| |
| |
| Salient statistics |
| |
|
2007 |
2006 |
2005 |
2004 |
2003 |
| Marketing statistics |
|
|
|
|
|
|
| Average market prices achieved |
|
|
|
|
|
|
| Platinum |
US$/oz |
1,302 |
1,140 |
894 |
842 |
696 |
| Palladium |
US$/oz |
355 |
319 |
199 |
228 |
198 |
| Rhodium |
US$/oz |
4,344 |
3,542 |
1,966 |
933 |
527 |
| Gold |
US$/oz |
697 |
619 |
448 |
411 |
366 |
| Nickel |
US$/lb |
17.04 |
10.74 |
6.77 |
5.92 |
4.07 |
| Copper |
US$/lb |
3.18 |
2.93 |
1.57 |
1.25 |
0.77 |
| US$ basket price – Pt |
|
|
|
|
|
|
| (net sales revenue per Pt oz sold) |
US$/oz Pt sold |
2,579 |
2,030 |
1,388 |
1,194 |
948 |
| US$ basket price – PGM |
|
|
|
|
|
|
| (net sales revenue per PGM oz sold) |
US$/oz PGM sold |
1,262 |
1,037 |
755 |
668 |
526 |
| Platinum |
R/oz |
9,149 |
7,785 |
5,704 |
5,397 |
5,140 |
| Palladium |
R/oz |
2,499 |
2,178 |
1,274 |
1,458 |
1,459 |
| Rhodium |
R/oz |
30,593 |
23,996 |
12,640 |
5,917 |
3,967 |
| Gold |
R/oz |
4,901 |
4,218 |
2,902 |
2,627 |
2,728 |
| Nickel |
R/lb |
121.13 |
74.04 |
43.00 |
38.04 |
30.76 |
| Copper |
R/lb |
22.36 |
19.90 |
10.02 |
7.92 |
5.74 |
| R basket price – Pt (net sales revenue |
|
|
|
|
|
|
| per Pt oz sold) |
R/oz Pt sold |
18,167 |
13,852 |
8,871 |
7,649 |
7,017 |
| R basket price – PGM (net sales revenue |
|
|
|
|
|
|
| per PGM oz sold) |
R/oz PGM sold |
8,892 |
7,073 |
4,827 |
4,278 |
3,896 |
| Average exchange rate achieved on sales |
R/US$ |
7.0431 |
6.8223 |
6.3915 |
6.4055 |
7.4055 |
| Exchange rate at end of the period |
R/US$ |
6.8360 |
7.0010 |
6.3450 |
5.6450 |
6.6679 |
| Financial statistics and ratios |
|
|
|
|
|
|
| Gross profit margin |
% |
40.7 |
42.2 |
25.3 |
23.4 |
23.7 |
| EBITDA |
R millions |
21,946 |
19,187 |
8,354 |
5,353 |
4,579 |
| Operating profit to average operating assets |
% |
58.6 |
56.2 |
23.8 |
17.4 |
20.2 |
| Return on average shareholders’ equity |
% |
44.1 |
48.2 |
23.2 |
16.4 |
16.3 |
| Return on average capital employed |
% |
66.6 |
70.5 |
27.3 |
18.6 |
10.5 |
| Interest cover – EBITDA |
|
54.6 |
97.1 |
21.6 |
9.6 |
12.7 |
| Net debt to total capital employed |
% |
13.1 |
n/a |
9.8 |
15.6 |
34.8 |
| Interest-bearing debt to shareholders’ equity |
% |
28.4 |
2.0 |
20.5 |
32.2 |
58.8 |
| Net asset value per ordinary share |
R |
121.7 |
122.7 |
95.3 |
82.7 |
57.7 |
| Cost of sales per total Pt ounce sold* |
R |
10,711 |
7,963 |
6,587 |
5,794 |
5,313 |
| Cash operating cost per equivalent |
|
|
|
|
|
|
| Pt ounce† |
R |
8,181 |
6,116 |
5,523 R |
5,049 |
4,622 |
| Cash operating cost per refined |
|
|
|
|
|
|
| Pt ounce |
R |
8,129 |
5,748 |
5,670 |
5,046 |
4,725 |
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