Financial highlights
| | | 2005 | 2004 | % CHANGE |
|---|
| GOLD | | | | | |
| Attributable production | – total operations | (thousand ounces) | 769 | 905 | (15) |
| – continuing operations | (thousand ounces) | 569 | 563 | 1 |
| Attributable production | – total operations | (thousand kilograms) | 24 | 28 | (15) |
| – continuing operations | (thousand kilograms) | 18 | 18 | – |
| Average spot gold price | | (US$ per ounce) | 421 | 389 | 8 |
| Average spot gold price | | (R per kilogram) | 84 304 | 86 220 | (3) |
| Average price gold received | | (US$ per ounce) | 423 | 393 | 8 |
| Average price gold received | | (R per kilogram) | 84 690 | 87 211 | (3) |
| Average cash cost | – total operations | (US$ per ounce) | 379 | 349 | 9 |
| – continuing operations | (US$ per ounce) | 318 | 309 | 3 |
| Average cash cost | – total operations | (R per kilogram) | 75 869 | 77 384 | (2) |
| – continuing operations | (R per kilogram) | 63 689 | 68 659 | (7) |
| FINANCIAL | | | | | |
| Revenue | – total operations | (R million) | 1 669 | 2 192 | (24) |
| – continuing operations | (R million) | 1 152 | 1 273 | (10) |
| Operating profit/(loss) from gold | – total operations | (R million) | 18 | (29) | 163 |
| – continuing operations | (R million) | 154 | 80 | 92 |
| Loss before tax | – total operations | (R million) | (468) | (242) | (93) |
| – continuing operations | (R million) | (111) | (123) | 10 |
| Loss for the year | – total operations | (R million) | (516) | (716) | 28 |
| – continuing operations | (R million) | (225) | (222) | (1) |
| Basic loss per share | – total operations | (R cents) | (200) | (331) | 39 |
| – continuing operations | (R cents) | (87) | (102) | 15 |
| Total assets | | (R million) | 1 559 | 1 803 | (14) |
| Net asset value per share | | (R cents) | 210 | 244 | (14) |
| RESERVES | | | | | |
| Proven and probable ore reserves | – total operations | (million ounces) | 6.6 | 11.7 | (44) |
| – continuing operations | (million ounces) | 6.6 | 6.7 | (1) |
| SHARE STATISTICS | | | | | |
| Market price per share(1) | | (R cents) | 569 | 1 570 | (64) |
| Market price per share(1) | | (US$) | 0.88 | 2.52 | (65) |
| Ordinary shares in issue(1) | | |
296 206 048 | 233 307 667 | 27 |
| Market capitalisation(1) | | (R billion) | 1.7 | 3.7 | (54) |
| Market capitalisation(1) | | (US$ million) | 261 | 588 | (56) |
| EXCHANGE RATES | | | | | |
| United States Dollar | | | | | |
| Average rate | | (R:US$) | 6.22 | 6.90 | (10) |
| Closing rate | | (R:US$) | 6.68 | 6.28 | 6 |
| Australian Dollar | | | | | |
| Average rate | | (R:A$) | 4.68 | 4.92 | (5) |
| Closing rate | | (R:A$) | 5.09 | 4.33 | 18 |
| Papua New Guinean Kina | | | | | |
| Average rate | | (R:K) | 1.98 | 2.08 | (5) |
| Closing rate | | (R:K) | 2.15 | 1.94 | 11 |
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DRDGOLD Annual Report 2005 - www.drdgold.com