Integrated Annual Report 2014

Summarised consolidated income statement

FOR THE YEAR ENDED 31 DECEMBER 2014
Figures in million – SA rand 2014 2013 2012
Revenue 21,780.5 19,331.2 16,553.5
Cost of sales (17,566.1) (15,077.2) (13,186.6)
Net operating profit 4,214.4 4,254.0 3,366.9
Investment income 183.2 160.3 105.5
Finance expense (400.0) (420.3) (176.7)
Share-based payments (417.9) (305.8) (263.5)
Share of results of equity-accounted investees after taxation (470.7) 51.5 93.1
(Loss)/gain on financial instruments (107.7) (4.6) 13.8
(Loss)/gain on foreign exchange differences (63.3) 24.0 1.2
Exploration and feasibility cost (15.1)
Other income 155.9 219.3 247.2
Other costs (249.9) (314.9) (368.5)
Impairments (275.1) (821.0)
Reversal of impairment 474.1
Profit on disposal of property, plant and equipment 9.5 5.5 2.4
Loss on loss of control of subsidiary (30.2)
Transaction costs (111.6) (9.3)
Restructuring costs (160.3) (439.4) (124.1)
Profit before royalties and taxation 2,765.5 2,369.1 2,897.3
Royalties (430.5) (414.6) (282.1)
Profit before taxation 2,335.0 1,954.5 2,615.2
Mining and income taxation (828.1) (256.2) 365.0
Profit for the year 1,506.9 1,698.3 2,980.2
Attributable to:      
Owners of Sibanye 1,551.5 1,692.4 2,979.6
Non-controlling interests (44.6) 5.9 0.6
Earnings per share attributable to owners of Sibanye      
Basic earnings per share – cents 186 260 297,960,000
Diluted earnings per share – cents 182 255 297,960,000

The Group does not have other comprehensive income, therefore no statement of comprehensive income is presented.