Northam Platinum Limited PDF print options   
Annual Report 2003
| Annual financial statements | Company secretary’s confirmation | Report of the independent auditors |
| Directors’ report | Accounting policies |
| Balance sheet | Income statement | Statement of changes in equity | Cash flow statement | Notes to the annual financial statements |
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  Income statement    View associated pdf (231KB)
  for the year ended 30 June 2003 
 
 

2003 2002
Note R000 R000

Total revenue 8 1 562 801 1 633 560

  
Sales revenue 21 1 471 999 1 560 685
Cost of sales 1 086 571 975 549
- operating costs 9 1 004 327 803 514
- refining and other costs 68 549 41 394
- leased metal cost 14 149 -
- depreciation and impairments 10 89 059 99 451
- change in metal inventories (89 513) 31 190

  
 
Operating profit 385 428 585 136
Investment income 11 64 140 52 023
Net sundry revenue 12 23 946 20 793

  
 
Profit before tax 473 514 657 952
Tax 13 198 601 259 121

  
Net income for the year 274 913 398 831

  
 
Cents Cents
Earnings per share 14 118.8 172.8
Fully diluted earnings per share 14 116.9 171.4
Headline earnings per share 14 118.7 176.1
Dividends per share 90.0 170.0
Northam Platinum Limited
AR 2003
Forward-looking statements Top of page