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Financial statements   
  

STATEMENT OF OPERATIONS
FOR THE YEARS ENDED 30 JUNE


Company
Group

2000
R millions

2001
R millions
Notes

2001
R millions

2000
R millions

1 545.3
1 431.4   Product sales
4 494.7
2 995.6
 
(1 356.5)
(1 384.7)
  Cash operating cost
(3 821.8)
2 534.7
 


188.8
46.7
  Cash operating profit
672.9
460.9
 
65.0 378.2 Interests and dividends 44.8 63.4
10.0 20.6 Other income - net 3 81.4 54.2
- - Employment termination  and restructuring costs 6 (36.0) (1.4)
(12.0) 19.3 Corporate ( expenditure)/income (19.9) (12.4)
(13.2)
(2.0)
  Exploration expenditure
(26.7)
(15.9)
 
(12.0)
(32.2)
  Marketing and new business expenditure
(37.8)
(11.7)
 
-
-
  (loss)/profit on sale of other assets and listed investments
(10.6)
15.7
 
(9.8)
(55.4)
  Interest paid
(114.2)
(20.3)
 


216.4
375.2
  Cash profit
553.9 532.5  
(78.3)
(90.3)
  Depreciation and amortisation
(237.1) (136.2)  
-
8.7
  Reversal of provision for rehabilitation costs 51.9 2.1  
16.8
-
  Gain on financial instruments
58.1 54.3  
-
(225.3)
  Impairment of assets (215.1) -  
-
-
  Equity losses - (8.9)  
9.3
-
  Reversal of provision for former employees’ post retirement benefits
17.1 24.7  


164.2
68.3
  Income before tax 2
228.8
468.5
 
(15.7)
7.8
  Income and mining tax (expense) / benefit 7
(111.3)
(86.0)
 


148.5
76.1
  Net income before minority interests
117.5
382.5
 
-
-
  Minority interests 4
(2.6)
(18.5)
 


148.5
76.1
  Net income 114.9 364.0  


 
  Basic earnings per share (cents) 111.5 435.4  
  Fully diluted earnings per share (cents) 8 108.0 425.3  
  Headline earnings per share (cents) 253.7 382.4  
  Dividends per share (cents) 120.0 120.0