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Issue 2003
DRD Annual Results • 30 June 2003
Financial highlights
         
    2003 2002 % change
Gold        
  Attributable production (thousand ounces) 870 1 027 -15
  Average spot price (US$ per ounce) 334 296 +13
  Average price received (US$ per ounce) 336 253 +33
  Average cash cost (US$ per ounce) 303 212 +43
Revenue (R million) 2 409 2 639 -9
Operating profit from gold (R million) 92 278 -67
Profit/(loss) after tax (R million) 371 (511) +173
Basic profit/(loss) per share (R cents) 202 (316) +164
Total assets (R million) 1 817 1 615 +13
Proved and probable mineral reserves (million ounces) 15.8 16.3 -3
Net asset value per share (R cents) 248 247
Market price per share (R cents) 1 930 4 299 -55
Market price per share (US$) 2.52 4.25 -41
Ordinary shares in issue June 30, 2003   184 222 073 177 173 485 +4
Market capitalisation (R billion) 3.6 7.6 -53
Market capitalisation (US$ million) 464 753 -38