At a glance
Our performance

Operating statistics			2014	2013	2012	2011	2010
Gross refined production
Platinum	('000oz)	▽	1 178	1 582	1 448	1 836	1 741
Palladium	('000oz)	▽	710	1 020	950	1 192	1 238
Rhodium	('000oz)	▽	157	220	210	262	252
Nickel	('000t)	▽	13.9	16.0	15.4	16.3	15.2
IRS metal returned (toll refined)
Platinum	('000oz)	▽	94	189	121	220	233
Palladium	('000oz)	▽	28	190	148	210	259
Rhodium	('000oz)	▽	9	36	25	42	49
Nickel	('000t)	◁	3.2	3.2	3.1	3.4	2.8
Sales volumes
Platinum	('000oz)	▽	1 197	1 333	1 368	1 665	1 434
Palladium	('000oz)	▽	767	859	765	1 011	945
Rhodium	('000oz)	▽	147	176	183	221	228
Nickel	('000t)	▽	10.7	13.2	12.5	14.1	11.5
Prices achieved
Platinum	(US$/oz)	▽	1 423	1 551	1 614	1 691	1 433
Palladium	(US$/oz)	△	737	676	687	670	376
Rhodium	(US$/oz)	▽	1 000	1 143	1 601	2 275	2 149
Nickel	(US$/t)	▽	14 644	16 541	19 603	23 851	18 884
Consolidated statistics
Average exchange rate achieved	(R/US$)	△	10.36	8.81	7.70	7.03	7.58
Closing exchange rate for period	(R/US$)	△	10.64	9.88	8.17	6.77	7.67
Revenue per platinum ounce sold	(US$/oz)	▽	2 299	2 505	2 576	2 772	2 293
	(R/oz)	△	23 818	22 069	19 844	19 480	17 375
Tonnes milled ex mine	('000t)	▽	13 916	17 209	16 626	19 819	19 171
Total development (Impala)	(Metres)	▽	61 337	97 378	96 841	132 342	122 573
Gross PGM refined production	('000oz)	▽	2 370	3 233	3 016	3 772	3 689
Group unit cost per platinum ounce	(US$/oz)	◁	1 874	1 874	1 739	1 544	1 334
	(R/oz)	△	19 430	16 526	13 466	10 858	10 078

Refined platinum ounces indicated above have been rounded for illustrative purposes.
*Ex-IRS

Key financial performance			2014	2013	2012	2011	2010
Revenue	(Rm)	▽	29 028	29 844	27 393	32 872	25 254
Gross profit	(Rm)	▽	3 242	4 712	5 780	10 353	7 179
Profit/(loss) from operations	(Rm)	▽	(21)	2 214	5 337	9 446	6 684
Profit/(loss) for the year	(Rm)	▽	(129)	1 068	4 279	6 819	4 790
Headline earnings	(Rm)	▽	523	1 994	4 131	6 648	4 714
Dividends	(cps)	▽	–	95	195	570	390
Gross profit margin	(%)	▽	11.2	15.8	21.1	31.5	28.4
Capital expenditure	(Rm)	▽	4 384	6 258	7 894	5 354	4 426
Cash net of debt/(debt net of cash)	(Rm)	▽	(3 482)	(3 366)	(2 320)	2 454	1 509
Cash generated from operations	(Rm)	▽	4 096	5 582	4 441	7 801	5 607

Key non-financial performance			2014	2013	2012	2011	2010
Fatality injury frequency rate	(pmmhw*)	▽	0.043	0.065	0.087	0.053	0.122
Lost-time injury frequency rate	(pmmhw*)	▽	3.92	4.21	4.96	4.94	4.61
Total injury frequency rate	(pmmhw*)	△	11.90	10.91	11.19	13.47	15.21
Employees (including contractors)	(no)	▽	55 000	56 000	61 000	56 000	53 000
Employee turnover	(%)	▽	4.5	6.0	10.0	8.3	6.0
Energy consumption	('000GJ)	▽	14 395	17 574	17 542	18 222	17 013
Energy intensity	(GJ/tonnes milled)	△	1.034	0.955	0.986	0.869	0.837
Water consumption	(Mℓ)	▽	34 775	40 711	40 114	41 868	37 060
Water intensity	(Mℓ/tonnes milled)	△	0.0025	0.0022	0.0023	0.0020	0.0018
Total direct SO₂ emissions	(tpa)	△	30 735	18 536	18 463	18 881	16 926
Total CO₂ emissions	('000tpa)	▽	3 039	3 788	3 707	4 022	3 755
Voluntary counselling and testing	(no)	▽	10 086	11 782	9 820	14 072	6 837

*pmmhw – per million man-hours worked.

△▽ Improvement.

△▽ Deterioration.

◁ No change.

1.18m		0.043
gross production of platinum ounces		reduced fatality injury frequency rate
25.5% down 2013		2013: 0.065