Income statement
for the year ended 30 June ( R million ) 2001 2000  1999  1998  1997 

Turnover 11 969.1 7 003.6  4 602.0  3 380.6  2 658.2 
      Platinum
      Palladium
      Rhodium
      Nickel
      Other
     5253.2  3 017.2  2 251.6  2 091.6  1 742.1 
3 129.0  1 689.2  1 031.1  621.3  268.9 
2 199.1  1 218.0  582.2  238.7  156.1 
700.2  600.4  363.5  216.7  285.7 
687.6  478.8  373.6  212.3  205.4 

Cost of sales

5 120.3 3 900.8  2 986.8  2 567.7  2 393.7 
On-mine operations
Concentrating and smelting operations
Refining operations
Amortisation of mining assets
Metals purchased
Other costs
(Increase)/decrease in inventory
2 330.1  1 997.6  1 880.4  1 772.7  1 571.8 
492.5  440.7  415.3  384.7  351.5 
333.3  307.9  295.6  262.3  266.4 
212.2  139.9  148.7  135.5  113.1 
1 968.8  698.8  287.6 
117.1  96.6  83.2  78.7  104.0 
(333.7) 219.3  (124.0) (66.2) (13.1)
 
Operating income 6 848.8  3 102.8  1 615.2  812.9  264.5 
Other income/(expense) 94.5  62.0  14.2  5.9  4.2 
Net financial income 383.3  228.2  185.9  44.2  1.8 
Share of pre-taxation income from associates 1 031.4  332.8  204.3  54.4  21.6 
Royalty expense (890.3) (406.4) (237.4) (93.1) (5.9)

Income before taxation 7 467.7  3 319.4  1 782.2  824.3  286.2 
Taxation 2 815.2  1 061.9  525.2  325.9  105.6 
 
Consolidated income after taxation 4 652.5  2 257.5  1 257.0  498.4  180.6 
Outside shareholders’ interest 5.4  2.5  5.0  (2.9) (1.6)
 
Attributable income 4 647.1  2 255.0  1 252.0  501.3  182.2 

Earnings per share ( cents )        

      – Basic

7 024  3 422  1 929  794  293 

      – Diluted

6 970  3 388  1 902  784   

      – Headline (basic)

7 024  3 383  1 929  804  293 
         
Dividend per share - interim +
proposed final (cents)
3 800  1 760  880  350  110 
Special dividend per share 3 000  –  –  –  – 
         
 
   
   
Balance sheet
as at 30 June ( R million ) 2001 2000 1999 1998 1997

ASSETS
Non-current assets 6 547.8 4 230.3 3 488.5 3 037.9 2 980.3
Fixed assets
Investments and other
5 230.6 3 357.3 2 822.2 2 431.2 2 353.7
1 317.2 873.0 666.3 606.7 626.6
Current assets 5 162.3 4 504.3 3 168.3 2 143.6 1 239.4

Total assets 11 710.1 8 734.6 6 656.8 5 181.5 4 219.7

EQUITY AND LIABILITIES
Capital and reserves 6 430.0 5 625.6 4 043.9 2 943.4 2 452.2
Outside shareholders' interest 19.2 13.8 46.9 68.7 71.6
Non-current liabilities 1 465.2 1 195.1 1 068.4 1 052.4 1 016.2
Borrowings
Deferred taxation
Provision for long-term responsibilities
113.1 137.6 162.3 179.3 194.6
1 156.1 889.7 745.0 746.9 707.5
196.0 167.8 161.1 126.2 114.1
Current liabilities 3 795.7 1 900.1 1 497.6 1 117.0 679.7

Total equity and liabilities 11 710.1 8 734.6 6 656.8 5 181.5 4 219.7

         
Cash net of short-term borrowings 3 013.1 3 081.4 1864.9 801.8 219.2 
Cash, net of all borrowings 2 900.0 2 943.8 1702.6 622.5 24.6 

Current liquidity (net current assets excluding inventories)

587.3 2 164.6 1 014.5 264.8 (16.0)

IMPLATS SHARE STATISTICS        
No. of shares in issue at year end (m) 66.3 66.1 65.7 64.0 62.3 
Average number of issued shares 66.2 65.9 64.9 63.1 62.2 
Number of shares traded 36.4 31.7 30.1 14.7 11.7 
Highest price traded (cps) 47 300 29 600 17 200 6 800 6 900 
Lowest price traded 23 980 15 400 5 100 3 450 4 050 
Year end closing price 40 360 25 220 15 180 5 050 5 075 
           
           
         
US$ Information (Unaudited)
for the year ended 30 June
(US$ Million)
2001 2000 1999 1998 1997

Turnover 1 572.8  1 108.2  757.2  682.5  618.1  
Cost of sales 672.8  616.8  491.4  528.4  528.1  
   On-mine operations
   Concentrating and smelting operations
   Refining operations
Amortisation
Metals purchased
Other costs
(Increase)/Decrease in metal inventory
306.2  315.9  309.4  364.7  346.8 
64.7  69.7  68.3  79.2  77.6 
43.8  48.7  48.6  54.0  58.8 
27.9  22.1  24.5  27.9  24.9 
258.7  110.5  47.3  –  – 
15.4  15.3  13.7  16.2  22.9 
(43.8) 34.7  (20.4) (13.6) (2.9)

Operating Income 900.0  491.3  265.9  154.1  90.0  
Other income/(expense) 12.4  9.8  2.2  1.2  0.9  
Net financial income 50.4  36.1  30.6  9.1  0.4  
Share of pre-taxation income from associates 135.5  52.6  33.6  11.2  4.8  
Royalty expense (117.0) (64.3) (39.0) (19.1) (1.3) 

Income before taxation 981.3  525.6  293.3  156.5  94.8  
Taxation 369.9  167.9  86.4  67.1  23.3  
Outside shareholders' interest 0.7  0.4  0.8  (0.6) (0.4) 

Attributable income 610.7  357.3  206.1  90.1  71.8  

Earnings per share (cents) 923  542  318  143  115  
           
           
* Note: Income and expenditure have been converted at the average exchange rate for

   the year. Sales revenue reflects actual dollar receipts.