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Group – Income statement

For the year ended 31 December
2010 2011 Figures in million Notes 2011 2010
SA Rands     US Dollars
40,135 50,411 Revenue 3 6,925 5,514
           
38,833 47,849 Gold income 2,3 6,570 5,334
(25,833) (28,745) Cost of sales 4 (3,946) (3,550)
    Loss on non-hedge derivatives and other commodity      
(5,136) (9) contracts 35 (1) (702)
           
7,864 19,095 Gross profit   2,623 1,082
(1,589) (2,025) Corporate administration, marketing and other expenses   (278) (220)
(1,446) (2,039) Exploration costs   (279) (198)
(149) (187) Other operating expenses 5 (27) (20)
(894) 1,302 Special items 6 163 (126)
           
3,786 16,146 Operating profit   2,202 518
311 388 Interest received 3 52 43
18 18 Exchange gain   2 3
    Fair value adjustment on option component of      
39 563 convertible bonds   84 (1)
(382) 731 Fair value adjustment on mandatory convertible bonds   104 (55)
(1,203) (1,417) Finance costs and unwinding of obligations 7 (196) (166)
467 532 Share of equity-accounted investments’ profit 8 73 63
           
3,036 16,961 Profit before taxation 9 2,321 405
(2,018) (5,337) Taxation 12 (723) (276)
           
1,018 11,624 Profit for the year   1,598 129
           
    Allocated as follows      
637 11,282 Equity shareholders   1,552 76
381 342 Non-controlling interests   46 53
1,018 11,624     1,598 129
171 2,923 Basic earnings per ordinary share (cents) 13 402 20
171 2,533 Diluted earnings per ordinary share (cents) 13 346 20