Media release
Unaudited interim results
for the six months ended 30 June 2023
for the six months ended 30 June 2023
OPERATING RESULTS Segmental operating and financial results
| United States Dollars | South African Rand | |||||||||||
| Figures in millions unless otherwise stated | Total Mine Operations and projects including Equity- accounted Joint Venture |
Total Mine Operations and projects excluding Equity- accounted Joint Venture |
Americas Region |
Ghana Region |
South Africa Region |
|||||||
| Total | Peru | Chile | Ghana | South Africa | South Africa1 | |||||||
| Total | Cerro Corona |
Salares Norte Project | Total | Asanko 45% |
Tarkwa | Damang | South Deep |
South Deep |
||||
| Operating results | ||||||||||||
| Six months to | June 2023 | 21,465 | 20,105 | 3,326 | 3,326 | – | 10,727 | 1,360 | 6,981 | 2,386 | 1,425 | 1,425 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ore milled/treated (000 tonnes) | Dec 2022 | 20,990 | 19,666 | 3,305 | 3,305 | – | 10,806 | 1,323 | 7,050 | 2,432 | 1,486 | 1,486 |
| June 2022 | 21,209 | 19,910 | 3,416 | 3,416 | – | 10,617 | 1,299 | 6,966 | 2,351 | 1,499 | 1,499 | |
| Six months to | June 2023 | 1.7 | 1.8 | 1.3 | 1.3 | – | 1.2 | 0.7 | 1.3 | 1.0 | 3.4 | 3.4 |
| Yield (grams per tonne) | Dec 2022 | 1.8 | 1.9 | 1.2 | 1.2 | – | 1.2 | 0.8 | 1.2 | 1.3 | 3.4 | 3.4 |
| June 2022 | 1.8 | 1.9 | 1.2 | 1.2 | – | 1.2 | 1.0 | 1.1 | 1.7 | 3.4 | 3.4 | |
| Six months to | June 2023 | 1,197.2 | 1,167.3 | 135.3 | 135.3 | – | 396.9 | 29.9 | 287.7 | 79.3 | 155.7 | 4,841 |
| Gold produced (000 managed equivalent ounces) | Dec 2022 | 1,242.5 | 1,207.4 | 130.5 | 130.5 | – | 414.2 | 35.1 | 274.3 | 104.8 | 164.1 | 5,103 |
| June 2022 | 1,245.3 | 1,203.7 | 129.9 | 129.9 | – | 424.0 | 41.6 | 257.3 | 125.2 | 163.9 | 5,097 | |
| Six months to | June 2023 | 1,154.2 | 1,124.4 | 134.6 | 134.6 | – | 360.2 | 29.9 | 259.0 | 71.4 | 150.1 | 4,669 |
| Gold produced (000 attributable equivalent ounces) | Dec 2022 | 1,198.1 | 1,163.0 | 129.9 | 129.9 | – | 376.3 | 35.1 | 246.9 | 94.3 | 158.2 | 4,921 |
| June 2022 | 1,200.5 | 1,159.0 | 129.3 | 129.3 | – | 385.8 | 41.6 | 231.5 | 112.7 | 158.0 | 4,915 | |
| Six months to | June 2023 | 1,206.5 | 1,175.8 | 138.3 | 138.3 | – | 401.3 | 30.6 | 290.3 | 80.4 | 152.5 | 4,743 |
| Gold sold
(000 managed equivalent ounces) |
Dec 2022 | 1,230.3 | 1,194.4 | 129.6 | 129.6 | – | 411.4 | 35.9 | 271.8 | 103.7 | 164.1 | 5,103 |
| June 2022 | 1,247.1 | 1,207.5 | 130.5 | 130.5 | – | 422.1 | 39.7 | 257.3 | 125.2 | 163.9 | 5,097 | |
| Six months to | June 2023 | 1,927 | 1,927 | 1,878 | 1,878 | – | 1,933 | 1,898 | 1,936 | 1,935 | 1,910 | 1,118,515 |
| Gold price received (Dollar per equivalent ounce) | Dec 2022 | 1,717 | 1,717 | 1,674 | 1,674 | – | 1,726 | 1,691 | 1,729 | 1,728 | 1,715 | 960,761 |
| June 2022 | 1,851 | 1,851 | 1,668 | 1,668 | – | 1,877 | 1,842 | 1,881 | 1,881 | 1,871 | 926,383 | |
