Annual Report 2008

Consolidated financial statements

Income statement

For the year ended 30 June
(All amounts in rand millions unless otherwise stated)Notes20082007
Revenue437 61931 482
Cost of sales24(19 888)(17 010)
Gross profit 17 73114 472
Other operating expenses25(533)(478)
Royalty expense26(648)(1 703)
Profit from operations 16 55012 291
Finance income27689642
Finance costs28(155)(82)
Net foreign exchange transaction gains/(losses) 439(15)
BEE compensation charge29(1 790)
Other (expense)/income30(215)(214)
Profit on sale of investments314 831
Share of profit of associates32678388
Profit before tax3322 81711 220
Income tax expense34(5 112)(3 895)
Profit for the year from continuing operations 17 7057 325
Profit attributable to:   
Owners of the parent 17 5967 232
Non-controlling interest 10993
  17 7057 325
Earnings per share (expressed in cents per share – cps)   
Basic352 9101 312
Diluted352 9071 309
    
Dividends to group shareholders (cps)   
Interim dividend (paid)36300275
Final dividend (declared)361 175700
Dividends per share 1 475975

The notes are an integral part of these consolidated financial statements.

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Implats - Annual Report 2008

 | Forward-looking statements