Five year financial summary
| 2011 $m |
*Restated 2010 $m |
*Restated 2009 $m |
2008 $m |
*Restated 2007 $m |
|
|---|---|---|---|---|---|
* The 2007 comparatives have been restated due to an asset held for sale being reclassified during 2008. The 2009 and 2010 comparatives have been restated due to a change in the inventory accounting policy. |
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| Group income statement | |||||
| Sales revenue | 2,304.2 | 1,089.8 | 915.9 | 1,310.6 | 1,279.5 |
| Cost of sales | (930.8) | (584.1) | (608.0) | (687.3) | (708.0) |
| Gross profit | 1,373.4 | 505.7 | 307.9 | 623.3 | 571.5 |
| Administrative expenses | (122.8) | (89.6) | (77.6) | (79.2) | (63.3) |
| Profit/(loss) on disposal of subsidiaries | – | – | 16.0 | 395.6 | (1.2) |
| Profit on disposal of oil and gas assets | – | 0.5 | 4.9 | 57.8 | – |
| Profit on disposal of other assets | 2.0 | – | – | – | – |
| Exploration costs written off | (120.6) | (154.7) | (82.7) | (419.0) | (128.5) |
| Operating profit | 1,132.0 | 261.9 | 168.5 | 578.5 | 378.5 |
| Profit/(loss) on hedging instruments | 27.2 | (27.7) | (59.8) | 66.6 | (58.7) |
| Finance revenue | 36.6 | 15.1 | 2.1 | 7.3 | 6.2 |
| Finance costs | (122.9) | (70.1) | (60.8) | (87.5) | (97.4) |
| Profit from continuing activities before taxation | 1,072.9 | 179.2 | 50.0 | 564.9 | 228.6 |
| Taxation | (383.9) | (89.7) | (1.9) | (135.7) | (123.3) |
| Profit for the year from continuing activities | 689.0 | 89.5 | 48.1 | 429.2 | 105.3 |
| Earnings per share | |||||
| Basic – ¢ | 72.5 | 8.1 | 5.4 | 58.8 | 14.2 |
| Diluted – ¢ | 72.0 | 8.0 | 5.3 | 58.1 | 13.9 |
| Dividends paid | 114.2 | 79.2 | 75.3 | 80.9 | 78.9 |
| Group balance sheet | |||||
| Non-current assets | 9,461.7 | 7,077.0 | 4,372.8 | 3,524.0 | 3,689.8 |
| Net current (liabilities)/assets | (360.2) | (150.2) | 139.9 | (215.4) | (134.8) |
| Total assets less current liabilities | 9,101.5 | 6,926.8 | 4,512.7 | 3,308.6 | 3,555.0 |
| Long-term liabilities | (4,335.5) | (3,023.4) | (2,064.2) | (1,414.7) | (2,131.7) |
| Net assets | 4,766.0 | 3,903.4 | 2,448.5 | 1,893.9 | 1,423.3 |
| Called up equity share capital | 146.2 | 143.5 | 130.1 | 119.7 | 117.4 |
| Share premium | 551.8 | 251.5 | 242.3 | 231.1 | 178.0 |
| Other reserves | 551.1 | 574.2 | 614.5 | 607.8 | 541.9 |
| Retained earnings | 3,441.3 | 2,873.6 | 1,419.5 | 898.6 | 555.0 |
| Equity attributable to equity holders of the parent | 4,690.4 | 3,842.8 | 2,406.4 | 1,857.2 | 1,392.3 |
| Non-controlling interest | 75.6 | 60.6 | 42.1 | 36.7 | 31.0 |
| Total equity | 4,766.0 | 3,903.4 | 2,448.5 | 1,893.9 | 1,423.3 |