| Six months to | June 2023 | 49 | 50 | 34 | 34 | – | 33 | 22 | 32 | 41 | 110 | 2,008 |
| Cost of sales before gold inventory change and amortisation and depreciation (Dollar per tonne) | Dec 2022 | 48 | 50 | 36 | 36 | – | 32 | 21 | 32 | 37 | 107 | 1,852 |
| June 2022 | 47 | 47 | 31 | 31 | – | 31 | 34 | 26 | 44 | 111 | 1,709 | |
| Six months to | June 2023 | 1,195 | 1,192 | 991 | 168 | – | 1,194 | 1,319 | 1,181 | 1,193 | 1,387 | 811,816 |
| AISC (Dollar per ounce) | Dec 2022 | 1,048 | 1,043 | 466 | 308 | – | 1,179 | 1,195 | 1,194 | 1,135 | 1,229 | 688,939 |
| June 2022 | 1,137 | 1,125 | 312 | 312 | – | 1,197 | 1,482 | 1,306 | 884 | 1,359 | 672,915 | |
| Six months to | June 2023 | 1,377 | 1,376 | 3,042 | 307 | – | 1,210 | 1,435 | 1,181 | 1,230 | 1,387 | 811,816 |
| Total AIC (Dollar per ounce) | Dec 2022 | 1,274 | 1,274 | 3,081 | 487 | – | 1,210 | 1,279 | 1,194 | 1,227 | 1,287 | 721,616 |
| June 2022 | 1,341 | 1,332 | 2,968 | 397 | – | 1,230 | 1,576 | 1,306 | 964 | 1,425 | 705,623 | |
| Financial results (US$ millions) | ||||||||||||
| Six months to | June 2023 | 2,324.5 | 2,266.3 | 259.6 * | 259.6 * | – | 775.7 | 58.2 | 562.0 | 155.6 | 291.3 | 5,305.5 |
| Revenue | Dec 2022 | 2,111.9 | 2,051.3 | 217.0 * | 217.0 * | – | 709.9 | 60.6 | 469.9 | 179.3 | 281.3 | 4,902.4 |
| June 2022 | 2,308.4 | 2,235.3 | 217.7 * | 217.7 * | – | 792.4 | 73.1 | 483.8 | 235.5 | 306.6 | 4,722.2 | |
| Six months to | June 2023 | (970.9) | (939.4) | (88.8) | (95.0) | 6.2 | (288.4) | (31.4) | (177.0) | (80.0) | (168.8) | (3,074.7) |
| Cost of sales before amortisation and depreciation | Dec 2022 | (874.8) | (840.8) | (77.0) | (82.1) | 5.1 | (303.5) | (34.0) | (185.9) | (83.6) | (147.8) | (2,580.1) |
| June 2022 | (970.8) | (922.6) | (93.3) | (93.3) | – | (302.3) | (48.2) | (185.4) | (68.6) | (166.1) | (2,558.3) | |
| Six months to | June 2023 | (1,043.2) | (1,013.7) | (113.8) | (111.6) | (2.2) | (349.3) | (29.5) | (221.2) | (98.6) | (157.1) | (2,861.5) |
| Cost of sales before gold inventory change and amortisation and depreciation | Dec 2022 | (1,015.6) | (987.6) | (122.2) | (117.7) | (4.6) | (343.9) | (28.0) | (226.8) | (89.1) | (158.3) | (2,753.1) |
| June 2022 | (988.7) | (943.9) | (107.3) | (107.3) | – | (329.1) | (44.8) | (180.1) | (104.2) | (166.3) | (2,560.6) | |
| Six months to | June 2023 | 72.3 | 74.3 | 25.0 | 16.6 | 8.4 | 60.9 | (2.0) | 44.2 | 18.6 | (11.7) | (213.2) |
| – Gold inventory change | Dec 2022 | 140.8 | 146.8 | 45.3 | 35.6 | 9.7 | 40.4 | (6.0) | 40.9 | 5.5 | 10.6 | 173.0 |
| June 2022 | 17.9 | 21.3 | 14.0 | 14.0 | – | 26.9 | (3.4) | (5.3) | 35.6 | 0.1 | 2.3 | |
| Six months to | June 2023 | (418.2) | (416.4) | (68.5) | (61.6) | (6.8) | (181.0) | (1.7) | (134.2) | (45.1) | (26.9) | (489.3) |
| Amortisation of mining assets | Dec 2022 | (462.0) | (459.9) | (72.7) | (66.2) | (6.4) | (180.4) | (2.1) | (136.3) | (42.1) | (26.7) | (461.2) |
