Key Financial Data

STATEMENT OF OPERATIONS US$ 2015 $m 2014 $m 2013 $m 2012 $m 2011 $m
Gold sales 508.0 563.3 553.6 385.4 395.6
Cost of sales, excluding depreciation and amortisation (265.1) (289.9) (260.7) (226.0) (216.8)
General & Administration (8.5)
Foreign Currency Exchange Gain/(Loss) (2.8) 1.7 1.3 (1.0) 0.3
Other income (expense) (1.3) (0.8) (3.4) 1.1 (0.7)
Earnings before interest, tax, depreciation & amortisation (EBITDA) (excluding gain/(loss) on undesignated hedges and impairment) 193.5 239.8 262.4 144.6 163.9
Depreciation and amortisation (125.0) (129.6) (129.3) (91.4) (85.8)
Net interest expense (12.1) (11.2) (27.0) (21.5) (12.9)
Earnings/(loss) before income tax and gain/(loss) on undesignated hedges and impairment 56.5 99.0 106.1 31.7 65.2
Tax on earnings / loss 0.4 13.1 (13.3) (11.4) (21.0)
Earnings/(loss) after income tax and before gain/(loss) on undesignated hedges before impairment 56.9 112.2 92.8 20.3 44.2
Impairment charge (193.3)
Gain/(loss) on fair value of undesignated hedges (5.4) (0.9) (2.1) 0.5
Tax (expense)/benefit on gain/loss on undesignated hedges 1.5 0.2 54.7 (0.2)
Net earnings/(loss) 53.1 111.5 (47.9) 20.7 44.2
Basic earnings/ (loss) per share $0.14 $0.37 $(0.16) $0.08 $0.17
Diluted earnings/ (loss) per share $0.14 $0.36 $(0.16) $0.08 $0.17
CASH FLOW
Cash flows from Operating Activities 171.4 215.0 159.4 115.3 154.6
Cash flows used in Investing Activities (125.5) (109.4) (158.8) (294.5) (146.6)
Cash flows from /(used in) Financing Activities 89.9 (75.4) (83.2) 108.9 (16.1)

 

BALANCE SHEET US$ As at Dec 31 2015 $m As at Dec 31 2014 $m As at Dec 31 2013 $m As at Dec 31 2012 $m As at Dec 31 2011 $m
Cash and cash equivalents 185.5 51.2 24.8 96.5 170.0
Other Current Assets 138.1 126.1 126.4 89.3 56.5
Non Current Assets 1,220.3 741.9 745.6 845.9 591.2
Total Assets 1,543.9 919.2 896.8 1,031.7 817.6
Current Liabilities 135.5 85.5 129.5 119.4 123.6
Non Current Liabilities 268.6 138.3 175.6 222.4 215.8
Total Liabilities 404.1 223.7 305.1 421.8 339.4
Total Shareholders’ Equity 1,139.8 695.5 591.7 609.9 478.2