19 I GOLD FIELDS RESULTS
Operating and financial results
SOUTH AFRICAN RAND
Total
Mine
Operations
South Africa Region
Total
Driefontein
Kloof
Beatrix
South Deep
Operating Results
Ore milled/treated (000 tonnes)
September 2010
14,510
4,059
1,521
1,106
937
495
June 2010
14,863
3,931
1,594
1,157
717
463
Yield (grams per tonne)
September 2010
2.1
3.8
4.0
3.7
3.4
4.4
June 2010
2.1
3.9
3.6
3.8
4.0
4.7
Gold produced (kilograms)
September 2010
31,042
15,458
6,017
4,041
3,202
2,198
June 2010
30,818
15,184
5,783
4,369
2,856
2,176
Gold sold (kilograms)
September 2010
31,289
15,458
6,017
4,041
3,202
2,198
June 2010
30,623
15,184
5,783
4,369
2,856
2,176
Gold price received (Rand per kilogram)
September 2010
289,329
287,929
288,150
287,800
287,633
287,989
June 2010
287,454
289,482
289,538
289,082
289,391
290,257
Total cash cost (Rand per kilogram)
September 2010
164,898
195,627
171,780
219,277
191,599
223,294
June 2010
166,215
187,770
175,584
196,201
189,216
201,333
Notional cash expenditure (Rand per kilogram)
September 2010
238,348
284,118
229,666
308,488
241,037
451,137
June 2010
235,223
272,669
233,910
274,319
260,049
388,925
Operating costs (Rand per tonne)
September 2010
357
758
682
823
669
1,008
June 2010
343
739
639
763
774
967
Financial Results (Rand million)
Revenue
September 2010
9,052.8
4,450.8
1,733.8
1,163.0
921.0
633.0
June 2010
8,802.7
4,395.5
1,674.4
1,263.0
826.5
631.6
Operating costs, net
September 2010
(5,132.0)
(3,075.1)
(1,038.0)
(910.7)
(627.2)
(499.2)
June 2010
(5,064.7)
(2,904.5)
(1,018.8)
(882.9)
(555.2)
(447.6)
- Operating costs
September 2010
(5,173.4)
(3,075.1)
(1,038.0)
(910.7)
(627.2)
(499.2)
June 2010
(5,102.5)
(2,904.5)
(1,018.8)
(882.9)
(555.2)
(447.6)
- Gold inventory change
September 2010
41.4
-
-
-
-
-
June 2010
37.8
-
-
-
-
-
Operating profit
September 2010
3,920.8
1,375.7
695.8
252.3
293.8
133.8
June 2010
3,738.0
1,491.0
655.6
380.1
271.3
184.0
Amortisation of mining assets
September 2010
(1,406.8)
(715.5)
(220.3)
(223.1)
(141.3)
(130.8)
June 2010
(1,328.4)
(660.8)
(190.0)
(209.5)
(136.8)
(124.5)
Net operating profit
September 2010
2,514.0
660.2
475.5
29.2
152.5
3.0
June 2010
2,409.6
830.2
465.6
170.6
134.5
59.5
Other expenses
September 2010
(244.1)
(136.2)
(23.5)
(41.6)
(16.2)
(54.9)
June 2010
(220.9)
(140.4)
(28.5)
(46.6)
(9.7)
(55.6)
Profit/(loss) before taxation
September 2010
2,269.9
524.0
452.0
(12.4)
136.3
(51.9)
June 2010
2,188.7
689.8
437.1
124.0
124.8
3.9
Mining and income taxation
September 2010
(802.6)
(152.8)
(127.6)
28.0
(72.2)
19.0
June 2010
(879.3)
(277.3)
(167.2)
(54.2)
(50.9)
(5.0)
- Normal taxation
September 2010
(411.5)
(31.9)
(44.0)
13.1
(1.0)
-
June 2010
(346.8)
(88.2)
(83.9)
(3.2)
(1.1)
-
- Royalties
September 2010
(217.6)
(46.4)
(32.8)
(5.8)
(4.6)
(3.2)
June 2010
(220.7)
(48.3)
(34.3)
(6.8)
(4.1)
(3.1)
- Deferred taxation
September 2010
(173.5)
(74.5)
(50.8)
20.7
(66.6)
22.2
June 2010
(311.8)
(140.8)
(49.0)
(44.2)
(45.7)
(1.9)
Profit/(loss) before exceptional items
September 2010
1,467.3
371.2
324.4
15.6
64.1
(32.9)
June 2010
1,309.4
412.5
269.9
69.8
73.9
(1.1)
Exceptional items
September 2010
(121.3)
(111.2)
(35.9)
(51.8)
(23.0)
(0.5)
June 2010
(9.2)
(9.1)
(0.9)
(2.6)
(2.5)
(3.1)
Net profit/(loss)
September 2010
1,346.0
260.0
288.5
(36.2)
41.1
(33.4)
June 2010
1,300.2
403.4
269.0
67.2
71.4
(4.2)
Net profit/(loss) excluding gains and losses on
foreign exchange, financial instruments and
exceptional items
September 2010
1,427.6
329.0
310.8
(4.1)
55.4
(33.1)
June 2010
1,303.4
411.1
269.4
68.7
75.3
(2.3)
Capital expenditure
September 2010
(2,219.5)
(1,316.8)
(343.9)
(335.9)
(144.6)
(492.4)
June 2010
(2,146.6)
(1,235.7)
(333.9)
(315.6)
(187.5)
(398.7)