| June 2022 | (377.9) | (369.4) | (59.4) | (59.4) | – | (147.9) | (8.6) | (84.3) | (55.1) | (25.1) | (386.8) | |
| Six months to | June 2023 | (85.5) | (83.9) | (14.6) | (14.0) | (0.5) | (32.7) | (1.7) | (21.2) | (9.9) | (1.0) | (18.9) |
| Other expenses | Dec 2022 | (86.7) | (82.5) | (25.0) | (14.1) | (10.8) | (27.4) | (4.2) | (14.6) | (8.7) | (2.5) | (42.4) |
| June 2022 | (50.0) | (38.8) | (26.8) | (7.4) | (19.4) | (6.8) | (11.2) | 6.5 | (2.1) | (1.2) | (18.7) | |
| Six months to | June 2023 | 849.9 | 826.6 | 87.8 | 88.9 | (1.2) | 273.6 | 23.3 | 229.7 | 20.6 | 94.6 | 1,722.6 |
| Profit/(loss)before royalties and taxation | Dec 2022 | 688.5 | 668.1 | 42.4 | 54.5 | (12.1) | 198.5 | 20.4 | 133.1 | 45.0 | 104.3 | 1,818.7 |
| June 2022 | 909.7 | 904.6 | 38.2 | 57.6 | (19.4) | 335.4 | 5.1 | 220.6 | 109.7 | 114.2 | 1,758.4 | |
| Six months to | June 2023 | (317.6) | (314.5) | (43.9) | (48.4) | 4.5 | (109.4) | (3.1) | (92.9) | (13.4) | (28.0) | (510.6) |
| Royalties, mining and income taxation | Dec 2022 | (146.1) | (143.0) | (0.7) | (4.3) | 3.6 | 5.2 | (3.0) | 30.9 | (22.7) | (28.6) | (509.9) |
| June 2022 | (319.8) | (316.1) | (9.8) | (14.4) | 4.6 | (122.5) | (3.7) | (79.1) | (39.7) | (43.4) | (668.2) | |
| Six months to | June 2023 | (141.7) | (141.7) | (43.9) | (43.9) | – | (97.5) | – | (79.0) | (18.5) | (0.2) | (4.5) |
| – Normal taxation | Dec 2022 | (273.6) | (273.6) | (12.2) | (11.0) | (1.1) | (79.3) | – | (60.7) | (18.6) | – | – |
| June 2022 | (117.2) | (117.2) | (32.4) | (32.4) | – | (84.9) | – | (49.9) | (35.0) | – | – | |
| Six months to | June 2023 | (63.4) | (60.2) | (4.8) | (4.8) | – | (31.8) | (3.1) | (22.5) | (6.2) | (1.5) | (26.5) |
| – Royalties | Dec 2022 | (54.8) | (51.8) | (2.5) | (2.5) | – | (29.0) | (3.0) | (18.8) | (7.2) | (1.4) | (24.5) |
| June 2022 | (62.3) | (58.6) | (3.3) | (3.3) | – | (32.4) | (3.7) | (19.4) | (9.4) | (1.5) | (23.6) | |
| Six months to | June 2023 | (112.5) | (112.5) | 4.8 | 0.3 | 4.5 | 20.0 | – | 8.6 | 11.4 | (26.3) | (479.6) |
| – Deferred taxation | Dec 2022 | 182.4 | 182.4 | 14.0 | 9.3 | 4.7 | 113.5 | – | 110.4 | 3.2 | (27.2) | (485.4) |
| June 2022 | (140.2) | (140.2) | 25.9 | 21.3 | 4.6 | (5.1) | – | (9.9) | 4.7 | (41.9) | (644.6) | |
| Six months to | June 2023 | 532.3 | 512.1 | 43.9 | 40.6 | 3.3 | 164.2 | 20.2 | 136.8 | 7.2 | 66.6 | 1,212.0 |
| Profit/(loss)before non-recurring items | Dec 2022 | 542.4 | 525.1 | 41.7 | 50.2 | (8.5) | 203.8 | 17.4 | 164.1 | 22.3 | 75.8 | 1,308.9 |
| June 2022 | 589.9 | 588.5 | 28.4 | 43.2 | (14.8) | 213.0 | 1.4 | 141.5 | 70.0 | 70.8 | 1,090.1 | |
| Six months to | June 2023 | (17.9) | (17.9) | (15.4) | (0.1) | (15.3) | (1.6) | – | (1.6) | 0.1 | – | – |
| Non-recurring items | Dec 2022 | (398.6)2 | (398.6)2 | (62.5)2 | (62.5)2 | – | (344.1)2 | – | (337.7)2 | (6.4) | 0.1 | 2.0 |
| June 2022 | (5.2) | (5.2) | (3.6) | (3.0) | (0.6) | (0.9) | – | (0.6) | (0.3) | 0.1 | 0.9 | |
