IAS financial statements - Group income statement


1997*	1998		Notes	1998	1997*

SA Rand				US Dollars

12 174,6	12 282,6	Revenue	1	2 235.6	2 649.3
11 565,7	9 868,5	Cost of sales	2	1 801.5	2 514.4

608,9	2 414,1	Operating profit		434.1	134.9
375,1	228,4	Corporate administration and other expenses		42.2	80.3
?	203,5	Exploration costs		36.8	?

233,8	1 982,2	Profit from operations		355.1	54.6
33,8	94,4	Interest paid		17.1	7.2
304,4	246,4	Interest receivable		44.6	64.9
222,5	363,7	Income from associates	3	68.4	48.2
40,8	13,4	Income from other investments		2.4	8.7
56,2	(107,3)	(Loss)/profit on sale of mining assets		(9.1)	12.1

823,9	2 404,0	Profit on ordinary activities before taxation	4	444.3	181.3

(65,7)	693,5	Mining and normal taxation	5	126.8	(13.8)
74,7	?	Transfer to non-distributable reserve		?	15.9

814,9	1 710,5	Profit on ordinary activities after taxation		317.5	179.2

		Earnings per share (cents)
833	1 748	? Basic	6	324	183
789	1 568	? Headline	6	283	174
1 136	1 550	Dividends per share (cents)	7	263	241

* Where applicable the 1997 comparative figures constitute the aggregation of the previously audited financial statments of the participating companies as if the group has been in existence since 1 January 1997.