Annual Report 2004
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Key performance highlights (US Dollar)

  
 
  • Safety performance (LTIFR) improves by 15%
  • Gross platinum production up by 17% to 1.96 Moz
  • Impala Platinum production at 1.09 Moz platinum - highest in a decade
  • Sales revenue increased by 32% to $1.72 billion
  • Gross margin of 36%
  • Profit up 15% to $428 million
  • Unit cost per platinum ounce rose by 37%, reflecting impact of Rand appreciation
Year at a glance
  FY2004FY2003% change
Financial
Sales($m)1 7161 30332
Gross profit($m)6165806
Profit before tax($m)5965557
Profit($m)42837315
Headline earnings per share(cps)5715612
Dividends per share (proposed basis)(cps)3062944
Cash net of short-term debt103282(63)
Sales revenue per platinum ounce sold($/oz)1 11693519
Production
Total
Refined platinum production(000 oz)1 9611 67317
Refined PGM production(000 oz)3 7253 16218
Impala
Refined platinum production(000 oz)1 0901 0405
Refined PGM production(000 oz)1 9761 9243

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Impala Platinum Holdings Limited
Annual Report 2004