| Six months to | June 2023 | 514.4 | 494.2 | 28.5 | 40.5 | (12.0) | 162.6 | 20.2 | 135.2 | 7.2 | 66.6 | 1,212.0 |
| Net profit/(loss) | Dec 2022 | 143.8 | 126.4 | (20.8) | (12.3) | (8.5) | (140.4) | 17.4 | (173.6) | 15.9 | 75.9 | 1,310.8 |
| June 2022 | 584.8 | 583.3 | 24.8 | 40.2 | (15.4) | 212.0 | 1.4 | 140.9 | 69.7 | 70.8 | 1,091.0 | |
| Six months to | June 2023 | (514.1) | (506.8) | (199.6) | (20.1) | (179.6) | (132.5) | (7.4) | (121.7) | (3.5) | (36.2) | (658.5) |
| Capital expenditure | Dec 2022 | (527.8) | (522.7) | (181.3) | (29.6) | (151.6) | (140.8) | (5.1) | (108.8) | (27.0) | (55.2) | (965.3) |
| June 2022 | (547.0) | (544.3) | (161.5) | (16.4) | (145.1) | (156.0) | (2.7) | (120.2) | (33.1) | (63.5) | (978.0) | |
| The average US Dollar/Rand exchange rates for the six months were US$1 = R18.21 for June 2023, US$1 = R17.33 for December 2022 and US$1 = R15.40 for June 2022. | |
| The average Australian/US Dollar exchange rates for the six months were A$1 = US$0.68 for June 2023, A$1 = US$0.67 for December 2022 and A$1 = US$0.72 for June 2022. | |
| * | Included in total revenue is copper revenue of US$114.6m (Six months to December 2022: US$98.4m and six months to June 2022: US$103.2m). |
| 1 | For South Africa, all financial numbers are in Rand and Rand per kilogram. |
| 2 | Non-recurring items consist mainly out of impairments raised on the Tarkwa (US$325m) and Cerro Corona (US$63m) cash generating units. |
| Figures may not add as they are rounded independently. | |
| United States Dollars | Australian Dollars | ||||||||||
| Figures in millions unless otherwise stated | Australia Region |
Australia Region2 | |||||||||
| Total | Agnew | St Ives | Granny Smith |
Gruyere 50% |
Total | Agnew | St Ives | Granny Smith | Gruyere 50% |
||
| Operating results | |||||||||||
| Six months to | June 2023 | 5,987 | 673 | 2,059 | 860 | 2,395 | 5,987 | 673 | 2,059 | 860 | 2,395 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ore milled/treated (000 tonnes) | Dec 2022 | 5,392 | 615 | 1,816 | 806 | 2,155 | 5,392 | 615 | 1,816 | 806 | 2,155 |
| June 2022 | 5,679 | 584 | 2,041 | 777 | 2,277 | 5,679 | 584 | 2,041 | 777 | 2,277 | |
| Six months to | June 2023 | 2.6 | 5.2 | 2.8 | 4.8 | 1.0 | 2.6 | 5.2 | 2.8 | 4.8 | 1.0 |
| Yield (grams per tonne) | Dec 2022 | 3.1 | 6.0 | 3.2 | 5.8 | 1.1 | 3.1 | 6.0 | 3.2 | 5.8 | 1.1 |
| June 2022 | 2.9 | 6.4 | 2.9 | 5.5 | 1.1 | 2.9 | 6.4 | 2.9 | 5.5 | 1.1 | |
| Six months to | June 2023 | 509.3 | 111.7 | 184.2 | 134.1 | 79.3 | 509.3 | 111.7 | 184.2 | 134.1 | 79.3 |
| Gold produced (000 managed equivalent ounces) | Dec 2022 | 533.7 | 118.8 | 186.4 | 149.6 | 78.9 | 533.7 | 118.8 | 186.4 | 149.6 | 78.9 |
| June 2022 | 527.4 | 120.5 | 190.3 | 138.3 | 78.4 | 527.4 | 120.5 | 190.3 | 138.3 | 78.4 | |
| Six months to | June 2023 | 509.3 | 111.7 | 184.2 | 134.1 | 79.3 | 509.3 | 111.7 | 184.2 | 134.1 | 79.3 |
