Last updated: 30 July 2014

Condensed consolidated income statement

Six months ended 30 June 2014

  Note 6 months ended  30.06.14 Unaudited $m 6 months ended  30.06.13 Unaudited $m Year  ended 31.12.13 Audited $m
Sales revenue 6 1,264.6 1,347.0 2,646.9
Cost of sales   (591.3) (582.9) (1,206.5)
Gross profit   673.3 764.1  1,440.4
Administrative expenses   (120.0) (88.6) (218.5)
(Loss)/profit on disposal 7 (114.8) - 29.5
Exploration costs written off 8 (402.2) (176.0) (870.6)
Operating profit 6 36.3 499.5  380.8
(Loss)/gain on hedging instruments   (18.0) 11.5 (19.7)
Finance revenue   7.3 7.3 43.7
Finance costs          (54.5) (32.1) (91.6)
(Loss)/profit from continuing activities before tax   (28.9) 486.2  313.2
Income tax expense 10 (66.2) (172.8) (97.1)
(Loss)/profit for the period from continuing activities   (95.1) 313.4   216.1
Attributable to:        
Equity owners of the parent   (75.3)  292.2 169.0
Non-controlling interest   (19.8)  21.2 47.1
    (95.1)  313.4 216.1
Earnings per ordinary share   ¢ ¢ ¢
Basic 3 (8.3) 32.2 18.6
Diluted 3 (8.3) 32.1 18.5

 

Condensed consolidated statement of comprehensive income and expense

Year ended 31 December 2013

  6 months ended  30.06.14 Unaudited $m 6 months ended  30.06.13 Unaudited $m Year  ended 31.12.13 Audited $m
(Loss)/profit for the period (95.1) 313.4 216.1
Items that may be reclassified to the income statement in subsequent periods      
Cash flow hedges      
(Losses)/gains in the period (2.3) 11.6 3.4
Reclassification adjustments for items included in profit on realisation 3.2 3.0 5.3
  0.9 14.6 8.7
Exchange differences on translation of foreign operations 0.6 (28.4) 12.7
Other comprehensive income/(charge) before tax 1.5 (13.8) 21.4
Tax relating to components of other comprehensive income (1.9) 0.3 0.1
Net other comprehensive (charge)/income for the period (0.4) (13.5) 21.5
Total comprehensive (charge)/income for the period (95.5) 299.9 237.6

Attributable to:
     
Equity holders of the parent (75.7) 278.7 190.5
Non-controlling interest (19.8) 21.2 47.1
  (95.5) 299.9 237.6