Ten-year statistics

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Income statement

For the year ended 30 June

(R million)	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Sales	26 121	37 619	31 482	17 500	12 541	11 809	11 807	11 902	11 969	7 003

Platinum	15 995	20 388	15 577	9 991	8 132	7 941	7 391	6 137	5 253	3 017
Palladium	1 779	2 518	2 089	1 469	1 067	1 119	1 683	2 581	3 129	1 689
Rhodium	5 241	10 041	7 626	3 700	1 336	677	1 159	1 788	2 199	1 218
Nickel	1 499	2 733	4 062	1 431	1 323	1 284	938	682	700	600
Other	1 607	1 939	2 128	909	683	788	636	714	688	479

Cost of sales	(16 359)	(19 888)	(17 010)	(10 170)	(8 303)	(7 544)	(6 523)	(5 561)	(5 003)	(3 804)

On-mine operations	(7 214)	(7 303)	(5 901)	(4 709)	(4 100)	(3 668)	(3 251)	(2 567)	(2 330)	(1 997)
Concentrating and smelting operations	(1 962)	(1 478)	(1 316)	(1 130)	(1 043)	(967)	(801)	(643)	(493)	(441)
Refining operations	(592)	(670)	(594)	(523)	(480)	(468)	(412)	(355)	(333)	(308)
Amortisation of mining assets	(979)	(1 013)	(865)	(643)	(646)	(576)	(452)	(249)	(212)	(140)
Metals purchased	(3 867)	(11 012)	(9 369)	(4 326)	(2 489)	(2 259)	(1 474)	(1 883)	(1 969)	(699)
(Decrease)/increase in inventory	(1 745)	1 588	1 035	1 161	455	394	(133)	136	334	(219)


Gross profit	9 762	17 731	14 472	7 330	4 238	4 265	5 284	6 341	6 966	3 199
Other operating expenses	(497)	(533)	(478)	(340)	(319)	(255)	(264)	(204)	(117)	(97)
Royalty expense	(442)	(648)	(1 703)	(852)	(415)	(414)	(598)	(805)	(890)	(406)

Profit from operations	8 823	16 550	12 291	6 138	3 504	3 596	4 422	5 332	5 959	2 696
Finance income – net	794	534	560	225	174	56	286	266	383	229
Net foreign exchange transaction
(losses)/gains	(211)	439	(15)	178	33	(216)	(329)	131	158	20
Other (expense)/income	(54)	(131)	(214)	(148)	292	12	(55)	(98)	(63)	42
Profit from sale of subsidiaries/
investments	–	4 831	–	–	3 155	322	–	–	–	–
Share of profit of associates	41	678	388	115	204	328	725	697	647	220
BEE compensation charge	–	–	(1 790)	(95)	–	–	–	–	–	–
Reversal of impairment/
(Impairment) of assets	–	(84)	–	583	(1 034)	–	–	–	–	–

Profit before tax	9 393	22 817	11 220	6 996	6 328	4 098	5 049	6 328	7 084	3 207
Income tax expense	(3 389)	(5 112)	(3 895)	(2 614)	(1 079)	(1 141)	(1 622)	(1 737)	(2 431)	(949)
Profit for the year	6 004	17 705	7 325	4 382	5 249	2 957	3 427	4 591	4 653	2 258
Attributable to minority interest	16	(109)	(93)	(40)	(16)	(17)	(23)	(10)	(5)	(3)

Profit attributable to equity holders	6 020	17 596	7 232	4 342	5 233	2 940	3 404	4 581	4 648	2 255

Earnings per share (cents)
– Basic	1 001	2 910	1 312	825	989	552	639	863	878	428
– Headline (basic)	1 001	2 065	1 312	750	540	491	643	860	879	424

Dividend per share (cents)
– interim + proposed	320	1 475	975	400	288	263	331	463	475	220
– special				688					375

Statement of financial position

For the year ended 30 June

(R million)		2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
ASSETS
Non-current assets		46 180	39 605	37 202	15 084	12 108	12 523	11 391	9 324	6 834	4 321

Property, plant and equipment		30 518	24 895	20 347	12 435	10 222	9 801	8 809	6 218	5 231	3 357
Investments and other		15 662	14 710	16 855	2 649	1 886	2 722	2 582	3 106	1 603	964

Current assets		11 500	22 504	12 758	8 386	8 895	4 680	4 878	5 448	5 162	4 504
Total assets		57 680	62 109	49 960	23 470	21 003	17 203	16 269	14 772	11 996	8 825

EQUITY AND LIABILITIES
Capital and reserves		40 939	43 418	32 968	13 840	14 104	10 683	9 877	9 284	6 716	5 716
Minority interest		1 864	1 885	1 730	215	160	128	419	62	19	14
Non-current liabilities		9 785	8 259	6 734	3 654	2 873	2 708	2 213	1 683	1 465	1 195