| Gold produced (000 attributable equivalent ounces) | Dec 2022 | 533.7 | 118.8 | 186.4 | 149.6 | 78.9 | 533.7 | 118.8 | 186.4 | 149.6 | 78.9 |
| June 2022 | 527.4 | 120.5 | 190.3 | 138.3 | 78.4 | 527.4 | 120.5 | 190.3 | 138.3 | 78.4 | |
| Six months to | June 2023 | 514.4 | 112.8 | 187.1 | 134.4 | 80.1 | 514.4 | 112.8 | 187.1 | 134.4 | 80.1 |
| Gold sold (000 managed equivalent ounces) | Dec 2022 | 525.2 | 117.7 | 181.5 | 149.1 | 76.8 | 525.2 | 117.7 | 181.5 | 149.1 | 76.8 |
| June 2022 | 530.6 | 121.0 | 191.7 | 138.3 | 79.6 | 530.6 | 121.0 | 191.7 | 138.3 | 79.6 | |
| Six months to | June 2023 | 1,940 | 1,944 | 1,934 | 1,945 | 1,936 | 2,872 | 2,879 | 2,864 | 2,880 | 2,867 |
| Gold price received (Dollar per equivalent ounce) | Dec 2022 | 1,721 | 1,717 | 1,722 | 1,722 | 1,721 | 2,583 | 2,579 | 2,590 | 2,576 | 2,586 |
| June 2022 | 1,869 | 1,866 | 1,868 | 1,869 | 1,876 | 2,600 | 2,596 | 2,599 | 2,600 | 2,609 | |
| Six months to | June 2023 | 71 | 145 | 77 | 131 | 23 | 105 | 214 | 113 | 194 | 34 |
| Cost of sales before gold inventory change and amortisation and depreciation (Dollar per tonne) | Dec 2022 | 73 | 146 | 81 | 119 | 27 | 108 | 218 | 120 | 179 | 41 |
| June 2022 | 68 | 160 | 63 | 139 | 25 | 95 | 223 | 87 | 193 | 35 | |
| Six months to | June 2023 | 1,169 | 1,238 | 1,165 | 1,161 | 1,092 | 1,729 | 1,831 | 1,723 | 1,719 | 1,616 |
| AISC (Dollar per ounce) | Dec 2022 | 964 | 1,071 | 863 | 987 | 994 | 1,451 | 1,611 | 1,312 | 1,476 | 1,487 |
| Jun 2022 | 1,117 | 1,188 | 1,185 | 1,047 | 967 | 1,554 | 1,652 | 1,649 | 1,456 | 1,345 | |
| Six months to | June 2023 | 1,270 | 1,377 | 1,256 | 1,293 | 1,114 | 1,879 | 2,038 | 1,858 | 1,913 | 1,648 |
| Total AIC (Dollar per ounce) | Dec 2022 | 1,087 | 1,242 | 968 | 1,148 | 1,015 | 1,634 | 1,867 | 1,465 | 1,716 | 1,517 |
| June 2022 | 1,211 | 1,353 | 1,233 | 1,196 | 969 | 1,685 | 1,882 | 1,715 | 1,663 | 1,348 | |
| Financial results (US$ millions) | |||||||||||
| Six months to | June 2023 | 997.8 | 219.4 | 361.9 | 261.5 | 155.0 | 1,477.2 | 324.8 | 535.8 | 387.1 | 229.6 |
| Revenue | Dec 2022 | 903.8 | 202.1 | 312.6 | 256.7 | 132.3 | 1,356.6 | 303.6 | 470.1 | 384.1 | 198.8 |
| June 2022 | 991.7 | 225.8 | 358.2 | 258.5 | 149.3 | 1,379.6 | 314.1 | 498.3 | 359.6 | 207.7 | |
| Six months to | June 2023 | (424.8) | (96.2) | (158.3) | (112.1) | (58.2) | (628.6) | (142.4) | (234.2) | (165.9) | (86.1) |
| Cost of sales before amortisation and depreciation | Dec 2022 | (346.7) | (87.9) | (111.4) | (97.5) | (49.9) | (521.9) | (131.9) | (169.0) | (146.3) | (74.7) |
| June 2022 | (409.1) | (96.4) | (156.6) | (105.5) | (50.7) | (569.1) | (134.1) | (217.8) | (146.8) | (70.5) | |
| Six months to | June 2023 | (422.9) | (97.3) | (157.6) | (112.5) | (55.5) | (625.8) | (144.0) | (233.2) | (166.4) | (82.2) |
