| Derived from financial statements prepared in accordance with US GAAP |
| Year ended 31 December |
2004 |
2003 |
2002 |
| Figures in dollar millions, except for share data |
|
(As restated) |
(As restated) |
| Sales and other income |
2,238 |
1,743 |
1,493 |
| Product sales |
2,183 |
1,714 |
1,458 |
| Interest, dividends and other income |
55 |
29 |
35 |
| Cost and expenses |
2,274 |
1,403 |
1,137 |
| Production costs |
1,436 |
1,068 |
792 |
| Exploration costs |
44 |
40 |
28 |
| Related party transactions |
45 |
37 |
42 |
| General and administrative |
58 |
43 |
29 |
| Royalties |
27 |
11 |
9 |
| Market development costs |
15 |
19 |
17 |
| Research and development |
- |
- |
1 |
| Depreciation, depletion and amortisation |
445 |
247 |
257 |
| Impairment of assets |
3 |
78 |
- |
| Interest expense |
67 |
28 |
22 |
| Accretion expense |
8 |
2 |
- |
| Employment severance costs |
9 |
4 |
3 |
| (Profit) loss on sale of assets |
(14) |
(55) |
11 |
| Non-hedge derivative loss (gains) |
131 |
(119) |
(74) |
| (Loss) income before equity income and income tax |
(36) |
340 |
356 |
| Equity income in affiliates |
23 |
74 |
80 |
| (Loss) income before income tax provision |
(13) |
414 |
436 |
| Deferred income and mining tax benefit (expensed) |
132 |
(147) |
(64) |
| Income before minority interest |
119 |
267 |
372 |
| Minority interest |
(22) |
(17) |
(16) |
| Income before cumulative effect of accounting change |
97 |
250 |
356 |
| Cumulative effect of accounting change |
- |
(3) |
- |
| Net income - applicable to common stockholders |
97 |
247 |
356 |
| Basic earnings per common share: (cents) |
|
|
|
| Before cumulative effect of accounting change |
39 |
112 |
160 |
| Cumulative effect of accounting change |
- |
(1) |
- |
| Net income - applicable to common stockholders |
39 |
111 |
160 |
| Diluted earnings per common share: (cents) |
|
|
|
| Before cumulative effect of accounting change |
38 |
112 |
160 |
| Cumulative effect of accounting change |
- |
(1) |
- |
| Net income - applicable to common stockholders |
38 |
111 |
160 |
| Weighted average number of common shares used in computation |
251,352,552 |
222,836,574 |
221,883,567 |
| Dividend per common share (cents) |
76 |
133 |
113 |
| These condensed financial statements should be read in conjunction with the company’s financial statements and footnotes filed on Form 20-F with the United States Securities and Exchange Commission on 14 July 2005. |
Condensed consolidated income statement
(PDF - 68KB)