17 I GOLD FIELDS RESULTS Q1F2008
Operating and financial results
South African Operations
South African Rand
Total Mine
Operations
Total
Driefontein
Kloof
Beatrix
South Deep
Operating Results
Ore milled/treated (000 tons)
September
2007
12,751
3,922
1,532
994
913
483
June
2007
12,817
3,874
1,642
931
864
437
Yield (grams per ton)
September 2007
2.6
5.5
5.3
7.4
4.1
4.8
June
2007
2.6
5.5
4.9
7.7
4.5
4.9
Gold produced (kilograms)
September 2007
32,961
21,436
8,098
7,319
3,707
2,312
June
2007
33,454
21,316
8,103
7,141
3,909
2,163
Gold sold (kilograms)
September 2007
32,739
21,436
8,098
7,319
3,707
2,312
June
2007
33,454
21,316
8,103
7,141
3,909
2,163
Gold price received (Rand per kilogram)
September 2007
156,355
154,926
154,334
154,926
155,975
155,320
June
2007
152,825
152,059
152,030
152,192
151,317
153,074
Total cash costs (Rand per kilogram)
September 2007
99,227
94,248
85,058
86,269
106,393
132,223
June
2007
92,273
91,072
80,538
87,019
95,805
135,368
Total production costs (Rand per kilogram)
September 2007
122,841
115,101
103,495
108,457
124,197
162,197
June
2007
117,059
111,114
95,952
105,307
119,775
171,429
Operating costs (Rand per ton)
September 2007
266
539
472
665
455
651
June
2007
257
523
416
696
454
695
Financial Results (Rand million)
Revenue
September
2007
5,118.9
3,321.0
1,249.8
1,133.9
578.2
359.1
June
2007
5,112.6
3,241.3
1,231.9
1,086.8
591.5
331.1
Operating costs, net
September 2007
3,387.7
2,114.0
723.5
660.6
415.5
314.4
June
2007
3,163.0
2,027.4
683.7
648.0
392.2
303.5
- Operating costs
September 2007
3,391.2
2,114.0
723.5
660.6
415.5
314.4
June
2007
3,289.7
2,027.4
683.7
648.0
392.2
303.5
- Gold inventory change
September 2007
(3.5)
June
2007
(126.7)
-
-
-
-
-
Operating profit
September 2007
1,731.2
1,207.0
526.3
473.3
162.7
44.7
June
2007
1,949.6
1,213.9
548.2
438.8
199.3
27.6
Amortisation of mining assets
September 2007
745.3
436.5
144.9
159.1
63.9
68.6
June
2007
856.4
420.4
121.9
128.6
92.0
77.9
Net operating profit
September 2007
985.9
770.5
381.4
314.2
98.8
(23.9)
June
2007
1,093.2
793.5
426.3
310.2
107.3
(50.3)
Other income/(expense)
September 2007
(29.9)
(53.3)
(19.6)
(11.5)
(11.0)
(11.2)
June
2007
18.0
(21.2)
(0.6)
(5.6)
(14.0)
(1.0)
Profit before taxation
September 2007
956.0
717.2
361.8
302.7
87.8
(35.1)
June
2007
1,111.2
772.3
425.7
304.6
93.3
(51.3)
Mining and income taxation
September
2007
339.1
265.1
139.4
104.0
33.1
(11.4)
June 2007
372.2
264.0
146.8
97.3
37.1
(17.2)
- Normal taxation
September 2007
221.6
157.5
97.6
59.6
0.3
-
June
2007
218.6
116.6
54.8
61.5
0.3
-
- Deferred taxation
September 2007
117.5
107.6
41.8
44.4
32.8
(11.4)
June
2007
153.6
147.4
92.0
35.8
36.8
(17.2)
Profit before exceptional items
September 2007
616.9
452.1
222.4
198.7
54.7
(23.7)
June 2007
739.0
508.3
278.9
207.3
56.2
(34.1)
Exceptional items
September 2007
29.3
29.1
21.7
0.4
0.3
6.7
June
2007
36.2
33.3
1
9.0
0.3
5.6
8.4
Net profit
September 2007
646.2
481.2
244.1
199.1
55.0
(17.0)
June
2007
775.2
541.6
297.9
207.6
61.8
(25.7)
September 2007
637.9
469.9
230.6
198.9
54.8
(14.4)
June 2007
753.5
520.5
285.9
207.4
58.4
(31.2)
Net profit excluding gains and losses on
foreign exchange, financial instruments and
exceptional items
Capital expenditure
September 2007
1,327.7
739.8
219.3
217.5
133.8
169.2
June 2007
1,534.6
878.4
298.0
208.9
207.4
164.1
Planned for next six months to March 2008
3,466.4
1,843.1
636.3
466.0
285.2
455.6