RECONCILIATION OF HEADLINE EARNINGS WITH NET LOSS
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United States Dollars
Year ended |
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Figures are in millions unless otherwise stated |
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Net loss from continuing operations |
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(348.2) |
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(31.8) |
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Loss/(profit) on sale of assets |
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51.6 |
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(4.0) |
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Taxation effect on sale of assets |
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(12.0) |
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1.2 |
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Reversal of impairment |
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– |
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(92.4) |
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Impairment of South Deep |
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481.5 |
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277.8 |
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Gain on acquisition of Asanko |
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(51.8) |
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– |
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Impairment of investments and assets and other |
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72.5 |
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66.3 |
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Taxation on impairment of South Deep and investments and assets |
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(130.4) |
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(4.3) |
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Non-controlling interest effect on impairment of investments and assets |
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(2.6) |
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(0.5) |
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Headline earnings from continuing operations |
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60.6 |
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212.3 |
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Headline earnings per share – cents |
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7 |
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26 |
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Based on headline earnings as given above divided by 821,532,707 (December 2017 – 820,611,806) being the weighted average number of ordinary shares in issue. |
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