|
DURBAN ROODEPOORT DEEP LIMITED
NASDAQ trading symbol : DROOY
Registration No.1895/000926/06
ARBN 086 277616
Group Highlights
Quarter Quarter
March 2001 December 2000
Gold production: 7 850 kg 8 584 kg
252 381 oz 275 980 oz
Cash operating costs: R 59 682/kg R 54 629/kg
US$ 237/oz US$ 224/oz
Cash operating profit: R 48.5 million R70.3 million
US$ 6.1 million US$ 9.3 million
Incorporating the results of all Durban Roodepoort Deep subsidiaries, including
Blyvooruitzicht Gold Mining Company Limited, Buffelsfontein Gold Mines Limited,
West Witwatersrand Gold Holdings Limited, Crown Consolidated Gold Recoveries
Limited, Hartebeestfontein Gold Mine a division of Buffelsfontein Gold Mines
Limited, DRD Australasia and Dome Resources NL.
GROUP OPERATING RESULTS Quarter Quarter 9mths to
(Unaudited) 31/03/01 31/12/00 31/03/01
Ore milled - t'1000 6 336 6 420 18 644
Yield-g/tonne 1.24 1.34 1.36
Gold produced-kg 7 850 8 584 25 395
Cash cost - R/kg 59 682 54 629 56 320
FINANCIAL RESULTS (R million)
Gold revenue* 517.0 539.2 1 607.7
Cash operating costs 468.5 468.9 1 430.2
Cash operating profit* 48.5 70.3 177.5
Other expenses 13.6 7.5 33.9
GROUP OPERATING RESULTS - CONTINUED
Quarter Quarter 9mths to
31/03/01 31/12/00 31/03/01
Cash profit from operations* 34.9 62.8 143.6
Hedge restructuring costs -
Long positions 38.5 30.8 101.1
Retrenchment costs 6.2 6.0 15.2
Interest expense 14.4 15.8 45.2
Closure costs 2.9 1.3 10.4
Net cash operating (loss)/profit (27.1) 8.9 (28.3)
Non-cash items 30.5 26.5 87.8
Rehabilitation 1.9 2.7 6.7
Depreciation 32.2 25.2 84.9
Work in progress (3.6) (1.4) (3.8)
Loss before taxation (57.6) (17.6) (116.1)
Exceptional items 1.6 (3.6) 1.6
Taxation 0.1 0.1 0.2
Deferred taxation - (5.2) (5.2)
Loss after taxation (59.3) (8.9) (112.7)
Basic loss per share-cents (43) (7) (88)
Headline loss per share-cents (42) (10) (87)
Calculated on the weighted
average ordinary shares issued
of : 137 283 875 127 114 791 127 437 527
Capital expenditure - net
(inflow)/outflow (5.8) (6.4) 7.9
Net cash (absorbed)/generated
after capital expenditure (21.3) 15.3 (36.2)
Note: *Gold revenue for the previous quarters has
Been restated to reflect gold revenue more
Accurately. The cost associated with the long
Positions is reflected as 'Hedge restructuring
Costs'.
ABRIDGED BALANCE SHEET Quarter Quarter
(R Million)-(Unaudited) 31/03/01 31/12/00
Employment of Capital
Mining assets after depreciation 891.9 927.5
Cash and equivalents 128.9 120.0
Other non-current assets 24.3 25.0
Current assets 307.1 318.4
1 352.2 1 390.9
Capital employed
Shareholders' equity 504.2 439.9
Borrowings 73.3 70.6
Rehabilitation 112.7 104.1
Deferred taxation 65.7 65.7
Other non-current liabilities 154.7 169.0
Current liabilities 441.6 541.6
1 352.2 1 390.9
ABRIDGED CASH FLOW STATEMENT Quarter Quarter
R Million (Unaudited) 31/03/01 31/12/00
Cash flow from operating activities (49.0) 10.2
Cash flow from investing activities 5.8 9.1
Cash flow from financing activities 41.7 (4.2)
Translation adjustment 10.4 (2.5)
Increase in cash and equivalents 8.9 12.6
Opening cash and equivalents 120.0 107.4
Closing cash and equivalents 128.9 120.0
For and on behalf of the board
MARK WELLESLEY-WOOD
Chairman and acting Chief Executive Officer
26 April 2001
Directors:
MM Wellesley-Wood (Chairman and acting Chief Executive Officer)*;RAR Kebble
(Deputy Chairman); IL Murray (Chief Financial Officer); F Weideman; G Fischer;
N Goodwin; VO Hoops; F Lips** (*British) (**Swiss)
For further information, contact Maryna Eloff (Group Company Secretary) at:
Tel:(+27-11) 482-4968, Fax: (+27-11) 482-4641
E-mail: eloffm@drd.co.za , Web site : http:/www.durbans.com
45 Empire Road, Parktown, PO Box 390, Maraisburg, 1700
South Africa.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