| Cost of sales before gold inventory change and amortisation and depreciation | Dec 2022 | (391.2) | (89.5) | (146.4) | (96.3) | (59.0) | (585.0) | (134.1) | (218.1) | (144.7) | (88.1) |
| June 2022 | (386.0) | (93.6) | (127.6) | (108.0) | (56.8) | (537.0) | (130.2) | (177.5) | (150.3) | (79.0) | |
| Six months to | June 2023 | (1.9) | 1.1 | (0.7) | 0.4 | (2.6) | (2.8) | 1.7 | (1.1) | 0.5 | (3.9) |
| – Gold inventory change | Dec 2022 | 44.5 | 1.6 | 35.0 | (1.2) | 9.1 | 63.0 | 2.2 | 49.1 | (1.6) | 13.4 |
| June 2022 | (23.1) | (2.8) | (29.0) | 2.5 | 6.1 | (32.1) | (3.9) | (40.3) | 3.5 | 8.5 | |
| Six months to | June 2023 | (141.8) | (209.8) | ||||||||
| Amortisation of mining assets | Dec 2022 | (182.2) | (270.6) | ||||||||
| Six months to | June 2023 | (37.2) | (55.0) | ||||||||
| Other expenses | Dec 2022 | (31.7) | (46.6) | ||||||||
| June 2022 | (15.2) | (21.2) | |||||||||
| Six months to | June 2023 | 394.0 | 583.7 | ||||||||
| Profit/(loss) before royalties and taxation | Dec 2022 | 343.2 | 517.5 | ||||||||
| June 2022 | 421.9 | 586.9 | |||||||||
| Six months to | June 2023 | (136.3) | (201.6) | ||||||||
| Royalties, mining and income taxation | Dec 2022 | (122.0) | (183.7) | ||||||||
| June 2022 | (144.2) | (200.6) | |||||||||
| Six months to | June 2023 | – | – | ||||||||
| – Normal taxation | Dec 2022 | (182.2) | (263.0) | ||||||||
| June 2022 | – | – | |||||||||
| Six months to | June 2023 | (25.3) | (37.5) | ||||||||
| – Royalties | Dec 2022 | (21.8) | (32.8) | ||||||||
| June 2022 | (25.0) | (34.8) | |||||||||
| Six months to | June 2023 | (111.0) | (164.2) | ||||||||
| – Deferred taxation | Dec 2022 | 82.0 | 112.2 | ||||||||
| June 2022 | (119.2) | (165.8) | |||||||||
| Six months to | June 2023 | 257.7 | 382.1 | ||||||||
| Profit/(loss) before non-recurring items | Dec 2022 | 221.2 | 333.8 | ||||||||
| June 2022 | 277.7 | 386.3 | |||||||||
| Six months to | June 2023 | (0.9) | (1.3) | ||||||||
| Non-recurring items | Dec 2022 | 7.8 | 11.3 | ||||||||
| June 2022 | (0.7) | (0.9) | |||||||||
| Six months to | June 2023 | 256.8 | 380.7 | ||||||||
| Net profit/(loss) | Dec 2022 | 229.1 | 345.1 | ||||||||
| June 2022 | 277.1 | 385.4 | |||||||||
| Six months to | June 2023 | (145.8) | (37.1) | (48.5) | (42.2) | (18.0) | (215.8) | (54.9) | (71.7) | (62.5) | (26.7) |
| Capital expenditure | Dec 2022 | (150.5) | (35.7) | (41.4) | (56.3) | (17.1) | (226.0) | (54.1) | (63.0) | (83.5) | (25.6) |
| June 2022 | (166.0) | (49.4) | (59.3) | (41.5) | (15.9) | (231.0) | (68.8) | (82.5) | (57.7) | (22.1) | |
| As a significant portion of the acquisition price was allocated to tenements on endowment ounces and also as the Australian operations are entitled to transfer and then offset tax losses from one company to another, it is not meaningful to split the income statement below operating profit. | |
| 2 | For Australia, all financial numbers are in Australian Dollar. |
| Figures may not add as they are rounded independently. | |