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Financial statements   
  

FINANCIAL STATEMENTS (US$/IMPERIAL)
STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED 30 JUNE

  GROUP  
  2001
$ million
2000
$ million
 
REVENUES  
Product sales 590.6 472.1  
Interest and dividends 5.9 10.0  
Other income - net 11.9 8.5  
 
 
  608.4 490.6  
 
 
 
COSTS AND EXPENSES  
Production costs 502.2 399.1  
Depreciation and amortisation 31.4 21.8  
Reversal of provision for rehabilitation cost (6.8) -  
Corporate expenditure 3.8 2.0  
Exploration expenditure 3.5 2.5  
Marketing and new business expenditure 4.9 1.9  
Gain on financial instruments (7.9) (8.6)  
Profit on sale of other assets and listed investments (note 1.4) 2.5    
Impairment of assets 28.3 -  
Interest paid 15.0 3.2  
Equity losses - 1.4  
Reversal of provision for former employee post-retirement benefits (2.2) (3.9)  
 
 
  578.6 417.1  
 
 
Income before tax 29.8 73.5  
Income and mining tax expense (14.6) (13.5)  
 
 
Net income after tax and before minority interests 15.2 60.0  
Minority interests (0.4) (2.9)  
 
 
Net income before cumulative effect of change in accounting policy 14.8 57.1  
 
 
 
Basic earnings per share (US cents) before cumulative effect of change in accounting principle 14.5 68.2  
Diluted earnings per share (US cents) before cumulative effect of change in accounting principle 14.1 66.6  
Weighted average number of shares used in the computation of basic earnings per share 102,156,205 83,593,424  
Weighted average number of shares used in the computation of diluted earnings per share 105,504,325 85,590,876  

Prepared in accordance with United States Generally Accepted Accounting Principles
(extracted from theCompany’s 20F filing).