Consolidated income statement
|
|
|
|
Year ended 30 June |
| |
(All amounts in rand millions unless otherwise stated) |
Notes |
|
2006 |
|
2005 |
|
|
|
|
|
|
|
|
Sales |
4 |
|
17,500.2 |
|
12,540.8 |
|
|
|
|
|
|
|
|
On-mine operations |
21 |
|
(4,722.7) |
|
(4,109.5) |
|
Concentrating and smelting operations |
22 |
|
(1,129.6) |
|
(1,043.3) |
|
Refining operations |
23 |
|
(545.2) |
|
(502.1) |
|
Amortisation of mining assets |
|
|
(622.5) |
|
(628.8) |
|
Metals purchased |
|
|
(4,326.2) |
|
(2,488.9) |
|
Increase in metal inventories |
10 |
|
1,161.0 |
|
454.8 |
|
Cost of sales |
|
|
(10,185.2) |
|
(8,317.8) |
|
|
|
|
|
|
|
|
Gross profit |
|
|
7,315.0 |
|
4,223.0 |
|
Net foreign exchange transaction gains |
24 |
|
177.8 |
|
32.5 |
|
Other operating expenses |
25 |
|
(340.0) |
|
(318.9) |
|
Other (expenses)/income |
27 |
|
(147.6) |
|
292.2 |
|
Other gains – net |
28 |
|
303.8 |
|
249.8 |
|
Finance costs |
29 |
|
(58.5) |
|
(54.3) |
|
Share of profit of associates |
30 |
|
114.8 |
|
203.7 |
|
Royalty expense |
|
|
(851.8) |
|
(414.9) |
|
Profit from sale of investment in Lonplats |
31 |
|
– |
|
3,155.0 |
|
BEE compensation charge |
32 |
|
(95.3) |
|
– |
|
Reversal of impairment/(impairment) of assets |
5 |
|
583.1 |
|
(1,033.8) |
|
Profit before tax |
33 |
|
7,001.3 |
|
6,334.3 |
|
Income tax expense |
34 |
|
(2,616.2) |
|
(1,080.4) |
|
Profit for the year |
|
|
4,385.1 |
|
5,253.9 |
|
|
|
|
|
|
|
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Profit attributable to: |
|
|
|
|
|
|
Equity holders of the company |
|
|
4,345.4 |
|
5,237.6 |
|
Minority interest |
|
|
39.7 |
|
16.3 |
|
|
|
|
4,385.1 |
|
5,253.9 |
|
|
|
|
|
|
|
|
Earnings per share (expressed in cents per share) |
35 |
|
|
|
|
|
– basic |
|
|
6,607 |
|
7,920 |
|
– diluted |
|
|
6,589 |
|
7,914 |
|
|
|
|
|
|
|
|
Dividends to group shareholders (expressed in cents per share) |
36 |
|
|
|
|
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– final dividend June 2006/5 proposed |
|
|
2,200 |
|
1,800 |
|
– interim dividend December 2005/4 paid |
|
|
1,000 |
|
500 |
|
– special dividend paid |
|
|
5,500 |
|
– |
|
|
|
|
8,700 |
|
2,300 |
|
|
|
|
|
|
|
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The notes are an integral part of these consolidated financial statements. |
Impala Platinum Holdings Limited - Annual Report 2006
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