Borrowings		1 778	1 464	685	174	195	167	63	86	113	137
Deferred tax liabilities		6 909	5 247	5 048	2 919	2 378	2 271	1 887	1 390	1 156	890
Provision for long-term responsibilities		1 098	1 548	1 001	561	300	270	263	207	196	168
Current liabilities		5 092	8 547	8 528	5 761	3 866	3 684	3 760	3 743	3 796	1 900
Total equity and liabilities		57 680	62 109	49 960	23 470	21 003	17 203	16 269	14 772	11 996	8 825

Cash, net of short-term borrowings		3 141	10 347	3 189	1 837	3 981	636	2 120	3 124	3 013	3 081
Cash, net of all borrowings		1 363	8 883	2 504	1 663	3 786	636	2 057	3 037	2 900	2 944

Current liquidity (net current assets excluding inventories)		2 160	8 064	232	(311)	3 309	(233)	271	785	587	2 165


IMPLATS SHARE STATISTICS
No. of shares in issue at year end	(m)	599.8	605.0	604.1	527.6	524.3	533.0	532.8	532.4	530.8	528.5
Average number of issued shares		601.1	604.7	551.4	526.1	529.0	532.6	532.5	531.0	529.3	527.1
Number of shares traded		804.2	575.1	442.8	528.8	530.4	524.2	570.6	400.0	290.8	253.3
Highest price traded	(cps)	31 400	36 800	25 500	17 938	7 688	8 013	8 125	9 000	5 913	3 700
Lowest price traded		8 655	17 202	14 438	7 200	5 312	5 206	4 325	3 588	2 998	1 925
Year end closing price		17 045	30 900	21 600	16 498	7 463	5 888	5 575	7 148	5 045	3 153

US$ Information (unaudited)

For the year ended 30 June

(US$ million)	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Sales	3 026	5 140	4 375	2 745	2 023	1 716	1 303	1 184	1 573	1 108

Platinum	1 833	2 780	2 166	1 563	1 312	1 156	819	606	690	471
Palladium	205	345	291	231	172	163	182	258	411	264
Rhodium	633	1 372	1 059	582	216	98	125	182	289	190
Nickel	176	378	564	227	213	187	107	67	92	94
Other	179	265	295	142	110	112	70	71	91	89

Cost of sales	(1 801)	(2 738)	(2 365)	(1 592)	(1 342)	(1 099)	(723)	(549)	(658)	(602)

On-mine operations	(794)	(1 006)	(820)	(737)	(663)	(535)	(360)	(253)	(306)	(316)
Concentrating and smelting
operations	(216)	(204)	(183)	(177)	(169)	(141)	(89)	(63)	(65)	(70)
Refining operations	(65)	(92)	(83)	(82)	(78)	(68)	(46)	(35)	(44)	(49)
Amortisation	(108)	(139)	(120)	(101)	(104)	(84)	(50)	(25)	(28)	(22)
Metals purchased	(426)	(1 516)	(1 303)	(677)	(402)	(329)	(163)	(186)	(259)	(111)
(Decrease)/increase in inventory	(192)	219	144	182	74	58	(15)	13	44	(34)


Gross profit	1 225	2 402	2 010	1 153	681	617	580	635	915	506
Other operating expenses	(55)	(73)	(66)	(53)	(52)	(37)	(29)	(20)	(15)	(15)
Royalty expense	(49)	(89)	(237)	(133)	(67)	(60)	(66)	(79)	(117)	(64)

Profit from operations	1 121	2 240	1 707	967	562	520	485	536	783	427
Finance income – net	87	74	78	35	28	8	32	26	50	36
Net foreign exchange transaction
(losses)/gains	(23)	60	(2)	28	5	(32)	(37)	13	21	3
Other (expenses)/income	(6)	(18)	(30)	(23)	47	2	(6)	(10)	(8)	7
Impairment of assets	–	(12)	–	91	(166)	–	–	–	–	–
Share of profit of associates	5	93	54	18	33	48	80	69	85	35
BEE compensation charge	–	–	(249)	(15)	–	–	–	–	–	–
Profit from sale of subsidiaries/investments –		665	–	–	510	47	–	–	–	–


Profit before tax	1 184	3 102	1 558	1 101	1 019	593	554	634	931	508
Income tax expense	(373)	(704)	(541)	(409)	(174)	(166)	(180)	(171)	(320)	(150)


Profit for the year	811	2 398	1 017	692	845	427	374	463	611	358
Attributable to minority interest	2	(15)	(13)	(6)	(3)	(3)	(3)	(1)	(1)	(0)


Profit attributable to equity holders	813	2 383	1 004	686	842	424	371	462	610	358


Earnings per share (cents )
– Basic	135	394	182	130	159	80	70	87	115	68
– Headline (basic)	135	278	182	119	87	71	70	87	115	67

Dividend per share (cents)
– interim + proposed	35	203	136	63	46	38	37	46	62	35
– special				108					49
Note: These numbers are provided for convenience and have not been audited. The income and expenditure items have been calculated using the average exchange rate for the year. Sales are the actual dollar receipts.

