	Financial period	14,898	11,261	3,637	6,206	10,034	7,557	2,477
Gold sold (kilograms)	December 2010	7,371	5,492	1,879	2,720	5,268	3,889	1,379
	September 2010	7,527	5,769	1,758	3,538	4,766	3,668	1,098
	Financial period	14,898	11,261	3,637	6,258	10,034	7,557	2,477
Gold price received (Rand per kilogram)	December 2010	304,830	304,534	305,695	314,522	302,980	303,934	300,290
	September 2010	289,783	289,461	290,842	296,269	287,998	287,759	288,798
	Financial period	297,228	296,812	298,515	304,203	295,864	296,083	295,196
Total cash cost (Rand per kilogram)	December 2010	120,174	115,004	135,285	99,853	160,004	168,192	136,911
	September 2010	145,769	142,156	157,622	83,691	155,728	157,579	149,545
	Financial period	133,105	128,914	146,082	90,716	157,973	163,041	142,511
Notional cash expenditure (Rand per kilogram)	December 2010	224,515	198,653	300,106	144,700	215,812	217,074	212,255
	September 2010	209,061	209,378	208,020	107,900	224,990	224,782	225,683
	Financial period	216,707	204,147	255,595	125,185	220,171	220,815	218,208
Operating costs (Rand per tonne)	December 2010	138	123	207	187	454	398	901
	September 2010	147	132	217	170	429	377	836
	Financial period	143	128	212	178	442	387	869
Financial Results (Rand million)
Revenue	December 2010	2,246.9	1,672.5	574.4	855.5	1,596.1	1,182.0	414.1
	September 2010	2,181.2	1,669.9	511.3	1,048.2	1,372.6	1,055.5	317.1
	Financial period	4,428.1	3,342.4	1,085.7	1,903.7	2,968.7	2,237.5	731.2
Operating costs, net	December 2010	(959.7)	(695.4)	(264.3)	(251.6)	(840.0)	(646.7)	(193.3)
	September 2010	(1,051.2)	(791.4)	(259.8)	(289.9)	(715.8)	(551.6)	(164.2)
	Financial period	(2,010.9)	(1,486.8)	(524.1)	(541.5)	(1,555.8)	(1,198.3)	(357.5)
- Operating costs	December 2010	(965.8)	(706.8)	(259.0)	(279.8)	(837.9)	(650.4)	(187.5)
	September 2010	(1,028.7)	(759.8)	(268.9)	(273.1)	(796.5)	(621.7)	(174.8)
	Financial period	(1,994.5)	(1,466.6)	(527.9)	(552.9)	(1,634.4)	(1,272.1)	(362.3)
- Gold inventory change	December 2010	6.1	11.4	(5.3)	28.2	(2.1)	3.7	(5.8)
	September 2010	(22.5)	(31.6)	9.1	(16.8)	80.7	70.1	10.6
	Financial period	(16.4)	(20.2)	3.8	11.4	78.6	73.8	4.8
Operating profit	December 2010	1,287.2	977.1	310.1	603.9	756.1	535.3	220.8
	September 2010	1,130.0	878.5	251.5	758.3	656.8	503.9	152.9
	Financial period	2,417.2	1,855.6	561.6	1,362.2	1,412.9	1,039.2	373.7
Amortisation of mining assets	December 2010	(146.4)	(90.2)	(56.2)	(97.3)	(355.7)
	September 2010	(254.4)	(220.2)	(34.2)	(110.2)	(326.7)
	Financial period	(400.8)	(310.4)	(90.4)	(207.5)	(682.4)
Net operating profit	December 2010	1,140.8	886.9	253.9	506.6	400.4
	September 2010	875.6	658.3	217.3	648.1	330.1
	Financial period	2,016.4	1,545.2	471.2	1,154.7	730.5
Other expenses	December 2010	(34.7)	(4.0)	(30.7)	(22.6)	(5.8)
	September 2010	(24.1)	(18.2)	(5.9)	(63.5)	(20.3)
	Financial period	(58.8)	(22.2)	(36.6)	(86.1)	(26.1)
Profit before royalties and taxation	December 2010	1,106.1	882.9	223.2	484.0	394.6
	September 2010	851.5	640.1	211.4	584.6	309.8
	Financial period	1,957.6	1,523.0	434.6	1,068.6	704.4
Royalties, mining and income taxation	December 2010	(313.0)	(245.9)	(67.1)	(195.7)	(140.3)
	September 2010	(327.8)	(248.4)	(79.4)	(206.5)	(115.5)
	Financial period	(640.8)	(494.3)	(146.5)	(402.2)	(255.8)
- Normal taxation	December 2010	(311.0)	(218.3)	(92.7)	(169.9)	-
	September 2010	(213.1)	(172.8)	(40.3)	(166.5)	-
	Financial period	(524.1)	(391.1)	(133.0)	(336.4)	-
- Royalties	December 2010	24.5	21.3	3.2	(23.8)	(38.3)
	September 2010	(109.1)	(83.5)	(25.6)	(28.4)	(33.7)
	Financial period	(84.6)	(62.2)	(22.4)	(52.2)	(72.0)
- Deferred taxation	December 2010	(26.5)	(48.9)	22.4	(2.0)	(102.0)
	September 2010	(5.6)	7.9	(13.5)	(11.6)	(81.8)
	Financial period	(32.1)	(41.0)	8.9	(13.6)	(183.8)
Profit before non-recurring items	December 2010	793.1	637.0	156.1	288.3	254.3
	September 2010	523.7	391.7	132.0	378.1	194.3
	Financial period	1,316.8	1,028.7	288.1	666.4	448.6
Non-recurring items	December 2010	(66.0)	(58.9)	(7.1)	(0.3)	(5.4)
	September 2010	(1.5)	(1.5)	-	-	(8.6)
	Financial period	(67.5)	(60.4)	(7.1)	(0.3)	(14.0)
Net profit	December 2010	727.1	578.1	149.0	288.0	248.9
	September 2010	522.2	390.2	132.0	378.1	185.7
	Financial period	1,249.3	968.3	281.0	666.1	434.6
Net profit excluding gains and losses on	December 2010	777.8	620.9	156.9	288.2	251.8
foreign exchange, financial instruments	September 2010	525.2	393.2	132.0	378.1	195.3
and non-recurring items	Financial period	1,303.0	1,014.1	288.9	666.3	447.1
Capital Expenditure	December 2010	(689.1)	(384.2)	(304.9)	(142.0)	(299.0)	(193.8)	(105.2)
	September 2010	(544.9)	(448.1)	(96.8)	(82.0)	(275.8)	(202.8)	(73.0)
	Financial period	(1,234.0)	(832.3)	(401.7)	(224.0)	(574.8)	(396.6)	(178.2)

# 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.