Operating statistics

For the year ended 30 June

		2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Gross refined production
Platinum	(000oz)	1 704	1 907	2 026	1 846	1 848	1 961	1 673	1 387	1 291	1 199
Palladium	(000oz)	1 008	1 044	1 114	989	1 029	1 046	893	732	681	636
Rhodium	(000oz)	248	261	247	242	234	251	215	177	164	155
Nickel	(000t)	14.5	14.8	16.2	15.6	16.0	16.4	14.7	13.0	14.0	13.8
Impala refined production
Platinum	(000oz)	950	1 044	1 055	1 125	1 115	1 090	1 040	1 025	1 002	1 020
Palladium	(000oz)	426	437	472	492	515	501	478	489	481	493
Rhodium	(000oz)	124	125	103	129	130	116	134	123	128	131
Nickel	(000t)	6.2	6.9	7.0	7.9	7.9	6.9	8.0	7.7	7.0	7.2
IRS refined production
Platinum	(000oz)	754	863	971	721	733	871	633	362	289	179
Palladium	(000oz)	582	607	642	497	514	545	415	243	200	143
Rhodium	(000oz)	124	136	144	113	104	135	81	54	36	24
Nickel	(000t)	8.3	7.9	9.2	7.7	8.1	9.5	6.7	5.3	7.0	6.6
IRS returned metal
Platinum	(000oz)	194	208	262	246	246	501	252	152	164	102
Palladium	(000oz)	181	199	191	190	160	314	174	102	116	93
Rhodium	(000oz)	38	42	47	42	54	97	18	16	21	17
Nickel	(000t)	2.5	2.1	0.9	2.2	1.9	1.5	0.9	0.7	0.5
Group consolidated statistics
Exchange rate:	(R/US$)
Closing rate on 30 June		7.76	7.93	7.06	7.16	6.66	6.17	7.52	10.32	8.06	6.92
Average spot rate		9.08	7.26	7.19	6.39	6.19	6.86	9.02	10.13	7.61	6.32
Average rate achieved		8.63	7.32	7.20	6.37	6.20	6.88	9.06	10.16	7.68	6.40
Free market revenue per platinum
ounce sold	($/oz)	1 826	3 053	2 445	1 791	1 304	1 140	939	934	1 376	1 005
Revenue per platinum ounce sold	($/oz)	1 995	2 941	2 369	1 721	1 279	1 116	935	934	1 321	904
	(R/oz)	17 217	21 528	17 057	10 963	7 930	7 678	8 471	9 489	10 145	5 786
Prices achieved
Platinum	($/oz)	1 219	1 598	1 185	988	840	773	597	485	586	428
Palladium	($/oz)	263	390	334	258	208	223	264	389	773	465
Rhodium	($/oz)	3 517	6 963	5 152	3 015	1 217	548	646	1 098	2 001	1 223
Nickel	($/t)	12 995	30 253	34 486	15 343	14 592	11 843	7 664	5 594	6 951	7 500
Sales volumes
Platinum	(000oz)	1 503	1 739	1 827	1 582	1 562	1 495	1 373	1 251	1 177	1 209
Palladium	(000oz)	781	885	870	896	826	733	688	663	543	656
Rhodium	(000oz)	180	197	206	193	177	179	193	165	145	171
Nickel	(000t)	13.5	12.5	16.3	14.8	14.6	15.8	13.9	12.0	14.1	14.0

Gross profit margin	(%)	37	47	46	42	34	36	45	53	58	46
Return on equity	(%)	14	38	52	28	27	27	37	68	81	55
Return on total assets	(%)	10	20	15	17	14	15	21	31	39	25
Debt to equity	(%)	5	3	2	1	1	7	3	1	2	3
Current ratio		2.3:1	2.6:1	1.5:1	1.5:1	2.3:1	1.3:1	1.3:1	1.5:1	1.4:1	2.4:1

Tonnes milled ex mine	(000t)	20 083	20 380	20 732	20 197	19 315	19 065	17 483	15 607	15 184	14 662
PGM refined production	(000oz)	3 428	3 644	3 858	3 490	3 549	3 725	3 162	2 639	2 464	2 308

Capital expenditure	(Rm)	6 923	5 368	2 887	2 248	1 992	1 822	1 787	1 250	2 090	783
	(US$m)	756	739	401	352	322	265	198	123	275	124
Group unit cost per platinum ounce	(R/oz)	8 526	7 750	6 370	5 009	4 522	4 140	3 978	3 426	3 134	2 724
	($/oz)	939	1 067	886	784	731	603	441	338	412	431
Group unit cost per
platinum ounce excluding	(R/oz)	9 129	6 930	5 921	4 890	4 501	4 122	3 968	3 426	3 134	2 724
share based payments	($/oz)	1 005	954	823	765	727	601	440	338	412	431